Trump on Pace to Do What Obama Couldn’t

Lol, yes.

 

A blind deaf schnauzer should be able to surpass Obama's performance in anything.

 

Your right he has done a lot of crap Pres. Obama has never done.

 

I get a laugh ...
For what Obama needed at least 8 years to do worse what is told by those who hate him he did bad ... Trump didn't even need 8 month to surpass him in doing BS!

 

Please be specific on what policy's created that of the Messiah's?

Tarp- that was Bush Jr

Tax cuts - bush Jr.

Stock market- Feds/ QE

Stimulous- copied off Bush Jr.


.

 

Cleaning up the mess which Bush Jr. had created like finance crises; unplowed rate, Iraq and Afghanistan?
Saving in detail 100,000 jobs at GM alone?

 

nope

 

Obama was part of TARP. Obama cut taxes. The stock market turned around under Obama's administration. Stimulus was Obama.

 

Great for Wall Street. Didn't do much for Main Street.

WINNING: Trump’s ‘energy dominance’ strategy starting to crack Eastern European markets.



The U.S. Energy Department announced Aug. 21 that a cargo ship full of Pennsylvania coal would be sailing out of Baltimore, 5,600 nautical miles across the Atlantic Ocean, Mediterranean and Black Seas to Ukraine, the first such shipment of its kind.

Such shipments hold significance in a variety of ways, and offer a possible window into the Trump administration’s desire to use energy trade to offset the aggressive geopolitical behavior of Russian President Vladimir Putin. In March, Ukraine cut off deliveries of coal from the Russian-controlled region of Donbass, where much of Ukraine’s coal industry resided before the 2014 conflict between Ukraine and Russia began.

Centrenergo, the Ukrainian power utility, has been struggling since March to replace the blocked coal supplies. Now, Latrobe, Pennsylvania-based XCoal Energy will send 700,000 tons of anthracite coal to Odessa over the next several months. The agreement follows a June meeting between President Donald Trump and Ukrainian President Petro Poroshenko and U.S. President Donald Trump.

This week also marks the first shipment of liquefied natural gas from the United States to the Baltic state of Lithuania, a former Soviet satellite, which until recently was completely dependent on Russian gas supplies. Lithuania and the other Baltic states of Latvia and Estonia have at times been under withering political pressure from their former Cold War patrons, particularly since Moscow occupied the Crimea in 2014.

Trump’s visit to Poland in early July included a speech that highlighted his administration’s desire to exert a counter-force on Russia through the energy markets, “so that you can never be held hostage to a single supplier,” Trump said.

Poland received its first U.S.-based shipment of LNG in July, and the single U.S. LNG export terminal at Sabine Pass on the Texas-Louisiana border has sent out more than 160 cargoes since starting up in February. Several of the cargoes have reached Spain, Italy, the United Kingdom and the Netherlands in the past 18 months.

U.S. LNG export capacity is set to grow five-fold by 2020, potentially making Eastern European economies awash in natural gas, just as many of the long-term delivery contracts signed between Eastern Europe and Russia’s natural gas monopoly Gazprom are set to expire in the early 2020s.

http://www.rstreet.org/2017/08/23/t...y-starting-to-crack-eastern-european-markets/

 

Orders for durable goods sink 6.8% in July, the most in nearly three years

http://www.marketwatch.com/story/orders-for-durable-goods-sink-68-in-july-the-most-in-nearly-three-years-2017-08-25

 

Respectfully I would say this was in spite of Obama, and not because of him.

 

Seriously GM? That company was going no where, American Airlines went through bankruptcy and they are still here..All that was , was pay back for the Union vote.

And once again you didn't name the policy that "cleaned up Bush Jr mess" considering Obama started to do the same damn thing with low loans.
And what about Iraq and Afghanistan? By the Messiah pulling out of Iraq he created a vacuum that gave rise to ISIS.


.

 

Ok, let's review, I made a statement, you said statement was false, I provided evidence proving my statement to be correct, you again say my statement is false, but do not provide evidence.

You lose

 

since virtually everyones retirement is tied to the stock market, EVERYONE has benefitted under obama

 

nope. you have not provided evidence your statement was true

 

Well the national bureau of economic research provided the evidence

I just provided the link

 

which is a silly partisan hackery statement

 

which didn't support your claim

 

Yup, here is another one (new car sales down): http://money.cnn.com/2017/07/03/news/companies/june-car-sales/index.html

In addition, wages continue to stagnate, despite record unemployment, taxes and the ACA remain at where they were under Obama, due to inability of Trump/congress to get things done.

The bottom line is: Economic fundamentals haven't changed since Trump took over. The stock market can climb on "good feelings of the rubes" only for so long. Eventually, economic reality will cause reversal to the mean.

 

I still don't think we will be able to do it, but if we/Trump is able to that is a HUGE thing to hit.

Really I was under the impression that getting to 3% (especially regularly) would be a near impossible feat. With the way the global economy is at the moment, as well as the fact that so many other countries are also economically viable options to trade with other than the US, 3%+ growth regularly may prove to be a very difficult expectation.

I do have to admit, since the world fell apart so much after '08 I definitely expected that we were going to hit 3%+ during the recovery period, but the recovery ended up being far slower than most expected. Yes, the economy did crumble but a lot of the market drop was in consumer sentiment since people were so scared. As it came back, most expected that part of the economy to come back very quickly and you figure that would have been the best point to see over 3% growth. But we didn't and I think it was because of the general culture being created in Washington, not necessarily Obama.

For those reasons along with the fact we never get 3%+, I sadly assumed that may be the new normal expectation.

If Trump is able to start getting us back to over 3% I think it will go a long way to showing what the business community thinks "will grow the economy" as we go from a Democratic rule to a Republican rule.

There is a 100% difference in the way the business community now feels. Trump has not really done anything specific to get the economy going, so it has to be simply the overall atmosphere and expectations caused by him winning. Business leaders/owners see the focus being shifted on low taxes and getting rid of regulation and if the economy goes over that magic number of 3%, I think we know why

 

Obviously it did.

you also demanded to know which deregulation lead to the economy improving, which I said was a ridiculous request seeing as how our economy is too big be effected by one single regulation.

Later, you said the economy is too big to be effected by one single regulation......

So yeah, I have no respect for you.

 

Not if you have any business or investment experience (which I realize most people don't, so that's not meant as a cheap shot at you.) The average person has absolutely no clue when it comes to the market or consumer/investor confidence.

 

Well, he claims to understand the economy. But he's proving to be less than honest.

 

Good post/points.

 

Hmm, you do know that President Bush started the program that would save GM.

Obama inherited it and made changes to it of course, but since you hate Bush so much and call him so evil I think it would be good for you to know

Why do you hate American Republicans so much being over in the EU? I have to say, I don't think I have spoken to another European who is so aggressive when it came to politics across the pond, nor have I met an American who does so with EU politics.

Just out of curiosity, is there a reason you feel more tied to the others politics than the average EU/American citizen?