US consumer confidence rises to 18-year high

When you go to McDonalds you don't thank the clown, you thank the guy who put it in the bag.

 

He didn't. That was made up BS by people like you. You never did tell us how you are saving two grand on the tax cut.

 

My stock funds went up since 2008, on average with not much different rate compared to after Trump took office. Come to think of it, this year was kind of slow.

You know, the stock market tends to do this thing, increase to new record heights -- until the next crash comes. People like you who operate on herd mentality will make the next crash much worse.

 

Yeah well just like Ronald Mcdonald, Donald Trump doesn't run the company.

 

So the stock market hasn't crashed under Trump which many on the left said it would.

That's a win for Trump.

 

The Trump tax cuts are allowing me to keep a little over $3,000 more of my own money per year.

 

So you feel that cutting taxes, allowing money to return to the US and be reinvested in the country - plus eliminating needless regulations - had no effect on the economy? It might have all been a coincidence, perhaps.

 

Beauty may only be skin deep but stupid is forever. https://www.investors.com/politics/...oming-the-greatest-false-predictions-of-2017/

 

But beauty is beauty.

 

LOL, you are getting more and more hillarious.

NOT crashing the stock market while pumping trillions into the economy through stimulus on the national credit card is winning.

The same as NOT being a criminal is winning, despite the obvious and blatant immoral and self serving behavior.

Next, we'll have to thank Trump for NOT being impeached, so the economy will NOT crash and we all will NOT be poor.

More winning messages for he midterms.

 

OP

And on the BBC a couple of days ago it was reported that 'the US economy is taking off'. Whatever The Donald is doing it must be right? The Dems won't like that??

 

Nobody has ever said that tax cuts without spending cuts, i.e. government stimulus, won't stimulate the economy in the short term. What Dems are worried about is the long term, in other words the inevitable deep recession that tends to follow the GOP tax less and still spend policies.

 

I don't know anything about fiscal stuff, but if the BBC, with its almost pathological hatred of Trump, could've put a negative spin to it, I'm certain it would have done.

 

of course he doesn't. The economy has been on the same steady upswing for the past 9 years.

 

of course Trump has everything to do with how great the economy is doing now.

 

Well when we have more people working and buying big ticket items like cars and houses why wouldn't we expect that consumer debt to rise?

 

Yeah but it took SIX YEARS to recoup what you had lost since 2007. And that started petering out by 2015 and losses started mounting but now is on a strong upward trend.

 

no it hasn't. it's been on the same upward trajectory for the past 9 years. And your nonsense about the democrat recovery has been thoroughly debunked.






https://money.cnn.com/gallery/news/economy/2017/01/06/obama-economy-10-charts-final/10.html

 

of course he doesn't. The economy has been on the same steady upswing for the past 9 years.

 

We already know that you like to cherry pick time points to make your political argument. You'll be doing the same thing when the next recession comes, and it will, trying to blame it all on Democrats.

 

What's interesting from a pol/econ issue is the Fed punished HW by rising rates when the deficit went up, despite no inflation spike, so he either had to face a tax hike or rate hike, and he got both along with the usual recession .... by a gop fed banker Greenspan

Now we have a taxcut and revenues NOT taking off as promised, more spending, and inflation well within the Fed target of 2%, so rates are going up very slowly and not projected to go to where they were around 1990.

And no, presidents don't have short term impacts on the economy. Nixon pressured the Fed into not raising rates, and we got not just inflation but stagflation. A dem potus Carter wrecked himself with 20% rates from Volker and the Fed, and Reagan's recession ended quite quickly as inflation was killed in 4 years. HW got slammed, and Slick benefited. In short, it's cyclical and the Fed arguably has been too aggressive.

However, both parties are choosing to not deal with the deficit. And that's on Trump. Paul Ryan was set to do that in 2019. But deficits are off the political table now..

 

I actually believe consumer confidence (the specific topic of this thread) began rebounding sooner than January 2017 - I think it began rebounding when Trump was elected. At least that was the case with regards to my own business.

Ignoring Trump's impact on consumer confidence is ignorance and/or partisan brainwashing.

 

Uhh.. Horse ****.

GDP is up 84% under Trump and the growth in the Federal Debt is down 20%.

The Dems' big problem

The prosperity that followed Trump into office is killing the communist-Marxist-Progressive movement.

 

<Rule 2>


https://www.thebalance.com/current-u-s-federal-budget-deficit-3305783
It is not a partisan issue, regardless of your partisanship.

But for the 1% and those of us trying to maximize our 401ks near retirement, it is not bad.

 

You are the one that's hilarious.

First of all, Trump has no control over how we spend money, congress does.

Secondly, you say trillions he has pumped in?

lol

Explain to us these trillions please.