You have fully bought into the Trump koolaid -- prosperity for all, not brought about by higher productivity or wages, but by going into more debt, both private and public. Typical herd mentality. So go ahead, spend your money, it drives my stock investments up. When I hear those things I think of the old adage: Be greedy when others are fearful and be fearful when others are greedy. Time to step up my savings instead to spend more.
If you read todays news on Bloomberg rank and file employ pay went down during the past year,so how consumer confidence rises as real wages shrink and inflation drives prices up baffles me.39.4% of Americans suffered some type of either housing,utilities,food or health care paying crisis in 2017.24% of it was with people who had college degrees.
So you admit that your investments are going up under Trump. And what are you complaining about again?
Consumer confidence is a good sign that people are comfortable spending money. It is not necessarily indicative of a healthy economy. Don't confuse correlation and causation. Consumer confidence was sky high in 2007 right before the great recession too. To be clear I don't think we are going to see another massive recession like that. We will have another recession someday, possibly during Trump's term, but it's not something easily predicted.
My portfolio is doing great. Thanks Trump! Still think he's a narcissistic ******* though. How's your portfolio?
My philosophy about the whole damn circle jerk is this: I was not, nor do I intend to live my life to work away my life to buy crap from manufactures to keep them in business. I buy essentials and make the rest or do without..
Since 2000 my land investments have tripled in value..I really don't know why you people are always complaining it could always be much worse, you could be dead, or married.
Am I too late to blame Bush! Obama hindered growth by increasing the burden on businesses. Trump reduced the burden and we are seeing results. Here in Los Angeles, your party is in complete control. Our taxes are among the highest and we are still the poverty capitol of the country.
Actually it has accelerated and gotten us to where we should have been 6 years ago instead of the Democrat non-recovery.
We know what Trump has done, slashing regulations, tax rate cuts, trade issues. What exactly did Obama personally do to kill UBL?
The housing market is tanking consumer debt is at all time highs in every category,where the hell is the confidence???