S&P 500 and Nasdaq Composite close at records after October jobs report

That was the case for every year since 2015, when the total number of employed people exceeded the previous peak of 2007. Population growth tends to do this kind of thing, you know? I am sure you thanked Obama back then.

 

Okay, lets look at the numbers. Since the tax cuts, the deficit jumped by about $400 billion per year. That's 2% of GDP. Therefore, it can be argued that Trump's GDP growth is ENTIRELY based on government deficit spending. Without it, his growth would be below Obama's.

As to winning: Keep dreaming that the short term sugar high from the tax cuts will be sustainable. It never has been in the past.

 

His mere presence in office was enough to jump the market.

Go back to the day after he was elected.

 

Jobs are for suckers..I haven't had one in many years what with being self employed..

 

Yes because we had to pay off the corporations to do as such which is costing the US billions a year to finance...Ah, such is capitalism.

 

When Obama left the Oval Office, his GCEGI was at $1.245 trillion, and today, Trump's Q3 GCEGI is at $1.432 trillion, thus, up $187 billion.

NOTE: GCEGI stands for Government Consumption Expenditures and Gross Investments, and it is a GDP component, thus, $1 in GCEGI increases the GDP by $1, and in current dollar GDP ($21.53 trillion), $187 billion equates to 0.87%. In other words, in 2015, had Obama requested Congress to increase GCEGI by $187 billion "over three years", his 2016 "dismal" 1.6% GDP rate would have easily surpassed 2% , however, back then, the GOP Congress were chanting; DEFICIT MATTERS!


https://ycharts.com/indicators/us_federal_government_consumption_expenditures_and_gross_investment

https://www.thebalance.com/components-of-gdp-explanation-formula-and-chart-3306015

https://www.bea.gov/news/2019/gross-domestic-product-3rd-quarter-2019-advance-estimate

 

Not sure what this has to do with the fact that what he said and you quoted was demonstrably false?

 

Well let your post be the perfect example of the opposite of demonstratable!

¯\_(º¸º)_/¯​

 

Not sure what this has to do with his statement being demonstrably false either?

 

Well again I must spell it out for you..

YOU DIDNT DEMONSTRATE ANYTHING! All you did was make a claim to my compliment of the guys post

*Crickets*

 

But you are aware that I’ve demonstrated it in dozens of threads every time one of you righties pretends trump is responsible for an economic trend line that has remained unchanged since 2010. Lol

 

Nope, so you can imagine my WTF moment when you quoted my compliment to the OP ¯\_(º¸º)_/¯

 

Actually debt growth to GDP has slowed since Trump took over.

In Obama's last two years, debt grew from 101.5% to 104.4 of GDP



Over Trump's first two years, not only has he halted the climb, but even improved it a bit to 104.3%



Pelosi and the Democrats control the purse strings, if you want them to spend less, you should communicate that to them.

 

So you think trump was president in 2010? Do you really want to keep playing dumb?

 

Haven't a clue what your on about now? You are all over the place Rahl. I mean seriously man, all I did was compliment the OP on his post ¯\_(º¸º)_/¯

 

You complimented someone on a demonstrably false statement, which I pointed out.

 

Well sorry! I didn't believe you for lack of substance.. But to be fair, it did provide a comical element, but then even that turned confusing and tedious as most of your repetitive post end up, current exchange INCLUDED ¯\_(º¸º)_/¯

 

That makes no sense! In order for unemployment to remain low while outpacing population growth is to be commended..

ALL HAIL Trump!

 

I’m sorry that empirical fact confuses you. Though I’m not surprised.

 

A first!
Oh wait...

 

Well considering I didn't see any real facts, empirical or otherwise, then there was no other options other than being confused

Please feel free to ask, more on, this and any other question you might need clarification on

 

but you are fully aware you’ve been shown them before, by me, in numerous other threads.

How does me pointing out you complimented a demonstrably false comment lead you to believe I need clarification?

 

I have been self employed for better then two decades. And sometimes I wished it was someone else's responsibility when crunch time drew near.. I can always tell the difference in a someone that claims being self employed is a cake walk and someone that actually ate from the stress sandwich

I know, next comment will be "You didn't do it right ", YA, I've heard them all ¯\_(º¸º)_/¯

 

​

NO, no I haven't.

And the clarification was not needed as none was offered, that's the point Again, if you have any else you would like to add, more on, the subject other than, ​

Please feel free to ask

 

You’ve confused yourself. I don’t need clarification or to ask you anything. I simply pointed out you complimented a demonstrably false statement.