The Dow's 31% gain during Trump's first year is the best since FDR

I think you should research. I don’t believe 401k participation’s is even at 50%.

But even then the 401k’s up is still good.

 

Thanks for making my point. 2018 ??

 

"Swiss bank UBS said Monday that President Donald Trump deserves praise for his pro-growth policies
"Those efforts in making the U.S. a more business-friendly economy, which include the recently passed tax reform, are often under-appreciated, said Mike Ryan, UBS Wealth Management's chief investment officer for Americas. But the president has "changed the perception of what's possible in Washington," he said at the bank's client gathering in Singapore.

"I think prior to his election, the prospects of tax reform, of regulatory relief, or any sort of sensible approach to infrastructure were off the table," said Ryan, who added that Trump defied those expectations by getting the new tax bill passed.


The president deserves "high marks" for his economic achievements so far, Ryan added.

Before the bill was passed in December 2017, the U.S. tax code was "very inefficient," he said. Heavy regulation in the U.S. that businesses faced was also not an environment that gives confidence to investors, he added.

The reform, which drastically cuts corporate tax rate to 21 percent from 35 percent, was therefore a positive development even as the new tax code is "not everything that we hoped for," Ryan said".

https://www.cnbc.com/2018/01/15/ubs...h-marks-for-pro-growth-policy-tax-reform.html

 

And that’s why the social safety net exists.

 

Yeah around 50%. Other people save and or invest money in other ways.

 

RW propaganda.

Not at all. Stealing is the unlawful and taking of the property of another by force and without consent.

Taxes are lawful and taken by consent.

Taxes are no more stealing then having to pay dues to be a member of a club.

 

This is hilarious! "Taxes are taken with consent"....try not paying them and see what happens....

 

Currently 6% drop from its high.

Still 31% higher than Obama's high even after the 6% drop.

 

Dude, just stop. Everyone knows the left's game. Blame Bush for the bad economy created under a liberal Congress in 2007 and 2008, and credit obama for the booming economy under Trump.

Trump literally pulls obama's boot off of our necks, and the left wants to punch him for it before they can even bother to knock the dirt and leaves out of their hair and off their clothes.

 

Well sure, if you use the club's facilities and property you have to pay the dues.

But if you don't like the club and and don't want to pay the dues, you can quit the club and join another.

Same with taxes.

It's not "stealing" at all.

 

A government entity deciding its going to tax its people is extortion.

I didn't agree to it, so it is stealing.

Try to keep up.

 

Sorry, you don't get to use the club facilities and property without paying the dues. You decide to use the club; you have to pay its dues, whether you explicitly agree with the dues or not.

You're entitled to your own opinion.

But not to make up new meaning for words.

 

When taxes are mentioned, why do you alt-lefties always bring up roads, policemen, firemen, etc?

Why don't you bring up social programs like SS, Medicare, ObamaCare, Welfare, etc. which accounts for the vast majority of the spending?????

Us conservatives want to slash social programs and increase infrastructure and rescue services spending.

 

Powell backs more rate hikes as economy growing 'considerably stronger'
.
Fed moves to cool off Red Hot Trump Economy.

The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.

Powell painted a largely positive picture of the economy, which he said is expanding at an increasing pace and is being boosted by aggressive fiscal policy on Capitol Hill.
​

Republicans love hard working Americans and work to maximize their success.

"Overall, we see the risk of the economy unexpectedly weakening as roughly balanced with the possibility of the economy growing faster than we currently anticipate," Powell said.

"The unemployment rate is low and expected to fall further. Americans who want jobs have a good chance of finding them," he added.​

Powell spoke as the central bank is in the process of gradually raising interest rates. The policymaking Federal Open Market Committee has hiked the Fed's benchmark rate twice this year in quarter-point increments, and is expected to approve two more increases before the end of the year.

https://www.cnbc.com/2018/07/17/pow...as-economy-growing-considerably-stronger.html