Trump doesn't care about the national debt that he said he would pay down in 8 years

Obama's economic performance was subpar, Trump's is acceptable.

Over Obama's final 6 full quarters, he only averaged 1.48% annualized GDP growth, Trump is averaging over double that.

Of course they are, now that the economy is finally expanding, the Fed is exiting a decade of extraordinary measures. They are not only raising rates, but they are also unloading their bloated balance sheet, the two together are qualitative tightening, the opposite of the qualitative easing that marked the subpar Obama years.

Well, finally Trump is fighting back against our DC elite giving away our industry to our Trade competitors. Without our Trade Deficit, we would be approaching 5% GDP growth. Trump's already doubled GDP growth, give him time to work. His goal isn't his current 3% GDP growth, he wants even better than that.

Actually its because of you never-Trumpers that Trump is fully credited for his work. The anti-Trumpers lined up to predict immediate doom as soon as Trump was elected, and instead, we finally doubled growth into expansion.

So, greatly appreciated.

 

You often make silly statement that make little sense. This is one of those times.

You seem to have an unhealthy fixation on me, and you aren't a pile of compliments, yourself.

You claimed that we were at full capacity and that inflation would surely result and I informed you that we are at less than 80% capacity and we not experiencing runaway inflation. Those are simply the facts. That you would respond with a slew of personal insults over being reminded of the simple facts that show that your claim is unfounded, doesn't demonstrate the deep maturity that you seem to wish you had.

More silliness. The facts show otherwise

Inventories are falling longterm, not rising



You have an amazing ability to state facts, quite confidently and even pompously, that are the opposite of the real world.

And yet more employers are seeking more employees than ever in US history:



You are actually a rather good reverse indicator. Figure conditions are the opposite of what you claim, and your record is pretty good!

 

LOL!!!! You have me confused with somebody else. We never had such a conversation. LOL!!!!!!! Typical.

 

Your first premise is false:

Household debt service is at 40 year lows:



And your second premise is false:

Inventories have been falling for two years:

 

Apples and oranges. I didn't say "as a percentage of personal income."
Try this: https://fred.stlouisfed.org/series/TOTALSL/

Again you compare apples and oranges. Inventories are not the same as capacity. Falling inventories have no relationship to being able to sell all you can produce or not. Econ 101.

 

It's not my fault that you don't understand your own points. You claimed that employers would not invest in additional labor and production because they cannot sell what they are already producing. Were that true, inventories would be building.

 

Productivity is in decline. That's why they are selling off inventory.

https://www.nber.org/papers/w15834.pdf

Plus, https://www.weforum.org/agenda/2015/12/whats-holding-back-global-productivity-growth/

 

Over 4% annualized growth looks pretty good to me.

 

And "Manufacturing Sector: Real Output" is still below what it was in 2007 - https://fred.stlouisfed.org/series/OUTMS

 

2007 was 11 years ago. GDP growth can be approximated by multiplying productivity growth times labor growth, which makes our current 4+% productivity growth look pretty good!