New decade: The Next Roaring Twenties?
Comments
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Tug Commies aren't going to like this.
Under the presidency of Donald Trump, America has gone from being one-fifth of the world’s economy to one-fourth — in three short years.
Economic events of today’s Trump economy will shape the perceptions of today’s newest Americans:
The economy has added 6 million jobs in the past three years.
Unemployment rate dropped to 3.6 percent, the lowest level in 50 years.
Economic growth rate is 2.1 percent. The ideal growth rate is between 2-3 percent.
Median household income has reached $65,976 – an all-time high and up more than 8 percent in 2019 dollars under the Trump presidency
Middle-class incomes, after adjusting for inflation, have surged by $5,003 since Donald Trump became president in January 2017.
The poverty rate and food stamp rolls declined 15 percent.
Stock prices rose: The S&P 500 index was up 29.8 percent.
The number of murders dropped 6.9%.
The FBI’s annual crime report, shows violent crime rate dropping 4.6 percent since President Trump took office, reversing an uptick in violent crime that occurred under the last two years of President Barack Obama. -
I'll wait for @RaceBannon 's response so he can compare and contrast with the last Roaring 20's when he was getting his flappers on.
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We're doomed...
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Age distribution of the US population makes a repeat unlikely. On the bright side, old fuckers don't commit as many murders.
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I'm told that things are disastrous and only getting worse
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Poor are getting poorer. Unemployment is low because people have 3 jobs.Pitchfork51 said:I'm told that things are disastrous and only getting worse
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exactly.MikeDamone said:
Poor are getting poorer. Unemployment is low because people have 3 jobs.Pitchfork51 said:I'm told that things are disastrous and only getting worse
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If I like my Trump economy, I can I keep it. Vote for Biden in the primaries.Pitchfork51 said:I'm told that things are disastrous and only getting worse
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Women, children and minorities are the hardest hit.Pitchfork51 said:I'm told that things are disastrous and only getting worse
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What Cons used to call shitty growth is now celebrated. Some of us pointed out that 2-3% was good back when the black fella was President. But you girls aren’t hypocrites, of course.Southerndawg said:
Tug Commies aren't going to like this.
Under the presidency of Donald Trump, America has gone from being one-fifth of the world’s economy to one-fourth — in three short years.
Economic events of today’s Trump economy will shape the perceptions of today’s newest Americans:
The economy has added 6 million jobs in the past three years.
Unemployment rate dropped to 3.6 percent, the lowest level in 50 years.
Economic growth rate is 2.1 percent. The ideal growth rate is between 2-3 percent.
Median household income has reached $65,976 – an all-time high and up more than 8 percent in 2019 dollars under the Trump presidency
Middle-class incomes, after adjusting for inflation, have surged by $5,003 since Donald Trump became president in January 2017.
The poverty rate and food stamp rolls declined 15 percent.
Stock prices rose: The S&P 500 index was up 29.8 percent.
The number of murders dropped 6.9%.
The FBI’s annual crime report, shows violent crime rate dropping 4.6 percent since President Trump took office, reversing an uptick in violent crime that occurred under the last two years of President Barack Obama.
The problem is that you can’t be anti-immigrant, have historically low birth rates and labor shortages, and also expect growth to continue in the sweet spot.
