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.
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.
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.
Obama averaged under 1% for 8 years
You want to crown his ass then crown it but he was who we said he was
Trump is at 2% and no reason for it not to keep climbing as the deregulation and tax cuts continue their work
Obama didn't do shit and sucked. Get over it
Good economic policy has nothing to do with race unless you're a racist like @HHusky
Obama took office in 2009. The lowest US growth rate thereafter was 1.6% in 2011, which is very close to forecasts of US growth in 2020. And I’ve always given you credit Race: your irrational hatred of Obama is not because he’s black. Can’t say the same about everyone here.
Obama was milquetoast when it came to private sector and heavy handed on regulation. His policies absolutely dragged the economy. He believed in tax and spend as dems do. Big G at the cost of C & I since you believe in economics supposedly. I'll give him that he didn't completely wreck things like Warren or Sanders would but his entire premise (which you share) is managed decline with the government doing the managing.
When president's parties control Congress and pass major legislation there absolutely are economic ramifications, see tax cuts vs. Obamacare. Sure, there's all kinds of mitigating factors but you like to cherry pick what you do and don't contextualize.
You don’t have to have a decline. Working people still want in and you can incentivize people to have more kids.
Don't tell me tell the dems. Also, maybe just have government get the fuck out of the way.
You’re an open borders advocate? How did the government stop millennials from reproducing?
Massive government overregulation of childcare has made it ultra expensive to have children. Childcare costs more than a mortgage even in ultra expensive locations and doesn't get much cheaper in the boonies. Axe @YellowSnow or @dnc or anyone with young kids. It's a universal problem for my generation.
Wifey's a mostly stay at home madre (she still works 8 hours a week at her old job) so we're not super familiar with the high costs of childcare. It definitely amazes me how much people spend on it though.
And if childcare wasn't so expensive your wife or others in a similar situation might opt to use more of it. That might allow them to make more money. Which obviously impacts working and middle class families the most.
It's pretty crazy out here in California. I ran the ROI and you basically have to make more than $60k+ per parent a year to justify even going to work at all. Nevermind any kind of stress or marginal utility etc. That doesn't sound like a lot but when you consider where median wages are it is. If it wasn't for all of the existing subsidies to lower income households for childcare you'd hear the Left banging the drum on this too. Per usual though their solution would be more government handouts for votes. Never a market based approach to drive down costs to the consumer(bc classic economics right?)
Hilariously, even @BearsWiin is a stay at home dad while arguing that childcare isn't over regulated. Nevermind that he and H have at best a passing familiarity with the industry, the regulations, or what a middle income family deals with, they know the answer already based on their ideology. Childcare providers are just out to squeeze a buck and have no inherent interest in the welfare of children under their care.
I don't have the "inventory" (shout out to @creepycoug since I am using this term moar) to make an informed comment on how regs affect child care costs. I think it's common sense though that an infant room shouldn't have more that 4:1 and 3:1 is preferred.
Up in our neck of the woods, they have to pay about $17 or $18 to start with full medical just to find decent help. The lead teacher in each class is probably making in the low $20s per hour.
Even more common sense that it should be a parent with the kids all day. The consumer of daycare should be able to decide what is best for their family and their particular circumstance. But of course the arrogant elitists know what's best for everyone and their situation.
That ship has sailed sadly for most of us. In my peer group there's hardly any single income, stay at home parent households.
Is it sad? There aren’t really a lot of kids playing in the neighborhood anymore. The kids and their friends are in school, preschool or daycare.
I think it would be a lot easier to run a family unit with 1 parent not working.
I loved a lot of things about having small kids, but who would want to be that 1 parent not working?
My wife.
My hat is off to anyone who could spend years at home with small kids and no job outside the home without taking up day drinking.
I'll be sure to let her know.
I'm pretty sure day drinking is part of the staying at home with kids
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
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.
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.
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.
Obama averaged under 1% for 8 years
You want to crown his ass then crown it but he was who we said he was
Trump is at 2% and no reason for it not to keep climbing as the deregulation and tax cuts continue their work
Obama didn't do shit and sucked. Get over it
Good economic policy has nothing to do with race unless you're a racist like @HHusky
Obama took office in 2009. The lowest US growth rate thereafter was 1.6% in 2011, which is very close to forecasts of US growth in 2020. And I’ve always given you credit Race: your irrational hatred of Obama is not because he’s black. Can’t say the same about everyone here.
Obama was milquetoast when it came to private sector and heavy handed on regulation. His policies absolutely dragged the economy. He believed in tax and spend as dems do. Big G at the cost of C & I since you believe in economics supposedly. I'll give him that he didn't completely wreck things like Warren or Sanders would but his entire premise (which you share) is managed decline with the government doing the managing.
When president's parties control Congress and pass major legislation there absolutely are economic ramifications, see tax cuts vs. Obamacare. Sure, there's all kinds of mitigating factors but you like to cherry pick what you do and don't contextualize.
You don’t have to have a decline. Working people still want in and you can incentivize people to have more kids.
Don't tell me tell the dems. Also, maybe just have government get the fuck out of the way.
You’re an open borders advocate? How did the government stop millennials from reproducing?
Massive government overregulation of childcare has made it ultra expensive to have children. Childcare costs more than a mortgage even in ultra expensive locations and doesn't get much cheaper in the boonies. Axe @YellowSnow or @dnc or anyone with young kids. It's a universal problem for my generation.
Wifey's a mostly stay at home madre (she still works 8 hours a week at her old job) so we're not super familiar with the high costs of childcare. It definitely amazes me how much people spend on it though.
And if childcare wasn't so expensive your wife or others in a similar situation might opt to use more of it. That might allow them to make more money. Which obviously impacts working and middle class families the most.
It's pretty crazy out here in California. I ran the ROI and you basically have to make more than $60k+ per parent a year to justify even going to work at all. Nevermind any kind of stress or marginal utility etc. That doesn't sound like a lot but when you consider where median wages are it is. If it wasn't for all of the existing subsidies to lower income households for childcare you'd hear the Left banging the drum on this too. Per usual though their solution would be more government handouts for votes. Never a market based approach to drive down costs to the consumer(bc classic economics right?)
Hilariously, even @BearsWiin is a stay at home dad while arguing that childcare isn't over regulated. Nevermind that he and H have at best a passing familiarity with the industry, the regulations, or what a middle income family deals with, they know the answer already based on their ideology. Childcare providers are just out to squeeze a buck and have no inherent interest in the welfare of children under their care.
I don't have the "inventory" (shout out to @creepycoug since I am using this term moar) to make an informed comment on how regs affect child care costs. I think it's common sense though that an infant room shouldn't have more that 4:1 and 3:1 is preferred.
Up in our neck of the woods, they have to pay about $17 or $18 to start with full medical just to find decent help. The lead teacher in each class is probably making in the low $20s per hour.
Even more common sense that it should be a parent with the kids all day. The consumer of daycare should be able to decide what is best for their family and their particular circumstance. But of course the arrogant elitists know what's best for everyone and their situation.
That ship has sailed sadly for most of us. In my peer group there's hardly any single income, stay at home parent households.
Is it sad? There aren’t really a lot of kids playing in the neighborhood anymore. The kids and their friends are in school, preschool or daycare.
I think it would be a lot easier to run a family unit with 1 parent not working.
I loved a lot of things about having small kids, but who would want to be that 1 parent not working?
My wife.
My hat is off to anyone who could spend years at home with small kids and no job outside the home without taking up day drinking.
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
But there are way too many super fat bitches bossing around skinny little metro-sexual dudes - who should just turn gay - in Seattle. I can't believe the number of 140 lb. guys I see sitting in bars next to a 250 whale bitch, who dominates them in every way.
My wife has worked periodically over the years since the kids left. Never see a dime of it but it does slow down the giant sucking sound from my wallet when she is working
Her money
Mine is our money
This.
My wife gave up her career, so called, at the end of my second year in law school and stayed home for 20+ years. She's working now to (1) get her out of the house and give her a sense of purpose now that her daughters are building their own lives, and (2) stem that incredible suction from our bank account. It's less about whatever $$ she earns (I have no idea or care) and more about her having less down time to go buy shit we don't need. Fuck that woman can spend $$.
Dude - you never watched Scarface?!?!
White women can spot an easy Cuban sugar daddy from a mile away.
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
My wife has worked periodically over the years since the kids left. Never see a dime of it but it does slow down the giant sucking sound from my wallet when she is working
Her money
Mine is our money
This.
My wife gave up her career, so called, at the end of my second year in law school and stayed home for 20+ years. She's working now to (1) get her out of the house and give her a sense of purpose now that her daughters are building their own lives, and (2) stem that incredible suction from our bank account. It's less about whatever $$ she earns (I have no idea or care) and more about her having less down time to go buy shit we don't need. Fuck that woman can spend $$.
Dude - you never watched Scarface?!?!
White women can spot an easy Cuban sugar daddy from a mile away.
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
My wife has worked periodically over the years since the kids left. Never see a dime of it but it does slow down the giant sucking sound from my wallet when she is working
Her money
Mine is our money
This.
My wife gave up her career, so called, at the end of my second year in law school and stayed home for 20+ years. She's working now to (1) get her out of the house and give her a sense of purpose now that her daughters are building their own lives, and (2) stem that incredible suction from our bank account. It's less about whatever $$ she earns (I have no idea or care) and more about her having less down time to go buy shit we don't need. Fuck that woman can spend $$.
Dude - you never watched Scarface?!?!
White women can spot an easy Cuban sugar daddy from a mile away.
Dude.
I AM Scarface.
Castro didn’t send us his best. Roll my cigar CUOG.
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
But there are way too many super fat bitches bossing around skinny little metro-sexual dudes - who should just turn gay - in Seattle. I can't believe the number of 140 lb. guys I see sitting in bars next to a 250 whale bitch, who dominates them in every way.
I do see a lot of Seattle tech bros underperforming BIGLY. You’d think with a little scratch they could do better, but nope.
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
But there are way too many super fat bitches bossing around skinny little metro-sexual dudes - who should just turn gay - in Seattle. I can't believe the number of 140 lb. guys I see sitting in bars next to a 250 whale bitch, who dominates them in every way.
I do see a lot of Seattle tech bros underperforming BIGLY. You’d think with a little scratch they could do better, but nope.
The only thing I like about living in a cool place is hot girls. Why the fuck someone would want to live in an expensive place with no hot girls beats the hell out of me.
Although I say that as I'm casually talking with some companies in the bay area right now lol
There are hot girls in Seattle. What do you think we do up here? Just go whaling?
But there are way too many super fat bitches bossing around skinny little metro-sexual dudes - who should just turn gay - in Seattle. I can't believe the number of 140 lb. guys I see sitting in bars next to a 250 whale bitch, who dominates them in every way.
I do see a lot of Seattle tech bros underperforming BIGLY. You’d think with a little scratch they could do better, but nope.
That's because those nerds like video games and shit and they want a woman who's in to the same kind of stuff. Gamer chicks are fat and ugly. And Seattle has very few hot chicks.
Comments
Might explain the recent warpath
I AM Scarface.