Trump Just Got Re-Elected

2.1 million jobs were added to the U.S. economy in 2017. Trump cultists conveniently forget that 2.5 million jobs were added in 2015 and 2.2 million jobs were added in 2016. Thus far, job growth was stronger under Obama.

The GDP expanded by 2.3 percent in 2017. This wasn’t as good as several Obama years. The rate of GDP expansion was 2.5 percent in 2010, 2.4 percent in 2014, and 2.6 percent in 2015. Maybe we can talk honestly about an impressive new trend when we’re above 3 percent in something other than people’s imaginations.

In 2017, the rate at which Americans are saving fell to the lowest level since before the before the 2007-2008 recession. This is not a positive indication that consumers will continue to spend at current rates. The rising Consumer Price Index could also be a warning sign. Most people don’t need to look at the CPI to know prices are rising.

What is measurably higher is public confidence concerning the economy. Perhaps the fact that republicans have at last ceased their 8-year-long, 24/7 messaging campaign that the economy is doomed because of Obama has something to do with that. We can thank them at least for finally shutting the hell up on that point.

@Greg: Now, are you using Obama’s FINAL stats or his stats before they were revised down, as they always were once the media had covered his exciting, enormous 1 – 2% growth figures?

Obama told us to get used to his lethargic, weak economy, high unemployment, low labor participation, low paying, part time jobs because that was the new “norm”. In other words, that was the best he could do and he wasn’t interested in trying to do any better.

And Trump’s economy is not driven by printing more money and loaning it out at 0.0% interest rates. Interest rates have actually been going up, something that when rumors of rising interest rates circulated sent Obama’s economy circling the drain.

We are all better off NOT under Obama and NOT under Hillary.

@Bill… Deplorable Me, #4:

Now, are you using Obama’s FINAL stats or his stats before they were revised down, as they always were once the media had covered his exciting, enormous 1 – 2% growth figures?

You’re correct that the figures were subsequently revised after more complete data came in. In fact, a couple of Obama years that I cited were revised upward: The correct figure for 2014 was 2.6 percent, not 2.4 percent; the correct figure for 2015 was 2.9 percent, not 2.6 percent.

Obama inherited an nose-diving economy with a GDP growth rate that bottomed out at MINUS 2.8 percent The GDP had gone negative the year before he was sworn in.

Trump inherited a recovered economy and an initial year in office with a positive GDP growth rate of 2.3 percent.

It’s also interesting how all of the monthly positive job growth numbers that were deemed phony during the Obama presidency magically became real numbers the moment Trump began to claim them, when nothing whatsoever changed about the computation formula.

Trump’s “popularity”—such as it is—relies upon the gullibility of his followers.

@Greg:

Obama inherited an nose-diving economy with a GDP growth rate that bottomed out at MINUS 2.8 percent The GDP had gone negative the year before he was sworn in.

Yeah, that was the one where he promised if he got to spend $865 billion on “shovel ready jobs” unemployment would never go higher than 7.9%. It hit 10.2%. A recession brought about, by the way, due to liberal policies that ultimately cratered the housing and financial markets.

Trump inherited a lethargic, sick economy clinging to life on the virtue of free, freshly printed money and crushed under regulations. Trump has turned that around and is growing a healthy, vibrant economy based on financial principles. Trump’s popularity, growing daily, is based on him shredding the left wing media’s depiction of him. His accomplishments are nourishing that popularity.

@Randy: Yeah, the Community Reinvestment Act, something the left likes to forget ever happened as they parrot the “Bush’s recession” mantra.

@Greg: Oh, no. That was a large part of it and it was Clinton’s brainchild. Glad you are catching on.

Early Tuesday morning; teleased seven minutes ago by the Office of the Director of National Intelligence:

Background to “Assessing Russian Activities and Intentions in Recent US Elections”: The Analytic Process and Cyber Incident Attribution

Unfortunately the original classified version of this document was completed January 6, 2017, so any response to Russia’s recent and ongoing actions became the responsibility of the Trump administration. Lots of luck getting any meaningful action from the primary beneficiary of their meddling.

An hour earlier: From the GOP with love — Trump gets gift from Russia panel

“THE HOUSE INTELLIGENCE COMMITTEE HAS, AFTER A 14 MONTH LONG IN-DEPTH INVESTIGATION, FOUND NO EVIDENCE OF COLLUSION OR COORDINATION BETWEEN THE TRUMP CAMPAIGN AND RUSSIA TO INFLUENCE THE 2016 PRESIDENTIAL ELECTION,” Trump wrote in an exuberant tweet on Monday night.

In fact, republicans controlling the House Intelligence Committee released their own statement to that effect and shut down the Committee investigation over the objection of the minority members. They’ve betrayed their responsibilities to the security of the nation to protect their man in the White House.

Now it’s all up to Mueller. I don’t think they have the nerve to try to take his investigation down. At this point, they’d never get away with it. I almost hope they try.

What say you Trumpists about young Marine Captain and a Dem. winning in a PA.district DT won by 20%?
I say OH RAH—Shades of Jim Webb—Take back The House.

Rex is out–took awhile after calling DT a moron–Betsy is next–she truly is a moron.

@kitt: Thanks—

BTW—I know, you know, DT is a flam flam man with a loud mouth.
That young Dem Marine is the kind of Congressman his constituents can be proud of—-let’s hope there are more like him preparing to run and send Trumpists home.
Semper Fi