-46 points 2 hours ag obama was 1000000x the leader that trump was or ever will be trump will go down in history as the #1 worst u's prez permalink source embed save save-RES save-RES report give gold reply hide child comments - ceremonialDickCheese -45 points 2 hours ago GDP jobs and unemployment permalink source embed save save-RES parent edit disable inbox replies delete reply hide child comments score hidden an hour ago GDP is not anything crazy special or unprecedented The jobs and unemployment trends were set under the Obama administration Difference is Trump inherited the best possible economy Obama inherited the worst permalink source embed save save-RES parent report give gold reply hide child comments -1 CeremonialDickCheese 0 poi nts 40 minutes ago httpsmoneycnncom20161011newseconomytrump-four-percent-growth-economistsindexhtml Donald Trump has a big promise for the US economy 4% growth No chance say 11 economists surveyed by CNNMoney And a paper published Tuesday by the Federal Reserve Bank of San Francisco backs them up No pigs do not fly says Robert Brusca senior economist at FAO Economics a research firm Donald Trump is dreaming So pigs are flying it would appear this is unprecedented The Republican presidential nominee made the promise in a speech in New York in September I believe it's time to establish a national goal of reaching 4% economic growth he said Since the Great Recession growth has averaged 2% Brusca and the other economists surveyed say that 4% growth is impossible or at least highly unlikely The reasons Unemployment is already really low lots of Baby Boomers are retiring and there are far fewer manufacturing jobs today than in past decades Well it appears he's done the impossible or highly unlikely And while unemployment may have seemed low the economic changes have set record lows for it particularly among minorities probably explains that 29% approval rating among african american voters Trump's team says it will get to 4% growth with tax cuts better trade deals and more manufacturing jobs He cut taxes and manufacturing is booming because of the trade deals and tariffs So what's realistic? The San Francisco Fed estimates the new normal for annual economic growth to be 15% to 175% That's far lower than the period from World War II to 2004 when growth typically hovered between 3% and 4% The new normal is 15% to 175% we're over 45% permalink source embed save save-RES parent edit disable inbox replies delete reply hide child comments ↑- score hidden 21 minutes ago* last edited 17 minutes ago You gave poor analysis of a CNN article No evidence GDP under Obama was once higher in 2014 we are not above 45% by the way we're at 42 And once again DONALD TRUMP DID NOT INHERIT A FIXER-UPPER ECONOMY Not to mention manufacturing is not booming Far from it We're a service-based economy and your boy Donny isn't going to change that permalink source embed save save-RES parent report give gold reply hide child comments - ceremonialDickCheese 1 point 2 minutes ago We're a service based economy huh? I guess that's the rational excuse after you gut manufacturing with regulations and allow China to exploit the same things you regulate against China being allowed to join the WTO and ship their substandard wares made with tiny hands in dangerous conditions is the reason we're a service based economy Now with the rise of outsourcing a lot of traditional service jobs where were we headed? Were we going to be a fast food and welfare based economy? Getting rid of some regulations and giving tax cuts across the board the US which is good f when WW2 brok les permalink source save save-RES parent edit disable inbox replies delete reply rought qu ck t actu service based econom ma umber of rea including national securityI US wa rope wo be Germa trol right now t being said there'd probably be acid attacks Meme

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found ON 2018-09-15 21:49:04 BY esmemes.com