U.S. Economy Flashes Signs It’s Downhill From Here

Do I need to explain to you the cause of debt?

It’s deficit.
That Obama was lowering.
Which Trump reversed.
It is now increasing.

I tried to use short sentences and small words so maybe you can comprehend.

 

Since we are talking about the stock market, you can choose solid gains, or losses. I choose gains, and the person in the WH does not influence that decision. You choose to pretend everything is"best ever" even though the market is in the red.

 

The OP refers to the WSJ (a conservative leaning source), and you are free to disagree with their views.

 

LOL

Are you winded from the sprint from facts you just did?

 

Obama's whole economy was based on 0% interest. In eight years he didn't dare have a hike or the whole thing would have collapsed like a cheap card table.

As for the market, nothing goes up forever. There will be corrections. If you do not understand that you have no business investing. However, earnings are good, consumer confidence is high, unemployment is way down, worker participation rate is at an all time high, all good indicators. This economy is not based on free money like Obama's it is based on real growth.

 

Then explain to the class what causes debt increases.
Follow up with what trump is doing to tackle these increases.

 

The DOW was at 19,732 on 1/20/17. It closed today at 25,115.

 

Too bad there aren't any students capable of learning.

 

Cute. That’s all any of you trumpets have.
Lies and deflection

Carry on

 

It was 26 600 in January, so we are in the red for the year. We need permanent solutions, not temporary stimulus, especially when a stimulus is not needed.

 

Don't people want affordable housing? It could be an opportunity. Too many missed out on the last housing slump.

 

Everything is temporary and there are no permanent solutions. To fantasize otherwise is folly.

 

I saw a prediction of the US economy crash from June not long ago.
We are still going strong!

 

No one wants to see the value of their house sink to below what they owe.

 

Presidents don't have much say in the Fed rate changes. Just look at Trump complain about the Fed decisions. He is powerless to do anything about it, although he nominated the "best ever" Fed Chief.

 

Yeah right.

That's all you Progs have, accusations and attacks.

Carry on.

 

So what?

The stock market is not a direct reflection of the economy.

The permanent solutions are being put in place.

Apparently you don't like those permanent solutions.

Should we return to a globalist approach where our trade partners are screwing us?

Should we return to an atmosphere where regulatory agencies are crushing business and business creation?

 

I don't think massive deficit spending is a good permanent "solution", and not are large import taxes. Both are poor economic policies.

 

You didn't address my questions.

What do you think is a better economic approach?

 

I believe in more conservative economic policies: Balanced budget and free trade.

Pretty much the opposite of what we have today.

 

Lofty goals.

How does the country get there?

Without spending reform covering both discretionary and non-discretionary spending, a balanced budget will never occur. Do you support drastic reform in both areas? How can we get majority support for such reform in both houses, and between the political parties?

In terms of free trade, how can the US control the actions of trading partners who don't believe in free trade?

 

It is not complicated. You simply do not plan a budget where you have to borrow money to fund the spending, and you do not reduce revenue to a point where you have to borrow to make up for the difference. GOP and Trump are engaging in reckless economic policies. Did you hear Rand Paul rip them about it? He has given two lengthy speeches calling his own party hypocrites of the highest order. We need people like Paul, and the last thing we need is someone like Trump who starts trade wars and spends us to oblivion.

About free trade, it seems you have bought into Trumps BS. Europe has not been stealing from us. The tariffs they charge us, and the tariffs we charge them have been the same. As a matter of fact, we have been charging them slightly more than they charge us. Also, we had already negotiated a zero-tariff deal with them, which Trump threw into the wind. Stupid politics. Americans purchasing more from EU, than Europeans purchasing from us is not stealing. It is stupid to call it stealing or unfair.

 

OP sadly doesn't understand what the economy is.

The stock market is not, the economy

 

Did someone say it was? You (sadly) do not understand what has been said, and what hasn't.

 

golds up big today about 20 bucksbtw
https://www.cnbc.com/2018/11/01/gol...-its-highest-level-in-almost-three-years.html