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This Is Not Trumps Economy!
Last comment by Sheran 3 weeks, 6 days ago.

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How much credit should President Trump get for a U.S. economy that's generating lots of jobs and for a stock market that keeps setting record highs?

Very little.

Trump, of course, thinks MAGAnomics is doing the trick, as do his most ardent supporters. After the July jobs numbers came out last week, Fox News and other members of Team Trump were touting the more than 1 million private-sector jobs created since Inauguration Day. Over on Trump TV, former CNN pundit Kayleigh McEnany was even crediting the president with personally creating them. That Obama created the same number of jobs during his final six months was considered less newsworthy, apparently.

Presidents are always given too much credit or blame for economic performance on their watch. So many factors are outside their control. But beyond that, the idea that this is already "Trump's economy" is ridiculous. None of Trump's big agenda items — at least the ones corporate America and Wall Street really care about — have become law. No ObamaCare repeal. No massive tax cuts. No trillion-dollar infrastructure.

http://theweek.com/articles/717156/not-trumps-economy


Latest Activity: Dec 20, 2017 at 9:26 AM


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wood17 commented on Wednesday, Dec 20, 2017 at 13:32 PM

PN you have a point about blame. Obama blamed George Bush for his awful economic numbers for nearly 8 years. He got almost all of his signature legislation through and spent more than all of the other previous presidents combined and still had a dismal economy for 8 years.

Funkentelecky commented on Wednesday, Dec 20, 2017 at 14:16 PM

Yes do some real research and acknowledge Obama led the worst recovery of a recession since the Great Depression and ever achieved 3.% GDP growth for a single quarter. History shows us the worst the recession , the greater the recovery which didn’t happen. When he took office on January 20, 2009 the Labor Force Participation rate was at 65.6% and when he left office it was around 62.6%. We need people working to pay unti Social Security and Medicare but even more must be done. Where I the heck does the money for Medicaid come from?

PoliticsNation commented on Wednesday, Dec 20, 2017 at 14:48 PM

WH takes credit for market rally; Steve Rattner crunched the... http://www.msnbc.com/morning-joe/watc... via @msnbc

PoliticsNation commented on Wednesday, Dec 20, 2017 at 14:53 PM

DONT BELIEVE THE GOP LIES! VIDEO BELOW!

http://www.msnbc.com/morning-joe/watc...

Funkentelecky commented on Wednesday, Dec 20, 2017 at 15:04 PM

The Fake news you watch is all partisan Democrat there’s no balance at all it’s no wonder liberals are indoctrinated. Fox News is conservative but All the journalist shows put out all facts bad or good Republican or Democrat.

PoliticsNation commented on Wednesday, Dec 20, 2017 at 15:58 PM

Numbers don't lie but Fox news does. Fox news was created to produce fake news. According to you, Fox News is the only reliable news source. I wouldn't expect anything more or less from you.

Behind Fox News' Baseless Seth Rich Story: The Untold Tale https://n.pr/2uUawhq

PoliticsNation commented on Wednesday, Dec 20, 2017 at 16:11 PM

Dow in the first 11 months:
- Obama: 29.9%
- Trump: 25.0%

S&P in the first 11 months:
- Obama: 36.9%
- Trump: 18.4%

wood17 commented on Wednesday, Dec 20, 2017 at 16:22 PM

So you are saying Obama inherited a booming stock market from George Bush?

Funkentelecky commented on Wednesday, Dec 20, 2017 at 17:13 PM

@PN you’re wrong again. I’m saying Fox News journalist like Martha Macallum, Howard Kurtz and Brett Baire report all the news the whole story and you’re the one who only research liberal sources I keep abreast with several that’s why I’m not indoctrinated like you. I don’t care what party you’re affiliated with like you. I care about following the rule of law and the constitution; however I don’t know any Democrats today that does it’s all about making up there own rules and
emotions laced with lies for example the Republicans trying to take away social security and Medicare and you actually believe that BS. Now that’s indictrinated.

Like Wood said let’s go by your made up rules and you admit Obama inherited a booming stock market from GWB!

Sheran commented on Wednesday, Dec 20, 2017 at 17:20 PM

Obama we cant bring those jobs back WRONG SUCKA! #MAGA

https://www.youtube.com/watch?v=OebJ6...

Enough said.

Funkentelecky commented on Wednesday, Dec 20, 2017 at 17:35 PM

@PN what about that? Obama didn’t know how to lead the American economy then and he still don’t know know. Trump was a Democrat and Businessman then and that experience gives him the advantage to lead America now. Actions Speak Louder Than Words. Y’all concentrate on Trumps words while his actions are MAGA.

PoliticsNation commented on Wednesday, Dec 20, 2017 at 17:38 PM

@funk I'm not wrong. You are and you're trying to hard to prove me wrong.Calm down you are coming off desperate and combative. Breathe in and relax. Happy Holidays!

Funkentelecky commented on Wednesday, Dec 20, 2017 at 18:30 PM

Ok thanks for the good advice combative isn't good. Merry Christmas and Happy New Year!

wayne44 commented on Thursday, Dec 21, 2017 at 08:54 AM

According to some sources the tax reform bill will be a disaster, and then others say it will be great for the country. Until it takes effect, there is no way to predict how it will affect the economy, the middle class, job creation, or anything else. Until then, its just nothing more than predictions.

gacpl commented on Thursday, Dec 21, 2017 at 20:40 PM

i remember obama saying 3% gdp wouldn't ever happen again.

MAGA. over 3.2%.

Sheran commented on Thursday, Dec 21, 2017 at 21:01 PM

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