Trump’s BigLeague Economy

by Bob Bryan | MarketsInsider, BusinessInsider  |  published on February 17, 2017

Trump EconomyThe Trump bump may be finally showing up in the hard data.

Recent data releases about the US economy appear to show that economic activity in the US has increased, following surges in post-election enthusiasm in surveys.

Since President Donald Trump was elected in November, various measures of economic confidence — from University of Michigan’s consumer confidence to CEO confidence to manufacturing firm confidence — have increased, some hitting record highs.

While surveys are important and can be a leading indicator of economic activity, “hard data” — or economic data that measures actual actions by businesses and consumers — were until recently lagging behind the “soft data.”

In the past few weeks, however, the hard data has begun to catch up to the enthusiasm from Americans that surged after the election.

  • Rob1911a1

    ARJAY – You are correct; he has to correct 8 plus years of Democratic destruction of our economy on every front. The highest capital gains tax on businesses in the WORLD. The over-regulation of any and everything, most of which is unconstitutional.

  • ARJAY

    There’s ALWAYS a bit of a lag. Duh!

    Like the sinking of the Titanic, it took a while for the water entering the huge gash in the hull to finally sink that ship.

    It’s going to take some time for the POSITIVE effects of Trump’s policies to finally right this big old sinking ship (thanks oblamo and your libTURD/democRATS)!

    • gvette

      LOL..it took 8 years for Barry to fuck it it up, but yet they bitch because it didn’t bounce back in a few day!

      • Retired

        Actually people were losing their good paying jobs under Clinton already.

        • gvette

          That was NAFTA. Yes, you’r right!

          • Retired

            Even before he agreed to nafta . Clinton sold out the working people .

          • gvette

            True, but NAFAT was like a final nail!

      • Lindapmueller

        Google is paying 97$ per hour! Work for few hours & have longer with friends and family! !dh40c:
        On tuesday I got a great new Land Rover Range Rover from having earned $8752 this last four weeks.. Its the most-financialy rewarding I’ve had.. It sounds unbelievable but you wont forgive yourself if you don’t check it
        !dh40c:
        ➽➽
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      • I Seigel

        Who is “they”? It’s Trump that’s bitching he’s not getting credit, but he’s only been in office for 3 weeks, and there’s no data yet to show what effect he’s having on the economy. And he certainly can’t take credit for stuff that happened during the Obama administration. Remember when he said he wasn’t responsible for the divide and hatred in the country before he took office? Well, he can’t take the credit (or the blame) for the economy, either.

        • gvette

          They would be the DemonRATS! You’re preaching to the choir,Seigel.

          • I Seigel

            I haven’t heard them bitching that the economy hasn’t bounced back. Or jobs or anything else. In fact, things have been on the rise for many months. Just what are you referring to? And what was Trump referring to, do you think, when he said he inherited “a mess”? Seems like things are a lot messier now than a month ago.

          • gvette

            Here’s what your nigger left behind. I know you Obary supports don’t read well, but try.

            Former President Obama is not only leaving the U.S. government with a health care mess, but he leaves the country in deeper debt that when he took office eight years ago. According to data release by the U.S. Treasury, the outstanding national debt is now totaled at $19,944 trillion, which is an increase of $9.318 trillion.

            “According to the Bureau of Labor Statistics, there were 124,248,000 people in the United States with full-time jobs in December. The total federal debt of $19,961,467,137,973 equals approximately $160,658 for each one of those workers. The $9,334,590,089,060.56 that the debt has increased under Obama equals $75,128.69 for each one of those works,” writes CNS News.

            To put this in a simpler perspective, the debt increased by 86%.

            So how did this happen?

            Medicare/Medicaid was the most expensive culprit and added $1.1 trillion to the national debt, then Social Security cost $900 billion. While, only $595 billion was spent on defense and war.

            Not to mention, the increase in regulations were extremely expensive and only halted economic growth.

            “The Obama administration put out 3,069 regulations, adding nearly $900 billion in costs to the economy. Obama’s main focuses were fighting global warming and immigration. Obama’s rules added nearly 572,000 pages to the Federal Register, including a whopping 97,110 pages in 2016 alone — an all-time record,” writes The Daily Caller.

            Obama’s predecessor, former President George W. Bush left office with an additional $4.9 trillion after his eight years, from the $5.7 trillion he inherited from Bill Clinton. This is half of the debt acquired at the end of Obama’s term.

            Many of those in favor of economic growth voted for President Trump. In David Horowitz’ recent book, “The Big Agenda: President Trump’s Plan to Save America,” he discusses the new president’s 100-day strategy which will boost the U.S. economy.

            “If you just say, ‘well we’re for free trade and we’re not going to look at the deals that we make’ — that’s not a good idea,” said Horowitz. “We’ve had an anti-business president now for eight years who doesn’t take a hard-nosed attitude towards these deals. Trump is going to get better deals for us, which is still free trade.”

            Change was definitely needed because if we were to have continued on the path Obama was on, the debt would have only increased.

            “Absent policy changes, the federal government’s fiscal path is unsustainable and that the debt-to-GDP ratio would surpass its historical high of 106 percent within 15 to 25 years,” according to the Government Accountability Office.

          • I Seigel

            And how has the increased debt affected you personally?

          • gvette

            In the amount of taxes I’ll have to pay, as well as other, to pay it.I’m guess you’re a welfare rat, so you wouldn’t know. Not that it’l mean anything to you, but that also affects the federal unfunded debt amount. That stands in the neighborhood of 127 trillion dollars right now! You can actually look that up, if you know how.

          • I Seigel

            Yeah, I don’t pay any taxes and I don’t read too good neither. But let me ask you – maybe it’s too early in the tax season to tell yet, but how much more taxes are you paying this year compared to last year? Did your real estate taxes go up, or your federal taxes?

            Keep your answer simple, ’cause like I said, I don’t read too good.

          • gvette

            I’ll keep it real simple. I’ll ask a question. Are you really as stupid as you sound?

          • I Seigel

            Yes.
            Now please answer MY question.

          • gvette

            Yes my taxes have increased. Then again, I’m a small business owner. Then when you figure in the niggers regulations that he put on small business.

          • I Seigel

            I’m sure your taxes will be quite a bit lower next year. I’ll make a note to ask you about it.

          • gvette

            LOL..you’re still defending your nigger. Lets look. He got our credit rating dropped twice. Lowest worker participation rate since 1976. If you want a real laugh, look at the GDP growth under Barry. Every one of his polices have failed. There isn’t one thing that you can go put your hand on, that he created!
            Now lets look at his war record>”We have a solemn obligation,” Obama said, “not to fudge the numbers or shade the truth about why they’re going, to care for their families while they’re gone, to tend to the soldiers upon their return, and to never ever go to war without enough troops to win the war and secure the peace.”

            In that spirit, here are some of those numbers.

            —2,499 U.S. soldiers have been killed in Afghanistan and Iraq so far under President Obama, according to the independent Iraq Coalition Casualty Count.

            —Of those, 1,906 have been killed in and around Afghanistan, and 593 in Iraq.

            —Under Obama, the United States has been at war for 2,687 days. That’s longer than under George W. Bush — or any other U.S. president, for that matter.

            —Obama has conducted airstrikes on seven countries: Afghanistan, Iraq, Pakistan, Somalia, Yemen, Libya and Syria. (That’s three more countries than George W. Bush bombed.)

            —U.S. combat forces are deployed on the ground in three countries: Iraq, Afghanistan and Syria. That’s one more war than Obama inherited, and which his successor will likely have to contend with.

          • I Seigel

            He got our credit rating dropped twice?!?!?! LOL!! Are you doing crystal meth or just hooked on good ol’ opiods??

          • gvette
          • I Seigel

            READ?!?!?!? ME? You’re just looking at the pictures aren’t you?? Not really reading your own news, are you??

            Here’s a direct quote from your news site – which I certainly did read!

            “The agency pointed to political reluctance to make cuts to entitlement programs such as Medicare and Social Security, and Republicans’ refusal even to consider increasing revenues by, for instance, ending the Bush tax cuts.
            “Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place,” the company said. “We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the [debt ceiling deal].”

            Don’t forget – it was Cruz and the Tea Party that shut down the government, and that’s what the credit bureaus were reacting to.

            Now stop being a buffoon and get serious. You’re laughable.

          • I Seigel

            Funny thing about statistics and other facts. They can be checked and verified.
            Take, for instance, your statistics that you claim to have gotten from the independent Iraq Coalition Casualty Count. I checked their website – http://icasualties.org/ – which you should, too.

            What you will find is that, while the number of US soldiers who have died is tragic, you have exaggerated the numbers greatly.
            US soldiers in Iraq – 290 during the Obama years (missing data from 2013, but it doesn’t look to be 300)
            US soldiers in Afghanistan – 1762 during the Obama years
            Total of US soldiers killed in both arenas between 2009 thru 2016 – 2052

            So all your other statistics and “facts” are equally suspect.

          • gvette

            You know what’s funny about all the back, and fourth is, you haven’t named one thing the nigger did that has improved life for Americans!
            Oh, I forgot about this little beauty!
            Signed the NDAA into law – making it legal to assassinate Americans w/o charge or trial.

          • I Seigel

            And here I thought you’d admire a leader who bypassed Congress and signed Executive Orders and TOOK CHARGE. Like the Trumpster. And the ones that were assassinated were known terrorists. I didn’t take you for an ISIS sympathizer. You learn something new every day, I guess….

            I know we’re supposed to be in awe of his accomplishments so far. Except for signing some pieces of paper, what exactly are those accomplishments? I don’t see anything coming out of Congress yet. His cabinet is only half built, and his “administration” isn’t staffed and in disarray. And record low approval ratings. Some “accomplishments”. But let’s give him time…

          • gvette

            Once again, your ability to read amazes me. All his EO’s have been on current laws. You might want to think about that. As far as his cabinet, you’re demonrats are causing that problem. Before you try to come back with more of your stupidity, when your nigger was in, they approved his with virtually no problem. Oh, and until you can give me one accomplishment of your niggers, that has improved life for Americans, this conversation is over.

          • I Seigel

            The stock market was WAY up during Obama’s time, which benefitted me personally, and many others.
            We still have an auto industry, thanks to the auto bailout, which benefitted entire states like Michigan and hundreds of thousands of workers, either directly or indirectly.
            We have over 20 million people who couldn’t have afforded health care insurance before the ACA. 20 MILLION people have benefitted.

            There.
            This conversation is NOW over.

          • gvette

            You’re correct, it is. read QE-3. The fed put 30 billion a month into the stock market to prop it up, and buy our own debt. ACA is imploding as we knew it would, and there are still millions of people without affordable insurance. As for the GM bail out, another joke. There’s a river in Egypt that fits the world you live in. Good bye!!

          • I Seigel

            Exactly. Bye!

          • dmttbt

            The democrats have passed a increase in the taxes before Trump got elected it just hasn’t gone into effect yet.

          • I Seigel

            How were the democrats able to pass a tax increase? When did this happen?

          • dmttbt

            I hate to jump in but are you one of those people who like to say that it doesn’t effect me so I don’t care? Obama and the other crime family members in the united states political scene said there has been no inflation. I think you will see that is BS and that is a result of the govt. spending more than it has and lowering the value of the dollar. f those idiots are an example of someone with foreign experience then we should pay them but let them stay at home and do nothing because we would come out better. When they scream about the danger of the fovernment shutting down, I always think that could be an improvement.

          • I Seigel

            You’re welcome to interrupt.
            No, I’m not one of those people that doesn’t care if I’m not personally affected.

            I’m one of those people who is tired of hearing how terrible things are from people who’s lives aren’t terrible and who, possibly, are doing better than they would have been previously. The media is full of stories of horrible things happening – like all the ISIS killings – but how many people do YOU PERSONALLY know who have been affected by ISIS or the big deficit? How many have been affected by climate change? Or by reductions in people’s health insurance or benefits?

          • dmttbt

            It seems you are listening to some of the false media. Obama took office and the deficit was 9.6 trillion dollars and he said that was unacceptable, then when he left office it was 23 trillion. If that is what you call economic progress I can see where you may be confused.

          • I Seigel

            And if you only evaluate economic progress by the amount of the deficit, then YOU may be confused.

        • Rob Manwiller

          You’re a light-weight political gerbil and shill for Obambi.

          • I Seigel

            yeah whatever

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