Posted on Jan 23, 2020
The Trump economy, three years in: What the numbers say
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The economy has changed for the better under President Trump. But yet the Democrats don't want people to believe how good it is. The Democrats and the bias media had said back in 2016 "Wall Street is set up for a major crash if Donald Trump shocks the world on Election Day and wins the White House." according to Politico. Gee That has yet to happen. In fact just the opposite.
The Trump economy, three years in: What the numbers say
Posted from foxbusiness.comPosted in these groups: 
Economy
Donald Trump
Economy Donald Trump
Posted >1 y ago
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Well he did what everyone urged Barack Obama to do but which Obama refused. Which was to deregulate large portions of the economy (no cost solution there that always provides stmulus). Second he passed tax cuts with promises for more, which also is helping. Trade agreements are helping as well. I am just worried now about the annual budget deficit and the National Debt levels which is another area Trump promised to fix. He is giving priority to a larger Economy to make the budget deficit easier to fix but the increases in National Debt in the mean time has me really nervous. If he can figure out a way to fix the budget deficit after the tax cuts and start us back on the path of reducing the National Debt, that would be awesome. Last he needs to also fix Social Security's looming insolvency as well.........which I am not sure how he will fix that. He keeps dropping hints it is being worked on or he has a plan but nothing announced or concrete so far.
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1SG Dennis Hicks
All this while being fought tooth and nail by emotionally disturbed politicians on both sides.
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Wow unemployment went down 1.3% and wages went up 28 cents. Has anyone ever thought that perhaps cutting corporate taxes is causing the stock market to go up due to the enormous stock buybacks as opposed to the fundamentals of increased earnings?
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SPC Erich Guenther
MAJ Ken Landgren - I actually do not think the Economic Management is Trump, I think it is KUDLOW who still appears on Fox Business News semi-regularly despite being in the Trump Administration officially. He is the guy that is outlining the Trump plan to me. Trump is definitely listening to Kudlow based on the proposals I have seen so far. Kudlow is the guy behind tax cut 2.0 that Munchin is now promoting. Kudlow is a highly intelligent Economist. Not saying he is right in everything (time will tell). Probably light years smarter than Trump on economics though.......so hopefully he doesn't get fired in the middle of this somewhat risky path we are taking. :)
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MAJ Ken Landgren
SPC Erich Guenther - Nice reply. They missed the target on cutting corporate taxes. It was believed corporate taxes cuts would spur increased production capacities and capital investments. However, consumer demand and lower prices increase production, not by a centralized market decision. The stock market rally was an unintended consequences of the corporate tax cuts. 50% gain for 3.5 years is phenomenal. I noticed you are quite knowledgeable about financial matters. Is that due to your occupation?
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SPC Erich Guenther
MAJ Ken Landgren - Hobby more than occupation.....well almost, partly occupation I guess. I work in Information Technology. BBA in Finance from University of Wisconsin, Trustee over a portfolio of stocks (which some would say is large but I say is relatively small). I have been very fortunate since 2008 with investment decisions and timing of them. In years which I actively invest my emergency fund I get a pretty decent second income (pre-2017). Since Trump came to power the market has been unpredictable until late 2019 so I stayed out with my emergency fund. Might jump back in this year as it seems to gave settled down now. Had no retirement savings at age 38 and now have enough to retire at 65 and if they keep growing.......age 60.
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MAJ Ken Landgren
The only truth about the stock market is it goes up in the long run for those who can absorb the yearly risks. I have a Finance and Accounting degree. Go figure I went army aviation and armor lol
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The democrats would love for the economy to crash around summer time so they can have a slim chance to win the white house back. They really don't care about how well the economy is or how it affects the everyday citizen out their work to make a living. Hell if everyone is working who are they going to bribe with free stuff that we usually end up paying for.
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SPC Erich Guenther
They were perfectly content with 1.5 to 2% GDP growth which was destroying the very Middle Class they were running around pretending to be concerned about. That type of low growth rate over time is a huge risk for this country and social stability. Had we continued down that path another 8 years there would have been large social upheavals in our cities and the left's siren songs of Socialism would have been much more enticing to the larger population. Obama didn't seem to care on whatever the growth rate was.
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