Posted on Jan 6, 2018
Analysis | Trump’s first-year jobs numbers were very, very good
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Posted 7 y ago
Responses: 6
Good post, Chief. Folks may or may not approve of POTUS, but Wall Street sure does. Hard to argue with the numbers there and for unemployment. The rest is up for debate I guess.
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TSgt David L.
Sgt Randy Wilber - Congress didn't seem to be willing to make the tax cut permanent, so I guess we'll have to wait and see how it pans out the next go-round.
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Sgt Randy Wilber
TSgt David LaPointe the DOW says he's doing good if he can keep the Congress favorable I think he can do a lot for us.
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TSgt David L.
Sgt Randy Wilber - I hope so. I would like to see the tax cuts become permanent. The economy seems to be on track if it continues as it has. The rest is politics.
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It's good that the yearly job growth numbers were positive.......but they were down from the previous two years under Obama. To compare Trump's first year against Obama's first year is really not a valid comparison. Obama took office at a time when our country was on the brink of total economic collapse, and by contrast, Trump took office during a time of positive job growth, declining unemployment, and a rising stock market. The unemployment and stock market trends have continued under Trump......but job growth is down. If his tax plan does what he says it will, he might be able to turn that around.......but that is a big "if" at this point. For those that never gave Obama credit for the economic trends on his watch, it's disingenuous to now give Trump credit for the current economic trends. The economy is on a positive trajectory........but that was true when Trump took the reins. Let's have this discussion in another year or two, when we can see what effect his policies are actually having on the economy. This is one area where I hope he really can succeed, and do the things he promised he could do. But it's still early to be doing a victory dance.
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