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  #601  
Old 08-09-2018, 12:19 PM
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barbara barbara is offline
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Just another bizarre statement to add to the heap of bizarre statements Trump makes on a regular basis.
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  #602  
Old 08-09-2018, 12:35 PM
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Rajoo Rajoo is offline
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  #603  
Old 08-10-2018, 11:18 AM
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U.S. workers' paychecks are worth less than they were a year ago, the labor department reported Friday, as modest wage gains have failed to keep pace with inflation.

Inflation rose 2.9 percent from July 2017 to July 2018, the Labor Department said, while average hourly pay increased 2.7 percent over the same period.


https://www.washingtonpost.com/busin...-by-inflation/
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  #604  
Old 08-17-2018, 09:57 AM
Chicks Chicks is offline
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Trump team predicts an economic boom, defying most analysts

Kudlow vs reality. Keep up the BS, Larry. At least Whell believes you, lol.

https://finance.yahoo.com/news/trump...040600653.html
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Last edited by Chicks; 08-17-2018 at 10:01 AM.
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  #605  
Old 08-17-2018, 11:46 AM
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Oerets Oerets is offline
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Probably a spell check error on boom!

Meant to say Gloom.
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  #606  
Old 08-19-2018, 11:41 PM
Chicks Chicks is offline
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Survey of economists: Some Trump policies could slow growth

https://www.washingtonpost.com/polit...dc2_story.html

Quote:
WASHINGTON — U.S. business economists are concerned about the risks of some of President Donald Trump’s economic policies, saying they fear his tariffs and higher budget deficits could eventually slow the economy.

More than 90 percent of economists surveyed by the National Association for Business Economics in a report being released Monday said they think the Trump administration’s current and threatened tariffs will harm the economy.
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  #607  
Old 08-20-2018, 12:19 AM
Chicks Chicks is offline
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David Stockman: ‘Unhinged White House’ to cause stock market crash

https://www.cnbc.com/amp/2018/08/17/...ket-crash.html

Quote:
Just days before the anniversary of what's expected to be the longest bull market in U.S. history, David Stockman is warning investors a crash is inevitable.

Stockman, who served as the Office of Management and Budget director in the Reagan administration, puts a large part of the blame on Washington's decision to place tariffs on China and the ballooning budget deficit.

"This economy isn't strong, and it can't take the punishment that's coming out of an unhinged White House and a Washington policy environment where they all have their heads in the sand," Stockman said Thursday on CNBC's "Futures Now."


According to Stockman, the China trade war is the primary catalyst that could finally pushes stocks over the edge.

"We're not going to have a happy solution to this. We're in a trade war big time. It's going to keep getting worse because Donald Trump is unhinged. He is an economic ignoramus on trade," Stockman added.
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  #608  
Old 08-24-2018, 01:16 AM
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BlueStreak BlueStreak is offline
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"So long as your wages keep pace with inflation, who cares?"

"The people who pay the wages and, subsequently, the higher prices in the checkout. That's who."

"Yeah, well f**k those people, workers gotta live."

"I understand what you're saying, except for one thing."

"What's that?"

"That 'those people' you refer to, is us."

"Well, we have to do something to stop all of this sending jobs overseas."

"It's an inflationary economy that pushes jobs out of the country. Excessively high wages and high material costs cause more unemployment, not less...…...Wait, something just occurred to me."

"What's that?"

"You're the fiscal conservative, so why in the f**k do I have to explain all of this to you?"
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  #609  
Old 08-31-2018, 12:07 PM
Chicks Chicks is offline
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The truth about the Trump economy

https://www.vox.com/policy-and-polit...s-growth-obama

Quote:
”I’ll give the president credit for not steering the economy into a ditch,” says Aaron Sojourner, a labor economist at the University of Minnesota who closely tracks economic trends. “That’s the main accomplishment. He inherited a strong economy, strong trends, after a campaign of telling us the economy was terrible and awful and we had to make America great again. And now he’s declared victory.”
In spite of the utter incompetence of Donny and his idiot advisors, and his lies about Obama’s economy, he hasn’t yet destroyed the strong economy he inherited from a real President. He still has time to muck it up badly, however. Just imagine another economic crisis under this clown administration. Not a pretty thought.
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  #610  
Old 09-04-2018, 03:14 PM
Chicks Chicks is offline
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The gaping hole in Trump’s economic boom

https://finance.yahoo.com/news/gapin...192314032.html

Quote:
Corporate profits are at new highs, and the stock market keeps hitting new records, as well. There’s just one problem: Ordinary people aren’t seeing the same gains in their own paychecks. Not even close, in fact.
But... but... they promised it would “trickle down”...
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