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Yes, the economy is continuation to get better, but for who?
Aug 13, 2018 16:17:23   #
saltwind 78 Loc: Murrells Inlet, South Carolina
 
Since Trump wants to take the credit for the better economy, we need to know who the winners and losers are. The losers are all those working class and middle class families that have actually lost ground. The inflation rate is larger than the rate of improvement in the standard of living, causing the ordinary workers to become poorer. The wealthy are getting tremendous tax breaks, making them richer than ever.
Many of us give credit to Trump, but it was President Obama that got the ball started, and saved hundreds of thousands of jobs in the automobile industry. The rate of improvement in the economy has not improved since he left office. An object once in motion continues to be in motion until a stronger force slows it down and/or stopes it.

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Aug 13, 2018 16:31:46   #
bmac32 Loc: West Florida
 
I'm a winner, our electric dropped nicely with using the same KWH, cable is less and we get more for the same price. Hard to tell with food because prices are all over the place Gas prices are up for sure but all and all I'd say we're ahead of the game. My stocks are way up but my 401 took a slight hit.



saltwind 78 wrote:
Since Trump wants to take the credit for the better economy, we need to know who the winners and losers are. The losers are all those working class and middle class families that have actually lost ground. The inflation rate is larger than the rate of improvement in the standard of living, causing the ordinary workers to become poorer. The wealthy are getting tremendous tax breaks, making them richer than ever.
Many of us give credit to Trump, but it was President Obama that got the ball started, and saved hundreds of thousands of jobs in the automobile industry. The rate of improvement in the economy has not improved since he left office. An object once in motion continues to be in motion until a stronger force slows it down and/or stopes it.
Since Trump wants to take the credit for the bette... (show quote)

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Aug 13, 2018 17:58:44   #
Squiddiddler Loc: Phoenix
 
You don't "start a ball" dummy. All he started was trouble for all of society.
saltwind 78 wrote:
Since Trump wants to take the credit for the better economy, we need to know who the winners and losers are. The losers are all those working class and middle class families that have actually lost ground. The inflation rate is larger than the rate of improvement in the standard of living, causing the ordinary workers to become poorer. The wealthy are getting tremendous tax breaks, making them richer than ever.
Many of us give credit to Trump, but it was President Obama that got the ball started, and saved hundreds of thousands of jobs in the automobile industry. The rate of improvement in the economy has not improved since he left office. An object once in motion continues to be in motion until a stronger force slows it down and/or stopes it.
Since Trump wants to take the credit for the bette... (show quote)

Reply
 
 
Aug 13, 2018 18:14:34   #
Radiance3
 
saltwind 78 wrote:
Since Trump wants to take the credit for the better economy, we need to know who the winners and losers are. The losers are all those working class and middle class families that have actually lost ground. The inflation rate is larger than the rate of improvement in the standard of living, causing the ordinary workers to become poorer. The wealthy are getting tremendous tax breaks, making them richer than ever.
Many of us give credit to Trump, but it was President Obama that got the ball started, and saved hundreds of thousands of jobs in the automobile industry. The rate of improvement in the economy has not improved since he left office. An object once in motion continues to be in motion until a stronger force slows it down and/or stopes it.
Since Trump wants to take the credit for the bette... (show quote)

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With 3.9% unemployment, US economy is better for 96.1% of the American people. I think the 3.9% are the drug adducts, MS13 gangsters.

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Aug 13, 2018 18:50:50   #
lpnmajor Loc: Arkansas
 
saltwind 78 wrote:
Since Trump wants to take the credit for the better economy, we need to know who the winners and losers are. The losers are all those working class and middle class families that have actually lost ground. The inflation rate is larger than the rate of improvement in the standard of living, causing the ordinary workers to become poorer. The wealthy are getting tremendous tax breaks, making them richer than ever.
Many of us give credit to Trump, but it was President Obama that got the ball started, and saved hundreds of thousands of jobs in the automobile industry. The rate of improvement in the economy has not improved since he left office. An object once in motion continues to be in motion until a stronger force slows it down and/or stopes it.
Since Trump wants to take the credit for the bette... (show quote)


We're still waiting for the wealthy and the mega corporations to start trickling down their windfall..................as promised. Now, the wealthy and rich corporations have NEVER willingly done so, in the entire history of the world..............but this time will be different.

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Aug 13, 2018 19:24:02   #
saltwind 78 Loc: Murrells Inlet, South Carolina
 
Squid, I don't know how Obama made trouble, but I do know he ended the Republican recession, and saved the auto industry, stupid!

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Aug 13, 2018 19:32:48   #
JoyV
 
bmac32 wrote:
I'm a winner, our electric dropped nicely with using the same KWH, cable is less and we get more for the same price. Hard to tell with food because prices are all over the place Gas prices are up for sure but all and all I'd say we're ahead of the game. My stocks are way up but my 401 took a slight hit.


You are behind in your information. The left wing leaders PREDICTED the tax break would only help the wealthy and not improve the economy. And it would lead to rampant inflation. Time has proven those predictions false. Then the economy would only improve for the wealthy. How the economy can improve for some but not others if they live in the same economy is a mystery. But again it has not panned out. As for inflation; instead of soaring out of control, it has actually reduced in rate.

When Obama took office, it was 0.1% During his term it never again was that low. In 2011 it soared to 3.0%. And when Trump took office it was 2.1%. Now it is 1.9%. Not great but at least it went down and not up. At the same time, the GDP was 2.5% when Obama was elected. Not good! But after 8 years of Obama's "recovery", when Trump was elected it was a whopping 1.3%. Now it is 4.1%. When Trump predicted that his economic policies would cause it to rise above 3%, he was laughed at. The left wing economic experts said it couldn't be done.

Now as to who has been helped in the economy, I could post all kinds of statistics; and I welcome others to do so. But this time I will leave off the statistics and tell of my own experience.

I train guide dogs and service dogs. I train dogs which go to people all over the country and in urban, suburban, and rural communities. And to people from various different careers. When the crash happened, people who needed my dogs for themselves or a loved one could not afford to pay. I had to drop my price 50% while my expenses actually rose. So I also cut back on veterinary care expenditures of the dogs I was being paid to train. No longer did I provide OFA certification of hips and elbows. No longer did I keep dogs on heartworm preventative unless the person could pay for it. I provided only the minimum vet care. And I dropped from a top of the line food to an adequate mid grade food. Nor could I travel as far or as frequently in going to various places to train. I stopped providing specialized equipment such a custom harnesses designed specifically to best meet the needs of the person. But relied on harnesses which were ready made. And when it was not necessary, I did not even always use leather. But I did not cut back on the actual training.

This year for the first time since 2008, I have all but 2 of my students paying MORE than what I charged after the crash. Those 2 are on a fixed income. Since my students come from coast to coast, northern, southern, midwestern, and southwestern; and from many different careers--I think it is a pretty good indication the economic improvements have benefited many Americans.

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Aug 13, 2018 19:40:33   #
JoyV
 
lpnmajor wrote:
We're still waiting for the wealthy and the mega corporations to start trickling down their windfall..................as promised. Now, the wealthy and rich corporations have NEVER willingly done so, in the entire history of the world..............but this time will be different.


Willingly?! Not hardly. But by not only giving incentives (such as tax breaks and reduced regulations) but also the consequences such as tariffs for outsourcing production and trying to then sell the goods to Americans. As well as withholding government contracts to companies who do not do right by their American employees. Not to mention the PR value of publicly showing your company is a good guy.

This is NOT trickle down economics!!!! And it IS working!

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