The Trump Economy

6,560 Views | 66 Replies | Last: 27 days ago by TRM
cef88
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AG
S&P 500 has increased 2,000% since inception after adjusting for inflation.


Edit to add, You are right, nominal S&P increase is 38,500% without adjusting for inflation.
No Spin Ag
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YouBet said:

Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years, groceries are sky high, it costs $20,000 to have a child in the hospital, whole neighborhoods smell like curry, our taxes go to foreigners committing fraud, we're at war with a country at the behest of another country, almost 10% of the population is on welfare or foot stamps, there are taxpayer dollars going to slush funds for members of congress covering up sexual assaults, but hey the stock market is up.


The previous version of the American Empire is over and much of what you wrote is an accumulation of all past Congress critters and POTUS. But, at least we are getting a good stock market. Enough of that allows you to offset and buy distance away from the rest of what you posted.

If Trump is successful with his reset of the world order that is currently underway, maybe we will see some improvement on your other issues. Totally remains to be seen though. Who knows.


It's the "who knows" that voters don't care about. They care about how they're doing now.

I do love the idea of the world order being reset, but I saw a news report talking about how countries are putting things into effect to hold them over into Trump is gone. They're all figuring that once he's gone everything goes back to the way it always has been.

It likely will, especially if his maga goes back to not voting like they were before he came on the scene. Who knows.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Noctilucent
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richardag said:

Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years,
  • caused by the Democratic Party leadership, now being corrected by President Trump
groceries are sky high,
  • caused by the Democratic Party leadership, now being corrected by President Trump
it costs $20,000 to have a child in the hospital,
  • caused by President Obama, now being corrected by President Trump
whole neighborhoods smell like curry,

  • caused by the Democratic Party leadership, New H1B rules being examined by the current Administration
our taxes go to foreigners committing fraud,

  • caused by the Democratic Party leadership, now being corrected by President Trump
we're at war with a country at the behest of another country,

  • caused by the incessant terrorist activities costing millions of live including Americans, Israelis, black Christians in north eastern African nations.
almost 10% of the population is on welfare or foot stamps,

  • caused by the Democratic Party leadership, now being corrected by President Trump
there are taxpayer dollars going to slush funds for members of congress covering up sexual assaults,
  • been a problem for decades, until recently being exposed by this Administration and we shall see if corrections are made
but hey the stock market is up.
  • And your alternative is you want the stock market to crash?




Great post! And true.
TexasAggie73
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Ellis Wyatt said:

Trump has nothing whatsoever to do with the grift that is higher education. We've told you it was a racket for decades now.


I didn't say anything about Trump and the cost of college. It's just a fact of what families are facing. That's what life is now.
redcrayon
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AG
TexasAggie73 said:

Just ask families trying to send their kids to college how affordable it is and how much debt they are undertaking to do so. Sorry, but stock market is just one item in measuring our economy. Salaries are not keeping up with the cost of living.

Maybe they should have invested in the stock market to pay for college.
Logos Stick
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TexasAggie73 said:

Ellis Wyatt said:

Trump has nothing whatsoever to do with the grift that is higher education. We've told you it was a racket for decades now.


I didn't say anything about Trump and the cost of college. It's just a fact of what families are facing. That's what life is now.



Who says you have to pay for your kid's college? My parents didn't pay for mine.
TexasAggie73
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Logos Stick said:

TexasAggie73 said:

Ellis Wyatt said:

Trump has nothing whatsoever to do with the grift that is higher education. We've told you it was a racket for decades now.


I didn't say anything about Trump and the cost of college. It's just a fact of what families are facing. That's what life is now.



Who says you have to pay for your kid's college? My parents didn't pay for mine.


I paid for mine too with loans that I took out and repaid. Just saying that the cost of a college education is crazy and it leaves a lot of families in crazy situations no matter who pays it off. You can argue the justification of it, but that doesn't settle the here and now for a lot of families.
BuddysBud
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The propaganda machine keeps churning.
Most believe the economy is bad because they are told that the economy is bad.

Granted some are worse off and some are better off than last year, as always. I lost a job a booming economy. To me it felt like the economy was going down the drain. I had a great job during a major recession. I didn't feel like it was nearly as bad as what the "news" was telling me.

For the most part, most are living life as usual.
Capt. Augustus McCrae
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policywonk98 said:

Capt. Augustus McCrae said:

vansprinkle said:

Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years, groceries are sky high, it costs $20,000 to have a child in the hospital, whole neighborhoods smell like curry, our taxes go to foreigners committing fraud, we're at war with a country at the behest of another country, almost 10% of the population is on welfare or foot stamps, there are taxpayer dollars going to slush funds for members of congress covering up sexual assaults, but hey the stock market is up.

He's doing his best to correct the crapstorm he inherited.

Iran and Venezuela were about oil and China, not Israel. I know that's all you've read in the headlines, but the people writing that drivel aren't intelligent enough to think more than one step ahead. You should take off your blinders and think about this whole mess a bit more like a masters game of chess, not checkers with a kindergartner.

Edit to add that I just read about the Strait of Malacca. Guess Israel is getting us involved in Indonesia as well. Is Israel also adding fuel to the Cuban fire?


You can call it drivel, but this isn't exactly the "America First" we were promised, is it?



I'm genuinely trying to understand this mindset. What do you think happens to Americans and American workers if we lose our global hegemony? If you think it's not under threat by Chinas moves over the last 20 years, make the case. I'm interested to hear it.


That may be true, but how about we expel the tens of millions of illegal aliens and H1Bs that we have imported to start. Instead we are keeping the hospitality and farm workers, per Trump. We have members of congress saying the people we care about most are "undocumented America ns".

Prices have yet to come down in any appreciable way. Obama care is still in place and the SAVE act still hasn't been passed.

No one has been held accountable for their work in the Epstein stuff or the Russia hoax.

The Republicans in our federal government suck. They suck a lot. I have investments like the rest of you. I'm glad the stock market us up. Let's not act like that makes everything else sunshine and rainbows. The bill of goods we were sold with Trump's election hasn't exactly panned out the way it was told that it would be.
Old McDonald
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on account of OP's recent streak of prematurely declaring victory for trump, suggest everyone sell their stock right now
Aglaw97
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Is Trump better than the alternative? Absolutely. But it's akin to saying he's the taller midget. And lately he's really been disappointing even his most ardent supporters.
Sid Farkas
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Stock market gains since Nobel laurate and former Enron advisor Paul Krugman predicted markets would never recover from Trump's election...

ErnestEndeavor
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Could be worse.

YouBet
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Capt. Augustus McCrae said:

policywonk98 said:

Capt. Augustus McCrae said:

vansprinkle said:

Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years, groceries are sky high, it costs $20,000 to have a child in the hospital, whole neighborhoods smell like curry, our taxes go to foreigners committing fraud, we're at war with a country at the behest of another country, almost 10% of the population is on welfare or foot stamps, there are taxpayer dollars going to slush funds for members of congress covering up sexual assaults, but hey the stock market is up.

He's doing his best to correct the crapstorm he inherited.

Iran and Venezuela were about oil and China, not Israel. I know that's all you've read in the headlines, but the people writing that drivel aren't intelligent enough to think more than one step ahead. You should take off your blinders and think about this whole mess a bit more like a masters game of chess, not checkers with a kindergartner.

Edit to add that I just read about the Strait of Malacca. Guess Israel is getting us involved in Indonesia as well. Is Israel also adding fuel to the Cuban fire?


You can call it drivel, but this isn't exactly the "America First" we were promised, is it?



I'm genuinely trying to understand this mindset. What do you think happens to Americans and American workers if we lose our global hegemony? If you think it's not under threat by Chinas moves over the last 20 years, make the case. I'm interested to hear it.


That may be true, but how about we expel the tens of millions of illegal aliens and H1Bs that we have imported to start. Instead we are keeping the hospitality and farm workers, per Trump. We have members of congress saying the people we care about most are "undocumented America ns".

Prices have yet to come down in any appreciable way. Obama care is still in place and the SAVE act still hasn't been passed.

No one has been held accountable for their work in the Epstein stuff or the Russia hoax.

The Republicans in our federal government suck. They suck a lot. I have investments like the rest of you. I'm glad the stock market us up. Let's not act like that makes everything else sunshine and rainbows. The bill of goods we were sold with Trump's election hasn't exactly panned out the way it was told that it would be.


I think you have to take a cynical and practical view of this in order to protect your sanity....and that view is make as money as you can in your job and the market to help offset and protect you as much as possible from everything else. Nothing is going to get fixed in Washington DC. It's a hive of villainy and scum and always will be.

And we know spending will not get touched because both parties have publicly declared they are not going to cut spending. And whatever else Trump might get done this term via EO will simply get reversed next Dem POTUS.

The big geopolitical things that Trump is doing right now will set the US up to navigate the future where globalization is dead as we know it and we are just flat out the power player without the veneer of globalism. He focused his second term on foreign policy and it obviously shows with this global reset to Fortress America. With all of this, you just have to hope he gets enough change in place that the momentum is such that it can't be reversed (assuming you support it; maybe you don't). And part of the reason he's doing that is because tackling domestic policy is almost pointless now that he got OBBB done. He shot his nut on that. Too much Deep State and Uniparty in the way to affect any more change beyond it.
TAMU1990
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heavens11 said:

The cradle to grave multi generational welfare and constant increase in federal govt spending which far outpaces inflation and population growth is going to at some point crater the US and essentially reboot the entire world. It's not going to be good.

Trump has done a lot of good pushing back on leftist insanity which has overwhelmed our culture and strategically improving our global posture. BUT, nothing has been solved with regard to the debt, deficit spending or even slowing the out of control growth of federal govt spending. He's made progress but hasn't addressed illegal immigration and the republican "led" Congress has accomplished almost nothing.

I'm glad market is doing well as essentially all my "wealth" is in equity, but I wish I could be more Bullish on bothe where America is and our even short term outlook




I still believe fraud is a huge chuck of our debt and annual deficits. Get rid of that, get illegals off of welfare of all types, and deport as many as possible, and we'll see improvement.
Dan Carlin
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It's a K-shaped economy. If you have money to invest in the S&P 500 then you're keeping up. If not, you're not.
agAngeldad
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  • caused by President Obama, now being corrected by President Trump
whole neighborhoods smell like curry,

  • caused by the Democratic Party leadership, New H1B rules being examined by the current Administration
our taxes go to foreigners committing fraud,

****************************************************************
Still waiting to see how these turn out.....
heavens11
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TAMU1990 said:

heavens11 said:

The cradle to grave multi generational welfare and constant increase in federal govt spending which far outpaces inflation and population growth is going to at some point crater the US and essentially reboot the entire world. It's not going to be good.

Trump has done a lot of good pushing back on leftist insanity which has overwhelmed our culture and strategically improving our global posture. BUT, nothing has been solved with regard to the debt, deficit spending or even slowing the out of control growth of federal govt spending. He's made progress but hasn't addressed illegal immigration and the republican "led" Congress has accomplished almost nothing.

I'm glad market is doing well as essentially all my "wealth" is in equity, but I wish I could be more Bullish on bothe where America is and our even short term outlook




I still believe fraud is a huge chuck of our debt and annual deficits. Get rid of that, get illegals off of welfare of all types, and deport as many as possible, and we'll see improvement.

I agree the fraud has to be off the charts ( money laundering back to pols), just don't think they are going to fix it.
Sq 17
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Looks like a short squeeze brought about by some very favorable headlines which may or may not be true
I still don't see a way out of this situation that does not negatively impact the world economy but LDP and his MAGA brethren seem to think That the US can win if other countries feel more pain than we do
Bulldog73
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Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years,

Correct me if I'm wrong (often am), but according to this, it appears that real wages for those who are full time employed have steadily increased since the second quarter of 2014 (COVID year excepted.
https://fred.stlouisfed.org/series/LES1252881600Q
LMCane
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Ag98and03 said:

Is there some infection point that shows Trump caused this?

Or is it a continuation of the trend it was on?

The stock market is does not apply to more than half of the population. The majority are frozen out because they need to buy groceries and pay rent that has jumped 40% or more in the last few years.




these are just lies you made up.

and since you stated "rent has jumped 40% in the last few years"

WHO WAS PRESIDENT FROM 2021-2025?
mslags97
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Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years, groceries are sky high, it costs $20,000 to have a child in the hospital, whole neighborhoods smell like curry, our taxes go to foreigners committing fraud, we're at war with a country at the behest of another country, almost 10% of the population is on welfare or foot stamps, there are taxpayer dollars going to slush funds for members of congress covering up sexual assaults, but hey the stock market is up.


This is a perfect diatribe on the dem policies that have destroyed the country…. And this administration is taking steps to rectify these issues….

Welfare state = dem policy
Open and unchecked border = dem policy
Health care costs skyrocketing = obamacare
Foreigners fraud = dem policies/fraud (see MN/CA)

Not sure where you are going with this, but if you were blaming these things on Trump, I can say with certainty these issues aren't the results of the Trump policies…..
Secolobo
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TexasAggie73 said:

An interesting fact is the the S&P has made a new all time high 600 times in 30 years. During republican and democratic leadership.

For context.

https://www.macrotrends.net/2324/sp-500-historical-chart-data
YouBet
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AG
Ag98and03 said:

Is there some infection point that shows Trump caused this?

Or is it a continuation of the trend it was on?

The stock market is does not apply to more than half of the population. The majority are frozen out because they need to buy groceries and pay rent that has jumped 40% or more in the last few years.




On a positive note, the half of the population not in the stock market gets to pay nothing in federal income tax while also getting to vote themselves the treasury that is funded by the half who are in the market.

So, it all works out.
policywonk98
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AG
Capt. Augustus McCrae said:

policywonk98 said:

Capt. Augustus McCrae said:

vansprinkle said:

Capt. Augustus McCrae said:

Never mind the fact that real wages haven't increased in 20+ years, groceries are sky high, it costs $20,000 to have a child in the hospital, whole neighborhoods smell like curry, our taxes go to foreigners committing fraud, we're at war with a country at the behest of another country, almost 10% of the population is on welfare or foot stamps, there are taxpayer dollars going to slush funds for members of congress covering up sexual assaults, but hey the stock market is up.

He's doing his best to correct the crapstorm he inherited.

Iran and Venezuela were about oil and China, not Israel. I know that's all you've read in the headlines, but the people writing that drivel aren't intelligent enough to think more than one step ahead. You should take off your blinders and think about this whole mess a bit more like a masters game of chess, not checkers with a kindergartner.

Edit to add that I just read about the Strait of Malacca. Guess Israel is getting us involved in Indonesia as well. Is Israel also adding fuel to the Cuban fire?


You can call it drivel, but this isn't exactly the "America First" we were promised, is it?



I'm genuinely trying to understand this mindset. What do you think happens to Americans and American workers if we lose our global hegemony? If you think it's not under threat by Chinas moves over the last 20 years, make the case. I'm interested to hear it.


That may be true, but how about we expel the tens of millions of illegal aliens and H1Bs that we have imported to start. Instead we are keeping the hospitality and farm workers, per Trump. We have members of congress saying the people we care about most are "undocumented America ns".

Prices have yet to come down in any appreciable way. Obama care is still in place and the SAVE act still hasn't been passed.

No one has been held accountable for their work in the Epstein stuff or the Russia hoax.

The Republicans in our federal government suck. They suck a lot. I have investments like the rest of you. I'm glad the stock market us up. Let's not act like that makes everything else sunshine and rainbows. The bill of goods we were sold with Trump's election hasn't exactly panned out the way it was told that it would be.


I'm not opposed to most of what you've listed here. The executive branch has many things it is tasked with doing both domestically and internationally. A presidential administration has millions of levers its must constantly be pulling. Some levers are easier to pull and policies easier to execute upon than others. For instance, presidents can't deploy the military and its destructive forces in the homeland to round up illegals and move them back to their home countries. They can deploy the military to project military power and impact the world economy and box in a military and economic adversary of our country in another region of the world.

Again, I'm not saying I don't have my problems with Trumps policy execution here domestically. I do. But just because I don't like even hundreds of things going on here inside our borders doesn't block me from liking other things going on that I think have a long term positive impact on our country. China and its proxies were growing way too comfortable throughout the world, including within our own western hemisphere. Making investments in maintaining our global hegemony is important. Not all investments are the right ones. Many have been waste fraud and abuse as evidenced by the USAID system.

I don't know if Trumps gamble here will work out exactly as intended. But I know that most of the stuff done in the last 50 years have been very small measures at containment and worse, no containment at all, with a side of an ever stronger alliance between two adversaries that would eventually have a direct impact on us.
BigRobSA
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LMCane said:



and since you stated "rent has jumped 40% in the last few years"

WHO WAS PRESIDENT FROM 2021-2025?


Good question.
Kenneth_2003
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AG
Owlagdad said:

I guess it is all in how you look at it.
Hannity called obama's surging stock market, the "Jobless recovery"
Good for investors, sucked for working folks.



That was all in line with the Fed's Qualitative Easing (QE) programs. Massive money printing that went straight to the bailed out banks and Wall Street.
LMCane
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Aglaw97 said:

Is Trump better than the alternative? Absolutely. But it's akin to saying he's the taller midget. And lately he's really been disappointing even his most ardent supporters.


that's a flat out verifiable lie.

not only because I love Trump more each day.

but ACTUAL METRICS prove your statement is baldly untrue:

"President Donald Trump's approval rating among Republicans has risen over the last six weeks in polls from The Economist and YouGov.

The new polling released Tuesday shows a shift for the president, as he has faced a slew of record-low approval ratings in recent weeks amid the war in Iran and rising gas prices at home.

Why It Matters
As Republican approval of Trump improved this week, a previous softening from earlier peaks could become a trend that may affect intraparty leverage, policy debates and turnout dynamics ahead of the 2026 midterms."

https://www.newsweek.com/trumps-approval-rating-with-republicans-climbs-with-one-pollster-11829318
hdrydor
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AG
Ag98and03 said:

Is there some infection point that shows Trump caused this?

Or is it a continuation of the trend it was on?

The stock market is does not apply to more than half of the population. The majority are frozen out because they need to buy groceries and pay rent that has jumped 40% or more in the last few years.




Can you believe the price of eggs?!?
Aglaw97
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AG
Verifiable lie because of a Newsweek article? I could link you two Newsweek articles from yesterday saying the opposite. Cmon, we all know polls are slanted.

I voted for Trump and MUCH prefer him to the alternative. Doesn't mean he's immune from criticism or questioning, and he's been receiving a fair amount lately.
LMCane
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THANK YOU PRESIDENT TRUMP!!!

DJIA
49,609.29
Uptrend
+1,030.57
+2.12%



S&P 500
7,134.64
Uptrend
+93.36
+1.33%

NASDAQ
24,485.647
Uptrend
+382.943
+1.59%


RUSS 2K*
2,787.397
Uptrend
+67.796
+2.49%


VIX
17.48
Downtrend
-0.46
-2.56%
TRM
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AG
Owlagdad said:

I guess it is all in how you look at it.
Hannity called obama's surging stock market, the "Jobless recovery"
Good for investors, sucked for working folks.




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