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The Trump Economy


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32 minutes ago, Landlord said:

 

 

yes huh

 

 

Obama did really good to get a 7.5

 

Trump gets a .5

 

simple math dude

Meh..I agree with Zrod.

 

The graph is too simple to really mean something.

 

Is this an average annual rate?  Cumulative?

If it's Cumulative, there are more years for Obama than Trump.

 

 

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49 minutes ago, BigRedBuster said:

Meh..I agree with Zrod.

 

The graph is too simple to really mean something.

 

Is this an average annual rate?  Cumulative?

If it's Cumulative, there are more years for Obama than Trump.

 

 

 

 

Obama Economy 7.5 = good

 

Trump Economy .5 = bad

 

HOW IS THIS HARD TO UNDERSTAND

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7 minutes ago, Landlord said:

 

 

Obama Economy 7.5 = good

 

Trump Economy .5 = bad

 

HOW IS THIS HARD TO UNDERSTAND

 

No real reason to yell.

 

If it's a cumulative figure, that really is 1.5 for Obama and .25 for Trump


Still, Obama wins.  But, no where close to as impressive as the graph makes it look.  

 

With no further explanation to the graph, the graph really doesn't mean much.

 

How is this hard to understand?

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10 minutes ago, Landlord said:

 

 

Obama Economy 7.5 = good

 

Trump Economy .5 = bad

 

HOW IS THIS HARD TO UNDERSTAND

 

 

If it’s cumulative you divide 7.5 by a bigger number than for Trump.

 

I doubt it’s cumulative, but the thing I thought of right away is I doubt the effect Conservatives expect from tax cuts is supposed to happen after only 1 year. I’d think (if I believed in their theory) it would be a gradual improvement.

 

Trump cut taxes so it stands to reason his revenue would not increase at a high rate in the first year.

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8 minutes ago, Moiraine said:

I doubt it’s cumulative, but the thing I thought of right away is I doubt the effect Conservatives expect from tax cuts is supposed to happen after only 1 year. I’d think (if I believed in their theory) it would be a gradual improvement.

 

 

True.  The tax break on corporations won't fully be recognized for another year.  Tax rate are as such:

 

2017 = 35%

2018 = 28% 

2019 = 21%

 

Edit:  That's what it is for us.  But, the 2018 figure might depend on when your fiscal year starts and ends.  Ours is October 1st so we have a blended tax rate for this year.  But, to take this another step....some companies might not fully recognize the tax savings till they do their taxes at the end of fiscal 2019.

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Not really "Trump Economy" since only one data point is during his presidency, but putting it here anyway.

 

I wonder if the mid-2012 bump is due to people going to school in 2008 after losing their jobs/savings.

 

HHDC_2018Q1_Chart1-1024x768.jpg

 

 

Some others:

 

US-consumer-credit-total-2018-Q2.png

 

US-consumer-credit-student-loans-2018-Q2

 

 

1.53 trillion out of 3.87 trillion is student debt. 39.5%

 

Back in 2008 it was about 620 billion out of 2.63 trillion, which is 23.6%

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1 hour ago, BigRedBuster said:

A good thread about what Trump keeps bragging about. 

 

 

 

 

He said yesterday he’d be willing to look into “a” sanction, but not on any that affect arms sales.

 

It reminds me of the Republicans (including Trump) who are extreme anti regulation to the point where even if the regulation is preventing pollution that hurts people they’re fine with it because $ > all.

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