They aren’t, but it doesn’t surprise me that you haven’t heard it on FoxNews.Originally Posted by PawDawg
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They aren’t, but it doesn’t surprise me that you haven’t heard it on FoxNews.
Oh brother. The entire deal is a "red herring" that Hillary dragged around as she was the one that asked foreign players for help getting elected. Not to mention Biden's bribery of the Ukraine higher ups.
Doesn’t surprise me that you haven’t heard impeachment is a total joke on CNN and MSNBC.
BTW, in all the swirl of real news, especially all the good news about our raging economy, wages have increased a whopping 3.1% this year. As I posted when we again got a real POTUS, after 8 years of gloom, the economy would take off. It did, but wages lagged behind the rally. I posted the reasons for that and stated wages would catch up. The increase in wages has been steady, but slow, something like 1% or so for a couple of years. All of us who actually know/understand how business/the economy works predicted that would happen but give it time. Well...bam! right on schedule.
It's good of you to post that, but we all know that any counterexamples will be dismissed as illegitimate
I'm curious why you think it is a counterexample. Pretty much exactly what people are saying. Granted I haven't gone back and read the entire thread looking for wage growth comments.
Chart shows wage growth topped 3% again in late 2016 and is now at 3.5%. That is better than what I saw reported from another source, of 3.1%. Okay...so Trump's economy is doing even better according to this site.
But it is quite different from what are considered better sources, which show the Trump economy having 1.5-1.9% wage growth in 2017, topping 3% briefly in 2018, dropping back to about 2.5% and now firmly growing at 3%+. I'm not here to be a voice for President Trump, I am interested only in the truth. I trust the other sources more than anything the loony Goosey posts, even though his site puts Trump in an even more favorable light.
Wage increases were expected to lag behind business/economic growth because there are sound, proven, reasons for it. It's not an unusual phenonmena. History shows how this trend repeats when a country recovers from an extended anemic economy. We suffered 8 long years under the worst president in history, through the worst 8 years, economically, this nation has ever experienced. GDP limped along at a woeful 1% (+) for 8 years. WORST recovery after a recession in US history. This is a fact!
But now that we have a real POTUS again, the economy has recovered and his zooming along. Wage growth has caught up, as was expected. It is real!
And unless you think I am just being partisan, I will remind you it is I who have posted many times the best 8-year run for any POTUS was under Bill Clinton whose record nosed out Ronald Reagan's 8 years. Those are the #1 and #2 all-time best economies for any POTUS who had an 8-year tenure. GWB's first 6 years were actually pretty good, but his last two, after the STUPID sub-prime mortgage crash, drug his overall 8-year record way down. Still, his 8 years were MUCH better than obummer's.
Now President Trump is on pace to rival Clinton and Reagan's run over 8 years. I don't know if his economic record will reach those levels. It might! It is certainly possible. What everyone must remember...and most are clueless about this...the size of our economy is many times larger than what Reagan had in the '80's and Clinton in the '90's. So, smaller % gains represents HUGE economic activity.
Pay no attention to delusional anti-Trumpers, especially those suffering from TDS. .
That has much more to do with the super low yields from bonds. People are getting pushed into risk assets and paying 5 times more for the same corporate earnings than they were a couple of years ago.
And while us capitalists are seeing the “value” of our ownership interests appreciate, the story is quite different in the manufacturing economy, which has been contracting.
https://www.instituteforsupplymanage...gROB.cfm?SSO=1
Ironically, if and when the US and global economies start to grow again above 3%, central banks will have to start increase interest rates and that will be a giant vacuum that sucks money out of risk assets, and you will most likely see stocks sell off again.
Somebody had been watching the financial experts on CNN and MSNBC again.
Not me. Do they have any? Do you disagree with what I said?
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