Originally Posted by
guppie
Success for a country coming out of the worst recession in our lifetimes? Yes, I think so. And it certainly illustrates how pedestrian Trump's 4% in the Q2 '18 was. BTW, 2017 sported 2.3%
ANNUAL GDP growth.
Even Lou Dobbs pulled that "I thought Barry said 3% was the new normal". Evidently, he and his Walmart listeners don't know the difference between quarterly and annual numbers.
And whatever "reeled" in Obama's spending, the fact is the annual deficit decreased substantially during his presidency. Unlike Trump, where with both houses republican, the deficit increased 17% yoy 2017 to 2018. Now THAT's winning.
So the Dow’s gone up 7000 points since he took office.
https://www.marketwatch.com/story/dow-eyes-27000-and-is-set-to-break-longest-stretch-without-a-1000-point-milestone-since-trumps-election-2018-10-03
S&P 500
Record low unemployment.
https://www.nationalreview.com/2018/06/donald-trump-superlative-job-report-economy-roaring/
Wages growth hit nine year high.
https://www.bbc.com/news/business-45448323
A strong housing market, only being held back due to low inventory.
https://m.mpamag.com/market-update/lack-of-inventory-still-the-major-factor-in-the-housing-market-106565.aspx
All in the face of rising interest rates and a subversive media that distorts the facts.
I think record load factors should be a good indicator of the state of the economy. I’m sure you’ve noticed. But anyhow, make hay will the sun is out cause we all know it won’t be a perpetual wave.