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Why have Republicans stopped bragging about the stock market?

WSJ ED BOARD: “President Trump claims trade wars are easy to win, but that boast looks worse than ever amid the financial carnage from his latest threat of tariffs on Chinese goods. His trade war has now become a currency war, which raises the potential economic harm to another level. …

“To Mr. Trump, all of this is part of his grand trade showdown with Chinese President Xi Jinping. He was furious last week when his negotiators returned from China without significant progress. So he slapped on new tariffs, which he thinks will impose more pain on China than on the U.S.

“But if the President believes adviser Peter Navarro’s counsel that the U.S. is immune from all this, markets are saying the opposite. The Dow Jones Industrial Average is now lower than it was in January 2018 when he began his game of China chicken, despite two years of strong corporate earnings. The uncertainty from tariffs has chopped U.S. GDP growth to 2% from 3%. Business investment is falling and global manufacturing is nearly in recession.”


Dumb fuck may well accelerate the recession. The Obama economy looks better every day.
 
moarBB said:
THIS is why you are A DRECK NOGGER IN DEPENDS
Click to expand...

And it’s why you’re the Yidiot. Where’s all the 3 and 4% growth? It was going to be so easy. He lowers taxes, raises spending, and he still can’t do It! As I said, dumb fuck.


NOGGER?
 
Rory and his fellow degenerates, positively gleeful that the nation's 401K accounts and widows and orphan's funds invested in the stock market have been diminished. For now. Fingers crossed that the prayer for retrenchment does not climb yet again in heartbreaking disappointment for degenerates before the 2020 ekection.election. degenerates are cautiously optimistic a bear market wiped out more of deplorable, obscene record-setting profits of the robust Trump recovery.

Que said:
Degenerates like Rory have had a great week!

Lots of deaths they could loosely associate with Trump because one shooter was simpatico with Trump's stance on ILLEGAL immigration, though he disagrees on Trump's position on letting lots of brown people in legally. He can't be happy with Trump's generous but ignored by Democrats offer to let even more brown DACA kids stay.

The order of the two shootings was a true blessing for the degenerates since in the furor they could conflate all of the deaths in both shootings with the above exaggeration of the first shooter's political leanings to obscure and ignore that the second shooter was a righr-down-the line degenerate that supports all the correct degenerate boxes politically.

Both shootings gave them the opportunity to whinge about guns as a we-gotta-do-something issue, secure in the smug knowledge that as the party out of power they won't have to accomplish anything, since nothing of any practical benefit can be done.

The topper was the stock market tumble from historic highs.

Make America Less Great by 2020 or Bust!
Click to expand...

Indeed, a week for degenerates to make merry and dance on graves, including the ones filled by their fellow-travelling degenerate.
 
cowslinger64 said:
https://www.theatlantic.com/ideas/a...ahoo&utm_campaign=yahoo-non-hosted&yptr=yahoo

Why No One Wants to Talk About the Booming Economy


Republicans don’t like to admit the biggest policy-based reason why the economy surged in 2018 and into 2019, which is this: President Donald Trump secured the very stimulus that Republicans spent years denying President Obama.

Throughout his term, Obama tried repeatedly to get Republicans to sign on to additional spending and tax cuts for the middle and lower classes, which would have increased the deficit. The GOP repeatedly refused to go along with this, arguing that higher deficits were philosophically unacceptable and financially ruinous. In 2016, with the economy slowing down, the Obama administration again proposed a moderate stimulus plan that would have targeted infrastructure, but congressional Republicans refused to budge.


But under Trump, something odd has happened: The GOP has presided over the largest two-year deficit increase in American history, outside of a recession. The party has paired higher spending with a massive corporate tax cut, which sweetened a long-term marginal-rate cut on corporate income with a short-term tax benefit for households.

Thanks to this infusion of deficit-financed stimulus, job growth and GDP accelerated throughout 2018, and both continue to grow steadily today, despite the wobbliness of global markets and the president’s imbecilic decision to wage a trade war against the world’s second-biggest economy.
-------

There's your boom...just another bubble that the taxpayers will pay for.
Click to expand...

Not even the big giant head took time to spin this... what a shocker!
 
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