News Focus
News Focus
Followers 75
Posts 113764
Boards Moderated 3
Alias Born 08/01/2006

Re: rooster post# 297250

Friday, 01/04/2019 7:52:29 PM

Friday, January 04, 2019 7:52:29 PM

Post# of 574886
rooster, basically Trump's record is worse, on the market, jobs and rising wages, than Obama's.

"Just look at the jobs number and rising wages! Kicking ass!"

The damage Trump has done, documented

[...]

To hear the president crow about the recent surge of the stock market, one might think the bull run of 2017 was greater during his first year than any other. But Forbes noted that stock prices grew at a faster pace during the Great Depression. Even Obama's first year in office was more bullish, with the broad S&P 500 Index exploding by 23.5 percent compared with last year's 19.4 percent clip.

The markets aren't the only place where the petulant president falls short. The number of jobs created .. https://www.forbes.com/sites/chuckjones/2018/01/18/trumps-economic-scorecard-one-year-post-inauguration ..under Trump was lower in 2017 than during each of his predecessor's final six years in office. Wage growth also declined after Trump became president. In fact, of the few areas where this president produced higher numbers than his predecessor, most were dubious achievements. The 2017 deficit under Trump climbed to $666 billion, up from $585 billion in 2016. The national debt crossed the $20 trillion threshold .. http://www.usdebtclock.org/ .. and is projected to rise faster in the future. And America's trade deficit, which candidate Trump famously blamed on poor presidential dealmaking, was worse during Trump's first year than in any of Obama's eight. Like most of Trump's braggadocious pronouncements, his claims clash with reality.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141686943

And while the December 2018 job figures are welcome

U.S. job growth surges to 312,000 in December
https://www.axios.com/us-unemployment-jobs-number-december-2018-d2069189-088c-46f0-ae53-75e503308ba8.html

have a look at the 2014 figures relative to those of 2018.





It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today