US economy grows at fastest pace since 2014

[WNYresident]

US economy grows at fastest pace since 2014

The U.S. economy grew by 4.1% in the second quarter, and first-quarter GDP was raised to 2.2% from 2%.


https://www.foxbusiness.com/economy/...ace-since-2014

[HipKat]

And now, a dose of reality re: the 4/1% GDP

According to the labor dept.,
1, Real Wages have been stagnant and/or slowed over the past year.
and 2, The GDP is artificially deflated this quarter due to a flurry of exports as companies tried to stay ahead of the announced tariffs

[WNYresident]

This is why this will be tracked for the upcoming quarters.

As a USA citizen you should be happy and hope it continues.


By look at what scrolls across facebook we have many people who want to see Trump fail. Many not so bright people out there.

[Genoobie]

Just curious, what kind of lag time do you think there is regarding tax law changes, governmental policy changes, etc., and changes in employment (if causation really exists).

[HipKat]

This is why this will be tracked for the upcoming quarters.

As a USA citizen you should be happy and hope it continues.


By look at what scrolls across facebook we have many people who want to see Trump fail. Many not so bright people out there.

I posted on another forum, nothing will change my hatred for Trump, but I'll give the Devil his due, if trade gets settled without small businesses getting too hurt and the GDP stays steady, I'll give him the credit, but it doesn't change anything about his lies and corruption

[WNYresident]

Just curious, what kind of lag time do you think there is regarding tax law changes, governmental policy changes, etc., and changes in employment (if causation really exists).

Depends what the changes were and when they went into effect. I can see that some effects could be immediate while others would need time to show results.

I think changes in the tax laws could show immediate positive results or immediate negative effects. Just two loose examples.

Let's say Cuomo and local officials were in favor of adding the "Refugee Kindness Act". How can anyone be against acts of kindness? An immediate sales tax of 10% state wide. That money would go directly to refugees to help them start their lives in NYS. I'm pretty sure that would have an immediate negative effect on all businesses in NYS. Why would you buy a TV from a local business that was 10% more when you can easily just order one from out of state for 10% less?

On the other hand if we eliminated 25% of state government and did an immediate cut across the board on salaries of 20% we could see an immediate positive effect.

[WNYresident]

I posted on another forum, nothing will change my hatred for Trump, but I'll give the Devil his due, if trade gets settled without small businesses getting too hurt and the GDP stays steady, I'll give him the credit, but it doesn't change anything about his lies and corruption

Hatred is a strong word.

You must still have hatred for President Obama then. Told many lies when it came to ObamaCare.

[HipKat]

it was republicans that successfully sabotaged obamacare from the beginning. the dems didnt have to bring anything new to the table, it was already there. they proposed the fixes, but the gop had no intention on fixing what definitely would have been a wildly successful health plan

its funny how any plan that would actually work and cover everybody ALWAYS ends up looking like obamacare. thats bc it the only solution that would succeed

but republicans despised the idea that a democrat would get credit for a good plan that revolutionized american health insurance for decades. so they broke it on purpose

one of the most disgusting political acts I've seen in my lifetime

on this issue, republicans are the biggest problem in america

there we were, on the cusp of having a good hc system for everybody. but republicans selfishly sabotaged it by blocking payments promised to doctors who treat low income people. it was part of the plan, they just got control of congress and intentionally broke it

then they turned around and tried to give us an absolute piece of garbage that was so bad even republicans with a conscience (a rarity) had to say no

now the system that could have been terrific lies in tatters and they intentionally let it whither and die. the fact that Americans will also whither and die as a result doesn't mean crap to them

[Lee Chowaniec]

I posted on another forum, nothing will change my hatred for Trump, but I'll give the Devil his due, if trade gets settled without small businesses getting too hurt and the GDP stays steady, I'll give him the credit, but it doesn't change anything about his lies and corruption

Well Hipkat, you finally openly admitted your hatred for Trump.

I was socializing with a group of individuals earlier this evening and politics came up because it was that kind of get-together where people could speak freely. I was the only independent amongst Republicans and Democrats.

The one repeating theme that all agreed upon is the Democratic Party at this time has no redeeming message; offering only a message of hatred, a false sense of inclusiveness and tolerance, socialism, open borders, sanctuary cities, illegal immigrants having the same rights as American citizens and the promise of hoards of free **** with no plan to pay for it.

They all professed unease at the likes of socialists Sanders, Cortez and Nixon and dislike and disrespect for the likes of Pelosi, Schumer, Gillibrand, etc. What I found most interesting is that the great majority of the individuals, from either party, were fearful to express their opinions publically for fear of retribution from the party on the left.

Freedom of speech. eh? Not anymore without fear of intimidation and/or reprisal.

[HipKat]

Well Hipkat, you finally openly admitted your hatred for Trump.

I was socializing with a group of individuals earlier this evening and politics came up because it was that kind of get-together where people could speak freely. I was the only independent amongst Republicans and Democrats.

The one repeating theme that all agreed upon is the Democratic Party at this time has no redeeming message; offering only a message of hatred, a false sense of inclusiveness and tolerance, socialism, open borders, sanctuary cities, illegal immigrants having the same rights as American citizens and the promise of hoards of free **** with no plan to pay for it.

They all professed unease at the likes of socialists Sanders, Cortez and Nixon and dislike and disrespect for the likes of Pelosi, Schumer, Gillibrand, etc. What I found most interesting is that the great majority of the individuals, from either party, were fearful to express their opinions publically for fear of retribution from the party on the left.

Freedom of speech. eh? Not anymore without fear of intimidation and/or reprisal.

I've never not admitted that I hate him, Lee, but as for the rest of your post, sadly, I must concur, with much of it. Only a few extreme Alt-Left types are pushing for open borders or Sanctuary cities. The bulk of the left wants sensible Immigration Reform that doesn't include kidnapping kids from the parents.

The Dems really have nothing right now, regarding POTUS, so either they're focusing on the Midterms - which for the House is looking good for them taking a lot of seats, or they just simply have nothing for 2020

[WNYresident]

I've never not admitted that I hate him, Lee, but as for the rest of your post, sadly, I must concur, with much of it. Only a few extreme Alt-Left types are pushing for open borders or Sanctuary cities. The bulk of the left wants sensible Immigration Reform that doesn't include kidnapping kids from the parents.

The Dems really have nothing right now, regarding POTUS, so either they're focusing on the Midterms - which for the House is looking good for them taking a lot of seats, or they just simply have nothing for 2020

Only a few are pushing for open borders and/or Sanctuary? More than a few.

[WNYresident]

Trump tweets he'd 'shut down' government if Democrats don't fund US-Mexico wall

Trump

I would be willing to “shut down” government if the Democrats do not give us the votes for Border Security, which includes the Wall! Must get rid of Lottery, Catch & Release etc. and finally go to system of Immigration based on MERIT! We need great people coming into our Country!

http://www.foxnews.com/politics/2018...xico-wall.html





You'll see many, not a few, rail against this.

[HipKat]

Only a few are pushing for open borders and/or Sanctuary? More than a few.

No Res, regardless of what Fox or Alex Jones are telling you. Oh, and I thought Mexico was building the wall

[Lee Chowaniec]

I've never not admitted that I hate him, Lee, but as for the rest of your post, sadly, I must concur, with much of it. Only a few extreme Alt-Left types are pushing for open borders or Sanctuary cities. The bulk of the left wants sensible Immigration Reform that doesn't include kidnapping kids from the parents.

The Dems really have nothing right now, regarding POTUS, so either they're focusing on the Midterms - which for the House is looking good for them taking a lot of seats, or they just simply have nothing for 2020

The alt-left seem to be getting a lot of media coverage. Hope your right.

Kidnapping illegal entry kids, isn't that oxymoronic?

I will give you that Trump is a bully, a narcissist, an unlikeable, insensitive individual – not much there to like. That said, many of his policies and promises still strike home with middle class workers who increasingly abhor watching how far left the Democratic Party is going today.

It was bad enough for independent and/or non affiliated party voters to experience the chastisement and admonishment that resulted from political correctness and political identity allegations from the so-called inclusive, tolerant left for simply voting for Trump or professing an opinion disagreeing with the liberal left.

Then the far left went on to disparage every Trump action regardless of positive outcome – the tax cut was crumbs; the unemployment rate was too low; the economy not as strong as indicated by the markets; tariffs bad; trade war pissing off our allies (who are pissing on us; etc.

The far left favors open borders, declares illegal aliens have rights equal to those of American Citizens, establish Sanctuary Cities and now advocate for the dissolution of ICE.

While the far left social justice warriors characterize Trump as the villain (void of compassion, a xenophobic nationalist, dufus), Trump supporters see the far left as a party with little positive narrative; a message of hate for Trump and for the values that most Americans still support.

Socialism, no thanks! For recent chaos under socialism read up on Venezuela! The Democratic Party has yet to deliver a message or nominate a national candidate that will turn the majority of Trump voters away at crunch time.

[WNYresident]

No Res, regardless of what Fox or Alex Jones are telling you. Oh, and I thought Mexico was building the wall

I don't watch Alex Jones or watch Fox/Cnn all that much.