Impressed by the Trump administration part II

The joint committee on taxation estimated $338 billion in taxes over ten years related to repatriation. 

As for individual taxes, every time rates are cut, revenues increase.

I can’t help further; and I can’t cut spending.

Lowest weekly jobless claims report in 49 years.

Change we can [really] believe in.

Jobless Claims At 49-Year-Low.

Bloomberg News (9/20, Chandra) reports “US filings for unemployment benefits unexpectedly fell for a third straight week to a new 49-year low, indicating a tight job market, Labor Department figures showed Thursday.” The Wall Street Journal (9/20, Morath, Subscription Publication) notes the claims were at the lowest level since December 1969.

Household Wealth Hits Record.

The AP (9/20) reports, “A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter.” The Federal Reserve said the “value of Americans’ stock and mutual fund portfolios rose $800 billion last quarter, while home values increased $600 billion.”

US Stocks Close At Record Highs.

The AP (9/20) reports “the Dow Jones Industrial Average closed at a record high, beating the mark it set in January,” with “the S&P 500” also beating “the all-time high it set last month.” The Nasdaq “climbed 78 points, or 1 percent, to 8,028

CBP: China Tariffs Reach $4 Billion In New Revenue.

Bloomberg News (9/20) reports the U.S. Customs and Border Protection “calculates that new tariffs on imports of Chinese products, steel and aluminum could generate an additional $4 billion in revenue so far.” As of September 19, the CBP “assessed $2.2 billion in tariffs on imported steel and $625.4 million on aluminum, as well as $1.2 billion in duties on Chinese imports.” Companies and business groups “say the short-term economic pain from higher costs for consumers and lost jobs that the duties and retaliatory tariffs produce will not create long-term benefits.”

Have a great weekend.

New NAFTA deal.

Markets react with another +200 day.

Too much winning.

Change we [really] believe in …

Wonder how many Dems will stop attacking Trump when they find out that the country is in favor of his economic policies?

Kind of hard to run against this stuff.

They did not want to listen to the voices of the forgotten people, just as now they do not want to recognize the positive economic data and multitude of wins inuring to The People.

posted by Spock

Wonder how many Dems will stop attacking Trump when they find out that the country is in favor of his economic policies?

 

Kind of hard to run against this stuff.

Also saw where his popularity is increasing with the African-American community which doesn't bode well for the Dems.

posted by BR1986FB

Also saw where his popularity is increasing with the African-American community which doesn't bode well for the Dems.

I saw ... at least one poll that showed this. It kinda explains, at least in part, why dems have been pounding the intersectionality and progressive stack ideology. They have been heavily pushing the identity politics because the people they have been promising for decades are still in the same situation. The jig is up!

Makes me remember this vid that Belly used to play of Malcom X's speech "political chump".

Anytime you throw your weight behind a political party that controls 2/3 of the government and that party can't keep the promise that it made to you during election time and you are dumb enough to walk around continuing to identify yourself with that party you are not only a chump but you're a traitor to your race!

We're seeing more and more black people digging themselves out of the rut that they have been in. What's worse for democrats, is that many of these same people now have big platforms on youtube, FB or Twitter. They're getting facetime on television, too. Naturally, the dems have to leave them behind now. They're pitting man against woman, gay people against transgender people, feminist against feminist and everything else in-between. I'll give them credit, they've been pretty masterful at it. But people are waking up against that, too. Who tf knows what they'll try next.

103rd record market close today, under Trump.

Real wages rising at fastest pace in a long time.

Construction spending at record levels.

Liberals melting down.

The wins just keep coming.

https://www.breitbart.com/big-government/2018/10/07/stormy-daniels-sorry-for-mocking-donald-trumps-penis/

LOL....not sure where to put this so I guess the "impressed thread" will do.

LOL at the "Read more stories about:" section at the bottom including Mario Kart.

posted by QuakerOats

They did not want to listen to the voices of the forgotten people, just as now they do not want to recognize the positive economic data and multitude of wins inuring to The People.

 

While stupid dems like Nancy Pelosi are vowing to return to PAYGO when they get power. Dems like me have been saying that increasing the deficit through cutting taxes or increasing spending will yield economic prosperity. Thanks Trump! 

Wait..you guys think African Americans are becoming more “for” trump and credit his presidency for their success? Lol what?

posted by Spock

https://www.breitbart.com/big-government/2018/10/07/stormy-daniels-sorry-for-mocking-donald-trumps-penis/

Never really gave it much thought why she wanted out of the agreement.....but now it makes perfect sense, because who else would buy her book without a story about Trump?  I'm sure that story ended-up being worth much more than $130k to her.

posted by SportsAndLady

Wait..you guys think African Americans are becoming more “for” trump and credit his presidency for their success? Lol what?

I don't think it's because of Trump. I think it's the fact of more widespread messaging and telling people it's ok to go against the grain. More and more people are getting platforms where their ideas are spread to a much bigger audience than just a local newspaper or small tv/radio stations. It's not just bad stuff that comes out of social media, although at times it doesn't seem like it.

posted by BoatShoes

While stupid dems like Nancy Pelosi are vowing to return to PAYGO when they get power. Dems like me have been saying that increasing the deficit through cutting taxes or increasing spending will yield economic prosperity. Thanks Trump! 

To be fair, I have seen you say increase spending MANY times, but I am not sure I have EVER seen you say cutting taxes was a good thing.

I am willing to be wrong.

posted by jmog

To be fair, I have seen you say increase spending MANY times, but I am not sure I have EVER seen you say cutting taxes was a good thing.

 

I am willing to be wrong.

I think he was being sarcastic.

posted by O-Trap

I think he was being sarcastic.

To be fair he has been calling for increased deficits (by spending increases) his whole time on the OC. So if he was being sarcastic it would have only been with the tax cutting part of his statement. He has been all in on Keynesian economics for ever.  I know Keynesian model includes lower taxes, I just have never specifically seen Boat call for lower taxes.

Like I said, I am willing to be wrong.

posted by O-Trap

I think he was being sarcastic.

LOL, no, that's actually how he thinks about economics.  How have you never noticed this?

posted by gut

LOL, no, that's actually how he thinks about economics.  How have you never noticed this?

The "cutting taxes" part threw me off.