Dow almost at 30K....

[Rychek4]

How much debt did we take on to boost this kind of growth?

It turns out I CAN quote myself

 

[Rychek4]

Every state in the country, every government employee, and every union member should be lining up to kiss Trumps rear end.

How much debt did we take on to boost this kind of growth?

 

[orangelvis]

How much debt did we take on to boost this kind of growth?

I get your point, but at least we did get growth. The previous guy and his debt, not so much.

 

[nytigerfan]

I get your point, but at least we did get growth. The previous guy and his debt, not so much.

Even judging by GDP, the Trump economy falls short. Last quarter’s growth was just 2.1%, far less than the 4%, 5%, or even 6% Trump promised to deliver, and even less than the 2.4% average of Obama’s second term. That is a remarkably poor performance considering the stimulus provided by the $1 trillion deficit and ultra-low interest rates. This is not an accident, or just a matter of bad luck: Trump’s brand is uncertainty, volatility, and prevarication, whereas trust, stability, and confidence are essential for growth. So is equality, according to the International Monetary Fund.

https://www.project-syndicate.org/c...ut-trump-economy-by-joseph-e-stiglitz-2020-01

 

[Rychek4]

I get your point, but at least we did get growth. The previous guy and his debt, not so much.

You could attribute much of Obama's growth to the mortgage recovery, but to say we did not get growth is dishonest.