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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (115559)	3/24/2019 10:28:05 PM
From: combjelly	2 Recommendations Recommended By bentway John Koligman Read Replies (1) \| Respond to of 361821

From Q4'17 to Q4'18 it was sustained. Well, if you are just going to make up numbers, why not claim 10% per quarter? Because it was only over 3% twice in that time period. Every other quarter it was closer to 2%. That isn't sustained. Just like under Obama, from Q2'14 to Q2'15 it was 3% or above except for one quarter. During that period, the high was over 5% and the period you cite for Trump it was a little over 4%. And it has dropped every quarter since that peak for Trump. One year is "sustained" it is the first time 3% has been hit in more than ten years. Well, if you are just going to make up numbers, why not claim a century? statista.com The trend so far is not to 4%. The trend is to 2%. Like it has been historically for decades. It is wrong to suggest that stock buybacks are somehow a bad thing. They are great for executives. For everyone else, including investors, not so much. But that is irrelevant. We were promised that much of the tax cut would go to new hiring and increased wages. It didn't. Some did, that is true, but the overwhelming majority did not. You excitedly pointed to the companies that lined up and pledged the tax cut was going to those things in support of Trump's statements. The reality turned out to be very different. Some of those things were just a restatement of previous things that were announced well before the tax cut. Others never materialized. I guess this was just another case of Trump bullshitting us, huh? See, for us reality-based, things are differently than those who are faith-based like yourself. Your numbers are plucked out of the air to support the man you love. And that is touching, I suppose. But it doesn't make them real no matter how much and how hard you wish.