More than 6 in 10 Americans feel better off last 3 years: #MAGA

This statement isnt about any politicians. Wages are catching up to the job market. I think the job market is incredible. I have no explanation for it but with unemployment being so low for so long, wages were bound to catch up. That being said i would have like to have seen minimum increased to $10 nationally at least 5 years ago.

 

https://www.pewresearch.org/fact-ta...rs-real-wages-have-barely-budged-for-decades/

Real wage growth has been around 2% since Trump took office.

2% real wage growth for the average household isn't changing people's outlook on how they spend their disposable income. This economy is purely being grown from consumer debt.

 

I brought this up in the Economy thread that yes this economy is doing very well and I've personally benefited from it.The people who I know aren't actually doing well in it are Trump supporters. Largely because they live in an ex-urban and rural areas that have taken a hit from loss of farm sales to the PRC. Are struggling with higher health care costs and are higher materials and labor costs as contractors.

Also as other posters have noted that Trump can't clear a 50% approval rating with this type of economy is very telling. When Bill Clinton was impeached with a hot economy he had an approval rating in the 70's.

 

Instead of Obama phones and billions of dollars in funding for food stamps, welfare and housing aid...AKA SOCIALISM, you have subsidies for Special Interests like farmers and no strings attached kickbacks to jerb creators, like Carrier , touted as Blue Collar stimulus.

Someone's getting paid, and the people who can afford advertising will say it's for your own good

 

Here is the other problem with the tax cuts and this was part of the problem in 2008 even though it was down the list.

You used to be able to count on fiscal responsibility during good times to leave room for cuts during bad times. We have had tax increases as recent as Clinton. Obama let some Bush tax cuts expire. Bush gave the budget surplus back. I understand the argument the government shouldn't make money, but making money is needed after years of deficits. Whatever

 

https://www.frbatlanta.org/chcs/wage-growth-tracker

Obama's best month of wage growth was Nov 2016. Its better than any Trump month. Now think about that and voter ignonance overall. Both parties were running away from Obama's economy in 2016. Obviously Republicans do but so was Bernie and Clinton's biggest problem was no economic vision.

I try to avoid overly political judgements but voodoo economics is sooo stupid. How many times do we need to collapse after lax regulations/minimal taxes. There is no evidence the job market has been boosted by the slash in corporate taxes. Things are steady humming and have been

Edit: i was concerned about wage growth. Got to give the trust the market crowd credit on that one. The problem has been disparity as much as growth but looking at disparity you can't compare people living off investment to people living off wages.

Edit: Sorry, got to get this in. i think the middle class have done okay, however free tuition will go a long way to helping the middle class. Tuition for college and trade schools. It would be tremendous for both students and parents obviously

 

I misread the title as "More 6' 10 inch Americans feel better of last 3 years"

Then I thought of Clint Capela... and that title still makes sense.

Sorry big fella. Times were good together for sure.

 

But Capela isn't American. So your read on the title could still make sense.

 

Republicans only want to cut when a Dem is president so they can hurt economic growth and win elections.

 

I don't think they will. Current numbers in the Democratic primaries support this. The candidates out there don't energize them. I think there will be a fairly low Democratic turnout. The question is more what will Republican turnout be.

 

Democratic turnout in NH outpaced 2016 by a longshot and slightly surpassed 2008, setting a new record. Every election since Trump was elected has had crazy turnout numbers on the Democratic side, regardless of the candidate or even when people knew very little about the candidates in state elections or smaller congressional elections. What makes you think 2020 will be any different?

 

I've always been an economic conservative - hate this deficit spending unless its necessary to combat economic downturns and I don't really like it then , just realize its necessary.

Economic conservatives have all but been forgotten , neither side of the isle is trying to win our votes , they just ignore us and hope that we'll vote for them based on some other hot button issue.

Talking about economic conservatism is kinda wishful thinking .... I've given up

 

6 in 10 Americans and 100% of Trumpanzees are probably in the dark about how Trump is deficit spending to fuel the economy.

Of course deficits are great as long as a Republican is running them up.

 

But we haven't been in an economic downturn and Trump has still increased deficit spending, and our debt. The very same people who were so very concerned about and joined the Tea Party have vanished even though the problem has gotten worse.

My question is why were they more upset when the problem was not as bad as it is now? What has changed?

 

The "Kenyan" is gone, that's the difference.

 

Amazon paid 1.2% taxes on $13 billion in profit last year. Pat yourself on the back

 

The facts don't bear this out, but it does show the power of perception. The media has consistently repeated "but the economy is great" mostly in reference to just a few data points which were actually stronger in Obama's last few years.

But if the media repeats it over and over again people believe it, and it's a self fulfilling prophecy from a consumerism standpoint.

 

Feels like I’ve seen this movie....

Tax cuts, deregulation, rock bottom interest rates, and tons of public spending.

Difference being this is tech boom instead of a housing boom. However, the tech boom of the 90s popped to be reinflated with the housing boom.

Want to bet the GOP uses “makers and takers” and “austerity” once this economy turns and the opposition comes into power.

 

Obama certainly had his unique criticism due to being black but Republicans can't even give Clinton credit on his economy. They take the credit. They give Hitler the credit for starting WWII thus getting the economy going and totally ignore The New Deal and give no credit to FDR .

Even worse when Bush has the Great Recession they say there were still too many regulations. Its not worth entertaining really as most issues have become with them.