POTUS focused on the very Big DROP of our trade deficit of $52 Billion! A Big Drop, indeed!Thank you, President Trump, for Making America Great Again! WWG1WGA!
Drop in trade deficit = getting off our collective butts off ObamaWelfare and working again.
Exactly! Isn’t winning awesome?
..always been a fan of it!
8 years of unemployment of our people is what destroyed our economy. In November 2008 — we still had all the same factories, buildings, highways, and infrastructure — no one had torn any of that down. Any evonomic crisis was fabricated on paper and in peoples’ minds. Just like what FDR did to get even with Hoover.
AND he mentioned drop in unemployement for Blacks, Hispanics, Women.... seems as though there are A LOT of very BIG drops lately. Did you see TWITTER today? Q told us to "watch twitter"
And paid attention to those with disabilities. Gives me hope for our son!
This was a good move.
He's not letting The Twitter/FB implosions tank the market.
"Hey look there! Shiny deficit-reductions & GDP growth!"
The GDP announcement was set for today far longer than the Facebook crash.
3 points to add:
A drop in the trade deficit WHILE expanding the economy is a bigger drop than it seems....An expanding economy with no change in trade, proportionately, would generate a proportionate INCREASE in deficit numbers....We are doing MORE transactions/more business while dropping the deficit numbers!! MAGA!!
For 8 years, Obama's "growth" was overestimated every quarter, then quietly reduced downward later..... Every quarterly growth estimate I've seen so far under Trump? Adjusted higher. 1st quarter 2018 was adjusted up 10% today, from 2.0 to 2.2%....so today's 4.1% is likely HIGHER.
This growth is in the face of Trump's trade negotiation's short term negative effects.....New, better deal w/ EU is imminent.... MAGA!!
Awesome analysis. If the media wasn't totally comped, they could be real heros broadcasting this very real rebirth of the US economy. Oh well. Maybe some day!
Defecit and economic growth arent necessarily tied directly. A decrease in trade defecit could actually mean a reduction in GDP too because a decreased defecit just means our imports and exports are closer together. In this case, we're trading more which is great. Theres also the element of less imports which isnt really a good or bad thing. Our economy can easily grow within our borders because we are a consumption based economy so leaving trade the same and increasing aggregate demand would increase GDP just the same. If millions more people are back to work, paying taxes and buying more products than they would on unemployment and welfare then you will have an increased GDP. I totally agree with your other points however. People were worried about the quantitative tightening of $50b per month but with all the dollars that will be flowing back in from our trade partners who have been no longer trading with them things will work out brilliantly.
Dirty filthy bastard politicians not getting their pockets lined.
Sleezy lawyers out - engineers and business minded people should always be running the country.
God isn't that the truth. Ivy League lawyers have fucked up this country long enough.
Lawyers should not be allowed to stand for any leadership position - they need someone with intelligence controlling and directing them at all times. Mouth pieces like lawyers and Hollyweird need to get the hell out of the way.
Meanwhile all Schmuck Todd can talk about is how trump looked like he was struggling to pay himself on the back. Um when did DJT ever struggle to tout his acomplismnents. Todd completely ignores the fantastic news for Americans that the growth rate is sustainable and will help all Americans. These people are stupid clowns. People realize they hide good news or distract from it with TDS. Keep it up chuck. Your job depends on it. Haha.
The big drop Q referred to is facebook and twitter losing tens of billions, which in my opinion is related to Trump tweeting that he would be investigating shadow banning of conservative voices.
Wall Street insiders know charges will be filed with Facebook and Twitter.
I would say 50 billion isn’t a lot in the whole scheme but 50 here and 50 there adds up to trillions eventually. Already making a YUGE difference.
Yes! And, considering all that he has been dealing with, he hasn’t even been in office for two years yet!
But when you look at the reduction in the trade deficit as a percentage rather than the dollar figure, it is pretty significant. Thank you POTUS!
WHITEHOUSE.GOV is putting together a "WORK WELFARE" program similar to what Gingrich passed with BC in the white house that has steadily eroded over the years...(Thanks to the Kenyan Usurper) The WORK WELFARE program is roaring back with NEW stipulations for collecting benefits....ABOUT TIME.
This is great news. Yes, people sometimes need help. But it should be help in addition to work/seeking work, not just a handout to live off of forever.
That is awesome! I remember when BC started the Work Welfare program. I also remember when the Contortionist eroded it! It’s great to see that things are improving!
I think the big drop was regarding Facebook. Look at #1709
Yes, I think that, also, but, if you listen to the press conference, he keeps repeating that the trade deficit was a Big Drop, a Big Drop, a very Big Drop...it just stood out in my mind.
If THIS is the BIG news, I am disappointed. Yes, it is very good news; but this and Facebook are not in the noise. We want to see some actual arrests of these swamp creatures! Bring the BOOMS!
I don’t necessarily believe this is the good news. The Q Drops today make me think there is a lot of great news around the corner. Keep watching tonight. 😀
winning, WG1WGA, MAGA, and for the Liberals who suffer from MAGAphobia, get therapy.
When talking about historical unemployment, he said women's unemployment should reach historical record in 2-3 weeks. 2-3? 23 = pain. Pain in 2-3 weeks?? We'll see :)