US economy breaks record with post-recession expansion

Fox Business ^ | July 01, 2019 | James Leggate

[USS Alaska]

Fox Business are indistinguishable from any other outlet of the Ministry of Propaganda.

You missed Varney, Reagan, Dobbs and Charles Payne. These are four good American citizens that are reporting real news with very little left wing BS.

[Lurkinanloomin]

Varney is great.
I’m usually working when he is on, but recently on vacation I got to watch quite a bit of his show.

[Dark Knight]

Didn’t Paul Krugman take all his investments and convert them into Venuzualan Bolivars when he predicted Trump would trash the economy?

DK

[knarf]

Don't think the Asian countries are not paying attention

rice production in the USA

[Kickass Conservative]

>>>But this current expansion period has averaged just 2.3 percent growth per year<<<

So now they are trying to link the Trump Administration with Obama’s slowest Recovery since the Great Depression.

POTUS Trump is raising the average.

[353FMG]

Trump’s blessed fault.

[volunbeer]

Obamacare was a big part of it, but just as damaging with less notice was the increase in regulations that exploded under Obama. Businesses had to contend with Obamacare and it definitely hurt them, but the regulatory burdens and uncertainties for business owners hurt also.

My point was that the pumping by the Fed masked all of the negative undercurrents as people did not see Wall Street taking a dive, but it was based on free money to invest and not economic strength and certainty.

[pfony1]

Was it the NBER that reported:

“...All Americans haven’t benefitted (sic) from the growth equally...” ?

SO WHAT?

Is there ANY evidence that ANY “recovery” in all of history EVER effected every single person “equally”? No?

So the “standard” that the NBER tries to use to “prove” that a “good” economy is really “BAD” is itself BOGUS.

So much for calling “economics” a “science”.

Clearly, the “in-breeding” of academic “theories” has led to defective results...

[Yardstick]

...Obama’s slowest Recovery since the Great Depression...

---

Nailed it with “slowest”. The media prefers “longest” but “slowest” is the better word.

[NELSON111]

Be prepared for him to have to take the blame next year when it tanks...just sayin'...'cause chances are very high we will have a melt-up this fall and winter IF the FED lowers rates and we get a trade deal...and then a big crash next spring and summer.

The big bankers are going to crash it just in time for the election just like the SNB did when they unpegged the EURCHF...it's that easy for them. They'll short the market and get the globalist they want.

And a true sign of how delicate this market is is the fact is that is tanks every time we speak of raising interest rates above 2 1/2%...which is ridiculous. Most big companies have used their tax cuts for stock buy-backs (another reason the market is where it is)...and stock buy-backs were at record highs last year.

There are MANY reasons the market is where it is...and a lot of it is an illusion.