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Obama's gift to Trump: A 'pretty solid' economy
cnn.com ^ | 12/2/16 | Heather Long

Posted on 12/02/2016 11:11:25 AM PST by ColdOne

Unemployment is at its lowest level since 2007.

Home prices are back at all-time highs.

Growth is picking up. The economy expanded at a 3.2% annual rate from July through September.

Even the middle class is (finally) getting a raise in pay.

"President Trump really is inheriting an economy that's pretty solid," said Kevin Hassett, an economist at the conservative American Enterprise Institute, on CNBC Friday.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
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To: ColdOne
However, by the end of 2017, the news coming out of the economy will be WAY better: less onerous taxation and business regulations will result in a new economic boom kicking off the likes we haven't seen since the 1980's.
21 posted on 12/02/2016 11:31:05 AM PST by RayChuang88 (FairTax: America's economic cure)
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To: Cicero
We’re only down a trillion dollars or so.

Actually down nearly 10 trillion since obaMao took office.

.

22 posted on 12/02/2016 11:31:28 AM PST by repentant_pundit (Sammy's your uncle, but he behaves like a spoiled rotten baby.)
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To: repentant_pundit

Yes, thanks. I spoke off the top of my head. I should have checked.


23 posted on 12/02/2016 11:33:35 AM PST by Cicero (Marcus Tullius)
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To: ColdOne; All

Here comes the narrative so when Trump’s economy takes off, the 0bamatards can take claim and cover for their failures.

Putting this country 10 trillion more in debt, just to push a lie, should be seen as criminal, especially for the generations to come that will have to pay for that idiocy.

CGato


24 posted on 12/02/2016 11:39:37 AM PST by Conservative Gato
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To: ColdOne

And they have to keep pumping the lies so 3 minutes after Trump is sworn in, they can tell the truth and blame the mess on Trump.


25 posted on 12/02/2016 11:45:32 AM PST by trebb (Where in the the hell has my country gone?)
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To: thoolou

Next thing, they’ll have an Obozo miss me yet meme.


26 posted on 12/02/2016 11:56:01 AM PST by Lisbon1940 (No full-term Governors!)
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To: ColdOne

Fake news from a fake president.


27 posted on 12/02/2016 11:57:20 AM PST by WKUHilltopper
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To: EXCH54FE

It’s hard to find an accurate view on the economy so many different things factor in and biases. I know for me personally the last 8 years have been pretty good in architecture/construction in Texas, but then I know manufacturing in Ohio and Michigan has been terrible which helped Trump win those states. I never felt like the economy was terrible but maybe I was lucky living in a bubble in Texas.


28 posted on 12/02/2016 12:04:40 PM PST by Nomad577
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To: EXCH54FE

https://theconservativetreehouse.com/2016/09/21/cable-news-corps-reacting-to-scant-campaign-spending-frustrated-media-attempt-to-create-news/


29 posted on 12/02/2016 12:05:35 PM PST by CGASMIA68
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To: ColdOne

Obama threw $10 trillion at the problem and he thinks he was successful. Wow! How the hell does he think that debt will be paid off?


30 posted on 12/02/2016 12:06:43 PM PST by New Jersey Realist (America is the land of the free BECAUSE of the brave)
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To: ColdOne

Give it up, you b***hole. Nobody believes you any more, Hussein.


31 posted on 12/02/2016 12:08:18 PM PST by JustaCowgirl (Father, guide us in how to Make America Great Again.)
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To: ColdOne

UnrealNews. With more than 90 MILLION Americans out of the work force, I’m sure the unemployment numbers are looking good..


32 posted on 12/02/2016 12:09:05 PM PST by IronJack
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To: ColdOne

Dems and the media are setting the bar so low that Trump is almost guaranteed success. Obama can claim “recovery summer” and put out all the bogus numbers he wants but people have a feeling about the economy from the lives of themselves and their friends and family. If this is “pretty solid” Trump’s economy is almost guaranteed to be “spectacular”.

In other areas, Trump will clear the bar of success unless he
* Raises a Nazi flag over the white house
* Holds public lynchings of innocent blacks
* Tells border patrol to shoot immigrants (legal or not) on sight
* Surrounds hospitals with armed guards to keep the poor out

You’d almost thing the media is working for Trump rather than the democrats by setting expectations so low.


33 posted on 12/02/2016 12:12:51 PM PST by LostPassword
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To: IronJack; All

http://portalseven.com/employment/unemployment_rate_u6.jsp


34 posted on 12/02/2016 12:13:18 PM PST by ColdOne ((poochie... Tasha 2000~3/14/11~WE DID IT DEPLORABLES!EraseThe0bagambiLegacy!)
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To: ColdOne

Fake News at it’s best!

Funny that most of my Industrial Business neighbors are in the process of planning to expand and hire now the Trump is the President-Elect.


35 posted on 12/02/2016 12:16:24 PM PST by Roman_War_Criminal
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To: ColdOne

It’s like 1980 all over again.


36 posted on 12/02/2016 12:19:01 PM PST by <1/1,000,000th%
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A full septic tank with good leech field is very solid.


37 posted on 12/02/2016 12:26:13 PM PST by USCG SimTech
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To: ColdOne

So Bush ruined the economy for Obama, Obama gave Trump a great economy, got it ...


38 posted on 12/02/2016 12:28:17 PM PST by Scythian_Reborn
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To: ColdOne

HA HA HA HA HA HA HA HA HA HA HA HA ...


39 posted on 12/02/2016 1:05:09 PM PST by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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To: Nomad577

I know how you feel. It is not those with skills that have been really hurt but those that had the high paying manufacturing jobs that paid 40-60k to stand and watch a machine do most of the work. I’m in Industrial Maintenance and get 3 or 4 calls a week asking if I’m interest in a new job or can recommend someone


40 posted on 12/02/2016 3:12:15 PM PST by Kadric
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