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Originally Posted by Guest
Do you get out much? From Politico:
The latest numbers show the president-elect will in fact inherit a fairly robust economy with the lowest jobless rate in nearly a decade, record home and stock prices and a healthy growth rate.
It’s a radically different position from the one President-elect Barack Obama found himself in 2008 with markets crashing, the financial crisis spinning out of control and joblessness headed toward 10 percent.
Trump instead will take office with an economy near full employment and wages and spending rising. The economy is in such strong shape that the Federal Reserve is likely to raise interest rates again later this month to try and cool things off.
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Chi, you finally crawl out of your shell and make more than a one liner and you screw it all up.
Please go to the BoLS and get yourself armed with some real statistics so that you won't look so pitiful.
There are over 14 million more Americans not in the labor force than in 2008. And what's today's population?
There are almost 3 million more at poverty level than 2008
There is over 10 million more food stamp recipients than in 2008.
This is the only administration in history that did not have a yearly average GDP growth of 3%. A record, but not a good record.
And you suggest that Trump is going to get a gift from Obie? Sorry, but this is the predominant reason Trump got elected, because of the terrible economy.