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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNeed some negative numbers for the Trump presidency
I'm trying to put together some info on Trump that has been negative, because it seems like Trump tweets great praise for the economy and himself, and the media just follows along.
So far:
1) Job creation is down under Trump, approx 185,000/month the first 16 months under Trump and 223,000/month the last 16 months under Obama
2) After inflation, wage growth is down
3) Gas prices up
4) The national debt is way up
5) Annual deficit way up
6) Government borrowing over $100 billion/month to stay afloat
7) Violent crime rate up in 2017 versus 2016
What else is out there that I can use?
Thanks
Fresh_Start
(11,330 posts)nt
Fresh_Start
(11,330 posts)nt
NewJeffCT
(56,828 posts)were through 2016, which was an increase over 2015
NewJeffCT
(56,828 posts)have health insurance
good one.
GeoWilliam750
(2,522 posts)Worst performing major stock market in the world in US Dollar terms since his presidency began (the opposite of Obama) - despite the major tax cuts for corporations.
Sharply lower bond market resulting in downward pressure on real estate prices, and people's real discretionary spending.
NewJeffCT
(56,828 posts)thanks
quartz007
(1,216 posts)is the coming real-estate debacle, a repeat of 2009-2010-2011 period.
NewJeffCT
(56,828 posts)after increasing in 2017.
mia
(8,361 posts)Housing prices are increasing in the Miami area.
quartz007
(1,216 posts)Before the prices collapsed, many locales experienced galloping prices, right up to the end.
Things which are common between previous real estate bubble and now.
> Prices are increasing faster than people's incomes.
> Many loans are being issued without adequate down payments and ability to make loan payments.
Add to to that rising mortgage rates.
I would not buy any housing right now except fixer-uppers at bargain price.
progree
(10,909 posts)There was an article a few months ago that went into this... probably still true or even more true now...
Awsi Dooger
(14,565 posts)And notice the stock market threads have all but disappeared around here.
Up again today
NewJeffCT
(56,828 posts)if France and Germany's stock markets beat out the US, it makes Trump look bad since they're kicking our asses (in Trumpian terminology)
And, one day of the market being up doesn't make for much bragging - if the economy was great, the market would be up far more for the year to date. Dow closed at 24,719 on 12/29/17. As I type this, it's at 24,809 this afternoon. That's basically flat for the year.
progree
(10,909 posts)Just like his job growth numbers over his 16 months have been very good...
but not as good as Obama's last 16 months.
quartz007
(1,216 posts)brush
(53,791 posts)All because of trumps pronouncement on tarriffs and Amazon and the PO and on and on.
It's basically stuck in a range and not going anywhere.
Achilleaze
(15,543 posts)Sad.
* aka republican Draft-Dodger-in-Chief
underpants
(182,829 posts)This year our business has experienced significant, unplanned increases across major commodity markets - including crude, aluminum, and PET (polyethylene terephthalate) - along with unprecedented rises in transportation and logistics costs. Aluminum tariffs represent further unplanned inflation.
NewJeffCT
(56,828 posts)Dunkin Donuts just increased prices this past month
quartz007
(1,216 posts)gas, rent, medical bills, mortgage rates, and grocery prices are all creeping up and picking up speed.
By Nov 2020 only housing & stocks & bonds will be lower.
Everything else will be higher.
cyclonefence
(4,483 posts)but I couldn't find statistics for any year later than 2016.
NewJeffCT
(56,828 posts)i appreciate it
Garrett78
(10,721 posts)NewJeffCT
(56,828 posts)If he's still around in 2020, the media will still report every tweet and every word that he utters. The daily Trump scandal(s) will soon be forgotten when something new comes along the next day with that days daily scandal(s). Meanwhile, the Democratic nominee will have one or two mostly manufactured scandals to combat throughout the lengthy campaign and people will have forgotten most of Trump's 300 scandals in 2020 and weight those against the Democratic nominee's handful.
MichMan
(11,938 posts)They are still lower than they were in 2014.
NewJeffCT
(56,828 posts)most of the time
Eliot Rosewater
(31,112 posts)TREASON