Moneymoney

Thu Jan 17, 2019, 11:35 AM

Trumps Numbers January 2019 Update

Summary

In the time Donald Trump has been in the White House:

The economy added 4.6 million jobs, including nearly half a million in manufacturing.
Economic growth quickened, but not as much as Trump promised.
The number of regulatory restrictions stopped growing.
Carbon dioxide emissions stopped falling, and have increased 1.4 percent under Trump.
Illegal border crossings have gone up.
Only 22,774 refugees resettled in the U.S. last year — down 76 percent from 2016.
The trade deficit increased 20 percent.
The federal debt rose by $1.7 trillion; annual deficits accelerated.
After-tax corporate profits soared to the highest on record.

https://www.factcheck.org/2019/01/trumps-numbers-january-2019-update/

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Reply Trumps Numbers January 2019 Update (Original post)
uncledad Jan 2019 OP
freedumb2003 Jan 2019 #1
nolidad Jan 2019 #2

Response to uncledad (Original post)

Thu Jan 17, 2019, 12:31 PM

1. Just a reminder that the debt is NOT under POTUS control

 

Every other metric is controlled or heavily influenced by POTUS.

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Response to uncledad (Original post)

Thu Jan 17, 2019, 04:54 PM

2. Well CO2 emissions have been falling steadily under Trump

https://www.statista.com/statistics/183943/us-carbon-dioxide-emissions-from-1999/

We still have a more robust economy than Obama said we would ever have again! Gutting the unfair trade deals does have short term pain.
Border crossings? More are trying before Trump gets the wall and electronics in place.
Refugees are decided not because their nation is poor or even crime ridden! But they are being persecuted or their nation is war torn. Trump is simply enforcing the rules.

The trade deficit would have risen because the US is the nation growing the fastest on the globe. If he gets the trade deals all put to bed- that will shrink drastically in 2019.

Yes corporate profits rose!

Corporate profits in the United States rose by USD 69.3 billion, or 3.5 percent, to an all-time high of USD 2,076.8 billion in the third quarter of 2018, following a 2.1 percent increase in the previous period and above the preliminary estimate and market expectations of a 3.3 percent gain, final figures showed. Undistributed profits advanced by USD 41.7 billion, or 5.3 percent, to USD 826.2 billion; and net dividends increased by USD 27.6 billion, or 2.3 percent, to USD 1,250.6 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, grew by USD 56.1 billion, or 2.2 percent, to USD 2,614.3 billion. Corporate Profits in the United States averaged 477.54 USD Billion from 1950 until 2018, reaching an all time high of 2076.82 USD Billion in the third quarter of 2018 and a record low of 14.70 USD Billion in the first quarter of 1951.

But so didn't emp[employment, productivity, and dividends paid to stock holders!

And while that enriched the owners it also enriched millions of Americans with pensions invested in the markets, millions whose state and municipal retirements are heavily invested in the market and individuals who invested to get a decent nest egg for retirement!

Other than the deficit and debt rising- you have a problem with any of these that are benefiting millions of Americans???

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