Common
11-19-2017, 07:19 PM
Safety seems everyone thinks your wrong even the liberal Washing Post and La Times
Great Job Mr President people that want to work, thank you :)
In 2016, the U.S. economy served as a punching bag for then-candidate Donald Trump (http://www.latimes.com/topic/politics-government/donald-trump-PEBSL000163-topic.html). Today, it has become a lifeline for an otherwise embattled presidency.
Trump has increasingly grabbed for that line, touting low unemployment, record high stock market values and healthy economic growth rates in speeches and his ubiquitous tweets.
Reactions from voters, even some who are otherwise skeptical of the president, show how the economy’s strong performance has bolstered Trump’s standing.
At a recent focus group that Peter Hart, a longtime Democratic pollster, conducted in Wilmington, N.C., for Emory University, even participants who voted for Trump last year sharply criticized his administration, calling it “chaotic” “embarrassing” and disappointing.
Of the five Trump voters among the dozen participants, only one still strongly supported the president. The harsh critiques from the other four followed a pattern that Hart found earlier this year, illustrating how a segment of Trump voters, mostly college-educated and middle- to upper-income whites, have turned against him (http://beta.latimes.com/politics/la-na-pol-trump-defectors-20170830-story.html) because of his behavior.
But when the subject turned to the economy, opinions of Trump noticeably warmed.
Trump wants to “bring the economy jobs — infrastructure, construction,” said Katrina Harrell, a 38-year-old black self-employed businesswoman who voted for Hillary Clinton (http://www.latimes.com/topic/politics-government/government/hillary-clinton-PEPLT007433-topic.html) last year. Harrell was extremely critical of almost all other aspects of the administration, but on the economy she gave Trump credit.
“I think those are good moves,” she said. “I mean, that's what he knows — business.”
Another Clinton voter, Jacob Eubank, a 35-year-old, white administrator at the University of North Carolina campus in Wilmington, shared a similar view.
“I think he's good just for the stock market,” he said.
Michael Leimone, a 41-year-old cook who voted for Trump last year but now finds him disappointing, praised his economic record.
“I think he's turning it in the right direction,” he said.
Comments like that exasperate Democratic officials, who say that there’s little evidence to back Trump’s claim that his election has worked a turnaround in the U.S. economy.
The unemployment rate, for example, has dropped steadily for more than eight years. It was at 5% or below throughout 2016 — at a time when Trump sometimes said official unemployment statistics were fake — and the downward trend continued this year. Unemployment now sits at just over 4%.
Similarly, the stock market was on the rise for almost all of President Obama’s eight years in office and has continued to tick upward since Trump’s election.
Moreover, few of Trump’s economic policies have actually been adopted.
His trade policies mostly remain as rhetoric. He withdrew from a proposed 12-nation trade agreement in Asia, but it had not yet taken effect. Other deals that he had lambasted remain intact.
The tax cut bill making its way through Congress would be the first major piece of economic legislation to pass in his tenure.
The biggest policy steps from his administration have mostly involved efforts to roll back federal environmental regulations, but even on that front, many of the largest efforts remain works in progress.
Trump would not be the first president to gain politically from a good economy that he didn’t fully bring about — or suffer from a bad one that wasn’t his fault.
Presidential popularity typically rises and falls with economic performance even though economists generally agree that presidents have limited ability to affect the short-term ups and downs of the business cycle.
http://www.latimes.com/politics/la-na-pol-trump-economy-20171119-story.html
Great Job Mr President people that want to work, thank you :)
In 2016, the U.S. economy served as a punching bag for then-candidate Donald Trump (http://www.latimes.com/topic/politics-government/donald-trump-PEBSL000163-topic.html). Today, it has become a lifeline for an otherwise embattled presidency.
Trump has increasingly grabbed for that line, touting low unemployment, record high stock market values and healthy economic growth rates in speeches and his ubiquitous tweets.
Reactions from voters, even some who are otherwise skeptical of the president, show how the economy’s strong performance has bolstered Trump’s standing.
At a recent focus group that Peter Hart, a longtime Democratic pollster, conducted in Wilmington, N.C., for Emory University, even participants who voted for Trump last year sharply criticized his administration, calling it “chaotic” “embarrassing” and disappointing.
Of the five Trump voters among the dozen participants, only one still strongly supported the president. The harsh critiques from the other four followed a pattern that Hart found earlier this year, illustrating how a segment of Trump voters, mostly college-educated and middle- to upper-income whites, have turned against him (http://beta.latimes.com/politics/la-na-pol-trump-defectors-20170830-story.html) because of his behavior.
But when the subject turned to the economy, opinions of Trump noticeably warmed.
Trump wants to “bring the economy jobs — infrastructure, construction,” said Katrina Harrell, a 38-year-old black self-employed businesswoman who voted for Hillary Clinton (http://www.latimes.com/topic/politics-government/government/hillary-clinton-PEPLT007433-topic.html) last year. Harrell was extremely critical of almost all other aspects of the administration, but on the economy she gave Trump credit.
“I think those are good moves,” she said. “I mean, that's what he knows — business.”
Another Clinton voter, Jacob Eubank, a 35-year-old, white administrator at the University of North Carolina campus in Wilmington, shared a similar view.
“I think he's good just for the stock market,” he said.
Michael Leimone, a 41-year-old cook who voted for Trump last year but now finds him disappointing, praised his economic record.
“I think he's turning it in the right direction,” he said.
Comments like that exasperate Democratic officials, who say that there’s little evidence to back Trump’s claim that his election has worked a turnaround in the U.S. economy.
The unemployment rate, for example, has dropped steadily for more than eight years. It was at 5% or below throughout 2016 — at a time when Trump sometimes said official unemployment statistics were fake — and the downward trend continued this year. Unemployment now sits at just over 4%.
Similarly, the stock market was on the rise for almost all of President Obama’s eight years in office and has continued to tick upward since Trump’s election.
Moreover, few of Trump’s economic policies have actually been adopted.
His trade policies mostly remain as rhetoric. He withdrew from a proposed 12-nation trade agreement in Asia, but it had not yet taken effect. Other deals that he had lambasted remain intact.
The tax cut bill making its way through Congress would be the first major piece of economic legislation to pass in his tenure.
The biggest policy steps from his administration have mostly involved efforts to roll back federal environmental regulations, but even on that front, many of the largest efforts remain works in progress.
Trump would not be the first president to gain politically from a good economy that he didn’t fully bring about — or suffer from a bad one that wasn’t his fault.
Presidential popularity typically rises and falls with economic performance even though economists generally agree that presidents have limited ability to affect the short-term ups and downs of the business cycle.
http://www.latimes.com/politics/la-na-pol-trump-economy-20171119-story.html