The economy is not in the best of shape presently, and this becomes even more obvious the more the administration tries to pressure the Federal Reserve Board to further lower interest rates, and yet the pundits continue to claim that things are going well.
One thing is for sure, this isn’t the rapid growth economy we were sold.
By every objective measure, the economy has been at best mediocre, and, when compared to the performance of the economy since Reagan, this economy has been flaccid, especially in 2019.
The current administration is desperate to have American voters believe their blatant mediocrity is somehow better than the blatant mediocrity of the prior administration…
In what upside down world is “below average” synonymous with “booming”?
This economy isn’t “better”, and it sure as Hell isn’t “great”.
Bragging about a 3.6% unemployment rate with 62.8% labor force participation is like bragging about how well a cupcake fits in a ring box. No one wants that cupcake or the ring box.
Is this a healthy economy?
Are we missing something?
There are a lot of indications, not least of which the rhetoric coming out of the White House, that the economy is not as strong as has been sold.
While the American left would have everyone believe that banks and investors were to blame for the 2006-2008 subprime mortgage crisis and the resulting recession (and they do share some part of the blame), it’s not quite that simple.
The only thing keeping the United States economy out of a significant recession have been low interest rates…
It is obvious something is holding the economy back, but no one is dealing with the underlying problem.
Trade talks with China remain a wild card that can stave off an economic slowdown in 2019, or, if things go south in trade negotiations, take the economy of both countries down with it.
There are some fairly unusual things about the economy in the Trump Era, that are reminiscent, albeit opposite, of the Carter Era.
As rosy as the economic data seems, there’s still some pretty serious questions hanging over this economy.
How do you operate a national economy, let alone the global economy, on a commodity so small that an errant box fan could conceivably wipe out an individual’s wealth?
Donald Trump whined about the Federal Reserve doing what it has to do to cut off rising inflation rates…
[T]he president’s misbegotten policies are presently the biggest factors in the market today.
The fact that so many Americans are not participating in the labor force today, a problem that exploded under Obama, so he bears responsibility, is the single largest problem facing America today, and Trump and his supporters never talk about it.
Americans should remain skeptical of the rosy picture painted by the latest jobs report, because fundamental problems in the economy remain.