Presidents don't control the economy. Often, they barely influence it. Bad Sept '17 job numbers were caused by weather. Hurricanes disrupted hiring, which, as predicted, rebounded afterwards. Oct '17 had best job growth of the year. Neither number said anything about Trump.
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Most likely cause of high Q2 GDP growth is businesses rushing to get ahead of the trade war. They moved decisions up, which likely means less growth in Q3/Q4. Weirdly, this is one of the few times it's the president's doing. But that doesn't mean tariffs are good for the economy.
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I know people want to treat politics like sports, and econ numbers provide a way to keep score. But quarterly GDP growth is a short-term snapshot. So is monthly job growth. And reading into daily stock market movements is worthless. Either way, says very little about POTUS. (END)
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Not all money is good money mostly rich on the lives of dirt poor like Zuckerberg selling us out so many other examples Bezo's off pure cheap labor, Apple of the lives of Chinese workers...Bangladesh
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More growth is almost always better than less growth (arguable exception is inflating bubbles). When the economy slows, a lot of the pain falls on the working and middle classes. And conditions for them are usually the slowest to recover.
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