nightrider, you need give proof for your arguments. Without Trump, the economy would be in different situations, why? You did not give any, which means the facts I gave here still stand!
BTW, nobody could predict the length of economic cycles. That is the truth!
nightrider 发表评论于
黑猫-警长:
It is pretty ironic, that the source you quoted were dressing up speculation as facts. Example: "gains have largely followed along the same lines of an expansion that started more than a decade ago under Obama." By what reason or rhyme your source and you insisted the economic cycle period was longer than usual or that had the president been a Democratic one such as Hilary that the economy cycle would have turned South long ago? It is nothing but speculation and the worst kind, wishful thinking.
Besides, it is a fact that the liberals such as Paul Krugman forecasted stock market melt down from the moment Trump took office, in stark contrast to the FACT.
黑猫-警长 发表评论于
Reply to keeperX, what is not a fact? Economic cycles do not have fix time to turn the cycle. Sometime it last longer. Nobody could have a timeline to economy.
keeperX 发表评论于
黑猫-警长:现在的所谓fact-check为何加了这么多站不住的私货？
比如gains have largely followed along the same lines of an expansion that started more than a decade ago under Obama.问题是按照经济周期，几年前就应该回调了。
黑猫-警长 发表评论于
THE FACTS: The U.S. economy indeed is healthy, but it’s had plenty of hiccups during the Trump administration.
Trump never quite managed to achieve the liftoff he promised during the 2016 election. Instead, gains have largely followed along the same lines of an expansion that started more than a decade ago under Obama.
Total economic growth last year was 2.3%. That is roughly in line with the average gains achieved after the Great Recession — and a far cry from growth of as much 3%, 4% or more that Trump told voters he could deliver.
The tax cuts did temporarily boost growth in 2018 as deficit spending increased. But the administration claimed its tax plan would increase business investment in ways that could fuel lasting growth. For the past three quarters, business investment has instead declined.
It’s too soon to judge the impact of the updated trade agreement with Mexico and Canada as well as the pact with China. But Trump premised his economic policy on wiping out the trade gap. Instead, the trade deficit has worsened under Trump.
THE FACTS: Trump is taking credit for a U.S. oil and gas production boom that started under Obama. The U.S. Energy Information Administration says the U.S. has been the world’s top natural gas producer since 2009, top petroleum hydrocarbon producer since 2013, and top crude oil producer since 2018.
That’s owing to a U.S. shale boom that has driven production up since 2011, not to deregulation or any other new effort by the Trump administration.
