Why isn't this Page 1 news?

Best growth since FDR

Can anyone, with a straight face, actually say or believe that this news wouldn't be Page 1, Breaking News for months on end, if it had happened under the Obama Administration?   Even if there was a ghost of a chance way that Obama could be credited for it you can imagine the gloating and reporting that would be out there. Yet because it's Donald Trump that is responsible, and the Republicans, you scarcely hear, or see, a word about it.   No headlines about record unemployment declines or about the Economy benefiting and getting stronger.  Hardly a word from CNN about the positive benefits of the Republican tax plan where many companies and cooperations are giving, to all their employees, bonuses and awards and raises crediting the future Tax Plan.

No ... what you do hear from CNN and MSNBC and NBC are panels of people spouting doom and gloom reports speculating that only the rich will benefit and about how this is going to be bad when everything to the contrary reveals that people are benefiting right now from the future reductions in the tax rate.

Apple repatriates billions of dollars to the US Economy, plans to bring future jobs to America and Americans, benefiting all kinds of American workers and benefiting the Country and helping reduce the National Debt yet the spin that CNN and the liberal press puts on it is that it Benefits Apple or that Apple Benefits as if they (Apple) are getting something they don't deserve.   What this is ... is Apple, like many other companies, is bringing back money they have had stored overseas, back into America, because they now can do so at a much reduced tax rate.   Before, as under Obama and the Democrats, Apple and the other companies, would've just kept their money overseas and paid zero taxes. 

At least this way they will at least pay some taxes on this money and America will benefit some where they would have benefited none under the old system. Still though, you can bet, you can guarantee, if the Democrats regain control they will re-establish the higher taxes yet again and re-establish the financial penalties on corporations and businesses thinking they are going to get more money in the long run.  When and if they do this, unless countered by the Republicans and/or Trump, then the economy and stock market will surely reflect the outcome and the, then, horrendous drops and bad news will surely be attributed to the Republicans and Trump, by the Democrats and the liberal Media when the real result will be their own fault.

Be as the Bereans ( Acts 17:11 )
Original Post
They can't hide the truth now, all their rating are down now and
MSNBC has just about tanked.
More people will turn to FOX for the truth in reporting, now that
the bimbo idiot Megyn Kelly was ran off.
She wasn't even included in the Olympics this year, embarrassing.!!

I doubt Kelly will reach the heights or potential that she had while at FOX when she initially got her first series show.  One thing she can bank on though and that is the money that NBC paid to get her but that didn't work out for NBC either.  

One would think that having or getting one to three Million Dollars salary would, if invested wisely, carry a person through to retirement.  That, though, is looking at it from North Alabama cost of living standards.   I'm sure she lives in some of the highest cost of living areas and in a home that has property taxes and/or association dues and maintenance fees greater than most of our homes worth, if taken all together.

A million Dollars is more than most of us or all of us will make or see in our lifetimes yet athletes and many others are getting multiples of these amounts annually and still having troubles in years to come.  Of course they live in areas like New York, Los Angeles, San Fransisco, and Washington DC where the cost of living is astronomical and mostly or totally Democrats are in control of the local Governments and Economies. 

Democrats are always saying they are for the little guy, the poor etc ... well that makes sense because they make so many of the American public poor and dependent upon Government.  

gbrk posted:

One would think that having or getting one to three Million Dollars salary would, if invested wisely, carry a person through to retirement.  That, though, is looking at it from North Alabama cost of living standards.   I'm sure she lives in some of the highest cost of living areas and in a home that has property taxes and/or association dues and maintenance fees greater than most of our homes worth, if taken all together.

A million Dollars is more than most of us or all of us will make or see in our lifetimes yet athletes and many others are getting multiples of these amounts annually and still having troubles in years to come.  Of course they live in areas like New York, Los Angeles, San Fransisco, and Washington DC where the cost of living is astronomical and mostly or totally Democrats are in control of the local Governments and Economies. 

Democrats are always saying they are for the little guy, the poor etc ... well that makes sense because they make so many of the American public poor and dependent upon Government.  

Starting this year, state property tax and income tax combined is capped at $10,000 as a federal income tax deduction.  Living in California, NY state, New Jersey and a few other states is going to get much more expensive. 

Going back to this item: Best growth since FDR

I might note that it is quite usual for the stock market to make a dramatic rebound when recessions end when investors see a path upwards. The spike in the stock market now occurred during the time when the market was already booming because the Federal Reserve had made the stock market the only game in town to invest in. Depending on which talking head on the business shows you believe, the market might fizzle later this year because the Eurozone is showing signs of growth and investors will divert money there or the stock market keeps going for another 2-4 years before the next bust. Of course, there is always the unforeseen and I would place the unknown aftereffects of the central banks unwinding their "quantitative easing" at the top of the list. 

I might also note that in 2016, the stock market was showing signs of peaking out due to the Federal Reserve's desire to unwind its economic stimulus:

Wall Street has worst start to year ever

https://www.reuters.com/articl...dUSKBN0UM1C020160109

I suspect that if it were Clinton in the White House instead of Trump that she would not only have kept the stifling regulatory apparatus going, but would have grown it even more as a good member of the "progressive" corporatist-socialist confederation (Democrat party). That spike in stock values last year was a collective sigh of relief by investors hoping real economic growth would come again.

 

I just love how the media and many liberals are bent on trying to tie the positives in the Economy backward to Obama and his Administration but his Administration was so miserable and horrible that there is no way they can.  

For so long Obama, the Democrats, and the media continued to try and look backwards and blame George Bush because the current data and results were so dismal but now that the current results are fantastic and positive and growing they wish there was some small way they could blame, or in this case give credit to the previous administration (Obama that is). 

Best answer to those who claim the  new prosperity is because of Obama:

When the GDP average growth was 1.8 percent for the last 8 years (worst recovery in over 100 years) we were told that 2 percent was he new normal.  Were you lying then, are you lying now, or do you even know how to tell the truth?

The question I'm wondering about is will there be enough positive results to most Americans to overcome the extremely biased and negative reporting by most all media with regards to Trump?  If not the Republicans could be looking at losing both the House and Senate.  If though enough people discover benefits to their income and economic situation under Trump then those Democratic gains could be mitigated.  

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