The most ALARMING chart you will see today - Trump's poll numbers for handling the economy.

[Doodley]

Trump's tax cut massively increases the national debt and transfers wealth from the poor and middle incomes to the very wealthiest. The Koch brothers alone will save over a billion dollars a year and immediately thanked Paul Ryan with a half million payoff. Meanwhile, we will all be paying more for healthcare, government borrowing and cuts to essential services.

So, why has the Democratic messaging not destroyed at birth any kind of credit Trump might get? Too many people hear Trump say "tax cut" and they think it is a good thing.

Trump's approval on the economy has gone from a net negative of 2.7% to plus 7.3% in just one month, and the latest few polls were conducted after the shutdown, Trump's approval on the economy is now over 50% for the first time. This is alarming!

https://www.realclearpolitics.com/epolls/other/president_trump_job_approval_economy-6182.html

[LuckyCharms]

1. I expected this.

He convinces people that they are getting richer, so they think they are getting richer. They'll find out soon enough. And then, you will see that line drop just as hard as it rose up.

[Wounded Bear]

2. You left out the part where he lied about the economy for two years...

Then after he is "elected" starts boasting about how good he has made things, when all he did was manage not to fuck up the Obama Recovery for a few months.

His tax cut will probably screw things big time, but we may not feel the effects until after Nov '18.

[Freethinker65]

3. Yes it is, but click on the other charts at the link...overall, foreign policy, direction of country

Last edited Thu Jan 25, 2018, 02:32 PM - Edit history (1)

I do not know if all of the polls asked those four questions at the same time, but if they did, I can see where handling of the economy, based on a snapshot when the poll was taken, would be in positive territory. Most people are looking at right now, and unless you have recently lost your job or were planning on traveling overseas (decrease in value of dollar) things have not changed all that much (the market is up if you have any investments and you might see a few more dollars in your paycheck and most government cuts affecting you have not happened yet, even healthcare subsidies still exist). So yes, at the moment the question about the economy comes up, one might think things are ok and regardless if Trump had anything to do with it, one says they are satisfied with it.

[politicaljunkie41910]

10. Agreed he's not looking too good in any of the other categorys.

[Doodley]

12. I agree, but the economy (and hate) is usually what decides elections. We have elections in 9 months

[kimbutgar]

4. Give it a few more months the ratings will go down again

[NurseJackie]

5. The shutdown worked in his favor it seems. Would a longer shutdown have...

... benefited him even more?

[SWBTATTReg]

6. I agree, give it more time...the shoe is bound to drop...

Those w/ wealth don't spend it as much (lower velocity of money), so things will slow down (as more and more wealth gets concentrated, and investments get fewer and fewer w/ the returns these guys are looking for).

In the meantime, the rest of us will spend basically the same amount of money since the vaunted 'tax cut' wasn't really very much for us. So we spin our wheels getting the same things at probably a higher price, and have barely anything left over. Great. Velocity of money stays the same or goes down.

Thus, economy slows down. Ramifications will flow into the stock markets/other markets, and then BAM!

It takes time...

[Abouttime]

7. This is Obamas economy

Obama will go down in history as the greatest President in regards to the economy next to FDR.
Just imagine if Hillary would have taken her rightful place as President, the Dow would likely be over 30,000.

[burnbaby]

8. well when

you put more money in someone's pocket who don't consider it crumbs it makes for a good day. I'm waiting for my 2/2 check to see if there is any change.

[ProfessorGAC]

9. Wait 6 Months

That chart will look like someone turned it upside down.

[Doodley]

13. I hope you are right, but I doubt the economy will start tanking by then,

Trump will take credit for every bit of good news on the economy and claim it is the result of his tax cuts and business savvy (that he doesn't have).

[ProfessorGAC]

14. It Won't

But many people will start to realize that his "break" doesn't amount to much.

[OnDoutside]

11. Beyond the corruption bit, why do rats like Ryan sell out so cheaply ?