Blue_true
Blue_true's JournalLooking forward.
The upcoming employment report out this week is expected to show job growth of 180,000 plus, on top of 250,000 last month. Unemployment is down to 4.4%.
Deplorables attribute the numbers to Trump. But they are wrong, a new President's policies don't seriously impact the economy until around August of the first year in office. The nation's economy is still running on President Obama's policies, more so since Trump has not done any real significant policy other than roll back environmental regulations.
The economy where I live is highly dependent on retirees, medical care facilities, lots of local, state and federal government jobs. What I foresee once Trump's economy hits is my area will be devastated, given the types of jobs people around here hold.
Once the blush of Obama policy is gone in a couple of month and the reality of Trump policy hits the nation full force, I won't be surprised to see the economy and stock market plunge and the economy take on the 2008 pallor.
Once reality hits, I wonder how the 35% of American who did not vote in 2016 will feel about their decision.
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Member since: Thu Jan 26, 2017, 05:53 PMNumber of posts: 31,261