Officials say fast growth to continue, Trump respects Fed

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  • Shaun Sandy, UT
    July 30, 2018 6:45 p.m.

    @thid

    Do you understand how spending originates? It starts in the house. Who has had solid control of the house for 8 years? Republicans. Republicans had an equal hand in the debt accumulation.

    Stop being ideological and realize you are supporting debt when you vote republican as well. Republicans don’t have a leg to stand on when they talk about reducing debt or deficits.

  • Frozen Fractals Salt Lake City, UT
    July 30, 2018 5:33 p.m.

    @Thid Barker
    "This concludes the lesson on national debt for today!"

    Is tomorrow's lesson about how Trump's tax cuts will help push the annual deficit up from around half a trillion to around a trillion dollars in just two years?

  • Thid Barker Victor, ID
    July 30, 2018 1:44 p.m.

    Shaun: Washington Times Nov. 1. 2016: "Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House." The national debt at the end of GWB's tenure was about $10 trillion! $10 trillion times two (doubling)= $20 trillion! Socialism is very, very expensive!
    This concludes the lesson on national debt for today!

  • Shaun Sandy, UT
    July 30, 2018 1:10 p.m.

    @thid

    In what sectors are wage growth rising? Also do you notice every time someone mentions trumps deficits you blame obama. Question who has controlled the house since 2010? Republicans. Where does spending originate? The house. How much was the deficit this past year and who was in control of all forms of government?

  • silo Sandy, UT
    July 30, 2018 12:53 p.m.

    @thid barker
    "Barack Obama added more national debt than ALL other presidents. combined! "

    Really? Cite the specific policies implemented by Obama that 'added more debt than all other presidents combined. Cite the amount each policy contributed to the total.

    This claim gets thrown around constantly by people who are sure Obama himself spent the money, until those people are pressed to back up the claim.

    So. Back up the claim. Don't just parrot talking points.

  • 4601 Salt Lake City, UT
    July 30, 2018 10:36 a.m.

    In politics it is axiomatic that the sitting president is rewarded or blamed for economic conditions. Bill Clinton had the campaign slogan It's the economy, stupid, although George HW Bush had questionable fault for the lack of economic growth. Whether or not Trump is responsible for today's robust economy is debatable, but he still gets the credit and Obama gets the blame for anemic growth during his administration.

  • Thid Barker Victor, ID
    July 30, 2018 10:33 a.m.

    Shaun: Wages are rising at their fastest annualized rate since a peak prior to the Great Recession in 2007, according to the US Labor Department. Don't you trust your own government?
    Deficits? The king of deficits, Barack Obama added more national debt than ALL other presidents. combined! Debt comes from deficits!
    What gives me hope is our economy is and will continue to produce more revenue and by the time President Trump leaves office, we will have the lowest deficits in 20 years! Which means our debt growth will come down! Why? Because businesses and workers in America pay taxes in American and foreign countries do not pay taxes in America! See how simple it is?

  • Shaun Sandy, UT
    July 30, 2018 9:56 a.m.

    @thid

    I just conservatives to be honest. Are wages really rising except for the tech sector?

    Also why is it ok for republicans to spend frivolous and continue to raise the deficit but it wasn’t ok for democrats.

  • Thid Barker Victor, ID
    July 30, 2018 8:29 a.m.

    Democrats amuse me! In one breath they tell us our growing economy is because of Obama! Then in the next breath they tell us our economy isn't really growing and even if it is, it won't last! Which is it? The truth is Democrats have painted themselves into a corner and are in full panic mode! If our economy continues to grow and Americans continue to become more prosperous and safe, Democrats lose! Even staunch Democrat Bill Maher wants our economy to collapse! One party is the party of hope, vision, safety, freedom, border security and prosperity! The other party is offering Americans, Venezuela-no hope, no prosperity, no future! Can you see another red wave approaching in less than 100 days?

  • one vote Salt Lake City, UT
    July 30, 2018 7:41 a.m.

    The Donald respects the Fed only until they are tweeted out as the goat when trade policy causes a recession.

  • RBB Sandy, UT
    July 29, 2018 7:55 p.m.

    Yes, because an average growth rate of 1.48% is so much better than likely 3-4%? Getting higher economic growth is not that hard. Limit the size of government and stop over-regulating business.

    The U.S. growth rate has historically averaged 3%, and every president prior to Obama had at least 1 year of greater than 3% growth. FDR was even able to get over 3% four times during the Great Depression.

    Trump's numbers are not all that great, but with the projected grown rate of 3% seems like we have moved into the fast lane after 8 years averaging less than 1.5%.

  • one old man Ogden, UT
    July 29, 2018 4:30 p.m.

    WASHINGTON — President Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace

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    And they also have some beachfront property for sale in the Mojave Desert for anyone who believes them.