Trumps effect on the economy.

[Betwrong]

Listening to the month old Donald Trump's report on economic growth under his presidency we may notice that he's exaggerating the achievements. For example, he's saying that that the U.S. economy grew at a 4.1 percent annual rate between April and June 2018, while according to Commerce Department data it has grown at a 3.1 percent annualized rate in the first half of 2018. He's saying: “We’ve added 3.7 million new jobs since the election, a number that is unthinkable ..." While experts say it's not unthinkable at all, but was rather predictable, because the economy has been adding jobs since 2010, and it's actually a bit down compared to the prior two years. etc. etc. Nevertheless, we can't deny the fact that the U.S. economy is getting better under Trump’s presidency.

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[Lagrood]

Trump's effect on the world economy is tremendous. Perhaps he is the first president who is focusing on the economy so seriously. I like that he is focusing on the real business and help producers. I suppose that the Americans fell positive changes since the beginning Trump's reforms because even not living in USA lots of people have already felt various changes which has effected them. Every Trump's report, statement and even word has a tremendous effect almost instantly. We may also have a look at some countries which Trump visited. As far as I know there were various big changes after his visit. Let us have a look at the stock market it is on the historical peak. I am absolutely sure that currently Trump is the most principal politician in the world.

[Hydrogen]

we shouldn't forget either that the US is not Venezuela in the sense the former can allow itself to indulge in excessive government spending as it can make the rest of the world pay for it, Venezuela included. But isn't that exactly what Trump is hellbent on doing anyway? Whenever I hear him say something, he always ends up saying that [put some country here] should pay for something or bear some part of the expenditures that Uncle Sam is allegedly making for their protection or whatever.

That's an interesting topic, one I'm not certain I know the answer to.

When the former Soviet Union (USSR) ran into issues with debt they weren't able to cover their costs by resorting to military action or forcing others to pay their bills. Most powerful nations on earth have far more debt than liquidity. Forcing foreign nations to cover your debts could be more expensive than paying off debt directly.

Prevention could go a long way. When disaster strikes in terms of severe economic or social upheavel it can take decades to fix things. Preventing tragedies associated with deficit and debt from occurring is the only sound strategy.

[Hell-raiser]

we shouldn't forget either that the US is not Venezuela in the sense the former can allow itself to indulge in excessive government spending as it can make the rest of the world pay for it, Venezuela included. But isn't that exactly what Trump is hellbent on doing anyway? Whenever I hear him say something, he always ends up saying that [put some country here] should pay for something or bear some part of the expenditures that Uncle Sam is allegedly making for their protection or whatever.

That's an interesting topic, one I'm not certain I know the answer to.

When the former Soviet Union (USSR) ran into issues with debt they weren't able to cover their costs by resorting to military action or forcing others to pay their bills. Most powerful nations on earth have far more debt than liquidity. Forcing foreign nations to cover your debts could be more expensive than paying off debt directly.

Yes, but I'm not saying that the US should necessarily resort to military action. Regarding making others pay their bills, this has been in the books for a few decades already. If you think this is not the case, then what is the US national debt really? If you ask me, it is exactly that, the whole world paying Uncle Sam for his bills.

Prevention could go a long way. When disaster strikes in terms of severe economic or social upheavel it can take decades to fix things. Preventing tragedies associated with deficit and debt from occurring is the only sound strategy.

But we don't know the whole story. Perhaps, they keep the spending beast on a short leash and employ the optimal strategy in this situation. We all know that no debt is better than some debt, but when everyone is indebted you just need to be indebted a little less than the rest of the pack with an allowance for your economic and military muscle. Further, recall the quantitative easings that the Fed had been running for a few rounds. Everyone was expecting the economy should soon switch into a hyperinflation mode but it didn't happen.

[audaciousbeing]

When it comes to political judgments, its always subjective despite the facts that surrounds it. Its only few people who are known to be independent in their opinion that would really see that great strides are being achieved by the government in power.

During the time of Obama when he made several improvements and claims about how better they have left the economy, to some people, he is the mistake of the century and the worst person to have been elected to the oval to manage the affairs of Americans.

The same thing is what is happening here too and based on the replies I have read, its divided. The core or those who have democratic views would not see anything positive in the economy while the core Republicans that even put him there and subscribed to those ideals, would argue that things are being done  in achieving the American dream.

No matter the statistics, for every action, there will surely be a reaction in that for every positive strands, some other people are feeling the brunt of that decision and everyone would always speak based own personal experience.

[SolomonSollarsNSense]

 The sad part is that we allow USA to be this dominant in the economic market for the whole globe. There is this economic crisis going around in Turkey for example from what I read from newspapers and it does not affect the whole world however when the housing market collapsed on USA in 2008 some countries were going bankrupt, I mean COUNTRIES were going bankrupt because housing market collapsed in USA. That is as high as you can get on letting just one country rule the world. All countries should try to force a way to make their economies grow internally so when someone like Trump becomes president of USA, we do not get screwed indirectly because of it.

[sawree6]

I don’t have an access to the full statistical information but I keep an eye on modern trends of the American economy. The most controversial issue for me is trading laws. Say, Trump tries to protect national producers, so he imposes trading restrictions on partner countries. It’s not the embargo yet but the situation looks like a sure step to it. I think, this is extremely dangerous for a national economy. Trump’s effect may be too negative in the long run just because of the level of the world’s globalization.

[kizu]

Trump is  a bussiness man and a billonaire, and of course he is very good at business. What he did for the US economy proved his talent! The economy has grown well, unemployment has fallen, businesses have returned to the United States, the Dow Jones Sustainability Index, restructuring a series of trade agreements bring greater benefits to workers. And most importantly, to reduce the trade deficit by hitting hundreds of billions of dollars in taxes on China, i really like this! Everything always has two sides but I think what he has done is positive for the US economy!

[hildacitra]

I wouldn't like to grade Mr. President of Donald Trump is negative or positive for United States. The fact Donald Trump always creates speculative and controversial policy in many aspects. Recently he has just created very controversial policy that has a huge impact for other countries around the world especially for two countries that suffer economic crisis. Based on I ever read, he is expert in economic management, even he is better than recent president of US in economic side.