Re: Don't be fooled by the wealthy's economic research deception

Posted: Sun May 27, 2018 8:13 pm, #6
by Sterling Volunteer
Do not be tricked into thinking the Trump economy is doing well.

The Trump spin machine continues to tout the glorious economic growth made by their administration.

From Gallup
March 30, 2018
Americans Continue to Rate Trump Highest on Economy
by Justin McCarthy http://news.gallup.com/poll/232046/amer ... onomy.aspx
Story Highlights

46% say Trump is doing a good job of making the country prosperous
35% say he is doing a good job on energy; 31% on protecting environment
Trump's ratings on issues fall behind those of Bush and Obama

WASHINGTON, D.C. -- Americans are about as likely to say President Donald Trump is doing a good job as they are to believe he is doing a poor job of making the U.S. prosperous, 46% vs. 47%. However, Trump performs better on this measure than on two other issues on which he was rated in Gallup's annual Environment poll: energy and the environment.
And...

From Whitehouse.gov
Fact Sheets
President Donald J. Trump’s Leadership on the Economy is Making A Difference For All Americans
Economy & Jobs
Issued on: April 5, 2018 https://www.whitehouse.gov/briefings-st ... americans/
This is our new American moment. There has never been a better time to start living the American Dream.

President Donald J. Trump

THE ECONOMY IS BOOMING: The economy is expanding rapidly under President Donald J. Trump’s leadership.

American optimism and excitement about the economy is growing under President Trump’s leadership.
According to Pew Research, Americans rating the economy good to excellent surged to 53 percent, the highest point in 18 years.

However, this short video by The Young Turks paints a very different story regarding the rosy economic outlook believed by their base.
https://www.youtube.com/watch?v=fkgSZ5d-gVk

For another perspective, that deflates the notion of a "booming" economy, Catherine Rampell on 05-01-18 in the SJR (The State Journal-Register) presents the six following points in the article titled, Six questions about Trump’s economy you were too embarrassed to ask.
http://www.sj-r.com/news/20180501/cathe ... sed-to-ask
Over the past few months, President Donald Trump has painted a portrait of a resurgence: After tanking under President Barack Obama, the economy has finally been Made Great Again.

Based on recent polls and my own reader email, much of the public believes this narrative. The word “booming” gets thrown around a lot.

But how has the economy actually performed under Trump? There is plenty of data to help us answer this question. So I bring you: Six questions about Trump and the economy you may have been too embarrassed to ask.
In truth, I think she uses the word "embarrassed" because all six points she makes are embarrassing compared to the rhetoric the Republicans are feeding their base.

The bottom line is to be extremely wary of the the misrepresentation presented by conservatives, and doubly wary of those who believe this soiled dribble.

~SV~