HOW TRUMP IS CHANGING AMERICA
Donald Trump is changing america but this change can be both posive and negative. From Inugaration speech to his 1st correnponding dinner party it was not business as usual. let's analise trump with respect to his actions and outcomes without being partial to anyone.
The economy has displayed steady growth over his 1st year , the same was true of the 72 months or so that came before that (obama years). The big change hasn’t been in the economy but in people’s hearts — Republican Party loyalists, in particular, weren’t ready to admit the economy had recovered until they had a co-partisan in the White House. If we see the unemployment rates then yeah it has reduced specially black unemployment which has reached a record-low. But the fact that these data tends to match the estimated pattern. Stocks are going good But the stock market first hit record high territories under Obama, and Trump-era market performance has actually lagged its Obama-era average. A simple eyeball of the African-American unemployment rate, meanwhile, makes it clear that Trump has nothing to do with this trend.
More broadly, whether you want to characterize current economic trends as fantastic or terrible (I prefer, okay), they simply aren’t very different from the trends we saw under Obama. In the fourth quarter of 2017, the economy grew 2.5 percent relative to where it had been a year ago. That’s better than what we saw in 2016 or 2015 but worse than what we got in 2014 and 2013. It’s also considerably lower than the 3 percent average annual growth trump promised in his official budget submission, which in turn was lower than the 4 percent average annual growth he touted on the campaign trail. It’s also slightly worse than Canada or Mexico did previous year.Rather the clearest indication that we’re looking at a continuity recovery is a glance at annual job growth, which is decent under Trump but reflected an ongoing slowdown rather than an acceleration.That’s not Trump’s fault.Job growth slowed in 2017 for the same reason it slowed in 2016 — the closer we get to a full-employment economy, the fewer unemployed workers there are out there to easily rehire. But if Trump had actually delivered some kind of game-changing supply-side transformation of the American economy, he wouldn’t be stuck with that slowdown.
Trump won the election at a time when stock market valuations were already high, and watched markets soar during the lame-duck months; they’ve only gone up since then. This market euphoria really is different from what we saw prior to 2017, and it may suggest something significant.In his inaugural address, Trump promised to champion the little guy, saying “the forgotten men and women of our country will be forgotten no longer.” The reality of the stock market boom, however, is that it means an explosion of inequality. Nearly 40 percent of the market is owned by the richest 1 percent of the population, with the next 9 percent accounting for a bit more than 40 percent. The bottom 90 percent of the population owns just 19 percent of stock market wealth.
Now comming to his administrative abilities.This is the area where everthing isn't going great. With frequent change in cabinet and his bitter relationship with allies is not a good sign for america. Currently the american media is under a lot of pressure , this will be not good for america's democracy. Health care which is not afordable is thing to worry with obamacare being abolished. Trump no more talks about deficet as it is still growing. With the rise of china trump really needs allies to check its influence.
Well i have covered most parts of TRUMP as president. now the ball is in your hand , do tell me your take on changes brought by trump in comments down below and what impact it has caused in your life. Plz resteem it and upvote if you enjoyed reading.
he is the modi of his country
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A simple eyeball of the African-American unemployment rate, meanwhile, makes it clear that Trump has nothing to do with this trend?
How's that? You seem to have forgotten that the progressive economists were all predicting economic collapse if Trump won, did that happen?
Obama said that GDP would never hit 3%, how does he get credit?
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