US industrial production surges in April by fastest rate in years

[Matty]

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwi8-bC1-_TTAhVrjVQKHSTkBmkQqUMILDAB&url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Fus-industrial-output-jumps-in-april-at-fastest-rate-in-more-than-three-years-2017-05-16&usg=AFQjCNF6JSSIemmWSJOmx9Q4Kamwskbqaw

fed GDP growth estimates for the second quarter increased to a robust 4.1% following today's release.

https://www.frbatlanta.org/cqer/research/gdpnow.aspx

[Technocracy Timmy]

Thank you President Obama.

[Matty]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

[Technocracy Timmy]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

[Matty]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

[Devout Centrist]

Look it's fine if Trump takes credit for a good economy, but what has he done to make these gains occur?

[Dr. Arch]

Look it's fine if Trump takes credit for a good economy, but what has he done to make these gains occur?

Nothing.

[Matty]

Look it's fine if Trump takes credit for a good economy, but what has he done to make these gains occur?

I think it's mainly that these firms are banking on him actually following through with certain parts of protectionism, tarriffs, tax relief, etc. It's certainly a risk they are taking.

The bigger point is this, though: Like brexit, proclamations that the economy would crash following his election turned out to be wrong. It's been months since he took office and even longer ago that he won. When will brexit and trump's election start to negatively impact the nation like we were warned?

And it's not as simple as "the policies haven't been enacted yet". Firms and entrepreneurs are forward thinking. They make decisions based on what the future will hold. If they thought brexit and turmp were going to be disasters, they wouldn't be expanding like we are seeing in the uk and here. The UK economy grew more than any other western european nation last year

[GeorgiaModerate]

Here's a moderately radical, or perhaps radically moderate, suggestion: how about just being happy with good economic news, rather than trying to make dubious political points from it?  The gains aren't provably attributable to either Trump or Obama.  Claiming they're due to either one is nothing but partisanship, and there's no shortage of that around here.

Not everything is a matter of partisan politics.

[The_Doctor]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

This is not a full picture of what happened. They voted Trump but a lot of them were unhappy with the recovery. That said the recovery intensified. I don't necessarily buy your story about forward thinking as tax reform has been pushed off to 2018.

[Technocracy Timmy]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

Reagan actually won the popular vote both times so the point is moot.

Needless to say, Trump's electoral prowess doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past.

[Matty]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

Reagan actually won the popular vote both times so the point is moot.

Needless to say, Trump's electoral prowess doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past.

You didn't comprehend my post. I said that in *industrial* regions, trump won many counties that hadn't gone republican since 1972 or 1928, regions where manufacturing and industry make up a large proportion of activity. These were/are reliably democratic regions, and even during the reagan landslides, they were still favorable to democrats. These are places like north east ohio, southeast minnesota, and northwest wisconsin. These industrial places swung hard against the incumbent party. IF industry was doing well in these places, as you have asserted, why did the incumbent party do so poorly?

[Technocracy Timmy]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

Reagan actually won the popular vote both times so the point is moot.

Needless to say, Trump's electoral prowess doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past.

You didn't comprehend my post. I said that in *industrial* regions, trump won many counties that hadn't gone republican since 1972 or 1928, regions where manufacturing and industry make up a large proportion of activity. These were/are reliably democratic regions, and even during the reagan landslides, they were still favorable to democrats. These are places like north east ohio, southeast minnesota, and northwest wisconsin. These industrial places swung hard against the incumbent party. IF industry was doing well in these places, as you have asserted, why did the incumbent party do so poorly?

I am going to repeat myself one final time: Trump's electoral prowess (even if it's in muh industrial areas) doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past, including those that may or may not pertain toward industrial production.

[Matty]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

Reagan actually won the popular vote both times so the point is moot.

Needless to say, Trump's electoral prowess doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past.

You didn't comprehend my post. I said that in *industrial* regions, trump won many counties that hadn't gone republican since 1972 or 1928, regions where manufacturing and industry make up a large proportion of activity. These were/are reliably democratic regions, and even during the reagan landslides, they were still favorable to democrats. These are places like north east ohio, southeast minnesota, and northwest wisconsin. These industrial places swung hard against the incumbent party. IF industry was doing well in these places, as you have asserted, why did the incumbent party do so poorly?

I am going to repeat myself one final time: Trump's electoral prowess (even if it's in muh industrial areas) doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past, including those that may or may not pertain toward industrial production.

Ok that is fine and fair, but if industry continues to improve for the next few years, how can you go to these places and argue that trump has been bad for business? It's all about narrative, and friendly economic data prevents that.

[Technocracy Timmy]

Thank you President Obama.

...... it was stagnant for most of 2015 and 2016

Financial crises usually take awhile to get over. Thankfully with the sound leadership of Barack Hussein Obama, we're a much stronger country now than we were in 2008. Trump, as is typical with his entire life, inherited his predecessor's success story.

Hate to break it to you, but if people in industrial areas were happy with the situation during obama's 8 years, they wouldn't have voted in such large numbers for a republican reality tv star. Trump won industrial counties like erie and trubmull by margins even reagan couldn't get.

Reagan actually won the popular vote both times so the point is moot.

Needless to say, Trump's electoral prowess doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past.

You didn't comprehend my post. I said that in *industrial* regions, trump won many counties that hadn't gone republican since 1972 or 1928, regions where manufacturing and industry make up a large proportion of activity. These were/are reliably democratic regions, and even during the reagan landslides, they were still favorable to democrats. These are places like north east ohio, southeast minnesota, and northwest wisconsin. These industrial places swung hard against the incumbent party. IF industry was doing well in these places, as you have asserted, why did the incumbent party do so poorly?

I am going to repeat myself one final time: Trump's electoral prowess (even if it's in muh industrial areas) doesn't mean that he's deserving of credit for macroeconomic trends that are typically only impacted by governmental policies (if at all) from years past, including those that may or may not pertain toward industrial production.

Ok that is fine and fair, but if industry continues to improve for the next few years, how can you go to these places and argue that trump has been bad for business? It's all about narrative, and friendly economic data prevents that.

I wouldn't argue that.