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Mon Jul 1, 2019, 06:56 PM

Disaster For Republicans As Trump's Economy Approval Tanks

BY†JASON EASLEY at Politicus USA

Disaster For Republicans As Trumpís Economy Approval Tanks

https://www.politicususa.com/2019/07/01/trump-approval-economy.html

"SNIP.....

Nearly two-thirds describe as ďgoodĒ an economy that appears to have set a record for the longest expansion in U.S. history, with decade-long growth that began under Barack Obama. More people consider the economy to be good today than did at the start of the year.

But significantly fewer approve of Trumpís handling of the economy, even as it remains a relative strength compared with other issues. The survey indicates that most Americans do not believe theyíre personally benefiting from his trade policies. And only 17% said they received a tax cut, despite government and private sector figures showing that a clear majority of taxpayers owed less after the presidentís tax overhaul passed in 2017.

Trumpís overall approval rating is an upsidedown 38%/60% split. More Americans disapprove of Trumpís handling of the economy (51%) than approve (47%). Just 42% approve of Trumpís handling of taxes, as 55% disapprove, and his numbers are even worse on trade, as 39% approve of his trade policies and 59% disapprove.

Americans arenít feeling prosperous

Trumpís economy has been great for the wealthy, corporations, and the stock market.†Trumpís trade war has eaten up the tax cuts.†Rising prices are putting the pinch on consumers. Voters are most concerned about healthcare. If one isnít wealthy, the Trump economy has not been so good. Trump is presiding over a paper economic boom. The reality on the ground for most Americans is much worse, and the struggles to pay the bills are reflected in these poll numbers.

.....SNIP"

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Reply Disaster For Republicans As Trump's Economy Approval Tanks (Original post)
applegrove Jul 2019 OP
Iliyah Jul 2019 #1
empedocles Jul 2019 #2
Blue_true Jul 2019 #3
uponit7771 Jul 2019 #4

Response to applegrove (Original post)

Mon Jul 1, 2019, 07:10 PM

1. Booming economy ain't

trickling downward to us, the working class.

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Response to applegrove (Original post)

Mon Jul 1, 2019, 07:27 PM

2. A sense of 'thinning' of traitorrump support?

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Response to applegrove (Original post)

Mon Jul 1, 2019, 07:44 PM

3. Companies used the tax cut money mostly to buyback stock to boost their EPS.

They did not invest in new plants, machinery and new employees. As the economy slows, companies will likely buyback more stock to keep their EPS up, amplifying a vicious cycle of downward economic pressure.

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Response to applegrove (Original post)

Mon Jul 1, 2019, 07:45 PM

4. K&R, Fewer people are giving Benedict Donald Credit ... time for more "thx Obama" when they

... bring the economy up.

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