Difference between revisions of "Talk:Donald Trump achievements: Economic policy and labor"

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(More on the Fed)
(More on the Fed)
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::::::::::::The stock market decline seen lately is being blamed on the Fed: [https://www.thenewamerican.com/economy/markets/item/30848-stocks-lose-four-percent-last-week-thanks-to-the-fed] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 21:58, 9 December 2018 (EST)
 
::::::::::::The stock market decline seen lately is being blamed on the Fed: [https://www.thenewamerican.com/economy/markets/item/30848-stocks-lose-four-percent-last-week-thanks-to-the-fed] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 21:58, 9 December 2018 (EST)
 
::::::::::::: Interesting articles on Trump and the Fed, and how the reasoning behind his position differs from that of Rand Paul: [https://www.washingtontimes.com/news/2018/dec/17/donald-trump-slams-fed-rate-hikes-could-spoil-winn/ 1],[https://www.thenewamerican.com/economy/item/30941-trump-paul-critical-of-federal-reserve-for-different-reasons 2] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 17:15, 17 December 2018 (EST)
 
::::::::::::: Interesting articles on Trump and the Fed, and how the reasoning behind his position differs from that of Rand Paul: [https://www.washingtontimes.com/news/2018/dec/17/donald-trump-slams-fed-rate-hikes-could-spoil-winn/ 1],[https://www.thenewamerican.com/economy/item/30941-trump-paul-critical-of-federal-reserve-for-different-reasons 2] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 17:15, 17 December 2018 (EST)
::::::::::::::More statements by Trump: [https://www.washingtonexaminer.com/news/trump-hammers-the-fed-before-rate-hike-decision-feel-the-market 1],[https://thehill.com/homenews/administration/421818-trump-urges-fed-against-rate-hikes-feel-the-market-ignore-meaningless 2],[https://www.breitbart.com/politics/2018/12/18/donald-trump-urges-federal-reserve-to-feel-the-market-before-raising-interest-rates/ 3],[https://www.axios.com/federal-reserve-gets-donald-trump-treatment-882c8f4e-3c06-4abd-96b8-cb6f5595a15d.html 4],[https://thehill.com/homenews/administration/445535-trump-swipes-at-fed-during-trip-to-japan 5] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 17:04, 18 December 2018 (EST)
+
::::::::::::::More statements by Trump: [https://www.washingtonexaminer.com/news/trump-hammers-the-fed-before-rate-hike-decision-feel-the-market 1],[https://thehill.com/homenews/administration/421818-trump-urges-fed-against-rate-hikes-feel-the-market-ignore-meaningless 2],[https://www.breitbart.com/politics/2018/12/18/donald-trump-urges-federal-reserve-to-feel-the-market-before-raising-interest-rates/ 3],[https://www.axios.com/federal-reserve-gets-donald-trump-treatment-882c8f4e-3c06-4abd-96b8-cb6f5595a15d.html 4],[https://thehill.com/homenews/administration/445535-trump-swipes-at-fed-during-trip-to-japan 5],[https://www.foxbusiness.com/politics/trump-fed-jerome-powellus-economic-growth-markets 6] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 17:04, 18 December 2018 (EST)
 
:::::::::::::::Statements by Pence in light of great economic data: [https://www.washingtontimes.com/news/2019/may/3/mike-pence-following-stellar-jobs-report-federal-r/] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 21:21, 3 May 2019 (EDT)
 
:::::::::::::::Statements by Pence in light of great economic data: [https://www.washingtontimes.com/news/2019/may/3/mike-pence-following-stellar-jobs-report-federal-r/] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 21:21, 3 May 2019 (EDT)
 
::::::::::::::::More on the dispute: [https://www.wsj.com/articles/vice-president-pence-calls-on-fed-to-consider-cutting-interest-rates-11556894003] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 23:12, 4 May 2019 (EDT)
 
::::::::::::::::More on the dispute: [https://www.wsj.com/articles/vice-president-pence-calls-on-fed-to-consider-cutting-interest-rates-11556894003] --[[User:1990'sguy|1990'sguy]] ([[User talk:1990'sguy|talk]]) 23:12, 4 May 2019 (EDT)

Revision as of 13:27, 25 May 2019

Foxconn: include or not?

The recent news about the $10 billion Foxconn factory with 13,000 jobs (1,2,3,4,5,6) definitely is good news, but should we include it? My concern is that this is only an announcement and not much more. But, I am open to hearing from other editors about this. --1990'sguy (talk) 23:26, 1 August 2017 (EDT)

Foxconn will build another factory in Michigan: [1] This is definitely good news. --1990'sguy (talk) 15:17, 7 August 2017 (EDT)
Foxconn stated it will start production in the Wisconsin factory in 2020: [2] --1990'sguy (talk) 18:37, 18 March 2019 (EDT)

More company/jobs news

Lockheed has kept a promise it made to Trump to increase its workforce by 1,800 people: [3] It has increased production recently, and is seeing higher profits because of it: [4] --1990'sguy (talk) 22:42, 24 July 2018 (EDT)

Trump is pressuring GM not to close an Ohio plant: 1,2,3,4,5,6,7,8,9,10,11,12 Hopefully, his efforts will succeed. --1990'sguy (talk) 00:35, 18 March 2019 (EDT)
These articles are critical of Trump regarding two Ohio factories, though I'm still adding them here just to note: 1,2 --1990'sguy (talk) 17:22, 21 March 2019 (EDT)
Statements by Trump on the GM plant: [5] --1990'sguy (talk) 08:36, 29 March 2019 (EDT)
More on the Lordstown closure: 1,2 --1990'sguy (talk) 22:01, 11 April 2019 (EDT)
It appears that GM is planning on selling the plant to another company, which seems like a great thing (it doesn't appear to have been finalized, which is why I haven't added it to the article): 1,2,3,4,5 --1990'sguy (talk) 15:58, 8 May 2019 (EDT)
Most of the jobs Ford recently announced it would cut will be in other countries rather than the U.S., and fewer than expected: 1,2 --1990'sguy (talk) 10:16, 21 May 2019 (EDT)

Jobless claims at low streak not seen for 43 years

The last time the number of people receiving unemployment benefits was lower than 2 million for 16 weeks was in 1973/1974.[6] A good achievement. --1990'sguy (talk) 18:09, 3 August 2017 (EDT)

Jobless claims fell to 260,000 by the end of September 2017, a higher drop than expected: [7] Might be good to add to the article. --1990'sguy (talk) 11:40, 5 October 2017 (EDT)

Unemployment at record low

In September 2017, unemployment was at 4.2%, the lowest in 16 years -- this might be something we should add[8] (if the rate continues to fall, I'll use the later data. --1990'sguy (talk) 00:35, 7 October 2017 (EDT)

This source, in passing, states that Asian unemployment is also at a record low,[9] though doing a quick internet search, I couldn't find any other source mentioning this. --1990'sguy (talk) 00:10, 10 July 2018 (EDT)

More economic statistics

The Bureau of Labor Statistics' October 2017 report appears to be a mixed bag, with unemployment lower than any point since December 2000 but with fewer jobs added during the month than expected.[10] See also: [11] --1990'sguy (talk) 23:09, 4 November 2017 (EDT)

More good news on unemployment claims: [12] --1990'sguy (talk) 10:50, 6 December 2017 (EST)
According to a CEO survey at the World Economic Forum meeting in Davos, CEOs are very confident about economic growth in the U.S.: [13] --1990'sguy (talk) 23:43, 23 January 2018 (EST)
According to this Fox News poll, more voters think the economy is doing well than in nearly 20 years: [14] --1990'sguy (talk) 18:46, 24 January 2018 (EST)

The stock market rose after Trump announced tariffs on solar energy and washing machine products: [15] --1990'sguy (talk) 22:23, 28 January 2018 (EST)

Good economic statistics for January 2018: 1,2,3,4 This may be something to add, but I'm not sure it's significant enough to do so. --1990'sguy (talk) 11:12, 2 February 2018 (EST)
The near-45-year-low in unemployment benefits might be over: [16] --1990'sguy (talk) 12:27, 15 February 2018 (EST)
More consumer confidence news: [17] --1990'sguy (talk) 13:43, 27 March 2018 (EDT)
Consumer spending is up slightly, and the number of jobless claims is still as a 45-year-low: [18] --1990'sguy (talk) 23:04, 29 March 2018 (EDT)
A good reason why it's not a good idea to report economic news based on third-party estimates just before the government releases official data: [19] (other sources: 1,2,3) --1990'sguy (talk) 11:15, 6 April 2018 (EDT)
And small business optimism fell more than expected in March: [20] --1990'sguy (talk) 12:04, 10 April 2018 (EDT)
Black unemployment is continuing to fall: [21] --1990'sguy (talk) 22:48, 4 May 2018 (EDT)
More on consumer prices: [22] --1990'sguy (talk) 21:45, 10 May 2018 (EDT)
U.S. economic growth in the first quarter of 2018 was revised downward by 0.1%: 1,2,3,4,5,6,7 --1990'sguy (talk) 15:32, 30 May 2018 (EDT)
First Quarter economic growth was revised downward (slightly) again: 1,2,3,4 --1990'sguy (talk) 22:10, 28 June 2018 (EDT)
Also, jobless claims went up slightly, though the average is still very low (low enough that this might still be something to add): 1,2,3,4 --1990'sguy (talk) 22:17, 5 July 2018 (EDT)
Jobless claims rose slightly but still indicate a tight labor market: [23] --1990'sguy (talk) 21:40, 26 July 2018 (EDT)

Apparently, every Republican president since 1909 has seen a recession in their first term: [24] Knowing this, it will be interesting if Trump's presidency follows the trend or not. --1990'sguy (talk) 18:52, 3 May 2018 (EDT)

This comment is just a parking spot for this source on home sales back in October 2017: [25] --1990'sguy (talk) 22:45, 19 June 2018 (EDT)
Interesting article showing various good U.S. economic statistics, though that only takes up a small part of the article, which also shows statistics from other countries: [26] --1990'sguy (talk) 07:43, 10 July 2018 (EDT)
A somewhat interesting article on the July 2018 jobs report: [27] --1990'sguy (talk) 11:35, 4 August 2018 (EDT)
Industrial production increased slightly in July: [28] It doesn't seem particularl significant, so I won't add it unless I see other good sources on it. --1990'sguy (talk) 14:28, 15 August 2018 (EDT)
Consumer sentiment decreased in early August: [29][30][31] --1990'sguy (talk) 22:13, 17 August 2018 (EDT)
The University of Michigan says that consumer confidence has risen, but the WSJ states that this trend often happens before a recession: [32] --1990'sguy (talk) 17:25, 6 September 2018 (EDT)
Interesting but not-very-positive article by Reuters: [33] --1990'sguy (talk) 18:11, 10 September 2018 (EDT)
Some bad news, but foreign workers are doing better in the U.S. job market than American citizens: [34] --1990'sguy (talk) 23:17, 10 October 2018 (EDT)
Jobless claims rose slightly in the past week: [35] --1990'sguy (talk) 11:59, 11 October 2018 (EDT)
Even though the housing market appears to be slowing, Home Depot is still seeing rising profits: [36] --1990'sguy (talk) 11:46, 13 November 2018 (EST)
Homebuilder sentiment fell unexpectedly, not a good sign: 1,2,3 --1990'sguy (talk) 15:48, 19 November 2018 (EST)
Jobless claims did poorly: [37] --1990'sguy (talk) 11:07, 21 November 2018 (EST)
More concerning economic statistics: [38] --1990'sguy (talk) 23:45, 22 November 2018 (EST)
More concerning homebuilding stats: 1,2 --1990'sguy (talk) 23:24, 29 November 2018 (EST)
Most American financial officers think a recession will hit by 2020: [39] --1990'sguy (talk) 17:25, 12 December 2018 (EST)
In December, the rate of consumer price increases slowed, though I don't know if this is necessarily/inherently a good or bad thing: [40] --1990'sguy (talk) 22:46, 13 January 2019 (EST)

Puerto Rico's unemployment reached a 50-year-low, despite other, negative economic statistics: [41] I probably won't add this, partially because Puerto Rico is a U.S. territory, rather than a full member of the Union. --1990'sguy (talk) 13:27, 18 August 2018 (EDT)

Foreign workers in the U.S. saw 5 times better job growth in November compared to American citizens: [42] --1990'sguy (talk) 06:02, 14 December 2018 (EST)

Optimism is fading: [43] --1990'sguy (talk) 17:17, 17 December 2018 (EST)
Consumer debt is increasing, though it does not seem like a problem right now: [44] --1990'sguy (talk) 23:21, 1 January 2019 (EST)
Foreigners are still decreasing the economic prosperity of Americans: 1,2 --1990'sguy (talk) 23:10, 4 January 2019 (EST)
Jobless claims increased to the highest level since September 2017: [45] --1990'sguy (talk) 11:44, 31 January 2019 (EST)
Foreign workers are still performing better than American workers: [46] --1990'sguy (talk) 22:30, 3 February 2019 (EST)
Jobless claims fell, but not as much as expected: [47] --1990'sguy (talk) 11:29, 7 February 2019 (EST)
Job growth was very weak in February, according to the Labor Department: 1,2,3,4 Also, I removed these two sources, as they are insignificant estimates, and they may (possibly, I'm not actually sure at all) have been superceded by the Labor Department's official measurements: 1,2 --1990'sguy (talk) 17:16, 8 March 2019 (EST)
Foreign workers are continuing to get hired faster than American workers: [48] --1990'sguy (talk) 00:43, 11 March 2019 (EDT)
Retail sales in December 2018 were the worst December sales in a decade: [49] --1990'sguy (talk) 23:22, 11 March 2019 (EDT)
According to this article, there is a jobs slowdown right now: [50] --1990'sguy (talk) 13:52, 14 March 2019 (EDT)
According to the Conference Board, consumer confidence has declined a bit: [51] --1990'sguy (talk) 21:56, 27 March 2019 (EDT)
In 2018, American companies installed a record number of robots to do jobs once done by human employees: [52] --1990'sguy (talk) 08:55, 11 April 2019 (EDT)
Industrial production declined in March 2019: [53] --1990'sguy (talk) 11:59, 16 April 2019 (EDT)
Service company growth slowed in April 2019: [54] --1990'sguy (talk) 21:23, 3 May 2019 (EDT)
Jobless claims fell less than expected: [55] --1990'sguy (talk) 10:30, 9 May 2019 (EDT)
According to this article, the smallest businesses are being impacted the most by the tight job market: [56] --1990'sguy (talk) 17:13, 12 May 2019 (EDT)
More economic statistics: 1,2,3,4,5,6,7,8,9,10,11,12 --1990'sguy (talk) 12:04, 15 May 2019 (EDT)

Economic growth

If this CBO projection is correct, the U.S. economy is growing at its fastest pace in 15 years: 1,2 I'd like to add this, though I'm not a fan of adding estimates and projections to the article, rather than "past-tense" statistics. --1990'sguy (talk) 10:59, 25 April 2018 (EDT)

An interesting op-ed on the growth, which might possibly be something good to add: [57] --1990'sguy (talk) 23:04, 6 July 2018 (EDT)
This article discusses some potential obsticles to the economic growth, but it uses the term "economic miracle" to describe the situations right now, which shows how strong the economy is right now: [58] --1990'sguy (talk) 19:55, 20 July 2018 (EDT)
Here's another interesting op-ed: [59] --1990'sguy (talk) 21:32, 28 July 2018 (EDT)
Treasury Secretary Mnuchin stated that he believes that 3% economic growth is possible for the coming 4-to-5 years: 1,2 --1990'sguy (talk) 14:17, 29 July 2018 (EDT)
Interesting op-ed on how anti-Trump violence could be making economic growth slower than what it could be: [60] --1990'sguy (talk) 17:55, 15 October 2018 (EDT)
This article states that the economic growth we're seeing may possible not last much longer: [61] --1990'sguy (talk) 14:18, 27 October 2018 (EDT)
This article states that the ADP report two days ago could be inaccurate, but I won't add it because the Labor Department's jobs report shows it is accurate: [62] --1990'sguy (talk) 10:16, 3 May 2019 (EDT)

Other good news

Because of Trump's solar tariffs, a large Chinese solar company will open a manufacturing plant in the U.S.: [63] It seems that liberal/globalist hysteria over the tariffs (which aren't even as harsh as expected) is all without merit. --1990'sguy (talk) 00:08, 5 February 2018 (EST)

Wages are rising, and the economy (including unemployment numbers) is expected to have a good year this year: [64] --1990'sguy (talk) 10:28, 5 February 2018 (EST)
Another interesting article on food stamp usage: [65] --1990'sguy (talk) 00:15, 9 February 2018 (EST)
Stocks rose today after another day of dramatic swings: 1,2,3 The info about stocks in 2018 should probably be checked and improved -- I'll try to do it later once the markets stabilize. --1990'sguy (talk) 22:03, 9 February 2018 (EST)
The stock market is continuing to recover, with the Dow Jones passing 25,000 points again: 1,2 Assuming there are no more near-term surprises, we should add this to the article. --1990'sguy (talk) 22:29, 15 February 2018 (EST)
Consumer prices are showing no signs of inflation, a good sign: [66] --1990'sguy (talk) 11:12, 14 March 2018 (EDT)
More good news: [67] --1990'sguy (talk) 18:58, 18 April 2018 (EDT)
More sources on the good First Quarter 2018 report that I added: 1,2 --1990'sguy (talk) 23:35, 29 April 2018 (EDT)
More economic growth,[68] and according to this Breitbart article, California is actually doing the best despite its opposition to Trump's economic policies that it's benefiting from. However, simple numbers may not tell the whole story, since the benefits of the economic growth in California may not actually benefit the middle class (which is leaving the state). --1990'sguy (talk) 17:33, 2 June 2018 (EDT)
The Atlanta Fed is continuing to estimate 4.8% economic growth for this quarter, which might be something to add even though this is only an estimate: 1,2,3,4 --1990'sguy (talk) 22:57, 15 June 2018 (EDT)
Some very good news for June, though this is according to an estimate by a non-governmental entity (non-official), so I probably won't add this: 1,2 --1990'sguy (talk) 19:40, 5 July 2018 (EDT)
Non-menufacturing activity rose in June: [69] --1990'sguy (talk) 22:18, 5 July 2018 (EDT)
Some very good numbers for July, though since they are from ADP (a private firm) and are not official numbers and only an estimate, I won't add this specific statistic: [70][71] --1990'sguy (talk) 10:10, 1 August 2018 (EDT)

President Trump's statements today on the economy and tax cuts: [72][73] --1990'sguy (talk) 22:35, 16 April 2018 (EDT)

Some more great statistics for April, showing the economy is doing well: [74][75] --1990'sguy (talk) 18:47, 2 May 2018 (EDT)
Credit card debt is declining, something which might be good to add: [76][77] --1990'sguy (talk) 22:07, 7 May 2018 (EDT)
Consumer confidence is doing better than expected: [78] --1990'sguy (talk) 21:49, 11 May 2018 (EDT)
A record number of Americans travelled for Memorial Day, something which appears to be a good thing economically: [79][80] It's probably not significant enough to add, but it's still good to note nonetheless. --1990'sguy (talk) 21:46, 27 May 2018 (EDT)
According to the Federal Reserve, U.S. household wealth has risen above $100 trillion for the first time in history: [81] --1990'sguy (talk) 13:30, 9 June 2018 (EDT)
Here's a good op-ed on the positive effect on small businesses by the Trump Administration: [82] --1990'sguy (talk) 10:14, 25 June 2018 (EDT)
Another interesting op-ed: [83] (and I just added the op-ed above to the article) --1990'sguy (talk) 14:03, 25 June 2018 (EDT)
Here's a video clip of the CNBC survey I mentioned in the article, which is interesting but which I won't add to the article: [84] --1990'sguy (talk) 19:11, 25 June 2018 (EDT)
U.S. rental growth has reached its lowest level since 2010, which appears to partially be because of the strong economy, though other factors are also responaible for this: [85][86] --1990'sguy (talk) 23:09, 1 July 2018 (EDT)
A record number of people will be traveling for Independence Day: [87][88] --1990'sguy (talk) 23:31, 3 July 2018 (EDT)
Logistics payrolls are surgins: [89] --1990'sguy (talk) 00:40, 4 August 2018 (EDT)
Home Depot reported very good earnings during the Second Quarter, which appears to indicate a good economy and housing market overall: [90] --1990'sguy (talk) 19:13, 14 August 2018 (EDT)
Worker productivity reached the highest level in three years: [91][92][93][94] This may be something to add, but if three years is the statistic, it may not be significant enough to add. --1990'sguy (talk) 11:09, 16 August 2018 (EDT)
This really is mixed/questionable, but this WSJ article says that unemployment is so low, and the economy is doing so well, that there aren't enough migrants to do low-wage labor for Americans: [95] Obviously, it's the WSJ, but I'm still adding it here for your information. --1990'sguy (talk) 16:45, 27 August 2018 (EDT)

According to this article, business/corporation owners like Trump's presidency because of his pro-business measures such as tax cuts and deregulation: [96] I won't add this because The Economist article, which is what the Axios article reports about, takes an anti-Trump stance and argues that Trump will hurt businesses in the long run in that article. --1990'sguy (talk) 08:47, 25 May 2018 (EDT)

Interesting article on wage growth, though I probably won't add it to the article because it's short and has some parts devoted to future speculation: [97] --1990'sguy (talk) 18:04, 9 September 2018 (EDT)
Some good statements from Kudlow: [98][99] --1990'sguy (talk) 17:13, 17 September 2018 (EDT)
Wall Street saleries are increasing: [100] --1990'sguy (talk) 17:16, 17 September 2018 (EDT)
Another good ADP estimate (which I'm not adding -- again -- because it's an estimate and the official statistics will be released shortly): 1,2 --1990'sguy (talk) 18:09, 3 October 2018 (EDT)
Yet another good ADP/Moody's estimate and stocks' reaction to it: [101] --1990'sguy (talk) 18:39, 31 October 2018 (EDT)
U.S. producer prices rose, something that appears to be considered good news, though it doesn't seem significant enough to add: [102] --1990'sguy (talk) 23:46, 11 December 2018 (EST)
This source says that economic data from late 2018 shows that the labor market is still strong, though I have not added this source to the article because the article buries this good news under negative statistics: [103] --1990'sguy (talk) 21:59, 1 January 2019 (EST)
The Conference Board revised "its leading economic index" from a 0.1% decrease in January to being unchanged, which seems like a good (though not really significant) sign: [104] --1990'sguy (talk) 15:34, 4 March 2019 (EST)
WH economic advisor Kevin Hassett believes that baby boomers will stay in the workforce longer than expected because of the good economy: [105] --1990'sguy (talk) 22:23, 7 March 2019 (EST)
Some good predictions for Easter spending: [106] --1990'sguy (talk) 00:09, 21 April 2019 (EDT)

Job openings reached a record high, and while this is clearly a good sign, I don't know if it's significant enough to add: [107][108][109][110] --1990'sguy (talk) 23:57, 11 September 2018 (EDT)

Jobless claims fell even during a government shutdown: [111] --1990'sguy (talk) 11:56, 17 January 2019 (EST)

This poll shows that 59% of Americans like Trump's performance on the economy: [112] Good news, but it's an opinion poll -- consumer confidence surveys have a higher quality. --1990'sguy (talk) 10:31, 14 December 2018 (EST)

A majority approve of Trump's economic performance according to this Wall Street Journal/NBC News poll: [113] --1990'sguy (talk) 08:54, 28 January 2019 (EST)
Another similar poll: [114] --1990'sguy (talk) 15:46, 28 January 2019 (EST)
Yet another great poll: [115] --1990'sguy (talk) 12:16, 11 April 2019 (EDT)
Op-ed by a Never-Trumper admitting (sort of) he was wrong about his prediction the economy would crash: [116] Interesting op-ed, though I don't see a place for it in this article. --1990'sguy (talk) 18:45, 25 April 2019 (EDT)
Decent op-ed related to the economy -- though it's short and probably a bit too focused on the 2020 presidential election, so I probably won't add it: [117] --1990'sguy (talk) 09:07, 30 April 2019 (EDT)
Trump's approval on the economy is at a record high, even according to CNN: [118] --1990'sguy (talk) 08:46, 2 May 2019 (EDT)
Trump economy, tax cuts, and Trump's re-election chances: 1,2,3,4,5,6,7 --1990'sguy (talk) 13:44, 4 May 2019 (EDT)
Left-wing leaders of the "black community" and "Hispanic community" are refusing to give Trump credit for the economic progress they're seeing: [119] --1990'sguy (talk) 23:01, 5 May 2019 (EDT)

Bloomberg misrepresented in a Breitbart article

For editors who have not followed User:1990'sguy to Andy's talk page, there are two different concepts being confused:

  • Idea #1: 13-year record quarterly earnings - this means that if you look at quarterly earnings for the last 13 years, the most recently reported earnings are the highest for that company. (This has nothing to do with forecast or estimated earnings.)
  • Idea #2: 13-year record quarterly earning season - this means that if you count the number of S&P 500 companies where their actual earnings for the quarter exceeded the estimated earnings projections for that same quarter for each company.

Bloomberg said idea #2. Breitbart then misread it and repeated it as idea #1. User:1990'sguy then summarized idea #1 and added it to the article.diff I then corrected it to reflect the Bloomberg article (idea #2) and the facts. diff Very few companies have reported "their best earnings in 13 years." Bloomberg is saying that a record number of companies are doing better than earlier estimates -- it might be because everyone was conservative in their estimates or that the dollar weakened faster than expected, or both. It does not mean that if you look at each company, this last earnings will be higher than any other quarter in 13 years. Perhaps we can have more editors comment on this.

I have been carefully adding back in the comparison between forecast earnings and actual reported earnings, and User:1990'sguy keeps taking it out so as to create a false claim that most of the S&P 500 have posted their highest quarterly earnings in 13 years. Please help us keep this accurate. If we can't state it accurately, perhaps it is not worth including. JDano (talk) 19:08, 14 August 2017 (EDT)

I think I have adequately explained my position here. Let's just wait to see what Andy thinks. Even if your wording is correct, I see no reason to remove the Breitbart reference. I've seen much worse errors (although I don't think the Breitbart article, which cites the Bloomberg article and directly quotes it, is in error) in MSM sources. --1990'sguy (talk) 19:12, 14 August 2017 (EDT)
I have no idea what your position is. Do accept that there are two separate concepts: one involving the absolute size of earnings and the other involves counting how many companies beat their forecast or "estimated earnings"? (See Idea #1 and Idea #2 above). If so, what in your opinion was the Bloomberg article reporting (Idea #1 or Idea #2)? Is the achievement about a companies breaking their 13-year earning records (showing a healthy economy)? Or is it about exceeding the earnings forecasts (showing a crummy forecasting model, that did not properly consider the weakening dollar)? If you tell me what you believe in your own words, we can find language that fits. JDano (talk) 21:03, 14 August 2017 (EDT)

Attracting American workers

Silicon Vally companies may have already begun to raise their wages in order to attract American workers.[120] This is good, but this report does not appear to be confirmed -- if it has even started happening -- so I will not add this now. --1990'sguy (talk) 19:43, 14 August 2017 (EDT)

You are correct that economic changes can have long lag times. What criteria are we going to use to decide what can be reported and when? JDano (talk) 20:28, 14 August 2017 (EDT)
Enough with your silly proposals for bureaucratic "criteria." The standards are clear: if something is to be added as an achievement, it must advance conservative ideals/policies. The achievement must be tangible and/or verified, rather than speculation, unless noted otherwise. This info does not regard policy achievements initiated by the administration, but rather the effect of administration policies or the mindset created by a positive perception of the Administration's policies. The same standards apply -- it must advance conservative principles/ideals. --1990'sguy (talk) 20:45, 14 August 2017 (EDT)
Michelle Malkin states in this article that there is no worker shortage: [121] Good to read, though it may not be appropriate to add to the article (it's describing an interview). --1990'sguy (talk) 23:32, 11 January 2019 (EST)

Reagan in DoL Hall of Fame

Ronald Reagan will be inducted into the Department of Labor's "Hall of Fame."[122][123][124][125] He was the only U.S. president to have led a labor union, but as president, he took some anti-union actions, such as firing the 11,000 PATCO employees -- a symbolic action, but one where someone who took anti-union actions was honored by the DoL. --1990'sguy (talk) 23:42, 27 August 2017 (EDT)

Stock Market records

The largest number of record high closes for the Dow Jones is 70 (which it reached in 1995).[126] As of today (10/18), the Dow Jones has had 48 record high closes.[127] This might be worth mentioning in the article at the end of the year, after we know the final number for 2017. --1990'sguy (talk) 22:49, 18 October 2017 (EDT)

Here's an article by Breitbart on this: [128] --1990'sguy (talk) 23:09, 7 November 2017 (EST)
Nasdaq reached another all-time high today: [129] It might be something to add, though I haven't seen too much news about it (though I haven't searched specifically for this today either). --1990'sguy (talk) 22:08, 12 July 2018 (EDT)

More stock market developments

The stock market has been more nuanced in the past few months: 1,2 Fortunately, it's been partially for the right reason -- globalist hysteria over Trump's economic nationalist agenda. --1990'sguy (talk) 10:35, 7 April 2018 (EDT)

I removed a large amount of info because it was dated and did not adequately summarize the stock market's past few months, and I added a better summary. I added the diff here for future reference. Also, here is what seems to be an interesting article on this by The New York Times, which might be good to add, but which I didn't add because of the site's paywall and because I'm worried it's overly biased against Trump: [130] --1990'sguy (talk) 23:29, 9 April 2018 (EDT)
Some more good news on stocks, though the news might be too "at the moment" to add: [131] --1990'sguy (talk) 22:54, 9 July 2018 (EDT)
More stock market growth: [132] --1990'sguy (talk) 21:51, 14 July 2018 (EDT)
More record highs: [133] --1990'sguy (talk) 18:34, 29 August 2018 (EDT)
Interesting article on how September can be a bad time for markets: [134] --1990'sguy (talk) 22:42, 3 September 2018 (EDT)
Another good day for the stock market, though probably not as significant as yesterday to add: 1,2 --1990'sguy (talk) 22:27, 21 September 2018 (EDT)
Interesting article on the stock market's reaction to some good economic news: [135] --1990'sguy (talk) 12:07, 6 October 2018 (EDT)
The stock market declines of the past couple days may not be all that bad, according to this article: [136] --1990'sguy (talk) 15:24, 12 October 2018 (EDT)
The U.S. stock market apparently has lost its edge compared to the world markets in the past week, at least for right now: [137] --1990'sguy (talk) 13:49, 14 October 2018 (EDT)
The stock market is surging again: 1,2 --1990'sguy (talk) 16:34, 16 October 2018 (EDT)
An article on how the current turbulence in stocks likely isn't perminent: [138] It's a good article, but it's speculative, so I won't add it to this page. --1990'sguy (talk) 18:36, 29 October 2018 (EDT)
World stocks are doing well: [139] --1990'sguy (talk) 10:33, 8 November 2018 (EST)
This article wonders if the decline in stocks means the economy is weakening: [140] --1990'sguy (talk) 17:59, 13 November 2018 (EST)
Regarding the stock market's decline after Trump's trade statements: [141] --1990'sguy (talk) 17:49, 5 December 2018 (EST)
Christmas Eve was a bad day for the stock market: [142] --1990'sguy (talk) 20:50, 24 December 2018 (EST)
The stock market rose over 1,000 points today, an extremely good, record-breaking performance: 1,2,3,4,5,6,7 --1990'sguy (talk) 18:07, 26 December 2018 (EST)
A very dramatic stock turnaround yesterday: [143] --1990'sguy (talk) 14:00, 28 December 2018 (EST)
Another article on this, with the context that this is at the end of the year: [144] --1990'sguy (talk) 08:09, 31 December 2018 (EST)
Because of the stock market fall in the past few weeks, U.S. stocks had the worst year since 2008: 1,2,3,8 --1990'sguy (talk) 19:45, 31 December 2018 (EST)

For the past four weeks, the stock market has been doing very well: 1,2,3 --1990'sguy (talk) 17:30, 18 January 2019 (EST)

More articles on the good stock market recently: 1,2,3,4,5 --1990'sguy (talk) 10:59, 30 March 2019 (EDT)
The stock market has performed well for three days in a row, after trade war hysteria on Wall Street: [145] --1990'sguy (talk) 22:00, 16 May 2019 (EDT)

Fed appointments

Trump apparently has a historic opportunity to reshape the composition and stances of the Federal Reserve due to an unusually large number of vacancies in the agency.[146][147] This might be worth adding to the article. --1990'sguy (talk) 18:55, 7 November 2017 (EST)

As long as he does get some good people in, that would be a good achievement. If only he could actually get rid of the fed again.... --David B (TALK) 22:42, 7 November 2017 (EST)
If only we had a president who would continue to oppose the existence of all of the independent regulatory agencies after being elected. --1990'sguy (talk) 22:46, 7 November 2017 (EST)

Trump just nominated Marvin Goodfriend, a conservative who is critical of the Fed, to serve on the board of governors: [148] --1990'sguy (talk) 11:27, 30 November 2017 (EST)

Another article on how Trump can reshape the Fed: [149] --1990'sguy (talk) 17:03, 18 June 2018 (EDT)
Trump nominated Stephen Moore to the Fed, which seems like a good thing: 1,2 --1990'sguy (talk) 18:54, 22 March 2019 (EDT)
This article notes how many Fed appointments Trump made, though several of them don't seem friendly toward his agenda: [150] --1990'sguy (talk) 14:18, 8 April 2019 (EDT)
Another article on Trump's struggle to reshape the Fed, considering that even some GOP senators don't like his conservative nominees: [151] --1990'sguy (talk) 13:50, 14 April 2019 (EDT)
More on this: [152] --1990'sguy (talk) 21:54, 14 April 2019 (EDT)
Support for Stephen Moore: [153] --1990'sguy (talk) 19:29, 16 April 2019 (EDT)
Decent op-ed about Moore's withdrawal (written by Cain, someone in the same situation): [154] --1990'sguy (talk) 18:49, 3 May 2019 (EDT)
The WH search for nominees continues: [155] --1990'sguy (talk) 17:41, 5 May 2019 (EDT)
Judy Shelton seems like she'll be a decent appointee: [156] --1990'sguy (talk) 15:36, 21 May 2019 (EDT)

More on the Fed

An interesting, though short, article on the changes happening at the Fed: [157] --1990'sguy (talk) 21:56, 13 June 2018 (EDT)

When Trump criticized the Fed's policies today, he was simply returning to doing what Reagan sometimes did, which is interesting: [158] --1990'sguy (talk) 22:04, 19 July 2018 (EDT)
Trump criticized the Fed again: [159][160] --1990'sguy (talk) 19:55, 20 July 2018 (EDT)
An interesting article about the Fed and Trump's criticisms of it: [161] --1990'sguy (talk) 22:56, 24 July 2018 (EDT)
Here's an interesting op-ed showing how Fed "independence" is a myth: [162] --1990'sguy (talk) 20:13, 31 July 2018 (EDT)
President Trump is criticizing the Fed again: 1,2,3 --1990'sguy (talk) 21:07, 20 August 2018 (EDT)
An interesting op-ed on this: [163] --1990'sguy (talk) 16:45, 23 August 2018 (EDT)
More criticisms of the Fed: 1,2 --1990'sguy (talk) 19:38, 10 October 2018 (EDT)
Another interesting article on the Fed and its potentially negative effect on the Trump economy: [164] --1990'sguy (talk) 13:51, 11 October 2018 (EDT)
Other good articles on this: 1,2,3,4 --1990'sguy (talk) 19:02, 11 October 2018 (EDT)
Trump called the Fed his "biggest threat" for raising rates too fast: 1,2,3 --1990'sguy (talk) 20:50, 16 October 2018 (EDT)
More such statements: [165] --1990'sguy (talk) 09:41, 24 October 2018 (EDT)
Another good article criticizing the Fed for the recent economic hiccups: [166] --1990'sguy (talk) 17:00, 21 November 2018 (EST)
Good news -- Powell aligned his interest rate stance closer to Trump's, and the stock market rose accordingly: 1,2,3 --1990'sguy (talk) 23:24, 29 November 2018 (EST)
The stock market decline seen lately is being blamed on the Fed: [167] --1990'sguy (talk) 21:58, 9 December 2018 (EST)
Interesting articles on Trump and the Fed, and how the reasoning behind his position differs from that of Rand Paul: 1,2 --1990'sguy (talk) 17:15, 17 December 2018 (EST)
More statements by Trump: 1,2,3,4,5,6 --1990'sguy (talk) 17:04, 18 December 2018 (EST)
Statements by Pence in light of great economic data: [168] --1990'sguy (talk) 21:21, 3 May 2019 (EDT)
More on the dispute: [169] --1990'sguy (talk) 23:12, 4 May 2019 (EDT)

Apparently, Trump has appointed pragmatic people to the Fed so far: [170] --1990'sguy (talk) 09:28, 24 September 2018 (EDT)

I cannot read this entire article because of a paywall, but it seems interesting and related to this general topic: [171] --1990'sguy (talk) 18:39, 25 February 2019 (EST)
This article states that the White House's economic forcasts (which it most recently made for the 2020 budget proposal) is more accurate overall than the Fed's: [172] --1990'sguy (talk) 17:35, 11 March 2019 (EDT)
Interesting article on what Axios claims is more political actions by Fed Chair Powell (likely MSM bias, though being "political" does mean more responsible to voters): [173] --1990'sguy (talk) 19:24, 20 March 2019 (EDT)
More statements by Trump: 1,2,3 --1990'sguy (talk) 21:04, 2 April 2019 (EDT)

More articles related to some recent Fed decisions/issues: 1,2,3 --1990'sguy (talk) 22:55, 26 April 2019 (EDT)

The Fed and climate change: [174] --1990'sguy (talk) 09:44, 8 May 2019 (EDT)
Fed overreach: [175] --1990'sguy (talk) 21:18, 10 May 2019 (EDT)

Other appointments

Monica Crowley, a strong conservative and Trump supporter, might possibly become the Treasury Department's spokeswoman: [176] --1990'sguy (talk) 20:10, 17 April 2019 (EDT)

Interesting article on how Reagan-era supply-siders have regained influence under Trump (which seems mixed, considering their support for low taxes and the free market on one hand, and their, generally, more liberal trade and immigration positions): [177] --1990'sguy (talk) 16:41, 23 April 2019 (EDT)

Corporate raises because of tax bill

More and more companies are announcing big raises because of the tax bill: 1,2,3,4,5 I'll see if I can add more of this to the article. --1990'sguy (talk) 13:14, 3 January 2018 (EST)

More on this: 1,2 --1990'sguy (talk) 20:36, 1 June 2018 (EDT)

Other tax reform news

Here's a somewhat interesting article on the tax bill's effect on companies shifting their profits to tax havens: [178] The article argues that the bill is not helping solve this issue. --1990'sguy (talk) 09:52, 20 June 2018 (EDT)

The Federal Reserve Bank in San Francisco believes that the tax cuts will have little impact -- if any -- on the economy because it's already doing well: [179] We'll see how accurate this estimate is. --1990'sguy (talk) 20:32, 10 July 2018 (EDT)
Revenue fell because of the cuts, short-term (however, spending should fall accordingly, and more): [180] --1990'sguy (talk) 22:49, 12 July 2018 (EDT)
These articles have (apparently) a completely different take on this: 1,2,3,4 --1990'sguy (talk) 22:47, 13 July 2018 (EDT)
Caterpillar stated it would raise its prices because of Trump's tariffs,[181] but its profits have doubled from the previous year and its shares have grown by 3% -- offsetting any negative effect by the tariffs -- because of the tax cuts as well as rising demand and higher energy prices: [182] --1990'sguy (talk) 14:16, 30 July 2018 (EDT)
The founder and CEO of Boston Brewing, which makes Samuel Adams beer, states that the tax cuts have helped his business compete with larger companies from foreign countries: [183] --1990'sguy (talk) 15:57, 9 August 2018 (EDT)
Some more sources related to the record tax revenues (I already added them to the deregulation sub-article): 1,2 --1990'sguy (talk) 00:12, 15 August 2018 (EDT)
Another interesting regulation on this, blocking blue states' efforts to find a loophole around the cap on state tax deductions: 1,2,3 --1990'sguy (talk) 17:19, 24 August 2018 (EDT)
The IRS's implementation of the tax bill (mainly adjusting for inflation) will reduce the effective tax cut, though it will increase government revenue: [184] --1990'sguy (talk) 16:29, 15 November 2018 (EST)

The Treasury Department released some regulations implementing the Tax Cuts bill: 1,2,3,4 Good news, though probably not significant enough to include in the article. --1990'sguy (talk) 08:23, 3 August 2018 (EDT)

More proposed rules implementing the tax cuts bill: [185] --1990'sguy (talk) 11:31, 8 August 2018 (EDT)
Interesting article on "winners and losers" from the Treasury regulations: [186] --1990'sguy (talk) 09:16, 11 August 2018 (EDT)
An interesting article on the Treasury Department's proposed rules on provisions related to the death tax: [187] Maybe this could be added, but I'm not sure its significant enough. --1990'sguy (talk) 12:09, 21 November 2018 (EST)
The Treasury Department's implementation of corporate tax regulations: [188] --1990'sguy (talk) 17:20, 29 November 2018 (EST)
Foreign banks also are receiving tax relief under the Treasury Department's regulations: [189] --1990'sguy (talk) 06:10, 14 December 2018 (EST)
The Trump Administration enacted a regulation blocking an additional tax break for alcohol companies: [190] --1990'sguy (talk) 23:23, 17 December 2018 (EST)
The Treasury Department released its final rules on several important parts of the tax cuts bill: 1,2 --1990'sguy (talk) 18:04, 18 January 2019 (EST)
More Treasury rules, this time on corporations: [191] --1990'sguy (talk) 22:31, 4 March 2019 (EST)
The administration might expand the penalty reprive for taxpayers who are still getting used to the law: [192] --1990'sguy (talk) 09:00, 15 March 2019 (EDT)
The penalty relief action has been taken: 1,2 --1990'sguy (talk) 18:54, 22 March 2019 (EDT)

The Hill wrote an article series on how the tax cut bill passed. Here's what appears to be the last in the article series: [193] --1990'sguy (talk) 17:27, 30 September 2018 (EDT)

This article states that the tax cuts have not had much effect on the capital investment or hiring plans of businesses: [194] --1990'sguy (talk) 11:40, 28 January 2019 (EST)
A somehwat interesting op-ed by Senator James Langford on the benefits of the tax bill: [195] --1990'sguy (talk) 17:45, 12 February 2019 (EST)
According to this article, some people are claiming they are paying more in taxes: [196] --1990'sguy (talk) 17:19, 27 February 2019 (EST)
More on this: [197] --1990'sguy (talk) 23:34, 24 April 2019 (EDT)
An apparent downside of the bill: [198] --1990'sguy (talk) 00:30, 5 May 2019 (EDT)

More tax cuts?

The Trump Administration may try to reduce the capital gains tax by adjusting it for inflation: 1,2,3 --1990'sguy (talk) 18:07, 30 July 2018 (EDT)

Taxes and sovereignty

This opinion article is interesting: [199] I've known for a little while that the EU-imperialists don't want to just have control over Europe, and this is yet another example of this. Hopefully, Trump will do keep an eye out on this. --1990'sguy (talk) 00:29, 7 April 2018 (EDT)

Other sovereignty issues

The Trump Administration released a statement describing a part of the Dodd-Frank repeal bill it found problematic -- a part of the law saying the federal government had to take certain positions in front of international organizations: [200] The wording is not clear, but this seems like a potential threat to U.S. sovereignty. --1990'sguy (talk) 22:54, 24 May 2018 (EDT)

Direct foreign investment in the U.S. fell by 32% in 2017, which might have a good indirect effect on economic sovereignty: [201] --1990'sguy (talk) 18:28, 11 July 2018 (EDT)
The U.S. saw a record drop in home purchases from foreign home buyers -- over 20%: 1,2,3 This may be good, as U.S. buyers now have less competition, but it may also be bad and may have little effect on national security or sovereignty. At this point, it might be best to leave it out. --1990'sguy (talk) 08:25, 27 July 2018 (EDT)
Something somewhat related to this topic -- the amount of foreign money in the U.S. increased in 2017: [202] --1990'sguy (talk) 21:23, 15 September 2018 (EDT)
It's possible that Trump will be able to choose the next World Bank leader: 1,2 --1990'sguy (talk) 14:56, 7 January 2019 (EST)
It's also possible that if Trump's choice becomes the leader, the bank's focus could shift from climate change: [203] --1990'sguy (talk) 08:59, 25 January 2019 (EST)
Trump nominated David Malpass, who appears to be a strong conservative, to lead the World Bank -- hopefully, the World Bank will accept his nomination: 1,2,3,4,5,6,7,8,9 --1990'sguy (talk) 23:31, 4 February 2019 (EST)
Trump's nomination is official: 1,2,3,4,5,6,7,8,9 --1990'sguy (talk) 14:17, 6 February 2019 (EST)
It looks like Malpass will have an easy time getting confirmed by the UN as the World Bank's leader: 1,2,3,4,5 --1990'sguy (talk) 17:12, 14 March 2019 (EDT)
Some good comments by Malpass (a while back) on the World Bank: [204] --1990'sguy (talk) 17:13, 14 March 2019 (EDT)
Malpass was approved by the World Bank and will be its next director: 1,2,3,4,6,7,8,9,10 This is good, but it's also true that while Malpass made strong comments prior to his nomination, he moderated his tone after his nomination -- indicating that he may not be such a "revolutionary" director as some people think he'll be. --1990'sguy (talk) 15:57, 6 April 2019 (EDT)
Malpass is vowing to uphold the World Bank's climate change policies, which seem ridiculous, so it seems like a good decision to not add his appointment to the article, at least for now: 1,2 --1990'sguy (talk) 18:53, 9 April 2019 (EDT)
Fortunately, Malpass stated he would reduce loans to China: [205] --1990'sguy (talk) 17:19, 11 April 2019 (EDT)
More actions by Malpass: [206] --1990'sguy (talk) 16:20, 26 April 2019 (EDT)

This article on global antitrust rules is something that might be a good idea to look into: [207] --1990'sguy (talk) 15:49, 6 April 2019 (EDT)

Trump and labor unions

This may not be significant enough to add, but the Trump Administration was trying to enforce a collective bargaining agreement that a union did not support: [208] The administration has, fortunately, been taking a tougher stance on unions. --1990'sguy (talk) 21:40, 5 July 2018 (EDT)

A federal court struck down Trump's order on federal unions: 1,2,3 Hopefully, this will be ultimately upheld. --1990'sguy (talk) 12:06, 25 August 2018 (EDT)
The NLRB proposed an interesting rule on a joint-employer standard, which appears to advance conservative policies: [209] Not sure if it should be added, since it's only a proposal, and I don't know how significant it is. --1990'sguy (talk) 14:47, 25 October 2018 (EDT)
Interesting statement by Trump against a labor union boss: [210] --1990'sguy (talk) 19:05, 17 March 2019 (EDT)
This is (obviously) a heavily-biased article, but it's still interesting as it shows how effective the administration is: [211] --1990'sguy (talk) 23:35, 10 May 2019 (EDT)

Appointments

Trump's apparent deal with Chuck Schumer on appointments to the National Labor Relations Board could hurt his agenda on labor issues: [212] --1990'sguy (talk) 08:48, 10 September 2018 (EDT)

Economic regulatory state

The Trump Administration may try to make changes to Fannie May and Freddie Mac: [213] --1990'sguy (talk) 18:35, 12 November 2018 (EST)

More on this -- the administration is reportedly planning on ending government control over the two companies: [214] --1990'sguy (talk) 23:41, 25 January 2019 (EST)
More bank mergers are occurring under the Trump Administration: [215] --1990'sguy (talk) 08:46, 13 February 2019 (EST)
Investors are waiting for the guidelines on the new "opportunity zones" Trump signed an executive order on: [216] --1990'sguy (talk) 00:07, 5 March 2019 (EST)
The Labor Department sent a proposed rule over joint employment to the White House to review: [217] --1990'sguy (talk) 18:07, 7 March 2019 (EST)
More on the proposed Fannie/Freddie changes: [218] --1990'sguy (talk) 23:05, 15 April 2019 (EDT)
The Treasury Department proposed a rule to implement a law passed by Congress slightly reducing regulations on smaller banks: [219] --1990'sguy (talk) 10:23, 19 April 2019 (EDT)
Trump should apparently repeal or reform the Community Reinvestment Act, which he hasn't done so far: [220] --1990'sguy (talk) 08:57, 26 April 2019 (EDT)

Opposing socialism

Here are some extra sources regarding statements Trump made against socialism: 1,2,3 --1990'sguy (talk) 17:35, 7 February 2019 (EST)