Marketwatch: End of the Trump bump? ISM manufacturing joins host of indicators that are at lowest le

[UpInArms]

End of the Trump bump? ISM manufacturing joins host of indicators that are at lowest level since election

The Institute for Supply Management reported Friday its manufacturing purchasing managers index in February fell to the lowest level since November 2016.

It’s funny how often that date is cropping up.

The ISM index now joins other economic series falling to the lowest level since President Donald Trump surprised almost everybody with a victory, leading to expectations, in many parts realized, of tax cuts and deregulation.

But two years later, the luster appears to be fading.

• The University of Michigan’s consumer sentiment index hit Trump-era lows in January, and only inched higher in February.

• The National Federation of Independent Business — a very pro-Republican trade group — reported its small-business optimism index in January fell to the lowest level since November 2016.

https://www.marketwatch.com/story/end-of-the-trump-bump-ism-manufacturing-joins-host-of-indicators-that-are-at-lowest-level-since-election-2019-03-01?mod=mw_latestnews

[unblock]

1. "trump bump"? yeah, let's give credit for the straight-line extension of obama's lengthy recovery

to the scandal-ridden incompetent criminal whose only accomplishments have been to drain the treasury, kill trade deals, and introduce massive uncertainty into international commerce by introducing trade-killing tariffs.

[Gothmog]

2. There was no trump bump-trump is killing the Obama recovery

[unitedwethrive]

3. Exactly!

Trump did nothing to help the economy except issue false promises.

[Downtown Hound]

4. What Trump bump?

He rode in on the tail of the longest economic expansion in the history of the country and claimed all the credit for himself. He also more than doubled the federal deficit. If your friend suddenly showed up with a new car, new TV, new computer, and went on a huge vacation, but then you learned he paid for it all on credit cards and had no way to pay it back, would you think of him as a financial genius?

[smirkymonkey]

6. +1000

Unfortunately, there are too many stupid people in this country who aren't really paying attention to facts.

[duforsure]

5. The economy can't be good for long when you

Take just under 2 trillion out of Medicaid, Medicare, and Social Security which trump and the gop did, and it was in their tax scam bill. You won't have a stable or good economy when you rob millions of the health care plan, and cause the rest premiums to skyrocket, and then give billions to the wealthiest people in this country in tax refunds every year forever. Your economy can't do good when in millions of working people are seeing their taxes go up quickly , taking 100's of dollars a month out of their pockets, and expected the $4,000 trump and the gop promised them, which they're finding out now was a lie. Now we're seeing manufacturing move out of this country, and trumps tariffs hurting people in many area's , while he claims we're doing great, which again is a lie, he's robbing even his own supporters blind now. Trump and the gop again have run the deficit straight upward by giving it to the wealthy, and robbing the rest of us blind , and people want to vote to do that to themselves?

[dalton99a]

7. +1