LordReed:


What is clear is Trump has no skill in problem solving, he rides the wave of good fortune and when that ends looks like a fish out of water. If Obama had not left the economy on the up swing the only thing Trump would have done was complain. Look at how he failed to do anything about healthcare reform or infrastructure.

I am hoping he and his supporters start a new party let it be even more clear he's a bumbling idiot.

OgaTheTop2:
Pardon don start

Ladyhippolyta88:
Trump pardoned Bannon.

MAGA

BraniacX:
like I said, he was testing the waters with lil Wayne and co, these last hours of his presidency will be interesting

JESHAL:



Can't wait for more drama
I dey Nairaland GIDIGBA

JESHAL:


You Sabi speak pidgin
So all these progressivism na mere yanga
I will stop quoting you if you stop putting negative comments about Trump and conservatives

Till then we gada dey the same trouser

bayelsaowei:

BraniacX:
hey #balless how many accounts do you think you'd go through today?

BraniacX:
hey smeagol! grown a pair yet?

wirinet:


I would like you to list the attribute that makes conservatives love the former escort. Those attributes you want your daughter or wife to emulate.

JESHAL:



Are you trying to get the attention of Ladyhippolyta88 , leave me alone

BraniacX:
I already have all the attention I need #balless

BraniacX:
especially his daughter @JESHAL

ZooOga:
Trump stock performance falls short of Obama, Clinton

BY NIV ELIS - 01/19/21 04:24 PM EST

https://thehill.com/policy/finance/534881-trump-stock-performance-falls-short-of-obama-clinton


President Trump is closing out his time in office with a significant increase in the stock market, but has fallen short of stock gains seen under predecessors former Presidents Obama and Clinton.

From Trump's inauguration day, the Dow Jones Industrial Average rose from 19,827 to 30,930 on Tuesday, a 56 percent increase.

That increase is below the 73.2 percent rise the Dow saw in Obama's first term, or the 105.8 percent increase under Clinton's first term.

A similar trend was true for the S&P 500, which gained 67.8 percent under Trump, rising from 2,263 to 3,799. It gained 84.5 percent in Obama's first term, and 79.2 percent in Clinton's first term.

The sole exception in the past three decades has been former President George W. Bush, who saw the Dow fall 3.7 percent and the S&P fall 12.5 percent in his first four years in office.

The figure will be unwelcome news to Trump, who frequently touted the stock market's performance as a sign of his economic acumen and business-minded policies.

The outgoing president still highlighted the market in a farewell address Tuesday.

"The stock market set one record after another, with 148 stock market highs during this short period of time, and boosted the retirements and pensions of hardworking citizens all across our nation," he said, adding that 401(k)s reached new highs.

"We’ve never seen numbers like we’ve seen, and that’s before the pandemic and after the pandemic."

Other indicators also show that Trump fell short of several of his major economic campaign promises.

Trump, who campaigned on the unlikely promise to wipe out the $14.4 trillion debt held by the public, oversaw a whopping 50 percent increase in the debt level instead, leaving it at $21.6 trillion.

While a significant portion of that increase was due to emergency spending to battle the COVID-19 pandemic, more than half is attributable to the combination of unfunded tax cuts and increases in domestic and military spending on top of the debt's previous growth trajectory.

Trump also failed to achieve the 3 percent annual growth rate he promised on the campaign trail and in office, let alone the 4, 5 or 6 percent rates he occasionally touted.

Dow jumps 250 points on final day of Trump presidency
On The Money: Yellen champions big spending at confirmation hearing...
He did oversee the largest quarterly economic growth on record in the third quarter, which rose at an annual rate of 33.1 percent, but that was largely a bounce back from the worst-ever quarter on record with a 31.4 percent drop in the second quarter amid the pandemic and 5 percent the previous quarter.

The one area where Trump's economic legacy shone was in unemployment, which fell to 50-year lows of 3.5 percent under his watch, and saw historic lows among groups such as African Americans and Latinos.

But as he leaves office, those figures are elevated as a result of the pandemic, with unemployment at 6.7 percent, including 9.9 percent for African Americans and 9.3 percent for Latinos.

ZooOga:

POLITICS

‘The U.S. is back’: Europe cherishes Trump’s departure on Biden’s Inauguration Day

PUBLISHED WED, JAN 20 20215:05 AM EST UPDATED WED, JAN 20 20215:21 AM EST
Silvia Amaro
@SILVIA_AMARO

KEY POINTS

The U.S. and the EU have been at odds over several issues, from international trade to climate change, since President Trump arrived at the White House in January 2017.
However, the EU is hoping that a Biden administration will mean more cooperation going forward.
“This day brings good news: The United States is back,” Ursula von der Leyen, the president of the European Commission said on Wednesday.
President Donald Trump departing from the White House.
President Donald J. Trump stops to talk to reporters as he walks to board Marine One and depart from the South Lawn at the White House.
The Washington Post | The Washington Post | Getty Images
LONDON — The European Union is cheering the arrival of President-elect Joe Biden after four fractious years under the leadership of Donald Trump.

Just hours before the president-elect takes an oath to serve as the 46th president of the United States, European officials were not afraid of expressing their happiness at Biden’s forthcoming inauguration and ambitions for the new administration.

“This day brings good news: The United States is back and Europe stands ready to reconnect with an old and trusted partner,” Ursula von der Leyen, the president of the European Commission said on Wednesday.

“Joe Biden’s oath will be a message of healing for a deeply divided nation and it will be a message of hope to a world waiting for the U.S. to be back in the circle of like-minded states,” von der Leyen also said in Brussels, adding that “after four long years, Europe has a friend in the White House.”

The U.S. and the EU have been at odds over several issues, from international trade to climate change, since President Trump arrived at the White House in January 2017. The president’s combative style and unilateral actions were not welcomed by European officials, who were used to coordinating some policies with the United States.



However, the EU is hoping that a Biden administration will mean more cooperation going forward.

“It is more than a transition, it is an opportunity to rejuvenate the transatlantic relationship,” Charles Michel, European Council president, said on Wednesday.

The European Union announced in December a plan on how to improve the transatlantic relationship. This is focused on four major policy areas: health response, climate change, trade and tech, and security.

But European officials are also aware that when it comes to digital taxation, for instance, it might be hard to reach an agreement overnight.

President- elect Joe Biden.

The Washington Post | The Washington Post | Getty Images
“We have our differences and they will not magically disappear,” Michel also said at the European Parliament.

Earlier this week, European finance ministers discussed with the former economic advisor to the Obama administration, Larry Summers, the future of the transatlantic relationship.

According to one EU official, who did not want to be named due to the sensitivity of the talks, Summers said this will be the first time since the fall of the Berlin Wall that there will be such a close relationship between the U.S. and the EU.

However, Summers also tried to manage expectations, suggesting that it may take a bit longer than expected for the new administration to settle in and appoint all the necessary officials it needs.

https://www.cnbc.com/2021/01/20/biden-inauguration-day-europe-cherishes-trumps-departure-.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1611137189

____________________________
Ursula von der Leyen
@vonderleyen
·

I am delighted that on day one of this new administration, the US will rejoin the #ParisAgreement.

This is the starting point for our renewed cooperation.

And way more is to come.
President of the
@EU_Commission
. Mother of seven. Brussels-born. European by hear

LordReed:


What is clear is Trump has no skill in problem solving, he rides the wave of good fortune and when that ends looks like a fish out of water. If Obama had not left the economy on the up swing the only thing Trump would have done was complain. Look at how he failed to do anything about healthcare reform or infrastructure.

I am hoping he and his supporters start a new party let it be even more clear he's a bumbling idiot.

edi287:
Let's save some for the delusional ones here...

"If I release the kraken"

JESHAL:



Are you trying to get the attention of Ladyhippolyta88 , leave me alone

Ladyhippolyta88:


My goodness what is wrong with you na?I will lay a complain to the mods the next time you mention me unnecessarily.

Better stop it are you high or something?leave me alone stop mentioning me the next time you do I will report you

JESHAL:


Ok,I will only quote you when necessary when you make comments
Reporting me will re-activate Bloodysperm and we all know how that will go
Don't threaten me again

Ladyhippolyta88:

You are not worth threatening.

I have told you now get lost

JESHAL:


[s]You want to be a bad bitch given me orders right

Now you listen to me, never quote me ever again for any reason even if I quote you

Nonsense[/s]

OgaTheTop2:
A new day in America....Good morning peeps

edi287:
So much for draining the swamp..