Break Net Trend News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Americans, blue collar americans. and the first chart is core capital goods orders and the second chart the core capital goods shipments. and if you look at it, the blue, again, shows a clear downward trajectory in billions of dollars and then that trajectory reversed itself completely when president trump was elected. physical you are going to assert that the current good news is just the extension of a recent trend, then you just simply would be factually incorrect. the next slide, please. here we're looking at the ism purchasing manager's index, which is a survey of people who are purchasin...

Please? that's the first slide again. there we go. so the first slide we're looking at is the small business optimism. and this is basically par parallel construction, you're going to see that each of the slides we go through is going to look a lot like this. and so the blue part to the left of the slide is what happened from the 2012 election through the 2016 election. and the dotted blue line is the trend that president trump inherited from the previous president and the red line is what actually happened with the data. so i think that if you look at this chart, you can see the first thing i...

Part on the left, you can see there's a clear downward trend going on in the growth rate of that for president obama, and a clear inflection timed to almost precisely the election. and the notion again that somebody might defensively attempt to assert that this is a continuation of the trend is almost laughable, if you look at this chart and, you know, look at the rest of them. now, somebody might say, if you're showing a bunch of charts, well, geez, maybe it depends on when you estimate the trend. and i'm sure that if you went back and began your estimate of the trend at the civil war and tho...

So she looked at that one and she said, geez, that looks like a very strong second derivative to me. and i said, i didn't know you did calculus. and she said, i like calculus better than talking to these guys. the next chart is prime age workers, reentering the labor force. and if you look at the trend, one of the things people said when we put out our growth forecast that would say that we would have 3% growth, was that we said that president trump's policies will bring factories back to the u.s., give you the capital spending boom you saw in the previous chart, and that was going to bring pe...

Podium to take your questions on this topic. and as always, i'll be back up to answer questions on news of the day. and i apologize in advance for kevin's really bad calculus jokes. and with that, kevin. >> thanks. it's really a great pleasure to be back here and thank you, sarah, for the kind introduction. you know, one of the hypotheses that's been floating around about the economy lately is that the strong economy we're seeing is just a continuation of recent trends. and you know, since we're the nerds at the white house, we decided that this is a testable hypothes hypothes hypothesis. so w...