In the third quarter of 2016, the Real Gross Domestic Product (GDP), increased by 2.9%. That's about double the increase in the second quarter! https://www.bea.gov/newsreleases/national/gdp/gdphighlights.pdf
But, there is even more good economic news. The unemployment rate has been at or below 5% for 12 consecutive months. That's an entire year! http://data.bls.gov/pdq/SurveyOutputServlet
And this is true even though more Americans have been entering the labor force since the employment picture has improved.
And, finally, "The number of Americans seeking unemployment benefits stayed at a 43-year low last week in the latest sign that layoffs are scarce." https://finance.yahoo.com/news/applications-us-unemployment-aid-remain-1...
Why is this significant? Because if we look at, and/or read the MSCM, one would think that America is in worse shape than ever is our history. This is so far from the truth, it would be funny, if it weren't so serious.
I understand that the U.S. economy is far from ideal. But, look how far we've come since the Great Recession! WOW!! And, look how well we've done since the Republicans and conservatives predicted that a second term for Obama would mean economic ruin. On the contrary, when Obama took office first in January of 2009, the unemployment rate was 7.8%. By October of that year, it had soared to 10.0%. By those same measures, it is now around 5.0%. That's a great improvement!
I've said before that I watch a LOT of CNBC [not MSNBC]. I have not seen or heard one investment and/or business expert yet state that (s)he would trade the position of our economy for that of any other nation in the world, even though one of the major party candidates for POTUS this year openly touts the statistics from China. I guess he knows more about world economics than do investment experts, just like he knows more about ISIS than the generals do. Just trust him, he says. That sounds just like the calls I get from the IRS [I know that they are all faked] stating that I owe the IRS thousands of dollars, and I must remit money to the PO Box they give me. But, that's OK. Vote for the flim-flam artist. If he wins, we'll all pay a stiff price for that! [Don't look behind the curtain. Ignore that man behind the curtain. The Wizard of Oz is real!]