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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
10-30-2018, 01:47 PM
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#1
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,456
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Potus says the stock market is just taking a little pause.
Over a years worth of gains wiped out and he calls that a little pause, what I lost in a year would pay my bills for two years, little pause my arse.
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10-30-2018, 03:55 PM
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#2
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Registered User
Join Date: Dec 2002
Posts: 8,718
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Trumps fault,let him hear it. He had nothing to do with the gains and the losses are his doing.
Posted from my iPhone/Mobile device
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10-30-2018, 04:28 PM
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#3
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by Got Stripers
Over a years worth of gains wiped out and he calls that a little pause, what I lost in a year would pay my bills for two years, little pause my arse.
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you sound greedy... |
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10-30-2018, 04:47 PM
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#4
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,369
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Quote:
Originally Posted by Sea Dangles
Trumps fault,let him hear it. He had nothing to do with the gains and the losses are his doing.
Posted from my iPhone/Mobile device
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Not his fault. But he can't trumpet the gains as his policies and not expect to hear about it when it goes down.....
Posted from my iPhone/Mobile device |
Bryan
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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10-30-2018, 04:53 PM
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#5
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by RIROCKHOUND
Not his fault. But he can't trumpet the gains as his policies and not expect to hear about it when it goes down.....
Posted from my iPhone/Mobile device
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did he trumpet he doesn't expect to hear about it when it goes down? |
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10-30-2018, 04:55 PM
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#6
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,456
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Quote:
Originally Posted by RIROCKHOUND
Not his fault. But he can't trumpet the gains as his policies and not expect to hear about it when it goes down.....
Posted from my iPhone/Mobile device
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Exactly, he has been taking full credit for the stock market since elected, now after its lost over a year of gains, it’s just a pause. Not only that, he warns that the only way to get it rolling again is to vote republican. He is so full if it.
Posted from my iPhone/Mobile device |
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10-30-2018, 04:58 PM
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#7
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Registered User
Join Date: Nov 2007
Posts: 12,632
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did you see what he did there? "trump"et...pretty clever that guy  |
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10-30-2018, 07:09 PM
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#8
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by Sea Dangles
Trumps fault,let him hear it. He had nothing to do with the gains and the losses are his doing.
Posted from my iPhone/Mobile device
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EXACTLY. The gains were Obamas, the losses are Trumps. |
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10-30-2018, 07:11 PM
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#9
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by Got Stripers
Exactly, he has been taking full credit for the stock market since elected, now after its lost over a year of gains, it’s just a pause. Not only that, he warns that the only way to get it rolling again is to vote republican. He is so full if it.
Posted from my iPhone/Mobile device
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You evaluate him, based on how the market did from the day h got sworn in, until the present. Not just the last 2 weeks.
It's a blip GS, nothing more. Our fundamentals are very solid, this wasn't a reaction to a housing bubble or a tech bubble. For people who put money in regularly like every paycheck, the dips are a good thing, a very good thing. |
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10-30-2018, 08:42 PM
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#10
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,456
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Clearly you didn’t get my point, Trumps takes FULL credit for the market, which is BS and you know it. That’s why I say he is full of it, he takes full credit and minimizes loosing a full years gains. He is in control of the market just as much as you and I are, but certainly you calling it a blip is expected.
Posted from my iPhone/Mobile device
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10-30-2018, 09:22 PM
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#11
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,591
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His tarrif war sure hasn’t helped stock prices. All the tariffs are really doing is funding his tax cut for the 1%
Posted from my iPhone/Mobile device
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10-30-2018, 09:22 PM
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#12
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by Got Stripers
Clearly you didn’t get my point, Trumps takes FULL credit for the market, which is BS and you know it. That’s why I say he is full of it, he takes full credit and minimizes loosing a full years gains. He is in control of the market just as much as you and I are, but certainly you calling it a blip is expected.
Posted from my iPhone/Mobile device
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That is a valid point, he will say tht ups are because of him, but the dips are not his doing. You are correct. |
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10-31-2018, 02:38 AM
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#13
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Obama is still taking credit and he's not even president any more...and I know he won't take any of the blame
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10-31-2018, 09:36 AM
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#14
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by Nebe
His tarrif war sure hasn’t helped stock prices. Posted from my iPhone/Mobile device
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The tariff war has not, at least as yet, helped stock prices. But the market is up nicely since he became POTUS, that is fact. |
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10-31-2018, 09:36 AM
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#15
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by scottw
Obama is still taking credit and he's not even president any more...and I know he won't take any of the blame
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It was Obama's economy until 2 weeks ago. Because shut up, that's why. |
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11-01-2018, 06:45 AM
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#16
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BuzzLuck
Join Date: Feb 2009
Location: Brockton
Posts: 6,414
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Just wait 3-4 months, all markets will be at all time highs again  |
 Given the diversity of the human species, there is no “normal” human genome sequence. We are all mutants.
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11-01-2018, 12:07 PM
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#17
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Super Moderator
Join Date: Sep 2003
Location: Georgetown MA
Posts: 18,189
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This thread started on Tuesday, as of today, over 1000 pts recovered.
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"If you're arguing with an idiot, make sure he isn't doing the same thing."
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11-01-2018, 12:13 PM
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#18
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by The Dad Fisherman
This thread started on Tuesday, as of today, over 1000 pts recovered.
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Yeah but that 1,000 point recovery is because of Obama. |
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11-01-2018, 01:11 PM
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#19
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,075
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Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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11-01-2018, 01:18 PM
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#20
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by Pete F.
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so when obama said we all needed to get used to gdp growth of 2.5% or so, and trump has trounced that, how do you explain? wait, i know!!! obama was too humble to brag about the economic genius he is, so he didn’t want to brag that thanks to him, gdp growth would exceed 3.5% after he was gone.
Trumpninherited a good economy. By almost any conceivable measure, he had made it better. only serious partisan zombies are still denying this. it ain’t perfect. but it’s better than it was.
Posted from my iPhone/Mobile device |
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11-01-2018, 02:02 PM
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#21
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Registered User
Join Date: Jul 2004
Posts: 10,242
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Trump primed the economy w/the tax cuts which seem to be starting to drown us in debt. Plus 1/2 % from last quarter was 1 time soy bean purchases bc of the tariffs.
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11-01-2018, 02:33 PM
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#22
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,369
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Quote:
Originally Posted by PaulS
Trump primed the economy w/the tax cuts which seem to be starting to drown us in debt. Plus 1/2 % from last quarter was 1 time soy bean purchases bc of the tariffs.
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Stop that, you partisan zombie you....  |
Bryan
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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11-01-2018, 02:53 PM
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#23
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by PaulS
Trump primed the economy w/the tax cuts which seem to be starting to drown us in debt. Plus 1/2 % from last quarter was 1 time soy bean purchases bc of the tariffs.
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ah, the drowning in debt didn’t start until january 2017. not much debt was accumulated from 2008 - 2016?
how about unemployment, specifically black employment?
can’t give trump credit for anything.
Posted from my iPhone/Mobile device |
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11-01-2018, 02:59 PM
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#24
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,075
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The Trump administration is bragging about the growth in the U.S. economy but things are not looking as good for the Black community: our unemployment is on the rise.
The U.S. economy grew at a rate of 4.1 percent in the second quarter and was “up from 2.2 percent in the first three months of the year,” The New York Times reported. It was the strongest quarter of growth since 2014. In addition, consumer spending increased 4 percent but private investment decreased slightly as “the housing market cooled.”
The economic growth, however, should not be expected to be long-lasting, The New York Times also reported.
“The second-quarter acceleration was widely anticipated by economists, a result of a confluence of events unlikely to recur,” the report read.
One event is mounting trade tensions that “led foreign buyers to stock up on American products before their governments imposed tariffs.” Also, a rise in government spending was linked to a budget deal that Congress passed this year.
“Federal spending rose at a 3.5 percent rate in the second quarter,” the report said. “The effects of the spending deal won’t be quite as short-lived as the trade bump, but they are likewise temporary; economists think the impact on growth will peak late this year.”
While the economy is doing better for now but this isn’t the same for the Black community. As we all know, the Black unemployment has been at an all-time low due to policies that have rolled over from the Obama administration, however, that number is slowing ticking up.
“The national unemployment rate for African Americans inched up in June to 6.5%, after hitting an all-time low of 5.9% in May,” Forbes reported.”Many African American households are worse off than they were 30 years ago.”
The Black unemployment rate is almost double the 3.5 percent unemployment rate for whites and 4.6 percent for Hispanics. About eight percent of African-American homeowners lost their properties to foreclosure from 2007 to 2009, according to estimates from the Center for Responsible Lending. Also, only 43 percent of Black people owned homes in 2017, according to an annual report from the Joint Center for Housing Studies of Harvard University.”
Nonetheless, the facts will probably not stop Trump from spitting out myths of how he has helped the Black community.
NewsOne staff
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Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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11-01-2018, 04:48 PM
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#25
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Registered User
Join Date: Jul 2004
Posts: 10,242
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Quote:
Originally Posted by Jim in CT
ah, the drowning in debt didn’t start until january 2017. not much debt was accumulated from 2008 - 2016?
how about unemployment, specifically black employment?
can’t give trump credit for anything.
Posted from my iPhone/Mobile device
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I was responding to your post praising Trump. We're talking to different time periods. One when we were recovering from the worst economic time since the Great Depression and the second when times are great. Black unemployment has been going down for many years. Good to see it's continuing to go down.
Posted from my iPhone/Mobile device |
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11-02-2018, 04:35 AM
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#26
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by Jim in CT
can’t give trump credit for anything.?
Posted from my iPhone/Mobile device
Quote:
Originally Posted by PaulS
I was responding to your post praising Trump. We're talking to different time periods. One when we were recovering from the worst economic time since the Great Depression and the second when times are great.. Black unemployment has been going down for many years. Good to see it's continuing to go down.
Posted from my iPhone/Mobile device
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I guess that's a no... |
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11-02-2018, 08:18 AM
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#27
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Registered User
Join Date: Jul 2004
Posts: 10,242
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Quote:
Originally Posted by PaulS
Good to see it's continuing to go down.
Posted from my iPhone/Mobile device
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Quote:
Originally Posted by scottw
Quote:
Originally Posted by Jim in CT
can’t give trump credit for anything.?
Posted from my iPhone/Mobile device
I guess that's a no...
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Your snarkiness has started to hurt your reading comprehension. |
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11-02-2018, 08:38 AM
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#28
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Registered User
Join Date: Jul 2008
Posts: 20,435
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Quote:
Originally Posted by PaulS
Your snarkiness has started to hurt your reading comprehension.
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I believe you have been fair with giving Trump some credit here, which is rare for your side. It is great, of course, that it's coming down. |
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11-02-2018, 08:55 AM
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#29
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Registered User
Join Date: Jul 2004
Posts: 10,242
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I actually don't think any Pres. deserves as much credit/scorn for the economy. I usually say they own it after 1 year though.
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11-02-2018, 03:59 PM
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#30
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Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,197
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can’t give trump credit for anything.
Trump overshadows anything a normal POTUS would get credit for ,, Because he can't keep his mouth shut he makes grandiose proposals based solely because of the midterms .. its obvious to everyone except his supporters
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