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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: |
08-15-2019, 06:19 PM
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#31
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,708
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Stay tuned, the beautiful economic wave Trump rode in on, might be about to break and I’m not sure he can swim in the turbulent waters that might be coming.
Posted from my iPhone/Mobile device
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08-15-2019, 06:59 PM
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#32
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by Got Stripers
Stay tuned, the beautiful economic wave Trump rode in on, might be about to break and I’m not sure he can swim in the turbulent waters that might be coming.
Posted from my iPhone/Mobile device
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There was no " beautiful economic wave Trump rode in on". There was a stagnant economy that mostly reflected the overall 2% growth rate or less that Bush Senior had in his four years that the Dems trashed as more of a recession or depression or just a terrible thing to put the American people through. There was an inevitable recovery from the 2008 bubble burst if nothing too drastic was done to correct it. Actually, the constant QE's probably slowed down the correction. Trump's tax and regulatory policies wiped away some of the obstacles that the previous administration concocted with its regulations and stranglehold of the economy that was admired by the Press which predicted that the anemic growth and loss of jobs and large number of people needing assistance was the respectable "new normal" that would eventually be appreciated by the masses as government eased their way into a technological new age of income disparity, the elimination of the middle class, and the wonderful regulations that would assist the large numbers of people who didn't have the education and qualifications to join the smaller wave of the educated and competent few. Given the slowing down of population growth aided by the free spread of birth control, and the herding of the fewer youth into technological arenas, eventually a smaller but well regulated population would emerge--the glowing "new normal." |
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08-16-2019, 05:32 AM
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#33
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Ledge Runner Baits
Join Date: Oct 2000
Location: I live in a house, but my soul is at sea.
Posts: 8,708
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And what is the GDP now, where is the billions of dollars a Trumps trade war is bringing in from China, how are those farmers doing with our tax payer bailout, but no swamp draining, no deficit paydown and no cut back in golfing or the millions we pay for security at his resorts. Your kidding yourself if you don’t think Trump inherited a strong and growing economy, one that came a long way from what Obama inherited.
Posted from my iPhone/Mobile device
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08-16-2019, 06:59 AM
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#34
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Registered User
Join Date: Dec 2002
Posts: 8,718
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Thank you for letting us know he has made the economy stronger. Enjoy real leadership you liberal fool.
Posted from my iPhone/Mobile device
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08-16-2019, 08:25 AM
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#35
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,454
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350K
Posted from my iPhone/Mobile device
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08-16-2019, 02:30 PM
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#36
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Registered User
Join Date: Jul 2008
Posts: 20,443
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Quote:
Originally Posted by Got Stripers
If you gauge the economy by the market, yes I’d agree the tax cuts certainly gave a big shot in the arm for corporate profits, top earners and the market. When deregulation f*cks the environment for bottom line, sorry I don’t see that as a win for anyone but those profiting by the move.
Posted from my iPhone/Mobile device
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in
addition to the
markets, how
about unemployment and gdp? are those healthy? or has trump
destroyed those? he didn’t just ride obama’s wave, he did things very differently, and whether you like it or not, it’s working.
Posted from my iPhone/Mobile device |
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08-16-2019, 04:33 PM
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#37
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,501
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Quote:
Originally Posted by Jim in CT
in
addition to the
markets, how
about unemployment and gdp? are those healthy? or has trump
destroyed those? he didn’t just ride obama’s wave, he did things very differently, and whether you like it or not, it’s working.
Posted from my iPhone/Mobile device
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Unemployment is a lagging indicator, GDP has been dropping and the global slowdown is very real. Manufacturing orders are really starting to drop off. Just read the other day bond yields have inverted as well.
Some of this would have happened regardless of Trump or Clinton but the tax cuts proved to be little more than a sugar high as expected and the trade wars are destabilizing the situation.
Not sure what your definition of working is. |
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08-16-2019, 09:17 PM
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#38
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by spence
Unemployment is a lagging indicator, GDP has been dropping and the global slowdown is very real. Manufacturing orders are really starting to drop off. Just read the other day bond yields have inverted as well.
Some of this would have happened regardless of Trump or Clinton but the tax cuts proved to be little more than a sugar high as expected and the trade wars are destabilizing the situation.
Not sure what your definition of working is.
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You have this gifted knack of appearing to be saying something important. |
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