Don Potus Corleone

[Got Stripers]

Originally Posted by Jim in CT

not exactly true. the 2008 recession happened pretty damn quick. the current correction happened quick.

guys, he inherited a robust economy, and he made it a little better. most business leaders say that the confidence he provides that there’s a businessman in the white house, the regulations he did away with, and the tax cut, all helped.


What are you afraid will happen, if you admit he helped the economy? no one is saying he inherited a mess. But he did things differently from his predecessor, and they pretty much worked. the market is tumbling because of profit taking, the fed, global concerns, the sense that a recession is inevitable, and his tariff war ( the only one of these things he controls).

your total lack of ability to be objective with this guy, is something to behold. it really is.
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Never said he didn’t help somewhat help keep the ship moving forward, but I also suspect there wouldn’t have been much difference with any other candidate, not in the first couple years. You are mistaken that the economy can turn on a dime, sure the stock market can make corrections quickly, but i wasn’t talking about the market.

While Trumps moves, primarily for corporate America and the upper class, certainly kept things going; his moves this past year seem to be having the opposite affect. If you want to make the case the market is a good barameter of the economy, how is loosing well over an entire years gains anything but negative?
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[Jim in CT]

Originally Posted by Got Stripers

Never said he didn’t help somewhat help keep the ship moving forward, but I also suspect there wouldn’t have been much difference with any other candidate, not in the first couple years. You are mistaken that the economy can turn on a dime, sure the stock market can make corrections quickly, but i wasn’t talking about the market.

While Trumps moves, primarily for corporate America and the upper class, certainly kept things going; his moves this past year seem to be having the opposite affect. If you want to make the case the market is a good barameter of the economy, how is loosing well over an entire years gains anything but negative?
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"but I also suspect there wouldn’t have been much difference with any other candidate, not in the first couple years. "

Maybe. No way of knowing. There are economists who say we're overdue for a recession, and that his pro-growth policies are helping delay that. The corporate tax cut is a big deal, and that was him.

"You are mistaken that the economy can turn on a dime"

Not on a dime. But not always at the pace of a cargo ship or glacier, either. I'm also not talking just about the market.

"While Trumps moves, primarily for corporate America and the upper class"

Black unemployment lowest EVER. Every move that a POTUS makes to grow the economy in a macro sense, will help the wealthy more, because they have more to invest, therefore they benefit more from growth. Did income inequality not increase when Obama got the economy back on track? How come no one cried about income inequality when Obama was exacerbating it? Can you answer that? I never, not once, heard you guys complain about income inequality from 2009-2016, and for damn sure the market gains increased income inequality. In January 2017, income inequality became a bad thing.

"his moves this past year seem to be having the opposite affect. "

You're all over the place. First you said that the economy only changes slowly, now you're saying that the moves that Trump made this year, are hurting the economy. Also, before you said there was more to the economy than the stock market, now you are focusing on the market correction, when all other economic fundamentals are healthy and robust.

So let's summarize what you are saying:

Trump inherited a healthy economy

there is more to the economy than the stock market performance

he made some moves in 2017, but they probably didn't contribute much to the economic improvement that occurred in 2017. The economic results in 2017 (which were good), aren't a result of trump.

Now in 2018, the stock market is doing poorly, everything else (unemployment and GDP and corporate profits) are favorable. And all of a sudden, (1) all that matters is stock market performance, let's ignore GDP and unemployment, and (2) NOW that "the economy" is doing poorly, and only then, does Trump own the results.

Sounds fair.

[Got Stripers]

Originally Posted by Jim in CT

"but I also suspect there wouldn’t have been much difference with any other candidate, not in the first couple years. "

Maybe. No way of knowing. There are economists who say we're overdue for a recession, and that his pro-growth policies are helping delay that. The corporate tax cut is a big deal, and that was him.

"You are mistaken that the economy can turn on a dime"

Not on a dime. But not always at the pace of a cargo ship or glacier, either. I'm also not talking just about the market.

"While Trumps moves, primarily for corporate America and the upper class"

Black unemployment lowest EVER. Every move that a POTUS makes to grow the economy in a macro sense, will help the wealthy more, because they have more to invest, therefore they benefit more from growth. Did income inequality not increase when Obama got the economy back on track? How come no one cried about income inequality when Obama was exacerbating it? Can you answer that? I never, not once, heard you guys complain about income inequality from 2009-2016, and for damn sure the market gains increased income inequality. In January 2017, income inequality became a bad thing.

"his moves this past year seem to be having the opposite affect. "

You're all over the place. First you said that the economy only changes slowly, now you're saying that the moves that Trump made this year, are hurting the economy. Also, before you said there was more to the economy than the stock market, now you are focusing on the market correction, when all other economic fundamentals are healthy and robust.

So let's summarize what you are saying:

Trump inherited a healthy economy

there is more to the economy than the stock market performance

he made some moves in 2017, but they probably didn't contribute much to the economic improvement that occurred in 2017. The economic results in 2017 (which were good), aren't a result of trump.

Now in 2018, the stock market is doing poorly, everything else (unemployment and GDP and corporate profits) are favorable. And all of a sudden, (1) all that matters is stock market performance, let's ignore GDP and unemployment, and (2) NOW that "the economy" is doing poorly, and only then, does Trump own the results.

Sounds fair.

No I'm actually not all over the place, but spin it however you like. Didn't say the stock market dive this year means the economy has turned on a dime, but I'll applaud your attempt to try to put words in my mouth. I don't have the time or desire to spend the time you and others find to type detailed and mind numbing at time responses to insure meaning is crystal clear. It was too nice a day to play golf. What most economists, the Fed's and this year clearly by the stock market fear; is that the economy and run might be coming to an end. But like I said earlier despite your attempt to read it otherwise, is that even that will take time. At the end of his 4 year term, assuming he even makes it, we can debate again how is policies helped or hurt the economy.

[detbuch]

Originally Posted by Got Stripers

No actually not all over the place, but spin it however you like. Didn't say the stock market dive this year means the economy has turned on a dime, but I'll applaud your attempt to try to put words in my mouth. I don't have the time or desire to spend the time you and others find to type elaborate detailed responses so my meaning is crystal clear, or you probably would have understood my meaning. To nice a day to beat this up on this forum. What is clear by most economists, the Fed's and this year clearly by the stock market; is that the economy and run might be coming to an end. But like I said earlier despite your attempt to read it otherwise, is that even that will take time. At the end of his 4 year term, assuming he even makes it, we can debate again how is policies helped or hurt the economy.

Does this mean that you will stop talking about Trump's bad influence on the economy for two more years?

[Got Stripers]

Originally Posted by detbuch

Does this mean that you will stop talking about Trump's bad influence on the economy for two more years?

How will you ever entertain yourselves, clearly you must be looking for someone fresh to post you links, videos and news articles to make "your" opinions known?

[detbuch]

Originally Posted by Got Stripers

How will you ever entertain yourselves, clearly you must be looking for someone fresh to post you links, videos and news articles to make "your" opinions known?

When have I said that something I link is "my" opinion? Are things you link "your" opinion?

[Got Stripers]

Originally Posted by detbuch

When have I said that something I link is "my" opinion? Are things you link "your" opinion?

I think the very few links I’ve posted I believe were about climate change and were posted to prove my point that the scientific community is in agreement on what is happening, why it’s happening and why it’s so important to try to slow it. That’s not a political opinion by one party or person I’m posting, much different and by volume night and day different.
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