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Old 05-12-2019, 06:58 PM
 
8,944 posts, read 9,036,293 times
Reputation: 11212

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Useful distinction.


An A- for the U.S. Economy, but Failing Grades for Trumpís Policies
Justin Wolfers

The economists are nearly unanimous in concluding that Trumpís policies are destructive.

https://www.nytimes.com/2019/02/04/b...xes-trade.html

 
Old 05-12-2019, 07:00 PM
 
2,752 posts, read 1,038,880 times
Reputation: 5364
policies do not pay my bills.
the economy does.
 
Old 05-12-2019, 07:16 PM
 
Location: Aurora Denveralis
7,031 posts, read 2,452,395 times
Reputation: 10964
Quote:
Originally Posted by turkeydance View Post
policies do not pay my bills.
the economy does.
So you're of the belief that there's no connection between the two?

Or do you just wish to ignore that policies have slow and long-term effects on things... like the economy?

The boom right now is almost wholly attributable to the policy of giving corporations huge tax breaks. So you might want to buckle your seat belt for the next lap around the track.
 
Old 05-12-2019, 07:20 PM
 
2,752 posts, read 1,038,880 times
Reputation: 5364
"So you're of the belief that there's no connection between the two?"
yes.
or, at least, not enough of one
to make any monthly difference.
 
Old 05-12-2019, 07:23 PM
 
Location: Aurora Denveralis
7,031 posts, read 2,452,395 times
Reputation: 10964
Quote:
Originally Posted by turkeydance View Post
"So you're of the belief that there's no connection between the two?"
yes.
or, at least, not enough of one
to make any monthly difference.
Oh boy.

So as long as gas is $2.50 a gallon, nothing else matters. Not even factors that might make gas triple in price - those "don't make enough of a difference" to you?
 
Old Yesterday, 06:01 AM
 
69,967 posts, read 70,513,574 times
Reputation: 47615
i have never worried about the what if's i can't control .. rather i plan and allow some slack in the plan for them ...what i worry about is stuff that happens , everything else is merely a concern , much of which will never be a factor in anything ..
 
Old Yesterday, 06:49 AM
 
Location: Wooster, Ohio
1,016 posts, read 762,835 times
Reputation: 1451
Here's the answer, at the end of the article:

Of course, I should admit a final possibility: Perhaps Mr. Trump has got it right, and the economists have gotten it all wrong.

My investments agree with that assessment.
 
Old Yesterday, 07:09 AM
 
6,612 posts, read 1,655,320 times
Reputation: 3783
Quote:
Originally Posted by Quietude View Post
So you're of the belief that there's no connection between the two?

Or do you just wish to ignore that policies have slow and long-term effects on things... like the economy?

The boom right now is almost wholly attributable to the policy of giving corporations huge tax breaks. So you might want to buckle your seat belt for the next lap around the track.

I am not a Trumper and I cringe often with what he says and does. But its been the same broken record from Trump haters for two years. That the sky is going to fall, just wait and see.


You need money to pay bills, you can't pay them with political correctness.



The reality is the economy at the moment is very good and probably better than it would be if Clinton had won and raised taxes or at the very least refused to lower them.
 
Old Yesterday, 09:29 AM
 
Location: San Josť, CA
3,184 posts, read 5,721,122 times
Reputation: 2838
It's amazing to me that people still attribute so much of the economy to who happens to be sleeping in the Oval Office. Clinton definitely wasn't the reason for the tech boom, Bush wasn't to blame for its crash, Obama wasn't the reason for the recovery, and Trump is not at all the reason for the continued economic uptick.

The effects of their policies and cabinet choices are often felt much later in time, but because we are a society so bent on instant answers, we create false narratives and then use them to define their terms.
 
Old Yesterday, 09:47 AM
 
Location: Aurora Denveralis
7,031 posts, read 2,452,395 times
Reputation: 10964
Wow. We need to file this thread under the online definition of "shortsighted."

"I don't care what direction the government sets on anything as long as my portfolio is up today."

Kinda like the first 999 feet of a thousand-foot fall could be almost pleasant.
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