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Old 09-26-2018, 08:46 PM
 
34,300 posts, read 15,646,770 times
Reputation: 13053

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Quote:
Originally Posted by Metsfan53 View Post
great- let the OP know as he claims otherwise and we'll save ourselves 175 pages....
considering the one thing people point to that they claim Trump is doing well is the economy most Trumpsters would prob disagree with you (of course they'd agree if the conversation were about Obama)
The OP and t206 already had the conversation without disagreement starting in post #1660.

Throughout the thread the loons on the left have been trying to credit Obama with everything that's happening now.

They have been out to prove this statement wrong b/c they can't stand to see Trump get credit for anything.

"President Trump is absolutely the greatest on the economy"

Obama was/is a collectivist. He raised taxes drastically and piled on the regulation.
Trump is a capitalist. He cut taxes drastically and cut regulations big time.

They couldn't be more different and their economic policy was/is different. What ever effect they have or that could be attributed to them is just as different.
The main point is the economy is politics. Its bragging rights that Presidents in the past and the future will get elected on. The public is reluctant to reject a President with a good economy on his watch. Particularly important for a first term President. The media pushes that point daily around election time. It doesn't matter if its true or not. Perception is reality. The drive by uninformed voter decides the elections based on perception. The informed voter is few and far between.

Last edited by phma; 09-26-2018 at 09:04 PM..

 
Old 09-26-2018, 09:21 PM
 
Location: Texas
37,949 posts, read 17,859,151 times
Reputation: 10371
Quote:
Originally Posted by James Bond 007 View Post
And I should add, that we actually had our first quarterly GDP growth greater than 4% in Q4 2009.


Only Q1 and Q2 2009 were negative, Q3 and Q4 were positive, indicating that the economy had started recovering several months after Obama took office. Terribly inconvenient facts for the Trumplings.

Officially, the recovery began in June 2009 - just 6 months after Obama took office.
What recovery? Where's the proof. GDP isnt proof.
 
Old 09-26-2018, 09:46 PM
 
Location: Wisconsin
25,581 posts, read 56,471,152 times
Reputation: 23382
Well, for those who can actually read and digest facts and data, here are the comments today from the Fed Chairman - tariffs a negative, business slowdown coming, GDP back to 2.5 if we're lucky - and more:

Quote:
In their forecast, Fed officials collectively estimated GDP would rise 3.1 percent this year, up from a previous forecast of 2.8 percent. For 2019, they expect 2.5 percent, up 0.1 percentage point.

But the Fed held its longer term expectation of growth steady at 1.8 percent.

https://www.cnbc.com/2018/09/26/fed-...rm-growth.html
So much for MAGA and 4% GDP going forward.

There might have been a chance of improved GDP had the idiot in chief not started blundering about with tariffs.

Tariffs are a NEGATIVE to business growth and expansion.

https://www.cnbc.com/2018/09/26/fed-chair-powell.html

Now any juiced-up (phony), front-loaded revenue enhancements from tax bill are wiped out - and our debt and deficit will BALLOON more quickly.

Moronic fool.

Last edited by Ariadne22; 09-26-2018 at 10:05 PM..
 
Old 09-26-2018, 10:24 PM
 
3,992 posts, read 2,457,740 times
Reputation: 2350
Quote:
Originally Posted by phma View Post
The OP and t206 already had the conversation without disagreement starting in post #1660.

Throughout the thread the loons on the left have been trying to credit Obama with everything that's happening now.

They have been out to prove this statement wrong b/c they can't stand to see Trump get credit for anything.

"President Trump is absolutely the greatest on the economy"

Obama was/is a collectivist. He raised taxes drastically and piled on the regulation.
Trump is a capitalist. He cut taxes drastically and cut regulations big time.

They couldn't be more different and their economic policy was/is different. What ever effect they have or that could be attributed to them is just as different.
The main point is the economy is politics. Its bragging rights that Presidents in the past and the future will get elected on. The public is reluctant to reject a President with a good economy on his watch. Particularly important for a first term President. The media pushes that point daily around election time. It doesn't matter if its true or not. Perception is reality. The drive by uninformed voter decides the elections based on perception. The informed voter is few and far between.
right..... one claims POTUS has no effect on economy while you as OP (on a thread claiming "Trump is greatest on the economy" have stated numerous times now the opposite. Somethings rotten in Denmark here...I see you just agreeing with T206 who is making a point antithetical to your entire point in your OP that started this whole thread, a point you've waffled on several times here. BTW- you're the one that made the statement, it's on you to prove it not the other way around.

As for Obama "raising taxes dramatically", I find it odd since the bush tax cuts were extended for anyone under 250K under Obama, so maybe you need a refresher there (many economists claim this a bigger cut than Daddy's....(hint , Obama also cut taxes on small businesses several times too, but I know you won't admit that since it kills your whole small business narrative several attempts back)

also- just to be clear- anything good under Trump is all b/c of him while anything good under Obama had nothing to do with him is basically what your entire point has been throughout nearly 180 pages, with little to no evidence to support said claim. And now here we are and you've given up on empirical evidence and resorted to "feelings" b/c you've got nothing else.
 
Old 10-01-2018, 08:04 AM
 
Location: Pyongjang
5,701 posts, read 3,221,095 times
Reputation: 3925
Monday starts off with a bang as the Trump economy aka 4% economy keeps growing.
 
Old 10-01-2018, 08:07 AM
 
34,300 posts, read 15,646,770 times
Reputation: 13053
Quote:
Originally Posted by mightleavenyc View Post
Monday starts off with a bang as the Trump economy aka 4% economy keeps growing.

American prosperity is the real and present danger to the democrat party of crime. They can't wait to increase regulation and raise taxes crushing the current prosperity of Americans.

The DOW blast off with a gap to the upside early today, Monday morning.

http://www.marketwatch.com/story/tes...dist=bigcharts

Dow jumps more than 200 points, Tesla and GE stocks rally as Wall Street cheers Nafta pact
U.S. stock benchmarks opened solidly higher Monday after the U.S. and Canada struck a deal to revise the North American Free Trade Agreement.



This new tax break can make a big difference for small business owners

https://www.marketwatch.com/story/th...ers-2018-10-01

Last edited by phma; 10-01-2018 at 08:25 AM..
 
Old 10-02-2018, 09:39 AM
 
34,300 posts, read 15,646,770 times
Reputation: 13053
Looking at the 3 month chart of the DOW.
Steadily upward price movement with a gain of 2,600 points.
Monthly average of 860 points plus.


Another DOW record high !!!

http://www.marketwatch.com/story/dow...dist=bigcharts
 
Old 10-02-2018, 09:43 AM
 
45,676 posts, read 24,004,475 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
Looking at the 3 month chart of the DOW.
Steadily upward price movement with a gain of 2,600 points.
Monthly average of 860 points plus.


Another DOW record high !!!

http://www.marketwatch.com/story/dow...dist=bigcharts
Just think -- if Trump hadn't made a show of the whole renegotiating NAFTA and just agreed to the deal a year and a half ago how much richer we would all be.
 
Old 10-02-2018, 09:52 AM
 
34,300 posts, read 15,646,770 times
Reputation: 13053
Quote:
Originally Posted by moneill View Post
Just think -- if Trump hadn't made a show of the whole renegotiating NAFTA and just agreed to the deal a year and a half ago how much richer we would all be.
Does the fantasy come with the customary Unicorns ?
 
Old 10-02-2018, 10:08 AM
 
45,676 posts, read 24,004,475 times
Reputation: 15559
Quote:
Originally Posted by phma View Post
Does the fantasy come with the customary Unicorns ?
No fantasy -- no more than thinking Trump is responsible for the stock market.+

From what I have read -- very little has changed from the original agreement made a year and a half ago and so much more could have been accomplished since then if Trump didn't think in order to make it his -- he had to blow it up, create more chaos -- make it a thing - before his people sat down and just got it done.
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