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Old 07-20-2018, 12:57 PM
 
20,591 posts, read 19,251,573 times
Reputation: 8194

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Quote:
Originally Posted by cofor View Post
Lol, neither, which is why I voted for Gary Johnson.

I would have liked to have an actual liberation over him but I had a feeling you were a little brighter than the rest.

Your economic paradigms are?


I will give you mine.

Classical economics( three forms of income)
Public finance (Modern Money theory ). Its just the way it is .....
private finance( endogenous money, Schumpeter Fisher , Minsky )
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Old 07-20-2018, 01:02 PM
 
3,798 posts, read 4,650,892 times
Reputation: 3310
How come people always talk about Trump when it comes to tariffs and now his commerce secretary? Wilbur Ross is the one calling the shots and he's a pretty intelligent guy.

Why should America continue to to have countries put tariffs on the US & we can't do it to them?
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Old 07-20-2018, 01:18 PM
 
20,591 posts, read 19,251,573 times
Reputation: 8194
Quote:
Originally Posted by BajanYankee View Post
The Labor Force Participation Rate did not stabilize under Trump. It has hovered between 62.6% and 63.0% since December 2015.
Do I need to turn blue?


what policy of Obama was it?









https://seekingalpha.com/article/371...-budget?page=2



Since Trump has been in office its actual policy that is improving the numbers, not automatic lame duckery.


Again Trump does not make a huge difference . However it is better than a complete moron in economics telling people that they need to borrow money to get out of a debt crisis.


let me summarize.

1. Every Keynesian economist said the stimulus was too small ...

An actual Keynesian stimulus would have been better than nothing.

2. The automatic stabilizer went off anyway to prove it. No active policy fixed the liquidity crisis

3. Obama begged people in debt to take on more debt.

4. Automatic deficits finally added enough dope to the economy to reverse the trend that took years to fix.

5. An active policy of regressive tax relief and debt forgiveness( only that which was caused by liquidity) would have fixed it sooner.



Obama = 0

He worked for the banks.




Trump lower taxes for middle class.

Trump cracks down on illegal immigration which helps labor market.


Trump = 2.

You don't need to fund banks in a liquidity crisis , if that is endogenous money theory is correct, and it is.

So if it continues is because of an active policy under Trump .
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Old 07-20-2018, 01:25 PM
 
1,881 posts, read 1,004,150 times
Reputation: 1551
Quote:
Originally Posted by workingclasshero View Post
the recessions (which may happen during a republican term) come from liberal policies
So that recession in 2007-2009 which came from many years of Republican control from 2001 to 2007 is just a coincidence then and "liberal policies" now? Interesting..
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Old 07-20-2018, 01:26 PM
 
Location: Crooklyn, New York
31,938 posts, read 34,462,888 times
Reputation: 15007
Quote:
Originally Posted by gwynedd1 View Post
Do I need to turn blue?


what policy of Obama was it?
What does any of this have to do with your claim that the Labor Force Participation Rate stabilized under Trump?
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Old 07-20-2018, 01:34 PM
 
Location: Bella Vista, Ark
77,772 posts, read 104,280,990 times
Reputation: 49247
Isn't it amazing when everything started to improve in 2009 it was due to the king Obama and all the problems were created by the old administration but now it is different. all the wonderful things that are happening with our economy is just a carry over from the king Obama. Hate to tell you guys this, but it works both ways. Either we give Bush credit for starting the recovery or we give Trump credit for bringing us back to a better economy. There is an old theory, the coach has to take credit for failure or success, not the old coach nor the players who make mistakes.
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Old 07-20-2018, 01:35 PM
 
20,591 posts, read 19,251,573 times
Reputation: 8194
Quote:
Originally Posted by BajanYankee View Post
What does any of this have to do with your claim that the Labor Force Participation Rate stabilized under Trump?
Active policy. The only way to add more liquidity to the market has not happened automatically under Trump. That is the point. He is continuing the trend that the automatic stabilizers were adding. However they don't add anymore The push is coming from the tax cuts , not the automatic deficits.
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Old 07-20-2018, 01:38 PM
 
Location: Long Island
32,816 posts, read 19,388,716 times
Reputation: 9618
Quote:
Originally Posted by jbtornado View Post
So that recession in 2007-2009 which came from many years of Republican control from 2001 to 2007 is just a coincidence then and "liberal policies" now? Interesting..


50 million jobs outsourced by liberal (globalist) policies from the last 25 years


the Clinton housing bubble/bust started in 1995


economic cycles are 8-12 years... yet you want to blame the timeframe of 01-07 for the 08 crash....
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Old 07-20-2018, 01:38 PM
 
17,185 posts, read 12,030,527 times
Reputation: 17108
The pattern has typically been that Republicans spend like drunken sailors while talking about being fiscal conservatives and Democrats come in and have to bail out the economy by spending like even drunker sailors.

No one in power really gives a damn about the debt/deficits.
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Old 07-20-2018, 01:39 PM
 
13,900 posts, read 9,733,329 times
Reputation: 6856
Trump hitched a ride on the Obama economy. His tax scam bill, consumer protection deregulation, and tariffs will be what finally takes the Obama expansion and converts it into the Trump recession.
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