U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old Yesterday, 03:06 PM
 
Location: Ohio
20,179 posts, read 14,378,703 times
Reputation: 16375

Advertisements

Quote:
Originally Posted by whogo View Post
You should not be cutting interest rates and running massive deficits in a good economy.
Why not cut interest rates?

Who is refusing to buy US securities because of lower interest rates?

Can you show any evidence that historically investors stop buying US securities because of lower interest rates?

Nope.

When investors stop buying US securities because of low interest rates, you might actually have a valid argument.
Reply With Quote Quick reply to this message

 
Old Yesterday, 03:38 PM
 
Location: Ft. Myers
17,955 posts, read 11,384,244 times
Reputation: 38155
Quote:
Originally Posted by Tall Traveler View Post
Our economy has been doing better since we elected a Republican Congress in 2010 but is now getting headwinds with a Democrat Congress with the same Speaker that precipitated the Global Financial Crisis.

One thing is certain, the current crop of Democrats would run the economy over the cliff and need to be bailed out by a Republican Congress again.


Haha, you guys are SO predictable ! We knew that , when times were good, you would be bragging about Trump doing all these wonderful things, but, when they turned, it would be someone else's fault.

Ya can't have it both ways, TT, can't have it both ways.
Reply With Quote Quick reply to this message
 
Old Yesterday, 03:43 PM
 
Location: Washington State
19,081 posts, read 9,832,201 times
Reputation: 16252
Quote:
Originally Posted by don1945 View Post
Haha, you guys are SO predictable ! We knew that , when times were good, you would be bragging about Trump doing all these wonderful things, but, when they turned, it would be someone else's fault.

Ya can't have it both ways, TT, can't have it both ways.
Sorry but I can have it the correct way which is I have stated. Trump did little to affec the economy either way, to the extent government is involved, it's mostly the Congress
Reply With Quote Quick reply to this message
 
Old Yesterday, 04:06 PM
 
Location: Washington State
19,081 posts, read 9,832,201 times
Reputation: 16252
Quote:
Originally Posted by don1945 View Post
Haha, you guys are SO predictable ! We knew that , when times were good, you would be bragging about Trump doing all these wonderful things, but, when they turned, it would be someone else's fault.

Ya can't have it both ways, TT, can't have it both ways.
Let's recap:

newt Gingrich got us a surplus and Bill Clinton signed it - Newt gets an A+ and Bill an A

nancy crashed the US and global economy and Bush didn't stop her - nancy gets an F- and Bush an F

Obama first 2 years we were driving off a cliff so an F his first 2 years.

After Republicans took over Congress in 2010, Boehner gets an A and Obama a B-

Trump and Republicans get a B but now with Nancy steering the economy into the ditch, she gets another F and Trump a B for stopping her so far.
Reply With Quote Quick reply to this message
 
Old Today, 12:43 AM
 
Location: Unperson Everyman Land
30,668 posts, read 20,257,108 times
Reputation: 8473
Quote:
Originally Posted by Tall Traveler View Post
Bill Clinton (D) left office with a $127 billion surplus and was projected to pay off the national debt in 10 years. REPUBLICAN CONGRESS

Bush Jr. (R) turned that into a $1.4 trillion deficit. - DEMOCRAT CONGRESS

Obama (D) got it down to $492 billion. REPUBLICAN CONGRESS

Trump (R) raised it back up to $833 billion.dEMOCRAT CONGRESS

Did you take 6th grade civics and learn that Congress passes the budget and the President either signs or doesn't?


Apart from creative accounting, Bill Clinton gave us unregulated derivatives, NAFTA and free trade with communist China.

If you lost your ass in 2009-10 (I sure did), thank Bill Clinton and his financial working group for leaving behind unregulated over the counter derivatives.


https://www.youtube.com/watch?v=deoLzHJ8JgU
Reply With Quote Quick reply to this message
 
Old Today, 01:23 AM
 
Location: Washington State
19,081 posts, read 9,832,201 times
Reputation: 16252
Quote:
Originally Posted by momonkey View Post
Apart from creative accounting, Bill Clinton gave us unregulated derivatives, NAFTA and free trade with communist China.

If you lost your ass in 2009-10 (I sure did), thank Bill Clinton and his financial working group for leaving behind unregulated over the counter derivatives.


https://www.youtube.com/watch?v=deoLzHJ8JgU
Overall Clinton did well on the economy although most of the good work was done by Newt Gingrich and the Republican Congress...no one is perfect and gets everything right. I lost money in 2009/2010 but more than made up for it after getting a Republican Congress 2010-2018.
Reply With Quote Quick reply to this message
 
Old Today, 01:45 AM
 
Location: Unperson Everyman Land
30,668 posts, read 20,257,108 times
Reputation: 8473
Quote:
Originally Posted by krichton View Post
The key to saving this economy is more tax cuts and running up the deficit even more. This is typically the republican plan, and it works every time.


OK, so my taxes are too low.

What spending would you like to decrease after we raise my taxes?
Reply With Quote Quick reply to this message
 
Old Today, 04:02 AM
 
38,818 posts, read 15,220,573 times
Reputation: 25164
Campbell Harvey is a Duke University finance professor who wrote a dissertation in 1986 that showed the yield curve’s ability to predict recessions.

His model had correctly predicted the previous four recessions, and has predicted all three recessions since then.

Here's how Harvey explains it.

“If you lock your money up for a longer period of time, you almost always get a higher interest rate. However, today, things are backwards - 10-year interest rates are far below short-term rates. This is known as an 'inverted yield curve.' In the past 50 years, we have seen seven inverted interest rate curves. Each one was followed by a recession.”

https://www.forbes.com/sites/carmine.../#3a203e866cae
Reply With Quote Quick reply to this message
 
Old Today, 04:10 AM
 
Location: Unperson Everyman Land
30,668 posts, read 20,257,108 times
Reputation: 8473
Quote:
Originally Posted by Tall Traveler View Post
Let's recap:

newt Gingrich got us a surplus and Bill Clinton signed it - Newt gets an A+ and Bill an A

nancy crashed the US and global economy and Bush didn't stop her - nancy gets an F- and Bush an F

Obama first 2 years we were driving off a cliff so an F his first 2 years.

After Republicans took over Congress in 2010, Boehner gets an A and Obama a B-

Trump and Republicans get a B but now with Nancy steering the economy into the ditch, she gets another F and Trump a B for stopping her so far.
Basically this!
Reply With Quote Quick reply to this message
 
Old Today, 04:12 AM
 
38,818 posts, read 15,220,573 times
Reputation: 25164
The inverted yield curve is the canary in the coal mine.

"The curve changes shape when investors start worrying. If prospects for the economy look dark, investors may shift their investments out of riskier asset classes like stocks and reallocate the money toward “safe haven” assets like bonds (or gold)."

"Since the beginning of 2019, this has been the story for U.S. bonds across the curve. Short-term and long-term bond yields have plummeted amid global inflows into the U.S. fixed income, as concerns of a slowdown in Europe and China push investors to park their money in U.S. government debt."

"Demand for longer-term bonds has outsized demand for shorter-term bonds, depressing yields on longer-term bonds at a larger magnitude than yields on shorter-term bonds. "

https://finance.yahoo.com/news/bond-...141216868.html

Some are saying that the situation reflects more the global economic slowdown than the U.S. specifically.

Though it is difficult to imagine how things would hum along just fine in the U.S. in this scenario.

Trump certainly had nothing to do with the longest run of economic and job growth in our history. He just jumped on the train as it was rolling past.

And it may be that he has nothing to do with the train slowing down. He just happens to be on board at the time.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top