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Old 10-18-2019, 10:48 AM
 
856 posts, read 705,265 times
Reputation: 991

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If this is the greatest economy ever, then......

Why is manufacturing in recession?

Why did Trump give farmers billions of dollars in a bailout larger than Obama's GM bailout?

Why was Q2 GDP growth the weakest since Q4 of 2016?

Why is business investment and factory orders declining?

Why is the real estate market struggling?

Why is retail sales growth slowing?

Why is wage growth stagnant and slowing?

Why is the trade deficit rising as U.S. exports slow?

Why have credit card delinquencies reached a seven year high?

Why does Trump want more monetary stimulus on top of record fiscal stimulus?

Why did Trump sign into law a budget he negotiated with Speaker Pelosi that gives us record debt and larger deficits?

I look forward to your answers/falsehoods/excuses.
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Old 10-18-2019, 10:49 AM
 
Location: Pennsylvania
31,340 posts, read 14,281,167 times
Reputation: 27863
Quote:
Originally Posted by njforlife92 View Post
If this is the greatest economy ever, then......

Why is manufacturing in recession?

Why did Trump give farmers billions of dollars in a bailout larger than Obama's GM bailout?

Why was Q2 GDP growth the weakest since Q4 of 2016?

Why is business investment and factory orders declining?

Why is the real estate market struggling?

Why is retail sales growth slowing?

Why is wage growth stagnant and slowing?

Why is the trade deficit rising as U.S. exports slow?

Why have credit card delinquencies reached a seven year high?

Why does Trump want more monetary stimulus on top of record fiscal stimulus?

Why did Trump sign into law a budget he negotiated with Speaker Pelosi that gives us record debt and larger deficits?

I look forward to your answers/falsehoods/excuses.
Business cycle.
10 year expansion since 2009. Time for a slowdown.
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Old 10-18-2019, 10:51 AM
 
Location: Phoenix
30,387 posts, read 19,184,321 times
Reputation: 26295
Quote:
Originally Posted by njforlife92 View Post
If this is the greatest economy ever, then......

Why is manufacturing in recession?

Why did Trump give farmers billions of dollars in a bailout larger than Obama's GM bailout?

Why was Q2 GDP growth the weakest since Q4 of 2016?

Why is business investment and factory orders declining?

Why is the real estate market struggling?

Why is retail sales growth slowing?

Why is wage growth stagnant and slowing?

Why is the trade deficit rising as U.S. exports slow?

Why have credit card delinquencies reached a seven year high?

Why does Trump want more monetary stimulus on top of record fiscal stimulus?

Why did Trump sign into law a budget he negotiated with Speaker Pelosi that gives us record debt and larger deficits?

I look forward to your answers/falsehoods/excuses.
The 2018 Blue Wave is very costly. Nancy crashed the world economy last time she was Speaker, these little trifling problems are manageable.
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Old 10-18-2019, 10:58 AM
 
4,511 posts, read 1,866,885 times
Reputation: 7019
When Joe Sixpack turns on his tv everyday he is bombarded with stories about how the economy is about to collapse.

I’ve got to be honest here, even as a Trump supporter, the constant lies from the media are so pervasive and persistent that they eventually cause you to start almost believing them. Manipulation is a real thing and you have to be determined to not fall victim to it.

Most people are not smart enough or independent enough to not fall for it.

Then, they stop buying goods and services out of fear.

Guess what happens next?
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Old 10-18-2019, 11:06 AM
 
10,090 posts, read 5,739,706 times
Reputation: 2904
Quote:
Originally Posted by mirage98de View Post
When Joe Sixpack turns on his tv everyday he is bombarded with stories about how the economy is about to collapse.

I’ve got to be honest here, even as a Trump supporter, the constant lies from the media are so pervasive and persistent that they eventually cause you to start almost believing them. Manipulation is a real thing and you have to be determined to not fall victim to it.

Most people are not smart enough or independent enough to not fall for it.

Then, they stop buying goods and services out of fear.

Guess what happens next?
It's sad that the Democrats seem to want the economy to fail because that may be the only way to tarnish Trump. As long as Trump can tout his economic accomplishments then he will get cheers at the rallies.
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Old 10-18-2019, 11:07 AM
 
Location: Morrison, CO
34,237 posts, read 18,594,984 times
Reputation: 25807
More recession hope from the anti Trump New Jersey echo chamber.
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Old 10-18-2019, 11:12 AM
 
Location: Eastern NC
20,868 posts, read 23,565,307 times
Reputation: 18814
Quote:
Originally Posted by Tall Traveler View Post
The 2018 Blue Wave is very costly. Nancy crashed the world economy last time she was Speaker, these little trifling problems are manageable.
LOL, spoken like a true Trumpett!
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Old 10-18-2019, 11:14 AM
 
Location: New York
2,486 posts, read 825,912 times
Reputation: 1883
Originally Posted by Tall Traveler
The 2018 Blue Wave is very costly. Nancy crashed the world economy last time she was Speaker, these little trifling problems are manageable.

Quote:
Originally Posted by trlhiker View Post
LOL, spoken like a true Trumpett!



What has the Dem controlled House passed?


Only list meaningful bills that are bipartisan please.
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Old 10-18-2019, 11:15 AM
 
45,585 posts, read 27,209,359 times
Reputation: 23898
Quote:
Originally Posted by njforlife92 View Post
If this is the greatest economy ever, then......

Why is manufacturing in recession?

Why did Trump give farmers billions of dollars in a bailout larger than Obama's GM bailout?

Why was Q2 GDP growth the weakest since Q4 of 2016?

Why is business investment and factory orders declining?

Why is the real estate market struggling?

Why is retail sales growth slowing?

Why is wage growth stagnant and slowing?

Why is the trade deficit rising as U.S. exports slow?

Why have credit card delinquencies reached a seven year high?

Why does Trump want more monetary stimulus on top of record fiscal stimulus?

Why did Trump sign into law a budget he negotiated with Speaker Pelosi that gives us record debt and larger deficits?

I look forward to your answers/falsehoods/excuses.
You are not asking the right questions. A good economy does not imply that every single sector is operating positively. You questions may have answers that have nothing to do with the economy.

I guess it would be good to define what makes a good economy - which may be different from person to person.

For me - I look at employment levels, wages with respect to the cost of goods (affordability), how is the middle class doing, the velocity of money flow, and just sensing the mood of the general populace - you can tell when people are getting antsy about their finances.

Right now - my indicators say we are at t good point right now.

I will add that the overall debt levels aren't good - but then if we got ourselves under control, that would slow the velocity of money flow.

It can be tough to grasp every aspect.
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Old 10-18-2019, 11:20 AM
 
Location: North of Canada, but not the Arctic
21,154 posts, read 19,736,448 times
Reputation: 25690
Democrats are so desperate for a recession/depression so they can blame it on Trump. If Hillary was President, they’d be basking in the best economy ever.
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