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Old 02-14-2019, 08:22 AM
 
20,955 posts, read 8,670,317 times
Reputation: 14050

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Ah, another data point....

"Retail sales fell 1.2% in December, the largest drop since September 2009."

Hmmm.......nothing to see here. Only the largest drop since the effects of the GWB Great Recession were being felt full blast.

Time to admit that "it" doesn't work. It being giving more to the rich and having an stable genius at the helm.

 
Old 02-14-2019, 08:26 AM
 
Location: alexandria, VA
16,352 posts, read 8,092,773 times
Reputation: 9726
Quote:
Originally Posted by craigiri View Post
Ah, another data point....

"Retail sales fell 1.2% in December, the largest drop since September 2009."

Hmmm.......nothing to see here. Only the largest drop since the effects of the GWB Great Recession were being felt full blast.

Time to admit that "it" doesn't work. It being giving more to the rich and having an stable genius at the helm.
Donald J. (the "J" is for "Jenius") Trump.
 
Old 02-14-2019, 08:37 AM
 
34,300 posts, read 15,646,770 times
Reputation: 13053
The democrats need to stop talking about their tax plans, socialism, and the New Green Deal.

It seems to be frightening investors and everyone else that doesn't want to go down the path to poverty.

Maybe they should go back to the Russia Hoax. No one believes them on that anymore.
 
Old 02-14-2019, 08:45 AM
 
Location: Kansas City, MISSOURI
20,863 posts, read 9,529,660 times
Reputation: 15578
Quote:
Originally Posted by phma View Post
The democrats need to stop talking about their tax plans, socialism, and the New Green Deal.

It seems to be frightening investors and everyone else that doesn't want to go down the path to poverty.

Maybe they should go back to the Russia Hoax. No one believes them on that anymore.
^
It's pretty funny phma is blaming congress for declines in the markets here. But just two days ago ...
Quote:
Originally Posted by phma View Post
I wonder why the financial media keeps try to blame the market going up on Trump or congress. Weird !!!
Especially when Trump hasn't even seen the final deal or committee agreement.

Dow jumps more than 300 points on tentative deal to avert government shutdown
http://www.marketwatch.com/story/us-...dist=bigcharts

The tentative agreement, which involves 55 miles of new border fencing, still requires approval from Trump, who reportedly is not “thrilled” but stopped short of saying he will reject it.
... he was complaining that the media was erroneously trying to blame congress for the ups and downs of the market!
 
Old 02-14-2019, 09:31 AM
 
34,300 posts, read 15,646,770 times
Reputation: 13053
Quote:
Originally Posted by James Bond 007 View Post
^
It's pretty funny phma is blaming congress for declines in the markets here. But just two days ago ...

... he was complaining that the media was erroneously trying to blame congress for the ups and downs of the market!
The difference is I'm not the media. They play the lefties like a Yoyo daily. I never bought their reasoning why it went up. It wasn't b/c of Trump or congress.

Remember, according to the left, it only goes down b/c of Trump or congress. It can never go up b/c of them.
Only Obama gets credit when it goes up.
That's the rule, according to the left, as indicated in the thread.
 
Old 02-14-2019, 09:38 AM
 
Location: Florida
7,195 posts, read 5,725,104 times
Reputation: 12342
Quote:
Originally Posted by phma View Post
The difference is I'm not the media. They play the lefties like a Yoyo daily. I never bought their reasoning why it went up. It wasn't b/c of Trump or congress.

Remember, according to the left, it only goes down b/c of Trump or congress. It can never go up b/c of them.
Only Obama gets credit when it goes up.
That's the rule, according to the left, as indicated in the thread.
Quote:
Originally Posted by phma
President Trump is absolutely the greatest on the economy. Dow breaks 25,000
 
Old 02-14-2019, 09:50 AM
 
20,955 posts, read 8,670,317 times
Reputation: 14050
I can't see any scenario where the current economy is going to be "great" - with 46% of (22 million!) Floridians living in either poverty or unable to make ends meet....and the current min. wages. What Henry Ford and others tried to fight is coming true. Workers that have no money - HEY, they don't buy things (this is why Ford doubled wages...all the capitalists got angry with him).

We are very deep into the plutocracy that the Citi memo detailed in 2005...only a small fraction of Americans have the means to drive much of the economy. The rest are pounding sand.

This is why we see the Right pivoting from "We will truly do all the rights things for the forgotten man" to fear based politics like "NEVER Socialism". This despite that fact that, by any measure, we have been socialist in that sense for a long time...and it worked out well for the USA. But since our politics tend to be at 3rd grade level, if the GOP can use single word "weapons" they will probably win and destroy the country even more.

After all, Make America Great Again is 4 words. Socialism is one. That makes it preferable to stable geniuses.

Anyone who watched the HBO flick on Brexit knows how hard they worked to come up with their slogan:
Take Back Control

Insidious. It implies that the poor working stiff in the UK actually HAD control, when the truth is that Corporations and the 1% have ALWAYS been in control there. But if you can point unhappy people to such a slogan they will gladly vote themselves ruin to achieve it.
 
Old 02-14-2019, 09:54 AM
 
Location: Kansas City, MISSOURI
20,863 posts, read 9,529,660 times
Reputation: 15578
AnotherTouchOfWhimsey beat me to it!
 
Old 02-14-2019, 09:57 AM
 
Location: Middle of the valley
48,518 posts, read 34,833,342 times
Reputation: 73739
Quote:
Originally Posted by phma View Post
The democrats need to stop talking about their tax plans, socialism, and the New Green Deal.

It seems to be frightening investors and everyone else that doesn't want to go down the path to poverty.

Maybe they should go back to the Russia Hoax. No one believes them on that anymore.

No. What is frightening investors is record low retail numbers, increasing personal debt, increasing jobless claims, and government revenue declines.
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Old 02-14-2019, 10:53 AM
 
34,300 posts, read 15,646,770 times
Reputation: 13053
Quote:
Originally Posted by Mikala43 View Post
No. What is frightening investors is record low retail numbers, increasing personal debt, increasing jobless claims, and government revenue declines.
Yes we know and one month is a trend right !!!
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