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Trump 2020!
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I love that this debate on the economy boils down to feelings and facts. Truth is the economy is doing better and the stock market always looks to the future 6 months. Liberals wouldn't see an improvement if it bit them in the ass and I find it funny that anyone in this industry can be so blind as to not be able to read stats.
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The Trump crash will come in the next 2 years when reality sinks in that Republicans have added 1.5 trillion to the national debt and the economy doesnt make up for the lost tax revenue due to the tax cuts. When there is no money to fund the budget it all crashes.. This is nothing more than Reaganonmics and that ended up crashing and burning as well.. I find it funny that you right wingers always seem oblivious to history... |
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England's unemployment rate in 2010 was 7.9 % And The USA was 9.8% - In Jan 2016 Germanys was 4.4 Uk was 5.1 And USA was 4.9 - 2017 July Germany=3.7 Uk=4.2 USA=4.3 So you understand it? Unemployment has been falling all around the world, its not a Trump phenomenon its been going on for many years steadily falling after Bushes fuckups were recovered from. -- here in Australia we basically have full employment, actually rate runs from 4-6 %, but you will NEVER get full employment, anything under 5% basically is because there will always be that 5% who won't work at all, or are unemployable. Yes unemployment has dropped under Trump!!! It dropped a whole 0.7% the same trend its been on.. On a positive note it looks like Trump is going to have to allow in a lotta immigrants when he's stimulating the economies while at 4.1% unemployment. |
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Obama came into office with a 10% plus unemployment rate and an economy in a tailspin. You sat here and argued about how bad the economy was, even when unemployment hit 4%. Nothing changed. Trump did nothing. All of the numbers you quoted have been heading in the right direction for the past eight years. Trump had nothing to do with any of thing. It's stunning that Republicans suddenly think our economy is great and that Trump had anything to with it. |
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Trump Deserves Credit For The Current Economic Boom #Fakenews? How The Media Misleads About Obama?s And Trump?s Economic Records Facts. My gift to you all. :pimp |
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Bladewire, you know I like you. When you post about real things -- business, technology, photography, coaching models, parenting, etc. -- you always come across great, helpful, reasonable, kind, intelligent. But, man, your political baiting, you are so off base and, unless you are a paid poster for the Democratic Party, I don't understand what you get from it. I went to a super left leaning university for undergrad, after going to a DODDS high school. When I asked other students why they acted like the very name of the Republican incumbent was a punchline, they guffawed and said I must be Republican. I was 16 and asking a real question. My grandfather was a Democrat delegate, so I was not preinclined to be GOP. My classmates could have truly impacted my views, if they had an answer. You just reminded me of that. I voted for Obama (the first time only) and more recently for Gary Johnson. You want to tell me you know what I believe better than I do? I'm sure Vendzilla knows his views better than you do. Trump donated equally to Democrats and Republicans before running. He was the first elected President to ever fly a Pride flag on the campaign trail. All the people who knee jerk rejected him and loudly said they would resist everything and would not appreciate Trump no matter what -- those people made it so the rest of us are going to get worse policy. |
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I didn't vote for Trump, but I sure appreciate his administration repealing Operation Chokepoint. Can't believe more supposed professionals don't care about that. Semi on topic, do you have a good industry friendly tax/finance person you'd recommend? |
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Now it doesn't matter who he claimed he was supporting the issue is the whole thing was a scam. He and his group were lying to people with only the intention of making money for himself. Vendzilla is one of the biggest scumbags on this board. I don't give a shit if he was a minimum wage board mod for a while... He ended up being a scumbag scamming people out of donations to a political campaign which he never did a thing to support.... He's a fucking scumbag. He said on this very board he was trying to get rich from it. |
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Here is what a billionaire business man has to say https://www.bloomberg.com/view/articles/2017-12-15/this-tax-bill-is-a-trillion-dollar-blunder And when all those regulations taken away start creating a mess the gop will blame Dems like they did for the banking crisis. |
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Conclusion: Ruff hates America. Move to Venezuela or Cuba, libtard. You'll like it there- no stress from any elections. Hey Ruff: If "the majority" of the people don't like the president, why did he win in 83% of US counties in a MASSIVE LANDSLIDE? Serious question, why do you believe Trump and his supporters are scumbags? Like, what has he done that's so terrible? Be specific, i'm open to new information. :pimp |
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Quantitative Easing 1 (QE1, December 2008 to March 2010)[edit] "On November 25, 2008, the Federal Reserve announced that it would purchase up to $600 billion in agency mortgage-backed securities (MBS) and agency debt. However, these purchases were to have no impact on the balance sheet, and would have been sterilized by Treasury sales by the SOMA desk. On December 1, Chairman Bernanke provided further details in a speech. On December 16 the program was formally approved by the FOMC, however their approval was not required as the SOMA desk was already authorized to acquire Agency debt and MBS as part of their OMOs. On March 18, 2009, the FOMC announced that the program would be expanded by an additional $750 billion in purchases of agency MBS and agency debt and $300 billion in purchases of Treasury securities. These purchases would be unsterilized and this date more appropriately marks the beginning of QE in the US. |
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the debt per citizen is actually around 212.000 dollars (that includes kids and homeless people) only the interest on this debt is near to 8.000 dollar per year and citizen (again including kids and homeless people) but this is just the top of the mountain. US unfounded liabilities in total are at 107 TRILLION and the liability per taxpayer on that is 904.000 $. i donīt know if people like trump and his supporters simply can not calculate or if they close their eyes from the truth. |
At the time people said the economy under Reagan was BOOMING. And it was - for the rich. The $ did not 'trickle down' like they said it would. In fact, it never does. The rich get richer and the poor and Middle Class get a hardon because they think (wrongly) that someday THEY will be rich TOO so it's ok.....madness.
Trickle down economics: don't piss on my leg and tell me it's raining. The economy is "booming" but not for us. |
Weird how the wealth gap got so much worse during the 8 years under President Obama isn't it?
The rich got far more wealthier and the poor far more poor under his administration. And yet...I don't recall any Porn Nerd posts full of outrage and indignation over that fact during Pres. Obama's tenure. That's strange. I would think that if you were just a big hearted soul whose only concern was for the poor...you would have been pissed off big time at what happened to wealth inequality in this country under Pres. Obama But don't worry...a roaring economy with trillions of dollars repatriated from corporate tax cuts, will allow people to get good jobs and have some dignity again. GDP at 3% and growing! Obama said that 1.5% GDP was the "New norm" and we would never grow again at this rate. Thank goodness that kind of big govt. horseshit has been proven wrong once again! Merry Christmas...and get ready for an even more prosperous New Year for our nation. |
goddamn all you broke losers are pathetic
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The money back. Read the Bloomberg piece. I hope you and your family have a great Xmas and very happy new year. |
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https://tradingeconomics.com/france/unemployment-rate Italy --- 11.1% https://tradingeconomics.com/italy/unemployment-rate Spain --- 16.38% https://tradingeconomics.com/spain/unemployment-rate Greece -- 20.5% https://tradingeconomics.com/greece/unemployment-rate Its not falling dramatically everywhere in the world... |
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In 2013 Italy's unemployment rate was at 12.9%, Spain was at 26.2%, and Greece was at 27.9%. the European Union went from 10.9% to 7.5%. So yea, it has been falling everywhere. |
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Greece went from less than 5% to over 25% Italy went from less than 6% to over 12% Spain went from less than 10% to over 25% France went from less than 7% to over 10% |
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Every one of those countries unemployment rate started going up during the great recession and started heading downwards in 2013. Yea it's Obama. :1orglaugh |
^^^ Fred is allergic to facts. "Economy is raging because of Obama! Obama was scandal-free! Trump is a criminal con man!"
^^ Absolutely hysterical nonsense. Robbie is correct. Move on with life guys, there's more to life than hating on Trump for made-up reasons :2 cents: :pimp |
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You're not an American nor were you born here. Your opinion matters as much as the dog shit in my backyard. |
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My opinions are based on facts. Try getting some facts :1orglaugh :pimp |
^^ Fake nic struggling to be relevant
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:1orglaugh |
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You mean that un-biased guy whose economic prediction wasn't just wrong...it was 180 degrees backwards. I love how some of y'all are CONVINCED that the economy is all thanks to Obama. BUT...somehow the same people predicted the economy was going to crash if Trump were elected. How can that be? How COULD Trump have crashed the economy...since it's all Obama? LOL! The people saying this still can't face the facts that Trump has completely ERASED Obama's economic policies. You live by the Executive Order...you die by the Executive Order. Donald Trump's MAIN campaign promise was to turn back all the things that Pres. Obama had done that he believed were bad for the economy (and I agree with him on that 100%). Pres. Obama's "policies" have been dismantled. The economy IMMEDIATELY reacted to that in a positive way. I think Pres. Obama did a lot of good things. But, I think "ObamaCare" was a disaster, and that he didn't have a clue about the economy. I voted FOR the economy 100%. And I have not been disappointed at all. If many people and so-called "experts" like Bloomberg (who were all so, so WRONG with their predictions about what was going to happen) want to continue to try to demoralize people and be divisive...so be it. I'm too busy enjoying this economy and the promise of it getting even better. 1.5% huh? And Pres. Obama even had the balls to say that Trump would need a "magic wand" to make this happen. You see, that's the problem with elitists. Since they don't have the ability to do something...they just assume it CAN'T be done. As Pres. Trump has said so many times in his speeches (and you'll never hear this on CNN)...it's time to "Dream big and bold" No more "liberal" negativism and morose "Can't do" attitude. |
^^ Dang, Robbie! Dropping facts like a wrecking ball! :thumbsup
Keep devastating these clowns with the truth. They might accept reality eventually :1orglaugh :pimp |
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"In the 10 previous recessions since the Great Depression, prior to this last recession, the economy recovered all jobs lost during the recession after an average of 25 months after the prior jobs peak (when the recession began), according to the records kept by the Federal Reserve Bank of Minneapolis. So the job effects of prior post Depression recessions have lasted an average of about 2 years. But under President Obama, by April, 2013, 64 months after the prior jobs peak, almost 5― years, we still have not recovered all of the recession?s job losses. In April, 2013, there were an estimated 135.474 million American workers employed, still down about 2.6 million jobs from the prior peak of 138.056 million in January, 2008." "Obama?s so-called recovery included the longest period since the Great Depression with unemployment above 8%, 43 months, from February, 2009, when Obama?s so-called stimulus costing nearly $1 trillion was passed, until August, 2012. It also included the longest period since the Great Depression with unemployment at 9.0% or above, 30 months, from April, 2009, until September, 2011. " https://www.forbes.com/sites/peterfe.../#7a57a2ac6dd5 |
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Why is anyone trying to convince assholes who care about no other's plight than their own to stop being such an asshole? It would be like telling them to stop breathing....which hopefully they do very soon.
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And its not really re-writing history that Obama was horrible for jobs. Thats a fact. But you never let them stand in your way of deflecting... |
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