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LuciousBDragon

HB Legend
Gold Member
Aug 31, 2017
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The American Southwest
Here are some numbers for everyone to argue about:

Trumps-Numbers-Jan-2020.png
 
There is no argument - end of discussion. Of course, we could run on climate change and manufacture doubt into Americans how he is the worst president ever!

I don’t always agree with trump, he is very thin skinned but the results are what matter.
 
Lot's of bad in there
CPI is up 6% vs only 2.5% of real weekly earnings.
Corporate profit is only up 5.6% despite huge tax cuts and a booming economy. Cross that with real weekly earnings on up 2.5%
Trade deficit is up 24%, Federal debt is up 19.3%.

Sounds like a lot of cheap money out there. Reserve rates are low, we cut taxes during growth when economic policy should be to raise them during a boom. We have no way to boost the economy if things go bad. Both fiscal (low tax rates) and monetary (low interest rates) appear to be maxed out.

I'm not ready to lay this on Trumps feet but he surly didn't make it better. Seems to me money isn't get back to the consumers who keep fueling the economy. I think the rich and corporations are raking in money. The average worker is probably better off but hasn't kept up. I personally think we are in for some French revolution type of stuff in the next 50 years.
 
Economic growth is slightly better for the first three years of Trump compared to the last three years of Obama, but that can be attributed almost completely to Obama concentrating on deficit reduction while Trump has jacked up the deficits.

Job growth was stronger when Obama was President. When people talk about the "liberal media" you can talk about perceptions of the economy as a response. The same economy that Trump and his supporters were calling terrible when Obama was President is now the greatest economy ever. Where are those 4%-6% GDP growth numbers we were promised, and why isn't Trump being judged by that rather than the meh growth numbers he's presiding over?
 
Lot's of bad in there
CPI is up 6% vs only 2.5% of real weekly earnings.
Corporate profit is only up 5.6% despite huge tax cuts and a booming economy. Cross that with real weekly earnings on up 2.5%
Trade deficit is up 24%, Federal debt is up 19.3%.

Sounds like a lot of cheap money out there. Reserve rates are low, we cut taxes during growth when economic policy should be to raise them during a boom. We have no way to boost the economy if things go bad. Both fiscal (low tax rates) and monetary (low interest rates) appear to be maxed out.

I'm not ready to lay this on Trumps feet but he surly didn't make it better. Seems to me money isn't get back to the consumers who keep fueling the economy. I think the rich and corporations are raking in money. The average worker is probably better off but hasn't kept up. I personally think we are in for some French revolution type of stuff in the next 50 years.

Well stated. Things are going well now but all this cut and spend is going to catch up at some point.
 
Well stated. Things are going well now but all this cut and spend is going to catch up at some point.

Although I don't know if this is factually correct in terms of overall dollars but the tax cuts seem like a different form of stimulus spending that was started by Obama. Difference is we aren't in a recession. This is an economic equivalent of a meth high.
 
There is no argument - end of discussion. Of course, we could run on climate change and manufacture doubt into Americans how he is the worst president ever!

I don’t always agree with trump, he is very thin skinned but the results are what matter.

Unless it bothers you that he violates the constitution on a daily basis, violates his oath of office and commits crimes daily while he pollutes the Oval Office as it would bother any American who cares about our constitution, the separation of powers, the rule of law, and the future of our democratic republic, and of that of the world at large.
 
Zero impact from Trump.

Economic growth is slightly better for the first three years of Trump compared to the last three years of Obama, but that can be attributed almost completely to Obama concentrating on deficit reduction while Trump has jacked up the deficits.

Job growth was stronger when Obama was President. When people talk about the "liberal media" you can talk about perceptions of the economy as a response. The same economy that Trump and his supporters were calling terrible when Obama was President is now the greatest economy ever. Where are those 4%-6% GDP growth numbers we were promised, and why isn't Trump being judged by that rather than the meh growth numbers he's presiding over?

You guys have to make up your mind. It's either good numbers that are all Obama or they are bad numbers that are Trump. Both lies cant be true! Lol
 
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Economic numbers have been trending up for a while now. How much of that is due to Obama and Trump is anyone's guess.
The nation's debt numbers are trending upwards too.....bit until a Democrat takes office, this is of little consequence. As long as the rich get richer, THAT is what is important.
 
You guys have to make up your mind. It's either good numbers that are all Obama or they are bad numbers that are Trump. Both lies cant be true! Lol

Sure they can. There's truth and then there's truth that isn't truth. There are facts and then there are alternative ones.

Now pass Scooby the DooBi and try to keep up.
 
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The nation's debt numbers are trending upwards too.....bit until a Democrat takes office, this is of little consequence. As long as the rich get richer, THAT is what is important.

Yes. Welfare for the wealthy not only increases revenue it eventually trickles down to the peons and pissants.

This guy gets it!
 
Lot's of bad in there
CPI is up 6% vs only 2.5% of real weekly earnings.
Corporate profit is only up 5.6% despite huge tax cuts and a booming economy. Cross that with real weekly earnings on up 2.5%
Trade deficit is up 24%, Federal debt is up 19.3%.

Sounds like a lot of cheap money out there. Reserve rates are low, we cut taxes during growth when economic policy should be to raise them during a boom. We have no way to boost the economy if things go bad. Both fiscal (low tax rates) and monetary (low interest rates) appear to be maxed out.

I'm not ready to lay this on Trumps feet but he surly didn't make it better. Seems to me money isn't get back to the consumers who keep fueling the economy. I think the rich and corporations are raking in money. The average worker is probably better off but hasn't kept up. I personally think we are in for some French revolution type of stuff in the next 50 years.
One word: "Bubble"

When that breaks, the Fed will have very few tools to deal with it because rates are artificially low and they slowed the unwinding of QE to combat the damage done by Trump's trade war and the GOP's tax cuts.

Trump thinks he can just "win" the trade war on his schedule and the economy will get a nice bump just before the election. Maybe. But if that doesn't work and if the bubble breaks early, we'll have yet another Republican disaster that Democrats will have to clean up.

The coronavirus is just one factor that could upset the GOP applecart. If China is on shutdown, ending the trade war won't have much impact.
 
One word: "Bubble"

When that breaks, the Fed will have very few tools to deal with it because rates are artificially low and they slowed the unwinding of QE to combat the damage done by Trump's trade war and the GOP's tax cuts.

Trump thinks he can just "win" the trade war on his schedule and the economy will get a nice bump just before the election. Maybe. But if that doesn't work and if the bubble breaks early, we'll have yet another Republican disaster that Democrats will have to clean up.

The coronavirus is just one factor that could upset the GOP applecart. If China is on shutdown, ending the trade war won't have much impact.

Then, THEN I'm sure there will be agreement by the left that it will finally be Trumps economy! Lol
 
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You guys have to make up your mind. It's either good numbers that are all Obama or they are bad numbers that are Trump. Both lies cant be true! Lol

I guess you MAGA's are what you are, can't expect any better, after all you did vote for Trump.

We've basically had meh growth since the recovery started from the 08 recession. Under Obama and Trump. Only an idiot Trump supporter living in their idiot binary world wouldn't get that from my post.
 
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