floridays
Well-Known Member
Cat fight? Ladies take your corners.
Trump's Economy!!!!
- Thread starter dmac1
- Start date
floridays
Well-Known Member
Only because Obama couldn't grow an economy, dontcha know.
In reality Barry's mission was to lower our standard of living to look like the rest of the world. Just my opinion.
floridays
Well-Known Member
In reality he is an Obama apologist. If it was reversed he would have a corresponding view, hailing the great Barry O.he did sleep in a fleabag express , thus an expert in all things financial
floridays
Well-Known Member
The guy's a gal. I made the same mistake in the past, repented and we are currently nurturing a budding friendship.
Explain where I am wrong.
The strong growth is an unsustainable mirage.
floridays
Well-Known Member
For starters, with a fed rate at 1% or so there were no other opportunities for investment other than the stock or bond market. It kinda limited options for the elderly. The fed manipulated the market and limited choices with their monetary policy. It has to do with your boom or bust scenario. I've been expecting the next bust for awhile.
So your claim is that sense a bust is coming anyway, may as well fun the debt up exponentially, start trade wars and make the top of the economy extremely wealthy (again) even if that means the “bust” will be even worse for everyone? And you agree with me that this growth was unsustainable and everyone knew it going in?
floridays
Well-Known Member
No, I did not agree with you. I have thought for years, at least four that the market was highly oversold and over valued. There were limited places for investors (you, me, anyone in a 401k or like) to put their money at risk. I chose not to place mine in the back yard, and I do not trade single stocks. I don't think you have any idea what I am talking about. I make that observation by you bringing up trade wars. Tariffs and a possible trade war are a fairly current addition to the monetary manipulation. The free market should dictate rate of borrowed money, not the Fed and a board of governors. Cheap money and lax requirements led to the housing collapse, why should a money market be any different? Put on your thinking cap, don't be political.
Don't be political? That's just it, he vigorously defended Obama's spending but is now very critical of Trump's. For the record bbsam many of us Republicans are against the spending too. And we know for a fact that Democrats will use the spending to attack Trump, but will scream bloody murder if he tries to cut it.
and is playing games. I have no respect for a cheap trick like that. I'll cc him so I am not saying this behind his back. He may not catch everything. 
newfie
Well-Known Member
I agree. I think the great orator wanted to desensitize us to an anemic economy that would barely stay afloat while feeding his socialist agenda.
that philosophy never seemed to work for Greece or Venezuela
newfie
Well-Known Member
never ending slow growth is also such . Obama spent trillons on his economic recovery package. much of it suger highs. The payback at some point had to be high growth . High growth that reduces the deficit and while also restoring interest rates . restoring those interest rates loads the gun to counter the next recession. if you look at the quarterly GDP results you saw signs that the Obama economy while above water was starting to fizzle. he had quarters late in his presidency that were barely above water. The Trump deregulation / tax incentive plan has finally pushed our growth to that higher level we need. Some of the crap house economists here would also attempt to describe that as another suger high.
the difference the counter argument would be the 8 fold increase in manufacturing under Trump . That makes a very convincing argument for the point that this growth will very well be sustained for some time.
The normal cycle for economic growth is an average of 7 years from recession to recession. the timing of the Trump plan has now pushed us well past that cycle and into a new arena. Thus we are into a new norm a rule break from the norm.
newfie
Well-Known Member
with no change to the plan the Obama plan was headed that way.
If we have a setback 10 years from now Dems will say told you so.
newfie
Well-Known Member
we will have a recession at some point. Trump is hell bent and determined not to have it happen on his watch. He's already working on phase two of his next tax cut plan
Everything goes in cycles but what he's doing is putting the economy on a much more solid foundation for growth. Let the Dems squawk. There are enough common sense moderates and independents who'll vote for keeping this going.
DriveInDriveOut
Inordinately Right
FFS.
The koolaid is flowing in here today.
The koolaid is flowing in here today.
haha diahreeha mouth; just making it up as he goes
its like a bubble of lies:
Daniel DaleVerified account @ddale8 2h2 hours ago
Daniel Dale Retweeted Jake Tapper
In March, Trump said the Saudi military deals would produce 40,000 jobs. A week ago, he made it 450,000 jobs. Wednesday, 500,000 jobs. Yesterday afternoon, 600,000 jobs. Yesterday evening: "The million jobs."
Daniel Dale added,
Jake TapperVerified account @jaketapper
15/ “...I’d rather keep the million jobs, and I’d rather find another solution. But this was a good first step today....”
Show this thread
358 replies 2,492 retweets 4,338 likes
its like a bubble of lies:
Daniel DaleVerified account @ddale8 2h2 hours ago
Daniel Dale Retweeted Jake Tapper
In March, Trump said the Saudi military deals would produce 40,000 jobs. A week ago, he made it 450,000 jobs. Wednesday, 500,000 jobs. Yesterday afternoon, 600,000 jobs. Yesterday evening: "The million jobs."
Daniel Dale added,
Jake TapperVerified account @jaketapper
15/ “...I’d rather keep the million jobs, and I’d rather find another solution. But this was a good first step today....”
Show this thread
358 replies 2,492 retweets 4,338 likes
BrownFlush
Woke Racist Reigning Ban King
Oh well..The guy's a gal. I made the same mistake in the past, repented and we are currently nurturing a budding friendship.
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