Filled to capacity. 20,000 attend Trump rally in Minneapolis and...

Kneejerk denialism does not alter that the Fact Checking EXPOSED diddly squat!

 

You are seriously going to run against record low unemployment and record number of people employed???

LMFAO!

 

Fat shaming.

Very unwoke.

 

LOL, and just look how popular his show was among the left, right and millions of drama seeking Millennials

Someone loved the genre

 

Nope - I don't see that happening - not sure what your tid-bit has to do with the facts presented in post you are responding to - and you make no attempt to clarify - so .. ?!

I agree that trump created some jobs - more at the low end of the spectrum but - they are jobs. The unemployment rate will begin rising soon - this is a silly statistic in many ways within the context you are trying to use it.

Unemployment is a better measure of the number of people who have just lost their jobs. After you go off unemployment - even if you may not have found a job - you are no longer counted. It does tell us that not many people are losing their jobs at the moment though - which is good !
How this factors into an election overall ? Some - but there are other issues.

Smart folks realize some of the rise in number of people employed can be attributed to annual growth - what ever the trend was. Trump is above but you need to subtract that portion out.

The other problem is that this was debt fueled growth - Any fool can max out his credit cards over a few months and say "Look - My Household GDP has increased" - but we know this is a mirage - its not sustainable GDP growth. Short term gain for long term pain.

Now subtract that portion out and what are we left with ? You can see this massive Trump Credit Card Spending Spree - managed to raise GDP for maybe 2 years. We hit 3.5% for a few quarters. Now we are back at 2% ... the nitrous oxide injection did its thing - and now we are into the pain part of the equation .. sans another injection (increase deficits even more) or hope for some "white Swan" event - like what Clinton Got - internet -computer - tech revolution.

Stuff is going on in our economy - way too many negative clouds for my liking. GDP drop - inverted yield curve - protectionism on the rise - massive debt, aging population (old folks spend less - consumer spending gets hit), switching into alternate forms of energy (ever considered what would happen to the markets if tomorrow we just stopped using oil),

but last - and perhaps most important 1) Massive debt 2) Losing sole world reserve status

Interest payments on the debt have been at roughly 3-400 Billion since 2000. This is very good as inflation means that paying 400 Billion now is much easier than 15-20 years ago.

You should be asking your self this question - the debt in 2000 was roughly five (5) Trillion - at the end of Obama it was twenty (20) Trillion - how come our payments have not gone up ?

The interest rate on our debt was over 7% during Clinton's day - we managed to reduce that rate to roughly (2.25%) - in part however by messing with the invisible hand - a dangerous game that the world is playing.

In any case - the Fed is out of bullets - interest rates cant realistically go any lower and there is significant pressure to the upside - on a massive amount of debt.

Interest payments are now increased dramatically - Net interest payments on the debt are estimated to total $393.5 billion this fiscal year, or 8.7% of all federal outlays. The government projects it will pay out a total of $593.1 billion in interest in fiscal 2019,

https://www.pewresearch.org/fact-tank/2019/07/24/facts-about-the-national-debt/

2) sole world reserve status. This in large part has allowed us to get such low interest rates on our debt. Supply of US debt is increasing - and it is questionable whether that demand can be maintained at these rates. We benefit partly because Europe is even worse than we are.

We are losing this status .. the world has been wanting a competitor to the US system of international payments for quite some time - but never really done much about it - especially not up until the 2008 crash - which was the first major ***** in the armor.

Since then - some efforts have been made but at a slow pace - up until Trump. Trump has gone around threatening the Sovereignty - and economic sovereignty of most of the world that matters. Russia, China, the EU, India, ME nations - and so on.

We have the privilege of being "SOLE" reserve currency - we are allowed to have this privilege. Trump threatened the 'Nuclear option" - threatening to block banks and corporations out of the international system of payments if they violated his Unilateral and wildly unpopular Iran Sanctions.

The nations of the world are now working hard on an alternative - and it is only a matter of time.

When that day comes - that day will be the one the History books will record as the defacto end of the US Economic Empire.

 

Why do you feel having a ticket is important?

 

Sure that must be why more Americans are now working than ever before and employment rates are at record highs, across the board...We are doing just terrible!

 

Since day 1 beginning with financial investigations of inauguration suspicious overspending, Craziness is Trump dissing allies. Americans and world leaders, immigration diabolical he's created, Love letters to Kim who shoots off rockets, his associates and administration found guilty or charged with criminal acts

Yep Trumps Version of how to run the country .................. Not in America !!

 

Yet those employment records cant be swept under the rug. Shame on the President. Obama presided over a record number of food stamp recipients.

 

According to a Fox News poll, 51% of people now want trump impeached and removed from office. His approval / disapproval ratio is 43.5/53.5.

MAGA!

 

Obama resided over the Republican economic collapse and was handed an economy in total free fall. To represent it otherwise is crackpottery in the extreme and shows intentional dishonesty.

 

Sure, and he had the slowest economic recovery in history. The 'economic collapse' he was handed started with the sub prime mortgage lending fiasco. Guess whose idea that was?

 

48% of the people polled in the Fox News Poll were Democrats!!!!!!

The Fox News Poll doesn't represent reality.

 

Nothing but public union shills and extremists left on the other side any more. Even odds that Trump gets 2 SCOTUS in his second term. 30% chance he gets 3 if Thomas retires early. Ouchie.

Better get to manufacturing ballots and registering those illegals!

 

President Obama began the unprecedented job recovery after the Great Recession. The speed and direction has only continued under Trump.

He was Lucky to have been handed such a good economy.

 

Hillary by a landslide.

 

Sandy, you are off topic again.

 

Baseball is dying drug addicts now, built right into management, plus it is so damn boring.

 

That’s a misguided look. Unlike your personal debt, the money stay in the system and continue to benefit everyone. They don’t leave. So, extra money spent ended up in workers payrolls, who spent the ones elsewhere, and businesses got better profits which they then reinvest and the cycle keeps going.
You comparing national debt to public debt shows how little you understand it.

Where? Please prove that GDP dropped!

So what? With current monetary system you need debt to create money. Otherwise, growth on fixed currency would result in serious deflation which is much worse than inflation.

So what? You’ve been preaching about this topic for years in here. Have you studied economics in college? I doubt that. You seem to think USD is a commodity and large influx of it changes its value and that’s not how currencies really work.

Yes, a huge chunk of the US debt is being destroyed by inflation.

Actually, interest rates can become negative, like in quite a few other European nations. You want to store your money in the most powerful country in the world that always pays its debts on time? You got to pay!

Nothing will happen with USD as long as the Us economy is strong and produces goods and services that are in high demand in the rest of the world.

Again, you treat USDs as some commodity - like you can just refuse to use it and switch from, let’s say, oil to natural gas. You can’t do that with currencies if you plan to continue trading with that country. The only thing that could threaten the US currency is major economic decline, probably something that the world experienced in 1930’s. Or a rise of a major economic competitor. China isn’t one because they don’t really invent anything, they just copy and steal.

 

Forgive me if I don't respond to all of your points .. too painful - I will highlight a few.

The claim you are addressing is -
"The other problem is that this was debt fueled growth" - meaning that this kind of GDP growth is not sustainable.

Your response doesn't address the question ? of course money spent in the system circulates - I call this the "nitrous oxide effect" You get a short term bump - for long term pain.

Sure you get a short term bump to the economy by spending more this year than last year. What did you think would happen ? More money would subtract from GDP ? Its more money in the system .. hence the short term bump to GDP growth.

You start out claiming "that is misguided" - then make the exact point I was making - what is misguided here .. I used a simplistic analogy - one that might appeal to the raging masses - something easy go figure out.

The analogy depicts the short term gain to GDP on the basis of increasing household spending via credit cards - Obviously household spending is different than Gov't spending - in some ways - but not in this way. The analogy holds.

You state some completely unrelated thought - accusing me of comparing public to national debt. Where did I do this ? - If you are going to accuse me of something - then reference where I did this in my post .. otherwise it is just assumed premise fallacy.

If you are going to shoot an arrow - then back it up.

So then .. after accusing me of comparing national to public debt - when I did no such thing. Strawman - followed by "Shows how little you understand it" - Even if I had made such a comparison - how does that show lack of understanding ?

In any case - you shoot an arrow - and the completely fail to show that this claim is true or prove your claim ... and in fact you don't explain what your claim is .. how does someone comparing national to public debt - show "how little you understand it" ?

This is just demonization gibberish - a rebel without a cause.

So completely failing to give any proof of claim .. you then stammer "Prove it Prove it" Prove that GDP has dropped. after claming "you don't know nuttin -- in relation to who knows what case that is not clear either" almost like a conversation with a drunk person.

OK - I am a Evil human .. and "don't know nuttin"

Tell you what Pokemon - if you don't know that GDP - after a short spike up to roughly 3.5% (as stated in my post) - has dropped back to 2%

Perhaps it is not me that don't know nuttin.

 

I said your comparison of fiscal policy to personal finance was misguided.
Jeez, read before you hit reply button. You just wasted a good rant on nothing.

 

And it wasn't misguided - the analogy was a good one and now you are backtracking because it was demonstrated that you have no clue what you are talking about.

 

The Fox News Poll has already been debunked. A poll that has 48% of the respondents being democrats and only 12% independents can't be taken seriously.

 

All professional sports today are a bunch of over paid whining cry babies. Too commercialized.

 

No it hasn't.

That leaves 40% Republican.

Besides, Dumb and Dumber To grossed $36.1 million on its opening weekend. trump has a long way to go to beat dumb and dumber.