MUST SEE LIST of Trump’s Historical and Miraculous Accomplishments Three Years Into His Presidency..

Discussion in 'Political Opinions & Beliefs' started by Sahba*, Jan 20, 2020.

  1. yardmeat

    yardmeat Well-Known Member

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    Eh . . . what makes you think that economists disagree? Also, if you are that interested in what economists have to say, you might want to dump Trump. Over 1,000 economists, including Nobel laureates, have petitioned him to quit it with the tariffs.
     
  2. yardmeat

    yardmeat Well-Known Member

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    The Dow was going up before he was elected.
     
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  3. cd8ed

    cd8ed Well-Known Member Past Donor

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    And the largest deficit on the planet.
    I wonder if they are correlated...
     
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  4. cd8ed

    cd8ed Well-Known Member Past Donor

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    How many take into account his character?
     
  5. Marine1

    Marine1 Well-Known Member Past Donor

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  6. FatBack

    FatBack Well-Known Member

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    No they dont, I posted a link already. It's no longer "Obama's" economy. Thanks to President Trump removing a plethora of his stifling regulations on industry, the economy is prospering. It's absolutely hilarious....
    The left in 2016: "If Trump gets elected, there will be a global recession and he will start nuclear war"
    Well, that failed to pan out and the economy is doing well so now...

    The left in 2020: "It's Obama's economy". lol

    You people are funny as hell.
     
  7. yardmeat

    yardmeat Well-Known Member

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    No, a graph can't just "say anything." Every single economic indicator you are giving Trump credit for was already on an upward trend. He's had some influences, both good and bad, but there is no evidence of any strong impact one way or another. Wages? Already improving. Employment? Already improving. Stock market? Already improving. What you are doing is trying to cherry pick and then ask everyone to ignore the facts that disprove your theory. Now THAT can be used to literally say anything.
     
  8. yardmeat

    yardmeat Well-Known Member

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    Trump is removing some stifling aspects . . . and adding others. The. Same. Improvements. Have. Continued. Across. Both. Presidencies. Same trends. Either credit both or credit neither. Anything else is intellectually dishonest.
     
  9. Marine1

    Marine1 Well-Known Member Past Donor

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    Obama came across as very Presidential. He was good looking had a great sounding voice and told us just what he wanted us to hear. But he had a lousy economy, a lousy job of fighting ISIS and was hated by most Middle East nations. In contrast, Trump doesn't come across very Presidential. Says what he feels without thinking. But has turned this country around to where we have one of the hottest economies on the planet. Which effects us and our children the most?
     
  10. FatBack

    FatBack Well-Known Member

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    Nice link you have...oh wait...


    upload_2020-1-21_13-56-27.png thehill.com › opinion › finance › 368904-economists-agree-trump-no...

    Economists agree: Trump, not Obama, gets credit for economy ...
    upload_2020-1-21_13-56-27.png
    Jan 14, 2018 - Who deserves credit for the booming economy? This is not a petty argument. How voters answer the question could well determine whether ...
    upload_2020-1-21_13-51-40.png thehill.com › opinion › finance › 476807-the-trump-tariffs-keep-wor...

    The Trump tariffs keep working, to the consternation of many ...

    upload_2020-1-21_13-51-40.png
    Jan 5, 2020 - The Trump tariffs keep working, to the consternation of many economists. By Jeff Ferry ... This is not to say that the tariffs are perfect. There are ...
     
  11. FatBack

    FatBack Well-Known Member

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  12. yardmeat

    yardmeat Well-Known Member

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    I've read the first one, and you should really do more than just read the headlines. I'll go over these in more detail later. But here's a protip: journalists are not economists. When you actually review the content in the articles, it's support for the Trumpist religion starts to fade pretty fast.
     
  13. Marine1

    Marine1 Well-Known Member Past Donor

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    During the 2016 presidential campaign, Donald Trump consistently promised to revive America’s manufacturing economy.

    Trump’s focus on manufacturing brought out high-profile critics who scoffed at the notion. President Obama notably said in June 2016 that manufacturing jobs “are just not going to come back.” He said this at a time when manufacturing job growth had flatlined, falling by 31,000 from January of 2016 to when he delivered his pessimistic comments in June of that year.

    While President Obama’s time in office did see job gains, even in manufacturing, it’s important to note that jobs always come back in a post-recession recovery. But comparing the nation’s most-recent economic recovery from the trough in June 2009, the pace of job growth was slower in Obama’s tenure than in any past recovery—

    https://www.forbes.com/.../trumps-policy-magic-wand.../...


     
  14. FatBack

    FatBack Well-Known Member

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    I did read it.
     
  15. Marine1

    Marine1 Well-Known Member Past Donor

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    This is what killed Obama's recovery.

    In a race to the finish, Obama administration presses ahead ...
    www.washingtonpost.com/politics/in-a-race-to-the...
    As the future Trump administration begins to take shape, the Obama White House is engaged in a frenzied, final effort to put in place as many new rules and regulations as time allows.



    20,642 New Regulations Added in the Obama Presidency
    www.dailysignal.com/2016/05/23/20642-new...
    More than $22 billion per year in new regulatory costs were imposed on Americans last year, pushing the total burden for the Obama years to exceed $100 billion annually.



    The U.S. Has the Highest Corporate Income Tax Rate in the ...
    https://taxfoundation.org/us-has-highest-corporate-income-tax-rate-oecd
    In today’s globalized world, U.S. Corporations are increasingly at a competitive disadvantage. They currently face the highest statutory corporate income tax rate in the world at 39.1 percent. This overall rate is a combination of our 35 percent federal rate and the average rate levied by U.S. States.
     
  16. Marine1

    Marine1 Well-Known Member Past Donor

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    But now that we're in the midst of a booming economy — which kicked in after Trump reversed almost all Obama's economic policies — we're supposed to believe that it's Obama who deserves all the credit.

    Yep. That's precisely what Obama and his Amen Chorus in the press want us to believe.

    In his speech in Illinois last Friday, Obama complained that Republicans were taking credit for his work.

    "When you hear how great the economy's doing right now, let's just remember when this recovery started," he said. "I mean, I'm glad it's continued, but … suddenly Republicans are saying it's a miracle."

    This week, White House Council of Economic Advisers Chairman Kevin Hassett wisely set the record straight. At a briefing on Monday, he noted that just about every important economic indicator showed the economy was stalling out in Obama's last year.

    Hassett explained that small business optimism had been on the decline before the November 2016 election. The percentage of businesses saying it's a good time to expand was, too. Business investment was stagnant. All those turned upward starting in 2017. Applications for new businesses are now well above the trend over Obama's entire second term, Hassett noted. And blue-collar jobs are growing faster than any time since the Reagan administration.

    Turnaround on GDP Growth
    There's more. The rate of GDP growth was decelerating in Obama's last year. It went from 2.3% in Q2, to 1.9% in Q3 to 1.8% in Q4 of 2016. Under Trump, GDP growth has averaged 2.9%. It was 4.2% last quarter and might be higher in the current one.

    The stock market also was stuck in neutral the year before the November 2016 elections. The Dow is up by some 45% since then.

    Real median family income didn't budge from August 2015 to November 2016, according to Sentier Research. It's up more than 4% since Trump came into office. Wages are on the upswing.


    https://www.investors.com/politics/editorials/obama-trump-booming-economy/
     
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  17. Marine1

    Marine1 Well-Known Member Past Donor

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    But it took the cut in taxes and regulations to swing it for many of those factories. Especially Apple. Asked in 2016 if he would bring his billions in off shore billions home, he said no.( .Apple CEO Says Company Won't Bring Home Money Parked ...

    https://www.forbes.com/.../08/17/apple-ceo-says-company-wont...

    Aug 17, 2016 · Apple CEO Says Company Won't Bring Home Money Parked Overseas Until Tax Rates Are 'Fair'. Tech giant Apple is hoping that the United States' tolerance for pain is a little bit lower than mine. In an interview with The Washington Post last week, Apple CEO Tim Cook discussed his tenure at Apple and, not surprisingly,...

    But a year later, after Trump's tax cuts
    Newscentermaine.com | Why Apple is bringing billions back home
    www.newscentermaine.com/article/news/nation-now/...
    A second corporate campus, an additional 20,000 workers and a $350 billion commitment. That's Apple's pledge to the U.S. As the tech giant announced a sweeping set of moves Wednesday to bring back billions of its offshore cash and spur economic growth. The plan also includes paying $38 billion in taxes.
     
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  18. mitchscove

    mitchscove Well-Known Member Donor

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    Wouldn't it be great if the Dow performed in normal times the same way it performs after recovering from a 40% drop due to credit lockup based panic?

    Even Obama would disagree with your biased presentation. He told us our best times were behind us,,,, that 1% growth was the new norm. You guys even tried to compare Trump's spending while rebuilding the military that Obama decimated when the Fed rate was 1.75% and greater versus 0% for most of the Obama regime. You have proven why left wingers have no credibility. That's OK. Keep it up.
     
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  19. Ddyad

    Ddyad Well-Known Member

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    Everyone knows that character is irrelevant to a presidential candidate's ability to win an election.

    "Yes, the Republicans were too partisan, the Starr Report was too prurient and Clinton’s haters generated various absurd conspiracy theories. But the Clinton operation was also extraordinarily sordid, in ways that should be thrown into particular relief by the absence of similar scandals in the Obama administration, which had perfervid enemies and circling investigators as well.

    The sexual misconduct was the heart of things, but everything connected to Clinton’s priapism was bad: the use of the perks of office to procure women, willing and unwilling; the frequent use of that same power to buy silence and bully victims; and yes, the brazen public lies and perjury."
    THE NEW YORK TIMES, What if Ken Starr Was Right?, Ross Douthat, NOV. 18, 2017.
     
  20. Quantum Nerd

    Quantum Nerd Well-Known Member

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  21. Marine1

    Marine1 Well-Known Member Past Donor

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    Little hard, it doesn't even show when Trump took office. No evidence? I plastered evidence all over this page.
     
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  22. truth and justice

    truth and justice Well-Known Member

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    LOL. You didn't even bother to read the OP or do you have reading comprehension issues? Do you understand what the time frame quoted in the OP in the phrase "..in his first three years in office" is? Do you understand the time frame in the graph I pasted - the clue is 36 months on the axis of "term length in office". So why don't you show where the bias is......

    Oh, and about credibility, Obama said 2%, not 1% so are you trying to change history and hoping no one notices, and what is the current GDP 4th quarter estimate that Trump has achieved after his massive spend attempting to increase the GDP?
     
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  23. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Are you unable to mentally put four 1-year marks between 2010 and 2015 and 2015 and 2020? If so, it might be hard to have a discussion.

    To help you out though. Four things are shown by this graph:

    1) Manufacturing jobs are nowhere near the level they were before GWB took over, another supply side "magician".
    2) The rate of increase of manufacturing jobs was basically the same under Obama and Trump.
    3) Manufacturing job growth has stalled in 2019.
    4) Obama was correct, the old manufacturing jobs are unlikely to come back. At the rate of rise from the last 10 years, it would take more than 50 years to get back to where we were when GWB took office.
     
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  24. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Graphs and data mean NOTHING to them.
     
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  25. truth and justice

    truth and justice Well-Known Member

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    Err, why have you posted a link about GDP figures from 2018 and not current GDP figures?
     

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