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Old 08-07-2017, 05:12 PM   #1
slapass
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Economy and the President

So how far into it does the current guy start getting credit? I credit this lack of change, and staying with Obama's course pretty much all Trump by now or pretty soon. Ineffective is also a path.
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Old 08-07-2017, 05:18 PM   #2
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He hasn't done anything at all. Nothing. We are still riding Obama's wave.

It's amazing really. The economy was so horrible last year and although nothing has changed suddenly everything is magical.

Bullshit. Nothing has changed.
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Old 08-07-2017, 05:22 PM   #3
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It takes time for the fuck up to reach you...reversing some laws may appear as good in the short term but in the long term it may have a very negative effect...

I have yet to see non US media praise trump for anything...does not look good long term IMO
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Old 08-07-2017, 06:00 PM   #4
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The U6 rate is still 8.6. So A LONG ways to go on jobs. Getting Foxconn to commit to a plant in WI and MI will help. But there is a lot more things like that needed. The stock market rocketed since his Election day win. I'll give him credit for that. Its more so his rhetoric that has people optimistic, though his effort to reduce relations helps a lot there too.
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Old 08-07-2017, 06:12 PM   #5
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He hasn't done anything at all. Nothing. We are still riding Obama's wave.

It's amazing really. The economy was so horrible last year and although nothing has changed suddenly everything is magical.

Bullshit. Nothing has changed.
We have had an amazing ecOnomy for several years now. No idea what metrics you watch.
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Old 08-07-2017, 06:20 PM   #6
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Like anything that fat lump of shit could do will have any positive effect on anything...that's fucking funny. The only thing Trump wants to have a positive effect on is the money in his pockets during his latest money-making endeavor gone too far.
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Old 08-07-2017, 06:23 PM   #7
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Economy is worst under Trump... People hanging on their money because of this fool...
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Old 08-07-2017, 06:26 PM   #8
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So how far into it does the current guy start getting credit? I credit this lack of change, and staying with Obama's course pretty much all Trump by now or pretty soon. Ineffective is also a path.
The left will only give him credit if the economy tanks. Otherwise we'll be riding the Obama wave till 2024.
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Old 08-07-2017, 06:37 PM   #9
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I think it is sort of obvious that he has done very little. Doing not much is good if the effect is positive.
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Old 08-07-2017, 06:38 PM   #10
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Economy is worst under Trump... People hanging on their money because of this fool...
Except they're not You guys can't be serious spouting off this nonsense

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Old 08-07-2017, 07:07 PM   #11
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To me, a president owns the economy when they either 1. Do something big that can affect the economy. or 2. They have been in office for a little while (9-12 months).

Obama signed and enacted the stimulus and bailouts (although they got started under the Republican he continued and increased them) so he took ownership of the economy right out the gate. Trump hasn't done much. He killed a few regulations and gave some tax money to a few companies to save some jobs, but he hasn't done much other than talk up the economy (which can be good for it. I have always believed Presidents get too much credit for a good economy and too much blame for a bad one) so by default, I feel, the economy will really be his between now and the end of the year.
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Old 08-07-2017, 07:09 PM   #12
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We have had an amazing ecOnomy for several years now. No idea what metrics you watch.
I agree. But did you miss the election? All Trump ranted about was jobs and unemployment, and how bad the economy was.
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Old 08-07-2017, 07:12 PM   #13
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Been to the grocery store lately?
The state charged me 18% more to renew my license plate tabs for this year.
The stock markets have factored in a new tax rate that is unlikely to happen this year.
The US dollar index is down 7% in a month.
Interest rates on the U.S. 6 Month Treasury Bill have doubled -- interest rates are still low and with the value drop in the dollar index rate they will continue to rise.

If Trump wants to 'own' this economy -- go ahead...
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Old 08-07-2017, 08:42 PM   #14
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Originally Posted by Rochard View Post
He hasn't done anything at all. Nothing. We are still riding Obama's wave.

It's amazing really. The economy was so horrible last year and although nothing has changed suddenly everything is magical.

Bullshit. Nothing has changed.
? Stock Market is above 22,000 (all-time record)
? Consumer confidence is through the roof
? Unemployment at 16-year low
? ISIS has lost 80% of its territory
? Criminal alien immigration is down 70%
? MS-13 is being decimated
? Trans-Pacific Partnership & Paris Climate Accord flushed down the toilet 🚽
? Job-killing regulations slashed, across the board
? New, conservative Supreme Court Justice in place
? Cucks are triggered: whining & complaining non-stop
? Democrat Party in its weakest state since Reconstruction in the 1870s. They are so flustered, they've developed what I believe to be a severe form of Tourette Syndrome: "Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!".
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Old 08-07-2017, 09:19 PM   #15
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Originally Posted by OneHungLo View Post
? Stock Market is above 22,000 (all-time record)
? Consumer confidence is through the roof
? Unemployment at 16-year low
? ISIS has lost 80% of its territory
? Criminal alien immigration is down 70%
? MS-13 is being decimated
? Trans-Pacific Partnership & Paris Climate Accord flushed down the toilet 🚽
? Job-killing regulations slashed, across the board
? New, conservative Supreme Court Justice in place
? Cucks are triggered: whining & complaining non-stop
? Democrat Party in its weakest state since Reconstruction in the 1870s. They are so flustered, they've developed what I believe to be a severe form of Tourette Syndrome: "Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!".
So much bullshit and flat out lies in that list and you know it That's a redhat wishlist
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Old 08-08-2017, 04:08 AM   #16
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Originally Posted by OneHungLo View Post
? Stock Market is above 22,000 (all-time record)
a trend that began during obama...trump called the same trend "disastrous"

Quote:
Originally Posted by OneHungLo View Post
? Consumer confidence is through the roof
I am sure consumer confidence was through the roof before the 2008 meltdown too

Quote:
Originally Posted by OneHungLo View Post
? Unemployment at 16-year low
Obama...

Quote:
Originally Posted by OneHungLo View Post
? ISIS has lost 80% of its territory
has nothing to do with trump...

Quote:
Originally Posted by OneHungLo View Post
? Criminal alien immigration is down 70%
domestic criminals will fill the void...means nothing...


Quote:
Originally Posted by OneHungLo View Post
? MS-13 is being decimated
some other gang will fill the void...

Quote:
Originally Posted by OneHungLo View Post
? Trans-Pacific Partnership & Paris Climate Accord flushed down the toilet 🚽
what the intelligent man is ashamed of, the stupid man is proud of...

Quote:
Originally Posted by OneHungLo View Post
? Job-killing regulations slashed, across the board
you obviously do not understand how shareholder supremacy works...those jobs are never coming back...
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Old 08-08-2017, 04:53 AM   #17
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Except they're not You guys can't be serious spouting off this nonsense

Read up on that index. It means nothing.
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Old 08-08-2017, 05:05 AM   #18
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It's up 0.55% That is too funny
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Old 08-08-2017, 05:06 AM   #19
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Originally Posted by crucifissio View Post
a trend that began during obama...trump called the same trend "disastrous"



I am sure consumer confidence was through the roof before the 2008 meltdown too



Obama...



has nothing to do with trump...



domestic criminals will fill the void...means nothing...




some other gang will fill the void...



what the intelligent man is ashamed of, the stupid man is proud of...



you obviously do not understand how shareholder supremacy works...those jobs are never coming back...
Good you tackled it
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Old 08-08-2017, 04:50 PM   #20
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a trend that began during obama...trump called the same trend "disastrous"
Sure, but doesn't take away the fact that Trump's pro-business policies and upcoming tax reform is driving the market to a much higher rate than it was in the last 6 months of Obama's term - Thanks Trump



Quote:
I am sure consumer confidence was through the roof before the 2008 meltdown too
No, actually it was flat but now it's rising - Thanks Trump


Quote:
Obama...
Sure, but Trump is continuing that success - Thanks Trump

Quote:
has nothing to do with trump...
Probably, but no way ISIS will grow under Trump - Thanks Trump

Quote:
domestic criminals will fill the void...means nothing...
Means nothing? No it means criminal illegals are down 70% - Thanks Trump


Quote:
some other gang will fill the void...
We'll see, but for now they are getting jailed and deported - Thanks Trump


Quote:
what the intelligent man is ashamed of, the stupid man is proud of...
Nobody thought the TPP was a good deal, even Hillary was for it before she was against it


Quote:
you obviously do not understand how shareholder supremacy works...those jobs are never coming back...
Oh you mean the multi-billion Foxconn facility in Michigan thats going to add 13,000 jobs thanks to President Donald Trump, and many more to come
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“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.

― Calvin Coolidge
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Old 08-08-2017, 04:52 PM   #21
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Read up on that index. It means nothing.
Poll: 69 percent think economy is in 'good' shape

^ I guess you'll have to accept the CBS poll
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“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.

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Old 08-08-2017, 05:22 PM   #22
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@ one hung lo

Trump is "Paul markhaming" he is pretending consequences can be cherry picked and taking short term gains from it but reality is about to catch up...I still don't believe he is responsible for most of the things but obama is
...

And yes, shareholder supremacy...investors want more return on their investment...high salaries are frowned upon...they will drop you and invest in high yield sweatshop or robot shit...you would too LOL...get real...those 13.000 foxcon jobs are a show pony...who knows what kind of concession trump made in return...

Human production in the USA is coming to an end...trump that LOL
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Old 08-08-2017, 05:32 PM   #23
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Read up on that index. It means nothing.
...but the graph is impressive ....
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Old 08-08-2017, 06:02 PM   #24
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Quote:
Originally Posted by slapass View Post
Read up on that index. It means nothing.
Quote:
Originally Posted by crucifissio View Post

...means nothing...
Quote:
Originally Posted by directfiesta View Post
...but the graph is impressive ....
Yeah yeah..

Stock market up ...means nothing...
Employment rates up...means nothing...
Real estate up ...means nothing...
Illegal immigration down ...means nothing...
13,000 jobs from Foxconn ...means nothing...
Consumer confidence ...means nothing...



but what matters most is...














Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia! Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia! Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia! Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!Russia! R-Russia! Putin! R-R-Russia! P-P-Putin! R-Russia!

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“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.

― Calvin Coolidge
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Old 08-08-2017, 06:04 PM   #25
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We will see won't we? LOL
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Old 08-08-2017, 06:08 PM   #26
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Poll: 69 percent think economy is in 'good' shape

^ I guess you'll have to accept the CBS poll
Sentiment is normally a contrarian indicator. I am supporting that at some point we have to credit trump for not fucking it up. I just don't see this as a significant indicator.
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Old 08-08-2017, 06:18 PM   #27
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The U6 rate is still 8.6. So A LONG ways to go on jobs. Getting Foxconn to commit to a plant in WI and MI will help. But there is a lot more things like that needed. The stock market rocketed since his Election day win. I'll give him credit for that. Its more so his rhetoric that has people optimistic, though his effort to reduce relations helps a lot there too.
I disagree. The lowest the U6 rate has been in the past ten years has been 7.9%.

U6 Unemployment Rate | MacroTrends
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Old 08-08-2017, 06:24 PM   #28
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It could go two terms and most of those responding above wouldn't give Trump credit.
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Old 08-08-2017, 06:55 PM   #29
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I disagree. The lowest the U6 rate has been in the past ten years has been 7.9%.

U6 Unemployment Rate | MacroTrends
And I find 7.9 and 8.6% to be unacceptable.
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Old 08-08-2017, 07:13 PM   #30
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Not sure if anyone has noticed but the US has entered a period of labor scarcity not surplus. We don't really need more jobs at any significant rate.
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