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-   -   How bad is Trump going to fuck up the economy? (https://gfy.com/showthread.php?t=1307228)

RedFred 12-24-2018 10:44 AM

How bad is Trump going to fuck up the economy?
 
Worse than the last Republican President? Why do Republicans always fuck the economy up? Looks like the next Dem Pres will have to clean up this Orange mess.

crockett 12-24-2018 10:48 AM

Biggly.....

beerptrol 12-24-2018 10:51 AM

The republicans will be screaming about fiscal responsibilty and the national debt when the next Dem president is elected into office


That seems to be the cycle. Republicans fuck shit up, and the Dem president has to fix it!

directfiesta 12-24-2018 10:53 AM

Keeping with Trump reputation :

Biggly , like never seen before , beautifull stock crash ...


upcoming: bankruptcy ....

RedFred 12-24-2018 10:54 AM

Quote:

Originally Posted by crockett (Post 22386176)
Biggly.....

It's going to be bad. Thankfully when Bush fucked it up it was towards the end of his term, if it happened in the middle of his term we would still be in a depression.

crockett 12-24-2018 10:57 AM

Quote:

Originally Posted by beerptrol (Post 22386180)
The republicans will be screaming about fiscal responsibilty and the national debt when the next Dem president is elected into office


That seems to be the cycle. Republicans fuck shit up, and the Dem president has to fix it!

Dont forget about illegals and boarder security..and they gonna take your guuuuuns...

They do the same shit time shit time after time and the dumbs fall for it because Democrats BAAAAAAAD...

Rochard 12-24-2018 11:05 AM

Mr. trump is doing nothing for our economy at all. It's disgusting really. All during Obama's time in office the Republicans screamed about how bad the economy is. The moment Mr. trump took office suddenly the economy was great. Bullshit. The only thing that changed was we had a new President. The economy was the same. The only law Mr. trump has passed since being in office was the tax cut, and that obviously didn't do anything for anyone other than the rich.

In the mean time Mr. trump has started a full fledged trade war with China.... GM is shutting down plants; Boeing - An American aircraft company - is going to be making planes in China. What the fuck?

I cannot believe anyone would continue to support him.

directfiesta 12-24-2018 11:05 AM

Robbie wanted amateurs running the White House , disrupters ... no more politicians ...

Need to fix your car ? go to the beauty salon !
You are hungry ? Ask the busy coal miner to make you a snack !

How it is doing for you ?
Missing Obama ?

Meanwhile, my portofolio ( not much stock, just 35K ) went down .....
So much MAGA ......

pimpmaster9000 12-24-2018 11:07 AM

timeless :1orglaugh:1orglaugh:1orglaugh:1orglaugh

https://pics.me.me/republicans-simpl...ey-7753149.png
https://s3.amazonaws.com/static.poli...nties_meme.jpg

https://www.politifact.com/truth-o-m...es-red-states/

Our ruling

The meme said that "97 percent of the 100 poorest counties in America are in red states." According to the most recent data, that’s a few percentage points high, but not by much.



:1orglaugh:1orglaugh:1orglaugh:1orglaugh

RedFred 12-24-2018 11:07 AM

Quote:

Originally Posted by Rochard (Post 22386191)
Mr. trump is doing nothing for our economy at all. It's disgusting really. All during Obama's time in office the Republicans screamed about how bad the economy is. The moment Mr. trump took office suddenly the economy was great. Bullshit. The only thing that changed was we had a new President. The economy was the same. The only law Mr. trump has passed since being in office was the tax cut, and that obviously didn't do anything for anyone other than the rich.

In the mean time Mr. trump has started a full fledged trade war with China.... GM is shutting down plants; Boeing - An American aircraft company - is going to be making planes in China. What the fuck?

I cannot believe anyone would continue to support him.


I agree with everything you said except for the 'Mr.' part.

Robbie 12-24-2018 04:39 PM

Quote:

Originally Posted by directfiesta (Post 22386192)
Robbie wanted amateurs running the White House , disrupters ... no more politicians ...

No, in my view...the politicians are the "amateurs" with no real life experience.

Stock market sucks right now. But the economy is roaring in every other way. The news is reporting on stocks NOW that they have sharply declined (thanks to the Fed raising the interest rate EIGHT times since Trump was elected...they only raised it ONCE for the entire 8 years of Obama...lol) of course they downplayed it when the stock market was at historical highs.

The stock market is going to come back fast. If any of you had any brains, you would be investing NOW while the market is low.

Once the China deal is completed and the stock market gets over the Fed rate hike...watch what happens.

Of course the "Hate-Trump" people can't see this. But people who actually have money and know how things work do see it. They are simply waiting for the bottom of this correction to buy, buy, buy.

Robbie 12-24-2018 04:42 PM

By the way...the Dow closed at 19,827.25 on Inauguration Day, Jan. 20, 2017

The Dow today is at 21,792.20

So it's STILL higher than it was before Trump. You guys need to stop being hysterical and quit listening to CNN's bullshit.

EDIT: And the day BEFORE Trump won the election? The Dow closed at 17,888.28

Bladewire 12-24-2018 04:55 PM

Quote:

Originally Posted by Robbie (Post 22386261)
No, in my view...the politicians are the "amateurs" with no real life experience.

Stock market sucks right now. But the economy is roaring in every other way. The news is reporting on stocks NOW that they have sharply declined (thanks to the Fed raising the interest rate EIGHT times since Trump was elected...they only raised it ONCE for the entire 8 years of Obama...lol) of course they downplayed it when the stock market was at historical highs.

The stock market is going to come back fast. If any of you had any brains, you would be investing NOW while the market is low.

Once the China deal is completed and the stock market gets over the Fed rate hike...watch what happens.

Of course the "Hate-Trump" people can't see this. But people who actually have money and know how things work do see it. They are simply waiting for the bottom of this correction to buy, buy, buy.

The stock market has been crashing since October. Beginning in October we've lost 3,300 points in the last 3 months. This is because of the trade war Robbie. Of course you try to blame last week's small rate hike for the last 3 months of losses.

You always blame others for Trump's failures. Always. It's disgusting.

You can't be honest about anything regarding Trump.

RedFred 12-24-2018 04:57 PM

Quote:

Originally Posted by Robbie (Post 22386261)
No, in my view...the politicians are the "amateurs" with no real life experience.

Stock market sucks right now. But the economy is roaring in every other way. The news is reporting on stocks NOW that they have sharply declined (thanks to the Fed raising the interest rate EIGHT times since Trump was elected...they only raised it ONCE for the entire 8 years of Obama...lol) of course they downplayed it when the stock market was at historical highs.

The stock market is going to come back fast. If any of you had any brains, you would be investing NOW while the market is low.

Once the China deal is completed and the stock market gets over the Fed rate hike...watch what happens.

Of course the "Hate-Trump" people can't see this. But people who actually have money and know how things work do see it. They are simply waiting for the bottom of this correction to buy, buy, buy.


Show me a time when the market had a 10% or more correction that didn't lead to a recession. We've had a 17.5% correction since September. Interest rates have been raised many many times without a huge correction. The two biggest indicators of upcoming economic turmoil are the stock market and the housing market, and the housing market is also showing signs of a decline. What was the first thing that happened preceding the great depression? The stock market. Same thing in 2009.

Here are some other fun facts to go with your "roaring economy"

-Real wages for average workers are lower today than in 1973.

- Nearly 80 percent of workers live paycheck to paycheck.

- 40 percent of Americans can’t afford a $400 emergency.

- Americans are reaching retirement age in worse financial shape than their parents.

- Half of older Americans have no retirement savings.

- Hundreds of thousands of bright young Americans are unable to go to college because they can’t afford it.

- Over 30 million Americans have no health insurance and even more are under-insured.

- One out of five Americans can’t afford the medicine prescribed by their doctors.

I'm starting to think you are more out of touch than Trump.

Bladewire 12-24-2018 05:08 PM

People need to remember that in May 2018 Trump rolled back the market protections Obama put in place after the last recession. Four months later the stock market started to dive, with the banking industry be one of those hit hardest.

Trump signs law rolling back post-financial crisis banking rules

On top of that we have Trump attacking the fed on Twitter. This is making the market feel less stable.

We have the treasury secretary tweeting about calling banks about their level of liquidity. This is making the market feel less stable.

crockett 12-24-2018 07:33 PM

Quote:

Originally Posted by Robbie (Post 22386261)
No, in my view...the politicians are the "amateurs" with no real life experience.

Stock market sucks right now. But the economy is roaring in every other way. The news is reporting on stocks NOW that they have sharply declined (thanks to the Fed raising the interest rate EIGHT times since Trump was elected...they only raised it ONCE for the entire 8 years of Obama...lol) of course they downplayed it when the stock market was at historical highs.

The stock market is going to come back fast. If any of you had any brains, you would be investing NOW while the market is low.

Once the China deal is completed and the stock market gets over the Fed rate hike...watch what happens.

Of course the "Hate-Trump" people can't see this. But people who actually have money and know how things work do see it. They are simply waiting for the bottom of this correction to buy, buy, buy.

Holy shit you are full of shit.. just 3 or 4 months ago you were arguing that the stock market was at a all time high because of Trump.. Now it's at all time low but he dindo nuffins wrong ..

Bladewire 12-24-2018 07:40 PM

Quote:

Originally Posted by crockett (Post 22386297)
Holy shit you are full of shit.. just 3 or 4 months ago you were arguing that the stock market was at a all time high because of Trump.. Now it's at all time low but he dindo nuffins wrong ..

He says the markets worst December since the 1931 depression is "market correction" :1orglaugh:1orglaugh ignorance is bliss

TheSquealer 12-24-2018 10:20 PM

The usual suspects throwing another one of their usual circle jerks.

bronco67 12-24-2018 10:30 PM

Quote:

Originally Posted by directfiesta (Post 22386192)
Robbie wanted amateurs running the White House , disrupters ... no more politicians ...

Need to fix your car ? go to the beauty salon !
You are hungry ? Ask the busy coal miner to make you a snack !

How it is doing for you ?
Missing Obama ?

Meanwhile, my portofolio ( not much stock, just 35K ) went down .....
So much MAGA ......

Yeah...isn't it so funny that people need to be certified and qualified to do many jobs, except for the most important job in the United States? Any fucking dickhead with enough money to run a campaign can basically be in charge of everything without getting a valid mental examination or aptitude test...or anything to qualify for it. This nation of idiots finally put someone in the charge of our government who really shouldn't even be allowed to run a hot dog stand. Not only is he not mentally capable of running a hot dog stand, but he's not ethically capable.

Robbie 12-26-2018 02:40 PM

Gee, I wonder why this thread is dropping off?

huey 12-26-2018 02:58 PM

Hope all the gfy financial experts where not shorting any stock today.

Robbie 12-26-2018 04:05 PM

Quote:

Originally Posted by huey (Post 22386874)
Hope all the gfy financial experts where not shorting any stock today.

Pretty sure that none of them have enough money to own much stock anyway. Unless their civilian jobs have 401k (I doubt any of them are even in the porn industry, much less making money in it)

Major (Tom) 12-26-2018 04:11 PM

Quote:

Originally Posted by Robbie (Post 22386867)
Gee, I wonder why this thread is dropping off?

It’s not aging well

Bladewire 12-26-2018 04:15 PM

Quote:

Originally Posted by DukeSkywalker (Post 22386909)
It’s not aging well

We're at a 15 month low today despite todays rally. That's how bad Trump has fucked things up.

GM plants closed the day before Christmas and Ford closed their plants and are moving their plants to China. #Thankstrump

You should expect more from your president, including stability.

RedFred 12-26-2018 05:20 PM

One gain vs 2 months of losses and these guys once again think it's the best economy in history.

Reminds me of someone who loses 50 hands of blackjack in a row and wins one and thinks he's on a winning streak.

Another 2 days of 1000+ point gains and the Dow will be back where it was a year ago. :1orglaugh

pimpmaster9000 12-26-2018 06:22 PM

This rebound is normal after a week of dropping...this is how bitcoin started to drop...5 steps down, one step up...this rebound is no good news it is just traders trading...

Robbie 12-26-2018 07:04 PM

Quote:

Originally Posted by crucifissio (Post 22386959)
This rebound is normal after a week of dropping...this is how bitcoin started to drop...5 steps down, one step up...this rebound is no good news it is just traders trading...

That could be right.

But the original title of the thread is about the economy.

The economy hasn't slowed down one bit. It's roaring.
And the stock market reacted to the Fed raising interest rates again, now it's chilling out and gaining back...just as I said it would.

Once Trump takes care of the Chinese...we are going to see the economy even better than it is now.
And the stock market will be just as good.

People on here claiming that Trump is ruining the economy while we are IN the best economy of our lifetime, shows real ignorance and/or the power of fake news to downplay what the President has accomplished.


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