Deranged Rhino Posted August 19, 2019 Share Posted August 19, 2019 32 minutes ago, Teddy KGB said: Can you explain why you chose to speak on the matter ? It's what he does when he trolls: speak up on matters he knows nothing about, belittling them -- until he goes too far and exposes his own ignorance (see the CNN thread) then he creates a new screenname and hides behind that for a few weeks/months. Rinse, lather, repeat. 1 1 Link to comment Share on other sites More sharing options...
Benjamin Franklin Posted August 19, 2019 Share Posted August 19, 2019 49 minutes ago, Deranged Rhino said: It's what he does when he trolls: speak up on matters he knows nothing about, belittling them -- until he goes too far and exposes his own ignorance (see the CNN thread) then he creates a new screenname and hides behind that for a few weeks/months. Rinse, lather, repeat. Did you ever find the guy you were so excited about at the Hyperspace Research Institute? Link to comment Share on other sites More sharing options...
GG Posted August 19, 2019 Author Share Posted August 19, 2019 1 hour ago, TPS said: The $1.5 trillion in Reserves are also on the BS of banks, so why isn't it inflationary? It's clear you don't understand the fundamental causes of inflation. You clearly underestimate the power of central banks. And, the majority of Japanese debt is held internally, so the government bond market doesn't have much influence on the yen exchange rate. Raytheon is used as one example of how government spending influences the value of a companies shares (wealth creation). So it appears that you now agree that government spending influences wealth creation.... And the US controls most of the international payments system. Look what happens when a country gets on our bad side....a dominant military force is also a requirement to be the reserve currency.... Please revisit the cause & effect point. Would you be making the same arguments for the British pound in 1920? Yes, you would. The pound was unassailable. What do you think had a higher impact on overall private wealth creation? Trump adding a new contract to Raytheon’s order book, or US reducing the tax rate on companies’ overseas profits? One didn’t involve spending a dime. Link to comment Share on other sites More sharing options...
Benjamin Franklin Posted August 19, 2019 Share Posted August 19, 2019 Just now, GG said: Please revisit the cause & effect point. Would you be making the same arguments for the British pound in 1920? Yes, you would. The pound was unassailable. What do you think had a higher impact on overall private wealth creation? Trump adding a new contract to Raytheon’s order book, or US reducing the tax rate on companies’ overseas profits? One didn’t involve spending a dime. Did I just wander into GG-TPS debate? The ***** did I do to deserve this? Link to comment Share on other sites More sharing options...
/dev/null Posted August 19, 2019 Share Posted August 19, 2019 19 minutes ago, Benjamin Franklin said: Did I just wander into GG-TPS debate? The ***** did I do to deserve this? you touched yourself in a naughty way 2 Link to comment Share on other sites More sharing options...
DC Tom Posted August 19, 2019 Share Posted August 19, 2019 20 minutes ago, Benjamin Franklin said: Did I just wander into GG-TPS debate? The ***** did I do to deserve this? You accidentally signed up for a 500-level econ course. 1 1 Link to comment Share on other sites More sharing options...
TPS Posted August 19, 2019 Share Posted August 19, 2019 (edited) 44 minutes ago, GG said: Please revisit the cause & effect point. Would you be making the same arguments for the British pound in 1920? Yes, you would. The pound was unassailable. What do you think had a higher impact on overall private wealth creation? Trump adding a new contract to Raytheon’s order book, or US reducing the tax rate on companies’ overseas profits? One didn’t involve spending a dime. Both actions increase the value of their stock. I’m glad you finally acknowledge that government influences wealth creation. Edited August 19, 2019 by TPS Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 19, 2019 Share Posted August 19, 2019 3 hours ago, leh-nerd skin-erd said: Simply not true. The opposition party generally wants people disappointed with the economy. "What's in it for me" is the benchmark for a regime change. The fact is that a struggling economy rarely touches people like Pelosi, Schumer, McConnell et al in any significant way, so it becomes the flag to carry. The anti-trumpers argument goes "it'll never work...", "it will temporarily work", "its only working for the rich" and of course "where it works it's a clear sign of racism". Its boring, old, and repetitive. The Trump tax cuts benefited me and the people who were employed as a result. In the alternative, had that money gone to the govt, it's gone forever, and well, by the time the skim takes place, any benefit I might realize is purely a coincidence. Hmm, disappointed maybe..but who wants the economy in the tank outside of the very person/persons who benefit from the election results..and that is certainly not 99.8% of people. I do get tired of your last point..I have not heard one utterance of Trumps economic policies are racist..classest..yes, racist No!! Where we differ is the effect of the tax cuts..I don't believe they had any meaningful, long term impact..and job creation has not been any greater under Trump than it was Obama..but with a swelling deficit. As I have said a lot in this thread, full employment is here to stay based solely on demographics, and has been predicted for at least a decade.and will prolly be that way even in a recessionary environment Problem is in a recessionary period, Trump has diminished levers to pull now to stimulate growth..he has already busted his nut when he did not have too. 1 Link to comment Share on other sites More sharing options...
DC Tom Posted August 19, 2019 Share Posted August 19, 2019 40 minutes ago, plenzmd1 said: Hmm, disappointed maybe..but who wants the economy in the tank outside of the very person/persons who benefit from the election results..and that is certainly not 99.8% of people. I do get tired of your last point..I have not heard one utterance of Trumps economic policies are racist..classest..yes, racist No!! You need to read more. https://publicintegrity.org/business/how-trumps-tax-cuts-favor-whites-over-minorities/ https://www.scmp.com/comment/insight-opinion/united-states/article/2152291/donald-trumps-racist-vitriol-appeals-his-base https://democracyjournal.org/briefing-book/racial-equality-under-trump/ 2 1 Link to comment Share on other sites More sharing options...
TPS Posted August 19, 2019 Share Posted August 19, 2019 2 hours ago, Benjamin Franklin said: Did I just wander into GG-TPS debate? The ***** did I do to deserve this? No, you're in the archives from 10 years ago.... 2 Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 19, 2019 Share Posted August 19, 2019 25 minutes ago, DC Tom said: You need to read more. https://publicintegrity.org/business/how-trumps-tax-cuts-favor-whites-over-minorities/ https://www.scmp.com/comment/insight-opinion/united-states/article/2152291/donald-trumps-racist-vitriol-appeals-his-base https://democracyjournal.org/briefing-book/racial-equality-under-trump/ okay, so now i am supposed to read even more left leaning publications than the MSM, which everyone tells me is so biased to not read what they write...so I am confused Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 20, 2019 Share Posted August 20, 2019 man, if this is correct we are in bigger economic trouble than we thought https://www.washingtonpost.com/business/economy/white-house-officials-eyeing-payroll-tax-cut-in-effort-to-reverse-weakening-economy/2019/08/19/4cab28ec-c2bd-11e9-b72f-b31dfaa77212_story.html Quote The president’s plea to launch a new phase of “quantitative easing” is shorthand for asking the Fed to pump more money into the economy, a step that could weaken the U.S. dollar. This also is seen as an extreme step that central bankers take when they are trying to urgently address a slumping economy, not a tactic that is employed when the economy is still growing. So, we still saying the economy is roaring? BTW, was funny to hear Trump the other day preach the market is up "60-70% under hin, while it is up 26%. Link to comment Share on other sites More sharing options...
DC Tom Posted August 20, 2019 Share Posted August 20, 2019 36 minutes ago, plenzmd1 said: okay, so now i am supposed to read even more left leaning publications than the MSM, which everyone tells me is so biased to not read what they write...so I am confused Read everything, whether you agree with it or not. 3 Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 20, 2019 Share Posted August 20, 2019 Just now, DC Tom said: Read everything, whether you agree with it or not. wish i could..just dont have the time..especially with Monday Night Preseason football on! Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted August 20, 2019 Share Posted August 20, 2019 4 hours ago, plenzmd1 said: Hmm, disappointed maybe..but who wants the economy in the tank outside of the very person/persons who benefit from the election results..and that is certainly not 99.8% of people. I do get tired of your last point..I have not heard one utterance of Trumps economic policies are racist..classest..yes, racist No!! 3 hours ago, plenzmd1 said: okay, so now i am supposed to read even more left leaning publications than the MSM, which everyone tells me is so biased to not read what they write...so I am confused 2 hours ago, plenzmd1 said: wish i could..just dont have the time..especially with Monday Night Preseason football on! Tired, confused and precious little time on your hands. You're basically a really homely soccer mom. 2 Link to comment Share on other sites More sharing options...
TPS Posted August 20, 2019 Share Posted August 20, 2019 Who are these socialists? https://www.businessroundtable.org/business-roundtable-redefines-the-purpose-of-a-corporation-to-promote-an-economy-that-serves-all-americans 1 Link to comment Share on other sites More sharing options...
GG Posted August 20, 2019 Author Share Posted August 20, 2019 14 hours ago, TPS said: Both actions increase the value of their stock. I’m glad you finally acknowledge that government influences wealth creation. Very emblematic too. Spend cash to influence a $50 billion market cap company, and spend no cash to influence a $1 trillion market cap company. Which one has a greater on total wealth creation if there's a 1% jump? That is in essence the difference in thinking that a government can do a better job in dictating the economy over the private sector. Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted August 20, 2019 Share Posted August 20, 2019 1 hour ago, TPS said: Who are these socialists? https://www.businessroundtable.org/business-roundtable-redefines-the-purpose-of-a-corporation-to-promote-an-economy-that-serves-all-americans Interestingly, over the years, I've met with suppliers and vendors for a variety of different businesses, and the two most frequent complaints I've heard have been directed at: Larger developers (business/homes)-notorious late payers, foot draggers, and often willing to forgo paying at all; The State of NY--all of the above, plus systemic apathy to the plight of the vendor who completed the work ordered by the department as to when/if they would eve lr be paid. One friend of mine did a medium-sized contamination cleanup on an emergency basis for NYS that ran about $450k. They paid their employees, prioritized that job over other paying work and fought tooth and nail to receive payment. Seems to me it went a year or so, and the answer kept coming back "we'll get to you when we get to you.". Link to comment Share on other sites More sharing options...
Koko78 Posted August 20, 2019 Share Posted August 20, 2019 20 minutes ago, leh-nerd skin-erd said: Interestingly, over the years, I've met with suppliers and vendors for a variety of different businesses, and the two most frequent complaints I've heard have been directed at: Larger developers (business/homes)-notorious late payers, foot draggers, and often willing to forgo paying at all; The State of NY--all of the above, plus systemic apathy to the plight of the vendor who completed the work ordered by the department as to when/if they would eve lr be paid. One friend of mine did a medium-sized contamination cleanup on an emergency basis for NYS that ran about $450k. They paid their employees, prioritized that job over other paying work and fought tooth and nail to receive payment. Seems to me it went a year or so, and the answer kept coming back "we'll get to you when we get to you.". Then the answer for the contractor becomes 'money up front or call someone else'. 1 Link to comment Share on other sites More sharing options...
row_33 Posted August 20, 2019 Share Posted August 20, 2019 oops the DJIA is back again, i guess all the Cassandras last week were wrong again did they put a single penny on a short position as they gloated about Capitalism's death (for the 15,000th time) 1 Link to comment Share on other sites More sharing options...
leh-nerd skin-erd Posted August 20, 2019 Share Posted August 20, 2019 1 hour ago, Koko78 said: Then the answer for the contractor becomes 'money up front or call someone else'. The challenge is for many if the smaller contractors that working for the large developers was where the money is. For many, they wrote off the delays as just a cost of doing business. I have met more than a few who chose to pursue other careers. As for the State, it's a large employer in Albany and the tentacles are everywhere. The specific case referenced was an emergency contamination job out near Amsterdam, and that client was totally dumbfounded by the delay. Fortunately they had the ability to carry the load but many do not. The common refrain is "sue 'em", but for some reason those damn attornies always want their koko beans up front. ? Link to comment Share on other sites More sharing options...
Koko78 Posted August 20, 2019 Share Posted August 20, 2019 5 minutes ago, leh-nerd skin-erd said: ...but for some reason those damn attornies always want their koko beans up front. ? Yeah, imagine that... ? Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 20, 2019 Share Posted August 20, 2019 (edited) so, Trump starting to get in front of the slowing economy...certainly a smart move on his part https://www.washingtonpost.com/politics/2019/08/20/trump-admits-his-trade-war-could-lead-recession-says-i-have-do-it/ Quote He suggested he was doing something his predecessors should have done. “My life would be a lot easier if I hadn’t taken China on. But I like doing it because I have to do it,” he said, maintaining that the stock market could be 10,000 points higher if he hadn’t. So, if we could get Trump to drop the trade crap and the market would go up by 10K, I would retire and join the Trump 2020 campaign and be in the tank for him more than most you chuckleheads on this board? Problem is he is now talking payroll tax cut to stimulate growth, adding to an already ballooning deficit .Should the economy not be able to grow organically and really need this jolt only 19 months after the tax cuts? Or is Trumps only plan to increase government spending to keep GDP growth above 2%, reduce revenues..and screw the future Edited August 20, 2019 by plenzmd1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 20, 2019 Share Posted August 20, 2019 Holy ***** people are brainwashed. You'd think interest rates were at 15%, inflation was riding at 11%, and unemployment was at 10% the way people are waaa waaa waaaa-ing about the economy. 1 Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 20, 2019 Share Posted August 20, 2019 (edited) 3 minutes ago, Buffalo_Gal said: Holy ***** people are brainwashed. You'd think interest rates were at 15%, inflation was riding at 11%, and unemployment was at 10% the way people are waaa waaa waaaa-ing about the economy. it was your boy saying his trade war with China could cause a recession and he was looking at payroll tax cuts to try and ward off a slowing economy...so is Trump brainwashed by his own policies? BTW, that was certainly the horse Trump rode in on when it came to the very good economy he inherited...and all i heard from Trump folks was how awful the economy was goose+gander? Edited August 20, 2019 by plenzmd1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 20, 2019 Share Posted August 20, 2019 7 minutes ago, plenzmd1 said: it was your boy saying his trade war with China could cause a recession and he was looking at payroll tax cuts to try and ward off a slowing economy...so is Trump brainwashed by his own policies? BTW, that was certainly the horse Trump rode in on when it came to the very good economy he inherited...and all i heard from Trump folks was how awful the economy was goose+gander? He inherited a good economy? You know, you may want to tell that to those people that were working two jobs to make up for the FT income they lost when ObamaCare blew 40 hour a week jobs to hell - when they could find a job that is as so many people were out of work and shoved onto welfare. The US/China trade war could cause a recession, and it might not. And the MSM screeching the economy is slowing could cause a recession, and it might not. And a host of other things could cause a recession, or they might not. Honestly? I have no idea how long the US can continue to keep up a decent economy. My guess is the Trump Administration has cut about as many regulations as possible to allow work to proceed in the United States without stupid government regulations interfering (a lot of people attributed that to jobs returning and a healthy economy - simply cutting out all the red tape written up from 2008-2016), and it is a global economy (like it or not) and the global economy blows right now. So, enjoy it while it lasts. Stop running around with your hair on fire. Yes, look for real warning signs to make certain your job is secure, and so are your investments. But stop being a Debbie Downer because the MSM is telling you to be. 1 3 Link to comment Share on other sites More sharing options...
Chef Jim Posted August 20, 2019 Share Posted August 20, 2019 20 minutes ago, plenzmd1 said: it was your boy saying his trade war with China could cause a recession and he was looking at payroll tax cuts to try and ward off a slowing economy...so is Trump brainwashed by his own policies? BTW, that was certainly the horse Trump rode in on when it came to the very good economy he inherited...and all i heard from Trump folks was how awful the economy was goose+gander? The tariffs are a good example of short term pain long term gain. 1 3 Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 20, 2019 Share Posted August 20, 2019 4 minutes ago, Buffalo_Gal said: He inherited a good economy? You know, you may want to tell that to those people that were working two jobs to make up for the FT income they lost when ObamaCare blew 40 hour a week jobs to hell - when they could find a job that is as so many people were out of work and shoved onto welfare. The US/China trade war could cause a recession, and it might not. And the MSM screeching the economy is slowing could cause a recession, and it might not. And a host of other things could cause a recession, or they might not. Honestly? I have no idea how long the US can continue to keep up a decent economy. My guess is the Trump Administration has cut about as many regulations as possible to allow work to proceed in the United States without stupid government regulations interfering (a lot of people attributed that to jobs returning and a healthy economy - simply cutting out all the red tape written up from 2008-2016), and it is a global economy (like it or not) and the global economy blows right now. So, enjoy it while it lasts. Stop running around with your hair on fire. Yes, look for real warning signs to make certain your job is secure, and so are your investments. But stop being a Debbie Downer because the MSM is telling you to be. There is not much that pisses me off, but that does. Stop blindly believing the economy was bad cause Trump told you so ! 1 minute ago, Chef Jim said: The tariffs are a good example of short term pain long term gain. so you not a free trade guy? Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 20, 2019 Share Posted August 20, 2019 Just now, plenzmd1 said: There is not much that pisses me off, but that does. Stop blindly believing the economy was bad cause Trump told you so ! ??? Under Obama? I sorta lived it. Obama and his economy was ***** awful. 1 Link to comment Share on other sites More sharing options...
transplantbillsfan Posted August 20, 2019 Share Posted August 20, 2019 10 minutes ago, Buffalo_Gal said: He inherited a good economy? You know, you may want to tell that to those people that were working two jobs to make up for the FT income they lost when ObamaCare blew 40 hour a week jobs to hell - when they could find a job that is as so many people were out of work and shoved onto welfare. The US/China trade war could cause a recession, and it might not. And the MSM screeching the economy is slowing could cause a recession, and it might not. And a host of other things could cause a recession, or they might not. Honestly? I have no idea how long the US can continue to keep up a decent economy. My guess is the Trump Administration has cut about as many regulations as possible to allow work to proceed in the United States without stupid government regulations interfering (a lot of people attributed that to jobs returning and a healthy economy - simply cutting out all the red tape written up from 2008-2016), and it is a global economy (like it or not) and the global economy blows right now. So, enjoy it while it lasts. Stop running around with your hair on fire. Yes, look for real warning signs to make certain your job is secure, and so are your investments. But stop being a Debbie Downer because the MSM is telling you to be. Yes. Trump inherited a good economy and has been riding the coattails off Obama's economy. Plenty of people still have to work 2 jobs even in the Trump economy, where the wealth gap is growing. And while Obama had to stimulate our economy to pull us out of the Great Recession, Trump stimulated the economy (basically for a year) with an ill-conceived tax cut where the wealthiest reaped the rewards. And now Trump is talking about a payroll tax because the jackass cares more about being reelected than the longterm economic health of this country. The guy is such a moron. We have a moron for a President. Luckily we can/will get him out of office in a year or so. 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 20, 2019 Share Posted August 20, 2019 (edited) 2 minutes ago, transplantbillsfan said: Yes. Trump inherited a good economy and has been riding the coattails off Obama's economy. Plenty of people still have to work 2 jobs even in the Trump economy, where the wealth gap is growing. And while Obama had to stimulate our economy to pull us out of the Great Recession, Trump stimulated the economy (basically for a year) with an ill-conceived tax cut where the wealthiest reaped the rewards. And now Trump is talking about a payroll tax because the jackass cares more about being reelected than the longterm economic health of this country. The guy is such a moron. We have a moron for a President. Luckily we can/will get him out of office in a year or so. The Obama economy ***** sucked. It sucked so bad a record number of people were sitting home on their asses collecting welfare. And you are right, Obama was a ***** moron. Edited August 20, 2019 by Buffalo_Gal 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted August 20, 2019 Share Posted August 20, 2019 9 minutes ago, plenzmd1 said: so you not a free trade guy? Yeah. After we break their ***** legs. I am Italian after all. 3 1 Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 20, 2019 Share Posted August 20, 2019 Just now, Buffalo_Gal said: ??? Under Obama? I sorta lived it. Obama and his economy was ***** awful. I strongly, strongly disagree. Shoe me any meaningful metric that the economy os better under Trump than the last 4 years of Obama. I will give the last 12 months we are finally starting to see some real wage growth, which is fantastic. Outside of that, we had the slight bump in manufacturing due to the tax cuts, but that group is now in technical recession https://www.marketwatch.com/story/us-industrial-production-slumps-in-second-quarter-2019-07-16 GDP Growth, Job Growth, both about the same as under Obama..but take out government spending increases and that disappears. I will give you Trump talked a better game the Obama, and made people feel better, which is a key component. But now that people are starting to understand the tax had little impact on long term growth and the deficit is exploding and business investment has slowed dramatically, i believe it will start to affect consumer confidence and that is the only thing keeping this economy afloat right now..hence the payoll tax cut Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 20, 2019 Share Posted August 20, 2019 Just now, plenzmd1 said: I strongly, strongly disagree. Shoe me any meaningful metric that the economy os better under Trump than the last 4 years of Obama. I will give the last 12 months we are finally starting to see some real wage growth, which is fantastic. Outside of that, we had the slight bump in manufacturing due to the tax cuts, but that group is now in technical recession https://www.marketwatch.com/story/us-industrial-production-slumps-in-second-quarter-2019-07-16 GDP Growth, Job Growth, both about the same as under Obama..but take out government spending increases and that disappears. I will give you Trump talked a better game the Obama, and made people feel better, which is a key component. But now that people are starting to understand the tax had little impact on long term growth and the deficit is exploding and business investment has slowed dramatically, i believe it will start to affect consumer confidence and that is the only thing keeping this economy afloat right now..hence the payoll tax cut Repealing the ObamaCare tax alone was worth something to people (I say this as part of the first group that was ***** over on ObamaCare). I'd love to know real numbers on how many people are now working one 40 hour work week versus two below 32 hours work weeks when ObamaCare came about. What is better? This is just snap. 1 Link to comment Share on other sites More sharing options...
TPS Posted August 20, 2019 Share Posted August 20, 2019 11 hours ago, GG said: Very emblematic too. Spend cash to influence a $50 billion market cap company, and spend no cash to influence a $1 trillion market cap company. Which one has a greater on total wealth creation if there's a 1% jump? That is in essence the difference in thinking that a government can do a better job in dictating the economy over the private sector. No one said "better job." I'm just happy you now agree government does create wealth....? Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted August 20, 2019 Share Posted August 20, 2019 11 minutes ago, TPS said: No one said "better job." I'm just happy you now agree government does create wealth....? You’ve never made this argument compelling. Governments create conditions, through force of law, which either fosters an environment conducive to business, or it does not. You’re arguing that babies come from the mattress factory. 1 Link to comment Share on other sites More sharing options...
transplantbillsfan Posted August 21, 2019 Share Posted August 21, 2019 44 minutes ago, Buffalo_Gal said: The Obama economy ***** sucked. It sucked so bad a record number of people were sitting home on their asses collecting welfare. And you are right, Obama was a ***** moron. You living in 2015? "We have a moron for a President." There wasn't even the opportunity to rhetorically play around with that in the context of what I said. You're better than that. The Obama Administration literally stopped a speeding freighttrain going the wrong direction in the form of our economy thanks to previous administrations in his first term and did so in 10 months, after which point we haven't seen a single month of job losses. Here, might be easier visually for you to see that Trump is really just a continuation of Obama Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 21, 2019 Share Posted August 21, 2019 1 minute ago, transplantbillsfan said: You living in 2015? "We have a moron for a President." There wasn't even the opportunity to rhetorically play around with that in the context of what I said. You're better than that. The Obama Administration literally stopped a speeding freighttrain going the wrong direction in the form of our economy thanks to previous administrations in his first term and did so in 10 months, after which point we haven't seen a single month of job losses. Here, might be easier visually for you to see that Trump is really just a continuation of Obama Ummm your thnk those graphs help your contention that the Obama economy was good? Link to comment Share on other sites More sharing options...
transplantbillsfan Posted August 21, 2019 Share Posted August 21, 2019 (edited) 13 minutes ago, Buffalo_Gal said: Ummm your thnk those graphs help your contention that the Obama economy was good? Good is relative. Do you think Trump's economy is good? This is more that Trump has Obama to thank for an economy that had been trending in the right direction for a substantial period of time--like more than 6 years--before Trump took office and started bragging the economy has only been good for the last 2 1/2 years. What a dumbass. EDIT: I'm calling Trump a dumbass, not you... just to clarify Edited August 21, 2019 by transplantbillsfan Link to comment Share on other sites More sharing options...
TPS Posted August 21, 2019 Share Posted August 21, 2019 2 hours ago, TakeYouToTasker said: You’ve never made this argument compelling. Governments create conditions, through force of law, which either fosters an environment conducive to business, or it does not. You’re arguing that babies come from the mattress factory. It's not compelling for people who think the government must borrow before it can spend. Governments that control and issue their own currency stimulate greater wealth creation by the private sector when they spend more than they tax in any given year (aka deficit spending). Link to comment Share on other sites More sharing options...
Recommended Posts