The Trump Economy

[Unforgiven]

1 hour ago, 3rdnlng said:

Seems like you may want to up your reading comprehension skills. Mueller investigation was a hoax since Mueller knew there was no conspiracy before he took the job. Ukrainian impeachment was a hoax since it was readily apparent the day after Nancy Pelosi called for impeachment. Now there are several mini hoaxes having to do with the response to the coronavirus. 

Yes well the 'hop aboard and hate America platform' isn't all that great for everyone.

 

[Trump_is_Mentally_fit]

1 hour ago, billsfan89 said:

 

I think you aren't obviously going to recoup the trillions in stimulus spending that is going to take to get the economies of nations impacted back from the edge of depression. However China should be writing off hundreds of billions in debt they bought throughout the years from various nations impacted. That would be a start. How you collect on that? I would say a good place to start would be economic pressure. 

Trump was also slow to act, downplayed the danger, contradicted the experts, tried cutting funding to CDC, disbanded the pandemic control board, should he be sanctioned? Seriously. 

 

The Chinese dictator sure screwed up, but where they the only ones that discounted the science? 

[B-Man]

1 hour ago, Tiberius said:

Trump was also slow to act, False - repeatedly spun that way by the Left

 

downplayed the danger, Untrue - absolutely , cherry picked partial quotes of reassurance don't count.

 

contradicted the experts, Never

 

tried cutting funding to CDC, Proposed slowing the annual increases, was not passed

 

disbanded the pandemic control board, Proven false time and again, repeated because libs are liars

 

should he be sanctioned? Seriously. 

 

 

 

 

I know ?thrives on his (negative) attention,

 

but he appears to be out of ammunition ( especially now that multiple democrat/media figures have come out and praised President Trump's actions)

 

he repeats and repeats ................reminds me of his Russia folly.

 

 

 

 

.

[bbb]

7 hours ago, ALF said:

I'm not a Trump supporter but no way do I blame him for this disaster for the economy,  it's a black swan event.

 

I have a friend who voted for Trump who now hates him.  We were all texting last night about the Bills moves and I said he should get his season ticket again.  After 34 years he dropped his last year.............He said he doesn't have the money because of President Dow.

 

How can anybody blame Trump for this economy.  I checked the Euro market today and it's worse than the Dow. 

 

I'm at a loss. 

[Doc Brown]

3 hours ago, bbb said:

 

I have a friend who voted for Trump who now hates him.  We were all texting last night about the Bills moves and I said he should get his season ticket again.  After 34 years he dropped his last year.............He said he doesn't have the money because of President Dow.

 

How can anybody blame Trump for this economy.  I checked the Euro market today and it's worse than the Dow. 

 

I'm at a loss. 

It's not his fault but when the guy brags about the economy incessantly four three and a half years ia going to have to expect some backlash.  Presidents in general always get too much credit or blame for the economy.

Edited March 19, 2020 by Doc Brown

[SoCal Deek]

8 hours ago, Doc Brown said:

It's not his fault but when the guy brags about the economy incessantly four three and a half years ia going to have to expect some backlash.  Presidents in general always get too much credit or blame for the economy.

The President and his administration made many purposeful moves to assist the Market as it climbed over the last three years. They were indeed involved. On the other hand, I’ve not heard a single person suggest one thing he, or anyone else could do to stabilize the Market’s fall in the last three weeks in the face of an unprecedented worldwide health crisis. Let’s not just do crazy talk here. With that said, this crisis will pass and the Market will rebound just as it always does.

[Chef Jim]

15 hours ago, 3rdnlng said:

There are many ways for them to pay. Losing a good share of their manufacturing base may be enough to teach them a lesson. 

Move a vast majority of our manufacturing to Mexico would be a wonderful thing. 
 

Hecho en Mexico will be the new Made in China. Mexico will become so strong THEY’ll need a wall!  

[Trump_is_Mentally_fit]

Lets not forget that the corrupt oil governments are part of the problem here. Destabilizing the market. The green new deal is the answer to those brutal regimes 

[3rdnlng]

16 minutes ago, Tiberius said:

Lets not forget that the corrupt oil governments are part of the problem here. Destabilizing the market. The green new deal is the answer to those brutal regimes 

You have a unique ability to make statements that are wrong in a multitude of ways. The Green New Deal is on par with:

 

[SoCal Deek]

35 minutes ago, Tiberius said:

Lets not forget that the corrupt oil governments are part of the problem here. Destabilizing the market. The green new deal is the answer to those brutal regimes 

Stop the nonsense. There’s nothing stopping this country from moving towards a more sustainable future other than the limits of our own ingenuity. If on the other hand you think the population should be forced by a central government to pay double or triple for something they already know they can get for less cost, you’re dreaming! Nobody will consider that a ‘deal’. 

[Trump_is_Mentally_fit]

Senator Jim Inhofe calling on a big Tariff on foreign oil, claiming Russians and Saudis are attacking us. National security issue, duh. 

 

Well, yes 

42 minutes ago, SoCal Deek said:

Stop the nonsense. There’s nothing stopping this country from moving towards a more sustainable future other than the limits of our own ingenuity. If on the other hand you think the population should be forced by a central government to pay double or triple for something they already know they can get for less cost, you’re dreaming! Nobody will consider that a ‘deal’. 

Green energy will be cheaper and more reliable, and we won’t have to spend money defending the royal family in Saudi Arabia

[Foxx]

the DOW has now reached the point where it was prior to Trumps coronation, Dec. '16 @ 19,935.

[RochesterRob]

8 minutes ago, Tiberius said:

Senator Jim Inhofe calling on a big Tariff on foreign oil, claiming Russians and Saudis are attacking us. National security issue, duh. 

 

Well, yes 

Green energy will be cheaper and more reliable, and we won’t have to spend money defending the royal family in Saudi Arabia

  Deek's point was get to work on green energy as entrepreneurs then watch the money flow to it versus arbitrary edicts by a clueless central government.

[Trump_is_Mentally_fit]

3 minutes ago, Foxx said:

the DOW has now reached the point where it was prior to Trumps coronation, Dec. '16 @ 19,935.

Obama says hello! 

Just now, RochesterRob said:

  Deek's point was get to work on green energy as entrepreneurs then watch the money flow to it versus arbitrary edicts by a clueless central government.

And my point is that we accelerate our drive to energy independence. You guys want us under the influence of the Saudi Royals and bloody hands Vlad, no thanks! 

[Buffalo_Gal]

A $20 tariff on a barrel of oil will stop the economic slide coming in Texas, LA, etc. 

I'm waiting for Russia to start selling off their gold reserves. ?


 

[Foxx]

big if it goes through.

Pakistan, China and Russia decide to conduct trade in local currencies skip dollars

The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dollars.

 

As per details, a road map will be finalized and signed at SCO's Finance Ministers' meeting in Moscow on March 18th. ...

[Buffalo_Gal]

1 minute ago, Foxx said:

big if it goes through.

Pakistan, China and Russia decide to conduct trade in local currencies skip dollars

The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dollars.

 

As per details, a road map will be finalized and signed at SCO's Finance Ministers' meeting in Moscow on March 18th. ...

They've wanted to do it for a long time. The dollar is skyrocketing and is too expensive for them.
 

[RochesterRob]

1 minute ago, Foxx said:

big if it goes through.

Pakistan, China and Russia decide to conduct trade in local currencies skip dollars

The eight-member countries of the Shanghai Cooperation Organization (SCO), including China, Russia, and Pakistan, have made the principle decision to conduct bilateral trade and investment and issue bonds in local and national currencies instead of US dollars.

 

As per details, a road map will be finalized and signed at SCO's Finance Ministers' meeting in Moscow on March 18th. ...

  ..And the masks slip off.....

[3rdnlng]

22 minutes ago, SoCal Deek said:

Stop the nonsense. There’s nothing stopping this country from moving towards a more sustainable future other than the limits of our own ingenuity. If on the other hand you think the population should be forced by a central government to pay double or triple for something they already know they can get for less cost, you’re dreaming! Nobody will consider that a ‘deal’. 

The pea brains of this world such as Tiberius and his ilk live off of "feelz" with no consideration of reality. If we instituted 1/2 of that Green New Deal farce we would be on a path to deliberately turning our country into 3rd world status. Simply put, we as a country cut back our carbon emissions by 20% with our conversion to more use of natural gas. This could only be done by fracking, horizontal drilling and constructing pipelines. We've become energy independent and no longer reliant upon other countries (specifically in the M.E.) for our energy. Our status as the largest producer in the world of oil and gas allows us to dictate policy to countries, namely Russia, and keep their nonsense in check. As we speak, Russia is trying to damage our energy business by cutting off their own nose. Sure, they can hurt our shale oil industry but only on a temporary basis. Without energy reserves and nuclear weapons Russia would be one of those 3rd world countries. Gas and oil is their only real income. They have no manufacturing base. Today oil is around $20 a barrel. Our producers need it to be at around $40 a barrel in order to turn a profit. As I recall it's been running in the $45-$70 range for some time now. The low oil prices are the result of Russia not agreeing with OPEC to reduce production during the economic downturn caused by the coronavirus. Simply put, the USA is in the catbird seat over the long haul. We've got the oil & gas reserves and they are by no means our only income. They have only oil & gas and just caused its price to be lowered by more than 50%.   

[RochesterRob]

18 minutes ago, Tiberius said:

Obama says hello! 

And my point is that we accelerate our drive to energy independence. You guys want us under the influence of the Saudi Royals and bloody hands Vlad, no thanks! 

  And we can see that chaos and panic have taken hold at the Soros think tank.