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06-22-2018, 09:15 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by finnbow
You're the idjit who screamed to the heavens for every little anecdote that seemed to reflect well on your Lying Dotard (e.g., the Carrier deal) until it didn't.
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Nice attempt at deflection. Swing and a miss....
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06-22-2018, 10:07 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,330
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Quote:
Originally Posted by whell
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Um, a ten year window. Thanks for showing the great rise during eight of those years under Obama, dimwit. You must be so proud of his great economic recovery!
You’re deflecting though. Your Orange master used to tweet incessantly about the Dow when it was rising, or has your pea brain forgotten already? Not a peep about the Dow lately. You are such a sycophantic fool, you refuse to see anything wrong with Donny’s sick behavior.
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Last edited by Chicks; 06-22-2018 at 01:07 PM.
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06-22-2018, 10:12 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,894
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Quote:
Originally Posted by whell
Nice attempt at deflection. Swing and a miss....
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Nope. I'm just pointing out the constant pattern of you touting short term economic indicators that appear to favor Trump, but eschew any discussion that shows that it is an extension of the long-term Obama legacy, represents an unsustainable economic practice, or some other disingenuous nonsense.
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As long as the roots are not severed, all will be well in the garden.
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06-22-2018, 10:59 AM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 14,190
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The only achievement of the Trump administration with the partisan help of GOP congress is to pass the massive tax cuts which is unsustainable. From what I can see, no one is touting this as an achievement for the upcoming elections. All I hear is continuing the Trump agenda and those parroting this do not know or care what that is other than kissing the Dotard's ass. Even the bromance with Lil Kim will be seen as a colossal blunder. The picture of Trump with his hand extended to Kim with alternating US flag and NKorean flag will not be a good picture for American veterans.
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White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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06-29-2018, 02:20 PM
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Senior Member
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Join Date: Mar 2017
Posts: 13,330
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The tax cut has done nothing for economic growth
By Jennifer Rubin
June 28, 2018 at 2:30 PM
https://www.washingtonpost.com/ampht...onomic-growth/
Republicans insisted that the tax cut would not expand the debt and would spark an economic boom. Neither of these things happened.
We already knew from the Congressional Budget Office’s recent report that the debt has swelled. Now we know that growth in the first quarter of 2018 was tepid. The Wall Street Journal reports:
Economic growth was slower at the beginning of this year than the government previously reported, as consumers pulled back spending and the housing market weighed down output.
Gross domestic product, a broad measure of the goods and services produced across the U.S., expanded at a seasonally and inflation-adjusted annual rate of 2% in the first quarter, the Commerce Department reported Thursday. That was weaker than an earlier estimate of 2.2% growth.
Republicans will assure us that next quarter, by gosh, we’ll see an economic explosion. But here is the rub: The cause of the lagging growth was consumer spending. As President Trump’s tariff war hits the price of consumer goods, consumers are unlikely to be buying more; they will buy less because goods will be more expensive.
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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06-29-2018, 03:50 PM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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It's helping the economic growth of the wealthy.
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"We have met the enemy and he is us."
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06-29-2018, 04:10 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,207
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Quote:
Originally Posted by nailer
It's helping the economic growth of the wealthy.
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Thanks Captain Obvious.
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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07-05-2018, 04:14 PM
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Senior Member
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Join Date: Mar 2017
Posts: 13,330
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Brace for a lost decade for U.S. stocks, warn Morningstar strategists
More evidence that Obama’s great economy is over. It’s Donny’s economy now, and it’s a disaster in the making.
https://www.marketwatch.com/story/br...sts-2018-07-05
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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07-13-2018, 01:02 AM
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Senior Member
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Join Date: Mar 2017
Posts: 13,330
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U.S. Budget Deficit Jumps in First Nine Months of Fiscal Year
Of course it did. Voodoo economics will never work, no matter how hard Whell tries to convince himself that it does.
https://finance.yahoo.com/news/u-bud...180016123.html
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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07-13-2018, 12:27 PM
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Senior Member
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Join Date: Mar 2017
Posts: 13,330
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The Trump tax cuts still aren't helping regular folks
https://finance.yahoo.com/news/trump...152707820.html
Quote:
Seven months after they went into effect, the Trump tax cuts are sharply boosting corporate earnings.
Ordinary Americans are still waiting.
A quarterly wage index administered by Payscale, the compensation-analytics firm, found that income actually fell by 0.9% from the first quarter to the second quarter of this year. The Trump tax cuts went into effect on Jan. 1 of this year, and on their own should have increased take-home pay for about 65% of households, according to the Tax Policy Center.
But that’s not what workers are reporting in the Payscale survey, which solicits information from 300,000 workers each month. “I’d like to say it’s an anomaly, but I’m concerned it’s not,” Payscale chief economist Katie Bardaro tells Yahoo Finance. “So far, there hasn’t been any bolstering of paychecks for the typical worker.”
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Gee, what a surprise! I'm SHOCKED that Whell got this so wrong.
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Last edited by Chicks; 07-13-2018 at 12:30 PM.
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