Political Forums  

Go Back   Political Forums > Economy

We appreciate your help

in keeping this site going.
Reply
 
Thread Tools Display Modes
  #451  
Old 06-22-2018, 09:15 AM
whell's Avatar
whell whell is offline
Senior Member
 
Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
Quote:
Originally Posted by finnbow View Post
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.
Nice attempt at deflection. Swing and a miss....
Reply With Quote
  #452  
Old 06-22-2018, 10:07 AM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
Quote:
Originally Posted by whell View Post
Looks pretty good to me:

http://www.macrotrends.net/1358/dow-...-last-10-years

If you're all about measuring stock market performance in a limited window, you're screwed from the get go.
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.
__________________
"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.
Reply With Quote
  #453  
Old 06-22-2018, 10:12 AM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,857
Quote:
Originally Posted by whell View Post
Nice attempt at deflection. Swing and a miss....
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.
__________________
As long as the roots are not severed, all will be well in the garden.
Reply With Quote
  #454  
Old 06-22-2018, 10:59 AM
Rajoo's Avatar
Rajoo Rajoo is offline
Senior Member
 
Join Date: Mar 2013
Location: Sierras
Posts: 14,151
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.
__________________
White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
Reply With Quote
  #455  
Old 06-29-2018, 02:20 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
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
Reply With Quote
  #456  
Old 06-29-2018, 03:50 PM
nailer's Avatar
nailer nailer is offline
Rational Anarchist
 
Join Date: Jul 2014
Location: DFW
Posts: 7,315
It's helping the economic growth of the wealthy.
__________________
"We have met the enemy and he is us."
Reply With Quote
  #457  
Old 06-29-2018, 04:10 PM
bobabode's Avatar
bobabode bobabode is offline
Admin
 
Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,188
Quote:
Originally Posted by nailer View Post
It's helping the economic growth of the wealthy.
Thanks Captain Obvious.
__________________
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
Reply With Quote
  #458  
Old 07-05-2018, 04:14 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
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
Reply With Quote
  #459  
Old 07-13-2018, 01:02 AM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
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
Reply With Quote
  #460  
Old 07-13-2018, 12:27 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
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.”
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.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 06:40 AM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.