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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Coach is Back! on September 07, 2018, 04:32:47 PM
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https://www.cnbc.com/2018/09/07/how-trump-has-set-economic-growth-on-fire.html
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hey phony "coach"
any chance you read past the headline?
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https://www.cnbc.com/2018/09/07/how-trump-has-set-economic-growth-on-fire.html
During his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3 percent-plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.
Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.
His critics, a group that includes a legion of Wall Street economists, most Democrats and even some in his own Republican Party, don't believe it will last. They figure the current boom will begin petering out as soon as mid-2019 and possibly end in recession in 2020.
But even they acknowledge that the current numbers are a uniquely Trumpian achievement and not owed to policies already set in motion when he took office.
How can this be true coach?
I've read multiple times on this forum that he just inherited Obama's economy.
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hey phony "coach"
any chance you read past the headline?
Yeah, about 3 times
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How can this be true coach?
I've read multiple times on this forum that he just inherited Obama's economy.
But "straw man" and "agnostic007" on getbig say Trump is just riding obamas economy. :'( :'(
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But "straw man" and "agnostic007" on getbig say Trump is just riding obamas economy. :'( :'(
And Trumptard said all the numbers were fake until the day he took office
Don't worry, when Trump's budget deficit next year is over A TRILLION he'll find a way to blame that on Obama
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And Trumptard said all the numbers were fake until the day he took office
Don't worry, when Trump's budget deficit next year is over A TRILLION he'll find a way to blame that on Obama
So...economy going good while Trump is president = obama
Economy taking a shit while Trump is president = Trump
Got it, hyprocrite. ::)
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So...economy going good while Trump is president = obama
Economy taking a shit while Trump is president = Trump
Got it, hyprocrite. ::)
wrong again dipshit
Obama owns his economy - including the recovery from a major recession and Trump inherited the very good economy and so far hasn't fucked it up
Tax Reform helped corporate profits but so far hasn't done jack shit for wages
Loosening of regulations is still an unknown. Can't tell what it's done to help the economy and/or what it's done to hurt worker rights, the environment ,etc.. Time will tell
It's very likely the total tax revenue will be down for the year which of course means we'll have to borrower more money to pay for the tax cut we gave to the richest corporations in the history of the human race
I suppose we can make up for the shortfall by not giving federal workers their measly 2% raise. That should about cover it...right?
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wrong again dipshit
Obama owns his economy - including the recovery from a major recession and Trump inherited the very good economy and so far hasn't fucked it up
Tax Reform helped corporate profits but so far hasn't done jack shit for wages
From the article:
Friday brought another round of good news: Nonfarm payrolls rose by a better-than-expected 201,000 and wages, the last missing piece of the economic recovery, increased by 2.9 percent year over year to the highest level since April 2009. That made it the best gain since the recession ended in June 2009.
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From the article:
(https://www.technologizer.com/wp-content/uploads/2009/12/doh.jpg)
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One of the things we need to worry about while the economy is good, is raising wages and prices of materials etc. too fast. We’ve already seen building materials for housing increase 7% and for now it’s been able to be passed on to the buyer, but if we keep it up, it means we’ve learned nothing from 2008. Pigs get fat, hogs get slaughtered. :-\
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One of the things we need to worry about while the economy is good, is raising wages and prices of materials etc. too fast. We’ve already seen building materials for housing increase 7% and for now it’s been able to be passed on to the buyer, but if we keep it up, it means we’ve learned nothing from 2008. Pigs get fat, hogs get slaughtered. :-\
Here's what kills me....7%, but prices went up 15%. That's some bullshit that some of these large corporations making billions in profits can't suck up a 7% increase in material costs. ::) Materials are cheap, even up 7%
wrong again dipshit
Dammit :(
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wrong again dipshit
Obama owns his economy - including the recovery from a major recession and Trump inherited the very good economy and so far hasn't fucked it up
Tax Reform helped corporate profits but so far hasn't done jack shit for wages
Loosening of regulations is still an unknown. Can't tell what it's done to help the economy and/or what it's done to hurt worker rights, the environment ,etc.. Time will tell
It's very likely the total tax revenue will be down for the year which of course means we'll have to borrower more money to pay for the tax cut we gave to the richest corporations in the history of the human race
I suppose we can make up for the shortfall by not giving federal workers their measly 2% raise. That should about cover it...right?
You just proved yourself economically inept with this.
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wrong again dipshit
Obama owns his economy - including the recovery from a major recession and Trump inherited the very good economy and so far hasn't fucked it up
Tax Reform helped corporate profits but so far hasn't done jack shit for wages
Loosening of regulations is still an unknown. Can't tell what it's done to help the economy and/or what it's done to hurt worker rights, the environment ,etc.. Time will tell
It's very likely the total tax revenue will be down for the year which of course means we'll have to borrower more money to pay for the tax cut we gave to the richest corporations in the history of the human race
I suppose we can make up for the shortfall by not giving federal workers their measly 2% raise. That should about cover it...right?
Here, let me rub some salt in your womb
https://www.thegatewaypundit.com/2018/09/a-comparison-of-two-presidents-president-trump-versus-president-obama-their-first-600-days/
https://www.google.com/amp/s/www.marketwatch.com/amp/story/guid/92198BD0-4939-41EE-B398-6C1B5526FB17
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Here, let me rub some salt in your womb
LMAO ;D
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Here, let me rub some salt in your womb
Dude, for fuck's sake. How horrible can your English get? Shit, the illegal immigrants hanging out by my local Home Depot are better able to communicate their ideas in English, and they're basically monosyllabic.
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Dude, for fuck's sake. How horrible can your English get? Shit, the illegal immigrants hanging out by my local Home Depot are better able to communicate their ideas in English, and they're basically monosyllabic.
::)
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Dude, for fuck's sake. How horrible can your English get? Shit, the illegal immigrants hanging out by my local Home Depot are better able to communicate their ideas in English, and they're basically monosyllabic.
Maybe he was insinuating he has a vajayjay. Don't go frothing at the mouth over it.
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Maybe he was insinuating he has a vajayjay. Don't go frothing at the mouth over it.
X2 It was pretty funny. Even funnier if he meant "wound" ;D
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X2 It was pretty funny. Even funnier if he meant "wound" ;D
Either way, straw hasn't returned to support his wages claim after the article said the opposite.
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Either way, straw hasn't returned to support his wages claim after the article said the opposite.
You're kinda new in the politic area here, let me explain, whenever straw is proven wrong, he blatantly ignores the facts and keeps posting like he never saw it or he drops the subject and finds something new to whine about. :)
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You're kinda new in the politic area here, let me explain, whenever coach and I are proven wrong, we blatantly ignore the facts and keep posting like we never saw it or we drop the subject and finds something new to whine about. :)
Hope this helps.
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From the article:
I guess you missed this part of the same article
There also are some pockets of the economy that remain mired in slowness, most notably wage gains. Average hourly earnings have risen just 4.1 percent since January 2017 when Trump took office, barely keeping pace with inflation. (Still, during the same period wages rose just 3 percent under Obama.)
I assume I don't need to explain to you that wages increasing the same amount as inflation is basically ZERO gain when it comes to purchasing power.
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Either way, straw hasn't returned to support his wages claim after the article said the opposite.
I've barely been online this weekend (worked out both Saturday and Sunday and it's a beautiful day in the bay area)
just responded to your post
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I guess you missed this part of the same article
I assume I don't need to explain to you that wages increasing the same amount as inflation is basically ZERO gain when it comes to purchasing power.
NO. On the contrary you definitely do need to explain to him.
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Hope this helps.
Yes, it exposes your delusion. :)
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NO. On the contrary you definitely do need to explain to him.
Oh no, please explain it. Strawman as well. I want to hear this.
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Kevin Hassett - Chair Council of Economic Advisors just debunked, in detail, the lefts take on the economy while completely bitch slapping the MSM questions.
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Kevin Hassett - Chair Council of Economic Advisors just debunked, in detail, the lefts take on the economy while completely bitch slapping the MSM questions.
Can you, perhaps, summarize his argument for us and explain how it “completely bitch slaps” the questions?
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Can you, perhaps, summarize his argument for us and explain how it “completely bitch slaps” the questions?
I'll save you the time. No, he cannot.
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Can you, perhaps, summarize his argument for us and explain how it “completely bitch slaps” the questions?
https://www.whitehouse.gov/wp-content/uploads/2018/09/Press-Briefing-9.10.18-CEA_Final.pdf
I’m at work and when the presser video is up, I’ll post it. But you seem like a smart guy. I can’t get anyone to answer this so maybe you can. How can obama take credit for this economy seeing his economic policies failed.
Btw, that chart reinforces what I’ve been saying for months
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X2 It was pretty funny. Even funnier if he meant "wound" ;D
Spell check/auto-fill is the enemy!
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But you seem like a smart guy.
Well golly!
I can’t get anyone to answer this so maybe you can. How can obama take credit for this economy seeing his economic policies failed.
Well, I’m no economist and don’t feel qualified to evaluate Obama’s economic policies in any but the most superficial ways—something which we share—but I am philosophically opposed to most of the economic principles that are at the core of the Democrats’ policies.
I don’t think Obama is justified in claiming full credit. But, then, again, I don’t think Trump is able to claim full credit yet. The economy is a complex beast, and doesn’t respond that fast to policy decisions.
I doubt we’ll be able to assess Trump’s impact on the economy until the next year or so.
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Well golly!
Well, I’m no economist and don’t feel qualified to evaluate Obama’s economic policies in any but the most superficial ways—something which we share—but I am philosophically opposed to most of the economic principles that are at the core of the Democrats’ policies.
I don’t think Obama is justified in claiming full credit. But, then, again, I don’t think Trump is able to claim full credit yet. The economy is a complex beast, and doesn’t respond that fast to policy decisions.
I doubt we’ll be able to assess Trump’s impact on the economy until the next year or so.
Fair enough
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But "straw man" and "agnostic007" on getbig say Trump is just riding obamas economy. :'( :'(
He is, but hey you Trump morons don't believe in facts.
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He is, but hey you Trump morons don't believe in facts.
You haven’t shown us ONE fact to counter the argument
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Agnostic, can you answer the question?
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X2 It was pretty funny. Even funnier if he meant "wound" ;D
No, I actually meant “womb”
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You haven’t shown us ONE fact to counter the argument
During Obama's presidency:
*The economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm.
*Average weekly earnings for all workers were up 4.0 percent after inflation. The gain was 3.7 percent for just production and nonsupervisory employees.
*After-tax corporate profits also set records, as did stock prices. The S&P 500 index rose 166 percent.
*The number of people lacking health insurance dropped by 15 million. Premiums rose, but more slowly than before.
*The federal debt owed to the public rose 128 percent. Deficits were rising as Obama departed.
*Home prices rose 20 percent. But the home ownership rate hit the lowest point in half a century.
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During Obama's presidency:
*The economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm.
*Average weekly earnings for all workers were up 4.0 percent after inflation. The gain was 3.7 percent for just production and nonsupervisory employees.
*After-tax corporate profits also set records, as did stock prices. The S&P 500 index rose 166 percent.
*The number of people lacking health insurance dropped by 15 million. Premiums rose, but more slowly than before.
*The federal debt owed to the public rose 128 percent. Deficits were rising as Obama departed.
*Home prices rose 20 percent. But the home ownership rate hit the lowest point in half a century.
Excellent source, would read again, love fiction!
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did straw man's womb ever recover ?
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did straw man's womb ever recover ?
Still sandy
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Excellent source, would read again, love fiction!
When you read it the first time, did you notice that it's not all good news?
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When you read it the first time, did you notice that it's not all good news?
I noticed it wasn't sourced and probably half truths.
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*The economy gained a net 11.6 million jobs. The unemployment rate dropped to below the historical norm.
all under new jobs number calculations so historical norms do not apply going past 15 years or so
*Average weekly earnings for all workers were up 4.0 percent after inflation. The gain was 3.7 percent for just production and nonsupervisory employees.
they just didn't count real inflation
*After-tax corporate profits also set records, as did stock prices. The S&P 500 index rose 166 percent.
again, was in the basement and bailout city
*The number of people lacking health insurance dropped by 15 million. Premiums rose, but more slowly than before.
that's an understatement!
*Home prices rose 20 percent. But the home ownership rate hit the lowest point in half a century.
they were down 40-50% to start with
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I noticed it wasn't sourced and probably half truths.
As long as it wasn't sourced from Breitbart, Drudge or that ilk, you'd be all clever and say "stopped reading at................"
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As long as
Stopped reading here
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Stopped reading here
You little rascal, you.