The First 100 days

This is pretty good if you have a little time. I dont know if this is the right thread since she covers several different topics, but most are Trump-related. It's interesting - IMO worth the time investment

 
mchammer said:
... Trump was nice to Pelosi when he was inaugurated. Pelosi was the one who started attacking Trump.
Click to expand...

There is so much human feces on the streets of Pelosi's district that the city had to create a "Poop Patrol" that costs taxpayers $71,000 per year per human pooper scooper to clean it up.

 
Fed lowering rate is going to continue the DJIA bubble. Powell is talking about lowering it again. It is like a drug addiction. The solution is painful, and the longer you wait the more painful it is going to be. But it feels so, so good to keep take another hit. Just one more until you never wake up.
 
Best WAPO headline in a decade?

EICvBcxWkAAxdax.jpg
 
Where is the inflation we were promised?
We were told Americans would be paying for for the tarifs through inflation. Where are those posters and their promises now?

My 2 cents worth on this -- In theory, tariffs are supposed to drive up prices on the targeted products. However China (and the EU too for that matter) has been devaluing its currency as an offset to the tariffs.
The result is lowered prices. And that means on everything, not just the targeted items.

Furthemore, while Main Street has been doing better, Wall Street not as much. One thing that would help WS would be to get the USMCA through the House. This would help unclog WS flow of funds. The problem is that Pelosi knows this. She doesnt want the WS side of the econ to get rolling. So she is trying to tank ratification of the USMCA using ideas like bogus labor excuses (which are, if course, supported by the political bosses of the Unions).

It's a weird world we live in at the moment.

 
Last edited:
Third Quarter GDP +1.9%
Main Street Consumer Spending Way Up
Goods: +$64B
Services +$36B
Disposable Income +4.5%

 
Joe Fan said:
The 3Q was +1.9%, is that what you mean ?
Click to expand...
Yes. SH posted a Trump tweet from 2012 where he said the GDP was AT 1.9% and the economy was in trouble. Apparently he misunderstood you post and put up that old tweet I guess in an effort to make Trump look like a hypocrite.
 
Where is the inflation we were promised?
We were told Americans would be paying for for the tarifs through inflation. Where are those posters and their promises now?

My 2 cents worth on this -- In theory, tariffs are supposed to drive up prices on the targeted products. However China (and the EU too for that matter) has been devaluing its currency as an offset to the tariffs.
The result is lowered prices. And that means on everything, not just the targeted items.
Click to expand...

Good to hear. But I have also heard of reductions in production due to higher commodity prices from China. China is always devaluing their currency, so I can buy the explanation. But like I said some industries are reporting head winds.

And Powell will never a rise in inflation, because the CPI is modified to hide it. So I don't really trust him either. The Fed Rate is still super low at 2%.
 
Here is another hint. Declining economy and declining business investment means it isn't going to be improving soon. Investment today is growth tomorrow. No investment. No growth.
 
horninchicago said:
make Trump look like a hypocrite.
Click to expand...

The tweet clearly shows Trump IS a hypocrite. Had I the inclination and time I'm certain JoeFan would be proven to be a hypocrite based on his posts on the economy during the prior administration. Remember when 4% was a promise by JoeFan? Pepperidge Farm remembers.
 
Seattle Husker said:
The tweet clearly shows Trump IS a hypocrite. Had I the inclination and time I'm certain JoeFan would be proven to be a hypocrite based on his posts on the economy during the prior administration. Remember when 4% was a promise by JoeFan? Pepperidge Farm remembers.
Click to expand...

Not all 1.9% growth is the same, especially considering that Trump doesn't have the near zero interest from the Feds like Obama had. However, if you want to talk about hypocrisy I'll gladly mention how you yell "whataboutism" at others then do it yourself at every opportunity.
 
Last edited:
Garmel said:
Not all 1.9% growth is the same, especially considering that Trump doesn't have the near zero interest from the Feds like Obama had. However, if you want to talk about hypocrisy I'll gladly mention how you yell "whataboutism" at others then do it yourself at every opportunity.
Click to expand...

Do you realize how funny it is that you attack "whataboutism" WITH whataboutism every time? It's circular logic, like most of your arguments.
 
Just to be clear Garmel, 1.9% growth now isn't good. Lower Fed rates only prolong the drug addict economy.

Better to go cold turkey, economy finds real level, and grows from there. The problem is we don't know where the real level is as long as Fed manipulates money supply.

Trump can't let that happen in 2020 though. January 2021. Let the Fed rate go up to a historically normal level. 5%? Still low, but not the near nothing of the last 10 years. Then we can see what a real recovery looks like.
 
You must log in or register to reply here.

Weekly Prediction Contest

* Predict HORNS-AGGIES *
Sat, Nov 30 • 6:30 PM on ABC

Recent Threads

Prediction Results Threads

2024 Schedules

Back
Top