swamp
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Post by swamp on Apr 8, 2019 9:47:35 GMT -5
"It's the economy stupid
The Dow was 18233 on Nov 8, 2016. And it's 26,297 today.
And unemployment, GDP, jobs returning ti US, yada, are all breaking records.
Kinda hard to call that 'failure'. As for Trump's so-called 'failed promises' on social issues - they were mostly caused by Dem Obstructionism in Congress.
How do the dems obstruct when the republicans were a majority in both houses?
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happyhoix
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Post by happyhoix on Apr 8, 2019 10:35:53 GMT -5
"It's the economy stupid
The Dow was 18233 on Nov 8, 2016. And it's 26,297 today.
And unemployment, GDP, jobs returning ti US, yada, are all breaking records.
Kinda hard to call that 'failure'. As for Trump's so-called 'failed promises' on social issues - they were mostly caused by Dem Obstructionism in Congress.
Regarding your first point- are you being intentionally obtuse? Everyone posting has agreed the economy is on his side, at least right now. It is not a failure. If you are responding specifically to my point about it leaving people behind, well, it is. Not necessarily trump's fault, but it is true. It makes sense for Dems to try to turn people out. Regarding your final point, I really don't get it. What great promises on social issues has he tried to keep that the Democrats obstructed? I read a somewhere this weekend that 4 out of 5 people born in 1950 grew up to earn more than their parents, but for kids born in 1980, it's just 1 out of every 3 kids born who do.
It's been a downward slide for the middle/lower class.
I'll have to try to remember where I read that statistic and quote it. It was eye opening.
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djAdvocate
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Post by djAdvocate on Apr 8, 2019 10:44:15 GMT -5
Regarding your first point- are you being intentionally obtuse? Everyone posting has agreed the economy is on his side, at least right now. It is not a failure. If you are responding specifically to my point about it leaving people behind, well, it is. Not necessarily trump's fault, but it is true. It makes sense for Dems to try to turn people out. Regarding your final point, I really don't get it. What great promises on social issues has he tried to keep that the Democrats obstructed? I read a somewhere this weekend that 4 out of 5 people born in 1950 grew up to earn more than their parents, but for kids born in 1980, it's just 1 out of every 3 kids born who do.
It's been a downward slide for the middle/lower class.
I'll have to try to remember where I read that statistic and quote it. It was eye opening.
the bottom 50% have not kept up with inflation since 1973.
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Tennesseer
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Post by Tennesseer on Apr 8, 2019 13:00:31 GMT -5
Satire from The Borowitz Report Redaction of Mueller Report Halted as Barr Passes Out from Sharpie FumesBy Andy Borowitz WASHINGTON (The Borowitz Report)—The redaction of the Mueller report stalled on Monday after the Attorney General, William Barr, passed out from inhaling fumes from multiple Sharpie markers. Barr, who had been working around the clock to redact the report before its release, reportedly lost consciousness while trying to black out a seventy-four-page section detailing Donald Trump, Jr.,’s contacts with more than three dozen Russian individuals. “You cannot use that many Sharpies, for hours on end, without proper ventilation,” a Justice Department staffer, speaking on condition of anonymity, said. “This was a disaster waiting to happen.” Complete article here: Redaction of Mueller Report Halted as Barr Passes Out from Sharpie Fumes
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dondub
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Post by dondub on Apr 10, 2019 10:49:11 GMT -5
"It's the economy stupid
The Dow was 18233 on Nov 8, 2016. And it's 26,297 today.
And unemployment, GDP, jobs returning ti US, yada, are all breaking records.
Kinda hard to call that 'failure'. As for Trump's so-called 'failed promises' on social issues - they were mostly caused by Dem Obstructionism in Congress.
My analysis of Obama versus Trump market gains has never gone back to the last three months prior to inauguration, but we can take a look.
From Obama's inauguration to April 8, 2011 the DJIA went from 7949 to 12,380. I see an increase of 55.7%.
For Trump we have gone from 19,827 to 26,150 yesterday. That is a 31.9% gain. Now if we expand Trump gains, as Phil has done, to include 1,594 points up during the last 3+ months of Obama's presidency, we get 43.4% increase in the DJIA.
It's an easy conclusion. Even when a Trump supporter borrows gains from the Obama market, a fellow described numerous times by that poster as anti-business, the Obama market was still 28.34% higher in gains. Now using the 'real' numbers, the 31.9% increase of trump versus the 55.7% of Obama, Obama's increase is 74.6% higher. In other words, the Obama market has kicked Trump's arse, yet the magpies on the right just can't be honest about it and need to say Obama was "anti-business" or the famous Obama "waterboarded the American economy".
On the other points...UE plummeted under Obama and has continued the downward trend under Trump. If the GDP is "breaking records" the poster should offer some proof of that. If jobs returning are "breaking records" the poster should elucidate. If yada is "breaking records"..if he is referring to Trump's tweets he has nailed it.
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djAdvocate
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Post by djAdvocate on Apr 10, 2019 11:05:42 GMT -5
GDP growth under Trump and Obama were approximately the same.
the difference is that Trump is leaving more money on the table than Obama did in his last 4-6 years. deficits are on the rise, meaning that the "economic stimulus" necessary to produce the Trump gains is HIGHER than under Obama. and that should give everyone pause for concern. the underlying economy is clearly MORE fragile than it was a few years back, and delaying the inevitable downturn will only making it harsher.
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