Trumped

[Crampknees]

9 minutes ago, Jason said:

Cry all you want but the economy has been good during his presidency. He isn't destroying it. 

This is a good debate point.  You do know how many people continuously say Obama destroyed the economy when that simply is false.  So for Trumpsters they love Trump's economy because he revived it from the ruins Obama left it in.  Fat Tangelo says it all the time himself.  Just checking if you do know that when telling people they are crying. 

[JarsOfClay]

4 minutes ago, Blarg said:

Interest rates are higher than during the Obama Presidency. 

https://thehill.com/policy/finance/455559-fed-cuts-interest-rates-for-first-time-since-financial-crisis

[Jason]

1 minute ago, Fireball said:

This is a good debate point.  You do know how many people continuously say Obama destroyed the economy when that simply is false.  So for Trumpsters they love Trump's economy because he revived it from the ruins Obama left it in.  Fat Tangelo says it all the time himself.  Just checking if you do know that when telling people they are crying. 

Yes, it is a fact that the economy was picking up before Obama left. Obama inherited a poor one. Since Trump was elected it has continued and gotten better. This is the reason he will likely win again. 

[JarsOfClay]

https://www.cnbc.com/2018/08/14/white-house-overstates-job-gains-for-black-americans-under-trump.html

Btw that chart includes Trump's deceivingly inflated job numbers and not the real ones.

[Adam]

The economy is going to implode. 

Jobs. haha that's such a stupid metric

[Taylor]

1 hour ago, Jason said:

Fact is, Trump has been great for the economy 

What exactly has he done to improve the economy?

[Taylor]

43 minutes ago, Adam said:

Jobs. haha that's such a stupid metric

Then why is it often used by Trump supports to "prove" that Trump is good for the economy?

[Jason]

1 minute ago, Taylor said:

What exactly has he done to improve the economy?

Specifically, deregulation. Whether you agree with that or not is a different subject. It's more important that he isn't destroying it. 

[Adam]

3 minutes ago, Taylor said:

Then why is it often used by Trump supports to "prove" that Trump is good for the economy?

Because this is America and that's what people do.

[Jason]

3 minutes ago, Taylor said:

Then why is it often used by Trump supports to "prove" that Trump is good for the economy?

It's not just the jobs numbers. GDP has been good under him as well. 

[Blarg]

What Jars forgets is the unemployment level was over 9% in 2010. Was that job creation or simply a return to pre-recession unemployment rate? If you strip the politics out of it then obviously it wasn't as much as job creation as it was workers returning to jobs that returned into service.

When the unemployment rate drops to 4% just how much harder is it to drop it to 3%? If you look at like weight loss, it's a lot easier to lose weight when morbidly obese (9% unemployment rate) than when you are trying to drop those last 5lbs (job creation at a 4% unemployment rate). 

A lot more people went back to work after being laid off in an economy that emploded and recoverd than new jobs created in a strong economy. Brilliant chart reading, Jars.

The fact is the unemployment rate is at a record low over the last 50 years. That is notable and has value.

 

[Taylor]

8 minutes ago, Jason said:

Specifically, deregulation. Whether you agree with that or not is a different subject. It's more important that he isn't destroying it. 

What are the specific deregulation policies he's implemented that have improved the economy?

[Jason]

1 minute ago, Taylor said:

What are the specific deregulation policies he's implemented that have improved the economy?

I can look them up but I believe there were quite a few of them 

[Jason]

https://www.brookings.edu/interactives/tracking-deregulation-in-the-trump-era/

here you go. Like I said, you can argue whether it's right to deregulate but it makes it easier on certain industries and business 

[Make Angels Great Again]

Bringing the corporate tax rate down from 35 to 21 percent also helps a lot. Which, by the way is now right in line with the wonderful Nordic countries like Denmark and others.

[UndertheHalo]

The biggest sectors of growth are terrible “gig” economy jobs that people are forced to take.  There’s also the issue of people who have simply fallen off the books because they’ve exited the work force all together.  America continues to get worse for working people.  You can pin up whatever numbers you want.  This is a fact.  People work more for less.  Their dollar doesn’t go as far.  It sucks.

pull up your bootstraps I guess. 

[Catwhoshatinthehat]

I find it hard to give either side credit when during Obama's presidency the national debt increased by 8.6T and by the time we get through Trump's first term it's projected to increase by another 5T.  The president's aren't fully to blame for this as Congress has a hand it in it too but celebrating the short term gains under either completely ignores the long term implications.  

[Make Angels Great Again]

1 minute ago, UndertheHalo said:

The biggest sectors of growth are terrible “gig” economy jobs that people are forced to take.  There’s also the issue of people who have simply fallen off the books because they’ve exited the work force all together.  America continues to get worse for working people.  You can pin up whatever numbers you want.  This is a fact.  People work more for less.  Their dollar doesn’t go as far.  It sucks.

pull up your bootstraps I guess. 

 

Other than the cost of housing and healthcare, not really.

[Make Angels Great Again]

Which, surprise surprise, are some of the most heavily regulated industries on the planet.

[UndertheHalo]

6 minutes ago, Make Angels Great Again said:

 

Other than the cost of housing and healthcare, not really.

Ya your health and where you live.  Minor things.    Not principal fucking components of life. 
 

and also how people work.  People work more now then ever.  Servitude to your fucking boss.  Hell ya baby. 

Edited December 6, 2019 by UndertheHalo

[UndertheHalo]

Im sure in MAGA America the deregulated freedom Pfizer gets afforded will result in Americans being provided healthcare that focuses on well being.  If only we didn’t have those darn regulations ! 

[Blarg]

I think you've lost you mind.

[Jason]

12 minutes ago, Catwhoshatinthehat said:

I find it hard to give either side credit when during Obama's presidency the national debt increased by 8.6T and by the time we get through Trump's first term it's projected to increase by another 5T.  The president's aren't fully to blame for this as Congress has a hand it in it too but celebrating the short term gains under either completely ignores the long term implications.  

Yeah, they do not care about the debt

[St1ck]

1 hour ago, Fireball said:

This is a good debate point.  You do know how many people continuously say Obama destroyed the economy when that simply is false.  So for Trumpsters they love Trump's economy because he revived it from the ruins Obama left it in.  Fat Tangelo says it all the time himself.  Just checking if you do know that when telling people they are crying. 

Trump claimed unemployment was at 40% under Obama.

[Adam]

5 minutes ago, st1ckboy said:

Trump claimed unemployment was at 40% under Obama.

He was referring to the dem voter demo.