Will the Democrats screw up our booming Economy?

[phrodeau]

Actually, what it means is that you found an excuse, as you always do when faced with hard data and logic, not to address the substance of the argument. Let's review, shall we?




If you are right, and I am "brain dead," then you should have no trouble devising a substantive response to the data and analysis I present above.

Can you do it? Or shall we analyze next who is "brain dead"?

Chart 1, "Peak Level of Annual Growth in Real GDP." Not actual growth of GDP, not average growth of GDP, but the moment during the President's term when growth was the highest, as measured by somebody somewhere. Where's the data for the moment when growth was lowest? The chart also lacks a scale definition, which is an amateur mistake.

Chart 2, "Reagan / Obama Jobs Gap a Record 16.9 Percent." How do they figure "net cumulative employment change," daily, weekly, monthly? How does adding percentages together make any statistical sense? And the starting point for the blue line isn't "end of recession" if the slope is negative.

Chart 3, "Change in debt from taking to leaving office." Notice that these are non-adjusted dollar amounts. I think there has been a little inflation over the past fifty years. Also recall that Congress controls government spending and revenue. How long were Republicans in control of Congress during Obama's term? Six years, wasn't it?

Conclusion: Find some better chart makers, and quit trying to compare apples to kumquats.

 

[Beco]

Perhaps that explains the 8 solid years of continuing growth under Obama.



The current stock market boom, maybe, but you don't completely change the economy on expectations alone. And:

a. Everything else is a continuation and effect of the previous 8 years. It's not like we went from total crap to near full employment in the span of 6 months.

b. It's a myth that "over-regulation" is the problem. We've continued to be "regulated" through all of the Obama years, and we were during the Clinton years, periods of growth, stability and job creation.

c. Trickle down is the same crap myth.

d. Let's see where R policies get us in 4 - 8 years. I can't wait

Really, what about that little thing called less-than 1% GDP growth? Was Obama responsible for that?

 

[Beco]

You ain't met me Sonny!!!


I'm convinced the markets are run by greedy bastards, imbeciles, jackasses, buffoons and chicken littles. Note the 35 point fall yesterday for the S&P based on 'fears' of NK issues.

Not sure it matters who floats the turds that get flushed in the White House.

Hey lookey, lookey a post that didn't quote a mile long post full of nonsense and Perot style charts!!!

35 Points?? Hahahahaha! Back in the 80's that might have been a big deal, but not not, thats nada....however, I do think the market is due for a correction. So we'll see

 

[magicalmoments]

First: WOW!

No one has ever called me a "liberal snowflake" before. True, I have little regard for the Republican party, but from where does the "snowflake" part come?​

Second: As to the assertion that we should disregard the data because... Trump: Let me reiterate that the data I cite came from Obama Administration statistics.

Snowflake because you're delicate and melt when the heat comes on.

I don't give a fuck where you get your data from. I don't like it. Trump has taught us that if we don't like a set of facts then it is perfectly acceptable to brand them as alternative and false and disregard them.

If you don't like the example set by the leader of the Free World then fuck off back to North Korea or whatever other shithole you belong to.

 

[steve6161]

After reading what magicalmoments had to post it reminded how truely stupid and close minded people can be . Trump is for big business and the rich all one has to do is look at his record and see not false news just facts.

 

[steve6161]

Oh, almost forgot you tell people who disagree with you that they should go to North. Korea makes me think you should lead the way because you fear disagreement so much

 

[BotanyBoy]

Obama is anti-capitalist? I thought he (and Hillary) were corporate whore-mongers?????

Being a corporate whore of a government official doesn't make you a proponent of capitalism, it makes you corrupt and in all likelihood some flavor of socialist scum using your big gubbmint power to manipulate/control the markets.

 

[Beco]

U.S. Economy Grew 3% in 2nd Quarter, Fastest Pace in 2 Years
By NELSON D. SCHWARTZAUG. 30, 2017


The Commerce Department said on Wednesday that the economy had expanded at an annual rate of 3 percent in the second quarter of the year, better than initially estimated, and a substantial acceleration over the first quarter’s lackluster 1.2 percent pace.

The revised figure is still well below President Trump’s goal of 4 percent growth, but it is the economy’s best quarterly showing in two years.