The Trump Presidency
- Thread starter The Tariff King
- Start date
Free money is great!
57Brave
Well-known member
I'm not sure which wife. It might have been the first one he told on her cancer bed he wanted a divorce. To marry his them secretary
I think his 2nd was at least on her feet when he let her in on the fact Callista became an "item"
Jaw
It's OVER 5,000!
A very slow recovery, with the lowest growth rates we have seen after a recession, despite historically low interest rates and historically high deficit growth.
it's more impressive than inheriting an economy with a market that was hitting all-time highs and had a bajillion straight months of job growth and doing nothing special with it, for sure.
No...it's not.
yes, it certainly is.
trump doing things Obama already did is touted as great; but under Obama, it was..bad?
...how?
Obama's market was hitting all-time highs. Why is it impressive that it's simply continued? trump isn't a top job creator - why is that impressive?
If you have a dollar how easy is it to triple your money? Is it harder to triple your money when you start at 1000?
Jaw
It's OVER 5,000!
Fortunately for those who share his ideology he was able to pass most of his big deficit spending agenda while he had a filibuster proof majority in Congress though, right?
sturg33
I
As I've explained dozens of times on here... it's very quite simple.
1. Obama inherrited a terrible recession, leaving nowhere to go but up
2. Obama was handed 0% interest rates for his entire term, allowing business to borrow free money for years and basically buy growth (by the way, this is also the why the wealth gap has expanded)
3. The Fed pumped trillions of dollars of QE into the economy to artificially boost it (by the way, this is also why the wealth gap has expanded)
4. Obama's market had completely stalled out by the end of 2014... his last two years was basically flat until Trump was elected
Now, the fed has already increased interest rates under Trump and the QE has stopped. This is a headwind that Obama didn't have to deal with.
I *think* I've been pretty consistent on saying the Trump/Russia campaign stuff doesn't really appeal to me beyond the approach the Administation has taken with it. I'm willing to have the same opinion here. Is it good that they lied about their involvement? No. Does it surprise me that a campaign was willing to pay people to get opposition research? No.
The funny thing is the conspiracy Clinton cash video will be proven to be 100% right.
57Brave
Well-known member
David CornVerified account @DavidCornDC 57m57 minutes ago
Hey Trump voters, yesterday Pence voted to break a Senate tie to pass a bill to stop consumers from mounting class-action lawsuits against rip-off banks/credit card firms. Trump will sign. How's that for populism? You were conned. Sad.
Hey Trump voters, yesterday Pence voted to break a Senate tie to pass a bill to stop consumers from mounting class-action lawsuits against rip-off banks/credit card firms. Trump will sign. How's that for populism? You were conned. Sad.