Political Wrinkles  

Go Back   Political Wrinkles > General Forum > Opinions & Editorials
Register FAQDonate PW Store PW Trivia Members List Calendar Search Today's Posts Mark Forums Read

Opinions & Editorials Discuss The U.S. economy is solid, but there’s no ‘Trump bump’ at the General Forum; Originally Posted by GetAClue It boomed under Obama due to the Feds pumping money into the market thru Quantitative Easing. ...

Reply
 
Share LinkBack Thread Tools Display Modes
  #11 (permalink)  
Old 08-11-2017, 09:53 PM
saltwn's Avatar
PW Enlightenment
 
Join Date: Oct 2007
Location: Esto perpetua
Posts: 72,855
Thanks: 52,718
Thanked 25,151 Times in 17,832 Posts
Send a message via Yahoo to saltwn
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Quote:
Originally Posted by GetAClue View Post
It boomed under Obama due to the Feds pumping money into the market thru Quantitative Easing. Essentially printing money and propping up the market with low interest rates. The net affect of this was to drive inflation upwards and make millions of dollars for those Wall Street tycoons that he loved to bash so much.
you guys still dont get the depression do ya?
without bush and obama's actions with the blessings of mccain that's what our tails would have been in was a DEpression. instead we had a DEEP REsession. And all those extra foodstamps you complain about went to people who had lost their jobs.
Still we COULD have actually boomed but the opposition to obama did not want that.
believe the spin
but you are dead wrong
__________________
[There is] the inability to look at context as an all important aspect of the truth ;facts strung together individually are not necessarily the truth ~ Carl Bernstein
Reply With Quote
The Following User Says Thank You to saltwn For This Useful Post:
  #12 (permalink)  
Old 08-11-2017, 11:27 PM
Mikeyy's Avatar
Enchanted One
 
Join Date: Oct 2007
Location: PNW
Gender: Male
Posts: 70,355
Thanks: 22,379
Thanked 18,869 Times in 13,897 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Quote:
Originally Posted by Dog Man View Post
People in the construction business say that this is the busiest manufacturers have been during their 30-40 year careers.

The Stock market is different. The market reacts instantly to world news and emotions. The reason market confidence is so high is because they do not see regulations and taxes increasing. This is why markets dive when high tax, regulation loving democrats get into the white house.
Things were good 6 months ago and Trump wasn't in office. You guys and your etch a sketch memories crack me up.
__________________
It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person.
Reply With Quote
The Following 2 Users Say Thank You to Mikeyy For This Useful Post:
  #13 (permalink)  
Old 08-11-2017, 11:29 PM
Mikeyy's Avatar
Enchanted One
 
Join Date: Oct 2007
Location: PNW
Gender: Male
Posts: 70,355
Thanks: 22,379
Thanked 18,869 Times in 13,897 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

The right is funny. Do all you can to not give any credit to that black guy but the orange guy made america great.
Quote:
Originally Posted by dog man View Post
it didn't boom under obama, it very slowly gained back what it lost. It took off! As soon as the people with money realized trump won. The recession was over right after obama took office. His taxes and regulations are what keep it slow. The slow economy was the reason the feds did not raise interest rates for 7 years. They have raised rates more under trump than obama's 8 years.

Taxes and regulations always make people hesitant to build and spend money. That is why things always slow down under the potus that does these things.
__________________
It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person.
Reply With Quote
  #14 (permalink)  
Old 08-12-2017, 10:47 AM
Bat Bat is offline
Zealandia-American
 
Join Date: Jan 2016
Posts: 766
Thanks: 28
Thanked 487 Times in 299 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Quote:
Originally Posted by foundit66 View Post
Republicans are too eager to give Trump credit for anything they like.
Too caught up in "Obama bad. Trump good." to even bother looking at the facts.

Trump vs. Other Presidents: How Stocks Did in First 100 Days | Money

People need to stop saying what they want to believe and actually look at the facts.
Stock Market Performance by President | MacroTrends
Trump stock market performance eclipsed by Obama and Bush

It's RIGHT THERE in the actual numbers (last link above). After first six months.
Obama: +22.6%
Trump: +8.8%

So you tell me what your numbers are that objectively compares the stock markets between Obama & Trump...
First 100 days isn't the actual President's doing, it's more like the peoples perception of what the president may do.
Nice cherry pick though.
__________________
.. - # ... / .... .- .-. -.. / - --- / .-- .. -. / .- -. / .- .-. --. ..- -- . -. - / .-- .. - .... / .- / ... -- .- .-. - / .--. . .-. ... --- -. --..-- / -... ..- - / .. - # ... / -.. .- -- -. / -. . .- .-. / .. -- .--. --- ... ... .. -... .-.. . / - --- / .-- .. -. / .- -. / .- .-. --. ..- -- . -. - / .-- .. - .... / .- / ... - ..- .--. .. -.. / .--. . .-. ... --- -. / -. .- -- . -.. / -- .. -.- -.- . -.-- .-.-.-
Reply With Quote
  #15 (permalink)  
Old 08-12-2017, 11:02 AM
Bat Bat is offline
Zealandia-American
 
Join Date: Jan 2016
Posts: 766
Thanks: 28
Thanked 487 Times in 299 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Also, as for S&P or DOW performance(gains) during ones presidency, you also have to look at how the economy was when they took over.

For example, President Obama took office right after the great recession, it would be almost impossible for him to have made it worse. President Reagan took office during a bad recession, again, it would have been almost impossible for him to have made it worse.

Disclaimer. Third world countries are very adept at making their horrid economies worse.
__________________
.. - # ... / .... .- .-. -.. / - --- / .-- .. -. / .- -. / .- .-. --. ..- -- . -. - / .-- .. - .... / .- / ... -- .- .-. - / .--. . .-. ... --- -. --..-- / -... ..- - / .. - # ... / -.. .- -- -. / -. . .- .-. / .. -- .--. --- ... ... .. -... .-.. . / - --- / .-- .. -. / .- -. / .- .-. --. ..- -- . -. - / .-- .. - .... / .- / ... - ..- .--. .. -.. / .--. . .-. ... --- -. / -. .- -- . -.. / -- .. -.- -.- . -.-- .-.-.-
Reply With Quote
  #16 (permalink)  
Old 08-12-2017, 12:16 PM
Mikeyy's Avatar
Enchanted One
 
Join Date: Oct 2007
Location: PNW
Gender: Male
Posts: 70,355
Thanks: 22,379
Thanked 18,869 Times in 13,897 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

You had better look again because you have your dates wrong.
Quote:
Originally Posted by Bat View Post
Also, as for S&P or DOW performance(gains) during ones presidency, you also have to look at how the economy was when they took over.

For example, President Obama took office right after the great recession, it would be almost impossible for him to have made it worse. President Reagan took office during a bad recession, again, it would have been almost impossible for him to have made it worse.

Disclaimer. Third world countries are very adept at making their horrid economies worse.
__________________
It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person.
Reply With Quote
  #17 (permalink)  
Old 08-13-2017, 12:03 PM
Dog Man's Avatar
Down Boy!
 
Join Date: May 2013
Location: Southern Nevada
Gender: Male
Posts: 8,467
Thanks: 2,245
Thanked 3,412 Times in 2,463 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Quote:
Originally Posted by saltwn View Post
you guys still dont get the depression do ya?
without bush and obama's actions with the blessings of mccain that's what our tails would have been in was a DEpression. instead we had a DEEP REsession. And all those extra foodstamps you complain about went to people who had lost their jobs.
Still we COULD have actually boomed but the opposition to obama did not want that.
believe the spin
but you are dead wrong
Correct me if I'm wrong, but I thought the recession was over right after Obama took office. Then we limped along for almost 8 years. He made the rich much richer, but he could not get them to spend money on growth because of taxes and regulations.
Reply With Quote
The Following User Says Thank You to Dog Man For This Useful Post:
  #18 (permalink)  
Old 08-13-2017, 01:38 PM
Mikeyy's Avatar
Enchanted One
 
Join Date: Oct 2007
Location: PNW
Gender: Male
Posts: 70,355
Thanks: 22,379
Thanked 18,869 Times in 13,897 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Quote:
Originally Posted by Dog Man View Post
Correct me if I'm wrong, but I thought the recession was over right after Obama took office. Then we limped along for almost 8 years. He made the rich much richer, but he could not get them to spend money on growth because of taxes and regulations.
OK, I'll correct you. Take a look.

Here's How America Changed Under Obama, And How It Looks As Trump Takes Office : NPR
__________________
It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person.
Reply With Quote
  #19 (permalink)  
Old 08-13-2017, 01:40 PM
Mikeyy's Avatar
Enchanted One
 
Join Date: Oct 2007
Location: PNW
Gender: Male
Posts: 70,355
Thanks: 22,379
Thanked 18,869 Times in 13,897 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Or

Since President Barack Obama first took office:

The economy has added nearly 10.7 million jobs.
Median household income has gone up $1,140, or 2 percent.
The buying power of the average worker’s weekly paycheck is up 4.2 percent.
Median sales prices of existing single-family homes are up 23 percent.
The unemployment rate has dropped well below the historical norm; job openings are at a 15-year high.
Corporate profits and stock prices have both soared to record highs.
The number of people lacking health insurance has gone down by 16.5 million.
The murder rate is down nearly 5 percent, despite an increase in 2015.
The number of unauthorized immigrants estimated to be living in the U.S. is down, according to demographers.
Wind and solar power have quadrupled; coal production has dropped 36 percent; carbon emissions have gone down 12 percent.
However, the poverty rate is still 0.3 percentage points higher, and the number of Americans on food stamps is up nearly 36 percent.
Federal debt has more than doubled, and annual federal deficits, after shrinking, are again on the rise.
The home ownership rate has dropped to the lowest point in more than 50 years.
Handgun production has more than doubled.
__________________
It’s hard to win an argument with a smart person, but it’s damn near impossible to win an argument with a stupid person.
Reply With Quote
  #20 (permalink)  
Old 08-14-2017, 02:24 PM
mlurp's Avatar
PW Enlightenment
 
Join Date: Mar 2008
Location: Flatlands
Gender: Male
Posts: 36,551
Thanks: 18,257
Thanked 10,493 Times in 8,185 Posts
Default Re: The U.S. economy is solid, but there’s no ‘Trump bump’

Quote:
Originally Posted by jimbo View Post
Trump has been around 200 days. Mostly fighting lefty BS.

Only pregnancy bumps get noticed in 200 days.

True but he should ignore them, period! And get his business done.

Look not everyone will like everything anyone has for policies. So just ignore those whom .

Oh I forgot Trump has a Super EGO and can't ignore any ing
__________________



_ ... _ Improvise-Adapt-Over Come ... _ ...
Reply With Quote
Reply

Tags
bump’, but, economy, solid, the, there’s, ‘trump

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -5. The time now is 04:21 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

Content Relevant URLs by vBSEO 3.2.0