Trump on Pace to Do What Obama Couldn’t

Discussion in 'Current Events' started by Rosa Parks, Aug 16, 2017.

  1. TomFitz

    TomFitz Well-Known Member

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    Sorry, but the words "trickle down economics" came right out of Ronald Reagan's mouth.

    And the fact that you used the word Democrat instead of Democratic pretty much tells us you are a far right winger.
     
  2. GraspingforPeace

    GraspingforPeace Well-Known Member

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    We exited the recession in Q3 of 2009, so yeah... there actually was. Unless you're claiming that the GDP figures that we have are false, you're still wrong.
     
  3. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Myth
     
  4. GraspingforPeace

    GraspingforPeace Well-Known Member

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    Its expected to be at least $600-700 billion, if not more, for this year alone.
     
  5. GraspingforPeace

    GraspingforPeace Well-Known Member

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    How is it a myth?
     
  6. Giftedone

    Giftedone Well-Known Member Past Donor

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    I agree. Those figures make sense in light of what Trump has proposed.

    Cutting Taxes
    Rebuilding our Military
    Rebuilding our Infrastructure
    Taking better care of Veterans
    More cash and power to police .... and so on.

    Given the deficit is currently running from 500-600 Billion, if Trump does half of what he has said ... we will see an extra 200-400 Billion added to this total.
     
  7. freakonature

    freakonature Well-Known Member

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    I'm libertarian. As far as fiscal policy is concerned, I'm anti - authoritarian outside of judicial projection. Protect from force, fraud and coercion, the rest is a hindrance.
     
  8. freakonature

    freakonature Well-Known Member

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    A recession is at least 3 consecutive months decline. Exiting from a recession doesn't mean there wasn't sporadic months of decline, which there was.
     
    Matthewthf likes this.
  9. freakonature

    freakonature Well-Known Member

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    How many of Obamas budgets were brought up for a vote? How many annual budgets were in place during Obama's administration? I'm not talking about spending resolutions. Fact is, Obama's budgets weren't brought up for a vote to spare him the humiliation. Then, they fell for the sequestration bumble. Obama was a fiscal policy joke.
     
  10. Iriemon

    Iriemon Well-Known Member Past Donor

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    It is classically defined as two continuous quarters, not just one.
     
    Last edited: Aug 23, 2017
  11. Iriemon

    Iriemon Well-Known Member Past Donor

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    I could have sworn the House of Representatives (and Senate) have something to do with the budget.
     
  12. Ph3iron

    Ph3iron Banned

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    madcow?
    Which college taught your foul mouth again?
     
  13. Iriemon

    Iriemon Well-Known Member Past Donor

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    o Economy that was tanking at a -9% rate and shedding 700,000+ jobs a month turned around
    o a record 83 straight months of private sector employment growth.
    o Initial unemployment claims below 300,000 for a 101 straight weeks, the longest streak since 1970
    o 150% increase in the stock markets since taking office
    o More than halved the deficit in 4 years.
    o Initial unemployment claims drop to lowest level since 1973
    o Saved 2-3 million jobs with stimulus package
    o First decrease in spending in a year in decades - 3 times.
    o Stock markets up 200% since bottom of the recession in 2009
    o 16 million additional private sector jobs created since Jan 2010
    o Oil production increasing for the first time in decades.
    o Initial unemployment claims drop to 43 year low.
    o Deficit reduced by a then record $212 billion, down 16%, in 2012.
    o Deficit reduced by a new record $408 billion, down 37%, in 2013
    o Expanded overtime regulations for working Americans
    o Record corporate profits
    o 6 straight years of GDP growth
    o Unemployment rate dropped from 10% to 4.3%
    o U.S. becomes world's top petroleum and energy producer
    o Passed financial regulation reform to prevent another housing bubble fiasco.
    o Recovered all jobs lost in the worst recession in 80 years
    o Lowest rate of spending increases of any president in modern history
    o 2015 median income increase strongest on record.
    o Average initial jobless claims drops to levels last seen when Nixon was president.
    o US domestic oil use decreased
    o Net creation of millions of people employed despite inheriting a economy losing 700,000+ jobs a month
    o Gas prices drop to $2.00/gallon

    If Obama were a white Republican, conservatives would have been hailing him as a savior.
     
  14. Ph3iron

    Ph3iron Banned

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    I guess we forget we were losing 750000 jobs a month and Don the con is living off O's budget.
    Doesn't have his own yet
     
  15. justonemorevoice

    justonemorevoice Well-Known Member

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    My, my, my. Well lookie hee-ah. I do believe, sugah plum, that Trump t'aint so special after all.

    Funny, innit?

    https://www.google.com/amp/amp.time...-market-trump-100-days-presidents/?source=dam
     
  16. Ph3iron

    Ph3iron Banned

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    said much better than I.
    It's a pity trumpies haven't got educated.
    Easy, get an engineering degree, start at $90k at 23 like my girls
    Nothing to it.
    What are people whining about?
     
  17. Giftedone

    Giftedone Well-Known Member Past Donor

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    What does this have to do with my post ? - the fact that Trump has not even proposed a Budget never mind get it through congress (even though Republicans control both houses)

    Obama's failures have little to do with how Trump is also failing.
     
  18. Ph3iron

    Ph3iron Banned

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    Says the person who doesn't know the difference between a noun and an adjective.

    "Expected"by young cons?
    Nothing like a made up mind
    I guess you didn't start a $150mm business like my daughter under Obama.
    Way too many vacation homes and world travel
    All Obamas fault.
    Same as forever, get an education, Pres doesn't matter.
    I thought this was the country of personal responsibility
     
  19. doombug

    doombug Well-Known Member

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    Says the person who is banned.....
     
  20. Matthewthf

    Matthewthf Well-Known Member Past Donor

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    If Obama was white I still would not have supported him much but then I vote based on the person and not party or race.

    As for the rest of your post it makes Obama look like the greatest president ever but we both know that is not true.

    Some of what you say is true but here are some things to think about. The GDP growth was from Obama increasing spending to jumpstart the economy which any president would have done at the start of his term in office. The economy was so bad that anybody who is not a moron could have easily improved it and make himself look like a great president.

    Obama was not completely correct when he said he wiped the deficit by two thirds. He did not start dropping the deficit untill 2009 a year after he took office. So even Obama did not do everything his first year in office yet Trump is supposed to do everything in one year?
    http://www.politifact.com/truth-o-m...-obama-claims-deficit-has-decreased-two-thir/

    So he only helped the problem short term which is still a good thing but we need a long term solution.

    How about gas prices? They were already under $2.00 on average before Obama was sworn in so how can Obama take credit for that?

    http://www.politifact.com/virginia/...scott-low-gas-prices-are-result-obama-polici/

    I am to lazy to research everything you posted but the first 2 things I looked up proved to be incorrect. More lies and liberal brainwashing from Anti Trumpets who try to make Obama sound greater than he really was. Giving him credit for low gas prices that was already low before he took office is lame bs but I would not expect much truth coming from the left. I will be researching everything else you said and may have some more replies to you if I am not feeling to lazy to post.
     
  21. Matthewthf

    Matthewthf Well-Known Member Past Donor

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    LOL you talk about education yet you don't even do your own research. Do you take everything the left says as truth? I already debunked some of Iremon's claims such as average gas prices already being under $2.00 before Obama even took office. Maybe you're the one who is uneducated.

    You act like you're so smart but then you also act like everything you quoted is a fact so obviously your not smart enough to know what a lie is or just to lazy to actually do your own research. Typical of left and Anti Trumpets who believe everything the left liberal media tells them.
     
  22. Matthewthf

    Matthewthf Well-Known Member Past Donor

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    I already debunked some of the left claims. I would be more than happy to research how he did on the economy for you. Not everything the left tells you is true.
     
  23. rahl

    rahl Banned

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    job growth is economic growth
     
  24. rahl

    rahl Banned

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    of course. It's called economics. You should crack open a textbook, and inform yourself.
     
  25. Iriemon

    Iriemon Well-Known Member Past Donor

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    No doubt Obama's Stimulus help mitigate the potential effect of the recession and turn the economy around.

    But the rest of your assertion about spending is RW propaganda myth. After the Republicans took the House in 2011, they forced austerity.

    Compare:

    Reagan
    Federal Spending increase, 1981-1986: +46.0%.
    Total government employment, 1981-1986: +879,000

    Bush
    Federal Spending increase, 2001-2006: +42.5%
    Total government employment, 2001-2006: +840,000

    Obama
    Federal Spending increase, 2009-2014: -0.53%
    Total government employment, 2009-2014: -540,000

    Obama took office in 2009.

    Obama's attempts to increase revenues to further lower the deficit were blocked by Republicans, protecting the m/billionaires as is their number one priority.

    Trump's plan to give massive tax cuts is not a long term solution.

    I didn't say he could take credit for it. Gas prices jumped up to about $4.00/gal and conservatives were telling up prices were going up to $5-6 because of Obama. Instead gas prices fell to $2/gal.

    Absolutely wrong. You didn't show anything I post was incorrect.
     
    Last edited: Aug 23, 2017

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