Trump on Pace to Do What Obama Couldn’t

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

  1. SkullKrusher

    SkullKrusher Banned

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    Possibly correct, if there could ever be some proof of the grabbing other than the off record remark of Trump to a reporter. or women seeking money, 30 years after some alleged ***** grabbing that has no been proved in any court or by any jury.
    Obama grabbed his own ****** so many times, it will be impossible for Trump to surpass that record.
     
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  2. rahl

    rahl Banned

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    it most certainly did not.
     
  3. rahl

    rahl Banned

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    Obama was GREAT for business and investment.

    Like I said, silly partisan hackery.
     
  4. Libby

    Libby Well-Known Member

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    LOL. Thanks for the laugh. And for confirming my initial assumption.

    Partisan hack indeed!
     
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  5. Zorro

    Zorro Well-Known Member

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    The Fed pumped up the Stock Market, now they aren't anymore. Thanks to the Obama era we have Bond Market Bubble sustaining a Stock Market Bubble, not unlike one drunk driving another drunk home. I'd put the odds that the Fed will be able to unwind their bubble without popping it a slim to none with a much heavier bet on none.
     
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  6. TomFitz

    TomFitz Well-Known Member

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    Prove it.
     
  7. TomFitz

    TomFitz Well-Known Member

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    "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."

    Well, the Republican perscription in those dark days was the same they proposed in 1930.

    Do nothing. They fought the stimulus that you say any moron would have done, tooth and nail.
     
  8. rahl

    rahl Banned

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    denying Obama was good for business is simply denying reality. He had a record number of consecutive months for job growth, record stock market, unemployment under 5% etc.

    had he been a white republican, you'd be on your knees sucking his ****.
     
  9. Libby

    Libby Well-Known Member

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    Now you're doubling down on "wrong" and adding "offensive". Good job. If this is what passes as adult discussion for you, I'm finished. You are not only a partisan hack, you're a race-baiting classless partisan hack.

    What you do when you worship a politician is apparently nothing I would ever even think of doing (I also don't blindly worship politicians.) But hey, go Obama!!!
     
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  10. rahl

    rahl Banned

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    I consider Obama an average president. I didn't vote for him either time.

    But claiming Obama wasn't good for the economy, or that the economy didn't do well under him, either has no clue what they are talking about, or are nay saying simply out of partisan hackery. It is a demonstrable fact, the economy did well under him.
     
  11. Conviction

    Conviction Well-Known Member

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    No way man. Obama kept confidence low with his anti-work policirs and rhetoric. With Trump people see a pro-business. What this growth projection shows, is that this is only the beginning of the Trump boom. I reckon we see a wage increase we haven't seen in decades.
     
    Last edited: Aug 25, 2017
  12. Wild Horses

    Wild Horses Well-Known Member

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    He did no such thing. You don't need to lie for Trump. He does that just fine on his own.
     
  13. Quantum Nerd

    Quantum Nerd Well-Known Member

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    As I said above, the "pro business" rhetoric will only work for so long without a change in the fundamentals.

    Meanwhile:
    -Orders of durable goods are down
    -New car sales are down
    -Wages are not rising despite record low unemployment
    -Credit card debt is rising
    -Consumers continue to be overextended with debt

    But, giving tax breaks to the supply side, which is already awash in profits and production capacity will fix it -- only in GOP and Trump lala land.
     
  14. XploreR

    XploreR Well-Known Member

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    When you consider the state of the American economy when Obama was inaugurated in January 2009, it's quite remarkable what he accomplished. He saved the nation from what could have been--and probably would have been--the worst depression since the Great one in the 1930s. Obama deserves credit for dealing successfully with a catastrophe he never created.
     
  15. Giftedone

    Giftedone Well-Known Member Past Donor

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    These folks attributing the market/economy to a President who has been in office for barely 7 months (and has done nothing so far) are woefully ignorant about how the economy and markets work.

    This stock market is in a bubble - one which should burst during Trumps watch - unless he get's booted out of office.
     
  16. Conviction

    Conviction Well-Known Member

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    Lol uh huh, what were Obama fundamentals? Janet Yellen pours trillions into the stock market... Nice job.
     
  17. Conviction

    Conviction Well-Known Member

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    Deregulation is the name of the game. I suggest you stop reading economically illiterate people like Bernie. He said you're more likely to achieve the American Dream in Venezuela. What a dope.
     
  18. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Where did I say that the fundamentals were good under Obama? I didn't.

    Yes, wages were stagnant under Obama, as they are under Trump, thanks to the supply side policies that started under Reagan. It is very clear to see when wages stopped rising with productivity, and it wasn't under Obama.

    Second, aren't Trump fans the one who praise the DOW performance under Trump? You have to make up your mind, is the stock market gaining because of Trump, or because it is propped up by Yellen? I am confused.
     
    Last edited: Aug 26, 2017
  19. Voltamp

    Voltamp Banned

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    Obviously it did and that's why you cut off the rest of my post, as it embarrasses you.


    Your posting skills are a joke.
     
  20. rahl

    rahl Banned

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    Lol, birthers. The birth certificate was authenticated by 2 separate administrations in Hawaii. One a democrat, and the other a republican.
     
  21. Libby

    Libby Well-Known Member

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    I will agree with you there.

    As for the rest of this thread, it's like pissing in the wind trying to discuss business and the market with people who have no understanding of business or the market. :wall:
     
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  22. Sadanie

    Sadanie Well-Known Member Past Donor

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    Ridiculous!
    There is a huge difference between bringing the unemployment rate from 4.6% to 3.8 % and bringing it from 8% to 4.6 %!

    In fact, a 3.8 unemployment is NOT a good news for the macro economy, as this doesn't leave enough room for seasonal employment and for employers to find enough QUALIFIED employees to fill their needs!

    The actual "0" employment is anywhere between 4 and 5.5%. . .(differs based on economics theories).

    President Obama is the one who brought down the unemployment . . .although Trump (when the statistics were not in HIS favor) preferred to say that it was "false news!
     
  23. PT78

    PT78 Banned

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    The U.S. Dollar index hit the lowest level on Friday since January 2015. It has tumbled BIG TIME since early January.

    https://www.bloomberg.com/quote/DXY:CUR

    This is BAD NEWS for consumers in a net importing economy as it costs more money to buy the same imported good than it did 6 months ago.

    And for those of you who think this is good for the trade deficit? Think again. Though it improved in June - it is still worse than it was a year ago.

    https://www.bloomberg.com/quote/DXY:CUR

    Unless you are a BIG TIME net exporter, you almost always want a strong currency.
     
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  24. doombug

    doombug Well-Known Member

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    Nah, bringing a lower rate even lower is much more difficult. Everyone knows that.
     
  25. Voltamp

    Voltamp Banned

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    this is your response to a post that had to with the economy and nothing to do with obama or his birth certificate.

    you can't debate, you can't argue. but you might become the first person i've ever put on ignore.
     

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