Goldman Sachs Stunner: US Unemployment to Peak at 25% Read Newsmax: Goldman Sachs Now Sees U.S. Job

Discussion in 'Current Events' started by Jkca1, May 13, 2020.

  1. ButterBalls

    ButterBalls Well-Known Member

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    Seems not! As we see the entire world was taken by storm ;)
     
  2. cd8ed

    cd8ed Well-Known Member Past Donor

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    President* trump is on track to spend in four years what President Obama did in his two term eight year presidency.

    I guess the tea party just didn’t like black tea, orange tea is apparently delicious.
     
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  3. ButterBalls

    ButterBalls Well-Known Member

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    And I suppose you don't think the COVID-19 has anything to do with this, right? LMFAO :)
     
  4. cd8ed

    cd8ed Well-Known Member Past Donor

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    Just like Obama had nothing to do with the last Republican led crisis — yet he was still blamed.

    They will be judged by the same measurement.

    If you remove the Republican housing crisis, trump has already beat Obama in spending.
     
  5. ButterBalls

    ButterBalls Well-Known Member

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    Oh I thought you were talking about Trump spending, you gotta pick a narrative Bro.. Oh wait, you didn't want to acknowledge the quarantine, shuttered businesses, unemployment that's all due to the Chiner virus that has the world in a strangle hold..

    Ya I figured as much ;)
     
    Last edited: May 15, 2020
  6. cd8ed

    cd8ed Well-Known Member Past Donor

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    The narrative is when a president entered into office vs when the next term starts.
    This is how it has always been — but I understand the want to make exceptions.
    Too bad...
     
  7. ButterBalls

    ButterBalls Well-Known Member

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    Really? And yet you didn't give any thought to the COVID-19 and the Chiners roll in any of this, how odd ¯\_(º¸º)_/¯
     
  8. cd8ed

    cd8ed Well-Known Member Past Donor

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    Nope, judged by the same metric, the same history will do.
     
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  9. ButterBalls

    ButterBalls Well-Known Member

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    LOL, the same metric, you funny ;) I have seen some ridiculous spin in my time, but Bro! :spin::spin::roflol:
     
    Last edited: May 16, 2020
  10. cd8ed

    cd8ed Well-Known Member Past Donor

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    If using an objective financial metric to judge the fiscal policies of a president across a similar timeframe is “ridiculous” to you... you might don a red cap.
     
  11. Pollycy

    Pollycy Well-Known Member

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    Agree about "W" Bush blowing hundreds of billions on foreign adventures and other exciting fun (which continue to this very day).

    But you're dead wrong about "Obama's growing economy"! Obama, as a 'policy-maker', never really did anything -- the 'recovery' was little more than a FRAUD-BALLOON created by the Federal Reserve central bank, built on 'quantitative-easings', crushed interest rates, an "Operation Twist", the purchase of trillions of dollars of toxic trash to rescue Wall Street, and IMAGINARY MONEY.

    Obama was nothing but the Fed's politically-correct, racially-correct 'house-boy', obediently doing everything he was told by Ben Bernanke, the Fed Chairman, for most of his administration. :spin:

    Now this grotesquely WAY-over-leveraged stock market has run up against the effects of a Chinese bio-weapon which was turned loose on the world through Beijing's negligence, recklessness, and bureaucratic stupidity. But don't worry too much -- the world's central banks, including the 'Fed', will "print" as much more imaginary money as needed to keep on kicking the can down the road...if we're lucky.... :omfg:
     
    Last edited: May 17, 2020
  12. cd8ed

    cd8ed Well-Known Member Past Donor

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    Seeing what you post on a daily basis — I will take that as a complement. The truth stands however, no matter how much you disapprove.

    trump will the the third Republican president to enter with a growing economy and exit with one declining. He will also likely be the third in a row to have spent more than double that of his predecessor.
     
  13. cd8ed

    cd8ed Well-Known Member Past Donor

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    Prior to the pandemic hoax, was trump increasing or decreasing spending from the period after the housing crisis? Since we are excluding skewed figures?
     
  14. ButterBalls

    ButterBalls Well-Known Member

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    Nah Mr. Obatard inherited 10.6 from Bushy and in his first term he was at 15.2 trillion and left Trump at 19.5.. The last relief bill was 2.2 trillion otherwise I don't see any significant more then what Mr. Obatard piled on, but what I did see was far more economic activity for the amount this administration created per dollar of debt..

    I'm sure leftist arithmatricks will say otherwise, but why not wait to blame him for a crashed economy, the best is yet to come from printing off trillions and trillions just so hypochondriacs can stay at home, and those laid off on unemployment can draw max bennies PLUS $600 more in COVID-19 relief money a week..

    Hell that stingy POS Mr. Obatard didn't do a fraction of that and it was far less devastating then this Pandemithon!!

    This is Trump love!!! I know waitresses/Waiters that before the COVID-19 were taking home around $200 a week plus tips that are now on unemployment drawing max benefits PLUS the relief money which is THREE times their weekly take home making almost 2k a months LMFAO :)

    Show me where Mr. Obatard was saddled with that sort of expense at todays current unemployment numbers..

    Ya, you really got them metrics dialed in there partner ahhahahaha :)
     
    Last edited: May 17, 2020
  15. cd8ed

    cd8ed Well-Known Member Past Donor

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    I noticed you didn’t answer the question.
    The question was, “was trump increasing or decreasing spending from the period after the housing crisis?”
    Nah is not an acceptable answer.

    It is like answering “apple” to what is 2+2
     
    Last edited: May 18, 2020
  16. ButterBalls

    ButterBalls Well-Known Member

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    I did answer, you just go look again!
     
  17. cd8ed

    cd8ed Well-Known Member Past Donor

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    Here is a pretty picture to help you since you seem to be struggling (pre virus)
    upload_2020-5-18_11-10-29.jpeg
     
  18. ButterBalls

    ButterBalls Well-Known Member

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    I was talking economic growth per dollar of debt.. Yer graph is really cool too, I like the first four years the best, the last four were really good too considering what it bought us ;)
     
    Last edited: May 18, 2020
  19. cd8ed

    cd8ed Well-Known Member Past Donor

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    Yeh, sub 3% growth which is now negative. I guess that is good to people that won’t be around to see the cost of paying it back.
     
  20. ButterBalls

    ButterBalls Well-Known Member

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    Good way to look at, you take solace in that ;)
     

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