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Jun 12 2018 07:53am
Quote (Thor123422 @ Jun 12 2018 07:45am)
The kind of media ignoring has mostly been trying to finish my current degree before starting medical school, at which point I'll likely go full blackout.

Thing is, the tax cuts can't be ignored as when Republicans got control of both chambers and the presidency it was already a done deal. That was the minimum everybody expected them to accomplish, cutting taxes.



My actual position with regards to Trump and the economy, and Obama and the economy, is that the president has very little influence on the economy and it largely depends who controls the chambers of Congress. The primary reason Trump's economy has been doing well is because Trump inherited a strong economy from Obama, they knew tax cuts would come from a Republican controlled congress and president, and other than that there hasn't been much change which allows businesses to "know the field" and make better long-term plans. Trump's policies that could be carried out by the executive are largely unable to be enacted because he hasn't properly staffed departments, such as the EPA under Pruitt.


if you want to boil it down to "he's a republican so businesses knew x,y,z" that's fine, but that's credit. You're also only looking at it one dimensionally and not including HRC who was signalling increased regulation from issues like solar power/coal in West Virginia to water cleanliness in the Flynt debate. There's really 3 main factors, implied tax cuts with the legislative mandate, lack of regulation and rolling back Obama era and previous deregulation (read: not HRC / hates Obama), and the "pro business president" effect. Which is hard to calculate but foolish to discount entirely. If you really insist on challenging the 3rd point look at his cabinet and regime appointments with unprecedented corporate CEO numbers, signalling a pro-business regime. And something i'm sure you've had your fair share to say about, again, rightfully so.
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Jun 12 2018 07:56am
Another day & another thread where Thor gets schooled while unnecessarily bringing up he’s in school, again
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Jun 12 2018 07:58am
Quote (IgoSoHard @ Jun 12 2018 07:56am)
Another day & another thread where Thor gets schooled while unnecessarily bringing up he’s in school, again


I mean, it's more or less my whole life until the 19th when I defend. After which you probably won't see me much.

Quote (thesnipa @ Jun 12 2018 07:53am)
if you want to boil it down to "he's a republican so businesses knew x,y,z" that's fine, but that's credit. You're also only looking at it one dimensionally and not including HRC who was signalling increased regulation from issues like solar power/coal in West Virginia to water cleanliness in the Flynt debate. There's really 3 main factors, implied tax cuts with the legislative mandate, lack of regulation and rolling back Obama era and previous deregulation (read: not HRC / hates Obama), and the "pro business president" effect. Which is hard to calculate but foolish to discount entirely. If you really insist on challenging the 3rd point look at his cabinet and regime appointments with unprecedented corporate CEO numbers, signalling a pro-business regime. And something i'm sure you've had your fair share to say about, again, rightfully so.


Yeah, I gave credit for the tax cut. You're doing that thing again. Anyway, my wife's awake now so I'm gonna hop off. Maybe come back to this later.
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Jun 12 2018 08:07am
Quote (Thor123422 @ Jun 12 2018 07:58am)
I mean, it's more or less my whole life until the 19th when I defend. After which you probably won't see me much.



Yeah, I gave credit for the tax cut. You're doing that thing again. Anyway, my wife's awake now so I'm gonna hop off. Maybe come back to this later.


so because you acknowledge a single part of a 3 faceted approach i'm off base?

i said that expectations drove the stock market which drives innovation in corporations. then i noted 3 facets that drove that force. you acknowledge one, which is great.

i really wish i could share internal emails with you from the fortune 500 companies i work with, so that you could hear it straight from the ones writing paychecks. but do i really need to?
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Jun 12 2018 08:15am
Quote (Thor123422 @ 12 Jun 2018 01:36)
Trump has done basically nothing but continue the track set by Obama for the economy.


Quote (Thor123422 @ 12 Jun 2018 09:45)
My actual position with regards to Trump and the economy, and Obama and the economy, is that the president has very little influence on the economy and it largely depends who controls the chambers of Congress.


>its obama’s economy
>no its actually about congress
>that idiot republican congress is to blame for the great economy!!!
>it surely isnt president drumpf
>that drumpf who i said wouldnt make it to the debates!!!

Quote (IgoSoHard @ 12 Jun 2018 09:56)
Another day & another thread where Thor gets schooled while unnecessarily bringing up he’s in school, again


its always a treat seeing someone who cannot feed themselves without outside support, and is consistently wrong about how the real world works, attempt to lecture others on economics.

its the fallacy of the out-of-touch academic - thor is the best petri-dish licker in his little lab in the middle of nowhere, so he thinks he is is the smartest on all the subjects in all the lands :rofl:
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Jun 12 2018 08:16am
@thor:

ok, my little burn might have put you off, sry about that. but in all seriousness, I would actually really appreciate your opinion on what I wrote in my previous post:

-----

Quote (Thor)
Trump had a cosmic coincidence. With how demographics are shaping up they better enjoy it while it lasts, because they've only got two or three more cycles before it becomes a mathematical impossibility to hold the executive.


only if the current allegiances and demographic trends continue into the future. if the GOP can hold onto its "Trump-margins" with white working class people, they can hang onto electoral college victories into the 2030s - according not to me, but to a study by the center for american progress, the brookings institute, the bipartisan policy center and the prri:

https://bipartisanpolicy.org/wp-content/uploads/2018/04/States-of-Change-Americas-Electoral-Future.pdf

and if the GOP can make even slight inroads among minorities, things are looking entirely different anyway. for example, asians (and not latinos) have been the largest-growing group of immigrants in recent years, and they tend to be more conservative overall than either latinos or blacks, even though they (of course...) still support dems at a higher rate than the gop. but the margin the dems are getting out of asian americans is smaller.

and there are also signs that 3rd-generation latinos, like any group of immigrants before them, is drifting towards conservatism and away from the democrats.

in any case, the notion that the democrats dont have to change anything about their current agenda, that they just have to wait until demographic change hands them everything effortlessly, is completely delusional. it might play out like that, yes, but betting on it is incredibly risky.

This post was edited by Black XistenZ on Jun 12 2018 08:17am
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Jun 12 2018 09:00am
Quote (excellence @ 12 Jun 2018 14:57)
yep you rage pming people seeking for validation is a demonstration of this


how many times in a row can you be wrong about everything :lol:

once again it's time to take a look back at what the smart lefties who know everything and voted not for President Trump said would be reality:

http://money.cnn.com/2016/10/24/investing/stocks-donald-trump-hillary-clinton/ - A Trump win would sink stocks. What about Clinton?
http://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164 - Economists: A Trump win would tank the markets
http://fortune.com/2016/11/08/donald-trump-stocks-crash/ - A Huge Hedge Fund Says Stocks Will Crash if Donald Trump Wins
http://www.marketwatch.com/story/the-stock-market-could-crash-if-donald-trump-is-elected-2016-10-31 - The stock market could crash if Donald Trump is elected president
http://www.investors.com/news/fbi-reveals-more-evidence-that-stocks-will-fall-if-trump-wins/ - FBI Reveals More Evidence That Stocks Will Fall If Trump Wins
https://www.nytimes.com/2016/11/01/business/dealbook/what-happens-to-the-markets-if-donald-trump-wins.html - What Happens to the Markets if Donald Trump Wins?..."The conventional wisdom is that, right off the bat, the stock market would fall precipitously."
http://www.newsbusters.org/blogs/nb/tom-blumer/2016/11/10/ny-timess-paul-krugman-trump-wins-markets-will-never-recover - NY Times's Paul Krugman, As Trump Wins: Markets Will 'Never' Recover
http://www.thefiscaltimes.com/2016/09/06/Mark-Cuban-Stocks-Will-Crash-if-Trump-Wins - Mark Cuban: Stocks Will Crash if Trump Wins

https://kek.gg/i/66N3Hm.png

http://money.cnn.com/2017/05/24/news/economy/trump-obama-economic-forecasts/index.html - Reality check on Trump's economic growth forecasts
https://www.vox.com/policy-and-politics/2017/5/23/15674512/trump-budget-economic-growth - Donald Trump’s budget relies on magic economic growth. Three percent per year is a lot less reasonable than it sounds.
http://www.latimes.com/business/hiltzik/la-fi-3percent-20170519-story.html - If Trump thinks he can get more than 3% economic growth, he's dreaming
https://www.cnbc.com/2017/09/25/economists-dont-buy-trumps-3-percent-gdp-growth-target.html - Economists don’t buy Trump’s 3 percent GDP growth target
https://www.npr.org/sections/goatsandsoda/2017/05/23/529711005/one-huge-problem-with-trumps-promise-to-grow-the-u-s-economy - One Huge Problem With Trump's Promise To Grow The U.S. Economy
https://www.vanityfair.com/news/2017/07/trump-does-not-appear-to-understand-basic-economics - TRUMP DOES NOT APPEAR TO UNDERSTAND BASIC ECONOMICS. Does the president know how G.D.P. growth works? The evidence is not encouraging.
https://www.cnbc.com/2017/05/24/heres-why-trumps-3-percent-growth-target-doesnt-add-up.html - Here's why Trump's 3 percent growth target doesn't add up


https://kek.gg/i/7CQCWF.png

some may argue otherwise but these are all good things and are a part of the tremendous consumer confidence that was unleashed starting November 9 2016 when President Trump won the election

even a little petri-dish licking knuckledragger like you can have some confidence in your opportunities

[√] winning [ ] not winning


these trump hysteria articles didnt age well, did they :lol:
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Jun 12 2018 09:47am
Quote (excellence @ Jun 12 2018 07:57am)
yep you rage pming people seeking for validation is a demonstration of this


how many times in a row can you be wrong about everything :lol:

once again it's time to take a look back at what the smart lefties who know everything and voted not for President Trump said would be reality:

http://money.cnn.com/2016/10/24/investing/stocks-donald-trump-hillary-clinton/ - A Trump win would sink stocks. What about Clinton?
http://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164 - Economists: A Trump win would tank the markets
http://fortune.com/2016/11/08/donald-trump-stocks-crash/ - A Huge Hedge Fund Says Stocks Will Crash if Donald Trump Wins
http://www.marketwatch.com/story/the-stock-market-could-crash-if-donald-trump-is-elected-2016-10-31 - The stock market could crash if Donald Trump is elected president
http://www.investors.com/news/fbi-reveals-more-evidence-that-stocks-will-fall-if-trump-wins/ - FBI Reveals More Evidence That Stocks Will Fall If Trump Wins
https://www.nytimes.com/2016/11/01/business/dealbook/what-happens-to-the-markets-if-donald-trump-wins.html - What Happens to the Markets if Donald Trump Wins?..."The conventional wisdom is that, right off the bat, the stock market would fall precipitously."
http://www.newsbusters.org/blogs/nb/tom-blumer/2016/11/10/ny-timess-paul-krugman-trump-wins-markets-will-never-recover - NY Times's Paul Krugman, As Trump Wins: Markets Will 'Never' Recover
http://www.thefiscaltimes.com/2016/09/06/Mark-Cuban-Stocks-Will-Crash-if-Trump-Wins - Mark Cuban: Stocks Will Crash if Trump Wins

https://kek.gg/i/66N3Hm.png

http://money.cnn.com/2017/05/24/news/economy/trump-obama-economic-forecasts/index.html - Reality check on Trump's economic growth forecasts
https://www.vox.com/policy-and-politics/2017/5/23/15674512/trump-budget-economic-growth - Donald Trump’s budget relies on magic economic growth. Three percent per year is a lot less reasonable than it sounds.
http://www.latimes.com/business/hiltzik/la-fi-3percent-20170519-story.html - If Trump thinks he can get more than 3% economic growth, he's dreaming
https://www.cnbc.com/2017/09/25/economists-dont-buy-trumps-3-percent-gdp-growth-target.html - Economists don’t buy Trump’s 3 percent GDP growth target
https://www.npr.org/sections/goatsandsoda/2017/05/23/529711005/one-huge-problem-with-trumps-promise-to-grow-the-u-s-economy - One Huge Problem With Trump's Promise To Grow The U.S. Economy
https://www.vanityfair.com/news/2017/07/trump-does-not-appear-to-understand-basic-economics - TRUMP DOES NOT APPEAR TO UNDERSTAND BASIC ECONOMICS. Does the president know how G.D.P. growth works? The evidence is not encouraging.
https://www.cnbc.com/2017/05/24/heres-why-trumps-3-percent-growth-target-doesnt-add-up.html - Here's why Trump's 3 percent growth target doesn't add up


https://kek.gg/i/7CQCWF.png

some may argue otherwise but these are all good things and are a part of the tremendous consumer confidence that was unleashed starting November 9 2016 when President Trump won the election

even a little petri-dish licking knuckledragger like you can have some confidence in your opportunities

[√] winning [ ] not winning


holy triggered
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Jun 12 2018 10:03am
Quote (IceMage @ Jun 12 2018 11:47am)
holy triggered



Those pesky conservatives

Getting triggered so bad that they respond with facts :rofl:
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Jun 12 2018 10:09am
Quote (EndlessSky @ Jun 12 2018 11:03am)
Those pesky conservatives

Getting triggered so bad that they respond with facts :rofl:


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