Trump is set to inherit the strongest economy we've seen in decades

[ivwshane]

It's not rocket surgery. Americans like to buy shit. most of it is built overseas. Building that shit creates jobs.

Tariffs punish corporations that build overseas, and give the government income that can supplement tax income.

Corporations that don't want to pay tariffs build stateside, which brings the jobs back to the USA.

Manufacturing output is pretty high, manufacturing jobs, not so much. That tells us that manufacturing doesn't really create that many jobs any more.

 

[ivwshane]

Hillary did win the popular vote, so...

And 46 million didn't bother voting and 60 million voted for trump so...

 

[K1052]

That is still a net gain. Overseas production hurts us two-fold: we lose out on the manufacturing jobs, and China gets a trade deficite advantage over us. Even if automation and robots reduce the number of local manufacturing jobs, it's still good for our overall economy to take that income away from China.

So we've gong from "building shit creates jobs" to "oh maybe not but fuck it anyway because trade deficit". So what Trump sold his voters was a lie of enormous proportions.

 

[Genx87]

Can you show me a post from your history when you said as much before or after the great recession?

There is a search button at the top of the page.

Do you disagree our economy has a cycle?

 

[amenx]

Strongest economy but look at debt vs GDP. It just keeps going up.

https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287

 

[ivwshane]

There is a search button at the top of the page.

Do you disagree our economy has a cycle?

I thought you'd pussy out.

Sure there are cycles, every six years? Prove your claim and then prove none of the cycles were due to what Washington was doing.

 

[ivwshane]

Strongest economy but look at debt vs GDP. It just keeps going up.

https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287

So trump will lower the GDP/debt ratio. Got it.

 

[soundforbjt]

It's not rocket surgery. Americans like to buy shit. most of it is built overseas. Building that shit creates jobs.

Tariffs punish corporations that build overseas, and give the government income that can supplement tax income.

Corporations that don't want to pay tariffs build stateside, which brings the jobs back to the USA.

How are Americans going to afford that stuff when the tariffs cause the prices to double?

 

[ivwshane]

How are Americans going to afford that stuff when the tariffs cause the prices to double?

Rocket surgery of course!

 

[Sheik Yerbouti]

It's not rocket surgery. Americans like to buy shit. most of it is built overseas. Building that shit creates jobs.

Tariffs punish corporations that build overseas, and give the government income that can supplement tax income.

Corporations that don't want to pay tariffs build stateside, which brings the jobs back to the USA.

and that cheap labor will come from???
and the resources they farm from the earth will come from?
and drumpf's own clothing line will be made in??
that is just a pipe dream. you guys got so duped.

Expenses are up, for everything, housing, food, utilities, etc. Yet, we need to eliminate any kind of minimum wage because somehow that will magically make the corporate boards or execs more generous and less greedy and hire more workers to compensate for the lower wages and increased workload.
Well as a lone tech monkey in a distribution center that had 2 techs in the bldg for years prior to me joining. I can tell you that is bullshit. companies cut corners at the expense of their employees, more work, less or equal pay, more responsibility (I'm on call 24/7/365, unless I make an arrangement with my boss, which is rare because doing so is arduous, to be incredibly kind).
So yea, the whole hire more workers to offset the workload is bullshit
Now, the resources, so to make those iphones here in, let's say, Kentucky, do we have the natural resources for batteries or the chipsets? If so, how much cheaper would they be from some 3rd world country that has pretty much zero regulation and is pure profit driven enterprise (basically slave labor)?
So much for resources.
Finally, we are going to convince congress, that collective of twatwaffles with a massive 17% approval rating who are bought and sold by lobbyists, to punish said corporations if they choose to run their companies overseas.
That, just that one thing alone is so fucking laughable, the rest of it falls away like so many Congo children scrounging for minerals in pits.
Oh yea, and the environmental... oh fvck it, you don't give a fvck about the environment, the earth is ours to rape.. I mean pussy grab.

the above does qualify as a rant, so bucky, lk, speedy, whomever the fvck else wants to accuse me of frothing, feel free. Now I need to grab a towel and wipe the spittle and froth from my keyboard and monitor

 

[Genx87]

I thought you'd pussy out.

Sure there are cycles, every six years? Prove your claim and then prove non of the cycles were due to what Washington was doing.

I try not to waste my time on idiot requests. You are a grown person. Go search for yourself.

Of course the cycles are due to what Washington was\is doing. What I contend is a president cant affect that boom and bust cycle within a few months of being in office. So to claim democrats fix republicans recessions is an over simplification.

 

[echo4747]

Jobless claims fell to their lowest level in 40 years if you simply count the number of people who filed and if you look at it from as an expression of rate it's even better.

http://www.forbes.com/sites/timwors...ver-been-as-low-as-they-are-now/#4e136ab93174

Housing construction has reached its largest gains in 34 years.

http://www.bostonherald.com/busines...truction_jumped_by_largest_amount_in_34_years

The Middle class had the fastest growth in income in 30+ years and the amount of people in poverty saw its steepest decline in 40+ years.

https://www.washingtonpost.com/news...st-year-since-the-end-of-the-great-recession/

Federal employment is well below historical norms.

https://www.opm.gov/policy-data-ove...ables/total-government-employment-since-1962/

Things are so good that the federal reserve will most likely be raising interest rates.

So which of these numbers will trump be improving through his and Republican policies?


My prediction is Republicans will simply be taking credit for this and will pivot from describing this economy in a negative light to one of glowing reviews.

while there are some favorable things about economy it is far from the best its been in decades. Just look at the amount of national debt over the last decade. Economic growth has been abysmal. Other than Obama can you name me another president that has not had at least 1yr of at least 3% GDP during their term? He will have 2 terms (8yrs) not 1 yr of 3% GDP.

 

[ivwshane]

You know your posts better than any search term I could possibly come up with. I gave you an opportunity to show us that you aren't really a hack and you declined.

I try not to waste my time on idiot requests. You are a grown person. Go search for yourself.

Of course the cycles are due to what Washington was\is doing. What I contend is a president cant affect that boom and bust cycle within a few months of being in office. So to claim democrats fix republicans recessions is an over simplification.

Who said anything about making a difference in the first few months of his presidency? To be specific though, I'm looking at where the numbers will be at the end of his first term. That's plenty of time.

 

[ivwshane]

while there are some favorable things about economy it is far from the best its been in decades. Just look at the amount of national debt over the last decade. Economic growth has been abysmal. Other than Obama can you name me another president that has not had at least 1yr of at least 3% GDP during their term? He will have 2 terms (8yrs) not 1 yr of 3% GDP.

You'll have to make your case that debt to GDP relates to the strength of the economy. From what I've seen that ratio has consistently risen and yet we've had both strong and bad economies.

What's Obama's GDP growth if you ignore his first year (you know because he inherited a uber shitty economy)?

 

[Genx87]

You know your posts better than any search term I could possibly come up with. I gave you an opportunity to show us that you aren't really a hack and you declined.

You are under the wrong impression I care to prove anything to you or the board. Go search for it if it matters to you.

 

[LegendKiller]

The wall also doesn't pay for itself. When and if NAFTA is renegotiated and jobs don't magically start coming back, then what? What lame excuse will you have ready? That the economy is cyclical and the downturn on trumps watch is bad timing and has nothing to do with his policies?

We spend over $180bn on illegal care every year, about $150bn of that borne by states and $30bn by the federal.

The wall is nothing. Even if it cost $100bn to build, that still pays for itself in 6 2/3 months.

 

[ivwshane]

We spend over $180bn on illegal care every year, about $150bn of that borne by states and $30bn by the federal.

The wall is nothing. Even if it cost $100bn to build, that still pays for itself in 6 2/3 months.

Lol! Because once that border goes up all existing illegals will simply deport themselves making that 180 billion magically disappear. I don't think you could be any dumber if you tried.

 

[Exterous]

So which of these numbers will trump be improving through his and Republican policies?

Perhaps he will improve on the fact that the recovery was greatly concentrated in a mere 20 counties in the entire United States. Remove those very few from the equation and the economic picture gets much worse. I don't necessarily think that he will as I don't really know what he will actually do but the 'strong economy' talk has more than a few caveats

http://www.citylab.com/politics/201...recovery-due-to-geographic-inequality/483989/

This is a massive simplification of the situation. Our economy grows and contracts. We have cycles.

This. So far this is the second best bull market in history of the US (in large part driven by how far we fell and how bad the rest of the world is doing). Its unlikely this would have continued regardless of who was elected

 

[LegendKiller]

Lol! Because once that border goes up all existing illegals will simply deport themselves making that 180 billion magically disappear. I don't think you could be any dumber if you tried.

They are already leaving.

 

[imported_tajmahal]

Cool, a preemptive "No matter what happens if the economy improves it's because of Democrats" strike. Can't argue with the awesomeness of Obama and Biden's 7th "Recovery Summer!!" err Fall or Winter of whenever, it's cause of us!.

 

[ivwshane]

They are already leaving.

Fantastic! And Obama did it all without a wall and without spending 100 billion! Its a good thing you don't care about the debt and never complain about it because you'd look like a hypocrite supporting a guy who will continue with the current policies and results but will add 100 billion to the debt!

 

[ivwshane]

Cool, a preemptive "No matter what happens if the economy improves it's because of Democrats" strike. Can't argue with the awesomeness of Obama and Biden's 7th "Recovery Summer!!" err Fall or Winter of whenever, it's cause of us!.

If the economy keeps improving at the same trajectory that it's on currently, I think you be hard pressed to say it wasn't sure to Obama's policies. Now if trump changes that trajectory, higher or lower, then it should be evidence of the impact of his policies, should it not?

I appreciate the candid sentiment of defeat though, it's telling that not even trump supporters believe the guy can do anything to make things better.

 

[Sheik Yerbouti]

We spend over $180bn on illegal care every year, about $150bn of that borne by states and $30bn by the federal.

The wall is nothing. Even if it cost $100bn to build, that still pays for itself in 6 2/3 months.

I doubt you'll watch it, but here it is, again, John Oliver's phenomenal takedown of drumpf's wall dream
https://www.youtube.com/watch?v=vU8dCYocuyI

 

[hal2kilo]

We begin the cycle anew. Republicans fuck up the economy, democrats get hired to fix it, people complain the entire time that it takes longer to fix something than to break it, dems eventually fix the economy, we put republicans back in charge...

over and over and over

 

[buckshot24]

So we've gong from "building shit creates jobs" to "oh maybe not but fuck it anyway because trade deficit". So what Trump sold his voters was a lie of enormous proportions.

Did you miss the "even if" part?