What does this even mean? A market correction is long over due. What amuses me is you are praying for a recession before the election. Stupid as far as a election year strategy goes, but if that is all you got that is all you got. IMPEACH!
There are no major policy changes in the Us following Trump's election, other than lower taxes on rich people. Abortion is legal. Obamacare is the law of the land. Gay people can marry. Social Security and Medicare are unchanged from 2012 or 2008. Deficits are massive. Discretionary spending is at all-time highs. Millions of undocumented immigrants still live in the USA. On every single issue that you defended the necessity of the election of Mitt Romney seven years ago, Romney's position has lost and Obama's has won. I would ask "well why the ******** are you so happy?" but we all knew that the answer was that you don't believe in any of the policies you purport to support. The only logical explanation for you overlooking EVERYTHING you can be quoted for believing in is the good economy, and your optimism that no policy tools are needed for the next recession. I wish I could force you to acknowledge your hypocrisy and make you engage in some introspection, but the Woke Brigade here get mad at me when I attack anyone, regardless of political ideology, for stubbornly believing in falsehoods and hypocrisy.
No major policy, but lots of things are different under Trump due to executive decisions (remember when those were bad under Obama), if things were the same as you paint above, liberal voters would not be so triggered.
But like, no, you're just wrong here. I could go back and forth with you, forcing you to name an issue that is even marginally different than 2013, but that is such a waste of time, especially since you had a post already to elaborate on your claim and did not. I'm sorry this comes off as rude but nothing has changed. We have a bully who tweets a lot. That's all.
Is it? Every time his trade policies have been prepared to really hurt consumers, he backs off. The bluster blows the reality way out of proportion.
Apparently you have me confused with someone else. Yes, I like lower taxes, but I don't care if gays want to get married. I subscribe to the Kinky Friedman philosophy and gays have the right to be as miserable as the rest of us. I am also not against abortion, although I do think the third trimester is not the time to decide your aren't ready for a baby. The best way to cut the deficit is top stop spending money on stupid shit. But by all means, keep projecting rather than read what I actually post.
No Pacific free trade, but Clinton was iffy about that, so perhaps no difference there, plus it was the status quo, so be it. Trade tariffs were implemented by Obama in some cases, but the scale now is different. The Israel embassy is in Jerusalem, I doubt that if Biden or Warren win in 2020 that they will move it back, Sanders perhaps would, he does have some cover to the attacks if he does. Treatment of Immigrants at the border is different today than before, that has changed, but not by permanent policy. Environmental protections have been rolled back, but again by executive policy, so this can easily get changed with a new President. I do agree with you that no legislative policy outside the tax cuts has been approved under this administration, any change has been executive and so they can be rolled back if a democrat wins in 2020. And the Syrian Kurds lost "their" land in Syria, but they were going to be back stabbed by the USA eventually anyways, so perhaps no big difference here.
Heh? I didn't vote for Trump, why do I have explain why every American is better off under his administration, despite the dire predictions back in 2016. Perhaps you should should do some 'splaining Lucy.
I'm sure all of the Jews, Arabs, Muslims, Sheiks, Immigrants, basically anyone not white, plus the millions kicked off healthcare, the 100K+ jobs shipped over seas, the poor breathing dirtier air, drinking shit water, all appreciate their new higher living standards under IO. The economy has been so wonderful for the average person living here that we are poorer now than before he was sworn in. Can the winning stop already?
Maybe not every American. Particularly those who can't pass the paper bag test and those who aren't at least a millionaire... And all those people who are victims of hate crimes by the emboldened racist elements that Trump goes out of his way to encourage.
In truth I don't believe either side of this discussion, as it relates to economics. Things are pretty much as they were under Obama, with the same long-term trends of greater wealth disparity, globalization, the gradual erosion of benefits due to gig arrangements, white working-class resentment, and so forth. And the shorter-term trends of moderate job and GDP growth. If you gave a data analyst the U.S. economic figures for the decade 2010-19, and said that this occurred under two Presidents, the data analyst would never be able to figure out when one President ended and the other started if (s)he did not know that information already. So it's the same country, except more hostile to each other and divided because Trump's nature is to divide and attack. Plus there's a serious threat to democracy because Trump, and thus Trump's supporters, fundamentally does not believe in democracy as the Founding Fathers envisioned it. He does not, and they do not. That cannot be denied.
Like hell the economy is doing well. Just a quick drive a mile off the Interstate in any direction should answer that question. Rural America is boarded up and closed.
Part of that is because we are no longer a rural society. Creative destruction doesn't mean the economy is bad on its own. It is only when coupled with such staggering inequality. tl;dr version: we don't disagree.
That's not what I hear when I read those "Trump voters in diners" stories. Their comments tend to be, "Well yeah he's crass and such, but man you can't argue with the results." They make it sound as if their local economies are booming. I don't believe a word of it, but hey, that's what the people are saying in those stories.
Short answer is, they're nuts. Or working in elder health care. They could conceivably be the lucky ones getting their subsidy checks after the tariff debacle. Or they could be middle managing for Big Ag. Or they could own a gun shop, I guess. But they aren't making money in their little family farms. I've never seen so much corn rotting in the fields.
Interesting discussion. As Brummie said, most of the problems are exacerbated by inequality and that applies to both rural and urban populations. The ironic part is that Trump supporters have been hurt almost as much as the rest of the population by Republican policies, yet they continue to rally behind him. It's almost as if economic anxiety was some notion made up by pundits trying to justify other less appealing traits of those demographics.
Q1 2016. Obviously "the economy" knew that Trump would get elected 1 year before and started to grow steadily since then https://www.statista.com/statistics...-from-preceding-period-in-real-gdp-in-the-us/
How much of that do you think is related to Trump tariffs, and how much to the secular decline in family farming?
Ha, that's a good test of my assertion. For my taste, I'd split that graph into two sections, the one before the highest bar, which I would call "the weak period" and the one from that onwards, which I would call "the strong period." If so, we'd have 11 quarters of the strong period under Obama and 10 under Trump, and my takeaway would be "It took Obama a while to get the hang of it, but eventually he became about as good as Trump." Not that I believe a word of that narrative since I don't think Presidents control such things, just playing the game that I in fact started.
Trump and Fox News told them the economy is doing great. Thus the economy is doing great. I'm pretty sure that's the gist of it.