Announcement

Collapse
No announcement yet.

It's The Economy Stupid?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • It's The Economy Stupid?

    It appears that Trump is inept in foreign affairs and awareness and is not an economist.

    https://www.cnn.com/2019/08/15/polit...aos/index.html
    'President Donald Trump is showing what happens when the United States abandons its decades-long role as a guarantor of stability and instead chooses to act as an agent of global disruption.'
    'A series of economic and political shocks are fomenting disorder across the planet and straining an international political system that Trump deliberately set out to undermine.'

    'Trump did not cause all these crises. But his actions or unwillingness to temper them did deepen the discord in many cases. And his refusal to play the kind of stabilizing leadership role expected of a US president is fomenting power vacuums and may convince key protagonists in each drama that they may not face the kinds of consequences they might normally expect from Washington.''
    We are not now that strength which in old days
    Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
    Made weak by time and fate but strong in will
    To strive to seek to find and not to yield.

  • #2
    Only took Trump 3 years to destroy Obama's economy. This is just another one of Obama's legacies that Trump wanted to destroy.

    Vote republican if you like recessions and turmoil. I think the same thing happened with the previous republican president. I sense a trend.

    Comment


    • #3
      Originally posted by inevtiab1e View Post
      Only took Trump 3 years to destroy Obama's economy. This is just another one of Obama's legacies that Trump wanted to destroy.

      Vote republican if you like recessions and turmoil. I think the same thing happened with the previous republican president. I sense a trend.
      Rose is the new red State…..glasses, that is.....
      Last edited by marktwain; 15 Aug 19, 13:25.
      The trout who swims against the current gets the most oxygen..

      Comment


      • #4
        Originally posted by inevtiab1e View Post
        Only took Trump 3 years to destroy Obama's economy. This is just another one of Obama's legacies that Trump wanted to destroy.

        Vote republican if you like recessions and turmoil. I think the same thing happened with the previous republican president. I sense a trend.
        That would be the Obama economy that ran enough large Deficits to double our National Debt in eight years, from what had taken nearly 200 to accumulate before he took office.
        https://www.usdebtclock.org/

        Comment


        • #5
          Originally posted by marktwain View Post

          Rose is the new red State…..glasses, that is.....
          More like the new Blue State if you happen to live in mine where our dominating "Blue Team" thinks they can increase "family wage jobs"(however one wants to define such) by increasing regulations, restrictions, and taxes that drive out businesses and industries and discourage others from coming here. Along with squandering the State's fiscal surplus and then running up more debt.

          They seem to think that wealth grows on trees and haven't learned yet that "free stuff costs more".

          Comment


          • #6
            Originally posted by G David Bock View Post

            More like the new Blue State if you happen to live in mine where our dominating "Blue Team" thinks they can increase "family wage jobs"(however one wants to define such) by increasing regulations, restrictions, and taxes that drive out businesses and industries and discourage others from coming here. Along with squandering the State's fiscal surplus and then running up more debt.

            They seem to think that wealth grows on trees and haven't learned yet that "free stuff costs more".
            give it a rest, G David

            The trout who swims against the current gets the most oxygen..

            Comment


            • #7
              Originally posted by Massena View Post
              It appears that Trump is inept in foreign affairs and awareness and is not an economist.

              https://www.cnn.com/2019/08/15/polit...aos/index.html
              'President Donald Trump is showing what happens when the United States abandons its decades-long role as a guarantor of stability and instead chooses to act as an agent of global disruption.'
              'A series of economic and political shocks are fomenting disorder across the planet and straining an international political system that Trump deliberately set out to undermine.'

              'Trump did not cause all these crises. But his actions or unwillingness to temper them did deepen the discord in many cases. And his refusal to play the kind of stabilizing leadership role expected of a US president is fomenting power vacuums and may convince key protagonists in each drama that they may not face the kinds of consequences they might normally expect from Washington.''
              That next paragraph presents an insight to the conundrum;
              " The President's worldview is rooted in his enduring belief that the world has been ripping America off for generations and that strength and unilateral US action are the only way to restore respect. He believes engagement abroad inevitably leads to costly commitments and bloody disasters like the Iraq War. "

              That last a part of the concern. Should we be "drawing lines in the sand" telling other nations not to cross and then doing nothing when they do, such as the previous Admin. did often?

              Speaking of the previous Admin. they turned their back on the Green Revolution in Iran, which might have resulted in more friendly change of regime, while planting seeds for the "Arab Spring" which became a springboard for more violence, discord and expansion of Islamism, helping to create much of current global instability and unrest.

              Obama's terms as POTUS created some extensive and complicated messes around the world that have no quick and simple solutions.

              More correctly might be that the World has gotten too use to the USA carrying some of their freight and it's time now for them "huck their own ruck" so to speak. Ironic that those whom think Trump has made the USA into Russia's "tool" despite continued sanctions against Russia, would have no qualms about the USA continuing to be getting the short end of the stick from China, letting China continue to get the better side of the deal and advantage in trade?

              As for being an "economists", most of those I've know never ran a profitable business nor created much wealth. Most tend to be government workers and it's hard to take serious someone whom spends the bulk of their career drawing a guv'mint paycheck, living off the taxpayers and being clueless on how to create wealth.

              Comment


              • #8
                Originally posted by marktwain View Post

                give it a rest, G David
                Only a brief one since I've commitments for the rest of the day to attend.
                Otherwise, I'll "give it a rest", Reg. S., when the others do.

                Comment


                • #9
                  Good place to park this for the moment;
                  The Last of the Ayn Rand Acolytes

                  This year's Objectivist Conference revealed that her cult of hyper-capitalism has a major recruiting problem: All the young people want to be socialists!

                  ...
                  https://newrepublic.com/article/1547...=pocket-newtab

                  Comment


                  • #10
                    Originally posted by G David Bock View Post

                    Only a brief one since I've commitments for the rest of the day to attend.
                    Otherwise, I'll "give it a rest", Reg. S., when the others do.
                    No, seriously.|You have your opinions, I've got mine, and I've lost intreat in 'circle debating."
                    The trout who swims against the current gets the most oxygen..

                    Comment


                    • #11
                      Originally posted by G David Bock View Post

                      That would be the Obama economy that ran enough large Deficits to double our National Debt in eight years, from what had taken nearly 200 to accumulate before he took office.
                      https://www.usdebtclock.org/
                      You don't understand the economy. How much of that debt was from the Bush wars that were never paid for? I get it, your media lied to you for 8 years under Obama. Don't be so vulnerable to propaganda.

                      Comment


                      • #12
                        Originally posted by marktwain View Post

                        No, seriously.|You have your opinions, I've got mine, and I've lost intreat in 'circle debating."
                        Well then don't.

                        As I've pointed out often here, just because I "quote" someone's post doesn't mean I expect them to respond. "they" and I aren't the only ones reading and posting on a topic and if a poster provides a case that I view as inaccurate, prejudiced, biased, or illogical my using that as the launch point for a countering position/post is as much for the other readers,if not more, than for the one whose post was "quoted".

                        Further more, telling someone to not post or stop discussing/replying to a topic is an expression of censorship and curtail of free speech and tends to be the trademark of the loonie-left~liberal sorts whom want to control and dominate the dialogue and suppress any opposing positions. Sound like any historical examples and precedents to you?

                        And to wrap this back to your desires, I don't expect you to respond/reply; again I present for the benefit of any others reading here whom might be inclined towards your censoring attempt, to show where it's not the sort of exchange, and constrain, this forum exists for.

                        Comment


                        • #13
                          Originally posted by inevtiab1e View Post
                          You don't understand the economy. How much of that debt was from the Bush wars that were never paid for? I get it, your media lied to you for 8 years under Obama. Don't be so vulnerable to propaganda.
                          You ignore reality. The economy tanked right after Obama was elected. Obama and the Democrat's solution to that was to spend wildly on a credit card for all intents. They borrowed over a Trillion dollars to supposedly stimulate the economy with "shovel ready" projects. Most of that trillion went into crappola that had ZERO return on investment.
                          So, the national debt went up by a trillion overnight and the US had little to show for it. So much for Keynesian economics...

                          Obama continued to spend big on things like trying to shift to a "green" economy only to have that tank massively as well. Thus in eight years an economic illiterate and is allies in Congress massively increased the national debt with nothing to show for it.

                          Comment


                          • #14
                            Originally posted by T. A. Gardner View Post

                            You ignore reality. The economy tanked right after Obama was elected..
                            Obama got inaugurated in 2009, the recession had been going for over a year before that.

                            Comment


                            • #15
                              Originally posted by T. A. Gardner View Post

                              You ignore reality. The economy tanked right after Obama was elected. Obama and the Democrat's solution to that was to spend wildly on a credit card for all intents. They borrowed over a Trillion dollars to supposedly stimulate the economy with "shovel ready" projects. Most of that trillion went into crappola that had ZERO return on investment.
                              So, the national debt went up by a trillion overnight and the US had little to show for it. So much for Keynesian economics...

                              Obama continued to spend big on things like trying to shift to a "green" economy only to have that tank massively as well. Thus in eight years an economic illiterate and is allies in Congress massively increased the national debt with nothing to show for it.
                              The economy tanked in 2008. Like it or not, the economy and the markets steadily improved under Obama and Trump has taken credit for the whole thing, which once again is Trump nonsense.
                              We are not now that strength which in old days
                              Moved earth and heaven; that which we are we are; One equal temper of heroic hearts
                              Made weak by time and fate but strong in will
                              To strive to seek to find and not to yield.

                              Comment

                              Latest Topics

                              Collapse

                              Working...
                              X