Tiberius Posted August 16, 2019 Posted August 16, 2019 6 minutes ago, Gary M said: better title "what will the dems do for the next 5 years"? Why?
3rdnlng Posted August 16, 2019 Posted August 16, 2019 7 minutes ago, Gary M said: better title "what will the dems do for the next 5 years"?
row_33 Posted August 16, 2019 Posted August 16, 2019 1 hour ago, Gary M said: better title "what will the dems do for the next 5 years"? absolutely nothing !!! sock it to me now...
Foxx Posted August 16, 2019 Posted August 16, 2019 2 hours ago, Tiberius said: Obama's popularity was based upon competence, integrity and decency. None of those things apply to Trump. Trump's ignorance, cruelty and incompetence seem to be his endearing factors. 1 1
Tiberius Posted August 16, 2019 Posted August 16, 2019 37 minutes ago, Foxx said: Was that guy laughing at Obamas winning a second term? Trump will be so angry if he loses. A loser
LB3 Posted August 16, 2019 Posted August 16, 2019 1 minute ago, Tiberius said: Was that guy laughing at Obamas winning a second term? Trump will be so angry if he loses. A loser If he wins though, that makes him a winner. Bigly!
Albwan Posted August 16, 2019 Posted August 16, 2019 6 hours ago, ShadyBillsFan said: more layoffs Cisco Layoffs 2019: 500 Lose Jobs In Engineering At San Jose And Milpitas Lowe’s Layoffs 2019: 12 Things to Know Abou… IBM Layoffs 2019: 12 Things to Know About th… AT&T Layoffs 2019: Job Cuts to Affect Employ… /clap clap ... dems must be starting to get that thrill up their leg, this time, again, ITS HAPPENING!!!!!
Tiberius Posted August 16, 2019 Posted August 16, 2019 7 minutes ago, LBSeeBallLBGetBall said: If he wins though, that makes him a winner. Bigly! You think Trump is more competent than Obama? Honestly?
Foxx Posted August 16, 2019 Posted August 16, 2019 3 minutes ago, Tiberius said: You think Trump is more competent than Obama? Honestly? honestly. 2
3rdnlng Posted August 16, 2019 Posted August 16, 2019 7 hours ago, 3rdnlng said: Gleeful Shady, it seems like you're doing a little jig here reveling in what you can claim is a sinking economy. Here is what you failed to mention in each of those articles: Cisco is restructuring and may hire those that are laid off in another division Lowe's is outsourcing their assembly operations. No net loss of jobs. IBM may be laying off 1700 of its 340,000 worldwide employees but they may also be picking up 13,000. AT&T article was from 7 months ago. You are a dishonest poster with an agenda. Gleeful Shady seems like a pretty good moniker for you. I SEE GLEEFUL SHADY IS TOO MUCH OF A CHICKENSHIT TO FACE THE MUSIC FOR HIS DISHONEST POSTING EARLIER. DOES IT SURPRISE ANYONE?
Koko78 Posted August 16, 2019 Posted August 16, 2019 4 minutes ago, 3rdnlng said: I SEE GLEEFUL SHADY IS TOO MUCH OF A CHICKENSHIT TO FACE THE MUSIC FOR HIS DISHONEST POSTING EARLIER. DOES IT SURPRISE ANYONE? He pretty well proved yesterday that he's a dishonest douchebag who runs from anyone who questions his patently-false assertions. He has yet to back up his claim of illegal immigrants being 'falsely arrested', simply because they were released on their own recognizance with a date to return to immigration court.
Foxx Posted August 16, 2019 Posted August 16, 2019 https://twitter.com/TheLastRefuge2/status/1162445773755310081 2
3rdnlng Posted August 16, 2019 Posted August 16, 2019 5 minutes ago, Foxx said: https://twitter.com/TheLastRefuge2/status/1162445773755310081 I wonder if she has ever heard of the Logan Act?
Tiberius Posted August 16, 2019 Posted August 16, 2019 2 hours ago, Foxx said: honestly. Lol, no you don't. You are just being stubborn
Foxx Posted August 16, 2019 Posted August 16, 2019 17 minutes ago, Tiberius said: Lol, no you don't. You are just being stubborn i guess you now know my opinion of Obama.
DC Tom Posted August 17, 2019 Posted August 17, 2019 3 hours ago, 3rdnlng said: I wonder if she has ever heard of the Logan Act? Congresscritters aren't bound by the Logan Act. They can meet with foreign leaders, even overseas, as part of their 'authority" to "investigate" for "legislative" reasons. Of course, that's not why the Democrats do it...because Democratics think Congress is an advocacy group, not a legislative body. (And another reminder: Pelosi met with Assad in 2007 as Speaker of the House, specifically to undermine Bush's foreign policy. Just because she has broad latitude for this, doesn't mean she's not abusing it. And she's not the only one to abuse it - Obama's 2008 Presidential campaign include a swing through Western Europe meeting with world leaders.) 1
TPS Posted August 17, 2019 Posted August 17, 2019 (edited) On 8/16/2019 at 11:38 AM, GG said: I think you have to revisit your cause and effect arguments in this thread. Trennert (and I) are not claiming that MMT will be the cause of the US losing its economic supremacy. We're saying that people shouldn't treat MMT as a free lunch, because it will come back to bite IF the US starts to lose its supremacy. The US has already given up its economic supremacy, and, as I stated, it has nothing to do with MMT. The economic demise is inevitable, and it is usually associated with finance becoming the dominant "industry," an industry that produces no tangible good. Quote Let's go back to the original question that prompted the voluminous responses. The question was basic, why didn't QE cause inflation when the move is fundamentally inflationary? The answer was simple - because the timing of the move was in the aftermath of a major recession and the markets knew that the strength of the US economy could easily withstand the infusion of liquidity. It had nothing to do with Fed's accounting treatment of how QE was deployed into the markets. Please explain why QE is "fundamentally inflationary." As I've suggested, your errors seem to stem from not understanding the causes of inflation, so please do explain. Quote Then the discussion turned to whether QE is sustainable over a long term, and that's where the warnings should sit. MMT is not pain free and works only when a country's currency and debt are used as a reference benchmark. That's why as a theory is doesn't work, because the cause and effect are reversed. If this was true, then please explain why there is no inflation in Japan. And "some day" is not an answer....do YOU have a theory? Quote It's economic baloney talk that frames private economic activity as driven by government actions, as opposed to government's finances driven by private markets' behavior. Until you recognize the correct order of economic activity that funds government coffers with real currency (whether in fiat cash or tangible assets) then this discussion will go nowhere. The statement that "deficit spending stimulates an increase in private sector wealth creation" is not the same thing as saying "all private sector wealth creation depends on government actions." I'll say it again for you, government does not create wealth, but it does spur greater wealth creation by the private sector when it deficit spends because it puts more REAL resources to work (like the Raytheon example). As TRump has shown, government does not have to tax to spend more on Raytheon's "products; in fact, he cut taxes AND increased defense spending--he increased the level of deficit spending! (I wonder how Raytheon's share prices reacted to Trump's increase in defense spending...?) Yes, the discussion will go nowhere because you don't understand the nature of the argument, as that second sentence indicates. Where does money come from? How do people and firms pay their taxes? Quote It's the perverse logic of economists' misunderstanding of the private economy's contribution that leads a politician to stand in front of an entrepreneur who built his business with his bare hands and tell him that he's not the one who built that business. A complete straw man statement. Edited August 17, 2019 by TPS
Tiberius Posted August 17, 2019 Posted August 17, 2019 The failure of Trump's trade war, manufacturing already in recession. Fail Quote The risks of an economic recession are on the rise, but the country's manufacturing sector is already there. And for President Trump, who promised to end the “American carnage” of “rusted-out factories scattered like tombstones across the landscape of our nation,” that could be political trouble. The manufacturing sector shrunk by 1.9 percent in the first quarter of the year and another 1.2 percent in the second quarter. In July, it is estimated that it contracted 0.4 percent. A recession occurs when an economy contracts in two consecutive quarters. https://thehill.com/policy/finance/457771-manufacturing-shrinks-raising-questions-for-trump 46 minutes ago, TPS said: A complete straw man statement. From GG? No way! He's the guy saying the Athens and Rome were hurt by their debts. Can you get him to answer to that in any detail at all. I'd be grateful 1
Koko78 Posted August 17, 2019 Posted August 17, 2019 5 hours ago, Tiberius said: Keep praying for that economic collapse!
TPS Posted August 18, 2019 Posted August 18, 2019 I think this is a mostly fair assessment of Trump's predicament with the economy. https://news.yahoo.com/recession-signs-worry-trump-ahead-213427540.html Quote Trump has taken to blaming others for the recession fears, mostly the Federal Reserve, which he is pushing for further interest rate cuts. Yet much of the uncertainty in the markets stems from his own escalation of a trade war with China, as well as weakened economies in key countries around the world. Some of Trump's closest advisers have urged him to lower the temperature of the trade dispute, fearing that further tariffs would only hurt American consumers and rattle the markets further. The president blinked once this week, delaying a set of tariffs in an effort to save Christmas sales .
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