Tiberius Posted August 22, 2019 Posted August 22, 2019 No surprise, the guy who bankrupted casinos is screwing up the US economy CNBC reports: “Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battle, citing the issue multiple times during discussions at the central bank’s July meeting. Members spoke about trade on multiple occasions, saying it was one of the chief headwinds for the economy, according to meeting minutes released Wednesday.” And I thought the Trump tax cut was going to spur business investment? (“Tariffs and generally slower economic conditions combined ‘could have significant negative effects on the U.S. economy’ while a softness in business investment was ‘pointing to the possibility of a more substantial slowing in economic growth than the staff projected.’”
Deranged Rhino Posted August 22, 2019 Posted August 22, 2019 Just now, B-Man said: RECESSION LUST: A coordinated media campaign designed to prove Trump is a racist failed in 2016. A coordinated media campaign designed to prove Trump actively conspired with Russia to steal the election was launched in its place and lasted from 2017-2019 before being proven to be complete fiction. Now... A coordinated media campaign designed to convince you a recession is happening (without evidence) has been launched with a return to the "Trump's a racist" on deck. Tell us again the media's agenda is truth. (They're control for the establishment, nothing more.) 4 1
TPS Posted August 22, 2019 Posted August 22, 2019 52 minutes ago, GG said: Data without context is just a collection of numbers. Tell me which hat you wore for each Summer of Recovery?™️©️ The context is "True Trump Believers" think his policies have been extraordinary, but the truth (the data) is there is no statistical difference in most trends, and his one good year of GDP growth was stimulated in the good ol' Keynesian deficit spending (?) way.... 1
Buffalo_Gal Posted August 22, 2019 Posted August 22, 2019 3 hours ago, plenzmd1 said: @Buffalo_Gal, I have not read this report, but thought you may be interested in their early findings. Madeline is a good HR tech analyst and she is not as easily bought as Garner, Averbrook, and Bersin etc by HR Tech companies..so her research i tend to trust more than the big guys in this space. Will update I would like to read the report when it comes out. I think 33% is a tad high (I don't know anyone, of any age, that works two jobs right now, but I am just one person). It would be interesting to see the final report. 1
plenzmd1 Posted August 22, 2019 Posted August 22, 2019 (edited) 1 hour ago, Deranged Rhino said: Now... A coordinated media campaign designed to convince you a recession is happening (without evidence) has been launched with a return to the "Trump's a racist" on deck. Tell us again the media's agenda is truth. (They're control for the establishment, nothing more.) Hold on..are you saying that 1) Trump saying his trade policies could cause a short recession is a media campaign? 2) Trump saying he was considering further payroll tax cuts was a media campaign? 3) the CBO budget numbers saying the deficit is exploding is a media campaign? 4) the BEA's GDP numbers are a media campaign? 5) The Federal Reserve in claiming manufacturing is slowing down and in a a technical recession is cooking the books for the medias purposes https://www.marketwatch.com/story/us-industrial-production-slumps-in-second-quarter-2019-07-16 6) The stock market being sideways for two years are made up numbers form the media..stocks really are higher they just not reporting it? I mean damn DR, i know you like to claim you are not a Trump guy, but to claim Trump did not say what he said, and the numbers are the economy are somehow made up to hurt Trump is not a stretch, its freaking delusional no? Can there ever be an admission on your part tha not t EVERYTHING is nirvanna now that Trump is POTUS? We may or may not enter a recession, and one can argue exploding deficits and MMT and the effects etc, but to claim economic numbers are a made up media campaign against Trump??? as they used to say on ESPN...CMOn Man!!!! Edited August 22, 2019 by plenzmd1
meazza Posted August 22, 2019 Posted August 22, 2019 1 hour ago, Deranged Rhino said: A coordinated media campaign designed to prove Trump is a racist failed in 2016. A coordinated media campaign designed to prove Trump actively conspired with Russia to steal the election was launched in its place and lasted from 2017-2019 before being proven to be complete fiction. Now... A coordinated media campaign designed to convince you a recession is happening (without evidence) has been launched with a return to the "Trump's a racist" on deck. Tell us again the media's agenda is truth. (They're control for the establishment, nothing more.) I wouldn't say that the fact that a recession is on the horizon is without evidence. 2
GG Posted August 22, 2019 Author Posted August 22, 2019 57 minutes ago, TPS said: The context is "True Trump Believers" think his policies have been extraordinary, but the truth (the data) is there is no statistical difference in most trends, and his one good year of GDP growth was stimulated in the good ol' Keynesian deficit spending (?) way.... Trump didn't do anything extraordinary, other than pick the low hanging economic fruit that the Obama Summers of Recovery ©️™️ failed to deliver. It wasn't long ago that we were told to get used to perpetual sub 3.0% GDP growth rates and swooning labor participation rates of an aging country. Funny how the narrative changed. The context is that the most tepid recovery after a recession was running out of steam by 2016, and the renewed expansion was due to nothing more than allowing the private sector to do what it does best. To borrow a phrase, the government didn't build it. 12 minutes ago, meazza said: I wouldn't say that the fact that a recession is on the horizon is without evidence. You would be correct 2
row_33 Posted August 22, 2019 Posted August 22, 2019 25 minutes ago, GG said: Trump didn't do anything extraordinary, other than pick the low hanging economic fruit that the Obama Summers of Recovery ©️™️ failed to deliver. It wasn't long ago that we were told to get used to perpetual sub 3.0% GDP growth rates and swooning labor participation rates of an aging country. Funny how the narrative changed. The context is that the most tepid recovery after a recession was running out of steam by 2016, and the renewed expansion was due to nothing more than allowing the private sector to do what it does best. To borrow a phrase, the government didn't build it. You would be correct nice try
Deranged Rhino Posted August 22, 2019 Posted August 22, 2019 23 minutes ago, meazza said: I wouldn't say that the fact that a recession is on the horizon is without evidence. On the horizon? Sure. A recession is always on the horizon. But it's not here now. Which is what large swaths of the establishment media are implying and pushing. 27 minutes ago, plenzmd1 said: Hold on..are you saying that I'm saying that the very same people, organizations, outlets, and newspapers who were just proven to have been lying for the past three years about a complete fiction should be called out for what they are. They're not journalists. Their interest is not truth. Their interest is not you or me or the country's well being. Their interest is in controlling the narrative for the benefit of the establishment. The same establishment whom Trump is thumping all over the globe. Hence the uptick in hysteria and lies. 2
GG Posted August 22, 2019 Author Posted August 22, 2019 1 minute ago, row_33 said: nice try Do your synapses ever produce a point? 1 minute ago, Deranged Rhino said: On the horizon? Sure. A recession is always on the horizon. But it's not here now. Which is what large swaths of the establishment media are implying and pushing. Show me where any semi-rational commentator has said that we're in a recession now.
Deranged Rhino Posted August 22, 2019 Posted August 22, 2019 3 minutes ago, GG said: Show me where any semi-rational commentator has said that we're in a recession now. That would require me to find a semi-rational commentator. The ones making those claims are no such thing. https://video.foxnews.com/v/6074874938001/#sp=show-clips
plenzmd1 Posted August 22, 2019 Posted August 22, 2019 5 minutes ago, Deranged Rhino said: On the horizon? Sure. A recession is always on the horizon. But it's not here now. Which is what large swaths of the establishment media are implying and pushing. I'm saying that the very same people, organizations, outlets, and newspapers who were just proven to have been lying for the past three years about a complete fiction should be called out for what they are. They're not journalists. Their interest is not truth. Their interest is not you or me or the country's well being. Their interest is in controlling the narrative for the benefit of the establishment. The same establishment whom Trump is thumping all over the globe. Hence the uptick in hysteria and lies. so, you wont answer my question? How are the economic numbers a media creation?
GG Posted August 22, 2019 Author Posted August 22, 2019 1 minute ago, Deranged Rhino said: That would require me to find a semi-rational commentator. The ones making those claims are no such thing. https://video.foxnews.com/v/6074874938001/#sp=show-clips The video is a recap of morons pining for a recession, not anyone who understands the topic saying that we're in a recession. 1
Deranged Rhino Posted August 22, 2019 Posted August 22, 2019 Just now, plenzmd1 said: so, you wont answer my question? How are the economic numbers a media creation? I did answer it. The real question is why do people keep buying what the media's selling when they've been proven time and time again to be full of Schiff? * WMD in Iraq requires war on a credit card * Patriot Act is necessary to protect us from "terrorists" * Mass Surveillance of Americans doesn't happen, it's a conspiracy theory * 2016 Election prognostications * Trump/Russia conspiracy They think we're stupid. 2 1
TPS Posted August 22, 2019 Posted August 22, 2019 34 minutes ago, GG said: Trump didn't do anything extraordinary, other than pick the low hanging economic fruit that the Obama Summers of Recovery ©️™️ failed to deliver. It wasn't long ago that we were told to get used to perpetual sub 3.0% GDP growth rates and swooning labor participation rates of an aging country. Funny how the narrative changed. The context is that the most tepid recovery after a recession was running out of steam by 2016, and the renewed expansion was due to nothing more than allowing the private sector to do what it does best. To borrow a phrase, the government didn't build it. You would be correct 2017 = 2.4% 2018 = 2.9% So when can we expect growth above 3%?
plenzmd1 Posted August 22, 2019 Posted August 22, 2019 (edited) 27 minutes ago, Deranged Rhino said: I did answer it. The real question is why do people keep buying what the media's selling when they've been proven time and time again to be full of Schiff? * WMD in Iraq requires war on a credit card * Patriot Act is necessary to protect us from "terrorists" * Mass Surveillance of Americans doesn't happen, it's a conspiracy theory * 2016 Election prognostications * Trump/Russia conspiracy They think we're stupid. again..CMON MAN!!!!!You answered nothing. We are talking the economy .the numbers are the freaking numbers are you saying the Fed made up the manufacturing numbers for the first two quarters the CBO is making up the deficit numbers the BEA is making up the GDP Numbers The media created a hologram of Trump sayin a short trem recsion is possible and he is considering addtional payroll tax cuts The media cabal/power elites really are enjoyin stellar returns on their portfolis the last two years as pissants like me wtah zero growth in almost two years on my index funds, and the bond graphs that show a poop ton of people would rather tie up thier money for 10 years at a rate lower than the retun in two years is a media fabrication? That is one hell of a conspiracy theory even for you?!!!!!! Edited August 22, 2019 by plenzmd1
Deranged Rhino Posted August 22, 2019 Posted August 22, 2019 18 minutes ago, plenzmd1 said: again..CMON MAN!!!!!You answered nothing. We are talking the economy .the numbers are the freaking numbers are you saying the Fed made up the manufacturing numbers for the first two quarters the CBO is making up the deficit numbers the BEA is making up the GDP Numbers The media created a hologram of Trump sayin a short trem recsion is possible and he is considering addtional payroll tax cuts The media cabal/power elites really are enjoyin stellar returns on their portfolis the last two years as pissants like me wtah zero growth in almost two years on my index funds, and the bond graphs that show a poop ton of people would rather tie up thier money for 10 years at a rate lower than the retun in two years is a media fabrication? That is one hell of a conspiracy theory even for you?!!!!!! That's not what I'm saying. What I'm saying is you're witnessing (yet another) influence campaign designed to sow fear, division, and to "get Trump". When the recession hits, we can talk. Until then, the sudden turn to 11 in volume on this issue is tied directly to the media's failure to make Trump/Russia stick or Trump=Racist stick in the minds of voters. ....Voters. Not readers. Not citizens. Their goal is not to inform or pursue truth. It's to control your mind. Stop letting them. 2
Benjamin Franklin Posted August 22, 2019 Posted August 22, 2019 37 minutes ago, Deranged Rhino said: I did answer it. The real question is why do people keep buying what the media's selling when they've been proven time and time again to be full of Schiff? * WMD in Iraq requires war on a credit card * Patriot Act is necessary to protect us from "terrorists" * Mass Surveillance of Americans doesn't happen, it's a conspiracy theory * 2016 Election prognostications * Trump/Russia conspiracy They think we're stupid. This is a “big boy” thread. You should stick to your lane. There are accumulating signs that the growth we’ve been experiencing is slowing. It’s not a conspiracy. It is numbers. For others, do you share the concerns that except for reducing tariffs, there may be fewer options to veer out of a recession when it comes? (Bernie’s 4T gem of a green plan couldn’t have come out at a better time. Hopefully the economy is still front and center when all these BS free tuition free everything plans get debated.)
Deranged Rhino Posted August 22, 2019 Posted August 22, 2019 Thanks for the advice. I prefer to take advice from people who've proven themselves capable of giving it and honest. You're neither.
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