Tiberius Posted August 28, 2019 Posted August 28, 2019 Well, they mostly voted for Trump! So... ifying some of the toughest farm conditions since the crisis that bankrupted thousands of farmers in the 1980s — and threatening a constituency crucial to his reelection hopes. The president’s trade policies have sent U.S. agricultural exports plunging, exacerbating already difficult economic conditions facing farmers. Average farm income has fallen to near 15-year lows under Trump, and in some areas of the country, farm bankruptcies are soaring. https://www.politico.com/story/2019/02/06/farm-crisis-trump-trade-policies-1147987
Buffalo_Gal Posted August 29, 2019 Posted August 29, 2019 Updated numbers for Q2: </snip>Despite the resilience consumers are showing, the overall economic picture is weakening. The gross domestic product, the broadest gauge of economic health, advanced at a moderate 2% annual rate in the April-June quarter, the government said Thursday, down from a 3.1% gain in the first quarter. Thursday's revised figure for last quarter was slightly lower than the government's initial estimate of 2.1% annual growth. </snip> The biggest factor in the government's downward revision for the April-June quarter was a smaller gain in spending by state and local governments and fewer export sales. American exports have been hurt by the retaliatory tariffs China and other countries have imposed on U.S. soybeans and other products. That drop was offset by the increase in consumer spending to a rate of 4.7%, up from an initial estimate of 4.3%. </snip> A survey last week found that 74% of business economists now believe a new recession will begin by the end of 2021 with 38% saying the downturn will start even sooner, in 2020. Mark Zandi, chief economist at Moody's Analytics, said he is not forecasting a recession in the next 18 months but he said one can't be ruled out with the greatest risk coming from Trump's trade war with China. </snip> 1
plenzmd1 Posted August 29, 2019 Posted August 29, 2019 On 8/27/2019 at 5:39 PM, OldTimeAFLGuy said: .......isn't China's economy in its worst shape since 1992 and the Asian markets in turmoil?...... Tells me all i need to know about your comprehension of markets, economies , strategic growth etc plans that you are happy about a bad Chinese economy..just wow
OldTimeAFLGuy Posted August 29, 2019 Posted August 29, 2019 3 minutes ago, plenzmd1 said: Tells me all i need to know about your comprehension of markets, economies , strategic growth etc plans that you are happy about a bad Chinese economy..just wow ........my your nylons are all knotted up there Big Dawg.......I asked a DAMN question PERIOD with NO inference....don't fall off that high horse...long way down.....how sad.. 1
plenzmd1 Posted August 29, 2019 Posted August 29, 2019 18 minutes ago, OldTimeAFLGuy said: ........my your nylons are all knotted up there Big Dawg.......I asked a DAMN question PERIOD with NO inference....don't fall off that high horse...long way down.....how sad.. okie dokie...no inference..? .again thanks for letting me know your understanding of current markets!
3rdnlng Posted August 30, 2019 Posted August 30, 2019 10 hours ago, plenzmd1 said: Tells me all i need to know about your comprehension of markets, economies , strategic growth etc plans that you are happy about a bad Chinese economy..just wow This I can tell you. If we are in a trade war with China and want to win, then China doing poorly is a necessity.
bbb Posted August 30, 2019 Posted August 30, 2019 6 hours ago, 3rdnlng said: This I can tell you. If we are in a trade war with China and want to win, then China doing poorly is a necessity. Why do want a trade war and how do we know when we've won?
plenzmd1 Posted August 30, 2019 Posted August 30, 2019 9 hours ago, 3rdnlng said: This I can tell you. If we are in a trade war with China and want to win, then China doing poorly is a necessity. so if you win a "trade war" and the other guy cannot buy your stuff..what have you won? The right to jump up and down and say "we won"????? this is not a zero sum game
3rdnlng Posted August 30, 2019 Posted August 30, 2019 3 hours ago, bbb said: Why do want a trade war and how do we know when we've won? 27 minutes ago, plenzmd1 said: so if you win a "trade war" and the other guy cannot buy your stuff..what have you won? The right to jump up and down and say "we won"????? this is not a zero sum game I think all reasonable people would agree that China has not traded fairly with us and steals our intellectual property. We need a fair trade deal with them. That would be considered winning the trade deal. Winning the trade war would make it easier to buy our stuff. Plenz, I have a suggestion for you that might help you overcome your TDS: Ask yourself each time it flairs up if Obama did the same thing, would I object? 1 1
plenzmd1 Posted August 30, 2019 Posted August 30, 2019 2 hours ago, 3rdnlng said: I think all reasonable people would agree that China has not traded fairly with us and steals our intellectual property. We need a fair trade deal with them. That would be considered winning the trade deal. Winning the trade war would make it easier to buy our stuff. Plenz, I have a suggestion for you that might help you overcome your TDS: Ask yourself each time it flairs up if Obama did the same thing, would I object? Let me ask you this...what in the main do you think "wining " a trade war looks like? And its tiresome that every time someone fundamentally disagrees with Trump on something your standard retort is #TDS or #orangemanbad. Its lazy, and its just not true. On the economy, there are numbers to actually compare .I have fundamentally always thought Trump was fixing something that was broken..and breaking it in the process. I think the real question is if Obama was leading this economy, with 2.0% growth rate, skyrocketing deficits, protectionist views on trade, manufacturing in a technical recession...would you and all of MAGA be proclaiming what a great job he was doing? . Look at the post @Buffalo_Gal made, economy slowing down cause government spending is decreasing. Are you saying when Obama was president you were advocating for bigger government and bigger deficits?
row_33 Posted August 30, 2019 Posted August 30, 2019 (edited) 3 hours ago, 3rdnlng said: I think all reasonable people would agree that China has not traded fairly with us and steals our intellectual property. We need a fair trade deal with them. That would be considered winning the trade deal. Winning the trade war would make it easier to buy our stuff. Plenz, I have a suggestion for you that might help you overcome your TDS: Ask yourself each time it flairs up if Obama did the same thing, would I object? i believe there is a consideration amount of back-and-forth corporate and political espionage between China and the US, which is to be expected. the other side always seems to more dastardly.... the US is the only country in history where a high % of its own leaders and people and media knee-jerk blame their own country freely and publicly Edited August 30, 2019 by row_33
3rdnlng Posted August 30, 2019 Posted August 30, 2019 5 minutes ago, plenzmd1 said: Let me ask you this...what in the main do you think "wining " a trade war looks like? And its tiresome that every time someone fundamentally disagrees with Trump on something your standard retort is #TDS or #orangemanbad. Its lazy, and its just not true. On the economy, there are numbers to actually compare .I have fundamentally always thought Trump was fixing something that was broken..and breaking it in the process. I think the real question is if Obama was leading this economy, with 2.0% growth rate, skyrocketing deficits, protectionist views on trade, manufacturing in a technical recession...would you and all of MAGA be proclaiming what a great job he was doing? . Look at the post @Buffalo_Gal made, economy slowing down cause government spending is decreasing. Are you saying when Obama was president you were advocating for bigger government and bigger deficits? Winning a trade war is to get free or fair trade between the opponents. Since China restricts their markets and steals our intellectual property simply getting things to be fair is a win for the USA. For China to win the trade war they would have to either keep the status quo or make it go further in their favor. We, as a country, are paying the price economically for the trade war. It would be so much easier to just let things continue going on. Trump has rightly chosen to take on China at this point in time because our economy was so strong and we could weather the storm much more easily than China. This need for a correction in our trade with China has been going on for decades. We finally have a President with a plan and the balls to implement it and a bunch of people with TDS but no balls get their panties all in a bunch over #orangemanbad. 2 minutes ago, row_33 said: i believe there is a consideration amount of back-and-forth corporate and political espionage between China and the US, which is to be expected. the other side always seems to more dastardly.... the US is the only country in history where a high % of its own leaders and people and media knee-jerk blame their own country freely and publicly Sure, we're stealing China's innovations. 1
row_33 Posted August 30, 2019 Posted August 30, 2019 21 minutes ago, 3rdnlng said: Winning a trade war is to get free or fair trade between the opponents. Since China restricts their markets and steals our intellectual property simply getting things to be fair is a win for the USA. For China to win the trade war they would have to either keep the status quo or make it go further in their favor. We, as a country, are paying the price economically for the trade war. It would be so much easier to just let things continue going on. Trump has rightly chosen to take on China at this point in time because our economy was so strong and we could weather the storm much more easily than China. This need for a correction in our trade with China has been going on for decades. We finally have a President with a plan and the balls to implement it and a bunch of people with TDS but no balls get their panties all in a bunch over #orangemanbad. Sure, we're stealing China's innovations. the US has a very deep eye on all developments wherever it wishes
plenzmd1 Posted August 30, 2019 Posted August 30, 2019 8 minutes ago, 3rdnlng said: Winning a trade war is to get free or fair trade between the opponents. Since China restricts their markets and steals our intellectual property simply getting things to be fair is a win for the USA. For China to win the trade war they would have to either keep the status quo or make it go further in their favor. We, as a country, are paying the price economically for the trade war. It would be so much easier to just let things continue going on. Trump has rightly chosen to take on China at this point in time because our economy was so strong and we could weather the storm much more easily than China. This need for a correction in our trade with China has been going on for decades. We finally have a President with a plan and the balls to implement it and a bunch of people with TDS but no balls get their panties all in a bunch over #orangemanbad. damn, you are a lemming for whatever Trump feeds you. Do you fundamentally believe a trade deficit is bad for the US? Also, Why don't you answer he question i asked about Obama. .2.0% Growth, EXPLODING DEFICIT, ever expanding Government spending, protectionist views about trade, 0% rise the S+P in close to 20 months (2872 Jan 18, ...., 2933 today) ..if those are Obamas numbers are you saying what a great job he was doing?
3rdnlng Posted August 30, 2019 Posted August 30, 2019 1 minute ago, plenzmd1 said: damn, you are a lemming for whatever Trump feeds you. Do you fundamentally believe a trade deficit is bad for the US? Also, Why don't you answer he question i asked about Obama. .2.0% Growth, EXPLODING DEFICIT, ever expanding Government spending, protectionist views about trade, 0% rise the S+P in close to 20 months (2872 Jan 18, ...., 2933 today) ..if those are Obamas numbers are you saying what a great job he was doing? I answered you but refused to argue over your cherry-picked nonsense.
plenzmd1 Posted August 30, 2019 Posted August 30, 2019 3 minutes ago, 3rdnlng said: I answered you but refused to argue over your cherry-picked nonsense. i know..discussing actual numbers , and results, and if a trade deficit is good or bad for the US, and comparing Trumps record on the Economy to Obama's is hard work, and does not have the results you want.....so you result to the the ever Easy "You TDS" You # organemanbad"...childish argument
3rdnlng Posted August 30, 2019 Posted August 30, 2019 Reminder to myself: Don't get into discussions with Plenzmd. He is the original guerilla poster.
row_33 Posted August 30, 2019 Posted August 30, 2019 (edited) 47 minutes ago, 3rdnlng said: Reminder to myself: Don't get into discussions with Plenzmd. He is the original guerilla poster. long on the ignore list, for various crimes and misdies... he goes nowhere and taxes your nerves and energy. not even amusing or ironic, the worst crimes against humanity Edited August 30, 2019 by row_33
plenzmd1 Posted August 30, 2019 Posted August 30, 2019 36 minutes ago, 3rdnlng said: Reminder to myself: Don't get into discussions with Plenzmd. He is the original guerilla poster. #plenzbad!!!
Koko78 Posted August 30, 2019 Posted August 30, 2019 2 hours ago, plenzmd1 said: damn, you are a lemming for whatever Trump feeds you. Didn't you just complain about accusations of TDS and #OrangeManBad being lazy and untrue?
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