Record Unemployment, Record Trade Deficit, Record National Debt

[NATI BENGALS]

If some GoPers could please explain to me why you like policies that have these results. I keep hearing I like his policies. I would really like a good list of all the great policies that garner so much support.



Because I see epic failure.

[GMDino]

(10-07-2020, 04:37 PM)NATI BENGALS Wrote: If some GoPers could please explain to me why you like policies that have these results. I keep hearing I like his policies. I would really like a good list of all the great policies that garner so much support.



Because I see epic failure.

Promises kept!

[Mickeypoo]

(10-07-2020, 04:37 PM)NATI BENGALS Wrote: If some GoPers could please explain to me why you like policies that have these results. I keep hearing I like his policies. I would really like a good list of all the great policies that garner so much support.



Because I see epic failure.

Is this before or after Covid started?

[Benton]

(10-07-2020, 04:47 PM)Mickeypoo Wrote: Is this before or after Covid started?

COVID really only impacted unemployment. The debt and deficit would largely be what it is regardless of the pandemic. 

The government, whether it's led by Republicans or Democrats, loves spending money, even money it doesn't have. My money, your money. Poor people's money, rich people's... well, ok, maybe not their money. The two parties just spend it differently. 

As far as unemployment, the number has steadily improved for a decade, regardless of party. Which is good. I give the GOP some leeway on unemployment numbers, but they don't get a complete pass. A pandemic plan, having necessary supplies on hand and a unified front would likely have expedited our national recovery. Instead, we got no plan, unqualified people leading the creation of a plan after it was too late, a lack of supplies because of our reliance on foreign manufacturing and a lot of fear mongering. So, the unemployment spike wasn't all the GOP's fault, but a good chunk of it was. And I say GOP here, because they were the ones in charge of the planning and fear mongering parts; the lack of domestic manufacturing is the fault of both parties.

[NATI BENGALS]

(10-07-2020, 04:47 PM)Mickeypoo Wrote: Is this before or after Covid started?

Our current reality. Oh and I get you want to give him a pass. Just for future reference how long does he get to blame the pandemic and get a free pass for failure when it is his failed leadership that created our current mess?

Whether it’s starting off the term with travel bans which meant others from shithole countries were not allowed to come here to ending his term with travel bans on us Americans from going in to other countries. I would love to know the policies that this guys base thinks are so great.

Ripping up trade deals, peace treaties, nuclear weapons treaties? Making us look as unstable as North Korea? Killing America’s global reputation? Alienating allies? A doomed to structurally fail wall we have wasted who knows how much on?

Do tell?

[*Nately120*]

(10-07-2020, 04:47 PM)Mickeypoo Wrote: Is this before or after Covid started?

We are supposed to stop letting covid rule our lives so we should start by not using it as a catch-all excuse for how crappy things are. 

[Sociopathicsteelerfan]

(10-07-2020, 05:48 PM)Nately120 Wrote: We are supposed to stop letting covid rule our lives so we should start by not using it as a catch-all excuse for how crappy things are. 

Well, it's not incorrect to point out that prior to the pandemic the economy was humming with record low unemployment.  Whether that gives Trump a "free pass" or not is definitely debatable.  The fact that the economy was great and unemployment was almost non-existent, is not.

[*Nately120*]

(10-07-2020, 06:00 PM)Sociopathicsteelerfan Wrote: Well, it's not incorrect to point out that prior to the pandemic the economy was humming with record low unemployment.  Whether that gives Trump a "free pass" or not is definitely debatable.  The fact that the economy was great and unemployment was almost non-existent, is not.

I gotta be honest, I just assumed the idea that the economy was good was another "biggest, greatest, best" lie from Trump. 

[fredtoast]

(10-07-2020, 04:47 PM)Mickeypoo Wrote: Is this before or after Covid started?

Covid would have ruined the economy no matter who was President.  So just look at the first three years of Trumps administration compared to the last three years of the Obama administration

The deficit spending from Trumps first three years in office was on average $300 billion more per year than the last three years of the Obama administration ($809 billion to $504 billion).


The average growth in GDP the last three years of the Obama administration was 2.43% while the average growth rate the the first three years of the Trump administration was 2.5%.  


Over the last three years of the Obama administration unemployment dropped 29.9% (from 6.7% to 4.7%) while over the first three years of the Trump administration it only dropped 25.5% (from 4.7% to 3.5%)


Trump's "greatest economy in history" was a complete fraud artificially pumped up by deficit spending.

[fredtoast]

Want to talk about how great Trumps tariffs worked?

In 2019 taxpayers shelled out $28 billion to bail out farmers who were decimated by them (Socialism?)

Still no new trade agreements.

[Mickeypoo]

(10-07-2020, 05:39 PM)NATI BENGALS Wrote: Our current reality. Oh and I get you want to give him a pass. Just for future reference how long does he get to blame the pandemic and get a free pass for failure when it is his failed leadership that created our current mess?

Whether it’s starting off the term with travel bans which meant others from shithole countries were not allowed to come here to ending his term with travel bans on us Americans from going in to other countries. I would love to know the policies that this guys base thinks are so great.

Ripping up trade deals, peace treaties, nuclear weapons treaties? Making us look as unstable as North Korea? Killing America’s global reputation? Alienating allies? A doomed to structurally fail wall we have wasted who knows how much on?

Do tell?

I want to give him a pass?

As soon as States stop locking people down and let businesses open back up.

I agreed with the travel bans.

I like that he is trying to do something with trade, nuclear deal sucked and so did the climate accord and even Biden said USMCA is a good deal.  So i'm good with what he did.  At least he is trying to secure the border.  I am very much against illegal immigration.

Have you even looked into Harris at all?  She could very well be Prez at least for a short time.  No thanks!

And just a funny, as I am typing this, I hear Pelosi say "Trump has always had EROTIC behavior and right now it's very, very dangerous".  lmao!  

[Sociopathicsteelerfan]

(10-07-2020, 06:35 PM)fredtoast Wrote: Still no new trade agreements.

Nafta wasn't reworked?

[Mickeypoo]

(10-07-2020, 06:26 PM)fredtoast Wrote: Covid would have ruined the economy no matter who was President.  So just look at the first three years of Trumps administration compared to the last three years of the Obama administration

The deficit spending from Trumps first three years in office was on average $300 billion more per year than the last three years of the Obama administration ($809 billion to $504 billion).


The average growth in GDP the last three years of the Obama administration was 2.43% while the average growth rate the the first three years of the Trump administration was 2.5%.  


Over the last three years of the Obama administration unemployment dropped 29.9% (from 6.7% to 4.7%) while over the first three years of the Trump administration it only dropped 25.5% (from 4.7% to 3.5%)


Trump's "greatest economy in history" was a complete fraud artificially pumped up by deficit spending.

That was my point that I didn't make very well.  lol.

More money in my paycheck compared to when Obama was Prez seems real enough for me.

[Mickeypoo]

(10-07-2020, 06:35 PM)fredtoast Wrote: Want to talk about how great Trumps tariffs worked?

In 2019 taxpayers shelled out $28 billion to bail out farmers who were decimated by them (Socialism?)

Still no new trade agreements.

I'm not saying this will happen in this case, but short term pain, long term gain.

[fredtoast]

(10-07-2020, 06:48 PM)Mickeypoo Wrote: More money in my paycheck compared to when Obama was Prez seems real enough for me.

But it is not real because it is debt.

You are one of those people who think if you can borrow a million dollars that makes you a millionaire.  The extra money in your paycheck comes from deficit spending by the government.  They lowered taxes to give you that extra money, but they did not bring in more money.  Trump had to borrow that money to give it to you.


You are naive if you don't think that will eventually come back to bite all of us.

[Mickeypoo]

(10-07-2020, 06:52 PM)fredtoast Wrote: But it is not real because it is debt.

You are one of those people who think if you can borrow a million dollars that makes you a millionaire.  The extra money in your paycheck comes from deficit spending by the government.  They lowered taxes to give you that extra money, but they did not bring in more money.  Trump had to borrow that money to give it to you.


You are naive if you don't think that will eventually come back to bite all of us.

And the Dems wanted to pile on another 3.4T, 2.4T, 2.1T instead of a reasonable bill that only deals with Covid.  

[fredtoast]

(10-07-2020, 06:46 PM)Sociopathicsteelerfan Wrote: Nafta wasn't reworked?

I was talking about the trade war with China.  That is the one that killed American farmers.

The reworking of NAFTA was a failure.  AFTER the new trade deal (USCMA) was announced Trump re-imposed a 10% tariff on Canadian aluminum and Canada re-imposed $2.7 billion of tariffs on US aluminum.  

[fredtoast]

(10-07-2020, 06:55 PM)Mickeypoo Wrote: And the Dems wanted to pile on another 3.4T, 2.4T, 2.1T instead of a reasonable bill that only deals with Covid.  

So now you want me to include the deficit numbers for 2020 when judging the Trump administration?  I'll be glad to do that if you want.  

How can you possibly accuse the Dems of too much deficit spending when I just showed you the numbers over the previous six years?  Why is deficit spending fine with you when Trump is doing it every year, but when Dems want to address a national emergency suddenly it is a bad thing?

[NATI BENGALS]

I think it is funny all the noise coming out of the circus about socialism. Yet under this administration the fed has helped prop up the stock market by buying ETFs.

Isn’t the definition of socialism when the gov owns the means of production or am I confusing that with another ism?

I thought when you buy stocks you own a share of the company. A clever get around buying ETFs instead of individual stocks directly. But teetering right on the edge of actual socialism.

And I don’t remember the exact verbiage but during the debate superspreader commented stocks going up means jobs. That’s just not true. In my short time following the market I have seen multiple instances where a company announces mass layoffs or job cuts and the stock goes up because of the announcement.

[Sociopathicsteelerfan]

(10-07-2020, 07:11 PM)fredtoast Wrote: I was talking about the trade war with China.  That is the one that killed American farmers.

I guess I made a mistake because I responded to what you actually said.