That 'booming' economy?

[Leather_Lesbian]

I'm not sure I believe this "business is booming" claim. Stores/businesses are closing left and right; we're floundering around in a losing trade war that has farmers committing suicide at a record rate; manufacturing businesses continue to bleed out to other countries; blood-sucking corporate families like the Purdues-Sacklers are (illegally) sending their money abroad and declaring bankruptcy to abandon their creditors (which I call the Trump business model); the Trump administration is up to its eyeballs in country-fleecing financial corruption; the poor are getting poorer and the one percent richest are getting richer; GM workers are striking because profits aren't trickling down to those doing the work; Flint, Michigan, now joined by those in New Jersey, children are still being poisoned by their water supply; Trump-supporting private prisons are continuing to kidnap children and charge $700/day to keep each one in a cage; people are continuing to be killed physically and financially by the worst health system in the world; and the Fed, in reducing interest rates toward less than zero, is effectively telling people not to bother to save for a future. They will be penalized for doing so.

And just about every economist except for Trump's handful of "the best people" is saying we're about to plunge into a periodically occurring recession.

And, so, we put at the top a failed businessman who, despite all of his illegal business maneuvers, bankruptcies, stiff arming of vendors, and use/abuse of illegal workers would have been better off if he'd just banked what Daddy staked him to begin with and who is hiding his financials because of what they would reveal--that he doesn't have the clear assets he claims he does and that he did a whole lot of illegal shit just to get in his current loser businessman position.

Business is booming? Yeah, right.

American farms are going bankrupt, American manufacturing is in a recession and America's tourism industry is in huge trouble.


And to make matters worse, America's homeless population keeps going up. During the Obama years, we saw homelessness decline. But since Trump was sworn in, we've seen homelessness increase. Every year Trump has been in office, homelessness in the country has gotten worse. At last count, we had 568,000 homeless Americans with 37,085 of those people being homeless veterans.

But yeah, Trump keeps telling us that the U.S. economy is the best anyone has ever seen.

 

[icanhelp1]

American farms are going bankrupt, American manufacturing is in a recession and America's tourism industry is in huge trouble.

Cite where farms are in trouble.
Manufacturing is contracting, business cycles go up and down.
Cite where tourism is in trouble.



And to make matters worse, America's homeless population keeps going up.

Homelessness is a product of socialist progressive ideology, exist mostly in democratically managed cities.

During the Obama years, we saw homelessness decline. But since Trump was sworn in, we've seen homelessness increase. Every year Trump has been in office, homelessness in the country has gotten worse. At last count, we had 568,000 homeless Americans with 37,085 of those people being homeless veterans.

Homelessness is not at the federal level, but at the city and state level caused by progressive ideology. IN MANY CASES sanctuary cities are violating { 8 USC 1373 }

According to CBS reporting homelessness has increased by 2.7% nationally due to a spike in CA numbers 16.4%, lack of affordable housing on the west coast.

But yeah, Trump keeps telling us that the U.S. economy is the best anyone has ever seen.

Homelessness is not an indicator of economic health

 

[DawnONight]

In his State of the Union address five years ago, President Barack Obama talked at length about what he called “middle-class economics.” After years of economic stagnation, he promised that the only thing needed to revive the economy was more middle-class benefits. The middle class has made substantial gains since then, but only because President Donald Trump ignored everything Obama said.

In Obama’s address, he described “middle-class economics” as “helping folks afford childcare, college, health care, a home, retirement.” In other words, still more federal middle-class entitlements and new mandates on employers (higher minimum wage, paid family leave, etc.).

Instead, Trump delivered tax cuts derided by the left as a giveaway to the rich, and deregulated measures that Democrats had claimed were pro-growth.

And when Trump addressed Congress last week, he rattled off a long list of economic gains that resulted from his break from Obama’s “middle-class economics.” It turns out that cutting taxes and regulations, not more government spending, is what the middle class needs.

Included in Trump’s list was the fact that the wealth of the bottom half of American households increased three times as fast as the “1%.”

...

Democrats have been complaining about increases in income inequality for years. How do they explain the fact that it’s declining under Trump?

...

Friday offered more good news for the middle class. The Bureau of Labor Statistics reported that the economy created 225,000 jobs, far more than expected. A big winner: construction jobs, which accounted for 44,000.

Meanwhile, average hourly earnings rose 3.1% over a year ago, which also beat expectations, marking the 18th consecutive month of gains in excess of 3%. Under Obama’s “middle-class economics,” wage growth was mired at around 2%....

The report also showed the labor-force participation rate climbing, as the economy continued to pull workers off the sidelines into the job market. In January alone, 183,000 reentered the workforce.​

Obama Promised A ‘Middle Class’ Economy, Trump Delivered It, I&I (Feb. 11, 2020) (emphasis added).

 

[dan_c00000]

I was so desperate to find something that wasn't massively racist I clicked on the first thing I could find. Of course the website while not obviously racist is committed to publishing bullshit.

Let's see the BLS dropped about 500,000 jobs from the Trump "booming economy". "The Labor Department’s closely watched monthly employment report on Friday, however, showed the economy created 514,000 fewer jobs between April 2018 and March 2019 than originally estimated."

Most of the jobs "created" by Trump are of the low-wage variety. (This was brought up a lot by racist dawn when it came to Obama but when "her" hero the Orange Nazi creates them, they're great!)

Finally, most of the real wage growth has gone to the top 1% under Trump while the middle 60% has seen a mere +$0.76 cents worth of wage growth per hour during the Trump "booming" economy.

Poor dawn tries not to find a racist site, finds one that leaves out all the inconvenient facts and still gets owned. How sad.

 

[jaF0]

U.S. News // 23 hours ago
Pier 1 files for bankruptcy, pursues sale of company
Feb. 17 (UPI) -- Pier 1 filed for bankruptcy Monday after reaching an agreement with lenders and will pursue sale of the company.



U.S. News // 23 hours ago
Dairy Farmers of America plans to buy majority of Dean Foods
EVANSVILLE, Ind., Feb. 17 (UPI) -- After filing for bankruptcy protection in November, America's largest milk producer, Dean Foods, announced Monday that it plans to sell the majority of its business to Dairy Farmers of America.

 

[allison22]

Trump boasts at rally, “Look what I’ve done for steel,” as U.S. Steel announces layoffs

Trump goes to a steel mill in Michigan and brags that "Steel is back," and takes credit for what's going on in the U.S. steel industry, and screams "Look at what I've done for steel!"

Meanwhile, U.S. Steel announced it would be laying off 200 workers at the same mill, Great Lakes Works.

U.S. Steel said they expect to end the mill’s iron and steelmaking operations by April 1, 2020, with another part of the mill closing by the end of 2020. The estimated job loss is 1,545 workers.



http://labor411.org/411-blog/trump-...g2-Sj8FZbZcqezN-tANo_rBk3hkGpdbF2QxR4attwl7kw

 

[Fuzzy1975]

Trump boasts at rally, “Look what I’ve done for steel,” as U.S. Steel announces layoffs

Trump goes to a steel mill in Michigan and brags that "Steel is back," and takes credit for what's going on in the U.S. steel industry, and screams "Look at what I've done for steel!"

Meanwhile, U.S. Steel announced it would be laying off 200 workers at the same mill, Great Lakes Works.

U.S. Steel said they expect to end the mill’s iron and steelmaking operations by April 1, 2020, with another part of the mill closing by the end of 2020. The estimated job loss is 1,545 workers.



http://labor411.org/411-blog/trump-...g2-Sj8FZbZcqezN-tANo_rBk3hkGpdbF2QxR4attwl7kw

And they laughed or ignored my post in #351, and #356.

Does Trump really think, that after fucking over the steel manufacturers in Canada, we are going to just start buying again after his Tariff's were removed?

Of course not, our supply chains had to be juggled, we found new vendors for our steel. So first off, those new vendors are not about to let new customer go without a fight. They are still selling to us for LESS than the US is right now Tariff gone or not...

Smooth Mr Trump, *chuckles*

 

[icanhelp1]

And they laughed or ignored my post in #351, and #356.

Does Trump really think, that after fucking over the steel manufacturers in Canada, we are going to just start buying again after his Tariff's were removed?

Of course not, our supply chains had to be juggled, we found new vendors for our steel. So first off, those new vendors are not about to let new customer go without a fight. They are still selling to us for LESS than the US is right now Tariff gone or not...

Smooth Mr Trump, *chuckles*

Needs create markets not personalities. Markets goes where the money and best bang for the buck is ~ as well as the best quality~

 

[Fuzzy1975]

Needs create markets not personalities. Markets goes where the money and best bang for the buck is ~ as well as the best quality~

True, but when it comes to raw material, pig iron is pig iron, all that counts is price.

Trump fucked it up, plain and simple.

 

[icanhelp1]

True, but when it comes to raw material, pig iron is pig iron, all that counts is price.

Trump fucked it up, plain and simple.

No he didn't. 50 years of unfair trade practice was brought in line with USMCA. It will take a few years to balance things out but tariffs played a big part in bringing better trade agreements to the forefront and equalizing wage discrepancies. Puts china on notice that dumping is all but history in N America.

TRUMP BAD! we know!

 

[Fuzzy1975]

No he didn't. 50 years of unfair trade practice was brought in line with USMCA. It will take a few years to balance things out but tariffs played a big part in bringing better trade agreements to the forefront and equalizing wage discrepancies. Puts china on notice that dumping is all but history in N America.

TRUMP BAD! we know!

Just out of curiosity, did you compare the changes in NAFTA between the old version and the new? You should. ( Three basic changes, one being Dairy, read below for further information on Dairy)


Second almost 60% of the trade between Canada and the US is not even bound by NAFTA, or CUSMA ( note USMCA is not an acronym). So I don't get where this unfair trade between Canada and the US for 50 years logic comes from.

Trump IS bad, sorry you seem to think he has cured all these problems. Maybe try investigating his claims.

I posted a real life result of negativity on just one company, over Trump's idiotic steel Tariffs. You seem to think this was a positive outcome?


I don't disagree with the China trade problem one iota. That is what the PanPacific partnership trade deal was brokered for. To limit the Chinese trade influence, right in their back yard. The deal that Trump pulled the US out of...Another smart move by your genius deal maker.

You missed the boat on the European trade deal too, which means now, all that dairy product that Wisconsin had screamed about being subjected to 300% import duties can now come duty free into Canada, and our Canadian producer can sell their produce to Europe at a profit...and use the Wisconsin dairy here to make up for our production shortfalls without a huge dairy price increase in our market...

 

[icanhelp1]

Just out of curiosity, did you compare the changes in NAFTA between the old version and the new? You should. ( Three basic changes, one being Dairy, read below for further information on Dairy)

Yes! mostly in the auto and steel markets, very very complex and hard reading, but equals out in 7 years, mostly concerned with production locations and fair wages.

Second almost 60% of the trade between Canada and the US is not even bound by NAFTA, or CUSMA ( note USMCA is not an acronym). So I don't get where this unfair trade between Canada and the US for 50 years logic comes from.

USMCA is an abbreviation, get off the chicken shit!! I never mentioned Canada, we fell behind globally!

Trump IS bad, sorry you seem to think he has cured all these problems. Maybe try investigating his claims.

You give Trump way too much credit. Companies find, develop and create their own markets. We're well on our way to righting some long time wrongs, fair and equitable trade agreements.

I posted a real life result of negativity on just one company, over Trump's idiotic steel Tariffs. You seem to think this was a positive outcome?

One company doesn't make a market. The US is looking to maximize synergies.

I don't disagree with the China trade problem one iota. That is what the PanPacific partnership trade deal was brokered for. To limit the Chinese trade influence, right in their back yard. The deal that Trump pulled the US out of...Another smart move by your genius deal maker.

Getting out of the TPP was a brilliant move, unilateral trade agreement better for both countries involved.

You missed the boat on the European trade deal too, which means now, all that dairy product that Wisconsin had screamed about being subjected to 300% import duties can now come duty free into Canada, and our Canadian producer can sell their produce to Europe at a profit...and use the Wisconsin dairy here to make up for our production shortfalls without a huge dairy price increase in our market...

If the UK can get past the Huawei debacle and invest in US 5g the sky's the limit, will force Germany to get their collective heads out of their asses. Lean more american than Russians. Germany is putting a big strain on NATO.

Big US agri will do just fine, They're learning the hard lesson on how to diversify product and go where the market takes them, get off of government teets and search out additional markets. China played our agri for fools and our farmers got complacent and taken.

 

[phrodeau]

If the UK can get past the Huawei debacle and invest in US 5g the sky's the limit, will force Germany to get their collective heads out of their asses. Lean more american than Russians. Germany is putting a big strain on NATO.

Big US agri will do just fine, They're learning the hard lesson on how to diversify product and go where the market takes them, get off of government teets and search out additional markets. China played our agri for fools and our farmers got complacent and taken.

Last time I looked, agri subsidies were way up. Show me where agri has been weaned.

 

[dan_c00000]

Trump played our agri for fools and our farmers got complacent and taken.[/COLOR]

Fixed your sentence.

I think it's important to remember that the stock market is not the economy. Something important to also remember is that real wages for everyone not in the 1% have stayed flat.

 

[icanhelp1]

Fixed your sentence.

I think it's important to remember that the stock market is not the economy. Something important to also remember is that real wages for everyone not in the 1% have stayed flat.

You can't fix stupid; you're proof of that!

The economy is doing just fine and the stock market is one of many leading indicators of economic health. DawnONight has already beaten you up on real wages, go back and read it!

 

[dan_c00000]

The economy is doing just fine and the stock market is one of many leading indicators of economic health.

Comments on this?

Stocks plunge for a second day as the Dow lost more than 800 points on Tuesday

Dawn has been proven to be a racist, a liar, and an alt for bot. "Her" sources are always either flat out wrong or written by known racists. Sorry but every time dawn comes on here "she" gets destroyed.

 

[BotanyBoy]

Comments on this?

Stocks plunge for a second day as the Dow lost more than 800 points on Tuesday

Dawn has been proven to be a racist, a liar, and an alt for bot. "Her" sources are always either flat out wrong or written by known racists. Sorry but every time dawn comes on here "she" gets destroyed.

Another lie from Dan.....the most racist poster on lit pol.

 

[Fuzzy1975]

I don't disagree with the China trade problem one iota. That is what the PanPacific partnership trade deal was brokered for. To limit the Chinese trade influence, right in their back yard. The deal that Trump pulled the US out of...Another smart move by your genius deal maker.

Getting out of the TPP was a brilliant move, unilateral trade agreement better for both countries involved.

Huh?

Both countries.....what are you talking about?

Maybe go look up the TPP, the US has a deal unilaterally with Japan, Shouldered on the terms of TTP.

The trade deal will reportedly slash tariffs on $7 billion worth of American agricultural products (cheese, wine, beef, pork, wheat and almonds), allowing farmers the same access as TPP competitors in New Zealand, Australia and Canada. In return, the U.S will lower tariffs on a host of ....


https://www.forbes.com/sites/sergei...6-key-takeaways-from-the-us-japan-trade-deal/

Mean while the rest of the group including Japan, has the full deal amongst themselves. The US is 10 trade deals behind...yep Trump that brilliant deal maker....

 

[icanhelp1]

I don't disagree with the China trade problem one iota. That is what the PanPacific partnership trade deal was brokered for. To limit the Chinese trade influence, right in their back yard. The deal that Trump pulled the US out of...Another smart move by your genius deal maker.




Huh?

Both countries.....what are you talking about?

Maybe go look up the TPP, the US has a deal unilaterally with Japan, Shouldered on the terms of TTP.

The trade deal will reportedly slash tariffs on $7 billion worth of American agricultural products (cheese, wine, beef, pork, wheat and almonds), allowing farmers the same access as TPP competitors in New Zealand, Australia and Canada. In return, the U.S will lower tariffs on a host of ....


https://www.forbes.com/sites/sergei...6-key-takeaways-from-the-us-japan-trade-deal/

Mean while the rest of the group including Japan, has the full deal amongst themselves. The US is 10 trade deals behind...yep Trump that brilliant deal maker....

By both I mean each country within the TPP market, the wild card is the EU. Japan and Australia are doing well with us. US companies are exploring Vietnam as an alternative to China.

We're doing trade deals that benefit both countries, it's not a race for quantity but for quality trade deals that lowers tariffs on both sides. Trade deficits also come into play.

The USMCA shores up our two biggest trade partners and hopefully a trade deal with the UK is right around the corner. China caught between a rock and a hard place. Doesn't look to me as if the tariff are not accomplishing its desired effect.

Becoming energy independent allows us to bargain through strength. Having a fed rate at 1.75% while most countries are zero to negative makes our markets and banks a worthwhile investment. The US dollar is in good shape.

The US is still the consumption engine of the world which lifts all boats, even Canada's. Oversimplified at best but you get my drift.

Steep downturns could be an issue in the near future because of the corona-virus, but that's going to affect everyone globally and hopefully short lived. This unforeseen pandemic could set off a global recession but most experts believe it would be short-lived. It wouldn't surprise me if the US becomes the linchpin to help pull everyone out of this malaise.

Having a 1.75% fed rate gives the feds room for quantitative easing and US banks room to play with plenty of liquidity in the market place. I think big AGRI stands to benefit due to the virus, especially with China and Japan, just my humble opinion.

 

[Fuzzy1975]

By both I mean each country within the TPP market, the wild card is the EU. Japan and Australia are doing well with us. US companies are exploring Vietnam as an alternative to China.

Doing well is not a trade deal. The 11 countries in TTP have a trade deal, the US needs to set up 10 more to catch up. I can surmise the US will not get a better deal than TTP, (possibly not even as good) now the US will be in 11 separate deals with the same terms as TTP.

Does that make any sense, the time effort and expense when all Trump needed to do was sign a piece of paper two years ago. Plus when rules need to be changed due to economic reasons ( like Nafta) you need 11 different negotiations???...Right smart move deal maker Trump...

We're doing trade deals that benefit both countries, it's not a race for quantity but for quality trade deals that lowers tariffs on both sides. Trade deficits also come into play.

Again, the deals are done on TTP, Trump will not be able to finish all these other 10 deals to just catch up on TPP even if he is re-elected. Time, time time...they take time...

The U.S.M.C.A ( fixed that abbreviation for you)shores up our two biggest trade partners and hopefully a trade deal with the UK is right around the corner.

I am looking forward to this one....chuckles, both countries desperate for a deal, should be fun from the sidelines...

China caught between a rock and a hard place. Doesn't look to me as if the tariff are not accomplishing its desired effect.

Stupid move again on the trade war...no one wins!! Why do you think the TTP came about?

Do you think the people who set up the TTP didn't know the same shit Trump does, maybe they knew more!! Trump's problem now...

Becoming energy independent allows us to bargain through strength.

The US was energy independent back in 2012...China doesn't buy your gas or oil yet ( trade deal). Canada though has a LNG deal with China.

Having a fed rate at 1.75% while most countries are zero to negative makes our markets and banks a worthwhile investment. The US dollar is in good shape.

Let see how long that lasts if the coronavirus impacts the worlds economy... So what tools does the US have left to fight back if this occurs?

The US is still the consumption engine of the world which lifts all boats, even Canada's. Oversimplified at best but you get my drift.

I understand what you say, and agree to a point. I just don't think you understand the difference between largest, and fastest growing. The US is the largest, but it is not the fastest growing...think of the stock market, where do you want to invest? In the company with the largest stocks, or the one who's stock value is increasing...You want trade deals with those countries..Yes NAFTA had problems and needed an upgrade, but the time would have been better spent in making deals with the growing countries. Canada did, which shows you can walk and chew gum, Trump didn't. All he needed to do was put pen to paper with TTP....

Steep downturns could be an issue in the near future because of the corona-virus, but that's going to affect everyone globally and hopefully short lived. This unforeseen pandemic could set off a global recession but most experts believe it would be short-lived. It wouldn't surprise me if the US becomes the linchpin to help pull everyone out of this malaise.

If this coronavirus gets nasty and scary, it will require G 7 cooperation to fix the problem, just like it took G7 cooperation to fix the 2008 economy. No one country right now would be strong enough to pull the world out of this alone.

Who will listen to Trump on that front? The guy can't speak the truth, no one will allow him to direct this outside of the US. I speak from a position of knowledge on this. If you are a religious person, you had best be praying this doesn't become rampant in the US, your CDC is not in any shape to fight this.

Having a 1.75% fed rate gives the feds room for quantitative easing

Huh?

Interest rates have nothing to do with the injection of money into an economy.

The Trump supporters here all crucified Obama for doing this, and now you are actually suggesting Trump do the same...no way??

So if this occurs, you want to inject what, another trillion? Adding further to Trumps debt he already made with his Tax Cut....wow, sure is a shortage of deficit hawks in the Republican party now...

 

[icanhelp1]

Doing well is not a trade deal. The 11 countries in TTP have a trade deal, the US needs to set up 10 more to catch up. I can surmise the US will not get a better deal than TTP, (possibly not even as good) now the US will be in 11 separate deals with the same terms as TTP.

Surmise what you want! Investing in US markets is pretty attractive. Big AGRI needs to diversify and chase down foreign markets and stop relying on China as a sugar daddy, the other sectors doing pretty well, contractions and expansions are the cost of doing business. Other markets will go where the money is and the US is where the money is.

Does that make any sense, the time effort and expense when all Trump needed to do was sign a piece of paper two years ago. Plus when rules need to be changed due to economic reasons ( like Nafta) you need 11 different negotiations???...Right smart move deal maker Trump...

Signing an old deal isn't what this is all about, it's equitable free trade minus tariffs. Can you understand that concept. There's also this thing called trade deficits.

Again, the deals are done on TTP, Trump will not be able to finish all these other 10 deals to just catch up on TPP even if he is re-elected. Time, time time...they take time...

It's not about catching up, its about equitable long term trading partners.

I am looking forward to this one....chuckles, both countries desperate for a deal, should be fun from the sidelines...

Have a chuckle on me, it's not about disparity but more about equality.

Stupid move again on the trade war...no one wins!! Why do you think the TTP came about?

When you can't convince trading partners to knock off excessive trade tariffs you fight fire with fire. It brought China and Japan to the table. Germany is next. Americans are just going to have to but Cadillacs instead of Mercedes, just a joke.

Maybe TTP worked for you canadians, our high trade deficits were for the most part ridiculous laced with high tariffs. Fuck-em all.

Do you think the people who set up the TTP didn't know the same shit Trump does, maybe they knew more!! Trump's problem now...

We'll see in trump's second term.

The US was energy independent back in 2012...China doesn't buy your gas or oil yet ( trade deal). Canada though has a LNG deal with China.

No we weren't, we are now! We now export energy. Good for Canada.

Let see how long that lasts if the coronavirus impacts the worlds economy... So what tools does the US have left to fight back if this occurs?

A fed rate of 1.75%, we can still lower rates to fight a recession and inflation. We can provide liquidity and we are a safe haven for other economies who have zero to negative values. You do understand the difference between banking rates and fed rate right.


I understand what you say, and agree to a point. I just don't think you understand the difference between largest, and fastest growing. The US is the largest, but it is not the fastest growing...think of the stock market, where do you want to invest? In the company with the largest stocks, or the one who's stock value is increasing...You want trade deals with those countries..Yes NAFTA had problems and needed an upgrade, but the time would have been better spent in making deals with the growing countries. Canada did, which shows you can walk and chew gum, Trump didn't. All he needed to do was put pen to paper with TTP....

Our GDP is at 1.9 Perfect for for full employment, an over revved economy leads to formation of asset bubbles leading to possible recession and inflation. Need a good balance between production and inventory levels

Unemployment is at 3.6.... the U-6 at 7%

Stock market advances are based on good earnings and reasonable P&Es

If this coronavirus gets nasty and scary, it will require G 7 cooperation to fix the problem, just like it took G7 cooperation to fix the 2008 economy. No one country right now would be strong enough to pull the world out of this alone.

I didn't say alone, just saying you can't do it without the US, it just seems the G-7 is behind the eightball. G-7 economies are at zero already

Who will listen to Trump on that front? The guy can't speak the truth, no one will allow him to direct this outside of the US. I speak from a position of knowledge on this. If you are a religious person, you had best be praying this doesn't become rampant in the US, your CDC is not in any shape to fight this.

Our CDC is the premiere institution in the world and is in great shape, you fucking loones believe anything the left wing media, Schumer and Pelosi spouts. LMAO CHINA IS THE ONE FUCKING UP!


Huh?

Interest rates have nothing to do with the injection of money into an economy.

Bond rates are at a good level for borrowers, reserve banks provide liquidity. The feds just pumped 500 billion for liquidity, the CDC will get every penny they ask for, you're twirling around in fake news, like usual. Don't listen to Schumer's BULLSHIT

The Trump supporters here all crucified Obama for doing this, and now you are actually suggesting Trump do the same...no way??

More fake news. Obama failed to raise PI rates because of his regulation laden economy which caused an anemic response to growth!

So if this occurs, you want to inject what, another trillion? Adding further to Trumps debt he already made with his Tax Cut....wow, sure is a shortage of deficit hawks in the Republican party now...

It's congress that allocates funding not Trump. You're TDS SHOWING THROUGH AGAIN!!!

Fed rates not BANKING interest rates have all to do with other countries parking money in the US. US is a safe haven.

I'm not going to argue TDS with you

 

[Fuzzy1975]

I'm not going to argue TDS with you

You see, that is your problem, I am not arguing on TDS. It is no secret I have zero respect for Trump, but, and this is the big thing here, I am talking about trade economics.

You unfortunately don't understand the economics of trade deals. If you did, you would get rid of the "Trade deficit" and the Stock Market, and the "Booming employment" portions you interweave in your answers, which have nothing to do with trade between countries.

Trump has you so convinced that having a trade deficit is bad period. It is not, what is bad is unbalanced trade between countries or economic zones.

Just to put something in your pipe and smoke, Canada has a trade deficit with the US, do you think we Canadians see that as bad???

I agree, there is no sense trying to educate you on this matter, you are lost in the world of Donald Trump, enjoy.

Oh on the CDC

"Our CDC is the premiere institution in the world and is in great shape, you fucking loones believe anything the left wing media, Schumer and Pelosi spouts. LMAO CHINA IS THE ONE FUCKING UP!"

I am not basing what I said on media statements in regards to the current situation within your CDC. I have better sources.

Judging from your uneducated response above I truly hope the US get's it's shit together on this, with people with a mindset completely the opposite of what you just posted. But with Trump already lying about the corona virus and the associated facts and installing himself once again as the "know it all".

I/we have little faith the proper protocols will be implemented in time to prevent the virus spreading in the US.

 

[icanhelp1]

You see, that is your problem, I am not arguing on TDS. It is no secret I have zero respect for Trump, but, and this is the big thing here, I am talking about trade economics.

You unfortunately don't understand the economics of trade deals. If you did, you would get rid of the "Trade deficit" and the Stock Market, and the "Booming employment" portions you interweave in your answers, which have nothing to do with trade between countries.

Trump has you so convinced that having a trade deficit is bad period. It is not, what is bad is unbalanced trade between countries or economic zones.

Just to put something in your pipe and smoke, Canada has a trade deficit with the US, do you think we Canadians see that as bad???

I agree, there is no sense trying to educate you on this matter, you are lost in the world of Donald Trump, enjoy.


Oh on the CDC



I am not basing what I said on media statements in regards to the current situation within your CDC. I have better sources.

Judging from your uneducated response above I truly hope the US get's it's shit together on this, with people with a mindset completely the opposite of what you just posted. But with Trump already lying about the corona virus and the associated facts and installing himself once again as the "know it all".

I/we have little faith the proper protocols will be implemented in time to prevent the virus spreading in the US.

You have no clue as to what trade is all about. You don't understand commodities, currency trading or anything else for that matter.

You don't get "import" "export" imbalances or wage differentials. You are completely clueless about economics and manufacturing.

And your sources are left wing anti Trump hacks.

I did some research on your health care system, hope it holds out because waiting for 2 1/2 months to see a doctor won't bode well. Our protocols just fine, our CDC will probably be bailing you out.

You obviously don't consider international bond or stock trading "trading".

I've been trading for many years and all I can say is you don't have a clue. You have a google button and that's it.

Trump BAD!! AND YOU'RE AND IDIOT!!

 

[dan_c00000]

I started getting owned other threads, got all my alts busted, and now I've gone full Nazi so I'll try the "real racist" card instead of actually responding, damn did I ever get triggered.

I notice neither you nor any of your alts bothered to respond to the fact that Trump's shitty leadership skills have the stock market tanking.

Obviously, most normal people with a soul are more concerned with preventing the spread of a disease Trump is more concerned with stocks.

Do you have anything to say for your Nazi hero Trumpy?

 

[phrodeau]

You have no clue as to what trade is all about. You don't understand commodities, currency trading or anything else for that matter.

You don't get "import" "export" imbalances or wage differentials. You are completely clueless about economics and manufacturing.

And your sources are left wing anti Trump hacks.

I did some research on your health care system, hope it holds out because waiting for 2 1/2 months to see a doctor won't bode well. Our protocols just fine, our CDC will probably be bailing you out.

You obviously don't consider international bond or stock trading "trading".

I've been trading for many years and all I can say is you don't have a clue. You have a google button and that's it.

Trump BAD!! AND YOU'RE AND IDIOT!!

Maybe you could explain why trade deficits are bad.

Maybe then you can explain why it’s OK for the US-China trade deficit to keep increasing, as it has been.