That 'booming' economy?

[CornusKousa]

You didn't say that, more goalpost moving on your part.

You don't understand that term, and are still swinging in the dark.

I included what you actually did say and were shown wrong to be about, and continue to be wrong about.

Which is god damn close to what I claimed, and I wasn't wrong about the 140k or the turn out.

Not only do you lie about who you are you pretty much lie about everything.

No, I was just wrong about one thing.

 

[CornusKousa]

Swing state vote differential 2016: +107,000 in Trump's favor
Swing state vote differential 2020: +140,000 in Biden's favor

Popular vote 2016: Clinton 65,853,514 Trump 62,984,828
Popular vote 2020: Biden 81,282,903, Trump 74,223,030

Popular vote percentage 2016: Clinton 48.2 percent, Trump 46.1 percent
Popular vote percentage 2020: Biden 51.4 percent, Trump 46.9 percent


"Even Closer!" by WHAT METRIC?? Hmmmmmmm?

And this is where I'm a bigger man than Rob as he's incapable of doing what I'm about to do.

You're right Rob!! I was wrong about that part.

 

[CornusKousa]

Unemployment numbers out this morning: 1.4 million new claims in the week following Thanksgiving.

For those of you following this, that makes 38 consecutive weeks of 1 million or more new unemployment claims.

"Stock Market Looking Pretty Good To Me!"

Aaaaand do you think that has more to do with "orange man bad!!!" or is it all the (D)'s arbitrarily terminating their economy because there is a slightly more dangerous than usual cold out there???

 

[RobDownSouth]

Aaaaand do you think that has more to do with "orange man bad!!!" or is it all the (D)'s arbitrarily terminating their economy because there is a slightly more dangerous than usual cold out there???

https://i.imgur.com/p1ONEQl.jpg

 

[RobDownSouth]

And this is where I'm a bigger man than Rob as he's incapable of doing what I'm about to do.

You're right Rob!! I was wrong about that part.

That's only the fourth time in the five years I've been here that you've been right.

Merry Christmas.
p.s. reported

 

[CornusKousa]

https://i.imgur.com/p1ONEQl.jpg

Thanks for proving my point.

That's only the fourth time in the five years I've been here that you've been right.

Merry Christmas.
p.s. reported

Mmmm....no, remember all those times you tried misusing words and I blistered your ass with the dictionary/encyclopedia/university citations as to what those words actually mean?? Gotta be like 30-40 times minimum....

Reported!!!!! You had lots of gold stars on your "Hall Monitor" sash didn't you??

 

[RobDownSouth]

Thanks for proving my point.

Showing that the fatality rate of Covid is 3 to 4 times higher than the flu is proving YOUR point that Covide is only "slightly more dangerous" than the cold?

Are you SURE English is your first language, anchor baby?

At least your sister is a success.

 

[CornusKousa]

Showing that the fatality rate of Covid is 3 to 4 times higher than the flu is proving YOUR point that Covide is only "slightly more dangerous" than the cold?

Are you SURE English is your first language, anchor baby?

At least your sister is a success.

All us kids are successful, Asian "privilege" .


And yes it proves my point.

Had this been a disease on par with the big boi plagues with high virulence AND a high mortality rate like smallpox and Yersinia? ? At least 80 million, with a many as 200 million dead in the USA .

On a scale of 35k(common cold, no major disease issues) to 200 million (worst case bad ass MF plague making humanity it's bitch scenario) dead.......180k (and 280k for that matter) is pretty mild.

Covid is just not the near extinction event the control freak/fear mongering democrats are trying to make it out as being.

 

[jaF0]

Three million less jobs than when the Orange Boi was anointed.

 

[LLCox]

The gas has run out of the Economy. Thank you Orange retard Dictator Wannabe.

 

[Funit]

Three million less jobs than when the Orange Boi was anointed.

Any fair minded person knows Covid 19 is to blame for that.

 

[CornusKousa]

The gas has run out of the Economy. Thank you Orange retard Dictator Wannabe.

It was totally not the (D)'s who destroyed their state economies by letting BLM run a muck and then just shutting down any non-(D) approved companies left hanging.

CLEARLY....(D) stupidity and hysteria was all Trumps doing!!!

 

[RobDownSouth]

Any fair person realizes that Trump's botched handling of the coronavirus pandemic ("magical thinking" just didn't cut it) made a bad situation much much worse. Like it or not, he owns the record for net job loss during his administration.

 

[CornusKousa]

Any fair person realizes that Trump's botched handling of the coronavirus pandemic ("magical thinking" just didn't cut it) made a bad situation much much worse. Like it or not, he owns the record for net job loss during his administration.

Rob covering for (D) governors fucking up, over-reacting and killing their economies with elitist leftism.

Notice, the more the progressive the state, the shittier their economy currently is???

 

[LukSkyFokker]

Any fair person realizes that Trump's botched handling of the coronavirus pandemic ("magical thinking" just didn't cut it) made a bad situation much much worse. Like it or not, he owns the record for net job loss during his administration.

Fair? You spelled logical wrong. The facts are all there for anyone who wants to digest them. Some roBots are just too willfully ignorant to care.

 

[RobDownSouth]

Fair? You spelled logical wrong. The facts are all there for anyone who wants to digest them. Some roBots are just too willfully ignorant to care.

I try to avoid words with multiple syllables whenever possible. BoBo has comprehension issues, no need to confuse him more than he currently is.

 

[LukSkyFokker]

I try to avoid words with multiple syllables whenever possible. BoBo has comprehension issues, no need to confuse him more than he currently is.

That makes sense, you're a humanitarian.

 

[CornusKousa]

Fair? You spelled logical wrong. The facts are all there for anyone who wants to digest them. Some roBots are just too willfully ignorant to care.

Yet the best you can do is blow hot air

The facts are there, why don't you try looking sometime??

 

[Secretive_Victoria]

The U.S. economy suffered its worst quarter since the second world war as our GDP shrank by 32.9%

The U.S. economy shrank by an annual rate of 32.9% between April and June of 2020, its sharpest contraction since the second world war.

Is this what Trump thinks a booming economy looks like?

 

[Schlank]

This is not something that we just learned. World Trade has understood this for a while now. Trade deals are not perfect, but they are much better than trade wars.

The final numbers are in for Trump’s failed trade war and it is NOT pretty.


“The U.S. trade deficit over the four years of President Donald Trump’s presidency soared to its highest level since 2008, a new Commerce Department report showed on Friday,”


“The combined U.S. goods and services trade deficit increased to $679 billion in 2020, compared to $481 billion in 2016, the year before Trump took office. The trade deficit in goods alone hit $916 billion, a record high and an increase of about 21 percent from 2016.”

Trump had the three largest annual trade deficits in history during his four years as POTUS.

And just what – if anything – did we get for this failed trade war?

More than 40 percent of net farm income will come from federal government payments in 2020. Per the NY Times: “The breadth of the payments means that government support will account for about 40 percent of total farm income this year. If not for those subsidies, U.S. farm income would be poised to decline in 2020.”

Is that socialism?

According to the Nebraska Farm Bureau, Nebraska farmers lost $943 million due to the trade war in 2019. That amount was in addition to the staggering loss of $1 billion in 2018.

Trump’s tariffs largely wiped out the temporary and tiny tax cuts the middle class received from his failed 2017 tax cut for the rich. A CNBC analysis of data from the Treasury Department ranks the combined $72 billion in revenue from all the president’s tariffs as one of the biggest tax increases since 1993. In fact, the tariff revenue ranks as the largest increase as a percent of GDP since 1993 when compared with the first year of all the revenue measures enacted since then, according to the data.

 

[Schlank]

Nearly all major U.S. economic indicators—including income, productivity, stock prices, jobs and gross domestic product (GDP)—show growth under Democratic Party presidents, reflecting a "startlingly large" gap compared to when Republicans are in the White House.

New analysis and economic research seeks answers for why all six presidents who presided over the fastest periods of U.S. job growth were Democrats, while recent Republicans including both Bushes and Donald Trump saw the least expansion. A New York Times analysis released Tuesday, which draws from vast research, asks the question, "Why has the U.S. economy fared so much better under Democratic presidents than Republicans?" The authors noted that GOP presidents in the past several decades have run up larger deficits than Democrats and party control of Congress has shown minimal impact on growth.

Some economists remain unsure about pinpointing exact factors. But the analysis concludes that Democrats have been more pragmatic and "more willing to heed economic and historical lessons" about strengthening economies, while Republicans have clung to "magical" tax cut and deregulation theories in times of crisis.

https://www.newsweek.com/us-jobs-in..._AremPNiHCkCH_VBOibD7ersH5IVFZ0e86u5mInZsQxcY

 

[jaF0]

One gobsmacking chart shows how Biden's economy is doing way, way better than all the others

Business Insider|22 minutes ago

The US is the only advanced country with a bigger economy now than before the pandemic. Thank a year-and-a-half of aggressive stimulus spending.


https://www.businessinsider.com/cha...-other-advanced-economies-gdp-rebound-2021-11

 

[Fuzzy1975]

One gobsmacking chart shows how Biden's economy is doing way, way better than all the others

Business Insider|22 minutes ago

The US is the only advanced country with a bigger economy now than before the pandemic. Thank a year-and-a-half of aggressive stimulus spending.


https://www.businessinsider.com/cha...-other-advanced-economies-gdp-rebound-2021-11

Most of this is from the lack of shut downs and lock downs. The result of the US not doing that, did keep the economy flowing, where as most other G7 countries did lock down. Of course locking down your economy has issues, and recovery from lock down is one of them. (major)

However when I look at the important aspect of dealing with a Pandemic, the US has lead the way in COVID deaths, compared to all the other G7 countries. This in the long run, when you include long haul COVID survivors,may turn into an economic drag in the not too distant future. Time will tell.

Another metric is personal wealth, for example in Canada, middle income savings soared in Canada, as it did several other G7 countries,(mainly through monies handed out to stay home, to replace lost income due to lock downs) I have not seen that in the US numbers, it may well have happened, but I suspect it didn't.

Still it is a nice positive sign to have the US climbing out, it sort of foretells the direction the for the rest of the G7,since these countries fiscal directions seem to be always tied. If the US economy grows, the rest follow, when it fails, for the most part so do the others.

 

[The_Trouvere]

Republican increases in the national debt.

All of the good economic numbers that have happened during Republican presidents beginning with Ronald Reagan have come from tax cuts, mainly for the rich and corporations, that have led to a growing national debt.

In 1945, when the Second World War came to an end, the U.S. national debt as a percentage of gross domestic product (GDP) was 114%.

In 1980, which was the last year President Carter was president, the national debt as a percentage of GDP had declined to 32%. It declined during the wars in Korea and Vietnam.

https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287

During this time the top tax rate never got below 70%, and was as high as 94%.

https://www.irs.gov/pub/irs-soi/02inpetr.pdf

Because of Republican tax cuts for the rich and increases in military spending, the national debt as a percentage of GDP in 2020 was 129%.

Speaking of the military, the U.S. military spends 39% of what the world spends. China spends 13%. Russia spends 3.2%.

https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures

Nevertheless, we lost wars to North Vietnam and the Taliban. The U.S. military is an expensive government spending program that does not work. We spend so much on this useless boondoggle because military contractors are big contributors to the Republican Party, and because military employment is the Republican jobs program.

 

[JohnnySavage]

Cherry picking.

The 2021 budget for the military is $753 billion. The 2021 interest on the debt is $562 billion - and that's with interest rates under 3% for most of the debt. If interest rates rise this year, we will pay more servicing our debt than we spend on the military.

By way of comparison, mandatory spending in 2020 was $4,600 billion.