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All Forums | Politics

trump's economy failing; worse than Obama's last 3

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fubah2
Raiders22
Rush51
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fubah2
fubah2
Legend
Participation Meter
Joined: Aug, 2012
Posts: 38308
Posted: Jul. 15, 2020 - 12:49 AM ET #101

Quote Originally Posted by Raiders22:

Look at the confidence and comfort indicators, for example.

Oh I do!  Will be putting up more public surveys soon too.  They show EXACTLY what rank and file Americans think.  ANd its not good for adolf.

 

 

Quote Originally Posted by Raiders22:

Yes. Some of the mom and pop places are gone now and even some of the brand names.  All needlessly.  But the Left and the Media can spin it to blame Trump.
They could yes, *OR* they could just point out the facts....either way the result is the same: it is bad and trump is largely to blame

 

 

Quote Originally Posted by Raiders22:

As the virus dies out it should not be too big of a challenge to find something else to blame on him. 
  Of course not....no challenge at all....he brings it all on himself on a near daily basis.  We just report it.  But it's very unlikely this virus dies out before trump leaves office. He will be leaving far too dep a mess. Just like the previous REPUBLICAN administration did...

 

 

Quote Originally Posted by Raiders22:

Instead of being happy of how well things are —

Huh ???

 

 

Quote Originally Posted by Raiders22:

But it is hard to reason with irrationality.
We agree on that.

 

 

 

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Quote Originally Posted by Raiders22:

Look at the confidence and comfort indicators, for example.

Oh I do!  Will be putting up more public surveys soon too.  They show EXACTLY what rank and file Americans think.  ANd its not good for adolf.

 

 

Quote Originally Posted by Raiders22:

Yes. Some of the mom and pop places are gone now and even some of the brand names.  All needlessly.  But the Left and the Media can spin it to blame Trump.
They could yes, *OR* they could just point out the facts....either way the result is the same: it is bad and trump is largely to blame

 

 

Quote Originally Posted by Raiders22:

As the virus dies out it should not be too big of a challenge to find something else to blame on him. 
  Of course not....no challenge at all....he brings it all on himself on a near daily basis.  We just report it.  But it's very unlikely this virus dies out before trump leaves office. He will be leaving far too dep a mess. Just like the previous REPUBLICAN administration did...

 

 

Quote Originally Posted by Raiders22:

Instead of being happy of how well things are —

Huh ???

 

 

Quote Originally Posted by Raiders22:

But it is hard to reason with irrationality.
We agree on that.

 

 

 

 
fubah2
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Posted: Jul. 15, 2020 - 12:55 AM ET #102

Quote Originally Posted by Raiders22:

Quote Originally Posted by fubah2: I see no links to support  your contention There are some in the other threads. But I told you who had them.  For your edification, you can now look them up.   Good to keep up with this stuff.  Curious, if I repost them would you actually read them?  Then would it change your mind if you saw empirical data?

I'm a reader.  If you post I will read the links.....but I can recognize partisan BS when I see it.  If any of your links are partisan BS they are immediately dismissed solely on that basis.

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Quote Originally Posted by Raiders22:

Quote Originally Posted by fubah2: I see no links to support  your contention There are some in the other threads. But I told you who had them.  For your edification, you can now look them up.   Good to keep up with this stuff.  Curious, if I repost them would you actually read them?  Then would it change your mind if you saw empirical data?

I'm a reader.  If you post I will read the links.....but I can recognize partisan BS when I see it.  If any of your links are partisan BS they are immediately dismissed solely on that basis.

 
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Posted: Jul. 15, 2020 - 1:14 AM ET #103

Quote Originally Posted by Raiders22:

No, the economy is not where it was.

No, no one said it was ‘strong’ right now.

Agreed. I have not heard anyone say it is a strong economy right now (or the past 3+ months)

 

 

Quote Originally Posted by Raiders22:

Yes, it is recovering quicker than most thought.

I am forced to call BS on that and request uptodate links supporting that contention.

Quicker than *some* thought maybe....but certainly not QUICK in any case.

Places are shutting down AGAIN  in numerous cities!  We are going backward, not forward.

Last I heard was 22 states had either paused or rolled back their re-opening .

 

 

Quote Originally Posted by Raiders22:

Yes, it may slow back down.

It *is* slowing back down....as the trump-virus spreads and hospitalizations increase it will get even worse.

 

 

Quote Originally Posted by Raiders22:

Yes, Trump is still the guy that has proved to have the lowest unemployment

...and PROVED to have the worst National Debt in recorded history.....which like houselhold debt, doesn't hurt immediately but the hurt is sure and it WILL come to Americans.

 

Quote Originally Posted by Raiders22:

Biden shows no indications he could do it.

Non-sequitor. Biden isn't in power. 

And according to the polls representing the wishes of Americans, the economy is not the only thing that matters to them. It may not even be the most important.  And Biden is whupping trump in virtually EVERY subject asked by pollsters except the economy - where they are close, with trump given a slight edge.

 

 

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Quote Originally Posted by Raiders22:

No, the economy is not where it was.

No, no one said it was ‘strong’ right now.

Agreed. I have not heard anyone say it is a strong economy right now (or the past 3+ months)

 

 

Quote Originally Posted by Raiders22:

Yes, it is recovering quicker than most thought.

I am forced to call BS on that and request uptodate links supporting that contention.

Quicker than *some* thought maybe....but certainly not QUICK in any case.

Places are shutting down AGAIN  in numerous cities!  We are going backward, not forward.

Last I heard was 22 states had either paused or rolled back their re-opening .

 

 

Quote Originally Posted by Raiders22:

Yes, it may slow back down.

It *is* slowing back down....as the trump-virus spreads and hospitalizations increase it will get even worse.

 

 

Quote Originally Posted by Raiders22:

Yes, Trump is still the guy that has proved to have the lowest unemployment

...and PROVED to have the worst National Debt in recorded history.....which like houselhold debt, doesn't hurt immediately but the hurt is sure and it WILL come to Americans.

 

Quote Originally Posted by Raiders22:

Biden shows no indications he could do it.

Non-sequitor. Biden isn't in power. 

And according to the polls representing the wishes of Americans, the economy is not the only thing that matters to them. It may not even be the most important.  And Biden is whupping trump in virtually EVERY subject asked by pollsters except the economy - where they are close, with trump given a slight edge.

 

 

 
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Posted: Jul. 15, 2020 - 1:16 AM ET #104

Quote Originally Posted by DeezyAZ81:

None of your points show any sense of reality or intelligence...similarly to Raiders. Just unsubstantiated claims. No need for the back and forths. You two will never acknowledge reality. Raiders is the same guy that is posting that masks do not help against COVID19..enough said.
Well said D an_clap

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Quote Originally Posted by DeezyAZ81:

None of your points show any sense of reality or intelligence...similarly to Raiders. Just unsubstantiated claims. No need for the back and forths. You two will never acknowledge reality. Raiders is the same guy that is posting that masks do not help against COVID19..enough said.
Well said D an_clap

 
Raiders22
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Posted: Jul. 15, 2020 - 1:32 AM ET #105

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: No matter how you look at it Trump’s name goes down in the record book.  The rest.  I would just recommend a little research and an open mind.   Agreed.  trump stands as only the 3rd IMPEACHED president in history; is ranked in the bottom 4 of all US presidents by 2 large groups of political scholars and presidential historians; has one of the all time WORST job approval records for any president; is the ONLY president *EVER* to *FAIL* to achieve a mean average among several polls of at least 50% at some point in his presidency;  currently holds an abysmal job approval hoovering around 40% (mean avg) ranking the lowest; is the only president to reject science, causing the deaths of over 136,000 Americans; only president to repeatedly denounce his own intel agencies reporting on Russia - including bounties placed on American/allied soldiers; only president to recommend buying Greenland, nuking hurricanes, injecting toxic disinfectants, tout an unproven drug REPEATEDLY, and tell his admin/states to STOP testing in the middle of a serious pandemic because that would make the infection rate go down...

I don’t have an issue with multiple topics.  I really don’t.  That’s why I only addressed the other fellows claims on the economy. 

The topic here is the economy under Trump vs Obama. 

It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.  

The other stuff can be, and has been in other threads, addressed — no issues there. 

Ny contention is still the economic issue. peace_5

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: No matter how you look at it Trump’s name goes down in the record book.  The rest.  I would just recommend a little research and an open mind.   Agreed.  trump stands as only the 3rd IMPEACHED president in history; is ranked in the bottom 4 of all US presidents by 2 large groups of political scholars and presidential historians; has one of the all time WORST job approval records for any president; is the ONLY president *EVER* to *FAIL* to achieve a mean average among several polls of at least 50% at some point in his presidency;  currently holds an abysmal job approval hoovering around 40% (mean avg) ranking the lowest; is the only president to reject science, causing the deaths of over 136,000 Americans; only president to repeatedly denounce his own intel agencies reporting on Russia - including bounties placed on American/allied soldiers; only president to recommend buying Greenland, nuking hurricanes, injecting toxic disinfectants, tout an unproven drug REPEATEDLY, and tell his admin/states to STOP testing in the middle of a serious pandemic because that would make the infection rate go down...

I don’t have an issue with multiple topics.  I really don’t.  That’s why I only addressed the other fellows claims on the economy. 

The topic here is the economy under Trump vs Obama. 

It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.  

The other stuff can be, and has been in other threads, addressed — no issues there. 

Ny contention is still the economic issue. peace_5

 
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Posted: Jul. 15, 2020 - 1:35 AM ET #106

Quote Originally Posted by Rush51:

Actually, Fubah....  ""the largely responsible "" part falls on China, but thanks for playing.

You DEMS pretend the rest of the world hasn't suffered economically from the Virus

First, I am not a Dem.  I have been a proud Independent and Moderate all my life. Voted FOR each of the prseiding US presidents since Carter....I refused to vote in 2016 because I did not like either candidate.  If I was a Dem I would have voted Hillary.  I did not. And HALF my values are conservative.

The rest of the world has suffered indeed.  But WE - with all our might and ability - really should have suffered among the very least -- given good sound federal government leadership. We didn't get it.

And the largely responsible part is being kind.  The Columbia University research team were fairly precise.  As much as and even very close to 83% of all the death - and by LOGICAL extension - the suffering, costs, spreading of infection, and economic collapse all stems from ALLOWING this virus to take vigorous hold in America....which trump is responsible for. The safety of our citizens. Job #1.  He failed.  Bigly.

In this day and age, any contagion that breaks out virtually anywhere in the world - but particularly in large population centers - is eventually going to infect nearly every country. HOW THEY RESPOND TO THAT IS THE QUESTION.  THAT is where the responsibility lies in regards to keeping casualties LOW.

Falsely claiming trump is not largely responsible the AMerican covid death counts (and subsequent economic fallout)  is exactly like blaming the foxes & coyotes for the deaths of half the chickens in the hen house - when it was farmer TRUMP who closed only the front door to the coop, leaving the back door and both side doors WIDE OPEN!!!

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Quote Originally Posted by Rush51:

Actually, Fubah....  ""the largely responsible "" part falls on China, but thanks for playing.

You DEMS pretend the rest of the world hasn't suffered economically from the Virus

First, I am not a Dem.  I have been a proud Independent and Moderate all my life. Voted FOR each of the prseiding US presidents since Carter....I refused to vote in 2016 because I did not like either candidate.  If I was a Dem I would have voted Hillary.  I did not. And HALF my values are conservative.

The rest of the world has suffered indeed.  But WE - with all our might and ability - really should have suffered among the very least -- given good sound federal government leadership. We didn't get it.

And the largely responsible part is being kind.  The Columbia University research team were fairly precise.  As much as and even very close to 83% of all the death - and by LOGICAL extension - the suffering, costs, spreading of infection, and economic collapse all stems from ALLOWING this virus to take vigorous hold in America....which trump is responsible for. The safety of our citizens. Job #1.  He failed.  Bigly.

In this day and age, any contagion that breaks out virtually anywhere in the world - but particularly in large population centers - is eventually going to infect nearly every country. HOW THEY RESPOND TO THAT IS THE QUESTION.  THAT is where the responsibility lies in regards to keeping casualties LOW.

Falsely claiming trump is not largely responsible the AMerican covid death counts (and subsequent economic fallout)  is exactly like blaming the foxes & coyotes for the deaths of half the chickens in the hen house - when it was farmer TRUMP who closed only the front door to the coop, leaving the back door and both side doors WIDE OPEN!!!

 
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Posted: Jul. 15, 2020 - 1:39 AM ET #107

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22:   And if unemployed citizens care about the economy and want to be employed again — re-elect the guy that has proven he can get the unemployment to record lows. Actually the opposite  holds more truth. Smart people would rather NOT re-elect the guy LARGELY RESPONSIBLE for them losing their jobs in the first place.   As for unemployment, I can conceed that during the time of his administration the unemployment level fell to a record low of 3.5% ....and since it occurred on his watch, then you and other trump supporters give him credit for that. However, with respect to polite debate, it should also be noted that trump was handed a sweet deal in January 2017. Obama had got that unemployment rate down to 4.6% when he left office -- which is well below the historical averages!  A remarkable achievement given how deep that recession was!  Obama lowerd the unemployment rate from 10% down to 4.6%.  A hard earned improvement during very tough times, of 5.4 percentage points. trump inherited an already humming econopmy and lowered it  further by just 1.1 percentage points.  I won't say it's nothing, but it pales in comparison. It's very much akin to the previous Republican administration handing the ball to new QB, Obama, 4th & long inside his own 3 - already DOWN 21-0 in the first Q....then through hard work grinding out the tough yards, Obama ties the score at 21... and late in the 3rdQ Obama marches the team from the 15 the length of the field to the 7 yard line where he exits the game for trump. In 4 plays trump gets those final 7 yards and pushes Team America across the goal line. The home crowd goes bananas with wild excitement at their new found HERO & SAVIOUR for his awesome skill & leadership. America is finally winning - ALL THANKS TO TRUMP alone....Our Messiah!

You set your argument up on a false premise.  

I think most rational folks don’t blame Trump for them losing their job. 

The rest has been addressed ad nauseam in the other threads.   

Suffice it to say, as I mentioned there Gruden’s name is down as winning a Super Bowl in Tampa. Sure he did it largely with Dungy’s guys, etc.  But Gruden won it.  Next guy gets credit for actually getting them over the hump. 

Trump’s name will forever be attached to the best unemployment numbers and a better economy. 

He did what Obama couldn’t — or wouldn’t — do by removing roadblocks and encouraging jobs to stay here, etc.  

You simply cannot swerve that.  You can NOT like it, you can give SOME credit elsewhere.  BUT you CANNOT remove Trump from it.

That is my point.  

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22:   And if unemployed citizens care about the economy and want to be employed again — re-elect the guy that has proven he can get the unemployment to record lows. Actually the opposite  holds more truth. Smart people would rather NOT re-elect the guy LARGELY RESPONSIBLE for them losing their jobs in the first place.   As for unemployment, I can conceed that during the time of his administration the unemployment level fell to a record low of 3.5% ....and since it occurred on his watch, then you and other trump supporters give him credit for that. However, with respect to polite debate, it should also be noted that trump was handed a sweet deal in January 2017. Obama had got that unemployment rate down to 4.6% when he left office -- which is well below the historical averages!  A remarkable achievement given how deep that recession was!  Obama lowerd the unemployment rate from 10% down to 4.6%.  A hard earned improvement during very tough times, of 5.4 percentage points. trump inherited an already humming econopmy and lowered it  further by just 1.1 percentage points.  I won't say it's nothing, but it pales in comparison. It's very much akin to the previous Republican administration handing the ball to new QB, Obama, 4th & long inside his own 3 - already DOWN 21-0 in the first Q....then through hard work grinding out the tough yards, Obama ties the score at 21... and late in the 3rdQ Obama marches the team from the 15 the length of the field to the 7 yard line where he exits the game for trump. In 4 plays trump gets those final 7 yards and pushes Team America across the goal line. The home crowd goes bananas with wild excitement at their new found HERO & SAVIOUR for his awesome skill & leadership. America is finally winning - ALL THANKS TO TRUMP alone....Our Messiah!

You set your argument up on a false premise.  

I think most rational folks don’t blame Trump for them losing their job. 

The rest has been addressed ad nauseam in the other threads.   

Suffice it to say, as I mentioned there Gruden’s name is down as winning a Super Bowl in Tampa. Sure he did it largely with Dungy’s guys, etc.  But Gruden won it.  Next guy gets credit for actually getting them over the hump. 

Trump’s name will forever be attached to the best unemployment numbers and a better economy. 

He did what Obama couldn’t — or wouldn’t — do by removing roadblocks and encouraging jobs to stay here, etc.  

You simply cannot swerve that.  You can NOT like it, you can give SOME credit elsewhere.  BUT you CANNOT remove Trump from it.

That is my point.  

 
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Posted: Jul. 15, 2020 - 1:42 AM ET #108

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: No matter how you look at it Trump’s name goes down in the record book.  The rest.  I would just recommend a little research and an open mind.   Agreed.  trump stands as only the 3rd IMPEACHED president in history; is ranked in the bottom 4 of all US presidents by 2 large groups of political scholars and presidential historians; has one of the all time WORST job approval records for any president; is the ONLY president *EVER* to *FAIL* to achieve a mean average among several polls of at least 50% at some point in his presidency;  currently holds an abysmal job approval hoovering around 40% (mean avg) ranking the lowest; is the only president to reject science, causing the deaths of over 136,000 Americans; only president to repeatedly denounce his own intel agencies reporting on Russia - including bounties placed on American/allied soldiers; only president to recommend buying Greenland, nuking hurricanes, injecting toxic disinfectants, tout an unproven drug REPEATEDLY, and tell his admin/states to STOP testing in the middle of a serious pandemic because that would make the infection rate go down...

See the above about all of this being addressed elsewhere.  Nothing to do with economy to reply to here. 

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: No matter how you look at it Trump’s name goes down in the record book.  The rest.  I would just recommend a little research and an open mind.   Agreed.  trump stands as only the 3rd IMPEACHED president in history; is ranked in the bottom 4 of all US presidents by 2 large groups of political scholars and presidential historians; has one of the all time WORST job approval records for any president; is the ONLY president *EVER* to *FAIL* to achieve a mean average among several polls of at least 50% at some point in his presidency;  currently holds an abysmal job approval hoovering around 40% (mean avg) ranking the lowest; is the only president to reject science, causing the deaths of over 136,000 Americans; only president to repeatedly denounce his own intel agencies reporting on Russia - including bounties placed on American/allied soldiers; only president to recommend buying Greenland, nuking hurricanes, injecting toxic disinfectants, tout an unproven drug REPEATEDLY, and tell his admin/states to STOP testing in the middle of a serious pandemic because that would make the infection rate go down...

See the above about all of this being addressed elsewhere.  Nothing to do with economy to reply to here. 

 
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Posted: Jul. 15, 2020 - 1:44 AM ET #109

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: Pretty much everyone cares that it ‘was’ humming. AND they want it to get back to where it was. Of course they do. So do I.  Foolish not to.  We had football then!!! But to IGNORE where we are NOW and somehow proclaim "victory" because it used to be good, is beyond silly. Tell that to the Baltimore Ravens.  I suppose they weren't actually defeated, um, because they used to be good with a 14-2 record

Not just football. 

I was very much looking forward to NBA postseason this year! 

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: Pretty much everyone cares that it ‘was’ humming. AND they want it to get back to where it was. Of course they do. So do I.  Foolish not to.  We had football then!!! But to IGNORE where we are NOW and somehow proclaim "victory" because it used to be good, is beyond silly. Tell that to the Baltimore Ravens.  I suppose they weren't actually defeated, um, because they used to be good with a 14-2 record

Not just football. 

I was very much looking forward to NBA postseason this year! 

 
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Posted: Jul. 15, 2020 - 1:45 AM ET #110

Quote Originally Posted by Raiders22:

  The topic here is the economy under Trump vs Obama.  It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.  

Ok. Fair enough. I can't disprove it per se but only because it depends entirely on interpretation and definitions.

I have already pointed out IN THIS THREAD -- with facts -- how Obama's last 3 years are better than trump's last 3 years. I have seen nobody point to facts and links to them that give a persuasive argument to the contrary.

It may well be that BOTH had roaring good economies, but as I made my case, Obama's numbers appear to be even better than trump's numbers. Bottom line.  That does not suggest trump's economy was weak -- just that Obama's was slightly better -- the point of my thread.

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Quote Originally Posted by Raiders22:

  The topic here is the economy under Trump vs Obama.  It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.  

Ok. Fair enough. I can't disprove it per se but only because it depends entirely on interpretation and definitions.

I have already pointed out IN THIS THREAD -- with facts -- how Obama's last 3 years are better than trump's last 3 years. I have seen nobody point to facts and links to them that give a persuasive argument to the contrary.

It may well be that BOTH had roaring good economies, but as I made my case, Obama's numbers appear to be even better than trump's numbers. Bottom line.  That does not suggest trump's economy was weak -- just that Obama's was slightly better -- the point of my thread.

 
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Posted: Jul. 15, 2020 - 1:52 AM ET #111

Quote Originally Posted by DeezyAZ81:

Quote Originally Posted by Rush51: Quote Originally Posted by DeezyAZ81: Quote Originally Posted by Raiders22: For example:  people do better in a good economy. So, once they have experienced it — why would they not care about it and want it to be more like that? Why can’t it get back to what it was pre-pandemic? Those two questions have to be answered honestly and logically for your points to be valid. Seriously not worth my time. You obviously do not know how recessions work, or that it takes years to recover from one like we are seeing now. Deezy... that's  a 3 roller !  Seriously,  when you say " not worth my time," it means you have nothing intelligent to respond back to Raiders with Is that what it means to you? None of your points show any sense of reality or intelligence...similarly to Raiders. Just unsubstantiated claims. No need for the back and forths. You two will never acknowledge reality. Raiders is the same guy that is posting that masks do not help against COVID19..enough said.

You are more than welcome to go to that thread and make your points.  Obviously, you did not get mine — and it was simple. 

Masks are NOT a panacea.  They are not hurting. But the evidence simply doesn’t support the mania.  

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Quote Originally Posted by DeezyAZ81:

Quote Originally Posted by Rush51: Quote Originally Posted by DeezyAZ81: Quote Originally Posted by Raiders22: For example:  people do better in a good economy. So, once they have experienced it — why would they not care about it and want it to be more like that? Why can’t it get back to what it was pre-pandemic? Those two questions have to be answered honestly and logically for your points to be valid. Seriously not worth my time. You obviously do not know how recessions work, or that it takes years to recover from one like we are seeing now. Deezy... that's  a 3 roller !  Seriously,  when you say " not worth my time," it means you have nothing intelligent to respond back to Raiders with Is that what it means to you? None of your points show any sense of reality or intelligence...similarly to Raiders. Just unsubstantiated claims. No need for the back and forths. You two will never acknowledge reality. Raiders is the same guy that is posting that masks do not help against COVID19..enough said.

You are more than welcome to go to that thread and make your points.  Obviously, you did not get mine — and it was simple. 

Masks are NOT a panacea.  They are not hurting. But the evidence simply doesn’t support the mania.  

 
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Posted: Jul. 15, 2020 - 1:59 AM ET #112

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: Look at the confidence and comfort indicators, for example. Oh I do!  Will be putting up more public surveys soon too.  They show EXACTLY what rank and file Americans think.  ANd its not good for adolf.     Quote Originally Posted by Raiders22: Yes. Some of the mom and pop places are gone now and even some of the brand names.  All needlessly.  But the Left and the Media can spin it to blame Trump. They could yes, *OR* they could just point out the facts....either way the result is the same: it is bad and trump is largely to blame     Quote Originally Posted by Raiders22: As the virus dies out it should not be too big of a challenge to find something else to blame on him.   Of course not....no challenge at all....he brings it all on himself on a near daily basis.  We just report it.  But it's very unlikely this virus dies out before trump leaves office. He will be leaving far too dep a mess. Just like the previous REPUBLICAN administration did...     Quote Originally Posted by Raiders22: Instead of being happy of how well things are — Huh ???     Quote Originally Posted by Raiders22: But it is hard to reason with irrationality.We agree on that.

Not sure using that sort of name adds much to your argument.  You make it very well without stooping to that. 

Latest show Republicans  — off top of my head — 72% very much trust Trump on economy.  46% of Democrats very much trust Biden.  

Yes. And ‘bad’ is still relative and dynamic at this time.  

But summarize how ‘Trump’s is largely to blame’?

Yes. Will be gone by then for sure.  

Yes.  Left and Media were never happy when things were better in the economy — that is fact. 

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: Look at the confidence and comfort indicators, for example. Oh I do!  Will be putting up more public surveys soon too.  They show EXACTLY what rank and file Americans think.  ANd its not good for adolf.     Quote Originally Posted by Raiders22: Yes. Some of the mom and pop places are gone now and even some of the brand names.  All needlessly.  But the Left and the Media can spin it to blame Trump. They could yes, *OR* they could just point out the facts....either way the result is the same: it is bad and trump is largely to blame     Quote Originally Posted by Raiders22: As the virus dies out it should not be too big of a challenge to find something else to blame on him.   Of course not....no challenge at all....he brings it all on himself on a near daily basis.  We just report it.  But it's very unlikely this virus dies out before trump leaves office. He will be leaving far too dep a mess. Just like the previous REPUBLICAN administration did...     Quote Originally Posted by Raiders22: Instead of being happy of how well things are — Huh ???     Quote Originally Posted by Raiders22: But it is hard to reason with irrationality.We agree on that.

Not sure using that sort of name adds much to your argument.  You make it very well without stooping to that. 

Latest show Republicans  — off top of my head — 72% very much trust Trump on economy.  46% of Democrats very much trust Biden.  

Yes. And ‘bad’ is still relative and dynamic at this time.  

But summarize how ‘Trump’s is largely to blame’?

Yes. Will be gone by then for sure.  

Yes.  Left and Media were never happy when things were better in the economy — that is fact. 

 
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Posted: Jul. 15, 2020 - 2:04 AM ET #113

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: Quote Originally Posted by fubah2: I see no links to support  your contention There are some in the other threads. But I told you who had them.  For your edification, you can now look them up.   Good to keep up with this stuff.  Curious, if I repost them would you actually read them?  Then would it change your mind if you saw empirical data? I'm a reader.  If you post I will read the links.....but I can recognize partisan BS when I see it.  If any of your links are partisan BS they are immediately dismissed solely on that basis.

Good deal. If you cannot find them.  I can grab a couple of them for you later. peace_5

Usually I am accused of posting too many links and data.

With my background one has to always substantiate with evidence.  

But just search on any good business site or forum and they discuss it in detail.  

Certainly with this new panic all bets may be off. 

But for sure a lot of the guys I deal with day in and day out were not looking for anything near a Vee.  Most were ‘projecting’ years.  

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22: Quote Originally Posted by fubah2: I see no links to support  your contention There are some in the other threads. But I told you who had them.  For your edification, you can now look them up.   Good to keep up with this stuff.  Curious, if I repost them would you actually read them?  Then would it change your mind if you saw empirical data? I'm a reader.  If you post I will read the links.....but I can recognize partisan BS when I see it.  If any of your links are partisan BS they are immediately dismissed solely on that basis.

Good deal. If you cannot find them.  I can grab a couple of them for you later. peace_5

Usually I am accused of posting too many links and data.

With my background one has to always substantiate with evidence.  

But just search on any good business site or forum and they discuss it in detail.  

Certainly with this new panic all bets may be off. 

But for sure a lot of the guys I deal with day in and day out were not looking for anything near a Vee.  Most were ‘projecting’ years.  

 
Raiders22
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Posted: Jul. 15, 2020 - 2:10 AM ET #114

Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22:   The topic here is the economy under Trump vs Obama.  It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.   Ok. Fair enough. I can't disprove it per se but only because it depends entirely on interpretation and definitions. I have already pointed out IN THIS THREAD -- with facts -- how Obama's last 3 years are better than trump's last 3 years. I have seen nobody point to facts and links to them that give a persuasive argument to the contrary. It may well be that BOTH had roaring good economies, but as I made my case, Obama's numbers appear to be even better than trump's numbers. Bottom line.  That does not suggest trump's economy was weak -- just that Obama's was slightly better -- the point of my thread.

I get back to the lab in a bit. I will try to post a couple of links on this.  

Some of the contention is that the USA people were doing all they could despite the Congress and Obama reins. Trump then removed some of the roadblocks and gave the economy a surge.  

The counter — and a work with a couple of advocates of this — is that it was too much too fast.  And when a recession came it would be hard and fast and a very long recovery. Etc.  Both views have merits. 

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Quote Originally Posted by fubah2:

Quote Originally Posted by Raiders22:   The topic here is the economy under Trump vs Obama.  It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.   Ok. Fair enough. I can't disprove it per se but only because it depends entirely on interpretation and definitions. I have already pointed out IN THIS THREAD -- with facts -- how Obama's last 3 years are better than trump's last 3 years. I have seen nobody point to facts and links to them that give a persuasive argument to the contrary. It may well be that BOTH had roaring good economies, but as I made my case, Obama's numbers appear to be even better than trump's numbers. Bottom line.  That does not suggest trump's economy was weak -- just that Obama's was slightly better -- the point of my thread.

I get back to the lab in a bit. I will try to post a couple of links on this.  

Some of the contention is that the USA people were doing all they could despite the Congress and Obama reins. Trump then removed some of the roadblocks and gave the economy a surge.  

The counter — and a work with a couple of advocates of this — is that it was too much too fast.  And when a recession came it would be hard and fast and a very long recovery. Etc.  Both views have merits. 

 
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Posted: Jul. 15, 2020 - 2:12 AM ET #115

Quote Originally Posted by Raiders22:

Quote Originally Posted by Raiders22:

You set your argument up on a false premise.   I think most rational folks don’t blame Trump for them losing their job.

You're stating an opinion. Therefore I can too.  I think most rational people who have lost their jobs as a result of covid-19 and who UNDERSTAND that it *mostly* could have been and *SHOULD* have been prevented from taking such a horrific grip on this country - DO blame trump for their resulting job loss.  Of course farmers affected by trump's tarriffs have been saying that for quite some time too.

 

Quote Originally Posted by Raiders22:

Trump’s name will forever be attached to the best unemployment numbers...

...to date....yes....We don't know what the future may hold over the next 50-100 years of preseidents.

But for now, that is a current Fact.  Nobody can take that away from the newly IMPEACHED president.

He also goes down as the failure presiding over the WORST National Debt of all time.....to date..... He owns that too. Despite his promises to actually reduce the national debt to [quote] "near ZERO"....it's $26.5 TRILLION today and still climbing at a shocking rate.

 

 

Quote Originally Posted by Raiders22:

and a better economy.

If we wrongly compare a 2 term president to a 3 year president then we have to say yes, only because -- through no fault of his own whatsoever (and that is AGREED by Republicans) -- Obama was shackled for years by the effects of a devastating recession. Unfair comparison. Hence Obamas last 3 years compared to trump's last 3 years (pre-pandemic) -- and as I have shown Obamas was/is better.  trump's WAS good, yes, make no mistake! Yes! But Obama's was even better. AND trump got a nice headstart THANKS TO inheriting a great economy from Obama. trump didn't have to do much.  And he didn't.

 

 

Quote Originally Posted by Raiders22:

He did what Obama couldn’t — or wouldn’t — do by removing roadblocks and encouraging jobs to stay here, etc.   You simply cannot swerve that.  You can NOT like it, you can give SOME credit elsewhere.  BUT you CANNOT remove Trump from it. That is my point.

OK. Sounds reasonable in a sense I suppose.  It didn't actually have much of an effect though because Obama handed him a very good economy already, and the last 2Qs of 2019 trumps GDP growth was well UNDER Obama's final 3 year average and trump's skyrocketing deficits....so I can't jump up and down with excitement the way it was heading....YOU might but I don't. 

DEBT is  part of the economy -- and overlooked by most.  Out of sight out of mind.  trump professes to be the "king of debt" His MO is to borrow money for a business, take everything he can squeeze out of the business for himself while it's still solvent, then declare bankruptcy and walk away.... That may work in private practice but we can't allow that to a country. Yet that appears to be what he is doing.  Running up debts to make it appear as if the economy is roaring and he is the cause!!!! Yaay trump!!!  Meanwhile, guess who holds the largest share of our debt...China.  He will proclaim them to be the boogeyman then walk away from payting them back and say: "oh ya, what are you gonna do about it?! HAHAHAHAHAHA "

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Quote Originally Posted by Raiders22:

Quote Originally Posted by Raiders22:

You set your argument up on a false premise.   I think most rational folks don’t blame Trump for them losing their job.

You're stating an opinion. Therefore I can too.  I think most rational people who have lost their jobs as a result of covid-19 and who UNDERSTAND that it *mostly* could have been and *SHOULD* have been prevented from taking such a horrific grip on this country - DO blame trump for their resulting job loss.  Of course farmers affected by trump's tarriffs have been saying that for quite some time too.

 

Quote Originally Posted by Raiders22:

Trump’s name will forever be attached to the best unemployment numbers...

...to date....yes....We don't know what the future may hold over the next 50-100 years of preseidents.

But for now, that is a current Fact.  Nobody can take that away from the newly IMPEACHED president.

He also goes down as the failure presiding over the WORST National Debt of all time.....to date..... He owns that too. Despite his promises to actually reduce the national debt to [quote] "near ZERO"....it's $26.5 TRILLION today and still climbing at a shocking rate.

 

 

Quote Originally Posted by Raiders22:

and a better economy.

If we wrongly compare a 2 term president to a 3 year president then we have to say yes, only because -- through no fault of his own whatsoever (and that is AGREED by Republicans) -- Obama was shackled for years by the effects of a devastating recession. Unfair comparison. Hence Obamas last 3 years compared to trump's last 3 years (pre-pandemic) -- and as I have shown Obamas was/is better.  trump's WAS good, yes, make no mistake! Yes! But Obama's was even better. AND trump got a nice headstart THANKS TO inheriting a great economy from Obama. trump didn't have to do much.  And he didn't.

 

 

Quote Originally Posted by Raiders22:

He did what Obama couldn’t — or wouldn’t — do by removing roadblocks and encouraging jobs to stay here, etc.   You simply cannot swerve that.  You can NOT like it, you can give SOME credit elsewhere.  BUT you CANNOT remove Trump from it. That is my point.

OK. Sounds reasonable in a sense I suppose.  It didn't actually have much of an effect though because Obama handed him a very good economy already, and the last 2Qs of 2019 trumps GDP growth was well UNDER Obama's final 3 year average and trump's skyrocketing deficits....so I can't jump up and down with excitement the way it was heading....YOU might but I don't. 

DEBT is  part of the economy -- and overlooked by most.  Out of sight out of mind.  trump professes to be the "king of debt" His MO is to borrow money for a business, take everything he can squeeze out of the business for himself while it's still solvent, then declare bankruptcy and walk away.... That may work in private practice but we can't allow that to a country. Yet that appears to be what he is doing.  Running up debts to make it appear as if the economy is roaring and he is the cause!!!! Yaay trump!!!  Meanwhile, guess who holds the largest share of our debt...China.  He will proclaim them to be the boogeyman then walk away from payting them back and say: "oh ya, what are you gonna do about it?! HAHAHAHAHAHA "

 
fubah2
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Posted: Jul. 15, 2020 - 2:20 AM ET #116

Quote Originally Posted by Raiders22:

  None of your points show any sense of reality or intelligence...similarly to Raiders. Just unsubstantiated claims. No need for the back and forths. You two will never acknowledge reality. Raiders is the same guy that is posting that masks do not help against COVID19..enough said.

 

You are more than welcome to go to that thread and make your points.  Obviously, you did not get mine — and it was simple.  Masks are NOT a panacea.  They are not hurting. But the evidence simply doesn’t support the mania.

Mania????  What "mania???"

Masks are NOT a panacea! As in 100% foolproof protection in either direction. No.

But they help a great deal in preventing the transmission of the contagion from any symptomatic or Asymptomatic person.  A recent study I posted showed a 65% reduction.  Forgive the pun, but 65% is nothing to sneeze at!

 

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Quote Originally Posted by Raiders22:

  None of your points show any sense of reality or intelligence...similarly to Raiders. Just unsubstantiated claims. No need for the back and forths. You two will never acknowledge reality. Raiders is the same guy that is posting that masks do not help against COVID19..enough said.

 

You are more than welcome to go to that thread and make your points.  Obviously, you did not get mine — and it was simple.  Masks are NOT a panacea.  They are not hurting. But the evidence simply doesn’t support the mania.

Mania????  What "mania???"

Masks are NOT a panacea! As in 100% foolproof protection in either direction. No.

But they help a great deal in preventing the transmission of the contagion from any symptomatic or Asymptomatic person.  A recent study I posted showed a 65% reduction.  Forgive the pun, but 65% is nothing to sneeze at!

 

 
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Posted: Jul. 15, 2020 - 2:39 AM ET #117

Quote Originally Posted by Raiders22:

    Latest show Republicans  — off top of my head — 72% very much trust Trump on economy.  46% of Democrats very much trust Biden.
 

Links to support those numbers ?

 

Quote Originally Posted by Raiders22:

Yes. And ‘bad’ is still relative and dynamic at this time. 

Fair.

 

Quote Originally Posted by Raiders22:

Left and Media were never happy when things were better in the economy — that is fact.

I disagree 100%.  But if you links to support ?

 

 

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Quote Originally Posted by Raiders22:

    Latest show Republicans  — off top of my head — 72% very much trust Trump on economy.  46% of Democrats very much trust Biden.
 

Links to support those numbers ?

 

Quote Originally Posted by Raiders22:

Yes. And ‘bad’ is still relative and dynamic at this time. 

Fair.

 

Quote Originally Posted by Raiders22:

Left and Media were never happy when things were better in the economy — that is fact.

I disagree 100%.  But if you links to support ?

 

 

 
fubah2
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Posted: Jul. 15, 2020 - 2:47 AM ET #118

Quote Originally Posted by Raiders22:

Quote Originally Posted by fubah2: Quote Originally Posted by Raiders22:   The topic here is the economy under Trump vs Obama.  It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.   Ok. Fair enough. I can't disprove it per se but only because it depends entirely on interpretation and definitions. I have already pointed out IN THIS THREAD -- with facts -- how Obama's last 3 years are better than trump's last 3 years. I have seen nobody point to facts and links to them that give a persuasive argument to the contrary. It may well be that BOTH had roaring good economies, but as I made my case, Obama's numbers appear to be even better than trump's numbers. Bottom line.  That does not suggest trump's economy was weak -- just that Obama's was slightly better -- the point of my thread. I get back to the lab in a bit. I will try to post a couple of links on this. 

 

Trump then removed some of the roadblocks and gave the economy a surge.   The counter — and a work with a couple of advocates of this — is that it was too much too fast.  And when a recession came it would be hard and fast and a very long recovery. Etc.  Both views have merits.

Disagree.  The only verifiable and SIGNIFICANT boost to the economy -- despite the negative implications from carrying greater debt -- were the impact of the tax cuts....which research has shown, benefits the wealthy much more than others and actually very little to the lower classes. But there was a business boost technically.

Although to ME, personal opinion, the overall effect of the tax cut boost to the economy, is much like an offense scoring 3 touchdowns and patting itself on the back, but turning the ball over 4 times in their own end resulting in 24 points AGAINST. We can't run this country on a gawdamn credit card as trump seems to like doing.....We should have learned from the Bush years, leaving Obama the worst mess in modern history and by a long shot...

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Quote Originally Posted by Raiders22:

Quote Originally Posted by fubah2: Quote Originally Posted by Raiders22:   The topic here is the economy under Trump vs Obama.  It is very hard to empirically prove that the economy was not roaring under Trump.  Very hard to disprove it — with facts.   Ok. Fair enough. I can't disprove it per se but only because it depends entirely on interpretation and definitions. I have already pointed out IN THIS THREAD -- with facts -- how Obama's last 3 years are better than trump's last 3 years. I have seen nobody point to facts and links to them that give a persuasive argument to the contrary. It may well be that BOTH had roaring good economies, but as I made my case, Obama's numbers appear to be even better than trump's numbers. Bottom line.  That does not suggest trump's economy was weak -- just that Obama's was slightly better -- the point of my thread. I get back to the lab in a bit. I will try to post a couple of links on this. 

 

Trump then removed some of the roadblocks and gave the economy a surge.   The counter — and a work with a couple of advocates of this — is that it was too much too fast.  And when a recession came it would be hard and fast and a very long recovery. Etc.  Both views have merits.

Disagree.  The only verifiable and SIGNIFICANT boost to the economy -- despite the negative implications from carrying greater debt -- were the impact of the tax cuts....which research has shown, benefits the wealthy much more than others and actually very little to the lower classes. But there was a business boost technically.

Although to ME, personal opinion, the overall effect of the tax cut boost to the economy, is much like an offense scoring 3 touchdowns and patting itself on the back, but turning the ball over 4 times in their own end resulting in 24 points AGAINST. We can't run this country on a gawdamn credit card as trump seems to like doing.....We should have learned from the Bush years, leaving Obama the worst mess in modern history and by a long shot...

 
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Posted: Jul. 15, 2020 - 3:15 AM ET #119

Quote Originally Posted by fubah2:

You're stating an opinion. Therefore I can too.  I think most rational people who have lost their jobs as a result of covid-19 and who UNDERSTAND that it *mostly* could have been and *SHOULD* have been prevented from taking such a horrific grip on this country

Sure. That fine.  Why do you say it mostly could have been and should have been prevented?

For example?

Also, what would be your model for it?

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Quote Originally Posted by fubah2:

You're stating an opinion. Therefore I can too.  I think most rational people who have lost their jobs as a result of covid-19 and who UNDERSTAND that it *mostly* could have been and *SHOULD* have been prevented from taking such a horrific grip on this country

Sure. That fine.  Why do you say it mostly could have been and should have been prevented?

For example?

Also, what would be your model for it?

 
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Posted: Jul. 15, 2020 - 3:22 AM ET #120

Masks are NOT a panacea! As in 100% foolproof protection in either direction. No.

But they help a great deal in preventing the transmission of the contagion from any symptomatic or Asymptomatic person.  A recent study I posted showed a 65% reduction.  Forgive the pun, but 65% is nothing to sneeze at!

In the other thread are numerous studies showing they are a lot less effective than people are led to believe.  Lots to ponder on it over there.  

This is just being pushed out there as a cure-all with the 2 meter thing.  Still have to see Pareto, FIT, Farr though, etc.  Masks and 2 meters don’t do it.   All addressed over there. 

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Masks are NOT a panacea! As in 100% foolproof protection in either direction. No.

But they help a great deal in preventing the transmission of the contagion from any symptomatic or Asymptomatic person.  A recent study I posted showed a 65% reduction.  Forgive the pun, but 65% is nothing to sneeze at!

In the other thread are numerous studies showing they are a lot less effective than people are led to believe.  Lots to ponder on it over there.  

This is just being pushed out there as a cure-all with the 2 meter thing.  Still have to see Pareto, FIT, Farr though, etc.  Masks and 2 meters don’t do it.   All addressed over there. 

 
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Posted: Jul. 15, 2020 - 3:26 AM ET #121

It *is* slowing back down....as the trump-virus spreads and hospitalizations increase it will get even worse.

Oh? Maybe, maybe not. But lagging indicators have not popped up yet.  

That for sure is negative thinking though. 

Of course Biden has to come into it — that’s who you guys have as an alternative. So, you have to compare and contrast.  

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It *is* slowing back down....as the trump-virus spreads and hospitalizations increase it will get even worse.

Oh? Maybe, maybe not. But lagging indicators have not popped up yet.  

That for sure is negative thinking though. 

Of course Biden has to come into it — that’s who you guys have as an alternative. So, you have to compare and contrast.  

 
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Posted: Jul. 15, 2020 - 3:52 AM ET #122

Quote Originally Posted by fubah2:

Quote Originally Posted by Rush51: Actually, Fubah....  ""the largely responsible "" part falls on China, but thanks for playing. You DEMS pretend the rest of the world hasn't suffered economically from the Virus First, I am not a Dem.  I have been a proud Independent and Moderate all my life. Voted FOR each of the prseiding US presidents since Carter....I refused to vote in 2016 because I did not like either candidate.  If I was a Dem I would have voted Hillary.  I did not. And HALF my values are conservative.

The rest of the world has suffered indeed.  But WE - with all our might and ability - really should have suffered among the very least -- given good sound federal government leadership. We didn't get it. And the largely responsible part is being kind.  The Columbia University research team were fairly precise.  As much as and even very close to 83% of all the death - and by LOGICAL extension - the suffering, costs, spreading of infection, and economic collapse all stems from ALLOWING this virus to take vigorous hold in America....which trump is responsible for. The safety of our citizens. Job #1.  He failed.  Bigly. In this day and age, any contagion that breaks out virtually anywhere in the world - but particularly in large population centers - is eventually going to infect nearly every country. HOW THEY RESPOND TO THAT IS THE QUESTION.  THAT is where the responsibility lies in regards to keeping casualties LOW. Falsely claiming trump is not largely responsible the AMerican covid death counts (and subsequent economic fallout)  is exactly like blaming the foxes & coyotes for the deaths of half the chickens in the hen house - when it was farmer TRUMP who closed only the front door to the coop, leaving the back door and both side doors WIDE OPEN!!!

China had every opportunity to stem the flow of the Virus, but chose not to...   They resorted to welding people's doors shut to keep their own  people inside their homes, engaging in the largest quarantine effort in human history.  And I am to believe that they couldn't stop the international flights from reaching our shores and Europe's ????   Who are kidding here ?!

No, this isn't like blaming the foxes and coyotes for raiding the hen house.   This is like your neighbor rounding up all the foxes and coyotes,  and dropping them off in your backyard hen House.  an_light

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Quote Originally Posted by fubah2:

Quote Originally Posted by Rush51: Actually, Fubah....  ""the largely responsible "" part falls on China, but thanks for playing. You DEMS pretend the rest of the world hasn't suffered economically from the Virus First, I am not a Dem.  I have been a proud Independent and Moderate all my life. Voted FOR each of the prseiding US presidents since Carter....I refused to vote in 2016 because I did not like either candidate.  If I was a Dem I would have voted Hillary.  I did not. And HALF my values are conservative.

The rest of the world has suffered indeed.  But WE - with all our might and ability - really should have suffered among the very least -- given good sound federal government leadership. We didn't get it. And the largely responsible part is being kind.  The Columbia University research team were fairly precise.  As much as and even very close to 83% of all the death - and by LOGICAL extension - the suffering, costs, spreading of infection, and economic collapse all stems from ALLOWING this virus to take vigorous hold in America....which trump is responsible for. The safety of our citizens. Job #1.  He failed.  Bigly. In this day and age, any contagion that breaks out virtually anywhere in the world - but particularly in large population centers - is eventually going to infect nearly every country. HOW THEY RESPOND TO THAT IS THE QUESTION.  THAT is where the responsibility lies in regards to keeping casualties LOW. Falsely claiming trump is not largely responsible the AMerican covid death counts (and subsequent economic fallout)  is exactly like blaming the foxes & coyotes for the deaths of half the chickens in the hen house - when it was farmer TRUMP who closed only the front door to the coop, leaving the back door and both side doors WIDE OPEN!!!

China had every opportunity to stem the flow of the Virus, but chose not to...   They resorted to welding people's doors shut to keep their own  people inside their homes, engaging in the largest quarantine effort in human history.  And I am to believe that they couldn't stop the international flights from reaching our shores and Europe's ????   Who are kidding here ?!

No, this isn't like blaming the foxes and coyotes for raiding the hen house.   This is like your neighbor rounding up all the foxes and coyotes,  and dropping them off in your backyard hen House.  an_light

 
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Posted: Jul. 15, 2020 - 4:04 AM ET #123

https://www.cnbc.com/2020/06/14/five-charts-that-track-economic-recovery-in-the-us.html

This one is the one on housing, which we look at to see consumer confidence and anticipation.  Usually one of the earlier recovery numbers to look at.  This year over year surprised a lot of folks.

“The increase in home purchases could signal that the housing market is on one of the fastest roads to recovery amid reopening progress.”

Of course, with the swivel to tests and cases coupled with more shutdowns, this should reverse somewhat.

https://www.bloomberg.com/graphics/recovery-tracker/

This is one that shows some areas of everyday things that were starting to turn around and look to reverse as well.

https://www.weforum.org/agenda/2020/03/economic-impact-covid-19/

This is one that was predicting a years-long recovery.

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https://www.cnbc.com/2020/06/14/five-charts-that-track-economic-recovery-in-the-us.html

This one is the one on housing, which we look at to see consumer confidence and anticipation.  Usually one of the earlier recovery numbers to look at.  This year over year surprised a lot of folks.

“The increase in home purchases could signal that the housing market is on one of the fastest roads to recovery amid reopening progress.”

Of course, with the swivel to tests and cases coupled with more shutdowns, this should reverse somewhat.

https://www.bloomberg.com/graphics/recovery-tracker/

This is one that shows some areas of everyday things that were starting to turn around and look to reverse as well.

https://www.weforum.org/agenda/2020/03/economic-impact-covid-19/

This is one that was predicting a years-long recovery.

 
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Posted: Jul. 15, 2020 - 4:05 AM ET #124

And this is from an economist. AND to show how ‘prescient’ he was — he took his retirement funds out of the stock market.  That is TOTALLY the wrong thing to do. Look at HOW MUCH money he lost doing that. All because he did NOT expect the stock market to bounce back like it did:

Stanford University economist Nicholas Bloom is an expert on uncertainty and believes the economy will end this year 10% smaller than it was at the start of 2020, a loss of nearly $2 trillion even with the $2.2 trillion rescue package.

Bloom has personally responded to the decline in an ominous way. He said he pulled his retirement funds and college savings from the stock market and placed them in interest-bearing accounts to wait out the storm.

Showing even others have to admit the recovery was going better than expected:

PARIS (Reuters) - The French economy is pulling out of the slump induced by the coronavirus outbreak at least as fast as expected a month ago, and maybe even a little faster, Bank of France Governor Francois Villeroy de Galhau said on Sunday.

“The recovery is going at least as well as we expected and perhaps a little better,” Villeroy said on LCI television.

https://i.stuff.co.nz/business/122048491/economic-snapshot-will-the-faster-than-expected-recovery-be-snuffed-out

https://www.forbes.com/sites/greatspeculations/2020/06/01/economic-recovery-could-be-faster-than-expected/#42eaf5b67fdf

It isn’t just airlines that are telegraphing a faster-than-expected recovery. Shares of domestic trucking companies have been on a tear, notching all-time highs in two of the past three trading days.

https://www.cnbc.com/video/2020/06/10/the-economic-recovery-is-real-and-coming-up-faster-than-expected-bnp-paribas.html

https://www.ccn.com/the-economy-is-rebounding-faster-than-many-expected-heres-why/

There are many signs of a V-shaped recovery for the economy. That’s a recovery where growth goes down, but then back up again at about the same rate.

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And this is from an economist. AND to show how ‘prescient’ he was — he took his retirement funds out of the stock market.  That is TOTALLY the wrong thing to do. Look at HOW MUCH money he lost doing that. All because he did NOT expect the stock market to bounce back like it did:

Stanford University economist Nicholas Bloom is an expert on uncertainty and believes the economy will end this year 10% smaller than it was at the start of 2020, a loss of nearly $2 trillion even with the $2.2 trillion rescue package.

Bloom has personally responded to the decline in an ominous way. He said he pulled his retirement funds and college savings from the stock market and placed them in interest-bearing accounts to wait out the storm.

Showing even others have to admit the recovery was going better than expected:

PARIS (Reuters) - The French economy is pulling out of the slump induced by the coronavirus outbreak at least as fast as expected a month ago, and maybe even a little faster, Bank of France Governor Francois Villeroy de Galhau said on Sunday.

“The recovery is going at least as well as we expected and perhaps a little better,” Villeroy said on LCI television.

https://i.stuff.co.nz/business/122048491/economic-snapshot-will-the-faster-than-expected-recovery-be-snuffed-out

https://www.forbes.com/sites/greatspeculations/2020/06/01/economic-recovery-could-be-faster-than-expected/#42eaf5b67fdf

It isn’t just airlines that are telegraphing a faster-than-expected recovery. Shares of domestic trucking companies have been on a tear, notching all-time highs in two of the past three trading days.

https://www.cnbc.com/video/2020/06/10/the-economic-recovery-is-real-and-coming-up-faster-than-expected-bnp-paribas.html

https://www.ccn.com/the-economy-is-rebounding-faster-than-many-expected-heres-why/

There are many signs of a V-shaped recovery for the economy. That’s a recovery where growth goes down, but then back up again at about the same rate.

 
 
Rush51
Rush51
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Posted: Jul. 15, 2020 - 4:10 AM ET #125

Fubah... I'm always amused by people like you that speak so highly of O'bamas economy.  Are you aware that he presided over the weakest economic recovery since WWII.  GDP growth was anemic to say the least..

Also, more importantly,  what "did he do"  that allowed the economy to expand at its dismal rate for eight years ?  I'm guessing you don't know the answer ( because he never enacted anything productive economically....., but if you ventured into the investment forum here at covers,.... you just might figure it out. 

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Fubah... I'm always amused by people like you that speak so highly of O'bamas economy.  Are you aware that he presided over the weakest economic recovery since WWII.  GDP growth was anemic to say the least..

Also, more importantly,  what "did he do"  that allowed the economy to expand at its dismal rate for eight years ?  I'm guessing you don't know the answer ( because he never enacted anything productive economically....., but if you ventured into the investment forum here at covers,.... you just might figure it out. 

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