Economists savage Trump's economic agenda

originally posted by: greencmp

originally posted by: Krazysh0t

originally posted by: NewzNose
a reply to: Krazysh0t

Because Obama's plans have worked so very well?

I don't know. You tell me:
Obama economy: 8.7 million jobs

Nice deflection by the way. You can't debate the topic at hand so you have to attack Obama instead. Predictable...

Most of our personal economic ills are directly connected to the absurd economic policies of this administration. The ACA, ARRA, etc. are far worse than Trump's relatively mild protectionist tendencies. Hell, tariffs are at least actually constitutional despite my revulsion for them.

He just needs someone to sit him down and explain economics. Obama can't or won't learn but, I suspect, Trump can.

I disagree. Most of our economic woes are tied directly to war and the military-industrial complex.

originally posted by: greencmp
Most of our personal economic ills are directly connected to the absurd economic policies of this administration. The ACA, ARRA, etc. are far worse than Trump's relatively mild protectionist tendencies.

How so? The economy is actually doing pretty well right now.

He just needs someone to sit him down and explain economics. Obama can't or won't learn but, I suspect, Trump can.

Are you aware that our economy is not only increasing right now but is doing so in spite of many world markets, which are contracting?

US jobs report: economy adds 292,000 positions in strong finish to 2015

US economy moves forward as global growth decreases

The only bad part about the growth is that wage growth is still pretty low. So I'm not sure what you mean by Obama not only screwing up the economy but your insinuation that he refuses to learn how it works. I think your perception of the economy may be a tad skewed from reality.

Trump on the other hand is set to destroy ALL of that. To try to argue that Obama's policies are worse is just naive and unrealistic. Obama took our economy while in the throes of economic freefall and brought our unemployment down to 5%. That is a tough accomplishment to argue against.

Meanwhile, Trump wants to take TONS of workers out of the work pool and ship them out of the country. Yet if unemployment is so low, it will be hard to find replacements for that labor. That's basic supply and demand right there.

a reply to: introvert

The economy has improved considering the state it was in when he took office,

No, not really.

money.cnn.com...

There has been far more hiring under Obama than under Bush. But gains in workers' paychecks are very limited, with median income basically stalling out during Obama's tenure.
Today median income is on par with where it was in 1995, which is one of the reasons many Americans still don't feel the economy has truly improved.

And, Obama is as much the topic as Trump. People clamored for him to be elected, despite his lack of experience, but now they want to point fingers at Trump and call him unqualified or a disaster in the making. Trump is a global business man, where Obama was nothing but a community organizer and a short time Senator, who has done very little to improve the economy.

a reply to: Krazysh0t

Economic Tariff's on goods are for protecting American working interest, but with so much cheap labor and TFZ in other countries it would do little to change the market.

Now to the real point: No tariffs or any other economic legislations are created solely by the president(though as of 2002 the president can 'fast-track' trade agreements). Trump can not "do" half the things he claims he will, but most of the people who listen to him as if he were the absolute truth will never know that he is full of hot air.

Lastly, the US economy will not be saved by the government! A good American economy starts with the people who(on average) spend more than they make every year. On an individual level we go into debt, then on a local level we go into debt, then at a state level we go into debt, and finally, the federal government sends us so deep into debt we will never dig ourselves out.

Many economists say

Glad these guys aren't running the country.

a reply to: Krazysh0t

How so? The economy is actually doing pretty well right now.

You mean prices are going down?

I don't know about where you live, groceries are ever more expensive.

Let me know when shrinkflation reverses its trend. Let me know when wages go up, when interest for savings goes up.

Then we can talk about the economic 'upturn'.

a reply to: NewzNose

It must be understood by more people that, Obama, as well as Trump if he is elected, don't have all that much to do with the writing of law.

Most law is written by people and companies with gobs of money already, to enhance their bottom line.

....Then they pay lobbyists to bribe politicians to pass the legislation they had written by their lawyers, to make legal business practice today that was not legal business practice the day before.

The government and business need to be separate the same as church and state organically are by the constitution.

And then we have this "corporate personhood" bullcrap that makes a legal fiction entitled to the rights of freedom of expression like a living breathing flesh and blood person, when it is nothing but a big dead and soul-less profit generating apparatus with no accountability or conscience....

Cuz it's LEGAL now....

originally posted by: introvert

originally posted by: greencmp

originally posted by: Krazysh0t

originally posted by: NewzNose
a reply to: Krazysh0t

Because Obama's plans have worked so very well?

I don't know. You tell me:
Obama economy: 8.7 million jobs

Nice deflection by the way. You can't debate the topic at hand so you have to attack Obama instead. Predictable...

Most of our personal economic ills are directly connected to the absurd economic policies of this administration. The ACA, ARRA, etc. are far worse than Trump's relatively mild protectionist tendencies. Hell, tariffs are at least actually constitutional despite my revulsion for them.

He just needs someone to sit him down and explain economics. Obama can't or won't learn but, I suspect, Trump can.

I disagree. Most of our economic woes are tied directly to war and the military-industrial complex.

All government spending is deleterious to the economic well being of everybody.

War is not an economic strategy, boondoggles and unjustified military interventions are destructive.

The military is the only legitimate and necessary responsibility that the federal government has.

We are at war and at $600B, it is not the greatest economic threat.

a reply to: DAVID64

And, Obama is as much the topic as Trump. People clamored for him to be elected, despite his lack of experience, but now they want to point fingers at Trump and call him unqualified or a disaster in the making. Trump is a global business man, where Obama was nothing but a community organizer and a short time Senator, who has done very little to improve the economy.

I didn't vote for Obama and I wouldn't vote for Trump for the same reasons.

originally posted by: Krazysh0t

originally posted by: greencmp
Most of our personal economic ills are directly connected to the absurd economic policies of this administration. The ACA, ARRA, etc. are far worse than Trump's relatively mild protectionist tendencies.

How so? The economy is actually doing pretty well right now.

He just needs someone to sit him down and explain economics. Obama can't or won't learn but, I suspect, Trump can.

Are you aware that our economy is not only increasing right now but is doing so in spite of many world markets, which are contracting?

US jobs report: economy adds 292,000 positions in strong finish to 2015

US economy moves forward as global growth decreases

The only bad part about the growth is that wage growth is still pretty low. So I'm not sure what you mean by Obama not only screwing up the economy but your insinuation that he refuses to learn how it works. I think your perception of the economy may be a tad skewed from reality.

Trump on the other hand is set to destroy ALL of that. To try to argue that Obama's policies are worse is just naive and unrealistic. Obama took our economy while in the throes of economic freefall and brought our unemployment down to 5%. That is a tough accomplishment to argue against.

Meanwhile, Trump wants to take TONS of workers out of the work pool and ship them out of the country. Yet if unemployment is so low, it will be hard to find replacements for that labor. That's basic supply and demand right there.

Doing well?

a reply to: greencmp

Do you also factor in the Security and Intelligence industry and the massive amounts of money we spend on "defense"? You may want to look at those numbers and recalculate how much that has an effect on our economy.

originally posted by: hubrisinxs
a reply to: Krazysh0t
Now to the real point: No tariffs or any other economic legislations are created solely by the president(though as of 2002 the president can 'fast-track' trade agreements). Trump can not "do" half the things he claims he will, but most of the people who listen to him as if he were the absolute truth will never know that he is full of hot air.

Agreed. I doubt there is much hard evidence I can present to convince many Trump supporters of his obvious failings...

People (economics, etc) can say all they want. Nothing to remedy the situation has been place in years. Talk is cheap.

I doubt anything is going to change as long as money is allowed to run the country.

originally posted by: intrptr
a reply to: Krazysh0t

How so? The economy is actually doing pretty well right now.

You mean prices are going down?

I don't know about where you live, groceries are ever more expensive.

Let me know when shrinkflation reverses its trend. Let me know when wages go up, when interest for savings goes up.

Then we can talk about the economic 'upturn'.

Well every attempt Obama has tried to increase wages has been met with Republican resistance. So it's hard to blame him for that.

a reply to: greencmp

First off, are you planning on sourcing that graph?

Second off, as I just told another poster, every attempt Obama has made to increase wages has been met with Republican resistance.

Third off, I never said our economy was perfect either. Would you honestly say that our economy is worse off NOW than in 2008?

a reply to: MOMof3

Yeah, because Trump and Bernie and Hillary are elected posers who aren't around long enough to change anything if they are elected, and if they do manage to threaten those un-elected entities who have the true power over everything they will be assassinated like Kennedy and Lincoln were.

Kennedy shortly before he was assassinated.

www.youtube.com...

Before Lincoln was assassinated.

www.rense.com...

Somehow, Eisenhower survived speaking truth to we ignorant sheep.

www.youtube.com..." target="_blank" class="postlink">www.youtube.com...

I don't care if you don't think my links are from what you consider legitimate sources. If you really would like to learn for yourself I suppose you would do your own research to find out what it takes for you to develop your own opinion regarding what the truth is.....

....But then it's nothing more than an opinion, right or wrong....

I find it funny how our government will go to war based on public opinion, our collective opinion, yet when we express our own opinions on other matters of personal importance to ourselves, we are discounted, put into "free speech zones", accused of being a "squeaky wheel" or "conspiracy theorist"....

originally posted by: Krazysh0t
a reply to: greencmp

First off, are you planning on sourcing that graph?

Second off, as I just told another poster, every attempt Obama has made to increase wages has been met with Republican resistance.

Third off, I never said our economy was perfect either. Would you honestly say that our economy is worse off NOW than in 2008?

Click on it, it's a link.

You can't legislate wages by fiat and where there have been state interventions there have been significant increases in unemployment.

We have been interventionist for a long time, it didn't start with Obama. The policies of Bush and Clinton (and their predecessors) are responsible for those symptoms.

Our economy persists despite the repeated floggings it has endured.

What Obama did was double (or quadruple) down on those same failed policies. No constructive reform took place and all of the toxic causes were either left in place or significantly increased.

We lost over a thousand small banks instead of creating tens of thousands of new ones. Our economy is now more susceptible to major failures than ever before.

People are making less money and government is more oppressive than ever. The only winners so far have been insurance companies and successful stock market speculators.

a reply to: MyHappyDogShiner
I will try to research that. But I already believe powerful men like that are killed for a reason,not just by crazy men. Just a side note. I was living in Dallas when jfk was assasinated as teenager. My uncle who owned casinos and bars in ft worth believed it was Russian mafia. Wanted Robert gone too.

originally posted by: Krazysh0t

originally posted by: intrptr
a reply to: Krazysh0t

How so? The economy is actually doing pretty well right now.

You mean prices are going down?

I don't know about where you live, groceries are ever more expensive.

Let me know when shrinkflation reverses its trend. Let me know when wages go up, when interest for savings goes up.

Then we can talk about the economic 'upturn'.

Well every attempt Obama has tried to increase wages has been met with Republican resistance. So it's hard to blame him for that.

Politicians have nothing at all to do with the price of rice.

Edit: When it comes to benefitting the people both sides of the isle talk argue and press conference ad nauseum, but an expenditure for arms shipments or a new aircraft carrier… bang, done deal.

a reply to: intrptr

So if Obama isn't to blame for the low wages then why was that point brought up in the first place?