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      05-04-2019, 01:43 PM   #23
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Originally Posted by ScottSinger View Post
Two dads.
Well that explains it.
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      05-04-2019, 04:17 PM   #24
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Seriously guys. Why do you respond to that half-wit? If you don't respond, he goes away. Have restraint!
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      05-04-2019, 06:03 PM   #25
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It's unfortunate that thread like this will end up into a pissing contest between left vs. right that has nothing to do with economics. Instead we should seriously consider:

1. the true inflation not some fed bs.
2. the eventual debt that will be paid (through inflation ... duh?)
3. the imbalance created by Trump tax cut.
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      05-04-2019, 06:23 PM   #26
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Did the low unemployment rate help LBJ, or Nixon?
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      05-04-2019, 06:26 PM   #27
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Quote:
Originally Posted by ScottSinger View Post
Donald fornicated with this...
And when that particular egg salad sandwich went bad he simply bought another, and then another...

Talk about winning.

Attachment 2046402
Then why did he cheat on her?
.
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      05-04-2019, 06:50 PM   #28
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Then why did he cheat on her?
.
.
I thought that was just a rumor...
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      05-04-2019, 07:22 PM   #29
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It's completely unfair to attribute a continuing upward trend in the economy to Trump or his policies. Same as it would be unfair to attribute them to Obama and his. Since 2008 basically every single measurable economic metric has been on a continuous uptrend.

Look at the graphs and stats released by BLS and USBEA. There is no sudden change, its all standard trend across more than a decade. If Trump gets elected to a second term it will continue this way barring some sort of economic meltdown or war and the same will happen if one of the thousand democratic candidates gets elected.

One thing is for sure, no matter who continues on in the white house, our debt will continue to skyrocket and we will eventually be in for a world of hurt unless something big changes.
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      05-04-2019, 07:27 PM   #30
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Originally Posted by Djetaine View Post
It's completely unfair to attribute a continuing upward trend in the economy to Trump or his policies. Same as it would be unfair to attribute them to Obama and his. Since 2008 basically every single measurable economic metric has been on a continuous uptrend.

Look at the graphs and stats released by BLS and USBEA. There is no sudden change, its all standard trend across more than a decade. If Trump gets elected to a second term it will continue this way barring some sort of economic meltdown or war and the same will happen if one of the thousand democratic candidates gets elected.

One thing is for sure, no matter who continues on in the white house, our debt will continue to skyrocket and we will eventually be in for a world of hurt unless something big changes.
Well said.

The question is when will this world of hurt occur as debt has been rising since the dawn of time...
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      05-04-2019, 07:31 PM   #31
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Quote:
Originally Posted by Djetaine View Post
It's completely unfair to attribute a continuing upward trend in the economy to Trump or his policies. Same as it would be unfair to attribute them to Obama and his. Since 2008 basically every single measurable economic metric has been on a continuous uptrend.

Look at the graphs and stats released by BLS and USBEA. There is no sudden change, its all standard trend across more than a decade. If Trump gets elected to a second term it will continue this way barring some sort of economic meltdown or war and the same will happen if one of the thousand democratic candidates gets elected.

One thing is for sure, no matter who continues on in the white house, our debt will continue to skyrocket and we will eventually be in for a world of hurt unless something big changes.
I think the FED is playing a dangerous game. It's like stunt men in Hollywood. It looks kind of cool until you're dead.
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      05-04-2019, 07:34 PM   #32
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Quote:
Originally Posted by .2pdk View Post
Well said.

The question is when will this world of hurt occur as debt has been rising since the dawn of time...
Since the dawn of time? Let me guess ... you're a vampire ... impervious to death lols.
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      05-04-2019, 07:41 PM   #33
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Quote:
Originally Posted by .2pdk View Post
Well said.

The question is when will this world of hurt occur as debt has been rising since the dawn of time...
That I can't answer. People have been saying that we will crash forever and everyone has been wrong. We had a pretty hefty crash in 07-08 but that was due to deregulation, lack of ethics and corporate greed not overspending.

The CBO projects interest spending to overtake defense spending within the next 10 years. If that happens, I honestly can't see the US not defaulting unless they start buying off debt with FR money. If the Bush/Obama era taught us anything, it's that politicians will do anything in a fiscal crisis regardless of the long term outcome.

If congress does end up authorizing a debt buyout, that will definitely trigger a recession or at the very least stagnation. We've already seen the same thing happen in Japan and Switzerland and their economies are not exactly doing well (granted, a lot of that has to do with declining population as well but still)
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      05-04-2019, 07:51 PM   #34
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Originally Posted by Djetaine View Post
If the Bush/Obama era taught us anything, it's that politicians will do anything in a fiscal crisis regardless of the long term outcome.
As long as the USD remains the top reserve currency of the world I believe it will give them license to continue doing so.
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      05-05-2019, 12:37 PM   #35
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Labor force participation has increased since 2016 meaning that the unemployment rate is relatively lower than the lowest numbers posted under Mr. Obama's presidency.
LFPR is exactly the same as it was back in 2013 and exactly the same as it was at the start of Trump's presidency

Last edited by other_evolved; 05-05-2019 at 12:46 PM..
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      05-05-2019, 01:47 PM   #36
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LFPR is exactly the same as it was back in 2013 and exactly the same as it was at the start of Trump's presidency
.
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      05-05-2019, 02:48 PM   #37
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Right, thats proving my point. The larger point here is that the LFPR has been falling for nearly two decades and that was, by and large, predicted. The single largest contributing factor for it falling, and staying somewhat static (even in the current economy) is demographic patterns. If Trumps economy is as booming as he claims, why have we seen zero movement on LFPR?

*Our current economy is good, don't get me wrong....but its not booming like in prior cycles. Last year was probably the high point for GDP growth and we got 2.9%.
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      05-05-2019, 06:53 PM   #38
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Quote:
Originally Posted by Djetaine View Post
It's completely unfair to attribute a continuing upward trend in the economy to Trump or his policies. Same as it would be unfair to attribute them to Obama and his. Since 2008 basically every single measurable economic metric has been on a continuous uptrend.

Look at the graphs and stats released by BLS and USBEA. There is no sudden change, its all standard trend across more than a decade. If Trump gets elected to a second term it will continue this way barring some sort of economic meltdown or war and the same will happen if one of the thousand democratic candidates gets elected.

One thing is for sure, no matter who continues on in the white house, our debt will continue to skyrocket and we will eventually be in for a world of hurt unless something big changes.
How many times have I said that?
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      05-05-2019, 10:34 PM   #39
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How many times have I said that?
Not you specifically, but that's the general consensus of this thread, and most of this forum for that matter.
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      05-05-2019, 10:40 PM   #40
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the scariest thing for democrats gearing up to 2020 isn't the so fresh faces they radicalized that are now trying to usurp power within the party, it's black voters with jobs

when people become stakeholders in a free market economy, they tend to stop voting for socialised spending
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      05-05-2019, 11:29 PM   #41
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the scariest thing for democrats gearing up to 2020 isn't the so fresh faces they radicalized that are now trying to usurp power within the party, it's black voters with jobs

when people become stakeholders in a free market economy, they tend to stop voting for socialised spending
The possibility of losing that guaranteed bloc of votes is something they have seen. That's why they are so hell bent on no border controls - create a new group needing state social services.
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      05-05-2019, 11:48 PM   #42
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The possibility of losing that guaranteed bloc of votes is something they have seen. That's why they are so hell bent on no border controls - create a new group needing state social services.
the DMV is going to pretty busy issuing new licenses leading up to the 2020 election
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      05-06-2019, 06:40 AM   #43
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Quote:
Originally Posted by domino_z View Post
the scariest thing for democrats gearing up to 2020 isn't the so fresh faces they radicalized that are now trying to usurp power within the party, it's black voters with jobs

when people become stakeholders in a free market economy, they tend to stop voting for socialised spending
Quote:
Originally Posted by gjm120 View Post
The possibility of losing that guaranteed bloc of votes is something they have seen. That's why they are so hell bent on no border controls - create a new group needing state social services.
Blacks stayed away in droves for Mrs. Clinton because she was a detestable candidate who was unsympathetic to the perceived needs of the black community. Her hubris cost her the election and the hubris of the Democratic party will cost them in 2020. Same stuff, different election.
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      05-06-2019, 09:06 AM   #44
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Originally Posted by domino_z View Post
the scariest thing for democrats gearing up to 2020 isn't the so fresh faces they radicalized that are now trying to usurp power within the party, it's black voters with jobs

when people become stakeholders in a free market economy, they tend to stop voting for socialised spending

So you're saying that the 65 million people that voted Democrat in the 2016 election have no stake in a free market economy?
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