No smilies, no avatars, no flashing gifs. Just discuss the issues of the day, from last night's telly via football to science or philosophy.
Started by Bleu11 on 24-Nov-2017 20:43:47
Trump and relevant policies - The slumber continues

A thread for people who want to talk about higher priority issues that matters more immediately to the people at the ground level in the US.

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Bleu11 - 24 Nov 2017 20:45:13 (#1 of 188)

Sorry but the other thread has become a clearing-house of everything Trump related so let's see if we can make this work.

Geribaldi - 25 Nov 2017 04:51:38 (#2 of 188)

Stock market is up, joblessness down, GDP rising. While I doubt it has as much to do with anything Trump but more to do with getting rid of Obama, who was the most anti-business president we have ever had.

rearranged - 25 Nov 2017 06:47:17 (#3 of 188)

SInce Trump came into office the S&P is up 10%. In Obama's first 10 months it was up by over 30%.

Over the whole of 2 terms, the only President who had better S&P performance than Obama was Clinton.

http://www.macrotrends.net/2482/sp500-performance-by-president

whitbreadtrophy - 25 Nov 2017 14:01:16 (#4 of 188)

most anti-business president we have ever had.

And already the thread gets hijacked by opinion dressed as fact.

brooklyn - 25 Nov 2017 16:47:10 (#5 of 188)

one might note, geri, that your "I doubt it has much to do with anything Trump" strongly indicates that the positive trends of the Obama economy are simply continuing.

rearranged - 25 Nov 2017 18:03:07 (#6 of 188)

In the last 10 months of the Obama presidency the S&P was up 13% so it certainly is a trend, just a slowing one.

AdrianNTierney - 27 Nov 2017 15:36:01 (#7 of 188)

How about the controversy over the acting director of the CFPB?

No comment on that, Bleu?

Geribaldi - 29 Nov 2017 17:52:43 (#8 of 188)

brooklyn - "one might note, geri, that your "I doubt it has much to do with anything Trump" strongly indicates that the positive trends of the Obama economy are simply continuing."

Nope, just the opposite. What I said is that it is not due to any policies of Trump, because virtually nothing has been enacted into law. What it does have to do with is increased business confidence caused by Obama leaving office.

Stocks rise and fall on confidence and expected, future earnings.

brooklyn - 29 Nov 2017 18:26:05 (#9 of 188)

sure. the market goes up. then it goes down. you would especially be unsurprised at it going up when science and fairness are disregarded, and regulations gutted.

but jobs and the GDP have been rising since Bush II left office and the recession bottomed out.

Geribaldi - 29 Nov 2017 19:45:44 (#10 of 188)

"Science and fairness"? Yes, getting rid of anti-business regulations helps improve confidence.

AdrianNTierney - 29 Nov 2017 20:11:40 (#11 of 188)

"Fairness" = prejudiced opinion.

How does that help anyone or anything?

LucyVanPelt - 29 Nov 2017 20:16:17 (#12 of 188)

Why should any business be allowed to pollute at will? Of course those that do are happy about the elimination of regulation.

Moschops - 29 Nov 2017 20:58:26 (#13 of 188)

Obama was elected during the biggest recession in 70 years. Caused by the greed of business and a lack of regulation of the market. His choices weren't really that surprising.

brooklyn - 29 Nov 2017 21:38:13 (#14 of 188)

<<getting rid of anti-business regulations helps improve confidence.>>

yep. ignoring global warming, for example, and allowing mining etc. that scientists think is dangerous. and allowing carbon emissions -- who needs that treaty?

TinyMcOtter - 29 Nov 2017 21:47:26 (#15 of 188)

OBUMBLER!

AdrianNTierney - 29 Nov 2017 21:55:18 (#16 of 188)

And the bullshit spewing continues!

Just what 'harmful' de-regulation has occurred? The real answer is NONE!

The Paris Accords are another example of political bullsht that have no real effect on much of anything. Other than allowing deceptive politicians to trumpet their 'joy' at doing ... something.

Even if it has no actual affect on much of anything.

Moschops - 29 Nov 2017 21:57:33 (#17 of 188)

It has no affect (sic), and yet the USA still refuses to sign. What fearless iconoclasts they are.

AdrianNTierney - 29 Nov 2017 22:00:48 (#18 of 188)

So what's the point of the Pars Accords then?

Other than political showmanship, that is.

Geribaldi - 29 Nov 2017 23:05:45 (#19 of 188)

moschops - "Obama was elected during the biggest recession in 70 years. Caused by the greed of business and a lack of regulation of the market. His choices weren't really that surprising."

The meltdown was caused due to government interference INTO the mortgage market and was decades in the making.

Geribaldi - 29 Nov 2017 23:07:54 (#20 of 188)

LVP - "Why should any business be allowed to pollute at will? Of course those that do are happy about the elimination of regulation."

Everytime you exhale, you are polluting according to regulations enacted by the EPA under Obama which labeled CO2 as a pollutant:

http://dailysignal.com/2009/12/07/epa-formally-declares-co2-a-dangerous-pollutant/

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