Political Forums  

Go Back   Political Forums > Economy

We appreciate your help

in keeping this site going.
Reply
 
Thread Tools Display Modes
  #191  
Old 10-31-2019, 12:31 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
A vote for a Democrat is a vote for the bull market, according to this chart
‘When the Dems are in office it’s a good time to go all in on stocks’

https://www.marketwatch.com/story/a-...art-2019-10-31

Quote:
No doubt, billionaire Wall Street types are fretting the potential of a “democratic so************************t” taking the White House in 2020. But should they be?

FT Alphaville isn’t so “sure these masters of the universe have got this one right” and created this chart to illustrate that “Democrat presidents have far superior market returns to Republic presidents”:

__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #192  
Old 02-17-2020, 10:52 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
Barack Obama @BarackObama

Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history.

7:46 AM · Feb 17, 2020·Twitter for iPhone
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #193  
Old 02-18-2020, 08:22 AM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
... naturally, the biggest beneficiary of Obama’s signature bill couldn’t stand the fact that he is benefiting, greatly, calling it a con job. Everyone here except the incredibly ignorant Whell and Dondilion know exactly who the con man is.

https://www.newsweek.com/trump-obama...n-jobs-1487730
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #194  
Old 02-18-2020, 11:25 AM
Dondilion's Avatar
Dondilion Dondilion is offline
Jigsawed
 
Join Date: May 2009
Posts: 10,557
When Trump was a presidential candidate he correctly noted that the US economy was a huge bubble: ever-growing deficits, massive debts in many sectors. Additionally, he noted the manipulation of economic metrics, for example those relating to unemployment.

When Trump became president, he quickly claimed the same bogus economic numbers and increased the bubble with tax giveaways and massive spendings (especially military).

The anti Trumpers were hoping for an economic debacle before the election. One of them openly called for recession.

So why has the economy not collapsed, despite Trump's economic negatives?
The people benefiting from Trump's giveaways and continued printing of fiat are people who are close to and early in the system.
The bulk of Trump's handout has not reached the man on the street to cause inflation; it has been invested in the stock market, luxury goods and stuffed abroad.
Moreover both Obama's and Trump's bubbles have been facilitated by US Goodwill, buttressed by Nixon's deal with the Saudis making the US dollar the reserve currency of the world; US big influence in the most important monetary institutions - world bank, IMf, SWIFT.
So the world still buys US debt, despite US poor economic markings.

Essentially, it is Trump's economy. He has it for 3 plus years. If it had imploded?

Last edited by Dondilion; 02-18-2020 at 12:06 PM.
Reply With Quote
  #195  
Old 02-18-2020, 01:57 PM
Oerets's Avatar
Oerets Oerets is offline
Senior Member
 
Join Date: Aug 2011
Location: Derby City U.S.A.
Posts: 8,176
Life is always good on a credit card, especially if you never plan on paying the bill.

Leaving it for another generation or two to worry about!
Reply With Quote
  #196  
Old 02-18-2020, 03:26 PM
Pio1980's Avatar
Pio1980 Pio1980 is offline
Senior Member
 
Join Date: Mar 2014
Location: NE Bamastan
Posts: 11,049
That's how that fascist guy in Germany bought his prosperity image, that and plunder.
__________________
I'll believe corporations are people when Texas executes one.
Reply With Quote
  #197  
Old 02-25-2020, 09:16 AM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
  #198  
Old 03-24-2020, 02:12 PM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,284
Companies that binged on buybacks now seek bailouts from taxpayers

https://www.cnn.com/2020/03/24/busin...ing/index.html

Quote:
Corporate America, armed with the Trump tax cuts, lavished Wall Street with a multi-trillion dollar share buyback spree over the past two years.

Now, some of the same companies that binged on buybacks are in line to receive taxpayer-funded bailouts to keep them alive.
Screw them!
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:35 AM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.