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Trump's Economy Still Unable to Rise above 3% Growth

Discussion in 'Current Events' started by GraspingforPeace, Mar 28, 2018.

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  1. AFM

    AFM Well-Known Member Past Donor

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    Unlike the Obamanomics recovery where the real median household income was stagnant.
     
    AFM, Jul 16, 2018
    #1451
  2. AFM

    AFM Well-Known Member Past Donor

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    The real median household income is increasing and is at its highest level ever.
     
    AFM, Jul 16, 2018
    #1452
  3. AFM

    AFM Well-Known Member Past Donor

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    AFM, Jul 16, 2018
    #1453
  4. ronv

    ronv Well-Known Member

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    upload_2018-7-16_10-49-51.jpeg
     
    ronv, Jul 16, 2018
    #1454
  5. AFM

    AFM Well-Known Member Past Donor

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    AFM, Jul 16, 2018
    #1455
  6. grapeape

    grapeape Well-Known Member Past Donor

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    Just WOW.

    Real income IS increasing, but so are prices.

    And if you have to ask how debt holds down spending, your not qualified to be in the debate.

    Mariner Eccles:
    “As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth ... to provide men with buying power. ... Instead of achieving that kind of distribution, a giant suction pump had by 1929-30 drawn into a few hands an increasing portion of currently produced wealth. ... The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs out the game will stop.“
     
    grapeape, Jul 16, 2018
    #1456
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  7. AFM

    AFM Well-Known Member Past Donor

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    What part of “real” income don’t you understand.

    You are quoting FDR’s Mortimer Eccles who created a depression out of a recession?? Too funny.
     
    AFM, Jul 16, 2018
    #1457
  8. grapeape

    grapeape Well-Known Member Past Donor

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    Bah ahah ahaha.....”created”......You may want to crack a book on what caused the great depresssion my friend. It’s soooooo much closer to Reagonomics than you would care to admit.
     
    grapeape, Jul 16, 2018
    #1458
  9. AFM

    AFM Well-Known Member Past Donor

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    That’s absurd. Reaganomics caused the GD. Tell us more about that. Then explain how the Stalin inspired NRA and AAA resulted in pathetic economic and job growth.
     
    AFM, Jul 16, 2018
    #1459
  10. Moonglow

    Moonglow Well-Known Member

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    And I thought I was a dumbshyt..Thanks Buddy..
     
    Moonglow, Jul 16, 2018
    #1460
  11. AFM

    AFM Well-Known Member Past Donor

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    You were correct.
     
    AFM, Jul 16, 2018
    #1461
  12. danielpalos

    danielpalos Banned

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    the ones Your guy started.
     
    danielpalos, Jul 16, 2018
    #1462
  13. AFM

    AFM Well-Known Member Past Donor

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    Nothing has been started.
     
    AFM, Jul 16, 2018
    #1463
  14. Nylon Oxygen

    Nylon Oxygen Newly Registered

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    Do we actually need endless, ecologically unsustainable economic growth
     
    Nylon Oxygen, Jul 16, 2018
    #1464
  15. danielpalos

    danielpalos Banned

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    tariffs are trade barriers.
     
    danielpalos, Jul 16, 2018
    #1465
  16. AFM

    AFM Well-Known Member Past Donor

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    What tariffs.
     
    AFM, Jul 16, 2018
    #1466
  17. Moonglow

    Moonglow Well-Known Member

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    Only until they are depleted and humans turn on each other for consumption.
     
    Moonglow, Jul 16, 2018
    #1467
  18. danielpalos

    danielpalos Banned

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    right wing intelligence is fake news.
     
    danielpalos, Jul 16, 2018
    #1468
  19. AFM

    AFM Well-Known Member Past Donor

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    Growth is completely compatible with nature. Nature actually depends on economic growth. Economic productivity growth increases the rate of increase of the standard of living. Why would anyone be against that ?? Only Malthusians.
     
    AFM, Jul 16, 2018
    #1469
  20. AFM

    AFM Well-Known Member Past Donor

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    Nothing again.
     
    AFM, Jul 16, 2018
    #1470
  21. ronv

    ronv Well-Known Member

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    So exciting.

    upload_2018-7-16_21-27-10.png
    [​IMG]
     
    ronv, Jul 17, 2018
    #1471
  22. AFM

    AFM Well-Known Member Past Donor

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    AFM, Jul 17, 2018
    #1472
  23. grapeape

    grapeape Well-Known Member Past Donor

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    I said it was closer to reganomics than you think. But nice dodge......

    Tell us what caused the Great Depression;)
     
    grapeape, Jul 17, 2018
    #1473
  24. AFM

    AFM Well-Known Member Past Donor

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    How was it closer to Reaganomics ??

    Read "The Forgotten Man". That's a good start for you. FDR even managed to pull off a recession in the middle of the GD.
     
    AFM, Jul 17, 2018
    #1474
  25. grapeape

    grapeape Well-Known Member Past Donor

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    Reaganomics IS supply side. It puts the money in the hands of production, and not consumption.

    The great depression was caused by the fact that their was not enough money on the hands of consumers to keep the economy going.
     
    grapeape, Jul 17, 2018
    #1475
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