Scaramucci no longer backs Trump's reelection, says change may be needed at top of ticket

Discussion in 'Current Events' started by 3link, Aug 12, 2019.

  1. JakeStarkey

    JakeStarkey Well-Known Member

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    The economy recovered well under Obama et al to a good point, which it has taken Trump almost 30 months to crash it with a tax cut and a rising deficit.
     
  2. Esperance

    Esperance Well-Known Member Past Donor

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    You wish...

    The average common voter is getting a first hand view of how rotten and morally bankrupt the Democrat Party actually is.
     
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  3. Polydectes

    Polydectes Well-Known Member

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    Yeah probably not it's like removing the freedom of the press.
     
  4. Par10

    Par10 Well-Known Member

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    Scaramucci
    Scaramucci
    will you do the fandango?
     
    Last edited: Aug 14, 2019
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  5. JakeStarkey

    JakeStarkey Well-Known Member

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    Both party organizations are rotten fruit, the GOP no better than the Dems.
     
  6. APACHERAT

    APACHERAT Well-Known Member Past Donor

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    If the RNC were just half as corrupt as the DNC, it would be President Jeb Bush today.
     
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  7. Paul7

    Paul7 Well-Known Member

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    LOL, the tax cut has created the lowest unemployment in 50 years for all classes and the highest consumer confidence in 18, similar to when Reagan and JFK cut taxes. Usually the worse the recession the more dramatic the recovery, not with the community organizer.
     
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  8. Paul7

    Paul7 Well-Known Member

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    The Swamp is bi-partisan.
     
  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump is a micro-manager, one most people hate to work for, it's why his businesses failed - he has too fragile an ego to listen to anyone else's ideas, everyone around him is afraid to disagree with him
     
    Last edited: Aug 14, 2019
  10. Space_Time

    Space_Time Well-Known Member

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    Here's more:

     
  11. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    Recovered well? His mean GDP growth rate never made it over 1.8% over all 8 years.
     
  12. JakeStarkey

    JakeStarkey Well-Known Member

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    :) Her you go.

    [​IMG]
    https://www.barrons.com/articles/un-spinning-the-trump-obama-gdp-numbers-51553801603

    Perspective is always a Trumpian downfalll.

    We’ll start with the best that can be said on behalf of Trump-o-Nomics. While fourth-quarter GDP was revised down to an annualized 2.3% from 2.6%, it was still up by a respectable 3% from fourth quarter 2017. In the seven-quarter period so far under President Trump (following the convention of attributing an incoming president’s first quarter to his predecessor), growth ran an equally respectable 2.9%.

    Compared with that 2.9%, Trump triumphalists might point out that during President Obama’s 31 quarters—from the start of the expansion in third-quarter 2009 through first-quarter 2017—growth ran just 2.2%. Against nominal GDP of $20 trillion, the 0.7% margin amounts to an extra $140 billion, which is hardly chump change.

    The chart tracks the annualized percentage gain in real GDP over rolling seven quarters from 2011 to the present. Notice that in 2014 and 2015, there were seven-quarter periods that did about as well or slightly better than the most recent seven quarters. The most you can claim is that Obama’s final seven quarters, ending in first-quarter 2017, ran a thudding 1.5%, while his successor somehow pulled that out of the basement, boosting it to 2.7%. But that claim seems premature this early in the game.

    This impartial scorecard should be contrasted with the approach taken by different partisans—since they might well reveal their partiality again.

    Take a case of spinning the results in Trump’s favor. Speaking of “an economic takeoff that had failed to occur under the policies of the previous administration,” former Senator Phil Gramm claimed in a Wall Street Journal op-ed that “real gross domestic product grew by 3.1% from the fourth quarter of 2017 to the fourth quarter of 2018—the largest rise in 13 years.” In other words, you had to reach back 13 years, under George W. Bush, to find a comparable performance. The clear implication was that nothing like this had ever been seen on Obama’s watch.
     
  13. truth and justice

    truth and justice Well-Known Member

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    get the economy rocking? The DJIA is at the same level of 19 months ago, the GDP rate is at 2% and other economic indicators are on the same trend as was under Obama. Meanwhile the US debt has rocketed and the promised infrastructure improvements is still on the waiting list
     
  14. Zorro

    Zorro Well-Known Member

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    THE MOOCH, BILL KRISTOL AND THE NEVERTRUMP QUEST FOR RELEVANCE:

    “Consider this headline: ‘Anthony Scaramucci talks to Bill Kristol about trying to force Trump off the GOP ticket in 2020.’ Can you guess the source? If you said ‘The Onion,’ you would have made a perfectly rational judgment… But no. A joke it may be — an absurdity, too — but the source of that story is not The Onion but CNBC, not exactly an unimpeachable source, I know, but at least one with some pretensions to reporting as distinct from satire.”
     

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