Bad news for Democrats: Stocks record high - Employment 1/2 Century High

Trump deficit at $900 billion.

nice job

 

How many times before the Trump/Gop tax cuts did you predict the current economic boom? That number would be ZERO...Right?

If Obama caused the current economic boom 2-5 years ago then surely you sold your house, cashed in your 401k, and dumped every dime you had into the stock market, didn't you?

Because you knew Obama was so awesome that the only thing stopping the American economic boom was for him to leave office, didn't you?

 

The only "boom" we are encountering as a continuation of the the steady rise over the past few years. I've already posted data on the stock market over that time, which you have ignored. I can do the same for employment and consumer confidence if you want to actually look at facts. Even with the current "boom" I'm not selling my house, cashing in my 401k or dumping every dime I have into the stock market, so even that attempt to bury the facts fails.

 

Have you sold your house and 401k and dumped everything into the stock market? If the current bull market is all caused by Trump, wouldn't that be the rational thing for a Trump fan to do? Be honest.

 

How are you measuring what you consider the tax cut bump?

 

You are talking about the unemployment rate as if there is a direct correlation to employment. There is not.

 

Anyone with any economic sense (or a basic background in the scientific principle of mass balance) could have predicted at least a short term increase in GDP/economic activity.

What do you think happens when you throw nitrous oxide into an engine ? Any idiot can increase household GDP by upping the limit on their credit card and then going out and maxing out those cards. It is the fool that thinks this is a sign that this person is "better off" in the long run.

What is difficult is to maintain economic growth/stability while decreasing the deficit - which is what Obama did - decreasing the deficit from 1.4 Trillion down to ave 550 Billion over his last 3 fiscal years.

Trump spent did 600 Billion in deficit spending in the first half of his first fiscal year. (and we are on track for a Trillion dollar annual deficit).

I would hope that this massive credit card spending increase would do something.

The problem is that this is short term gain for long term pain. Increasing deficit's in a stable economy is reckless. Doing so in a rising interest environment is the pinnacle of fiscal irresponsibility.

Short term gain for a whole lot of long term pain.

 

Not measuring anything. The graphs do not tell the whole story.

 

The reason unemployment is high under Trump is because his administration isn't counting certain people...

They are only counting people who are actively looking for work. They aren't counting people who have given up looking because there are no jobs where they live.

And the reason people are not getting unemployment benefits anymore isn't because they don't want them it's because they are no longer eligible. The Trump administration added alot of new requirements for unemployment benefits that most of the middle class don't meet.

 

So you don't have any measures to propose and yet you think graphe doen't tell the whole story. Graphs tell exactly what has occurred and puts it into a historical context. They do not pretent to tell the future although some may try and predict it although it is usually clearly designated as a prediction.

 

Democrats are praying for long term pain, but they prayed for short term pain too. Maybe they're praying to a false God.

 

Actually... No...

Total working age employment is high.

You're mistaken.

 

I don't see the Trump-haters showing trend lines.

 

What do the Dems have to do with Trump's massive increase in deficit spending ? Talk about deflection.

I realize that information which conflicts with deeply held religious beliefs (beliefs in your God Trump) might be painful but, your denial/deflection/avoidance response is extreme - akin to the response of a religious zealot who using various "thought stopping techniques" implanted in them to help the adherent avoid "bad thoughts".

 

The graphs tell what happened only for what is on the graph. They do not tell why it occurred. For example, if the graph shows unemployment, you cannot conclude what caused the unemployment to rise or fall. Only that it did rise or fall. It does not predict or determine what would have happened if conditions had been different.

 

Over $100 billion is due to the increase in the defense budget because so many units had become non-operational due to lack of parts.

 

Good point.. But..
That's only a small pest of the budget.

Shame on everyone that wrote, voted for, or signed that HoneyPot budget.

That budget slowed down MAGA.

 

You mean because the pentagon spends so much on toys that don't work that they cannot maintain what the already have. Or is it that they didn't actually replace stuff wasted in Iraq so that the actual cost of that stupid war could be disguised.

We spend as much as the next eight highest spending countries combined.

 

They are very expensive very good weapons maintained by the best. However, without adequate parts, they are useless.

That statement, frequently repeated, is very misleading. We spend more because we buy US built equipment which costs more than that built in other countries such as China or Russia. Also we pay our people better than in the other countries including China and Russia.

 

https://en.m.wikipedia.org/wiki/List_of_countries_by_military_expenditures

 

This does not tell the whole story. This is a better source:
http://armedforces.eu/compare/country_USA_vs_China

 

I think it was 200 Billion if memory serves. The US military is far to large and has way too much equipment and far too many "toys" for what is required to defend the homeland.

Pretending we need all this stuff to police the world is an exercise is deception by the Establishment propaganda machine and an exercise in self deception on behalf of those who believe this propaganda.

In 2000 - at 300 Billion/year we had by far the largest military on the planet - one that was easily capable of defending the homeland and maintaining an external presence.

The wars we fought were a huge expensive mess. These wars resulted in zero benefit for US citizens - negative in fact as they have only given extremists more reasons to hate the US and legitimized their complaints.

5000 US soldiers were killed in the war in Iraq - and many more in the 17 year long conflict in Afghanistan - and tens of thousands were wounded both physically and mentally. VA costs have rose by a staggering amount as a function of these wars sending wounded home. The budget for this year is expected to be near 200 Billion which likely does not include "compensation benefits" which were 106 Billion for 2016. The total for spend for that year was 273 Billion. https://en.wikipedia.org/wiki/United_States_Department_of_Veterans_Affairs

 

Leading isn't cheap.

 

I disagree and I am sure there is nothing I can say to convince you otherwise.

 

"Anyone can have an opinion but, is it informed" Say something other than "snark" for God sakes. This is a debating channel after all. Have you nothing to put forward to justify your opinion ?

Why do you think our military should be larger - for what purpose - to look good ?