"No, the economy didn't suddenly get strong under Donald Trump"

Discussion in 'Current Events' started by archives, Feb 18, 2020.

  1. rahl

    rahl Banned

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  2. Paul7

    Paul7 Well-Known Member

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    Bunk, look at this DJIA five year chart:

    https://finance.yahoo.com/quote/^DJI?ltr=1

    After being flat for about a year, something happened in early November 2016 that caused the market to take off. IMHO it was the market factoring in lower regulation and taxes after the Trump win. Even CNN said the recent market spurt was it's factoring in the favorable chances of Trump being re-elected instead of some Dem. socialist nutjob.
     
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  3. rahl

    rahl Banned

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    using his magic time machine, which took him back to 2010, when the current trend line started and remained unchanged since then?
     
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  4. bx4

    bx4 Well-Known Member

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    Look at it from Jan 1 2009. It has continued generally upward with no significant improvement in the long-term trend line since Trump took office.
     
  5. TheImmortal

    TheImmortal Well-Known Member

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    Absolutely agree. That’s the type of economy he was building. A faux economy that only worked for a short period.
     
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  6. TheImmortal

    TheImmortal Well-Known Member

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    Then maybe you can demonstrate it because your pathetic little graph did nothing of the sort.
     
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  7. TheImmortal

    TheImmortal Well-Known Member

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    So it can’t determine from 2008-2015?
     
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  8. TheImmortal

    TheImmortal Well-Known Member

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    No. You didn’t lol your graph did not differentiate between temporary and permanent jobs. No matter how many times you say it did. It only differentiated between part time and full time.

    Post it again so everyone can see.
     
    Last edited: Feb 19, 2020
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  9. bx4

    bx4 Well-Known Member

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    Not when the starting point is 2005. The study expressly said that it could not conclude how much of the migration towards more alternative work arrangements occurred before, during or after the Great Recession.
     
  10. TheImmortal

    TheImmortal Well-Known Member

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    Riiiight but the conclusion they reached was that of ALL the jobs from 2005-2015 that were created 94% of them were temporary. That includes the time period Obama was creating jobs. If he were creating permanent positions they would have been included as well. But he wasn’t.
     
    Last edited: Feb 19, 2020
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  11. bx4

    bx4 Well-Known Member

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    You are drawing conclusions that the report itself expressly says can’t be drawn from its research.
     
  12. TheImmortal

    TheImmortal Well-Known Member

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    ... so if 94% of ALL of the jobs from 2005-2015 which were created were temporary positions and Obama created 10,000,000 “jobs” from 2008-2016.

    What logic do you or anyone else use to conclude the VAST majority of those jobs weren’t temporary?
     
    Last edited: Feb 19, 2020
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  13. Yulee

    Yulee Well-Known Member

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    There is no such thing as a permanent position. Everyone is an at will employee for the most point.

    But, contract positions are the new normal. Folks are choosing them over direct hire positions. They can do that from a position of strength.
     
  14. TheImmortal

    TheImmortal Well-Known Member

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    That’s interesting because Trumps numbers are significantly more skewed to permanent and not temporary positions.

    And temporary positions are different than an at Will employee because they have a specific termination date in most cases.
     
  15. Yulee

    Yulee Well-Known Member

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    So how do you factor in contract positions with no end dates. Quite frankly, they are direct hires for the contract houses. How is that factoring in to the temporary angle. 94% is kinda silly to claim though.
     
  16. rahl

    rahl Banned

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    my graph is the official BLS data for that time period. Your claim is proven bullshit.
     
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  17. bx4

    bx4 Well-Known Member

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    The study was looking at a shift in the way people work, and expressly said they could not conclude how much of that shift occurred before, during or after the Great Recession.

    Sorry that is inconvenient for you, but that is what the report says.

    Anyway, that is only one metric. Virtually every economic metric has been on the same trend line since 2010. The best thing you can say about Trump is that he hasn't ****ed up Obama's economy.
     
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  18. doombug

    doombug Well-Known Member

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    Yes it did.
     
  19. archives

    archives Well-Known Member

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    And there we have the Trump devotee demogogue educated lemming, regardless of the facts, "yes it did" cause Trump said so
     
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  20. fmw

    fmw Well-Known Member

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    A very poor analysis of reality. Probably prepared by left wing economists.
     
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  21. archives

    archives Well-Known Member

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    Now is that because it negates everything you heard from your demagogues?

    Unlike your demogogues, the source I used not only cited documentation, but also provided sites one could obtain further validation

    Until you can offer something invalidating any of it you are 100% incorrect
     
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  22. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    Try looking up the Community Redevelopment Act. Banks were forced to make loans to folks who had no chance of paying it back. The Home lenders created mortgage back securities and put a few bad loans in the good ones at first. The Government forced them to do it.
     
  23. fmw

    fmw Well-Known Member

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    That's your opinion. I think I'm 100% correct. Put the same documentation in the hands of conservative economists and you will get a very different picture. The problem is that economics is social analysis and not science. People are difficult to understand and predict. Hence the poor value of economics.
     
  24. Distraff

    Distraff Well-Known Member

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    You certainly aren't crazy. Republicans suddenly decided the economy was great the minute Trump was elected:
    [​IMG]
     
  25. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    It means they have to work in order to eat.
     
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