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

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

Thread Status:
Not open for further replies.
  1. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    There are two ways the economy grows: population growth and productivity growth. What’s needed is productivity growth which increases the rate of increase in the standard of living. Increasing the gdp by bringing in low skilled workers who increase the gdp only because the population grows produces no benefit.
     
  2. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    Nope. This is a strawman.

    I’m correcting you, not shooting myself in the foot.
     
  3. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    Economic demand is a term you made up. There is just demand, and it always precedes production.

    Basic Econ 101
     
  4. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    Nope. What is needed is an increase in demand, which will have a corresponding need for increased production. If you just make more **** nobody is demanding, you will go broke.
     
  5. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    There you go again - denying the fact that production always precedes economic demand.
     
  6. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    "Economic demand" is made up ?? Too funny.
     
  7. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    And there you go again. Increases in economic demand are funded by production. Economics 101. Please stop embarrassing yourself.
     
  8. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    There is no such term as economic demand. You keep making it up, and it’s hilarious.

    Demand always precedes production. Econ 101
     
    Last edited: Jun 23, 2018
  9. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    Yes, lol. There is only demand.
     
  10. Swede Hansen

    Swede Hansen Banned at Members Request

    Joined:
    May 21, 2018
    Messages:
    1,954
    Likes Received:
    954
    Trophy Points:
    113
    Gender:
    Male
    Meanwhile Trump's economy is nearing 4% growth...such good news, eh?
     
    Last edited: Jun 23, 2018
  11. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    Economic demand is not a word. Demand always precedes production. Basic Econ. If you produce **** nobody wants, you go bankrupt.

    This is why conservatives should be barred from holding any kind of public office. The ignorance of economics and basic business administration is a national danger.
     
  12. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    Where does the money come from that funds economic demand ?? As you have acknowledged it comes from production. QED.
     
  13. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    It’s a phrase which anyone with a knowledge of economics understands.

    You’re shooting yourself in both feet again by denying that production always precedes consumption. You’ve posted that production precedes consumption multiple times.
     
  14. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    Yes. The supply side economic policies are working. Too funny to watch the D’s run against economic growth.
     
  15. Swede Hansen

    Swede Hansen Banned at Members Request

    Joined:
    May 21, 2018
    Messages:
    1,954
    Likes Received:
    954
    Trophy Points:
    113
    Gender:
    Male
    Yep and once again they won't have a clue why they got beat. They still think identity politics and leaning left is the way to victory.
     
    Last edited: Jun 23, 2018
  16. nopartisanbull

    nopartisanbull Well-Known Member

    Joined:
    May 5, 2018
    Messages:
    7,029
    Likes Received:
    3,174
    Trophy Points:
    113
    Gender:
    Male
    And according to numerous economists, Trump's economy is also getting closer to a recession, thus, you will celebrate at the most two years of high growth, and then, two years of low growth. In other words, an average of near 2%......and that's the reason why I don't play retarded partisan games.
     
    Last edited: Jun 23, 2018
  17. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    Here in California all the D’s are running on opposition to Trump. No policies except for sanctuary cities and open borders. It’s hilarious.
     
  18. AFM

    AFM Well-Known Member Past Donor

    Joined:
    Dec 15, 2014
    Messages:
    35,786
    Likes Received:
    8,617
    Trophy Points:
    113
    Which economists are those ??
     
  19. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    asked and answered.

    Demand preceded production. If you produce **** nobody wants (or demands), you go bankrupt. Basic econ and business administration.
     
  20. rahl

    rahl Banned

    Joined:
    May 31, 2010
    Messages:
    62,508
    Likes Received:
    7,651
    Trophy Points:
    113
    NO they don't as it's a made up word. The correct term is, demand.

    strawman
     
  21. Swede Hansen

    Swede Hansen Banned at Members Request

    Joined:
    May 21, 2018
    Messages:
    1,954
    Likes Received:
    954
    Trophy Points:
    113
    Gender:
    Male
    Really? I haven't heard that and I watch the business news pretty close. What I hear is leftist people like Robert Reich worry that Trump's policies are ruining the country, whatever that means, not credible predictions of a coming recession.
     
  22. David Landbrecht

    David Landbrecht Well-Known Member

    Joined:
    Jun 9, 2018
    Messages:
    2,005
    Likes Received:
    1,163
    Trophy Points:
    113
    Gender:
    Male
    GDP cannot grow forever at three percent, at least not America's. Does anyone believe this economy can double, ever? It would in about 20 years at 3%/yr.
     
  23. Swede Hansen

    Swede Hansen Banned at Members Request

    Joined:
    May 21, 2018
    Messages:
    1,954
    Likes Received:
    954
    Trophy Points:
    113
    Gender:
    Male
    I don't know of a structural reason why it couldn't providing we could find qualified people to take the jobs that would be created. Qualified means not illegal aliens.
     
    Last edited: Jun 23, 2018
  24. nopartisanbull

    nopartisanbull Well-Known Member

    Joined:
    May 5, 2018
    Messages:
    7,029
    Likes Received:
    3,174
    Trophy Points:
    113
    Gender:
    Male
    Correction: Trump's economy is invincible, and recession proof.
     
  25. Swede Hansen

    Swede Hansen Banned at Members Request

    Joined:
    May 21, 2018
    Messages:
    1,954
    Likes Received:
    954
    Trophy Points:
    113
    Gender:
    Male
    That's not true either. The truth about the economy and credible ideas on where it might be heading is out there and you can find it if you have an open mind.
     
Thread Status:
Not open for further replies.

Share This Page