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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    Funny stuff.
     
  2. AFM

    AFM Well-Known Member Past Donor

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    Tax cuts and deregulation lowers the government costs of production. That's what supply side economics is all about. That's not tax evasion. Do some homework and try to understand supply side economics.

    What books on supply side economics have you read ?? Apparently none.
     
  3. One Mind

    One Mind Well-Known Member Past Donor

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    I have seen the data on the demise of the middle class and my reality here in the South supports that. Showing you the data will only elicit denial, or accusations of left wing researchers lying. So I have learned not to indulge. But the stats are out there and accepted by all but your camp. You can lead a horse to water but you cannot make him drink. You refuse to drink because of beliefs, that are IMO disconnected from reality. You can personally see those stats in the most places that we live but that too must be ignored. Ignor-ance. The state of ignoring. For various reasons, mostly ideological. My beliefs came not because of ideology but observation coupled with logic, rationality, reason, unlike your own, IMO.
     
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  4. rahl

    rahl Banned

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    Economic demand is not a word that exists in the English language. You made it up, and you've been called on it enough times by myself and numerous others.
     
  5. rahl

    rahl Banned

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    no, I don't think your detachment from reality is funny. I think it is sad, and I think it is intentional, as you've been corrected enough times, by numerous people on the matter.
     
  6. rahl

    rahl Banned

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    no, just reality.
     
  7. AFM

    AFM Well-Known Member Past Donor

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    Nothing as I suspected. And no understanding of the real median household income as the best metric for showing economic progress under supply side in comparison with command-control.
     
  8. Margot2

    Margot2 Banned

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  9. Bluesguy

    Bluesguy Well-Known Member Donor

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    And that has what to do with my statement?
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    Already rebutted.
     
  11. Margot2

    Margot2 Banned

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  12. AFM

    AFM Well-Known Member Past Donor

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  13. Margot2

    Margot2 Banned

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  14. AFM

    AFM Well-Known Member Past Donor

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  15. Giftedone

    Giftedone Well-Known Member Past Donor

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    I did not say "tax evasion" Learn to read. I already told you I have read books on supply side economics. I do not remember the name of the textbook I used 2 decades ago but, I do remember a conversation with the Ombutsman of the Cayman Islands who told me exactly how companies can avoid paying taxes .. all perfectly legal.

    Your assertion that one needs to have read a book on supply side (rather than info, commentary and so on from the internet) to understand supply side is logical fallacy.

    You have clearly not done your homework ( or failed your homework) because you have not managed to give any support for your claim that supply side helped our economy. It is not up to me to prove your claim wrong (although I have done so) ... It is up to you to back you your claim with something other than the fallacious "I have read a book" or the equally fallacious "you did not read the book".

    I have read books by Soros, James Dale Davidson and Moog, Niall Fergusen. I read the economist on a regular basis and have read numerous articles on Reaganomics.

    The difference between you and me is that I actually understood what I read and can make a coherent argument.
     
  16. nopartisanbull

    nopartisanbull Well-Known Member

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  17. nopartisanbull

    nopartisanbull Well-Known Member

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    Last edited: Jun 25, 2018
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  18. rahl

    rahl Banned

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    why do you post things you know aren't true?
     
  19. AFM

    AFM Well-Known Member Past Donor

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    So how do supply side economic policies enable corporations to avoid paying taxes ??

    As I thought - you know nothing about supply side economics. You read a book by George Soros and claim to be knowledgeable on supply side economic principles ?? Too funny.
     
    Last edited: Jun 25, 2018
  20. AFM

    AFM Well-Known Member Past Donor

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  21. Bluesguy

    Bluesguy Well-Known Member Donor

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    Already rebutted
     
  22. rahl

    rahl Banned

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    why do you post things you know aren't true?
     
  23. nopartisanbull

    nopartisanbull Well-Known Member

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    Question; What's the 2018 Q2 GDP Growth rate?

    Answer; The Trumpeteers have been flashing an ESTIMATE of 4%, and OBVIOUSLY the highest estimate among several GDP forecasters, thus, COULD be 4%, COULD be 3.5%, COULD be 3%, COULD be 2.5%, and COULD be 2%, thus, who knows? its way too early.

    When will BEA release the 2018 Q2 GDP growth rate ADVANCE ESTIMATE; July 27

    When will BEA release its Q2 second ESTIMATE; August 29...based on "more complete source data.

    When will BEA release its Q2 revised ESTIMATE; September 27

    ---------------

    Impact Of China's New Tariffs COULD Be 'Huge' On U.S. Soybean Farmers

    https://www.npr.org/2018/03/31/5993...-tariffs-could-be-huge-on-u-s-soybean-farmers

    "Grant Kimberly of the Iowa Soybean Association tells NPR that IF long term, the effect of China's proposed tariffs on U.S. soybeans COULD be "devastating" to American soybean producers"

    "IF there is a tariff around the range that they're projecting, which would be a 25 percent tariff, our exports WOULD PROBABLY drop by around 70 percent in total"

    ------------

    COULD, IF, WOULD PROBABLY, thus, who knows, its way too early

    PSST: Mr. AFM, the word COULD may also be used against you.
     
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  24. AFM

    AFM Well-Known Member Past Donor

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    So no harm has been done. QED
     
    Last edited: Jun 25, 2018
  25. nopartisanbull

    nopartisanbull Well-Known Member

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    No harm....

    Dow tumbles nearly 400 points on U.S.-China trade tensions

    Uncertainties/Fears/Worries......not good for the economy, and every above-average intelligent people know that.
     
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