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@NTA said in US Politics:
Been a while since I looked in on US Politics.
Headline acts:
- Russia and Trump didn't collude
- Trump's Dad was born in Germany, according to Trump
- Windmill noise causes cancer, according to Trump
So it is about the same as last I left it: batshit crazy.
Understandable. Has been a tough couple of years for the anti Trumpers, as the US economy soars, ISIS is defeated and the Russia collusion conspiracy theory blows up. Probably easier to just ignore it when the guy you dont like is doing so well.
It is interesting those are the 3 things you chose to discuss after such a long break? 1 big thing and 2 petty things, seems to sum up the coverage of Trump... and indeed the performance of Trump
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Yeah, no headlines about a crisis (national emergency) at the border or Democrats doubling down on their Rooskiegate scam, right. Serious people know Trump making a simple gaffe about his father rather than grandfather is the really-really important issue and headline, because, welll, they are serious and you’re not.
As I thought, nothing to see here. The real headline is Drumpf made a verbal slip. Better commence impeachment proceedings...
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@NTA said in US Politics:
Been a while since I looked in on US Politics.
Headline acts:
- Russia and Trump didn't collude
- Trump's Dad was born in Germany, according to Trump
- Windmill noise causes cancer, according to Trump
So it is about the same as last I left it: batshit crazy.
Must be hard being so above it all.
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@Baron-Silas-Greenback said in US Politics:
@NTA said in US Politics:
Been a while since I looked in on US Politics.
Headline acts:
- Russia and Trump didn't collude
- Trump's Dad was born in Germany, according to Trump
- Windmill noise causes cancer, according to Trump
So it is about the same as last I left it: batshit crazy.
Understandable. Has been a tough couple of years for the anti Trumpers, as the US economy soars, ISIS is defeated and the Russia collusion conspiracy theory blows up. Probably easier to just ignore it when the guy you dont like is doing so well.
It is interesting those are the 3 things you chose to discuss after such a long break? 1 big thing and 2 petty things, seems to sum up the coverage of Trump... and indeed the performance of Trump
Sorry? You may have noticed the Fed pulling back on interest rate rises for 2019 due to the worsening economic data? Not that this is Trump's fault but then again neither is a soaring economy his ownership alone either.
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‘Boom!’: an autopsy of the media after the Mueller bombshell
https://spectator.us/boom-autopsy-media-mueller/ -
@antipodean said in US Politics:
@NTA It's not a good sign when the President mistakes his father for his grandfather. Then again he is 72...
Perhaps the Founding Fathers would've benefited from knowing about dementia and put in an age ceiling.
That would be an interesting concept. Particularly as "professional politics" wasn't a thing, really.
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@Salacious-Crumb said in US Politics:
I'm assuming that's gross not net? Nevertheless the is one area where the data is supportive.
The unemployment rate is very low both in the US and over here in the UK but theses days the more interesting stats are in the employment rate (to which your post alludes) as this is jobs created rather than people moving off the unemployment lists but on zero hours contracts, part time self employed etc. It's not longer a true marker of the job situation, so much so that both the BoE and the Fed have moved away from using it as an indicator to raise interest rates.
But jobs are only one part of the economy and GDP has taken a hit, PMI figures are down, consumption is down. Overall the economy is weakening ATM. I do not see this as the fault of Trump's policies though, world-wide a lot of the data is weakening and it is more likely to be part of that scenario. Having said that as and when things turn round the main drivers will unlikely be Trump's policies (certainly not in isolation) but how things are in the wider world. No doubt the White House will jump on any improvement an claim it for their own but that it just normal for politicians.
In any event, long term, soaring or weakening, the economy tends to do its own thing. The politicians mostly just meddle around on the fringes.
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Or, you can provide incentives and penalties to keep jobs at home rather than have corporations take the jobs offshore for slave wages. At home you can get out of the way and stop forcing companies to face insurmountable hurdles and micro-regulations that require fulltime lawyers and accountants to run a mechanics auto repair or a barber shop, and get nickel-and-dimed to death so that employers have to lay off their workers to stay alive instead of hiring new ones. I reckon Trump’s track record for maintaining a company and setting a budget and making a profiit and maintaining a payroll of thousands of workers measures up pretty well against his predecessor. Maybe he knows something, but he’s stupider than everybody, right, and luckier too?
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@Salacious-Crumb said in US Politics:
Or, you can provide incentives and penalties to keep jobs at home rather than have corporations take the jobs offshore for slave wages. At home you can get out of the way and stop forcing companies to face insurmountable hurdles and micro-regulations that require fulltime lawyers and accountants to run a mechanics auto repair or a barber shop, and get nickel-and-dimed to death so that employers have to lay off their workers to stay alive instead of hiring new ones. I reckon Trump’s track record for maintaining a company and setting a budget and making a profiit and maintaining a payroll of thousands of workers measures up pretty well against his predecessor. Maybe he knows something, but he’s stupider than everybody, right, and luckier too?
Well, that's certainly a viewpoint but I thought we were discussing the soaring economy?
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Unemployment is down (especially for minorities) & wages are up. Stock market is not doing too badly. And this all happened during the biggest witchhunt of our lifetimes.
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@Salacious-Crumb said in US Politics:
Unemployment is down (especially for minorities) & wages are up. Stock market is not doing too badly. And this all happened during the biggest witchhunt of our lifetimes.
Unemployment figures (as opposed to employment figures), I’ve already touched on regarding the usefulness of the data, the Fed pretty much discount it now. The stock market is doing ok primarily due to QE being supportive of asset prices. The S&P 500 is overvalued by virtually any normal metrics. It would take some serious earnings upgrades to make the index look fair value. At a time of falling consumption and poor PMI figures that seems unlikely.
You seem to want to make this all about Trump and grasp at any straw when really all I’ve said was that the economy is not soaring.
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