ex-President Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
If bush passed a law that said it is legal to murder someone who is in a car that is driving without the assistance of a human because that is witchcraft. There would be 0 effect from this law during bush’s term as president. However, more than a decade later we would likely see a small uptick in murders when autonomous cars became a thing. In this case do you think we should blame bush or Biden for people being able to legally murder people in autonomous cars?
Or if Trump passes a law saying everyone gets 1 free murder, no questions asked on the logic that this will reduce murders because people know the person who they might murder will come after them but instead murder rates sky rocket, how long do we need to wait to call the policy a failure. Because all short term data and long term analysis points to trumps tax cut being a massive budget killer and national debt driver going forward.
Or if Trump passes a law saying everyone gets 1 free murder, no questions asked on the logic that this will reduce murders because people know the person who they might murder will come after them but instead murder rates sky rocket, how long do we need to wait to call the policy a failure. Because all short term data and long term analysis points to trumps tax cut being a massive budget killer and national debt driver going forward.
How could Trump have made a bad economic policy when he is a republican? I'm very confused.
Or if Trump passes a law saying everyone gets 1 free murder, no questions asked on the logic that this will reduce murders because people know the person who they might murder will come after them but instead murder rates sky rocket, how long do we need to wait to call the policy a failure. Because all short term data and long term analysis points to trumps tax cut being a massive budget killer and national debt driver going forward.
I am not claiming that every law passed has 0 effect for 10+ years. I am claiming that some laws have long term effects.
In your example of trump passing a law allowing same murders that would have an immediate impact (more murders). We can immediately call this law terrible. Just because some laws have immediate effect doesn’t disprove that some laws have long lasting effect.
It is still too early to call trumps tax cut a failure since the full effect of the leaving more money in the hands of the private sector hasn’t been felt.
I am not claiming that every law passed has 0 effect for 10+ years. I am claiming that some laws have long term effects.
In your example of trump passing a law allowing same murders that would have an immediate impact (more murders). We can immediately call this law terrible. Just because some laws have immediate effect doesn’t disprove that some laws have long lasting effect.
It is still too early to call trumps tax cut a failure since the full effect of the leaving more money in the hands of t
We all feel the effect of your posting daily, so can we at least declare that a failure?
Right. Most reasonable people conclude the Trumps tax cuts were a failure because it massively underperformed his growth targets and raised the debt massively when the hack economists like Navarro and laffer that actually supported it claimed it wouldn’t, with no reliable theoretical reason to think it’s magically going to be responsible for high growth in 40 years anymore than Reagan’s policies are leading to post WWII era growth rates today.
I’d like to see you successfully manage illegal arms sales to the Iranians and Nicaraguan drug dealers all while not being able to remember any of it because of full blown Alzheimer’s. Unlike his voodoo economic policies, those guns worked dam it!
I’d like to see you successfully manage illegal arms sales to the Iranians and Nicaraguan drug dealers all while not being able to remember any of it because of full blown Alzheimer’s. Unlike his voodoo economic policies, those guns worked dam it!
He didn't sell any guns to the undesirables, he gave them away to his buddy Ollie and they just trickled down from there. Guess the **** works after all!
Maybe you missed the part where I said that recently the GOP moved to the very far left on the issue.
"Normal" republicans left on the issue are those in congress saying "no deal on any spending if we don't balance the budget" and they are considered crazies by everyone else.
That 's how dramatically to the left a good portion of GOP and all democrats moved.
Remember the topic was lolwat claiming the literal opposite, while it's objectively true that in one of the most important, and defining polic
That’s great so trump is far left too ?
Just because the price of something increases by 33% over 2 years does not make it bubble. If that was the case you could say that some items in our grocery stores are in a bubble. The same could be said about all of restaurant/fast food menu items as well.
I would also argue that the president isn’t the only person in the country who has political power. The reason we saw homes, baseball cards, the stock market and so many other asset classes go up in value over that time frame is because
So median house prices being unaffordable isn’t a bubble ?
Interesting .
But house prices going 33% up from 2001 to 2008 is a bubble created by the ex president 13 years ago ?
I tell u secret baham , interest rates at record low creates instantly higher house prices because anyone can borrow cheaply .
What happens in 2001 ?
Dotcom bubble crash , 9/11 -> cutting massively interest rates , at that time reach a record low for that period .
Also u had the introduction of NINJA loan by the banks and it certainly didn’t come from Clinton lol …
Tax cuts takes years to take effect and yet it creates an immediate deficit the year after the tax cut by reducing the amount of revenues the government gets .
Yeah baham u make total sense ….
Ah yes the democrats are to blame for inflation because of money printing again ?
Dont worry baham i still got that link to show how your nonsense about the most money printing , debts creation are under the democrats where it clearly show republicans did it …..what to see it again ?
Sadly u will again disappear for 2-3 weeks …
Well at least you learning. Last time you couldn’t support your position you personally attacked me - now you are just saying quite little phrases like my posts are failers. You sounds like a 8 year running around saying “oh, that is complete fail”.
Well at least you learning. Last time you couldn’t support your position you personally attacked me - now you are just saying quite little phrases like my posts are failers. You sounds like a 8 year running around saying “oh, that is complete fail”.
Lol are you blind as well as monumentally terrible at posting? I responded to you and fully supported my position, you ignored the response as usual/predicted. For the chronically hard of reading, #39687 and #39688 ITT.
I think dems are the most to blame for inflation that we saw post Covid since they were the main drivers of printing extra money, closing the economy and paying people not to work, but I think some repubs deserve some blame as well because they folded to the pressure applied by dems to give out free money, etc.
Before addressing this .
Simple question about Clinton policy being the core responsible for 2008 crisis .
Why didn’t bush for 8 years didn’t revert it back if it was that bad and the main reason for the crisis ?
Did bush created that crisis in purpose too then ?
For your thinking that Biden was responsible for money printing , and all that other stuff here we go ….
M2
https://fred.stlouisfed.org/series/WM2NS
January 2017 13 trillions
January 2021 19 trillions
U.S. debt
https://fred.stlouisfed.org/series/GFDEB...
January 2017 19.8 trillions
January 2021 28 trillions
FED balance sheet
https://fred.stlouisfed.org/series/WALCL
January 2017 4.4 trillions
January 2021 7.4 trillions
US debt to gdp
https://fred.stlouisfed.org/series/GFDEG...
January 2017 103%
January 2021 126%
Now tell us again baham how Republican did better for not causing inflation ?
Action and facts speak louder then words …
that curve is pretty telling...trump to the sky !
Debt to GDP says a lot too.
Trump promises to lower it and instead it never moved but to the upside.
Biden being able to lower it again at least...
Ps: u can try to push all the narrative you want but those numbers will never ever change just by your wishes .
Those actions been done and registered into historical facts , sorry baham !
Keep lying to yourself baham -> result ? Always end up the poorest states in the U.S. are all red ! That’s what happened when you go against facts .
Bubble aren't about really about unaffordability. Bubbles happen when everyone involved is profiting from unprofitable activities and regulation/laws fails to stop it.
Thank you although the words are pretty standard
when the profits are coming from the expansion of a bubble and not from a profitable activity
pick your bubble. Any bubble
Right. Most reasonable people conclude the Trumps tax cuts were a failure because it massively underperformed his growth targets and raised the debt massively when the hack economists like Navarro and laffer that actually supported it claimed it wouldn’t, with no reliable theoretical reason to think it’s magically going to be responsible for high growth in 40 years anymore than Reagan’s policies are leading to post WWII era growth rates today.
Sure so if they conclude that, why didn't the Dem reverse them?
Dems had a trifecta from Jan 20, 2021 to Jan 20, 2023.
They could have completely canceled trump tax cuts with reconciliation (the same way they passed).
They didn't.
So who would be "most reasonable people" concurring those cuts were terrible? Not the democratic party in Congress and in the white house I guess
when the profits are coming from the expansion of a bubble and not from a profitable activity
pick your bubble. Any bubble
Correctly anticipating market movements in any direction is a profitable activity.
If you correctly anticipate the value of some asset will inflate , even completely out of whack to fundamentals (IE a bubble), profiting from that is the expected outcome.
Guessing right on what other people do is a (very) profitable activity.
You might dislike the idea that guessing future aggregate behavior (including any irrational behavior) can be profitable but it is.
