America's economy grew at its weakest pace since Trump took office

[Conservative]

False.

You'd have to be willfully ignorant to believe that. What a coincidence?



Meaningless cherry-picking. We know that the American people have rejected Trump. It's whey they gave Dem's the House in 2018, and 2/3 gubernatorial elections (which were in Republican strongholds of Kentucky and Louisiana).

The American people got it. Why can't you? :2razz:

I have posted the data proving my point, you focus on percentage change and the U-3, neither of which refute my statement

You name for me any other President that generated 6.8 million jobs in his first three years in office or averaged 900 billion dollars in GDP growth? The American people got it, policies over personality and liberalism isn't selling

 

[Kushinator]

Wrong again as usual, Keep showing the immaturity to admit when wrong

It has already been established that you don't know what you're talking about, and you don't have any credibility.

I have posted the data proving my point

This is a lie. You repeat trivial nonsense while ignoring everything you quote. Fact: The last two major election cycles, 2018 and 2019, were clear victories for Dem's, and embarrassing defeats for the GOP.

 

[Conservative]

It has already been established that you don't know what you're talking about, and you don't have any credibility.



This is a lie. You repeat trivial nonsense while ignoring everything you quote. Fact: The last two major election cycles, 2018 and 2019, were clear victories for Dem's, and embarrassing defeats for the GOP.

What has been established is your arrogance and total lack of understanding of context. You have posted no data supporting your claims whereas I have. You hang your hat on percentage change and not dollar growth of GDP, your failure to acknowledge the impact of Gov't spending during the Obama term outside of discretionary spending, and your focus on the U-3 and not the U-6 with the U-3 including the under employed which haven't benefited from the economic policies of any President

 

[Kushinator]

You have posted no data supporting your claims whereas I have.

There isn't a contention. My claims have been established as valid long ago... when i initially destroyed this trash narrative in this very thread. You've lost, and cannot sink any lower, so hopeless flailing is all you can muster.

You hang your hat on percentage change and not dollar growth of GDP

I don't hang my hat on anything. I simply pointed out that comparing nominal GDP growth on a historical basis is invalid, and provided you a superior metric. You can't refute my reasoning (you never even tried).

failure to acknowledge the impact of Gov't spending during the Obama term

This is a lie.

 

[Conservative]

There isn't a contention. My claims have been established as valid long ago... when i initially destroyed this trash narrative in this very thread. You've lost, and cannot sink any lower, so hopeless flailing is all you can muster.



I don't hang my hat on anything. I simply pointed out that comparing nominal GDP growth on a historical basis is invalid, and provided you a superior metric. You can't refute my reasoning (you never even tried).



This is a lie.

I have seen how valid your claims are by your posting of rhetoric and not data in context as you totally ignore context

You claim I made a lie, prove it?? What impact did the 842 billion dollar shovel ready job stimulus have on the Obama GDP dollar growth?

 

[Kushinator]

I have seen how valid your claims are by your posting of rhetoric and not data in context as you totally ignore context

This isn't even a coherent sentence, let alone a rebuttal.

prove it??

I am well versed in national income accounting.

What impact did the 842 billion dollar shovel ready job stimulus have on the Obama GDP dollar growth?

Deficit spending during an economic contraction allows for more economic activity than would have been without. It's when you see deficit growth during economic expansion where government borrowing actually crowds out (you don't know what this means) private investment, and therefore cannibalizes output. But again, you're not knowledgeable and intelligent enough to have this discussion, and you're totally incapable of responding in kind.

Nope. You'll come back with some vague reference to nominal GDP, 2010 HoR election results, or some other poorly structured claim.

 

[Conservative]

This isn't even a coherent sentence, let alone a rebuttal.



I am well versed in national income account.



Deficit spending during an economic contraction allows for more economic activity than would have been without. It's when you see deficit growth during economic expansion where government borrowing actually crowds out (you don't know what this means) private investment, and therefore cannibalizes output. But again, you're not knowledgeable and intelligent enough to have this discussion, and you're totally incapable of responding in kind.

Nope. You'll come back with some vague reference to nominal GDP, 2010 HoR election results, or some other poorly structured claim.

I don't see any results supporting your claims probably because you cannot find any

Obama's problem wasn't totally deficit spending it was the failure to create the shovel ready jobs promised. 842 billion for shovel ready jobs that supposedly saved millions that were paying taxes anyway and not creating the results promised after implementation

Obama 142 million Employed in January 2009, Shovel ready jobs stimulus bill passed 138 million January 2010 and 139 million January 2011 showing the failure and the lost revenue that didn't justify the spending

 

[danielpalos]

We should be upgrading infrastructure. High paid Labor creates more in Demand and pays more in Taxes.

 

[Conservative]

This isn't even a coherent sentence, let alone a rebuttal.



I am well versed in national income accounting.



Deficit spending during an economic contraction allows for more economic activity than would have been without. It's when you see deficit growth during economic expansion where government borrowing actually crowds out (you don't know what this means) private investment, and therefore cannibalizes output. But again, you're not knowledgeable and intelligent enough to have this discussion, and you're totally incapable of responding in kind.

Nope. You'll come back with some vague reference to nominal GDP, 2010 HoR election results, or some other poorly structured claim.

Results you want to ignore,

Table 1.1.5. Gross Domestic Product
[Billions of dollars]
Bureau of Economic Analysis
Last Revised on: April 29, 2020 - Next Release Date May 28, 2020

Line 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Line
1 Gross domestic product 14712.8 14448.9 14992.1 15542.6 16197 16784.9 17527.3 18224.8 18715 19519.4 20580.2 21427.7

Obama 4 trillion in 8 years, Trump 2.7 trillion in 3, name another President who averaged 900 billion in GDP growth his first three years in office?

Employment Trump 6.6 million three years, Obama -1 million in three years and that is with 842 billion stimulus for shovel ready jobs

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2008 to 2019

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143292 143362 143316 143635 143882 143999 144264 144326 144418 143537 144479 144778
2014 145150 145134 145648 145667 145825 146247 146399 146530 146778 147427 147404 147615
2015 148150 148053 148122 148491 148802 148765 148815 149175 148853 149270 149506 150164
2016 150622 150934 151146 150963 151074 151104 151450 151766 151877 151949 152150 152276
2017 152128 152417 152958 153150 152920 153176 153456 153591 154399 153847 153945 154065
2018 154482 155213 155160 155216 155539 155592 155964 155604 156069 156582 156803 156945
2019 156694 156949 156748 156645 156758 157005 157288 157878 158269 158510 158593 158803

 

[Kushinator]

Nope. You'll come back with some vague reference to nominal GDP, 2010 HoR election results, or some other poorly structured claim.

Results you want to ignore,



Obama 4 trillion in 8 years, Trump 2.7 trillion in 3, name another President who averaged 900 billion in GDP growth his first three years in office?

Employment Trump 6.6 million three years, Obama -1 million in three years and that is with 842 billion stimulus for shovel ready jobs

Right on cue. :lol:

 

[Conservative]

Right on cue. :lol:

And ACCURATE AS USUAL!!

 

[TU Curmudgeon]

False.

You'd have to be willfully ignorant to believe that. What a coincidence?



Meaningless cherry-picking. We know that the American people have rejected Trump. It's whey they gave Dem's the House in 2018, and 2/3 gubernatorial elections (which were in Republican strongholds of Kentucky and Louisiana).

The American people got it. Why can't you? :2razz:

When you hit "The Trump economy blew the Obama trends out of the water" for the third time, you know that you are dealing with "The Ouroboros Syndrome" and that it's time to get off the merry-do-round.

While you may be able to teach an old dog new tricks, you can't teach a dead dog anything.

 

[Kushinator]

And ACCURATE AS USUAL!!

It's your lie... tell it however you want.

 

[Conservative]

It's your lie... tell it however you want.

Absolutely bea.gov lies all the time, noticed you were unable to post data refuting theirs. Claiming that I lie is childish behavior and a temper tantrum when you are proven wrong. AGAIN you cannot refute the data posted, NOTED

 

[Herkamer63]

Fake news. Before the shutdown, stocks were up nearly 30,000 pts, unemployment were at all time lows across the board, employment was at it's highest in decades, more taxes that were not paid before were getting paid, and many jobs that went over seas came back. The Left isn't even trying anymore to sound convincing to others who are on the other side of them. They just put out bull crap like this that's BLATANTLY a lie to try to fool those who really don't pay attention. These people on the Left themselves, though, may actually believe it. Either that or they're so EXTREMELY partisan to the point to where they just want us to know how political they really are. Mr. Moderator, move this thread into the Conspiracy Theories section because they're are no facts to back this up. Thank you!

 

[Conservative]

When you hit "The Trump economy blew the Obama trends out of the water" for the third time, you know that you are dealing with "The Ouroboros Syndrome" and that it's time to get off the merry-do-round.

While you may be able to teach an old dog new tricks, you can't teach a dead dog anything.

Since you have on ignore your maturity shows or lack of it as does your ignorance of the data, for if you didn't have me on ignore I would challenge you to explain what Kushinator won't, Post 1084

Interesting how I don't see the chest bumping and any whooping takedown that other liberals claimed yesterday as actual data and facts in context fool a lot of people including you

 

[Conservative]

Fake news. Before the shutdown, stocks were up nearly 30,000 pts, unemployment were at all time lows across the board, employment was at it's highest in decades, more taxes that were not paid before were getting paid, and many jobs that went over seas came back. The Left isn't even trying anymore to sound convincing to others who are on the other side of them. They just put out bull crap like this that's BLATANTLY a lie to try to fool those who really don't pay attention. These people on the Left themselves, though, may actually believe it. Either that or they're so EXTREMELY partisan to the point to where they just want us to know how political they really are. Mr. Moderator, move this thread into the Conspiracy Theories section because they're are no facts to back this up. Thank you!

The left doesn't want to debate the issues they want to participate in the politics of personal destruction and indoctrinate people into hatred with focus on personality not results. Trump's popularity is a lot bigger than they want to believe as people look at those results you cited and won't be turning this economy back over to a multi millionaire public servant with an empty private sector resume(Biden)

 

[Kushinator]

Absolutely bea.gov lies all the time

You and your opinions, do not in any conceivable way, represent the Bureau of Economic Analysis.

 

[Conservative]

You and your opinions, do not in any conceivable way, represent the Bureau of Economic Analysis.

I don't represent the BEA, I post their data that shows your arrogance and just how wrong you are

 

[TU Curmudgeon]

Fake news. Before the shutdown, stocks were up nearly 30,000 pts, unemployment were at all time lows across the board, employment was at it's highest in decades, more taxes that were not paid before were getting paid, and many jobs that went over seas came back. The Left isn't even trying anymore to sound convincing to others who are on the other side of them. They just put out bull crap like this that's BLATANTLY a lie to try to fool those who really don't pay attention. These people on the Left themselves, though, may actually believe it. Either that or they're so EXTREMELY partisan to the point to where they just want us to know how political they really are. Mr. Moderator, move this thread into the Conspiracy Theories section because they're are no facts to back this up. Thank you!

On Dec 30, 2016, the DJIA stood at 19,762, the peak DJIA was 29,102.

To me that looks like the DJIA was up by 9,340. Could you please explain where you got the extra 20,660 from (other than "Hey, I don't know what I'm talking about I just mindlessly repeat whatever I am told to believe.", I mean)?

The US unemployment rate stood at 2.50 percent in May of 1953. Could you please explain where you got that "unemployment were at all time lows" bit (other than "Hey, I don't know what I'm talking about I just mindlessly repeat whatever I am told to believe.", I mean)?

You do know that, even if the actual rate of employment stays the same, the number of employed people increases if the size of the population increases, don't you?

Please provide something that I might even consider confusing with evidence that "more taxes that were not paid before were getting paid" (other than "Hey, I don't know what I'm talking about I just mindlessly repeat whatever I am told to believe.", I mean)?.

 

[Kushinator]

I don't represent the BEA, I post their data that shows your arrogance and just how wrong you are

But it doesn't show anything of the sort. That you believe so just goes to show how little you understand of economics and data analysis.

 

[TU Curmudgeon]

But it doesn't show anything of the sort. That you believe so just goes to show how little you understand of economics and data analysis.

Possibly if you read "Maybe Trump Isn’t Lying", you might get a handle on where he is coming from.