Stephen Moore: Biden’s $1.9 trillion ‘rescue plan’ could destroy 4 million jobs — here’s a better idea

[donsutherland1]

Blaming the President for the spread of a virus around the world that may have been bred in a Chinese lab and was certainly released there seems to be pretty incoherent.

I wonder how long it will take for Biden to get the national unemployment rate back under 3.5%.

The SARS-CoV-2 virus is of natural origins. It was not ”bred” in a lab.

From Nature:

SARS-CoV-2 is the seventh coronavirus known to infect humans; SARS-CoV, MERS-CoV and SARS-CoV-2 can cause severe disease, whereas HKU1, NL63, OC43 and 229E are associated with mild symptoms6. Here we review what can be deduced about the origin of SARS-CoV-2 from comparative analysis of genomic data. We offer a perspective on the notable features of the SARS-CoV-2 genome and discuss scenarios by which they could have arisen. Our analyses clearly show that SARS-CoV-2 is not a laboratory construct or a purposefully manipulated virus.

 

[code1211]

“when you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that’s a pretty good job we’ve done”

*You* stated he was just speaking generally here, is that correct?

He was speaking in consoling terms. Check the comments from any politician on Coronavirus at whatever time you are citing. As I recall, that was said BEFORE the first death in America.

Did you have a link you'd like to post?

 

[Aunt Antifa]

He was speaking in consoling terms. Check the comments from any politician on Coronavirus at whatever time you are citing. As I recall, that was said BEFORE the first death in America.

Did you have a link you'd like to post?

So now you are changing your interpretation.

 

[code1211]

The SARS-CoV-2 virus is of natural origins. It was not ”bred” in a lab.

From Nature:

SARS-CoV-2 is the seventh coronavirus known to infect humans; SARS-CoV, MERS-CoV and SARS-CoV-2 can cause severe disease, whereas HKU1, NL63, OC43 and 229E are associated with mild symptoms6. Here we review what can be deduced about the origin of SARS-CoV-2 from comparative analysis of genomic data. We offer a perspective on the notable features of the SARS-CoV-2 genome and discuss scenarios by which they could have arisen. Our analyses clearly show that SARS-CoV-2 is not a laboratory construct or a purposefully manipulated virus.

Your ill informed reference is discussing the engineering of a virus, not the breeding of a virus.

 

[What if...?]

What we got from the Trump response was the worst of both worlds, a tanking economy and a bunch of dead people.

Why do people vote for the GOP?

Thirty years of intensive conditioning.

 

[donsutherland1]

Your ill informed reference is discussing the engineering of a virus, not the breeding of a virus.

Nature is a reputable peer-reviewed journal. The virus is of natural origins. No peer-reviewed scientific journal has reached any other conclusion.

 

[code1211]

So now you are changing your interpretation.

Am I? From what to what?

 

[Aunt Antifa]

Am I? From what to what?

You stated Trump was speaking generally, as if “Hey, one day we will all die”. Then you said no no, he was being targeted and consoling...by lying.

I dare you to make a coherent argument here. I dare you.

 

[code1211]

What we got from the Trump response was the worst of both worlds, a tanking economy and a bunch of dead people.

Why do people vote for the GOP?

It's so weird that people who hold your view(s) have absolutely no understanding of how the governance of individuals in the USA is actually conducted.

Reality and your world view don't seem to intersect.

 

[Jezcoe]

It's so weird that people who hold your view(s) have absolutely no understanding of how the governance of individuals in the USA is actually conducted.

Reality and your world view don't seem to intersect.

This response makes no sense given what I wrote.

 

[code1211]

Nature is a reputable peer-reviewed journal. The virus is of natural origins. No peer-reviewed scientific journal has reached any other conclusion.

Thoroughbred horses are likewise not engineered.

They are bred. Thoroughly.

 

[Aunt Antifa]

It's so weird that people who hold your view(s) have absolutely no understanding of how the governance of individuals in the USA is actually conducted.

Reality and your world view don't seem to intersect.

There is no shared reality in which any Republican anywhere is right now insisting 400k dead in 9 months under President Hillary Clinton was unavoidable and/or not her responsiblity.

Nope. Naw. Stop ya beggin’ I ain’t ever gonna buy it.

 

[iguanaman]

The DJIA hit the pre-financial-crisis record high close on about October 8, 2007: about 14,093.08.

Under the "enlightened" guidance and the programs of the Obama-Biden team, we finally got back there more than five years later on February 19,2013.

The pre-Covid DJIA high of 29,102 was posted February 10, 2020. November 23, 2020 was the date we got back there. This in spite of the orchestrated sabotage from the Democrat-Socialist Governors around the country.

The media parrots the propaganda from the Democrat-Socialists that Trump is the worst President of all time. Under Trump, the return to an all time high DJIA seems to have happened quicker.

9 months employing the Trump policies as opposed to 64 months under the oppressive constrictions applied by Obama/Biden team. Seems like Trump's way works better.

Is anyone waking up yet?

Dow Jones Industrial Average (^DJI) Charts, Data & News - Yahoo Finance

Find the latest information on Dow Jones Industrial Average (^DJI) including data, charts, related news and more from Yahoo Finance

finance.yahoo.com

Hmm. I have a hard time seeing when the one term mistake too office in this Dow chart. And since when have record low interest rates, tax cuts and trillion $ deficit spending not made stocks go up?

 

[code1211]

You stated Trump was speaking generally, as if “Hey, one day we will all die”. Then you said no no, he was being targeted and consoling...by lying.

I dare you to make a coherent argument here. I dare you.

Can you reference, cut and paste the post in which I quoted Trump as having said, "Hey, one day we will all die"?

 

[Aunt Antifa]

Can you reference, cut and paste the post in which I quoted Trump as having said, "Hey, one day we will all die"?

Quote the post where I claim you made that claim.

I’ll wait.

 

[code1211]

This response makes no sense given what I wrote.

What you wrote helps to explain why you have so much trouble understanding the obvious facts of the day.

 

[code1211]

There is no shared reality in which any Republican anywhere is right now insisting 400k dead in 9 months under President Hillary Clinton was unavoidable and/or not her responsiblity.

Nope. Naw. Stop ya beggin’ I ain’t ever gonna buy it.

You think that Hillary was elected as the POTUS?

 

[Aunt Antifa]

You think that Hillary was elected as the POTUS?

We know she wasn’t. 400k Americans wouldn’t have died.

 

[code1211]

Hmm. I have a hard time seeing when the one term mistake too office in this Dow chart. And since when have record low interest rates, tax cuts and trillion $ deficit spending not made stocks go up?

I'm having a bit of difficulty making sense out of your first sentence.

Your chart seems to end in the first year of the Trump Administration. You can find up to date interactive charts here: https://finance.yahoo.com/quote/^DJI/

The deficit spending during the first three years of the Trump Administration was about $1.5 Trillion. First three years under Obama produced about $4 Trillion plus deficit spending.

The Recession under Obama was officially ended in June, 2009. The suffering inflicted on us by the Obama recovery policies extended out for 4 more years.

The DJIA Record High Closes under Obama during his first term are listed here: ____________

The record low interest rates were a result of the Trump economic policies. Tax cuts were one of these policies. Trump policies created the conditions needed to achieve the 3.5% Unemployment with a 63+% Participation.

I STILL wonder when we will get back to a 3.5% unemployment rate with a 63+% participation.

 

[iguanaman]

I'm having a bit of difficulty making sense out of your first sentence.

Your chart seems to end in the first year of the Trump Administration. You can find up to date interactive charts here: https://finance.yahoo.com/quote/^DJI/

The deficit spending during the first three years of the Trump Administration was about $1.5 Trillion. First three years under Obama produced about $4 Trillion plus deficit spending.

The Recession under Obama was officially ended in June, 2009. The suffering inflicted on us by the Obama recovery policies extended out for 4 more years.

The DJIA Record High Closes under Obama during his first term are listed here: ____________

The record low interest rates were a result of the Trump economic policies. Tax cuts were one of these policies. Trump policies created the conditions needed to achieve the 3.5% Unemployment with a 63+% Participation.

I STILL wonder when we will get back to a 3.5% unemployment rate with a 63+% participation.

The suffering of the Great Bush recession lasted longer because it involved a collapse financial system and they always take longer to recover from. Still the Obama recovery was the fastest in the Western world with much of Europe suffering a double dip recession because of Conservative "austerity" policies that failed to address the financial sector. There was no "boom" after the one term mistake took office and the GDP growth was mostly weaker than Obama;s second term numbers. It is telling that even the massive tax cuts and doubling of our deficit Govt. spending under Mr. One and done failed to stimulate growth anywhere near the promised 4% yearly number and actually put the manufacturing sector into a recession in 2019 because of the ill-conceived tariffs on foreign goods.

https://www.latimes.com/politics/story/2019-10-09/despite-trump-vow-manufacturing-in-recession

https://www.politifact.com/factchec...us-has-recovered-recession-better-almost-eve/

 

[code1211]

Quote the post where I claim you made that claim.

I’ll wait.

Are there more than just one of you posting under your name here?

#83 in this thread.

You posted:

"You stated Trump was speaking generally, as if “Hey, one day we will all die”. Then you said no no, he was being targeted and consoling...by lying.

I dare you to make a coherent argument here. I dare you."

I asked you to cite, cut and paste the post from which you falsely claimed I said what you falsely quoted.

It was easy for me. You posted this actual sequence of words in the real world. What your imagination makes your remember that never happened might be more difficult to reference.

Your problem. Not mine.

 

[Airyaman]

Liberal pols seem to come up with these grandiose schemes to placate their fringes then mediate them later or abandon them altogether and blame the Republicans.

" The Biden plan is almost a replay — except with more than twice the price tag — of the strategy that President Barack Obama and then-Vice President Biden employed in 2009 with their $900 billion "stimulus" bill. Even by Obama’s own numbers, that bill led to hundreds of thousands of fewer jobs than if we had done nothing."

Stephen Moore: Biden’s $1.9 trillion ‘rescue plan’ could destroy 4 million jobs — here’s a better idea | Fox News

https://nymag.com/intelligencer/2019/03/stephen-moore-federal-reserve-trump.html

Stephen Moore’s career as an economic analyst has been a decades-long continuous procession of error and hackery. It is not despite but precisely because of these errors that Moore now finds himself in the astonishing position of having been offered a position on the Federal Reserve board by President Trump.

Moore’s primary area of pseudo-expertise — he is not an economist — is fiscal policy. He is a dedicated advocate of supply-side economics, relentlessly promoting his fanatical hatred of redistribution and belief that lower taxes for the rich can and will unleash wondrous prosperity. Like nearly all supply-siders, he has clung to this dogma in the face of repeated, spectacular failures.

Stephen Moore is a joke. Everyone knows it. Now you do too.

 

[Airyaman]

The Trouble With Stephen Moore

The Fed could be much better than it is. But it could also be much worse. Adding Stephen Moore to the Board of Governors would be a step in the wrong direction.

www.aier.org

Many economists took to Twitter following the announcement. And they were not pleased. “Moore’s monetary commentary has for well over a decade been relentlessly partisan, illogical, and fact-fudged,” wrote Benn Steil, a senior fellow and director of international economics at the Council on Foreign Relations. “This is appalling.”

“This is the first genuinely bad Trump pick for the Fed. But make no mistake: It’s a terrible, horrible, no good, very bad pick,” Justin Wolfers, a professor of public policy and economics at the University of Michigan, remarked. “He hasn’t gotten a thing right in twenty years, (check the record), and the Senate should not confirm him.”

“Here’s my challenge to any informed voter of any partisan leaning,” Wolfers continued. “Call your favorite economist. Whether they’re left, right, libertarian or socialist, none of them will endorse Stephen Moore for the Fed. He’s manifestly unqualified.”

 

[Aunt Antifa]

Are there more than just one of you posting under your name here?

#83 in this thread.

You posted:

"You stated Trump was speaking generally, as if “Hey, one day we will all die”. Then you said no no, he was being targeted and consoling...by lying.

I dare you to make a coherent argument here. I dare you."

I asked you to cite, cut and paste the post from which you falsely claimed I said what you falsely quoted.

It was easy for me. You posted this actual sequence of words in the real world. What your imagination makes your remember that never happened might be more difficult to reference.

Your problem. Not mine.

Ya ya got it - you think the phrase “as if” = “verbatim.

I don’t disagree with you that is problematic for me.

 

[code1211]

The suffering of the Great Bush recession lasted longer because it involved a collapse financial system and they always take longer to recover from. Still the Obama recovery was the fastest in the Western world with much of Europe suffering a double dip recession because of Conservative "austerity" policies that failed to address the financial sector. There was no "boom" after the one term mistake took office and the GDP growth was mostly weaker than Obama;s second term numbers. It is telling that even the massive tax cuts and doubling of our deficit Govt. spending under Mr. One and done failed to stimulate growth anywhere near the promised 4% yearly number and actually put the manufacturing sector into a recession in 2019 because of the ill-conceived tariffs on foreign goods.

https://www.latimes.com/politics/story/2019-10-09/despite-trump-vow-manufacturing-in-recession

https://www.politifact.com/factchec...us-has-recovered-recession-better-almost-eve/

Again, I'm comparing Trump to Obama.

This chart ends in 2008. I'm not sure how it compares the two people that I'm comparing.

The US, for better or for worse, leads the world economy. At least for the moment. "When America sneezes, the world gets a cold".

Your term, "The Great Bush Recession" demonstrates your economic illiteracy.