The Trump Presidency | Biden Inaugurated

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A friend said that the administration is pumping money into the economy like QE but without calling it that.
Says that it’ll continue up through the election to give the impression of a good economy.
Not sure how much truth in all of that though.
 
Man of Leisure said:
Honestly can’t see Trump losing. Economy is doing great, he’ll get re-elected regardless of who he’s up against.
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I can see why people just look at it but it forgets a lot of important things:

Real wages have not gone up

Tax "cuts" have little tangible benefit to show for it- in fact, wouldn't be surprised that loads of people are pissed/get into trouble come next year s filing - not realizing that the new W-4 in essence compels people to give less to uncle Sam (not a bad thing at face value.. But folks who rely on refunds will not understand their take home pay checks was slightly higher)

Infrastructure still crumbling and Republicans keep blocking Dems who try to do something about it. Whether it's roads, underground utilities, airports, bridges etc.. All the same story.

Education still underfunded and costs of it continue to rise beyond the means of many.

Healthcare hasn't gotten any cheaper at all and is still a mess (not to mention the Trump admin attacking the pre existing condition coverage in court despite his pretty words tonight.. Don't forget he said it before and still went ahead and almost was able to fully dismantle the ACA).

Internet and mobile network carries were handed a major win at the FCC with net neutrality to continue to gouge our eyes out with insane costs for internet and phone service.

National debt has yet again increased dramatically

Home prices are out of reach of many and plenty of stories of subprime mortgages doing the rounds again. Rents were insane and still are.

Developments are nice but a lot of it still goes over the backs of tax payer funded tax credits/breaks, often zero accountability of the developers for the strain they put on the infrastructure both above and underground.. Which again.. Continues to crumble and fall further behind the rest of the western world.

Those same developers partly need to be incentived because cost of both labor and materials have skyrocketed causing many to downscale or be canceled.

Farmers continue to need government handouts to survive.

Local governments have seen major reductions in government funding and many are running massive debt loads on their legacy costs.

And the list goes on. In other words - at face value I don't disagree with you, but the economy is and has only been doing great for the few at the top. Investment bankers in particular must love Trump s well timed announcements. Low unemployment is good - but shortages in the market aren't being corrected and a lot of those jobs pay less than ever before, have less benefits and/or are likely to be eliminated as soon as the economy tanks or continues to automate things. It feels a bit like what Germany did to artificially lower its unemployment numbers after the recession.

I'm sure I got something wrong or over sensationalized or missed something but I'm tired as feck.
 
Redplane said:
I can see why people just look at it but it forgets a lot of important things:

Real wages have not gone up

Tax "cuts" have little tangible benefit to show for it- in fact, wouldn't be surprised that loads of people are pissed/get into trouble come next year s filing - not realizing that the new W-4 in essence compels people to give less to uncle Sam (not a bad thing at face value.. But folks who rely on refunds will not understand their take home pay checks was slightly higher)

Infrastructure still crumbling and Republicans keep blocking Dems who try to do something about it. Whether it's roads, underground utilities, airports, bridges etc.. All the same story.

Education still underfunded and costs of it continue to rise beyond the means of many.

Healthcare hasn't gotten any cheaper at all and is still a mess (not to mention the Trump admin attacking the pre existing condition coverage in court despite his pretty words tonight.. Don't forget he said it before and still went ahead and almost was able to fully dismantle the ACA).

Internet and mobile network carries were handed a major win at the FCC with net neutrality to continue to gouge our eyes out with insane costs for internet and phone service.

National debt has yet again increased dramatically

Home prices are out of reach of many and plenty of stories of subprime mortgages doing the rounds again. Rents were insane and still are.

Developments are nice but a lot of it still goes over the backs of tax payer funded tax credits/breaks, often zero accountability of the developers for the strain they put on the infrastructure both above and underground.. Which again.. Continues to crumble and fall further behind the rest of the western world.

Those same developers partly need to be incentived because cost of both labor and materials have skyrocketed causing many to downscale or be canceled.

Farmers continue to need government handouts to survive.

Local governments have seen major reductions in government funding and many are running massive debt loads on their legacy costs.

And the list goes on. In other words - at face value I don't disagree with you, but the economy is and has only been doing great for the few at the top. Investment bankers in particular must love Trump s well timed announcements. Low unemployment is good - but shortages in the market aren't being corrected and a lot of those jobs pay less than ever before, have less benefits and/or are likely to be eliminated as soon as the economy tanks or continues to automate things. It feels a bit like what Germany did to artificially lower its unemployment numbers after the recession.

I'm sure I got something wrong or over sensationalized or missed something but I'm tired as feck.
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Trump lies a lot but “the economy is great” is the biggest one of them all. It’s incredibly misleading and people aren’t thinking through with it enough. Low unemployment for example means feck all when there’s a 63% participation rate and most new jobs created are part time, contract, or gig economy jobs which don’t even lay enough to make a decent living. Trump’s lies and media propaganda on repeat have rewritten the realities of so many people and it’s working. And while this is going on, the Democrats can’t even do something as simple as counting people.
 
utdalltheway said:
A friend said that the administration is pumping money into the economy like QE but without calling it that.
Says that it’ll continue up through the election to give the impression of a good economy.
Not sure how much truth in all of that though.
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He is certainly trying to. The deficit is ballooning. I think whoever is next has a ton of shit to deal with.
A republican Congress will pursue cuts like never before.
 
Adisa said:
He is certainly trying to. The deficit is ballooning. I think whoever is next has a ton of shit to deal with.
A republican Congress will pursue cuts like never before.
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This is a cycle that always repeats itself. The conservatives keep citing trickle down economics, argue that tax breaks for the rich and corporations would encourage spending, thereby stimulating the economy. It eventually doesn't happen and the deficit balloons up. The liberals come into power, inherit an unsustainable economic mess and suddenly the conservatives start virtue signaling over the deficit and drag their heels until social welfare funding is whittled down to bare bones.

Rinse, repeat.
 
It doesn’t matter how many lives he tells, people will still believe him. Look at the state of this country! Politicians can just say anything and believe will believe it’s true unless they are affected directly.

It would help if there was a clear Democrat front runner as well so they can build momentum but it appears they will tear chunks out of each other before the election battle begins while Trump will have a easier start!
 
TheGame said:
It doesn’t matter how many lives he tells, people will still believe him. Look at the state of this country! Politicians can just say anything and believe will believe it’s true unless they are affected directly.

It would help if there was a clear Democrat front runner as well so they can build momentum but it appears they will tear chunks out of each other before the election battle begins while Trump will have a easier start!
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moderates dont see bernie as electable
bernie or bust folks dont want to compromise
I cant see them coalescing around a candidate and we may even end up with a brokered convention - even if not i think any dem candidate is going to struggle to hold their vote together as its quite fractured -I think trumps goinng to have a huge head start and win enough of the swing states to secure a second term
Unbelievable really when you look at the lies he says and his actions - the most unpresidential president ever (think pelosi made a mistake in stooping to his levels and ripping up the speech though - if you get in a pissing contest with doald trump you will both get covered in piss - but he will love it)
 
Just look at the reporting on the sotu- not one headline calling out his lies. Until they do that, he can lie about anything with no repercussions.
 
Beachryan said:
Just look at the reporting on the sotu- not one headline calling out his lies. Until they do that, he can lie about anything with no repercussions.
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His lies has been called out constantly. And there is a bigger story from last night than his avoidance of the truth.
 
Beachryan said:
Just look at the reporting on the sotu- not one headline calling out his lies. Until they do that, he can lie about anything with no repercussions.
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people on the left are too busy calling out puttegieg for lying and saying he won Iowa (when it turns out that hey it looks like he won Iowa)
Its starting to look like the corbynistas caring more about purging blairism than they do of winning power
All sides on the left could do with coming out and unequivocally saying that every candidate there would make a better president than trump and make their case for why they are the best - suspect we will see people spinning the iowa results and attacking each other instead before bloomberg comes in to take a billion dollar shit on everybody with negative adverts in the run up to super tuesday
 
DiseaseOfTheAge said:
Is it?
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Precaution said:
Stagnating by all accounts, Trumps cuts and whatnot are now working its effect and no longer riding on Obamas wave.
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Should have said “economy is appearing to do great”. Obviously appearances can be deceiving, but for most Americans, historical lows in unemployment and the skyrocketing stock market will be all they see. In reality, the economy grew at 2.5% under Trump’s term. Decent, but obviously not as great as he’s making it out to be.

https://www.washingtonpost.com/busi...uts-his-economy-best-ever-data-is-more-mixed/
 
Man of Leisure said:
Should have said “economy is appearing to do great”. Obviously appearances can be deceiving, but for most Americans, historical lows in unemployment and the skyrocketing stock market will be all they see. In reality, the economy grew at 2.5% under Trump’s term. Decent, but obviously not as great as he’s making it out to be.

https://www.washingtonpost.com/busi...uts-his-economy-best-ever-data-is-more-mixed/
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It's more than enough for an incumbent to claim success.
 
The thing about the economy is that it's already baked into the approval rating. If Trump wasn't Trump, that economy would have his approval rating far into the positive. There's no reason to expect that it's suddenly going to flip when the election comes.
 
nimic said:
The thing about the economy is that it's already baked into the approval rating. If Trump wasn't Trump, that economy would have his approval rating far into the positive. There's no reason to expect that it's suddenly going to flip when the election comes.
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It seems that this rating is higher than Obama's at this stage of his first term.
 
The Firestarter said:
It seems that this rating is higher than Obama's at this stage of his first term.
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According to 538's tracker Trump is sitting at 43.5% approval and 52.1% disapproval. According to this, it doesn't look like Obama was ever at 50% disapproval in 2012, or below 45% approval. Those ~5% make a big difference in a Presidential election.
 
nimic said:
According to 538's tracker Trump is sitting at 43.5% approval and 52.1% disapproval. According to this, it doesn't look like Obama was ever at 50% disapproval in 2012, or below 45% approval. Those ~5% make a big difference in a Presidential election.
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Yeah I was referring to the Gallup poll that put him at 49 approval.
 
That speech right now :wenger:. Literally every third sentence is unreal. Like the early Saddam times in the Iraqi parliament.
 
That segment about the congressman that got shot though..."You look better than before. You look good now." ...
 
Sky1981 said:
Wouldnt bet on him not to. The dems are too scared to take him on the best they can offer is joe bidden. Trump at this point would have already won by default
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When you say the best the Dems can offer is Biden, who are you referring to as “they”?
 
Sky1981 said:
Beats myself...

But whoever come against trump and win is the new king david.
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I mean Biden was a non entity in the Iowa caucus so it seems a strange choice.
 
Funny how the whole impeachment process played out just as everyone predicted it would. I think the GOP is at the stage where they wouldn't even impeach their own president if there was evidence for him murdering someone. It also shows that impeachment is a useless tool. Tbh though the democrats aren't much better, keeping Clinton in office after him lying under oath to congress pretty much made certain no president would ever be impeached again unless the impeaching party holds a majority in both houses.
 
NoLogo said:
Funny how the whole impeachment process played out just as everyone predicted it would. I think the GOP is at the stage where they wouldn't even impeach their own president if there was evidence for him murdering someone. It also shows that impeachment is a useless tool. Tbh though the democrats aren't much better, keeping Clinton in office after him lying under oath to congress pretty much made certain no president would ever be impeached again unless the impeaching party holds a majority in both houses.
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Surely you meant convicted, since both Clinton and Trump were impeached. And actually no president has ever been convicted in the senate.
 
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