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It's the economy stupid
Abrignac Online
#1 Posted:
Joined: 02-24-2012
Posts: 17,273
The federal government took in a record tax haul in April en route to its biggest-ever monthly budget surplus, the Congressional Budget Office said, as a surging economy left Americans with more money in their paychecks — and this more to pay to Uncle Sam.

All told the government collected $515 billion and spent $297 billion, for a total monthly surplus of $218 billion. That swamped the previous monthly record of $190 billion, set in 2001.

CBO analysts were surprised by the surplus, which was some $40 billion more than they’d guessed at less than a month ago.


https://www.washingtontimes.com/news/2018/may/7/cbo-says-april-was-best-month-history-us-budget/


So the crumbs that were given out at the first of the year have now been accounted for. Quarterly taxes were due April 1st. Looks like those crumbs had a net positive effect.

So all you Trump haters keep in mind what got Bill Clinton elected. When the 2020 comes if we continue to see positive economic figures Trump wins a second term. Morals of an ally cat are of no consequence, otherwise Bill wouldn't have gotten elected the first or the second time.

Some conservative piggies went to market,
Some conservative piggies stayed at home,
Some conservative piggies had roast beef,
Some liberal piggies had none.
And the rest of the liberal piggies went...
"Wee wee wee" all the way home...
DrMaddVibe Offline
#2 Posted:
Joined: 10-21-2000
Posts: 55,423
...to mewl and melt.horse
frankj1 Offline
#3 Posted:
Joined: 02-08-2007
Posts: 44,221
there are tons of comparisons and numbers showing that prove the slow and undeniable upward pace of the 9 previous years of the longest recovery we've seen were virtually identical to the pace we now have...no years have been truly a "roaring" economy.

the real point of my first sentence is that too much credit and too much blame goes to any president specifically.
DrMaddVibe Offline
#4 Posted:
Joined: 10-21-2000
Posts: 55,423
frankj1 wrote:
the real point of my first sentence is that too much credit and too much blame goes to any president specifically.


Then why constantly blame the other guy when they're at the wheel?

8 years of the Kenyan King bashing W, and he did more to damage the economy than W ever did!

Trump is taking the victory lap because he's doing what he said he would do campaigning. Go back and see it for yourself or better yet...keep on doing whatever it is you think you're doing. The train has left the station. The Dow is soaring into uncharted territory because business believed in what he was saying. the employment numbers are way up, consumer spending is up and it's all to do with his election. If the C@nt Carpetbagger would've been elected it would be the same anemic limp along growth with revised downwards numbers because well because. No use of the bully pulpit, no talk about smashing terrible treaties that bound us to an anchor. Why? Because they signed it and want it that way. You don't have to be a good serf and do what they tell you because they tell you.


“The average growth rate for economic recoveries since the 1960s is 3.9 percent ranking the Obama recovery, with an average GDP growth rate of just 2.1 percent, among the slowest in history,” said Sen. Dan Coats (R.-Ind,), who chairs the Joint Economic Committee of the U.S. Congress.



and this....

https://www.cnbc.com/2018/01/12/trump-economys-sustained-growth-pace-unlike-anything-seen-in-13-years.html


But yeah...who wants prosperity?
tailgater Offline
#5 Posted:
Joined: 06-01-2000
Posts: 26,185
frankj1 wrote:


the real point of my first sentence is that too much credit and too much blame goes to any president specifically.


100% true.

Although Frank and I always agree on all things political, (pause for dramatic effect), this is the one constant that rings true each and every time.

This doesn't mean, however, that we can't logically consider the impact that certain policies and assign credit/blame accordingly.

This is where Trump's America First policy won my vote.

Bring back manufacturing jobs and it won't matter when the next dot.com bubble bursts.


It is unlikely, however, that the above numbers can be directly attributed to Trump.
Not yet.


Buckwheat Offline
#6 Posted:
Joined: 04-15-2004
Posts: 12,251
Sounds like they are taxing us too much. fog
Mrs. dpnewell Offline
#7 Posted:
Joined: 08-23-2014
Posts: 1,373
I agree with DMV on this one, and unfortunately disagree with TG's last sentence. Sorry TG, I usually agree with most of what you post.

I believe that Trump's rhetoric, actions and policies (which the left and the MSM constantly label as "mean") are directly responsible for the recent boast in consumer and business confidence.

It is interesting that 9 months into Bush's first term we had 9/11, and it was blamed on Bush. The housing market crash, due directly to Democrat polices was also blamed on Bush. But for 8 years, all of Obama's failures where blamed on the previous administration. Now that the economy has rebound under Trump, the left and the media want to give Obama all the credit. Does everyone forget that Obama and the media claimed for years that a 2% GDP was the "new reality" and that we couldn't do any better? Trump comes along, puts in place policies that boast consumer and business confidence, the GDP doubles, yet Obama should now somehow receive the credit, even though Obama told us over and over again that a 2% GDP was the best we could hope for.


David (dpnewell)
frankj1 Offline
#8 Posted:
Joined: 02-08-2007
Posts: 44,221
The Dow is soaring?
frankj1 Offline
#9 Posted:
Joined: 02-08-2007
Posts: 44,221
we are in year 9 o f the recovery.

where do all you people live?
DrMaddVibe Offline
#10 Posted:
Joined: 10-21-2000
Posts: 55,423
Buckwheat wrote:
Sounds like they are taxing us too much. fog



They ARE!

Our Founding Fathers grabbed the squirrel rifles off the mantels and took on the then World's Superpower because we were taxed 13%. 13%!

We've gotten lazy and we've gotten soft.

We're not being represented by our government we're being ignored. Every time we find a way to save a buck we spent 20!
victor809 Offline
#11 Posted:
Joined: 10-14-2011
Posts: 23,866
... who blamed bush for 9-11? I've never even heard of that.

Blame him for decisions made after, sure. But blame him for the attack?

Strawman argument is made of straw.
DrMaddVibe Offline
#12 Posted:
Joined: 10-21-2000
Posts: 55,423
frankj1 wrote:
The Dow is soaring?



6000 points would be soaring with most economists.

It's what a fluke in DNC circles?
DrMaddVibe Offline
#13 Posted:
Joined: 10-21-2000
Posts: 55,423
victor809 wrote:
... who blamed bush for 9-11? I've never even heard of that.

Blame him for decisions made after, sure. But blame him for the attack?

Strawman argument is made of straw.



PUH-LEEEZE!

We've heard all about it being an inside job and how he knew and arranged it all! He wanted a war so his daddy would love him so he and his VP designed it and crap like that.

If that wasn't bad enough...then we get to hear that hurricane Katrina was all the guy's fault too.

They say the memory is the 3rd thing to go.
DrMaddVibe Offline
#14 Posted:
Joined: 10-21-2000
Posts: 55,423
frankj1 wrote:
we are in year 9 o f the recovery.

where do all you people live?


Um...in reality? I posted it before...let me post it again.

“The average growth rate for economic recoveries since the 1960s is 3.9 percent ranking the Obama recovery, with an average GDP growth rate of just 2.1 percent, among the slowest in history,” said Sen. Dan Coats (R.-Ind,), who chairs the Joint Economic Committee of the U.S. Congress.

2.1% isn't recovery. It's not even registering a heartbeat. Any margin of error is 2 - 2.5% on almost everything!

Every time they posted their numbers 2-3 months later they'd revise them lower by a full point to a point and a half! That NEVER got the media's attention though. The tingling up their legs was still going on. They knew they didn't make the numbers but decided to con America. Main Street knew the guy was all hat and no cattle. Wall Street kept the con game afloat. K Street kept the light on and silence was golden!
victor809 Offline
#15 Posted:
Joined: 10-14-2011
Posts: 23,866
DrMaddVibe wrote:
PUH-LEEEZE!

We've heard all about it being an inside job and how he knew and arranged it all!

If that wasn't bad enough...then we get to hear that hurricane Katrina was all the guy's fault too.

They say the memory is the 3rd thing to go.


I don't talk to you, you don't talk to me. That was the agreement.
DrMaddVibe Offline
#16 Posted:
Joined: 10-21-2000
Posts: 55,423
victor809 wrote:
I don't talk to you, you don't talk to me. That was the agreement.



Agreement? There was never any agreement with you. You can't be trusted to wipe your own butt much less keep your word.

You're a big d!ck and this just proves it. You can't handle an opposing viewpoint so you think this what weakens what I said?

I think you've overplayed you hand if you really think this is going to do anything.


It was bad enough that you posted crap all over the original thread that detailed each and every point of my divorce. Hell, you probably gifted CBid cupcakes so they'd erase the post.

*10 is most likely right around the corner.
victor809 Offline
#17 Posted:
Joined: 10-14-2011
Posts: 23,866
And yet I was able to successfully not interact with you.
This has nothing to do with a viewpoint. I want nothing to do with a disgusting person like you whether you agree with me or not.

As I said before, all you have to do is not talk to me.
DrMaddVibe Offline
#18 Posted:
Joined: 10-21-2000
Posts: 55,423
victor809 wrote:
And yet I was able to successfully not interact with you.
This has nothing to do with a viewpoint. I want nothing to do with a disgusting person like you whether you agree with me or not.

As I said before, all you have to do is not talk to me.



LOL!

You've admitted to being a pivot man in your gym, beating up homeless and mentally ill people in your neighborhood on this website and you think for one second that a fight engineered between my son and I by my ex...one that the minute he hit me she was on the phone calling the cops...one where I didn't hit him...and there were no charges pressed because he wanted to live with me during and after the divorce is doing what to diminish me or besmirch me? Keep believing in your little twisted world because its not based in reality. Whatever she thought she was going to accomplish was diminished in the outcome. Kids lived with me, I got the house...she got the boot! You can't spin reality the way you want with this exposure Victor . Keep trolling.
victor809 Offline
#19 Posted:
Joined: 10-14-2011
Posts: 23,866
Oh noooo... You know my name...

Don't care at all about your explanation of the circumstances. You are neither relevant nor a reliable source of truth.



All you have to do is stop interacting with me. You realize all I want is to have nothing to do with a disgusting person like you.
DrMaddVibe Offline
#20 Posted:
Joined: 10-21-2000
Posts: 55,423
victor809 wrote:
Oh noooo... You know my name...

Don't care at all about your explanation of the circumstances. You are neither relevant nor a reliable source of truth.

All you have to do is stop interacting with me. You realize all I want is to have nothing to do with a disgusting person like you.



I know your name because you troll my LinkedIn and FB accounts scouring for whatever trolls like you want to see. Could've just asked and I'd send you a picture.

As far as disgusting, you really are a big d!ck. This kinda cemented it.

I really hope the entire board here sees exactly who and what you are. If it means exposing my name on a forum so be it. Here's yours so anyone legally paying attention can follow the dots...Victor .
victor809 Offline
#21 Posted:
Joined: 10-14-2011
Posts: 23,866
Huh... Didn't know you had a LinkedIn account... Didn't expect you to be employable.... But good to know, I can look at that too now.

You want to open this up to board opinion... I don't care. I've said again and again, all you have to do is stop interacting with me.

Granted I've also said you aren't smart enough to just stop... And you've proven me correct.
Abrignac Online
#22 Posted:
Joined: 02-24-2012
Posts: 17,273
Both of you need to grow up. You’re acting like spoiled brats on a playground.

Not taking sides, but having been a law enforcement officer for almost 14 years I’ll be the first to say many, many times bs arrests are made for nothing more than policy. Domestic and similar crimes are near the top of bs arrests.

Both of you make accurate yet colorful posts and both of you can be horses asses at times. This is one of those times.
DrMaddVibe Offline
#23 Posted:
Joined: 10-21-2000
Posts: 55,423
victor809 wrote:
Huh... Didn't know you had a LinkedIn account... Didn't expect you to be employable.... But good to know, I can look at that too now.

You want to open this up to board opinion... I don't care. I've said again and again, all you have to do is stop interacting with me.

Granted I've also said you aren't smart enough to just stop... And you've proven me to be the world's biggest jerk with a small pen!s. a big mouth and a penchant to wear Speedos.


Seriously. You show up on almost each and every social media site I'm on. Its almost flattering to know people care that much about you. Then you see how they follow you around from site to site to site thinking they have some sort of moral high ground when they're actually lower that a whale turd kind of shows you what you are for all paying attention. Yeah. Total stalker comes to mind.

I've said it before Victor , and I'll say it again...thanks for the free rent in your brain. I own you mind. You are a petty little b!tch that thinks you have something. The truth isn't on your side. It never was and never will be.
DrMaddVibe Offline
#24 Posted:
Joined: 10-21-2000
Posts: 55,423
Abrignac wrote:
Both of you need to grow up. You’re acting like spoiled brats on a playground.

Not taking sides, but having been a law enforcement officer for almost 14 years I’ll be the first to say many, many times bs arrests are made for nothing more than policy. Domestic and similar crimes are near the top of bs arrests.

Both of you make accurate yet colorful posts and both of you can be horses asses at times. This is one of those times.



I'm grown and not going to take his B$.

Thanks for your wisdom in the arrest department...I lived it...that scratch on my face was from my ex wife after I was in cuffs. Yeah. He thinks my arrest holds sway over me. It was a low point in that that happened. It doesn't define who or what I am in any manner. He's only trying to embarrass me with it and it's not going to work because just like my ex..she was defeated. Him clinging to knowing my name...Lord know he trolled hard for it because I've had no interaction with him via this board...and exposing it...it's spilled milk now. Whatever. Wow. Now what? I'm supposed to sit down to pee like Victor ? I don't think so.
Abrignac Online
#25 Posted:
Joined: 02-24-2012
Posts: 17,273
I like both of you. So get pissed if you want, but I called Shana. Posting each other’s personal info is waaay over the line.
Mrs. dpnewell Offline
#26 Posted:
Joined: 08-23-2014
Posts: 1,373
victor809 wrote:
... who blamed bush for 9-11? I've never even heard of that.

Blame him for decisions made after, sure. But blame him for the attack?

Strawman argument is made of straw.


It's good to see you back, Victor. Obviously, you and I don't spend time on the same dicussion boards. For years folks on the left blamed Bush for 9/11. Some claimed he knew about the attacks in advance, and that he allowed them to happen so that he could take us to war. Others claimed that since he had been in office for 9 months, it was all on him and Clinton's hands where clean. No strawman arguement. Just facts of what I've experienced for years.

David (dpnewell)
gummy jones Offline
#27 Posted:
Joined: 07-06-2015
Posts: 7,969
I do not believe the end of #5 to be true
Mrs. dpnewell Offline
#28 Posted:
Joined: 08-23-2014
Posts: 1,373
DMV,
I usually agree with what you post, and appreciate your perspective here, but am saddened by your and Victor's exchange. The thing I like about this political board is that we can disagree with each other, yet still be brothers.

Frank and I are at opposite ends of the political spectrum, but I would still be thrilled to share a cigar and adult beverage with him, and even though we almost always disagree, I have come to respect him and his opinion. To me Victor comes across as an arrogant know it all, but again, I could put our differences aside, and still enjoy time with him in the real world. Though I disagree with him more times then not, I still find his view point interesting.

Back before my exile, there was another lefty on this board (who's name I can not recall at this time) that I would get into it with all the time. We would fight like cats and dogs. One day he found a great price on Illusione Rothchilds, and PMed me. We did a box split together. Yes we fought on this board, but we where able to put that aside for things we had in common.

I'm not trying to preach to you brother. It just saddens me that there is so much animosity between the two of you.

David (dpnewell)
delta1 Offline
#29 Posted:
Joined: 11-23-2011
Posts: 28,784
There are lunatic fringes on both the left and right sides. Then there is the base on both sides. Then there are moderates on both sides. At one time, the moderates seemed to be in large enough numbers to be able to work together to get stuff accomplished. Now it seems that the fringes and the bases, which have no, or little, interest in compromise, dominate national politics...hence gridlock...damm Russians at work here...

True independents and libertarians are too few in total numbers to affect change. When the millenials, the 18-25 age group, awaken politically, and the dinosaurs (my generation/boomers) die, that may be the time when politics change course.


As for Trump and the economy: Obama says, "You didn't build that." .... lol



Obama's first 1 1/2 yr : stock market grew 33%........total over 8 years ... +149%
Trump's first 1 1/2 yr: stock market grew 26%.......total at end of term ... tbd

lol...No cons gave Obama any credit...just the opposite....I gave him credit for rescuing the country from economic disaster...and I am giving Trump credit for expanding the recovery.
bgz Offline
#30 Posted:
Joined: 07-29-2014
Posts: 13,023
I disagree, I like watching DMV and victor go at it. Mild entertainment for quick work breaks :D
delta1 Offline
#31 Posted:
Joined: 11-23-2011
Posts: 28,784
Abrignac wrote:
[b][i][size=6]
So all you Trump haters keep in mind what got Bill Clinton elected. When the 2020 comes if we continue to see positive economic figures Trump wins a second term. Morals of an ally cat are of no consequence, otherwise Bill wouldn't have gotten elected the first or the second time.

Some conservative piggies went to market,
Some conservative piggies stayed at home,
Some conservative piggies had roast beef,
Some liberal piggies had none.
And the rest of the liberal piggies went...
"Wee wee wee" all the way home...



It's a little early, donchathink, to close the show? A lot can happen in two more years... but if the economic numbers remain on this trajectory, Trump may be able to shoot someone on 5th Ave and still get re-elected...

Notwithstanding flies in the ointment: Mueller investigation completion, Cohen investigation, Stormy Daniels litigation, other alleged Trump sex assault victims' litigation, mid-term elections tip House and/or Senate to Dem majorities, ethics/campaign finance/fraud investigations.... He might survive one or two of these if they go against him, but not all...


If that happens....we'll call you the Cbid Leon Lett...

Mrs. dpnewell Offline
#32 Posted:
Joined: 08-23-2014
Posts: 1,373
frankj1 wrote:
we are in year 9 o f the recovery.

where do all you people live?


In the blue state of NJ where the economy still s*cks, and my house is taxed at over $8,000 a year. With our new Democrat governor, we are told to expect a tax increase of approximately 10% this year. The state sales tax is also suppose to increase this year, with some of the revenue going to a legal defense fund to help illegal invaders fight deportation. With such outrageous taxes, I have a real concern about being able to find a buyer for my home. Not to mention the “exit tax” that is withheld at closing for those leaving the state.

Yet in NC, where there are help wanted signs everywhere, my equivalent home is taxed at $890 a year. In the 6 years I've owned this home, my taxes have increased a whopping $15. Just say'n.

David (dpnewell)
Mrs. dpnewell Offline
#33 Posted:
Joined: 08-23-2014
Posts: 1,373
frankj1 wrote:
we are in year 9 o f the recovery.

where do all you people live?


Really? The year Obama took office, my company’s revenue dropped 60%. I cut my salary in half and took other cost cutting measures to try and hang on and keep my employees. After 7 years of the same, trying everything I could to increase sales and keep the doors open, I was forced to shut down. Strange that I and many others around here never saw this recovery you speak of.

David (dpnewell)
gummy jones Offline
#34 Posted:
Joined: 07-06-2015
Posts: 7,969
Delta the market isn't the economy

8 years of free money for corporations has a way of pumping up value

For the record although I think our recent growth and likely continued growth (hint it's a good time to get in if you are truly long) is based on legitimate economic optimism Trump is at least short sighted for openly taking credit. You tie your success to the market when it goes up and you better believe that your entire legitimacy will then be questioned when it inevitably goes down.

Moral of the story, Trump talks way too much
JadeRose Offline
#35 Posted:
Joined: 05-15-2008
Posts: 19,525
WTF are you idiots on about? VIC and DMV......you're both a couple of pole-smoking lunatics. You both suck and neither of your opinions is ever right. Why don't you both STFU and shake hands!


So help me God, if I gotta stop this f*cking car.......
frankj1 Offline
#36 Posted:
Joined: 02-08-2007
Posts: 44,221
gummy jones wrote:
Delta the market isn't the economy

8 years of free money for corporations has a way of pumping up value

For the record although I think our recent growth and likely continued growth (hint it's a good time to get in if you are truly long) is based on legitimate economic optimism Trump is at least short sighted for openly taking credit. You tie your success to the market when it goes up and you better believe that your entire legitimacy will then be questioned when it inevitably goes down.

Moral of the story, Trump talks way too much

down like the last 4 months? OK, intentional sarcasm.

as I said before, too much credit, too much blame, but he is so unpredictable that the roller coaster is moving waaay too fast for comfort. Stable people do inspire comfort. He seems to inspire testosterone.

Despite lying eyes here (and legit individual exclusion from the last 9 years) recovery from the Great Recession did happen, and it happened after a very long rough period. And it continues to happen at a similar pace when all factors are looked at impartially.

And if one gives credit to Obama, they logically have to give credit to Bush who started the bailouts.

Gummy, not kidding with this question, I am in over my head in matters that get too deep in national economy matters, but did the bailouts truly extend for 8 years of Obama? I thought much had been paid back (if not pocketed by those scoundrels now reappearing) after they were given out, including all the way back to the Bush origins.

frankj1 Offline
#37 Posted:
Joined: 02-08-2007
Posts: 44,221
JadeRose wrote:
WTF are you idiots on about? VIC and DMV......you're both a couple of pole-smoking lunatics. You both suck and neither of your opinions is ever right. Why don't you both STFU and shake hands!


So help me God, if I gotta stop this f*cking car.......

there it is!
gummy jones Offline
#38 Posted:
Joined: 07-06-2015
Posts: 7,969
I didn't read this whole article but it likely spells it out

https://www.wsj.com/articles/SB10001424052748704462704575590642149103202

The answer is much deeper than this and above my understanding as well but bail outs are only part of our historically slow recovery

I highly recommend googling Thomas sowell' s "tax cuts for the rich" (free pdf) and reading it. It's incredible and spells out pretty clearly the best long term plan for true growth vs the knee jerk reaction of our ruling bodies.

Here's a little video where he sums up key points

https://youtu.be/rc-bELgAowU

(Disclaimer: it's really hard for me to think of a living person I admire more than Dr sowell.)
DrafterX Offline
#39 Posted:
Joined: 10-18-2005
Posts: 98,548
Abrignac wrote:
I like both of you. So get pissed if you want, but I called Shana..



Confused
delta1 Offline
#40 Posted:
Joined: 11-23-2011
Posts: 28,784
gummy jones wrote:
Delta the market isn't the economy

8 years of free money for corporations has a way of pumping up value

For the record although I think our recent growth and likely continued growth (hint it's a good time to get in if you are truly long) is based on legitimate economic optimism Trump is at least short sighted for openly taking credit. You tie your success to the market when it goes up and you better believe that your entire legitimacy will then be questioned when it inevitably goes down.

Moral of the story, Trump talks way too much



It is one measure of the health of the American economy, and I use it as an example because Trump himself has said he has caused the jump in the stock market, because he's like a genius with money and employment...


just as the OP pointed to the difference between taxes collected (revenue) and expenses paid by the US govt. in April 2018 as an illustration of economic prosperity...we all know that is a cyclical phenomenon with some months skewed in one direction, while others skew in the opposite ... with a more accurate indicator being the year ending budget report...
frankj1 Offline
#41 Posted:
Joined: 02-08-2007
Posts: 44,221
delta1 wrote:
It is one measure of the health of the American economy, and I use it as an example because Trump himself has said he has caused the jump in the stock market, because he's like a genius with money and employment...

not sure what period of time an above post was referring to with soaring Dow, but in the last year it has been slightly better than half of the 6K claimed in the post...and a quarter of that was lost in the last 4 months.

instability perceptions about our foreign policy may make slow steady growth a thing of the past (decade).
tailgater Offline
#42 Posted:
Joined: 06-01-2000
Posts: 26,185
Mrs. dpnewell wrote:
I agree with DMV on this one, and unfortunately disagree with TG's last sentence. Sorry TG, I usually agree with most of what you post.

I believe that Trump's rhetoric, actions and policies (which the left and the MSM constantly label as "mean") are directly responsible for the recent boast in consumer and business confidence.

It is interesting that 9 months into Bush's first term we had 9/11, and it was blamed on Bush. The housing market crash, due directly to Democrat polices was also blamed on Bush. But for 8 years, all of Obama's failures where blamed on the previous administration. Now that the economy has rebound under Trump, the left and the media want to give Obama all the credit. Does everyone forget that Obama and the media claimed for years that a 2% GDP was the "new reality" and that we couldn't do any better? Trump comes along, puts in place policies that boast consumer and business confidence, the GDP doubles, yet Obama should now somehow receive the credit, even though Obama told us over and over again that a 2% GDP was the best we could hope for.


David (dpnewell)


It's OK to disagree with me. Ask Frank. He's made a career of it.
Or ask my wife.
I once got in trouble calling her a contrarian.
Seems I hiccuped after the first syllable.





tailgater Offline
#43 Posted:
Joined: 06-01-2000
Posts: 26,185
frankj1 wrote:
not sure what period of time an above post was referring to with soaring Dow, but in the last year it has been slightly better than half of the 6K claimed in the post...and a quarter of that was lost in the last 4 months.

instability perceptions about our foreign policy may make slow steady growth a thing of the past (decade).


Translation:

The stock market is good, but I'm going to dissect it until there is no way to give credit to Trump.


Herfing
gummy jones Offline
#44 Posted:
Joined: 07-06-2015
Posts: 7,969
Its really not a measure of economic health by anyone but the main stream media

It's not science
frankj1 Offline
#45 Posted:
Joined: 02-08-2007
Posts: 44,221
tailgater wrote:
Translation:

The stock market is good, but I'm going to dissect it until there is no way to give credit to Trump.


Herfing

but not Obama.
frankj1 Offline
#46 Posted:
Joined: 02-08-2007
Posts: 44,221
gummy jones wrote:
Its really not a measure of economic health by anyone but the main stream media

It's not science

I know you're right, but me and tail are having fun.
delta1 Offline
#47 Posted:
Joined: 11-23-2011
Posts: 28,784
gummy jones wrote:
Its really not a measure of economic health by anyone but the main stream media

It's not science


I get what you're saying...I loved the books by the UChicago economist/scientist Stephen Levitt, Freakonomics, and subsequent tomes...


and yet if measuring economic health was science, there would be unanimous consensus among all economists...but there are some with con views and some with lib views...not sure if Gruber will ever agree with much of anything Krugman says...
MACS Offline
#48 Posted:
Joined: 02-26-2004
Posts: 79,773
delta1 wrote:
I get what you're saying...I loved the books by the UChicago economist/scientist Stephen Levitt, Freakonomics, and subsequent tomes...


and yet if measuring economic health was science, there would be unanimous consensus among all economists...but there are some with con views and some with lib views...not sure if Gruber will ever agree with much of anything Krugman says...


What? Is it unanimous or is it consensus? Because even in science we can't seem to get agreement on a lot of theories.
delta1 Offline
#49 Posted:
Joined: 11-23-2011
Posts: 28,784
my bad...that was an example of how fallible my sentence construction can be ... we can agree about that one...

but my point is this: is economics more science or "art"
DrafterX Offline
#50 Posted:
Joined: 10-18-2005
Posts: 98,548
Does economics have electrolytes..?? Huh
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