The Economy

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    • #3296
      Avatargpn38
      Participant

      On fire in the third quarter!.

      As a one issue voter, the Economy, my preference is clear. Orange has presided over one of the most robust economic performances I have seen. Mostly because of his emphasis on curtailing and scaling back onerous regulations.  Not cutting taxes for the rich as many contend. This should be a cake walk. Alas, the American public thinks differently. As was painfully proven to me in 2012: Obama had shown himself to be a weak ( and uncaring) steward of our Economy. Romney was way superior on that front and the American voters reelected BA. Might happen again and that is a pity. But that’s what I get for caring about one issue:)

    • #3297
      LegendLegend
      Keymaster

      On the economy it isn’t even close. The only reason stock pickers are bullish on Biden (when they are) is because they think more government support will happen.

      Trump is waaaay better for the real economy.

      ____________________________________________________________
      Sic transit gloria mundi (so shut up and get back to work)

      • #3303
        Avatarrogpodge
        Participant

        Well, there’s this.  The level of ignorance about basic personal finance is astounding.  Of course Now This exploits this for political gain.  Ridiculous.

        https://www.cnbc.com/2020/10/28/wall-street-spends-74-million-to-support-joe-biden.html

        https://www.nytimes.com/interactive/2020/10/25/us/politics/trump-biden-campaign-donations.html

        This is why I yell at the screen when I see ads touting the Park Avenue / Wall Street versus Scranton “line.”

        Joe Biden is only interested in allowing Wall Street to take advantage of cheap overseas labor.  Wall Street knows this.  I’m normally a free trade advocate, but I’m on board with making sure China isn’t stealing our intellectual property, stops dumping cheap goods into the markets, trying to get them to stop manipulating their currency, and reducing American dependence on quasi-slave labor.

        Biden’s COVID / economic plan is garbage.  We’re in for a rough fall / winter because of COVID.  BUT, death rates have held relatively steady (they are going up because cases are rising).

        Lockdowns do not work.  Biden deciding to lock down the economy again would be a disaster.  We’d lose an entire generation.

        The sad thing is, the younger generations will believe the media and blame the GOP / Trump.  Oh well.

    • #3304
      AvatarBeeg_Dawg
      Participant

      With market futures falling, looks to me like those pulling the levers are betting against Trump or making sure he doesn’t win.

      Analyst report I read predicts another 6.5% fall in the Dow before the next stop point.  At least a 10% fall less than a week before the election?  Hmmmm

      Me thinks the Swamp is deeper and wider than I ever suspected.

       

    • #3311
      LegendLegend
      Keymaster

      Well they didn’t hide the 33% uptick in GDP.

      Wait, yes they did. CNN and msnbc didn’t even report on that nugget in prime time. This is getting unbelievable. Not even reporting on basic economic metrics because of political considerations.  Pravda it is.

      https://www.foxnews.com/media/cnn-msnbc-primetime-shows-skip-historic-gdp-growth-amid-economic-recovery

      • This reply was modified 5 years, 5 months ago by LegendLegend.

      ____________________________________________________________
      Sic transit gloria mundi (so shut up and get back to work)

      • #3313
        rjnwmillrjnwmill
        Participant

        What do they do after the election?  Their audience will be surprised, disappointed and will be wondering how this could happen a second time. Not at all good descriptors for a business’s consumers. They’ll likely be asking themselves how  they can be rightly informed going forward.

        It will be interesting to see if Bezos has learned any lessons from his ownership of the Washington Post that he brings to CNN.  The Post was in a transitioning media market but had a valuable brand when he acquired it.  AT&T/Zucker have ruined CNN.  It’s a full turnaround candidate now.  Where does he position them and who fronts for him?  He can’t stay with Cuomo, Lemon, and domain experts like Gupta and Struzck can he?

         

        Here's a toast with one last pour, may it last forever and a minute more;
        Good fortune seems to you have sung, to live and love way past long

    • #3316
      cardcrimsoncardcrimson
      Participant

      [quote quote=3313]What do they do after the election? Their audience will be surprised, disappointed and will be wondering how this could happen a second time. Not at all good descriptors for a business’s consumers. They’ll likely be asking themselves how they can be rightly informed going forward. [/quote]

      The sheeple won’t know, won’t care. Trump out–good. Biden in–good. Look how fast the economy turned around after he was elected. But they’ll still blame Trump for the worldwide resurgence of the virus. . . .

    • #5495
      rjnwmillrjnwmill
      Participant

      “The sheeple won’t know, won’t care. Trump out–good. Biden in–good. Look how fast the economy turned around after he was elected. But they’ll still blame Trump for the worldwide resurgence of the virus. .”

      Well, maybe not?  Brandon is Billy Conn, and in the roll of Joe Louis-

      A trump vaccine as the last best hope

      inflation

      empty shelves

      a”magnificent” withdrawal from Afghanistan with US citizens stranded

      oil prices

      illegal immigration and drug smuggling at an open boarder

      reduced public health and safety services attributable to clumsy public policy-mandates that ignore naturally occurring antibodies

      and coming soon…winter heating bills.

      Gridlocked DEMOCRATS in Congress

      a transportation Secretary on paternity leave

      These stories don’t need coverage in the news cycle to be FELT.

      And the real hoot, one side of the aisle has opened Pandora’s Box with decades selling victimhood, selling avoidance of responsibility, selling government solutions, selling their ability to deliver “solutions”. That dog won’t hunt.

      • This reply was modified 4 years, 5 months ago by rjnwmillrjnwmill.

      Here's a toast with one last pour, may it last forever and a minute more;
      Good fortune seems to you have sung, to live and love way past long

    • #5497
      cardcrimsoncardcrimson
      Participant

      Odd stuff going on with the board. My post apparently just went live, though it was from October 30th of last year, and before the election.

      $100 to fill up my Land Cruiser the last couple of times. Thanks Joe!

      To your point, things are bad, and are going to get worse. . . .

    • #5501
      LegendLegend
      Keymaster

      Yeah.  I will leave the test post up. If you ever have a post disappear, just post there. Every now and then posts with a lot of links get nabbed by a spam filter I can’t turn off. Unless I check it, they stay there until somebody mentions it.

      Rocky hated this bug to the point he thought I was censoring him.  I tried everything to find how to allow any post but couldn’t figure it out.

      ____________________________________________________________
      Sic transit gloria mundi (so shut up and get back to work)

      • #5502
        AvatarBrix
        Participant

        Speaking of Rocky. Does anyone know how he is? I seem to remember he went home from the hospital after his bout with Covid, but I have not heard anything since.

         

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