Printable View
SO told me about this this morning and was like.....you can't be serious that you don't want this pinched pendejo (not exactly flattering if you translate this) impeached. He is becoming obviously more unhinged by the day. Let's hope it doesn't lead to irrevocable tragedy before his term is up. I can't even fathom the concept of his being reelected. RobQuote:
Originally Posted by Gardnr
We can't cower in terror all day long about when the economy might deliver a recession. It's ridiculous.
It will eventually by the business cycle anyway. It's inevitable, we aren't going to outrun this one indefinitely. And it doesn't just matter what the U.S. does because while those things have some influence recessions are truly global in nature. And if we get a recession and that recession gets rid of Trump ... I want him gone.
But a recession is inevitable at some point anyway. If people have to take into account, I would much rather people just vote for someone who would make a decent president in a recession that we will inevitably get anyway.
And if we keep having to vote based on what the stock market wants, ugh no, nothing good is ever going to happen that way. We will never get good policies that way.
I also see about ZERO PROBABILITY, that the impeachment of a President will still can't remove from office that way will lead to a recession. I'm just tired of being told to vote for whatever the stock market wants today.
I just went to YouTube and keyed in Trump meltdown with Finnish President. The first video that popped up.was from an Australian news program, featuring two female reporters. This is not a mgtow/men's right post.....I'm just stating the two reporters handling this story were female. And they did not like Trump - they seemed to glow a bit at the prospect of a Trump impeachment. Understandable as Trump had not spared Australia from his sthick/regularly scheduled insanity.
I post this as this Australian news outlet gave me hope that much of the world beyond the US is seeing Trump as I do, and not only Austria. I'm still against an impeachment as I don't want the 85006 or any of you or America at large to suffer from another Great Recession or worse. But I do take hope that the prospect of a Trump impeachment is spreading some joy beyond US borders. Rob
We are experiencing the lowest unemployment rate in fifty years, and the highest wage growth is occurring in the bottom quartile among your lowly paid service workers. If Mrs. Clinton were in office right now, you’d be singing “Happy Days are Here Again”.Quote:
Originally Posted by gimmethesimplelife
That being said, I don’t understand the superstition that President’s somehow control and are accountable for the state of the economy. It’s too large and complex to be centrally managed, no matter how many “plans” are stuffed into some political hack’s portfolio.
To complete the picture, the stock market has basically been flat for the last two years, mining and manufacturing jobs have barely grown, family sized farms are not able to compete and stay profitable, interest rates are so low that those of us wishing to invest conservatively can barely keep up with inflation if at all, any growth due to deregulation of the oil and gas industry has come about partially at the cost of increased greenhouse gasses, and the gap between the higher paying and lower paying jobs continues to grow. And a growing number of financial analysts think were are on the verge of a recession, which may or may not come to be. It's not all rosy but certainly not all bad either.Quote:
Originally Posted by LDAHL
No doubt the president cannot totally control the economy, but the two are not independent, either.
I’m not saying it’s all rosy. It’s never all rosy. There surely will be another recession You don’t need experts to predict that. The trick is knowing when.
But I think the voters and the people who pander to them and try to frighten them suffer from a certain illusion of control. I certainly think that in the long run government can have some impact, often unintended and often for the worse.
One of my biggest grievances with Trump is that his fall may open the door to a new generation of economic witch doctors who think they can bend markets to their will or even eliminate the need for markets altogether by allocatingresources by fiat of a credentialed elite. I think we can expect to hear a lot more about modern monetary theory, and how deficits can be rendered irrelevant by skillfully debasing the currency.
I think it would be fair enough to say that the economy is doing ok, but maybe not as great as the unemployment figures might indicate, and it is showing signs of slowing. Some of the sectors Trump has promised to help really haven't done much.
MMT is crazy enough of a proposition that any fear of it becoming reality is distant if not remote, in my humble opinion. I think some its basis comes from the fact that there doesn't seem to but a ceiling to how much debt we can incur and that fiat currency is really nothing new. The fact that debt has increased so much under T is risky enough in itself.
I think you meant "pinche pendejo." At least that's how I read it. :D And I couldn't agree more.Quote:
Originally Posted by gimmethesimplelife
LOL As usual, Jane, you are dead on. I did mean pinche pendejo....damn autocorrect on this phone! And these two words are indeed an accurate description of Donald J Trump. RobQuote:
Originally Posted by JaneV2.0
Where to even begun unpacking that...?Quote:
Originally Posted by gimmethesimplelife