Reply With QuoteIs the answer "an economic miracle"?Originally Posted by severncity
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Have a look at this graph - which is the US GDP growth rate over the past 120 months - and tell us what you notice about the growth rate over the last 29 months.
A8EBF763-778D-4197-B35E-8B127C1F6BB1.jpg
Is the answer "an economic miracle"?
How witty!
Now look at these graphs of the other major economies
A87E6F16-7AF9-4BC3-B057-9A374EF2CA19.jpg
1B9F55FC-C010-49A4-AD0A-1C84F63E23D7.jpg
It's Obama's economy and Job creation didn't yenno ?
what is it saying ,cant see them please summaries ?
American TV are not covering today's July 4th celebrations, they must really hate their country.
No but a very steady improvement from the crash ,not a disaster that anti Trump folk predicted along with no WW3 .
Has anyone got any stats on these in the Trump era :
Unemployment up or down
Job creation up or down
Deaths in conflict zones up or down
Immigration up or down .
Terrorists incidents up or down
Detained terrorists up or down
The reason why I list the above will determine if he gets second term .
If he doesn't get a second terms , who are we going to talk about on CCMB, as discussing Boris, Corbyn , Brexit constructively seem to be no go areas ??
The USA is easily outperforming all other major economies in terms of the growth in its GDP growth rate over the last 30 months.
Wow those are some unbiased sources! Take a close look at the graphs in the first article, on Slate, and you can see the uptick on every measure during the Trump presidency. The way they have presented the graphs makes it hard to spot but zoom in and the evidence is clear.
I will grant you that the failed businessman and con artist hasn't completely screwed up the American capitalist economy. It has mostly carried on the course that it was on for years before he arrived in the White House. However he has increased debt, reduced spending, given tax breaks to his business buddies and the other rich, thrown endless tantrums around trade deals (Not 'The Art Of..'), threatened, backed off, chucked his toys, twitter stormed, claimed credit for things he didn't do and denied any responsibility for the things he did.... Somehow despite the infantile clown's performance he still gets MAGA groupies to declare that he 'is causing an economic miracle'!
He's not interested in economic growth or sustainability (choose one or the other - not both!) or jobs - he is interested in ratings and sycophancy.
Like Wales-Bales, my total neutrality on the question of Trump may be shifting just a little bit.
It's pretty simple. As an individual should your net income rise 3% from 12 months previously but inflation during that period was 5% then you have more money but become 2% poorer in real terms due to the currency's reduced purchasing power, and the longer those conditions persist the worse off you become. The GDP calculation also uses inflation as a deflator. Let's say in the USA the total amount spent on goods and services increased by 5% in 2018 and inflation was at 2% then you get a plus 3% GDP number, which is where it's at today. But what if the inflation number was a false calculation and the true rate was 10%? Then you'd have a GDP number of minus 5%.
Over there, as with everywhere else on the planet, the two most important elements of measuring inflation are the differences in the prices of food and energy year-on-year because they affect everyone. But not in Yank land. What a con! The reason being those prices are 'too volatile.' Too reflective of reality, more like. They had no problem including differences up until the early 1980s. The Chapwood Index (http://www.chapwoodindex.com/) tracks cost of living increases, shadowstats is another.
The inflation tax is the most regressive tax there is: the poorer someone is the harder they're hit. That's why income inequality is off the charts and Oxfam publishes reports like the one below.
Just 8 men own same wealth as half the world - https://www.oxfam.org/en/pressroom/p...lth-half-world
Yesterday Trumpy called for the US dollar to be manipulated lower. He's forever demanding that US interest rates are cut too. He wants the gap in wealth to increase, not decrease, and his base support are so dumb they believe he's on their side.
Donald J. Trump
✔
@realDonaldTrump
China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games - as they have for many years!
65.5K
3:21 PM - Jul 3, 2019
We are currently in the midst of a propaganda war that has crossed international boundaries. It's running cold at the moment, but it has the potential to heat up, and the media are a driving force behind much of it. It's difficult to distinguish between those who are playing a role, and others who have been tricked into repeating the script because they haven't got a clue.
Well done, you got most of the talking points into one paragraph!
Every time when you think he is just about to give the whole game away, he doesn't do it. He is so infuriating!Yesterday Trumpy called for the US dollar to be manipulated lower. He's forever demanding that US interest rates are cut too. He wants the gap in wealth to increase, not decrease, and his base support are so dumb they believe he's on their side.
Donald J. Trump
✔
@realDonaldTrump
China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games - as they have for many years!
65.5K
3:21 PM - Jul 3, 2019
cheers , it should do as its a real big powerful country ,that over the decades has changed the world in so many ways mcuh of it positive,and to all of our benefit. I'm guessing their fear now is China and the like taking a chuck out of that expansion and wealth hence the aggressive tariff war and other posturing around the world and its attempts to realign its economics and power, as they feel has been eroded .
https://www.theguardian.com/us-news/...mp-in-pictures
You've seen it so many times before, a strutting tinpot dictator glorying at his country's military might while addressing his "adoring" subjects - the only difference is this bloke was elected (albeit with substantially less of the popular vote than his opponent), he really needs to be beaten next year!
I agree TOBW however perhaps we are trying to attach our feelings and moral outrage not the Americans,there not like us , they do like a leader ,there flag ,the crowds were there to view .
Folk did know all about Trump in the last election as the equally obnoxious Democats did the smears as did his own Republicans, who if you recall didn't want him at the beginning.
Need to up the same anti on Putin ,Kim, and other dreadful leaders for an even point of view and balanced criticism.
All politicians lie, it's just that some do it more than others.
https://www.politifact.com/personalities/donald-trump/ (true to half true 29%)
https://www.politifact.com/personalities/barack-obama/ (true to half true 73%)
https://www.politifact.com/personali...llary-clinton/ (true to half true 72%)
https://www.politifact.com/personalities/bill-clinton/ (true to half true 76%)
https://www.politifact.com/personalities/john-mccain/ (true to half true 57%)
https://www.politifact.com/personalities/mitt-romney/ (true to half true 58%)
https://www.politifact.com/personali...ernie-sanders/ (true to half true 74%)
https://www.politifact.com/personalities/mike-pence/ (true to half true 52%)
https://www.politifact.com/personalities/nancy-pelosi/ (true to half true 53%)
Last month the Washington Post's count of Trump's false and misleading claims since he took office stood at 10,796 - he's a one off in terms of modern day American politics when it comes to the amount of lies told.
When is this Fred gunna end 🤔
In fairness he’s a gift that keeps giving....
https://www.google.co.uk/amp/s/www.r...ar-855742/amp/
It's the whataboutery again. No, the democrats aren't equally obnoxious. Nor are the Republicans, the Tories, Labour, whoever else you compare to.
Trump sucks up to authoritarians and insults democratically elected allies. He's the 'leader of the free world'. He pays off porn stars that he's slept with. He's on tape saying he can get away with sexually assaulting women because he's famous. He lies on a scale that's never been seen in the US or UK.
You're free to start a Putin thread and a Kim thread to discuss those if you have something to say.
Blink twice if he's standing behind you, LOM
Draining the swamp trump-style #558651
Trump's July 4 event will feature donated fireworks from an Ohio retailer who lobbied the WH against expanded tariffs on Chinese imports, ABC reports.
— Kyle Griffin (@kylegriffin1) July 3, 2019
The day of the donation, Trump decided to hold off on tariffs on Chinese goods, which include fireworks.https://t.co/WjiqXJ7NnG
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