The Donald Trump thread

[severncity]

Re: The Donald Trump thread

Trump has done economic miracles in the US, I have to be honest about that. Their economy has grown for a record 121 consecutive months. And trump was only in charge for the last 29.

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

[lardy]

Re: The Donald Trump thread

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.

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Is the answer "an economic miracle"?

[severncity]

Re: The Donald Trump thread

Is the answer "an economic miracle"?

How witty!

Now look at these graphs of the other major economies

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[Heathblue]

Re: The Donald Trump thread

How witty!

Now look at these graphs of the other major economies

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It's Obama's economy and Job creation didn't yenno ?

[life on mars]

Re: The Donald Trump thread

How witty!

Now look at these graphs of the other major economies

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what is it saying ,cant see them please summaries ?

[Wales-Bales]

Re: The Donald Trump thread

American TV are not covering today's July 4th celebrations, they must really hate their country.

[life on mars]

Re: The Donald Trump thread

Is the answer "an economic miracle"?

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 ??

[severncity]

Re: The Donald Trump thread

what is it saying ,cant see them please summaries ?

The USA is easily outperforming all other major economies in terms of the growth in its GDP growth rate over the last 30 months.

[jon1959]

Re: The Donald Trump thread

https://slate.com/business/2019/02/fact-check-trumps-state-of-the-union-economic-miracle-false.html

https://truthout.org/articles/noam-chomsky-trumps-economic-boom-is-a-sham/

https://www.bbc.co.uk/news/world-45827430

https://www.vox.com/2019/2/5/18210757/state-of-union-2019-economy-fact-check

https://edition.cnn.com/2019/03/12/politics/trump-economic-boom-obama-compare/index.html

Not an economic miracle.

[severncity]

Re: The Donald Trump thread

https://slate.com/business/2019/02/f...cle-false.html

https://truthout.org/articles/noam-chomsky-trumps-economic-boom-is-a-sham/

https://www.bbc.co.uk/news/world-45827430

https://www.vox.com/2019/2/5/18210757/state-of-union-2019-economy-fact-check

https://edition.cnn.com/2019/03/12/politics/trump-economic-boom-obama-compare/index.html

Not an economic miracle.

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.

[jon1959]

Re: The Donald Trump thread

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.

[Organ Morgan.]

Re: The Donald Trump thread

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

[Organ Morgan.]

Re: The Donald Trump thread

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

[Wales-Bales]

Re: The Donald Trump thread

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.

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.