Trump, Trump supporters, Socialism, and the Economy

[Mac1958]

I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.

 

[Harpy Eagle]

 

[Norman]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

 

[pknopp]

If it was in great shape the Fed wouldn't still be pumping billions and billions.

 

[Mac1958]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

"Fake news". As expected.

The Fed Has Quietly Started QE4

Anyone else?
.

 

[occupied]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

 

[Norman]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

"Fake news". As expected.

The Fed Has Quietly Started QE4

Anyone else?
.

When you start saying that the official asset sheet of the FED is fake news, you have lost the argument. It is real news, real information Mac... money supply has decreased under Trump, which is UNHEARD OF.

 

[Harpy Eagle]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

How will deficits get fixed?

 

[Mac1958]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

 

[pknopp]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.

 

[Norman]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

How will deficits get fixed?

Easiest question ever... by voting dems out of the house.

 

[Mac1958]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.

Obama did the only thing he could do: He stood back as the Fed pumped $4.5T into markets.

That was digging us out of a catastrophe. This is happening in a non-recessionary period, something Keynes himself would have opposed.
.

 

[mudwhistle]

I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.

I think you need to look up what socialism means.
Socialism is the government takeover of energy, food production, and the eventual elimination of private ownership of businesses.
Socialism isn't free stuff. That's just the hook that people fall for to get Socialism in place.

 

[pknopp]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.

Obama did the only thing he could do: He stood back as the Fed pumped $4.5T into markets.

That was digging us out of a catastrophe. This is happening in a non-recessionary period, something Keynes himself would have opposed.
.

Nah. He could have boosted the lower classes. He could have helped people stay in their homes. Instead he bent over for Wall Street.

 

[Mac1958]

I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.

I think you need to look up what socialism means.
Socialism is the government takeover of energy, food production, and the eventual elimination of private ownership of businesses.
Socialism isn't free stuff. That's just the hook that people fall for to get Socialism in place.

Correct! And we're nowhere near that.

Why do Trumpsters keep screaming it?

And are you going to respond to my question?
.

 

[Harpy Eagle]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

How will deficits get fixed?

Easiest question ever... by voting dems out of the house.

Except that the deficit went up by 33% the two years the Repubs controlled the House, the Senate and the White House.

Would you like to try again?

 

[Norman]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.

Obama did the only thing he could do: He stood back as the Fed pumped $4.5T into markets.

That was digging us out of a catastrophe. This is happening in a non-recessionary period, something Keynes himself would have opposed.
.

Except as the chart I posted shows, that is not happening.

Why are you continuing with the fake news? The so called "QE" is only to put in back some money that was removed.

Tiring with Mac that when some of the fake information he spreads gets corrected, nothing happens. He just pretends that the money printer was howling the whole time as under Obama.

 

[Mac1958]

Trump says it's good so it's good. That is the entirety of current conservative ideology.

Actually the process is, talk radio says it's good, then Trump says it's good, then the Trumpsters say it's good.

Any issue. Any topic. Doesn't matter.
.

Sadly Obama supporters defended him inflating the economy in the same way Trump is.

Obama did the only thing he could do: He stood back as the Fed pumped $4.5T into markets.

That was digging us out of a catastrophe. This is happening in a non-recessionary period, something Keynes himself would have opposed.
.

Nah. He could have boosted the lower classes. He could have helped people stay in their homes. Instead he bent over for Wall Street.

We disagree there. We were literally hours from complete collapse. It was the first and only time I was worried about my money and that of my advisory clients.

We were right there. Something had to be committed to, and it had to be big. Right now.
.

 

[Harpy Eagle]

I know this thread will degenerate quickly into platitudes, talking points and insults, but what the hell.

Right now the economy is in good shape. Friday's employment & hiring figures were freakin' outstanding to say the least, and there's a good chance we'll keep purring along for the foreseeable future. And that's not something you can always say. So, that's some pretty damn good stuff.

While this is happening, Trump and his supporters are predictably crowing and very proud. Yeah, I can see that, and it's certainly amplified by the current partisan political environment. Yeah, I get that too.

The three largest factors -- and even the slightest internet research will confirm this -- driving this expansion are (1) the aggressive tax cuts, (2) the aggressive increase in government spending, and (3) the Fed pouring HUNDREDS OF BILLIONS OF DOLLARS into markets to grease the system.

Then, on top of that will be the increase in confidence and positivity with both consumers and businesses. Icing on the cake, good stuff, let's go.

So perhaps Trump supporters can explain why they're so against socialism. Two of the largest three contributing stimulative factors -- massive government spending and the Fed's actions -- would have been considered terrible just four years ago, yet the attacks on socialism (whatever the hell the definition is that the person is using) are only escalating.

Can someone explain this, reasonably, civilly, intelligently, and with original, independent thought?
.

I think you need to look up what socialism means.
Socialism is the government takeover of energy, food production, and the eventual elimination of private ownership of businesses.
Socialism isn't free stuff. That's just the hook that people fall for to get Socialism in place.

So, then Bernie is not a socialist since he is not calling for any of these things.

 

[Norman]

REAL NEWS: Trump economy is unbeatable.

FAKE NEWS: This is because of Fed, and not because of Trump winning.

Trump is possibly the first president ever during whom money printer was turned off.

Once Trump wins in 2020 the deficit will get fixed, even more winning.

How will deficits get fixed?

Easiest question ever... by voting dems out of the house.

Except that the deficit went up by 33% the two years the Repubs controlled the House, the Senate and the White House.

Would you like to try again?

Vote out the never Trumpers as well then...