Trumpsters, please don't read this

[Mac1958]

The Conservative Review isn't playing along. Good for them. Anyone who brings up Trump's exploding debt and flagging economy are immediately mocked by his obedient Trumpsters, but fortunately there are still some Conservatives who are not willing to lie and spin for him.

But I know, I know. The Trumpsters don't care.

Trump can’t be both the president of growth and the president of debt

Earlier today, the Bureau of Economic Analysis announced that the economy had grown just 2.1 percent during the second quarter of this year (ending June 30). It also revised Q4 of 2018 down to just 1.1 percent, which now means that growth during the 12 months ending Q4 of 2018 was only 2.5 percent, not 3 percent as previously thought. This means that the U.S. economy has now gone 14 years without a year-over-year growth of 3 percent. It’s been 19 years since we’ve hit 4 percent, which was during 1997-2000.

While the numbers don’t portend a coming recession, it is highly unusual for us to go for 16 consecutive months with unemployment below 4 percent and 43 months below 5 percent, yet never attain 3 or 4 percent annual GDP growth. In fact, that has never happened before. During the late 1990s, the unemployment rate ranged from 5.3 percent to 3.9 percent – not even as good as today’s 3.7 percent – yet GDP growth was over 4 percent. Ditto for the late 1960s, when we saw years of 6 percent growth. During the mid 1980s, we saw this growth even with higher unemployment rates.

The debt is not just a problem for future generations in terms of a fiscal cost that will be borne by taxpayers. The exclusive focus on the future is what has fostered the Louis XV mentality of “after me, the deluge.” Let’s face it, we are a nation that doesn’t care about the future of our children. What is missing from the discussion is that the debt is permanently weighing down economic growth now.

Let’s peek into the numbers behind today’s topline GDP report. GDP comprises personal consumption expenditures, gross private domestic investment, government spending, and net exports. Seventy percent of the equation is consumption, and the robust 4.3 percent growth in consumption this quarter is a big part of what is keeping us even at 2.1 percent growth. This is not artificial and is good news. Consumption is a sign of a healthy job market, with more people earning money, as well as the tax cuts putting more cash in people’s pockets to spend. No matter whether our economy is fully free market or quasi-socialist, whenever there is more money in people’s pockets, these numbers will go up. We are now in a boom period, and the numbers are good.

But what else is propping up the number? Government spending! Gross government spending, which accounts for about 17.5 percent of the GDP pie, spiked 5 percent. Non-defense spending rose by 15.9 percent!
,

So where is the Dem House bill that balances the budget?

Good question. Why didn't Trump ask that?

Where is HIS?
.

Why does he need to ask for it?

Dems control the House, it’s on them to pass a budget.

Oh, okay. It's just out of his hands. He's kind of an innocent bystander.

Well, that explains it. Now I feel bad for the guy.
.

 

[Mac1958]

You were more fun when all you talked about was sex.

NOT ENOUGH COFFEE YET
.

 

[toobfreak]

I wanted to see how Trumpsters would react to an honest appraisal of his work on the economy

Good. Let us know when you find one. I don't deny Trump has made mistakes, but to ignore the big picture and expect to solely blame Trump when it is the Congress who actually controls spending and the budget is just a waste of my time. The REAL issue here is the 10 trillion Obama packed on in just a couple years with his QE1 & 2. Everyone admitted then that this was screwing our future generations and would only get fixed at a very high, painful cost. Let me know when a democratic president steps up to the plate willing to commit political patricide in order to address it.

 

[Mac1958]

I wanted to see how Trumpsters would react to an honest appraisal of his work on the economy

Good. Let us know when you find one. I don't deny Trump has made mistakes, but to ignore the big picture and expect to solely blame Trump when it is the Congress who actually controls spending and the budget is just a waste of my time.

The thread's going as expected so far, so we're good!
.

 

[Lumpy 1]

Ole Mac's veil slipped down...he's a TDS suffering hack

Hello SassyIrishLass ...
.

 

[SassyIrishLass]

It's the OP's fault.

Okay, great, anyone else?

I never said that...I said you're a hack.

Presidents don't control spending Congress does.

Your daily anti Trump shit is tiresome and you're an attention whore

 

[SassyIrishLass]

Ole Mac's veil slipped down...he's a TDS suffering hack

Hello SassyIrishLass ...
.

Heya Lumpy

 

[Mac1958]

Here's where we are so far.

In reaction to the Conservative Review's fact-filled piece on Trump:

• It's the Dems' fault
• It's the OP's fault
• But Obama
• Trump is just a bystander
  
• The OP has TDS

So far, so good.
.

 

[beautress]

The Conservative Review isn't playing along. Good for them. Anyone who brings up Trump's exploding debt and flagging economy are immediately mocked by his obedient Trumpsters, but fortunately there are still some Conservatives who are not willing to lie and spin for him.

But I know, I know. The Trumpsters don't care.

Trump can’t be both the president of growth and the president of debt

Earlier today, the Bureau of Economic Analysis announced that the economy had grown just 2.1 percent during the second quarter of this year (ending June 30). It also revised Q4 of 2018 down to just 1.1 percent, which now means that growth during the 12 months ending Q4 of 2018 was only 2.5 percent, not 3 percent as previously thought. This means that the U.S. economy has now gone 14 years without a year-over-year growth of 3 percent. It’s been 19 years since we’ve hit 4 percent, which was during 1997-2000.

While the numbers don’t portend a coming recession, it is highly unusual for us to go for 16 consecutive months with unemployment below 4 percent and 43 months below 5 percent, yet never attain 3 or 4 percent annual GDP growth. In fact, that has never happened before. During the late 1990s, the unemployment rate ranged from 5.3 percent to 3.9 percent – not even as good as today’s 3.7 percent – yet GDP growth was over 4 percent. Ditto for the late 1960s, when we saw years of 6 percent growth. During the mid 1980s, we saw this growth even with higher unemployment rates.

The debt is not just a problem for future generations in terms of a fiscal cost that will be borne by taxpayers. The exclusive focus on the future is what has fostered the Louis XV mentality of “after me, the deluge.” Let’s face it, we are a nation that doesn’t care about the future of our children. What is missing from the discussion is that the debt is permanently weighing down economic growth now.

Let’s peek into the numbers behind today’s topline GDP report. GDP comprises personal consumption expenditures, gross private domestic investment, government spending, and net exports. Seventy percent of the equation is consumption, and the robust 4.3 percent growth in consumption this quarter is a big part of what is keeping us even at 2.1 percent growth. This is not artificial and is good news. Consumption is a sign of a healthy job market, with more people earning money, as well as the tax cuts putting more cash in people’s pockets to spend. No matter whether our economy is fully free market or quasi-socialist, whenever there is more money in people’s pockets, these numbers will go up. We are now in a boom period, and the numbers are good.

But what else is propping up the number? Government spending! Gross government spending, which accounts for about 17.5 percent of the GDP pie, spiked 5 percent. Non-defense spending rose by 15.9 percent!
,

I hate to disappoint you, Mac, but President Trump has landed hard on liars and creeps in this nation who think of nothing but cheating Americans out of their Bill of Rights through their pantywaist Socialism that becomes full-fledged Communism by the time they get power. He has God on his side, and the Wiccans who want to bring down the founder's America haven't figured that one out yet. :yay:

Okay, well, maybe Trump and God can fix what Trump has done.
.

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

 

[toobfreak]

I wanted to see how Trumpsters would react to an honest appraisal of his work on the economy

Good. Let us know when you find one. I don't deny Trump has made mistakes, but to ignore the big picture and expect to solely blame Trump when it is the Congress who actually controls spending and the budget is just a waste of my time.

The thread's going as expected so far, so we're good!
.

So are your responses.

 

[JoeB131]

It's the OP's fault.

Okay, great, anyone else?

Well, since you don't talk to me because I was mean to you once, not really.

Okay, here's where i think the problem is. Unlike past recessions/boom periods we are in kind of a new situation with a de facto labor shortage. We have more people retiring out of the system than we have coming in, with a lot of resistance to bringing in new immigrants, documented or otherwise.

Unemployment is always a lagging indicator on economic growth. Even when the economy starts expanding again, you might have years of high unemployment as employers are reluctant to add to payroll. Similarly, you might go into recession without it being immediately apparent on GDP Growth.

The real question is, who cares? As long as unemployment is low and you can find a job, who really cares if GDP growth is 1% or 5%?

In the past, the fear the fed has had that full employment might run up inflation, which is why they often rose interest rates to stymie economic growth.

Of course, we could also see a situation where the economy and employment could crash and crash hard. The economy of 1929 had been struggling for years, but it didn't become apparent until the crash of October.

 

[JoeB131]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

Anyone who thinks he's talking to God needs medications.

 

[toobfreak]

Here's where we are so far.

In reaction to the Conservative Review's fact-filled piece on Trump:

• It's the Dems' fault
• It's the OP's fault
• But Obama
• Trump is just a bystander
  
• The OP has TDS

So far, so good.
.

The only one missing is the only one you want to hear:

BLAME TRUMP FOR EVERYTHING.

Too bad none of that 10 trillion Obumma spent did jack shit for the country. It left Trump nothing left to fix the real problems of the country.

 

[Mac1958]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

 

[beautress]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

The Who? lol

Nah, I just do my own figuring things out based on what my Grandma taught me with her willow switch. (ouch!)

 

[toobfreak]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

Why are you asking Mac? The OP of your thread was to ask all us conservatives to PLEASE NOT READ THIS. And I have tried to comply. Your posts are bad enough to see where you are going.

 

[Mac1958]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

Why are you asking Mac? The OP of your thread was to ask all us conservatives to PLEASE NOT READ THIS. And I have tried to comply. Your posts are bad enough to see where you are going.

Not to worry. I'm not expecting honest or informed answers here.
.

 

[beautress]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

Why are you asking Mac? The OP of your thread was to ask all us conservatives to PLEASE NOT READ THIS. And I have tried to comply. Your posts are bad enough to see where you are going.

Not to worry. I'm not expecting honest or informed answers here.
.

Well, kiss my grits! You're getting honest and informed answers and have been for the last few years!!! And ya act like ya don't know it!

 

[toobfreak]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

Why are you asking Mac? The OP of your thread was to ask all us conservatives to PLEASE NOT READ THIS. And I have tried to comply. Your posts are bad enough to see where you are going.

Not to worry. I'm not expecting honest or informed answers here.
.

So far you've done a great job at holding up your end. You invite conservatives here to NOT read an article you post then act both surprised and disappointed when they give you the honest answers you both knew they would give but didn't want to hear.

 

[Mac1958]

You got it all wrong, Mac. God called President Trump who knows the ways of the Demmies and has the courage to do right by the American people and not the United Nations BLOC. (Bad League Of Creepsisters)

And your thoughts as laid out by the Conservative Review?
.

Why are you asking Mac? The OP of your thread was to ask all us conservatives to PLEASE NOT READ THIS. And I have tried to comply. Your posts are bad enough to see where you are going.

Not to worry. I'm not expecting honest or informed answers here.
.

Well, kiss my grits! You're getting honest and informed answers and have been for the last few years!!! And ya act like ya don't know it!

I was just asking you to comment on the actual article actually addressed in the OP.

Sorry about that.
.