GM announces layoffs 2000 jobs in OH and MI one day AFTER the election

Althea said:
Deficit spending is never good for the economy. Just check the aftermath of every Republican administration since you were born
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You just gave Paul Krugman and every Keynsian a heart attack. You a supporter of the gold standard?
 
Althea said:
Deficit spending is never good for the economy. Just check the aftermath of every Republican administration since you were born
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You just gave Paul Krugman and every Keynsian a heart attack. You a supporter of the gold standard?
 
blackascoal said:
Lots of economic disasters coming to the American people over the next 4 years.

MarketWatch: Opinion: Donald Trump’s economics are an unmitigated disaster

WASHINGTON (Project Syndicate) — Donald Trump has finally put out a detailed economic plan. Authored by Peter Navarro (an economist at the University of California-Irvine) and Wilbur Ross (an investor), the plan claims that a President Trump would boost growth and reduce the national debt.

But its projections are based on assumptions so unrealistic that they seem to have come from a different planet. If the United States really did adopt Trump’s plan, the result would be an immediate and unmitigated disaster.

At the heart of the plan is a very large tax cut. The authors claim this would boost economic growth, despite the fact that similar cuts in the past (for example, under President George W. Bush) had no such effect. There is a lot of sensible evidence available on precisely this point, all of which is completely ignored.

The Trump plan concedes that the tax cut per se would reduce revenue by at least $2.6 trillion over 10 years — and its authors are willing to cite the nonpartisan Tax Foundation on this point. But the Trump team claims this would be offset by a growth miracle spurred by deregulation.

In fact, their estimates of the benefits of deregulation are completely exaggerated. Serious independent analysis, for example by the World Bank or the Organization for Economic Cooperation and Development, finds that the U.S. does not have a high regulatory burden on the nonfinancial sector. In the World Bank’s widely used Doing Business indicators, for example, the U.S. ranks seventh in the world — and there is not a lot of realistic room for improvement.

More
http://www.marketwatch.com/story/donald-trumps-economics-are-an-unmitigated-disaster-2016-10-03
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Trump doesn't understand that you cannot simply declare bankruptcy when you run up spending that you don't have the money for. Republicans fault the Left for tax/spending policies. Then they employ tax cut/spending policies.

I'm looking forward to seeing Trump's head explode before the end of his first year, as he is constantly questioned/criticized by all of Congress. I do NOT see Conservatives in the House getting on board with his disastrous policies.
 
NOVA said:
Nice....best laugh I've had today......thanks
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The market has been breaking records for years since Obama took office. It had a correction last August, only to see massive gains again. And that's with oil down to record lows.
 
Althea said:
The market has been breaking records for years since Obama took office. It had a correction last August, only to see massive gains again. And that's with oil down to record lows.
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Keep 'em coming sweetie.....you should try out for the Comedy Club.......
 
Althea said:
Deficit spending is never good for the economy. Just check the aftermath of every Republican administration since you were born
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check it ten trillion times......isn't it amazing that you didn't notice when Obama' deficit spending exceeded that of every Republican administration since you were born combined, plus the deficit spending of every other Democrat administration since you were born, combined plus the deficit spending of every Republican and Democrat administration BEFORE you were born, combined plus another two trillion on top of that?........
 
Thing1 said:
Since the Bush crash in 2008: what % of the market growth was under Obama, and what % was strictly since Trump got elected?
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We can see that this tepid bump is in the banking/energy sectors. Both in the hopes that total deregulation will come under Trump's impending comedy show.
 
Thing1 said:
Since the Bush crash in 2008: what % of the market growth was under Obama, and what % was strictly since Trump got elected?
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wait, do you mean to say that when a market recovers from a crash it has a higher % of market growth than it does when it's stable?......omigorsh, someone should tell Wall Street!.......
 
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