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

Thing1 said:
Lame. Yet no issues w/ you as far as NOVA implying that Trump's election led to record highs...
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didn't see the claim.....I was too busy laughing at the stupid liberals posting in this thread.....


oh you mean the claim that on the day after the election the market hit a new record?......didn't it?......
 
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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:rofl2:
 
PostmodernProphet said:
didn't see the claim.....I was too busy laughing at the stupid liberals posting in this thread.....

oh you mean the claim that on the day after the election the market hit a new record?......didn't it?......
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Yep - right on Obama's watch, too. Kind of undermines your whole "he destroyed the country" thing...no?
 
Thing1 said:
Trump doesn't have to create jobs. He'll just tweet that he did and followers like tsuke will line up tomorrow to vote for him again in 4 years.
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That is exactly what you libTards have done during the Obama Presidency. Buy a mirror hypocrites. :rofl2:
 
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 didn't seem to have any issues with it during the Obama Presidency; ObamaDunce spent more than all of his predecessors combined. Buy a mirror hypocrites.
 
Althea said:
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.
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:rofl2:
 
Thing1 said:
Yep - right on Obama's watch, too. Kind of undermines your whole "he destroyed the country" thing...no?
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not that I can see......so some wall street investors got rich.....wasn't that the very thing the Dims were campaigning against? Rich people getting richer?........the destroyed the country thing was about the ten trillion dollar deficit he hung us with, the failed foreign policy, the lies and corruption, the increased poverty, the violence in the streets......you know.....the stuff he never gave a fuck about......
 
cawacko said:
You just gave Paul Krugman and every Keynsian a heart attack. You a supporter of the gold standard?
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Althea, why no response here? We should never deficit spend? Does any other Keynesian supporting democrat believe that?
 
NOVA said:
DOW......................record Highs

NASDAQ.................record Highs
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during the Bush administration my investments had a 5% ROI until his last year when I lost all those gains to average a loss of -1%. During Obamas 8 years my ROI has been 7.2%. It will be interesting what happens over the next four years. Right now I'm buying stock but I'm putting 10% into a money fund in case we get a repeat of the Bush years.
 
Mott the Hoople said:
during the Bush administration my investments had a 5% ROI until his last year when I lost all those gains to average a loss of -1%. During Obamas 8 years my ROI has been 7.2%. It will be interesting what happens over the next four years. Right now I'm buying stock but I'm putting 10% into a money fund in case we get a repeat of the Bush years.
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the stock market is not a good way to measure things though.
 
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