DOW 23000.....................O Say Can We Trump

Thing1 said:
All I hear is how terrible Obama was for the economy. He inherited an economy that was spiraling downward. The market tripled on his watch, and we got back to within 1% of full employment. And we had a record # of quarters w/ growth.

So, stop w/ all of the myths. Your guy crashed the economy; Obama brought it back. That's just historical fact.
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tripled on his watch?
do you just make stuff up in your head? ever thought of writing childrens books?

more people on food stamps than EVER under Obama, real unemployment, accounting for underemployment worse under Obama than what he took over.

Look, you can either study the actual state of the union, or not.
But your babble is just that to anyone who actually pays attention.

Your entire schtick is CNN sound bites, I highly doubt you have ever read anything on 99% of the subjects you whine about, you're like a 12 year old
 
Getin the ring said:
tripled on his watch?
do you just make stuff up in your head? ever thought of writing childrens books?

more people on food stamps than EVER under Obama, real unemployment, accounting for underemployment worse under Obama than what he took over.

Look, you can either study the actual state of the union, or not.
But your babble is just that to anyone who actually pays attention.

Your entire schtick is CNN sound bites, I highly doubt you have ever read anything on 99% of the subjects you whine about, you're like a 12 year old
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Um, yeah - the market tripled on his watch. That's fact, Getin.
 
Thing1 said:
Of course - because food stamps is a lagging indicator.

I'm not here to give Bushies lessons on the economy. Tripling the market and getting back to close to full employment most definitely IS bringing the economy back.
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Always the excuse from the n-lover.
 
Right said:
The Keystone pipeline- The Obama kept it jammed up for years and Trump approved it back in March.
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An excellent choice. Can you tell us exactly how many jobs this pipeline will produce? Permanent jobs, that is, not the temporary construction ones. BTW, Trump approved it in January shortly after being cussed in.
 
ThatOwlWoman said:
An excellent choice. Can you tell us exactly how many jobs this pipeline will produce? Permanent jobs, that is, not the temporary construction ones. BTW, Trump approved it in January shortly after being cussed in.
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I don't know about jobs one way of the other..but oil trains that crash bringing Canadian crude down for refinement are horrific


string of US oil train crashes
http://www.oregonlive.com/pacific-n...f/2016/06/oregon_oil_train_derailment_is.html
A train carrying 3 million gallons of North Dakota crude derailed during a snowstorm Feb. 16, 2015, sparking a massive fireball near Mount Carbon, West Virginia. Firefighters had little choice but to let the tanks burn themselves out, which took nearly a week. (The Associated Press)
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Corazón said:
I tried to point that out the other day, but most are not sophisticated or economically aware enough to appreciate that. However, Cawacko is probably right in saying that there is a bubble forming and it may well burst before too long.
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The saying we hear (from some) is this rally continues until the Fed takes away the punch bowl I.e. record low interest rates.

Rates can't/won't stay like this forever and the Fed is unwinding its balance sheet. That's when we will hear the prick of the bubble bursting
 
cawacko said:
The saying we hear (from some) is this rally continues until the Fed takes away the punch bowl I.e. record low interest rates.

Rates can't/won't stay like this forever and the Fed is unwinding its balance sheet. That's when we will hear the prick of the bubble bursting
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I would hope that the bubble deflates rather than bursts.

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Corazón said:
I tried to point that out the other day, but most are not sophisticated or economically aware enough to appreciate that. However, Cawacko is probably right in saying that there is a bubble forming and it may well burst before too long.
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But hey, Jarod is very happy with the Fed. Lol
 
ThatOwlWoman said:
An excellent choice. Can you tell us exactly how many jobs this pipeline will produce? Permanent jobs, that is, not the temporary construction ones. BTW, Trump approved it in January shortly after being cussed in.
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Don't know but it will save quite a few potential train crashes causing oil spills.

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cawacko said:
what's going to happen when the Fed raises rates?
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what about YUGE gains in the meantime?

I'm far from an expert but I think we are way past low rates creating the boom .
Business is experiencing de-regulation,and anticipating tax reform
 
Corazón said:
I just said the same before seeing this post. I cannot understand why people get so worked up about pipelines when trains are far more hazardous.

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Pipe lines are the darlings of the left.
who wants a pipelne? no body, but they are everywhere ( gas and oil)

And truthfully when they leak the damage can be bad-but if we are going to transport
then trains are clearly not the best way to go
 
noise said:
what about YUGE gains in the meantime?

I'm far from an expert but I think we are way past low rates creating the boom .
Business is experiencing de-regulation,and anticipating tax reform
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Can expectations of future regulatory action by Congress and Trump spur the stock market? Sure. And it's playing a role.

But it was a bubble before Trump took office and it's still a Fed driven bubble today.
 
Corazón said:
I just said the same before seeing this post. I cannot understand why people get so worked up about pipelines when trains are far more hazardous.

Sent from my Lenovo K8 Note using Tapatalk
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I'm not sure who's worked up, but an oil spill over/into the aquifer that supplies irrigation for the Midwest's farms would be a disaster. The horrific crude oil train crashes are terrible but affect only a small area. My point, above, was to point out that restoring permits for these pipeline construction projects are not doing anything to provide much in the way of permanent jobs as the person I responded to tried to claim is one of Trump's accomplishments. </awkward sentence>
 
ThatOwlWoman said:
An excellent choice. Can you tell us exactly how many jobs this pipeline will produce? Permanent jobs, that is, not the temporary construction ones. BTW, Trump approved it in January shortly after being cussed in.
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What difference does it make exactly how many permanent jobs it will produce? Are you arguing that it won't increase economic activity?
 
I am happy that Rump has done nothing to derail the trajectory established when Obama was president.
 
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