Jobs Are Booming in Trump Country

SAVAGE TAKEDOWN
Time and time again, I say that the Right knows that their side will never bother to click links in order to check facts. They rely on headlines, or someone else's summary of any given article. It's evident in this thread, and virtually every other inane thread started by the trump Klan. They make it entirely to easy to debunk their wild claims found in the thread titles.
 
Time and time again, I say that the Right knows that their side will never bother to click links in order to check facts. They rely on headlines, or someone else's summary of any given article. It's evident in this thread, and virtually every other inane thread started by the trump Klan. They make it entirely to easy to debunk their wild claims found in the thread titles.

Or they commit unforced errors like this:

I'm no economics expert. In fact I'm pretty dumb on the topic.
 
Oh, I don't know, I mean the guy is implying that his voters are stupid, how else can you interpret him saying he could shoot someone on 5th Avenue in broad daylight and not lose their votes

I find this rather ironic; you're a stupid voter and think stupid doesn't apply to you. I would add dishonest because you are one of the most dishonest, low IQ liberal dullards on the forum.
 
I find this rather ironic; you're a stupid voter and think stupid doesn't apply to you. I would add dishonest because you are one of the most dishonest, low IQ liberal dullards on the forum.

Nobody I ever voted for or even thought of voting for ever implied I was stupid for voting for them, appears you can't say the same
 
I'm being serious when I ask, you are not very bright are you?

No, you're not being serious. You're quite aware that I'm bright -- or at least bright enough that I easily trounce you each time we argue. It really eats at you. And that's what makes you so funny. You offer very little in the way of substantive debate, but your emotional meltdowns are hilarious.

Obama operated almost entirely on ZERO interest rates

Obama INHERITED interests rates that were at or near zero, and then they rose by the end of his presidency. Thus, he wasn't one of those presidents that got the external boost of having interest rates fall on his watch. Quite the opposite.

That's playing with fake money.

No, it's real money. It's just that, over time, the money became scarcer on his watch, acting as a drag on the economy, whereas over time money became more easily available on the watch of Reagan or Bush, acting as a boost for the economy. This is Economics 101 material. Try to catch up.

But it can't maintain in an economy as complex as ours. Someone like Trump needed to step in and get us on some kind of sustainable footing.

Trump, as you know, has put us on a less sustainable footing, by greatly expanding the budget deficit. Facts matter.
 
No, you're not being serious. You're quite aware that I'm bright -- or at least bright enough that I easily trounce you each time we argue. It really eats at you. And that's what makes you so funny. You offer very little in the way of substantive debate, but your emotional meltdowns are hilarious.



Obama INHERITED interests rates that were at or near zero, and then they rose by the end of his presidency. Thus, he wasn't one of those presidents that got the external boost of having interest rates fall on his watch. Quite the opposite.



No, it's real money. It's just that, over time, the money became scarcer on his watch, acting as a drag on the economy, whereas over time money became more easily available on the watch of Reagan or Bush, acting as a boost for the economy. This is Economics 101 material. Try to catch up.



Trump, as you know, has put us on a less sustainable footing, by greatly expanding the budget deficit. Facts matter.
Total BULLSHIT. Obama PRINTED HIS WAY through....with the most QUANTATIVE EASING in US history..by far.


All he did was make the MARKETS , BANKS and INSURANCE CONGLOMORATES RICHER...with OUR MONEY.
 
No, you're not being serious. You're quite aware that I'm bright -- or at least bright enough that I easily trounce you each time we argue. It really eats at you. And that's what makes you so funny. You offer very little in the way of substantive debate, but your emotional meltdowns are hilarious.



Obama INHERITED interests rates that were at or near zero, and then they rose by the end of his presidency. Thus, he wasn't one of those presidents that got the external boost of having interest rates fall on his watch. Quite the opposite.



No, it's real money. It's just that, over time, the money became scarcer on his watch, acting as a drag on the economy, whereas over time money became more easily available on the watch of Reagan or Bush, acting as a boost for the economy. This is Economics 101 material. Try to catch up.



Trump, as you know, has put us on a less sustainable footing, by greatly expanding the budget deficit. Facts matter.

Interest rates went close to zero right as Obama took office. There were three rounds of QE while he was in office and rates were raised maybe twice by 25 bps at the end of his term and you are trying to claim somehow he was a victim in this scenario?
 
Three rounds of QE is not considering the Fed super charging the economy?

No, obviously it isn't. It's considered the Fed having so few tools left on the shelf to deal with the crisis Bush left that they were forced to work with untested and unorthodox means to do things that would have been easily done simply by lowering interest rates in another era. It's a bit like a starving man who has eaten all the food in the pantry, and so he boils up his shoes and belt and eats those. Sure, a complete imbecile could look at that and say those three rounds of leather-eating super-charged his diet, but the fact he would even have considered something that extreme underscores the difficulty of the situation he was trying to overcome and the absence of more usual options for doing so.

nd the fact that Obama had interest rates at zero for most of his term and they were still under 1% when he left office means there was an external drag on the economy caused by the Fed?

The fact Obama had interest rates rise during his term is regarded, as rising interest rates ALWAYS HAVE BEEN, as a drag on the economy caused by the Fed. This was never a controversial perspective before, but right-wingers are willing to throw away even the most long-established and uncontroversial principles, if that's what's needed to push their partisan bullshit. They are utterly shameless liars (or spinners, if you prefer).
 
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