Economists Say Inflation Would Be Worse Under Trump Than Biden

Discussion in 'Politics' started by Nighthawk, Jul 15, 2024.

  1. ktm

    ktm

    You mean the Trump interview where there's no actual interview - just Bloomberg reporters saying "Trump said this" and "Trump said that"? Smart of them to use that tactic. Most people won't look past the fabricated headlines.
     
    #31     Jul 17, 2024
  2. smallfil

    smallfil

    There was a You Tube video a while ago that I watched wherein the question of whether the Taiwanese people who loved their freedoms would 1) go to war or 2) reunify with China. Most picked reunification. They did not want war. I think there is a greater chance of reunification. And the US defending Taiwan? There are atleast, a couple of videos of US military brass saying that war with China will be very bloody and the US winning is not guaranteed. In addition, one top US military official (do not remember his title) said the US would lose 900 pilots in a war with China. A lot of hacks on TV make it seem the US will just walk over China in the event of war. Americans should be afraid of such wild claims. China has a lot of anti-ship missiles. Russia might also, help the China in the same way the US is supplying lots of weapons and cash to Ukraine. The experience of Russia in dealing with US weapons puts the US at a grave disadvantage too. Russia can tell the Chinese how to deal with US weapons and its inherent weaknesses. Valuable information that the Russians can easily give the Chinese.
     
    #32     Jul 17, 2024
  3. mervyn

    mervyn

    lot of magas have selective memory. the best trade i did was load up 20 aapl long calls after it missed the earnings big time due to trade war with china. he printed 7.8 trillion new debts, more than any president in history.

    if he does that again with china, say goodbye nearly all 500 names.
     
    #33     Jul 17, 2024
  4. Bugsy

    Bugsy

    T
    Any person with eyes only need look at the chart for those 3 years and do the math. Giving Obama credit for Trump's market is just laughably bad. Even the most hardcore liberals stopped trying that.

    upload_2024-7-17_7-39-21.png

    The only reason Obama's market did anything is because he came in at the tail end of the 2008 subprime mortgage recession. Maret had nowhere to go but up. Even as he was leaving the market was stale. The moment Trump came in and began deregulation of all the hoops of government agencies, as well as lowering the corporate tax rate, the markets catapulted. Biden gets in there and the market just goes sideways for 3 years.

    Please, list for us the amazing business achievements Obama did that made the markets keep going for 2 years into his predecessors reign.

    Also, you seem to be the only one who thinks Russian sanctions have achieved anything. Even your own liberal media has eyes.

    https://www.nytimes.com/2024/02/16/briefing/russian-sanctions.html

    https://apnews.com/article/russia-u...easury-state-827008882162cc95a9dba4e4f93411d3

    https://www.bbc.com/news/world-europe-60125659

    https://www.gisreportsonline.com/r/disillusionment-russia-sanctions/

    https://abcnews.go.com/Politics/western-sanctions-russia-working-analysis/story?id=107485036
     
    Last edited: Jul 17, 2024
    #34     Jul 17, 2024
    engineering likes this.
  5. SunTrader

    SunTrader

    Umm no.

    A little taste of Trumpy logic at "work" during the interview:-

    BB: Do you think they should hold off, sir? Do you think they should hold off on lowering interest rates until after the election?

    DJT: Unless they cut other costs commensurate with interest, interest is a very big cost. So it’s hard. But yeah, there is: I have a plan to make up for that with energy cutting. Energy. We can cut energy way down. You know, I always say we have more liquid gold under our feet, which is true. We have more liquid gold than anybody. If we could get energy—energy is such a big cost and interest is such a big cost. But you know, the interest is sort of self-defeating because we have to pay bonds. The bonds are just, it’s eating us alive, the interest payments. I used to say when we had 1% bonds or things and less, I used to say: “Can you imagine if we were paying” and you know, at 1%, it sort of works.
     
    #35     Jul 17, 2024
  6. SunTrader

    SunTrader

    Got me, Pres Obama doesn't have the amazing business achievements that OrangeMan has, 4 Casino (License to Print Money) bankruptcies, late night TV hawking steaks, tie-clips and other nonsense paraphernalia, failed phony Real Estate School scam and on and on.
     
    #36     Jul 17, 2024
    piezoe likes this.
  7. Bugsy

    Bugsy

    You failed to answer the question. What policies did Obama implement that did anything to drive up the markets, especially since you had the gall to try to give him credit for the first two years of Trump's market. I guess according to that same logic Bush is responsible for 2009-2011 immediately following the recession. Or is it (D)ifferent since it's Obama?
     
    #37     Jul 17, 2024
  8. lindq

    lindq

    What the hell did he say? I don't know. And the scary thing is, he doesn't either.

    The man is a world-class chef of word salads.
     
    #38     Jul 17, 2024
    piezoe and Frederick Foresight like this.
  9. mervyn

    mervyn

    oil is up 2% today.
     
    #39     Jul 17, 2024
  10. SunTrader

    SunTrader

    Some claim his "genius" is keeping people guessing.

    What they ignore is that he doesn't even know.

    Woody Allen in 1971 is kinda close to ByDonChaos we are stuck in.

    https://en.wikipedia.org/wiki/Bananas_(film)
     
    #40     Jul 17, 2024