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what can be said of the trump economy?
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Oct 19, 2018 16:31:27   #
permafrost Loc: Minnesota
 
4430 wrote:
Problem for the Demo's is Hillary is finally investigated implications will point to Obama as well !





4430.... WHO is investigating lady Hillary???? and when did that start??



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Oct 19, 2018 17:17:59   #
zillaorange
 
permafrost wrote:
4430.... WHO is investigating lady Hillary???? and when did that start??


ROFLMAO !!! You asking for proof !!! LOL !!!

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Oct 19, 2018 17:42:59   #
Seth
 
4430 wrote:
Problem for the Demo's is Hillary is finally investigated implications will point to Obama as well !


And well they should. Obama's entire corrupt, anti-America dog and pony presidency was more an act of sabotage to every facet of life here from Homeland Security and public safety to the economy to morality and culture to the rule of law.

That guy was a living, breathing Trojan Horse and just for the wilful damage he inflicted, former POTUS or not, he SHOULD be taken to task. No other president in the history of the United States has been anywhere near as much an enemy of the state as Obama.

He even made a bumbler like Jimmy Carter, whom I USED to think was the worst POTUS in my lifetime, shine like the sun.

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Oct 19, 2018 18:20:38   #
Bad Bob Loc: Virginia
 
Seth wrote:
And well they should. Obama's entire corrupt, anti-America dog and pony presidency was more an act of sabotage to every facet of life here from Homeland Security and public safety to the economy to morality and culture to the rule of law.

That guy was a living, breathing Trojan Horse and just for the wilful damage he inflicted, former POTUS or not, he SHOULD be taken to task. No other president in the history of the United States has been anywhere near as much an enemy of the state as Obama.

He even made a bumbler like Jimmy Carter, whom I USED to think was the worst POTUS in my lifetime, shine like the sun.
And well they should. Obama's entire corrupt, anti... (show quote)



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Oct 19, 2018 19:05:20   #
old marine Loc: America home of the brave
 
4430 wrote:
Problem for the Demo's is Hillary is finally investigated implications will point to Obama as well !


Amen and a major cover up by other people especially in the FBI.

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Oct 19, 2018 19:14:06   #
Bad Bob Loc: Virginia
 
old marine wrote:
Amen and a major cover up by other people especially in the FBI.



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Oct 19, 2018 19:23:44   #
permafrost Loc: Minnesota
 
zillaorange wrote:
ROFLMAO !!! You asking for proof !!! LOL !!!




OK,,, in other words the whole statement was a lie, meant as a joke..

And as usual, you have nothing real to add..



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Oct 19, 2018 20:10:48   #
son of witless
 
Bad Bob wrote:
Yes we still have Obamacare.


We just got back from a winery and I am drinking moonshine and you almost sound like a normal human being. Obamacare yea that's the ticket.

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Oct 19, 2018 20:37:37   #
old marine Loc: America home of the brave
 
son of witless wrote:
We just got back from a winery and I am drinking moonshine and you almost sound like a normal human being. Obamacare yea that's the ticket.


You should see some of the men when they make Grandpaws secret corn squeezing its 180 pure alcohol. They cut it with coke, Pepsi, and coffee for color and flavor. I haven't sampled any in over 50 years now so I wouldn't be able to give an opinion.

They like it even if it isn't aged over a day. Some misplaced a fifth and it must have aged a whole month before it was found. The men all bragged about how good it tasted. If it's so good why don't they let it age and get better?

Oh well as long as they are happy and not getting into trouble I guess it's all right.

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Oct 19, 2018 20:39:43   #
vernon
 
permafrost wrote:
Tons of jobs, stock market out of its mind making money, wages up near 2%, how could I have any issue with the currect economy..

Well it all feels wrong.. nothing changed in my neck of the woods.. Same as we were in 2010.. why do I lay awake and worry about my grand kids and others making a living?

Looking for workers, need people. trained people.. money invested in updating many of the small business which make up the arrowhead of Minnesota..

Iron mining back to booming. but much opposition to nearly approved copper/nickel mining done by foreign companies..

so lets ask some experts, who have studied this boring stuff for a life time..

John Brazier is one of those who find economics so interesting he makes a living teaching it..

part of an article by him which he did not link, so all I have is the part I post..

>>>>>

I’m just going to focus on one area: the economy. Remember, despite Republican defiance and int***sigence, Obama hauled the US economy out of a massive recession and did it more quickly than any other country in the world (even though one might question some of his actions).

Trump, in the space of around 6 months - because he knows nothing about economics - has done the following:

Given a huge tax break to the wealthy and the corporations. This is meant to revitalize the economy. Unfortunately, the corporates don’t use it for investment but for share buy-backs, which artificially raises their stock value and thus raises the execs’ bonuses. The wealthy simply invest in the stock market, which further artificially raises the whole stock market value. The small amount that does make it to real business investment will actually do little because (a) the USA is near full employment: you can’t find people to fill the jobs, which causes wage inflation - the economy is overheating, and (b) we’re late in the business cycle: a slowdown is coming.
With the tax break, he has also declared a trade war with the whole of the world. These together significantly limits the government’s income, leading to more borrowing. In addition, Trump now has to borrow more so that he can subsidize soya farmers (for example) to keep them on-side during the war. The trade war will also directly hit US businesses, reducing their sales and profits, so slowing the economy down.
Trump is trying to stop the Fed from raising interest rates - which they must to (a) contain inflation, and (b) have enough ammunition in the interest rate to cut rates when the coming global recession will hit (and it is coming).
All these things are unfunded. The tax bill alone will increase the national debt by 1 to 2 trillion in the next few years; it is impossible to predict the borrowings needed for the trade war.
So Trump has created a huge bubble, riding on a perfect storm of unneeded stimulus, whilst simultaneously doing everything he can to shut down income flows - to both business and the government. And he’s trying to undermine the one institution that has the responsibility for trying to navigate the mess.

The result will be, come the next recession, an enormous crash which has the potential to make 2008 look like the warm-up act. For some time afterwards the economy will be a basket case and, which is unusual, one single culprit can and will be pointed out: Trump (with backup from the Republican party, who have appeared to have gone insane and abandoned everything they stood for, especially fiscal probity). He will go down in history as a terrible warning as to how the USA can screw up big-time if it really puts its mind to it.

So watch for the next few years: it could happen tomorrow, it could be years away. But it’s coming.

Just a final little stat to underline the great Trump competence. Remember his great stump promise about saving the coal miners? Well, the coal industry is cutting capacity and closing mines faster now than when Trump came into office: precisely as predicted by those who remain sane. Trump is now trying to stop it by Exec Order: sadly, economics will win.
Tons of jobs, stock market out of its mind making ... (show quote)


Yes we need to go back to part time jobs with absolutely no benefits. But we could all get on aca and over pay for nothing but high priced docs. Of course we can all get on welfare and let the good government demoRATS take care of us.

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Oct 19, 2018 20:43:39   #
old marine Loc: America home of the brave
 
vernon wrote:
Yes we need to go back to part time jobs with absolutely no benefits. But we could all get on aca and over pay for nothing but high priced docs. Of course we can all get on welfare and let the good government demoRATS take care of us.


And tax the conservative people to death to pay for it. I have had enough of that.

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Oct 19, 2018 21:50:29   #
son of witless
 
old marine wrote:
You should see some of the men when they make Grandpaws secret corn squeezing its 180 pure alcohol. They cut it with coke, Pepsi, and coffee for color and flavor. I haven't sampled any in over 50 years now so I wouldn't be able to give an opinion.

They like it even if it isn't aged over a day. Some misplaced a fifth and it must have aged a whole month before it was found. The men all bragged about how good it tasted. If it's so good why don't they let it age and get better?

Oh well as long as they are happy and not getting into trouble I guess it's all right.
You should see some of the men when they make Gran... (show quote)


I don't know what proof, but it was good. Like drinking rubbing alcohol.

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Oct 19, 2018 21:57:10   #
Seth
 
In the French Quarter, the club called Tropical Isle has a house drink called the Hand Grenade, two of whose ingredients are melon liqueur and Everclear©, which is 190 proof grain alcohol.

It doesn't taste as strong as it is, but after you drink 2 or 3, getting off the bar stool becomes an experience all its own.

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Oct 20, 2018 06:13:12   #
old marine Loc: America home of the brave
 
son of witless wrote:
I don't know what proof, but it was good. Like drinking rubbing alcohol.


Alchohol from grain is drinkable but rubbing alcohol is not and will k**l you if you drink it.

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Oct 20, 2018 06:16:13   #
old marine Loc: America home of the brave
 
Seth wrote:
In the French Quarter, the club called Tropical Isle has a house drink called the Hand Grenade, two of whose ingredients are melon liqueur and Everclear©, which is 190 proof grain alcohol.

It doesn't taste as strong as it is, but after you drink 2 or 3, getting off the bar stool becomes an experience all its own.


I have never heard of anyone being able to drink 180 proof pure grain alcohol. But anything is possiable in today's world.

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