JoeWeber 2,690 #276 September 25 (edited) 26 minutes ago, brenthutch said: Trump inherited a good economy and made it better, a black swan event set us back, but by the time Biden took over, the economy was growing and folks were going back to work. (If you Google “last recession” the COVID downturn doesn’t register as a recession) Biden and the Ds took a quickly recovering economy and put it on meth, causing massive inflation and hurting millions of folks. An employee as loyal as you are is worth their weight in roubles. Edited September 25 by JoeWeber Quote Share this post Link to post Share on other sites
Phil1111 1,142 #277 September 25 28 minutes ago, JoeWeber said: An employee as loyal as you are is worth their weight in roubles. But what would Rupert Murdoch have to say? Quote Share this post Link to post Share on other sites
billvon 2,913 #278 September 25 2 hours ago, brenthutch said: Trump inherited a good economy and made it better Trump inherited a good economy and pushed it into recession; we saw deflation as people stopped being able to buy things. Biden inherited Trump's mess and passed several bills to fix it. Which they did. The economy has now recovered, inflation is down, unemployment is at record lows (lower than when Trump was in office) and the stock market is surging. Yeah, I know, Trump says everyone is about to starve to death because evil Kamala sold all our children to Russia and marxism blah blah. If you really believe what Trump says, you must be an easy mark at the local garage. "Oh yeah that last service guy totally trashed your, uh, Shockley drive. You need a new one. That will be $12,000 and it's all his fault; blame him if you're upset about it. I'm just a hardworking mechanic trying to get you back on the road without overcharging you like he would! Trust me." Quote Share this post Link to post Share on other sites
tkhayes 327 #279 September 25 3 hours ago, brenthutch said: Trump inherited a good economy and made it better, a black swan event set us back, but by the time Biden took over, the economy was growing and folks were going back to work. (If you Google “last recession” the COVID downturn doesn’t register as a recession) Biden and the Ds took a quickly recovering economy and put it on meth, causing massive inflation and hurting millions of folks. 'the black swan event' is a shitty excuse used constantly by the right wing to apologize for a dumpster fire response to a pandemic. The USA has worse outcomes than many leading countries, 1 million people died, store shelves were empty, the stock market crashed, the debt went through the roof (not just because of covid but reckless spending and tax cuts), the supply chain was fucking obliterated.... and trump said stupid things like 'who knew there could be a world-wide pandemic?' Inflation is now back to normal. gas prices at $277 in Florida, my net worth is double what it was four years ago, stocks and retirement portfolios are way up, unemployment is down, and if you cannot figure out how to make it in THIS economy, well that is your problem. - thank you Joe Biden Quote Share this post Link to post Share on other sites
brenthutch 432 #280 September 25 10 hours ago, billvon said: Trump inherited a good economy and pushed it into recession; What recession? I googled “last recession” and the Trump recession is curiously missing. The last recession was from December 2007 through June 2009. ‘You may have your own opinion but you don’t get to make up your own facts’ Quote Share this post Link to post Share on other sites
SkyDekker 1,409 #281 September 25 26 minutes ago, brenthutch said: What recession? I googled “last recession” and the Trump recession is curiously missing. The last recession was from December 2007 through June 2009. ‘You may have your own opinion but you don’t get to make up your own facts’ yet when you go the Wikipedia page showing US recessions....... Quote Share this post Link to post Share on other sites
billvon 2,913 #282 September 25 1 hour ago, SkyDekker said: yet when you go the Wikipedia page showing US recessions....... Stop with the facts! He Googled one thing and found what he wanted. END OF STORY! Quote Share this post Link to post Share on other sites
jakee 1,445 #283 September 25 2 hours ago, brenthutch said: What recession? I googled “last recession” and the Trump recession is curiously missing. Not from my Google it isn't. You can lie about the facts all you want but you're not likely to fool anyone who lives in reality. Quote Share this post Link to post Share on other sites
ryoder 1,590 #284 September 25 5 minutes ago, jakee said: Not from my Google it isn't. You can lie about the facts all you want but you're not likely to fool anyone who lives in reality. He has alternative facts! ;-) Quote Share this post Link to post Share on other sites
billvon 2,913 #285 September 25 15 minutes ago, jakee said: Not from my Google it isn't. You can lie about the facts all you want but you're not likely to fool anyone who lives in reality. Indeed. The first hit when I Google "last recession" is below. In his defense, if the only thing you ever search for on Google is "bad stuff about Harris" then the algorithm will, over time, give you only results that are bad for Harris. Quote Share this post Link to post Share on other sites
brenthutch 432 #286 September 25 5 minutes ago, billvon said: Indeed. The first hit when I Google "last recession" is below. In his defense, if the only thing you ever search for on Google is "bad stuff about Harris" then the algorithm will, over time, give you only results that are bad for Harris. USA Today? How about NBER? Quote Share this post Link to post Share on other sites
billvon 2,913 #287 September 25 1 minute ago, brenthutch said: USA Today? Oh OK so you lied about it not being in your Google results; you just ignored the ones you didn't like. Quote Share this post Link to post Share on other sites
jakee 1,445 #288 September 25 31 minutes ago, brenthutch said: How about NBER? Yeah, how about the NBER saying it was a recession? That's not a rhetorical question, BTW, I would actually like to hear your answer. The NBER's definition emphasizes that a recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months. In our interpretation of this definition, we treat the three criteria—depth, diffusion, and duration—as somewhat interchangeable. That is, while each criterion needs to be met individually to some degree, extreme conditions revealed by one criterion may partially offset weaker indications from another. For example, in the case of the February 2020 peak in economic activity, the committee concluded that the subsequent drop in activity had been so great and so widely diffused throughout the economy that, even if it proved to be quite brief, the downturn should be classified as a recession. https://www.nber.org/research/business-cycle-dating 2 Quote Share this post Link to post Share on other sites
brenthutch 432 #289 September 25 40 minutes ago, jakee said: Yeah, how about the NBER saying it was a recession? That's not a rhetorical question, BTW, I would actually like to hear your answer. The NBER's definition emphasizes that a recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months. In our interpretation of this definition, we treat the three criteria—depth, diffusion, and duration—as somewhat interchangeable. That is, while each criterion needs to be met individually to some degree, extreme conditions revealed by one criterion may partially offset weaker indications from another. For example, in the case of the February 2020 peak in economic activity, the committee concluded that the subsequent drop in activity had been so great and so widely diffused throughout the economy that, even if it proved to be quite brief, the downturn should be classified as a recession. https://www.nber.org/research/business-cycle-dating Thanks for that proof that the economy was not in recession at the end Trump’s term. I’m waiting for BillV to admit he was wrong Quote Share this post Link to post Share on other sites
billvon 2,913 #290 September 25 12 minutes ago, brenthutch said: Thanks for that proof that the economy was not in recession at the end Trump’s term. I’m waiting for BillV to admit he was wrong I never said it was at the end of Trump's term. I said Trump pushed the country into a recession. You really do have to learn to read before responding. Quote Share this post Link to post Share on other sites
jakee 1,445 #291 September 25 34 minutes ago, brenthutch said: Thanks for that proof that the economy was not in recession at the end Trump’s term. I’m waiting for BillV to admit he was wrong BillV didn't say that, you're lying. Just like you lied about Google saying there was no Trump recession, just like you lied about NBER saying there was no Trump recession, just like you lied about not being able to make up your own facts. Quote Share this post Link to post Share on other sites
brenthutch 432 #292 September 25 (edited) 1 hour ago, billvon said: I never said it was at the end of Trump's term. I said Trump pushed the country into a recession. You really do have to learn to read before responding. Then he pulled the country out of recession. If anyone were to blame for the recession it was largely Democrat governors who shut down their states. Close California, New York, Illinois, Michigan and California, it guarantees a recession. Edited September 25 by brenthutch Quote Share this post Link to post Share on other sites
JoeWeber 2,690 #293 September 25 7 minutes ago, brenthutch said: Then he pulled the country out of recession. If anyone were to blame for the recession it was largely Democrat governors who shut down their states. Damn Democrats and their shutdowns: Alabama (April 4-30) Arizona (March 31 - May 15) Florida (April 2 - May 4) Georgia (April 3-30) Idaho (March 25 - April 30) Indiana (March 24 - May 1) Mississippi (April 3-27) Missouri (April 6 - May 3) Ohio (March 23 - May 19) Oklahoma (April 1- May 6) South Carolina (April 7 - May 4) Tennessee (March 31 - April 30) Texas (April 2-30) West Virginia (March 24 - May 4) Quote Share this post Link to post Share on other sites
jakee 1,445 #294 September 25 (edited) 17 minutes ago, brenthutch said: Then he pulled the country out of recession. If anyone were to blame for the recession it was largely Democrat governors who shut down their states. How did he pull the country out of recession? Isn't it Democrat governors re-opening their states who get the credit? Quote Close California, New York, Illinois, Michigan and California, it guarantees a recession. 5 (ahem) Democrat states are so important important they control the economy of the entire country? Well that's one way to prove that Republicans are better with money, I suppose. Also nice to know you're not being serious when you talk about people fleeing the California economy, obviously you think it's really twice as good as anyone else's. Edited September 25 by jakee Quote Share this post Link to post Share on other sites
tkhayes 327 #295 September 25 (edited) 1 hour ago, brenthutch said: Thanks for that proof that the economy was not in recession at the end Trump’s term. I’m waiting for BillV to admit he was wrong you seem to be hung up on the word 'recession', when the economy actually fucking collapsed under Trump, trillions were lost, unemployment went to double digits, store shelves were empty and the stock market crashed. So continue to banter about whether or not it was a recession or not, but is was an economic catastrophe that happened WHILE DONALD TRUMP WAS IN OFFICE, during his administration and absolutely 100% his responsibility to deal with. Edited September 25 by tkhayes Quote Share this post Link to post Share on other sites
billvon 2,913 #296 September 25 20 minutes ago, brenthutch said: Then he pulled the country out of recession. Biden did indeed pull the country out of Trump's recession. Quote it was largely Democrat governors who shut down their states. Only one state did not have any shutdowns. The other 49 - democrat and republican alike - had shutdowns. Those pesky facts again! 1 Quote Share this post Link to post Share on other sites
brenthutch 432 #297 September 25 13 minutes ago, JoeWeber said: Damn Democrats and their shutdowns: Alabama (April 4-30) Arizona (March 31 - May 15) Florida (April 2 - May 4) Georgia (April 3-30) Idaho (March 25 - April 30) Indiana (March 24 - May 1) Mississippi (April 3-27) Missouri (April 6 - May 3) Ohio (March 23 - May 19) Oklahoma (April 1- May 6) South Carolina (April 7 - May 4) Tennessee (March 31 - April 30) Texas (April 2-30) West Virginia (March 24 - May 4) Weeks vs months, and one needs to account for GDP. Shut down Idaho for a year and it won’t make a blip Shut down California, different story Quote Share this post Link to post Share on other sites
brenthutch 432 #298 September 25 5 minutes ago, tkhayes said: you seem to be hung up on the word 'recession', when the economy actually fucking collapsed under Trump, trillions were lost, unemployment went to double digits, store shelves were empty and the stock market crashed. So continue to banter about whether or not it was a recession or not, but is was an economic catastrophe that happened WHILE DONALD TRUMP WAS IN OFFICE, during his administration and absolutely 100% his responsibility to deal with. Like Biden’s inflation? Quote Share this post Link to post Share on other sites
wmw999 2,383 #299 September 25 11 minutes ago, brenthutch said: Like Biden’s inflation? Well, Biden pulled us out of the Covid-supply-chain induced inflation. So I guess he gets credit for that, right? Wendy P. Quote Share this post Link to post Share on other sites
jakee 1,445 #300 September 25 17 minutes ago, brenthutch said: Like Biden’s inflation? Why is it that you think Presidents are money wizards? Quote Share this post Link to post Share on other sites