***Official Political Discussion Thread***

[ninjahood]

except economically we're on isshty ground...home ownership da lowest in 50 years...GDP choked, real unemployment numbers is above 10% when u count da chronically out of work folks...etc.

 

[whywesteppin]

and yet only 60-70% of people think we're on the wrong track. not like 90% in 2008.

 

[ninjahood]

its above 70%

 

[RustyShackleford]

except economically we're on isshty ground...home ownership da lowest in 50 years...GDP choked, real unemployment numbers is above 10% when u count da chronically out of work folks...etc.

-The ownership rate was trending downward before this president. LINK Look at how it move under your mans Reagan too. Hmm

-U-6 is under 10%, and has been trending downward since the great recession. LINK

-We already cover the GDP debate over and over. I'm not gonna repeat myself, because on this topic you build your biggest strawman.

Stop cherry picking economic indicators to fit your rehtoric, they can be easily looked up.

And the "we on the wrong path" does not equal wanting to try Trump's policies, nor is it an indictment against Obama. It is a vague survey question that tell us little.

 

[whywesteppin]

its above 70%

link? link i posted has 9 of past 10 polls below 70%. one is at 70%. they must've missed the poll you saw.

clownery

or are you referencing older polls and ignoring all the new ones?

this act is getting old. you're wrong every damn time.

 

[RustyShackleford]

its above 70%

It could mean people are upset at Congress blocking Obama

Or Sanders social democracy wasn't embraced

Or people are scared of ISIS and another terrorist attack

Or you work on Wall Street and fear the upcoming rate hikes

Or they are scared Trump might be president

A ton of stuff can be driving that result. My good, go to your local community college and take some statistics classes. Geez

Besides booms in the economy, (and the wave of patriotism that swept over the country after 9/11) people generally view the country as being on the wrong track. This metric is not a signal, it is noise.

 

[Brownstone]

Rusty stop posting da links wit da liberal bias, those facts have been skewed by da Clinton political machine

 

[Nawzlew]

its above 70%

Do you think Obama and Clinton founded ISIS?

 

[ninjahood]

Rusty stop posting da links wit da liberal bias, those facts have been skewed by da Clinton political machine

all well and good.....IF da economy wasn't considered being straight garbage

http://www.gallup.com/poll/151136/economic-outlook-weekly.aspx

70+% for a reason indeed...

 

[RustyShackleford]

Rusty stop posting da links wit da liberal bias, those facts have been skewed by da Clinton political machine

all well and good.....IF da economy wasn't considered being straight garbage

http://www.gallup.com/poll/151136/economic-outlook-weekly.aspx

70+% for a reason indeed...

You can't tell the reason without people explicitly being asked their reason. My god, you really need a statistics class.

 

[rillo561]

Speaking about the economy

Republicans have themselves to blame for the slow economy, study says

https://www.theguardian.com/busines...-recession-republicans-hillary-clinton-policy

The US’s slow recovery from the 2008 recession is due to Republican policies on the local, state and federal level, according to a new study published by the left-leaning Economic Policy Institute (EPI).

The new report comes as the slow pace of recovery has emerged as a key battleground between Republican candidate Donald Trump and his Democratic rival Hillary Clinton, who will set out her economic policy on Thursday.

The EPI report blames the lackluster pace of recovery on Republican-led budget cuts in 2011 following the row over the US debt ceiling, the unwillingness of local officials to spend money when Republicans in Congress were advocating cuts in spending, and the refusal to expand Medicaid in 19 states.

The report comes as the Republican party once again calls for the reining in of government spending and reductions in the deficit.

“Given the degree of damage inflicted by the Great Recession and the restricted ability of monetary policy to aid recovery, historically expansionary fiscal policy was required to return the US economy to full health,” writes Josh Bivens, research and policy director at EPI.

“But this government spending not only failed to rise fast enough to spur a rapid recovery, it outright contracted, and this policy choice fully explains why the economy is only partially recovered from the Great Recession a full seven years after its official end.”

This economic recovery has been the slowest over the past four business cycles. For example, the employment recovery from the trough of the Great Recession to its pre-recession peak took 51 months. Following the recession in the 1980s, employment recovery took 11 months. In the early 1990s it took 23 months, and in the early 2000s it took 39 months.

The US government would have had to spend an additional $1tn in 2015 alone to match the spending that followed the 1980s recession, Bivens said. While such spending might run up the US deficit – something Republicans in Congress are opposed to – it would also have led to “several years of full employment” and the Federal Reserve increasing interest rates.

There are few ways the government can help speed up economic recovery after a recession. One way is to cut interest rates to help increase borrowing, which should lead to increased spending. Similarly, to increase spending by consumers, the US government would typically cut taxes, essentially putting more money in people’s pockets.

The ability of the US government has been slightly limited this time around – especially when it comes to cutting the federal interest rates, which have been historically low.

Interest rates
At the time of the 1980s recession the federal fund interest rate was at 9.3%, whereas in the first quarter of 2009 it was 0.18%.

“This means that there was much more room to move down the federal funds rates following the 1982 trough compared to the 2009 trough,” Bivens wrote.

Low interest rates combined with the potential of another recession are a concern for the US Federal Reserve. Fed chair Janet Yellen had previously said that the central bank has few tools to deal with another recession if it were to occur. Bivens argues that the federal government should have increased aid to state and local governments following the recession and that the Obama administration should have been more outspoken about its opposition to the fiscal austerity pushed by Republicans.

The Obama administration “could have made a louder and more consistent case that the slow recovery had concrete, identifiable roots in decisions made by the Congress,” Bivens wrote. “Had the Obama administration made such a powerful case for why austerity was hampering growth, it could have educated the public and potentially helped build support for more sensible policy the next time the United States faces a recession.” The EPI report was published hours before Clinton was scheduled to deliver her speech on the economy in Warren, Michigan. Warren is just slightly north of Detroit, where Trump delivered his economy speech earlier this week.

In his speech, Trump said that the Obama-Clinton agenda had led to the loss of jobs and put undue restrictions on US businesses, making it difficult for them to compete in the global economy.

 

[Master Zik]

I don't even think ninja reads the longer posts thoroughly explaining things. Just skips it and goes back to a talking point or deflection about Trillary by asking a loaded question.

 

[whywesteppin]

he doesn't even read past the title of the articles he posts himself.

 

[rico x hood]

http://money.cnn.com/2016/08/11/new...clinton-trade1020PMVODtopLink&linkId=27576421


Huh Shillary parroting Trump now. Yet another example of her being willing to say anything. Shameful.

 

[teamjordan79]

I'm with her Jill Stein

 

[frink85]

Ratings challenged @CNN reports so seriously that I call President Obama (and Clinton) "the founder" of ISIS, & MVP. THEY DON'T GET SARCASM?
— Donald J. Trump (@realDonaldTrump) August 12, 2016

this guy is a complete joke. an utter joke. get him all the way off my TV. if he hates the media so much, stop giving him coverage. please.

also he doesn't understand what sarcasm is.

 

[rillo561]

Now it's sarcasm?

After he double down on the statement

 

[dathbgboy]

I imagine Trump like this

 

[whywesteppin]

Trump is a complete joke. It's been fun making fun of him, but when do we start just completely ignoring him?

 

[Kimchi Papi]

The funny thing is he was given several chances to "clarify" comments but he repeated them as he intended in interviews & speeches.

This guy is truly a horse's *ss.

 

[superblytrife]

http://money.cnn.com/2016/08/11/new...clinton-trade1020PMVODtopLink&linkId=27576421


Huh Shillary parroting Trump now. Yet another example of her being willing to say anything. Shameful.

Targeted tariffs vs. Trump's tariffs on all goods.  There's a difference.  

Did you read the article you posted?

Is the idea of tariffs a Trump thing, or have presidents imposed tariffs since forever?  Has Hillary said she is opposed to tariffs in any form on the campaign trail?  No?  So how is she parroting Trump?

You gotta try harder man.

  

 

[ninjahood]

Now it's sarcasm?

After he double down on the statement

wait, you tellin us we're to take it seriously da first time ?

and at none of ya even bothering posting Clinton's economic drivel.

 

[ninjahood]

Targeted tariffs vs. Trump's tariffs on all goods.  There's a difference.  

Did you read the article you posted?

Is the idea of tariffs a Trump thing, or have presidents imposed tariffs since forever?  Has Hillary said she is opposed to tariffs in any form on the campaign trail?  No?  So how is she parroting Trump?

You gotta try harder man.   

umm Clinton was da key advocate & architect of da TPP...now she talking like diet Trump..

 

[rico x hood]

^^^bingo. Cats just like to ignore the obvious. She's the Drake of a politics, just hopping on every wave to relevant. She did it with Bernie (his supporters still don't **** with her) now she's doing with Trump (who's supporterse damn sure won't **** with her) The woman is an empty pantsuit. Plus the article is coming from the Clinton News Network who explicitly linked the similarities in her new talking point with Trump. The **** is real.

Trump has been bringing up issues since he first jumped into the election and his opponents have all been forced to pivot and address some of the issues that he's brought to the forefront. Son really had Obama out here having to tell people he isn't a founder of ISIS. Even though his crappy foreign policy led to their rise. It's like when Christine O'Donnell had to come out and tell voters she wasn't a witch.

 

[rillo561]

wait, you tellin us we're to take it seriously da first time ?

I'm sure you did.