Memba when Paul Krugman predicted a global recession after Trump Won?

fact

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How you gonna ROFL with a hollow back?
I would normally let Trumpset have a thread for themselves, considering they are always bytching about safe spaces and shyt, but I can resist, I came in here to invite you to suck my dikk from the back.
Oh yeah, and your mother is a whore, and your brothers oxy dealer holds the money.
Peace
 

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Believe in economists brehs

Trump promises 4% growth. Economists say no way.


Trump promises 4% growth. Economists say no way.

By Patrick Gillespie October 11, 2016: 1:52 PM ET


Donald Trump has a big promise for the U.S. economy: 4% growth.

No chance, say 11 economists surveyed by CNNMoney. And a paper published Tuesday by the Federal Reserve Bank of San Francisco backs them up.
 

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The only Trump economic policy that has had a positive effect was the tax cut...

If we're being honest, just Trump getting elected had a positive effect. Dow jumped 2000 points in less than 6 months off the strength of the election and nothing else.

In other words, businesses chose to stop being miserly and participate in the economy. The tax cuts and dismantling of the ACA has accelerated this behavior.

So,
  1. This economic growth was already happening during Obama's term.
  2. If businesses weren't being stingy, the economy could have saw even more growth during Obama's term
  3. We'll see how the economy is Q4 2018 and Q1 2019. Between the tariffs and tax cuts. Republicans can't ignore the deficit forever, like they did with Bush Jr.
 

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If we're being honest, just Trump getting elected had a positive effect. Dow jumped 2000 points in less than 6 months off the strength of the election and nothing else.

In other words, businesses chose to stop being miserly and participate in the economy. The tax cuts and dismantling of the ACA has accelerated this behavior.

So,
  1. This economic growth was already happening during Obama's term.
  2. If businesses weren't being stingy, the economy could have saw even more growth during Obama's term
  3. We'll see how the economy is Q4 2018 and Q1 2019. Between the tariffs and tax cuts. Republicans can't ignore the deficit forever, like they did with Bush Jr.
In other words, the racist white business owners purposely sabotaged Obama’s presidency.
 

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In other words, the racist white business owners purposely sabotaged Obama’s presidency.

I'd say that irrationally tax-averse, profit-hungry businesses sabotaged Obama's presidency. But I'm sure racism made it easier for them to do it, (what they consider to be) collateral damage be damned.
 

fact

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LOL at anyone thinking this is sustainable. All Trump did was remove a bunch of regulations that were put in place to make the American economy and businesses in the United States actually safer, more sustainable, and try to prevent the peaks and valleys. What we are seeing now is complete chaos, and until we get an adult in the room, what we are going to see is, like you see all these lottery winners, and what happens to 70% of them, that’s what trump is gonna do here. What has his done with his own money? What is he gonna do with ours?
 

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this is so clearly a bubble. you take this economy seriously ? hes done nothing but deregulate and give tax cuts to corps and the wealthy. that never works and always leads to a crash and you dont need to be some economic genius to know it,. its basic shyt. trickle down dont work.
 

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Believe in economists brehs

Trump promises 4% growth. Economists say no way.


Trump promises 4% growth. Economists say no way.

By Patrick Gillespie October 11, 2016: 1:52 PM ET


Donald Trump has a big promise for the U.S. economy: 4% growth.

No chance, say 11 economists surveyed by CNNMoney. And a paper published Tuesday by the Federal Reserve Bank of San Francisco backs them up.

If you read the thread, you'd already know that Obama already got 4% growth repeatedly.

But there's a difference between doing it for one quarter (which is a regular occurrence) and having an actual 4% rate of growth over a meaningful period of time.
 

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The only Trump economic policy that has had a positive effect was the tax cut...

Nothing else he's done has come into play yet...

Still eating off Obama and taking credit for it...

It's also worth noting Kraugmans analysis was 100% on point...The timing of his prediction is what's off...


Even as unemployment levels are historically low, worker pay isn’t rising.

It’s not that corporations don’t have more money — it’s that they have no particular reason to give that money to workers.

The Republican tax bill has been a major windfall for corporations and the wealthy.

According to estimates from the Center on Budget and Policy Priorities, the top fifth of earners get 70 percent of the bill’s benefits, and the top 1 percent get 34 percent. The new tax treatment for “pass-through” entities — companies organized as sole proprietorships, partnerships, LLCs, or S corporations — will mean an estimated $17 billion in tax savings for millionaires in 2018. American corporations are showering their shareholders with stock buybacks, thanks in part to their tax savings, and have returned nearly $700 billion to investors this year.
 

fact

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How you gonna ROFL with a hollow back?


Even as unemployment levels are historically low, worker pay isn’t rising.

It’s not that corporations don’t have more money — it’s that they have no particular reason to give that money to workers.

The Republican tax bill has been a major windfall for corporations and the wealthy.

According to estimates from the Center on Budget and Policy Priorities, the top fifth of earners get 70 percent of the bill’s benefits, and the top 1 percent get 34 percent. The new tax treatment for “pass-through” entities — companies organized as sole proprietorships, partnerships, LLCs, or S corporations — will mean an estimated $17 billion in tax savings for millionaires in 2018. American corporations are showering their shareholders with stock buybacks, thanks in part to their tax savings, and have returned nearly $700 billion to investors this year.


And this is why the Bob Corkers, Jeff Flakes, Collins, Murkowski, McCain’s of the world, no matter what they SAY, because they lined their fukking pockets for generations, and then ran. Now they all glad handing and boy playing behind the curtains and then came out and talk a little wild. I have no respect for any of them, but they, in particular, are on par with the Nunes, Gowdy, and Goodlattes, because those fukkfaces show they heart, while the above mentioned give the vulnerabilities of citizens that will be most negatively affected by these bills hope that they will reject it, but they ALWAYS GO WITH WHATEVER MAKES THEM AND THEIR FAMILY THE MOST MONEY
 
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