2nd quarter GDP 2018

#101
#101
BowlBrother85 said:
So, your tactic is to change the subject. Interesting ploy but questionable choice of name calling. Trump obviously does quite a bit of race baiting himself and as for calling Obama a "socialist"? I do believe that it was Trump who just pulled $12 billion out of thin air to bail out the farming industry to mitigate the impact that retaliatory tariffs have had as a direct result of his own trade policy. That is called socialism.
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You brought up The Chosen One.
 
#102
#102
BowlBrother85 said:
So, your tactic is to change the subject. Interesting ploy but questionable choice of name calling. Trump obviously does quite a bit of race baiting himself and as for calling Obama a "socialist"? I do believe that it was Trump who just pulled $12 billion out of thin air to bail out the farming industry to mitigate the impact that retaliatory tariffs have had as a direct result of his own trade policy. That is called socialism.
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Paying for emergency services is socialism. Try harder.
 
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#103
#103
BowlBrother85 said:
So, your tactic is to change the subject. Interesting ploy but questionable choice of name calling. Trump obviously does quite a bit of race baiting himself and as for calling Obama a "socialist"? I do believe that it was Trump who just pulled $12 billion out of thin air to bail out the farming industry to mitigate the impact that retaliatory tariffs have had as a direct result of his own trade policy. That is called socialism.
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Bailout? Nope
 
#104
#104
FLVOL_79 said:
Paying for emergency services is socialism. Try harder.
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Socialism is a political and economic theory which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. Dipping into a government fund for $12 billion to disperse to one specific industry and help mitigate the impact of trade restriction fits this definition perfectly. Trump's farm industry bail out is socialism. You should try harder.
 
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#105
#105
Orangedogsrule said:
Educate yourself on the history of the gold standard and silver's relative value post civil war up to the creation of the "Federal" Reserve. Then, the ability of the Fed to "print money out of thin air" and loan it to banks to loan to business and the public.
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It's even worse than that. The US has no currency of our own. They deferred that right to the Fed. our currency isn't actually a dollar. It is a federal reserve note. Our government and economy gets federal reserve notes into the economy by borrowing them. So in order to have a currency, taxpayers are immediately put into debt to the federal reserve.

Then you consider that by attaching interest to ever dollar they loan into existenc, that means that there will never be enough currency in existence to pay the debt off. All we can do is keep borrowing ourselves into debt to these private banks, keep the system going, and stay in debt to them forever.

It is subtle financial slavery..
 
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#106
#106
So all partisan crap aside this is a great quarter. Most think it will tail off in the last two qtrs but the year should still come in over 3%. That’s great and long over due. Just everybody be happy our damn economy is humming again.
 
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#108
#108
NorthDallas40 said:
So all partisan crap aside this is a great quarter. Most think it will tail off in the last two qtrs but the year should still come in over 3%. That’s great and long over due. Just everybody be happy our damn economy is humming again.
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Bad news for Dims, they hate a good economy. Plus, it’s something they can’t b!tch about.
 
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#111
#111
SpaceCoastVol said:
You better hope the October numbers tank. It is the only chance you have in November
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Has the thought crossed your mind that not everyone is so damn tribal? Some Americans actually do want whatever is best for this country rather than what is best for the political party they support.
 
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#112
#112
BowlBrother85 said:
Has the thought crossed your mind that not everyone is so damn tribal? Some Americans actually do want whatever is best for this country rather than what is best for the political party they support.
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What does a good economy have to do with being partisan? A healthy economy is good for everyone
 
#116
#116
BowlBrother85 said:
Has the thought crossed your mind that not everyone is so damn tribal? Some Americans actually do want whatever is best for this country rather than what is best for the political party they support.
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A booming economy is what's best for the country.
 
#119
#119
SpaceCoastVol said:
You better hope the October numbers tank. It is the only chance you have in November
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The improving economy helps the GOP, generally, I would agree, as they happen to be in office right now as it improves. It should help them in the mid terms.


As to 2020, the question will be how much of this growth shows up in middle American pay checks. A one time bonus isn't going to do the trick, especially if it was two plus years after the last election cycle.



If the numbers translate to higher wages, then yes, it will help Trump. If wage rates remain stagnant for the middle class, then it will hurt because the Dems will be in a position to argue that the tax breaks favored the wealthy.


Personally, I think you'd still have seen a lot of growth at this point, regardless of who won. If you think it was tax cuts, then that probably would have been the case for Kasich, or Rubio, too.
 
#120
#120
BowlBrother85 said:
Has the thought crossed your mind that not everyone is so damn tribal? Some Americans actually do want whatever is best for this country rather than what is best for the political party they support.
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LG

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#121
#121
BowlBrother85 said:
Has the thought crossed your mind that not everyone is so damn tribal? Some Americans actually do want whatever is best for this country rather than what is best for the political party they support.
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Prove it.. I have only seen one thing remotely resembling praise of Mr Trump from you, and that was today. And I don't support the Republicans as much as you think I do chump. I want them ALL gone tbh.

#winningwithtrump
 
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#122
#122
lawgator1 said:
The improving economy helps the GOP, generally, I would agree, as they happen to be in office right now as it improves. It should help them in the mid terms.


As to 2020, the question will be how much of this growth shows up in middle American pay checks. A one time bonus isn't going to do the trick, especially if it was two plus years after the last election cycle.



If the numbers translate to higher wages, then yes, it will help Trump. If wage rates remain stagnant for the middle class, then it will hurt because the Dems will be in a position to argue that the tax breaks favored the wealthy.


Personally, I think you'd still have seen a lot of growth at this point, regardless of who won. If you think it was tax cuts, then that probably would have been the case for Kasich, or Rubio, too.
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Inside the GDP number today was an increase of consumer spending of around 4%. It has to be in large part because of the tax cuts and confidence. Everyone's paycheck is higher already. Where do you think consumers got the money? Isnt your paycheck higher? What are you doing with the money in your pocket?
 
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#123
#123
lawgator1 said:
The improving economy helps the GOP, generally, I would agree, as they happen to be in office right now as it improves. It should help them in the mid terms.


As to 2020, the question will be how much of this growth shows up in middle American pay checks. A one time bonus isn't going to do the trick, especially if it was two plus years after the last election cycle.



If the numbers translate to higher wages, then yes, it will help Trump. If wage rates remain stagnant for the middle class, then it will hurt because the Dems will be in a position to argue that the tax breaks favored the wealthy.


Personally, I think you'd still have seen a lot of growth at this point, regardless of who won. If you think it was tax cuts, then that probably would have been the case for Kasich, or Rubio, too.
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So the Dims will once again, predictably, interject class envy into their position.

You need a platform. You don't have one. You don't have a message. You don't have a viable candidate other than uncle Joe, and the Soros bunch probably doesn't want anyone that centrist.
 
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#125
#125
Ernest T. Vol said:
Inside the GDP number today was an increase of consumer spending of around 4%. It has to be in large part because of the tax cuts and confidence. Everyone's paycheck is higher already. Where do you think consumers got the money? Isnt your paycheck higher? What are you doing with the money in your pocket?
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Plus wages are going up for the moderately skilled.
 
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