One of my friends said that whenever a Republican is in office the economy ranks and then the Democrats fix it.
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11-30-2020, 07:39 AM #1Registered User
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Why do Democrats say they do more for the economy?
I did not have sexual relations with that woman, Miss Lewinsky. I never told anybody to lie, not a single time; never. These allegations are false. And I need to go back to work for the American people. Thank you.
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11-30-2020, 07:42 AM #2Facilitating the illusion
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It's because they're stupid.Originally Posted by billclintonnn
We are living in unprecedented times. For the first time in our history, one side of the political spectrum controls all three branches of government, the media, and the technology we use to access it.
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11-30-2020, 07:54 AM #3Registered User
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Trump's economic policy was spot on. He reworked terrible trade deals, lowered corporate taxes to make doing business in American competitive, and he refused to sell his soul (and America's soul) to China. He refused to engage in foreign wars and worked to remove our troops. Obama and others laughed at Trump's projected GDP growth, saying he didn't have a magic wand to wave... and Trump did it anyway.
The current democrat economic policy is open the borders so millions of immigrants flood into the US, have the working class pay for everyone's healthcare, lifestyle, college, etc... and hope for the best! What could possibly go wrong?
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11-30-2020, 08:00 AM #4Facilitating the illusion
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This is just the long version of what I said.Originally Posted by rampagefc77
We are living in unprecedented times. For the first time in our history, one side of the political spectrum controls all three branches of government, the media, and the technology we use to access it.
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11-30-2020, 08:03 AM #5Registered User
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just low IQ blabber
probably got their info from some chinese bot on redditBalanced Test Crew
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11-30-2020, 08:03 AM #6Registered User
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What about Obama inheriting a recession? I say it’s the Democrats that controlled the house and senate in 2006 that messed it up.Originally Posted by rampagefc77
I did not have sexual relations with that woman, Miss Lewinsky. I never told anybody to lie, not a single time; never. These allegations are false. And I need to go back to work for the American people. Thank you.
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11-30-2020, 09:49 AM #7Registered User
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No he is a phaggot all around and looked into what Cuomo did that caused it interesting stuff.Originally Posted by ChunkerFish
I did not have sexual relations with that woman, Miss Lewinsky. I never told anybody to lie, not a single time; never. These allegations are false. And I need to go back to work for the American people. Thank you.
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11-30-2020, 10:23 AM #8True Patriot Crew
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because they are liars
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His name is Robert Paulson
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11-30-2020, 01:49 PM #9Registered User
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Well, it’s been going on for decades now, at least since Nixon, if not further.
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11-30-2020, 02:04 PM #10Registered Realist
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People tend to attribute way too much credit to the sitting President when it comes to the economy.
The houses of congress have significant responsibility when it comes to budgets and economic legislation. Plus, there's only so much fiscal and monetary policy can do in a market economy, and they also have time lags (their effects are felt at a later date than when they're announced/implemented)
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11-30-2020, 02:05 PM #11Registered User
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Because historically Democratic administrations have overseen far better economic gains, and there's no real dispute among economists on this, regardless of how you measure it:
https://www.jec.senate.gov/public/_c...-june-2016.pdf
https://www.princeton.edu/~mwatson/p...n_July2015.pdf
There really isn't anything Republicans are good for, other than inbreeding and hating education."What has destroyed every previous civilization has been the tendency to the unequal distribution of wealth and power" - Henry George
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not actually 50
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11-30-2020, 02:08 PM #12
probably because that's how math works?
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11-30-2020, 02:09 PM #13Registered User
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No one hates education you dolt. Conservatives hate that children are indoctrinated in grade school through college.Originally Posted by isingmodel
Inbreeding, huh? Well at least I know you don't want to debate in good faith and just sling baseless insults.*Always Pick 5 Crew*
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11-30-2020, 02:27 PM #14Registered Realist
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From the second link:Originally Posted by isingmodel
"Rather, it appears that the Democratic edge stems mainly from more benign oil shocks, superior TFP [total factor productivity] performance, and perhaps greater defense spending and faster growth abroad."
1. Foreign oil shocks are affected by a bunch of factors. You really can't infer anything regarding Presidential performance from this at face value
2. It may be argued that productivity growth is better under Dem Presidents due to some policy decision, but that second paper doesn't delve into the reason why. It makes no mention of technological shocks, for example, which likely boosted productivity growth under Bill Clinton in the 90's as computers were adopted.
3. Defense spending increases are a more common policy proposal from Republicans in recent decades. It's interesting that this policy is railed against by a lot of Democrats, yet likely by happenstance it has boosted economic performance during Democratic terms. "Faster growth abroad" doesn't seem to directly follow from any domestic policies introduced by Presidents.
Basically, you've got a tenuous link between Democratic Presidents and productivity growth, with little to no context surrounding it. The other factors really don't seem to be directly linked to the President. If they are, then that paper doesn't explain how.
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11-30-2020, 02:28 PM #15Registered User
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This is how I see things:
During good times people elect Left-Wing folks because people have the mind of a goldfish. They buy into the lies and all the free goodies that are being promised. Who doesn't wanna raise taxes during good times in order to fund education for example?
During bad times people elect more Right Wing folks because historically it is their policies that catapult an economy back to life. Low taxes and smaller government intervention.
This is why the DNC is always in power when the economy does well and the GOP usually gets into power when the bubble bursts because of all the regulations and new welfare related spending is passed.
Housing Crisis: Caused by the DNC's desire to give everyone a home. Dates back to the early 70's.
Great Depression: Caused by Pro-Government individuals who wanted to regulate the markets i.e. caused by democrats but blamed on capitalism
I could go on with other examples.-Focus on myself crew
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11-30-2020, 04:44 PM #16Tremendous poster
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Joe Biden has been handed a crap economy, as was Obama, whilst things were on the up when both Trump and Bush were elected. Without the stock market crash and unnecesary and costly foreign wars Obama would never have been elected. I don't think this is the argument you want to make.Originally Posted by MirinCanadian99
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11-30-2020, 05:04 PM #17Registered User
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Both parties like to pretend that they have more impact on the economy than they actually do. Trump basically did exactly what Obama did - grew the national debt by trillions of dollars in order to stimulate growth. Both Presidents stimulated moderate but consistent growth. Anybody can stimulate an economy if you throw unlimited amounts of money at it to do so. So, now you have the highest debt level since WWII.
Trump got more aggressive on things like trade policy, which I am not a fan of (tariffs create trade wars which reduce output and global trade) and didn't really reap any benefits from it. Everything was pretty much status quo.YOU ARE NOT A SLAVE
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11-30-2020, 05:13 PM #18Registered User
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Obama inherited the bottom of a crash with nowhere to go but up. He proceeded to lead the slowest recovery in history.Originally Posted by kingmanaverage
Trump inherited obamas artificially propped up economy that was aided by near zero rates... where everyone predicted a correction, and turned it into the best economy by enacting policies that directly opposes everything Obama did. He lowered corporate taxes, reworked international trade deals, he brought Main Street back into the equation.
This isn’t an argument you want to have...
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11-30-2020, 07:12 PM #19Registered User
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This comment is the typical copy and paste an ideologue from the right will continue to recycle.Originally Posted by rampagefc77
Trump's economic polices were nothing of difference from any other Republican president, being supply-side tax cuts and deregulation. The deregulations mean nothing, because America is no longer an industrial economy. The tax cuts were just a windfall for corporations to drive up their stock prices; augmenting an already massive stock market bubble. None of this had any real impact on labor, besides an additional 20 bucks a week in their already meager checks. All of this was made up with massive government largesse. Trump has ran the largest deficits on record, and it isn't even close.
The trade deals? America is by far still the largest debtor nation on the planet. Trump never got past "Phase One" with China, and that deal was as good as toilet paper. China is nowhere close to meeting import obligations, because the deal is non-binding. The other deal, USMCA, is an utter joke of a renegotiation. I do agree with tariffs, but it is too little to late, because there is no industry in America to protect. All of that has been outsourced to Asia.
Now, the bread and butter of the economy - the Fed. Monetarily, interest rates have remained the same for over a decade - blowing massive asset bubbles across the board. Trump was an advocate for low rates (even called for negative rates) to keep the illusory stock market gains going, as well as pumping the market with more liquidity through central bank bond purchasing. None of these polices help the working class, and only increase the widening wealth gap, which engenders the social instability we are witnessing today.
This is an utterly useless and embarrassing comment, but I understand that's what to intention of it was meant to be. The central bank plans the economy, and there really is no difference in fiscal policy, between parties, outside of tax legislation on the middle class or whatever is left of it. The rich and the poor pay no taxes, and whatever spending shortage remains is made up with deficit spending via treasury issuance on the Fed printing notes.Originally Posted by isingmodel
Last edited by OPGenesis; 12-01-2020 at 06:52 AM.
"I am a rational animal who occupies the intermediary position between angel and beast"
"The upper class is afforded their position by the collective burden the underclass must carry for them"
"We're headed into a Dark Winter"
/watch?v=_Zzeh5F7NSo&feature=emb_title
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11-30-2020, 07:27 PM #20Registered User
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they can say whatever they want, they are never held accountable for anything. No morals.
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11-30-2020, 07:50 PM #21Iron Snowflake
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Because Republicans think the stock market is the economy, and they only pretend to care about a deficit when Dems are in power. They also love creating massive bubbles that force us to constantly bail out big business, while not even pretending to care about the common citizens welfare.
I don't know either lol
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11-30-2020, 08:02 PM #22Dirty Capitalist
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Nancy Pelosi was speaker of the house leading to, and during, the last two greatest recessions in modern times.
Both happen to lead into election years for a democrat president go win.Encryption key holder
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11-30-2020, 08:07 PM #23Registered User
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Like Obama didn't bailout Wall Street, brainlet.Originally Posted by W8isGR8
"I am a rational animal who occupies the intermediary position between angel and beast"
"The upper class is afforded their position by the collective burden the underclass must carry for them"
"We're headed into a Dark Winter"
/watch?v=_Zzeh5F7NSo&feature=emb_title
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11-30-2020, 08:07 PM #24Pedicabo ego vos et irrum
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This is the simple truth.Originally Posted by Harbinger
Damn bro.....I was just starting to like you ffs.Originally Posted by kingmanaverage
"Systemic racism" is a term used by liars and cowards to hide the failures of left-wing policies....
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11-30-2020, 09:13 PM #25Iron Snowflake
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Republican economy is a house of cards ponzi scheme where they rack up a huge deficit, raid social security, all the while cutting taxes/deregulation of big business so they can point at the stock market as "proof" the economy is great.
I don't know either lol
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11-30-2020, 09:27 PM #26Registered User
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Weird, one of my friends said that whenever a Democrat is in office the economy ranks and then the Republicans fix it.
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12-01-2020, 06:25 AM #27Registered User
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Democrats are better for the stock market too btwOriginally Posted by W8isGR8
"What has destroyed every previous civilization has been the tendency to the unequal distribution of wealth and power" - Henry George
Yang 2024
Misc Crypto Crew ~~~~~SEND ENERGY FOR BULL RUN 2021~~~~~~
not actually 50
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12-01-2020, 06:34 AM #28Registered User
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You are smart enough to know that you can't draw uni-varied analysis from even simple concepts, much less immensely complex ones like economies of scale. It is also a correlation.Originally Posted by isingmodel
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12-01-2020, 07:01 AM #29Banned
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They are quite fond of saying things in complete opposition to what they actually do and/or stand for...
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12-01-2020, 07:15 AM #30
Democrats generally make more money than Publicans. They pay MORE taxes. Democratic cities generate the most revenue for the federal government.
Whats your point OP aka Trumptard***************************INDEPENDENT FISCAL CONSERVATIVE/SOCIALLY LIBERAL POSTER***************************
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