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  1. #1
    Registered User billclintonnn's Avatar
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    Why do Democrats say they do more for the economy?

    One of my friends said that whenever a Republican is in office the economy ranks and then the Democrats fix it.
    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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    Facilitating the illusion Harbinger's Avatar
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    Originally Posted by billclintonnn View Post
    One of my friends said that whenever a Republican is in office the economy ranks and then the Democrats fix it.
    It's because they're stupid.
    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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    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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    Facilitating the illusion Harbinger's Avatar
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    Originally Posted by rampagefc77 View Post
    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?
    This is just the long version of what I said.
    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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    just low IQ blabber

    probably got their info from some chinese bot on reddit
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    Registered User billclintonnn's Avatar
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    Originally Posted by rampagefc77 View Post
    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?
    What about Obama inheriting a recession? I say it’s the Democrats that controlled the house and senate in 2006 that messed it up.
    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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  7. #7
    Registered User billclintonnn's Avatar
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    Originally Posted by ChunkerFish View Post
    Is your friend ectocuck?



    As HUD secretary, Cuomo was to blame for the subprime crisis decades before he was killing senior citizens, it's amazing how shallow the knowledge of the average Blue Team Good voter is, especially when they had TDS and Bush derangement to blame away all Blue Teams failures on
    No he is a phaggot all around and looked into what Cuomo did that caused it interesting stuff.
    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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    because they are liars
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    Registered User BJoe's Avatar
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    Well, it’s been going on for decades now, at least since Nixon, if not further.
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    Registered Realist OlHoss's Avatar
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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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    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.
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    probably because that's how math works?

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    Originally Posted by isingmodel View Post
    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.
    No one hates education you dolt. Conservatives hate that children are indoctrinated in grade school through college.

    Inbreeding, huh? Well at least I know you don't want to debate in good faith and just sling baseless insults.
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    Registered Realist OlHoss's Avatar
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    Originally Posted by isingmodel View Post
    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.
    From the second link:

    "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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    Registered User MirinCanadian99's Avatar
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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.
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    Tremendous poster kingmanaverage's Avatar
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    Originally Posted by MirinCanadian99 View Post
    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.
    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.
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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.
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    Originally Posted by kingmanaverage View Post
    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.
    Obama inherited the bottom of a crash with nowhere to go but up. He proceeded to lead the slowest recovery in history.

    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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    Originally Posted by rampagefc77 View Post
    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?
    This comment is the typical copy and paste an ideologue from the right will continue to recycle.

    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.

    Originally Posted by isingmodel View Post
    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.
    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.
    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"

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    they can say whatever they want, they are never held accountable for anything. No morals.
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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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    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.
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    Originally Posted by W8isGR8 View Post
    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.
    Like Obama didn't bailout Wall Street, brainlet.

    "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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    Originally Posted by Harbinger View Post
    It's because they're stupid.
    This is the simple truth.

    Originally Posted by kingmanaverage View Post
    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.
    Damn bro.....I was just starting to like you ffs.
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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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    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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    Originally Posted by W8isGR8 View Post
    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.
    Democrats are better for the stock market too btw
    "What has destroyed every previous civilization has been the tendency to the unequal distribution of wealth and power" - Henry George

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    Originally Posted by isingmodel View Post
    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.
    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.
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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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    Democrats generally make more money than Publicans. They pay MORE taxes. Democratic cities generate the most revenue for the federal government.


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