[QUOTE=MarquisdeSade1;2968305] [b] Are you drunk or just imitating Spidy and ET now [/b] [/QUOTE]I'm drunk! BAHAHAHAHAHA!
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[QUOTE=MarquisdeSade1;2968305] [b] Are you drunk or just imitating Spidy and ET now [/b] [/QUOTE]I'm drunk! BAHAHAHAHAHA!
[QUOTE=EihTooms;2968351]Is this scary GOP foretelling of Certain Dem Christmas Future Economic Doom anything like their foretelling of Certain Economic Doom if FDR enacted The New Deal, if JFK / LBJ cut middle and lower income tax rates disprortionately greater than the top income margin rate, if Carter required employers to offer the same 401 K deferred tax investment deal to the rank and file employees as those in the Executive Offices, if Bill Clinton passed the 1993 Omnibus Budget Reconciliation Act and raised the top marginal tax rate 2-3 percentage points, if Barack Obama passed the American Recovery and Reinvestment Act and The Affordable Care Act, if Joe Biden passed the American Rescue Plan Act and The Inflation Reduction Act?
Or will it be as truly historically scary and horrific as the Great Repub Hoover Depression, the three Recessions and Historically Bad Jobs Creation Record under Repub Eisenhower, another way below average jobs creation record along with gas lines and inflation under Nixon / Ford, the Great Recession and 10 whopping months of 10% plus Unemployment Rates across his 3rd and 4th year in office while tripling the National Debt under Reagan, the next historically low jobs creation under GHW Bush, the 1st Recession and 2nd Great Recession and Massive Job losses under GW Bush and the Trillions deficit-adding Economic "stimulus" Legislation producing a million fewer jobs with it than without it, the failed Trade War and Tariffs that required him to issue emergency welfare checks to our agriculture and manufacturing industry just to keep them afloat along with the worst economic and national security decisions of all time leading directly to ushering in and exacerbating Trump's Pandemic and the 1 million American deaths, so far, the millions upon millions of jobs wiped out, the global supply-chain collapse, the hyper-inflation and opportunistic corporate price gouging under Donald Trump?
Because if it is anything like ALL of the former combined, I know I can go right back to sleep on Christmas Eve without a worry in the world.
But if it is anything like any ONE of the latter than that is a truly scary foretelling indeed and I might just stay up all night worrying about it.[/QUOTE]Bill Clinton, in his second term, did a pretty good job, thanks in no small part to Republicans who controlled Congress during that period. I'd go so far as to say he's the last really good president we've had.
As to Jimmy Carter's and Joe Biden's stewardship of economic policy, a majority of Americans agree with me. It sucked.
[QUOTE=Tiny12;2968504]Bill Clinton, in his second term, did a pretty good job, thanks in no small part to Republicans who controlled Congress during that period. [/QUOTE]That would be Newt Gingrich's Congress that threw every wrench, drill and screwdriver in the gears to obstruct and sabotage, and when they failed, claimed it was the Republican governors who lifted the economy [U]despite[/U] Clinton's efforts.
Sheesh!
Even when you're right, you're only half-right and that's being generous.
[QUOTE=Tiny12;2968504]Bill Clinton, in his second term, did a pretty good job, thanks in no small part to Republicans who controlled Congress during that period. I'd go so far as to say he's the last really good president we've had.
As to Jimmy Carter's and Joe Biden's stewardship of economic policy, a majority of Americans agree with me. It sucked.[/QUOTE]So was this fine and detailed understanding of the national economy by the American electorate why Nude Grinbitch went on to become a revered longterm Speaker of the House, so popular and appreciated for his "no small part" in triggering the unprecedented economic success and growth in America that, miraculously, firmly began several months BEFORE he and his Party's took majority control of the House that, after he had geen booted from office and had plenty of free time on his hands, they urged his Party to make him their nominee for President of the United States?
I mean, what with their clear understanding and appreciation that Carter's far and away better average annual jobs creation record (although even at that not as great as Biden's) vs the Repubs before and after him "sucked", they must have been running to the polls in the primaries to choose Nude Grinbitch as the Repub nominee soon after Bill Clinton's presidency in order to thank him for shutting down the government multiple times and lose the legislative battle against Clinton every time in his vain attempt to crash and reverse the historic economic growth that began under Clinton, his Dem House and Dem Senate in 1994, in a stark recovery from what came before.
Oh, and without a single Repub vote for the 1993 legislation that triggered it. And, again, at which point the American electorate demonstrated their clear and fine understanding of the national economy that they rewarded the Dems for that by replacing the Dem House and Senate Majority with a Repub Majority in November 1994.
You honestly think the current USA economy "sucks"? Lolol. Compared to what, where and when? You realize that flies in the face of every credible economic publication assessment at home and abroad as well as all available data and evidence, right?
Or, like the American electorate under Carter, Reagan, Clinton, Biden, et al, are you just aping what the typically pro Repub Mainstream Media spins into your mind about it regardless what the data and all available evidence shows? When was the last time you couldn't afford to buy a Bird Flu-inflation priced egg?
[QUOTE=Tiny12;2968504]Bill Clinton, in his second term, did a pretty good job, thanks in no small part to Republicans who controlled Congress during that period. I'd go so far as to say he's the last really good president we've had.
As to Jimmy Carter's and Joe Biden's stewardship of economic policy, a majority of Americans agree with me. It sucked.[/QUOTE]No guessing necessary you loved Scumbag Bubba doing NAFTA putting the CCP into the WTO and repealing Glass Steagal.
[URL]https://selectcommitteeontheccp.house.gov/media/press-releases/moolenaar-introduces-legislation-revoke-chinas-permanent-normal-trade[/URL]
[URL]https://asiatimes.com/2024/11/china-calculates-impact-of-losing-most-favored-nation-status/[/URL]
Moolenaar said that when China prepared to enter the World Trade Organization (WTO) in 2000, the US Congress voted to extend PNTR status to China, hoping that the Chinese would liberalize and adopt fair trading practices, but "this gamble failed. ".
"Having PNTR with China has failed our country, eroded our manufacturing base and sent jobs to our foremost adversary. At the same time, the CCP has taken advantage of our markets and betrayed the hopes of freedom and fair competition that were expected when its authoritarian regime was granted PNTR more than 20 years ago," he said.
Republican Senators Marco Rubio, Tom Cotton and Josh Hawley on September 26 introduced The Neither Permanent Nor Normal Trade Relations Act to end PNTR with China. On November 13, Rubio was nominated by Trump to be the next US secretary of state. Rubio is likely to gain Senate confirmation and begin his term after Trump's January 20,2025, inauguration.
"Giving Communist China the same trade benefits that we give to our greatest allies was one of the most catastrophic decisions that our country has ever made," Rubio said in a press release in September. "Our country's trade deficit with China more than quadrupled, and we exported millions of American jobs. Ending normal trade relations with China is a no-brainer. ".
[URL]https://prosperousamerica.org/cpa-guest-opinion-we-must-revoke-chinas-most-favored-nation-status/[/URL]
[QUOTE=EihTooms;2968319]Now, what are we to learn from that little Trump's Failed Trade War With China story you have spun there?
That Trump's crap 2018 and 2019 negotiations led him to give China something real and valuable in exchange for junk but then he "brilliantly" ushered in and exacerbated Trump's Pandemic with all of the Millions of Deaths, Massive Jobs Destruction, Global Supply-Chain Collapse and, most importantly, Global Inflation that followed and did all of that just so China would ultimately be stuck with as much junk as China dumped in Trump's lap?
Or is it that Biden was the "brilliant" one in producing the best, fastest and most effective Recovery from Trump's Pandemic, which unavoidably produces some transitional Inflation, pulled America First but also the rest of the World out of Trump's Economic Disaster, averted a Domestic AND Global Depression / Recession and, oh as a bonus, contributed to converting the highly valuable loot they snatched right from under blithering numbskull Trump's nose into junk?
Either one provides a fascinating moral of the story you have spun there. Or is it some combination of the two?[/QUOTE]He may even have less integrity and credibility than you and Spidy.
He really needs a new moniker, may I generously propose Morbidly Obese Bob?
[URL]https://www.nytimes.com/2024/11/20/us/trump-womens-march-protests-activism.html[/URL]
[URL]https://www.nytimes.com/2024/12/16/opinion/trump-tech-leaders-support.html[/URL]
The Great Capitulation.
Dec. 16,2024, 7:00 pm ET.
Credit. Doug Mills / The New York Times.
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19.
Michelle Goldberg.
By Michelle Goldberg.
Opinion Columnist.
At a press conference at Mar-a-Lago on Monday, Donald Trump described recent visits from Tim Cook, see. E. O. Of Apple, Sergey Brin, a co-founder of Google, and other tech barons. "In the first term, everyone was fighting me," he said. "In this term, everyone wants to be my friend. " For once, he wasn't exaggerating.
Since Trump won re-election — this time with the popular vote — many of the most influential people in America seem to have lost any will to stand up to him as he goes about transforming America into the sort of authoritarian oligarchy he admires. Call it the Great Capitulation.
Following Jan. 6, Mark Zuckerberg, the Facebook co-founder, suspended Trump's account. But last month at Mar-a-Lago, The Wall Street Journal reported, Zuckerberg stood, hand on heart, as "the club played a rendition of the national anthem sung by imprisoned" Jan. 6 defendants. (It's not clear if Zuckerberg knew what he was listening to.) he's pledged a million-dollar donation to Trump's inauguration, as did the OpenAI see. E. O. Sam Altman and Jeff Bezos' company Amazon, which will also stream the inauguration on its video platform.
After Time magazine declared Trump "Person of the Year," the publication's owner, the Salesforce see. E. O. Marc Benioff, wrote on X, "This marks a time of great promise for our nation. " The owner of The L. A. Times, the billionaire pharmaceutical and biomedical entrepreneur Patrick Soon-Shiong, killed an editorial criticizing Trump's cabinet picks and urging the Senate not to allow recess appointments.
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Most shocking of all, last week ABC News, which is owned by the Walt Disney Company, made the craven decision to settle a flimsy defamation case brought by Trump.
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As you may remember, a jury last year found Trump civilly liable for sexually abusing the writer E. Jean Carroll. In a memorandum, the judge in the case explained that while a jury didn't find that Trump had raped Carroll, it was operating under New York criminal law, which defines rape solely as "vaginal penetration by a penis. " It did find that he'the forcibly penetrated her with his fingers.
"The finding that Ms. Carroll failed to prove that she was 'raped' within the meaning of the New York Penal Law does not mean that she failed to prove that Mr. Trump 'raped' her as many people commonly understand the word 'rape, wrote the judge. "Indeed, as the evidence at trial recounted below makes clear, the jury found that Mr. Trump in fact did exactly that. ".
The ABC News anchor George Stephanopoulos appeared to be using this broader definition when, in March, he said on-air that a jury had found Trump "liable for rape. " Trump, who regularly threatens, and sometimes files, defamation cases against his perceived enemies in the press, sued. And though his case seemed absurdly weak, ABC News decided to settle in exchange for a $15 million donation to Trump's future presidential library or museum, $1 million in legal fees and a public statement of regret from Stephanopoulos and the network.
Displays of submission aren't limited to tech and media. Christopher Wray, the head of the F. Be. I. , agreed to step aside before the end of his 10-year term rather than make Trump fire him. Several Democrats have signaled their willingness to work with Elon Musk and Vivek Ramaswamy, whose so-called Department of Government Efficiency, or DOGE, seems poised to hack away at our already threadbare safety net.
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In The New Yorker, Jonathan Blitzer wrote of the current administration's refusal, at least so far, to renew the humanitarian parole of immigrants from countries such as Venezuela and Haiti to possibly shield them from deportation under Trump. "For a president who considers Trump a fascist and has warned about the horrors of mass deportation, the atmosphere of Biden's White House has struck several people I spoke with as curiously sedate," Blitzer wrote.
Different people have different reasons for falling in line. Some may simply lack the stomach for a fight or feel, not unreasonably, that it's futile. Our tech overlords, however liberal they once appeared, seem to welcome the new order. Many hated wokeness, resented the demands of newly uppity employees and chafed at attempts by Joe Biden's administration to regulate crypto and A. I. , two industries with the potential to cause deep and lasting social harm. There are see. E. O. S who got where they are by riding the zeitgeist; they can pivot easily from mouthing platitudes about racial equity to slapping on a red MAGA hat.
Some Democrats appear to think that they might steer DOGE in a productive direction and that, regardless, they'll get credit for bipartisanship. The electorate, after all, has rendered its verdict on #Resistance.
One of Kamala Harris's pollsters, Politico reported, recently warned the Democratic National Committee leadership against pearl-clutching over Trump's transgressions, including the wildly unfit characters he's announced for his administration. The voters, she said, "don't care about who he's putting in cabinet positions. ".
Collectively, all these elite decisions to bow to Trump make it feel like the air is going out of the old liberal order. In its place will be something more ruthless and Nietzschean.
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"The individual has the intrinsic moral right to live his life in a special and fulfilling way without subordinating to the universal collective," Marc Andreessen, the software engineer and venture capitalist at the forefront of Silicon Valley's rightward lurch, wrote on X last week. "Purveyors of abstract guilt must not steal that from you. " Even powerful people who didn't vote in favor of this harsh new world can find their consolations in it.
So let me get this right! Repubs/MAGA had been told Americas, were suffering from high inflation, high food prices and no money for beacon, but somehow, now they have money for $200 Trump Perfume? [I][b](...kkkk!)[/b][/I].
[B]Who'd pay $99 to smell like Donald Trump? Eau d'Insurrection [/B]
[URL]https://www.independent.co.uk/voices/donald-trump-fragrance-perfume-victory47-b2498669.html[/URL]
Yes, yes, I know, all of you MAGAs and, frankly, many others out there are puzzled and wondering "WTF!? There was an 8 day losing stretch in the Dow under economic lord and savior Donald Trump years BEFORE he crashed er I mean rescued his China Trade War and the Global Economy with Trump's Pandemic in 2020? Even during is "best economy ever" years"?
Yep. In fact, and I hope the diligent stock market-watchers among you MAGAs as is Trump himself are sitting down for this. But not only did Trump log at least one remarkable 8-Day losing stretch in the Dow during 2018, one of those "best economy ever" years before "the China virus and the pandemic came out of the blue, nobody thought something like that could happen", but there was actually a Bear Market Decline in the broad USA Stock Market that very same year!
I know, I know, that contradicts what Mainstream Media has led or allowed so many of the American people to believe. Those who today have such a clear and detailed understanding of the national economy that they are certain today's stock market is at an all-time low, the unemployment rate is at an all-time high, that 107% of the new jobs created under Biden went to illegal aliens, that nobody can buy anything, nobody can eat anything, nobody can do anything, nobody can travel anywhere, that we are currently IN a Recession and that this economy "sucks" by any measure compared to other economies around the world and vs all previous USA economies.
But it turns out that even though 2018 was one of Trump's self-described and claimed "best economy ever" years before "the China virus" totally surprised everyone and developed into a raging Pandemic without any Pandemic Prevention Team Leadership in those Chinese labs to give us a heads-up about it just "2 months sooner" so we could have avoided all the problems as there had been before Trump defunded and removed them several months earlier, there was a Bear Market greater than 20% decline in the total usa stock market.
And it happened at a time when Trump's failed Trade War with China and Tariffs were very much in the system and failing so badly to accomplish what Trump claimed they would do that he had to issue emergency welfare checks to the industries most damaged by them just to keep them afloat.
And now we already have this swirling around in today's USA Stock. Market:
[B]Stock futures inch lower after Dow notches longest losing streak since 2018[/B]
[URL]https://www.cnbc.com/2024/12/16/stock-market-today-live-updates.html?__source=androidappshare[/URL]
[QUOTE]"If you are going to worry about something, it is that [b]the tariffs[/b] are not just talk but truisms, and that we will actually be putting up barriers to trade", Stovall said. "If that is an actuality, I think that could be a very big problem."[/QUOTE]
[QUOTE=Spidy;2968566]...no money for beacon[/QUOTE]Sorry, meant to read 'bacon'.
[QUOTE=Xpartan;2968511][b]Yes, for those with a severe memory loss.[/b]
That would be Newt Gingrich's Congress that threw every wrench, drill and screwdriver in the gears to obstruct and sabotage, and when they failed, claimed it was the Republican governors who lifted the economy [U]despite[/U] Clinton's efforts.
Sheesh!
Even when you're right, you're only half-right and that's being generous.[/QUOTE]Of course, it isn't a "memory loss". Wingers actively engage in revisionist history in order to promote more Repub-style economic agenda and, therefore by definition, more crap economic results.
I watched Trump's make-believe "press conference" yesterday where he never answered a question with anything but a blithering, near incoherent bullshit story leading inevitably to the usual Yes AND No response which he can then later claim he answered EITHER way. And at one point he totally revised history by claiming "We had the greatest economy ever before The China Virus came out of nowhere", "We had NO WARS when I was president", "We were paid $600 Billion from China from my trade war tariffs", blah blah blah and not one person in that room nor anyone on the cable news network followed up by pointing out everything he said in that event was a blatant, easily debunked revisionist history lie.
Which is no surprise since that is what Trump has been allowed to get away with for the past 9 years in Mainstream Media, especially leading up to an election.
Tooms and Xpartan, You will never achieve true enlightenment until you learn to love Republicans. And Marquis, you must learn to love the Chinese. And the moderate Democrats. For until that happens you will live in ignorance and hatred. Learn how to love, and you shall see the Light. And the darkness shall be lifted from your hearts.
There is no need however to admonish you, Marquis, to love the Progressive Democrats, for you are one.
Buddha Tiny
This MAGA Repub loon is challenging MAGA Repub loon Marjorie Taylor Greene for the Crown as Queen of the MAGA Repub Loons in ChristoFascist Mike's now even THINNER razor-thin majority to go along with Trump's handful of angry Netanyahu-hating but already regretful Muslims across the only three states that mattered "mandate" squeaker.
[B]Republican House Majority in Peril[/B]
[URL]https://www.newsweek.com/republican-house-majority-victoria-spartz-2002016[/URL]
[QUOTE]The Republican wafer-thin majority in the House of Representatives is facing growing uncertainty as GOP members of Congress line up for Donald Trump's Cabinet.
Representative Victoria Spartz, an Indiana Republican, announced on Monday that she would no longer "sit on committees or participate in the Republican caucus" so she could dedicate more time to the newly created Department of Government Efficiency (DOGE), headed by Elon Musk and Vivek Ramaswamy.
"I will stay as a registered Republican but will not sit on committees or participate in the caucus until I see that Republican leadership in Congress is governing. I do not need to be involved in circuses. I would rather spend more of my time helping @DOGE and @RepThomasMassie to save our Republic, as was mandated by the American people," she said in a post on X.
In another post, Spartz added, "@realDonaldTrump, @elonmusk and @VivekGRamaswamy are our only hope to drain the swamp through reconciliation, and we can come up with more than $2T to fully offset tax cuts. The swamp is very deep, @DOGE!"[/QUOTE]And she won't be the only one in that less than Pink Tinkle Repub House to pull this kind of stunt.
Bear in mind, NO Repub wants to actually government, legislate, solve any problems, know anything, do anything or earn their government paycheck.
With Deadbeat To The Core Nude Grinbitch being the honored historic template for being a total Repub deadbeat with no expertise or interest in accomplishing anything except shutting down the government so they can do even LESS than nothing for their pay, especially if doing that one idiotic thing will serve to thwart and fuck up any positive jobs creation and economic expansion and gains trajectories put in place by Dems, there are bound to be more Attention Hoo'are Deadbeat Repub Loons waiting in the wings for their moment in the spotlight, demanding to be handed a Participation Trophy for Doing Nothing so remarkably well.
As King of the Know Nothing, Do Nothing, Deadbeat MAGA Repub Loons, Donald J. Trump, knows better than anyone, of course.
[QUOTE=Tiny12;2968700]Tooms and Xpartan, You will never achieve true enlightenment until you learn to love Republicans. And Marquis, you must learn to love the Chinese. And the moderate Democrats. For until that happens you will live in ignorance and hatred. Learn how to love, and you shall see the Light. And the darkness shall be lifted from your hearts.
There is no need however to admonish you, Marquis, to love the Progressive Democrats, for you are one.
Buddha Tiny[/QUOTE]They are thee most vile creatures known to humanity, watch the movie "Thank You for Smoking".
Call me a progressive Democrat? Everyone has redeeming qualities except Libertarians.
You are an iteration of Hiroo Onoda he refused to deny the war was over for many years.
You on the other hand refuse to deny we are already at war with the CCP, be it Cold for the moment.
You should be tried for Treason for giving and and comfort to the enemy!!
[QUOTE=EihTooms;2968530]
You honestly think the current USA economy "sucks"? Lolol. Compared to what, where and when? You realize that flies in the face of every credible economic publication assessment at home and abroad as well as all available data and evidence, right?
Or, like the American electorate under Carter, Reagan, Clinton, Biden, et al, are you just aping what the typically pro Repub Mainstream Media spins into your mind about it regardless what the data and all available evidence shows? When was the last time you couldn't afford to buy a Bird Flu-inflation priced egg?[/QUOTE]That's not what I wrote. I said a majority of Americans and I think Biden's [B]economic policy[/B] sucked.
An NBER paper earlier this year written by economists at the IMF and Democrat Larry Summers explains why. You can download the paper here.
[URL]https://www.nber.org/papers/w32163[/URL]
Or read a summary here.
[URL]https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula/#text=argue%2 C%20%E2%80%9 Cwill%20 understate%20 the%20 pressure, November%202022%2 C%20 and%20 remains%20 elevated.[/URL]
If you look at the official numbers, the median American wage earner saw prices increase about 1/2 of 1% more than wages during the Biden administration. Compare to the Trump administration, when wages rose by almost 7% more than prices. Those are wages before tax. After income tax, median real wages were up more than 7%, because of the Trump tax cuts for the middle class.
But the official numbers don't take into account the increase in interest payments borne by Americans, manifested in higher house, car and credit card payments and the like. The consumer price index, the way it was calculated prior to 1983, did take that into account. What Summers and the rest did in the NBER study was go back and calculate CPI using the pre-1983 method. And then they compared it to consumer sentiment.
Using the old methodology, which includes interest expense borne by consumers, inflation peaked at 18% in November, 2022! And if you look at consumer sentiment, which can serve as a proxy for how much Americans believed Biden's economic policy sucks, it tracks the Summers et al CPI a lot better than the current CPI.
In other words, the workingman is way behind the eight ball. And that's the reason Biden got poor numbers for economic policy in surveys.
Now undoubtedly you're not going to accept that. We had a similar discussion about why Americans thought the economy sucked under Carter because of high inflation, and, reading between the lines, you attributed it to mass psychosis.
Why do I (as opposed to the majority of Americans) think his economic policy sucked? We've been through that a million times. Since Biden took office, the economy has done well (no recession), we've been at peace, and we were over the worst of the pandemic. Yet his policies, as implemented with the help of a Democratic controlled Congress in 2021 and 2022, have put us on track to rack up fiscal deficits around 6% per year as far as the eye can see! That's not sustainable. It's a recipe for disaster.
Far from buying votes as expected, the Democrats' profligate spending ignited inflation and caused them to loose the election. However, yes, if you're part of the welfare class, or received benefits from the massive amounts of corporate pork spread far and wide by the Biden administration, then you probably think the economy is / was hunky dory.