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Edited by Mrph1 on Nov 30th 2023 at 11:03:59 AM
And yet they still fail to realize that the "stock market" is not the economy at all...
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Pretty bad. His mismanagement of things, almost getting us into trade wars, tariffs, etc. rose prices on things and caused company failures. Add into that wages stagnating, and it was only a matter of time before the economy crashed.
Edited by ScubaWolf on Sep 4th 2020 at 12:37:18 PM
"In a move surprising absolutely no one"Because that's what stocks do. It's all speculation.
Up until a company fails entirely or drastically underperforms, then the stock is going to keep going up as better profits are expected in future.
Result: you can tank the economy practically by devastating industry, causing layoffs, and raising the price of living. But if enough companies (especially service-focused financial companies and tech giants) continue to profit and benefit from your taxation idiocy, the stock market as a whole will balloon without regard for reality.
To hope for a day when this psychotic idea that Republicans are somehow better stewards of the economy when they manage to crash it without fail virtually every time will finally die.
One of the problems is that the econemy is sluggish, and by the time it crashes there is often a democrat in the seat that they can blame.
Actually the Nasdaq posted it's worst week today since the pandemic began.
The S&P 500 and Dow Jones also posted steep declines.
And further cementing the fact that the stock market and rest of the economy are radically divorced from each other, the US unemployment rate actually dropped from around 10% to around 8% in August.
Just something I spotted. Chesley "Sully" Sullenberger has a twitter thread where he says he is "disgusted, but not surprised" regarding the disparaging remarks Trump has allegedly said about fallen servicemen and women.
Didn't realize we had a genuine American hero in our little community. M84, it is an honour.
https://mobile.twitter.com/Captsully/status/1301998166036877313
Apparently (from what I could find), he "made a deal" that allows an economic deal between Serbia and Kosovo, yet failed to get Belgrade accept and acknowledge its neighbor as an independent nation.
Basically a failure with Trump's trademark "T" stamped on top of it.
Edited by TitanJump on Sep 5th 2020 at 12:29:25 PM
I consider you guys a lot smarter and more wizened to this kind of shit so I'd like your thoughts on it.
Thanks Obama | Why Obama is a monster who you should not celebrate.
https://m.youtube.com/watch?v=1LLnZ-0zyHg
I know the video guy is UBER popular with socialists, communists, leninists, and other lefties of that brand.
'Monster' off course is populist bullshit, but I too think that he made some questionable choices and was not as good as many make him out to be.
He continued far too many policies of the Bush administration.
Certified: 48.0% West Asian, 6.5% South Asian, 15.8% North/West European, 15.7% English, 7.4% Balkan, 6.6% ScandinavianThanks, now I know to avoid him as hard as possible. Not that I consider You Tube a credible source for politics anyway.
