Why this once, no longer great nation is where it's at is being outlined with credible receipts on my Anti-Trump Pro Democracy Blog. The only material there is documented Felon of the USA's anti-democracy pro-fascist activities.
This nation is slipping deeper and deeper into authoritarianism daily. The train to fascism is picking up steam as it heads towards the abyss and total darkness.
I'd comment on this but I'm running short on time as I'm busy filling out employment applications to supplement my retirement account that dwindles daily, thanks to our petulant President Trump...
I'm thinking I may have to apply for a grocery bagger job at Trader Joe's (nothing wrong with it, except I have neuropathy in my feet from my chemo, so standing for hours would be difficult!)
Remember the anti-Biden people who complained about Biden being so out of it that others were running the country? Do those same people actually believe Trump is an economist and carefully thought through the consequences of his stupid trade wars?
Economists, liberal and conservative, have stated unequivocally that trade wars are BAD, BAD, BAD for everyone! Trump doesn't know what tariffs are.
JP Morgan is saying the US economy will contract under the weight of these tariffs and a coming will, not may, but will, drive the unemployment rate up to 5.3%. CEO Jaime Dimon also says inflation is already happening and will continue to grow, all as a result of the Trump Tariffs.
This is what we call in sports talk, an unforced error.
And in case anyone is wondering, rising inflation and rising unemployment, a fixture in the 1970's in the US is called stagflation. Or as Pres Reagan used to call it, the Misery Index.
Maybe we should all consider a reframing of the popular quote about well being from Pres Reagan to this...
Are you better off today than you were four months ago?"
Where was all the concern and panic in 2022 when the DOW was 28,725 and inflation was 8.3% when mumbles was in office. Now the DOW is 39,000 and it is horrible. I didn't see anyone on this site say the sky is falling but it looks like this is more TDS than actual fear of the apocalypse.
Ms. Shaw, You would be bored being a bagger so try for at least a cashier. Unemployment will rise because the government is not boosting employment stats with unnecessary jobs.
"Where was all the concern and panic in 2022 when the DOW was 28,725 and inflation was 8.3%..."
Seriously skud? Seriously? You compare the stock market of 2022 coming off a worldwide pandemic that affected the world and what Trump caused by his stupidity? Seriously?
There's no comparison, and I refuse to explain something that should be crystal clear to anyone who isn't consumed with hatred for Biden.
Here's a hint: The drop in the stock market was caused because of a worldwide pandemic.
The stock market crash that we're witnessing now is because of the stupidity of Trump land the Republican Party that supports the idiot.
Every economist and market expert agrees that trade wars are stupid.
Trump doesn't listen to anyone who knows more than he does because he's a malignant narcissist and believes he's the smarted idiot in the room, hence we are witnessing his destruction of what economists said was the envy of the world: Biden's economy.
You can have your own opinions, skud, but you can't have your own facts.
Trump caused the world's markets to crash. Not COVID, not Biden, not the Democrats.
It's something you'll have to internalize at some point instead of posting more "whataboutisms."
Ms. Shaw, The next thing you will excuse is the housing crisis disaster started by the clinton, frank, dodd and waters sub prime debacle where everyone should own a house especially those who can't afford one. I'm not surprised by your answer because you were one of those who was convinced biden was competent. I don't hate biden because I knew he was an incompetent seat sitter who had no business being president.
I call B.S. on that post, skud. No fair-minded person would state such bosh! Presidential scholars who have studied our presidents' administrations have put former President Biden at #14. That's above Reagan, FYI.
Yet, you continue to claim that former President Biden was incompetent. You're wrong, of course. Very wrong. You're entitled to your opinion, but not your own facts. The facts say you're very wrong.
We don't know yet what kind of damage Trump's stupid trade wars will do to our and the world's economy. Again, a majority of economists, including Nobel Prize winning economists, say this is a bad idea. Very bad:
"Trump tariffs ‘will increase the unemployment rate to recessionary levels,’ says economist. “If the president does not reverse course, he will increase the unemployment rate to recessionary levels,” says Michael R. Strain, director of economic policy studies at the conservative think tank the American Enterprise Institute and professor at Georgetown University."
A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession.
Here are comments from some leading economists:
Li Daokui, one of China's most influential economists, told AFP that Trump's tariffs mainly aimed to "squeeze other countries" for concessions.
"It is hard to imagine that there is any other economic policy that can make people around the world, including people in the United States itself, suffer losses at the same time.
"This is simply a 'spectacle' of failed economic policies," Li said.
'Very wrong' - Brent Neiman, a US Treasury official under previous president Joe Biden, was cited by the US Trade Representative last week in a statement explaining the calculations behind the tariffs.
But Neiman said Monday that Trump administration officials misinterpreted his academic research, co-authored with three other economists.
"It got it wrong. Very wrong. I disagree fundamentally with the government's trade policy and approach," Neiman said in a New York Times opinion piece.
"But even taking it at face value, our findings suggest the calculated tariffs should be dramatically smaller -- perhaps one-fourth as large," Neiman wrote.
'Failure of Reaganism' - For Thomas Piketty, French author of the best-selling "Capital in the Twenty-First Century", "Trumpism is first of all a reaction to the failure of Reaganism" -- the liberalisation of President Ronald Reagan in the 1980s.
"Republicans realise that economic liberalism and globalisation have not benefitted the middle class as they said they would," the left-leaning economist told AFP.
"So now they're using the rest of the world as a scapegoat," he said.
"But it's not going to work. The Trump cocktail is simply going to generate more inflation and more inequalities."
Ms. Shaw, When was the last time an incumbent was not on the ticket in an election. Hint would be 1852 because the democrat, franklin pierce, was pro slavery which hurt his support. Now we have the second time, joey biden, was deemed incompetent to stand trial or run again. History happens over time and I doubt the opinions of nobel winning economists will last for long and that goes for a french author. Reagan brought the country back from the massively disruptively influence of the cater debacle yet you say biden was better.
Actually there were two others: Theodore Roosevelt declined to run in 1908 and Lyndon Johnson declined to run after he completed his first full term in office in 1968.
You're still wrong about former President Biden. He had a successful presidency and lifted our country out of the desperate condition Trump left it in. No amount of your denying it changes that fact.
Your dismissal of a French economist is typical of some Americans who think any foreigner can't have anything intelligent or informed about any subject. Mr. Picketty knows a hell of a lot more about the world's economic systems than do you or I. His being French doesn't diminish his knowledge nor his predictions.
BTW, I didn't say Biden had a better 4-year presidency compared with Reagan's 8 years. Presidential scholars did. That means a number of scholars who've actually studied and analyzed presidential administrations made that determination. And what hurt Reagan's standing is his administration's massive corruption charges. Trash Biden as you will, but his was not a corrupt administration. Reagan's was. FACT.
19 comments:
It's worse than a banana republic.
Why this once, no longer great nation is where it's at is being outlined with credible receipts on my Anti-Trump Pro Democracy Blog. The only material there is documented Felon of the USA's anti-democracy pro-fascist activities.
This nation is slipping deeper and deeper into authoritarianism daily. The train to fascism is picking up steam as it heads towards the abyss and total darkness.
Some have double standards. The GOP has none at all.
I'd comment on this but I'm running short on time as I'm busy filling out employment applications to supplement my retirement account that dwindles daily, thanks to our petulant President Trump...
Les and BB-Idaho, I've often said that if it weren't for double standards, Trumpers wouldn't have any standards at all.
🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️ nine face palms for the nine points.
I'm thinking I may have to apply for a grocery bagger job at Trader Joe's (nothing wrong with it, except I have neuropathy in my feet from my chemo, so standing for hours would be difficult!)
Remember the anti-Biden people who complained about Biden being so out of it that others were running the country? Do those same people actually believe Trump is an economist and carefully thought through the consequences of his stupid trade wars?
Economists, liberal and conservative, have stated unequivocally that trade wars are BAD, BAD, BAD for everyone! Trump doesn't know what tariffs are.
JP Morgan is saying the US economy will contract under the weight of these tariffs and a coming will, not may, but will, drive the unemployment rate up to 5.3%. CEO Jaime Dimon also says inflation is already happening and will continue to grow, all as a result of the Trump Tariffs.
This is what we call in sports talk, an unforced error.
And in case anyone is wondering, rising inflation and rising unemployment, a fixture in the 1970's in the US is called stagflation. Or as Pres Reagan used to call it, the Misery Index.
Maybe we should all consider a reframing of the popular quote about well being from Pres Reagan to this...
Are you better off today than you were four months ago?"
I know I'm not.
Neither are millions and millions of Americans!
Shaw... just look at the timeline... This morning when you posted this, it was bad.
Now, just a few hours later? Whatever it is, however we explain it, it's worse than bad.
Where was all the concern and panic in 2022 when the DOW was 28,725 and inflation was 8.3% when mumbles was in office. Now the DOW is 39,000 and it is horrible. I didn't see anyone on this site say the sky is falling but it looks like this is more TDS than actual fear of the apocalypse.
Ms. Shaw, You would be bored being a bagger so try for at least a cashier. Unemployment will rise because the government is not boosting employment stats with unnecessary jobs.
"Where was all the concern and panic in 2022 when the DOW was 28,725 and inflation was 8.3%..."
Seriously skud? Seriously? You compare the stock market of 2022 coming off a worldwide pandemic that affected the world and what Trump caused by his stupidity? Seriously?
There's no comparison, and I refuse to explain something that should be crystal clear to anyone who isn't consumed with hatred for Biden.
Here's a hint: The drop in the stock market was caused because of a worldwide pandemic.
The stock market crash that we're witnessing now is because of the stupidity of Trump land the Republican Party that supports the idiot.
Every economist and market expert agrees that trade wars are stupid.
Trump doesn't listen to anyone who knows more than he does because he's a malignant narcissist and believes he's the smarted idiot in the room, hence we are witnessing his destruction of what economists said was the envy of the world: Biden's economy.
You can have your own opinions, skud, but you can't have your own facts.
Trump caused the world's markets to crash. Not COVID, not Biden, not the Democrats.
It's something you'll have to internalize at some point instead of posting more "whataboutisms."
Heads buried in the sand. tRump republicans and so called conservatives.
Ms. Shaw, The next thing you will excuse is the housing crisis disaster started by the clinton, frank, dodd and waters sub prime debacle where everyone should own a house especially those who can't afford one.
I'm not surprised by your answer because you were one of those who was convinced biden was competent. I don't hate biden because I knew he was an incompetent seat sitter who had no business being president.
I call B.S. on that post, skud. No fair-minded person would state such bosh! Presidential scholars who have studied our presidents' administrations have put former President Biden at #14. That's above Reagan, FYI.
Yet, you continue to claim that former President Biden was incompetent. You're wrong, of course. Very wrong. You're entitled to your opinion, but not your own facts. The facts say you're very wrong.
We don't know yet what kind of damage Trump's stupid trade wars will do to our and the world's economy. Again, a majority of economists, including Nobel Prize winning economists, say this is a bad idea. Very bad:
"Trump tariffs ‘will increase the unemployment rate to recessionary levels,’ says economist. “If the president does not reverse course, he will increase the unemployment rate to recessionary levels,” says Michael R. Strain, director of economic policy studies at the conservative think tank the American Enterprise Institute and professor at Georgetown University."
A wide range of economists are voicing alarm over US President Donald Trump's tariffs blitz, which has sparked a trade war that experts say could lead to a global recession.
Here are comments from some leading economists:
Li Daokui, one of China's most influential economists, told AFP that Trump's tariffs mainly aimed to "squeeze other countries" for concessions.
"It is hard to imagine that there is any other economic policy that can make people around the world, including people in the United States itself, suffer losses at the same time.
"This is simply a 'spectacle' of failed economic policies," Li said.
'Very wrong' -
Brent Neiman, a US Treasury official under previous president Joe Biden, was cited by the US Trade Representative last week in a statement explaining the calculations behind the tariffs.
But Neiman said Monday that Trump administration officials misinterpreted his academic research, co-authored with three other economists.
"It got it wrong. Very wrong. I disagree fundamentally with the government's trade policy and approach," Neiman said in a New York Times opinion piece.
"But even taking it at face value, our findings suggest the calculated tariffs should be dramatically smaller -- perhaps one-fourth as large," Neiman wrote.
(Cont.)
'Failure of Reaganism' -
For Thomas Piketty, French author of the best-selling "Capital in the Twenty-First Century", "Trumpism is first of all a reaction to the failure of Reaganism" -- the liberalisation of President Ronald Reagan in the 1980s.
"Republicans realise that economic liberalism and globalisation have not benefitted the middle class as they said they would," the left-leaning economist told AFP.
"So now they're using the rest of the world as a scapegoat," he said.
"But it's not going to work. The Trump cocktail is simply going to generate more inflation and more inequalities."
Ms. Shaw, When was the last time an incumbent was not on the ticket in an election. Hint would be 1852 because the democrat, franklin pierce, was pro slavery which hurt his support. Now we have the second time, joey biden, was deemed incompetent to stand trial or run again.
History happens over time and I doubt the opinions of nobel winning economists will last for long and that goes for a french author. Reagan brought the country back from the massively disruptively influence of the cater debacle yet you say biden was better.
Actually there were two others: Theodore Roosevelt declined to run in 1908 and Lyndon Johnson declined to run after he completed his first full term in office in 1968.
You're still wrong about former President Biden. He had a successful presidency and lifted our country out of the desperate condition Trump left it in. No amount of your denying it changes that fact.
Your dismissal of a French economist is typical of some Americans who think any foreigner can't have anything intelligent or informed about any subject. Mr. Picketty knows a hell of a lot more about the world's economic systems than do you or I. His being French doesn't diminish his knowledge nor his predictions.
BTW, I didn't say Biden had a better 4-year presidency compared with Reagan's 8 years. Presidential scholars did. That means a number of scholars who've actually studied and analyzed presidential administrations made that determination. And what hurt Reagan's standing is his administration's massive corruption charges. Trash Biden as you will, but his was not a corrupt administration. Reagan's was. FACT.
One who argues from beliefs only is rarely right. Substantiated facts and sound reasoning will always win the debate.
The winner of the above debate: Shaw armed with both takes the ribbon.
Opinions are fine skud, but they are not facts. They are opinions. Sometimes right. Sometimes wrong.
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