Quote:
Originally Posted by maytag
Finally, piper, something that isn't simply more of your personal attacks at the president. Seriously; go back and read your last post with an open mind. You'll realize that of the entire post, this is the only meat there. Everything else is conspiracy theory crap, and attacks at the individual. You yelling "fact" in front of a statement doesn't magically make it so.
So let's take the one bone you've thrown.
Your first sentence is NOT fact. And you saying it more aggressively won't make it so. The truth is that, while the economy was improving before president trump, it was doing so very, VERY slowly. The argument is frequently made by economists all over the country that it HAD to improve, because during Obama's presidency we saw some of the worst economic times of the last 50 years. There was nowhere to go but up.
Now we find ourselves in the longest period of economic expansion in the nation's history. The pressure is for it to drop. None of the key indicators point to recession except this one: How long can this really go on?
Now if you'd like my OPINION (which is what YOU give us after you say "FACT"). My opinion is that 4 weeks ago the MSM and democratic presidential candidates started talking about this "looming recession" for the single purpose of negating what will most certainly be trump's campaign dialogue: "it's the economy, stupid". Because if they can't beat the economy, they can't beat trump. And beating trump is MUCH more important to them than the health of our economy. (Both sides of the aisle have made winning a priority over what's best for the country for several years now. It disgusts me. )
Now piper, I've addressed your unreasonable rants and histrionics with calm, reasonable discussion. Think you can do the same?
If you can't, then this is the last of my posts in this thread. (Unless I need an uber)
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Sorry, Maytag. Facts are facts and here's my proof.
FACT: Unemployment has been on the decline since 2010, after recovering from the Great Recession.
From 2010 to 2016, unemployment dropped by 5 points. Since Rump took office in Jan 2016, it dropped by 1.3 That's a FACT.
Source:
National Employment Monthly Update
FACT: Stock has been rising since 2010. Again, after recovering from the Great Recession. It's on the same Trajectory today:
Source:
https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years
FACT: Economy is on the same trajectory as it was when Rump took office. (I was wrong. It's NOT, it's actually going DOWN. So I stand corrected.)
Source:
https://www.bea.gov/news/glance
You can argue with my opinions all you want, you can't argue with facts and sources. Want to argue with history?
So I've provided facts and backed them up with sources. What have you?
Actually, your argument that the economy had nowhere to go but up, is, in fact opinion. And I respect that, however, my counter-argument is that it's been called the Great Recession because it wasn't the 2nd Great Depression. To say it had nowhere to go but up just doesn't hold water. It could have continued to go down. Unfortunately, neither of us can prove a negative, so we'll leave it at that. but it COULD have gone down, thankfully it didn't.
EDIT: And there you go twisting history when you say "during Obama's presidency we saw the worst economic times in 50 years." In fact, Obama was HANDED that economy from Bush, then he turned it around. Facts matter.