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  3. Thought Experiment-Biden as President

Thought Experiment-Biden as President

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  • L Offline
    L Offline
    Larry
    wrote on 25 Jun 2020, 02:23 last edited by
    #9

    There is no way in hell the economy will grow under a Biden presidency. None.

    T 1 Reply Last reply 25 Jun 2020, 02:42
    • J Jolly
      25 Jun 2020, 01:53

      I know we have several on this board who are Biden supporters, but I seldom see them defending him.

      Their lack of enthusiasm is dissappointing...

      J Offline
      J Offline
      jon-nyc
      wrote on 25 Jun 2020, 02:40 last edited by
      #10

      @Jolly said in Thought Experiment-Biden as President:

      I know we have several on this board who are Biden supporters, but I seldom see them defending him.

      Their lack of enthusiasm is dissappointing...

      Who’s going to be enthusiastic about Joe Biden ferchrissakes?

      I’m just glad he took it from Bernie at the relative last minute. Thank you, South Carolina.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      L 1 Reply Last reply 25 Jun 2020, 02:46
      • L Larry
        25 Jun 2020, 02:23

        There is no way in hell the economy will grow under a Biden presidency. None.

        T Offline
        T Offline
        taiwan_girl
        wrote on 25 Jun 2020, 02:42 last edited by
        #11

        @Larry said in Thought Experiment-Biden as President:

        There is no way in hell the economy will grow under a Biden presidency. None.

        Sure it will. In history, there has not been much difference between GDP growth of Democrat and Republic presidents.

        If it is studied post world war 2, top five avg GDP growth:

        Johnson
        Kennedy
        Clinton
        Nixon and Reagan tied

        GDP Growth per US president

        Stock market, the same thing. (Actually, on a percent basis, it does a bit better under Democrat than Republic.

        Stock market vs president

        Job growth is the same thing. Not best strictly under Republics and not best strictly under Democrats

        Job Growth vs President

        My point is that the economy will keeping rolling forward regardless of who is US President.

        President Trump re-elected. Economy will be good.
        Vice President Biden elected. Economy will be good.

        J L 2 Replies Last reply 25 Jun 2020, 03:29
        • J jon-nyc
          25 Jun 2020, 02:40

          @Jolly said in Thought Experiment-Biden as President:

          I know we have several on this board who are Biden supporters, but I seldom see them defending him.

          Their lack of enthusiasm is dissappointing...

          Who’s going to be enthusiastic about Joe Biden ferchrissakes?

          I’m just glad he took it from Bernie at the relative last minute. Thank you, South Carolina.

          L Offline
          L Offline
          Loki
          wrote on 25 Jun 2020, 02:46 last edited by
          #12

          @jon-nyc said in Thought Experiment-Biden as President:

          @Jolly said in Thought Experiment-Biden as President:

          I know we have several on this board who are Biden supporters, but I seldom see them defending him.

          Their lack of enthusiasm is dissappointing...

          Who’s going to be enthusiastic about Joe Biden ferchrissakes?

          I’m just glad he took it from Bernie at the relative last minute. Thank you, South Carolina.

          So we’ve been reduced to rooting for the VP who we don’t even know who it’s going to be except his choices are limited to sex and now race or BLM is a sham.

          It’s such an odd year. We fell into a candidate, not one that was really picked through a process. Think about that. Biden is the default candidate through a set of circumstances no one can describe as a strategic process.

          1 Reply Last reply
          • J Offline
            J Offline
            jon-nyc
            wrote on 25 Jun 2020, 02:50 last edited by
            #13

            We lost strategy when the smoky rooms gave up their power.

            I wish we could get those days back. Or at least the days where a handful of media companies policed the bounds of acceptability.

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            L 1 Reply Last reply 25 Jun 2020, 02:55
            • J jon-nyc
              25 Jun 2020, 02:50

              We lost strategy when the smoky rooms gave up their power.

              I wish we could get those days back. Or at least the days where a handful of media companies policed the bounds of acceptability.

              L Offline
              L Offline
              Loki
              wrote on 25 Jun 2020, 02:55 last edited by
              #14

              @jon-nyc said in Thought Experiment-Biden as President:

              We lost strategy when the smoky rooms gave up their power.

              I wish we could get those days back. Or at least the days where a handful of media companies policed the bounds of acceptability.

              It’s a good point. Historians will certainly have a lot to write about, but to isolate Biden for a moment, we seem to be destined to elect a President who had one good night, who’s main strategy is to hide and has raised legitimate concerns about what is occurring with his cognitive abilities. I have to admit I did not see this 9 months ago but in the absence of evidence to the contrary I don’t believe my thoughts are unreasonable.

              1 Reply Last reply
              • D Online
                D Online
                Doctor Phibes
                wrote on 25 Jun 2020, 03:07 last edited by
                #15

                The next election is basically going to be Dumb and Dumber 3. The only question is which one is which.

                I know, I know, an idiot can't get elected President. It's in the Constitution.

                I was only joking

                1 Reply Last reply
                • T taiwan_girl
                  25 Jun 2020, 02:42

                  @Larry said in Thought Experiment-Biden as President:

                  There is no way in hell the economy will grow under a Biden presidency. None.

                  Sure it will. In history, there has not been much difference between GDP growth of Democrat and Republic presidents.

                  If it is studied post world war 2, top five avg GDP growth:

                  Johnson
                  Kennedy
                  Clinton
                  Nixon and Reagan tied

                  GDP Growth per US president

                  Stock market, the same thing. (Actually, on a percent basis, it does a bit better under Democrat than Republic.

                  Stock market vs president

                  Job growth is the same thing. Not best strictly under Republics and not best strictly under Democrats

                  Job Growth vs President

                  My point is that the economy will keeping rolling forward regardless of who is US President.

                  President Trump re-elected. Economy will be good.
                  Vice President Biden elected. Economy will be good.

                  J Offline
                  J Offline
                  Jolly
                  wrote on 25 Jun 2020, 03:29 last edited by
                  #16

                  @taiwan_girl said in Thought Experiment-Biden as President:

                  @Larry said in Thought Experiment-Biden as President:

                  There is no way in hell the economy will grow under a Biden presidency. None.

                  Sure it will. In history, there has not been much difference between GDP growth of Democrat and Republic presidents.

                  If it is studied post world war 2, top five avg GDP growth:

                  Johnson
                  Kennedy
                  Clinton
                  Nixon and Reagan tied

                  GDP Growth per US president

                  Stock market, the same thing. (Actually, on a percent basis, it does a bit better under Democrat than Republic.

                  Stock market vs president

                  Job growth is the same thing. Not best strictly under Republics and not best strictly under Democrats

                  Job Growth vs President

                  My point is that the economy will keeping rolling forward regardless of who is US President.

                  President Trump re-elected. Economy will be good.
                  Vice President Biden elected. Economy will be good.

                  By your yardstick, there are no great leaders.

                  “Cry havoc and let slip the DOGE of war!”

                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                  T 1 Reply Last reply 25 Jun 2020, 18:25
                  • H Offline
                    H Offline
                    Horace
                    wrote on 25 Jun 2020, 03:39 last edited by
                    #17

                    The implicit assumption behind TG’s oft repeated claim, which in fairness is widely repeated by many others - that republican/Democrat politics can be extrapolated from the past into the future in their effect on the economy - is pretty obviously dubious. The economic policies are getting fringy on the left and the past does not contain adequate precedent to extrapolate the future from.

                    Education is extremely important.

                    X 1 Reply Last reply 25 Jun 2020, 04:25
                    • H Horace
                      25 Jun 2020, 03:39

                      The implicit assumption behind TG’s oft repeated claim, which in fairness is widely repeated by many others - that republican/Democrat politics can be extrapolated from the past into the future in their effect on the economy - is pretty obviously dubious. The economic policies are getting fringy on the left and the past does not contain adequate precedent to extrapolate the future from.

                      X Offline
                      X Offline
                      xenon
                      wrote on 25 Jun 2020, 04:25 last edited by
                      #18

                      @Horace Policies gotta go through congress. Getting anything notable done in congress seems laughable.

                      H 1 Reply Last reply 25 Jun 2020, 04:56
                      • T taiwan_girl
                        25 Jun 2020, 02:42

                        @Larry said in Thought Experiment-Biden as President:

                        There is no way in hell the economy will grow under a Biden presidency. None.

                        Sure it will. In history, there has not been much difference between GDP growth of Democrat and Republic presidents.

                        If it is studied post world war 2, top five avg GDP growth:

                        Johnson
                        Kennedy
                        Clinton
                        Nixon and Reagan tied

                        GDP Growth per US president

                        Stock market, the same thing. (Actually, on a percent basis, it does a bit better under Democrat than Republic.

                        Stock market vs president

                        Job growth is the same thing. Not best strictly under Republics and not best strictly under Democrats

                        Job Growth vs President

                        My point is that the economy will keeping rolling forward regardless of who is US President.

                        President Trump re-elected. Economy will be good.
                        Vice President Biden elected. Economy will be good.

                        L Offline
                        L Offline
                        Larry
                        wrote on 25 Jun 2020, 04:38 last edited by
                        #19

                        @taiwan_girl said in Thought Experiment-Biden as President:

                        @Larry said in Thought Experiment-Biden as President:

                        There is no way in hell the economy will grow under a Biden presidency. None.

                        Sure it will. In history, there has not been much difference between GDP growth of Democrat and Republic presidents.

                        If it is studied post world war 2, top five avg GDP growth:

                        Johnson
                        Kennedy
                        Clinton
                        Nixon and Reagan tied

                        GDP Growth per US president

                        Stock market, the same thing. (Actually, on a percent basis, it does a bit better under Democrat than Republic.

                        Stock market vs president

                        Job growth is the same thing. Not best strictly under Republics and not best strictly under Democrats

                        Job Growth vs President

                        My point is that the economy will keeping rolling forward regardless of who is US President.

                        President Trump re-elected. Economy will be good.
                        Vice President Biden elected. Economy will be good.

                        TG, I know that's what you believe, but you're incorrect.

                        1 Reply Last reply
                        • X xenon
                          25 Jun 2020, 04:25

                          @Horace Policies gotta go through congress. Getting anything notable done in congress seems laughable.

                          H Offline
                          H Offline
                          Horace
                          wrote on 25 Jun 2020, 04:56 last edited by
                          #20

                          @xenon said in Thought Experiment-Biden as President:

                          @Horace Policies gotta go through congress. Getting anything notable done in congress seems laughable.

                          And the Trump tax cuts happened how?

                          Education is extremely important.

                          X 1 Reply Last reply 25 Jun 2020, 06:24
                          • H Horace
                            25 Jun 2020, 04:56

                            @xenon said in Thought Experiment-Biden as President:

                            @Horace Policies gotta go through congress. Getting anything notable done in congress seems laughable.

                            And the Trump tax cuts happened how?

                            X Offline
                            X Offline
                            xenon
                            wrote on 25 Jun 2020, 06:24 last edited by xenon
                            #21

                            @Horace budget reconciliation.

                            Also I don’t think that changed the longer term trajectory of the country much.

                            We went into more debt to give a tax cut. Pay now or pay later.

                            I don’t think Obama got any tax policy done, did he? (Not sure)

                            I think there’s almost zero chance of the senate flipping this year.

                            I do take your point though. I hope someone plays to the center soon before the loonies swing back hard on the pendulum.

                            I don’t think Trump is holding the left at bay, I think he’s riling up their lunatics.

                            J 1 Reply Last reply 25 Jun 2020, 11:28
                            • X xenon
                              25 Jun 2020, 06:24

                              @Horace budget reconciliation.

                              Also I don’t think that changed the longer term trajectory of the country much.

                              We went into more debt to give a tax cut. Pay now or pay later.

                              I don’t think Obama got any tax policy done, did he? (Not sure)

                              I think there’s almost zero chance of the senate flipping this year.

                              I do take your point though. I hope someone plays to the center soon before the loonies swing back hard on the pendulum.

                              I don’t think Trump is holding the left at bay, I think he’s riling up their lunatics.

                              J Offline
                              J Offline
                              Jolly
                              wrote on 25 Jun 2020, 11:28 last edited by
                              #22

                              @xenon said in Thought Experiment-Biden as President:

                              @Horace budget reconciliation.

                              Also I don’t think that changed the longer term trajectory of the country much.

                              We went into more debt to give a tax cut. Pay now or pay later.

                              I don’t think Obama got any tax policy done, did he? (Not sure)

                              I think there’s almost zero chance of the senate flipping this year.

                              I do take your point though. I hope someone plays to the center soon before the loonies swing back hard on the pendulum.

                              I don’t think Trump is holding the left at bay, I think he’s riling up their lunatics.

                              Between business confidence in a business friendly Trump and the tax cuts, the economy did very well.

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              1 Reply Last reply
                              • H Offline
                                H Offline
                                Horace
                                wrote on 25 Jun 2020, 11:53 last edited by
                                #23

                                Money exists and was invented to be a way to quantify everything quantifiable that people care about. To say that politics has no meaningful effect on people’s money is to say politics has no meaningful effect.

                                I think the main observation behind that side of the discussion is that the wheels of our government are complex and people who win elections don’t have magic wands. While that is true and while there appears to be a leftward bias over time, each election does something to temper the speed of that shift.

                                Education is extremely important.

                                1 Reply Last reply
                                • J Jolly
                                  25 Jun 2020, 03:29

                                  @taiwan_girl said in Thought Experiment-Biden as President:

                                  @Larry said in Thought Experiment-Biden as President:

                                  There is no way in hell the economy will grow under a Biden presidency. None.

                                  Sure it will. In history, there has not been much difference between GDP growth of Democrat and Republic presidents.

                                  If it is studied post world war 2, top five avg GDP growth:

                                  Johnson
                                  Kennedy
                                  Clinton
                                  Nixon and Reagan tied

                                  GDP Growth per US president

                                  Stock market, the same thing. (Actually, on a percent basis, it does a bit better under Democrat than Republic.

                                  Stock market vs president

                                  Job growth is the same thing. Not best strictly under Republics and not best strictly under Democrats

                                  Job Growth vs President

                                  My point is that the economy will keeping rolling forward regardless of who is US President.

                                  President Trump re-elected. Economy will be good.
                                  Vice President Biden elected. Economy will be good.

                                  By your yardstick, there are no great leaders.

                                  T Offline
                                  T Offline
                                  taiwan_girl
                                  wrote on 25 Jun 2020, 18:25 last edited by
                                  #24

                                  @Jolly said in Thought Experiment-Biden as President:

                                  By your yardstick, there are no great leaders.

                                  Not at all. My comment was specifically related to the economics. If a plane or train or car is running straight down the highway on a sunlit day, you don't necessarily need to be a great driver to keep the car going at the right speed and in the right direction.

                                  It is when the road is ice cover, there is an accident up ahead, a hurricane is in your path, then great driving skills are required.

                                  Same with great leaders. In times of crisis are when you see who are great leaders. When you look back in history, and you think of great leaders, it is because they rose to some occasion.

                                  Don't get me wrong, I do not think that Vice President Biden has the making of a great leader. Unfortunately, I do not think that President Trump has shown those trates either.

                                  I know that @Horace orace and I have discussed this in circles previously (LOL). Yes, I agree that the president does have an impact on economy but not as much as people think. I am not saying that they have no impact!!!!

                                  For example, in 1950, the US was almost 30% of world GDP. In 2008, it was about 18%. There are a lot of things that happen outside the control of the US that WILL impact the US economy.

                                  For example, let us say that China and India go to war over what is happening in the Himalayas. What do you think will happen to the US economy? Is it President Trumps fault?

                                  Or, lets say there is something like a global pandemic. What would happen to the US economy? Is it President Trumps fault?

                                  J 1 Reply Last reply 26 Jun 2020, 00:14
                                  • L Offline
                                    L Offline
                                    Larry
                                    wrote on 25 Jun 2020, 23:28 last edited by
                                    #25

                                    The nice thing about analogies is that if you leave out the things that contradict the story line and just focus on bolstering your opinion, you can make then say almost anything.

                                    1 Reply Last reply
                                    • T taiwan_girl
                                      25 Jun 2020, 18:25

                                      @Jolly said in Thought Experiment-Biden as President:

                                      By your yardstick, there are no great leaders.

                                      Not at all. My comment was specifically related to the economics. If a plane or train or car is running straight down the highway on a sunlit day, you don't necessarily need to be a great driver to keep the car going at the right speed and in the right direction.

                                      It is when the road is ice cover, there is an accident up ahead, a hurricane is in your path, then great driving skills are required.

                                      Same with great leaders. In times of crisis are when you see who are great leaders. When you look back in history, and you think of great leaders, it is because they rose to some occasion.

                                      Don't get me wrong, I do not think that Vice President Biden has the making of a great leader. Unfortunately, I do not think that President Trump has shown those trates either.

                                      I know that @Horace orace and I have discussed this in circles previously (LOL). Yes, I agree that the president does have an impact on economy but not as much as people think. I am not saying that they have no impact!!!!

                                      For example, in 1950, the US was almost 30% of world GDP. In 2008, it was about 18%. There are a lot of things that happen outside the control of the US that WILL impact the US economy.

                                      For example, let us say that China and India go to war over what is happening in the Himalayas. What do you think will happen to the US economy? Is it President Trumps fault?

                                      Or, lets say there is something like a global pandemic. What would happen to the US economy? Is it President Trumps fault?

                                      J Offline
                                      J Offline
                                      Jolly
                                      wrote on 26 Jun 2020, 00:14 last edited by
                                      #26

                                      @taiwan_girl said in Thought Experiment-Biden as President:

                                      @Jolly said in Thought Experiment-Biden as President:

                                      By your yardstick, there are no great leaders.

                                      Not at all. My comment was specifically related to the economics. If a plane or train or car is running straight down the highway on a sunlit day, you don't necessarily need to be a great driver to keep the car going at the right speed and in the right direction.

                                      It is when the road is ice cover, there is an accident up ahead, a hurricane is in your path, then great driving skills are required.

                                      Same with great leaders. In times of crisis are when you see who are great leaders. When you look back in history, and you think of great leaders, it is because they rose to some occasion.

                                      Don't get me wrong, I do not think that Vice President Biden has the making of a great leader. Unfortunately, I do not think that President Trump has shown those trates either.

                                      I know that @Horace orace and I have discussed this in circles previously (LOL). Yes, I agree that the president does have an impact on economy but not as much as people think. I am not saying that they have no impact!!!!

                                      For example, in 1950, the US was almost 30% of world GDP. In 2008, it was about 18%. There are a lot of things that happen outside the control of the US that WILL impact the US economy.

                                      For example, let us say that China and India go to war over what is happening in the Himalayas. What do you think will happen to the US economy? Is it President Trumps fault?

                                      Or, lets say there is something like a global pandemic. What would happen to the US economy? Is it President Trumps fault?

                                      Ok, so now you've admitted the President has an effect on the economy. All that's left is to quibble about how much...

                                      “Cry havoc and let slip the DOGE of war!”

                                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                      T 1 Reply Last reply 26 Jun 2020, 02:00
                                      • J Jolly
                                        26 Jun 2020, 00:14

                                        @taiwan_girl said in Thought Experiment-Biden as President:

                                        @Jolly said in Thought Experiment-Biden as President:

                                        By your yardstick, there are no great leaders.

                                        Not at all. My comment was specifically related to the economics. If a plane or train or car is running straight down the highway on a sunlit day, you don't necessarily need to be a great driver to keep the car going at the right speed and in the right direction.

                                        It is when the road is ice cover, there is an accident up ahead, a hurricane is in your path, then great driving skills are required.

                                        Same with great leaders. In times of crisis are when you see who are great leaders. When you look back in history, and you think of great leaders, it is because they rose to some occasion.

                                        Don't get me wrong, I do not think that Vice President Biden has the making of a great leader. Unfortunately, I do not think that President Trump has shown those trates either.

                                        I know that @Horace orace and I have discussed this in circles previously (LOL). Yes, I agree that the president does have an impact on economy but not as much as people think. I am not saying that they have no impact!!!!

                                        For example, in 1950, the US was almost 30% of world GDP. In 2008, it was about 18%. There are a lot of things that happen outside the control of the US that WILL impact the US economy.

                                        For example, let us say that China and India go to war over what is happening in the Himalayas. What do you think will happen to the US economy? Is it President Trumps fault?

                                        Or, lets say there is something like a global pandemic. What would happen to the US economy? Is it President Trumps fault?

                                        Ok, so now you've admitted the President has an effect on the economy. All that's left is to quibble about how much...

                                        T Offline
                                        T Offline
                                        taiwan_girl
                                        wrote on 26 Jun 2020, 02:00 last edited by
                                        #27

                                        @Jolly said in Thought Experiment-Biden as President:

                                        Ok, so now you've admitted the President has an effect on the economy. All that's left is to quibble about how much...

                                        Jolly, I have always said that (but am too lazy to go back to the former forum board to find my quotes form there. 5555). I just don't think that they have as much of an impact as they themselves (or others) like to claim.

                                        If you are willing to say that President Trump had a great effect on the economy, then you have to "own" the fact that President Trump is doing a terrible job right now. Unemployment is worse than in eighty years, the US country is in a recession (almost close to depression), etc. etc.

                                        I dont believe it is his fault and I place no blame with him for the current state.

                                        If a President (Republic or Democrat) is going to accept credit for economic good things that happen on their term, then they have to be willing to stand up and accept the bad things also. As far as I know from an economy standpoint, when someone is elected President, it is not stated that they are only President when things are good.

                                        😊

                                        1 Reply Last reply
                                        • RainmanR Offline
                                          RainmanR Offline
                                          Rainman
                                          wrote on 26 Jun 2020, 02:46 last edited by
                                          #28

                                          @taiwan_girl said in Thought Experiment-Biden as President:

                                          I dont believe it is his fault and I place no blame with him for the current state.

                                          Then what are you arguing for or against, other than nothing matters?
                                          TG, you are delightful, really. You are always considerate of the other side of an argument or position.

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                                          25 Jun 2020, 04:25


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