Inflation's not so bad..
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wrote on 14 Sept 2022, 17:37 last edited by
Moderate growth, low inflation, low unemployment with decent wages, reasonable interest rates and high optimism.
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wrote on 14 Sept 2022, 17:52 last edited by
TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.
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TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.
wrote on 14 Sept 2022, 18:17 last edited by@Mik said in Inflation's not so bad..:
… the prime mover of markets - confidence. …
Do you have an objective measure for “confidence”, or is it just your personal feeling?
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@Mik said in Inflation's not so bad..:
… the prime mover of markets - confidence. …
Do you have an objective measure for “confidence”, or is it just your personal feeling?
wrote on 14 Sept 2022, 19:54 last edited by@Axtremus said in Inflation's not so bad..:
@Mik said in Inflation's not so bad..:
… the prime mover of markets - confidence. …
Do you have an objective measure for “confidence”, or is it just your personal feeling?
Jon might. But if you don't understand the concept, you don't understand people.
OTOH , we already knew that...
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@Axtremus said in Inflation's not so bad..:
@Mik said in Inflation's not so bad..:
… the prime mover of markets - confidence. …
Do you have an objective measure for “confidence”, or is it just your personal feeling?
Jon might. But if you don't understand the concept, you don't understand people.
OTOH , we already knew that...
wrote on 14 Sept 2022, 22:19 last edited by@Jolly said in Inflation's not so bad..:
@Axtremus said in Inflation's not so bad..:
@Mik said in Inflation's not so bad..:
… the prime mover of markets - confidence. …
Do you have an objective measure for “confidence”, or is it just your personal feeling?
Jon might. But if you don't understand the concept, you don't understand people.
OTOH , we already knew that...
I was gonna say, is that even up for debate?
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TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.
wrote on 15 Sept 2022, 00:09 last edited by@Mik said in Inflation's not so bad..:
TG, you discount the prime mover of markets - confidence. That is where the criticism of Biden comes in. He talks a strong economy and pro business, but his actions say otherwise.
I agree. That is where the "cheerleader" part comes in.
So, I believe that my original point still holds.
The Republics do not automatically have better economic "cheerleaders" then the Democrats (and opposite is true also).
So saying that economic life under a Democrat president is always going to be better/worse than if it were a Republic president doesn't work for me. Especially now - the US is a smaller and smaller part of the world economy and yet, the US economy is more woven into the world economy.
US 1990's - tremendous economic growth. President Clinton's credit? Probably not.
China goes to zero COVID and locks down their country ( and supply chains) and 2020 economy tumbles. President Trump fault? Absolutely not.
China remains in zero COVID with continued lock downs and supply chain disruptions. President Biden fault? Not really.
Russia invades Ukraine and causes that situation. President Biden fault? No. (I know some people will say that .....if only President Trump were in power, Putin never would have done that. I dont believe that, and it is impossible to prove a negative, so it is a discussion nobody can win.)
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wrote on 15 Sept 2022, 10:55 last edited by
You may be selling it, but most of us ain't buyin'. In your worldview, the President makes no difference. If that be the case, we waste a lot of time and money on elections.
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wrote on 15 Sept 2022, 14:53 last edited by
I think TG is more interested in establishing to herself that nobody is able to convince her that presidents have a large impact on the economy. It's not about convincing anybody else of anything.
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wrote on 15 Sept 2022, 15:50 last edited by
I guess I am like that guy that ran after windmills!! 555
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I guess I am like that guy that ran after windmills!! 555
wrote on 15 Sept 2022, 16:26 last edited by@taiwan_girl said in Inflation's not so bad..:
I guess I am like that guy that ran after windmills!! 555
May I suggest a new avatar?
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T taiwan_girl referenced this topic on 24 Aug 2024, 01:41