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The New Coffee Room

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  3. The economic record

The economic record

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  • jon-nycJ jon-nyc

    Facts don’t care about your feelings, Jolly.

    JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #7

    @jon-nyc said in The economic record:

    Facts don’t care about your feelings, Jolly.

    Facts are always considered in light of events. To do otherwise is disingenuous.

    “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

    Catseye3C 1 Reply Last reply
    • JollyJ Jolly

      @jon-nyc said in The economic record:

      Facts don’t care about your feelings, Jolly.

      Facts are always considered in light of events. To do otherwise is disingenuous.

      Catseye3C Offline
      Catseye3C Offline
      Catseye3
      wrote on last edited by
      #8

      @Jolly said in The economic record:

      Facts are always considered in light of events. To do otherwise is disingenuous.

      What does this even mean? Facts are facts. If something changes in light of an event, then it wasn't a fact, it was something else -- a projection, a supposition, an educated guess, whatever.

      It would be truer to say that events are considered (whatever "considered" means in this case) in light of the facts. Though that probably isn't always true, either.

      Success is measured by your discipline and inner peace. – Mike Ditka

      JollyJ 1 Reply Last reply
      • Catseye3C Catseye3

        @Jolly said in The economic record:

        Facts are always considered in light of events. To do otherwise is disingenuous.

        What does this even mean? Facts are facts. If something changes in light of an event, then it wasn't a fact, it was something else -- a projection, a supposition, an educated guess, whatever.

        It would be truer to say that events are considered (whatever "considered" means in this case) in light of the facts. Though that probably isn't always true, either.

        JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by Jolly
        #9

        @Catseye3 said in The economic record:

        @Jolly said in The economic record:

        Facts are always considered in light of events. To do otherwise is disingenuous.

        What does this even mean? Facts are facts. If something changes in light of an event, then it wasn't a fact, it was something else -- a projection, a supposition, an educated guess, whatever.

        It would be truer to say that events are considered (whatever "considered" means in this case) in light of the facts. Though that probably isn't always true, either.

        Take WW2 out of it, and FDR was an economic failure.

        “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
        • jon-nycJ jon-nyc

          Yeah Covid. But these are the facts:

          If Trump's term were to end today his economic record would be as follows:

          1. 1.37% avg annual GDP, the lowest ever for a President.

          2. 800,000 lost jobs. The most by any President over his term.

          3. $7 Trillion increase in the national debt, the largest ever.

          CopperC Offline
          CopperC Offline
          Copper
          wrote on last edited by
          #10

          @jon-nyc said in The economic record:

          Yeah Covid. But these are the facts:

          If Trump's term were to end today his economic record would be as follows:

          1. 1.37% avg annual GDP, the lowest ever for a President.

          2. 800,000 lost jobs. The most by any President over his term.

          3. $7 Trillion increase in the national debt, the largest ever.

          This list seems somehow incomplete.

          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by jon-nyc
            #11

            True. But GDP, Jobs, and Debt are certainly 3 of the top...thinking on the fly... 6 metrics maybe?

            I'd add trade deficit (he was record bad), inflation (good) and market (good).

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • jon-nycJ jon-nyc

              Yeah Covid. But these are the facts:

              If Trump's term were to end today his economic record would be as follows:

              1. 1.37% avg annual GDP, the lowest ever for a President.

              2. 800,000 lost jobs. The most by any President over his term.

              3. $7 Trillion increase in the national debt, the largest ever.

              George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #12

              @jon-nyc said in The economic record:

              800,000 lost jobs. The most by any President over his term.

              October's numbers show 685K new jobs.

              Does your comment include those?

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              George KG 1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by Jolly
                #13

                Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                “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

                George KG 1 Reply Last reply
                • JollyJ Jolly

                  Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                  George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by
                  #14

                  @Jolly said in The economic record:

                  Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                  I think Jon's looking at it over the years of his presidency.

                  Overall, he's probably right, when you average it out. 2020 was disastrous.

                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                  JollyJ MikM 2 Replies Last reply
                  • George KG George K

                    @Jolly said in The economic record:

                    Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                    I think Jon's looking at it over the years of his presidency.

                    Overall, he's probably right, when you average it out. 2020 was disastrous.

                    JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #15

                    @George-K said in The economic record:

                    @Jolly said in The economic record:

                    Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                    I think Jon's looking at it over the years of his presidency.

                    Overall, he's probably right, when you average it out. 2020 was disastrous.

                    And it has been that way over most, if not all, if the First World.

                    But Trump...

                    “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
                    • AxtremusA Offline
                      AxtremusA Offline
                      Axtremus
                      wrote on last edited by
                      #16

                      You can, for example, compare the percentage changes in those economic metrics between the US and other advanced economies.

                      George KG 1 Reply Last reply
                      • AxtremusA Axtremus

                        You can, for example, compare the percentage changes in those economic metrics between the US and other advanced economies.

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #17

                        @Axtremus said in The economic record:

                        You can, for example, compare the percentage changes in those economic metrics between the US and other advanced economies.

                        OK. You made the claim.

                        Have at it.

                        And no, I'm not going to do your homework for you.

                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                        1 Reply Last reply
                        • AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #18

                          I’m also not planning on doing that homework either.
                          Then again, I’m not the one arguing against the comparisons @jon-nyc posted.

                          George KG JollyJ 2 Replies Last reply
                          • AxtremusA Axtremus

                            I’m also not planning on doing that homework either.
                            Then again, I’m not the one arguing against the comparisons @jon-nyc posted.

                            George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #19

                            @Axtremus said in The economic record:

                            I’m also not planning on doing that homework either.

                            alt text

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            1 Reply Last reply
                            • George KG George K

                              @Jolly said in The economic record:

                              Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                              I think Jon's looking at it over the years of his presidency.

                              Overall, he's probably right, when you average it out. 2020 was disastrous.

                              MikM Away
                              MikM Away
                              Mik
                              wrote on last edited by
                              #20

                              @George-K said in The economic record:

                              @Jolly said in The economic record:

                              Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                              I think Jon's looking at it over the years of his presidency.

                              Overall, he's probably right, when you average it out. 2020 was disastrous.

                              And would have been disastrous regardless of who was in government.

                              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                              JollyJ 1 Reply Last reply
                              • AxtremusA Axtremus

                                I’m also not planning on doing that homework either.
                                Then again, I’m not the one arguing against the comparisons @jon-nyc posted.

                                JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #21

                                @Axtremus said in The economic record:

                                I’m also not planning on doing that homework either.
                                Then again, I’m not the one arguing against the comparisons @jon-nyc posted.

                                Calhoun don't want that ball!

                                “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
                                • MikM Mik

                                  @George-K said in The economic record:

                                  @Jolly said in The economic record:

                                  Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                                  I think Jon's looking at it over the years of his presidency.

                                  Overall, he's probably right, when you average it out. 2020 was disastrous.

                                  And would have been disastrous regardless of who was in government.

                                  JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #22

                                  @Mik said in The economic record:

                                  @George-K said in The economic record:

                                  @Jolly said in The economic record:

                                  Growth of 33.9% for the last quarter, wasn't it? I could be wrong...

                                  I think Jon's looking at it over the years of his presidency.

                                  Overall, he's probably right, when you average it out. 2020 was disastrous.

                                  And would have been disastrous regardless of who was in government.

                                  And most sentient beings without an ad to grind, know it.

                                  “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
                                  • jon-nycJ Online
                                    jon-nycJ Online
                                    jon-nyc
                                    wrote on last edited by
                                    #23

                                    The depression would have sucked for any president.

                                    It shows up in Hoover’s stats.

                                    Them’s the breaks.

                                    Only non-witches get due process.

                                    • Cotton Mather, Salem Massachusetts, 1692
                                    1 Reply Last reply
                                    • George KG George K

                                      @jon-nyc said in The economic record:

                                      800,000 lost jobs. The most by any President over his term.

                                      October's numbers show 685K new jobs.

                                      Does your comment include those?

                                      George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by George K
                                      #24

                                      @George-K said in The economic record:

                                      @jon-nyc said in The economic record:

                                      800,000 lost jobs. The most by any President over his term.

                                      October's numbers show 685K new jobs.

                                      Does your comment include those?

                                      Does that mean 115K jobs lost?

                                      Does that still mean the most by any President over his term?

                                      ETA: Trump still has (presumably) about 2 months in his term. Isn't it a bit premature to pull that trigger?

                                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                      1 Reply Last reply
                                      • LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #25

                                        Biden will get credit for the jobs recovery AND Social Security solvency since most of our seniors will be gone and there won’t be as much to pay out...

                                        The Brad

                                        L JollyJ 2 Replies Last reply
                                        • LuFins DadL LuFins Dad

                                          Biden will get credit for the jobs recovery AND Social Security solvency since most of our seniors will be gone and there won’t be as much to pay out...

                                          L Offline
                                          L Offline
                                          Loki
                                          wrote on last edited by
                                          #26

                                          @LuFins-Dad said in The economic record:

                                          Biden will get credit for the jobs recovery AND Social Security solvency since most of our seniors will be gone and there won’t be as much to pay out...

                                          Biden will be remembered most for being a place holder to try and get Kamala elected as long as we are being honest.

                                          Doctor PhibesD George KG 2 Replies Last reply
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