RE: Perhaps Trump doesn't know that editorials are traditionally unsigned
09-08-2018, 01:26 PM (This post was last modified: 09-08-2018, 01:58 PM by Dartz.)
09-08-2018, 01:26 PM (This post was last modified: 09-08-2018, 01:58 PM by Dartz.)
>> Lets see, reasons for thinking he is doing a good job , (note I will have to find some links for this later
>> Over 4% GDP growth since his election, (not taking office, just that he was elected and promised to fix shit)
Most likely inertia. For one thing, the whole world economy is growing. For another, it takes years for policies to have an effect. The growth is basically the result of the previous administrations policies coming good. We have something of a similar situation here - the previous administration's measures laid the groundwork for the next. The next took credit for righting the ship.
The reality is that if you hit the ground hard enough, you'll bounce.
Although, as Apple's €13 billion has shown, with the heavily tech-related GPD we have - using GDP as a marker of economic performance is flawed at best.
>> Lowest unemployment in all brackets (including specifically minorities) in over 50 years both nationally and in 14 individual states.
We're in the same boat. Arguably, we're doing so well it's starting to look like 2006. Our economic policy is completely different. We're trading with everyone we can and then some. Buy our shit, we buy your shit. Look at our high quality food and cow parts, don't you want that? We want car parts cheap.
The whole EU is going like a rocket because we're not pissing off our trading partners, and furthermore, hoovering up the ones the US has pissed off.
(Also, as Robkelk pointed out below, Unemployment Stats are based on people looking for work who can't find work. People who aren't looking for work aren't included. This trick has been used to massage the figures for years here - and arguably still is. Unemployment is lower than at the peak of the economy in 2006 - but then again, out of a proportion of total working age people, people actually wanting work is lower)
>> Depending on the company, most people re sieved a 500 to 1000 dollar bonus from their jobs last year
Didn't get that. Company I work for had a shite year last year, but that was related to outside factors and a point of inflection in the market. We dealt. We're still alive.
>> Individual tax rates are down meaning we either get more back or don't pay as much in on taxes.
We have lower taxes than you. I'm in a zero tax band on my salary. But they're getting it in other ways, through VAT charges, through vehicle taxes, alcohol taxes, 'sin' taxes. Check your secondary charges, your 'stealth' taxes, or even the general price of goods. You're paying alright. Just somewhere else. Adding more money to the economy doesn't make people better off, it just increases prices.
We had this happen when the government had the great idea to match every 4 euro people put into a savings account with an extra euro. It worked great until every account matured at the same time and the resulting glut of money jerked prices up. So everyone felt richer for about five minutes. Tax cuts have the same effect - it's basic economics.
There's no such thing as a free lunch, and basic tax cuts and more circulating money usually mean pain elsewhere.
>> Removed the individual mandate and is still trying to get congress to repeal Obamacare
i dunno. Go to a public hospital here and I can pay a maximum of 800 euro iin a calender year for treatment -no matter how many times I go or what they do. Or have health insurance and pay less that the US for insurance and private care. Or how much less state (Taxpayer) money goes into either system and it more or less works. But no matter what you do with healthcare in the States you're getting ripped off. You're spending it in your taxes, and out of your personal money.
The real problem we have here is chronic overmanagement - someone started reforming the system along the line's of the UK's NHS in the mid 2000's but sort of had to stop so the job was left half finished and limping along.
Lets try just about any other country in the EU, which pays far less than the US does for healthcare and invariably has a better system with better outcomes. Germany - which has public services that even the most hardcore blue-nosed democrat would call filthy communism is running at a budget surplus. We're running at close to a budget surplus.
Most of which have systems similar to either Obamacare, or Medicare or a combination of both.
>> North Korea isn't launching missiles or making threats anymore, and might even get rid of their nukes
They got what they wanted which was attention and food. And apparently, they're carrying on merrily with the program. What's also happening is that the local states are starting to go behind America's back through back channels to sort their shit out in private. Which reduces American influence on the politics of the area.
> Got rid of the Iran deal and the Paris Climate Accord which were neither wanted nor agreed to properly.
The rest of the world quite liked the Iran deal. It kept fuel prices down (Bad for Russian and Saudi Arabia, good for people.). It gave Iran a reason to talk to people and was all-round a good idea. Noticed fuel prices rising lately? That might be why. I doubt it's a coincidence I'm paying maybe 10-20% more at the pumps because Trump pulled out of that deal. Are you?
As for the Paris Climate Accord, the recent drought this summer has sort of shown what bollocks that is. It's already too late to have an effect on climate - we've gone too far and the whole fuckjing thing is gonna titsup anyway. I'm keeping me Mazda.
>> Over 4% GDP growth since his election, (not taking office, just that he was elected and promised to fix shit)
Most likely inertia. For one thing, the whole world economy is growing. For another, it takes years for policies to have an effect. The growth is basically the result of the previous administrations policies coming good. We have something of a similar situation here - the previous administration's measures laid the groundwork for the next. The next took credit for righting the ship.
The reality is that if you hit the ground hard enough, you'll bounce.
Although, as Apple's €13 billion has shown, with the heavily tech-related GPD we have - using GDP as a marker of economic performance is flawed at best.
>> Lowest unemployment in all brackets (including specifically minorities) in over 50 years both nationally and in 14 individual states.
We're in the same boat. Arguably, we're doing so well it's starting to look like 2006. Our economic policy is completely different. We're trading with everyone we can and then some. Buy our shit, we buy your shit. Look at our high quality food and cow parts, don't you want that? We want car parts cheap.
The whole EU is going like a rocket because we're not pissing off our trading partners, and furthermore, hoovering up the ones the US has pissed off.
(Also, as Robkelk pointed out below, Unemployment Stats are based on people looking for work who can't find work. People who aren't looking for work aren't included. This trick has been used to massage the figures for years here - and arguably still is. Unemployment is lower than at the peak of the economy in 2006 - but then again, out of a proportion of total working age people, people actually wanting work is lower)
>> Depending on the company, most people re sieved a 500 to 1000 dollar bonus from their jobs last year
Didn't get that. Company I work for had a shite year last year, but that was related to outside factors and a point of inflection in the market. We dealt. We're still alive.
>> Individual tax rates are down meaning we either get more back or don't pay as much in on taxes.
We have lower taxes than you. I'm in a zero tax band on my salary. But they're getting it in other ways, through VAT charges, through vehicle taxes, alcohol taxes, 'sin' taxes. Check your secondary charges, your 'stealth' taxes, or even the general price of goods. You're paying alright. Just somewhere else. Adding more money to the economy doesn't make people better off, it just increases prices.
We had this happen when the government had the great idea to match every 4 euro people put into a savings account with an extra euro. It worked great until every account matured at the same time and the resulting glut of money jerked prices up. So everyone felt richer for about five minutes. Tax cuts have the same effect - it's basic economics.
There's no such thing as a free lunch, and basic tax cuts and more circulating money usually mean pain elsewhere.
>> Removed the individual mandate and is still trying to get congress to repeal Obamacare
i dunno. Go to a public hospital here and I can pay a maximum of 800 euro iin a calender year for treatment -no matter how many times I go or what they do. Or have health insurance and pay less that the US for insurance and private care. Or how much less state (Taxpayer) money goes into either system and it more or less works. But no matter what you do with healthcare in the States you're getting ripped off. You're spending it in your taxes, and out of your personal money.
The real problem we have here is chronic overmanagement - someone started reforming the system along the line's of the UK's NHS in the mid 2000's but sort of had to stop so the job was left half finished and limping along.
Lets try just about any other country in the EU, which pays far less than the US does for healthcare and invariably has a better system with better outcomes. Germany - which has public services that even the most hardcore blue-nosed democrat would call filthy communism is running at a budget surplus. We're running at close to a budget surplus.
Most of which have systems similar to either Obamacare, or Medicare or a combination of both.
>> North Korea isn't launching missiles or making threats anymore, and might even get rid of their nukes
They got what they wanted which was attention and food. And apparently, they're carrying on merrily with the program. What's also happening is that the local states are starting to go behind America's back through back channels to sort their shit out in private. Which reduces American influence on the politics of the area.
> Got rid of the Iran deal and the Paris Climate Accord which were neither wanted nor agreed to properly.
The rest of the world quite liked the Iran deal. It kept fuel prices down (Bad for Russian and Saudi Arabia, good for people.). It gave Iran a reason to talk to people and was all-round a good idea. Noticed fuel prices rising lately? That might be why. I doubt it's a coincidence I'm paying maybe 10-20% more at the pumps because Trump pulled out of that deal. Are you?
As for the Paris Climate Accord, the recent drought this summer has sort of shown what bollocks that is. It's already too late to have an effect on climate - we've gone too far and the whole fuckjing thing is gonna titsup anyway. I'm keeping me Mazda.
Oh sweet meteor of death
Fall upon us.
Deliver us in fire
To Peace everlasting.
Fall upon us.
Deliver us in fire
To Peace everlasting.