Trump lies are unraveling ... New data challenges Trump's economic narrative

Discussion in 'Politics' started by Denizen, Aug 25, 2019.

  1. Daryl Hunt
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    Daryl Hunt Your Worst Nightmare Gold Supporting Member Supporting Member

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    Probably the biggest thing to feed the Great Depression was the Smoot-Hawley Tariff Act, in June 1930. It resembles Trumps Tariffs to the letter. And the rest of the world (especially the EU) is starting to push back.

    The Smoot-Hawley Tariff Led to a Dramatic Decline in US Trade

    Then there was to collapse of the Banks but FDIC prevents that from happening (FDR) for the most part. The Buyout of the Banks in 2009 was also another reason we didn't go into a Depression instead of a short recession.

    Here is more good reading.
    https://www.cland.k12.ky.us/userfiles/13/classes/441/5causesofthegreatdepression.pdf?id=8459

    Okay, you rumps, educate yourself. I just gave you the tools.
     
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  2. Mac1958
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    Mac1958 Diamond Member

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    No, I don't deny that. That's the shitty state of our politics right now. The GOP and talk radio rooted against Obama.

    Peas in a pod.

    You wingers are killing us.
    .
     
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    Last edited: Aug 26, 2019
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Who's this 'Obama' guy you keep talking about?
     
  4. mudwhistle
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    mudwhistle Diamond Member

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    It's only Obama's economy till they're able to cause it to have a downturn....then it's Trump's economy.
    But as long as things are going well, Obama deserves full credit for other people's accomplishments.
    And if everything goes to shit.....well...Obama is out golfing.
    It's just like when Obama was in office.
     
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  5. mudwhistle
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    mudwhistle Diamond Member

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    He was a disorganized-crime figure and terrorist supporter who helped Iran get stealth drones so they could attack Israel.
     
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  6. mudwhistle
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    mudwhistle Diamond Member

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    Oh, so you're one of those dishonest folk that think a president cannot sign EOs that take effect immediately?

    Heck....Obama raised excise-taxes on goods and services within his first week, breaking his promise not to raise taxes on the poor. That had immediate effect on the economy. Trump was busy reversing much of the damage that Obama caused and did alot of it in the first 100 days.

    So WTF? Obama actually tried to take credit for the effects of that tax-cut.......saying that all of the good things were only happening because Obama started it moving. That was what you penis-breath Mofos were trying to say before the left started this recession campaign.
     
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  7. ABikerSailor
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    ABikerSailor Diamond Member

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    I wasn't asked about EO's, I was asked what date it went from the Obama economy to the Trump economy, and that date was 1 Jan, 2018, when the tax plan went into effect. Ever since that day, it has firmly been Trump's economy. Obama didn't have any say in what was in that bill, or if it went into effect.

    So, knock it off with the "Obama economy" bullshit.
     
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  8. lantern2814
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    lantern2814 Gold Member

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    Well since its only YOUR side that keeps trying to give Obozo credit for all Trump has done tell your people to knock it off. Obozo himself keeps trying to take credit for everything.
     
  9. BluesLegend
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    BluesLegend Diamond Member

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    They flip flop on this daily
     
  10. ABikerSailor
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    ABikerSailor Diamond Member

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    To tell you the truth, the only time I hear sneering remarks about "Obama's economy" is when it's coming from conservatives.
     
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