Lumpy 1
Diamond Member
- Jun 19, 2009
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I'm watching a hockey game.. Sharks just tied it up.
How many countries does Trump plan on running
- Thread starter ElmerMudd
- Start date
And you believe you and trump have credibility. trump definitely doesn't have any and I have real doubts about you. Credibility requires accountability. His cult doesn't hold him accountable so there's no credibility. As we see everything falling apart.
IM2
Diamond Member
- Mar 11, 2015
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The Next President Inherits a Remarkable Economy
Source: By Greg Ip, Wall Street Journal •Posted: Thursday, October 31, 2024
With another solid performance in the third quarter, the U.S. has grown 2.7% over the past year. It is outrunning every other major developed economy, not to mention its own historical growth rate.
More impressive than the rate of growth is its quality. This growth didn’t come solely from using up finite supplies of labor and other resources, which could fuel inflation. Instead, it came from making people and businesses more productive.
This combination, if sustained, will be a wind at the back of the next president. Three of the past four newcomers to the White House took office in or around a recession (the exception was Donald Trump, in 2017), which consumed much of their first-term agenda. The next president should be free of that burden.
Meanwhile, higher productivity growth should make the economy a bit less prone to inflation, more capable of sustaining budget deficits, and more likely to deliver strong wages. All would be a boon to President Trump or President Kamala Harris.
To describe this economy as remarkable would strike most Americans as confusing, if not insulting. In the latest WSJ poll, 62% of respondents rated the economy as “not so good” or “poor,” which explains the lack of any political dividend for President Biden. There are many reasons for the disconnect, most important the high inflation of 2021-23, whose effects still linger.
When you’re unhappy at home, you can gain some perspective by checking in on your neighbors. The whole world has been through the wringer since 2020; any country’s performance alone is less revealing than how it compares with its peers.
Most leaders from around the world would trade their economies for the U.S.’s in a heartbeat. Through the second quarter, the U.S. grew 3%; none of the world’s next six largest advanced economies grew more than 1%. Even China is struggling.
Sometimes strong growth is a prelude to a recession because it comes from straining the economy’s capacity, generating inflation and forcing the Federal Reserve to raise rates.
Yet inflation has fallen in the past year, to 2.7% in the third quarter, using the Fed’s preferred underlying measure. That’s still above the Fed’s 2% target, but the progress was sufficient for the Fed to cut rates in September and pencil in more cuts—all without growth flagging.
The Next President Inherits a Remarkable Economy - Governors' Wind Energy Coalition
governorswindenergycoalition.org
That's what Biden handed Trump. What we see now is not progress.
IM2
Diamond Member
- Mar 11, 2015
- 113,238
- 142,132
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Wrong.Sadly your truths are lies, poor fellow.
jknowgood
Diamond Member
North Korea next?
Thinker101
Diamond Member
- Mar 25, 2017
- 28,166
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It's even worse than it appears. Trump's ' lies on.the economy don't help either.The Next President Inherits a Remarkable Economy
Source: By Greg Ip, Wall Street Journal •
Posted: Thursday, October 31, 2024
With another solid performance in the third quarter, the U.S. has grown 2.7% over the past year. It is outrunning every other major developed economy, not to mention its own historical growth rate.
More impressive than the rate of growth is its quality. This growth didn’t come solely from using up finite supplies of labor and other resources, which could fuel inflation. Instead, it came from making people and businesses more productive.
This combination, if sustained, will be a wind at the back of the next president. Three of the past four newcomers to the White House took office in or around a recession (the exception was Donald Trump, in 2017), which consumed much of their first-term agenda. The next president should be free of that burden.
Meanwhile, higher productivity growth should make the economy a bit less prone to inflation, more capable of sustaining budget deficits, and more likely to deliver strong wages. All would be a boon to President Trump or President Kamala Harris.
To describe this economy as remarkable would strike most Americans as confusing, if not insulting. In the latest WSJ poll, 62% of respondents rated the economy as “not so good” or “poor,” which explains the lack of any political dividend for President Biden. There are many reasons for the disconnect, most important the high inflation of 2021-23, whose effects still linger.
When you’re unhappy at home, you can gain some perspective by checking in on your neighbors. The whole world has been through the wringer since 2020; any country’s performance alone is less revealing than how it compares with its peers.
Most leaders from around the world would trade their economies for the U.S.’s in a heartbeat. Through the second quarter, the U.S. grew 3%; none of the world’s next six largest advanced economies grew more than 1%. Even China is struggling.
Sometimes strong growth is a prelude to a recession because it comes from straining the economy’s capacity, generating inflation and forcing the Federal Reserve to raise rates.
Yet inflation has fallen in the past year, to 2.7% in the third quarter, using the Fed’s preferred underlying measure. That’s still above the Fed’s 2% target, but the progress was sufficient for the Fed to cut rates in September and pencil in more cuts—all without growth flagging.
The Next President Inherits a Remarkable Economy - Governors' Wind Energy Coalition
That's what Biden handed Trump. What we see now is not progress.
Lumpy 1
Diamond Member
- Jun 19, 2009
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See you around Stann, try not to be so predictable .
Thinker101
Diamond Member
- Mar 25, 2017
- 28,166
- 20,519
- 2,415
BrokeLoser
Diamond Member
Yep…you failed to stop him from shutting down the border, from eradicating millions of brown human cockroaches, from cutting taxes for our best citizens, for ending tax on tips and overtime, from cutting inflation and raising wages, from forcing other nations to pay their fair share, from blowing up the stock market and cutting fuel costs, from pulling men from women's athletics, from destroying DEi initiatives, from cutting funding to indoctrination centers/colleges, from cutting woke from our military and blowing up recruitment…Yeah, ya’ll really phucked up and failed to stop him from improving America for good real core Americans.
TNHarley
pknopp
buttercup
MisterBeale
gipper
EMH
CrusaderFrank
Trump is isolating our enemies and depriving them of allies. This is classic cold war strategy.
meaner gene
Diamond Member
- Feb 11, 2017
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This in't Trump's first rodeo.
If he doesn't know how hard the bronco is going to buck, he shouldn't put his chaps on.
meaner gene
Diamond Member
- Feb 11, 2017
- 25,831
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Cold war strategy tries to do more damage to the enemy, than their own country.
Our economy is getting flushed down the toilet with Trumps latest $1 billion a day war against a country half the size of Europe.
Lumpy 1
Diamond Member
- Jun 19, 2009
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"bronco" ..
.. rabid weasels is more like it..
- Sep 16, 2012
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I can't believe you are still playing partisan games and do not get how much trouble we are in.
. . . well, maybe I can. You are as bright as the folks that are still standing by Trump, you are both the same.
"It" controls both parties. There is a reason the DNC could not/wasn't allowed to field a competent candidate which sane intelligent Americans would vote for.
I'd explain further, but it is clear to me that would be a waste of time.
- Sep 16, 2012
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"the Pedocrat Cult," as you so eloquently put it, holds sway on both parties.
Only fools don't understand that Trump is their. . . . . "5D chess," player here.
- Sep 16, 2012
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Of course he isn't running them.
But the same power that controls Trump is the one that IS running them.
- Sep 16, 2012
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The folks that are running both parties did not give Elmer the chance.
"They" haven't given people a say about who the DNC nominates for president since maybe the Obama/Hillary run off?
As many as it takes....
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