If Trump wins, The Biden-Harris "strong economy" will suddenly become the Trump Recession

[AntonToo]

89% believe we are in a period of rampant inflation because, well, we are.

Dumbass did you just seriously say that 2.X% is rampant inflation?

 

[Skylar]

It will be amusing to see how quickly the mainstream media switches gears regarding the economy should Trump win.
We will suddenly see news stories about single mothers struggling to feed their children during the "Trump Recession".
The homeless junkie Democrats in San Fran will suddenly become photogenic again.

The people watching CNN at the doctor's office will soon see concerned anchors talking about the national debt and the
failure of the Trump admin to secure the border. Perhaps, they will be at the doctors because they got whiplash from watching the
media spin 180 degrees?

Trump's policies will make inflation worse, not better. Says who? Says 16 Nobel Prize winning economists. And the tariffs that Trump has proposed (60% against China, 20% on everyone else), higher than anything since the Smoot-Hawley tariff act that immediately preceded the Great Depression....would be paid by Americans. Not China, as Trump insisted.

The economy that Biden-Harris shepherded is rockin. The stock market is sky high. Unemployment is low. Inflation is under control. Oil production is at an all time high, manufacturing is up. We have the strongest developed economy in the world.

And Trump could very well **** that up.

The pattern we've followed for the last couple of decades is Republicans ******* up an economy. And Democrats having to clean up their messes. Bush's economy was in the shitter, CLinton cleaned it up. GW's economy was in the shitter. Obama cleaned it up. Trump's economy was in the shitter. Biden cleaned it up.

 

[AntonToo]

The recession is 2 years old....
So is their lying about it.

Ignoramus recession is technically defined as 2+ quarters of consecutive GDP drop.

In the last two years GDP did nothing but grow, employment greatly expanded, stock market set record after record and inflation came back down to normal.

If Trump was the president he would be claiming that is the most amazing economy evah.

So you are plainly full of shit.

 

[Skylar]

Ignoramus recession is technically defined as 2+ quarters of consecutive GDP drop.

In the last two years GDP did nothing but grow, so you are full of shit.

That's the 'back of the napkin' definition. Formally, a recession is an economic slowdown recognized as a recession by the NBER, and encompasses many more factors than simply GDP growth -though GDP is a big, big part of it.

The last recession we had was Q1 of 2020.

 

[AntonToo]

That's the 'back of the napkin' definition. Formally, a recession is an economic slowdown recognized as a recession by the NBER, and encompasses many more factors than simply GDP growth -though GDP is a big, big part of it.

The last recession we had was Q1 of 2020.

There is no definition by which economy did anything but grow in the last two years.

 

[Thinker101]

Ignoramus recession is technically defined as 2+ quarters of consecutive GDP drop.

In the last two years GDP did nothing but grow, employment greatly expanded, stock market set record after record and inflation came back down to normal.

If Trump was the president he would be claiming that is the most amazing economy evah.

So you are plainly full of shit.

Yep, that is the technical definition, except when it happened under Biden. Then you fricken idiots, in your typical stupidity, wanted to change the definition.

 

[Skylar]

There is no definition by which economy did anything but grow in the last two years.

Oh Just is completely full of shit. Growth per quarter has vacillated between 2 and 4 percent a quarter.

 

[kyzr]

Right. Just look at the way he's managed Twitter. And it only cost his 44 Billion.

Look at ALL of the companies he owns and manages.

If Elon can cut $1T or $2T from the bloated Budget that would save the US dollar.

 

[Skylar]

Look at ALL of the companies he owns and manages.

If Elon can cut $1T or $2T from the bloated Budget that would save the US dollar.

And twitter is bleeding money. Tesla's earnings have plunged. Space X might be doing well.....but as they are privately owned, data isn't available.

 

[kyzr]

Remember, we know Trump was responsible for the high energy prices, because he bragged about creating high energy prices. And the record high US oil production under Biden demonstrates that the "war on energy" conspiracy theory is delusional.

1. Trump was responsible for LOW energy prices. Don't make me put up that graph again. Oil was so low that Trump topped off the Strategic Petroleum Reserve, that Biden sold off to China, traitor.

Which Presidents Filled And Depleted The Strategic Petroleum Reserve?

The Strategic Petroleum Reserve (SPR) was established to protect against oil supply disruptions. This article examines which presidents have filled or depleted the SPR.

www.forbes.com

2. Trump NEVER bragged about high energy prices, he bragged that he made Iran and Putin poor because oil was so cheap under Trump. (Biden gave Iran and Putin cash to make trouble with high oil prices with his "war on energy")

3. Record oil production under Biden has nothing to do with Biden, it is happening in spite of Biden's "war on energy".

 

[kyzr]

And twitter is bleeding money. Tesla's earnings have changed. Space X might be doing well.....but as they are privately owned, data isn't available.

Got a link showing "X" is bleeding money? Elon knows how to turn a profit. X may buy Trump's "Truth Social" for a few $billion. The guy has balls made of stainless steel.

The Complete List of Elon Musk Companies

Musk founded quite a few companies most people are familiar with, but not everyone knows the role Musk has played in their success.

www.thomasnet.com

 

[Skylar]

Got a link showing "X" is bleeding money? Elon knows how to turn a profit. X may buy Trump's "Truth Social" for a few $billion. The guy has balls made of stainless steel.

The Complete List of Elon Musk Companies

Musk founded quite a few companies most people are familiar with, but not everyone knows the role Musk has played in their success.

www.thomasnet.com

By Fidelity's estimate of the value of their own investment in Twitter, they've lost 80% of their value.

"That new estimate marks a 24% drop in value from what Fidelity estimated as of the end of July. And it represents a staggering decline of 79% from the $19.66 million that Fidelity estimated the shares were worth in October 2022 when Musk acquired Twitter."

https://www.cnn.com/2024/10/02/business/elon-musk-twitter-x-fidelity/index.html

With marketers planning the steepest pull back in planned ads of any major global brand.

A recent global survey by Kantar found that a net 26% of marketers plan to decrease their spending on X next year, the steepest pullback from any major global ad platform. Just 4% of advertisers said they think X ads provide “brand safety” (certainty that their ads won’t appear near extreme content), compared with 39% at Google.

https://www.cnn.com/2024/10/02/business/elon-musk-twitter-x-fidelity/index.html

And that's AFTER a massive reduction in ads spends from from 2022 to 2023:

Last year, the site brought in an estimated $2.5 billion in advertising revenue, which was roughly half the amount it earned in 2022. Ad sales make up between 70% and 75% of X’s total revenue.

X sees its value drop more than 75% since Elon Musk's takeover | Fortune

Newly released disclosure report from Fidelity give some insight.

fortune.com

How, pray tell, does Twitter make money with dwindling ads dollars? Cut in HALF from 2022 to 2023, with another 25% cut planned for next year per marketers polled. And Elon telling his advertisers to 'go **** themselves' if they pull ads dollars.

Quite the tantrum. That's sound management?

And lets apply your standards to your own argument. How do you know that the privately held companies that Elon owns are well managed and making money? There are no charts or data coming out of them directly.

 

[kyzr]

By Fidelity's estimate of the value of their own investment in Twitter, they've lost 80% of their value.

"That new estimate marks a 24% drop in value from what Fidelity estimated as of the end of July. And it represents a staggering decline of 79% from the $19.66 million that Fidelity estimated the shares were worth in October 2022 when Musk acquired Twitter."

With marketers planning the steepest pull back in planned ads of any major global brand.

A recent global survey by Kantar found that a net 26% of marketers plan to decrease their spending on X next year, the steepest pullback from any major global ad platform. Just 4% of advertisers said they think X ads provide “brand safety” (certainty that their ads won’t appear near extreme content), compared with 39% at Google. And that's AFTER a massive reduction in ads spends from from 2022 to 2023:

Last year, the site brought in an estimated $2.5 billion in advertising revenue, which was roughly half the amount it earned in 2022. Ad sales make up between 70% and 75% of X’s total revenue.

How, pray tell, does Twitter make money with dwindling ads dollars? Cut in HALF from 2022 to 2023, with another 25% cut planned for next year per marketers polled. And Elon telling his advertisers to 'go **** themselves' if they pull ads dollars. Quite the tantrum. That's sound management?

And lets apply your standards to your own argument. How do you know that the privately held companies that Elon owns are well managed and making money? There are no charts or data coming out of them directly.

Yeah okay, since they are privately held we don't know much.

We do know that Musk is the richest guy on Earth, so he can run is companies however he wants to.

For example, he may think that breaking the hold the FBI had on Twitter was worth a few $billion.
Less government propaganda and more free speech is a good thing.

 

[initforme]

It will be amusing to see how quickly the mainstream media switches gears regarding the economy should Trump win.
We will suddenly see news stories about single mothers struggling to feed their children during the "Trump Recession".
The homeless junkie Democrats in San Fran will suddenly become photogenic again.

The people watching CNN at the doctor's office will soon see concerned anchors talking about the national debt and the
failure of the Trump admin to secure the border. Perhaps, they will be at the doctors because they got whiplash frway? om watching the
media spin 180 degrees?

As it should be. That's the way it works in our political system. Do you want people to see it any other way? If you're the potus , the economy is yours before you take oath. I give the new potus 3 weeks to turn things around or they will lose my support.

 

[DonGlock26]

Trump's policies will make inflation worse, not better. Says who? Says 16 Nobel Prize winning economists. And the tariffs that Trump has proposed (60% against China, 20% on everyone else), higher than anything since the Smoot-Hawley tariff act that immediately preceded the Great Depression....would be paid by Americans. Not China, as Trump insisted.

The economy that Biden-Harris shepherded is rockin. The stock market is sky high. Unemployment is low. Inflation is under control. Oil production is at an all time high, manufacturing is up. We have the strongest developed economy in the world.

And Trump could very well **** that up.

The pattern we've followed for the last couple of decades is Republicans ******* up an economy. And Democrats having to clean up their messes. Bush's economy was in the shitter, CLinton cleaned it up. GW's economy was in the shitter. Obama cleaned it up. Trump's economy was in the shitter. Biden cleaned it up.

Why didn't the "16 Nobel Prize winning economists" tell Biden how to make the US economy the best in Human History?

 

[DonGlock26]

There was no Faucis virus and Trump won't make gas cheap.

Didn't the US help to fund virus research in Red China?

Understanding the Risk of Bat Coronavirus Emergence
Project Number
1R01AI110964-01
Contact PI/Project Leader
DASZAK, PETER
Awardee Organization
ECOHEALTH ALLIANCE, INC.

RePORT 〉 RePORTER

reporter.nih.gov

Gas was cheap during Trump's first term.

 

[Skylar]

Why didn't the "16 Nobel Prize winning economists" tell Biden how to make the US economy the best in Human History?

They have differing opinions on how to improve the economy. They are unanimous that Trump's policies would **** it up.

Our economy right now is doing great. Low unemployment, inflation under control, real wages up, manufacturing up, stock market up, GDP growth strong.

We're currently the strongest developed economy in the world, by quite a bit.

 

[initforme]

We've never had s harder working workforce than we do today. So there's no excuses for the next potus. Hire this new generation and they will prove to be the far greatest generation ever. Most dedicated hardest working this nation has ever seen.

 

[DonGlock26]

They have differing opinions on how to improve the economy. They are unanimous that Trump's policies would **** it up.

Our economy right now is doing great. Low unemployment, inflation under control, real wages up, manufacturing up, stock market up, GDP growth strong.

We're currently the strongest developed economy in the world, by quite a bit.

Do they? Where is your proof?

 

[DonGlock26]

As it should be. That's the way it works in our political system. Do you want people to see it any other way? If you're the potus , the economy is yours before you take oath. I give the new potus 3 weeks to turn things around or they will lose my support.

3 weeks? You are very generous.