The Deeper Than Partisan Trump Economy Fundamental Problem

mascale

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Feb 22, 2009
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Opposition To The Trump White House: Is not just the Democrats anymore. Two Republican Senators--so far--are finding the Presidential Discussion tape questionable. The so-called Trump Nobel Peace Prize degenerated into a North Korean missile launch, apparently from a submarine. Another Bully is about to be unleashed on the planet instead--and one in Turkey allowed to kill off Kurds.

So Democrats and Republicans alike are taken aback by the White House "Quid Pro Quo" disasters. The headline is about the request of the Ukraine President to initiate some nature of worldwide investigation in the Vice President Biden, apparently with backing from China(?). Then making no headlines are the apparently bald-faced lies to North Korea for the reduction of sanctions, and opening up economic material assistance. So now they park a sub in the nearby Gulf of Alaska: Making any nukes then ICBM. Then there are the bald-face lies to Europe. Then there are the bald-faced lies to the Kurds. In all that there is even a White House claim to a Nobel Peace Prize.

Back come the Democrats: Even with a concept of "Financial Inclusion" then likely in the works. Unemployment rates are down, but financial inclusion has not been up since the First Adjustable Mortgages appeared in the Second Bush White House. New Testament Matthew 25:14-30 was applied even then, by the Republicans, and is still in play. Successively lower incomes got "Cast into Outer Darkness," from the usury outcome. The various Democratic Party presidential candidates: Are addressing another form of inequality: Financial Well-Being Disparity. From the Foreclosure Crisis--Entire City Governments are basically unable to find the worthless mortgage paper--sent around in bundles--to buy back blighted property.

That has been able to resonate since 1932.

Democrat President Barack Obama--Arab names are often associated with arithmetic and numbers--Created the Make Work Pay Refundable Income Tax Credit--$400 per adult filer: In the Stimulus package. The Bush White House had been unable to notice that the old Keynesian formulas were no longer. Famous expert, John Kenneth Galbraith had even noted that the Reagan-deficits were not Keynesian.

The Republicans had leaned by the time of Reagan: How to send federal deficit bucks to the already prosperous: The Defense Contractors.

Then the Bush White Houses failed to notice that lower income tax filers had no federal income tax liabilities. Tax Cuts couldn't work anymore

Obama made them "Refundable," and so the "Financial Inclusion" of the Make Work Pay credit worked. The Republicans took it away as soon as they could. The Republicans took arithmetic from New Testament--Matthew 20:1-16: Out of the USA forever(?). (See for example, Trump Tax Cuts For The Rich, and North Korean nuclear sub capability!)

The Trump Republicans are back already sending deficit bucks to the already prosperous.

At the same time: Foreign Policy disasters are mounting into even economic contractions The Trade Wars are usury arithmetic all over again. (See USA 1930-1941), USA 2002-2009, USA 2020 going forward, according to some.

"Crow, James Crow: Shaken, Not Stirred!"
(Many White Eyes known to answer silly questions(?)!)
 
Chase Bank CEO – This Is The Most Prosperous Economy The World Has Ever Seen.

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Chase Bank CEO Jamie Dimon had news that Leslie Stahl, the CBS host of 60 Minutes, did not want to hear: This is the most prosperous economy the world has ever seen. Though she worked hard at trying to knock him off his statement, it did not work.

Here is a partial transcript of the interview with Chase Bank CEO Jamie Dimon according to CBS:

Lesley Stahl: The stock market is going through the roof, and yet manufacturing production is down over the past year. Wage growth is slowing. So when you look at the state of the economy right now, what do you see? Do you see strength? Do you see petering out?

Jamie Dimon: The consumer, which is 70% of the U.S. economy, is quite strong. Confidence is very high. Their balance sheets are in great shape. And you see that the strength of the American consumer is driving the American economy and the global economy. And while business slowed down, my current view is that, no, it just was a slowdown, not a petering out.

Lesley Stahl: You sound pretty optimistic about the economy.

Jamie Dimon: Yeah. Well, I am.

Lesley Stahl: Well what about the issue of unpredictability right now on the economy. Is that worrisome to you. It must be worrisome to every businessman in the country.

Jamie Dimon:The world is unpredictable. I think it’s a mistake.

Lesley Stahl: Well, more unpredictable than usual.

Jamie Dimon: No. If you look at history, if you take a newspaper and open it at any month of any year, you’d have the same list of hugely unpredictable things.

Lesley Stahl: Why doesn’t it feel that way? Why does it feel as if we were in a particularly uncertain time?

Jamie Dimon: Human nature looks at fear and reacts to the short run. But again there’ve been like 50 or 60 international crises since World War II. Only one really affected the global economy in the short run.

Lesley Stahl: What was that? Vietnam?

Jamie Dimon: No. Vietnam did not. Vietnam obviously totally changed America, but it was the oil crisis in the Middle East in 1973 when oil went from 2 to 20 and we had a global recession. There’ve been wars with India and Pakistan, we got Iraq, Afghanistan, Korea, Vietnam, China had wars with Vietnam, China had wars with Russia. None of those things affected the global economy. And the other thing is: people look at the negatives. There are positives. The Berlin Wall went up, the Berlin Wall came down. So…

Lesley Stahl: And the economy wasn’t affected, is that what you’re saying?

Jamie Dimon: Barely. This is the most prosperous economy the world has ever seen and It’s going to be a very prosperous economy for the next 100 years.
And yet another silly leftist talking point vanishes into the midst. Every fake news outlet promotes a doom and gloom scenario about our economy – it’s going to burst, it’s not green enough, it’s blah blah blah. But the American Electorate knows better. There is a strong Economy, and then there is a Trump-strong Economy and this one is working pretty well!
 

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