Trump doing great for the economy.


I agree with Rubenstein’s sentiment.

The economy is in "reasonably good shape," Rubenstein said. But he argued that it could "always be better, could always be fairer."
I’ve been quite consistent. The economy is fine. It’s been fine. It’s not amazing. It’s not blowing anyone away. It’s not the greatest economy the world has ever seen. There is no monumental difference between the economy now and the last 6 years.
Except there is. I posted a follow up link. Opine on that one. From the same Rubenstein. If you worked in the business world you would never make such a silly claim.

Your argument is appeal to authority. It’s weak. Even your own attempt to make an argument failed. I can see why you want me to debate Rubenstein.
Authority? This is a CEO of multi billion asset manager who is not a Trump guy telling you the truth about the economy. Why is going to SMEs a bad debate

Appeal to authority is a weak debate tactic. It shows you can’t make the argument yourself so you point so someone to make it for you. I can’t discuss the issue with someone who isn’t present.
I disagree. So if you and I have a disagreement about basketball and Coach K agrees with me over you, that should be ignored? Why? That is illogical. You’re just upset because the economy is doing very well under a President you despise and you know that will likely lead to his re-election. Be honest with yourself.
 
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I agree with Rubenstein’s sentiment.

The economy is in "reasonably good shape," Rubenstein said. But he argued that it could "always be better, could always be fairer."
I’ve been quite consistent. The economy is fine. It’s been fine. It’s not amazing. It’s not blowing anyone away. It’s not the greatest economy the world has ever seen. There is no monumental difference between the economy now and the last 6 years.
Except there is. I posted a follow up link. Opine on that one. From the same Rubenstein. If you worked in the business world you would never make such a silly claim.

Your argument is appeal to authority. It’s weak. Even your own attempt to make an argument failed. I can see why you want me to debate Rubenstein.
Authority? This is a CEO of multi billion asset manager who is not a Trump guy telling you the truth about the economy. Why is going to SMEs a bad debate

He is telling you what you want to hear. If I put up a link to one of his peers down talking the economy you would discount it.
Do it. Not many peers to a CEO of the Carlyle Group. But please do so and show how they criticize Trump for his handling of the economy. Always happy to read counterpoints.
 
The economy is doing well, being helped along by two elements that would have been thought of as "socialist" by some, just four years ago: Aggressively increased government spending and aggressive actions by the New York Fed to grease markets.

Hopefully we'll be able to unwind out of both of those actions without much downside.

But yeah, the economy is doing pretty well. VERY nice numbers last week.
.
 
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Carlyle's David Rubenstein: Trump 'policies seem to be working' to boost the US economy

Gator, enjoy. This man is fairly unbiased IMO. Let me know your thoughts.

This is your ringing endorsement...“Some of these policies seem to be working,”?

But I agree they are working, they are keeping the expansion going well past its natural lifespan. The problem is that many of those policies are also the same ones that would be used to get out of a recession. And since we already fired all those bullets, what happens when the recession comes?
Not a Trump guy but...
Carlyle’s Rubenstein on Trump: ‘Most presidents get re-elected’


He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”
Opine on this one. Let’s see what you got.
I don’t have a ton of criticism on the economy. He hasn’t ruined it despite his misguided trade war. The economy is fine. Business spending dropped as a result of his trade war when it should have gone up. A trillion dollars in deficit spending and low interest rates have led to a higher stock market. As Rubenstein said, it could be better though. This isn’t the kind of huge gains we’ve seen in previous expansions. The president just doesn’t have as big of an impact was we tend to think.

If your argument is that Obama had a dismal economy and Trump’s is the best ever, I don’t think Rubenstein is making this argument for you.
China has been robbing us for decades. If you operated in the business world you would see it as necessary. If you’re remodeling your kitchen you’re uncomfortable for 3 mos but then have years of much better use of the room. The pains are temporary but the gains will be much better IMO

I understand the idea. It’s just we haven’t seen any positive results.

It’s misguided for a number of reasons. I think dropping out of TPP was a mistake. Saying China was robbing us is overly simplistic. The usual “stealing jobs” and trade deficit tropes are highly misleading but that’s the Trump rally mantra. There’s plenty to complain about stealing intellectual property which I doubt is going to see much if any progress.
 
This is your ringing endorsement...“Some of these policies seem to be working,”?

But I agree they are working, they are keeping the expansion going well past its natural lifespan. The problem is that many of those policies are also the same ones that would be used to get out of a recession. And since we already fired all those bullets, what happens when the recession comes?
Not a Trump guy but...
Carlyle’s Rubenstein on Trump: ‘Most presidents get re-elected’


He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”
Opine on this one. Let’s see what you got.
I don’t have a ton of criticism on the economy. He hasn’t ruined it despite his misguided trade war. The economy is fine. Business spending dropped as a result of his trade war when it should have gone up. A trillion dollars in deficit spending and low interest rates have led to a higher stock market. As Rubenstein said, it could be better though. This isn’t the kind of huge gains we’ve seen in previous expansions. The president just doesn’t have as big of an impact was we tend to think.

If your argument is that Obama had a dismal economy and Trump’s is the best ever, I don’t think Rubenstein is making this argument for you.
China has been robbing us for decades. If you operated in the business world you would see it as necessary. If you’re remodeling your kitchen you’re uncomfortable for 3 mos but then have years of much better use of the room. The pains are temporary but the gains will be much better IMO

I understand the idea. It’s just we haven’t seen any positive results.

It’s misguided for a number of reasons. I think dropping out of TPP was a mistake. Saying China was robbing us is overly simplistic. The usual “stealing jobs” and trade deficit tropes are highly misleading but that’s the Trump rally mantra. There’s plenty to complain about stealing intellectual property which I doubt is going to see much if any progress.

You could be right but they have been robbing us for years in terms of IP. Time will tell if the war was worth it as China is feeling the pain as well.
 

I agree with Rubenstein’s sentiment.

The economy is in "reasonably good shape," Rubenstein said. But he argued that it could "always be better, could always be fairer."
I’ve been quite consistent. The economy is fine. It’s been fine. It’s not amazing. It’s not blowing anyone away. It’s not the greatest economy the world has ever seen. There is no monumental difference between the economy now and the last 6 years.
Except there is. I posted a follow up link. Opine on that one. From the same Rubenstein. If you worked in the business world you would never make such a silly claim.

Your argument is appeal to authority. It’s weak. Even your own attempt to make an argument failed. I can see why you want me to debate Rubenstein.
Authority? This is a CEO of multi billion asset manager who is not a Trump guy telling you the truth about the economy. Why is going to SMEs a bad debate

He is telling you what you want to hear. If I put up a link to one of his peers down talking the economy you would discount it.
Yep. That’s the weakness of appeal to authority. It’s not really an argument. It’s a cop out.
 
Not a Trump guy but...
Carlyle’s Rubenstein on Trump: ‘Most presidents get re-elected’


He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”
Opine on this one. Let’s see what you got.
I don’t have a ton of criticism on the economy. He hasn’t ruined it despite his misguided trade war. The economy is fine. Business spending dropped as a result of his trade war when it should have gone up. A trillion dollars in deficit spending and low interest rates have led to a higher stock market. As Rubenstein said, it could be better though. This isn’t the kind of huge gains we’ve seen in previous expansions. The president just doesn’t have as big of an impact was we tend to think.

If your argument is that Obama had a dismal economy and Trump’s is the best ever, I don’t think Rubenstein is making this argument for you.
China has been robbing us for decades. If you operated in the business world you would see it as necessary. If you’re remodeling your kitchen you’re uncomfortable for 3 mos but then have years of much better use of the room. The pains are temporary but the gains will be much better IMO

I understand the idea. It’s just we haven’t seen any positive results.

It’s misguided for a number of reasons. I think dropping out of TPP was a mistake. Saying China was robbing us is overly simplistic. The usual “stealing jobs” and trade deficit tropes are highly misleading but that’s the Trump rally mantra. There’s plenty to complain about stealing intellectual property which I doubt is going to see much if any progress.

You could be right but they have been robbing us for years in terms of IP. Time will tell if the war was worth it as China is feeling the pain as well.
Great. Then let’s be sure that none of us count is as an achievement until the result is in. No one could claim it’s “working” since the end result is far from apparent.
 
I agree with Rubenstein’s sentiment.

The economy is in "reasonably good shape," Rubenstein said. But he argued that it could "always be better, could always be fairer."
I’ve been quite consistent. The economy is fine. It’s been fine. It’s not amazing. It’s not blowing anyone away. It’s not the greatest economy the world has ever seen. There is no monumental difference between the economy now and the last 6 years.
Except there is. I posted a follow up link. Opine on that one. From the same Rubenstein. If you worked in the business world you would never make such a silly claim.

Your argument is appeal to authority. It’s weak. Even your own attempt to make an argument failed. I can see why you want me to debate Rubenstein.
Authority? This is a CEO of multi billion asset manager who is not a Trump guy telling you the truth about the economy. Why is going to SMEs a bad debate

Appeal to authority is a weak debate tactic. It shows you can’t make the argument yourself so you point so someone to make it for you. I can’t discuss the issue with someone who isn’t present.
I disagree. So if you and I have a disagreement about basketball and Coach K agrees with me over you, that should be ignored? Why? That is illogical. You’re just upset because the economy is doing very well under a President you despise and you know that will likely lead to his re-election. Be honest with yourself.

I am honest with myself. I’m not claiming that Trump is cratering the economy. I’m not saying he’s a disaster. That’s the nonsense the people said about Obama (Trump especially).

The weakness in the appeal to authority goes like this:
You: Coach K agrees with me
Me: I disagree with Coach K for these reasons.
You: Lol, you think you know more than Coach K?

You can pretend to win any argument without having to make an argument if you happen to find one “expert” who agrees with you. Further, perhaps I come up with my own expert that disagree. Then we get into a useless argument about who’s expert is better.

Now, if you want to adopt a point made by someone as your own, go ahead, but you have to be able to 1. Explain the point and 2. Be able to defend it. You’re not really doing it.

Also; it’s funny to think of the average American worried about the ownership of corporate IP. If you think that’s what the Trump base isn’t worried about, you don’t know them very well.
 
Even Yahoo! published an article stating as such. Excellent! - This is from the CEO of the Carlyle Group.

“He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”

The recovery started under Obama not Trump. The unemployment rate when Trump took over was 4.7%. Interest rates were low as well. Consumer spending was rising.
 
I agree with Rubenstein’s sentiment.

The economy is in "reasonably good shape," Rubenstein said. But he argued that it could "always be better, could always be fairer."
I’ve been quite consistent. The economy is fine. It’s been fine. It’s not amazing. It’s not blowing anyone away. It’s not the greatest economy the world has ever seen. There is no monumental difference between the economy now and the last 6 years.
Except there is. I posted a follow up link. Opine on that one. From the same Rubenstein. If you worked in the business world you would never make such a silly claim.

Your argument is appeal to authority. It’s weak. Even your own attempt to make an argument failed. I can see why you want me to debate Rubenstein.
Authority? This is a CEO of multi billion asset manager who is not a Trump guy telling you the truth about the economy. Why is going to SMEs a bad debate

He is telling you what you want to hear. If I put up a link to one of his peers down talking the economy you would discount it.
Yep. That’s the weakness of appeal to authority. It’s not really an argument. It’s a cop out.

I disagree. I think you and I throwing out empty opinions leads nowhere.
 
Opine on this one. Let’s see what you got.
I don’t have a ton of criticism on the economy. He hasn’t ruined it despite his misguided trade war. The economy is fine. Business spending dropped as a result of his trade war when it should have gone up. A trillion dollars in deficit spending and low interest rates have led to a higher stock market. As Rubenstein said, it could be better though. This isn’t the kind of huge gains we’ve seen in previous expansions. The president just doesn’t have as big of an impact was we tend to think.

If your argument is that Obama had a dismal economy and Trump’s is the best ever, I don’t think Rubenstein is making this argument for you.
China has been robbing us for decades. If you operated in the business world you would see it as necessary. If you’re remodeling your kitchen you’re uncomfortable for 3 mos but then have years of much better use of the room. The pains are temporary but the gains will be much better IMO

I understand the idea. It’s just we haven’t seen any positive results.

It’s misguided for a number of reasons. I think dropping out of TPP was a mistake. Saying China was robbing us is overly simplistic. The usual “stealing jobs” and trade deficit tropes are highly misleading but that’s the Trump rally mantra. There’s plenty to complain about stealing intellectual property which I doubt is going to see much if any progress.

You could be right but they have been robbing us for years in terms of IP. Time will tell if the war was worth it as China is feeling the pain as well.
Great. Then let’s be sure that none of us count is as an achievement until the result is in. No one could claim it’s “working” since the end result is far from apparent.

Time will tell. But China is feeling the pain as well. That is indisputable.
 
Except there is. I posted a follow up link. Opine on that one. From the same Rubenstein. If you worked in the business world you would never make such a silly claim.

Your argument is appeal to authority. It’s weak. Even your own attempt to make an argument failed. I can see why you want me to debate Rubenstein.
Authority? This is a CEO of multi billion asset manager who is not a Trump guy telling you the truth about the economy. Why is going to SMEs a bad debate

Appeal to authority is a weak debate tactic. It shows you can’t make the argument yourself so you point so someone to make it for you. I can’t discuss the issue with someone who isn’t present.
I disagree. So if you and I have a disagreement about basketball and Coach K agrees with me over you, that should be ignored? Why? That is illogical. You’re just upset because the economy is doing very well under a President you despise and you know that will likely lead to his re-election. Be honest with yourself.

I am honest with myself. I’m not claiming that Trump is cratering the economy. I’m not saying he’s a disaster. That’s the nonsense the people said about Obama (Trump especially).

The weakness in the appeal to authority goes like this:
You: Coach K agrees with me
Me: I disagree with Coach K for these reasons.
You: Lol, you think you know more than Coach K?

You can pretend to win any argument without having to make an argument if you happen to find one “expert” who agrees with you. Further, perhaps I come up with my own expert that disagree. Then we get into a useless argument about who’s expert is better.

Now, if you want to adopt a point made by someone as your own, go ahead, but you have to be able to 1. Explain the point and 2. Be able to defend it. You’re not really doing it.

Also; it’s funny to think of the average American worried about the ownership of corporate IP. If you think that’s what the Trump base isn’t worried about, you don’t know them very well.

Hold on. If you and I disagree on a basketball strategy. If you and I disagree and Coach K breaks the tie, then I win. Sorry. Coach K is arguably the GOAT. When my kids argue and I break the tie, then yes I am the authority. That is how life works. I have made several points, you disagreed, I broke the tie with the CEO from the Carlyle Group. He is not even a Trump guy. Who is an "average American"? I am sure most educated Americans do worry about it.
 
Even Yahoo! published an article stating as such. Excellent! - This is from the CEO of the Carlyle Group.

“He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”

The recovery started under Obama not Trump. The unemployment rate when Trump took over was 4.7%. Interest rates were low as well. Consumer spending was rising.

Rates started rising under Trump, they were not at historic lows. Recovery started under Bush by your logic as his admin passed TARP and began lowering the rates to the bottom, which cause stocks to jump up.
 
when Bambi was President, we had up to 35% unemployment with about 90 million americans looking for work, or just giving up hope,,,now we have 3.5% unemployment and 95 Million jobs,,,lol
LOLOL

Rightards are such idiots.
icon_rolleyes.gif


Here's the unemployment rate from the BLS spanning the last 71 years and the unemployment rate has never been anywhere near 35%.

latest_numbers_LNS14000000_1948_2020_all_period_M01_data.gif


Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.
 
Even Yahoo! published an article stating as such. Excellent! - This is from the CEO of the Carlyle Group.

“He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”
He's doing OK.

At some point there has to be a reckoning between the brisk employment numbers and the oddly low corresponding GDP.

I'm still waiting for someone to 'splain that.

For one, because of liberal policy people are no longer procreating. Remember, the only way to cure climate change is to genocide all humans.

This is also why we need to bring over the people who procreate much more rapidly from the 3rd world nations. They can't be left to procreate alone in their own countries.
 
The economy is fine. It’s been fine for years. There’s no major difference between the economy now and under Obama.

You’re obviously not in the business world. That is far from the truth.

Name some metrics.
View attachment 305400

View attachment 305401

View attachment 305402

View attachment 305403
Thanks for showing the economy under Impeached Trump started trending many years before he became president.
thumbsup.gif
 
Even Yahoo! published an article stating as such. Excellent! - This is from the CEO of the Carlyle Group.

“He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”

The recovery started under Obama not Trump. The unemployment rate when Trump took over was 4.7%. Interest rates were low as well. Consumer spending was rising.

Rates started rising under Trump, they were not at historic lows. Recovery started under Bush by your logic as his admin passed TARP and began lowering the rates to the bottom, which cause stocks to jump up.


actually even with that tiny rise in rates they were still historically low...and still are. We will pay the price for that during the next recession.
 
Even Yahoo! published an article stating as such. Excellent! - This is from the CEO of the Carlyle Group.

“He wouldn't be the first politician to exaggerate how his policies have been better than maybe they have been, but I think his policies have worked or something's working because the economy's doing well,” Rubenstein said. “Unemployment is low, interest rates are low, consumer spending is up, business spending is in pretty good shape, stock markets are at record highs.”

“What more can you ask of somebody is what I would say,” he added. “So there's a lot of consternation about him personally and some of his policies, but in the economy, it's hard to criticize him on the economy.”

The recovery started under Obama not Trump. The unemployment rate when Trump took over was 4.7%. Interest rates were low as well. Consumer spending was rising.

Rates started rising under Trump, they were not at historic lows. Recovery started under Bush by your logic as his admin passed TARP and began lowering the rates to the bottom, which cause stocks to jump up.


actually even with that tiny rise in rates they were still historically low...and still are. We will pay the price for that during the next recession.



But Golfing Gator, that explanation requires understanding BASIC MATH, which 95% of those who post here do not....
 

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