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Read the rules in the OP before posting, please. In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up! NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious. Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action. | ||
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Toadesstern
Germany16350 Posts
On February 09 2018 06:10 IyMoon wrote: Yeah, this is the only time I will feel bad for Trump because he is going to get blamed and this is one thing that is 100% not his fault meh, hard to feel sorry when he was boasting so much about the growth in the stockmarket before this happened when everyone knew that wasn't on him either. | ||
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Mohdoo
United States15743 Posts
On February 09 2018 06:10 IyMoon wrote: Yeah, this is the only time I will feel bad for Trump because he is going to get blamed and this is one thing that is 100% not his fault Fair to blame Obama. His economy was too good. | ||
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ticklishmusic
United States15977 Posts
On February 09 2018 06:10 IyMoon wrote: Yeah, this is the only time I will feel bad for Trump because he is going to get blamed and this is one thing that is 100% not his fault conveniently, polls show america now thinks trump is responsible for our economy! | ||
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Gorsameth
Netherlands22487 Posts
On February 09 2018 06:10 IyMoon wrote: Yeah, this is the only time I will feel bad for Trump because he is going to get blamed and this is one thing that is 100% not his fault I could agree with you. But then he went and claimed credit for stocks being good, so now hes fair game. | ||
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Mohdoo
United States15743 Posts
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Adreme
United States5574 Posts
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Mohdoo
United States15743 Posts
On February 09 2018 06:26 Adreme wrote: The thing is though Trump did cause a lot of this. Yesterday was the pullback due to a record happening but that probably won't happen tomorrow. I think market is overreacting and will soon correct the correction but this problem is on Trump. Can you elaborate? I thought this is just a natural squeeze resulting from interest rates actually starting to somewhat exist. | ||
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zlefin
United States7689 Posts
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hunts
United States2113 Posts
On February 09 2018 06:10 IyMoon wrote: Yeah, this is the only time I will feel bad for Trump because he is going to get blamed and this is one thing that is 100% not his fault Oh I hope he bears the brunt of every living persons fury. I hope every moron who supported him and closed their eyes to reality either sees their stocks drop and rages at trump, or loses their blue collar job and rages at trump. I hope that for once his blind followers believe that their dear leader is at fault, regardless of whether or not he is. I want to see his approval rating drop to the single digits, I want him and pence stripped of their titles, I want trump, pence, and every one of their relatives to be walked out of the white house in handcuffs never to see the light of day again for what they have done. | ||
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TheTenthDoc
United States9561 Posts
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Adreme
United States5574 Posts
On February 09 2018 06:29 Mohdoo wrote: Can you elaborate? I thought this is just a natural squeeze resulting from interest rates actually starting to somewhat exist. In simple terms those events are accurate but there are two causes and that is why people are jumpy. The wage rise was surprisingly good, good but surprising. Personally I was mpre surprised it took so long but either way that was the spark. People saw that realized that with both those rises AND the tax bill rates have to go up quickly. That part is not on Trump though he and everyone else should have seen it coming. Now before I go on I still think panoc is unwarranted and that market will recover but the tax bill is a huge driver. You don't pump a bunch of money into an economy doing well. Inflation is the logical problem there but everyone just choose to ignore it. You pour gas on a fire you have no oneelse to blame when it gets out of control | ||
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zlefin
United States7689 Posts
On February 09 2018 06:47 hunts wrote: Oh I hope he bears the brunt of every living persons fury. I hope every moron who supported him and closed their eyes to reality either sees their stocks drop and rages at trump, or loses their blue collar job and rages at trump. I hope that for once his blind followers believe that their dear leader is at fault, regardless of whether or not he is. I want to see his approval rating drop to the single digits, I want him and pence stripped of their titles, I want trump, pence, and every one of their relatives to be walked out of the white house in handcuffs never to see the light of day again for what they have done. limit that to adult relatives involved in the administration I presume (otherwise it'd be cray-cray) | ||
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Plansix
United States60190 Posts
Also, the promise of this amazing tax cut has contributed to this inflated, frothy market to boot. | ||
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Wulfey_LA
932 Posts
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ticklishmusic
United States15977 Posts
On February 09 2018 07:11 Wulfey_LA wrote: Both of Trump's major economic decisions will drive up interest rates. (1) the tax cut is going to spike government debt requirements and force the government to sell more T-bills [thus raising the price investors will ask]. (2) his new Fed Chair isn't Yellen and wants higher interest rates to reward holders of capital. You know what the stock market hates? Higher interest rates. When borrowing is more expensive, growth is more expensive. ** Also, his tax cut was entirely focused on rewarding people who pay taxes outside of W2s. But it is the W2 people who spend money. So all the windfalls from his tax cut will go to the capital class who aren't about to spend that windfall. But they will invest it... in... uh, things. | ||
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GreenHorizons
United States24152 Posts
On February 09 2018 01:50 Biff The Understudy wrote: Didn’t some Tea Party dude made a speech about Jesus being a capitalist? In general, voting for a party that motto really should be “fuck the weak and the poor” and pray for a religion that talks all day long about humility, compassion, brotherhood and acceptance, must make one really bullet proff to cognitive dissonances. Now, one should not be surprised that MLK has been transformed into a benign, consensual figure and stripped of anything controversial or subversive. We live in a society that loves to keep the most consensual and put under the carpet anything that could make people think and question the established order in its icons. If this is going to be the go to poorly thought out "get over it", we should at least mention this is more like Jewish/Roman people promoting Jesus as a pro Jewish establishment capitalist while his apostles were still around. Oh and making sure any synagogue or newly built church taught the same thing so that any opposing history would be nearly non-existent in documents recording it There's plenty of differences but the fact that people that knew him personally are still alive is a pretty damn big one. Just to be clear, I'm not really surprised, and I don't have to be to think it's wildly offensive. | ||
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Plansix
United States60190 Posts
There is a very real chance the Republicans can’t pass this bill. Paul Ryan wouldn't even assure a vote on whatever DACA bill the Senate sends them. Not that it would pass. That he won’t even assure the Democrats it would be put up for debate and voted on, even if it was going to fail. Because he and the conservatives know that any DACA bill that gets put to the floor of the House might pass. And he might vote against this spending bill. What a bunch of clowns. | ||
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sc-darkness
856 Posts
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IyMoon
United States1249 Posts
On February 09 2018 08:11 Plansix wrote: https://twitter.com/DaviSusan/status/961735763003084808 There is a very real chance the Republicans can’t pass this bill. Paul Ryan wouldn't even assure a vote on whatever DACA bill the Senate sends them. Not that it would pass. That he won’t even assure the Democrats it would be put up for debate and voted on, even if it was going to fail. Because he and the conservatives know that any DACA bill that gets put to the floor of the House might pass. And he might vote against this spending bill. What a bunch of clowns. Oh god damn it, are we really shutting down AGAIN? | ||
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Gorsameth
Netherlands22487 Posts
On February 09 2018 08:25 IyMoon wrote: Oh god damn it, are we really shutting down AGAIN? Are you surprised? | ||
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