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Thread: Thank you President Trump. The economy just keeps choogling along...

  1. #511
    Quote Originally Posted by Swordsmyth View Post
    https://twitter.com/realDonaldTrump/...49943719727104



    Reminds me of a guy using a bucket to bail out the Titanic. Big deal.


    News is anything anybody wants to suppress; everything else is public relations - George Orwell.


    if anything all this does is solidify peoples opinions that you are just here to pump Trump and have no basis in reality.
    Quote Originally Posted by Swordsmyth View Post
    They are coming home, all the naysayers said they would never leave Syria and then they said they were going to stay in Iraq forever..... just like Trump said.



    Whenever you find yourself on the side of the majority, it is time to pause and reflect - Mark Twain

    Fascism Defined



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  3. #512
    Quote Originally Posted by Slave Mentality View Post
    BTW, that $#@!ing tweet is from 2017.
    oops.

    Someone posted it like it was new elsewhere.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



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  5. #513
    Quote Originally Posted by Swordsmyth View Post
    oops.

    Someone posted it like it was new elsewhere.
    Just more confirmation that SS only posts what he's fed to post and his thread replies are nothing more than story-telling and baseless prognostication.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    But now you can't talk to people because of "social distancing"....brought to you by shills and politicians.

  6. #514

  7. #515
    Bump
    "The one permanent emotion of the inferior man is fear - fear of the unknown, the complex, the inexplicable. What he wants above everything else is safety."
    H. L. Mencken

  8. #516
    Quote Originally Posted by TheCount View Post
    Bump

    Shouldn't that be "choogle"?
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  9. #517
    Quote Originally Posted by CCTelander View Post
    Shouldn't that be "choogle"?
    We're all just waiting for our Orange God to add more fuel to the fire so that we can choogle even faster than we've ever choogled before!
    "The one permanent emotion of the inferior man is fear - fear of the unknown, the complex, the inexplicable. What he wants above everything else is safety."
    H. L. Mencken

  10. #518
    Quote Originally Posted by TheCount View Post
    We're all just waiting for our Orange God to add more fuel to the fire so that we can choogle even faster than we've ever choogled before!
    Ah, yes. Yet another happy one, that an unprecedented panic has set in and has reversed the forward projection of a rebounding economy.

  11. #519
    Quote Originally Posted by TheCount View Post
    We're all just waiting for our Orange God to add more fuel to the fire so that we can choogle even faster than we've ever choogled before!
    As much as I dislike Trump he didn't cause the markets to crash anymore than he got it to 29K. But he gets to own it.
    Quote Originally Posted by Swordsmyth View Post
    They are coming home, all the naysayers said they would never leave Syria and then they said they were going to stay in Iraq forever..... just like Trump said.



    Whenever you find yourself on the side of the majority, it is time to pause and reflect - Mark Twain

    Fascism Defined

  12. #520
    Quote Originally Posted by Todd View Post
    As much as I dislike Trump he didn't cause the markets to crash anymore than he got it to 29K. But he gets to own it.
    Has a president ever won an election when there's been a recession? Biden is going to win and that means a prolonged depression...



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  14. #521
    Overall, said the president, his administration’s success in rolling back regulations is adding an estimated $3,100 a year to each household’s income. He added: “The previous administration added over 16,000 pages of heavy-handed regulations to the federal register. That’s why nothing got done. Under my administration we have removed nearly 25,000 pages of job-destroying regulations, more than any other president by far in the history of our country.”

    That may explain why the economic bounce back from the COVID-inspired lockdown continues to exceed expectations and has put to rest any conversation about the shape of the recovery. It’s clearly a “V.” According to various sources:

    • The rebound in the Housing Market Index shows that the housing market has come all the way back to where it was in March;

    • Retail sales jumped by 7.5 percent in June, more than one percent higher than they were a year ago;

    • Non-store sales — which includes online shopping — are 23.5 percent higher than they were a year ago;

    • Spending at restaurants jumped 20 percent last month;

    • Sales at clothing stores more than doubled between May and June;

    • Sales at building materials stores were up 17 percent last month;

    • Sales of sporting goods, musical instruments, books and hobbies are growing at 20 percent a year;

    • Grocery store sales are up nearly 12 percent year over year;

    • Manufacturing increased in June for the second straight month, jumping more than five percent in June from May;

    • The “beige book” from the Federal Reserve showed employers increasing their hiring across the country last month;

    • Industrial production rebounded by more than seven percent in June, driven by increased demand for autos and auto parts;

    • Sales of new and used vehicles continues to surge, along with new home sales which surged more than 16 percent in May to an annualized level just below that reached before the shutdown; and

    • Back-to-school spending, despite the virus, is expected to set new records this year, according to the National Retail Federation (NRF), breaking the $100 billion mark for the first time in history.

    More at: https://www.thenewamerican.com/econo...bound-shows-it


    The Trump economy

    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  15. #522
    The U.S. Department of Commerce reported on Wednesday that exports of goods from the United States jumped from $90 billion in May to more than $102 billion in June, an eye-popping 14-percent gain. This had the effect of reducing the trade deficit by six percent and adding that amount to the country’s measure of economic output.

    The rebound was led by an astonishing 144-percent surge in shipments abroad of both motor vehicles and motor parts. Other capital goods sent to foreign consumers soared 11 percent, while consumer goods exported increased by more than 12 percent.

    And this report from the Commerce Department doesn’t include travel or tourism, which is likely to show similar gains when they are reported next week.

    Two weeks ago, President Trump celebrated his administration’s success in reducing regulations much more than he had promised during his campaign, rolling back nearly eight regulations for every new regulation enacted. For the first time in years, instead of adding to the federal register (the Obama administration added more than 16,000 pages), his administration removed nearly 25,000 pages of regulations.

    More at: https://www.thenewamerican.com/econo...nomic-recovery
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  16. #523
    choogle choogle choogle
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  17. #524
    Quote Originally Posted by CCTelander View Post
    choogle choogle choogle
    Yup.

    And it's only going to get better.

    "For the first time in years, instead of adding to the federal register (the Obama administration added more than 16,000 pages), his administration removed nearly 25,000 pages of regulations."
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  18. #525
    Quote Originally Posted by Swordsmyth View Post
    Yup.

    And it's only going to get better.

    "For the first time in years, instead of adding to the federal register (the Obama administration added more than 16,000 pages), his administration removed nearly 25,000 pages of regulations."

    Deregulation is GREAT. Go ahead and keep doing that, no matter who benefits in the short term.

    However, the idea that the economy is in "good shape" or somehow improving, either before or after the corona virus scam, is pure delusion.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  19. #526
    Quote Originally Posted by CCTelander View Post
    Deregulation is GREAT. Go ahead and keep doing that, no matter who benefits in the short term.
    They should really let those wonderful bankers self regulate...


    Or maybe the very next best thing is to select a crooked lawyer that has represented 8 of the largest 10 Wall Street banks (making $7.6 million a year) to head the SEC: http://www.ronpaulforums.com/showthr...=1#post6967908


    Or maybe we could get a “billionaire” president elected that is indebted for billions to the banks; that would surely make the banksters terrified!
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: http://www.ronpaulforums.com/showthr...he-world/page3

    Donald Trump, another puppet controlled by the international elite: https://www.lawfulpath.com/forum/vie...=1038&start=60

  20. #527
    The mainstream media, continuing its ongoing war against the Trump administration, celebrated the latest report from the U.S. Bureau of Economic Analysis (BEA) released on Thursday with headlines that shouted “titanic plunge,” “deepest recession in American history,” “tidal wave of damage,” “a collapse of breathtaking speed and severity,” “devastating,” and so forth.

    The media seem to be taking their cue from the (allegedly fake) deleted Tweet from Representative Alexandria Ocasio-Cortez (D-N.Y.): “It’s vital that Governors maintain restrictions on businesses until after the November Elections because economic recovery will help Trump be re-elected. A few business closures or job losses is a small price to pay for be free from his presidency #KeepUsClosed.”

    In our effort to provide balance, The New American continues to report on an economy that is recovering more rapidly than many observers predicted.

    First, the BEA report is an “advance” report. A second estimate, ”based on more complete data,” will be released by the BEA on August 27, a month from now.

    That “advance” report from the BEA was better than forecasters had predicted. Economists polled by MarketWatch estimated that the country’s gross domestic output of goods and services in the second quarter of 2020 would decline by 34.6 percent on an annualized basis. The BEA reported that the decline was 32.9 percent.


    Second, the BEA is looking backward.

    Third, most media are reporting as if that number is for the entire year. Instead it is the annualized rate of decline if it were to continue for 12 months. In fact, forward-looking economists think that for the year 2020 overall, the economy will suffer a shrinkage of something less than 10 percent, perhaps closer to five percent. Put that into perspective: The U.S. economy generates in excess of $22 trillion worth of goods and services in a year. A five-percent decline is less than $1 trillion. Awful, but only temporary.

    Missing from the mainstream media’s commentary was some good news. One had to look for it, of course, which is apparently too much effort for many in the media, who aren’t looking for any good news. Said the BEA, “The price index for gross domestic purchases decreased by 1.5 percent in the second quarter.” This is equivalent to a pay raise of $600 for a household making $40,000 a year.

    And savings jumped enormously in the second quarter, according to the BEA, hardly an indicator of an economy in the dumps: “Personal saving was $4.69 trillion in the second quarter, compared with $1.59 trillion in the first quarter.” It added: “The personal saving rate — personal saving as a percentage of disposable personal income — was 25.7 percent in the second quarter, compared with 9.5 percent in the first quarter.”

    The BEA then reminded those interested in the big picture: “For the period of expansion from the second quarter of 2009 through the fourth quarter of 2019, real GDP increased at an annual rate of 2.3 percent, the same as previously published.”

    More at: https://www.thenewamerican.com/econo...ll-whole-story
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  21. #528
    Quote Originally Posted by CCTelander View Post
    Deregulation is GREAT. Go ahead and keep doing that, no matter who benefits in the short term.

    However, the idea that the economy is in "good shape" or somehow improving, either before or after the corona virus scam, is pure delusion.
    "Deregulate". I keep hearing that from the republicans.

    Yes, I am absolutely for deregulation. But is it really deregulation, when BILLIONS are taken from the tax-payers and handed to corporatist companies in bed with the government. THAT is what people are failing to see or understand.

    Deregulation would work awesomely well in a true and legitimate free-market, where the consumer decides winners and losers - NOT the government. When the government is involved, it becomes FASCISM.
    “The right to life is the source of all rights—and the right to property is their only implementation. Without property rights, no other rights are possible. Since man has to sustain his life by his own effort, the man who has no right to the product of his effort has no means to sustain his life. The man who produces while others dispose of his product, is a slave.”

    Read the RPF trolls' playbook here (post #3)



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  23. #529
    Quote Originally Posted by Swordsmyth View Post
    The mainstream media, continuing its ongoing war against the Trump administration, celebrated the latest report from the U.S. Bureau of Economic Analysis (BEA) released on Thursday with headlines that shouted “titanic plunge,” “deepest recession in American history,” “tidal wave of damage,” “a collapse of breathtaking speed and severity,” “devastating,” and so forth.
    How dare they report unfavorable news!
    "The one permanent emotion of the inferior man is fear - fear of the unknown, the complex, the inexplicable. What he wants above everything else is safety."
    H. L. Mencken

  24. #530
    Quote Originally Posted by TheCount View Post
    How dare they report unfavorable news!
    Keep reading, it's deception.

    Just like you.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  25. #531
    Quote Originally Posted by Swordsmyth View Post
    Keep reading, it's deception.

    Just like you.
    Really? So it wasn't a bigger drop than even the biggest percentage drop during the Great Recession or the Great Depression even, regardless of how it was reported?

    Quote Originally Posted by article gem
    And savings jumped enormously in the second quarter, according to the BEA, hardly an indicator of an economy in the dumps: “Personal saving was $4.69 trillion in the second quarter, compared with $1.59 trillion in the first quarter.” It added: “The personal saving rate — personal saving as a percentage of disposable personal income — was 25.7 percent in the second quarter, compared with 9.5 percent in the first quarter.”
    Gee, it's almost like the governments started passing out big checks to anyone with a pulse and a tax return, while the recipients were ordered to stay home. Shocking news! It's such a blessing that we have Donald and Congress to prevent us from becoming UBI supported communists.
    Last edited by devil21; 07-31-2020 at 10:01 AM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    But now you can't talk to people because of "social distancing"....brought to you by shills and politicians.

  26. #532
    I just love how everyone that would not give Trump credit for a growing economy that was breaking records in employment in minority sectors are now coalescing around the idea that the drop in the economy is entirely his fault. Never mind Democrat Governors and their fatwahs. Lol. Never Trumpers are so funny.

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