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All-In [47750]
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Legend [15749]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 9:50 AM
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“ Overall, the authors estimate that the Biden agenda, if fully implemented, would reduce full-time equivalent employment per person by about 3%, the capital stock per person by some 15%, and real GDP per capita by more than 8%. Compared to Congressional Budget Office estimates for these variables in 2030, this means there would be 4.9 million fewer working Americans, $2.6 trillion less in GDP, and $6,500 less in median household income.”
Yeah, but the awful Tweets will stop, right?
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All-TigerNet [12592]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:06 AM
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Personality vs Policy. Policy vs Personality. Trump's personality is very aggravating to me, but nice to my 401 K and bank account. Biden is pleasant like a doddering old relative--very pleasant, but very bad for me financially.
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Oculus Spirit [75721]
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If Trump loses, it will be because enough people that
Oct 19, 2020, 12:57 PM
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don't care about the stock market don't have jobs. It will also be because of his bafoonish behavior. At any time in the last 3.75 years, Graham, McConnell, or any of their ilk could publicly have told him to cool that #### and voted to make sure he did.
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All-In [49175]
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All-In [48078]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:12 AM
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I will pay extra for our country, as long as Trump is gone.
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All-TigerNet [12592]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:15 AM
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Yes you will my friend!
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All-In [48078]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:18 AM
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Time will tell how much..... probably not much at all.
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CU Guru [1315]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:21 AM
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Dream on, Alice !! Next dumb post.
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All-In [48078]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:23 AM
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I hope it works out better for you. Good luck!
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Orange Blooded [2203]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:47 AM
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Wow, you even admit that Biden will be horrible for the economy and are still voting for him.
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All-In [48078]
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Re: What Bidenomics will do for you - WSJ/Hoover study...
Oct 19, 2020, 10:52 AM
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Never said Biden would be horrible for the economy. I think generally the Dems have done well its economy over the years, or at least my years. I think the Dems will do a better job with the economy. Trump's leadership was terrible for the economy.
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Legend [15749]
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I always like to point out to my friends who proudly say that they
Oct 19, 2020, 10:49 AM
[ in reply to Re: What Bidenomics will do for you - WSJ/Hoover study... ] |
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will gladly sacrifice some of their portfolio performance to get rid of such a terrible representative of the US that it’s not their
Portfolio they are sacrificing. Each percent of unemployed is millions of people. Most of us are somewhat safe from that, or safer anyway...with our savings accounts and our college degrees. So when you make this proud stand, make sure to be clear that you’ll gladly sacrifice other people’s jobs to have a president that makes you proud.
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All-In [48078]
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Re: I always like to point out to my friends who proudly say that they
Oct 19, 2020, 11:04 AM
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I'm not sure who will be better for jobs over time.. my comment stands.
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All-In [34112]
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Re: I always like to point out to my friends who proudly say that they
Oct 19, 2020, 11:06 AM
[ in reply to I always like to point out to my friends who proudly say that they ] |
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OK, and now take a look at how unemployment did under Obama:
9.9% when he took office, 4.1% when he left. A drop of 5.8 points.
Under Trump:
4.1% when he took office, 3.5% in 2019 before Covid-19 blew it up. A drop of 0.6 points.
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Legend [15749]
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That’s an impressive economic analysis.***
Oct 19, 2020, 11:15 AM
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All-In [48078]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 11:19 AM
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He just gave you the basics. No different than anyone else.
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All-In [34112]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 11:32 AM
[ in reply to That’s an impressive economic analysis.*** ] |
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We heard dire predictions of Obama ruining America, but looks like he did a great job with unemployment.
Just for an extra bit of analysis: The new jobs were primarily in the private sector, which must seem weird to people who thought Obama was a communist.
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Orange Blooded [2203]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 12:16 PM
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Just not high paying jobs under Obama. He said the US would be service country. More tea sir?
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All-In [34112]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 12:21 PM
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Median compensation was $26,261.29 when Obama took office, and was $31,561.49 when he left, a net increase of 20%.
Under Trump (and we will keep it to 2019 and not count Covid's disasterous effect) it went from $31,561.49 to $34,248.45, an increase of 8.5%.
So actually yeah, wages went up quite a bit under Obama.
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Orange Blooded [2203]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 12:30 PM
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Where are you finding all these wonderful facts?
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Orange Blooded [2203]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 12:31 PM
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Or are you taking truth over facts again?
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All-In [34112]
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110%er [5686]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 12:53 PM
[ in reply to Re: That’s an impressive economic analysis.*** ] |
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@spooneye Obama’s numbers are CAGR=2.3% Trump is 2.8%.
CAGR=($end/$start)^(1/t) - 1
You can’t look at those figures over different periods of years and just compare them.You ask yourself over the time what is the combined annual growth rate.
So we have another liberal trying to post data proving their point, and it actually proves exactly the opposite point. 
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All-In [34112]
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Re: That’s an impressive economic analysis.***
Oct 19, 2020, 12:56 PM
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Let's see your math on that one.
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All-In [40656]
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Legend [17294]
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WSJ - Opinion written by Editorial Board.***
Oct 19, 2020, 11:48 AM
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All-In [26968]
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Good catch (I can't read the article anyway)***
Oct 19, 2020, 1:01 PM
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CU Medallion [60043]
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Biden isnt hiding who is going to get raped
Oct 19, 2020, 11:55 AM
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and its most definitely going to be my wife and I. No doubt.
Two Trump voters in this household and she hates him. She just knows what Biden will do to our paychecks.
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All-In [48078]
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Re: Biden isnt hiding who is going to get raped
Oct 19, 2020, 11:57 AM
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Maybe you're in a higher brackets in 90% of America.
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Orange Blooded [2203]
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Re: Biden isnt hiding who is going to get raped
Oct 19, 2020, 12:18 PM
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Keep telling yourself that one.
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Orange Blooded [2203]
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Orange Blooded [2693]
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it is a small price for stability
Oct 19, 2020, 12:56 PM
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versus four more years of chaos and disunity.
The only way for us to move forward as a nation is to come together for a purpose more noble than 401ks and stock market indices.
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All-In [26968]
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Same thing "Trumpenomics" (is that a thing?) did.
Oct 19, 2020, 12:56 PM
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Nothing compared to God's care and my own financial decisions.
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All-TigerNet [12592]
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Trump's personality hurts him the most--not policy
Oct 19, 2020, 1:28 PM
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A recent Gallup poll found that 56% of registered voters feel they are better off now than in 2016 when Obama was the president.This is the case despite the pandemic and subsequent economic crisis. Biden's response was that these folks should vote for someone else if they believe they are better off and posited that perhaps these folks have memory issues.
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All-In [48078]
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Re: Trump's personality hurts him the most--not policy
Oct 19, 2020, 2:41 PM
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But where are they?
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Legend [16259]
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Did this op-ed make any mention of the improvements in our
Oct 19, 2020, 2:56 PM
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national infrastructure under a Biden Administration and what the economic benefits of those would be?
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Orange Blooded [4365]
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