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Oculus Spirit [93650]
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That Obama is a genius.
Apr 26, 2019, 11:08 AM
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He set up an economic machine which instead of immediately affecting domestic growth delayed the action until after his administration ended and continues even yet to work as he designed it. What a man, what a legacy!
GDP for this quarter is 3.2%. Thanks Obama!
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110%er [5854]
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Re: That Obama is a genius.
Apr 26, 2019, 11:26 AM
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CU Guru [1405]
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Re: That Obama is a genius.
Apr 26, 2019, 11:46 AM
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That's not even close to the best growth under Obama.
Let me guess, Fox or some right wing nutter site said it and you just posted it without checking. Am I close?
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All-In [47750]
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The Dow closed at 18,332.74 on Nov. 8, 2016
Apr 26, 2019, 11:54 AM
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Currently stands at 26,494. 44.5% increase.
Think Barry is responsible for that? Or could it be from deregulation and tax cuts and generally a better pro-biz atmosphere?
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CU Medallion [73569]
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Dude, Ubummer loved business, even tho they didnt build
Apr 26, 2019, 12:00 PM
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that.
If anything was in his mind, it was to help out all businesses and help them grow 
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110%er [5854]
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CU Medallion [73569]
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Re: The Dow closed at 18,332.74 on Nov. 8, 2016
Apr 26, 2019, 12:11 PM
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Oculus Spirit [93650]
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CU Medallion [73569]
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lol, he wont watch.***
Apr 26, 2019, 12:30 PM
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110%er [5854]
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All-TigerNet [11180]
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He probably shouldn't read what
Apr 26, 2019, 2:43 PM
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Alan Greenspan thinks about this economy. It's not like he's a real economist or anything.
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Oculus Spirit [93650]
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What, it's good now but eventually it will take a turn?
Apr 26, 2019, 3:37 PM
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Anyone with a pulse knows that.
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Oculus Spirit [93650]
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Xtiger has nothing to do with this.
Apr 26, 2019, 3:36 PM
[ in reply to Re: That tells a lie. ] |
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The man is a phd economist. He presents indicators which have been verified by coming future events. He's not like Krugman who predicted the global economy would collapse if Trump took office and he predicted the growth of this economy.
That's a fact. The video wasn't shot this morning. At least you can bear the link long enough to tell us what the date it was shot.
It's one of the most accurate and insightful analysis and predictions I've seen. Perhaps one of your buds who understands economics could watch it and explain to you exact what the man is talking about.
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110%er [5854]
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Re: Xtiger has nothing to do with this.
Apr 26, 2019, 4:43 PM
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Derp. I graduate from Clemson. Me no know economics. Derp.
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Legend [17773]
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Re: Xtiger has nothing to do with this.
Apr 26, 2019, 7:03 PM
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Likewise, that degree I earned through many hours invested in study at Sirrine Hall evidently taught me nothing.
Anyone here take Money and Banking with Tophiqe Chodry (sp?) In the early 90's?
Not a bad prof (he was a PhD student) and was funny as h3ll.
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Oculus Spirit [93650]
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Don't derp me twerp.
Apr 26, 2019, 9:38 PM
[ in reply to Re: Xtiger has nothing to do with this. ] |
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I graduated from Clemson too and all my free elective were in economics except two semesters of chemistry. I took three hard years of Econ including labor econ, money and banking and construction funding and finance which was a graduate course taught in the Construction Science program. I would have taken four years but I was only there between 1985 and 1988. I needed three hours more to make my Spring semester a 24 hr load. That's what it took to graduate the Spring of 88.
I did my senior year (42 hrs) in six months.
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Oculus Spirit [93650]
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Surely you aren't suggesting our racist Russian colluding...
Apr 26, 2019, 12:24 PM
[ in reply to The Dow closed at 18,332.74 on Nov. 8, 2016 ] |
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dog POTUS is doing all that? Are you stupid or just oblivious to what's going on around you?
Asking for Schummer, Pelosi, AOC, Omar, GND, CNN, NYT, MSNBC and any other enlightened elites who identify as democrats but really push for socialism.
WTPH is wrong with you people, TGIF and let's have some fun today. Of course this America's rewards given by Trump's economic policy.
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Legend [15492]
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Re: Surely you aren't suggesting our racist Russian colluding...
Apr 26, 2019, 1:04 PM
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Lets be fair here. Mitch McConnell and Paul Ryan were better for the economy than Trump.
That and continuing to come out of the last financial meltdown created by the Republicans.
Unfortunately, this recovery is being fueled by the same policies that brought about the meltdown.
Cut in taxes, increase in spending and deregulating wall st.
Hold on to your wallets...
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Oculus Spirit [81048]
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we're doomed!
Apr 26, 2019, 3:16 PM
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Eventually, yes.
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Oculus Spirit [93650]
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For those who didn't study Econ 302 now Econ 3020...
Apr 26, 2019, 3:46 PM
[ in reply to Re: Surely you aren't suggesting our racist Russian colluding... ] |
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Trump is doing exactly what Reagan did and getting the exact same results. Increase defense spending, cut taxes on individuals and businesses and life some of the stifling regulations on business operations and those small companies in the business community.
The professor who taught me Econ 302 in the mid to late 1980s explored the graphs behind the theory and provided graphical proof that it was working then and would work again. It's not rocket science if I can grasp it.
You know I'll shoot you a line of BS when I'm trolling but you also know as well I don't lie. I'll add 'No CHIT, Sherlock!'
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Oculus Spirit [83072]
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Oculus Spirit [81048]
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Average GDP was 2.1***
Apr 26, 2019, 3:15 PM
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Legend [15492]
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Re: Average GDP was 2.1***
Apr 26, 2019, 3:24 PM
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This is true. He inherited the worst economic downturn since the great depression.
Trump hasn't hurt the economy, but he's hardly the cause of it's rebound.
Facts are pesky things.
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Oculus Spirit [81048]
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even the great depression had largely turned around in 8
Apr 26, 2019, 3:29 PM
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years.
But are you saying that economic policy has no effect on the economy?
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Oculus Spirit [93650]
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That's strange.
Apr 26, 2019, 5:14 PM
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People at the time didn't believe that.
Herbert Hoover (1874-1964), America's 31st president, took office in 1929, the year the U.S. economy plummeted into the Great Depression. Although his predecessors' policies undoubtedly contributed to the crisis, which lasted over a decade, Hoover bore much of the blame in the minds of the American people...."
https://www.history.com/topics/us-presidents/herbert-hoover
The economist didn't believe it either.
"...In 1931, a year before FDR was elected president, the unemployment rate was an unprecedented 16.3 percent. By 1939, nearly two terms into the Roosevelt administration, the unemployment rate had risen to 17.2 percent. The New Deal clearly didn’t lower unemployment like most of us were taught.
In May 1939, Treasury Secretary Henry J. Morgenthau Jr. stated that, “we are spending more than we have ever spent before and it does not work… I say after eight years of this Administration we have just as much unemployment as when we started…And an enormous debt to boot.”
The depression would have been much shorter without the New Deal..."
The link doesn't matter, what matters is what Treasury Sec Morgenthau said. If you get nothing else out of this take it from the man Hoover put in that chair.
http://www.freedomworks.org/content/debunking-myths-great-depression
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Orange Blooded [4974]
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CU Medallion [73569]
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CU Medallion [60033]
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Re: That Obama is a genius.
Apr 26, 2019, 3:33 PM
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Would love to have many beers with the man and pick his brain. I think he is a smooth dude, but didnt like his optics or policies.
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Oculus Spirit [83072]
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Had a smooth left hand jumper.***
Apr 26, 2019, 4:38 PM
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Oculus Spirit [93650]
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I wish dems could have gotten a LH reach around from him.
Apr 26, 2019, 5:17 PM
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He sure put it to the dems by losing all those senate, house and state seats.
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