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  1. #176

    Default Re: Trumps Accomplishments

    Oh, and then there this, which is really nice. Trump excusing the murder of Americans. Last time it was just an American legal resident and journalist that a dictator killed that Trump excused and gave a pass on. This time it’s a US citizen and student.

    https://www.washingtonexaminer.com/o...erican-student

  2. #177

    Default Re: Trumps Accomplishments

    Quote Originally Posted by jedicurt View Post
    of which they should... it was the right move... but he has said time and time again, that he can always get the best deals, and no one is a better negotiator than him... and so far, with two meetings... nothing except that we stopped training exercises that NK wanted us to stop


    i mean come on... not long ago we heard about how they loved each other and he got such a nice letter. guess the love is gone
    I guess this makes him a hero like John McCain- both shot down in Hanoi

  3. #178

    Default Re: Trumps Accomplishments

    90 percent of big manufacturers high on Trump economy, set 4.4 percent growth target

    by Paul Bedard | March 05, 2019 04:14 AM

    The nation’s top manufacturers have for the ninth consecutive quarter given the Trump economy a thumbs up, setting record industry optimism of the economy and predicting positive growth unseen during the Obama administration.

    The National Association of Manufacturers said big and small companies are overwhelmingly optimistic about future growth.

    In fact, the past nine quarters of have seen record optimism, with an average of 91.8 percent of manufacturers positive about their own firm, compared to an average of 68.6 percent during the last two years of the Obama administration.

    https://www.washingtonexaminer.com/w...-growth-target

  4. #179

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Jersey Boss View Post
    I guess this makes him a hero like John McCain- both shot down in Hanoi
    I guess it makes him just as successful as every other President before him in dealing with NK except he still has an open dialogue with them. Oh, and l bet they could ramp up training exercises again in a couple of weeks if they wanted. Even as poorly as you all think of Trump, you surely realize even he knows what negotiating tactics are. Kim is a trained megalomaniac. Trump knows he has to play to Kim's ego to have any sort of working relationship - and vice versa.

  5. #180

    Default Re: Trumps Accomplishments

    https://www.bloomberg.com/news/artic...e?srnd=premium

    Winning! Good job Agent Orange. Trade deficit hits 10 year high. Those tariffs are a great idea.
    .

  6. #181

    Default Re: Trumps Accomplishments

    Quote Originally Posted by mugofbeer View Post
    I guess it makes him just as successful as every other President before him in dealing with NK except he still has an open dialogue with them. Oh, and l bet they could ramp up training exercises again in a couple of weeks if they wanted. Even as poorly as you all think of Trump, you surely realize even he knows what negotiating tactics are. Kim is a trained megalomaniac. Trump knows he has to play to Kim's ego to have any sort of working relationship - and vice versa.
    Say what? 2 days after summit, Kim rebuilding inter continental missle, err "satellite launching site".

    https://www.nbcnews.com/news/north-k...s-show-n979721

  7. #182

    Default Re: Trumps Accomplishments

    Cause the tariffs are working to fix our trade deficit... just ask him...

    https://www.bbc.com/news/business-47472282

  8. #183

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Jersey Boss View Post
    Say what? 2 days after summit, Kim rebuilding inter continental missle, err "satellite launching site".

    https://www.nbcnews.com/news/north-k...s-show-n979721
    He never stopped building and testing during Obama years were you this outspoken then? Tell me what did Obama do about NK? Did he get war vets remains returned? Hostages returned? The college kid returned? Did he get missle testing to stop?

    Some slurp up the leftist propaganda so much they are blinded by any progress. While POTUS was visiting the Dems put on a charade of lies TV Congress unreality show. MSM other than Fox did not even cover it they covered lies and more lies made for TV show which was preprepped.

    Some of you hate America so much you would rather have a war than Trump make peace with tyrant.

    Show me one POTUS who fared well with NK. Just one. At least Trump is trying, and it wonít happen overnight either. Decades of NK and after 2 meetings you declare it failed. Name any prior POTUS who even met with NK.

    The hatred is strong here.

  9. #184

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Jersey Boss View Post
    Say what? 2 days after summit, Kim rebuilding inter continental missle, err "satellite launching site".

    https://www.nbcnews.com/news/north-k...s-show-n979721
    Joel Wit
    @Joel_Wit38

    18h
    1/ There is no evidence that #DPRK rebuilding of facilities is consistent with preparations for an ICBM test, contrary to assertions made in the NBC coverage of that activity. The cited CSIS analysis doesn’t mention that at all which is consistent with facts on the ground.

    —-


    Joel Wit
    @Joel_Wit38

    18h
    2/ Aside from the fact that #DPRK has never tested an ICBM from Sohae—it's a space launch vehicle launch site—preparation for any launch would require a wide range of activities not observed in the imagery.

    —-


    Jenny Town
    @j3nnyt0wn

    18h
    No ballistic missiles have ever been launched from the launch pad at Sohae/Tongchang-ri. It has only ever been used for satellite launches. The activity happening at Sohae now, while unfortunate, only shows construction going on, not anything that would indicate test prep.

    https://mobile.twitter.com/Joel_Wit38

  10. #185

    Default Re: Trumps Accomplishments

    When it comes to North Korea, I support whatever keeps us out of WWIII.

  11. #186

    Default Re: Trumps Accomplishments

    WINNING!

    Household net worth falls by largest amount since the Great Recession, new Fed data shows

    http://www.msn.com/en-us/news/us/hou...6Po?li=BBnbcA1

  12. #187

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Jersey Boss View Post
    WINNING!

    Household net worth falls by largest amount since the Great Recession, new Fed data shows

    http://www.msn.com/en-us/news/us/hou...6Po?li=BBnbcA1
    124% of which is explained by unrealized losses in the stock market. I wouldn't take this as a huge sign, assuming the market doesn't take a nose dive again like in '08.

    In other words, this drop likely hurt the wealthiest far more than people like you and I. People like us likely saw their lot in life improve over that time period.

    Please read the articles you post.

  13. #188

    Default Re: Trumps Accomplishments

    A drop that was caused by an ill-timed Fed rate increase and equally ill-timed comments by the new Fed chairman of more increases to come.

    SWING ...... AND A MISS!

  14. #189

    Default Re: Trumps Accomplishments

    Quote Originally Posted by mugofbeer View Post
    A drop that was caused by an ill-timed Fed rate increase and equally ill-timed comments by the new Fed chairman of more increases to come.

    SWING ...... AND A MISS!
    Who appointed that Fed chair?

  15. #190

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Swake View Post
    Who appointed that Fed chair?
    Yellen has her fingerprints on the beginning of the rate hikes, so it's really a moot point. And Trump's "guy" has only been in there about 1 full year at this point.

    It's now an 0-2 count.

  16. #191

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Eric View Post
    Yellen has her fingerprints on the beginning of the rate hikes, so it's really a moot point. And Trump's "guy" has only been in there about 1 full year at this point.

    It's now an 0-2 count.
    Which Fed chair was in charge when these rate increases were actually done? Yellen has nothing to do with it.

  17. #192

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Swake View Post
    Who appointed that Fed chair?
    And who has harshly criticized the moves of that Fed chairman?

    This is one of the few times Trump has been spot-on with his opinions, however, I don't feel it's appropriate for him to use his Twitter or publicly criticize the Fed Chairman.

    As the Fed Chairman confirmed last Sunday, he cannot be fired by the POTUS. That rate increase was a VERY costly rookie mistake by Powell and the Fed has clearly made it a point to adjust their metrics for rate changes and, most importantly, pay more attention to ad hoc commentary and input from key corporate heads about very short term business conditions. As a result, the markets have rebounded nicely since the EOY (S & P 500 up 11.36% as of today).

  18. #193

    Default Re: Trumps Accomplishments

    Quote Originally Posted by mugofbeer View Post
    And who has harshly criticized the moves of that Fed chairman?

    This is one of the few times Trump has been spot-on with his opinions, however, I don't feel it's appropriate for him to use his Twitter or publicly criticize the Fed Chairman.

    As the Fed Chairman confirmed last Sunday, he cannot be fired by the POTUS. That rate increase was a VERY costly rookie mistake by Powell and the Fed has clearly made it a point to adjust their metrics for rate changes and, most importantly, pay more attention to ad hoc commentary and input from key corporate heads about very short term business conditions. As a result, the markets have rebounded nicely since the EOY (S & P 500 up 11.36% as of today).
    Here's another thing. The Fed has no responsibility to the market and should not. He made a decision based on economic indicators to further the Fed's goals of economic growth, low inflation and unemployment. I haven't investigated this particular action enough to form an opinion that he was right or wrong, but the outcome in the markets isn't really relevant and Trump was wrong to criticize him.

    Also, the idea that the reason that the markets are basically at zero growth for the last 12+ months is due to very small marginal Fed interest rates increases is a poor take.

  19. #194

    Default Re: Trumps Accomplishments

    You are correct and we agree Trump was wrong to criticize the Fed publicly.

    Jersey Boss posted an article saying 4th quarter family net worth dropped sharply and he exclaimed WINNING! as a result. The article points out the reason for the drop was a sharp drop in the stock market which doesn't affect most people. The "Jeff Bezos" effect skewed the numbers greatly where that 1% lost the vast majority of the net worth but spread over all American's, there was little loss. So, where JB proclaims "WINNING!" was really a complete non-issue for most American's except in their 401Ks.''

    The point I was making is that even though appointed by Trump, Fed Chairman Powell is independent and raised interest rates despite Trump (actually, Trump's Tweets probably more forced him to do it to demonstrate his independence). I agreed with what Trump was saying, that the rate increase in Q4 was ill-timed because the world economy was showing signs of sharp slowing and the US $ was comparatively very high. The Fed raised rates anyway and the result was on of the more severe short term declines in stock market history. Trillions in net worth were lost unnecessarily. Normally a 1/8% Fed rate increase should cause virtually no stock market change or even an increase. This showed that the financial community also thought the increase was not prudent.

    Topping this, Powell made comments of how they come to the conclusion to raise rates. He talked about the usual government numbers but put little importance on what the business community was saying in ad hoc comments on short term trends. This last matter is extraordinarily important because government numbers are delayed and are usually revisable. Powell didn't indicate an interest and he also used language to indicate as many a 4 more increases could be coming this year. This would be a horrible thing to do going into a US slowdown and a more severe worldwide slowdown - China has drastically slowed - more than their official numbers indicate.

    Your assertion that the flat market in 2018 had little to do with interest rate increases is 100% wrong. It wasn't the only reason, but it was ultimately the basis for most reasons. Some credit for the downturn can also be given to uncertainty from Trump's tariff war with China and the uncertainty he would be in office through his term. The US and China will reach an agreement but it won't give Trump all he wants. If it is at least favorable in opening China's markets to independent US companies, it should be a significant positive for the US economy, long term.

  20. Default Re: Trumps Accomplishments

    https://www.salon.com/2019/03/21/tru...-spark-growth/

    "President Trump’s hand-picked Federal Reserve chairman and White House economic advisers admitted this week that the Republican tax cuts are failing to deliver the economic growth the president promised."

  21. #196

    Default Re: Trumps Accomplishments

    Quote Originally Posted by TheTravellers View Post
    https://www.salon.com/2019/03/21/tru...-spark-growth/

    "President Trump’s hand-picked Federal Reserve chairman and White House economic advisers admitted this week that the Republican tax cuts are failing to deliver the economic growth the president promised."
    The "best economy of all time" is projected to grow 2.1% next year with a nearly trillion dollar deficit.

    But John McCain sux, amirite?

  22. #197

    Default Re: Trumps Accomplishments

    l personally watched the Powell testimony and what this article conveniently left out wasn't some failed correllation between the tax cuts, business spending and the GDP. Salon.com is a slanted internet rag that has little real knowledge of economics.
    Powell was clear to state that due to a slowing worldwide economy, the US economy won't grow as fast as it would have. We now live in a global economy. lf the Chinese don't buy as many iPhones due to a slowdown, Apple won't maintain their previous growth rates. Our tax cuts have little to do with the worldwide economy, but the worldwide economy has a huge effect on the U S GDP.
    There is also the issue that the Fed itself slowed GDP when they raised interest rates at the same time US business growth was showing serious signs of slowing. Trump inappropriately, though correctly criticized Powell and the Fed for this rate increase. Powell madeca roomie mistake by raising rates into clear anecdotal info from business that foreign business was slowing and also making strong statements for future rate increases. The Fed basically shot itself in the foot.
    Salon conveniently leaves out that economic signs are a tremendously complicated, multi-dimensional matter. Again, Salon.com knows little about economics. lts an internet rag.

  23. #198

    Default Re: Trumps Accomplishments

    Quote Originally Posted by mugofbeer View Post
    l personally watched the Powell testimony and what this article conveniently left out wasn't some failed correllation between the tax cuts, business spending and the GDP. Salon.com is a slanted internet rag that has little real knowledge of economics.
    Powell was clear to state that due to a slowing worldwide economy, the US economy won't grow as fast as it would have. We now live in a global economy. lf the Chinese don't buy as many iPhones due to a slowdown, Apple won't maintain their previous growth rates. Our tax cuts have little to do with the worldwide economy, but the worldwide economy has a huge effect on the U S GDP.
    There is also the issue that the Fed itself slowed GDP when they raised interest rates at the same time US business growth was showing serious signs of slowing. Trump inappropriately, though correctly criticized Powell and the Fed for this rate increase. Powell madeca roomie mistake by raising rates into clear anecdotal info from business that foreign business was slowing and also making strong statements for future rate increases. The Fed basically shot itself in the foot.
    Salon conveniently leaves out that economic signs are a tremendously complicated, multi-dimensional matter. Again, Salon.com knows little about economics. lts an internet rag.
    Well said. Add in the China tariffs and adds more slowdown for them which also hits us. The tariffs are short term pain for long term gain. Do nothing and we lose out on jobs longterm even if shorterm is better. He raised rates in the middle of tariffs.

  24. #199

    Default Re: Trumps Accomplishments

    Secret nuke deal with Saudi Arabia. What could possibly go wrong with this arrangement. amirite?
    https://www.reuters.com/article/us-u...-idUSKCN1R82MG

  25. #200

    Default Re: Trumps Accomplishments

    Quote Originally Posted by Jersey Boss View Post
    Secret nuke deal with Saudi Arabia. What could possibly go wrong with this arrangement. amirite?
    https://www.reuters.com/article/us-u...-idUSKCN1R82MG
    I honestly can't remember the last time you've been right about anything.

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