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Dow plunges 600 points after bond market flashes a recession warning, Citigroup tanks 5%

If you are saying Obama had it easy, congratulations. Correct answer.

Somehow, that does not fit with the rest of your post. There is a lot of inconsistency there.

Yes, the greatest recession ever and the largest downturn since the great depression is easy, isn't it? /sarcasm off.
 
Luther's comment was ridiculous. I wasn't talking to you by the way. I was responding to Luther's silly analogy.

Perhaps you'd embarrass yourself a little less if you consider the context of someone's reply to a forum member.

Whether you are talking to me is irrelevant as this is a public forum. what you continue to prove is just how partisan and totally ignorant you are of economic data and the private sector. I find people like you who spend 24/7 here posting negative anti Trump rhetoric to be doing nothing but diverting from a miserable life and personal issues. your total ignorance of the private sector and what makes this economy the best in the world is staggering
 
I said that overall it involves more than who is in the White House, but yes there are things that a sitting president says and does which can affect the market.

Compared to how much the DJIA skyrocketed during Trump's first several years in office compared to 2016, I'd say it was a pretty moderate increase overall under Obama's 2 terms - if you want to focus on who was president.

Trump's "first several years in office"???. He's only been in office for about 2 1/2 years.
 
Whether you are talking to me is irrelevant as this is a public forum. what you continue to prove is just how partisan and totally ignorant you are of economic data and the private sector. I find people like you who spend 24/7 here posting negative anti Trump rhetoric to be doing nothing but diverting from a miserable life and personal issues. your total ignorance of the private sector and what makes this economy the best in the world is staggering

Looks like Trump may be well on his way to proving that both of you are totally ignorant of economics and the private and public sector.
 
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Hardly a mess. We have great employment numbers at higher pay, energy independence, major progress on the illegal immigration issue, tax reform, increased exports, fewer regulations and those are just the domestic side. Aren't you complaining about him a lot?;)


Tank you. I'm glad you agree. Welcome to the winning side for a change.

Does it matter to you that because there simply aren't enough people to take jobs is the reason for low unemployment numbers? We have a critical workforce shortage in this country. Does it matter to you that hate crimes reportedly jumped by 226 percent in counties that hosted Trump campaign rallies? Does it matter to you that Trump has negatively affected, not only U.S. economy, but the global economy with his politics and tariffs? Does it matter at all that children have been separated from their parents, some will never see them again and are deeply traumatized? Does it matter that the poorest people in this country just trying to survive are having their food assistance taken away? I could go on and on about the evil, greedy, malevolent things Trump has done over the past three years, but it's all becoming apparent to people with eyes and ears that Trump has done nothing good on his own. He inherited a robust economy that was only becoming stronger without his help. Doesn't it matter to you that people don't feel safe worshiping in a church, synagogue, concert, festive or a Walmart. People in this country are griped with fear and feel they have to look over their shoulder for a shooter in Walmart when they're shopping for school clothes for their kids.

This man and his administration is hollowing out the core agencies that protect this country. The FBI, the CIA the Justice Dept. He's filling administration positions with 'acting' people that have no experience at all with the jobs they're taking over. It's a corrupt government from the inside out and it all starts with Trump.
 
nearly 300% in 8 yrs is a modest increase? Odd. tRUMPs market hasn't done anything since the end of 2017.
It's only 50% more than Bush era numbers. Trump's done that well already.

Yes, the greatest recession ever and the largest downturn since the great depression is easy, isn't it? /sarcasm off.
Out of attempted sarcasm, truth. You should be careful about that, because you are exactly right. It is easy.
 
Does it matter to you that because there simply aren't enough people to take jobs is the reason for low unemployment numbers? We have a critical workforce shortage in this country. Does it matter to you that hate crimes reportedly jumped by 226 percent in counties that hosted Trump campaign rallies? Does it matter to you that Trump has negatively affected, not only U.S. economy, but the global economy with his politics and tariffs? Does it matter at all that children have been separated from their parents, some will never see them again and are deeply traumatized? Does it matter that the poorest people in this country just trying to survive are having their food assistance taken away? I could go on and on about the evil, greedy, malevolent things Trump has done over the past three years, but it's all becoming apparent to people with eyes and ears that Trump has done nothing good on his own. He inherited a robust economy that was only becoming stronger without his help. Doesn't it matter to you that people don't feel safe worshiping in a church, synagogue, concert, festive or a Walmart. People in this country are griped with fear and feel they have to look over their shoulder for a shooter in Walmart when they're shopping for school clothes for their kids.

This man and his administration is hollowing out the core agencies that protect this country. The FBI, the CIA the Justice Dept. He's filling administration positions with 'acting' people that have no experience at all with the jobs they're taking over. It's a corrupt government from the inside out and it all starts with Trump.

Why not just come out and say you want cheap undocumented labor? Are there any other laws you want to willfully disregard?

Considering the corruption at the top of the Obama DoJ, CIA, and FBI, a shake up is due. Since it appears they were spying on a political campaign, it's doubly serious.
 
Why not just come out and say you want cheap undocumented labor? Are there any other laws you want to willfully disregard?

Considering the corruption at the top of the Obama DoJ, CIA, and FBI, a shake up is due. Since it appears they were spying on a political campaign, it's doubly serious.

Speaking of 'cheap undocumented labor'. How was it that the workers were the only ones arrested in Mississippi and not any of that company's management and ownership for willfully breaking the law?
 
Why not just come out and say you want cheap undocumented labor? Are there any other laws you want to willfully disregard?

Considering the corruption at the top of the Obama DoJ, CIA, and FBI, a shake up is due. Since it appears they were spying on a political campaign, it's doubly serious.

I know you don't know this, but undocumented workers paid $9 billion dollars in income taxes last year. You didn't know that, did you? And, those taxes they paid are for things that you will get to use eventually like Medicare and Social Security, but they will never use those benefits. Sounds fair to you, doesn't it? This country is experiencing a major shortage of unskilled workers. Who else do you know that will work for one hour chopping up 40 pounds of raw chicken to earn exactly $2.00 for that hour? Short answer is nobody. But an illegal will. Some day you and other conservatives will understand that one of the big reasons many companies even exist in the US is because of cheap immigrant labor.
 
I know you don't know this, but undocumented workers paid $9 billion dollars in income taxes last year. You didn't know that, did you? And, those taxes they paid are for things that you will get to use eventually like Medicare and Social Security, but they will never use those benefits. Sounds fair to you, doesn't it? This country is experiencing a major shortage of unskilled workers. Who else do you know that will work for one hour chopping up 40 pounds of raw chicken to earn exactly $2.00 for that hour? Short answer is nobody. But an illegal will. Some day you and other conservatives will understand that one of the big reasons many companies even exist in the US is because of cheap immigrant labor.
You realize that that is a bad thing, right? Not just a little bad, but this person needs immediate medical care bad.

J
 
Why not just come out and say you want cheap undocumented labor? Are there any other laws you want to willfully disregard?

Considering the corruption at the top of the Obama DoJ, CIA, and FBI, a shake up is due. Since it appears they were spying on a political campaign, it's doubly serious.

That's not at all what I'm saying. What I am saying is that your argument is just rhetoric of Fox and Trump repeated for your benefit. There are two sides to the story about undocumented immigrants but Fox will never tell you what I've just explained to you.
 
That's not at all what I'm saying. What I am saying is that your argument is just rhetoric of Fox and Trump repeated for your benefit. There are two sides to the story about undocumented immigrants but Fox will never tell you what I've just explained to you.

I cannot get Fox. You would have to tell me what they say. Nor do I listen to the President from day to day. However, I am aware of the massive scandal in DoJ and FBI right now. It is so ironic that Watergate II has a Democrat in the Nixon role.
 
I cannot get Fox. You would have to tell me what they say. Nor do I listen to the President from day to day. However, I am aware of the massive scandal in DoJ and FBI right now. It is so ironic that Watergate II has a Democrat in the Nixon role.

:lamo :lamo :lamo
 
You realize that that is a bad thing, right? Not just a little bad, but this person needs immediate medical care bad.

J

Really? Would you or anyone else that you know accept a job that pays $2 an hour cutting up raw chicken and have to pay income tax on that $2 an hour. What if there were no illegal immigrants to do those jobs and the company has to hire a 'real Murican' to do the same job at an hour minimum rate of $12 - $15 an hour? How much do you think the price of fresh chicken in your supermarket would go up? No, it is not a bad thing if this illegal is just trying to survive and live a clean life with a family. Less crimes are committed in this country from illegal immigrants than crimes committed by good old boys such as yourself.
 
Really? Would you or anyone else that you know accept a job that pays $2 an hour cutting up raw chicken and have to pay income tax on that $2 an hour. What if there were no illegal immigrants to do those jobs and the company has to hire a 'real Murican' to do the same job at an hour minimum rate of $12 - $15 an hour? How much do you think the price of fresh chicken in your supermarket would go up? No, it is not a bad thing if this illegal is just trying to survive and live a clean life with a family. Less crimes are committed in this country from illegal immigrants than crimes committed by good old boys such as yourself.

that undocumented alien is being exploited
you recognize that the fair market rate for processing chickens exceeds the $2 per hour compensation you posted
while it is meager, American citizens have a safety net that undocumented workers do not. that is what causes undocumented aliens to work for sub-market pay
you are correct to recognize that if the undocumented aliens were not available to do that chicken processing work, the employer would have to hire Americans to do that low skilled, onerous work. yes, chicken would cost more in the stores, but Americans with little opportunity for employment would have it opened up to them - AT A FAIR WAGE
which then tells us that it is not only the undocumented foreign worker who is being exploited by this failure to end the USA being a jobs magnet for the undocumented. that system also fails our under-skilled American workers, depriving them of employment and income to match their low skill levels
 
Mid-August profit taking. It happens quite frequently in August.

Cheers.
Evilroddy.
 
:lamo :lamo :lamo

What's so funny? I cut the cable years ago. My wife shops online, so I get free streaming video with her Prime subscription. The only thing I miss is live sports.
 
Really? Would you or anyone else that you know accept a job that pays $2 an hour cutting up raw chicken and have to pay income tax on that $2 an hour. What if there were no illegal immigrants to do those jobs and the company has to hire a 'real Murican' to do the same job at an hour minimum rate of $12 - $15 an hour? How much do you think the price of fresh chicken in your supermarket would go up? No, it is not a bad thing if this illegal is just trying to survive and live a clean life with a family. Less crimes are committed in this country from illegal immigrants than crimes committed by good old boys such as yourself.

So you do not understand why that is a very bad thing. On top of that you are making class slurs. :roll: You really are an elitist that feels entitled.
 
Mid-August profit taking. It happens quite frequently in August.

Cheers.
Evilroddy.

So a 800 point dive is typical in the month of August every year in the market because of 'profit taking'? Thanks so much! Didn't know that! :lamo
 
Looks like Trump may be well on his way to proving that both of you are totally ignorant of economics and the private and public sector.

It doesn't take anyone to prove that you and the other radicals are clueless when it comes to economics. Interesting how the DOW is now so important to you when for decades it was all about greed and the evil rich. There is a lot more to the economy than the DOW but this really isn't about the DOW this is about hatred for Trump and ignorance on the economy
 
Dow plunges 600 points after bond market flashes a recession warning When Trump was elected, I said that the only thing that would turn his base against him was a full on recession. Today I don't think that would even do it. Most of his base are either retired living off their pensions, SS, fixed incomes with no skin in the game, so they don't care if the US economy tanks. Trump is nothing more than entertainment value to them . Then there's those that may be working but they have no retirement investment savings. They've no idea what a 401k is and you cant lose what you don't have. Under Obama my IRA grew exponentially. The economy was even keeled and smooth. Since senor' clown car has been in office, my 401k value is where it was 28 months ago. This asshole playing president is not good for the working man and his financial future.

Of course Trump is 100% at fault. There are no other factors that affect the economy.
 
LBJ Explained it more than 50+ yrs ago: to prove he was 100% correct in calling it out; sadly it is still true in this 21st Century - Just read some of the comments by some of the same types he was speaking about.

President Lyndon B. Johnson once said,

"If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you."
 
LBJ Explained it more than 50+ yrs ago: to prove he was 100% correct in calling it out; sadly it is still true in this 21st Century - Just read some of the comments by some of the same types he was speaking about.

I like that...lol
 
It's Obama's economy. I've been told this many times here by the left. So this neccessarily must be caused by him.

The right has attributed the robust American economy on Trump since the day he took office.

The right doesn't get to blame the falling economy on anyone else.

And before you guys twist and lie about dems position on this, allow me to focus on what it is:

The first year or two of any president's economy has a lot to do with the policies of the previous administration. It takes at least a couple of years for any president's policies to affect an economy.

Bush inherited a billion dollar surplus economy, it took him eight years to turn it into billions in deficits and tank the economy.

It took Hoover four years to crash the economy and give us the great depression. Before the crash, the term "The Roaring Twenties', was pervasive.

Looks like Trump is going send the economy into a recession in less than four years, breaking historical records.

No democrat or liberal ever said or implied that a president's entire term economically speaking is due to the prior president.

WTFU
 
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