FEDIT POLITICS Thread

Discussion in 'Los Angeles DODGERS' started by CapnTreee, Aug 12, 2016.

  1. Doughty8

    Doughty8 DSP Legend

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    Just because you have some aspects of socialism in the universal health care trend doesn't mean you go total socialism that's the fear tactic used by the right. You don't change an entire government in 4 years that it took 200+ years to develop. No philosophy is obviously perfect on either side of the table but new ideas won't hurt. Yes indeed politicians will always be politicians sadly. The cost of living as well will always be high but I'm not going anywhere. Hilary has been out yes but she's promoting her book she wrote with Chelsea and of course they are going to ask about Donald but that doesn't mean she's angling. She's a woman and by nature she'll put her 2 cents in.
     
  2. Doughty8

    Doughty8 DSP Legend

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    Those numbers were there when a Democrat was President. Maybe not as many record breakers but it was there. I'm 57 so I've been watching believe me. I want and need to retire lol.
     
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  3. BlueMouse

    BlueMouse Voted DSP's favorite moderator Staff Member Administrator

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    During Obama's time in office the unemployment rate dropped from a staggering 9.9% to 4.7%. That's a 52% drop in unemployment.

    During Trump's time in office it has dropped from 4.7% to 3.5%. That's a 26% drop.

    Both are positive, I won't argue that, but you can't scoff at the improvement that happened during Obama.
     
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  4. BlueMouse

    BlueMouse Voted DSP's favorite moderator Staff Member Administrator

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    The Dow did better under Clinton and Obama then it has done under Trump. The fear mongering that things will go south just because a Democrat is in office is unfounded.
     
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  5. Doughty8

    Doughty8 DSP Legend

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    Completely agree. Just have to keep trying.
     
  6. THINKBLUE

    THINKBLUE DSP Gigolo

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    Disagree
    When the entire stage raises their hand to give 'free' healthcare to illegal aliens, there are no scare tactics necessary.
    Did any of the candidates stand clearly against the Green New Deal?
    That proposal goes far beyond the boundaries of just 'universal healthcare trends'.
    They're going full blown socialist.
    I will give AOC credit on one thing. She said, "There is no way Joe Biden and I should be in the same party." It's true. The Democrat party is being taken over by full blown socialists.
    Whether that's a good or bad thing is up for debate. But there is no denying the full-blown socialist future of the Dem party.
     
  7. LAdiablo

    LAdiablo descarado

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    well i see what they are doing not only w health care, but freddie and fanny as well as myriad other opportunities as they arise
    just did it locally w the commercial trash business
    its starts out slow and then you have no choice
     
  8. LAdiablo

    LAdiablo descarado

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    anyone heard of the new way forward act?
    thats a fucking scary one and not being reported at all
     
  9. harkeyed

    harkeyed DSP Legend

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    I've always been told that 4% unemployment is really zero unemployment, right? I mean people that can't work or don't really want to work (I know it's hard to believe) make up most of that number in the country. If you subscribe to that theory, then 3.5% is pretty good, wouldn't you say?

    That being said, I guess we can agree to disagree on this and I'm guessing a wide array of political topics. I agree with Diablo, it's a nice change to have a discussion like this and not get yelled at or be told I'm a racist, blah, blah, blah...
     
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  10. Doughty8

    Doughty8 DSP Legend

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    Jobs are there but no doubt about it but are they up to the minimum standard of living. Those jobs are raw numbers but you have to look deeper in what they pay and IF they are below poverty level.

    We can go around and around on the illegal problem but right now with current iteration of the coronavirus the more sick people you have the more it can spread and those people come from a society that regularly wear masks. My job I go to a new location every day practically and I have a huge concern about how many sick people are there and what am I touching even if I have gloves. It would be nice to know all people have access to medical care in some fashion.

    Edit: EVERY CVS which is the stores I am merchandising in are out of masks. Warehouse can't keep up.
     
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  11. LAdiablo

    LAdiablo descarado

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    once again those numbers were skewed
    they stopped counting the people on their 8th quarter of unemployment as chronically unemployable or something
    there was a huge number of people that had just stopped looking and ebt benefits were at their zenith
     
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  12. rube

    rube DSP Legend Staff Member Administrator

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    Trump numbers include that too by now
    It's the game.
     
  13. LAdiablo

    LAdiablo descarado

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    i don't doubt it but i don't know a single person that wants a job that doesn't have one
    during the obama years i knew a LOT
    then again i don't remember anything like this homeless epidemic but not sure if thats unique to CA
    also i don't hear anyone disputing the employment numbers when Trump cites them
    i think its more than manipulation atm
     
  14. rube

    rube DSP Legend Staff Member Administrator

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    Analytics would say that at the very least you would have to weigh the cheapness of the rates between 5 and 10 percent as compared to the higher value of the rates between 3 and 5.
    That would get you a truer representation of the impact being done.
    In other words 26 percent that Trump got is worth 67% compared to Obamas standard 52.
     
  15. rube

    rube DSP Legend Staff Member Administrator

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    Geez I wonder what would be a good investment if someone had the money to invest in something right now.
     
  16. TAFNAC

    TAFNAC Cossack Staff Member Administrator

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    To be fair, in the Obama administration, unemployment fell from 9.9% (Dec 2009)...after it jumped from 7.3% (Dec 2008)

    Let's also compare early term performance to early term performance:

    While the Democrats had the WH and congress with huge majorities and they could do anything they wanted (Jan 2009-Jan2011) unemployment was 7.3%, 9.9%, and 9.3%. S&P 500 gains during that period were 23%, 13% and 0%...after having fallen 38% the year before...one of the slowest recoveries from any recession. That same period also saw the injection of trillions of dollars of QE "money" into the very top of the system, representing the single largest transfer of wealth from people to institutional investors in American history.

    Taking an economy that was at the bottom of the worst recession in 80 years and dragging the recovery over 3 years with historically high unemployment, and transferring unfathomable amounts of cash to investment banks certainly doesn't feel like something to be proud of.

    I think taking a relatively healthy economy in 2016 and delivering good S&P returns and bringing the economy to full employment is a much more significant accomplishment.

    I don't like Trump, but it's really hard to argue with the economic performance.

    One thing he's really fucked up was ballooning the debt, continuing the policy of the last two administrations. Oddly enough, he's rarely criticized for that. This is probably the most serious issue in the economy going forward, and now that things are good, it's probably time for austerity.

    Really, this whole discussion is an argument about correlation without examining causality.
    Fed monetary policy over the last 40 years has probably had more impact than President or Congress.
     
    Last edited: Feb 13, 2020
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  17. TAFNAC

    TAFNAC Cossack Staff Member Administrator

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    This is only anecdotal, but I work a a company that has been growing steadily over the last 20 years. From a hiring perspective, it was really, really easy to hire people (all disciplines...from unskilled to PHD engineers and scientists) from 2008 to 2018--there were a lot of job seekers. It's been really hard to find people the last couple years, and you have to offer really attractive compensation packages. I'm also seeing massive internal wage growth over the last few years compared to the previous 10.
     
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  18. LAdiablo

    LAdiablo descarado

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    i'll just leave this here
    the man predicted the future and this is one of my favorite political speeches of all time
    sure most of you know it but listen to those first 6 minutes again
     
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  19. rube

    rube DSP Legend Staff Member Administrator

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    They would do austerity if they believed they could save.
    They already in to deep with all the QE and foreign debt.
    Credit is the only way forward for every single president.
    They know something we don't want to believe.
    Or they believe the country will win the next war.
    Wiping all debts and topping off the coffers.
    Either way its a matter of faith.
     
  20. rube

    rube DSP Legend Staff Member Administrator

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    Anyone that creates a coalition to come to you in peace = fishy.
    The UN always seemed like a nice way to group up a lot of nation votes as a bully pulpit for one or an oligarchy of a few powerful nations to try and one day knock off the champ.
    Slowly building up a tower of babel to climb up little by little before the US notices that whats inside is a giant warhead with our name on it.
    I know im a dreamer and I say a lot of stuff.
    But maybe im not wrong.
    I grew up with that man on my wall.
     
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