Quoting Admin from the job(less) report today – “The last nail in the MSM narrative of economic recovery. Jobs are always a lagging indicator. The retailer results this week have been disastrous. Consumers aren’t spending money they don’t have anymore. All those Obama jobs barely pay the bills. Now companies are handing out pink slips at a rapid pace, while gas prices have surged by 30% in the last three months.”
When Donald Trump wins, will the euphoria of that victory propel the U.S. to a recovery?
NO
Euphoria don’t pay the bills.
I’ll withhold my comment pending the response from the community, but, are you sure?
I second Admin,
Euphoria doesn’t pay the bills.
If Trump is to bring about a true recovery, it will be a miracle. Like a white Chris gnashing, it will be a white miracle.
…White Christmas…
No. If Trump tries to actually fix things then people will suffer pain as they withdrawal off the Free Money Drug from the government, and will revolt.
If Trump continues the status quo while just sounding like he’s affecting change, nothing will happen and we will continue marching towards our next Fourth Turning.
The Donald is a showman that happened to find himself the only non-Lizard person involved in our race, and is going to get the job by default. Hopefully he picks a good cabinet, because he’s going to need it. He’s not a student of history, economics, or science.
My money is on YES because God told Mark Taylor that “Trump Chosen by God to Stop the Destruction of America” (ref Youtube) and He will restore America and Trump will appoint five SCOTUS Judges. All the RINO Giants have fallen like Clay Footed Goliaths. So far so good for God’s Team.
If you answered yes, please explain how we will skate through the collapse that is baked in the cake Trump or no Trump.
Betcha can’t do it………..
No chance. Culturally and politically we are incapable of making ANY of the difficult and necessary choices that reform would require. This is a pregnant woman and not a light bulb situation (Steve Martin explains below). Collapse is certain, inexorable. The Donald is simply a symptom and a little comic relief, though it is gallows humor at best. Will civilization itself be destroyed, will the only environment, or will it simply be our current economy, government and culture that is destroyed? How long will the dark times last? What will the survivors build on its ruins? These are the only real questions. The Donald, hell the entire Kabuki theater that is the electoral process, is just a sideshow.
The economy is a dead horse. One can kick it but it ain’t moving. Only thing left to do is let the crows pick at it until the bones are bleached by the sun.
[img
[/img]
Too depressing to even answer.
@ RHS Jr.
I’m listening to the video you mentioned now.
https://www.youtube.com/watch?v=tqwFWD_Htfo
But, recently, even Ted Cruz was anointed by God to be President.
So how can we know for sure which Republican God wants in office?
DRUD – +100
No way. Our problems are structural, not superficial, and have been developing for at least a generation maybe two. One man, even if he is The Donald, can’t fix that. This sucker’s goin’ down; I’m just glad to see Trump sticking a thumb in the eye of Leviathan on the way down.
Westies hero, Sanders, will definitely raise taxes, he has to if he is going to find his trillions that he promised.
On the wealthy and corporations first, then as corporations pass those taxes onto the consumer and the wealthy find their new tax loopholes courtesy of the government, then taxes will be raised on the little guy to pay for the shit they can’t afford to pay for themselves. Brilliant plan.
“I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Churchill.
So Sanders will absolutely destroy our economy with his warped bizzaro socialist progressive fucked up sad excuse for a brain.
hilary will be nothing more than more of the same status quo. Did we get the change obumer promised, shit, all we got was more of the same, but on steroids.
Expect hilary to continue to fund wall street banks, politically friendly corporations, make more trade deals that help her politically, not for the country, expect her to create more government bureaucracy at our expense, expect her to load the court, expect her to finish what obumer started and that is:
“God bless the America, we are trying to create” hillary clinton
So clinton will absolutely destroy our economy and country with her warped bizzaro socialist progressive fucked up sad excuse for a brain.
That leaves us Trump the deal maker. Both the above fucknuts believe raising taxes more and creating new taxes is the solution. It must be right? We need more revenue right?
Trump wants to lower personal and corporate taxes. One of the talking heads was complaining today that Trump claims he makes win-win deals but he opined that Trump makes win-lose deals and believes that lowering taxes will be a lose for the country. Well, shitforbrains, how has raising taxes worked so far?
Time for real change maybe eh? Of the three candidates left, Trump, I see (so far) is a man who is fighting the status quo, as painful as his change may be, it may be exactly what the country requires to step away from the road we are on now.
What have we got to lose with the non politician? Maybe everything, or maybe a win-win.
“If the bulk of the public were really convinced of the illegitimacy of the State, if it were convinced that the State is nothing more nor less than a bandit gang writ large, then the State would soon collapse to take on no more status or breadth of existence than another Mafia gang.”
― Murray N. Rothbard
highly doubtful, it doesn’t replace the manufacturing base that been destroyed, all the morons with women studies degrees aren’t going to be willing to be trained to be plumbers and the free-shitters won’t allow the spigot to be turned off.
best bet is might be that it sparks WW3, the world population has a drastic decrease and in 10 years we’re better off after some horribly painful years.
hope to see most of you on the other side…
A TRUMP victory will have a good psychological effect on the nation . The business community will have someone in the white house who is friendly and has an understanding of how taxes and regulations hurt profits. He said he would lower taxes.That’s a start . Build a Damn wall to stop even more people from ending up on welfare.Repeal Obama care.So guys like me can once again afford to buy my own insurance. Just not having to see Obama face would give a great psychological jump start for me . I Hate that lying treasonous piece of Shit and his gorilla looking wife.
NO – last I was aware, economics doesn’t measure/report euphoria.
Have to agree with BB. Not saying that Trump can/will fix anything, but just the appearance of the chains being removed will do wonders. Like a placebo curing a disease. This happened when Reagan took office, granted, we are in much worse shape now, but it could happen. If he can remove the massive trade imbalance, we have even a better chance.
Back in PA Mike
You are 100% wrong about when Reagan took office.
He entered the White House in the 1st quarter of 1981. GDP rose 8.5% during that quarter. Here are the results of the next quarters:
2nd Qtr 1981 – Negative 2.9%
3rd Qtr 1981 – 4.7%
4th Qtr 1981 – Negative 4.6%
1st Qtr 1982 – Negative 6.5%
2nd Qtr 1982 – 2.2%
3rd Qtr 1982 – Negative 1.4%
4th Qtr 1982 – 0.4%
The economy was terrible during Reagan’s 1st two years.
Our economy is 67% based upon consumer spending. Trump’s election will not put more money in anyone’s pocket. You seem to believe the euphoria will make the ignorant masses borrow and spend more. That is the only way the economy would show life.
Stuck, I mean, Yoda, yes it does. Certainly individual stocks, and indeed, the whole market do. Euphoria can create production, production creates wealth.
Mike- You and bb have been reading “The Little Engine That Could” again.
I think we can……..I think we can……..I think we can……..chooooo choooo.
Care to answer my question at 11:34am? 🙂
Sure, clear out the mal investment, get the gubmint out of the college loan, mortgage, and insurance business, default on the debt, end the Fed, and get your ass to work. In words you can understand, privatize the whole damn Country!
Wow Admin, they must’ve reported honestly back then. How much did interest weigh into that calculation? No, don’t believe in spending your way to prosperity, believe in producing and saving your way there. Currently, we don’t produce, outside of Pharma and a few other things.
1981 to 1983 was the worst recession since the Great Depression. Volcker raised interest rates to 18% to crush the massive inflation.
You’re the one who said the economy soared when Reagan won, not me.
Someone has to buy what we produce. Trump putting tariffs on foreign produced goods will not boost the economy. It will raise prices and start a trade war in a global economy already in recession.
Euphoria is for suckers. If Trump is a real man he will take actions which will produce tremendous short term pain in order to achieve long term gain.
No, not gonna happen. Electing trump, or anyone else for that matter, will not do anything about the debt overhang that is suffocating the economy. Not just government debt, but personal debt, student loans, etc. When we first went to pure fiat money, it didn’t take much debt to generate GDP growth, but we have long since passed the point of diminishing returns. Its too late.
Same goes with government debt, its taking way too much govt spending to boost GDP growth. The appetite doesn’t exist for higher taxes, and every segment of society will scream bloody murder if you take away their gimme-dats. When trump gets in office, he will be sitting on 20T in debt. Assuming good fiscal management(hahaha) and nothing too crazy happening(haha again) he would add, at minimum, another 5-6 trillion during his first term.
I don’t think a recovery is possible unless and until the fundamental problems are addressed.
That’s real nice and all Mike but the Fed only holds 4 trillion of our debt so the SOMEBODY holding the bag on the rest of it won’t be happy campers. To top off the cake we have not visited the global derivatives market bubble to the tune of $1.2 QUADRILLION……how do you privatize your way out of that? That bubble is a festering sore that is yet to be dealt with and how do you wash your hands of it when WE dealt it.
Hey Mike….CNN just announced that the MCA (Mind Control Agency) under the Dept. of Injustice reported an astounding increase in the Euphoria Quotient. Analysts speculated that this data point will cause the sheep (registered Democrats) to borrow like crazy, which will certainly send GDP to the moon.
To the Moon, I tell ya.
Admin, sorry, my timing was off a few years, I’m a bit younger than you and don’t remember those times. Thought the 18% was still under Carter.
I’m not saying our problems would be fixed, although B & Kad with their reading comprehension problems, think I did. I merely asked a question. Out here in business land, I know a lot of folks have been holding off in investing in themselves, or others simply because of the environment. If the environment changes, their actions will change, maybe it won’t matter, but these are the facts from the street. Some even directly say, when Trump wins I will…
Oh, and B, I could give a rats ass who’s holding paper on the government. That’s their problem, they made a poor investment.
Tim, your interest and question are commendable. Kenneth Copeland is a False Preacher (Google it). Follow the prophecy that comes true; Trump is way ahead of Cruz. Mark was given the prophecy back in Apr 2011 but Trump didn’t enter until 2015; even Mark jumped to a false conclusion about a 2012 kick-off date (but God Himself admits He misjudged that which tells us something incredible about God’s omniscience and actions; He has Power but we have Free Will, are His hands on earth and sometimes things change). The Triple Crown was a clue: Affirmed won in 1978 and American Pharoah won in 2015 when Trump jumped into the race. Also, I suspect that People For the American Way is a front for Zionist. Cruz’s wife is Goldman-Sachs and CFR; that is really bad. If Cruz did give an Illuminati sign, he ain’t of God. Trump is not a Choirboy like Cruz seems to be but Cruz and Copeland smell like sulfur to me whereas Mark Taylor and Rick Wiles seem authentic. We should see many more clues before November. Vaya con Dios.
@Mike, as far as those govt debt bagholders go “you fucked up; you trusted us…”
Mike, i like your private sector ferocity. Euphoria isn’t what’s going to do it. Trump is in DC today, laying the groundwork for an upset of the apple cart like we’ve never seen. Trump’s first hundred days will be shock and awe on steroids. So many of our problems don’t require new legislation, just enforce existing law. I think hardscramble (ha) is right, he’s been planning this for a long, long time. Bea and gator aren’t wrong with their analysis of various policy fixes, but they don’t yet understand how all this fits together. They will.
http://www.zerohedge.com/news/2016-05-12/longtime-trump-butler-says-obama-should-have-been-shot-enemy-agent
PA Mike,
For a young guy you are pretty smart!!
Everything is cool…Agreements and investments are not
guarantees…and as everyone has screwed up? Everyone gets a haircut.
O set the precedent for EOs…they can be used for positive change as well.
Only Jesus could fix what is wrong with America. 20 trillion dollars and rising, much much pain coming. They will print the debt away and that will create its own set of BIG problems.