Message from @βπ
Discord ID: 638861005283131413
we export 1/3rd of our inflation to china
and overall to the US economy, our trade IN GENERAL is not that big
the us is not singapore or taiwan
most of our economy is internal
Russia and China might even HELP us if it means we pull out of Europe and Asia
The US is going to pull military forces out of Asia in order to reclaim the Panama Canal. China is going to interrupt that?
It's...not...a mild trade war. The whole global economy is slowing from it.
I think global economy was going to slow down no matter what, the spectre of many bubbles is hanging over its head as well
can't pump bubbles up for ever, europe with NIRP, the US flirting with ZIRP, china's economy is such a joke. when they deleverage it might cause WWIII if the ccp isn't willing to let go of some sacred cows
australia doubled down in 08 , they were getting hit with chinese slow situations evne prior to trump
their economy is primarily selling raw materials to china and a housing bubble
Trump is past the point at which there presidentβs approval rating typically starts to benefit from their re-election campaign
Trump is a different phenom as are the reasons people vote for him. Im not sure trends are helpful
Trump doesn't have to win, he just has to not lose. the Democrats could easily shoot themselves in the foot
Trump has a decent chance of winning in 2020 if the economy continues to thrive.
the economy isn't thriving.
is William Barr a member of Opus Dei?
Unemployment is at a 50 year low, wages are growing, worker productivity is increasing, median household income has increased by over 5,000 since Trump was elected.
<:citation:591247751245725736>
Yeah imagine how much better off we'd be if we had anyone besides Trump
Anything that improved under him would have improved more
@βπ Low unemployment isn't always a good thing, but the bigger picture is that there's historic highs of people out of work and underemployed.
It's a rich person's economy.
Sources for each of my claims
Unemployment: https://www.wsj.com/articles/u-s-september-nonfarm-payrolls-grew-steadily-11570192288
Wages: https://www.aei.org/economics/wages-rising-the-trump-economy-is-now-working-best-for-lower-wage-workers/
https://www.forbes.com/sites/chuckdevore/2019/05/03/263000-new-jobs-added-in-april-more-than-expected-wages-up-3-2-from-a-year-ago/
Productivity: https://www.cnbc.com/2019/06/06/productivity-first-quarter-2019.html
Income: https://www.heritage.org/markets-and-finance/commentary/middle-class-incomes-surging-thanks-trump-policies
Love you fellow comrade! Completely agree!
How did Trump achieve those numbers?
Consumer confidence is one of the main drivers of the economy. Trump gave consumers confidence.
consumer confidence dropped like a rock as soon as obama went into office
Obama went into office during a financial crisis.
Yeah he also brought us through the slowest post-WW2 economic recovery
@βπ Because it was a really bad recession.
Also his stimulus wasn't very well designed
Its silly to talk about this before the world watches the impeachment.
That may change everything even if hes not removed from office
Dems need to be more transparent with the impeachment process
why
they are following the procedural rules put in place by Republicans in 2015