January 19, 2020

Nine economic charts comparing Trump, Obama and Bush presidencies.

Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.

Joseph Zeballos-Roig and Andy Kiersz - Business Insider

President Donald Trump has repeatedly pointed to the nation's steady economic health as the strongest indicator of his success, calling it "terrific" and "the greatest in the history of the country." Lately he's used it as a defense to fend off the Democratic-led impeachment proceedings in the House.

But how does his handling of the economy compare to his immediate predecessors, Barack Obama and George W. Bush?

Presidents receive a lot of credit when the economy is performing well and a barrage of criticism when it doesn't, despite the fact they don't exactly wield direct power over it. Any number of factors can throw it out of balance, like the dotcom bubble bursting during Bush's first term, or the subprime mortgage crisis in the housing market that led to the Great Recession.

But a closer look at the Trump economy reveals a conflicting portrait. Wages are rising, the unemployment rate is ticking downward, and job growth is holding steady — but Trump's ongoing trade wars have sapped business confidence. Companies are pulling back on hiring workers as a result.

More: https://www.businessinsider.com/9-charts-comparing-trump-economy-to-obama-bush-administrations-2019-9

January 19, 2020

'It's Not the Economy Anymore, Stupid' WSJ

I want to edit this just a bit to say I don't think this is a good economy for anyone other than the very rich. Trump has had less job growth and less GDP than Obama even after his massive tax give away to the very wealthy. Also, wages are NOT rising.


'It's Not the Economy Anymore, Stupid' WSJ

A polarized electorate is less swayed by how well the economy performs

President Trump has presided over solid economic growth and much lower unemployment than economists would have expected a few years ago, a record he proudly touted in a speech in New York Tuesday.

Mr. Trump is counting on that record carrying him to re-election next year. Conversely, Democrats see hints of weakness, especially in manufacturing-intensive swing states, that could derail those plans.

Yet both could be working from an outdated playbook. Polarized politics mean that voters’ views of the economy are increasingly shaped by their party preference, rather than the other way around. And for some key voting blocs, non economic issues such as immigration, race relations and Mr. Trump himself have superseded economic concerns in determining their vote. Thus, absent a serious recession or spectacular boom, the economy may have little bearing on how Americans vote next year.

More: https://www.wsj.com/articles/its-not-the-economy-anymore-stupid-11573570241

January 18, 2020

Economist Rosenberg Warns Spread Between CCC, BB Is 'Canary in Coal Mine'

January 18, 2020

LOL! Perfect

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">"I JUST GOT ARRESTED FOR MAKING A PERFECT COCKTAIL!" - Bill Cosby <a href="https://t.co/xHorHsqTzM">https://t.co/xHorHsqTzM</a></p>— Matt Oswalt (@MattOswaltVA) <a href="https://twitter.com/MattOswaltVA/status/1217920930837495808?ref_src=twsrc%5Etfw">January 16, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

January 17, 2020

Trump is so corrupt I suspect a crap load of damning October surprises

His corruption is so vast there will be a whole Smorgasbord of juicy morsels for Dems to pick from. I also suspect a lot of journalists who hate his guts are sitting on stories that they will drop later as the election nears.

January 17, 2020

Meet Officer Mader: Fired For Trying To Do The Right Thing

January 16, 2020

Chris Matthews: Right now, bet on Bernie Sanders in Iowa

Chris thinks Bernie Sanders is the candidate to beat in Iowa: “Two-thirds of the Democratic Iowa Caucus voters in 2016 call themselves liberal or very liberal. Bernie swept these very liberal caucus goers in 2016 and should do it again in 2020 … Biden, who is contending for one third of the caucus goers who call themselves moderate or conservative can’t match Bernie’s potential.”
Jan. 15, 2020


https://www.msnbc.com/hardball/watch/chris-matthews-right-now-bet-on-bernie-sanders-in-iowa-76850245557

January 16, 2020

I don't watch TV so I don't know what I missed on Rachel but DU is making it sound epic

I am skeptical because I have gone to CNN, and other news networks and they hardly covering any of this. Most are leading with the Warren / Sanders feud. Can someone fill me in on why all this is so earth moving if the other networks are hardly touching it?

January 14, 2020

How to Tell if Someone Is an Alien Imposter - Key & Peele