movielover said:

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dajo9 said:

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oski003 said:

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dajo9 said:

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movielover said:

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So you didn't like 2% inflation during Trump's tenure?

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We didn't like the 10% unemployment under Trump, which is why he began the spending spree that caused inflation

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Yes, the spending spree started under Trump to combat covid shutting down the economy. Biden continued it, despite the reopening.

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Yes, the consensus was to continue. Trump said Biden's covid stimulus was too small. The stimulus was too much but still better than massive unemployment.

Hingsight is 20/20 but I think it is clear from the surge in deposits that are only now being reduced that all the stimulus plans were too large but that kind of economic targeting is nearly impossible in real time.

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The consensus was for $6 Trillion in additional spending?

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6 covid relief bills from March 2020 to March 2021 totaling $5.3 trillion

Don't leave off other Biden porkulus spending.

I guess you missed the Orange Man BRAGGING about signing into law the BIGGEST spending bill in U.S. history.

Potential of $6.2 Trillion.
The CARES ACT.
March 2020

https://trumpwhitehouse.archives.gov/briefings-statements/remarks-president-trump-signing-h-r-748-cares-act/

Trump bragging about how HUUUUUGE the CARES ACT was ....

THE PRESIDENT: Well, thank you all very much.

This is a very important day. I'll sign the single-biggest economic relief package in American history and, I must say, or any other package, by the way. It's twice as large as any relief ever signed. It's $2.2 billion, but it actually goes up to 6.2 potentially billion dollars trillion dollars. So you're talking about 6.2 trillion-dollar bill. Nothing like that. And this will deliver urgently needed relief to our nation's families, workers, and businesses. And that's what this is all about.

movielover said:

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Don't leave off other Biden porkulus spending.

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Like what?

Claudia Sahm.
The "Sahm Rule"

https://www.barrons.com/articles/claudia-sahm-fed-interest-rates-inflation-pause-365191d5

movielover said:

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So you didn't like 2% inflation during Trump's tenure?

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Your posts here indicate that you dont have a very good fundamental grasp of economics.

Did it ever to occur to you that there were factors that cut supply and increased demand that had nothing to do with stimulus money from the American Rescue Plan?

One reason the labor market is so strong is because the labor force has been reduced by peolle having died from Covid, older individuals using the pandemic as a reason to retire, and shutting immigration down at the border.

"All the labor shortages drove up wages. They created demand. At the same time, when the economy shut down, people couldnt spend. That pent-up demand had nothing to do with the American Rescue Plan."

movielover said:

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I do have sympathy for blue collar trades hammered by 30 million (or more) illegal immigrants.

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So, then, if we make them legal then they pay taxes and problem solved, right?

Tight labor market, low unemployment - we need all the workers we can get.

concordtom said:

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movielover said:

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I do have sympathy for blue collar trades hammered by 30 million (or more) illegal immigrants.

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So, then, if we make them legal then they pay taxes and problem solved, right?

Tight labor market, low unemployment - we need all the workers we can get.

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I have a strong feeling that Mr. Movielover didnt care about Trump's Trade War with China that hammered the blue-collar workers in the Rustbelt and Farmbelt with devastating TARIFFS that put the MANUFACTURING SECTOR officially into a Recession.

The tariffs were so damaging that they put FAMILY FARMS into the highest rate of Bankruptcy in nearly a Decade.

But Movielover conveniently IGNORES these FACTS.
Just a terribly ignorant poster.

Shocker!

U.S. manufacturing shrank in 2019 as Trump's trade war and Boeing's problems take toll - The Washington Post

Preach!!!
Amen!
Preach!!!!

And Trump actually had no idea what he was doing. Too bad Fox didn't educate their viewers about it!

Were there any benefits to the Tariffs on Chinese imports? What was their purpose? Are they or at least some of them still in effect?

oski003 said:

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Were there any benefits to the Tariffs on Chinese imports? What was their purpose? Are they or at least some of them still in effect?

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Biden has expanded, and not reduced, the tariffs.

I admit, as a globalist and free market advocate, I was against unilateral tariffs even against China. However, Trump's actions against China was one of the things Trump did right.

While I still believe that tariffs against our allies alienated any appetite to have a unified effort against China and created an unnecessary tax on US consumers, the tariff against China was in fact needed.

It did cause many companies that had streamlined supply chain and manufacturing to China to diversify and many are now looking at limiting manufacturing in China only for sales in China.

Seeing how China was limiting manufacturing of key pharmaceutical supplies for sales in China made it even clearer of our need not to rely too much on our geopolitical and economic enemy. They are looking to steal our innovation, prioritize products made in China for sales in China, and impose unilateral restrictions on US companies. Why are we allowing free access to our markets when they are placing such high costs of accessing their markets? They are no longer even the cheaper option.

All for pushing back on China's efforts to put us down and increase their standings.

concordtom said:

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Preach!!!
Amen!
Preach!!!!

And Trump actually had no idea what he was doing. Too bad Fox didn't educate their viewers about it!

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He did need better people, but he was battling the vile Swamp corruption and Democrat / FBI "lawfare".

Nevertheless, we had no new wars, no proxy war with Russia, NATO members contributed record remittances, the border was mostly sealed, energy and food were cheap. We had peace and prosperity. Then the DC Plandemic was unrolled.

Biden's a disaster from the jump, proxy war with Russia, 40-year high inflation, 4.5 million illegal immigrants, ongoing budget disaster, NATO and US military humbled, Russia grows in strength.

oski003 said:

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Were there any benefits to the Tariffs on Chinese imports? What was their purpose? Are they or at least some of them still in effect?

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Yes, China's growth was humbled, the yen was devalued. Last I checked the Biden Administration had kept most of them in.place, but the CCP were throwing $$$ and influence at it. Maybe spy Fang Fang even has a new identity.

movielover said:

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concordtom said:

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Preach!!!
Amen!
Preach!!!!

And Trump actually had no idea what he was doing. Too bad Fox didn't educate their viewers about it!

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He did need better people, but he was battling the vile Swamp corruption and Democrat / FBI "lawfare".

Nevertheless, we had no new wars, no proxy war with Russia, NATO members contributed record remittances, the border was mostly sealed, energy and food were cheap. We had peace and prosperity. Then the DC Plandemic was unrolled.

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More BS excuses.
The people that Trump APPOINTED were HIS HIRES. It wasnt the Deep State. Those were HIS people.

Ive noticed that you live in a fantasy land where the world is simple and uncomplicated. Trump's Administration had the highest turnover on record. It was total chaos.

But you're terribly BLIND.

You ignore and obfuscate Biden (Obama / Rice / Black Rock) titanic, historic ongoing blunders.

Afghanistan debacle.
Arming terrorists with $50-70 Billion in military gear / weapons.
Proxy war with Russia.
NATO and US military supplies hallowed out.
Russian military stronger, and now experienced.
Historic inflation and food inflation.
Wide open border (4.5 Millipn new illegal immigrants).
Illegal immigrants child trafficking? (May be why Susan was just sacked.)
Etc.

Yeah, Trump had mean tweets and turnover.

Blah, blah, blah ...

Do you have a poster of Trump on your bedroom wall? Why is he so important to you? What did Donald Trump DO FOR YOU?.

movielover said:

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You ignore and obfuscate Biden (Obama / Rice / Black Rock) titanic, historic ongoing blunders.

Afghanistan debacle.
Arming terrorists with $50-70 Billion in military gear / weapons.
Proxy war with Russia.
NATO and US military supplies hallowed out.
Russian military stronger, and now experienced.

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Do you even read what you post?

Or do you really believe that we left behind viable helicopters and aircraft in Afghanistan? Are you really this ignorant???

We left behind $7 Billion of equipment and it was mostly garbage. Duh!

Russia is experienced?

They cant even defeat a Comedian.
Theyre nothing but a GAS STATION.

Im sorry.
But youre one of the most IGNORANT posters to ever post at Bearinsider.

Congrats!

DiabloWags said:

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movielover said:

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You ignore and obfuscate Biden (Obama / Rice / Black Rock) titanic, historic ongoing blunders.

Afghanistan debacle.
Arming terrorists with $50-70 Billion in military gear / weapons.
Proxy war with Russia.
NATO and US military supplies hallowed out.
Russian military stronger, and now experienced.

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Do you even read what you post?

Or do you really believe that we left behind viable helicopters and aircraft in Afghanistan? Are you really this ignorant???

We left behind $7 Billion of equipment and it was mostly garbage. Duh!

Russia is experienced?

They cant even defeat a Comedian.
Theyre nothing but a GAS STATION.

Im sorry.
But youre one of the most IGNORANT posters to ever post at Bearinsider.

Congrats!

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More obfuscation on a historically poor president and administration. I believe attorney ShipwreckedCrew had it best when he said we have Obama's C Team running the show.

movielover said:

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Russian military stronger, and now experienced.

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Your radicalization is now complete.

Humm. Just two years ago Russia had an untested military (like most), and 190,000 men in uniform? What does Russia have now?

1. A trained military of 500,000 - 700,000 with varying levels of experience.
2. A highly effective Vagner group.
3. Recruiting another 400,000 men into the military.
4. Low cost, highly effective and coordinated drone strategies and equipment.
5. From recently leaked Pentagon Papers 2.0, a reported 7-to-1 kill ratio; some assert a 10-to-1 kill ratio.
6. A closer military relationship - at minimum with China and Iran.
7. Another 200,00p plus volunteers.
8. Ukranian / NATO military decimated; European stockpiles depleted.
9. Key Eastern Ukranian industrial region largely in the control of Russia, an area rich in key natural
resources, win / win for Russia.

1. Why don't you just do it already, defect!

2. Decimated NATO my ass. What a stupid thing to say.

3. You sound like the Japanese right before they bombed Pearl Harbor. Well, except for that guy who warned about waking the sleeping giant. Stockpiles depleted. Oh my goodness, where'd you get fed all this stuff, Tucker Carlson?

movielover said:

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Humm. Just two years ago Russia had an untested military (like most), and 190,000 men in uniform? What does Russia have now?

1. A trained military of 500,000 - 700,000 with varying levels of experience.
2. A highly effective Vagner group.
3. Recruiting another 400,000 men into the military.
4. Low cost, highly effective and coordinated drone strategies and equipment.
5. From recently leaked Pentagon Papers 2.0, a reported 7-to-1 kill ratio; some assert a 10-to-1 kill ratio.
6. A closer military relationship - at minimum with China and Iran.
7. Another 200,00p plus volunteers.
8. Ukranian / NATO military decimated; European stockpiles depleted.
9. Key Eastern Ukranian industrial region largely in the control of Russia, an area rich in key natural
resources, win / win for Russia.

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This is full of hilariously false information. Do you have evidence the Texeira leak showed a 7:1 ratio in favor of Russia or did you learn that false information from some Twitter blue check like NotUsefulIdiot8675309 or AntiTransWokester3456?

The actual leak showed more than 2.5:1 in favor of Ukraine but separating fact from fiction doesn't seem to fall into your self-described powers of discerning reputable sources from fake news.

Continue to enjoy seeing how well you've taken to your radicalization. Your fawning characterization of Russia's efforts exceeds even that of paid propagandists but you don't even seem to notice. At least ISIS could complain about western aggression in the Middle East but you've have opted into Russian propaganda with zero reason other than, I suppose, because you can't accept that your dear leader Trump can't win elections.

Idk what your smoking, but the leaks did not show that Ukraine is losing(except for the badly photoshopped versions the russians have been sharing around), if anything they confirmed russia has been suffering far higher casualties than Ukraine. pic.twitter.com/QbObFBxkbR

— Canis Occulatus (@CanisOcculatus) April 14, 2023

movielover said:

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You ignore and obfuscate Biden (Obama / Rice / Black Rock) titanic, historic ongoing blunders.

Afghanistan debacle.
Arming terrorists with $50-70 Billion in military gear / weapons.
Proxy war with Russia.
NATO and US military supplies hallowed out.
Russian military stronger, and now experienced.
Historic inflation and food inflation.
Wide open border (4.5 Millipn new illegal immigrants).
Illegal immigrants child trafficking? (May be why Susan was just sacked.)
Etc.

Yeah, Trump had mean tweets and turnover.

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ALL YOU DO IS LIE.

THE PENTAGON SAID THAT THE U.S. LEFT BEHIND $7 BILLION IN AFGHANISTAN.

THE U.S. GAVE A TOTAL OF $18.6 BILLION OF EQUIPMENT TO THE AFGHAN NATIONAL DEFENSE AND SECURITY FORCES FROM 2005 - 2021.

HOW DID YOU COME UP WITH $50 - $70 BILLION?
SOURCE?

"Nearly all equipment used by U.S. military forces in Afghanistan was either retrograded or destroyed prior to our withdrawal and is not part of the '$7.12 billion' figure cited in the DoD report," according to Army Major Rob Loedwick, a DoD spokesperson.

FIRST ON CNN: US left behind $7 billion of military equipment in Afghanistan after 2021 withdrawal, Pentagon report says | CNN Politics

Catturd, Poso, and Charlie Kirk told him otherwise.

AunBear89 said:

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Catturd, Poso, and Charlie Kirk told him otherwise.

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A guy calling himself Catturd has a lot of credibility.

Sounds like Biden's campaign.

The Biden-Harris 2024 Campaign is Off to an Awkward Start – Only 1,800 People Tune In to Watch Joe and Kamala Crash and Burn on Campaign Call (VIDEO) https://t.co/2A745Iz2X5 #gatewaypundit via @gatewaypundit

— Catturd ™ (@catturd2) April 28, 2023

If Trump wants ratings all he has to do is start showing up at his various trials and testify. If he didn't take the fifth to avoid incriminating himself for all the crimes he has committed, it could be must-see TV!

His high ratings have translated into ... checks notes ... losing the popular vote by millions each cycle. 2024 will be no different because watching a car wreck is different from living through one.

I THINK THAT JACK SMITH IS GETTING CLOSE TO INDICTING THE ORANGE BUFFOON.

Full January prank call with the Chairman of the US Federal Reserve Jerome Powell and @evilprank:https://t.co/jjvdBjUpOD pic.twitter.com/tXv0CyZ5Ho

— KanekoaTheGreat (@KanekoaTheGreat) April 27, 2023

Zelensky: Yo, Jerome, wasaaaaap!
Jerome: Z-skyy! What's good, dog?

Unit2Sucks said:

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This is full of hilariously false information. Do you have evidence the Texeira leak showed a 7:1 ratio in favor of Russia or did you learn that false information from some Twitter blue check like NotUsefulIdiot8675309 or AntiTransWokester3456?

The actual leak showed more than 2.5:1 in favor of Ukraine but separating fact from fiction doesn't seem to fall into your self-described powers of discerning reputable sources from fake news.

Continue to enjoy seeing how well you've taken to your radicalization. Your fawning characterization of Russia's efforts exceeds even that of paid propagandists but you don't even seem to notice. At least ISIS could complain about western aggression in the Middle East but you've have opted into Russian propaganda with zero reason other than, I suppose, because you can't accept that your dear leader Trump can't win elections.

Idk what your smoking, but the leaks did not show that Ukraine is losing(except for the badly photoshopped versions the russians have been sharing around), if anything they confirmed russia has been suffering far higher casualties than Ukraine. pic.twitter.com/QbObFBxkbR

— Canis Occulatus (@CanisOcculatus) April 14, 2023

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You have to be a complete fool to not acknowledge that these numbers in the picture above are patently false. Gen. Milley and Ursula von der Leyen, EU chief (and former German Defense Minister, so not a complete idiot on matters of war) both publicly admitted that Ukraine has lost more than 100,000 soldiers all the way back in November.

European Commission President Ursula von der Leyen:

It is estimated that more than 100,000 Ukrainian soldiers have been killed since the beginning of war.

There are more than 20,000 victims among civilians.

The financial damage to Ukraine exceeded 600 billion euros. pic.twitter.com/neFECD5Fce

— Clash Report (@clashreport) November 30, 2022

This is the third time I have had to correct you on this, and yet you're still using that doctored misinformation prop to deny the extent of Ukrainian military losses.

With no explanation on why reports the last three months often feature soldiers in their 50s. I'm used to seeing senior officers in their 50s, not ground troops.

Perhaps I will make an attempt to get back on TOPIC.

Is the Fed Done? A Debate From 17 Years Ago Offers Clues

By Nick Timiraos

https://www.wsj.com/articles/what-a-fed-debate-17-years-ago-reveals-about-its-rate-deliberations-now-4835936

Will another bank collapse spur major adjustments? Will / has commercial real estate tanked, and would a drop there affect residential housing?

movielover said:

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Will another bank collapse spur major adjustments? Will / has commercial real estate tanked, and would a drop there affect residential housing?

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A crash in commercial real estate will create more supply for housing as properties are transitioned over - which is a good thing for housing because there is a shortage.

Commercial real estate is likely to have tough times ahead because of the internet continuing to displace retail and work from home policies reducing demand for office space. Both of these are changes that benefit people.