patrick.net

  new post
register or log in

patrick.net's 40 proposals »

10,743 registered users, 3 online now: Bellingham Bill, Dan, WorkInProgress

The economy 'doesn't really care who's president,' economist says

By indigenous (142/142 = 100% civil)   Jan 11, 12:17pm   ↑ like (2)   ↓ dislike (2)   2 links   1,723 views   39 comments   watch (1)   share   quote  

http://www.mlive.com/news/grand-rapids/index.ssf/2017/01/the_economy_doesnt_really_care.html

The incoming presidential administration will have little to no impact on the 2017 economic picture, according to expert forecaster Alan Beaulieu.

Comments 1-39 of 39     Last »

1   Ceffer (66/66 = 100% civil)   Jan 11, 12:54pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

The Bribe-o-spheres and the Spoils-o-spheres remain intact with GoldieSacks at the reins.

2   iwog (192/192 = 100% civil)   Jan 11, 12:58pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

indigenous says

The incoming presidential administration will have little to no impact on the 2017 economic picture, according to expert forecaster Alan Beaulieu.

He's wrong. Nothing can wreck an economy and bring on an age of neo feudalism quicker than tax policy written by Ayn Rand sociopaths.

That's how socialist revolutions are born. It generally results in capitalists being decapitated.

3   Ceffer (66/66 = 100% civil)   Jan 11, 1:01pm  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

Selfish, covetous, grabbing Fucktards are the basis of all economic wealth and progress!

4   Strategist (88/88 = 100% civil)   Jan 11, 1:04pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

iwog says

That's how socialist revolutions are born. It generally results in capitalists being decapitated.

Ouch!

5   Quigley (31/31 = 100% civil)   Jan 11, 1:12pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Ceffer says

Selfish, covetous, grabbing Fucktards are the basis of all economic wealth and progress!

You really shouldn't be so hard on iwog! I mean, he's probably got feelings and stuff!

6   Tenpoundbass (119/119 = 100% civil)   Jan 11, 1:15pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

iwog says

That's how socialist revolutions are born. It generally results in capitalists being decapitated.

Good luck getting Bubba and Kooter riled up for Marxism comrade.

7   Straw Man (4/4 = 100% civil)   Jan 11, 1:19pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

The only exception is Obama - if he wasn't elected, there would be another Great Depression. Or even two of these.

8   iwog (192/192 = 100% civil)   Jan 11, 1:32pm  ↑ like (2)   ↓ dislike   quote   top   bottom   home   share  

Tenpoundbass says

Good luck getting Bubba and Kooter riled up for Marxism comrade.

ROFLOL.....you don't realize the person burning police cars and shooting cops is YOU!!

You are the one who only sees good and evil. You are the one who will preach that killing is justified to end the librul horde. You are the one who has no problem with supporting a sociopath as long as he's YOUR sociopath.

History is replete with examples of you. You are the one who burned witches. You are the one who stood by and watched Jews get gassed. You are the one who not only stuck Marie Antoinette's head in a guillotine but executed her handmaidens as well. Orwell wrote about you but people like you don't read.

It doesn't have to be a left wing revolution. Your style is more in the mold of Hitler's Nazi party or Pinoche. Either way there's the same end result. You take the gem of the civilized world and burn it to the ground. I know your type very well.

9   Boomchakalaka (2/3 = 66% civil)   Jan 11, 4:31pm  ↑ like (7)   ↓ dislike   quote   top   bottom   home   share  

10   indigenous (142/142 = 100% civil)   Jan 11, 9:08pm  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

On one hand he is right it does not matter who the prez is while he is in office.

OTOH there certainly is regime uncertainty that we saw under Obama and FDR.

The real damage will come down the road when the ACA and Dodd Frank come to fruition.

11   indigenous (142/142 = 100% civil)   Jan 11, 9:13pm  ↑ like   ↓ dislike (2)   quote   top   bottom   home   share  

iwog says

Your style is more in the mold of Hitler's Nazi party or Pinoche.

Funny you should mention that, yet you mutts support Castro who proportionately killed more of his people than Stalin.

Pinochet killed what 3000. Considering his context that was not that many, not to mention how bad Allende had fucked things up.

12   RealEstateIsBetterThanStocks (29/29 = 100% civil)   Jan 11, 9:16pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

a president who reduces regulation helps grow the economy.

case study: Britain vs. German post WW2.

13   indigenous (142/142 = 100% civil)   Jan 11, 9:32pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

RealEstateIsBetterThanStocks says

a president who reduces regulation helps grow the economy.

That's right.

RealEstateIsBetterThanStocks says

case study: Britain vs. German post WW2

Tell me more.

14   Rew (89/89 = 100% civil)   Jan 11, 9:34pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Germany, a country which 'lost' two world wars and had the war fought in their country. Your comparison leaves a lot to be desired.

Try Clinton/Bush v Obama. What do those economies show? (Hint: the US isn't drowning in overregulation of markets right now.)

15   indigenous (142/142 = 100% civil)   Jan 11, 9:56pm  ↑ like   ↓ dislike (2)   quote   top   bottom   home   share  

Rew says

What do those economies show? (Hint: the US isn't drowning in overregulation of markets right now.)

They certainly are, that is a big part of the reason the economy took so long to recover. Dodd Frank, ACA, Sarbanes Oxley, TSA, Homeland security, the alphabet soup of federal agencies, etc.

16   Rew (89/89 = 100% civil)   Jan 11, 10:19pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

ACA, TSA, and Homeland security are economic regs? Please. Just more anti-goverment to be anti-government drivel.

Shortly after dereg what happened to MBSes and the housing market? (Bubble and POP!) There is no such thing as a completely un-regulated market and when you de-regulate you increase risks and destabilize a man made system that actually survives and RUNS ON regulations/laws. It is a balance. You can have too many regs. But what ails our economy isn't stifling regulations.

Prediction: Trump has to respond to a mass shooting about every two months, and near the end of his first term (if the alligators in his swamp don't eat him) he will be holding the reigns of an economic crisis of his (not Obama's) own making.

(Also, just so we are clear on what "Repeal and Replace" will look like for the ACA ... it will actually be "defund some measures and improve". Also any legislation that can be passed probably will take up to two years or more. Prove me wrong Trump/world. Prove me wrong.)

17   RealEstateIsBetterThanStocks (29/29 = 100% civil)   Jan 11, 10:49pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

indigenous says

Tell me more.

18   Rew (89/89 = 100% civil)   Jan 11, 11:12pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Ah yes. The Brexit movie. Made by a pro-communist climate denier. Funny, that sounds kind of like ...

19   iwog (192/192 = 100% civil)   Jan 11, 11:12pm  ↑ like (2)   ↓ dislike   quote   top   bottom   home   share  

indigenous says

Funny you should mention that, yet you mutts support Castro who proportionately killed more of his people than Stalin.

Who supports Castro? Are you just so fucking retarded that you don't even realize when you pull something square out of your ass? I mean most people actually KNOW when they are lying but not you.

I didn't support Castro but it's nice to see you're still a pathetic little lying shit.

20   indigenous (142/142 = 100% civil)   Jan 12, 4:41am  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

Rew says

Just more anti-goverment to be anti-government drivel.

Anti free market drivel is the only thing that you are talking about.

You have not noticed any infringement on your civil liberties since 9-11? You must be a zombie

You have not noticed that you cannot keep your Dr or plan since the ACA and the new plan cost a lot more? you must be a zombie.

Preceding all of the MBSs, HELOC abuse, speculation, AIG stupidity, rating agency abuse, liar loans, was one thing.

That one thing was Greenspan lowering the interest rates in 2002 that CAUSED the bubble. A little appreciated FACT is that this moronic move by Greenspan was also accompanied by an increase in the demand by the boomers. Which is why housing sales are so low.

21   indigenous (142/142 = 100% civil)   Jan 12, 4:43am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

RealEstateIsBetterThanStocks says

indigenous says

Tell me more.

I meant more about the post WW2 in Germany and Britain.

22   indigenous (142/142 = 100% civil)   Jan 12, 4:44am  ↑ like   ↓ dislike (2)   quote   top   bottom   home   share  

iwog says

I didn't support Castro

Most of you Libbys do support Castro for some Libby nonsensical reason, like most of your blather about the feudal state.

23   marcus (65/65 = 100% civil)   Jan 12, 6:24am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

indigenous says

The economy 'doesn't really care who's president,' economist says

When a commie liberal is in charge, they always say that the uncertainty that causes is bad for the economy, because corporations are too cautious in their planning.

I don't know. From my view this is one of the most uncertain times we've ever seen. Although at the beginning of Trumps term, the prospect of unprecedented deficit spending by the government should prevent a total collapse, at least in the short run.

24   indigenous (142/142 = 100% civil)   Jan 12, 6:30am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

marcus says

When a commie liberal is in charge, they always say that the uncertainty that causes is bad for the economy, because corporations are too cautious in their planning.

Agreed

marcus says

I don't know. From my view this is one of the most uncertain times we've ever seen.

Mostly because of demographics.

marcus says

Although at the beginning of Trumps term, the prospect of unprecedented deficit spending by the government should prevent a total collapse, at least in the short run.

Most of that will be entitlements, which goes to people that do not spend much, i.e. it won't help.

What will help is when millennials start buying houses, albeit there has to be some education in the Latinos otherwise there won't be much house buying. But the statistics indicate they are more educated.

25   MMR (36/36 = 100% civil)   Jan 12, 6:42am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

iwog says

Orwell wrote about you but people like you don't read.

I thought he wrote about people who support things like the patriot act.

26   MMR (36/36 = 100% civil)   Jan 12, 6:45am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

Rew says

"Repeal and Replace" will look like for the ACA ... it will actually be "defund some measures and improve

probably true

27   joeyjojojunior (84/84 = 100% civil)   Jan 12, 7:11am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

"I thought he wrote about people who support things like the patriot act."

I'll give you 10 to 1 that if Trump came out in support of the Patriot Act, then Bass would be the biggest Patriot Act fan out there.

28   indigenous (142/142 = 100% civil)   Jan 12, 7:20am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

joeyjojojunior says

I'll give you 10 to 1 that if Trump came out in support of the Patriot Act, then Bass would be the biggest Patriot Act fan out there.

To many the Capt'n appears nonsensical, because he thinks his own thoughts. Regarding Trump the Capt'n represents a common view in that we are sick and fucking tired of Obama's bullshit.

29   RealEstateIsBetterThanStocks (29/29 = 100% civil)   Jan 12, 10:29pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

indigenous says

I meant more about the post WW2 in Germany and Britain.

it is in the video...around the middle.

30   indigenous (142/142 = 100% civil)   Jan 12, 10:44pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

RealEstateIsBetterThanStocks says

it is in the video...around the middle.

Yeah thanks, I listened to it.

An interesting dichotomy that showed the difference between the two.

31   MMR (36/36 = 100% civil)   Jan 13, 8:10am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

iwog says

ROFLOL.....you don't realize the person burning police cars and shooting cops is YOU!

we talking about white people in Baton Rouge/Ferguson or black people in Baltimore? Maybe he is that fugitive in Orlando?

32   MMR (36/36 = 100% civil)   Jan 13, 8:13am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

indigenous says

But the statistics indicate they are more educated.

Education.....is that what they do in 2/5 star schools in Los Angeles?

33   indigenous (142/142 = 100% civil)   Jan 13, 8:17am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

MMR says

Education.....is that what they do in 2/5 star schools in Los Angeles?

I hope not.

34   MMR (36/36 = 100% civil)   Jan 13, 8:24am  ↑ like (1)   ↓ dislike   quote   top   bottom   home   share  

Rew says

Prediction: Trump has to respond to a mass shooting about every two months

Maybe they will push to end gun free zones and put pressure on drug companies regarding the hidden harms of SSRI drugs

https://www.scientificamerican.com/article/the-hidden-harm-of-antidepressants/

35   Ironman (141/151 = 93% civil)   Jan 13, 8:50am  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

Rew says

and near the end of his first term (if the alligators in his swamp don't eat him) he will be holding the reigns of an economic crisis of his (not Obama's) own making.

Wait, why can't he just blame it on Bush, just like Obama has for the last 8 YEARS?

36   indigenous (142/142 = 100% civil)   Jan 13, 8:50am  ↑ like   ↓ dislike   quote   top   bottom   home   share  

MMR says

put pressure on drug companies regarding the hidden harms of SSRI drugs

If this ever hits the main stream it will be time to short Eli Lilly et.al. it will make the Phillip Morris law suit look like small claims court.

37   indigenous (142/142 = 100% civil)   Jan 13, 12:03pm  ↑ like   ↓ dislike (1)   quote   top   bottom   home   share  

RealEstateIsBetterThanStocks says

indigenous says

I meant more about the post WW2 in Germany and Britain.

it is in the video...around the middle.

I finished that video. EXCELLENT, especially when they talked about Switzerland.

38   NuttBoxer (41/42 = 97% civil)   Jan 13, 12:47pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

iwog says

That's how socialist revolutions are born. It generally results in capitalists being decapitated.

Funny, I see the opposite happening in Venezuela right now.

39   indigenous (142/142 = 100% civil)   Jan 13, 12:58pm  ↑ like   ↓ dislike   quote   top   bottom   home   share  

NuttBoxer says

Funny, I see the opposite happening in Venezuela right now.

Touche

Comments 1-39 of 39     Last »

Watch comments by email

home   top   users   about   contact  
#investing   #housing   #politics   #humor  
housing crash   thunderdome   sexy pix   site suggestions  
best comments   ad hominem comment jail   patrick.net on twitter   random post  
please recommend patrick.net to republicans