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

By indigenous follow indigenous   2017 Jan 11, 12:17pm 5,089 views   35 comments   watch   nsfw   quote   share    


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.

1   Ceffer   ignore (4)   2017 Jan 11, 12:54pm     ↓ dislike (0)   quote   flag        

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

2   Ceffer   ignore (4)   2017 Jan 11, 1:01pm     ↓ dislike (0)   quote   flag        

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

3   Liberal_in_blackface   ignore (6)   2017 Jan 11, 1:19pm     ↓ dislike (0)   quote   flag        

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

5   indigenous   ignore (0)   2017 Jan 11, 9:08pm     ↓ dislike (1)   quote   flag        

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.

6   RealEstateIsBetterThanStocks   ignore (0)   2017 Jan 11, 9:16pm     ↓ dislike (0)   quote   flag        

a president who reduces regulation helps grow the economy.

case study: Britain vs. German post WW2.

7   indigenous   ignore (0)   2017 Jan 11, 9:32pm     ↓ dislike (0)   quote   flag        

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.

8   Rew   ignore (0)   2017 Jan 11, 9:34pm     ↓ dislike (0)   quote   flag        

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.)

9   indigenous   ignore (0)   2017 Jan 11, 9:56pm     ↓ dislike (2)   quote   flag        

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.

10   Rew   ignore (0)   2017 Jan 11, 10:19pm     ↓ dislike (0)   quote   flag        

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.)

12   Rew   ignore (0)   2017 Jan 11, 11:12pm     ↓ dislike (0)   quote   flag        

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

13   indigenous   ignore (0)   2017 Jan 12, 4:41am     ↓ dislike (1)   quote   flag        

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.

14   indigenous   ignore (0)   2017 Jan 12, 4:43am     ↓ dislike (0)   quote   flag        

RealEstateIsBetterThanStocks says

indigenous says

Tell me more.

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

15   marcus   ignore (11)   2017 Jan 12, 6:24am     ↓ dislike (0)   quote   flag        

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.

16   indigenous   ignore (0)   2017 Jan 12, 6:30am     ↓ dislike (0)   quote   flag        

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.

17   MMR   ignore (0)   2017 Jan 12, 6:45am     ↓ dislike (0)   quote   flag        

Rew says

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

probably true

18   joeyjojojunior   ignore (1)   2017 Jan 12, 7:11am     ↓ dislike (0)   quote   flag        

"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.

19   indigenous   ignore (0)   2017 Jan 12, 7:20am     ↓ dislike (0)   quote   flag        

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.

20   RealEstateIsBetterThanStocks   ignore (0)   2017 Jan 12, 10:29pm     ↓ dislike (0)   quote   flag        

indigenous says

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

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

21   indigenous   ignore (0)   2017 Jan 12, 10:44pm     ↓ dislike (0)   quote   flag        

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.

22   MMR   ignore (0)   2017 Jan 13, 8:13am     ↓ dislike (0)   quote   flag        

indigenous says

But the statistics indicate they are more educated.

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

23   indigenous   ignore (0)   2017 Jan 13, 8:17am     ↓ dislike (0)   quote   flag        

MMR says

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

I hope not.

24   MMR   ignore (0)   2017 Jan 13, 8:24am     ↓ dislike (0)   quote   flag        

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/

25   indigenous   ignore (0)   2017 Jan 13, 8:50am     ↓ dislike (0)   quote   flag        

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.

26   indigenous   ignore (0)   2017 Jan 13, 12:03pm     ↓ dislike (1)   quote   flag        

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.

27   indigenous   ignore (0)   2017 Jan 13, 12:58pm     ↓ dislike (0)   quote   flag        

NuttBoxer says

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

Touche


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