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Thread: Trump's Economy

  1. #151
    Defense ProfessionalSenior Contributor tbm3fan's Avatar
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    Quote Originally Posted by Wonderful Plans View Post
    Global companies gave up on America during Bush's term during 2000-2008 and relocated to third world operations where theybcould evade taxes while claiming U.S. origin and protection. They exploited their labor force and drove up debt in America while not being required to pay ot off. Now that Trump is in office he has vowed to bring back those companies and has succeeded thusfar with some of them. Also, the West coast in the U.S.A. is continuing through the depression that started in 2008. Here on the east coast you can see the economy has returned and people are recovering but back there in the west its as miserable as ever. At the same time, over the past several years, many huge business have left California to relocate in an eastern state, something like 5000 business per year. Here's one of many such articles on that https://www.thegatewaypundit.com/201...ers-activists/

    You could say that yes immigration has a lot to do with the economic woes. Trump said himself this country is over capacity cannot support more immigrants. Theres a lot of "politics" as you say in there if you look beyond the game of numbers.
    That is your source a known extreme, and this one is extreme, right wing rag. Good to know for all future reference concerning your abilities.

    Now to straighten it all out, for others, in simple terms Nestle, SA is moving out of Oakland and mainly Southern California due to heavy traffic congestion and the high priced housing and rental market. Wait how can we in California, the "West", possibly have increasing costs in housing and rentals if our economy is in a depression. I think I need an economist to explain how that is possible.

  2. #152
    Resident Curmudgeon Military Professional Gun Grape's Avatar
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    If only the rest of the country could be in as bad of shape as California. Break her off from the US and California is the 5th largest economy in the world.
    Human Scum. Proud Never Trumper

  3. #153
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    the main source of California's problems is that everyone and their mother wants to move there and NIMBYism is preventing organized, planned growth.

    fortunately SB 50 is in the pipeline now, which if passed should alleviate a significant portion of the housing issue in the decades to come.

    https://www.theatlantic.com/ideas/ar...fornia/604786/

    tackling the housing issue will directly address both the middle-class getting priced out as well as the homeless issue.
    There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "My ignorance is just as good as your knowledge."- Isaac Asimov

  4. #154
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    Quote Originally Posted by Gun Grape View Post
    If only the rest of the country could be in as bad of shape as California. Break her off from the US and California is the 5th largest economy in the world.
    Yea yea I know I know, I hear that all the time. What I also hear all the tike is that California makes $100b a year but its debt is $300b. (I actually looked up the numbers and couldn't find this figure but I heard many many times.) I also hear that business are up and leaving by the thousands and have done so consistently since around 2015. I also hear that SoCal is slipping into 3rd world conditions and will soon resemble Mexico so closely you couldn't tell them apart. Also, apparently L.A. is literally turning into a the worlds largest landfill as we speak. Trash is piling up in the streets and nobody is cleaning it up. Nasty.

    You don't have to take my word for it I was just telling you honestly what I heard. As what I could verify here's one data filled article to start with if you want to check it out.

    2018 Financial State of California (Released 9/24/2019)
    https://www.data-z.org/state_data_an...ail/california

    California was once a popular and beautiful place to live but now I'm not so sure anymore.

  5. #155
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    correction: thats all the "time" not all the "tike"
    There doesn't appear to be an edit button on this board.

  6. #156
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    What I also hear all the time is that California makes $100b a year but its debt is $300b.
    uh...

    https://www.latimes.com/california/s...et-excess-cash

    yes, yes, what you've "heard". Trump uses this rhetorical tic too; it allows him to get away with a bunch of untruths or outright lies because of course none of it is attributable to him, it's just stuff that "he's heard".
    There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "My ignorance is just as good as your knowledge."- Isaac Asimov

  7. #157
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    Quote Originally Posted by Wonderful Plans View Post
    correction: thats all the "time" not all the "tike"
    There doesn't appear to be an edit button on this board.
    You should see an Edit Post button next to the Reply and Reply With Quote buttons
    “You don’t even have to be convicted of a crime to lose your job in this constitutional republic if the Senate determines that your conduct as a public official is clearly out of bounds in your role… because impeachment is not about punishment. Impeachment is about cleansing the office. Impeachment is about restoring honor and integrity to the office.”
    ~ Lindsey Graham

    "The notion that you can withhold information and documents from Congress no matter whether you are the party in power or not in power is wrong. Respect for the rule of law must mean something, irrespective of the vicissitudes of political cycles."
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  8. #158
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    Quote Originally Posted by astralis View Post
    uh...

    https://www.latimes.com/california/s...et-excess-cash

    yes, yes, what you've "heard". Trump uses this rhetorical tic too; it allows him to get away with a bunch of untruths or outright lies because of course none of it is attributable to him, it's just stuff that "he's heard".
    Also, "People are saying"
    And, "A man came up to me and said "Sir....""
    “You don’t even have to be convicted of a crime to lose your job in this constitutional republic if the Senate determines that your conduct as a public official is clearly out of bounds in your role… because impeachment is not about punishment. Impeachment is about cleansing the office. Impeachment is about restoring honor and integrity to the office.”
    ~ Lindsey Graham

    "The notion that you can withhold information and documents from Congress no matter whether you are the party in power or not in power is wrong. Respect for the rule of law must mean something, irrespective of the vicissitudes of political cycles."
    ~ Trey Gowdy

  9. #159
    Defense ProfessionalSenior Contributor tbm3fan's Avatar
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    Quote Originally Posted by astralis View Post
    uh...

    https://www.latimes.com/california/s...et-excess-cash

    yes, yes, what you've "heard". Trump uses this rhetorical tic too; it allows him to get away with a bunch of untruths or outright lies because of course none of it is attributable to him, it's just stuff that "he's heard".
    Funny I have lived in California since 1966 and have also heard a lot but in the end never saw any of it especially what so and so says he heard about SoCal...

  10. #160
    Senior Contributor DOR's Avatar
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    Quote Originally Posted by tbm3fan View Post
    That is your source a known extreme, and this one is extreme, right wing rag. Good to know for all future reference concerning your abilities.

    Now to straighten it all out, for others, in simple terms Nestle, SA is moving out of Oakland and mainly Southern California due to heavy traffic congestion and the high priced housing and rental market. Wait how can we in California, the "West", possibly have increasing costs in housing and rentals if our economy is in a depression. I think I need an economist to explain how that is possible.
    You called Econbusters?

    When the buggy whip manufacturers discovered that their product was far less in demand than it used to be, they hired legions of lobbyists to defend their way of life. That is why the automobile never really took off as a personal transportation device.

    When automatic switching exchanges began to be introduced, it was the 1919 Telephone Operators Strike that swiftly brought to a close that threat to the livelihoods so elegantly represented by Lily Tomlin's Ernestine. Millions of people were thus spared the aching necessity of dialing their own phones, and the entire concept of mobile telephony never even got off the ground.

    Bank tellers rose up in force when automated teller machines ("ATMs") begin to appear in the 1960s. As a direct result, the National Cash Register Co was saved from bankrupcy, and today enjoys $7 billion in revenues.

    Typewriters, floppy disks, the US Postal Service, wrist watches, and 6' long muzzle loading flintlocks are all essential tools of the modern man, thanks to the mindset that demands the early and instant demise of any and all innovation.
    Trust me?
    I'm an economist!

  11. #161
    Senior Contributor DOR's Avatar
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    Quote Originally Posted by Wonderful Plans View Post
    Yea yea I know I know, I hear that all the time. What I also hear all the tike is that California makes $100b a year but its debt is $300b. (I actually looked up the numbers and couldn't find this figure but I heard many many times.) I also hear that business are up and leaving by the thousands and have done so consistently since around 2015. I also hear that SoCal is slipping into 3rd world conditions and will soon resemble Mexico so closely you couldn't tell them apart. Also, apparently L.A. is literally turning into a the worlds largest landfill as we speak. Trash is piling up in the streets and nobody is cleaning it up. Nasty.

    You don't have to take my word for it I was just telling you honestly what I heard. As what I could verify here's one data filled article to start with if you want to check it out.

    2018 Financial State of California (Released 9/24/2019)
    https://www.data-z.org/state_data_an...ail/california

    California was once a popular and beautiful place to live but now I'm not so sure anymore.
    After years of GOPer governors destroying California’s finances (Ronald Reagan, 1967-75), Jerry Brown (1975-83) restored fiscal sanity. This was followed by years of GOPer governors destroying California’s finances: George Deukmejian, 1983-91; Pete Wilson, 1991-99; and Arnold Schwarzenegger, 2003-11. Cue the return of sanity that is and was Jerry Brown (2011-19).

    California’s $15.7 billion 2012 budget deficit became a $5 billion surplus by 2017.

    California remains a beautiful and popular place, but please don't move there. That part of the country still has some respect for the truth, and tolerance for those who are not exactly like us.
    Trust me?
    I'm an economist!

  12. #162
    Former Staff Senior Contributor Ironduke's Avatar
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    Quote Originally Posted by DOR View Post
    Typewriters, floppy disks, the US Postal Service, wrist watches, and 6' long muzzle loading flintlocks are all essential tools of the modern man, thanks to the mindset that demands the early and instant demise of any and all innovation.
    What's the replacement that's more innovative than wristwatches? The cell phone? You have to reach into your pocket, pull out the phone, turn on the screen, look at the time, then put it back into your pocket. Way more practical to simply look at your wrist. Takes a fraction of a second to check the time, versus a few seconds doing so on a cell phone.

    Whipping out a cell phone to check the time is an inferior, more inconvenient substitute. It's like using a pocket watch, but worse.
    Last edited by Ironduke; 15 Jan 20, at 11:28.
    "Every man has his weakness. Mine was always just cigarettes."

  13. #163
    Defense ProfessionalSenior Contributor tbm3fan's Avatar
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    Quote Originally Posted by DOR View Post
    After years of GOPer governors destroying California’s finances (Ronald Reagan, 1967-75), Jerry Brown (1975-83) restored fiscal sanity. This was followed by years of GOPer governors destroying California’s finances: George Deukmejian, 1983-91; Pete Wilson, 1991-99; and Arnold Schwarzenegger, 2003-11. Cue the return of sanity that is and was Jerry Brown (2011-19).

    California’s $15.7 billion 2012 budget deficit became a $5 billion surplus by 2017.

    California remains a beautiful and popular place, but please don't move there. That part of the country still has some respect for the truth, and tolerance for those who are not exactly like us.
    There are many, on a certain side, who liked to call Jerry a nut case or Moonbeam. In actuality Brown was fairly conservative with money both times in office. He always believed in having a good surplus in case of bad years. I guess those bad years were during Republican governors. He did it again before leaving office for his ranch and resisted the Legislature's call for spending more of the surplus.

  14. #164
    Defense ProfessionalSenior Contributor tbm3fan's Avatar
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    Quote Originally Posted by DOR View Post
    You called Econbusters?

    When the buggy whip manufacturers discovered that their product was far less in demand than it used to be, they hired legions of lobbyists to defend their way of life. That is why the automobile never really took off as a personal transportation device.

    When automatic switching exchanges began to be introduced, it was the 1919 Telephone Operators Strike that swiftly brought to a close that threat to the livelihoods so elegantly represented by Lily Tomlin's Ernestine. Millions of people were thus spared the aching necessity of dialing their own phones, and the entire concept of mobile telephony never even got off the ground.

    Bank tellers rose up in force when automated teller machines ("ATMs") begin to appear in the 1960s. As a direct result, the National Cash Register Co was saved from bankrupcy, and today enjoys $7 billion in revenues.

    Typewriters, floppy disks, the US Postal Service, wrist watches, and 6' long muzzle loading flintlocks are all essential tools of the modern man, thanks to the mindset that demands the early and instant demise of any and all innovation.
    Thank you Dr. Spengler

  15. #165
    Senior Contributor DOR's Avatar
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    Quote Originally Posted by Ironduke View Post
    What's the replacement that's more innovative than wristwatches? The cell phone? You have to reach into your pocket, pull out the phone, turn on the screen, look at the time, then put it back into your pocket. Way more practical to simply look at your wrist. Takes a fraction of a second to check the time, versus a few seconds doing so on a cell phone.

    Whipping out a cell phone to check the time is an inferior, more inconvenient substitute. It's like using a pocket watch, but worse.
    It's called a mobile phone, or "cell," Grandpa.
    Ask a teenager.
    Trust me?
    I'm an economist!

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