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  1. Hi there... Can you please quickly check to make sure your email address is up to date here? Just in case we need to reach out to you or you lose your password. Muchero thanks!

Second quarter GDP rose 2.4%

Discussion in 'Too Hot for Swamp Gas' started by dangolegators, Jul 27, 2023.

  1. mutz87

    mutz87 p=.06

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    Seems the above is what you're trying to say, but it is different (opposite) of what you wrote in that first comment. Not criticizing, just pointing it out.

    Or I can't read well lol.

    Yes, the economy is cyclical (imperfectly and not the same every time).

    I think it's possible there could be be some merit to the timing argument. I don't know the merit of such arguments since I haven't read anything about it specifically.

    FWIW, there were twice as many recessions under R presidents (10) than under D Presidents (5). Only Clinton and LBJ didn't experience a recession.

    Same time, three D (Truman, JFK, & Obama) inherited recessions compared to one R (Ford).
     
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  2. mutz87

    mutz87 p=.06

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    Possible, I would think. I'd like to see those numbers
     
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  3. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Must really suck for you that the economy does demonstrably better under Dem presidents than Repub presidents. It goes against your entire worldview. So you have to come up with something, anything, to try to rationalize it.
     
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  4. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Clueless.
     
  5. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    We're talking 70 years of history, not just the Biden years. In fact this whole conversation started when you complained that liberals used the jobs lost because of the pandemic to make Repub presidents look bad in general. Now you want to focus on the short term pandemic aftermath yourself.
     
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  6. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    You know nothing about job creation…

    [​IMG]
     
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  7. gatorpa

    gatorpa GC Hall of Fame

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    I want to look at all the facts and not ignore things or go off a small snippet.
    Like I said and you have doubled down on your stance so perhaps there isn’t any point in continuing a discussion, correlation is not causation and the US economy has never been something that is quickly affected by a sitting president.
    You know that but choose to ignore that to make yourself feel better about your team.

    The general consensus is the pub party is dead as far as presidential chances for the foreseeable future so we will see what happen if the next 12 years we get a Dem, even money there will be some big bust, but it will likely be the Pubs fault then too.
     
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  8. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    The economy is often affected fairly quickly by major legislation that a president signs -- things like tax cuts and increases, and increases in federal spending. The covid relief bills had an immediate affect. Trump's tax cuts were given credit by your side for Trump's economy prior to the pandemic. Biden's bills on infrastructure and green energy are already having an impact and will continue to for years to come. Federal spending is about 25% of the US economy and the president is the single person who has the greatest impact on that 25%.
     
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  9. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Employment consistently does better under Democratic presidents than Republican presidents. Could just be a coincidence.
     
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  10. gatorpa

    gatorpa GC Hall of Fame

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    I didn’t realize the President had carte blanche to just pass whatever legislation they want, of wait they don’t. You seem to forget about congress have just a bit of say in what a President does.

    I was told here that “Biden’s “ infrastructure bill had not even really done anything in the way of the economy by one of the other Biden dreamers here as almost none of that money had been doled out. If that true how has it had any real impact?
     
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  11. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    It's awesome, isn't it? The infrastructure spending has barely begun and yet we are still adding jobs like crazy. Just think how good it's going to be when the infrastructure spending really kicks in over the next few years. By 2024, Biden's last year of his first term, the bills he signed will be having a huge impact on the economy. And then there's his second term...
     
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  12. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    I think we found dream Barbie.
     
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