Joe Biden defeats Trump to win US election

[greg0205]

What the cult believe:

https://twitter.com/i/web/status/1341931925838192643

What's actually happening:

The stimulus is in limbo, including $2K for regular folks and a nixed pay raise for troops. Unemployment lapses today and there has been no WH input whatsoever.

Nearly 340K folks have died from a virus and there's are in queues at food banks for Christmas...

... all while the president of the United States:

 

[etienne_marais]

Lol. What would the bumf*ck states that get their funding from 'Commie' states do for money?

The problem will be the other way round.

 

[RanzB]

The problem will be the other way round.

Only if you don't understand how maths works. But as we know.. Trumpers and maths/science/logic don't go well together.

 

[etienne_marais]

Only if you don't understand how maths works. But as we know.. Trumpers and maths/science/logic don't go well together.

Increase in social expenditure weakens the economy and results in unemployment and hardship, having a focus on policies that drive economic growth (as Republicans do) grows the economy and secures jobs. This was demonstrated by Trump vs. previous administrations.

 

[etienne_marais]

Only if you don't understand how maths works. But as we know.. Trumpers and maths/science/logic don't go well together.

b.t.w., whlie far away from a Ph.D, I do have third year university level applied mathematics, calculus and algebra under the belt. I have also studied some formal logic.

 

[ToxicBunny]

b.t.w., whlie far away from a Ph.D, I do have third year university level applied mathematics, calculus and algebra under the belt. I have also studied some formal logic.

Formal logic? I do feel you may need to ask for a refund on those courses...

 

[greg0205]

Increase in social expenditure weakens the economy and results in unemployment and hardship, having a focus on policies that drive economic growth (as Republicans do) grows the economy and secures jobs. This was demonstrated by Trump vs. previous administrations.

I mean, if you could produce any data to back up this utterly laughable claim, that would be great.

I'll wait.

Oh, while you google, here are some graphs and links:

These 10 charts show how the economy performed under Trump versus prior presidents

President Donald Trump inherited a strong economy, and it continued to grow at a healthy rate during his first three years in office. Then the Covid-19 pandemic changed everything.

edition.cnn.com

Trump boasts the economy reached historic heights during his first term. Here are 9 charts showing how it stacks up to the Obama and Bush presidencies.

The economy under President Trump before the pandemic largely grew at the same pace as it did under Barack Obama.

www.businessinsider.com

https://www.jec.senate.gov/public/_cache/files/309cc8e1-b971-45c6-ab52-29ffb1da9bf5/jec-fact-sheet---the-economy-under-democratic-vs.-republican-presidents-june-2016.pdf

Fact check: Do Republican presidents oversee recessions and Dems oversee recoveries?

Have only GOP leaders since Reagan had recessions? Not quite. Democratic presidents oversee recoveries, but Obama still had to tackle recession.

www.usatoday.com

 

[RanzB]

Increase in social expenditure weakens the economy and results in unemployment and hardship

Yes, as evidenced by Australia, Sweden, Denmark, Canada, Norway etc etc etc etc..

Let me guess, do we have another data scientist on MyBB? Could we be that lucky?

 

[AlmightyBender]

The problem will be the other way round.

Oh noes. I don't think you've been properly introduced to these things called facts and reality. You should check them out sometime:

These charts show how Democrats represent the modern economy – and how Republicans are left behind

With a few races still undecided, data from the Brookings Institution show that districts won by Democrats account for 61 percent of America's gross domestic product, districts won by Republicans 38 percent.

www.cnbc.com

 

[etienne_marais]

^^ This admittedly represents higher education levels and non-industrial line of work (as per the article) of Democrats, yielding higher GDP contribution, but it is not a reflection of overall economic policy and capitalist vs. socialist dynamics.

 

[etienne_marais]

etienne_marais said:
The problem will be the other way round.

Oh noes. I don't think you've been properly introduced to these things called facts and reality. You should check them out sometime:

I still insist more socialist principles will lead to weaker economy and visa versa. Once separated into two states and the Democrats actually implementing social principles (without riding on the back of capitalism) and the Republican holding to economic growth, the latter will perform better.

 

[The Trutherizer]

^^ This admittedly represents higher education levels and non-industrial line of work (as per the article) of Democrats, yielding higher GDP contribution, but it is not a reflection of overall economic policy and capitalist vs. socialist dynamics.

I'm so damned tired of people who think an ideal working market is one dominated by either capitalism or socialism, but never a mix of the two.
The very best places to live, work, play, grow up as a child, have children, retire, etc... etc... etc... For the most people...
...are places that effectively balance capitalism AND social spending.

 

[greg0205]

^^ This admittedly represents higher education levels and non-industrial line of work (as per the article) of Democrats, yielding higher GDP contribution, but it is not a reflection of overall economic policy and capitalist vs. socialist dynamics.

Would your capitalist red States still have roads, and airports, and air traffic control, and running water, and a sewage system, and public transport, and schools, and libraries, and parks, and fire departments, and police, and a military?

Would FEMA come help folks when a hurricane hit?

Socialists would really like to know.

 

[EADC]

I still insist more socialist principles will lead to weaker economy and visa versa. Once separated into two states and the Democrats actually implementing social principles (without riding on the back of capitalism) and the Republican holding to economic growth, the latter will perform better.

That fact is the red states need the blue states and vice versa it's that simple it's not one or the other.

 

[RanzB]

I still insist more socialist principles will lead to weaker economy and visa versa.

Facts don't care about your feelings.

 

[etienne_marais]

I mean, if you could produce any data to back up this utterly laughable claim, that would be great.

I'll wait.

Oh, while you google, here are some graphs and links:

The very first couple of google results:

The truth is, neither former President Barack Obama nor President Donald Trump deserve much credit for the decline in unemployment that occurred over the last decade until the pandemic changed everything. The real reasons that unemployment dropped to 3.5 percent by the end of 2019? Demographics, for the most part, and to some extent loose monetary policy and fiscal stimulus.

A chart of unemployment under Trump and Obama tells quite a tale | Column (tampabay.com)

And

The Trump economy continued to improve following the gains made during the eight-year presidency of Barack Obama. Unemployment hit a 50-year low of 3.5 percent in September 2019.

But conditions deteriorated sharply once the coronavirus shuttered much of the US economy in March, and unemployment jumped to 14.7 percent in April.

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

 

[greg0205]

The very first couple of google results:


A chart of unemployment under Trump and Obama tells quite a tale | Column (tampabay.com)

And

The Trump economy continued to improve following the gains made during the eight-year presidency of Barack Obama. Unemployment hit a 50-year low of 3.5 percent in September 2019.

But conditions deteriorated sharply once the coronavirus shuttered much of the US economy in March, and unemployment jumped to 14.7 percent in April.

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

Nothing in those links address:

Increase in social expenditure weakens the economy and results in unemployment and hardship, having a focus on policies that drive economic growth (as Republicans do) grows the economy and secures jobs. This was demonstrated by Trump vs. previous administrations.

And that was your claim.

They say he inherited Obama's economy and that growth was relatively robust *prior* to Covid-19

*prior*

They mention the deficit being blown out, as well as the $2,2Tn farm bailout - you should ask your capitalist friends about that - and Jerome Powell basically not listening to Donnie.

Also, the unemployment chart stops before the pandemic so it's worthless.

Last I checked, time didn't stop when the pandemic hit.

Obama played the market-crash hand he was dealt by W... You're crying 'cos your guy got called, all-in on a pair, but he coulda, shoulda, woulda won if he was only dealt a straight flush.

He wasn't.

Life and the presidency don't work that way.

 

[TysonRoux]

 

[TysonRoux]

The very first couple of google results:

Did sleepy Joe ever hint at taking credit for the vaccine?
No he didn't, but your Orange Fuhrers comment exposes his mental health issues.

Trump says don’t let Biden take credit for Covid vaccine

Donald Trump claims he pushed very hard for regulatory approval for coronavirus vaccines

www.independent.co.uk

Keep being a good disciple.

 

[etienne_marais]

Here's another one from first page of google search relating to employment

Unemployment Dropped Lower in 4 Months Under Trump Than 4 Years Under Obama​

President Donald Trump consistently polls better than former Vice President Joe Biden on the issue of handling the economy, and there is a good reason why.

Under the Trump administration (pre-COVID-19), the country enjoyed its lowest unemployment rate in 50 years and the lowest ever recorded for African-Americans and Hispanic Americans.

Another interesting statistic is that the unemployment rate stood higher at the end of Barack Obama’s first term than it currently stands now, COVID and all.

Less unemployment, less social grants, more GPD per capita, eventually increase in economic strength (does not happen overnight)