Consumer confidence just means confidence in having a line of credit approved. It has nothing to do with the quality of life Americans have.
Trump really isn't an extremist in terms of policy .... He's obnoxious , his rhetoric is usually in poor taste and often questionable legally. But in terms of policy he's not really a wingnut. It's just so damn hard to get beyond the obnoxious and legally questionable things to see that. I know someone will come along and say I'm taking up for Trump - That's not the case.
This is all nonsense. Debt is only at all-time records in absolute terms - something that's pretty normal since GDP continually grows. Debt is nowhere near 2008 levels as a share of income, and Americans' balance sheets are in pretty good shape historically speaking. Besides that, 2008 wasn't caused by consumer debt - it was caused by banks doing stupid **** and melting down. If not for that, the consumer debt was sustainable - and it is today because it's being financed at record low rates. Americans are paying much less in interest than they did for debt in the past. Every measure today suggests that Americans as a whole are pretty contented with their current economic situations, and happier overall than they EVER have been in 40+ years of tracking. Trying to convince them otherwise and that they need some kind of massive revolution is not a particularly ideal strategy. https://news.gallup.com/poll/284285/new-high-americans-satisfied-personal-life.aspx
More or less from my perspective. His rhetoric and behavior is certainly worse than his overall policies. However I am not a big fan of his policies.
In terms of today's results, it's about as good a result as Bernie could have hoped for. Not only did he win convincingly, he won on the issue of electability, and he gained a lot of voters between first and second ballots, meaning supporters of other candidates were willing to pick him 2nd. That was something that didn't happen in Iowa. If he can pull off a win in SC, it gets very hard to see him being stopped, even in a convention fight. Going forward, Biden finally got a 2nd place. If he can combine that with 1st place in South Carolina, he can maybe do well enough on Super Tuesday to stay in the mix. Pete seems stuck in this can't-win but too-good-to-give-up middle ground. Warren has no real viable endgame but is taking votes from Bernie at this point. Amy needs to stop. Bloomberg is still a bizarre wild card.
I like that post overall, but: * damage he’s doing to government is real, very real, and goes beyond normal “policy.” Unless “ ****ing **** up” is part of a policy. * the immigration crap is fairly radical when you dig into it. Dude really has a hardon for a white America.
He has screwed up quite a bit .... The damage he's done is more about trust and the system than anything else. The immigration stuff is way overblown (It is what got him elected tho) He's done literally nothing that wasn't done under Obama in that regard , including kids locked in cages - and Obama deported more ... I really want a viable alternative to Trump but if Bernie gets the nom - the economics impact us far greater than anything else. I'll vote for Biden , Buttigieg , Klobuchar , Bloomberg and even Steyer ..... but Its a big fat hell no to Bernie.
Trump's an extremist across the board on immigration, foreign relations, NATO, trade, the environment, intelligence, the judiciary, taxation, health care, energy, election integrity, justice generally. He's a mobster, you should vote for him and then reflect about what that says about you.
I'm sorry, but He has done more to tear down the institutions of government, you know, checks and balances and ****all, that any single person not named Mitch McConnell.
How would any Democratic nominee impact the economy for better or worse more than the current POTUS has?
Really depends on the makeup of the house and senate. How do you see this election playing out ? Does Trump win and carry the down ballot ? Does Trump win but the Dems hold the house ? Is Trump so toxic Sanders wins along with the senate flipping? Does Sanders win but the GOP keeps the Senate ? I could live with either of the bold - opposing party holding either the house or senate but the scenario's where either party holds all three - we're screwed no matter who wins and in that case , I'd prefer the economic status quo for me and mine.
That is what I was alluding to .... Have a read: https://www.city-journal.org/bernie-sanders-expensive-spending-proposals https://budgetmodel.wharton.upenn.edu/issues/2020/1/23/sanders-wealth-tax
I'm not sure, I think regardless half the Dems put us as much of a fight to his policies as the GOP. My point in asking this is many of those who claim to be very frightened of Bernie's proposals are in the same boat of saying it will be impossible for him to pay anything without major compromise. So I always figured, if one is in both of those thought boats, I find it contradictive to end in anxiety. If you beleive there will be a good chance Bernie can get things done, then you can have legitimate anxiety due to potential change. And of course, for me, I don't prefer the economic status quo, and if you ask what I think Bernie can get done, my answer is no clue, but I have a strong feeling he will give the united states the best possible chance at the policies I support, regardless how small that chance actually is.
It goes hand in hand dude. https://www.marketwatch.com/story/a...n-heres-why-theyre-feeling-so-good-2020-02-11
This seems like it's all just a consequence of moving further away from the crash. Just because X is better now doesn't mean it's legitimately good, it's simply better compared to Y which was flaming dog turds. This little caption in the article illustrates the point perfectly... Americans’ financial satisfaction recently hit a 10-year high, according to an analysis by the American Institute of CPAs. Gee, I wonder what happened 10 years ago...?
