/biz/ - Business & Finance

Looking forward to his second term desu

>>16525673
He won't get one

>>16525593
no borders economic Mexi-Africa zone
but nigger unemployment is record low!!!

What accomplishments retard? This is all from pumping the market with tweets Justin sun style.

He won’t get a second term because we’re on the verge of a 1929 style crash

>>16525685
The electoral college needs him in power so Im not sure what youre talking about

Trump is the greatest president of our time

Can't wait to vote for him again in 2020

>>16525706
>fed pumping 300 billion in 3 months
>gonna crash

Nigga you dumb af

I find it hilarious that doomer fags actually believe that the Fed balance sheet growing is a recession indicator. On the contrary, they'll pump this economy until the wheels fall off. Remember December 2017 crypto? The fed will pull that times 100,
and with real tangible assets..

>>16525593
4 MORE YEARS. We are all gonna make it and sip on commie tears

>>16525593
IMPEACHED

Can't wait until Biden gets in and fixes Trump's mistakes.

>>16525808
bring in more Africans, right boomer

Oh So the economy is heading exactly on trajectory and the tax cuts did literally nothing except increase nation debt?!

Holy shit. Trump cucks are absolutely fucking infuriating and I voted for the dude.

>>16525836
>if I act like a concerned citizen I will get people to vote democrat

Hahaha

>>16525835
>impeached
>by made up meme hearsay by dems who are bitter they don't have the same pedo blackmail on him as they do on all their buddies
literally who gives a fuck what these feeble minded faggot dems try against trump. all they do is succeed in making themselves look like idiots and put the scope on themselves for all their corruption.
you really think trumps going to be removed from office? get fucking real dude. it's never going to happen and he WILL do a 2nd term

>>16525835
I'm in cali and I've spoken to boomers at my work and they all said they hate biden. These are DEMOCRAT boomers by the way. They like bloomberg more kek.

>>16525685
Literally list off why trump should be re elected.
>he won’t get one
I’m fucking confused OP

Lmao Trump no second term! trump 0 term!

>>16525914
Biden is a second Hillary.
The people already chose their candidate. The DNC is all but submitting another election to Trump by trying to snuff out Bern again.

>>16525835
If Biden got in he'd just spend all day slumped over dripping eye blood on the oval desk. kek.

>>16525925
Doesn't mean that he gets a second term. The dems are winning this. There's a second article of impeachment now. Pelosi talking about a third soon. He actually like... Commits crimes... so he's pretty much fucked, you know?

>>16526022
Based answer. Biden is a fucking sloth on hospice.

Everyone in this thread are civnac faggot fellators of Zionist dick.

>>16526051
Can’t tell if you’re joking or actually retarded

>>16526414
Whatchout we have a real badass national socialist racial purist nazi in here! Im so scared bros please hold me I think he has a black sun tat and he even read siege! Im definitely not voting for trump in 2020 so Democrats can win and we can accelerate into the new american reich

>>16526414
>Everyone in this thread are civnac faggot fellators of Zionist dick.
You got someone better in mind or what?

>>16526462
Can't tell if you're an actual cuck or if it's only for daddy T.
Support the man or no, he's fucked. You'd have to be legit be tunnel visioning exclusively right wing news sources at this point not to realize this.

>>16526661
>noooo he will never win the news told me hillary has a 98% chance of winning!

>>16526051
He gets a second term. This is the post-truth era, committing weird process crimes is completely irrelevant.

>>16525593
governments statistics like CPI and jobs are practically made up. especially after 2008 they changed the way they measure countless statistics.

>>16526661
sweetie false flagger you didnt reply to my post. You realize the electoral college is pro-business right? And you realize all of Trumps opponents are anti-business, correct?

>>16526726
Most people don't own a business.

Everyone in this thread is actually retarded or trolling. Ecept for this guy, who is so retarded he fails at trolling:
>>16526673

>>16526661
It absolutely does not matter in 2019 if he is a criminal or not, what matters is how much of the electorate is loyal to him, which determines how much of his party is loyal to him. Essentially, here is what matters:

If hiring slows, unemployment rises -> stock market dumps despite fed liquidity -> economy falters -> trump loses.

That’s all there is to it. If that doesn’t happen, he wins. Pretty standard shit.

>>16526790
The electoral college is who votes in the president, not the population. Are you retarded or just an ignorant europoor?

he will win again but how can we profit from the identity crisis of boomers in 2024 when he's done

>>16526812
>t. salty tranny

Why do some people say trump has fixed the economy while others say he has further damaged it. Who is telling the truth?

>>16527099
>who is telling the truth

Just ask yourself if and how the media would report the same statistics if we were still under Obama or if Hillary was president. There's your answer

>>16527131
Then you'd still have some people say trump has fixed the economy while others say he has further damaged it. And I would still be asking for an actual analytical answer.

>>16527099
>>16527189
The truth is it's mixed. Some thing's Trump's improved, some he's just not screwed up, but plenty of things are rotting trends he's done nothing to fix.

Like corporate tax cuts boosted the stock market by, say, 20%. Deregulation and trillion dollar deficits helped growth keep chugging along at 2% despite massive demographic headwinds (spoilers: the new generation of human capital is garbage compared to the one sloughing off into retirement).

And as long as a president doesn't start super destructive wars or fucked up legislation, avoiding recessions is more luck than skill (asset bubbles pop at random times). Having an ultra long business cycle like we've had is where a lot of the true, lower-class-benefiting items in the OP come from.

>>16527260
This. The main culprit on damaging the economy comes from the fact that this trade war is mostly self-inflicted. Same with onerous immigration enforcement. Both events create negative pressure on the economy.

>>16525593

1. Discouraged workers (someone that wants a job, but gave up and hasn't applied in over 4 weeks) are NOT counted as unemployed.

2. People who make HARDSHIP wages ARE counted as employed.

Putting those 2 together = makes the unemployment stat look better/lower than it actually is. It is a lie that fools without critical thinking believe.

44% of 22-27 yr old college grads are underemployed (inb4 just do computer science as if everyone is capable of that. Even they have like a 24ish% underemployment rate for 22-27 yr olds: https://www.newyorkfed.org/research/college-labor-market/college-labor-market_compare-majors.html
Think about that. NEARLY 1/4 cs graduates aged 22-27 will be underemployed (don't know how it evens out over time. Still not amazing though. It's around 34% when including all ages and all majors). Also 1/4 college grads make highschool wages.
7/10 graduate with 29k+ in debt.

78% of full time workers live paycheck to paycheck ( *LITERALLY one paycheck away from homelessness and that is basically poverty* ). *42% of americans will retire broke* (so you give up the best years of your life being someone's bitch just to retire with nothing), 57% of americans can't afford an unexpected 500 dollar bill, 50% of renters are cost burdened (spend over 30% of their income on rent. Half of those spend over 50% of their income on rent), 30% of metropolis city jobs (where most jobs are created) pay hardship wages (not enough to move out with) and 32% pay livable wages (basically poverty) which leaves 38% that are decent (I say decent because you also have to take into consideration the toxicity of work culture. Also, some jobs ONLY pay livable or up BECAUSE of the hours put in. For instance, the average american works 47 hours a week. 49% work 50 hours or more a week. Both of which inflate the wage stats into looking better than it actually is), etc.

Welcome to the "land of opportunity" (load of bullshit).

>>16527293
forgot the pic

he also gave a useless tax cut to the rich that didnt help anyone but them

>>16527260
I'd say the overall economic scorecard is

Improved:
-Corporate tax cut pumped markets
-Whatever pro-Israel deal he cut with the Fed gave us three rate cuts and QE4 which, again, pumped markets.
-Killed TPP, preventing some offshoring
-Kicked off a necessary trade/cold war against China before they've got a completely insurmountable lead

Done nothing to fuckup:
-Natural business cycle
-Swapping NAFTA for USMCA
-Bitcorn

Done nothing to fix:
-Young-old demographics (family formation)
-White/Asian-other demographics (immigration)
-Education pipeline
-Healthcare (repealing the Obamacare mandate, generic approvals, and posting prices are window dressing)

Made worse:
-Debt
-Killed TPP, preventing a coherent multilateral response against China in Cold War II
-Whatever pro-Israel deal he cut with the Fed gave us three rate cuts and QE4, again pumping markets, exacerbating inequality and pricing seniors + rising generations out of owning assets.

>>16527293
>land of opportunity is bullshit

Ah the same stale commie demoralizing propaganda copy pasta. Tip for newfags the commie faggot posting this always acts butthurt gets btfo then screeches and waits for another thread on which to repost his bullshit. Ask him substantial questions about other things or for a pic of his nose and see how he recoils

>>16527270
Trade war's rerouted some agricultural products through Brazil, but otherwise seems to have a pretty muted impact. Faster double-offshoring from China to Vietnam, really.

Immigration's a two-pronged thing. Low skill may be clamped down on, but there's still a Yale-estimated 22 million illegals. Yards aren't exactly going unmowed. High skill is likely negative ROI because of the middle class/UMC opportunities it saturates, combined with China's deliberate exploitation of it. Clamping down on it is good long term but probably doesn't show up anywhere besides slow growth in university budgets.

>>16527342
Another tip: point out that 40% of the country is black or hispanic. So of course 40% of the country will be "stuck in low-skilled jobs" or "unable to save $1 for an emergency".

You may as well complain about the hardship wages of dogs.

>>16527342
>Ah the same stale commie demoralizing propaganda copy pasta.
Kek. What part of the stats I mentioned are bull :)?

I look at how people are actually doing. Not some bullshit that can be manipulated in such a way to make it seem like everything is peachy (i.e. fudged unemployment stats).

Its the equivalent to people saying "gdp is up therefore everything is fine" when that is such a vague as fuck stat that it doesnt actually reflect the lives of the average american.

>>16527370
False. You cant read. Again, you dumbasses dont understand the concept of scarcity. Makes me wonder what your job is if you cant even read basic shit.

30% of jobs pay hardship wages
32% pay livable wages

meaning it is literally mathematically impossible for over 50% of people to make middle class wages or up. Try to understand what scarcity is. Its not rocket science

>>16527381
You know well over 90% of dogs are unemployed? My god, almost no dog can cash a paycheck. Ever.

That's a true stat btw.

Doesn't your heart just break for them?

>>16527370
and its not 40% that are stuck with shit jobs. Its 62%.

>>16527406
and those are just the employed ones btw. Not counting the actual unemployed people.

>>16527399
no. Educate yourself >>16527406
Kek! This nigger cant even do basic algebra 1. What is 30%+32%? Do the math, retard.

It is no surprise the right is less educated than the left
https://www.people-press.org/2016/04/26/a-wider-ideological-gap-between-more-and-less-educated-adults/

>>16527406
My bad. Since you're a braindead communist I should've explicitly pointed out you'd add dilettante housewives, people on the left side of the intelligence and conscientiousness bell curves, as well as those just starting their careers. They'll report shit jobs and/or shit pay in any economy.

>>16527438
I wonder if in a couple decades Chinese scientists will figure out the neurological secret to defective communist brains like yours. Is it just learned helplessness or something more genetic?

>>16527443
Thats a job now? Being a housewife? Kek the desperation. Okay. Post proof they are included :)

Cmon, nigger. Dont talk out of your ass. Thats a big claim. Back it up.

and no mother fucking shit entry level jobs are included, dumbass. The stat I mentioned is still very telling as to how people are doing as a whole and its shit.

>>16527462
Kek! Thats not a counter argument, nigger. Stay focused. I think im short circuiting your brain.

>>16527476
Being a housewife isn't a job. But being a barista for years on end because Tinder dates pay for all your meals is. And that latter one shows up in your little doomer shadowstats.

>>16527483
My counterargument is that most of your hardship stats refer to economic contributors who matter about as much as dogs, which is a retarded way of looking at things. The current economy is nearly unparalleled when it comes to producing useful things like patents and rockets.

>>16527549
Okay and they should be included. All jobs should. Period. It would be RETARDED to cherrypick and ONLY include the "good" jobs as that would be MISLEADING

>My counterargument is that most of your hardship stats refer to economic contributors who matter about as much as dogs,
So 62% of people are dogs. Dumbass. Again. Try to understand what scarcity is. Again, 44% of 22-27 yr old college grads are underemployed. Why? Scarcity. Even if people out in the effort, they get ass fucked.

I hate retards that are incapable of seeing the economy as "bad". 99% of people could be homeless in the u.s. and you would just argue "well they are dogs, dur hur" and "muh rockets". Garbage logic.

>>16527579
None of these retarded shitposts of yours are going to help whichever retarded commie faggot you prefer get elected, you know this right?

>>16527579
>Okay and they should be included. All jobs should. Period. It would be RETARDED to cherrypick and ONLY include the "good" jobs as that would be MISLEADING
OK, then why don't your garbage stats include dogs? That's another 90 million souls and fewer than a million are employed. Even the employed ones earn well under $20,000 per year. The horror!

When will you stop lying with your stats?

>Try to understand what scarcity is. Again, 44% of 22-27 yr old college grads are underemployed. Why? Scarcity. Even if people out in the effort, they get ass fucked.
Have you never been to college? 44% of college grads are retards, bro. Straight dumbasses that have no business pursuing higher ed. Any economy that rewards morons getting in over their head with well-paying jobs is doing some serious misallocation.

>>16527644
>OK, then why don't your garbage stats include dogs?
Because they arent human. By your retard logic, I should include lions, bears, etc. in the unemployment stat. LMFAO what a brainlet.

> When will you stop lying with your stats?
>lying
LOL literally look it up, you lazy fuck.

> Have you never been to college? 44% of college grads are retards, bro.
weak argument
>ITS NEVER THE ECONOMIES FAULT. ITS aLWAYS YOUR FAULT. SCARCITY ISNT REAL!!! *foams from mouth*

>>16525593

stock market pumps
>See?! Trump is a genius! Best president ever!

Stock market crashes
>...

>>16527666
Yes, Satan. My point is that if you want to include morally sympathetic economic non-factors in your stats, don't do half measures. Add dogs, lions, bears, etc alongside blacks and hispanics. Be honest in your stats.

>weak argument
So that's a "no, I haven't been to college".

Tell you what, set aside an hour, take a fake practice SAT online, and see what you get. Then run through the US News and World Report rankings to see where your SAT score is the median. Your score might actually put you all the way up in the 44th percentile!

>>16527730
>morally sympathetic economic non-factors
LOOOOL
this dumbass bitch wants me to cherrypick and ONLY pick middle class jobs and ignore hardship and livable wage jobs. KEK!! I dont include hardship and livable wages to be "morally sympathetic", ass clown. I count them since the are fucking jobs in the fucking job market. Imagine being this retarded.
>n-noooo you cant include bad jobs!! Waaaaa. You can only include good jobs to make mr.trump look better!!

> So that's a "no, I haven't been to college".
>Tell you what, set aside an hour, take a fake practice SAT online, and see what you get. Then run through the US News and World Report rankings to see where your SAT score is the median. Your score might actually put you all the way up in the 44th percentile!
Have you? I have a degree. Im doubting you even do meaning you yourself are probably making hardship or livable wages kek!

>>16527438
reminder these are the types of things people study at postgrad

>business: unaligned nowadays
>education: liberal bias
>health: liberal bias
>public admin: liberal bias
>engineering: conservative bias
>psychology: liberal bias
>social sciences: liberal bias

people who study liberal professions are more likely to be liberal... that's amazin'

>>16527730
Also, you dumbass ape. If I DID include ALL animals in the real unemployment stat, it would probably show like 99% of "all organisms" as unemployed, you mother fucking idiot. It would HURT your agenda youre trying to push.

>>16527797
So... whats your job? Secondly, an economy that fucks over 50% of their people over is trash. Plain and simple, sorry :(
It means it is dysfunctional

>>16527270
>Trade war is self-inflicted

lmao 6% of GDP comes from exports, and half of that is within NAFTA. Trade war doesn't mean a whit to Americans, but it absolutely stonewalls China

>>16527827
your post does not seem to follow from what i posted. i will ignore it.

>>16527850
It does. You are arguing most people deserve to get fucked for doing "easy" majors. I am saying the fact over 50% of people are fucked shows a failure in the system. Kek I actually have to spoon-feed you this much

>>16527856
>It is no surprise the right is less educated than the left

no, I was showing that postgrad offers mostly liberal majors, thus attracting liberals.

>>16527762
jfc you are painfully stupid kek, KYS immediately

>>16525835
Surely you mean Yang retard

>>16528000
No an argumen- ah whatever. Youre a trumptard. I expect nothing coherent from you monkeys.