The Magic Wand Economy. - Page 3

Page 3 of 12 FirstFirst 12345 ... LastLast
Results 31 to 45 of 174
  1. #1
    Join Date
    Dec 2006
    Posts
    38,163
    Rep Power
    21

    Default The Magic Wand Economy.

    President Obama reacted to candidate Trumps pledge to bring manufacturing jobs back to the US with:

    “Well, how exactly are you going to do that? What exactly are you going to do? There’s no answer to it," Obama said.
    "He just says, 'Well, I’m going to negotiate a better deal.' Well, what, how exactly are you going to negotiate that? What magic wand do you have? And usually the answer is, he doesn’t have an answer.”
    http://thehill.com/blogs/blog-briefi...nd-do-you-have

    President Obama attempted to bring those jobs back and mostly failed as the records indicate:
    Manufacturing employment was 12,258,000 in October 2016, according to the most recent estimates from the U.S. Bureau of Labor Statistics. That’s down 303,000 from the number employed in January 2009, the same month that Obama was sworn in as president.
    https://www.factcheck.org/2016/12/ob...acturing-jobs/

    In fact, the CEO of Apple told him manufacturing jobs were not coming back when Obama made a personal plea to him:

    But as Steve Jobs of Apple spoke, Obama interrupted with an inquiry of his own: What would it take to make iPhones in the United States? Not long ago, Apple boasted that its products were made in America. Today, few are. Almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year were manufactured overseas.

    Why can’t that work come home? Obama asked.

    Jobs’ reply was unambiguous. “Those jobs aren’t coming back,” he said, according to another dinner guest.
    http://www.heraldtribune.com/news/20...ing-back-to-us
    The other 'experts' President Obama relied on all sand the same chorus:
    KRUGMAN: No matter what Trump does, manufacturing jobs are not coming back to the US
    http://www.businessinsider.com/krugm...-trump-2016-11
    Manufacturing Jobs Aren't Coming Back, No Matter Who's President
    https://www.npr.org/sections/money/2...whos-president

    A plea to presidential candidates: Stop talking about bringing manufacturing jobs back from China. In fact, talk a lot less about manufacturing, period.
    https://fivethirtyeight.com/features...r-coming-back/

    But along came President Trump and his magic wand:
    196,000 Manufacturing Jobs Added in 2017
    https://www.cnsnews.com/news/article...facturing-2017

    And, to add to the embarrassment:
    Apple creates 2,000 jobs shifting production back to US
    https://www.theguardian.com/technolo...newable-energy

    Of course, progressives are never embarrassed. They move from one failed prediction to the next.

  2. Sponsored Links


  3. Likes Camp liked this post
  4. #31

    Default

    Quote Originally Posted by peek-a-boo View Post
    So exactly what did Obama do to create those jobs, given that Government doesn't create jobs?
    Whatever he did, he created more than Trump did in 2017

  5. Sponsored Links


  6. #32
    Join Date
    Jun 2011
    Posts
    2,779
    Rep Power
    7

    Default

    Let's see how Year 2 goes.
    Its still not bad enough, yet.

  7. Sponsored Links


  8. #33
    Join Date
    Oct 2005
    Location
    US of A - God's Country
    Posts
    16,402
    Rep Power
    18

    Default

    Quote Originally Posted by Mobulis View Post
    Every corp that has military contracts would say your full of ****.
    The private sector created the jobs.
    Hillary 2020!

  9. Sponsored Links


  10. #34
    Join Date
    Jul 2003
    Location
    middle of the road Illinois
    Posts
    16,326
    Rep Power
    18

    Default

    Quote Originally Posted by peek-a-boo View Post
    The economy is on fire under Trump, yet he nor anyone in the Government, created a single job.

    The private sector creates jobs.

    The economy is on fire in anticipation of Trump's pro business agenda. He has opened oil exploration, is eliminating hundreds of burdensome regulations and he has followed through with his tax cuts.

    My prediction is that we will see 3+% GDP for the next few quarters. Something Obama could only have dreamed about.
    The "economy is on fire" because the Federal Reserve is STILL DUMPING TRUCKLOADS OF DOLLARS INTO THE ECONOMY.

    When the economy returns to capitalism,

    Trump can take a bow.
    "conservatism"-the selective misapplication of genuine Conservative principles to promote the fleecing of America by special interests

  11. Sponsored Links


  12. #35
    Join Date
    Oct 2005
    Location
    US of A - God's Country
    Posts
    16,402
    Rep Power
    18

    Default

    Quote Originally Posted by ImRightYoureWrong View Post
    Whatever he did, he created more than Trump did in 2017
    Obama really didn't create any jobs and neither did Trump.
    Hillary 2020!

  13. Sponsored Links


  14. #36
    Join Date
    Oct 2005
    Location
    US of A - God's Country
    Posts
    16,402
    Rep Power
    18

    Default

    Quote Originally Posted by peter45 View Post
    The "economy is on fire" because the Federal Reserve is STILL DUMPING TRUCKLOADS OF DOLLARS INTO THE ECONOMY.

    When the economy returns to capitalism,

    Trump can take a bow.
    Still selling that snake oil?
    Hillary 2020!

  15. Sponsored Links


  16. #37
    Join Date
    Aug 2006
    Age
    50
    Posts
    33,614
    Rep Power
    19

    Default

    Quote Originally Posted by peek-a-boo View Post
    The private sector created the jobs.

    Nope govt demand created jobs.
    Religion has caused more misery to all of mankind in every stage of human history than any other single idea.

  17. Sponsored Links


  18. #38
    Join Date
    Jul 2003
    Location
    middle of the road Illinois
    Posts
    16,326
    Rep Power
    18

    Default

    Quote Originally Posted by peek-a-boo View Post
    Still selling that snake oil?
    Still drinking the "conservative" joy juice?
    "conservatism"-the selective misapplication of genuine Conservative principles to promote the fleecing of America by special interests

  19. Sponsored Links


  20. #39
    Join Date
    Oct 2005
    Location
    US of A - God's Country
    Posts
    16,402
    Rep Power
    18

    Default

    Quote Originally Posted by Mobulis View Post
    Nope govt demand created jobs.
    You've got it backwards. The private sector creates products to sell and shops them around hoping there will be a market for those products. Whether that customer is the U.S government, a foreign government, a business, a private citizen, etc. is no matter.

    Thus if Apple creates a computer, resulting in demand for their product, they will add jobs in order to keep up with the hoped for demand. Apple created those jobs. Any contractors supplying parts will create jobs as well.

    Whether it is the government who contracts for 1,000 computers, whether it is Boeing who contracts for 1,000 computers or whether it is me who contracts for a single computer - none of us is the job creator. The government didn't create any jobs with their order; Boeing didn't create any jobs with their order and neither did I. If Apple needs to hire some more workers to keep up with the demand, it is Apple who is creating the jobs with their product. It is not the Government and it certainly isn't the President of the United States.

    A President can, however, create a favorable or an unfavorable environment for business and thus affect private sector job creation. In that regard, Obama's dismal economy provides a prime example of what tepid economic growth looks like. Heavy burdensome regulations, etc.. Trump's economic successes provide a prime example of what high economic growth looks like. Removing heavy burdensome regulations, dramatically lowering corporate taxes and providing incentive for repatriating overseas money.
    Hillary 2020!

  21. Sponsored Links


  22. #40
    Join Date
    Apr 2009
    Location
    Proud New Yo'ker!
    Posts
    14,936
    Rep Power
    12

    Default

    Quote Originally Posted by fava View Post
    The OP did not say the manufacturing jobs were not coming back.
    Nobody said you did. He asked what Obama did. What regs have been struck to keep the same job gains in manufacturing under obama.

  23. Sponsored Links


  24. #41

    Default

    Quote Originally Posted by peek-a-boo View Post
    Obama really didn't create any jobs and neither did Trump.

  25. Sponsored Links


  26. #42
    Join Date
    Oct 2005
    Location
    US of A - God's Country
    Posts
    16,402
    Rep Power
    18

    Default

    Quote Originally Posted by ImRightYoureWrong View Post
    It should be a simple matter for you to point to a single job that Obama created.
    Hillary 2020!

  27. Sponsored Links


  28. #43
    Join Date
    May 2009
    Location
    Austin Texas
    Posts
    20,606
    Rep Power
    14

    Default

    Quote Originally Posted by peek-a-boo View Post
    The economy is on fire under Trump, yet he nor anyone in the Government, created a single job.

    The private sector creates jobs.

    The economy is on fire in anticipation of Trump's pro business agenda. He has opened oil exploration, is eliminating hundreds of burdensome regulations and he has followed through with his tax cuts.

    My prediction is that we will see 3+% GDP for the next few quarters. Something Obama could only have dreamed about.
    except for the 4 quarters in just obamas second term where growth was equal to or better than the 3.2% recorded in q3 of 2017
    including 2 straight quarters over 4.5% and a string where growth in 4 out of 5 quarters was over 3%

    once again facts shoot down conservative lies...

    https://www.statista.com/statistics/...gdp-in-the-us/
    yes i am a pirate,200 years to late

  29. Sponsored Links


  30. #44
    Join Date
    Jul 2003
    Location
    middle of the road Illinois
    Posts
    16,326
    Rep Power
    18

    Default

    Quote Originally Posted by peek-a-boo View Post
    .........................

    .......... and providing incentive for repatriating overseas money.
    Why?

    They get all the government dollars that they want from the Federal Reserve.

    When "conservatism" gets the economy off of sucking on the government teat,

    you might have something to talk about.

    Did you forget that Trump the candidate was critical of the phony economy?
    "conservatism"-the selective misapplication of genuine Conservative principles to promote the fleecing of America by special interests

  31. Sponsored Links


  32. #45

    Default

    Quote Originally Posted by moonshine View Post
    except for the 4 quarters in just obamas second term where growth was equal to or better than the 3.2% recorded in q3 of 2017
    including 2 straight quarters over 4.5% and a string where growth in 4 out of 5 quarters was over 3%

    once again facts shoot down conservative lies...

    https://www.statista.com/statistics/...gdp-in-the-us/
    Facts are fake news

  33. Sponsored Links


Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •