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Trump vs Biden 2020, Day 64 of the Pennsylvania count (pt 5) Read OP

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    #8372
    cnocbui
    Registered Users Posts: 20,090 ✭✭✭✭cnocbui


    President Donald Trump briefly emerged to tout the Dow Jones Industrial Average breaking 30,000 for the first time ever, and then vanished after a minute without taking questions.

    :rolleyes:

    I wonder whay that might be?
    Following Biden's Announced Victory, Dow Jones Has Highest Closing Day Since February

    Ah, that clears that up.


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    #8373
    DrumSteve
    Registered Users Posts: 10,798 ✭✭✭✭DrumSteve


    Its going to fundamentally split the GOP vote in 2.

    So pretty much giving the Dems to run of the place until the GOP sort it out.


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    #8374
    nolivesmatter
    Registered Users Posts: 895 ✭✭✭nolivesmatter


    duploelabs wrote: »
    I don't remember such a time where the two sides were so partisan and vitriolic, Trump actively leveraged those divisions

    Agreed. It's also been a problem that the far left and the far right make up a small portion of either side but so much focus as been placed on them it helps to further drive a wedge between left and right.


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    #8375
    everlast75
    Registered Users Posts: 19,805 ✭✭✭✭everlast75


    DrumSteve wrote: »
    Its going to fundamentally split the GOP vote in 2.

    So pretty much giving the Dems to run of the place until the GOP sort it out.

    Happened with "the tea party" fragment which healed fairly quickly.. more's the pity


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    #8376
    Eric Cartman
    Registered Users Posts: 26,280 ✭✭✭✭Eric Cartman


    cnocbui wrote: »
    :rolleyes:

    I wonder whay that might be?



    Ah, that clears that up.

    the classic , for 4 years we've been hearing how the economies success was all due to Obama but Joe Biden isn't even in office and he's responsible for a market uptick. got it...


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    #8377
    everlast75
    Registered Users Posts: 19,805 ✭✭✭✭everlast75


    Eric Cartman wrote: »
    the classic , for 4 years we've been hearing how the economies success was all due to Obama but Joe Biden isn't even in office and he's responsible for a market uptick. got it...

    The difference is that Obama left the economy on an upward trajectory.

    Trump's mishandling of the COVID pandemic left the economy in ruins. Not to mention his failed tax stimulus and failed trade wards.

    See the difference?

    PS - didn't trump warn that the stock market would collapse if Biden won?


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    #8378
    timetogo1
    Registered Users Posts: 863 ✭✭✭timetogo1


    Eric Cartman wrote: »
    the classic , for 4 years we've been hearing how the economies success was all due to Obama but Joe Biden isn't even in office and he's responsible for a market uptick. got it...

    Would you say the fact that everybody is accepting the new president (except for a few loons that can be discounted) might have something to do with an uptick?


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    #8379
    joseywhales
    Registered Users Posts: 4,073 ✭✭✭joseywhales


    Ah both sides are guilty of it. In fact I have heard that a hamstrung government, republican president, democrat senate or democrat president, republican senate is the ideal scenario for stock market sentiment. They basically want government to be incapable of affecting them at all.


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    #8380
    Quin_Dub
    Moderators, Politics Moderators, Social & Fun Moderators Posts: 15,620 Mod ✭✭✭✭Quin_Dub


    Eric Cartman wrote: »
    the classic , for 4 years we've been hearing how the economies success was all due to Obama but Joe Biden isn't even in office and he's responsible for a market uptick. got it...

    Well - Fair is fair , Trump claimed that the Fed upticks between the Election and his Inauguration were all down to the markets being "excited" by his election etc. etc.

    If that was true , then the same applies now.

    In terms of the Economy - Trump owned nothing about it until after his Tax bill actually hit the street.

    And what we saw was a relatively short lived dead-cat bounce followed by a steady decline in all of the key measures that was under way well before Covid hit.

    For Biden, the same will apply to him - It's "Trumps Economy" until Biden actually makes changes to laws or launches new tax/spending bills etc.


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    #8381
    Eric Cartman
    Registered Users Posts: 26,280 ✭✭✭✭Eric Cartman


    timetogo1 wrote: »
    Would you say the fact that everybody is accepting the new president (except for a few loons that can be discounted) might have something to do with an uptick?

    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power


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    #8382
    ollkiller
    Registered Users Posts: 865 ✭✭✭ollkiller


    Eric Cartman wrote: »
    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power

    And I can equate the economy surge to simpe economics of boom and bust cycle that repeats itself over and over again no matter who is in charge.


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    #8383
    listermint
    Registered Users Posts: 33,991 ✭✭✭✭listermint


    Eric Cartman wrote: »
    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power

    Lulz.


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    #8384
    astrofool
    Registered Users Posts: 16,731 ✭✭✭✭astrofool


    Eric Cartman wrote: »
    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power

    What people are doing is using trump's statements crowing about successes and using them against him, if you believe trumps statements, then Biden's win is responsible for the uptick, if you don't believe them, then trump (in your mind) can take credit, even if it goes against statements trump himself has made.

    There will be lots of this, mostly because for everything trump has proclaimed, he has often done, or the result has been the opposite, by supporting trump, you have to be a hypocrite, and own that (basically if trump says it, it's good, if someone else says it, it's bad).

    Sure there will be lots of hand wringing, but the awful president that is trump has put you in this position, and you'll have to live with it, and get used to it for the next 2 years at least (because there will always be a tweet).


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    #8385
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Eric Cartman wrote: »
    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power

    Pretty much every analysis made shows that the Trump economy is simply a continuation of the upward trend which happened under Obama and that things didn't improve under Trump due to any of his own policies.

    https://www.nytimes.com/2018/06/09/upshot/how-good-is-the-trump-economy-really.html
    https://www.washingtonpost.com/gdpr-consent/?next_url=https%3a%2f%2fwww.washingtonpost.com%2fpolitics%2f2018%2f09%2f18%2ftrump-economy-versus-obama-economy%2f%3futm_term%3d.dd04434521a1&utm_term=.dd04434521a1
    https://www.vox.com/policy-and-politics/2018/8/24/17759940/donald-trump-economy-jobs-growth-obama

    Do you have any links to analyses that suggest this isn't the case?


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    #8386
    joe40
    Registered Users Posts: 3,811 ✭✭✭joe40


    Obvious Desperate Breakfasts wrote: »
    Shoulda woulda coulda. He didn’t have a Churchill moment because he isn’t Churchill.

    Churchill was still voted out after the war.


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    #8387
    [Deleted User]
    Posts: 5,917 ✭✭✭ [Deleted User]


    Cody montana wrote: »
    Their twitter feed is hilarious where they posted it.

    I wonder what will happen when OANN announce it?

    Trump is running out of crackpot news sources.

    Apparently they might have other things to think about as they have been demonetized and suspended for a week from.YouTube over posting bs


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    #8388
    joe40
    Registered Users Posts: 3,811 ✭✭✭joe40


    duploelabs wrote: »
    I don't remember such a time where the two sides were so partisan and vitriolic, Trump actively leveraged those divisions

    The US is definitely divided but the vitriol is coming predominantly from the Trump side.
    His Rallies where people were wound up in anger with chants like "lock her up" or "build the wall" simply did not have an equivalent during Biden rallies or from Biden supporters.


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    #8389
    Carfacemandog
    Registered Users Posts: 2,042 ✭✭✭Carfacemandog


    Obvious Desperate Breakfasts wrote: »
    Shoulda woulda coulda. He didn’t have a Churchill moment because he isn’t Churchill.

    True, but neither are Leo nor Simon Harris and yet if we had an election in July rather than January, FG would have done immensely better for their roles.


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    #8390
    Carfacemandog
    Registered Users Posts: 2,042 ✭✭✭Carfacemandog


    nolivesmatter wrote: »
    I agree with you. It's an endless cycle though. Those on the left feel justified because of how some of those on the right acted in the last few years. And If a republican's wins in 2024 they'll no doubt feel justified in doing the same based on these next few years.

    If the left genuinely try to work together with republicans as they did under Obama, Republicans will still do the exact same next time out. They have made clear that they have no interest in working acrosd the aisle, and so anybody trying to do so with them is at this point a fool.


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    #8391
    eagle eye
    Registered Users Posts: 38,571 ✭✭✭✭eagle eye


    Eric Cartman wrote:
    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power

    The very fact that so many states certified meant any question as to the next POTUS was over. That is the reason the markets reacted as they did.


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    #8392
    Carfacemandog
    Registered Users Posts: 2,042 ✭✭✭Carfacemandog


    francois wrote: »
    I see you are "new" here

    Weird, eh?
    Carfacemandog wrote: »
    In that case...

    22 hours since a random new/dormant account post on this thread, I wonder has he too finally conceded.


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    #8393
    ohnonotgmail
    Registered Users Posts: 40,467 ✭✭✭✭ohnonotgmail


    Carfacemandog wrote: »
    Weird, eh?

    Just a coincidence I'm sure.


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    #8394
    Carfacemandog
    Registered Users Posts: 2,042 ✭✭✭Carfacemandog


    Eric Cartman wrote: »
    the classic , for 4 years we've been hearing how the economies success was all due to Obama but Joe Biden isn't even in office and he's responsible for a market uptick. got it...
    Who was VP under Obama under whom this strong economic cycle was built?

    Well done to Joe Biden on invigorating the stock market. Again.


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    #8395
    nolivesmatter
    Registered Users Posts: 895 ✭✭✭nolivesmatter


    Carfacemandog wrote: »
    If the left genuinely try to work together with republicans as they did under Obama, Republicans will still do the exact same next time out. They have made clear that they have no interest in working acrosd the aisle, and so anybody trying to do so with them is at this point a fool.

    In what way have they done that? I'm not sure I agree. There's a lot of people who vote republican, not all of them are the same.


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    #8396
    jimmycrackcorm
    Registered Users Posts: 14,339 ✭✭✭✭jimmycrackcorm


    eagle eye wrote: »
    I'm delighted Biden won but Trump got too many votes to be celebrating about it.
    There's four years of hard work ahead to try and bring a sizeable amount of the circa 73 million who voted for Trump back from the abyss.

    Unlike common European democracies, there isn't a real choice for voters in the US. You only can vote either left or right, no matter how far apart you are politically from the extremes. I'd say for an Irish point of view we would align more with the political views of the Democrats, given our "socialist" leaning to have a nationalised health care system as an example. But here that would be like voting for a party that includes Paul Murphy.

    Huge numbers of moderates won't vote for the other side because of some policies that are fundamental to that side. I suspect that Biden did better more than Bernie could have achieved in the swing states because of a more centrist appeal for those swing voters.

    Samsonsmasher wrote: »
    Why is that?

    I'm pretty sure, based on your comment, that you don't understand why Gore V. bush went to the supreme court.


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    #8397
    ohnonotgmail
    Registered Users Posts: 40,467 ✭✭✭✭ohnonotgmail


    nolivesmatter wrote: »
    In what way have they done that? I'm not sure I agree. There's a lot of people who vote republican, not all of them are the same.

    they are referring to the republicans in congress. Hence "across the aisle"


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    #8398
    [Deleted User]
    Posts: 25,611 ✭✭✭✭ [Deleted User]


    Eric Cartman wrote: »
    No. I think biden has had little impact on the stock market so far and probably wont until his inauguration. I can credit the last 4 years economy surge to trump, covid would have negatively impacted it no matter who was in power
    Do you credit Trump with the $1 Trillion deficit in 2019?


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    #8399
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Yeah_Right wrote: »
    My politics would generally be to the right of centre and I'm ****ing loving it!! I despise the man and I am so glad he lost.

    Similar to Biden and Clinton (William Jefferson that is) and Obama then


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    #8400
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    namloc1980 wrote: »
    Oh my god this will be very entertaining! Probably will be held here:

    82182903_10157997967012070_4733094586287652864_n.jpg?_nc_cat=102&ccb=2&_nc_sid=dbb9e7&_nc_ohc=6kpDP2JUm40AX-OgpDo&_nc_ht=scontent.fdub5-1.fna&oh=81a74b5cb65c10fbfbf9a9ddc29b88a6&oe=5FE34FC1

    I really hope they turn up in South Dakota

    534162.JPG


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    #8401
    Carfacemandog
    Registered Users Posts: 2,042 ✭✭✭Carfacemandog


    Deleted User wrote: »
    Similar to Biden and Clinton (William Jefferson that is) and Obama then

    That's the funny thing, modern democrats aren't only to the right of their European counterparts, they are to the right of pre 1980s democrats too. The 'new democrat' movement was a very specific and intentional shift to the right and towards corporate interests because baby boomers simply refused to entertain any alternatives to the same things they contain about endlessly today.

    This is a shining example of a democracy getting the governance it deserves, and should be reminded to those who have been of voting age through the last 40 years.


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