U.S. regains crown as most competitive economy for first time since 2008: WEF

[Penicillin]

“The U.S. beat off Singapore, Germany....”

 

Interesting terminology they use here. 

[iroc4life]

8 hours ago, heybruce said:

Obama did not put the US and world economy in freefall, that was Bush.  You remember Bush don't you?  Rising debt, two unfinished and unfunded wars, claiming the world had a savings glut so it made sense to borrow lots of money, etc.

Obama is that you? Blaming Bush even after your 8 years in office still ???? ???? ???? 

[bristolboy]

8 hours ago, zydeco said:

Obama.

Too bad for Obama that he couldn't cite the near collapse of the world economy before he even took office.

[bristolboy]

1 minute ago, iroc4life said:

Obama is that you? Blaming Bush even after your 8 years in office still ???? ???? ???? 

Trump, is that you? Claiming credit for a recovery that was years underway before you took office?

Edited October 17, 2018 by bristolboy

[iroc4life]

1 minute ago, bristolboy said:

Trump, is that you? Claiming credit for a recovery that was years underway before you took office?

It is truly funny Obama blamed Bush all 8 years in office and as soon as Trump comes in it turns around just on his winning and Obama says I did that hahaha. The the fools follow and celebrate as if its true. It must be fun in that imaginary world. 

[bristolboy]

1 hour ago, Nyezhov said:

well as a small business owner I gave you my opinion. Opinions to the contrary are as unsubstantiated and as biased as mine I reckon. So why argue, you arent going to convince me and Im not going to convince you.

First of all it wasn't heyBruce who made unverified claims. He just questioned you about yours. And in fact, there is data out there that refutes what you're saying.

https://www.forbes.com/sites/rohitarora/2016/01/13/rating-the-obama-years-for-small-business-growth/#4974643d76ec

[bristolboy]

Just now, iroc4life said:

It is truly funny Obama blamed Bush all 8 years in office and as soon as Trump comes in it turns around just on his winning and Obama says I did that hahaha. The the fools follow and celebrate as if its true. It must be fun in that imaginary world. 

Anyone who believes that an economy as huge as the USA's can turn around that quickly clearly hasn't a clue about how economies work. And no, the economy was already in recovery so it didn't "turn around just on his winning.." It must be a little sad living in your imaginary world.

[Nyezhov]

1 hour ago, heybruce said:

 

Harry Truman--authorized use of atomic bomb, otherwise not noted for anything

Um, Truman owned a haberdashery for like 2 years after his service in WWI and was a Democratic machine professional politician thereafter. He was noted for a few other things but thats probably OT.

[bristolboy]

1 minute ago, Nyezhov said:

Um, Truman owned a haberdashery for like 2 years after his service in WWI and was a Democratic machine professional politician thereafter. He was noted for a few other things but thats probably OT.

So does any kind of businessman qualify as long as he's been in business long enough? Even one who went bankrupt several times and had to be bailed out by his Daddy's money? How many people get that many chances to recover from so many major screw-ups?

[iroc4life]

7 minutes ago, bristolboy said:

Anyone who believes that an economy as huge as the USA's can turn around that quickly clearly hasn't a clue about how economies work. And no, the economy was already in recovery so it didn't "turn around just on his winning.." It must be a little sad living in your imaginary world.

An economy like americas is based on consumer confidence and business confidence. On the election win it was basically immediate reinvestment in business and comsumer confidence. SO yes it did turn around almost immediately upon his winning. Had Killery won it would have imploded 

[alanrchase]

 
The NPC's are not going to be happy about this! MAGA!

 
The naysayers are probably crying at home right now because Trump is making America great again. Great news and a great President!

Why has job creation slowed under Trump? Not denying he has created jobs but slower than Obama.

Sent from my SM-A500F using Thailand Forum - Thaivisa mobile app

[heybruce]

33 minutes ago, iroc4life said:

Obama is that you? Blaming Bush even after your 8 years in office still ???? ???? ???? 

 

28 minutes ago, iroc4life said:

It is truly funny Obama blamed Bush all 8 years in office and as soon as Trump comes in it turns around just on his winning and Obama says I did that hahaha. The the fools follow and celebrate as if its true. It must be fun in that imaginary world. 

It is a historical fact that Obama inherited an economy in freefall with talk of another Great Depression.  It's also a historical fact that Gush, and his Fox News sycophants, were moaning about inheriting a mild recession for the duration of his eight years and beyond, while ignoring the fact that he also inherited a budget surplus and a nation at peace. 

 

What is not true is that Trump turned anything around, other than the declining budget deficit.  The economy was doing well when he took office, he just goosed it a bit with massive deficit spending.

[heybruce]

31 minutes ago, Nyezhov said:

Um, Truman owned a haberdashery for like 2 years after his service in WWI and was a Democratic machine professional politician thereafter. He was noted for a few other things but thats probably OT.

Ok, how about the most recent business man, George W. Bush.  Best known for drilling holes where there wasn't any oil. 

[heybruce]

31 minutes ago, iroc4life said:

An economy like americas is based on consumer confidence and business confidence. On the election win it was basically immediate reinvestment in business and comsumer confidence. SO yes it did turn around almost immediately upon his winning. Had Killery won it would have imploded 

Gee, why don't you give some credible sources showing how bad things were before Trump was elected?   https://tradingeconomics.com/united-states/unemployment-rate

https://tradingeconomics.com/united-states/gdp-growth

Edited October 17, 2018 by heybruce

[Trouble]

Amazing the number of expert economists we have here on TV.

[jcsmith]

9 hours ago, zydeco said:

Obama.

The market collapsed under Bush... It rebounded massively under Obama. 

Edited October 17, 2018 by jcsmith

[alanrchase]

It is a historical fact that Obama inherited an economy in freefall with talk of another Great Depression.  It's also a historical fact that Gush, and his Fox News sycophants, were moaning about inheriting a mild recession for the duration of his eight years and beyond, while ignoring the fact that he also inherited a budget surplus and a nation at peace. 
 
What is not true is that Trump turned anything around, other than the declining budget deficit.  The economy was doing well when he took office, he just goosed it a bit with massive deficit spending.

Unfortunately voters memories are similar to goldfish. 8 years ago?

Sent from my SM-A500F using Thailand Forum - Thaivisa mobile app

[heybruce]

7 minutes ago, Trouble said:

Amazing the number of expert economists we have here on TV.

No, there are just people who can remember recent history and cite sources to support their posts, and people who confuse their opinions (and those of Fox pundits, Trump, Alex Jones, etc.) with facts.

[candide]

4 hours ago, Lacessit said:

The WEF officials who came up with this tripe are obviously dunderheads. How do you render this kind of judgement on a nation with the debt levels America has? Take away the dollar's reserve currency status, and all you've got left is a train wreck. The Chinese and Russians are working on that as we speak.

Competitive? Absolute BS. I can remember when the Australian steel industry ( unsubsidised ) was shipping cold rolled steel into the West Coast of America, all the way across the Pacific Ocean, at about $100 a tonne less than American steel mills could rail the stuff from Chicago. Don't get me started on the US automotive industry. It's been a basket case for decades.

 

"This year the WEF changed its methodology to better account for future readiness for competition, such as a country's idea generation, entrepreneurial culture, and the number of businesses that disrupt existing markets."

You know: the new economy, start-ups, venture capital, the Silicone Valley, digital media, etc... all what Trumpists don't like....????

[bendejo]

The Obama recovery worked.

This present guy's plan is just beginning to kick in, even though he has no qualms about taking credit for the good stuff, as usual.

In 2 years when it turns into a pig's breakfast he'll blame it on Obama, HRC ("lock her up for it!") and Soros.

 

Make America great again!  He can't make it 1964 again, but he can do things like knock back the price of US Steel stock to $6, like it was back then.

 

 

[lannarebirth]

2 hours ago, bendejo said:

The Obama recovery worked.

This present guy's plan is just beginning to kick in, even though he has no qualms about taking credit for the good stuff, as usual.

In 2 years when it turns into a pig's breakfast he'll blame it on Obama, HRC ("lock her up for it!") and Soros.

 

Make America great again!  He can't make it 1964 again, but he can do things like knock back the price of US Steel stock to $6, like it was back then.

 

 

 

There was no Obama Recovery or Trump Recovery either. Slides in asset valuations are the cause of asset appreciation. Get below intrinsic value and buyers line up, especialy when The Fed makes the cost of carry near zero and they're buying right along with you. It's when you unwind it all you see if there was ever any recovery at all.

[Stargeezr]

The USA is in such debt, it does not matter who is in power, if they do not try repay some of that debt, and it seems that not one of the last 4 or 5 in power have tried at all on that account. The great USA! , Hawaii seems like it is owned by Japan, and other parts are owned by some other international company. Just my

own opinion of course.

[moontang]

6 hours ago, candide said:

"This year the WEF changed its methodology to better account for future readiness for competition, such as a country's idea generation, entrepreneurial culture, and the number of businesses that disrupt existing markets."

You know: the new economy, start-ups, venture capital, the Silicone Valley, digital media, etc... all what Trumpists don't like....????

yet, you can't spell "silicon."

[moontang]

8 hours ago, heybruce said:

Ok, how about the most recent business man, George W. Bush.  Best known for drilling holes where there wasn't any oil. 

but we could have had Hillary..successful land developer (Whitewater), futures trade (Cattlegate), and travel expert (Vince Foster).  And quite a philanthropist, too.  Raised 200 million for Haiti quake victims and built four whole houses with it.

Edited October 17, 2018 by moontang

[simple1]

15 hours ago, thaipo7 said:

roobaa01 - Wasting your breath on heybruce.  The insane Liberals will never accept the truth.

More like wasting your breath with fanatical right wingers who obtain their truth from fake news such as Breitbart. 

[Lacessit]

10 hours ago, Trouble said:

Amazing the number of expert economists we have here on TV.

They probably do just as well with their predictions as the economists in the real world. Economics didn't get the soubriquet of the dismal science for nothing.

[bendejo]

3 hours ago, Stargrazer9889 said:

The USA is in such debt, it does not matter who is in power, if they do not try repay some of that debt, and it seems that not one of the last 4 or 5 in power have tried at all on that account. The great USA! , Hawaii seems like it is owned by Japan, and other parts are owned by some other international company. Just my

own opinion of course.

 

Well, we have a guy in the WH who would rather go to court (and pay  the legal fees) than pay a creditor what is owed.  Let's see how this plays out.  Expect any possible thing, the old rules don't hold.

 

 

[zydeco]

11 hours ago, Trouble said:

Amazing the number of expert economists we have here on TV.

Same ones are foreign policy experts, environmental specialists, noted historians, and presidential advisers. 

[lanista]

The US also has the lowest adult wages ,salaries and conditions  in the developed world.

You would have to be desperate -mexican- to want a green card and work for 2.50 - 6 dollars an hour + tips with lousy conditions.

[Nyezhov]

2 minutes ago, lanista said:

 

You would have to be desperate -mexican- to want a green card and work for 2.50 - 6 dollars an hour + tips with lousy conditions.

Are you talking about Bartenders/Servers?