Donald Trump May Have Flushed the Economy Down the Toilet | Keith Olbermann - General

[QUOTE=ROFLBURGER;51491268]No one can explain why he's right or wrong because they don't watch the video. They just see "Keith Olbermann" and say that he's an awful person, and move on, it's getting kind of stale tbh. Do they have good reason? I don't know, depends what people say. Most people never see to say. The only way I can see people having a valid hatred of Keith Olbermann is if they think he's too theatrical/dramatic/aggressive. If that's the case then Keith Olbermann isn't for you.[/QUOTE] Which person would understand american economics better? An american sports commentator or an individual who has dealt with it consistently for four decades?

[QUOTE=CoolKingKaso;51502617]Which person would understand american economics better? An american sports commentator or an individual who has dealt with it consistently for four decades?[/QUOTE] Well he's 57 so both of those apply to him actually. And it doesn't matter since you can you know, use things like research and sources and evidence rather than personal experience. Personal experience is nice but it's not a good backbone of an argument.

[QUOTE=CoolKingKaso;51502617]Which person would understand american economics better? An american sports commentator or an individual who has dealt with it consistently for four decades?[/QUOTE] Are you genuinely trying to say Trump knows how the economy works? A man who has tanked loads of businesses that others would have made flourish with ease? A man who opens a new business for every little thing he does to ensure that he can't take the fall when something goes wrong. A man who can't even run a fucking casino properly. A man who decided "yeah sub-prime mortgages sound like a good idea" just as sub-prime lending tanked the global economy? Trump is a fucking idiot fiscally. It's been pointed out before but he'd be richer and generally more respected as a money maker if he'd just invested his inheritance rather than trying to stick his tiny fingers into every pot that tickled his fancy with no knowledge of that market.

Even if he was a great, fantastic businessman, that doesn't mean he has any idea about macroeconomics.

[QUOTE=CowTippinScot;51502523]Dude, just go back to your reddit echochambers.[/QUOTE] My augmentations cannot see where you are coming from with this.

My problem is that everyone criticising Trump for this more than likely turned a blind eye on what Obama did. Government intervention destroys the economy if not done properly. It destroyed the economy when Bush did it, it destroyed the economy when Obama did it, and it will destroy the economy if Trump does it. I am afraid that Trump's "pragmatism" will tarnish the Republican party. He is playing a smart politician right now by taking care of any issues that he sees in the headlines, but his focus on popularity rather than good policy is not good for the country.

[QUOTE=dimitrik129;51505548]My problem is that everyone criticising Trump for this more than likely turned a blind eye on what Obama did. Government intervention destroys the economy if not done properly. It destroyed the economy when Bush did it, it destroyed the economy when Obama did it, and it will destroy the economy if Trump does it. I am afraid that Trump's "pragmatism" will tarnish the Republican party. He is playing a smart politician right now by taking care of any issues that he sees in the headlines, but his focus on popularity rather than good policy is not good for the country.[/QUOTE] I'm canadian, obviously, so I may not be right on this, but I don't feel like Obama did get a lot of "passes", at least not on here. He fucked up constantly, and ended up being only a mediocre president. I saw plenty of criticism of his policy on prisons, marijuana, foreign intervention, Iran, Guns, healthcare, there's a lot of things people argued about with him.

[QUOTE=dimitrik129;51505548]it destroyed the economy when Obama did it[/QUOTE] Citation needed, last I heard Obama's stimulus package was credited with stabilizing the economy by some.

[QUOTE=Anderan;51505771]Citation needed, last I heard Obama's stimulus package was credited with stabilizing the economy by some.[/QUOTE] He stopped us from going into full depression, yet our national debt surpassed our gdp. What good is that for future Americans?

Anyone else remember Olbermann's meltdown during the Scott Brown election and Jon Stewart ripped him apart afterwards? [url]http://www.cc.com/video-clips/wegwzd/the-daily-show-with-jon-stewart-special-comment---keith-olbermann-s-name-calling[/url]

[QUOTE=Pops;51505908]He stopped us from going into full depression, yet our national debt surpassed our gdp. What good is that for future Americans?[/QUOTE] I dunno, why don't you ask bush and Reagan who really kicked that shit off with Reaganomics and the tax cuts. Although to be fair, the stimulus wasn't Obama's. It originated with Bush but Obama enacted it.

[QUOTE=Pops;51505908]He stopped us from going into full depression, yet our national debt surpassed our gdp. What good is that for future Americans?[/QUOTE] That's because right after the stimulus, the gov't stopped pushing as hard for growth and we've been in a contractionary period for awhile, it's why our GDP is growing so slowly post 2009 [IMG]https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iSBjFgg3ZOPE/v3/-1x-1.jpg[/IMG]

[QUOTE=HumanAbyss;51505700]I'm canadian, obviously, so I may not be right on this, but I don't feel like Obama did get a lot of "passes", at least not on here. He fucked up constantly, and ended up being only a mediocre president. I saw plenty of criticism of his policy on prisons, marijuana, foreign intervention, Iran, Guns, healthcare, there's a lot of things people argued about with him.[/QUOTE] I believe approx. 60% of Americans had a postive view on the simulus package, I think a similar percentage is in favor for what Trump did with Carrier. Edit: [QUOTE][url]http://www.gallup.com/poll/114184/public-support-stimulus-package-unchanged.aspx[/url][/QUOTE] Public Support for Stimulus Package Unchanged at 52% [IMG]http://content.gallup.com/origin/gallupinc/GallupSpaces/Production/Cms/POLL/rarubasqxuewcaob76hrhg.gif[/IMG] Obama's approval ratings went up to 68% because of that [IMG]http://puu.sh/sLrFY/386d98ec37.png[/IMG] My main point is on the issue of intervening in the economy, not in general as a president. Based on public polling, if the president can make jobs, it makes people happy but doesn't necessarily do any favour for the economy.