RE: The Official "Damned Trump" Thread
December 3, 2019 at 3:03 am
(This post was last modified: December 3, 2019 at 3:05 am by Dmitry1983.)
(December 3, 2019 at 2:46 am)Fake Messiah Wrote:It absolutely is. Originally North Korea was richer than South Korea. But now due to higher GDP growth South Korea is much richer than North Korea.(December 3, 2019 at 2:22 am)Dmitry1983 Wrote: US GDP is growing. So economy is simply becoming more service oriented. Unemployment is at all time low. S&P500 is at all time high.
GDP is growing at higher rate than more socialist Europe and at lower rate than less socialist China.
It's the economy, stupid...
GDP isn't much of an indicator.
Quote: As Nobel-winning economist Joseph Stiglitz explainsThis genius probably doesn't know that enviromental destruction existed in USSR, Venezuela and many other socialist countries.
Quote: middle-class sufferingUS middle class suffers so much it's richest middle class in the world.
Quote:Kochs, Waltons, Mars: UP 6,000%Average guy doesn't know how to manage wealth.
Median American household: DOWN 3%
Quote:Not to mention that US corporate debt is at a record high — 47% of GDP.Because of near zero interest rates. Businesses can borrow more when interest rates are low
Quote:So it is racism, stupid.You are literally imbecile