Here We Argue the Economy (1 Viewer)

[wikkidpissah]

I'm retired, locked in an inconsequential rural corner of the country, a dead mill town that had to go Section 8 to deal with all the abandoned residences and invited even more low-income problems by doing so. It's not a place where positive economic change would be reflected.

Lately, i'm starting to hear a lot of, "If Dems run on the economy, they lose", "If the economy keeps up like this". I look at a graph of the Dow for the 2010s and i see no dramatic rise in the up rate, unemployment figures for the 2010s remain on relatively the same track for the entirety of the decade & gdp growth doing the same lie detector pattern around 2% it's done since the internet boom. i know more people in economic trouble than i did 10 years ago (my age probably has something to do with that) but not dramatically so.

So spell it out for me - what's good/bad about the economy and why?

 

[Murph]

Lately, i'm starting to hear a lot of, "If Dems run on the economy, they lose",

At a macro level the economy is good. But running on the economy can still be a winner because the gains have been going to the very top. 

But running a promise to return to the Obama economy is a loser. Because the Obama economy was the same deal. And it's why we got Trump.

 

[HellToupee]

I'm retired, locked in an inconsequential rural corner of the country, a dead mill town that had to go Section 8 to deal with all the abandoned residences and invited even more low-income problems by doing so. It's not a place where positive economic change would be reflected.

Lately, i'm starting to hear a lot of, "If Dems run on the economy, they lose", "If the economy keeps up like this". I look at a graph of the Dow for the 2010s and i see no dramatic rise in the up rate, unemployment figures for the 2010s remain on relatively the same track for the entirety of the decade & gdp growth doing the same lie detector pattern around 2% it's done since the internet boom. i know more people in economic trouble than i did 10 years ago (my age probably has something to do with that) but not dramatically so.

So spell it out for me - what's good/bad about the economy and why?

All politics is local

 

[Mister CIA]

All politics is local

 

[dkp993]

I'm retired, locked in an inconsequential rural corner of the country, a dead mill town that had to go Section 8 to deal with all the abandoned residences and invited even more low-income problems by doing so. It's not a place where positive economic change would be reflected.

Lately, i'm starting to hear a lot of, "If Dems run on the economy, they lose", "If the economy keeps up like this". I look at a graph of the Dow for the 2010s and i see no dramatic rise in the up rate, unemployment figures for the 2010s remain on relatively the same track for the entirety of the decade & gdp growth doing the same lie detector pattern around 2% it's done since the internet boom. i know more people in economic trouble than i did 10 years ago (my age probably has something to do with that) but not dramatically so.

So spell it out for me - what's good/bad about the economy and why?

Largely perception and how one wants to look at it, often defined by whether one is registered as an R or D.  

https://www.bloomberg.com/news/articles/2019-06-06/u-s-economy-celebrates-10-years-of-growth-but-no-one-s-partying