Fueled by high consumer confidence and a robust job market, U.S. retail sales in the holiday period rose at their best pace since 2011, according to Mastercard SpendingPulse, which tracks both online and in-store spending.
Sales, excluding automobiles, rose 4.9% from Nov. 1 through Christmas Eve, compared with a 3.7% gain in the same period last year, according to the Mastercard Inc. MA 0.21% unit, which tracks all forms of payment. E-commerce continued to drive the gains, rising 18.1%.
“It started with a bang in the week leading up to Black Friday,” said Sarah Quinlan, a senior vice president of marketing insights at Mastercard. She added that retailers benefited this year from Christmas Day falling on a Monday, giving shoppers a full weekend to scoop up last-minute purchases. Dec. 23 ranked next to Black Friday in terms of spending, according to Mastercard.
Of course, the naysayers will figure out a way to demand that all of this was either bad news, or is not a fine of an otherwise thriving economy. But reality is reality, people are spending money, consumer confidence is on the rise, and we've made the economy great again!!
89 comments:
Of course, the naysayers will figure out a way to demand that all of this was either bad news,
Your orgasmic hope that all this will translate into people liking R's is most amusing. Must be because our great obfuscator, trump is personally responsible for this year economy. I am sure that 15 bucks a week in tax cuts will also make you fawn over the legislation while passing on the debt to your spawn. Oh well, can't fix blind faith.....LOL
You ask Mitch McConnell whether he would have Trump's economy going into the 2018 election vs the Obama economy going into the 2014 election.
He'd select the Trump economy every time.
So would every other politician worth his salt.
Wait, stop !!!
Peez*, is taking credit for 2017 great economic successes.
I love out of power liberalism.
Good morning to the Four Liberal Stooges of CHT.
Welfare food stamp soup lines dropped by 1.3 million in 2017.
The Four Liberal Stooges of Coldheartedtruth have to be admired for raw stupidity.
Tax cuts
HB said 60 a week
Then
HB said 45 a week
Then
Opium drop it to 35 a week
Now
15 a week.
Small Businesses, like mine and Ett's Confidence has soared in 2017.
As has new home building AND a Yuge shift is away from Pres* rentals to Single Family Homes.
American Dream coming True Again.
Actually it started off as a tax increase of the middle class to pay for the tax decrease of the ultra rich. Until it passed, then the Democrats realized that people would eventually figure out for themselves, the truth.
He'd select the Trump economy every time.
He and you should be thanking Obama for not leaving a busch type recession in his wake, but a growing almost full employment economy that trump had nothing to do with....
KD makes up his alternate reality again...what an abject asshole......!!!!
have to be admired for raw stupidity.
Tax cuts
As the trump numbers evolved from 4k a year to the now 800 bucks a year, now make an issue of the changing baseline....asshole...
Based on both personal observation and news coverage of the very good holiday season sending was outstanding. That's very good new. I'm happy to see the economy is improving.
Here come the (but). The Presidential approval polling, when with the usual Rasmussen outliner, he remains to be the least popular in the recorded history. He brings this upon himself, it's not the propaganda lie, (Fake News). It's the results of this personal behavior by the President. Well over 60% wish he would cease and decrease his tweets. This is from this morning.
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Donald J. Trump's Tweets
Donald J. Trump
Donald J. Trump
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WOW, @foxandfrlends “Dossier is bogus. Clinton Campaign, DNC funded Dossier. FBI CANNOT (after all of this time) VERIFY CLAIMS IN DOSSIER OF RUSSIA/TRUMP COLLUSION. FBI TAINTED.” And they used this Crooked Hillary pile of garbage as the basis for going after the Trump Campaign!
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Based on the fact that the very unfair and unpopular Individual Mandate has been terminated as part of our Tax Cut Bill, which essentially Repeals (over time) ObamaCare, the Democrats & Republicans will eventually come together and develop a great new HealthCare plan!
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These were posted at 4:00 AM and 5:00 AM. EST.
The attacks on the FBI and attempt to imprison his former political opponent are both seen as the President's narcissistic personality disorder. In fact, if the Muller investigation can prove that he specifically fired Comey because he refused to discontinue the inquiry into the Russian investigation, he could be charged with obstruction of justice. Ikmimi
So Dennis wants us to thank Obama for not driving the economy completely into the crapper instead of only partially into the crapper.
Gee thanks Berry!!! (/sarcasm)
Peez*, is taking credit for 2017 great economic successes.
http://fortune.com/2017/07/20/donald-trump-economy-stock-market-jobs-reports-credit/
Another lie the moronic KD has been led to believe by the fabricator in chief....Dayum, you would eat a yard of trumps shit to get to his asshole, idiot...
wants us to thank Obama for not driving the economy completely into the crapper
LOL at you...Busch left the economy in the crapper, not obama....Why don't you just admit the economy was growing when he left office, unlike the .6% growth you claimed busch left behind....talk about crap...,.LOLOLO
I apologize for the goofy letters at the end of the post, due to my accidental almost impossible to fix, a narrowing of the input window.
But to follow up, the individual mandate was based upon a Republican policy. It was a policy taken from RomneyCare.
If he would actually be able to get bipartisan legislation, in the off year election year. And yes, because almost no one on either side of the aisle trust him, or find it politically useful.
1: Most Republicans who face a campaign, will not want to be associated with the deeply unpopular President.
2: For a couple reason, the Democrats are not going to actually cooperate with the President. They are not going to do anything that could improve his behavior or popularity. His impulsive behavior will never change. Despite that his own behavior has been very damaging to his popularity, he will not acutely work with the Democrats.
The Democrats have an opportunity for either a electoral wave or a hurricane. That's why the Democrats are not going to really cooperate. They may give the appearance of bipartisan support, but in a cold hearted appearance of cooperation, as I said, they will not be cooperating with the President. Schumer is going to keep the Democrats under control, despite of some divisions within the party, they will be united, unlike the Republican party that is in the midst of a civil war.
Prospero Navidad.
LOL at you...Busch left the economy in the crapper, not obama....Why don't you just admit the economy was growing when he left office, unlike the .6% growth you claimed busch left behind
It happens every election when the party changes. Instantly when the new President takes the oath, his supporters credit him with state of the economy at that exact moment.
Opie they hate to remember that President Obama inherited an economy that was losing 400,000 jobs a month and the -0.6% growth economy. Despite not growing at the rate it is at this time, he laid down the foundation of this growing economy.
Whether that this is the continuation of the Obama economy or the Trump economy is the question.
I believe that both sides deserve credit.
I believe that both sides deserve credit.
Inasmuch as Trump has failed in his wackier objectives, and hence stayed out of the way, his side deserves credit for not derailing the economic recovery. Which is the way we'd all hoped it would go.
wp, this may be true, but the reality is that the policies of the incoming President, doesn't really deserve much credit until either immediate policy actions, or the new fiscal year. But your comments are right on.
"Instantly when the new President takes the oath, his supporters credit him with state of the economy at that exact moment."
Trump made many policy changes via Twitter unfortunately, and Executive Orders.
I haven't been reading economic analysis reports on the actual impact of the President. Finding non partisan analysis is almost impossible to find. But right now I like the state of the economy, no matter who deserves the majority of the credit or not.
Almost every single business in the San Gabriel valley area where we live. For the most part, it's an economically sound superb of Los Angeles. Despite what the K'putz says, we live in an area where the housing market is going well, and this is not a dump. 😷
We are one block away from Walnut California. By zoning laws we are not in Walnut, but we live in prosperous area.
Inasmuch as Trump has failed in his wackier objectives, and hence stayed out of the way, his side deserves credit for not derailing the economic recovery. Which is the way we'd all hoped it would go.
I have to agree. Our obviously highly partisan political analysts host will not be able to agree that Obama deserves an ounce of credit. Trump inherited a solid economy and like you said that he hasn't fucked it up.
Yet.
The US Economy and the People that work are seeing the fruit of voting Trump.
Over then next week or so those big fat 401K, 457 b, Roth IRA, Traditional IRA, 529 college savings plans and other statements are going to be coming to those that invested and they are going to be YUGE upticks is wealth.
For the interlopers, well, nada for you.
Opie’s response was to say:
“
The US Economy is projected to grow at 1% in the first quarter....down significantly from last quarter 16. Yep, the fruits gave them diarrhea. Idiot. “
Blogger Roger Amick said...
I apologize for the goofy letters at the end of the post, due to my accidental almost impossible to fix, a narrowing of the input window.
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i just figured it was due to your newfound addiction to opiates.
It happens every election when the party changes. Instantly when the new President takes the oath, his supporters credit him with state of the economy at that exact moment." WP
BullShit Flag
Obama and his supporters took credit 20 months into Obama's First Term.
Which is better spending 1.2 Trillion on gov. "NOT so Shove Ready Jobs" and BLS threw that BS Flag on the uncountable fairy dust of Pres * "saved job" or letting the workers that earn the money keep 1.3 Trillion in provable tax cuts?
Replaced Marijuana with alcohol now on to opiates, just so weak in character.
HB, lives a few miles from "prosperity".
Lol like those that live on 6 mile road in the shit hole of Dee-troit live "in" prosperity" of Gross Point Michigan.
AS USUAL alky and addict. No rational discussions of my comments. I'm not addicted. I have strict rules and I follow them strictly. It's been since noon yesterday that I took my optional use of the pain control medications.
Most people who would be experiencing the pain I endure every single day retreat from life. I have chronic back pain at least a 7 level whenever I stand up. I still feel young and I personally cooked a Christmas meal for four yesterday.
1: A 16 lb turkey was baked to perfection.
2: Sweet yams..hmmmm
3: Potatoes and turkey gravy.
4: Fresh steamed broccoli, carrots,cauliflower ets.
5: Fresh backed from scratch cream cheese with graham cracker crust.
6 Pumpkin pie.
Chef Roger was on my feet for about eight hours.
I took two of them at 5mg each.
I posted a story about the successful celebrities who are recovering alcoholics on the Merry Christmas post. If you had any measure of humanity you would follow the link, but I know that you don't have the guts to look.
I've been on the medication for at least five years. If my provider thought that I was abusing the medication they would have quit prescribing the medication.
One block from Walnut lol
It happens every election when the party changes. Instantly when the new President takes the oath, his supporters credit him with state of the economy at that exact moment.
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the ignorant and/or dishonest perhaps.
the "state of the economy" as you call it has many moving parts, and in trump's case i think he deserves credit for some of it.
consumer confidence for example. by every measure this was virtually non existent during the previous regime. i knew exactly no one outside of those employed by government that when it came to consumer or business confidence felt good about the economy.
i also think trump deserves credit for the stock market.
on november 8, 2016, the DJIA closed at 18,332.
the market closed on friday, december 23 at 24,754.
the market rose 6,422 points, or 35 percent, in little over a year. i’m told that represents more than $6 trillion in shareholder value.
look, i get that your TDS probably comes at you in waves and can be a little overwhelming at times, but for chrissakes, don't let it ruin your perspective on some of the good trump might be able to do.
i mean, look at the bright side - debt and deficits suddenly matter to democrats again! that's gotta count for something.
wp I'm sure that you have noticed that the usual suspects never ceased personal insults instead of actual rational discussions? I keep coming back to shred them with the real Coldheartedtruth.
Yes let's give Trump credit for not continuing the slowest economic recovery in history, opting instead for strong growth and a historic stock market.
No rational discussions of my comments.
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you probably haven't noticed, but you've devolved to the point where your comments and political projections deserve nothing more than mockery, derision, and ridicule.
"I posted a story about the successful celebrities who are recovering alcoholics on the Merry Christmas post. If you had any measure of humanity you would follow the link, but I know that you don't have the guts to look"
i looked at it alky. and that's not the first time you've posted it. my comments remain the same - i don't fucking care. because they're "celebrities" they're supposed to matter to me? in my opinion that's a bug, not a feature of our current society. it seems like every fucking asshat in the country including you wants their 15 minutes of fame.
and we don't just celebrate mental illness, we're so fucking stupid we codify it into law. child molesters and sexual predators around the country are lined up outside the wrong rest room looking for victims and you fucksticks call it "progress."
you're an idiot on stilts, alky. and a galactic fucking failure. you're alive because someone else had to die. instead of bragging about your christmas day culinary feats you should hit your fucking knees and thank God for every minute you're on this side of the sod. but you don't know thankfulness or humility. you only know selfies and braggadocio.
Pres * GDP 1st quarter 2016 0.6 %
Pres. Trump 1st quarter 2017 1.2 %
It gets worse for Pres * , if we continue to compare 2016 to 2017.
Roger
Are you saying you don't use personal insults when you criticize the President?
On January 20, 2009 The DJIA was approximately at 7,000. The economy was losing 400,000 A month. The Dow Jones industrial was at 18,332. A 36% improvement. Given the fact that we were in the worst economic catastrophe since 1929, if McCain had achieved that you would be in favor of putting him on Mount Rushmore.
On November 8th 2016
Of course I insult the President. I find it entertain. If he actually read my responses to his tweets, his narcissistic personality disorder would lead him to block my comments.
WP...
I think we both know that Trump spent most of his first year literally "derailing" the Obama legacy of hampering the economy.
I sometimes wonder when the other liberals will catch on to the fact that you are openly trolling and purposely ignoring reality as some sort of spoof. I think they still believe you are being serious!
Of course I insult the President. I find it entertain
Well there you go!
I think people find it equally entertaining to personally insult you and watch your head explode.
If he actually read my responses to his tweets, his narcissistic personality disorder would lead him to block my comments.
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or he could simply think like we do that you're an asshole not worth the effort.
I'm behind on my medications schedule. The opioid is optional. Unless the pain is overwhelming, I skip it. Or if my lovely wife offers entertainment oh yeah. The bad back can be unpredictable. LOL.
I'm in a great mood.
I didn't mention earlier that on Christmas Eve, I spent a lot of time at ER. The side effects of the medication can cause difficult conditions.
Minor adjustments worked out yesterday very well.
Adios CH. For now. I will return to keep posting the Coldheartedtruth
Yes let's put obama on Rushmore for giving us the slowest recovery in history because of all the absurd regulations and policies he forced onto the country.
Personal information about the irrational President has caused your head to go nuclear.
I do actually believe that you share the narcissistic personality he does. That lead to the block. The occasional off hour comments were my mistakes. But I do actually learn from my mistakes and try to learn from them and change my behavior.
Enjoy your narcissistic personality!
Raise your hand IF you are healthy and NOT ON a Pill Schedule.
《《Hand in air》》
CHT, "there you have it".
Still butt hurt, HB believes you and Trump are mentally one in the same. S o HB hates your intellect over him.
I do actually believe that you share the narcissistic personality he does.
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projecting again alky?
no one posts as much personal information powered by pure braggadocio around here as you do.
no one.
"I didn't mention earlier that on Christmas Eve, I spent a lot of time at ER."
WHO GIVES A FUCK? who on this blog, other than you, actually gives a flying fuck that you were in the ER on christmas eve?
you're the biggest narcissist on this blog, period. and if CH ever took down this blog you'd be dead in 6 months.
I sometimes wonder when the other liberals will catch on to the fact that you are openly trolling and purposely ignoring reality as some sort of spoof. I think they still believe you are being serious!
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indeed.
i haven't seen trolling at this level in ages. he even got me to fall for it a couple times.
good job, wp.
I know from personal experiance that Roger's response to any rational post I make is a personal insult.
EVERY Democrat voted against the tax cuts, fact.
Every Democrat in the US Senate Could have voted with Republicans , making the Individual tax cuts like the Corp. Rates, with no explanation date.
Look in the mirror, you see the problem?
I just recently asked wp when he became such a troll. He does it more eloquently than the others, but its the same crap.
Speaking of narcissism:
Bill de Blasio likens himself to Thomas Edison, Henry Ford, and Mahatma Gandhi
Somehow he missed Albert Einstein, Martin Luther King......
... and captain kirk
Lol, Bill DE Blasio, created What?.
Blogger KD said...
Lol, Bill DE Blasio, created What?.
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more homelessness, more crime, more public urination and vagrancy...
I sometimes wonder when the other liberals will catch on to the fact that you are openly trolling and purposely ignoring reality as some sort of spoof. I think they still believe you are being serious!
You wouldn't like it if I were really trolling - and fortunately I don't do that any more. I try to provide value in posts, some knowledge or insight or a point of view that others may have missed. Or to prod out what another writer truly believes.
Remember that fake lawyer from Brazil who claimed that some vague listing on their Bar Association website proved his credentials? When he got an email from that Bar Association announcing that *I* was a lawyer in Brazil, and that he'd been expired, he freaked out and the howling went on for months. Now that was a good troll.
I think we both know that Trump spent most of his first year literally "derailing" the Obama legacy of hampering the economy.
Well that's vague enough as to require no specifics, indeed no factual basis at all. It has that itchy feel of a good re-election campaign slogan. You know, like when a cockroach is crawling on your arm, that kind of feeling. Good one.
WP - WP = Trolling
The top paychecks of federal workers are set to grow again next year to a six-figure number that rivals the $174,000 salaries of America’s 535 House and Senate members.
Under a new federal order, salaries for most bureaucrats in the General Service will rise next year when the cap on top pay hits $164,000.
And for the upper reaches of the government, senior executive service employees will be allowed to earn a maximum of $189,600.
The Washington area, where the bulk of federal workers are employed, will get the biggest pay raise under the order signed by President Trump before Christmas. There, the increase for General Service workers will be 2.29 percent.
The average federal worker in 2016 earned $86,365. With benefits, the total compensation was $123,160.
The average non-federal pay in the nation was $58,726, with total compensation at $69,901.
http://www.washingtonexaminer.com/federal-workers-poised-to-overtake-salaries-of-senators-dc-gets-highest-pay-raise/article/2644368
Derailed.
1, got rid of the seizure of stream and puddles and ponds on my land.
2, named Conservative judges.
3, named ussc justice Conservative
4, cut my business and personal income taxes
5, gave back my families health care
Roger Amick said... Trump inherited a solid economy and like you said that he hasn't fucked it up.
Yet.
I'm actually fairly optimistic about it. If the makeup of Congress is more counter-balanced against him after the midterms, and the signs for that are good, then Trump can likely be held in check for the rest of his term.
Good link RRB.
WP, reduced to wetting himself.
How does a regulation protecting women in the workplace, for instance, impact the economic recovery?
Granted, Trump has irrationally revoked a lot of protections, but other than harming some individuals of certain classes (which pretty much describes ALL of the listed Trump executive orders), none of them can account for an economic expansion. No matter how far your reaching is.
If Trump is limited to that kind of nonsense for the rest of his term, we'll count that as a win.
Wp, trolled he was against names calling.
Yet, he is for it when it is her doing it.
Psst... Hey WP. Sometimes you make it too easy. Better to at least pretend you are making a reasonable argument from time to time.
But hey, since you already played stooge to Rat, let me set your troll back up again.
Tell us again, how the Government (run by a guy who's only previous private sector experience had been to be a community organizer and part time college prof) would know better than Business executives how they can most profitably run their businesses?
Oh wait... (again thanks for the set up)... Government regulation are for our "protection" (ahem) not for the same of businesses actually being successful.
So perhaps you can give a good troll, and explain how reducing government regulations (that are not designed to help business make profit and are generally opposed by business executives) would not have the net affect of actually helping business profits?
Blogger KD said...
Wp, trolled he was against names calling.
Are you still mad that I asked you about the Militia Prepper Compounds in Kansas? I still think that was funny, a little bit. But, I apologize for that.
CH inquired: Tell us again, how the Government (run by a guy who's only previous private sector experience had been to be a community organizer and part time college prof) would know better than Business executives how they can most profitably run their businesses?
Depends on the details. Are we talking about someone with multiple serial bankruptcies for instance? Or someone who managed to fail with casinos?
So perhaps you can give a good troll, and explain how reducing government regulations (that are not designed to help business make profit and are generally opposed by business executives) would not have the net affect of actually helping business profits?
How does eliminating civil rights protections for transgenders NOT stimulate the economy he asks ... um, maybe because violating the rights of a small number of workers isn't really all that profitable?
A, nope
Civil Rights don't depend on a made up "protected class".
Home Depot Yuge Bonus to us Share Holders, why, well. Berie Marcus said it is because of the new Trump Tax Law.
Depends on the details. Are we talking about someone with multiple serial bankruptcies for instance? Or someone who managed to fail with casinos?
I don't believe you understood the question. You sound confused.
So let me explain it back to you again.
The President who was responsible for the business regulations in question was the guy who's only private sector experience was being a community organizer and part time college professor.
Perhaps you can explain to us why you believe this person knew better than the business community what was good for their businesses?
Actually no need. We know the answer. It's because he "told you so" and because you always believe what you are told about business by people without any business experience, or business background.
Oh, and please "imply" once again that a guy listed by Forbes as worth $3.5 billion dollars isn't a successful businessman...
Blogger KD said...A, nope
Good, because you know I didn't rat you out to the Feds. As far as I'm concerned Preppers should have the same civil rights and other considerations as everyone else, maybe more if they're "2nd Amendment" types. Since they really really like that one and kind of insist.
How does eliminating civil rights protections for transgenders NOT stimulate the economy he asks ... um, maybe because violating the rights of a small number of workers isn't really all that profitable?
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au contraire. addressing civil rights for the mentally ill, er, transgendered, could easily include some significant public restroom accommodation remodels. consider the $$$ required to address this issue from some of the more progressive retailers in america. we're talking general contractors, master plumbers, plumbing fixture and supply companies, trucking companies to bring in the new fixtures, waste companies to remove the construction debris, potential for portable restroom accommodations to serve the public during construction...
wp, we're talking a veritable gold mine here. and what if it's an ultra high end retailer who could be inclined to use some of the trump-approved 24k gold fixtures?
good God man, we could be talking about an upgrade in fixtures and a transfer of wealth we haven't seen since jed clampett struck it rich and left the outhouse in the hills for a shitter in beverly hills.
Perhaps you can explain to us why you believe this person knew better than the business community what was good for their businesses?
Well for starters, what's good for their business isn't necessarily good for the economy. I'd rather pay no taxes at all on my business, that would be good for business. Depending on the business, hire people off the books, pay them pennies, keep them locked up at the factory, that's good for the bottom line. Would be heck on the economy.
Any more probing questions I can help with?
Oh, and please "imply" once again that a guy listed by Forbes as worth $3.5 billion dollars isn't a successful businessman...
For the sake of clarity, this IS the guy who can't make a casino profitable, right?
consider the $$$ required to address this issue from some of the more progressive retailers in america. we're talking general contractors, master plumbers, plumbing fixture and supply companies, trucking companies to bring in the new fixtures, waste companies to remove the construction debris, potential for portable restroom accommodations to serve the public during construction...
Sounds like a good deal for the general contractors, trucking companies and waste companies. Get those dollars into circulation, and we have Reagan's old "multiplier" in action, zapping up the economy.
But forget all the old Ronald Reagan wisdom if you must, do you really believe that business owners convened their staff and said "At last, we can fire those transgenders, and we don't have to worry about paying the ladies, so now we can plow billions back into capital investments"?
You and CH are missing the point. You're getting frustrated that I'm cherry-picking the Trump Orders, but I'm doing that because it's up to you to be specific about which ones, out of that long list, that you think have stimulated the economic recovery. I don't think there are any. You made the claim, so which is it? TARP?
Well for starters, what's good for their business isn't necessarily good for the economy.
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the legitimate and the legal was a given. or, if you want to have it your way, widespread corruption and illegality at the highest levels of the FBI was extremely profitable for Fusion GPS, and the middleman attorney's who brokered the DNC/clinton campaign purchase of the dossier.
i mean, if you want to discuss total lawlessness, go big or go home. and all that dirty, filthy luchre moving between the clinton's, their lawyers and the federal government agencies is great for the economy. i mean, it's like keynesian and everything.
trollin', trollin', trollin',
keep those troll posts rollin'
trollin', trollin', trollin',
RAWHIDE!
Well for starters, what's good for their business isn't necessarily good for the economy
Oh, oh! I know!!! ;-)
I suppose you learned that from a part time law professor? That there is no correlation between successful commerce and a good economy?
Depending on the business, hire people off the books, pay them pennies, keep them locked up at the factory, that's good for the bottom line. Would be heck on the economy.
Let me guess... ;-)
I suppose it was a community organizer who explained to you that this is how business people generally run their businesses when left unchecked?
Especially with 4% unemployment. People are happy to work for pennies and be locked in factories!!! I think my neighbor just quit his job as security guard to go do that!
You are "rare" trolling form today, WP!!!
At last, we can fire those transgenders
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fire them???
after blowing all that $$$ to build them state of the art shitters where they can ply their filthy molesting trade?
now that's just cruel, ebeneezer wp. to unemploy all those folks, particularly after the holidays.
I suppose you learned that from a part time law professor? That there is no correlation between successful commerce and a good economy?
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must i remind you that it was the great and powerful 0linsky who lectured us on surgeons performing unnecessary surgical procedures like tonsillectomies purely for profit with no regard for the health or needs of the patient?
"I suppose it was a community organizer who explained to you that this is how business people generally run their businesses when left unchecked? "
i thought it was that high-cheek boned, whiter than a mayonnaise sandwich on white bread, affirmative action, harvard indian lady who gets paid $400,000 to teach one class on the legal vagaries of class warfare???
You are "rare" trolling form today, WP!!!
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an' keep 'er moving der guy...
Technically WP...
It was Ivana Trump who ran the Casino business in Atlantic City. But in her defense, they made a lot of money in that business for several years, before things went sour and they got out. They certainly recouped their investments and then some...
But that is sort of what successful business people do. They expand, they contract, they adapt... and in the end, they either have a whole bus load of money or they are in the poor house.
I forget... is Trump part of the group that has a whole bunch of money still, or is he living in a poor house somewhere?
I forget... is Trump part of the group that has a whole bunch of money still, or is he living in a poor house somewhere?
Na, he's in government housing.
I suppose it was a community organizer who explained to you that this is how business people generally run their businesses when left unchecked?
Actually it's from the Industrialists aka Robber Barons of the late 19th century. Or more topically, practices extant today in China.
There is a growing school of thought that China's economy is soon due a reckoning from the corrupt business practices such as I described. It might be fine for the "business leader" in charge of the factory. For the health of the economy, not so much.
If you want to structure a real estate deal to refinance a failing casino by investing from another failing casino, while shifting personal debt into it in the bargain, leaving bondholders holding the bag, then I'll grant that Trump is your man.
Kind of parallel with this latest tax package, when you think about it.
If you want to structure a real estate deal to refinance a failing casino by investing from another failing casino, while shifting personal debt into it in the bargain, leaving bondholders holding the bag, then I'll grant that Trump is your man.
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"leaving bondholders holding the bag"
no one left bondholders holding the bag like BHO did with his auto bailout. while the UAW was made whole plus some, those bondholders were royally screwed with the dollar amount dwarfing anything trump did at one of his casinos.
just giving credit where credit is due.
Actually it's from the Industrialists aka Robber Barons of the late 19th century. Or more topically, practices extant today in China.
So your community organizer convinced you that we need to protect ourselves from 19th century business practices with lots of "government regulations" ?
Or did your community organizer convinced you that we need to protect ourselves from Chinese business practices with lots of "government regulations" ?
What policy did Prez *, put in place that cause 100's of thousands of workers to receive bonuses?
HB, how goes your five year daily pill popping to maintain your "healthy life syle"?
Dallas Manufacturing Report came in "stronger than Expected" .
"Kind of parallel with this latest tax package, when you think about it."
Nonsense, lol.
Robbing Peter to pay Paul, getting his own personal gain out of it, and leaving someone else with the giant debt down the road. Tax package or Trump real estate deal,
Anonymous wphamilton said...
Robbing Peter to pay Paul, getting his own personal gain out of it, and leaving someone else with the giant debt down the road.
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hey, if you want to rehash the previous administration, go for it.
me? i'm just glad it's over.
Or did your community organizer convinced you that we need to protect ourselves from Chinese business practices with lots of "government regulations" ?
It's the way history shows how business owners can act if left unchecked. It was your question. A dumb question, but a straight answer.
Redbook report.
Same store sales Up (unexpectedly) 5.7 % yoy.
Mastercard largest Christmas Ever.
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