CHIPS act is a disaster so far

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

You don't get it, do you?

The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share.

In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best."

If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.

Look at the long term graphs. The economy under Trump was a continuation of what Obama started. Everything took a dip with COVID as Trump left office. Everything came back and more, because Biden's administration are adults who got the vaccines out, cleared the supply chain issues and generally have out performed every other country in the world.

You claim Biden is incompetent, and yet, our economy is the envy of the world and far superior on a month by month, a quarterly and annual basis than Trump's administration. This goes for GDP growth, unemployment, job creation, you name it.

Why are you lying about the economy under Trump as compared to Biden, or are you simply not aware of the facts?

Sorry, you're absolutely delusional.

So be it -- let's come back in say 10 years and see what unparalleled success (your bet) or expensive failure (mine) comes out of this.

And you claim to be an economist?



Just to be clear, you’re saying that investment in manufacturing and training is… bad.

You’re an “economist” at something like the Heritage Foundation, aren’t you.

[Anonymous]

Typical MAGA - total ignorance and nothing constructive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

You don't get it, do you?

The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share.

In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best."

If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.

+100

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

You don't get it, do you?

The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share.

In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best."

If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.

+100

+100 what?

The Economy under Trump was on the same trajecotry as under Obama except Trump also super juiced the wealth of the 1% with unfunded tax cuts that ballooned our debt by 25%. Then COVID hit and unemployment skyrocketed, and GDP tanked.

Facts matter and the GOP/Trump defenders here clearly have no clue.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

You don't get it, do you?

The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share.

In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best."

If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.

Look at the long term graphs. The economy under Trump was a continuation of what Obama started. Everything took a dip with COVID as Trump left office. Everything came back and more, because Biden's administration are adults who got the vaccines out, cleared the supply chain issues and generally have out performed every other country in the world.

You claim Biden is incompetent, and yet, our economy is the envy of the world and far superior on a month by month, a quarterly and annual basis than Trump's administration. This goes for GDP growth, unemployment, job creation, you name it.

Why are you lying about the economy under Trump as compared to Biden, or are you simply not aware of the facts?

Sorry, you're absolutely delusional.

So be it -- let's come back in say 10 years and see what unparalleled success (your bet) or expensive failure (mine) comes out of this.

So rather than actually looking at the long term graphs, you prefer to call someone else delusional?

Ok, don't look at facts and keep living in your alternate reality bubble.

Sweetie, I don't need to look into whatever graphs WaPo chose to share; I am an economist working in a major investment house. There are so many wrong points with your previous message, let's start with the first one: "The economy under Trump was a continuation of what Obama started."

This is FALSE. Every metric in 2015 and 2016 was showing a substantial slowing down, even likely recession, until the Trump election. Then everything changed.

You have no idea what you're talking about, so I was graciously giving you the benefit of the doubt with that "let's come back in say 10 years.'

So we can either believe 15 years of data or we can believe a rando anonymous poster with an opinion.

Or, you can actually look at the relevant data, without a partisan agenda.

"For the U.S. economy as a whole, 2016 was an off year. Economic growth slowed to a tepid 1.6% annual rate, which was a five-year low and a sharp drop from the 2.9% pace of 2015."

https://www.reuters.com/article/idUSKBN1YM0HL/

Sure and that 1.6 that Obama had was "tepid" but when Trump had the same 1.6 it was described as "robust" or "sizziling" or "spectacular"

See the problem?

You're hallucinating. First, what matters is the change of trajectory. Obama's 2.9 turned 1.6 and was widely expected to become a recession -- 0 or negative. Read that Reuters article. Second, Trump not only helped avoid that but delivered solid growth well above 1.6.

See the problem when you just make things up?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Policy is different than execution.

the government is not building the plants or hiring the workers.

And from what I've read the CHIPS act is dubious policy. Government funding of $100B is not sufficient to rebuild an industry that can compete with (or replicate) what Taiwan has. We don't have the skilled engineers, and our labor costs are astronomical. This is what drives people crazy about government spending. Throwing pennies at problems that are insurmountable.

So what is the GOP plan to restore the manufacturing base in the US while ensuring the US doesn't have supply chain issues in the future like it did post COVID?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

You don't get it, do you?

The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share.

In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best."

If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.

Look at the long term graphs. The economy under Trump was a continuation of what Obama started. Everything took a dip with COVID as Trump left office. Everything came back and more, because Biden's administration are adults who got the vaccines out, cleared the supply chain issues and generally have out performed every other country in the world.

You claim Biden is incompetent, and yet, our economy is the envy of the world and far superior on a month by month, a quarterly and annual basis than Trump's administration. This goes for GDP growth, unemployment, job creation, you name it.

Why are you lying about the economy under Trump as compared to Biden, or are you simply not aware of the facts?

Sorry, you're absolutely delusional.

So be it -- let's come back in say 10 years and see what unparalleled success (your bet) or expensive failure (mine) comes out of this.

So rather than actually looking at the long term graphs, you prefer to call someone else delusional?

Ok, don't look at facts and keep living in your alternate reality bubble.

Sweetie, I don't need to look into whatever graphs WaPo chose to share; I am an economist working in a major investment house. There are so many wrong points with your previous message, let's start with the first one: "The economy under Trump was a continuation of what Obama started."

This is FALSE. Every metric in 2015 and 2016 was showing a substantial slowing down, even likely recession, until the Trump election. Then everything changed.

You have no idea what you're talking about, so I was graciously giving you the benefit of the doubt with that "let's come back in say 10 years.'

So we can either believe 15 years of data or we can believe a rando anonymous poster with an opinion.

Or, you can actually look at the relevant data, without a partisan agenda.

"For the U.S. economy as a whole, 2016 was an off year. Economic growth slowed to a tepid 1.6% annual rate, which was a five-year low and a sharp drop from the 2.9% pace of 2015."

https://www.reuters.com/article/idUSKBN1YM0HL/

Sure and that 1.6 that Obama had was "tepid" but when Trump had the same 1.6 it was described as "robust" or "sizziling" or "spectacular"

See the problem?

You're hallucinating. First, what matters is the change of trajectory. Obama's 2.9 turned 1.6 and was widely expected to become a recession -- 0 or negative. Read that Reuters article. Second, Trump not only helped avoid that but delivered solid growth well above 1.6.

See the problem when you just make things up?

Because the GOP was constantly undermining the Obama Administration with needless government shutdowns that harmed the GDP and costs trillions of dollars needless, just like they did in 2023 with the debt ceiling and they will do again in January.

And then people like you will claim that Biden is bad for the economy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Policy is different than execution.

the government is not building the plants or hiring the workers.

And from what I've read the CHIPS act is dubious policy. Government funding of $100B is not sufficient to rebuild an industry that can compete with (or replicate) what Taiwan has. We don't have the skilled engineers, and our labor costs are astronomical. This is what drives people crazy about government spending. Throwing pennies at problems that are insurmountable.

You may be thinking of Solyndra and the whole solar industry and "7 million green jobs" but neither Biden nor uberLord Obama had anything to do with that.

Oh wait.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Policy is different than execution.

the government is not building the plants or hiring the workers.

And from what I've read the CHIPS act is dubious policy. Government funding of $100B is not sufficient to rebuild an industry that can compete with (or replicate) what Taiwan has. We don't have the skilled engineers, and our labor costs are astronomical. This is what drives people crazy about government spending. Throwing pennies at problems that are insurmountable.

You may be thinking of Solyndra and the whole solar industry and "7 million green jobs" but neither Biden nor uberLord Obama had anything to do with that.

Oh wait.

At least Harris had nothing to do with that disaster involving a dozen CA companies and multiple large bankrupcies.

Oh wait, she was CA Attorney General.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

While people like you were complaining about the solar investments, China used what WE learned and invested billions and now own the entire solar market. It's the lack of foresight that has allowed China to own these markets and for us to be so far behind. How do you think R&D works? Because of people like you complaining over investments, the US left the market because the politics here were too hard. Now, you see where we are. Playing catch up!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

He built that wall.

Exactly and look how well THAT has held up!

Didn’t some MAGA get caught embezzling funds meant for the wall?

Yes! Steve Bannon. But Trump pardoned him. Bannon accepted the pardon, so he admits he's a felon. We can absolutely believe everything felon Steve Bannon says on his show. MAGA should send Steve more money!

You can’t be THAT dumb!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

He built that wall.

Exactly and look how well THAT has held up!

Didn’t some MAGA get caught embezzling funds meant for the wall?

Yes! Steve Bannon. But Trump pardoned him. Bannon accepted the pardon, so he admits he's a felon. We can absolutely believe everything felon Steve Bannon says on his show. MAGA should send Steve more money!

You can’t be THAT dumb!

Doesn't matter what Bannon admits or not. He's a convicted criminal. He's one of the bad guys.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

He built that wall.

Exactly and look how well THAT has held up!

Didn’t some MAGA get caught embezzling funds meant for the wall?

Yes! Steve Bannon. But Trump pardoned him. Bannon accepted the pardon, so he admits he's a felon. We can absolutely believe everything felon Steve Bannon says on his show. MAGA should send Steve more money!

You can’t be THAT dumb!

https://www.justice.gov/pardon/frequently-asked-questions

an individual who accepts a pardon would already have been convicted as being guilty, even if they did not admit that guilt themselves. So, using the pardon may not be an admission of guilt, but that is a position the court already holds.

[Anonymous]

So to summarize: Conservatives blame Biden for not completely transforming the chipset manufacturing base within a year, while they have NEVER EVEN ADDRESSED IT during ANY Republican administration.

More performative BS from the GOP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Republicans have the attention span of gnats. If they can't have instant gratification, they don't want it. Just no discipline at all.

You also don't just snap your fingers and make industrial policy happen. It takes years to develop industry and infrastructure of this magnitude. Just look at any major construction project in a city near you. Think how long those apartment buildings take to build (hint, it's usually 2-3 years). Now multiply that difficulty by like 100 to get to what is necessary for a semi-conductor plant. Just one spec of dust or shedding of skin cells can disrupt the semiconductor process. OP, truly is an idiot that believes all things can be solved with 30 second sound bites.

Not sure I follow. You're saying that the same folks who couldn't build a working Obamacare website, or a solar industry despite massive investments, or get our own weapons out of Afghanistan, or manage the border, or open public schools safely like so many other countries did.....you're saying those same people will now "make industrial policy happen" ... and industrial policy is something so difficult that you need to "multiply that difficulty by like 100 to get to what is necessary"?

+1. What we need to "get things done" is a fat, bloated, lying bullshitter. Someone who's a real "businessman" with multiple bankruptcies and a fifty-year history of cheating contractors and tradesmen. MAGA!

You don't get it, do you?

The economy boomed under Trump and the GOP because they largely didn't have those Soviet delusions you seem to share.

In contrast Biden and Dems, proven incompetent time and again, want to regulate the private sector to death Soviet-style because "they know best."

If we had competent policy-leaders and policy-implementers, like say China or France have, I might think otherwise. But we don't.

Look at the long term graphs. The economy under Trump was a continuation of what Obama started. Everything took a dip with COVID as Trump left office. Everything came back and more, because Biden's administration are adults who got the vaccines out, cleared the supply chain issues and generally have out performed every other country in the world.

You claim Biden is incompetent, and yet, our economy is the envy of the world and far superior on a month by month, a quarterly and annual basis than Trump's administration. This goes for GDP growth, unemployment, job creation, you name it.

Why are you lying about the economy under Trump as compared to Biden, or are you simply not aware of the facts?

Sorry, you're absolutely delusional.

So be it -- let's come back in say 10 years and see what unparalleled success (your bet) or expensive failure (mine) comes out of this.

So rather than actually looking at the long term graphs, you prefer to call someone else delusional?

Ok, don't look at facts and keep living in your alternate reality bubble.

Sweetie, I don't need to look into whatever graphs WaPo chose to share; I am an economist working in a major investment house. There are so many wrong points with your previous message, let's start with the first one: "The economy under Trump was a continuation of what Obama started."

This is FALSE. Every metric in 2015 and 2016 was showing a substantial slowing down, even likely recession, until the Trump election. Then everything changed.

You have no idea what you're talking about, so I was graciously giving you the benefit of the doubt with that "let's come back in say 10 years.'

So we can either believe 15 years of data or we can believe a rando anonymous poster with an opinion.

Or, you can actually look at the relevant data, without a partisan agenda.

"For the U.S. economy as a whole, 2016 was an off year. Economic growth slowed to a tepid 1.6% annual rate, which was a five-year low and a sharp drop from the 2.9% pace of 2015."

https://www.reuters.com/article/idUSKBN1YM0HL/

Sure and that 1.6 that Obama had was "tepid" but when Trump had the same 1.6 it was described as "robust" or "sizziling" or "spectacular"

See the problem?

You're hallucinating. First, what matters is the change of trajectory. Obama's 2.9 turned 1.6 and was widely expected to become a recession -- 0 or negative. Read that Reuters article. Second, Trump not only helped avoid that but delivered solid growth well above 1.6.

See the problem when you just make things up?

Because the GOP was constantly undermining the Obama Administration with needless government shutdowns that harmed the GDP and costs trillions of dollars needless, just like they did in 2023 with the debt ceiling and they will do again in January.

And then people like you will claim that Biden is bad for the economy.

One thing at a time.

So know you recognize that your earlier claim was FALSE, and fully acknowledge that the economy in 2016 was weak and slowing down until Trump was election? (which you blame on the GOP). This is your revised position after reviewing the facts per Reuters article, correct?

If so, slowly as it may be, we're making some progress to unbrainwash you.