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View Poll Results: Will Biden be a good president
Yes 40 50.63%
No 14 17.72%
He won't live long enough to determine either way 14 17.72%
Define "good" 20 25.32%
Multiple Choice Poll. Voters: 79. You may not vote on this poll

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  #41  
Old 17.12.2020, 11:29
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Re: Will Biden be a good President?

Trump inherited a robust economy and kept it going by stealing from future generations ( mushrooming fiscal deficit, rolling back environmental regulations ). And then blew it with his pathetic handling of the pandemic, giving the US the steepest decline in GDP amongst developed nations ( let's not even talk about deaths ).
We will see what happens to the Middle East when Iran has the bomb, all thanks to his Iran "policy".
Didn't know appointing people of your party to the Supreme Court could be called a policy.
First Step Act is just a rehash of a similar one introduced by the Democrats in 2015 but dragged down by the Republicans. In any case, Trump only signed it.
Yes, it's only his personality.
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  #42  
Old 17.12.2020, 11:36
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Re: Will Biden be a good President?

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Now we have record unemployment and poverty coupled with one of the biggest stock market crashes in history during his presidency -

Statistics please?
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  #43  
Old 17.12.2020, 11:41
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Re: Will Biden be a good President?

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Statistics please?
There aren't any because it's not true.

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kept it going by stealing from future generations ( mushrooming fiscal deficit,
Government debt was already way out of control before Donald Trump took power, and guess what, Joe Biden won't do anything about it either. Same goes for inflation.
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  #44  
Old 17.12.2020, 11:51
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Re: Will Biden be a good President?

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how much lower are we going to put the bar to identify some positive personality traits?

He has heartbeat, the ultimate sign that he's going to be a good president?
My comment never went into what a good president Biden is or is not going to be, because the fact is, he is not even President yet and I do not have a crystal ball.

But clearly some people do believe that traits such as honesty and empathy and a non-delusional understanding of reality are unnecessary for someone to be a decent leader.

Last edited by Pancakes; 17.12.2020 at 12:05.
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  #45  
Old 17.12.2020, 12:05
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Re: Will Biden be a good President?

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Trump's economic policy only benefited the extremely wealthy and increased their net worth, therefore perhaps the 1 percent will look back at that positively. Now we have record unemployment and poverty coupled with one of the biggest stock market crashes in history during his presidency - sort of negates the false increase brought on by helping out the wealthiest in the US economy. A conservative majority in the Supreme Court can only be seen as a positive to conservatives - never mind that the last one was elected into the court undemocratically in the middle of an election, which the GOP had previously been openly against.

I am glad he did not get involved in more Middle East conflicts...although his decisions in Israel can hardly be applauded.

But yea... it is just Trump's personality that was wrong, right?
SP500 is up 12% this year. Vastly outperforming Europe, as usual.
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  #46  
Old 17.12.2020, 12:11
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Re: Will Biden be a good President?

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But clearly some people do believe that traits such as honesty and empathy and a non-delusional understanding of reality are unnecessary for someone to be a decent leader.
cough cough.
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  #47  
Old 17.12.2020, 15:17
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Re: Will Biden be a good President?

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Statistics please?
Here you go, sad I even have to show it:

https://fortune.com/2020/05/28/us-un...ms-job-losses/

https://www.poynter.org/reporting-ed...ce-the-summer/

https://en.wikipedia.org/wiki/2020_stock_market_crash

"The crash was the fastest fall in global stock markets in financial history and the most devastating crash since the Wall Street Crash of 1929."

Last edited by Susie-Q; 17.12.2020 at 15:27.
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  #48  
Old 17.12.2020, 16:43
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Re: Will Biden be a good President?

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Here you go, sad I even have to show it:

https://fortune.com/2020/05/28/us-un...ms-job-losses/

https://www.poynter.org/reporting-ed...ce-the-summer/

https://en.wikipedia.org/wiki/2020_stock_market_crash

"The crash was the fastest fall in global stock markets in financial history and the most devastating crash since the Wall Street Crash of 1929."
It really wasn't. It took 5 years for stocks to recover after 2008. A couple of months in 2020. MSCI World is up c. 11% YTD. It was down 40% in 2008.

Last edited by HickvonFrick; 17.12.2020 at 17:12.
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  #49  
Old 17.12.2020, 18:54
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Re: Will Biden be a good President?

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Here you go, sad I even have to show it:

https://fortune.com/2020/05/28/us-un...ms-job-losses/

https://www.poynter.org/reporting-ed...ce-the-summer/

https://en.wikipedia.org/wiki/2020_stock_market_crash

"The crash was the fastest fall in global stock markets in financial history and the most devastating crash since the Wall Street Crash of 1929."
And you think it would not have crashed if sleepy Joe was president?
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  #50  
Old 17.12.2020, 21:31
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Re: Will Biden be a good President?

What crash is she talking about ? All my assets have tripled since last December. Which universe does she occupy?
I am having the best investment year ever. Indexes are record high. WTF?
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  #51  
Old 18.12.2020, 11:31
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Re: Will Biden be a good President?

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What crash is she talking about ? All my assets have tripled since last December. Which universe does she occupy?
I am having the best investment year ever. Indexes are record high. WTF?
I picked the wrong stocks = this was the biggest market crash in history

I have a mate with a degree in intersectionaility studies who can't find a job = we are facing historically unprecedented levels of unemployment.
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  #52  
Old 18.12.2020, 12:06
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Re: Will Biden be a good President?

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when Trump was elected, people were predicting he would surely be a second Hitler.

I have not heard one of those people retract those word or apologize, to this day.

So anything short of the 50 million that Hitler murdered should surely be held to Trump's credit?
People were NOT predicting he'd be the next Hitler but some did compare certain personalities traits such as narcissim and the use of propaganda, which was a fair.
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  #53  
Old 18.12.2020, 12:59
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Re: Will Biden be a good President?

This debate is ridiculous. I have a big dislike for Donald Trump, but i can't say he has been a catastrophe for the US economy, nor can anyone seriously say he has been a blessing. Anyone else would have done a little bit worse or a little better...impossible to say given the market volatility due to the pandemic (and by market I don't mean only stock market).

The US is a big economy with a tremendous innertia, so a single-term (actually not even a two-term) presidency can hardly mark a huge short-term difference in a trend that dates back 20 years:



If we want to have a serious discussion about economy we should first look at the bigger picture, instead of arguing anecdotal, single-point economy factoids. Starting by the overall federal spending vs revenues:



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Same goes for inflation.
If you don't have a good grasp on the topic, whatever you state so matter-of-factly only accentuates your lack of in-depth knowledge.

The US has had a healthy and rather inflation for a very long time:



2% is a very sweet spot for inflation and an indicator of a rather healthy economy where people simply buy what businesses produce at a stable rate.

My personal take-away from the last 4 years in terms of economy is: Trump's presidency was fairly stable and slightly positive for business, good for employment in general, good for consumption/spending, with perhaps a little too much of a bumpy ride thanks to Trump's stupidity spurring a trade war with China and most US allies, affecting steel prices. What it hasn't been is for US foreign trade (which was a big chunk of his message):



I think debating Trump's economy is a useless exercise, lacking big highlights, good or bad.
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  #54  
Old 18.12.2020, 13:26
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Re: Will Biden be a good President?

What is going to be interesting is what he does about the covid debacle.

People here are saying Trump is responsible for the 300,000 deaths, and Biden would have managed it better, well now he's got a chance to do so.
Looks like the vaccines will take @12 months to have any impact due to restrictions and resource, so ample opportunity to shine.
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  #55  
Old 18.12.2020, 13:36
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Re: Will Biden be a good President?

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What is going to be interesting is what he does about the covid debacle.

People here are saying Trump is responsible for the 300,000 deaths, and Biden would have managed it better, well now he's got a chance to do so.
Looks like the vaccines will take @12 months to have any impact due to restrictions and resource, so ample opportunity to shine.
Nothing will shine until people realize that the safest for them is to adopt safe habits and measures themselves.
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  #56  
Old 18.12.2020, 13:43
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Re: Will Biden be a good President?

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What is going to be interesting is what he does about the covid debacle.

People here are saying Trump is responsible for the 300,000 deaths, and Biden would have managed it better, well now he's got a chance to do so.
Looks like the vaccines will take @12 months to have any impact due to restrictions and resource, so ample opportunity to shine.
The chance to really "manage it better" was when it all started and all Biden can do now is minimise the damage caused by Trumps incompetence by following the science.
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  #57  
Old 18.12.2020, 14:13
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Re: Will Biden be a good President?

Trump continues to blow off opportunities to manage it better. Yay vaccine, but otherwise not a peep from the President. Yeah, it‘s a biological process, but encouraging mitigating behaviors, pushing for relief measures for citizens would help. No f‘ing leadership.

Oh yeah....yay stock market, but people don‘t care so much if they have no food, no jobs, at risk of eviction. But good for you if your investment portfolio did well.

So somebody said I don‘t understand a pandemic. Well, I do. I know there is a lot that can‘t be done....but there were so many opportunities for leadership, modeling behavior, etc. And it‘s not coming from the current president. Still think he‘s a role model, some of you?

So yeah, I think Biden will do a better job.
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  #58  
Old 18.12.2020, 14:18
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Re: Will Biden be a good President?

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What is going to be interesting is what he does about the covid debacle.

People here are saying Trump is responsible for the 300,000 deaths, and Biden would have managed it better, well now he's got a chance to do so.
Looks like the vaccines will take @12 months to have any impact due to restrictions and resource, so ample opportunity to shine.
It's interesting that countries like France, Italy and Spain have a similar impact of Covid as the US - but nobody seems to hold these countries' leaders responsible. You can blame him for his denial but that doesn't need to make him responsible.

As for Biden, I don't think he can do much: damage is done already and the vaccine is there.
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Old 18.12.2020, 14:23
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Re: Will Biden be a good President?

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It's interesting that countries like France, Italy and Spain have a similar impact of Covid as the US
Not quite the case. Spain and France have 30% less cases per capita, Italy has 40% less cases per capita. On the other hand, the US has done far more tests per capita, so this may be basing the assumptions (official numbers, so it's what's available) on figures which don't reflect reality accurately.
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Old 18.12.2020, 14:25
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Re: Will Biden be a good President?

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Not quite the case. Spain and France have 30% less cases per capita, Italy has 40% less cases per capita.
I was looking at deathss, as that's the most relevant statistic.
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