• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

85 Bedok North Fried Oyster

kiketerm

Alfrescian
Loyal
i admit with beijing biden as potus and kamlampar kamasutra harris as vp i’m a loser as i’ll end up paying 6.9 times more taxes with these bozos in charge.

Errrr the current Donald J Trump administration has not managed to create the jobs nor growth the previous administration has, and the resultant deficits are massive. As for the VP-Elect, Kamala Harris is half Jamaican, maybe a bit of Rastafari Culture could soothe your sore loser mentality :tongue::tongue::tongue:

Once again, a Democratic Administration must clean up the mess of a GOP one, as Regan, Bush and now Donald J Trump have decimated the finances of the United States.

https://www.forbes.com/sites/chuckj...-election-economic-scorecard/?sh=504c556441af


Trump’s Re-Election Economic Scorecard
Chuck Jones
Chuck Jones
Senior Contributor
Markets
I cover technology companies, worldwide economies and the stock market
U.S. President Donald Trump

U.S. President Donald Trump (Photo by Alex Wong/Getty Images)
GETTY IMAGES
The elections are five days away and the first estimate for September quarter’s GDP was released Thursday morning, showing growth of 33.1%. While this is just short of twice the 16.7% record growth recorded in the first quarter of 1950, it is due to the rebound from the June quarter’s record fall of 31.4% and the March quarter’s decline of 5.0%.
The five charts below show how the economy has performed during President Trump’s time in office. As can be seen in many of them the economy was trending with positive results from President Obama’s term until the coronavirus hit.
Besides inheriting an economy that was doing well under President Obama, a key question for President Trump is could have some of the damage to the economy been avoided if there had been a more robust response to the coronavirus.
PROMOTED
BB&T|SunTrust now Truist BRANDVOICE | Paid Program
By Borrowing And Divesting, CFOs Find Ways To Navigate The Pandemic

Whittier Trust BRANDVOICE | Paid Program
Why Lifetime Gifting Should Be Central To Your Estate Plan

New York Life Investments BRANDVOICE | Paid Program
The First 300 Seconds—How To Make Your Meeting With Female Investors Count

GDP growth is a record but still negative from last year
The U.S. Bureau of Economic Analysis reported that the economy grew 33.1% in the September quarter. Due to the distortions created by the way the U.S. Bureau of Economic Analysis or BEA calculates GDP; a better way to look at the economy is the year over year growth rate. As can be seen in the chart below from Gregory Daco at Oxford Economics the economy is down 2.9% year over year and is forecast to still be in negative territory in the December quarter at down 2.4%.
U.S. GDP growth

U.S. GDP growth
GREGORY DACO AT OXFORD ECONOMICS
MORE FOR YOU
The Ultimate Donald Trump Mystery That Couldn’t Be Solved Before Election Day
Zoom Is Now Worth More Than ExxonMobil—And Founder Eric Yuan’s Net Worth Has Nearly Doubled In Three Months
Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested
Trump continually says that the economy is the best ever during his Presidency. However, even before Covid-19 hit the economy the chart below goes back to 1930 and shows that this is far from the truth. Trump’s best GDP growth year was 3.0% in 2018 and prior to him there had been 48 years with higher growth rates.
U.S. GDP growth

U.S. GDP growth
U.S. BUREAU OF ECONOMIC ANALYSIS
Job growth has lagged Obama’s and 12 previous Presidents
Trump’s best year adding jobs before Covid-19 was 2018 when 2.3 million more people were working at the end of the year. However, this was less than any of President Obama’s last three years and Trump’s three year total is less than Obama’s last three years. Another indication that Trump has not had the best economy ever.
Job creation under Presidents Obama and Trump

Job creation under Presidents Obama and Trump
U.S. BUREAU OF LABOR STATISTICS AND @DEMDIFFERENCE
And when compared to 12 previous Presidents, Trump is the only one to have lost jobs.
Job growth under 13 Presidents

Job growth under 13 Presidents
U.S. BUREAU OF LABOR STATISTICS AND @CAPACTION
Unemployment rate
The unemployment rate was 7.8% when Obama took office during the teeth of the Great Recession and peaked at 10.0% in October 2009, nine months later. It continued to decline at a steady pace through 2018, Trump’s second year in office, when it flat-lined. Which is not surprising as there will always be some level of unemployment.
Bear in mind that when Trump touts the rebound in jobs and unemployment he wants voters to focus on the decline from the record 14.7% unemployment rate, not the increase from 3.5%. And keep in mind that there were millions of people undercounted in the surveys. The Bureau of Labor Statistics estimates that the unemployment rate actually hit 19.5% in April.
Unemployment rate

Unemployment rate
U.S. BUREAU OF LABOR STATISTICS AND JACK WOIDA
S&P 500
The one metric that has done well under Trump is the stock market. From his election and inauguration dates the S&P 500 has increased by 53% and 47%, respectively. A large part of the gains occurred in 2017 when the Index rose 19% in anticipation of the corporate tax rate being cut from 35% to 21%.
As shown in the chart below Obama had gains of 41% and 85% four years post his election and inauguration, respectively. While Trump benefited from the tax cuts, Obama benefited from the markets decline due to the Great Recession.
S&P 500 weekly price chart

S&P 500 weekly price chart
STOCKCHARTS.COM
A key question is, was it the best policy to cut tax rates in 2018 when the economy was doing well, especially since they disproportionately benefited corporations and high-income individuals. The cuts helped the stock market by increasing companies profits (chart below from FactSet on S&P 500 earnings), but it probably would have been better to have “saved” that money in the anticipation that the economy would at least hit a soft patch. The coronavirus stimulus payments would then not have as much of a negative hit to the Federal deficit.
S&P 500 earnings

S&P 500 earnings
FACTSET, JOHN BUTTERS
Federal deficit
The Federal deficit was trending up under Trump’s Presidency and then exploded with the stimulus payments due to Covid-19 and lower tax revenue due to the downturn in the economy. Going into 2020 the deficit was projected to be above $1 trillion and wound up hitting $3.1 trillion.
Federal deficit pre and post-pandemic

Federal deficit pre and post-pandemic
PETER G PETERSON FOUNDATION
As a percentage of GPD the deficit was the largest since World War II. And the pre-pandemic deficit would have been larger than Obama’s post-Great Recession deficits.
Federal deficit as a percent of GDP

Federal deficit as a percent of GDP
PETER G PETERSON FOUNDATION
 

eatshitndie

Alfrescian (Inf)
Asset
Errrr the current Donald J Trump administration has not managed to create the jobs nor growth the previous administration has, and the resultant deficits are massive. As for the VP-Elect, Kamala Harris is half Jamaican, maybe a bit of Rastafari Culture could soothe your sore loser mentality :tongue::tongue::tongue:

Once again, a Democratic Administration must clean up the mess of a GOP one, as Regan, Bush and now Donald J Trump have decimated the finances of the United States.

https://www.forbes.com/sites/chuckj...-election-economic-scorecard/?sh=504c556441af


Trump’s Re-Election Economic Scorecard
Chuck Jones
Chuck Jones
Senior Contributor
Markets
I cover technology companies, worldwide economies and the stock market
U.S. President Donald Trump

U.S. President Donald Trump (Photo by Alex Wong/Getty Images)
GETTY IMAGES
The elections are five days away and the first estimate for September quarter’s GDP was released Thursday morning, showing growth of 33.1%. While this is just short of twice the 16.7% record growth recorded in the first quarter of 1950, it is due to the rebound from the June quarter’s record fall of 31.4% and the March quarter’s decline of 5.0%.
The five charts below show how the economy has performed during President Trump’s time in office. As can be seen in many of them the economy was trending with positive results from President Obama’s term until the coronavirus hit.
Besides inheriting an economy that was doing well under President Obama, a key question for President Trump is could have some of the damage to the economy been avoided if there had been a more robust response to the coronavirus.
PROMOTED
BB&T|SunTrust now Truist BRANDVOICE | Paid Program
By Borrowing And Divesting, CFOs Find Ways To Navigate The Pandemic

Whittier Trust BRANDVOICE | Paid Program
Why Lifetime Gifting Should Be Central To Your Estate Plan

New York Life Investments BRANDVOICE | Paid Program
The First 300 Seconds—How To Make Your Meeting With Female Investors Count

GDP growth is a record but still negative from last year
The U.S. Bureau of Economic Analysis reported that the economy grew 33.1% in the September quarter. Due to the distortions created by the way the U.S. Bureau of Economic Analysis or BEA calculates GDP; a better way to look at the economy is the year over year growth rate. As can be seen in the chart below from Gregory Daco at Oxford Economics the economy is down 2.9% year over year and is forecast to still be in negative territory in the December quarter at down 2.4%.
U.S. GDP growth

U.S. GDP growth
GREGORY DACO AT OXFORD ECONOMICS
MORE FOR YOU
The Ultimate Donald Trump Mystery That Couldn’t Be Solved Before Election Day
Zoom Is Now Worth More Than ExxonMobil—And Founder Eric Yuan’s Net Worth Has Nearly Doubled In Three Months
Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested
Trump continually says that the economy is the best ever during his Presidency. However, even before Covid-19 hit the economy the chart below goes back to 1930 and shows that this is far from the truth. Trump’s best GDP growth year was 3.0% in 2018 and prior to him there had been 48 years with higher growth rates.
U.S. GDP growth

U.S. GDP growth
U.S. BUREAU OF ECONOMIC ANALYSIS
Job growth has lagged Obama’s and 12 previous Presidents
Trump’s best year adding jobs before Covid-19 was 2018 when 2.3 million more people were working at the end of the year. However, this was less than any of President Obama’s last three years and Trump’s three year total is less than Obama’s last three years. Another indication that Trump has not had the best economy ever.
Job creation under Presidents Obama and Trump

Job creation under Presidents Obama and Trump
U.S. BUREAU OF LABOR STATISTICS AND @DEMDIFFERENCE
And when compared to 12 previous Presidents, Trump is the only one to have lost jobs.
Job growth under 13 Presidents

Job growth under 13 Presidents
U.S. BUREAU OF LABOR STATISTICS AND @CAPACTION
Unemployment rate
The unemployment rate was 7.8% when Obama took office during the teeth of the Great Recession and peaked at 10.0% in October 2009, nine months later. It continued to decline at a steady pace through 2018, Trump’s second year in office, when it flat-lined. Which is not surprising as there will always be some level of unemployment.
Bear in mind that when Trump touts the rebound in jobs and unemployment he wants voters to focus on the decline from the record 14.7% unemployment rate, not the increase from 3.5%. And keep in mind that there were millions of people undercounted in the surveys. The Bureau of Labor Statistics estimates that the unemployment rate actually hit 19.5% in April.
Unemployment rate

Unemployment rate
U.S. BUREAU OF LABOR STATISTICS AND JACK WOIDA
S&P 500
The one metric that has done well under Trump is the stock market. From his election and inauguration dates the S&P 500 has increased by 53% and 47%, respectively. A large part of the gains occurred in 2017 when the Index rose 19% in anticipation of the corporate tax rate being cut from 35% to 21%.
As shown in the chart below Obama had gains of 41% and 85% four years post his election and inauguration, respectively. While Trump benefited from the tax cuts, Obama benefited from the markets decline due to the Great Recession.
S&P 500 weekly price chart

S&P 500 weekly price chart
STOCKCHARTS.COM
A key question is, was it the best policy to cut tax rates in 2018 when the economy was doing well, especially since they disproportionately benefited corporations and high-income individuals. The cuts helped the stock market by increasing companies profits (chart below from FactSet on S&P 500 earnings), but it probably would have been better to have “saved” that money in the anticipation that the economy would at least hit a soft patch. The coronavirus stimulus payments would then not have as much of a negative hit to the Federal deficit.
S&P 500 earnings

S&P 500 earnings
FACTSET, JOHN BUTTERS
Federal deficit
The Federal deficit was trending up under Trump’s Presidency and then exploded with the stimulus payments due to Covid-19 and lower tax revenue due to the downturn in the economy. Going into 2020 the deficit was projected to be above $1 trillion and wound up hitting $3.1 trillion.
Federal deficit pre and post-pandemic

Federal deficit pre and post-pandemic
PETER G PETERSON FOUNDATION
As a percentage of GPD the deficit was the largest since World War II. And the pre-pandemic deficit would have been larger than Obama’s post-Great Recession deficits.
Federal deficit as a percent of GDP

Federal deficit as a percent of GDP
PETER G PETERSON FOUNDATION
libtards don’t understand. i’m not looking for a job. i’m retired, financially independent, and looking for tax breaks with little to no handouts to the druggies, homeless and poor.
 
Last edited:

kiketerm

Alfrescian
Loyal
you don’t understand. i’m not looking for a job. i’m retired, financially independent, and looking for tax breaks with little to no handouts to the druggies, homeless and poor.

You say you do not wish for "tax breaks or handouts to the druggies, homeless, and the poor" and yet the Donald J Trump administration did exactly that, and created a fiscal nightmare. 3+ Trillion dollars spent. Handout fraud, expensive sports cars purchased, people using shortcuts to take advantage of such handouts.

The Fed's Balance Sheet is bursting at the seams and the US$ has collapsed. All to help the "druggies, homeless, and poor" :tongue::tongue::tongue:

Looks like Americans themselves will have to pay for the fallacy of the GOP, once again. History repeats itself, as usual.

6Q4BADCYAJD45ILHGJLZD7LUG4.jpg
 

eatshitndie

Alfrescian (Inf)
Asset
You say you do not wish for "tax breaks or handouts to the druggies, homeless, and the poor" and yet the Donald J Trump administration did exactly that, and created a fiscal nightmare. 3+ Trillion dollars spent. Handout fraud, expensive sports cars purchased, people using shortcuts to take advantage of such handouts.

The Fed's Balance Sheet is bursting at the seams and the US$ has collapsed. All to help the "druggies, homeless, and poor" :tongue::tongue::tongue:

Looks like Americans themselves will have to pay for the fallacy of the GOP, once again. History repeats itself, as usual.

View attachment 96608
that’s a result of ccp wuhan virus. without the crap from ccp, there’s no need for $trillions of stimulus packages. every cuntry impacted by the ccp virus is spending beyond their means and reserves, including “always must have budget surplus” sg. your kind of arguments are vacuous and based on half-truths - very typical of ccp cocksuckers.
 

kiketerm

Alfrescian
Loyal
that’s a result of ccp wuhan virus. without the crap from ccp, there’s no need for $trillions of stimulus packages. every cuntry impacted by the ccp virus is spending beyond their means and reserves, including “always must have budget surplus” sg. your kind of arguments are vacuous and based on half-truths - very typical of ccp cocksuckers.

Errrr the pandemic was just a part of it. What about before? Why so poor performance? How are deficits supposed to grow the stock market? How are 401K plans to thrive when the treasury is in such dire straits?

The Donald J Trump administration is ranked the 44 of 45 administrations in United States history. If you do not wish for more drugs and homeless on the streets, perhaps better leadership might serve the United States than the 2nd worst President in United States history.

https://en.wikipedia.org/wiki/Historical_rankings_of_presidents_of_the_United_States

Historical rankings of presidents of the United States


No.PresidentPolitical partySchl. 1948[1]Schl. 1962[5]M-B 1982CT 1982Siena 1982Siena 1990Siena 1994R-McI 1996[7]Schl. 1996[6]C-SPAN 2000WSJ 2000Siena 2002WSJ 2005[8]C-2009[27]Si. 2010[14][15]USPC 2011[22]APSA 2015[25]C-2017[28]APSA 2018[26]Si. 2018[29]Most frequent quartile
1George WashingtonIndependent020203020404040302 (tie)03010401020403020202011
2John AdamsFederalist09100915101412141116131213171712151914142
3Thomas JeffersonDemocratic-Republican05050405020305040407040504070504050705051
4James MadisonDemocratic-Republican14121417090809101718150917200614131712072
5James MonroeDemocratic-Republican12181516151115131514160816140713161318082
6John Quincy AdamsDemocratic-Republican11131619171617181819201725191920222123182
7Andrew JacksonDemocratic06060707130911080513061310131409091815191
8Martin Van BurenDemocratic15172018212122212130232427312327253427253
9William Henry HarrisonWhig2635283537363935393842394
10John TylerIndependent[30]22252828343334343236343735353737363937374
11James K. PolkDemocratic1008 (tie)1210121314110912101109121216191420122
12Zachary TaylorWhig25242726293433292928313433293333333135303
13Millard FillmoreWhig24262931323235363135353836373835373738384
14Franklin PierceDemocratic272831333536373733 (tie)3937 (tie)3938404039404141404
15James BuchananDemocratic26293334373839403841394140424240434343434
16Abraham LincolnRepublican01010101030202010101020202010302010101031
17Andrew JohnsonNational Union[31]19233230383940393740364237414336414240444
18Ulysses S. GrantRepublican283035323637383833 (tie)33323529232629282221244
19Rutherford B. HayesRepublican13142222222324252326222724333130303229323
20James A. GarfieldRepublican2530263029332827312934283
21Chester A. ArthurRepublican1721 (tie)2324242627282632263026322532323531343
22/24Grover ClevelandDemocratic08111713181719161317122012212021232324232
23Benjamin HarrisonRepublican21202625312930311931273230303434293032353
25William McKinleyRepublican18151811191918171615141914162117211619202
26Theodore RooseveltRepublican07070504050503050604050305040205040404041
27William Howard TaftRepublican16161920202021202224192120242425202422222
28Woodrow WilsonDemocratic04040606060606060706110611090806101111111
29Warren G. HardingRepublican2931363639404141393837 (tie)4039384138424039414
30Calvin CoolidgeRepublican23273029303136333027252923262928272728313
31Herbert HooverRepublican201921212728292433 (tie)34293131343626383636363
32Franklin D. RooseveltDemocratic030302030101010202 (tie)02030103030101030303021
33Harry S. TrumanDemocratic08 (tie)0808070707070805070707050907060606091
34Dwight D. EisenhowerRepublican21 (tie)1109111208091009091008081010070507061
35John F. KennedyDemocratic1314081010151208181415061115140816102
36Lyndon B. JohnsonDemocratic1012141513121410171518111611121010162
37Richard NixonRepublican3435282523323625332632273023342833293
38Gerald FordRepublican2423232732272823282828222824242525273
39Jimmy CarterDemocratic2527332425192722302534253218262626263
40Ronald ReaganRepublican16 *2220262511081606101808110909131
41George H. W. BushRepublican18 *31222420212221182222172017212
42Bill ClintonDemocratic16 *23 *20 *21 *24 *1822151319081513152
43George W. BushRepublican23 *19 *363931353330333
44Barack ObamaDemocratic15 *18 *1208172
45Donald TrumpRepublican44 *42 *4 *
Total in survey2931
 

vamjok

Alfrescian
Loyal
go bedok 85 i prefer to eat the ma chou mee (2 stores side by side to me they taste about the same, heard is one stall steal the formulation from the other after seeing its good biz)
 

Johnrambo

Alfrescian
Loyal
"The Fried Kway Teow was palate-titillating TIGHT - moist, springy flat rice noodles charred to a heady sweet T leapt out at taste buds amidst an emulsive, soy (sauce) sozzled bosom of yellow mee, blood cockles and lup cheong bits."

Written by Claire again?

Wah Claire english jin powderful, imagine her speaking in her sexy voice....
 

sleaguepunter

Alfrescian (Inf)
Asset
Jalan Berseh or Jalan Besar?
I used to go Simon Road just for the crispy orhluak.
I don’t find Simon road coffeeshop orhluak nice. I used to like lim tua tow market Ah Hock orhluak. But after move to balestier market and operated by ah hock’s son I stop patronize the son.
This stall at berseh food center I started eating only $3, now minimum $5. If u like crispy type, maybe it may not suit your palate.
 

zhihau

Super Moderator
SuperMod
Asset
I don’t find Simon road coffeeshop orhluak nice. ...
If u like crispy type, maybe it may not suit your palate.

Simon Rd version is crispy and very oily type.
Will still try the Jln Berseh stall, just to try the consistency of the tapioca starch.
 
Top