WTH??!! Russia backing BOTH Trunp and Bernie?

[Raoul_Luke]

Doesn't necessarily have to be a government intervention, but the government can provide a catalyst to break the trend.

That is Keynesian thinking - which has been thoroughly discredited over the past two decades.

 

[Raoul_Luke]

The GDP is the economy. What you want to qualify as "REAL" economy is just cherry-picking data.

The government does not produce wealth, but rather redistributes it (between people and/or time periods). What I refer to as the "real" economy is the part that produces all of the wealth that pays for the part that doesn't.

 

[ObamacareForever]

The government does not produce wealth, but rather redistributes it (between people and/or time periods). What I refer to as the "real" economy is the part that produces all of the wealth that pays for the part that doesn't.

Yea... the government actually produces wealth... It's just not privately owned. The security the government provides creates wealth.

 

[EatTheRich]

So inheriting a "downward trend" in the economy and having it not continue downward is an achievement? Do you think once an economy turns down it will continue on that trend until the government does something to arrest it? That is absurd - look back at every single downturn save the Great Depression, when another big government liberal took advantage of economic uncertainty to "fundamentally transform" America. The economy ALWAYS recovers and does so quicker after a sharp recession. THAT didn't happen under Obama - it took most of his administration to simply recover prior levels - and it didn't happen for a reason - he was a socialist.

No ... the sharper the recession, the longer it takes to recover. And since WWI, the crashes have been deeper and more frequent while the recoveries have been less frequent and more superficial.