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NGrossman81's profile
Nicholas Grossman
Nicholas Grossman
Nicholas Grossman
@NGrossman81

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Nicholas Grossman

@NGrossman81

International Relations prof at U. Illinois. Senior Editor @ArcDigi. Author “Drones and Terrorism.” Politics, national security, and occasional nerdery.

amazon.com/Drones-Terrori…
Joined April 2015

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    1. Nicholas Grossman‏ @NGrossman81 Jul 29

      Biggest reason for economic “turnaround” is a bunch of people who were pretending the economy was worse than it was are now pretending it’s better than it is.

      16 replies 222 retweets 715 likes
    2. José Marichal‏ @marichal Jul 29
      Replying to @NGrossman81

      It's crazy frustrating to figure out if there is anything other than "animal spirits" motivating business confidence. Hard to pinpoint which regulation was so crushing to businesses that they held back investment until a "business president" took over.

      1 reply 0 retweets 5 likes
      Nicholas Grossman‏ @NGrossman81 Jul 29
      Replying to @marichal

      I can't think of any particular repealed regulation that unleashed investment. The government passed a major debt-financed stimulus in 2017, which would provide a temp boost. Here's investment since 2009. Dip in 2016, but otherwise, 2017/18 on trend. Indicates no big change.pic.twitter.com/axvZii3JI1

      8:12 PM - 29 Jul 2018 from Urbana, IL
      • 2 Retweets
      • 3 Likes
      • 🎃👻Dr. Nik Ford 👻🎃 Heavy Mettle José Marichal President National Emergy boandsunny
      1 reply 2 retweets 3 likes
        1. New conversation
        2. José Marichal‏ @marichal Jul 29
          Replying to @NGrossman81

          Right.. but the perception, as you noted, is that this great Obama regulatory/tax burden has been lifted.. hence small business confidence thru the roofhttps://www.cnbc.com/2018/02/20/small-business-confidence-hits-record-in-2018-after-tax-reform-win.html …

          2 replies 0 retweets 0 likes
        3. Nicholas Grossman‏ @NGrossman81 Jul 30
          Replying to @marichal

          That doesn't strike me as odd. Business confidence typically rises as the economy expands, and when that measure was taken, the government just passed a big tax cut. The word "regulation" doesn't appear in the article you posted.

          1 reply 0 retweets 0 likes
        4. José Marichal‏ @marichal Jul 30
          Replying to @NGrossman81

          Sure.. that makes sense.. but even before the tax bill small business confidence saw a big uptick right after the election...https://smallbiztrends.com/2016/12/small-business-optimism-in-december-2016.html …

          1 reply 0 retweets 0 likes
        5. Sean Maddox‏ @mountain_maddox Jul 30
          Replying to @marichal @NGrossman81

          Its Bias confirmation; These individuals are just choosing what is "true" or not to them. I saw it with some one I know personally. Went bankrupt under Bush, Blamed Obama, and then recovered under Obama, and now is praising Trump for everything.

          0 replies 0 retweets 0 likes
        6. End of conversation

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