WINNING!! Third Quarter GDP at 3.5% – President Trump Continues to Reduce US Debt to GDP –

Discussion in 'Budget & Taxes' started by US Conservative, Oct 26, 2018.

  1. Bluesguy

    Bluesguy Well-Known Member Donor

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    1,000 new manufacturing jobs PER DAY!!!
     
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  2. Bluesguy

    Bluesguy Well-Known Member Donor

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    What is the biggest source of federal tax dollars?
     
    Last edited: Nov 2, 2018
  3. US Conservative

    US Conservative Well-Known Member Past Donor

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    Those are jobs that were "never coming back" according to democrats.

    Reminds me of the whole "peak oil" thing.

    A few years later-the USA is the biggest producer of oil and exporting like its cool.
     
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  4. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    I did not discount anything. The issue raised compared the BO administration to DJT 's so I answered it accordingly.
     
  5. jay runner

    jay runner Banned

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    It might be a good idea to get out of the foreign aid business completely. The state department could be at least cut in half.
     
  6. Zorro

    Zorro Well-Known Member

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    [​IMG]
    RECORD 156,562,000 EMPLOYED
     
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  7. Zorro

    Zorro Well-Known Member

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    That's right!

    Under Trump The Magnificent's first 651 days of his glorious presidency, the growth of the Federal Debt has slowed by
    $40,185,139,295.90
     
    Last edited: Nov 2, 2018
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yeas and failing to note that Republicans took back the House in 2011 and the entire Congress in 2015? It was Republican sequester and austerity that brought down the deficits.
     
  9. struth

    struth Well-Known Member

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    Dems often have a hard time believing the facts right in front of their face....
     
  10. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    Sequester was a harmful way to control a budget and it hurt the military very much. Not something I want to own.
     
    Last edited: Nov 2, 2018
  11. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    If thatbis true that us their problem. Yet honestly some people from both sides are like that. I was b,Essex nktbto be like that. I feel bad fir the Dems and any Republican with such an affliction.
     
    Last edited: Nov 2, 2018
  12. US Conservative

    US Conservative Well-Known Member Past Donor

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  13. Zorro

    Zorro Well-Known Member

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    More folks making it on their own, is another way.

    FY 2016 - 44,219,316 were on food stamps.
    FY 2018 - only 40,644,363 are on food stamps.

    [​IMG]
     
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  14. US Conservative

    US Conservative Well-Known Member Past Donor

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    Awesome, imagine if it was 4 million.
     
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  15. notme

    notme Well-Known Member

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    So is the deficit. All Trump managed to do, is make companies and the rich pay less taxes, and just borrow to compensate the lack of income.
     
    Last edited: Nov 2, 2018
  16. notme

    notme Well-Known Member

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    that has nothing to do with the amount of money Trump has to borrow, now does it?
     
  17. notme

    notme Well-Known Member

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    What does it matter, when Trump still spends far more taxes than he manages to collect.
     
  18. Zorro

    Zorro Well-Known Member

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    Trump's been President for 651 days and over that period he ran up $40,185,139,295.90 less debt than Obama ran up in his final 651 days.

    https://www.treasurydirect.gov/NP/d...tYear=2015&endMonth=11&endDay=02&endYear=2018

    IF THERE WERE A DEMOCRAT IN THE WHITE HOUSE, THE ECONOMY WOULD DOMINATE THE NEWS:

    Economy adds robust 250,000 jobs in October in last employment report before election.

    “The unemployment rate was unchanged at a near 50-year low of 3.7 percent. Annual wage growth topped 3 percent for the first time in nine years.”​

    Is America Running Out Of Workers?

    “It’s fashionable in media circles to laugh at President Trump’s non-stop salesmanship about the performance of the U.S. economy on his watch. But there’s no doubt that workers are benefiting from a historically tight labor market. Companies are eager to hire.”​
     
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  19. Bluesguy

    Bluesguy Well-Known Member Donor

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    And the Democrat alternative was what? The cuts the Democrats were willing to pass were what?
     
    Last edited: Nov 3, 2018
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  20. Bluesguy

    Bluesguy Well-Known Member Donor

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    You were complaining that it was only income taxes hitting records. What the biggest source of federal taxes?
     
  21. US Conservative

    US Conservative Well-Known Member Past Donor

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    No cuts ever.
     
  22. Distraff

    Distraff Well-Known Member

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    If you look at inflation adjusted wages they grew the most from 2014-2016. When Trump was president wage growth actually slowed. This might have nothing to do with Trump specifically and more because of rising inflation and an economic expansion that is at its later stages. Another problem is that most of the growth in economic expansions now go to the rich which keeps middle class wages stagnant when factoring in inflation.
    https://fredblog.stlouisfed.org/2018/02/are-wages-increasing-or-decreasing/

    Its even worse when you realize that many economists think that CPI actually underestimates inflation. Do you find that the cost of housing, healthcare, food, and education are definitely rising by more than 2% per year? Many economists believe that CPI isn't factoring in many of these things properly. Others point out that CPI doesn't take into account advancing technology and improving products. Here is a link discussing this debate.
    https://www.investopedia.com/articles/07/consumerpriceindex.asp
     
  23. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    Maybe to you..........we'll see ya Tuesday!
     
  24. notme

    notme Well-Known Member

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    Obama inherited the massive world wide economic crisis that GWB caused. He needed to borrow money so banks wouldn't fall over which would make it far worse. Trump borrows money so rich people and big companies don't need to pay taxes. After all, they managed the economy so well when GWB just let them do whatever. They deserve it.
     
    Last edited: Nov 3, 2018
  25. notme

    notme Well-Known Member

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    What does it matter, when Trump's tax break FAR outshines the income tax record.
     

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