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Our red hot economy
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Sep 8, 2018 16:20:38   #
Lonewolf
 
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.

Reply
Sep 8, 2018 16:25:32   #
nwtk2007 Loc: Texas
 
Lonewolf wrote:
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.


Looking pretty good!

http://www.investors.com/politics/editorials/revenues-climb-5-2-in-first-month-of-gop-tax-cuts/

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Sep 8, 2018 16:30:02   #
padremike Loc: Phenix City, Al
 
Lonewolf wrote:
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.


We can credit him with spending as much as all previous presidents before him. Where did it all go and for what?

Reply
 
 
Sep 8, 2018 17:15:19   #
Comment Loc: California
 
Lonewolf wrote:
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.


Sounds good to me. Yesterday, Obama took full responsibility for the status of the economy.

Reply
Sep 8, 2018 17:28:10   #
EL Loc: Massachusetts
 
Comment wrote:
Sounds good to me. Yesterday, Obama took full responsibility for the status of the economy.


Of course he did. He's never told us about all the missing money while he was president, has he?

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Sep 8, 2018 17:45:19   #
nwtk2007 Loc: Texas
 
Of course now, if things go bust all of the sudden, the left will be quick to put it all on Trump.

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Sep 8, 2018 19:32:41   #
Weasel Loc: In the Great State Of Indiana!!
 
Lonewolf wrote:
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.


I am just a smelly Walmart Shopper. My opinion means nothing. Besides, I am to busy weaving baskets to care. I have alot of yard work to do around my trailer.

Reply
 
 
Sep 8, 2018 19:33:41   #
Lonewolf
 
me 2




Weasel wrote:
I am just a smelly Walmart Shopper. My opinion means nothing. Besides, I am to busy weaving baskets to care. I have alot of yard work to do around my trailer.



Reply
Sep 8, 2018 21:41:37   #
Sicilianthing
 
Lonewolf wrote:
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.


>>>>

There is NO Red Hot Economy or Recovery...

That actual Factual Status of our national economic picture is seriously Fragmented.

the FED is feeding everyone total All OUT Bullsh*t !

Reply
Sep 8, 2018 22:35:22   #
Lonewolf
 
I know but the trumpets havent a clue and won't till it's far too late!



Sicilianthing wrote:
>>>>

There is NO Red Hot Economy or Recovery...

That actual Factual Status of our national economic picture is seriously Fragmented.

the FED is feeding everyone total All OUT Bullsh*t !

Reply
Sep 8, 2018 22:50:04   #
Sicilianthing
 
Lonewolf wrote:
I know but the trumpets havent a clue and won't till it's far too late!


>>>>

Yep

Reply
 
 
Sep 9, 2018 10:13:20   #
vettelover Loc: Richmond Va
 
Lonewolf wrote:
Well it's easy to see what you get when the government gives 1.5 trillion tax breaks and makes massive increases in spending!
It will be a sorry day when its time to pay the piper!
But we can always blame Obama.


What's the freaking difference. Trump, Obama and Bush have massively expanded our sovereign debt. Yes, business is very good right now. Yes, I will agree, Trump and the current Fed chief is continuing monetize BUT so did Obama.
Deficit spending is deficit spending no matter how you create it!

Concerning Trump's tax cuts, they are certainly helping me and my shareholders. We are using OUR money to expand into another city and we are funding it with profits. The financial world and the CBO does not agree with your progressive opinion.

The CBO is reporting a 9% increase in tax revenues. This gain "largely reflects increases in wages and salaries.". That would be what is known as Phillips Curve which actually went down during the Obama years. Now doubt the Wall Street subprime s**m fcked us all for the most part. All that dates back to the overturning of Glass-Steagall. Obama had a s**t economy to start with. One of the worst since our grandparents and great grandparents.

The problem today is the Keynesian burner has been left on high throughout Obama's 8 years and Trump's first 2. The economy is addicted to the financial pumping like crack. I strongly believe as many others all this borrowing to pay back already borrowed money with interest will prove in the end as nothing more than a Pyrrhic victory.

Reply
Sep 9, 2018 11:53:22   #
nwtk2007 Loc: Texas
 
vettelover wrote:
What's the freaking difference. Trump, Obama and Bush have massively expanded our sovereign debt. Yes, business is very good right now. Yes, I will agree, Trump and the current Fed chief is continuing monetize BUT so did Obama.
Deficit spending is deficit spending no matter how you create it!

Concerning Trump's tax cuts, they are certainly helping me and my shareholders. We are using OUR money to expand into another city and we are funding it with profits. The financial world and the CBO does not agree with your progressive opinion.

The CBO is reporting a 9% increase in tax revenues. This gain "largely reflects increases in wages and salaries.". That would be what is known as Phillips Curve which actually went down during the Obama years. Now doubt the Wall Street subprime s**m fcked us all for the most part. All that dates back to the overturning of Glass-Steagall. Obama had a s**t economy to start with. One of the worst since our grandparents and great grandparents.

The problem today is the Keynesian burner has been left on high throughout Obama's 8 years and Trump's first 2. The economy is addicted to the financial pumping like crack. I strongly believe as many others all this borrowing to pay back already borrowed money with interest will prove in the end as nothing more than a Pyrrhic victory.
What's the freaking difference. Trump, Obama and ... (show quote)


That is a good explanation and one which the never Trumps AND Obamites need to listen to.

Reply
Sep 9, 2018 13:04:25   #
Sicilianthing
 
vettelover wrote:
What's the freaking difference. Trump, Obama and Bush have massively expanded our sovereign debt. Yes, business is very good right now. Yes, I will agree, Trump and the current Fed chief is continuing monetize BUT so did Obama.
Deficit spending is deficit spending no matter how you create it!

Concerning Trump's tax cuts, they are certainly helping me and my shareholders. We are using OUR money to expand into another city and we are funding it with profits. The financial world and the CBO does not agree with your progressive opinion.

The CBO is reporting a 9% increase in tax revenues. This gain "largely reflects increases in wages and salaries.". That would be what is known as Phillips Curve which actually went down during the Obama years. Now doubt the Wall Street subprime s**m fcked us all for the most part. All that dates back to the overturning of Glass-Steagall. Obama had a s**t economy to start with. One of the worst since our grandparents and great grandparents.

The problem today is the Keynesian burner has been left on high throughout Obama's 8 years and Trump's first 2. The economy is addicted to the financial pumping like crack. I strongly believe as many others all this borrowing to pay back already borrowed money with interest will prove in the end as nothing more than a Pyrrhic victory.
What's the freaking difference. Trump, Obama and ... (show quote)


>>>>

I have posted for years about the ongoing wreckage, your enhanced status is but a flicker in a fragmented economy that will never recover.

Stores keep closing and it will accelerate into 2019
More layoffs are coming
Shadow inventory is ballooning
Bankruptcies are Skyrocketing and they will accelerate as the DEBT Bomb crushes anything Trump, Obama, Bush or his Scumbag Daddy did...

it’s all cooked and the sick Chickens are coming home to roost.

The Toxic Debt has no where to go to get absorbed...

Trump is in a Monetary Trap set long ago and he controls nothing, Mnuchin is a RAT for the g*******ts, just like Jerome Powell.... these guys may have been forced on Trump not sure yet... need time.

The Bankster families will use these clowns to crush Trump at the right time.

The Bankster families own,control, manipulate, prop up and skim off the Wall Street Casino, ETF’s, Treasury, ESF, BIS, IMF, IRS, and they control the Plunge Protection Teams...

Until Trump Audit’s and Abolishes the FED, IRS and the other Criminal organizations above, nationalizes the big banks he controls nothing...

he’s just another puppet for 4 or 8 years and then it flips over again...

The Usual Suspects stay in power again and again and again...

You just missed a couple months ago where the Rothschilds passed the reigns to the 7th dynasty to Alexander De Rothschilds (a real piece of human trash, a real piece of work) in perfect timing for Trump’s tenure...

They have begun the 100year reshuffle, you just can’t see it yet.

You guys have no idea who or what you’re really dealing with.

You’ve been raised and programmed into believing what you believe things to be today and it’s all a big FAT F**king Illusion of Lies built on a Usruy Debt System for S***es and worse...

Central Banking must END !



Reply
Sep 9, 2018 13:19:56   #
woodguru
 
Comment wrote:
Sounds good to me. Yesterday, Obama took full responsibility for the status of the economy.


He did not take full responsibility, he pointed out that solid real changes took place and were strongly in place when Trump took office, that is the t***h and the facts.

It was one of the absurd rhetorical positions that the right somehow saw the economy and what Obama had done as almost destroying the country...
...real estate prices were very strong
...real estate was selling in a matter of weeks often for more than asking price
...new stock market records were being consistently posted
...unemployment was down to 5% from the 11% it was at when Bush left

To hear Trump and his followers talk you'd think Trump turned the tide on a disastrous economy, at six months he was all about "look what I've done" when he had done nothing that wasn't already happening.

I guess Obama should have weekly made sure the press knew he had turned the economy from losing jobs to putting jobs on, and all of the other things that showed month in and month out growth and change from where it was at.

One thing Trump has done, I'll give him this that he's been good at, he took a $500 Billion deficit, did a tax cut, and is already at the Trillion dollar point and growing. He is truly gifted at bankruptcy strategies, and he's trying to run the country like he's run his business, c***t on taxes and go bankrupt.

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