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Some t***hs about the Trump economy.
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Jul 13, 2019 13:25:02   #
Larry the Legend Loc: Not hiding in Milton
 
JFlorio wrote:
the faux outrage all the time gets old.

Doesn't it?

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Jul 13, 2019 13:25:50   #
JFlorio Loc: Seminole Florida
 
TrueAmerican wrote:
Well let's see if he, president Trump continues at 1 trillion per yr that'll be 8 trillion in 8 yrs --- obammie doubled the national debt in 8 yrs by adding 10 trillion with weak growth and poor job increases and absolutely no wage increases. And president Trump has almost six more yrs to work on reducing the national debt. Care to guess which president I would support? TRUMP?PENCE 2020 KEEP MAKING AMERICA GREAT !!!!!!


Economic expansion could really decrease the debt if the pussies in congress could get their spending under control. We are also bringing in billions in tariffs. That's a whole different debate. Seems I heard from the Trump side that short term deficits would go up and eventually go down do to increased GDP. Question for the brilliant liberals; is government revenue up or down under Trump?

https://www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/

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Jul 13, 2019 21:20:42   #
teabag09
 
JFlorio wrote:
Economist Magazine said if Trump wins e******n(2016) the markets will tank. Krugman, a so called economist said Trumps policy’s would tank the economy.

The t***h:
1). Unemployment at a 50 year low.
2). Wages up, first time in over a decade
3). Wages up over 3%
4). Low income and minorities benefiting the most. (Wall Street Journal)
5). Economy growing at better than 3%
6). People without high school diplomas actually greatest percentage finding a job

*We now have less taxes, more employment, less regulation, and more energy. These are the facts. Spin it however you want but facts are facts.
Economist Magazine said if Trump wins e******n(201... (show quote)


Paul Krugman and Joe Biden haven't been right about ANYTHING in my lifetime. I was born July 5,1950. Mike

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Jul 13, 2019 21:23:34   #
teabag09
 
at41 wrote:
However, the National Debt has increased by over $2Trillion in two years, Budget Deficits are at record highs and the Balance of trade with foreign countries is also at record highs. If the deficits continue we will be paying more in interest on the National Debt than we presently pay for defense.


It costs money to undo the ten or eleven Trillion dollar fiasco left by the previous administration. Mike

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Jul 13, 2019 21:27:43   #
Larry the Legend Loc: Not hiding in Milton
 
teabag09 wrote:
fiasco

You mean outright disaster.

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Jul 13, 2019 21:38:04   #
teabag09
 
Radiance3 wrote:
============
Here is one of the solutions to our national debts.
The greatest balance of trade deficit is with China. China dumps it cheap products to the US market, with less quality built by child labor.
We have to impose tariff of 25% to control US trade deficits with China.
Here are the effects that could happen.
*The 25% tariff paid to Chinese imports will be collected by the US Treasury. That will be in billions of dollars.
*US consumers will have to pay the 25% higher price of Chinese imports.
*China exports to the US will then reduce.
*US factories in China come home, return to the US, due to reduction of sales if they continue producing in China. Not sustainable.
*US will gain more factories and employment. While in the US, the companies pay its taxes to the US instead of China. Employees hired also pays taxes.
*US consumers though paying higher price but of better quality products made locally by our own companies.
*I think intellectual property thievery by China could be minimized.
* We will have more revenue collected in addition to the tariff. We could balance our budget.
*When the budget is balanced, there is no need to barrow, thus maintaining same level of our national debts.
============ br I b Here is one of the solutions... (show quote)


Radiance, I worked for Norfolk Western, now Norfolk Southern railroad in the 70's. We have a huge container and coal facility here as well as a huge coal facility in Newport News across the James River. I have a tendency to pay attention to the rail traffic going east and west. East are exports, west are imports.

During the Obama terms the coal trains headed east almost completely dried up and the container trains were short, maybe 20 to 30 cars. Today the coal trains are running 5 or 6 times a day as are the container trains, mostly heading east and with easily 200 plus cars per. Those headed west are about the same numbers the only difference, the ones headed east are loaded and those headed west are mostly empties. The true numbers of the economy haven't had time to be truly calculated but they will. Mike

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Jul 13, 2019 21:39:18   #
teabag09
 
Larry the Legend wrote:
You mean outright disaster.


Yep, trying to be lenient. Mike

Reply
 
 
Jul 14, 2019 01:03:46   #
debeda
 
Radiance3 wrote:
============
Here is one of the solutions to our national debts.
The greatest balance of trade deficit is with China. China dumps it cheap products to the US market, with less quality built by child labor.
We have to impose tariff of 25% to control US trade deficits with China.
Here are the effects that could happen.
*The 25% tariff paid to Chinese imports will be collected by the US Treasury. That will be in billions of dollars.
*US consumers will have to pay the 25% higher price of Chinese imports.
*China exports to the US will then reduce.
*US factories in China come home, return to the US, due to reduction of sales if they continue producing in China. Not sustainable.
*US will gain more factories and employment. While in the US, the companies pay its taxes to the US instead of China. Employees hired also pays taxes.
*US consumers though paying higher price but of better quality products made locally by our own companies.
*I think intellectual property thievery by China could be minimized.
* We will have more revenue collected in addition to the tariff. We could balance our budget.
*When the budget is balanced, there is no need to barrow, thus maintaining same level of our national debts.
============ br I b Here is one of the solutions... (show quote)


Well said, Radiance

Reply
Jul 14, 2019 01:05:38   #
debeda
 
Seth wrote:
I would think getting people back to work would be a priority, since while the deficit is the government's doing, the average American needs to have a job and a decent income, and President Trump has made that a priority, achieving a spectacular degree of success. The more private sector job openings are created and filled, the less social services and food stamps the taxpayer is subsidizing while that many more people are paying taxes into the Treasury.

I hardly think the president is done yet. So far he hasn't disappointed, as he eventually gets around to working at fulfilling every promise he made during his campaign.

He also knows that if he shows all his cards too early, the Democrats will do wh**ever they can to sabotage him. It's almost like a chess game, and President Trump's proven to be a hell of a better chess player than all the Democrats in Congress and the mainstream media combined.

But seriously, put yourself in the place of someone with a family to support and a mortgage who's been unemployed for a really long time and is h*****g on by a thread, credit stretched to the max, savings gone, only a few steps away from heading up a homeless family. The kind of horror and despair that has to go with that.

What would be your priority, seeing the deficit decreased or finding a job?

Yeah, I know. The Democratic Party doesn't care, they have more important things to worry about, like getting rid of President Trump and reimplementing the now defunct executive orders that put you out of work to begin with.

Trump said he would address the deficit, and he still has 5 1/2 years in which to do it.

Sometimes instant gratification has to be preempted for reasons of humanity. The GOP and Trump genuinely pursue the humane, the Democratic Party only pretends to give a πŸ€'s derriere when they need to display their false virtue in order to honey-coat one or another of their dishonest and generally sinister "fundamental t***sformations" of America.

President Trump's performance has thus far exceeded, profoundly, any of his predecessors in my (over 6 decades) lifetime and I have nothing but faith in his ability to continue to keep America great . πŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ˜.
I would think getting people back to work would be... (show quote)


AGREED, Seth

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Jul 14, 2019 01:06:22   #
debeda
 
PeterS wrote:
These are the facts? let's see your link(s) to see if these are actually the facts. I ask because we would have been at full employment no matter who won the e******n or are you forgetting that under Trump we have only knocked one percentage point off of unemployment. As for growth, we are pumping in a trillion a year in new debt (5%) of GDP and you are boasting that we have a 3% growth rate for one quarter? Are you kidding??

As for more energy--we had more energy under Obama and George Bush too. Our oil output has been going up ever since we started fracking. You aren't citing a new statistic

You've taken a bunch of bulls**t talking points and then claimed success--after only 2 years--all without showing that Trump's policies are the reason for the result...or whether the result is worth the price in new debt that will never be repaid. Nice job!!!

Oh, and one thing you left off your list of miracles is that this is the longest expansion in the history of our country. Did Trump's policies accomplish that? Not a chance in the world.
These are the facts? let's see your link(s) to see... (show quote)



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Jul 14, 2019 01:07:14   #
debeda
 
TrueAmerican wrote:
Well let's see if he, president Trump continues at 1 trillion per yr that'll be 8 trillion in 8 yrs --- obammie doubled the national debt in 8 yrs by adding 10 trillion with weak growth and poor job increases and absolutely no wage increases. And president Trump has almost six more yrs to work on reducing the national debt. Care to guess which president I would support? TRUMP?PENCE 2020 KEEP MAKING AMERICA GREAT !!!!!!



Reply
 
 
Jul 14, 2019 01:09:38   #
debeda
 
JFlorio wrote:
We have had all time record breaking deficits for a long time. Obama doubled the deficit. Remember? It will all go wrong since there is no willpower in Washington to make the hard choices.


That's because business people are fiscally responsible and know where to cut. Cuz if they dont they won't have a business. Politicians just spend as much as they want, cuz they can - and do - raise taxes

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Jul 14, 2019 01:12:56   #
debeda
 
JFlorio wrote:
Economic expansion could really decrease the debt if the pussies in congress could get their spending under control. We are also bringing in billions in tariffs. That's a whole different debate. Seems I heard from the Trump side that short term deficits would go up and eventually go down do to increased GDP. Question for the brilliant liberals; is government revenue up or down under Trump?

https://www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits/


AND if we could stop supporting all the i*****l i*******ts, that's a couple of billion a year. Has anyone read that BenCarson is working on bouncing i******s out of subsidized housing? The dems are fighting him - quietly - tooth and nail. Cuz no one is supposed to KNOW i******s get benefits.....

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Jul 14, 2019 01:13:32   #
debeda
 
teabag09 wrote:
Paul Krugman and Joe Biden haven't been right about ANYTHING in my lifetime. I was born July 5,1950. Mike


Happy belated birthday, MikeπŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸŽ‚πŸ»

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Jul 14, 2019 01:15:40   #
debeda
 
teabag09 wrote:
Radiance, I worked for Norfolk Western, now Norfolk Southern railroad in the 70's. We have a huge container and coal facility here as well as a huge coal facility in Newport News across the James River. I have a tendency to pay attention to the rail traffic going east and west. East are exports, west are imports.

During the Obama terms the coal trains headed east almost completely dried up and the container trains were short, maybe 20 to 30 cars. Today the coal trains are running 5 or 6 times a day as are the container trains, mostly heading east and with easily 200 plus cars per. Those headed west are about the same numbers the only difference, the ones headed east are loaded and those headed west are mostly empties. The true numbers of the economy haven't had time to be truly calculated but they will. Mike
Radiance, I worked for Norfolk Western, now Norfol... (show quote)



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