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Remember when trump businesses were going bankrupt? Could be happening again
Jul 13, 2019 10:17:32   #
factnotfiction
 
So the treasury secretary is worried about the government running out of money too soon, and needs congress to raise the debt limit.

And the usual bickering and arguments will ensure the media reporting the "looming crisis".

And since the government hasn't been able to borrow money since March, and since trump and his rightwingnut supporters keep talking a "booming economy", and the billions and billions of dollars the treasury is getting from tariffs, then how can the government be getting less money than needed?

Certainly not because trump keeps demanding more and more for his "projects, right?

And certainly not because of the reduced revenue from his 2017 tax cuts, that would be offset by his booming economy, right?

So like a trump business, is default on the horizon for America?




http://www.cnn.com/2019/07/12/politics/mnuchin-congress-letter-debt-crisis/index.html

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Jul 13, 2019 10:26:19   #
Liberty Tree
 
factnotfiction wrote:
So the treasury secretary is worried about the government running out of money too soon, and needs congress to raise the debt limit.

And the usual bickering and arguments will ensure the media reporting the "looming crisis".

And since the government hasn't been able to borrow money since March, and since trump and his rightwingnut supporters keep talking a "booming economy", and the billions and billions of dollars the treasury is getting from tariffs, then how can the government be getting less money than needed?

Certainly not because trump keeps demanding more and more for his "projects, right?

And certainly not because of the reduced revenue from his 2017 tax cuts, that would be offset by his booming economy, right?

So like a trump business, is default on the horizon for America?




http://www.cnn.com/2019/07/12/politics/mnuchin-congress-letter-debt-crisis/index.html
So the treasury secretary is worried about the gov... (show quote)


Was the debt ceiling raised under Obama? How many times?

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Jul 13, 2019 10:32:31   #
factnotfiction
 
Five times in 8 years under Obama, already 3 times in 21/2 years under trump

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Jul 13, 2019 16:39:45   #
lpnmajor Loc: Arkansas
 
factnotfiction wrote:
So the treasury secretary is worried about the government running out of money too soon, and needs congress to raise the debt limit.

And the usual bickering and arguments will ensure the media reporting the "looming crisis".

And since the government hasn't been able to borrow money since March, and since trump and his rightwingnut supporters keep talking a "booming economy", and the billions and billions of dollars the treasury is getting from tariffs, then how can the government be getting less money than needed?

Certainly not because trump keeps demanding more and more for his "projects, right?

And certainly not because of the reduced revenue from his 2017 tax cuts, that would be offset by his booming economy, right?

So like a trump business, is default on the horizon for America?




http://www.cnn.com/2019/07/12/politics/mnuchin-congress-letter-debt-crisis/index.html
So the treasury secretary is worried about the gov... (show quote)


Trump wants credit for an economy he has had little influence on................so he gets credit for the largest budget deficit in American history.

How much of the money stashed in foreign banks by US businesses has been repatriated ( remember, Trump promised leniency if they brought that money home ), and how much tax was paid on it?

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Jul 15, 2019 02:27:21   #
Sue Aills
 
The Treasury Secretary requesting more money is ludicrous. The congressional waste should be nipped in the bud. All contracts that are not depleted before the next budget is allocated should be cut, except for wages. The IRS should have to account for every dollar that is sent out of the country as refunds and their budget cut for all i*****l a***ns that Obama approved to receive refunds. All Social Security Numbers should be conformed as legal #’s and to whom. All deceased SS#’s should be f**gged expired. All special interest projects rescinded. All tax exempt organizations should be re-evaluated and and that show $1.00 profit eliminated. No grants to colleges or labs for foolish studies like where a bee stings your body, the different level of pain. Or if an elephant trumpets twice or three times he degree of anger. Stop all funds for sanctuary cities, states, counties, or towns. Get the federal government out of the educational system. All welfare recipients have two months to find a job. Perverted adults that pray on children are removed from the neighborhoods and relocated to the salt flats, the dessert or the Alaska ice fields chained together in groups of ten to twenty feet and hands. Food dropped once a week, survivalist foods, nothing to look forward to. Water 5 canteens per group once a week. Surprise visits by enforcement officers and fly overs. No contact with anyone. Death squad if attempted escape. You got it I’m sick and tired of the waste. Illegal invaders instant turn around, with instructions to apply at the embassy in their home country. Deportation of all inside the country now. All Aiding and Abetting - Congress Members, Law firms, community action groups, church groups or individuals that harbor i*****l a***ns arrested and join the p*******es.

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Jul 19, 2019 12:35:24   #
Floyd Brown Loc: Milwaukee WI
 
lpnmajor wrote:
Trump wants credit for an economy he has had little influence on................so he gets credit for the largest budget deficit in American history.

How much of the money stashed in foreign banks by US businesses has been repatriated ( remember, Trump promised leniency if they brought that money home ), and how much tax was paid on it?


This rant is not meant for you personally.
For the most part I feel your head is screwed on right.

Do what I have done.
Social Security is my main source of income.
Because my other income is small most SS money don't count for income.
I have cut my spending to the bone.
I needed a newer car.
Rather than buy a new car I bought a 10 year old one with 31,00 miles.

From a man I have known over 40 years
My nest egg is still intact.

Keep the tax laws favoring big money & watch more people cutting their spending to the bone to get by.

The government may not seek more from those that have more but the market place will.

The market place has to cut the prices to move the goods for the average person.
While raising the prices on goods for the rich to make a profit
That is what many are seeing now.

As long as we have a supply side economy.
It will be like a cancer to our economy.

A few getting the most don't make a sound economy for most.
There has been a revolution in removing old white males who have been in charge.

Adjust or watch the game from the side lines.

It is where the money is that has to keep things running.
It is the Old Show Me The Money Game.
Let me have some money & I will play the game with you.

Trump is the last one standing for rich old white males.
No longer will most of the rest of the people support what he wants to see.

AMERICA BUILT ITS GREATNESS ON THE MINDS & BODIES OF AVRAGE AMERICANS.
WITH THE FEW KEEPING THE GAINS.

There is going to be a new game with a fair way of sharing the wealth.

All of those old white males will just fade away.
To spend more time with family.

There is much good about being an average person.
If you think that changes will be bad for you it, could be because what you stand for may be bad.


All in all there is much of the world around me that is not Trumps world.

Yes there is at leaset one (One Old White Male) that can get by with what ever changes.

I know that I am not alone.

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