84% Hike in Borrowing, Is the Tax Cut for the Rich Really worth This: Yes indeed, there is a typo. That doesn't alter the factual piece of this. We give the corporations and 1% a great...

jelun

Yes indeed, there is a typo.
That doesn't alter the factual piece of this.
We give the corporations and 1% a great gift, we ruin our trade numbers and this is
what we get.

http://www.chicagotribune.com/news/nationworld/politics/ct-spending-debt-analysis-20180203-story.html

Lonewolf

By the end of the next decade or debt will equal our gdp thanks trump and your party who let you do it.

Carol Kelly

jelun wrote:

Yes indeed, there is a typo.
That doesn't alter the factual piece of this.
We give the corporations and 1% a great gift, we ruin our trade numbers and this is
what we get.

http://www.chicagotribune.com/news/nationworld/politics/ct-spending-debt-analysis-20180203-story.html

Democrats always cry out ‘all tax cuts are for the rich ‘. Why is that? Find something new to chant.

mactheknife

Lonewolf wrote:

By the end of the next decade or debt will equal our gdp thanks trump and your party who let you do it.

Let's see, you seem to have forgotten about the $10 T added by Obama; as much as all other presidents in history. Or did you think that we would forget about it? Not a chance.

jelun

I am not likely to stop talking about unfair tax breaks until right wingers stop robbing the middle class to give to the rich.
What happened to all of those wage increases the American employers were going to shower on the working class?
Why is the average work week falling?
Why is the new jobs number below targets?
Nice attempt at deflection, though, really.

I thought you all and your representatives were concerned about passing debt along to the future generations.

Carol Kelly wrote:

Democrats always cry out ‘all tax cuts are for the rich ‘. Why is that? Find something new to chant.

jelun

I haven't forgotten that the Obama Administration brought us out of the deepest recession since the 1930s or that Obama insisted on accounting for
expenses that the Bush Administration kept off the books. That would include the two wars we waged for the first decade of the millenium. The cost of that was almost
$3 TRILLION.

http://www.nytimes.com/2009/02/20/us/politics/20budget.html

So, you know that wasn't added spending, it was honest accounting.
And just so you understand, the Republicans are in control of appropriations, while
Obama insisted on the sequester.

mactheknife wrote:

Let's see, you seem to have forgotten about the $10 T added by Obama; as much as all other presidents in history. Or did you think that we would forget about it? Not a chance.

vernon

jelun wrote:

I am not likely to stop talking about unfair tax breaks until right winger stop robbing the middle class to give to the rich.
What happened to all of those wage increases the American employers were going to shower on the working class?
Why is the average work week falling?
Why is the new jobs number below targets?
Nice attempt at deflection, though, really.

I thought you all and your representatives were concerned about passing debt along to the future generations.

That first sentence is just plain wrong,and you know it.
wages have been increasing at about 2% which is 1 1/2 timers as when trump was running the show.
the average work week isn't falling when you consider the number of jobs created.
New jobs are not below targets.
You are the one trying to deflect,but as you can see you failed .
We are concerned that's why we have a 300 billion surplus in April.

mactheknife

jelun wrote:

I am not likely to stop talking about unfair tax breaks until right wingers stop robbing the middle class to give to the rich.
What happened to all of those wage increases the American employers were going to shower on the working class?
Why is the average work week falling?
Why is the new jobs number below targets?
Nice attempt at deflection, though, really.

I thought you all and your representatives were concerned about passing debt along to the future generations.

You must be reading the WPO or the NYT.

jelun

vernon wrote:

That first sentence is just plain wrong,and you kn... (show quote)

Well, I try not to respond to you, Vernon, because you bring out the meanness in me. But you state
things that are so easily proven false that I just can't let you think the wrong thing so often.

wage increases over the past year are up .2% not 2%
https://www.bls.gov/opub/ted/2018/real-average-hourly-earnings-up-0-point-2-percent-for-all-private-employees-april-2017-to-april-2018.htm

And then there is job growth.
https://finance.yahoo.com/news/live-march-jobs-report-120516762.html
https://www.bls.gov/news.release/pdf/empsit.pdf

Lonewolf

what Obama did has nothing to do with what Trump is doing. your logic Obama screwed us up so trump can too.

quote=mactheknife]Let's see, you seem to have forgotten about the $10 T added by Obama; as much as all other presidents in history. Or did you think that we would forget about it? Not a chance.[/quote]

woodguru

mactheknife wrote:

Let's see, you seem to have forgotten about the $10 T added by Obama; as much as all other presidents in history. Or did you think that we would forget about it? Not a chance.

Obama inherited a $1.3 Trillion deficit from Bush, not to mention inheriting numerous longer term commitments, use your math skills here.

Obama, unlike Trump, honored commitments whether he agreed with them or not. Obama reduced the deficit by two thirds at one point, that still adds to the deficit.

Since your memory is so good about fiscal deficit matters, remember Clinton left Bush with a budget surplus, meaning that all Bush had to do was maintain that and there would have been nothing added to the debt. But no, he made tax cuts that immediately resulted in a budget deficit rather than keep taxes where they were.

mactheknife

woodguru wrote:

Obama inherited a $1.3 Trillion deficit from Bush,... (show quote)

As I recall Clinton's surplus was on current accounts not on the national debt.

jelun

What did the Republicans do with it?

mactheknife wrote:

As I recall Clinton's surplus was on current accounts not on the national debt.

mactheknife

jelun wrote:

What did the Republicans do with it?

No idea, maybe someone can tell us?

jelun

I would love to hear that Congress appropriated the funds to assist the 9/11 1st Responders.

mactheknife wrote:

No idea, maybe someone can tell us?