debeda

debeda

AGREED

debeda

debeda

Lolololololololhahahahahaha interesting you people are now interested in fraudulent foundations lol.

debeda

Well, the way the leftist press is losing readership/viewership daily, I think only the ignorant are staying with them.

debeda

Oh, I didn't know! Got a couple mil to spare buddy?

debeda

Boy that cuts to the heart of it Maureen!

CDM Loc: Florida

It is a fools errand to believe that a president, any president controls the temperature of an economy if you will. It is just as foolish to believe that the president cannot or does not directly influence the pace of an economy. They do, with a mechanism called 'policy'.

The U.S. Economy primarily because of it's (still) capitalist roots has a natural tendency to want to grow – even a little. You point out that 'deregulation' will cause it to spike. You don't point out that over-regulation will also cause a spike. Spikes go both ways on charts.

Obviously, you want to make a case for Obama's positive influence on our economic successes today. In my humble opinion, the charts you show here are rather pedestrian and fall woefully short of that objective.

I suggest you take the hours it will take to pull the data from the Department of Labor Stats – actual numbers mind you – with a focus on sectors, job type and job longevity. The real story resides there.

Just an observation.

CDM Loc: Florida

Yes indeed. This goes right to the fact that the economy moves in days, weeks and months for the average working American. They could give a crap about trends or GDP or any other marker. And 5 or 10-year charts (most of which prove economists don't know what they are talking about) may as well be written on toilet paper for the average Joe. And this is where Obama failed miserably to capitalize on an opportunity; The fact is he did preside over the slowest economic recovery in history. His ideological mania, his propensity for surrounding himself with losers and his disregard for the common man prevented him from doing otherwise.

Trump is the diametric opposite. He recognizes that people need to work now - at REAL jobs - not flipping burgers 20 hours a week - that people need to pay bills now; that people live day-to-day and every day is important; that a day without income is a day closer to catastrophe. All Trump has really done, as you say, is to remove the monumental barriers that Obama placed in the path of productivity and more importantly in my mind is to say to the nation the WE CAN; killing the Obama narrative that the dismal state of affairs he presided over is the 'new normal' and we should 'get used to it'. Democrats will never understand any of this but who cares just so we continue to crush them.

There is broad agreement that Trump is certainly not the most elegant solution. But then again maybe we need a little old fashion American Cowboy from time to time.

debeda

Well said and AGREED

permafrost Loc: Minnesota

don`t be confused by the April report. that month is inflated because of corps taking advantage on one time only tax gifts.. so they paid now (April) rather then later..

You will have a life time, and so will all your descendants to pay for the gift to the rich and himself..


https://www.wsj.com/articles/u-s-budget-deficit-narrowed-to-74-86-billion-in-june-1531418402

By Ben Leubsdorf and Richard Rubin
Updated July 12, 2018 4:27 p.m. ET
WASHINGTON—Corporations taking advantage of new, lower tax rates reduced their payments to the federal government last month.

The Treasury Department on Thursday said government receipts fell 7% in June compared with the same month a year earlier, including a 33% drop in gross corporate taxes. Individual withheld and payroll taxes were down 5% from June 2017, while non-withheld individual taxes rose by 7%.

Even though revenues fell, the budget deficit narrowed to $74.86 billion in June, compared with $90.23 billion in June 2017, due to a 9% drop in government outlays. The spending decline largely reflected some accounting shifts and not actual spending changes. For instance, the Education Department revised estimates for the net costs of past loans and loan guarantees, according to a Congressional Budget Office analysis.

More broadly, the federal deficit is swelling as government spending outpaces revenues. The budget gap totaled $607.1 billion in the first nine months of the 2018 fiscal year, 16% larger than the same point a year earlier. So far in the current fiscal year, which will end Sept. 30, total spending rose 4% compared with the same period a year earlier and total revenues rose 1%.

Many individuals and corporations both had estimated-tax payments due in June, making the month an important indicator of the revenue effects of the new tax law. The legislation, which reduced individual and corporate tax rates, was enacted in December and mostly took effect Jan. 1.

Corporations, which received a tax rate cut to 21% from 35%, captured many of the benefits quickly.

“One thing that’s pretty clear is 35 to 21,” said Gordon Gray, director of fiscal policy at the conservative-leaning American Action Forum. “And that’s going to be the big lever in corporate tax payments, so we’re seeing those come down.”

permafrost Loc: Minnesota

Name one of those obstacles President Obama put in place..

donald41 Loc: puyallup Wa

Honest? You are making a joke, Right

permafrost Loc: Minnesota

I keep wondering, what are these Socialist ideas that I love??? Name a few..

And why do you think I want Our country to be like the USSR, China, Venezuela, Cuba or any country other then the United States?

what is it you think Socialism is about?

Do you watch a lot of Alex Jones??

Super Dave Loc: Realville, USA

You people are so desperate trying to deny reality.

You tried giving Obama credit for the economic boom. Since that failed plan B is to deny the existence of the economic boom.

It's funny that the same people that were crying about the tarrifs charged on foreign made goods was being passed on to the American consumer pretend to be stupid enough to think that the corprate taxes on American made goods is not.

The longer you pretend that Trump is not making things better, the dumber you look.