Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
|
Post by ruppsrunt on Dec 6, 2019 14:33:30 GMT -5
tagteam ignoring the TRUMP economy. blind to the growth, and increased take home pay for the masses. USA is energy independent. USA is sellng oil--selling natural gas. ENERGY industry is leading the world. No longer dependent on middle east oil. More USA citizens WORKING than anytime in history. ALL, in spite of the dumbdems and rhinos putting impediments in the way for 3 years. GO TRUMP. rr
|
|
Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
|
Post by houstoncat on Dec 6, 2019 14:49:19 GMT -5
You are wrong on this JD Obama accumulated more national debt then everyone before him. However push added to it too in a smaller but similar fashion No matter what you think Trump took the economy to the next level of growth, Obama was on record as saying the rate of growth experienced during his terms was the new norm. He even went so far as to say how was trump going to increase the economy it believe it was by waving the magic wand. It is true the economy did grudgingly start moving but no real growth. Frankly though its BS to think that Trump mortgaged the country for he and his cronies with tax cuts, results of tax cuts and deregulation are obvious, record low unemployment overall and for blacks, Hispanics, and women, wages are slowly (probably to slow) growing but growing for the first time in a decade. Your 401K and mine and everyone's have grown significantly under the Trump economy. you really can't argue the economy. All of this despite congressional failures (all parties) in addressing the ACA issues, congressional failure to address a broken immigration system. He's moved us out of a questionable climate agreement, required NATO to step up, brought significant pressure on Iran after appeasement by Obama. It worked out but I think he screwed the pooch on the Kurd issue, gets nothing IMO from North Korea, China is still out for discussion but it is affecting China's economy but I'm sure is hurting our farmers jury is out on it. He redid trade agreements with Japan and Mexico/Canada though Pealousy thinks it more important to have endless impeachment hearings then to push a positive trade agreement through that will aid our economy. You say your lines beautifully. The bill is going to come due for trump's tax cut for himself. You and I won't bear the burden but future generations will. But never fear, katman says trump has a solution. He's just now willing to use it until 2021. Just to set the record straight on debt here are the official numbers on debt from Reagan to Trump Reagan Began 1 Trillion, to Bush 2.9 Trillion in 1989, +290% Bush Sr. 4.4 Trillion to Clinton +51.7% Clinton to Bush Jr. 5.6 Trillion +2.3% Bush Jr. to Obama 11.5 Trillion - +105% Obama to Trump 19.9 trillion - +73% Current is now 22 Trillion I think which when adjusted for four years would be 22.9 Trillion or about +15% for 4 years converting to about 31% is 8 years Pure overall % increase Regan was by far the largest and Bush Jr. second, the Clinton/Gingrich was by far the best control. Trump if the numbers hold will be the second best over four years and asusmimg 8 years with similar growth the second best overall though not good IMO. The burden you mention was decided before Trump and while it appears to have improved somewhat in overall growth since Trump if not actual reduction it is still unsustainable. The tax cut appears to have created enough addition revenue in overall taxpayer participation to buffer that debt growth so believe what you will the numbers as provided by the CBO do not lie. I totally agree its a major issue that only one administration and two congresses seem to have mostly addressed. No one now wants to touch it too many entitlements, and it will get worse given the SS fund is gone in 10 years or so and medicare and medicaid seems to be on a fatal path too. This is not a Trump issue its not as simple as that its a whole way of thinking in congress and to a large extent the attitude of entitlement in the electorate. Now nationl debt increased
|
|
Became a Dynasty Defender: Apr 16, 2003 15:11:35 GMT -5
|
Post by JD on Dec 6, 2019 15:12:49 GMT -5
tagteam ignoring the TRUMP economy. blind to the growth, and increased take home pay for the masses. USA is energy independent. USA is sellng oil--selling natural gas. ENERGY industry is leading the world. No longer dependent on middle east oil. More USA citizens WORKING than anytime in history. ALL, in spite of the dumbdems and rhinos putting impediments in the way for 3 years. GO TRUMP. rr Less coal mines operating in Ky than the day trump was inaugurated. Of course the economy looks good. It's on borrowed money. It will look good until the bills are due. But katman says trump knows how to fix it. He's just not going to fix it now. Waiting till 2021 for some reason.
|
|
Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
|
Post by ruppsrunt on Dec 6, 2019 16:21:11 GMT -5
dumdem house of reps REFUSE to do anything for the country.
no wall no USMCA trade accord no end to sanctuary cities no end to freebies for illegals no support for fewer regulations
rr
|
|
Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
|
Post by ruppsrunt on Dec 6, 2019 16:23:27 GMT -5
obama KILLED the coal industry in the USA, forced china to buy from others, forced domestic energy plants to retrofit to natural gas.
obama tried to kill fracking--TRUMP killed the outrageous regulations, so oil and gas now flourish
rr
|
|
Became a Dynasty Defender: Apr 16, 2003 15:11:35 GMT -5
|
Post by JD on Dec 6, 2019 16:24:45 GMT -5
dumdem house of reps REFUSE to do anything for the country. no wall no USMCA trade accord no end to sanctuary cities no end to freebies for illegals no support for fewer regulations rr They were GOP majority the first 2 years of Trump's presidency. He had a stacked house, senate and supreme court and couldn't do anything?
|
|
Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
|
Post by ruppsrunt on Dec 6, 2019 16:46:06 GMT -5
dumdem house of reps REFUSE to do anything for the country. no wall no USMCA trade accord no end to sanctuary cities no end to freebies for illegals no support for fewer regulations rr They were GOP majority the first 2 years of Trump's presidency. He had a stacked house, senate and supreme court and couldn't do anything? USMCA initiate to overthrow job killing nafta--deal was agreed to after dems took house-- coal killing regulations killed coal--once power plants moved to natural gas, the return to coal was not gonna happen. TRUMP relieved arduous regulation, but global coal plants(mainly china) had already moved to other coal sources. OBAMA killed coal--essentially forever. ryan and his never TRUMP bushites are the same; by another name(rhino) is still a dem. rr
|
|
Became a Dynasty Defender: Dec 24, 2008 12:00:13 GMT -5
|
Post by Streeter on Dec 6, 2019 16:56:00 GMT -5
Well with all those "regulations" on the financial sector under Obama ...... the economy sure was building and his last 3 years was a booming....... before the giant corporate tax cuts and shredding of regulations.
To GOPers - Obamas economy was garbage. I cannot understand this even a little bit.
During Obama the Dow rose 150%
I work in contruction and view Construction as one of the biggest tell tale signs of economic health. In 2008 the tower cranes came down n many stayed down until late 2009 they started going up again. This is trade talk when the cranes are in the sky it means big work is going on. Then by 2012 the industry was almost back to where it was --- then by 2016 Contrustion was at peak in Major cities. I was no fan of Obamas foreign policy but domestically he was really damn good.
Trumps ludacrous Corporate tax cuts n stripping of regulations IMO has created a house of cards that like JD said looks great now but we will pay dearly for it later.
|
|
Became a Dynasty Defender: Jun 3, 2002 11:49:19 GMT -5
|
Post by ruppsrunt on Dec 6, 2019 17:30:29 GMT -5
|
|
Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
|
Post by houstoncat on Dec 6, 2019 17:34:41 GMT -5
Well with all those "regulations" on the financial sector under Obama ...... the economy sure was building and his last 3 years was a booming....... before the giant corporate tax cuts and shredding of regulations. To GOPers - Obamas economy was garbage. I cannot understand this even a little bit. During Obama the Dow rose 150% I work in contruction and view Construction as one of the biggest tell tale signs of economic health. In 2008 the tower cranes came down n many stayed down until late 2009 they started going up again. This is trade talk when the cranes are in the sky it means big work is going on. Then by 2012 the industry was almost back to where it was --- then by 2016 Contrustion was at peak in Major cities. I was no fan of Obamas foreign policy but domestically he was really damn good. Trumps ludacrous Corporate tax cuts n stripping of regulations IMO has created a house of cards that like JD said looks great now but we will pay dearly for it later. Dunno Streeter I see many billons in infrastucture gong on in texas cranes in the air extremely low unemploynent wages up. Econom,y looks strong despiite the fact interest rates are not at the record lows during the obama years. Yes dow went up but due to bad bush guidance i think it dropped to 10000 or lower. Yes obama had marginal im,provements but the debt we t up a trillion or more every year. As fortaxes dems will increase but not give you back deductions if they get in and remember you heard it here first😁
|
|
Became a Dynasty Defender: Dec 24, 2008 12:00:13 GMT -5
|
Post by Streeter on Dec 6, 2019 18:56:18 GMT -5
Well with all those "regulations" on the financial sector under Obama ...... the economy sure was building and his last 3 years was a booming....... before the giant corporate tax cuts and shredding of regulations. To GOPers - Obamas economy was garbage. I cannot understand this even a little bit. During Obama the Dow rose 150% I work in contruction and view Construction as one of the biggest tell tale signs of economic health. In 2008 the tower cranes came down n many stayed down until late 2009 they started going up again. This is trade talk when the cranes are in the sky it means big work is going on. Then by 2012 the industry was almost back to where it was --- then by 2016 Contrustion was at peak in Major cities. I was no fan of Obamas foreign policy but domestically he was really damn good. Trumps ludacrous Corporate tax cuts n stripping of regulations IMO has created a house of cards that like JD said looks great now but we will pay dearly for it later. Dunno Streeter I see many billons in infrastucture gong on in texas cranes in the air extremely low unemploynent wages up. Econom,y looks strong despiite the fact interest rates are not at the record lows during the obama years. Yes dow went up but due to bad bush guidance i think it dropped to 10000 or lower. Yes obama had marginal im,provements but the debt we t up a trillion or more every year. As fortaxes dems will increase but not give you back deductions if they get in and remember you heard it here first😁 Under Bush The Dow collapsed and went to under 7K. After the bailouts by Bush of Wall Street it creeped up to a little under 8K when Obama took office. When Obama Left it was over 20K ...... to you that is marginal improvements huh? (Well you give Clinton some credit - but caveat with Gingrich LOL .... Clinton only Balanced the budget) Guess what Obama didn't have a magic wand to wave when he took over a shredded economy and sky high unemployment. Yes he spent a lot ........ HE HAD TO! Unless you think we would have been better off with a full out depression like 1930s ...... hey had that happened I guess the Gold Standard folks would of cheered (from their card board boxes) but most of America would not be. Things took time but After the Dow started climbing you started to see Unemployment slowly decrese and that trend continued even with the financial regulations implemented after 2008 crash n Taxes what they were on corporate. Trump Pres years - Yes the Dow is rising and yes Umemployment has fallen greatly. I will even say the Dow and unemployment are better RIGHT NOW than if Obama was still in office for a third term all be it not as much as you might think. However , the cutting of regulations back to 08 levels and the Giant corporate tax cut on top...... these things may of helped the economy and unemployment short term - but it's called a bubble for a reason - it pops. Folks in their 70's like you and RR ...... unless you have a Kirk Douglas like lifespan (which I honestly hope both of you do) won't really feel the effects of this so you can afford to turn a blind - I can't.
|
|
Became a Dynasty Defender: Jan 9, 2006 11:37:14 GMT -5
|
Post by houstoncat on Dec 6, 2019 20:57:40 GMT -5
Lol. Aint in my 70s yet close but not there for a couple ill but ii think the dow was st 17 or 18 with obama significantly better the the 7 or 8 k under bush and his cronies. I dont turn a blind eye and am adjustiing investment to protect. On the bright side insurance actuarial show me living to 93 wife to 95 so our plans are adjusted accordingly..
Iit was gingrich that drove the balanced budget Clinton had good sense to go along between consultations with his young aide😁. Gingrich and Clinton should both share credit Clinton being Prez got and should get lions share
|
|
Became a Dynasty Defender: Sept 8, 2001 20:59:02 GMT -5
|
Post by Katman on Dec 6, 2019 23:00:31 GMT -5
The central banking system is one of Trumps MAJOR targets. The system will implode, no doubt. Trump knows it as well as the central bank. Trump holds the reins to it.
The trade deals like USMCA and the demise of the system will usher in a new financial system.
If Trump can proove criminality in the CB system (Which an audit would LIKELY reveal) then elimination of all debt would occur.
New system coming......
|
|
Became a Dynasty Defender: Apr 16, 2003 15:11:35 GMT -5
|
Post by JD on Dec 7, 2019 9:22:57 GMT -5
The central banking system is one of Trumps MAJOR targets. The system will implode, no doubt. Trump knows it as well as the central bank. Trump holds the reins to it. The trade deals like USMCA and the demise of the system will usher in a new financial system. If Trump can proove criminality in the CB system (Which an audit would LIKELY reveal) then elimination of all debt would occur. New system coming...... Why doesn't he go ahead and solve it if he has a solution? Why wait?
|
|
Became a Dynasty Defender: Apr 16, 2003 15:11:35 GMT -5
|
Post by JD on Dec 7, 2019 9:25:07 GMT -5
They were GOP majority the first 2 years of Trump's presidency. He had a stacked house, senate and supreme court and couldn't do anything? USMCA initiate to overthrow job killing nafta--deal was agreed to after dems took house-- coal killing regulations killed coal--once power plants moved to natural gas, the return to coal was not gonna happen. TRUMP relieved arduous regulation, but global coal plants(mainly china) had already moved to other coal sources. OBAMA killed coal--essentially forever. ryan and his never TRUMP bushites are the same; by another name(rhino) is still a dem. rr I think we are in agreement that none of the politicians are on our side. Doesn't matter the party. The GOP is just as much tax and spend as the Democrats. They just spend our money on different shit.
|
|