Trump sets the "goal post" of 4% GDP growth....

All of a sudden the left worries about the debit and the GDP after eight years of stagnation under Hussein's crazy policies.

Democrats have been more fiscally responsible for decades.

BBWWWWAAAAAAAHHHHHAAAAAHHHHHAAAA!!!!!!!

On January 20, 2009, it (U.S. National Debt) stood at $10.6 trilliion. Current debt is $19.9 trillion.

If that's being fiscally responsible, I don't want them handling my budget!

If you're suggesting Bill Clinton had a hand in your assertion, It was the Republicans and Newt Gingrich that "saddled" him with a Balanced Budget Bill.

No, Bill Clinton Didn't Balance the Budget
 
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Here's an idea, how about you provide a link to what they really said.

In the joint interview, they professed confidence in the new administration’s ability to boost economic growth as high as 4 percent a year.

Crucial to that projection would be passage of Trump’s proposed overhaul of the tax code, including streamlining individual tax rates into three brackets and reducing the corporate tax rate to 15 percent. Independent research groups have estimated the plan could cost as much as $6 trillion over the next decade.

Trump’s new Treasury, Commerce nominees say no ‘absolute’ tax cut for the wealthy, predict faster economic growth

That is not what you posted in your original OP though. You misled with your OP. Try being honest and you'll get more respect.
 
Based on interviews with the Trump picks for Treasury and Commerce, the goal post has been set that we will experience a 4% growth on US growth.....

While hoping that this will happen, one must also consider the repercussions on our debt, and the repercussions on what will happen if that 4% growth falls much lower than predicted.

Just out of curiosity, since when did you gub'mint worshipers start giving a fuck about the public debt?

... Oh yeah that's right, you only care about it when the Republicans take power just like they only care about when the Democrats take over and all your finger pointing is leading the dollar right over the cliff.

For the record, economic growth targets are an idiotic way to determine fiscal and monetary policy, Central bankers having been using various target schemes for the last decade and have managed to fuck things up so bad that we're actually seeing serious talk of negative interest rates and the abolition of cash from the nimrods, talk about FUCKING INSANE.

The economy will do just fine as soon as the assholes in Washington get their grubby, corrupt mits off of it and just play the role they were intended to play, i.e. neutral referee.
Well, Trump is certainly not promising a neutral defense. He's planning a tax cut and still some form of infrastructure building to do a Keynes stimulus. He's also planning to make lending by banks easier, although the Fed's made it pretty easy. He is planning to let banks start speculating with investor money again. Not that ALL of that is bad, imo.

We already have growth at over 3% in the last quarter. The fed is going to raise rates though, and oil prices just went up. That's not so good, but it may not be like the 70s when they went WAYYYY up.
 
Just out of curiosity, since when did you gub'mint worshipers start giving a fuck about the public debt?

When???? Actually it started when you morons engaged in TWO costly wars while giving tax cuts to the rich.......(and catering to the private health care insurers through Medicare Advantage)........THAT'S WHEN !!!
Socialists don't even know what Debt is, obviously... they think money is grown on trees. Fact
 
Just out of curiosity, since when did you gub'mint worshipers start giving a fuck about the public debt?

When???? Actually it started when you morons engaged in TWO costly wars while giving tax cuts to the rich.......(and catering to the private health care insurers through Medicare Advantage)........THAT'S WHEN !!!

How do you explain the increase in the debt the last 8 years?
 
Trump .. cut taxes ... rebuild the military buy a wall

translation;


cut revenue, increase spending, increase the deficit ...

fucking brilliant !
 
Based on interviews with the Trump picks for Treasury and Commerce, the goal post has been set that we will experience a 4% growth on US growth.....

While hoping that this will happen, one must also consider the repercussions on our debt, and the repercussions on what will happen if that 4% growth falls much lower than predicted.

Just out of curiosity, since when did you gub'mint worshipers start giving a fuck about the public debt?

... Oh yeah that's right, you only care about it when the Republicans take power just like they only care about when the Democrats take over and all your finger pointing is leading the dollar right over the cliff.

For the record, economic growth targets are an idiotic way to determine fiscal and monetary policy, Central bankers having been using various target schemes for the last decade and have managed to fuck things up so bad that we're actually seeing serious talk of negative interest rates and the abolition of cash from the nimrods, talk about FUCKING INSANE.

The economy will do just fine as soon as the assholes in Washington get their grubby, corrupt mits off of it and just play the role they were intended to play, i.e. neutral referee.
Well, Trump is certainly not promising a neutral defense. He's planning a tax cut and still some form of infrastructure building to do a Keynes stimulus. He's also planning to make lending by banks easier, although the Fed's made it pretty easy. He is planning to let banks start speculating with investor money again. Not that ALL of that is bad, imo.

We already have growth at over 3% in the last quarter. The fed is going to raise rates though, and oil prices just went up. That's not so good, but it may not be like the 70s when they went WAYYYY up.

Actually that's way good... job losses in the oil sector have been staggering.
 
Just out of curiosity, since when did you gub'mint worshipers start giving a fuck about the public debt?

When???? Actually it started when you morons engaged in TWO costly wars while giving tax cuts to the rich.......(and catering to the private health care insurers through Medicare Advantage)........THAT'S WHEN !!!

How do you explain the increase in the debt the last 8 years?


better yet, how do you explain the 1$ Trillion dollar deficit reduction in the last 8 years ?
 
Based on interviews with the Trump picks for Treasury and Commerce, the goal post has been set that we will experience a 4% growth on US growth.....

While hoping that this will happen, one must also consider the repercussions on our debt, and the repercussions on what will happen if that 4% growth falls much lower than predicted.
A developed economy cannot responsibly grow at that rate. To attain a number like that would involve building the biggest consumer debt bubble we have ever seen, Trump apparently wants everyone to max out every bit of credit they possess just to make him look good.
 
Trump .. cut taxes ... rebuild the military buy a wall

translation;


cut revenue, increase spending, increase the deficit ...

fucking brilliant !

Go back to sleep 7.

stfu soggybrain, somebody needs to stay awake and explain the reality in Trumps pile of horseshit before you and the rest of the RW morons eat it all up.
 
Based on interviews with the Trump picks for Treasury and Commerce, the goal post has been set that we will experience a 4% growth on US growth.....

While hoping that this will happen, one must also consider the repercussions on our debt, and the repercussions on what will happen if that 4% growth falls much lower than predicted.
A developed economy cannot responsibly grow at that rate. To attain a number like that would involve building the biggest consumer debt bubble we have ever seen, Trump apparently wants everyone to max out every bit of credit they possess just to make him look good.


then file for bankruptcy just like Trump does when he gets in too deep ... MAKE AMERICA GREAT AGAIN !!!
 
Based on interviews with the Trump picks for Treasury and Commerce, the goal post has been set that we will experience a 4% growth on US growth.....

While hoping that this will happen, one must also consider the repercussions on our debt, and the repercussions on what will happen if that 4% growth falls much lower than predicted.
You mean like Obama levels? That would be a fucking disaster....:lol:
 
On January 20, 2009, it (U.S. National Debt) stood at $10.6 trilliion. Current debt is $19.9 trillion.

If that's being fiscally responsible, I don't want them handling my budget!

Most right wing morons do NOT know that their hero, Ronnie, considered the Messiah of conservative causes.......went from a debt of $900 Billion when he was sworn in...... to a debt of $2.7 Trillion when they carried his ass out of the WH...

Simple math...........Reagan TRIPLED the debt.
 
All of a sudden the left worries about the debit and the GDP after eight years of stagnation under Hussein's crazy policies.

Democrats have been more fiscally responsible for decades.

BBWWWWAAAAAAAHHHHHAAAAAHHHHHAAAA!!!!!!!

On January 20, 2009, it (U.S. National Debt) stood at $10.6 trilliion. Current debt is $19.9 trillion.

If that's being fiscally responsible, I don't want them handling my budget!

If you're suggesting Bill Clinton had a hand in your assertion, It was the Republicans and Newt Gingrich that "saddled" him with a Balanced Budget Bill.

No, Bill Clinton Didn't Balance the Budget

You lie. The budget was balanced for several years at the end of the nineties. Stop being a fuckwit.
 
Based on interviews with the Trump picks for Treasury and Commerce, the goal post has been set that we will experience a 4% growth on US growth.....

While hoping that this will happen, one must also consider the repercussions on our debt, and the repercussions on what will happen if that 4% growth falls much lower than predicted.
You mean like Obama levels? That would be a fucking disaster....:lol:

Where's the disaster?
 
All of a sudden the left worries about the debit and the GDP after eight years of stagnation under Hussein's crazy policies.

Democrats have been more fiscally responsible for decades.

BBWWWWAAAAAAAHHHHHAAAAAHHHHHAAAA!!!!!!!

On January 20, 2009, it (U.S. National Debt) stood at $10.6 trilliion. Current debt is $19.9 trillion.

If that's being fiscally responsible, I don't want them handling my budget!

If you're suggesting Bill Clinton had a hand in your assertion, It was the Republicans and Newt Gingrich that "saddled" him with a Balanced Budget Bill.

No, Bill Clinton Didn't Balance the Budget

You lie. The budget was balanced for several years at the end of the nineties. Stop being a fuckwit.


If that were true the national debt wouldn't have increased, it did, so it wasn't. Why, because the majority of spending is off budget. So even saying the budget is balanced is nothing but a diversion. The real question should be if all government spending is paid for.
 

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