Donald Trump created a bogus economy ... U.S. Growth Slowest Since 2016, Complicating Trump’s pitch

[AntonToo]

....Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0.

Why do you assume the money that is not spent - and thus, not taxed - will not flow into the economy through other means?

One more time, one more time only - It will flow into deficit and debt reduction

 

[AntonToo]

....Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0...and get your party thrown the fuck out of power for at least a decade.

Any other half-baked ideas?

Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0

The newly unemployed workers can't get useful jobs? Create useful GDP?
The money no longer taken/borrowed by government won't do useful, productive things in the private economy?

....Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0...and get your party thrown the fuck out of power for at least a decade.

Any other half-baked ideas?

Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0

The newly unemployed workers can't get useful jobs? Create useful GDP?
The money no longer taken/borrowed by government won't do useful, productive things in the private economy?

Sure they can eventually...but not while we have a Great Recession V2.0 from cutting out 2 Trillion dollars out of the economy.

As far as getting a tax cut out of it too - you are double dipping. The whole point of proposal is to get rid of deficit and pay down debt.

As far as getting a tax cut out of it too - you are double dipping

You're confused.....
The money no longer taken/borrowed by government​

The whole point of proposal is to get rid of deficit and pay down debt.

The whole point of the proposal is to add to the economy, not subtract.

...you are an idiot.

Don’t know what else to say, because it’s in the simplest form I can make it already.

Look, idiot, if we stop borrowing $1 trillion a year, that'll help with the debt.

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

 

[M14 Shooter]

....Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0.

Why do you assume the money that is not spent - and thus, not taxed - will not flow into the economy through other means?

One more time, one more time only - It will flow into deficit and debt reduction

You assume facts not in evidence.
Let me know when yo can stop doing that.

 

[AntonToo]

....Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0.

Why do you assume the money that is not spent - and thus, not taxed - will not flow into the economy through other means?

One more time, one more time only - It will flow into deficit and debt reduction

You assume facts not in evidence.
Let me know when yo can stop doing that.

Moron, deficit and debt reduction is what is being discussed. Piss off if you don't want to actually read the discussion.

 

[Toddsterpatriot]

Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0

The newly unemployed workers can't get useful jobs? Create useful GDP?
The money no longer taken/borrowed by government won't do useful, productive things in the private economy?

Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0

The newly unemployed workers can't get useful jobs? Create useful GDP?
The money no longer taken/borrowed by government won't do useful, productive things in the private economy?

Sure they can eventually...but not while we have a Great Recession V2.0 from cutting out 2 Trillion dollars out of the economy.

As far as getting a tax cut out of it too - you are double dipping. The whole point of proposal is to get rid of deficit and pay down debt.

As far as getting a tax cut out of it too - you are double dipping

You're confused.....
The money no longer taken/borrowed by government​

The whole point of proposal is to get rid of deficit and pay down debt.

The whole point of the proposal is to add to the economy, not subtract.

...you are an idiot.

Don’t know what else to say, because it’s in the simplest form I can make it already.

Look, idiot, if we stop borrowing $1 trillion a year, that'll help with the debt.

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

it contracts economy because you are taking liquidity out of economy to pay the debt.

A $1 trillion tax cut won't help the economy? DURR.

Is this really so complex?

Only to people who think cutting the government would be bad for the economy.

 

[M14 Shooter]

....Federal spending makes up about 20% of the economy. You cut it in half and you put us into a Great Recession 2.0.

Why do you assume the money that is not spent - and thus, not taxed - will not flow into the economy through other means?

One more time, one more time only - It will flow into deficit and debt reduction

You assume facts not in evidence.
Let me know when yo can stop doing that.

Moron, deficit and debt reduction is what is being discussed. Piss off if you don't want to actually read the discussion.

Thank you for making it clear I need not waste any more time on you.

 

[AntonToo]

Sure they can eventually...but not while we have a Great Recession V2.0 from cutting out 2 Trillion dollars out of the economy.

As far as getting a tax cut out of it too - you are double dipping. The whole point of proposal is to get rid of deficit and pay down debt.

As far as getting a tax cut out of it too - you are double dipping

You're confused.....
The money no longer taken/borrowed by government​

The whole point of proposal is to get rid of deficit and pay down debt.

The whole point of the proposal is to add to the economy, not subtract.

...you are an idiot.

Don’t know what else to say, because it’s in the simplest form I can make it already.

Look, idiot, if we stop borrowing $1 trillion a year, that'll help with the debt.

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

it contracts economy because you are taking liquidity out of economy to pay the debt.

A $1 trillion tax cut won't help the economy? DURR.

Is this really so complex?

Only to people who think cutting the government would be bad for the economy.

Ok so even if you want to use 1T out of 2T of the Federal spending cut towards tax cuts, and even if you assume some efficiency gain on that 1T - YOU ARE STILL IN A DEEP RECESSION

 

[Toddsterpatriot]

As far as getting a tax cut out of it too - you are double dipping

You're confused.....
The money no longer taken/borrowed by government​

The whole point of proposal is to get rid of deficit and pay down debt.

The whole point of the proposal is to add to the economy, not subtract.

...you are an idiot.

Don’t know what else to say, because it’s in the simplest form I can make it already.

Look, idiot, if we stop borrowing $1 trillion a year, that'll help with the debt.

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

it contracts economy because you are taking liquidity out of economy to pay the debt.

A $1 trillion tax cut won't help the economy? DURR.

Is this really so complex?

Only to people who think cutting the government would be bad for the economy.

Ok so even if you want to use 1T out of 2T of the Federal spending cut towards tax cuts, and even if you assume some efficiency gain on that 1T - YOU ARE STILL IN A DEEP RECESSION

YOU ARE STILL IN A DEEP RECESSION due to 1-something trillion dollar contraction.

Yeah, we're really going to miss the $2 trillion worth of paperwork no longer produced in DC.

 

[Lewdog]

Yeah, but at least he exploded the deficit and watched as the Fed had to pour hundreds of billions of dollars into markets to keep them afloat.

So there's that.

EXACTLY! Any time the economy slows down, he bullies the fed into cutting rates. He artificially inflates the economy like he did with the tax cuts that didn't help anybody but the rich and allowed corporations to do stock buybacks that raised the DOW.

 

[BuckToothMoron]

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

• Jan. 30, 2020

The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

Trump didn’t create the economy. Presidents don’t create economies even though they get credit when economies are good, and blame when economies are bad.

Actually through deregulation or oppressive regulation, they do effect the economy.

Our regulations are so oppressive that foreign companies flock over here to open factories.

They come here in spite of the burdensome regulations because the US is a huge market with a relatively educated work force.

 

[depotoo]

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch
Boeing’s troubles, trade disruption and a tight job market held back growth last year, and a more subdued expansion appears to lie ahead.


By Patricia Cohen

• Jan. 30, 2020

The government’s latest economic scorecard arrived on Thursday, offering fresh evidence that the economy continues to grow, but at a frustratingly slow pace.

As the nation heads toward a presidential election, the question is whether voters will view steady but unspectacular growth as a sign that President Trump’s handling of the economy has succeeded or stumbled.

Gross domestic product, which measures the value of goods and services produced inside the United States, grew at a 2.1 percent annual rate between October and December, the same as the previous three months, according to preliminary data released by the Commerce Department. As for 2019 as a whole, the report shows that the economy turned in a weaker annual showing than it did in 2017 and 2018.

In previous decades, growth that consistently fell below 3 percent would have been seen as distressing. Now most economists — at least those outside the administration — see normal growth circling the 2 percent mark.

Trump didn’t create the economy. Presidents don’t create economies even though they get credit when economies are good, and blame when economies are bad.

Actually through deregulation or oppressive regulation, they do effect the economy.

Our regulations are so oppressive that foreign companies flock over here to open factories.

They come here in spite of the burdensome regulations because the US is a huge market with a relatively educated work force.

And at this point regulations have been knocked waaayyyy down from previous administrations.

 

[AntonToo]

...you are an idiot.

Don’t know what else to say, because it’s in the simplest form I can make it already.

Look, idiot, if we stop borrowing $1 trillion a year, that'll help with the debt.

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

it contracts economy because you are taking liquidity out of economy to pay the debt.

A $1 trillion tax cut won't help the economy? DURR.

Is this really so complex?

Only to people who think cutting the government would be bad for the economy.

Ok so even if you want to use 1T out of 2T of the Federal spending cut towards tax cuts, and even if you assume some efficiency gain on that 1T - YOU ARE STILL IN A DEEP RECESSION

YOU ARE STILL IN A DEEP RECESSION due to 1-something trillion dollar contraction.

Yeah, we're really going to miss the $2 trillion worth of paperwork no longer produced in DC.

Yes moron, we will miss the money people spend out of their Social Security, or their millitary job, or their health insurance.

 

[Toddsterpatriot]

Look, idiot, if we stop borrowing $1 trillion a year, that'll help with the debt.

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

it contracts economy because you are taking liquidity out of economy to pay the debt.

A $1 trillion tax cut won't help the economy? DURR.

Is this really so complex?

Only to people who think cutting the government would be bad for the economy.

Ok so even if you want to use 1T out of 2T of the Federal spending cut towards tax cuts, and even if you assume some efficiency gain on that 1T - YOU ARE STILL IN A DEEP RECESSION

YOU ARE STILL IN A DEEP RECESSION due to 1-something trillion dollar contraction.

Yeah, we're really going to miss the $2 trillion worth of paperwork no longer produced in DC.

Yes moron, we will miss the money people spend out of their Social Security, or their millitary job, or their health insurance.

Weird, every single dollar you're missing there is a dollar less taken out of a taxpayers pocket first.

 

[AntonToo]

BUT IT WON'T HELP WITH A TAX CUT. Get it??

When you take on debt you are stimulating/expanding economy with added liquidity.

Paying down the debt has exactly opposite effect - it contracts economy because you are taking liquidity out of economy to pay the debt.

Is this really so complex?

it contracts economy because you are taking liquidity out of economy to pay the debt.

A $1 trillion tax cut won't help the economy? DURR.

Is this really so complex?

Only to people who think cutting the government would be bad for the economy.

Ok so even if you want to use 1T out of 2T of the Federal spending cut towards tax cuts, and even if you assume some efficiency gain on that 1T - YOU ARE STILL IN A DEEP RECESSION

YOU ARE STILL IN A DEEP RECESSION due to 1-something trillion dollar contraction.

Yeah, we're really going to miss the $2 trillion worth of paperwork no longer produced in DC.

Yes moron, we will miss the money people spend out of their Social Security, or their millitary job, or their health insurance.

Weird, every single dollar you're missing there is a dollar less taken out of a taxpayers pocket first.

Seriously?

Which taxpayer pockets will a trillion dollar deficit we will run this year come out of?

 

[Denizen]

It's very arguable that the spike in 2017 through to early 2018 was a continuation of Obama's economy.

Trump even achieved a low of 1.1% in q3 2018.

Everything about Trump is bogus. He inherited his wealth and supplemented it with Russian mob money when he faced bankruptcy.

Trump inherited a healthy growing economy from Obama and expert economic consensus is that Trump will cause a recession.

The only thing growing under Trump's dead hand is the government debt which is growing at record rates. It's 'yooj' and burgeoning as debt growth is > 2.5 x GDP growth. This is unsustainable and Donald Trump's bogus casino economy is headed for a bust.

U.S. Growth at Slowest Since 2016, Complicating Trump’s Pitch

Trump didn’t create the economy. Presidents don’t create economies even though they get credit when economies are good, and blame when economies are bad.

Actually through deregulation or oppressive regulation, they do effect the economy.

Our regulations are so oppressive that foreign companies flock over here to open factories.

They come here in spite of the burdensome regulations because the US is a huge market with a relatively educated work force.

And at this point regulations have been knocked waaayyyy down from previous administrations.

Regulations against criminal activity have been hit out of the park.

The First Felon is unzipped.