Second-quarter GDP jumps 4.1% for best pace in nearly four years

[rightwinger]

All the times the Obama economy passed 4% the economy wasn't supercharged with unsustainable tax breaks. And massive quick orders of farm goods hoping to cash in before tariffs take effect.

Trump says job growth will continue when we have more open jobs than unemployed. Clearly, more unfilled jobs doesn't really qualify as job growth.

And people's wages haven't actually gone up. There have been bonuses which is NOT the same as increased salary.

So this quarter is actually the fifth highest if you include the Obama years.

Trump could actually give good news even if he didn't lie or mislead.

Ummm, did you mention that Trump doesn't have QE to bolster HIS economy like Obama did.

Trump borrowed $2 trillion to bolster his economy

Trump borrowed $2 trillion to bolster his economy

View attachment 207344

View attachment 207345

Ummm……..

Yes, $2 trillion and growing

Why is Trump borrowing money in a strong economy?
If we have GDP of 4.1 percent, WHY do we need a growing deficit!

Obama debt very good, Trump debt very bad. You Libs continue to think anyone other than the sheep will buy that bullshit and your going to keep losing. Its insulting to anyone with even a tiny amount of grey matter between their ears. Honestly I think there should be a balanced budget amendment in the Constitution but know that will never happen.

I would like to know were you got the 2 trillion from ?

Obama debt fought off a depression
Trump debt went to billionaires

 

[Toddsterpatriot]

Didn’t think so...it’s unexplainable with any logic, isn’t it?

GDP is going to decelerate as the effects of the tax cuts wear off.

Hahaha, of course. At least you are consistent.

Everything Obama ever did was 100% perfect, Got it.

Obama’s 1.6% growth rate in 2016 was the fault of a Pub Congress?

Remind me who has the majority in both houses of Congress currently.

Your logic fails.

So why were more jobs produced in 2016 than in 2017? And why do economists think 1% of today's 4.1% is because China bought huge amounts of soybeans before the Tariff comes up?

Obama’s average quarter was 1.8% growth.

Yea.....when you stick him with some of those quarters from Bush’s economy

By the way folks, you notice that his majesty _oh-Wing-dinger, loves to tell you how much money Trump borrowed to produce the desired results when he gave tax breaks.

He doesn't tell you how much Obysmal raised the debt, talks about Tarp 1 through 14 or whatever, nor even acknowledges QE.

Now why do you think that is? Why was the Obysmal deficit somehow BETTER than Trumps?

ANSWER-----------> Because the Trump deficit went BACK TO THE PEOPLE, the Obysmal deficit money was INJECTED into government, where his hero, the Community Organizer and chief, could decide what to do with it, who to give it to, who NOT to give it to, and who to bribe-)

So in essence, Mr Hum-ding-a-ling-winger is telling you that----------> you are baaaaaaaaaad because you got some of your money back, but Obysmal was goooooooood, because he stole some of your money, then gave it away to whomever he decided to.

What did you buy with your tax break so far, or did you invest it instead?

HOW DARE YOU, how double DARE YOU! Keep your own money, when there is so much transfer of wealth to accomplish, so many illegals to take care of, and so many liberal states to bail out, what are you thinking COMRADES-) You MUST immediately turn over that extra cash to fancy-Nancy, Chucky Shmucky, and the Charming and delightful, Maxy Maxine! They know what to do with YOUR money, far better than you do!

The difference between Crooked Donnie and the Great Obama is that Obama borrowed money to prop up an economy on the brink of depression

Crooked Donnie is borrowing money in a strong economy.

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

 

[rightwinger]

Didn’t think so...it’s unexplainable with any logic, isn’t it?

GDP is going to decelerate as the effects of the tax cuts wear off.

So why were more jobs produced in 2016 than in 2017? And why do economists think 1% of today's 4.1% is because China bought huge amounts of soybeans before the Tariff comes up?

Yea.....when you stick him with some of those quarters from Bush’s economy

By the way folks, you notice that his majesty _oh-Wing-dinger, loves to tell you how much money Trump borrowed to produce the desired results when he gave tax breaks.

He doesn't tell you how much Obysmal raised the debt, talks about Tarp 1 through 14 or whatever, nor even acknowledges QE.

Now why do you think that is? Why was the Obysmal deficit somehow BETTER than Trumps?

ANSWER-----------> Because the Trump deficit went BACK TO THE PEOPLE, the Obysmal deficit money was INJECTED into government, where his hero, the Community Organizer and chief, could decide what to do with it, who to give it to, who NOT to give it to, and who to bribe-)

So in essence, Mr Hum-ding-a-ling-winger is telling you that----------> you are baaaaaaaaaad because you got some of your money back, but Obysmal was goooooooood, because he stole some of your money, then gave it away to whomever he decided to.

What did you buy with your tax break so far, or did you invest it instead?

HOW DARE YOU, how double DARE YOU! Keep your own money, when there is so much transfer of wealth to accomplish, so many illegals to take care of, and so many liberal states to bail out, what are you thinking COMRADES-) You MUST immediately turn over that extra cash to fancy-Nancy, Chucky Shmucky, and the Charming and delightful, Maxy Maxine! They know what to do with YOUR money, far better than you do!

The difference between Crooked Donnie and the Great Obama is that Obama borrowed money to prop up an economy on the brink of depression

Crooked Donnie is borrowing money in a strong economy.

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

 

[Toddsterpatriot]

By the way folks, you notice that his majesty _oh-Wing-dinger, loves to tell you how much money Trump borrowed to produce the desired results when he gave tax breaks.

He doesn't tell you how much Obysmal raised the debt, talks about Tarp 1 through 14 or whatever, nor even acknowledges QE.

Now why do you think that is? Why was the Obysmal deficit somehow BETTER than Trumps?

ANSWER-----------> Because the Trump deficit went BACK TO THE PEOPLE, the Obysmal deficit money was INJECTED into government, where his hero, the Community Organizer and chief, could decide what to do with it, who to give it to, who NOT to give it to, and who to bribe-)

So in essence, Mr Hum-ding-a-ling-winger is telling you that----------> you are baaaaaaaaaad because you got some of your money back, but Obysmal was goooooooood, because he stole some of your money, then gave it away to whomever he decided to.

What did you buy with your tax break so far, or did you invest it instead?

HOW DARE YOU, how double DARE YOU! Keep your own money, when there is so much transfer of wealth to accomplish, so many illegals to take care of, and so many liberal states to bail out, what are you thinking COMRADES-) You MUST immediately turn over that extra cash to fancy-Nancy, Chucky Shmucky, and the Charming and delightful, Maxy Maxine! They know what to do with YOUR money, far better than you do!

The difference between Crooked Donnie and the Great Obama is that Obama borrowed money to prop up an economy on the brink of depression

Crooked Donnie is borrowing money in a strong economy.

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

 

[EGR one]

I am just sitting back and reading posts from the left. By any standards, this is good news for all
America and the left just can't bring themselves to admit it. chuckle
"Strange days indeed, most peculiar, momma...."-John Lennon

They are going to find that black cloud in the silver lining if it kills them in the process.

 

[rightwinger]

The difference between Crooked Donnie and the Great Obama is that Obama borrowed money to prop up an economy on the brink of depression

Crooked Donnie is borrowing money in a strong economy.

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

The banks siglehandedly crashed our economy selling hedge funds on derivatives

For you to infer they didn’t need regulation is ridiculous

 

[ColonelAngus]

The difference between Crooked Donnie and the Great Obama is that Obama borrowed money to prop up an economy on the brink of depression

Crooked Donnie is borrowing money in a strong economy.

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

Dems said everyone should own their own home.

No, no they shouldnt.

Barney Frank should be executed for his role in the scam.

 

[ThunderKiss1965]

Ummm, did you mention that Trump doesn't have QE to bolster HIS economy like Obama did.

Trump borrowed $2 trillion to bolster his economy

Trump borrowed $2 trillion to bolster his economy

View attachment 207344

View attachment 207345

Ummm……..

Yes, $2 trillion and growing

Why is Trump borrowing money in a strong economy?
If we have GDP of 4.1 percent, WHY do we need a growing deficit!

Obama debt very good, Trump debt very bad. You Libs continue to think anyone other than the sheep will buy that bullshit and your going to keep losing. Its insulting to anyone with even a tiny amount of grey matter between their ears. Honestly I think there should be a balanced budget amendment in the Constitution but know that will never happen.

I would like to know were you got the 2 trillion from ?

Obama debt fought off a depression
Trump debt went to billionaires

Bullshit Obama's debt didn't do a fucking thing for the rescission and if you have an issue with Trumps tax cuts why don't you give up yours ?

 

[francoHFW]

I am just sitting back and reading posts from the left. By any standards, this is good news for all
America and the left just can't bring themselves to admit it. chuckle
"Strange days indeed, most peculiar, momma...."-John Lennon

They are going to find that black cloud in the silver lining if it kills them in the process.

Experts say about 1% of that 4.1% is China buying soybeans before the Tariff... The GOP loves bubbles that become busts after about 6 years...

 

[ThunderKiss1965]

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

The banks siglehandedly crashed our economy

For you to infer they didn’t need regulation is ridiculous

Umm no it was regulation passed by Democrats that forced lenders to give loans to people who could never pay them back.

 

[rightwinger]

Trump borrowed $2 trillion to bolster his economy

/----/ Prove it or bow down to your Daddy Donald Trump.

GOP tax law will add $1.9 trillion to debt: CBO

/----/ I'm going to use a very confusing term that will confound you. The CBO does not dynamically score tax bills. It's a static estimate. In words you can understand, the CBO DOES NOT take into account economic activity generated by the tax cuts. They assume nothing will change except a loss of revenue. (Am I losing you?) Anyway, the two trillion is spread out over 10 years according to your link which also says: "
Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

That is why the true deficit will be much higher

/----/ Ahhhh, I still confused you. Sorry about that.

Hardly, your fuzzy economics do not cut it

No, tax cuts do not pay for themselves

 

[Toddsterpatriot]

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

The banks siglehandedly crashed our economy selling hedge funds on derivatives

For you to infer they didn’t need regulation is ridiculous

The banks siglehandedly crashed our economy selling hedge funds on derivatives

The economy crashed because too many people bought too many houses they couldn't afford.
Derivatives had damn little to do with it.

For you to infer they didn’t need regulation is ridiculous

The government pushing them to make subprime loans and then fining them for making, and selling, subprime loans was ridiculous. And then boosting capital requirements thru the roof and whining that they weren't making enough loans was just further proof that many people and almost all politicians were clueless.

 

[Toddsterpatriot]

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

Dems said everyone should own their own home.

No, no they shouldnt.

Barney Frank should be executed for his role in the scam.

Dems said everyone should own their own home.

Bush too.

He took the Dems stupid ideas and made them worse.

 

[ColonelAngus]

How can anyone even argue the subprime crash was not a government imposed shit show?

The proof was in the crash.

There should be a specific debt to income ratio for anyone buying a home.

Dems said it was racist to make people prove they could pay back the loan by demonstrating they actually have an income.

 

[Toddsterpatriot]

/----/ Prove it or bow down to your Daddy Donald Trump.

GOP tax law will add $1.9 trillion to debt: CBO

/----/ I'm going to use a very confusing term that will confound you. The CBO does not dynamically score tax bills. It's a static estimate. In words you can understand, the CBO DOES NOT take into account economic activity generated by the tax cuts. They assume nothing will change except a loss of revenue. (Am I losing you?) Anyway, the two trillion is spread out over 10 years according to your link which also says: "
Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

That is why the true deficit will be much higher

/----/ Ahhhh, I still confused you. Sorry about that.

Hardly, your fuzzy economics do not cut it

No, tax cuts do not pay for themselves

Pay for themselves?

Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

Looks like the underlined claim here is 1/3rd pay for itself.

 

[ColonelAngus]

 

[rightwinger]

Obama borrowed money to prop up an economy on the brink of depression

The recession ended in June 2009.

Technically... Millions of unemployed would beg to differ...

Maybe when millions are unemployed and businesses can't get loans, it might be a bad time to pile thousands of new regulations and billions of dollars in fines on the banks, eh comrade?

How many jobs do you think would have been created by cap and trade?
Any guesses?

Um.....kinda yea

You see those banks engaged in rampant speculation and led us into a massive recession where the stock market lost half its value and 750,000 a month lost their jobs

The taxpayers had to bail out the banks to prevent a collapse because......

Ready?


They were too big to fail

You see those banks engaged in rampant speculation

I know, writing all those mortgages.

The taxpayers had to bail out the banks to prevent a collapse

Hugely profitable bailouts are the worst.

Dems said everyone should own their own home.

No, no they shouldnt.

Barney Frank should be executed for his role in the scam.

Barney Frank had nothing to do with it

Where have Dems said everyone should own their own home?

 

[rightwinger]

GOP tax law will add $1.9 trillion to debt: CBO

/----/ I'm going to use a very confusing term that will confound you. The CBO does not dynamically score tax bills. It's a static estimate. In words you can understand, the CBO DOES NOT take into account economic activity generated by the tax cuts. They assume nothing will change except a loss of revenue. (Am I losing you?) Anyway, the two trillion is spread out over 10 years according to your link which also says: "
Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

That is why the true deficit will be much higher

/----/ Ahhhh, I still confused you. Sorry about that.

Hardly, your fuzzy economics do not cut it

No, tax cuts do not pay for themselves

Pay for themselves?

Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

Looks like the underlined claim here is 1/3rd pay for itself.

Dynamic scoring is voodoo economics based on the false assumption of trickle down

 

[Toddsterpatriot]

/----/ I'm going to use a very confusing term that will confound you. The CBO does not dynamically score tax bills. It's a static estimate. In words you can understand, the CBO DOES NOT take into account economic activity generated by the tax cuts. They assume nothing will change except a loss of revenue. (Am I losing you?) Anyway, the two trillion is spread out over 10 years according to your link which also says: "
Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

That is why the true deficit will be much higher

/----/ Ahhhh, I still confused you. Sorry about that.

Hardly, your fuzzy economics do not cut it

No, tax cuts do not pay for themselves

Pay for themselves?

Others estimated that a dynamic score of the tax law — one that incorporated macroeconomic effects — would reduce the $1.5 trillion cost of the tax cut down to $1 trillion in added debt or 200 billion a year.

Looks like the underlined claim here is 1/3rd pay for itself.

Dynamic scoring is voodoo economics based on the false assumption of trickle down

Strangely, the dynamic scoring better predicts the actual economic results.

 

[ColonelAngus]

People should have to prove they can pay back bank loans. It seems prettty fucking simple to me.