U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank

[JimH52]

https://finance.yahoo.com/news/u-economy-experiencing-death-thousand-104325496.html

The Trump administration argues that the bill will actually help rebalance the debt-to-GDP ratio. Administrations have two choices to bring the balances into order: reduce the debt or increase GDP.

They say extending the tax cuts will do the latter, arguing their bill will raise short-run real GDP by 3.3 to 3.8% and long-run real GDP by 2.6 to 3.2%.

The Congressional Budget Office (CBO) disagrees. In an April report, the nonpartisan analyst organization stated that if provisions of the 2017 tax act were extended, thus lowering tax revenues, and with no other changes made to fiscal policy, public debt would reach 220% of GDP by 2025.

But trump continues to push his "big beautiful bill." He claims it will rebalance the tax spend ratio. The CBO disagrees. You can expect him to fire members of the CBO who disagree with the Felon in Chief. trump cannot stand anyone who does now bow at his feet. The CBO is not believing his lies. Tax cuts to the wealthy will bankrupt this country. Maybe that has been his plan all along?

 

[martybegan]

https://finance.yahoo.com/news/u-economy-experiencing-death-thousand-104325496.html

The Trump administration argues that the bill will actually help rebalance the debt-to-GDP ratio. Administrations have two choices to bring the balances into order: reduce the debt or increase GDP.

They say extending the tax cuts will do the latter, arguing their bill will raise short-run real GDP by 3.3 to 3.8% and long-run real GDP by 2.6 to 3.2%.

The Congressional Budget Office (CBO) disagrees. In an April report, the nonpartisan analyst organization stated that if provisions of the 2017 tax act were extended, thus lowering tax revenues, and with no other changes made to fiscal policy, public debt would reach 220% of GDP by 2025.

But trump continues to push his "big beautiful bill." He claims it will rebalance the tax spend ratio. The CBO disagrees. You can expect him to fire members of the CBO who disagree with the Felon in Chief. trump cannot stand anyone who does now bow at his feet. The CBO is not believing his lies. Tax cuts to the wealthy will bankrupt this country. Maybe that has been his plan all along?

Isn't that the same bank you clowns accused of not being able to figure out they were being suckered by Trump with regards to valuation of his properties?

Now they are a reliable indicator of things?

Do you morons ever think before you post your bullshit?

 

[Harry Dresden]

Isn't that the same bank you clowns accused of not being able to figure out they were being suckered by Trump with regards to valuation of his properties?

Now they are a reliable indicator of things?

Do you morons ever think before you post your bullshit?

its jim......nuff said?....

 

[jbrownson0831]

https://finance.yahoo.com/news/u-economy-experiencing-death-thousand-104325496.html

The Trump administration argues that the bill will actually help rebalance the debt-to-GDP ratio. Administrations have two choices to bring the balances into order: reduce the debt or increase GDP.

They say extending the tax cuts will do the latter, arguing their bill will raise short-run real GDP by 3.3 to 3.8% and long-run real GDP by 2.6 to 3.2%.

The Congressional Budget Office (CBO) disagrees. In an April report, the nonpartisan analyst organization stated that if provisions of the 2017 tax act were extended, thus lowering tax revenues, and with no other changes made to fiscal policy, public debt would reach 220% of GDP by 2025.

But trump continues to push his "big beautiful bill." He claims it will rebalance the tax spend ratio. The CBO disagrees. You can expect him to fire members of the CBO who disagree with the Felon in Chief. trump cannot stand anyone who does now bow at his feet. The CBO is not believing his lies. Tax cuts to the wealthy will bankrupt this country. Maybe that has been his plan all along?

So Germany is your country jimboliar?

 

[Kilroy2]

Deutsche Bank has been Trumps go to bank in his early years in NYC. They are close

So the article says either reduce debt (Spending) or increase GDP

rebalance the debt-to-GDP ratio

DUH

where have we heard that before

Yeah but who has been the president for most of that time

. The Trump administration significantly cut funding for flood prevention projects in blue states across the country while creating new water construction opportunities in red states,

The 2017 Tax Cuts and Jobs Act (TCJA), signed by then-President Trump,

favoring the rich and corporations like his

They are due to expire this year and guess what kiddies

He is at it again

Democrats sound alarm as Trump cuts flood prevention projects in blue states

The Trump administration significantly cut funding for flood prevention projects in blue states across the country while creating new water construction opportunities in red states, undoing a Biden-era budget proposal that would have allocated money more evenly, according to a data analysis...

www.yahoo.com

 

[elektra]

The douche bank is in financial trouble, seems all it's green investments were bad investments

 

[CrusaderFrank]

https://finance.yahoo.com/news/u-economy-experiencing-death-thousand-104325496.html

The Trump administration argues that the bill will actually help rebalance the debt-to-GDP ratio. Administrations have two choices to bring the balances into order: reduce the debt or increase GDP.

They say extending the tax cuts will do the latter, arguing their bill will raise short-run real GDP by 3.3 to 3.8% and long-run real GDP by 2.6 to 3.2%.

The Congressional Budget Office (CBO) disagrees. In an April report, the nonpartisan analyst organization stated that if provisions of the 2017 tax act were extended, thus lowering tax revenues, and with no other changes made to fiscal policy, public debt would reach 220% of GDP by 2025.

But trump continues to push his "big beautiful bill." He claims it will rebalance the tax spend ratio. The CBO disagrees. You can expect him to fire members of the CBO who disagree with the Felon in Chief. trump cannot stand anyone who does now bow at his feet. The CBO is not believing his lies. Tax cuts to the wealthy will bankrupt this country. Maybe that has been his plan all along?

It’s 2025 and GDP is $28T, Debt $36 T; 36/28 =/= 220%

 

[dudmuck]

The douche bank is in financial trouble, seems all it's green investments were bad investments

 

[CrusaderFrank]

https://finance.yahoo.com/news/u-economy-experiencing-death-thousand-104325496.html

The Trump administration argues that the bill will actually help rebalance the debt-to-GDP ratio. Administrations have two choices to bring the balances into order: reduce the debt or increase GDP.

They say extending the tax cuts will do the latter, arguing their bill will raise short-run real GDP by 3.3 to 3.8% and long-run real GDP by 2.6 to 3.2%.

The Congressional Budget Office (CBO) disagrees. In an April report, the nonpartisan analyst organization stated that if provisions of the 2017 tax act were extended, thus lowering tax revenues, and with no other changes made to fiscal policy, public debt would reach 220% of GDP by 2025.

But trump continues to push his "big beautiful bill." He claims it will rebalance the tax spend ratio. The CBO disagrees. You can expect him to fire members of the CBO who disagree with the Felon in Chief. trump cannot stand anyone who does now bow at his feet. The CBO is not believing his lies. Tax cuts to the wealthy will bankrupt this country. Maybe that has been his plan all along?

Wait, isn't that the bank that got conned by Trump into making a loan that he repaid in full?