2018: Feds Collect Record Individual Taxes

yeah... but the GDP rate aint up by 68%. Just 1.19%. And Trump did that by borrowing a trillion bucks.
I still like to know how and when he is going to repay this debt he created.

 

GDP GROWTH is up 68%.

Obama ran up the Federal Debt in 2016 by over a trillion in his final year in office, or $1,054,647,941,626.91 and only managed to eek out 1.6% GDP growth.

Now Trump's debt growth has been 9% higher, but, his GDP growth rate has been 68% higher. And that's the key change we have seen since Trump took over, finally, our economy is growing faster than our debt, and that is what we needed.

 

No. Cherry Picking is using a subset that does not represent the whole set. I used the WHOLE set of Trump's full quarters.

You are the one trying to claim that an entire set is a subset. Furthermore, inflation and seasonal adjusted annualized numbers were most certainly used, making the figures directly comparable, you simply don't like the obvious results of the comparison. Trump's good at this, Obama wasn't.

I'm "ruining your children's life"? Have you completely lost your mind? I wouldn't know your children from Adam, I have zero effect on them, you have taken complete leave of your senses, apparently because Trump's GDP growth is so much better than Obama's? Couldn't you put your petty partisanship aside for just a moment and simply be happy for the American People?

Yeah, there will be a recession in the future, in fact there will be many of them. This is a fresh new thought for you? It's sad what has become of the left, they remind me somewhat of the 1972 McGovernites when they got into a contest to see who could be the craziest.

Oh well, it'll pass and you'll be happy again some day!

 

Oh yeah, I remember them humble bragging during the Bush tax cuts about how rich they were and how much they wish that they wouldn't have gotten a taxcut, because they thought they should pay more taxes. Well, we were taking notes! Now they got one deduction for the upper tax brackets capped and you would think they had an arm amputated!

Loving it!

 

It is basic math. Lefties are more about envy and hatred than actual policies.

 

meaning the GDP itself is just up by 1.19%

because of the world wide economic crises cause by that GOP "leader" called GWB.

I still like to know how and when he is going to repay this debt he created.

 

Bunk, if you're referring the the Housing Crisis, Bush tried to rein it in but was stopped by Congressional Democrats. See the Community Reinvestment Act, the roots of the problem go back to Carter and Clinton. The government basically made it illegal for banks to properly evaluate home loans, all in the name of fairness. Obama's buddies at ACORN were suing lenders for racism who didn't want to lend to unqualified borrowers.

 

The mortgage crisis has to do that banks swindled with bundeling mortgages in such a way that nobody knew the risk involved. GWB let it all happen under his watch.

 

''Farm sector equity—the difference between farm sector total assets and total debt—is predicted to rise 1.1 percent in 2019 to about $2.65 trillion ..."

https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/assets-debt-and-wealth/




Thankfully, the government has a brand of affirmative action programming which allows this industry to have such massive debts which are bailed out every year by you the taxpayers.

So where are the complaints from forum right wingers???

 

I am not a right winger, but I strongly oppose many agriculture subsidies. Specifically those that contribute to our fat and sick society. Unfortunately, food and drug companies have their friends in the FDA.