Economic optimism soars, boosting Trump's approval rating: CNBC survey

Why are you judging Obama's entire performance on jobs based on just three months?

Cherry picking at its grossest.

 

A one year budget surplus not an eraser of nationl debt and it was a beneficiary of the dot come bubble which could withstand higher taxes for that short period of time. Not to mention Reagan's peace dividend that Clinton enjoyed as he cut military spending.

 

Sure, let's run up the debt on our grandchildren so you can get your "share".

Pretty much sums up most conservatives.

 

No, but for the first time in decades the total debt decrease by about $100 billion in 2000.

There was a great trend until the Republicans got control of the WH and squandered the surplus on military spending and tax cuts for the rich after they claimed they wouldn't cause deficits.

Sound familiar?

 

Bruce Bartlett-
"These differences are essential to understanding why Reagan’s policies worked when they did — and why they are not appropriate today.

All of the evidence tells us that the economy’s fundamental problem today is not on the supply side but the demand side. According to a recent study by Credit Suisse, two-thirds of the difference in growth at this point in the business cycle, compared with previous cycles, is due to slower consumer spending. And low inflation — as well as widespread unemployment, vast stocks of unsold houses, empty factories and other indicators — tells us that money is tight, not loose, as was the case in the late 1970s."

https://www.washingtonpost.com/opin.../gIQAQRb6mQ_story.html?utm_term=.766c5952d0c3

 

What they'll have to do is get rid of the high expense of immigration and cut money to people who never earned a dime.

I want my money. It will force the government to cut spending later and that's a really good thing.

 

Trump tweeted after the train crash today an overhaul for Americas infrastructure. Good luck doing that cutting taxes.

 

Same old song from the conservatives. Then they run up the debt.

 

Exactly right. Unlike 1981, which was largely a function of the Fed clamping the brakes on the money supply, there are trillions laying around available for investment but the anemic demand does not justify investment for expansion.

Plus our tax system greatly favors investing for capital gains over earning and production.

 

The debt didn’t decrease in 2000 and there wasn’t a surplus either.

 

competing by raising labour costs? I mean allt hose companies opening factories in third world countries are doing so because they can avoid paying US taxes. Who knew?

Trickle down has NEVER worked. It does up the deficit, doesn't up wages and increases the wealth gap dramatically. Yep all to the benefit of the "fly overs".

 

You've been mislead by RW propaganda again. The total debt did decrease in 2000, by $116 billion dollars:
ftp://ftp.publicdebt.treas.gov/opd/opds122000.pdf

It's the only time that has happened in decades, and quickly squandered by the Repubicans when Bush was selected with their tax cuts and military spending.

More RW propaganda.


Source: https://www.cbo.gov/sites/default/files/recurringdata/51134-2017-06-historicalbudgetdata.xlsx

 

But you know the debt went up massively when Reagan was prez, right?

 

Yes, the numbers are moving.........towards a larger deficit and national debt.

https://www.cbo.gov/system/files/11...estimate/reconciliationrecommendationssfc.pdf

 

Out of 42 top economists, only 1 believes the GOP tax bills would help the economy
But all of them think it will increase the debt.

https://www.vox.com/policy-and-politics/2017/11/22/16691016/economists-gop-tax-plan-igm-poll

 

now you have moved the goal posts. The national debt increased in 2000. And it is true that there was a surplus in the general fund, but some of that money was excesses from trust funds, social security, etc. which by law the government had to take from the funds in exchange for issued securities that added to intergovernmental holdings. Insteading of stashing this cash, that would need to be payed back with interest at some point in the future, bill put it in the checking account and called it a surplus. It would be like borrowing against your home, putting it in the checking account and calling it a surplus. But the fact is, the national debt increased every single year under Clinton.

 

Tell the working class in February that they shouldn't be getting any extra money in their paychecks.

 

Trump's approval is at it's lowest since he took office

https://www.realclearpolitics.com/epolls/other/trump_favorableunfavorable-5493.html

 

At a FAR slower rate than under any President since Eisenhower

 

They're happen to run up the debt too. But millions of them won't be getting a dime in tax cuts, and most the rest a couple crumbs.

 

Care to explain how bringing in more tax revenue increases the deficit?

 

Winning the cold war was expensive but worth every dollar and led to decades of peace and prosperity.

 

Which is an entirely different subject than tax relief and the resulting increased tax revenue as a result.

 

I'll tell them that they will have more job opportunities which is even better.

 

Thanks to the Republican revolution in Congress. Good job guys.