TRUMP'S RISING DEBTS WILL SOON FORCE THE U.S. TO SPEND MORE ON INTEREST THAN MEDICAID, DEFENSE

GDP growth has more than doubled under Trump. Pretty pretty damned dishonest of you to pretend that you thought I meant that the Federal Economy had doubled. Twisting another's meaning by strict interpretation when you know damn well what is being communicated is a hostile listening style, passive aggressive and strong indicator of low testerone. Do yourself a favor and get yours checked.

What about the Federal Debt?

On the day Trump took office it was $19,947,304,555,212.40
Today, 661 days later it stands at $21,733,425,227,728.40

661 days before Obama-The-Unfortunate left office it was $18,152,056,197,489.20.

You're complaining about Trump's debt increase yet it's $9,127,685,207.20 less than Obama's over the most similar measurement period possible, and Trump doubled the growth of GDP. Of course, that is why Trump has reduced the Debt to GDP ratio. Double the GDP growth rates with less spending will always get you going in the right direction!

I provided you a link to the US Treasury that allows you to double check the debt figures, so why the confused act?

 

Trump's trying to find it by increasing GDP growth and tariffs.
I'm onboard with that an with the Federal Government selling off assets. They own all kinds of crap that they don't need to own that also has annual upkeep costs.

So there's my top 3. What's your top three?

 

If trump had cut spending you’d be crying about taking food out of the mouths of welfare babies

 

Pay down the debt, How?

Sep 2018 budget surplus; $119 billion

Sep 28, 2018 debt to the penny; 21.516 trillion
Oct 31st, 2018 debt to the penny; 21.702 trillion
an increase of $186 billion


What are they doing with our monthly surpluses when we have some....I'm wondering?

 

You don’t understand the question. What are the two ways that the economy grows.

Supply side economic policies grow the economy at 3X Obamanomics with regard to real productivity growth which is the metric indicative of increases in the standard of living.

 

Trump knows that the rich can move there money arounf the world and he wants the meney here

 

Please don’t assume you know my fiscal positions. I am more fiscally conservative than any of you new cons.

If you have an argument then make if, if not then tell your assumptions to someone that cares.

 

Read the roadmap. The financial analysis is contained in it. BTW you are confusing the initial startup with the continuing program. It helps to closely read the entire document.

 

And we see another leftie with no clue how government works. Buy a civics book and read it.

 

Too funny. Your prices are dependent on the corporate or individual tax rates if you use the pass through method. Your customers pay your business taxes.

 

I don’t make assumptions about what other posters say, there are quite a few people here that will blindly believe anything Facebook posts. You can call it dishonest or passive aggressive to take what you say at face value - I will call it reading comprehension and integrity.

The highest ever deficit figure recorded during Obama’s presidency was around $1.55 trillion in 2009, when the government responded to the 2008 financial crash with a huge stimulus package to kickstart an economic recovery.

The Obama administration ran a deficit above $1 trillion for the next three years. By the time the president left office, the deficit sat at $666 billion. The lowest figure achieved during his presidency was $438 billion in 2015.

Trump seems to have lost interest in the deficit as soon as he won the presidency. Once the deficit crosses the $1 trillion mark again, the Trump administration expects it to stay there for three years.

For the current budget year, the White House is projecting a total deficit of $890 billion, which would be the highest figure for six years. This would be 33.7 percent up from last year’s deficit.


Trump also promised to start balancing the books immediately but has so far concentrated on golf and Twitter.

 

So we gave tax cuts to the people that are just going to shift it out of the economy?

Well that’s genius!

 

Prices are dependent on the market and competition.

Tell me, with the much lower cost of corporate taxes - how many companies have lowered their prices?
I know we haven’t. Nor has our competition.

 

WTF are you talking about facebook for?

And WTF are you talking about a near decade ago for?

He's done a better job on the Federal Debt than Obama did and you say Obama had things nicely in hand in his second term. Over Trump's entire presidency he has run up LESS debt than Obama's final equivalent, even though the Fed is raising rates.

You hate the man and can't give him credit even though he has doubled GDP growth even while reducing the rise in the Federal Debt. So, enjoy your Trump hate, but it doesn't replace facts.

 

The GDP was already increasing, I have seen zero policy enacted by this man that has caused even a blip on that rise. He inherited an economy that was on the rebound. He simply did not destroy it - which is something to be said for someone that has gone through bankruptcy 6 times.
What specifically has he done to help the country?

Do you understand the difference between debt and deficit?

And yes, I hate him and what the cons have decided to stand for. They have abandoned all principles and morals to pander fraudulent views and manipulation.

 

You should. You would gain market share and still make the same profit. In highly competitive markets prices are lowered.

 

That's non-responsive to the fact that Trump doubled the growth rate.

Obama's last 6 quarters produced the following annualize growth rates:

4th 16 - 1.8%
3rd 16 - 1.9%
2nd 16 - 2.3%
1st 16 - 1.5%
4th 15 - 0.4%
3rd 15 - 1%
A rather dismal average of 1.48% Which you're thrilled with, even as you turn your nose up at Trump more than doubling this.

Trumps GDP
3rd 18 - 3.5%
2nd 18 - 4.2%
1st 18 - 2.2%
4th 17 - 2.3%
3rd 17 - 2.8%
2nd 17 - 3%
A very nice performance of 3.00% over all of Trump's full quarters.

That's because you are clueless as to the purpose of the US Economy, so you wouldn't know a GDP growth policy if it gave you an enema.

Blithering horseshit. Over Obama's final 3 quarters Real GDP growth retarded by 22%.

Over Trump's last 3 quarters Real GDP growth has climbed 59%

What a pile of crap. Our Party was supposed to be a coalition and when the Establishment bastards won, we supported them. We supported both Bush's, Dole, Romney and McCain. And when the Base's choice beat the establishment's choice we found out that we weren't actually a coalition at all.

Enjoy your new friends on the Left, because we Elephants will never forget your betrayal.

 

Number 1;

I'm one step below a VP position for an international/American based multi-billion company, and my CFO recently published his own health care cost based analysis, and his conclusion; Medicare Part A and B For All would save the company over $25 million dollar annually, and most employees would also save money.

If finance through a payroll tax, our premium's tax exclusion would also be eliminated, thus, Uncle Sam would end up saving over $150 billion in subsidies.

Honestly, I support Medicare Part A and B for all, but not for compassionate reasons.

Number 2;

My youngest sister, a nurse, is married to a Canadian Dentist, household income; $375,000, Kelowna B.C. property valued $1.25 million, NO MORTGAGE INTEREST DEDUCTION.

Thus, if my sister and her Canadian husband are fully capable of paying their mortgage without Uncle Trudeau's help, why should Uncle Sam subsidize an American couple earning same income?

Number 3;

I've already donated my tax cuts, and then some, over $8,000, cash and in-kind, thus, I don't need a tax cut, therefore, please raise my effective tax rate back to what it was (at 22%) , and then, change our infrastructure report card from a D- to a C+.

But wait, before you call me a liberal, my number 4, 5, 6, 7, and 8 are considered far right proposals.

 

So- Increase the Payroll Tax

So - eliminate the mortgage deduction

Raise income taxes.

Trump's limited the mortgage deduction for high income folks. You apparently prefer high taxes and sub 1.5% GDP growth rates to 3% GDP growth rates, but then you have a high position in a multinational company.

Trump's improved our Debt to GDP ratio and we should see increased tariff taxes, so we can pick this back up after we have more data to see if Trump's program continues to show improved results over the higher tax-rates and Obama level GDP that wasn't getting the job done.

 

Hmm what do you think would be a good compromise?

So we won't see any wild spending under the Democratic Congress?

 

Correction; Raise taxes, and then increase infrastructure spending....a proposal supported by my local Chamber Of Commerce.

Quote: "Trump's improved our Debt to GDP ratio"

No country sets goal of reducing their Debt to GDP ratio by less than 1%, that's an irrational goal.

 

Feel free to list some of Trumps programs that boosted the economy.

Comparing a presidency gdp during an economic downturn (cause by loosing regulations on too big to fail) to a presidency in full economic growth takes some extreme mental gymnastics — too bad we couldn’t use that energy to supply continued power to the US - we could go green today.

What does the new con party support exactly? I know y’all are no longer fiscally conservative, so just lackeys to corporate donors, freedom of (your) religion and pro pollution. What a wonderful party platform.

 

You have refused to answer numerous questions and cannot discuss the topic. Bye.

 

You've most likely read said document several times, thus, in your own words, answer my question.

 

I understand your emotional response, but I can dislike the guy while recognizing the burden he lifted from the shoulders of America's businesses.

If you want to talk about fraudulent views, I live here in your parties petri dish. At the end of my work day, the government gets more of my hard-earned money than I get to keep. We pay high taxes under the guise of helping the less fortunate, but we are still the poverty capitol of the US.