I hope China declares total economic war!!!!

I know tariffs are hardly some new concept dating back to 1786 and have been used many times since.. If you actually knew anything about tariffs you wouldn't be so scared of them

 

well your right, trump doesn't have to act Presidential, but it would would be nice if he did

 

We are about to find out now that Congress has his bank records.

 

I will tell you exactly what you will find once the appeals are done. Nothing you didn't already know.

 

No appeals. They got them.
This may be easier than I thought.

 

That would be your first clue that what they have isn't a serious threat to the Trump presidency.

 

Hee hee.
It's Pence that's as pure as Snow White, not individual 1.
Off for the taxes now.

 

You want to punish the American people for Trump's activities? Gee, thanks. Do you think before you write?

 

1.8% average with the great recession is actually rather good, you know that, don't you?
Now the huge boom, 3% and more from the tax and deregulation and what so ever, just produced under 3% and a record deficit.
The trade wars, what good did they do, the gap is still opening and we pay more, what ever we buy, even US made goods and the tariffs have to be used to bail out US industries hit by counter tariffs.
I just ordered Made in the US electric boards for coin mechanism, they were last year $50, they are now $75. How is that ?
3% will not happen, The US economy is running full steam, as we are told, full employment, as we are told, that's it.
Were are the additional percentage points supposed to come from?

 

I love the way that Democrats always root for the bad guys against the US. They are sooo unAmerican.

 

And we gave Mr. Obatard 8 trillion to prop this country up and kick start it and all the money was pissed away and bought nothing but his re-election and some dumb ass Obama phones..

Your late to the party and all this has been hashed out AT length. He inherited had a failing economy and eight trillion later he left the next guy with a failing economy..

God Bless Trump, he's spent a fraction of Mr. Obatard had at this point and improved the economy almost double what the last stooge said was the new norm..

 

I'll keep this simple for you:

China exports about $500 billion in goods to the USA every year
The USA exports about $200 billion in goods to China every year

That's a $300 billion a year trade deficit in China's favor.

In what way would the overall US economy suffer.

If the Chinese were to cash in all of those treasuries at once, the effect would be to devalue the dollar on the world market which would help the US export more products at a lower price.

In what way do you think the USA could possibly lose any kind of trade war with China? Please explain

If you check out the true situation, you'll find that China is the entity using strong-arm tactics while President Trump has been quite the diplomat.

Did you notice a few weeks ago when NK fired two missiles about three hundred miles into the Sea of Japan - the US repsonse was to fire two missiles that traveled about 4,000 and 8,000 miles respectively. think Kim got the message? https://www.rt.com/news/458995-north-korea-us-missile-tests/

 

The rumor is that there's a run on some banks in China.

https://twitter.com/DoveyWan/status/1131900323273019392

 

Fact is when Obama took over the economy was tanking in the worst way possible.
700,000 per month were lost, just think about that !!
That was quiet some feet to stop that within a year. Like Obama or not, but that was something.
Well,you know that the current guy got himself a very stable economy, when he took over.
He tried to prop it up even more, with his tax thingy, it did not work. The economy just wen along on its upwards trend and than stalled out under 3%, adding billions to the deficit.
Normaly when a economy is that good, the country should make a profit.
How come it makes a gigantic deficit?
It should a very profitable country, making record braking profitd
How come, with the most stable genius, at the helm.

 

Ya-ya old news, still doesn't dismiss the fact that 8 trillion and eight years and never performed better than a 1.6% economic growth and couldn't even make good on his "Shovel ready jobs". But hell I'm game, how about you tell us all how Mr. Obatard spent the money and what jobs he manage to create over his eight years of 1.6% economic recovery

Shouldn't be to hard if you ignore the 11 million displaced workers that exhausted their unemployment benefits and simply ended up on skid row and were classified as fully employed, now that's your Mr. Obatard recovery in a nut shell. Bought and payed for by national debt, smoke and mirrors..

 

Because the US is basically bankrupt. It can only pay its interest on the debt, no principal and the debt is still growing and growing. despite a very good economy.
If China call just 1% of the US debt, the US will fold, or any other entity which holds US debt.

Simple as that.

 

Was it not in your last reply 1.8% ?
Be consistent, please.
Fact is when Obama took office, the US economy lost 700,000 jobs per month, which is a rather wild number, don't you agree ?
That was turned around with in 1 year, with job gains. Rather amazing, don't you think so.
That was a feat and it cost under a billion, 700 billion was the packet, I know you remember that one.
Don't you ?

 

I hope North Korea nukes our West Coast!

 

There is no consistency, you can range from 1.5 to 2.2% depending on where you look. I generally 1.6 to 1.8% depending how generous I feel at time of post

And that's a pretty crappy explanation as how Mr. Obatard saved the U.S. considering 11 million workers were displaced and never recovered employment. A top that, Mr. Obatard biggest job growth was service sector, you know, like, "DO YOU WANT TO SUPER SIZE THAT FOR A DOLLAR"

 

Short memory?
For 8 years, the Dems were the party of the Wall St Bankers.

 

Yup, he doled out trillions to prop up banks and put money in to the economy and they did what bankers do and BANKED IT

Quantum Easing baby, or better known as tender boning!

 

That's because the IRS has already gone over them

 

This will be the first time they have had both taxes and bank account in the same place.
Think they are gonna match?

Shades of Paul Manafort.

 

Well they will certainly match the corresponding years he was audited wont they You actually think the IRS didn't have access to all his holding and finances under an audit?

 

They aren't mind readers. They only have the forms and required reporting.
How do you think they got Manafort?