Trump now responsible for fastest deficit growth in US history - Page 2 - GoFuckYourself.com

MaDalton · 03-09-2019, 11:16 AM

Quote:

Originally Posted by StefanG

https://www.washingtonpost.com/news/...=.0549a5ddd7ce

just saying..

I understand that no Trumpist wants to answer about this, i even remember some of you defending Donny that he actually would be able to pull this off. Even though no sane economist supported him on that.

for good reason - as we can see now

Acepimp · 03-09-2019, 11:16 AM

Quote:

Originally Posted by RedFred

Trump is seriously fucking this country up while the economy is still somewhat good (thanks Obama)

^^ Yeah, 3 years later it's all because of Obama. LOL! You are truly delusional. I thought Obama said the jobs weren't coming back...? Explain.

BrainDeadFred is a delusional, brainwashed lunatic.

Obama increased the debt more than ALL OTHER PRESIDENTS COMBINED.

MaDalton · 03-09-2019, 11:20 AM

Quote:

Originally Posted by Acepimp

^^ Yeah, 3 years later it's all because of Obama. LOL! You are truly delusional. I thought Obama said the jobs weren't coming back...? Explain.

BrainDeadFred is a delusional, brainwashed lunatic.

Obama increased the debt more than ALL OTHER PRESIDENTS COMBINED.

Trump inherited a booming economy and is only doing his "magic" for 2 years, he still can beat Obama (which seems to be his goal in everything else he does - maybe also in this)

RedFred · 03-09-2019, 11:23 AM

Quote:

Originally Posted by Acepimp

^^ Yeah, 3 years later it's all because of Obama. LOL! You are truly delusional. I thought Obama said the jobs weren't coming back...? Explain.

BrainDeadFred is a delusional, brainwashed lunatic.

Thinks his cult leader has been in office for 3 years, calls others delusional.

Acepimp · 03-09-2019, 11:25 AM

Quote:

Originally Posted by RedFred

Thinks his cult leader has been in office for 3 years, calls others delusional.

The economic boom started right after election day, genius:

beerptrol · 03-09-2019, 11:44 AM

Everything Chump touches turns to shit!

Acepimp · 03-09-2019, 11:50 AM

Quote:

Originally Posted by beerptrol

Everything Chump touches turns to shit!

What is that claim based on? Post the data

RedFred · 03-09-2019, 11:57 AM

Quote:

Originally Posted by Acepimp

The economic boom started right after election day, genius:

If you actually lived in America you would know the economy a little more than some bullshit you read on a Russian propaganda made meme.

BaldBastard · 03-09-2019, 12:24 PM

Foxnews is even waking up your countries being bankrupted.

https://www.foxbusiness.com/economy/...n-seem-to-care

The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care.

Trump’s budget arrives as the latest Treasury Department figures show a 77 percent spike in the deficit over the first four months of the budget year, driving by falling revenues and steady growth in spending.

Trump’s 2017 tax cut bears much of the blame, along with sharp increases in spending for both the Pentagon and domestic agencies and the growing federal retirement costs of the baby boom generation. Promises that the tax cut would stir so much economic growth that it would mostly pay for itself have been proved woefully wrong.

Bladewire · 03-09-2019, 05:10 PM

Trump supporters will say this is a good thing.

180,000 jobs expected last month but only 20,000 created

Fastest deficit growth in history

Q4 2018 -$3.7 trillion largest drop in household wealth since 2009

2018 was the worst year for stocks since 2009

The DOW and S&P500 had their worse December since 1931.

Largest deficit in history

December's NASDAQ was the worst in it's history

Record number of farmers going bankrupt

Record 7,000,000 people 90 days or more behind on car payments

We have a RECORD trade deficit with China despite the tarrifs.

US households see biggest decline in net worth since the financial crisis

Americans' net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet.

Net worth dropped to $104.3 trillion as the year came to an end, a decrease of $3.73 trillion from the third quarter, according to figures released Thursday by the Federal Reserve. The fall amounted to a drop of 3.4 percent.

Much of the slide came due to Wall Street's woes, as the stock market suffered a precipitous decline that started in October and briefly reached bear market status. Equities skidded as investors began to fear that the Fed would keep raising interest rates even as economic conditions began to deteriorate.

By the time the market drop ended in late December, households saw $4.6 trillion worth of equity value deteriorate. The decline was offset somewhat by a $300 billion increase in real estate value. The overall move was the second-highest quarterly dollar drop since the Fed began tracking the statistic.

Overall, financial assets totaled just more than $85 trillion at the end of the year, while real estate value was $29.2 trillion.

Household net worth has been rising strongly since the crisis and is up 73 percent since 2009.

After suffering their worst Christmas Eve in history, stocks staged a turnaround and ultimately saw their best two-month start to a year since at least 1991. The Dow Jones Industrial Average is off about 1.6 percent in March though still up more than 9 percent year to date.

The fall in net worth came during a quarter when GDP rose 2.6 percent, according to a first estimate. That was part of a year that saw growth near 3 percent despite a lackluster period for financial markets. Economists largely expect 2019 to start with little growth in the economy, as the Atlanta Fed sees GDP up just 0.5 percent.

TheSquealer · 03-09-2019, 06:09 PM

Facts

Acepimp · 03-09-2019, 06:18 PM

Quote:

Originally Posted by RedFred

If you actually lived in America you would know the economy a little more than some bullshit you read on a Russian propaganda made meme.

You mean the meme that shows a CHART with actual data?? Prove it wrong

TheSquealer · 03-09-2019, 06:20 PM

March 2019, Dept of Labor.

Facts.

BaldBastard · 03-09-2019, 09:46 PM

Quote:

Originally Posted by TheSquealer

March 2019, Dept of Labor.

Facts.

So why is it jobs jobs jobs now when previously it was phony, phony , phony ?

pimpmaster9000 · 03-10-2019, 02:00 AM

Quote:

Originally Posted by Acepimp

The economic boom started right after election day, genius:

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus

but then again, red hats do not have the brains to read charts and this will only confuse you more

(it makes what you posted look like a complete lie)

TheSquealer · 03-10-2019, 06:54 AM

thommy · 03-10-2019, 11:59 AM

Quote:

Originally Posted by RedFred

If you actually lived in America you would know the economy a little more than some bullshit you read on a Russian propaganda made meme.

this is the result when people think they can read the economy in the stocks market.

but don´t even try to explain that to those idiots. they don´t have any clue. they MIGHT know that the 2008 crash was caused from circumstances LONG before 2008 - but they forgot to look at the stocks market 6 month to 1 year BEFORE that crash.

infact the 2008 crash was predictable in 2006 for me already and i am pretty sure that the real hardcore insiders knew it even 2 years earlier.

and this could work til the end because there are so many asspimps and onetalklows around with no fucking idea of what they are talking about.

Acepimp · 03-10-2019, 12:11 PM

Quote:

Originally Posted by crucifissio

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus

but then again, red hats do not have the brains to read charts and this will only confuse you more

(it makes what you posted look like a complete lie)

LOL! That chart doesn't even show 2016. Yes of course it grew steadily after 2009, but then it leveled off for the 2 years before Trump was elected. Then a huge spike when he won.

King Mark · 03-10-2019, 12:11 PM

Quote:

Originally Posted by crucifissio

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus

but then again, red hats do not have the brains to read charts and this will only confuse you more

(it makes what you posted look like a complete lie)

Lmao....

Bladewire · 03-10-2019, 12:31 PM

Quote:

Originally Posted by beerptrol

Everything Chump touches turns to shit!

↑↑↑ Truth

OneHungLo · 03-10-2019, 02:29 PM

Quote:

Originally Posted by crucifissio

this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus

but then again, red hats do not have the brains to read charts and this will only confuse you more

(it makes what you posted look like a complete lie)

Yeah because people actually thought Trump had a chance back in 2015! LOL so desperate.

pimpmaster9000 · 03-10-2019, 02:50 PM

Quote:

Originally Posted by OneHungLo

Yeah because people actually thought Trump had a chance back in 2015! LOL so desperate.

Nobody knew...the market reacts...an idiot may come to power...and he did LOL

OneHungLo · 03-10-2019, 03:05 PM

Quote:

Originally Posted by crucifissio

Nobody knew...the market reacts...an idiot may come to power...and he did LOL

No the market didn't react to Trump not even having a snowball's chance in hell of winning. The reaction came the night he pulled off a shocking win. and it reacted positively because it realized Trump's plan. Face it, you're wrong. You know it - I know it.

Paul Markham · 03-11-2019, 05:44 AM

So stop bitching about getting tax rebates. Your country is sinking into debt, pay your way.

pimpmaster9000 · 03-11-2019, 06:40 AM

Quote:

Originally Posted by OneHungLo

No the market didn't react to Trump not even having a snowball's chance in hell of winning. The reaction came the night he pulled off a shocking win. and it reacted positively because it realized Trump's plan. Face it, you're wrong. You know it - I know it.

no he was one of 2 candidates representing the only 2 parties you have...and the other candidate was liquid feces...to say he did not have any chance is wrong, 53 milion people voted for him...3 million less than for liquid feces...to say he had no chance when he got 50 million votes is just desperate...the stock market tanked when he began to run for potus

03-09-2019, 11:44 AM	#56
beerptrol Confirmed Asshole Industry Role: Join Date: Feb 2003 Location: Half way between sobriety and fubar. Posts: 12,722	Everything Chump touches turns to shit! __________________ “If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.” -- Ulysses S. Grant

03-09-2019, 05:10 PM	#60
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Trump supporters will say this is a good thing. 180,000 jobs expected last month but only 20,000 created Fastest deficit growth in history Q4 2018 -$3.7 trillion largest drop in household wealth since 2009 2018 was the worst year for stocks since 2009 The DOW and S&P500 had their worse December since 1931. Largest deficit in history December's NASDAQ was the worst in it's history Record number of farmers going bankrupt Record 7,000,000 people 90 days or more behind on car payments We have a RECORD trade deficit with China despite the tarrifs. US households see biggest decline in net worth since the financial crisis Americans' net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet. Net worth dropped to $104.3 trillion as the year came to an end, a decrease of $3.73 trillion from the third quarter, according to figures released Thursday by the Federal Reserve. The fall amounted to a drop of 3.4 percent. Much of the slide came due to Wall Street's woes, as the stock market suffered a precipitous decline that started in October and briefly reached bear market status. Equities skidded as investors began to fear that the Fed would keep raising interest rates even as economic conditions began to deteriorate. By the time the market drop ended in late December, households saw $4.6 trillion worth of equity value deteriorate. The decline was offset somewhat by a $300 billion increase in real estate value. The overall move was the second-highest quarterly dollar drop since the Fed began tracking the statistic. Overall, financial assets totaled just more than $85 trillion at the end of the year, while real estate value was $29.2 trillion. Household net worth has been rising strongly since the crisis and is up 73 percent since 2009. After suffering their worst Christmas Eve in history, stocks staged a turnaround and ultimately saw their best two-month start to a year since at least 1991. The Dow Jones Industrial Average is off about 1.6 percent in March though still up more than 9 percent year to date. The fall in net worth came during a quarter when GDP rose 2.6 percent, according to a first estimate. That was part of a year that saw growth near 3 percent despite a lackluster period for financial markets. Economists largely expect 2019 to start with little growth in the economy, as the Atlanta Fed sees GDP up just 0.5 percent. __________________ Skype: CallTomNow

03-09-2019, 06:09 PM	#61
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,187	Facts __________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

03-09-2019, 06:20 PM	#63
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,187	March 2019, Dept of Labor. Facts. __________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

03-10-2019, 06:54 AM	#66
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,187	__________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

03-09-2019, 12:24 PM	#59
BaldBastard Too lazy to set a custom title Industry Role: Join Date: Jan 2001 Location: Sydney Posts: 16,134	Foxnews is even waking up your countries being bankrupted. https://www.foxbusiness.com/economy/...n-seem-to-care The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care. Trump’s budget arrives as the latest Treasury Department figures show a 77 percent spike in the deficit over the first four months of the budget year, driving by falling revenues and steady growth in spending. Trump’s 2017 tax cut bears much of the blame, along with sharp increases in spending for both the Pentagon and domestic agencies and the growing federal retirement costs of the baby boom generation. Promises that the tax cut would stir so much economic growth that it would mostly pay for itself have been proved woefully wrong.

03-11-2019, 05:44 AM	#74
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	So stop bitching about getting tax rebates. Your country is sinking into debt, pay your way. __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70