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for good reason - as we can see now |
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BrainDeadFred is a delusional, brainwashed lunatic. Obama increased the debt more than ALL OTHER PRESIDENTS COMBINED. :pimp |
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https://i.imgur.com/wQkKj3N.jpg |
Everything Chump touches turns to shit!
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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. :1orglaugh |
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. |
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. |
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March 2019, Dept of Labor.
Facts. https://pbs.twimg.com/media/D1JPPSAXgAAdyyQ.jpg https://pbs.twimg.com/media/D1JMY7QW0AAfGYg.jpg https://pbs.twimg.com/media/D1JKkEBX0AI6VzT.jpg |
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http://www.baldbastard.com/jobs.png |
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this is the actual chart of obamas entire presidency, the blue arrow shows where trump announced he was running for potus :1orglaugh:1orglaugh:1orglaugh but then again, red hats do not have the brains to read charts and this will only confuse you more :1orglaugh:1orglaugh:1orglaugh (it makes what you posted look like a complete lie) https://www.tradingview.com/x/eRncGS3I/ |
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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. |
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https://i.imgur.com/rL536Q8.jpg :1orglaugh :1orglaugh |
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So stop bitching about getting tax rebates. Your country is sinking into debt, pay your way.
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