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Started By
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re: Apparently Trump believes that gains to the stock market go towards the national debt
Posted on 10/12/17 at 2:53 pm to Y.A. Tittle
Posted on 10/12/17 at 2:53 pm to Y.A. Tittle
quote:
Isn't Paul Krugman a big champion of this general notion with regard to the national debt?
Only if it is growth due to a wave of a magic wand.
Actual growth is only grudgingly tolerated.
0
Posted on 10/12/17 at 2:53 pm to mwade91383
quote:
What was the purpose of his comment? Read between the lines for us and tell us what he's trying to convey to you.
The purpose of his comment is that a good economy in the United States is good for the United States
There. Do you get it now?
Its not complex stuff
Posted on 10/12/17 at 2:53 pm to mwade91383
quote:
Read between the lines for us and tell us what he's trying to convey to you.
What? You don't have a Trump secret decoder ring?
Well there's your problem! You're trying to use the DNC/MSM Political Complex read between the lines to slander your opposition guide!
Posted on 10/12/17 at 2:57 pm to Giant Leaf
quote:
The purpose of his comment is that a good economy in the United States is good for the United States
I mean it seems patently obvious to me, but I'm not suffering from a syndrome - at least none I'm aware of offhand.
Posted on 10/12/17 at 2:57 pm to CommoDawg
Frankly Trump doesn't look bad in this instance, in my opinion; it's Hannity that looks terrible. Trump may legitimately believe that the stock market directly impacts the debt, but I doubt that.
But instead of getting clarification, whether he meant that, he meant GDP growth, he meant the stock market will allow for more investment leading to more economic growth, or whatever, Hannity just accepts a statement as fact and moves on.
We know Hannity is a shill for Trump, but one can still support an interviewee, and still get clarification. Instead he's either too much of a shill, lacks the ability to ask for clarification or additional information, or some combination of both.
But instead of getting clarification, whether he meant that, he meant GDP growth, he meant the stock market will allow for more investment leading to more economic growth, or whatever, Hannity just accepts a statement as fact and moves on.
We know Hannity is a shill for Trump, but one can still support an interviewee, and still get clarification. Instead he's either too much of a shill, lacks the ability to ask for clarification or additional information, or some combination of both.
Posted on 10/12/17 at 2:58 pm to CommoDawg
quote:
But we’re very honored by it
What does this even mean?
Posted on 10/12/17 at 2:59 pm to GumboPot
quote:
In your opinion which scenario is easier to live under?
Income $100,000 per year, $100,000 in debt and assets of $200,000.
Income of $100,000 per year, $100,000 in debt and assets of $100,000.
holy shite lot of retarding in this thread.
if the stock market going up reduced the national debt, obama would be king of reducing the debt. Stock market averaged 14% growth per year under obama.
The stock market going up is good news. It is good for a variety of reasons, but it has zero to do with national debt.
Now, if people realize those gains then maybe there is an uptick in receipts from capital gains. But that would just reduce the deficit, not the debt. And again, you would have seen that under obama too.
Posted on 10/12/17 at 2:59 pm to Giant Leaf
quote:
The purpose of his comment is that a good economy in the United States is good for the United States
Were talking about his comments comparing the debt to GDP, dumbass. Which he would've left out if all he was trying to say is what you said. Nobody questions the benefit of a strong economy.
Posted on 10/12/17 at 2:59 pm to Giant Leaf
double post, delete.
This post was edited on 10/12/17 at 3:03 pm
Posted on 10/12/17 at 2:59 pm to buckeye_vol
Meh, he could have been up against a hard break too and just decided to move on.
Who knows, right?
Who knows, right?
Posted on 10/12/17 at 3:07 pm to mwade91383
quote:
"Comparing the national debt level to GDP is akin to a person comparing the amount of their personal debt in relation to the value of the goods or services that they produce for their employer in a given year. Clearly, this is not the way one would establish their own personal budget, nor is it the way that the federal government should evaluate its fiscal operations."
However it is a way that you can acquire or maintain better cost of debt and/or avoid going into further debt.
This post was edited on 10/12/17 at 3:13 pm
Posted on 10/12/17 at 3:08 pm to CommoDawg
quote:
The country—we took it over
Stopped reading at this point.
The idiot isn't even masking what he believes his role as president is.
Keep your guns folks. The fascist nutjob is coming for ya.
Posted on 10/12/17 at 3:11 pm to DEG
Posted on 10/12/17 at 3:11 pm to CommoDawg
CommoDawg is butthurt and he knows it!
Posted on 10/12/17 at 3:14 pm to bobby_3_sticks
quote:
holy shite lot of retarding in this thread.
if the stock market going up reduced the national debt, obama would be king of reducing the debt. Stock market averaged 14% growth per year under obama.
The stock market going up is good news. It is good for a variety of reasons, but it has zero to do with national debt.
Now, if people realize those gains then maybe there is an uptick in receipts from capital gains. But that would just reduce the deficit, not the debt. And again, you would have seen that under obama too.
THIS.
Which is exactly why I called this phantom connection spin.
Posted on 10/12/17 at 3:15 pm to DEG
quote:
The idiot isn't even masking what he believes his role as president is.
So much disrespect in this country.
Posted on 10/12/17 at 3:16 pm to CommoDawg
Increasing economic value lowers the debt to GDP ratio so he is correct. It doesn't pay down debt owed, but it lessens the significance of said debt.
Posted on 10/12/17 at 3:16 pm to mwade91383
quote:
Which is exactly why I called this phantom connection spin.
Where is all this spin
He was asked in a fast based interview a question
He said "maybe in a sense" the economy being good helping the debt and that is a correct assessment
And we have idiots here making something out of it that does not exist
My god you people have gone off the deep end
Posted on 10/12/17 at 3:17 pm to deltaland
quote:
Increasing economic value lowers the debt to GDP ratio so he is correct. It doesn't pay down debt owed, but it lessens the significance of said debt.
Correct answer sir.
Posted on 10/12/17 at 3:19 pm to CommoDawg
Grasp at those straws mother fricker.
When the economy grows the debt will be reduced because more taxes will be paid.
When the economy grows the debt will be reduced because more taxes will be paid.
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