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Message
re: Trump Decreases the Debt to GDP Ratio in His First Year in Office – First Time in 50 years
Posted on 1/28/18 at 3:15 pm to texridder
Posted on 1/28/18 at 3:15 pm to texridder
quote:
The budget deficit for 2017 was $666 billion, the largest since 2013, and the th biggest on record.
Obama budget....and I think you need to reread the title. Doc makes a better alternative argument than your ill thought out BS.
The claim is that Trump grew GDP to outpace that deficit more than any other first year president.
0
Posted on 1/28/18 at 10:51 pm to Jjdoc
Is your thread title true or false?
Posted on 1/28/18 at 11:31 pm to Joshjrn
It's true in context ma'am
This post was edited on 1/28/18 at 11:32 pm
Posted on 1/29/18 at 2:55 am to TigerDoc
quote:
Subsequent years will increase the debt by an additional $1.5 trillion due to tax cuts, so he should enjoy this while it lasts.
Tax cuts don't increase debt, overspending does!
Posted on 1/29/18 at 7:52 am to Jjdoc
quote:
It's true in context ma'am
So a false thread title/headline is true in the context of being contradicted by the body of the post/article to follow...
Such a weasely level of mental gymnastics would make Team Blue proud
Posted on 1/29/18 at 8:06 am to TigerDoc
quote:
Subsequent years will increase the debt by an additional $1.5 trillion due to tax cuts, so he should enjoy this while it lasts.
$1.5T was an estimate for over 10 years... so $150B/year
But if the economy keeps growing at this pace, due in part to the tax cuts, then the growth will out gain the less revenue...
Posted on 1/29/18 at 8:25 am to Jjdoc
2015 gdp was 2.3%, and in Obama’s final year of 2016 the gdp was 1.8%. The economy was trending downward, and at an alarmingly high rate. So idiots out there giving Obama credit for the economy are either idiots, or they’re purposely being ignorant.
Posted on 1/29/18 at 8:40 am to TigerDoc
tigerdoc,
you are literally blind.
not even to include major improvement in the overall economy (and the additional taxes this generates) due to excitement over a business man being elected, have you forgotten about the "new" money that IS being taxed that never would have seen the shores of the US if Hillary were president?
Apple $252 BILLION
Other $ Out there
I have only one request, think for yourself once in a while.
quote:
Subsequent years will increase the debt by an additional $1.5 trillion due to tax cuts, so he should enjoy this while it lasts.
you are literally blind.
not even to include major improvement in the overall economy (and the additional taxes this generates) due to excitement over a business man being elected, have you forgotten about the "new" money that IS being taxed that never would have seen the shores of the US if Hillary were president?
Apple $252 BILLION
Other $ Out there
I have only one request, think for yourself once in a while.
Posted on 1/29/18 at 8:51 am to LSUTigersVCURams
I'm not tired of the winning am I doing it right?
This post was edited on 1/29/18 at 8:52 am
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