/dev/null Posted October 24, 2019 Share Posted October 24, 2019 We're $20 Trillion in debt, but our Bacon Surplus has never been higher 1 Link to comment Share on other sites More sharing options...
Doc Brown Posted October 24, 2019 Share Posted October 24, 2019 13 hours ago, Buffalo_Gal said: The condescension by that writer... unless I am reading this wrong (always possible) - </snip>But, like so much of the policy framework the populist right is working to develop to underpin it’s rhetoric, the proposed legislation, if it is to be implemented, must overcome the inertia of a status quo that has maintained for decades. How, for instance, would the federal agencies fill high-skill positions that require post-college education when the vast majority of highly educated Americans have, for decades, shunned the middle of the country in favor of coastal cities? The prospect of secure employment and a low cost of living will help, but the move will likely require a broader cultural transformation as well. </snip> Because no one in middle America has higher degrees!? No one wants to live in middle America? Shesh As to the idea? Like all things there are positives and negatives. I don't think vast majority means no one in middle America. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted October 24, 2019 Share Posted October 24, 2019 1 hour ago, /dev/null said: We're $20 Trillion in debt, but our Bacon Surplus has never been higher Mmmmm bacon ? I'll do my part to get that surplus down! 1 Link to comment Share on other sites More sharing options...
Prickly Pete Posted October 24, 2019 Share Posted October 24, 2019 "Has Washington DC ever voted Republican? The District of Columbia is the only non-state to be enfranchised for presidential elections, gaining electoral votes through the ratification of the 23rd Amendment in 1961. ... The vote here has always been heavily Democratic; no Republican has ever won an electoral vote." The agencies in DC are filled with Democrats. Link to comment Share on other sites More sharing options...
Chef Jim Posted October 24, 2019 Share Posted October 24, 2019 2 hours ago, /dev/null said: We're $20 Trillion in debt, but our Bacon Surplus has never been higher BUY MORTIMER BUY!!! 2 Link to comment Share on other sites More sharing options...
GG Posted October 24, 2019 Author Share Posted October 24, 2019 Funny how the left insists that cops need to live within their communities to understand the people they're policing, but bureaucrats needs to be sequestered far away. 4 1 1 1 Link to comment Share on other sites More sharing options...
DC Tom Posted October 24, 2019 Share Posted October 24, 2019 6 hours ago, 32ABBA said: "Has Washington DC ever voted Republican? The District of Columbia is the only non-state to be enfranchised for presidential elections, gaining electoral votes through the ratification of the 23rd Amendment in 1961. ... The vote here has always been heavily Democratic; no Republican has ever won an electoral vote." The agencies in DC are filled with Democrats. Not really. Most federal workers come from the surrounding suburbs, which are Democratic, but not as rabidly so as DC. Link to comment Share on other sites More sharing options...
Foxx Posted October 24, 2019 Share Posted October 24, 2019 (edited) the overnight repo rate for 10/24?? $120BN. a massive 60% increase from just two weeks ago. additionally, the term repo went up to $45BN, a 28% increase from the last issuance on the 22nd. between the term and the securities submitted last night (overnight repo), the FED just injected $134 BN in liquidity (roughly $385 per person in the US). what is driving this? a certain bank bracing for Brexit? Edited October 24, 2019 by Foxx Link to comment Share on other sites More sharing options...
Tiberius Posted October 25, 2019 Share Posted October 25, 2019 The U.S. deficit hit $984 billion in 2019, soaring during Trump era Budget experts say it is unprecedented for America’s deficit to expand this much during relatively good economic times. By Heather Long and Jeff Stein Link to comment Share on other sites More sharing options...
row_33 Posted October 25, 2019 Share Posted October 25, 2019 So i guess next week is the cratering of the Dow and the US economy, as I’ve been adjured many times by people who just don’t get it.... Link to comment Share on other sites More sharing options...
TPS Posted October 26, 2019 Share Posted October 26, 2019 On 10/24/2019 at 11:36 AM, GG said: Funny how the left insists that cops need to live within their communities to understand the people they're policing, but bureaucrats needs to be sequestered far away. The left? Who exactly? On 10/24/2019 at 4:34 PM, Foxx said: the overnight repo rate for 10/24?? $120BN. a massive 60% increase from just two weeks ago. additionally, the term repo went up to $45BN, a 28% increase from the last issuance on the 22nd. between the term and the securities submitted last night (overnight repo), the FED just injected $134 BN in liquidity (roughly $385 per person in the US). what is driving this? a certain bank bracing for Brexit? Clogged plumbing in a very large payment system. 1 hour ago, Tiberius said: The U.S. deficit hit $984 billion in 2019, soaring during Trump era Budget experts say it is unprecedented for America’s deficit to expand this much during relatively good economic times. By Heather Long and Jeff Stein It’s whats driving the trump economy. He’s a great Keynesian! Link to comment Share on other sites More sharing options...
3rdnlng Posted October 26, 2019 Share Posted October 26, 2019 3 hours ago, Tiberius said: The U.S. deficit hit $984 billion in 2019, soaring during Trump era Budget experts say it is unprecedented for America’s deficit to expand this much during relatively good economic times. By Heather Long and Jeff Stein Obama had several deficits that high or higher and according to you liberals he had a good economy. Which is it, good economy or bad economy for the guy that thought Hawaii was in Asia? Link to comment Share on other sites More sharing options...
keepthefaith Posted October 26, 2019 Share Posted October 26, 2019 5 hours ago, Tiberius said: The U.S. deficit hit $984 billion in 2019, soaring during Trump era Budget experts say it is unprecedented for America’s deficit to expand this much during relatively good economic times. By Heather Long and Jeff Stein Agree. Hopefully Dems will bang on the White House door and demand some spending and entitlement cuts. 1 3 Link to comment Share on other sites More sharing options...
TPS Posted October 26, 2019 Share Posted October 26, 2019 8 hours ago, 3rdnlng said: Obama had several deficits that high or higher and according to you liberals he had a good economy. Which is it, good economy or bad economy for the guy that thought Hawaii was in Asia? The point of the article, (outside of WWII) the deficit has NEVER been this large when unemployment is this low. Unemployment and the deficit almost always move in the opposite direction. Trump's tax cuts and spending increases have changed that. As I said, he's a good Keynesian.... Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted October 26, 2019 Share Posted October 26, 2019 2 hours ago, TPS said: The point of the article, (outside of WWII) the deficit has NEVER been this large when unemployment is this low. Unemployment and the deficit almost always move in the opposite direction. Trump's tax cuts and spending increases have changed that. As I said, he's a good Keynesian.... Many pages back, I posted the breakdown of the budget. A ton of spending is set in stone by law. If you are unhappy with the way the small portion that is discretionary is spent, or the laws that were passed for the mandatory portion of spending, I urge you to contact your House member to get the budget under control, the laws repealed, and unnecessary spending cut. ? My opinion? The budget and deficit are out of control. The one thing the uniparty members all agrees upon is that they never met a dollar they couldn't spend (at least) three times. 2 Link to comment Share on other sites More sharing options...
3rdnlng Posted October 26, 2019 Share Posted October 26, 2019 2 hours ago, TPS said: The point of the article, (outside of WWII) the deficit has NEVER been this large when unemployment is this low. Unemployment and the deficit almost always move in the opposite direction. Trump's tax cuts and spending increases have changed that. As I said, he's a good Keynesian.... Link to comment Share on other sites More sharing options...
TPS Posted October 26, 2019 Share Posted October 26, 2019 1 hour ago, 3rdnlng said: You have to be very biased to believe you can compare deficits when unemployment is 3.5% vs > 6%. And my statement was made based on the deficit to gdp ratio, since you also can’t compare a dollar deficit today to a dollar deficit from several years back when the economy is a couple trillion $s larger today. Link to comment Share on other sites More sharing options...
SoCal Deek Posted October 26, 2019 Share Posted October 26, 2019 Once we passed a national debt in excess of 20 Trillion it appears nobody really cares anymore. If you can’t bend the curve after three years of utter prosperity then I guess it permanently bent. Link to comment Share on other sites More sharing options...
OldTimeAFLGuy Posted October 26, 2019 Share Posted October 26, 2019 (edited) On 10/23/2019 at 4:32 PM, DC Tom said: That's not the worst idea I've ever heard. Not the best, either. But not the worst. ...problem solved....move 'em all to North Korea......no loss......at least they execute dead wood..... Edited October 26, 2019 by OldTimeAFLGuy Link to comment Share on other sites More sharing options...
GG Posted October 26, 2019 Author Share Posted October 26, 2019 17 hours ago, TPS said: The left? Who exactly Every D politician in the NYC area. Link to comment Share on other sites More sharing options...
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