Tommy Callahan Posted January 8 Share Posted January 8 Record revenue while the deficit is at record highs. Link to comment Share on other sites More sharing options...
BillStime Posted January 8 Author Share Posted January 8 12 minutes ago, Tommy Callahan said: Record revenue while the deficit is at record highs. Thanks Trump! We could REALLY afford those tax cuts, eh? lmao - f'n idiots. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 8 Share Posted January 8 Link to comment Share on other sites More sharing options...
BillStime Posted January 9 Author Share Posted January 9 Biden’s economy is KILLING Trump. America first, of course. Link to comment Share on other sites More sharing options...
KDIGGZ Posted January 9 Share Posted January 9 1 hour ago, BillStime said: Biden’s economy is KILLING Trump. America first, of course. No he's saying there will be a crash, not that he wants one. He's hoping it's before the election so everyone can see if you fund foreign wars and print fake money to pay for socialism then the economy will tank. I'm not sure where you guys think this money comes from to pay for this stuff. They aren't taxing the rich I can tell you that. They are the rich, they aren't going to tax themselves. I own businesses and there's so many loopholes to allow us to not pay fair taxes it's ridiculous. So then where does the money come from? The answer is nowhere. It's all fake dollar bills backed by nothing so when they print more and more then it becomes worth less and less. It's pretty simple. Everyone wants more money but if everyone has more money and everything costs more then how are you any farther ahead than you were? It's lunacy 1 Link to comment Share on other sites More sharing options...
Gregg Posted January 9 Share Posted January 9 1 Link to comment Share on other sites More sharing options...
Tiberius Posted January 9 Share Posted January 9 1 minute ago, Gregg said: So no anything, just a stupid laugh? How about some facts? Like that low unemployment rate? 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 9 Share Posted January 9 The "this economy is amazing" folks going to keep chanting that as the bubbles pop and ***** gets cheaper. Link to comment Share on other sites More sharing options...
Precision Posted January 9 Share Posted January 9 11 minutes ago, Tiberius said: So no anything, just a stupid laugh? How about some facts? Like that low unemployment rate? The low unemployment rate is due to deficit spending and the 600,000 government jobs added in 2023. You continually fail to comprehend that when the government spends money, that money goes places. It goes to the public and private sectors which creates demand for goods and services resulting in jobs. When the jobs are created through deficit spending, they are unsustainable as many will only remain while the spending continues. This is problematic for the people who hold these jobs and the rest of those employed as well. Eventually the debt incurred by the deficit spending will need to be repaid. The payback (which is the debt AND interest accrued) will force the federal government to reduce spending and increase taxes. This will have a dramatic impact on the economy as less money will lead to decreased demand for goods, services and employment. The unsustainable jobs will be the first to go followed by good, sustainable positions that were in once healthy industries. In addition to the economic cost, the cuts to social programs (SNAP, WIC, Social Security, Medicare, etc.) will be large enough to impact the fabric of the nation. A good example of what this looks like is to read about the austerity measures that were implemented in Europe. I don't know why I go to the trouble of replying as I expect another juvenile response. 2 1 Link to comment Share on other sites More sharing options...
Tiberius Posted January 9 Share Posted January 9 6 minutes ago, Precision said: The low unemployment rate is due to deficit spending and the 600,000 government jobs added in 2023. You continually fail to comprehend that when the government spends money, that money goes places. It goes to the public and private sectors which creates demand for goods and services resulting in jobs. When the jobs are created through deficit spending, they are unsustainable as many will only remain while the spending continues. This is problematic for the people who hold these jobs and the rest of those employed as well. Eventually the debt incurred by the deficit spending will need to be repaid. The payback (which is the debt AND interest accrued) will force the federal government to reduce spending and increase taxes. This will have a dramatic impact on the economy as less money will lead to decreased demand for goods, services and employment. The unsustainable jobs will be the first to go followed by good, sustainable positions that were in once healthy industries. In addition to the economic cost, the cuts to social programs (SNAP, WIC, Social Security, Medicare, etc.) will be large enough to impact the fabric of the nation. A good example of what this looks like is to read about the austerity measures that were implemented in Europe. I don't know why I go to the trouble of replying as I expect another juvenile response. Just stupid. What president hasn't had deficit spending? 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 9 Share Posted January 9 (edited) Here is a link to basic DEBT to GDP ratio, deficit spending over the years. its really basic so it shouldn't be that hard. https://www.thebalancemoney.com/us-deficit-by-year-3306306 Here is the good old debt to GDP ratio. the old line in the sand was 100% The current rate of 120+% is unattainable. https://fred.stlouisfed.org/series/gfdegdq188S Notice how long it was sub-60. then went to 100% then jumped to over 120% Edited January 9 by Tommy Callahan 1 Link to comment Share on other sites More sharing options...
Precision Posted January 9 Share Posted January 9 1 hour ago, Tiberius said: Just stupid. What president hasn't had deficit spending? Clinton had 4 consecutive years of surpluses from 1998 to 2001 you dimwit. Do you want me to list more to further embarrass you? 2 Link to comment Share on other sites More sharing options...
BillStime Posted January 11 Author Share Posted January 11 Link to comment Share on other sites More sharing options...
BillStime Posted January 11 Author Share Posted January 11 🎯 1 Link to comment Share on other sites More sharing options...
BillsFanNC Posted January 14 Share Posted January 14 The Biden Boom! 2 Link to comment Share on other sites More sharing options...
BillStime Posted January 14 Author Share Posted January 14 Link to comment Share on other sites More sharing options...
Doc Posted January 15 Share Posted January 15 8 hours ago, BillsFanNC said: The Biden Boom! From the same thread: 1 Link to comment Share on other sites More sharing options...
OrangeBills Posted January 15 Share Posted January 15 On 1/9/2024 at 9:04 AM, Tiberius said: So no anything, just a stupid laugh? How about some facts? Like that low unemployment rate? There are dumb people in the world Link to comment Share on other sites More sharing options...
KDIGGZ Posted January 15 Share Posted January 15 Biden: here is infinity dollars Market: bread costs 2 infinity dollars Media: Biden increased wages to infinity! 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 18 Author Share Posted January 18 🎯 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 19 Author Share Posted January 19 My 401K is loving this... 1 1 Link to comment Share on other sites More sharing options...
US Egg Posted January 19 Share Posted January 19 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 19 Author Share Posted January 19 All-time high 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 19 Share Posted January 19 https://www.thelayoff.com/ This site that shows us layoffs has a lot of traffic and updates lately. Lot of them don't seem to be reported by the msm Link to comment Share on other sites More sharing options...
AlBUNDY4TDS Posted January 19 Share Posted January 19 16 minutes ago, Tommy Callahan said: https://www.thelayoff.com/ This site that shows us layoffs has a lot of traffic and updates lately. Lot of them don't seem to be reported by the msm Economy is booming, everything is awesome!!!! 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 19 Author Share Posted January 19 17 minutes ago, Tommy Callahan said: https://www.thelayoff.com/ This site that shows us layoffs has a lot of traffic and updates lately. Lot of them don't seem to be reported by the msm What was the site like in 2020? Link to comment Share on other sites More sharing options...
Doc Posted January 19 Share Posted January 19 Credit card debt at over $1.1T and climbing should scare the ***** out of everyone. 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 23 Author Share Posted January 23 Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 (edited) https://finance.yahoo.com I'm Lovin it! Edited January 23 by Joe Ferguson forever Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 23 Share Posted January 23 And real estate is a huge sector of banks reserves. 1 Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 (edited) 32 minutes ago, Tommy Callahan said: And real estate is a huge sector of banks reserves. it might help you dummies to understand the reasons for this (hint: it's not Biden The divergence of building values and rents from loan payments stems from a real estate bubble inflated over the past decade. Investors and lenders alike bought into the notion that office demand would continue growing steadily for the foreseeable future. The COVID-driven mass shift to remote work shattered that premise. Edited January 23 by Joe Ferguson forever 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 23 Share Posted January 23 And another reason why they will start cotting rates sooner than later. Eff inflation. 1 Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 1 minute ago, Tommy Callahan said: And another reason why they will start cotting rates sooner than later. Eff inflation. what would trump do? 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 23 Share Posted January 23 Live inside your head rent free. You already proved that's what he did 1 Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 (edited) 11 minutes ago, Tommy Callahan said: Live inside your head rent free. You already proved that's what he did you know why you never debate a salient point directly and use memes and propaganda pieces trying to score points? cuz you're outmatched. cuz you're stupid. Edited January 23 by Joe Ferguson forever 1 Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 (edited) 12 minutes ago, Joe Ferguson forever said: you know why you never debate a salient point directly and use memes and propaganda pieces trying to score points? cuz you're outmatched. cuz you're stupid. 🙄 minus 5 points to thick tommy. he's getting deeper in the red. Edited January 23 by Joe Ferguson forever 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 23 Share Posted January 23 (edited) Lmao. Your replies are ad hominem, but trump, and deflection. It's a boring script and all you got Edited January 23 by Tommy Callahan Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 (edited) 5 minutes ago, Tommy Callahan said: Lmao. Your replies are ad hominem, but trump, and deflection. It's a boring script my replies are based on fact and supported by legitimate citations. you should try it. it'll be fun....meanwhile Catturd, that prominent average Joe American traitor says.... btw, if you're laughing your ass off, you used a dishonest emoji. Edited January 23 by Joe Ferguson forever Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 23 Share Posted January 23 On 1/15/2024 at 12:24 AM, OrangeBills said: There are dumb people in the world The ***** bird being one of the slowest. And like most morons thinks it's intelligent as it proves it's ignorance with it's low end posting and replies. It is what it is. 2 minutes ago, Joe Ferguson forever said: my replies are based on fact and supported by legitimate citations. you should try it. it'll be fun....mesnwhile capture, that prominent average American traitor says.... You are a low end troll that does nothing but lie, talk crap, post strawman after strawman. It's kinda funny. But kinda pathetic when one realizes everything you post is a lie. It's gotta hit home when the device runs out of juice and reality sinks in 1 Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 23 Share Posted January 23 (edited) 6 minutes ago, Tommy Callahan said: The ***** bird being one of the slowest. And like most morons thinks it's intelligent as it proves it's ignorance with it's low end posting and replies. It is what it is. You are a low end troll that does nothing but lie, talk crap, post strawman after strawman. It's kinda funny. But kinda pathetic when one realizes everything you post is a lie. It's gotta hit home when the device runs out of juice and reality sinks in link? examples (yes, apparently I added 2 years to my age once)? they're called citations. you should use them. smart people do. it's conventional among the educated. Edited January 23 by Joe Ferguson forever 1 Link to comment Share on other sites More sharing options...
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