Boom! Where’s Your Recession Now?

[AzogtheDefiler]

Do you not realize how many private companies have military contracts? Military spend is actually good for the economy. Do you work in business/finance?

I'm aware. This economy is fueled by debt. Imagine how slow it would be without the trillion dollar deficits. That should tell you how it isn't a healthy economy.

Entitlement are causing the deficit not the military spend. We have too many people as well working at places like the EPA, not doing anything and collecting a nice paycheck. Time to end some of those cushy gigs.

We had entitlements under Obama. Trump increased deficits rapidly. He increased military spending while flattening revenue.

Interest expense is higher due to higher rates. Entitlements keep growing.

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

 

[Brain357]

There are a lot of studies linking slow growth to inequality. We need to give workers some power again. We have many companies near monopolies. We have non compete agreements. Wage collusion. We need to get better pay for workers and we’ll have a much better economy again. Our capitalism is broken.

"A lot of studies"

Please share one. Europe is socialist for all intents and purposes and the US is much better in terms of the economy. How do you explain that? Workers get paid via supply/demand. Few are under contracts, don't like your pay, move around.

Certainly.
Inequality hurts economic growth, finds OECD research - OECD
Inequality is getting so bad it's threatening the very foundation of economic growth

What country in Europe is socialist? It's hard to move around when we have wage collusion, near monopolies, and non compete agreements. Policy has gone against workers for a long time.

The tax rate in Spain is 51% and they have UH. That’s one example of fairly socialistic economic and social views. How many more would you like? Sweden is another one. Norway is another one.

That's tax rates, not socialism. Sweden has some of the happiest people in the world an they have a lower debt/gdp ratio than us.

Homogeneous and small but not as happy as before.

Still a very happy country. Also they have a different definition of rape than other countries. That leads to different rates. They have a homicide rate that is a tiny fraction of ours. The definition of homicide is always the same...

 

[Terri4Trump]

I think we should have a balance budget that can only be broken in emergencies.

Only one emergency: A War declared by Congress.

Deal?

 

[Brain357]

I'm aware. This economy is fueled by debt. Imagine how slow it would be without the trillion dollar deficits. That should tell you how it isn't a healthy economy.

Entitlement are causing the deficit not the military spend. We have too many people as well working at places like the EPA, not doing anything and collecting a nice paycheck. Time to end some of those cushy gigs.

We had entitlements under Obama. Trump increased deficits rapidly. He increased military spending while flattening revenue.

Interest expense is higher due to higher rates. Entitlements keep growing.

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

I didn't say that. I say he killed the rate of growth.

Treasury: 2018 Deficit was $779 Billion

The $113 billion increase in the deficit comes from largely flat revenue coupled with increasing spending. Revenue was up only $14 billion, or 0.4 percent. This revenue growth rate is the eighth lowest in the past 50 years, and the seven lower years either coincided with a recession or tax cuts/expiring tax increases enacted shortly after a recession.

 

[Brain357]

I think we should have a balance budget that can only be broken in emergencies.

Only one emergency: A War declared by Congress.

Deal?

I would want something in there for natural disasters. I can't think of much else but there may be something.

 

[AzogtheDefiler]

"A lot of studies"

Please share one. Europe is socialist for all intents and purposes and the US is much better in terms of the economy. How do you explain that? Workers get paid via supply/demand. Few are under contracts, don't like your pay, move around.

Certainly.
Inequality hurts economic growth, finds OECD research - OECD
Inequality is getting so bad it's threatening the very foundation of economic growth

What country in Europe is socialist? It's hard to move around when we have wage collusion, near monopolies, and non compete agreements. Policy has gone against workers for a long time.

The tax rate in Spain is 51% and they have UH. That’s one example of fairly socialistic economic and social views. How many more would you like? Sweden is another one. Norway is another one.

That's tax rates, not socialism. Sweden has some of the happiest people in the world an they have a lower debt/gdp ratio than us.

Homogeneous and small but not as happy as before.

Still a very happy country. Also they have a different definition of rape than other countries. That leads to different rates. They have a homicide rate that is a tiny fraction of ours. The definition of homicide is always the same...

Not the same as it was. I have relatives there and ey aren’t thrilled with their 90% tax rate.

 

[AzogtheDefiler]

Entitlement are causing the deficit not the military spend. We have too many people as well working at places like the EPA, not doing anything and collecting a nice paycheck. Time to end some of those cushy gigs.

We had entitlements under Obama. Trump increased deficits rapidly. He increased military spending while flattening revenue.

Interest expense is higher due to higher rates. Entitlements keep growing.

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

I didn't say that. I say he killed the rate of growth.

Treasury: 2018 Deficit was $779 Billion

The $113 billion increase in the deficit comes from largely flat revenue coupled with increasing spending. Revenue was up only $14 billion, or 0.4 percent. This revenue growth rate is the eighth lowest in the past 50 years, and the seven lower years either coincided with a recession or tax cuts/expiring tax increases enacted shortly after a recession.

So then tax cuts are not the issue it’s the spend. I agree. We need to kill non essential Govt jobs and cut entitlements

 

[yidnar]

Obama racked up more debt than all other presidents combined!!!

LIAR!

lol! are you triggered ?

 

[Terri4Trump]

lol! are you triggered ?

That freak is beyond triggered.

 

[edthecynic]

Obama racked up more debt than all other presidents combined!!!

LIAR!

lol! are you triggered ?

Honest people are always "triggered" by liars. Why aren't YOU triggered by a liar???????
You will probably LIE and say Obama DID rack up more debt than all the presidents combined when it was actually Reagan and Bush II who accomplished that feat, NOT Obama.
See my sig!

 

[yidnar]

Obama racked up more debt than all other presidents combined!!!

LIAR!

lol! are you triggered ?

Honest people are always "triggered" by liars. Why aren't YOU triggered by a liar???????
You will probably LIE and say Obama DID rack up more debt than all the presidents combined when it was actually Reagan and Bush II who accomplished that feat, NOT Obama.
See my sig!

do you identify yourself as a shemale or a heshe ?

 

[Terri4Trump]

Honest people........

That leaves you out gay boy

 

[Brain357]

Certainly.
Inequality hurts economic growth, finds OECD research - OECD
Inequality is getting so bad it's threatening the very foundation of economic growth

What country in Europe is socialist? It's hard to move around when we have wage collusion, near monopolies, and non compete agreements. Policy has gone against workers for a long time.

The tax rate in Spain is 51% and they have UH. That’s one example of fairly socialistic economic and social views. How many more would you like? Sweden is another one. Norway is another one.

That's tax rates, not socialism. Sweden has some of the happiest people in the world an they have a lower debt/gdp ratio than us.

Homogeneous and small but not as happy as before.

Still a very happy country. Also they have a different definition of rape than other countries. That leads to different rates. They have a homicide rate that is a tiny fraction of ours. The definition of homicide is always the same...

Not the same as it was. I have relatives there and ey aren’t thrilled with their 90% tax rate.

And the happiest people in the world. No worries about retirement, healthcare, childcare, college....

 

[Brain357]

We had entitlements under Obama. Trump increased deficits rapidly. He increased military spending while flattening revenue.

Interest expense is higher due to higher rates. Entitlements keep growing.

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

I didn't say that. I say he killed the rate of growth.

Treasury: 2018 Deficit was $779 Billion

The $113 billion increase in the deficit comes from largely flat revenue coupled with increasing spending. Revenue was up only $14 billion, or 0.4 percent. This revenue growth rate is the eighth lowest in the past 50 years, and the seven lower years either coincided with a recession or tax cuts/expiring tax increases enacted shortly after a recession.

So then tax cuts are not the issue it’s the spend. I agree. We need to kill non essential Govt jobs and cut entitlements

What are you talking about? I just showed you that he killed revenue and you just ignore that fact? He killed revenue and greatly increased military spending. That's why deficits are way higher than they were when he became president.

 

[AzogtheDefiler]

The tax rate in Spain is 51% and they have UH. That’s one example of fairly socialistic economic and social views. How many more would you like? Sweden is another one. Norway is another one.

That's tax rates, not socialism. Sweden has some of the happiest people in the world an they have a lower debt/gdp ratio than us.

Homogeneous and small but not as happy as before.

Still a very happy country. Also they have a different definition of rape than other countries. That leads to different rates. They have a homicide rate that is a tiny fraction of ours. The definition of homicide is always the same...

Not the same as it was. I have relatives there and ey aren’t thrilled with their 90% tax rate.

And the happiest people in the world. No worries about retirement, healthcare, childcare, college....

There is something to being small and homogeneous. Are Americans unhappy?

 

[AzogtheDefiler]

Interest expense is higher due to higher rates. Entitlements keep growing.

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

I didn't say that. I say he killed the rate of growth.

Treasury: 2018 Deficit was $779 Billion

The $113 billion increase in the deficit comes from largely flat revenue coupled with increasing spending. Revenue was up only $14 billion, or 0.4 percent. This revenue growth rate is the eighth lowest in the past 50 years, and the seven lower years either coincided with a recession or tax cuts/expiring tax increases enacted shortly after a recession.

So then tax cuts are not the issue it’s the spend. I agree. We need to kill non essential Govt jobs and cut entitlements

What are you talking about? I just showed you that he killed revenue and you just ignore that fact? He killed revenue and greatly increased military spending. That's why deficits are way higher than they were when he became president.

Your article says revenue was up $14bn? How did he kill revenue? Did I misread that?

 

[Brain357]

That's tax rates, not socialism. Sweden has some of the happiest people in the world an they have a lower debt/gdp ratio than us.

Homogeneous and small but not as happy as before.

Still a very happy country. Also they have a different definition of rape than other countries. That leads to different rates. They have a homicide rate that is a tiny fraction of ours. The definition of homicide is always the same...

Not the same as it was. I have relatives there and ey aren’t thrilled with their 90% tax rate.

And the happiest people in the world. No worries about retirement, healthcare, childcare, college....

There is something to being small and homogeneous. Are Americans unhappy?

Many sure seem unhappy on this board...

 

[Brain357]

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

I didn't say that. I say he killed the rate of growth.

Treasury: 2018 Deficit was $779 Billion

The $113 billion increase in the deficit comes from largely flat revenue coupled with increasing spending. Revenue was up only $14 billion, or 0.4 percent. This revenue growth rate is the eighth lowest in the past 50 years, and the seven lower years either coincided with a recession or tax cuts/expiring tax increases enacted shortly after a recession.

So then tax cuts are not the issue it’s the spend. I agree. We need to kill non essential Govt jobs and cut entitlements

What are you talking about? I just showed you that he killed revenue and you just ignore that fact? He killed revenue and greatly increased military spending. That's why deficits are way higher than they were when he became president.

Your article says revenue was up $14bn? How did he kill revenue? Did I misread that?

Which was the eighth lowest growth rate in the past 50 years. And the lower ones were from a recession. You don't understand that a growing economy should have growing revenue? You seem to just want to deny reality. The fact is that the tax cuts hurt revenue and trump lead the way in spending with a huge military increase. Trump policy drastically increased deficits. It's a fact.

 

[Brain357]

You can keep saying that, but it doesn't explain the HUGE increases since trump. The HUGE increase is explained by the tax cuts that didn't pay for themselves and the HUGE increase in military spending. Trump policy greatly increased deficits, it's simply a fact.

Show me a link that revenue under Trump is lower than that under BHO.

I didn't say that. I say he killed the rate of growth.

Treasury: 2018 Deficit was $779 Billion

The $113 billion increase in the deficit comes from largely flat revenue coupled with increasing spending. Revenue was up only $14 billion, or 0.4 percent. This revenue growth rate is the eighth lowest in the past 50 years, and the seven lower years either coincided with a recession or tax cuts/expiring tax increases enacted shortly after a recession.

So then tax cuts are not the issue it’s the spend. I agree. We need to kill non essential Govt jobs and cut entitlements

What are you talking about? I just showed you that he killed revenue and you just ignore that fact? He killed revenue and greatly increased military spending. That's why deficits are way higher than they were when he became president.

Your article says revenue was up $14bn? How did he kill revenue? Did I misread that?

 

[Dick Foster]

The tax rate in Spain is 51% and they have UH. That’s one example of fairly socialistic economic and social views. How many more would you like? Sweden is another one. Norway is another one.

That's tax rates, not socialism. Sweden has some of the happiest people in the world an they have a lower debt/gdp ratio than us.

Homogeneous and small but not as happy as before.

Still a very happy country. Also they have a different definition of rape than other countries. That leads to different rates. They have a homicide rate that is a tiny fraction of ours. The definition of homicide is always the same...

Not the same as it was. I have relatives there and ey aren’t thrilled with their 90% tax rate.

And the happiest people in the world. No worries about retirement, healthcare, childcare, college....

So why the fuck are you here and not there dumbass? Of course it's so great there now they can't go out at night and Denmark just instituted border control with Sweden for the first time in history. Yeah so tell us again how it's so great.
Have you ever even been to Sweden? My guess is no. A few years ago I went about every two months.