Deficit Donald Is A Bonehead

[g5000]

Amid Trump Tariffs, Farm Bankruptcies And Suicides Rise

 

[g5000]

You thought adding to the debt was terrible when it was Obama. All of a sudden Orange man good.

The market is kicking ass the economy is humming for regular folks all while Trump is taking in billions into our treasury from his trade war with the dishonest ruthless China....so stop your whiny predictions of doom...you sound like an idiot that can't see we are great again....

Hey dumbass. Trump is not taking in billions from China from this trade war. It's very telling you drank that piss.

Tariffs are TAXES PAID BY IMPORTERS. Idiot.

It's a tax hike on AMERICANS. Fuckwit.

 

[LordBrownTrout]

You thought adding to the debt was terrible when it was Obama. All of a sudden Orange man good.

The market is kicking ass the economy is humming for regular folks all while Trump is taking in billions into our treasury from his trade war with the dishonest ruthless China....so stop your whiny predictions of doom...you sound like an idiot that can't see we are great again....

LOL, How cute a post is this ^^^. Chaos reigns on Wall Street, and on Main Street, as trump tweets and lies and lies. No one knows what tomorrow will bring when the tweeter has an urge. Who will he fire, who will he praise, and who will be tossed under the bus when the chosen one's fat ass is not kissed?

No one ever knew what tomorrow may bring. We do know that unemployment is at all time lows and the stock market has reached an all time high. The best the left can hope for is a massive failure at this point or to at least fantasize about it.

 

[SAYIT]

Deficit Donald's losing trade war has kept the Dow flat for almost two years, has been bankrupting our nation's farmers, and is now risking an imminent recession.

Deficit Donald has been outspending Obama's worst year of spending by a trillion dollars a year. He has added 13 percent to our national debt since taking office. He does this to artificially juice the GDP numbers, but this profligate spending is no longer working for him.

Deficit Donald is the only guy in the world who managed to lose money on steaks, vodka, and gambling, and now he thinks we can refinance our national debt the way you would refinance your mortgage. It just doesn't get any more stupid than that.

Deficit Donald thinks the Fed should enable his massive big government spending by lowering the interest rate into NEGATIVE territory so he can keep borrowing and spending, spending and borrowing.

What dumbass Deficit Donald doesn't understand is that if interest rates go to zero or less, then no one will want to buy his massive debt.

What a fucking idiot.

Yeah, and big tax & spend Dems are the solution!! I can't imagine how Trump can win in 2020 considering the disaster his 1st term has been:

• A nicely and sustainably expanding economy (which has raised all ships) with low inflation.
• Historically low unemployment (especially amongst our minorities) with rising wages and disposable income.
• A strong dollar and investment markets.
• A righting of what had been a listing (left) USSC.
• Repeated exposure of our self-serving swamp and the nefarious players within it, including but not limited to our MSM/DNC and high-ranking mutts at both our DOJ & FBI.
• Job Growth Underscores Economy’s Vigor; Unemployment at Half-Century Low

No wonder you bitter, anti-American leftards are so hysterical. What is good for America seems bad for you.

I suppose it is.

Thank you Mr Prez and MAGA, baby!!

Trump was elected on third base, and you tards think he hit a triple.

Deficit Donald is on third base and trying to steal second!

What??? He ran against "the most qualified candidate evah" who was armed with 3 times his campaign cash and he still won.

Carry on, crybaby.

 

[NightFox]

If you had to pay someone to borrow money from you, would you lend to them?

Of course not.

Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.

That's what negative interest rates are, people.

No it's not.

Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".

NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.

 

[Jets]

Gotta love the Republican Party. Deficits are anathema ONLY when the Democratic Party occupies the WH. Where are those fiscal conservatives and deficit hawks who harangued President Obama over his spending!

 

[SAYIT]

Are you lying again?

The actual number is more like +36% since inauguration day 2017, so probably not lying just off by 10%.

DJIA 1/20/2017 19,827.25
DJIA 9/10/2019 26,941.57

Our investment markets indicate confidence in our economic future and those who bet with their hard-earned cash knew on Nov 8, 2016 what the future held and immediately began buying.

Dow on Nov 8, 2016 - 18,000
Dow yesterday - 26,900

That, my friends, is a 50% increase. BOOM!!!

Uh-huh beyond demonstrating that you know how to calculate a percentage (good job) what's your point?

That investors read the tea leaves on Nov 8, 2016 and saw a very bright economic future with Trump as POTUS. They were correct.

I thought that was obvious.

Cool, except for the fact that really doesn't have anything to do with the post you responded to; which was a correction of the percentage gain in the DJIA from 1/20/2017 to present.

Anywho, I don't think Presidents have much if anything to do with the long term results of the equities markets but I do think it's cute that so many of the partisan lemmings hold up the market indexes as evidence of how good their teams douche bag in the Oval Office is.

And I agree but there's no reason not to "trumpet" our winning and prosperity since Trump was elected and those who bought stocks in Nov, 2016 have been richly rewarded.

 

[NightFox]

Gotta love the Republican Party. Deficits are anathema ONLY when the Democratic Party occupies the WH. Where are those fiscal conservatives and deficit hawks who harangued President Obama over his spending!

Same thing goes for the Democrat Party.

The only thing that equals the hypocrisy of the Republican Party is the hypocrisy of the Democrat Party.

Neither political crime family really gives a fuck about the financial health of the nation, they just use it as a political weapon against their opponents.

 

[g5000]

If you had to pay someone to borrow money from you, would you lend to them?

Of course not.

Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.

That's what negative interest rates are, people.

No it's not.

Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".

NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.

It is unprecedented for Sweden, Denmark, and the ECB and the US.

And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.

 

[Wry Catcher]

You thought adding to the debt was terrible when it was Obama. All of a sudden Orange man good.

The market is kicking ass the economy is humming for regular folks all while Trump is taking in billions into our treasury from his trade war with the dishonest ruthless China....so stop your whiny predictions of doom...you sound like an idiot that can't see we are great again....

LOL, How cute a post is this ^^^. Chaos reigns on Wall Street, and on Main Street, as trump tweets and lies and lies. No one knows what tomorrow will bring when the tweeter has an urge. Who will he fire, who will he praise, and who will be tossed under the bus when the chosen one's fat ass is not kissed?

No one ever knew what tomorrow may bring. We do know that unemployment is at all time lows and the stock market has reached an all time high. The best the left can hope for is a massive failure at this point or to at least fantasize about it.

Nice echo, it's your forte.

How many of those jobs are FT with benefits and pay higher than minimum wage?

Of course you can't even think about that. You believe what you've been told to believe (ignorance is bliss).

The best that the left can do is to continue to support collective bargaining, improving the ACA, and putting professionals in leadership roles; not the cronies led by a narcissistic megalomaniac ("I'm the chosen one").

 

[g5000]

Gotta love the Republican Party. Deficits are anathema ONLY when the Democratic Party occupies the WH. Where are those fiscal conservatives and deficit hawks who harangued President Obama over his spending!

Same thing goes for the Democrat Party.

The only thing that equals the hypocrisy of the Republican Party is the hypocrisy of the Democrat Party.

Neither political crime family really gives a fuck about the financial health of the nation, they just use it as a political weapon against their opponents.

The deficit was declining every year of Obama's second term. It was down to half a trillion a year by the time Obama left office.

Once the Republicans and Trump took over, they DOUBLED the deficit.

The deficit has been RISING ever since Trump took office. It was going DOWN, now it is going UP.

So Obama was doing a better job with the deficit than Trump. And the Dow was climbing faster. And unemployment was dropping. And spending was far, far, far lower.

Trump is working very hard to fuck all that up.

 

[NightFox]

If you had to pay someone to borrow money from you, would you lend to them?

Of course not.

Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.

That's what negative interest rates are, people.

No it's not.

Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".

NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.

It is unprecedented for Sweden, Denmark, and the ECB and the US.

What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.

And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.

How the Negative Interest Rate Policy (NIRP) Works

Read, comprehend and then mend the error of your ways.

Venture forth and sin no more.

 

[g5000]

All Bonehead Trump's trade war with China has accomplished is more bankrupt farmers, a flat Dow, and a BIGGER trade deficit with China.

What a fucking maroon.

 

[bendog]

Gotta love the Republican Party. Deficits are anathema ONLY when the Democratic Party occupies the WH. Where are those fiscal conservatives and deficit hawks who harangued President Obama over his spending!

Wall St and Main St hang with Trump even though his policies are against their interests. What's different is that Trump is governing by exec order even more so than Obama, but Obama more or less stuck to the base. Trump's base is not the GOP establishments, but he signed their tax cuts, so thus far, they are still with him. I take that to mean the gop establishment still thinks McConnell (and McCarthy to a lesser extent) can control what he does on the econ. Guns, immigration, wars … not issues. The fault line, imo, is tariffs.

 

[airplanemechanic]

Sorry I stopped reading the OP when he said the DOW was flat for 2 years.

What other bullshit did he say?

 

[BrokeLoser]

Deficit Donald's losing trade war has kept the Dow flat for almost two years, has been bankrupting our nation's farmers, and is now risking an imminent recession.

Deficit Donald has been outspending Obama's worst year of spending by a trillion dollars a year. He has added 13 percent to our national debt since taking office. He does this to artificially juice the GDP numbers, but this profligate spending is no longer working for him.

Deficit Donald is the only guy in the world who managed to lose money on steaks, vodka, and gambling, and now he thinks we can refinance our national debt the way you would refinance your mortgage. It just doesn't get any more stupid than that.

Deficit Donald thinks the Fed should enable his massive big government spending by lowering the interest rate into NEGATIVE territory so he can keep borrowing and spending, spending and borrowing.

What dumbass Deficit Donald doesn't understand is that if interest rates go to zero or less, then no one will want to buy his massive debt.

What a fucking idiot.

Nobody, including yourself can tell us how they / we are affected in real time by our national debt so nobody really gives two fucks about it.

All we heard was non-stop whining during the Obama years about the debt Obama was running up.

Now that Trump is spending a trillion dollars a year more than Obama ever did, all you fuckwits have gone radio silent about the debt.

How DO you stand the stench of your own hypocrisy?

It wasn’t the spending alone that most cared about...it was where he spent and or didn’t spend that pissed good people off. Nobody but filth agrees with spending on wetbacks, ShaQuita and other liabilities offering no potential upside or ROi.

 

[NightFox]

The actual number is more like +36% since inauguration day 2017, so probably not lying just off by 10%.

DJIA 1/20/2017 19,827.25
DJIA 9/10/2019 26,941.57

Our investment markets indicate confidence in our economic future and those who bet with their hard-earned cash knew on Nov 8, 2016 what the future held and immediately began buying.

Dow on Nov 8, 2016 - 18,000
Dow yesterday - 26,900

That, my friends, is a 50% increase. BOOM!!!

Uh-huh beyond demonstrating that you know how to calculate a percentage (good job) what's your point?

That investors read the tea leaves on Nov 8, 2016 and saw a very bright economic future with Trump as POTUS. They were correct.

I thought that was obvious.

Cool, except for the fact that really doesn't have anything to do with the post you responded to; which was a correction of the percentage gain in the DJIA from 1/20/2017 to present.

Anywho, I don't think Presidents have much if anything to do with the long term results of the equities markets but I do think it's cute that so many of the partisan lemmings hold up the market indexes as evidence of how good their teams douche bag in the Oval Office is.

And I agree but there's no reason not to "trumpet" our winning and prosperity since Trump was elected and those who bought stocks in Nov, 2016 have been richly rewarded.

Sure, "trumpet" away if it makes you happy, just don't expect me to buy into it.

 

[g5000]

If you had to pay someone to borrow money from you, would you lend to them?

Of course not.

Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.

That's what negative interest rates are, people.

No it's not.

Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".

NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.

It is unprecedented for Sweden, Denmark, and the ECB and the US.

What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.

Sweden, Denmark, and the ECB have never had negative interest rates before now. That's the definition of unprecedented.

You can go back CENTURIES and not find negative interest rates anywhere.

 

[bendog]

If you had to pay someone to borrow money from you, would you lend to them?

Of course not.

Daffy Donny is referring to negative interest rate policy (NIRP), NIRP doesn't set lending rates to below zero it sets the interest that DEPOSITORS receive to below zero, in other words you have to PAY to keep your money in a bank. The effect of which does drive down rates for borrowers but doesn't pay borrowers to borrow, it just encourages people to borrow and NOT to save in bank accounts (why would you save your money in a bank if you have to pay to park it there?), in other words it's just INFLATIONARY POLICY TAKEN TO THE EXTREME.

That's what negative interest rates are, people.

No it's not.

Literally unprecedented. Or as our illiterate dumbass in the White House would say, "unpresidented".

NIRP isn't unprecedented, Sweden, Denmark and the ECB have all used it within the past decade.

It is unprecedented for Sweden, Denmark, and the ECB and the US.

What exactly is your definition of "unprecedented"? because where I come from it means "never been done before" and as I pointed NIRP HAS been done before in Sweden, Denmark and by the ECB.

And investors in the bonds of those countries are paying to lend them money. You are quite wrong. That's what negative interest rates mean.

How the Negative Interest Rate Policy (NIRP) Works

Read, comprehend and then mend the error of your ways.

Venture forth and sin no more.

How does any of that support negative rates to refinance debt? LOL

 

[g5000]

U.S. trade gap with China reaches all-time high under Trump