Economy grows by 3.2% beating expectations !

[georgephillip]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

How does he manage that with 37% approval ratings?
Trump approval drops 3 points to 2019 low after release of Mueller report: Reuters/Ipsos poll - Reuters

I drink your tears of anguish like fine wine.

I drink your tears of anguish like fine wine

Trump Is Creating a Grifter Economy

View attachment 258123

How Donald Trump is monetising his presidency

 

[Rustic]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Who owns the national debt?

" The federal government’s financial standing has already been eroded by one outbreak of ideological 'science,' namely the 'Laffer curve' that preaches that reducing tax rates increases tax revenues.

"Three cuts in tax rates have reduced the federal government’s revenues (in absolute terms, and also well below what they would have been otherwise).

"The last of these tax cuts, in 2017, has reduced federal income tax revenues despite continued economic growth, and the nation’s rising debt burden is now its largest since the massive borrowing required by World War II."

Modern Monetary Theory, a bad number - Sunbury News

Raising taxes never justified

 

[georgephillip]

With this kind of booming economy, there is no way Trump loses in 2020, no matter how many times Left squeals "sexist, racist, blah blah blah..."

How does he manage that with 37% approval ratings?
Trump approval drops 3 points to 2019 low after release of Mueller report: Reuters/Ipsos poll - Reuters

Actually he's enjoying record high approvals of up to 51%, according to a few polls that got the 2016 election right, not the fake Leftist bullshit polls that not only got the election wrong but are now reporting more fake polls about Trump's low approvals.

Actually he's enjoying record high approvals of up to 51%, according to a few polls that got the 2016 election right, not the fake Leftist bullshit polls that not only got the election wrong but are now reporting more fake polls about Trump's low approvals.

41.2% approval.
53.1% disapproval.
4/27/2019
How Popular Is Donald Trump?

 

[ThunderKiss1965]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Consumers using credit cards to buy shit they don't need, how the fuck is that the Presidents fault ?

Consumers using credit cards to buy shit they don't need, how the fuck is that the Presidents fault ?

What about consumers using credit cards to buy food, pay for medical expenses, and keep their utilities on?

Household debt - Wikipedia

"Household debt can be defined in several ways, based on what types of debt are included. Common debt types include home mortgages, home equity loans, auto loans, student loans, and credit cards. Household debt can also be measured across an economy, to measure how indebted households are relative to various measures of income (e.g., pre-tax and disposable income) or relative to the size of the economy (GDP)."

Budgeting for stupid people 101.Don't start a family if you can't afford it. Don't live beyond your means.

 

[georgephillip]

People have more money to spend, real estate is up again, world is a far more secure and stable place, ISIS decapitated, N. Korea calm, record low unemployment, record high women and minorities working. All of this occurring under Trump. Deal with it!

People have more money to spend, real estate is up again, world is a far more secure and stable place, ISIS decapitated, N. Korea calm, record low unemployment, record high women and minorities working. All of this occurring under Trump. Deal with it!

Trump inherited economic trends he loudly criticized while running for POTUS:

"Figure 1 shows that the current unemployment rate is actually above its pre-2017 trend (implying that Trump is underperforming relative to trend).

"However, this is partly a function of the fact that as the economy closes in on full capacity, the decline in the jobless rate slows due to labor supply constraints (after all, the straight line in the figure would eventually cross zero, which doesn’t make sense).

"Still, this is a clear case of trend inheritance.

"Figure 2 shows the same thing for jobs."

There Is No ‘Trump Economy,’ Especially in Workers’ Paychecks

 

[justoffal]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."



Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Look again it's medical debt that's growing
Wanna know why?

Jo

 

[georgephillip]

Those are the polls that include Kremlin opinions.

The Russians! The Russians!

You sound like a true TDS'er, forgetting that it was actually Clinton and the Dems that colluded.

Fake outrage in 3,2,1.....

I undertstad how fucking stupid you are but it is a fact the Russians helped your orange buddy to win. Those who got the polling right would have to had accounted for it.

You have a problem keeping track. Rosenstein admitted when they handed those indicted to the Russians, "no evidence that any vote was changed or ballot maipulated". What actually happened is a Clinton insider leaked some emails and gave them to wiki that exposed the depravity and fraud in Hillary and the Dems. Suddenly the Left, that loves leaks so much, is totally against the truth about their side being leaked. Ya gotta love it.

Not at all.

No one said they manipulated ballots.. Now you are just being an asshole. The idea you are denying the Russians interfered shows just how fucking ignorant & uneducated you are. Go away.

How did the Russians manipulate, idiot? No proof that the Russians played a role in all those states Trump turned red. In fact the number of Facebook / Twitter and social media posts by the so called Russians was less than a 1% of those posted by both parties and their campaigns. And it wasn't only the Russians, the Chinese and other players were involved, as they are every election year.

How did the Russians manipulate, idiot? No proof that the Russians played a role in all those states Trump turned red. In fact the number of Facebook / Twitter and social media posts by the so called Russians was less than a 1% of those posted by both parties and their campaigns. And it wasn't only the Russians, the Chinese and other players were involved, as they are every election year.

Vlad is counting on you in 2020, Troll.

Russian Influence Reached 126 Million Through Facebook Alone

"WASHINGTON — Russian agents intending to sow discord among American citizens disseminated inflammatory posts that reached 126 million users on Facebook, published more than 131,000 messages on Twitter and uploaded over 1,000 videos to Google’s YouTube service, according to copies of prepared remarks from the companies that were obtained by The New York Times."

 

[justoffal]

If energy prices don’t start dropping and if trump actually pursues a gasoline tax instead of investigating what democrats have done with highway fund money, things can’t stay so rosy.

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Yea when you buy a house your household debt goes up a lot.

Maine home sales continue record-breaking pace

Housing confidence hits record high as home prices skyrocket

That's secured debt....
It's the medical debt ( Obamacare) that's killing the middle class.....

Jo

 

[georgephillip]

How does he manage that with 37% approval ratings?
Trump approval drops 3 points to 2019 low after release of Mueller report: Reuters/Ipsos poll - Reuters

I drink your tears of anguish like fine wine.

I drink your tears of anguish like fine wine

Trump Is Creating a Grifter Economy

/----/ Sore loser.
View attachment 258109

/----/ Sore loser.

Forget what Donald Trump said: Tariffs are a tax on American consumers

/——/ Yes, a short term issue that is resolved when we get a better deal.

/——/ Yes, a short term issue that is resolved when we get a better deal.

Careful what you wish for:

I asked Wall Street insiders whether they’d prefer Elizabeth Warren or Donald Trump. It turned out to be a hard question.

 

[georgephillip]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Who owns the national debt?

" The federal government’s financial standing has already been eroded by one outbreak of ideological 'science,' namely the 'Laffer curve' that preaches that reducing tax rates increases tax revenues.

"Three cuts in tax rates have reduced the federal government’s revenues (in absolute terms, and also well below what they would have been otherwise).

"The last of these tax cuts, in 2017, has reduced federal income tax revenues despite continued economic growth, and the nation’s rising debt burden is now its largest since the massive borrowing required by World War II."

Modern Monetary Theory, a bad number - Sunbury News

Raising taxes never justified

Raising taxes never justified

What about times of national emergency?

"During the Great Depression and World War II, the top income tax rate rose from pre-war levels. In 1939, the top rate was 75% applied to incomes above $5,000,000 (equivalent to $90.1 million[68] in 2018 dollars). During 1944 and 1945, the top rate was its all-time high at 94% applied to income above $200,000 (equivalent to $2.85 million[68] in 2018 dollars)."

Income tax in the United States - Wikipedia

 

[georgephillip]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Consumers using credit cards to buy shit they don't need, how the fuck is that the Presidents fault ?

Consumers using credit cards to buy shit they don't need, how the fuck is that the Presidents fault ?

What about consumers using credit cards to buy food, pay for medical expenses, and keep their utilities on?

Household debt - Wikipedia

"Household debt can be defined in several ways, based on what types of debt are included. Common debt types include home mortgages, home equity loans, auto loans, student loans, and credit cards. Household debt can also be measured across an economy, to measure how indebted households are relative to various measures of income (e.g., pre-tax and disposable income) or relative to the size of the economy (GDP)."

Budgeting for stupid people 101.Don't start a family if you can't afford it. Don't live beyond your means.

Don't work for greedy capitalists who ship your job to China.
Don't get sick enough to suffer a medical bankruptcy.
Don't get conned by rich parasites into paying their fair share of taxes.
But above all else, don't listen to the...

 

[georgephillip]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."



Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Look again it's medical debt that's growing
Wanna know why?

Jo

Look again it's medical debt that's growing
Wanna know why?

Unintended consequences of the profit motive?

"The very idea of health insurance is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex.

"The people who founded the Blue Cross Association in Texas nearly a century ago had no idea how their innovation would spin out of control.

"They intended it to help the sick."

"And, in the beginning, it did.

How health insurance changed from protecting patients to seeking profit

 

[RealDave]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Consumers using credit cards to buy shit they don't need, how the fuck is that the Presidents fault ?

Consumers using credit cards to buy shit they don't need, how the fuck is that the Presidents fault ?

What about consumers using credit cards to buy food, pay for medical expenses, and keep their utilities on?

Household debt - Wikipedia

"Household debt can be defined in several ways, based on what types of debt are included. Common debt types include home mortgages, home equity loans, auto loans, student loans, and credit cards. Household debt can also be measured across an economy, to measure how indebted households are relative to various measures of income (e.g., pre-tax and disposable income) or relative to the size of the economy (GDP)."

Budgeting for stupid people 101.Don't start a family if you can't afford it. Don't live beyond your means.

Because things never change. People lose jobs, people get sick, people get divorced, etc

 

[RealDave]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Who owns the national debt?

" The federal government’s financial standing has already been eroded by one outbreak of ideological 'science,' namely the 'Laffer curve' that preaches that reducing tax rates increases tax revenues.

"Three cuts in tax rates have reduced the federal government’s revenues (in absolute terms, and also well below what they would have been otherwise).

"The last of these tax cuts, in 2017, has reduced federal income tax revenues despite continued economic growth, and the nation’s rising debt burden is now its largest since the massive borrowing required by World War II."

Modern Monetary Theory, a bad number - Sunbury News

Raising taxes never justified

George HW Bush did it to stop rising deficits.

You dipsticks think cutting taxes always is the answer. You cut taxes & run up the debt because you can't cut spending.

 

[RealDave]

Those are the polls that include Kremlin opinions.

The Russians! The Russians!

You sound like a true TDS'er, forgetting that it was actually Clinton and the Dems that colluded.

Fake outrage in 3,2,1.....

I undertstad how fucking stupid you are but it is a fact the Russians helped your orange buddy to win. Those who got the polling right would have to had accounted for it.

You have a problem keeping track. Rosenstein admitted when they handed those indicted to the Russians, "no evidence that any vote was changed or ballot maipulated". What actually happened is a Clinton insider leaked some emails and gave them to wiki that exposed the depravity and fraud in Hillary and the Dems. Suddenly the Left, that loves leaks so much, is totally against the truth about their side being leaked. Ya gotta love it.

Not at all.

No one said they manipulated ballots.. Now you are just being an asshole. The idea you are denying the Russians interfered shows just how fucking ignorant & uneducated you are. Go away.

How did the Russians manipulate, idiot? No proof that the Russians played a role in all those states Trump turned red. In fact the number of Facebook / Twitter and social media posts by the so called Russians was less than a 1% of those posted by both parties and their campaigns. And it wasn't only the Russians, the Chinese and other players were involved, as they are every election year.

I get it. You know more than our intelligence agencies,. One day you might figure out that Trump is making you stupid. First you claim it never existed & then you claim it wasn't very much.

 

[RealDave]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Clinton balanced the budget & the CBO said we were on a path to paying down the debt.

Then you Republicans took over.

You elected Bush.

Bush ran on "giving it back" instead of paying diown the debt so Please don;t you dare claim you give a rat's ass about the debt.

Lol
Actually it was a Republican Congress of the time the Clinton, and the debt was still there… Not even close to being paid off

"On a psth to paying down the debt" meant if the policies did not change, we were to have surpluses.

But NOOOOOOOOOOOOOOOOOOO> You ass fuckls electerdc Buishj.

Clinton + Republican Congress = Balanced budget

Bush + Republican Congress = Deficits, debt.

What changed?

Lol
It’s impossible to have a surplus if there was a debt still there...

There was a budget surplus. It is not my fault you are too fucking stupid to get it.

 

[RealDave]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Clinton balanced the budget & the CBO said we were on a path to paying down the debt.

Then you Republicans took over.

You elected Bush.

Bush ran on "giving it back" instead of paying diown the debt so Please don;t you dare claim you give a rat's ass about the debt.

Ha ha ha the only thing Clinton did was get BJ's and stay out of the Republican controlled congresses way.

Clinton left & everything went to shit.

 

[Darkwind]

If energy prices don’t start dropping and if trump actually pursues a gasoline tax instead of investigating what democrats have done with highway fund money, things can’t stay so rosy.

There is a huge controversy brewing in PA right now over the gasoline tax and the misappropriation of tax money for infrastructure. It seems that some 4 billion dollars collected in the name of bridges, roads, and tunnels have been spent on the State police. PA currently pays the highest gasoline tax in the nation. The fucktard of a Governor, Tom Wolf, justified the tax increase because we have some of the worst roads in the nation; this right after the scandal of the PA turnpike funds being skimmed into private accounts.

 

[RealDave]

People have more money to spend, real estate is up again, world is a far more secure and stable place, ISIS decapitated, N. Korea calm, record low unemployment, record high women and minorities working. All of this occurring under Trump. Deal with it!

There's really no other way to look at it --

-- the economy was great before '09 and it's been great after '16.

When you start with a -6.2 with losing 800,000 jobs a month, do ya thionk it matters? You fucking assholes are dumber than shit. So, are you stupid or just a dishonesty POS?

 

[Rustic]

Consumer debt hits $4 trillion — a record high

"Americans are diving deeper and deeper into the red.

"As of this month, outstanding consumer debt exceeded $4 trillion for the first time, according to the Federal Reserve.


"Relatively strong holiday spending, particularly in November, and increasing credit card debt added more than $41 billion in outstanding balances at the end of 2018, according to LendingTree, a loan comparison website, which analyzed the data from the Fed.

"In addition, a steady rise in student loan balances, as well as an increase in the cost of automobile financing in the fourth quarter, contributed another $80 billion."

Why are Americans sinking deeper and deeper into debt in a "booming" economy?

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Lol
Dumbass, We are past the point of no return decades ago, when it comes to national debt.

Who owns the national debt?

" The federal government’s financial standing has already been eroded by one outbreak of ideological 'science,' namely the 'Laffer curve' that preaches that reducing tax rates increases tax revenues.

"Three cuts in tax rates have reduced the federal government’s revenues (in absolute terms, and also well below what they would have been otherwise).

"The last of these tax cuts, in 2017, has reduced federal income tax revenues despite continued economic growth, and the nation’s rising debt burden is now its largest since the massive borrowing required by World War II."

Modern Monetary Theory, a bad number - Sunbury News

Raising taxes never justified

George HW Bush did it to stop rising deficits.

You dipsticks think cutting taxes always is the answer. You cut taxes & run up the debt because you can't cut spending.

LOL

“Read my lips no new taxes”… That’s what crushed the cowardly motherfucker