Faun
Diamond Member
- Nov 14, 2011
- 124,443
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LOLOLYou said "Impeached Trump"LOLOLYou have lost your mind. "Impeached Trump" has been around as long as the COVID-19 but you said it didn't impact him? I am not following your logic.LOLOLOLNever said that. Find that post. You said "Impeached Trump".And according to you, COVID-19 is the reason GDP is only 2.6 since Impeached Trump has been president.Trump was not impeached until Q4. You specifically said "Impeached Trump". So who is the deranged lunatic?LOLOLI accept your surrender. When Faun goes into his bag of emojis you know he lost. Another win for the Pale Orc.Aww, poor baby.LOLHe was impeached for 4 mos? Why are you attributing the entire presidency GDP to him? You’re all over the place.That's because you're an utter moron who apparently doesn't know when he became president or what COVID-19 has to do with GDP on his watch.Impeached Trump has only been president since mid December? I am not following your logic.Since Impeached Trump's been president.It doesn’t say when? You mean FYE’19?Post #794.Stated? When?"When was GDP 2.6%?When was GDP 2.6%? Trump was impeached? When? Before or after the 2.6%. I cannot follow your illogic.LOLOLWhen did he have 2.6% GDP?Deranged lunatic, what does COVID-19 have to do with Impeached Trump's 2.6% GDP??Impeached Trump had to deal with COVID-19. He was only impeached in January? Before that he was just Trump. Not following your logic.Deranged lunatic, what about COVID-19??Ummmm....COVID-19Real GDP under Obama since the Great Recession... 2.4%Nope, Obama growth was better, and he did it without trillion dollar deficits.Trillion dollar deficits got us nothing.Yes trump policy failed to increase growth as he promised.We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.We have had no more growth than Obama with a huge increase in deficits.Nope.Yes trump tax cuts decreased the rate of revenue growth adding to deficits.Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.Numbers aren’t biased. It’s clear trump policy drastically increased deficits.Every single article is pro Obama and anti Trump.Trumpâs Deficits Are Racing Past Obamaâs
President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.www.forbes.com
President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.
When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.
Unprecedented deficits when the economy is growing
The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.
As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.
No bias there folks....
In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?
Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).
Similarly, spending increase put more dollars into the private sector.
Yes trump policy failed to increase growth as he promised.
Real GDP in 2016 was +1.6%.
Trumpâs Economic Growth Is Slower Than Obamaâs Last 3 Years
President Trump says the economy is the best ever. When you look at GDP growth rates, one quickly realizes he is gaslighting the American public. Each of the last three years of Obama’s economy were stronger than Trump’s 2019 once adjusted for trade, inventory impacts and government spending.www.forbes.com
You said he failed to increase growth.
Clearly you were mistaken.
Trumpâs Economic Growth Is Slower Than Obamaâs Last 3 Years
President Trump says the economy is the best ever. When you look at GDP growth rates, one quickly realizes he is gaslighting the American public. Each of the last three years of Obama’s economy were stronger than Trump’s 2019 once adjusted for trade, inventory impacts and government spending.www.forbes.com
Nope, Obama growth was better
Obama's 2016 was +1.6%.
Trump had
2017 +2.4%
2018 +2.9%
2019 +2.3%
Real GDP under Impeached Trump... 2.6%
“We're bringing it [GDP] from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.” ~ Impeached Trump
Meanwhile, Impeached Trump is the only president recorded to not have a single quarter of real GDP exceed 3.5% growth.
Deranged lunatic, if you don't even know what the fuck I'm talking about, why the fuck are you injecting COVID-19 into a discussion about GDP??
Not to mention, I already said where the 2.6% GDP comes from.
So answer the question, what does COVID-19 have to do with Impeached Trump's 2.6% GDP??
Already stated.
"Trump was impeached? When?"
December 18th, 2019
"I cannot follow your illogic."
Because you're a flaming idiot.
Now what does COVID-19 have to do with Impeached Trump's 2.6% GDP??
Why are you so afraid to answer??
Why are you so afraid to answer??
What does COVID-19 have to do with Impeached Trump's 2.6% GDP??
Now wtf does COVID-19 have to do with that?
Should I just write you off as the forum's biggest pussy who's too scared to explain his disconnected thoughts on COVID-19?
Faun: Real GDP under Impeached Trump... 2.6%AzogtheDefiler: Ummmm....COVID-19
Here, I'll answer the question you're too skeered to answer....
What does COVID-19have to do with Impeached Trump's 2.6% real GDP growth?
Absolutely fucking nothing. The latest GDP figures go only through Q4-2019, before COVID-19 had any impact on our economy.
So when you tried blaming COVID-19, you really exposed yourself as a 5th Avenuer whose lios are so far up Impeached Trump's fat ass, you can taste what he had for lunch since here you are, making up excuses for his 2.6% growth that have absofuckinglutely nothing to do with it.
Now everyone here sees why you flat out refused to answer that question.
"Ummmm....COVID-19"
COVID-19 around since October? Trump only impeached in December? It has been “Impeached Trumps” economy for 5 mos. by your definition. If you want to discuss President Trump it is a different story but you specifically said “Impeached Trump” and he was not that until December 18th by your own post? So keep laughing at yourself.
Yeah, deranged lunatic, because COVID-19 was a factor of GDP until Q4 2019.
You literally made up an excuse that doesn't exist.
Impeached Trump has only been President for 5 mos. He was NOT "Impeached Trump" from Jan 2016 - Nov 2019. Agree or disagree?
Trump was not impeached, he was acquitted of false charges brought by lying democrat traitors
Acquittal doesn't wash away the stain of impeachment, ya lying nutbag.
Do they breed you idiots to be this stupid??
Really, deranged lunatic? Now you're resorting to I'm rubber, you're glue...
And you're not following because you're a deranged lunatic. That's been firmly established.
He has been that for five months. He was NOT "Impeached Trump" before December 2018. I am not sure what is lost in translation here for you.
You're such an idiot.
Where did I say he was impeached before December 2018?