The Banker
Diamond Member
- Banned
- #1
We need a massive 1% rate cut and a stimulus package! AHAHAH!!!!
Bill Clinton didn't have to beg the FED for an overly massive rate cut, or need government debt financed stimulus to boost the supposedly greatest economy ever!
Clinton had 5-6% interest rates, and a balanced budget. Trump is crying over a weak little 2% and he has spent $trillions in debt to finance this supposedly greatest economy ever.
Trump inherited a $500B/yr annual government deficit in 2016, and he ran that up to $1.2+T- That $700 Billion/yr, a massive increase in deficit!!!!! That $700 B/yr is has caused this little pop in our economy, GDP has only increased slightly from Obama. Now that government deficit spending is less effective and the trade war is causing problems.
FACT OF THE DAY:
The Obama stimulus package was $800 B over 10 years!!
Trump's tax cuts and government spending/stimulus has cost almost that amount in 1 year!!!!!
WTF!!!!
Bill Clinton didn't have to beg the FED for an overly massive rate cut, or need government debt financed stimulus to boost the supposedly greatest economy ever!
Clinton had 5-6% interest rates, and a balanced budget. Trump is crying over a weak little 2% and he has spent $trillions in debt to finance this supposedly greatest economy ever.
Trump inherited a $500B/yr annual government deficit in 2016, and he ran that up to $1.2+T- That $700 Billion/yr, a massive increase in deficit!!!!! That $700 B/yr is has caused this little pop in our economy, GDP has only increased slightly from Obama. Now that government deficit spending is less effective and the trade war is causing problems.
FACT OF THE DAY:
The Obama stimulus package was $800 B over 10 years!!
Trump's tax cuts and government spending/stimulus has cost almost that amount in 1 year!!!!!
WTF!!!!