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Old 12-15-2018, 04:50 PM   #91
Buckeye
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What you linked has little to do with what I posted and the point I made, but I expected such.

Not dismissing the federal debt but until the debt-to-GDP ratio reaches 115+ per cent, the geniuses in Wash DC will continue to spend and waste money... and tax. We're at a dangerous 107 per cent now.

This is just the steel and aluminum tariffs; now that China and the other trading partners have agreed to lowering their tariffs, buy more of our goods such as cars and soybeans, etc., this will add moolah to the US Treasury and narrow the deficit (but not the federal debt; that needs radical change and the country is too soft for the required medicine needed.)



https://www.washingtonexaminer.com/n...n-and-counting
Are you suggesting a Convention of the States Article 5 solution?
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Old 12-15-2018, 06:20 PM   #92
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The Trump administration has assessed $4.4 billion worth of duties on steel and aluminum imports and a range of goods from China under the tariffs it imposed in an effort to protect U.S. companies.
All of which was passed on to the American consumer in higher prices. And the tariffs allowed American companies to raise their prices, which were also passed on to the American consumer.
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Old 12-15-2018, 06:23 PM   #93
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All of which was passed on to the American consumer in higher prices. And the tariffs allowed American companies to raise their prices, which were also passed on to the American consumer.
It's not better to just "lie down" and take it from China.
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Old 12-15-2018, 06:41 PM   #94
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It's not better to just "lie down" and take it from China.
Take what from China? Lower priced consumer goods that hold down the cost of living of Americans?

A trade deficit is not a bad thing for a highly developed country. The US has been running one since the late 70s. Our economy keeps growing, wages go up, and people have a higher standard of living. All helped by those evil Chinese.

A trade deficit means a capital surplus. That means that foreigners are investing more in the US than we are investing in foreign countries. That means more jobs for Americans.

Bottom line: lower prices and more foreign investment as a result of trade. And Trump wants to put an end to that.
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Old 09-03-2019, 01:23 PM   #95
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* 2Q19 real GDP growth was 2% (released last week).

* The Atlanta Fed is projecting 3Q19 real GDP at 1.7% (the 3Q19 forecast embeds strong consumer activity, offset by weaker investment spending).

https://www.frbatlanta.org/cqer/research/gdpnow.aspx
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Old 09-03-2019, 01:58 PM   #96
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* 2Q19 real GDP growth was 2% (released last week).

* The Atlanta Fed is projecting 3Q19 real GDP at 1.7% (the 3Q19 forecast embeds strong consumer activity, offset by weaker investment spending).

https://www.frbatlanta.org/cqer/research/gdpnow.aspx
Sugar High has worn off...
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Old 09-03-2019, 02:29 PM   #97
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Sugar High has worn off...
Guess the administration will have to come up with something to keep everyone's Bg up, then. What will it be - Do away with the Fed? Cancel the income tax? Subsidies for all, a la the big bad socialist dems? Stay tuned.

"It's the stupid, economy!
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Old 01-30-2020, 09:26 AM   #98
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https://www.marketwatch.com/story/ec...=entertainment

2.1% for 4q2019

2.3% for full year 2019

Allan

PS-2.3% growth is Trumps worst year yet.
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Old 01-30-2020, 09:33 AM   #99
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So we got a 2.6

I am optimistic that we see in excess of 4% before the end of 2018
It’s 2020. Still looking for that elusive white whale.

Trump economy is just a continuation of the Obama recovery.

Allan
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Old 01-30-2020, 09:57 AM   #100
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Old 01-30-2020, 12:32 PM   #101
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Deniers.


When you look at your 401K, you don'wt look at percentage, you look at the bottom line.

401k value - $5,000 dollars
Increase - 2%

401k value - $50,000
Increase - 1.5 %

Which one ya gonna take, Al?
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Old 01-30-2020, 12:49 PM   #102
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Deniers.


When you look at your 401K, you don'wt look at percentage, you look at the bottom line.

401k value - $5,000 dollars
Increase - 2%

401k value - $50,000
Increase - 1.5 %

Which one ya gonna take, Al?
Deniers?

My 401k went up under both Obama and trump.

Trump economy is exactly the same as Obama.s and my 401k is Happy.

As long as we stay away from the w economy everything will be good.

Allan

Allan
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Old 01-30-2020, 02:35 PM   #103
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Old 01-30-2020, 07:55 PM   #104
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Deniers?

My 401k went up under both Obama and trump.

Trump economy is exactly the same as Obama.s and my 401k is Happy.

As long as we stay away from the w economy everything will be good.

Allan

Allan
Not even close, I had a bunch of friends stuck in suck jobs now held by people who really needed a job. Those friends I speak about all are making more money than the jobs they left.
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Old 01-30-2020, 10:14 PM   #105
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First they say Trump will destroy the economy, then when it hits new heights, it is Obama's polices...after 3 years!
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