Bias against Trump

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Bias against Trump

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Stirlingsays 24 Feb 18 6.10pm
Originally posted by .TUX. On September 7, 2017, only five-and-a-half months ago (just before Congress suspended the debt ceiling), the gross national debt stood at .8 trillion. As of the latest reporting by the Treasury Department, the US gross national debt rose by .5 billion on Thursday, February 22, to a grand total of .8 trillion. 1 trillion of debt added in less than 6 months........and these are supposed to be the good times!!!!!! Debt is a worldwide issue. America will add quite a lot of debt before it stops. Its infrastructure needs updating around the country. What matters is the state of the economy and in that sense America is doing well. Edited by Stirlingsays (24 Feb 2018 7.26pm) 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

24 Feb 18 6.10pm

Originally posted by .TUX.

On September 7, 2017, only five-and-a-half months ago (just before Congress suspended the debt ceiling), the gross national debt stood at .8 trillion.
As of the latest reporting by the Treasury Department, the US gross national debt rose by .5 billion on Thursday, February 22, to a grand total of .8 trillion.

1 trillion of debt added in less than 6 months........and these are supposed to be the good times!!!!!!

Debt is a worldwide issue.

America will add quite a lot of debt before it stops. Its infrastructure needs updating around the country.

What matters is the state of the economy and in that sense America is doing well.

Edited by Stirlingsays (24 Feb 2018 7.26pm)

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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.TUX. 24 Feb 18 7.52pm
Originally posted by Stirlingsays Debt is a worldwide issue. America will add quite a lot of debt before it stops. Its infrastructure needs updating around the country. What matters is the state of the economy and in that sense America is doing well. Edited by Stirlingsays (24 Feb 2018 7.26pm) Clueless. Buy Litecoin.
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.TUX.

24 Feb 18 7.52pm

Originally posted by Stirlingsays

Debt is a worldwide issue.

America will add quite a lot of debt before it stops. Its infrastructure needs updating around the country.

What matters is the state of the economy and in that sense America is doing well.

Edited by Stirlingsays (24 Feb 2018 7.26pm)

Clueless.

Buy Litecoin.

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Stirlingsays 25 Feb 18 1.20am
Originally posted by .TUX. Clueless. Oh really. Pray tell us oh cluded up person, what exactly do you think the American economy should be doing right now? 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

25 Feb 18 1.20am

Originally posted by .TUX.

Clueless.

Oh really.

Pray tell us oh cluded up person, what exactly do you think the American economy should be doing right now?

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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Penge Eagle Beckenham 25 Feb 18 6.29am
This is a crazy website with the US debt and s*** loads of other stats updated in real time [Link]
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Penge Eagle

Beckenham 25 Feb 18 6.29am

This is a crazy website with the US debt and s*** loads of other stats updated in real time [Link]

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.TUX. 25 Feb 18 8.06am
Originally posted by Stirlingsays Oh really. Pray tell us oh cluded up person, what exactly do you think the American economy should be doing right now? Better than it is given the amount of borrowing. As with the UK, personal debt levels in the US are at historically high levels and this is just to 'maintain' a (normal) lifestyle, not improve upon one. Hardly a good indicator of a healthy economy. Buy Litecoin.
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.TUX.

25 Feb 18 8.06am

Originally posted by Stirlingsays

Oh really.

Pray tell us oh cluded up person, what exactly do you think the American economy should be doing right now?

Better than it is given the amount of borrowing.

As with the UK, personal debt levels in the US are at historically high levels and this is just to 'maintain' a (normal) lifestyle, not improve upon one. Hardly a good indicator of a healthy economy.

Buy Litecoin.

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.TUX. 25 Feb 18 8.15am
Originally posted by Penge Eagle This is a crazy website with the US debt and s* loads of other stats updated in real time [Link] I like the 'DebtClock'. Notice the true price of Gold/Silver (far lower right) compared to the manipulated price** that we currently buy at [Link] It's no wonder many govts and institutions have been loading up for a while now. Edited by .TUX. (25 Feb 2018 8.17am) Buy Litecoin.
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.TUX.

25 Feb 18 8.15am

Originally posted by Penge Eagle

This is a crazy website with the US debt and s*** loads of other stats updated in real time [Link]

I like the 'DebtClock'.
Notice the true price of Gold/Silver (far lower right) compared to the manipulated price that we currently buy at [Link]
It's no wonder many govts and institutions have been loading up for a while now.

Edited by .TUX. (25 Feb 2018 8.17am)

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Stirlingsays 25 Feb 18 11.07am
Originally posted by .TUX. Better than it is given the amount of borrowing. As with the UK, personal debt levels in the US are at historically high levels and this is just to 'maintain' a (normal) lifestyle, not improve upon one. Hardly a good indicator of a healthy economy. Again, what should the American economy be doing? I mean.....if someone wants to throw 'clueless' around they should know what they are talking about. The American economy is running in an improved state than it was under Obama. Trump has more ambitious spending plans but this is only because the Democrats won't block him....unlike the republicans who blocked Obama who also tried far higher spending plans. Edited by Stirlingsays (25 Feb 2018 11.09am) 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

25 Feb 18 11.07am

Originally posted by .TUX.

Better than it is given the amount of borrowing.

As with the UK, personal debt levels in the US are at historically high levels and this is just to 'maintain' a (normal) lifestyle, not improve upon one. Hardly a good indicator of a healthy economy.

Again, what should the American economy be doing?

I mean.....if someone wants to throw 'clueless' around they should know what they are talking about.

The American economy is running in an improved state than it was under Obama. Trump has more ambitious spending plans but this is only because the Democrats won't block him....unlike the republicans who blocked Obama who also tried far higher spending plans.

Edited by Stirlingsays (25 Feb 2018 11.09am)

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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.TUX. 25 Feb 18 7.07pm
Originally posted by Stirlingsays Again, what should the American economy be doing? I mean.....if someone wants to throw 'clueless' around they should know what they are talking about. The American economy is running in an improved state than it was under Obama. Trump has more ambitious spending plans but this is only because the Democrats won't block him....unlike the republicans who blocked Obama who also tried far higher spending plans. Edited by Stirlingsays (25 Feb 2018 11.09am) Better....than....it....is. In June 1970 the US GDP was $1.1 trillion and it has since expanded over 18x to around $19.6 trillion. In June 1970 total public and private debt outstanding was $1.58 trillion and has since expanded by 42x to $67trillion. 'Obama this' or 'Democrat that' is irrelevant. This pattern, 18x v 42x , is all that matters. And it's only getting worse. Again, as with the average Brit, the average American is far worse off now than they would've been 40yrs ago.....whether you, or anyone else for that matter, believes it. This is getting tedious so let's call a truce. Take care. Edited by .TUX. (25 Feb 2018 7.16pm) Edited by .TUX. (25 Feb 2018 7.19pm) Buy Litecoin.
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.TUX.

25 Feb 18 7.07pm

Originally posted by Stirlingsays

Again, what should the American economy be doing?

I mean.....if someone wants to throw 'clueless' around they should know what they are talking about.

Edited by Stirlingsays (25 Feb 2018 11.09am)

Better....than....it....is.

In June 1970 the US GDP was $1.1 trillion and it has since expanded over 18x to around $19.6 trillion.
In June 1970 total public and private debt outstanding was $1.58 trillion and has since expanded by 42x to $67trillion.
'Obama this' or 'Democrat that' is irrelevant. This pattern, 18x v 42x , is all that matters. And it's only getting worse.
Again, as with the average Brit, the average American is far worse off now than they would've been 40yrs ago.....whether you, or anyone else for that matter, believes it.

This is getting tedious so let's call a truce.
Take care.

Edited by .TUX. (25 Feb 2018 7.16pm)

Edited by .TUX. (25 Feb 2018 7.19pm)

Buy Litecoin.

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Stirlingsays 25 Feb 18 7.18pm
Originally posted by .TUX. Better....than....it....is. In June 1970 the US GDP was .1 trillion and it has since expanded over 18x to + trillion. In June 1970 total public and private debt outstanding was .58 trillion and has since expanded by 42x to trillion. 'Obama this' or 'Democrat that' is irrelevant. This pattern, 18x v 42x , is all that matters. And it's only getting worse. Again, as with the average Brit, the average American is far worse off now than they would've been 40yrs ago.....whether you, or anyone else for that matter, believes it. This is getting tedious so let's call a truce. Take care. Referring back to 1970? Administrations deal with the economies they take over. Waffling about the historical has zero to do with the point I was making. All an administration can do is create policies that invite as much investment as possible....I invited you ...the person who called me 'clueless'..... to state how this administration could be doing better.....and you have, 'Better....than....it....is. ' You called me clueless. Well, TUX you certainly informed me about yourself if nothing else. 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

25 Feb 18 7.18pm

Originally posted by .TUX.

Better....than....it....is.

In June 1970 the US GDP was .1 trillion and it has since expanded over 18x to + trillion.
In June 1970 total public and private debt outstanding was .58 trillion and has since expanded by 42x to trillion.
'Obama this' or 'Democrat that' is irrelevant. This pattern, 18x v 42x , is all that matters. And it's only getting worse.
Again, as with the average Brit, the average American is far worse off now than they would've been 40yrs ago.....whether you, or anyone else for that matter, believes it.

This is getting tedious so let's call a truce.
Take care.

Referring back to 1970?

Administrations deal with the economies they take over. Waffling about the historical has zero to do with the point I was making.

All an administration can do is create policies that invite as much investment as possible....I invited you ...the person who called me 'clueless'..... to state how this administration could be doing better.....and you have, 'Better....than....it....is. '

You called me clueless. Well, TUX you certainly informed me about yourself if nothing else.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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crystal balls The Garden of Earthly Delights 26 Feb 18 6.03pm
Any measures taken by governments have a fairly long lead-in time before they become effective. Therefore Trump claiming that the US economy was doing well as evidenced by the stock market being at an all time high a while back has no resonance. The only legislation he has managed to introduce so far are the tax cuts which are set to take place later this year and next, so when they come into play we shall see what effect they have. Corporation tax is set to reduce from 35% to 21% and companies who bring offshore profits back to the US will pay a "repatriation tax" of only 15.5%. The hope is that these corporations invest the money to revive industries and create jobs. This is not a new measure. Under Bush in 2001 similar tax cuts were introduced, but 80% of the money "repatriated" was used to buy back shares in the said corporations and less than 20% was actually invested, so the effect was minimal. There will also be reductions in individual tax rates for higher earners. When Bush did this people re-paid debt or increased savings rather than spend the money, the only way the wider economy would benefit. The main problem with all this is that it will increase the US debt mountain massively, and is unlikely to have any real positive effect on the economy. Not exactly making America great again! But that was never his real intention, he just craves attention, and being President is a step up from game show host! Won't be long now til he gets told "you're fired"! I used to be immortal
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crystal balls

The Garden of Earthly Delights 26 Feb 18 6.03pm

Any measures taken by governments have a fairly long lead-in time before they become effective. Therefore Trump claiming that the US economy was doing well as evidenced by the stock market being at an all time high a while back has no resonance.
The only legislation he has managed to introduce so far are the tax cuts which are set to take place later this year and next, so when they come into play we shall see what effect they have. Corporation tax is set to reduce from 35% to 21% and companies who bring offshore profits back to the US will pay a "repatriation tax" of only 15.5%. The hope is that these corporations invest the money to revive industries and create jobs.
This is not a new measure. Under Bush in 2001 similar tax cuts were introduced, but 80% of the money "repatriated" was used to buy back shares in the said corporations and less than 20% was actually invested, so the effect was minimal.
There will also be reductions in individual tax rates for higher earners. When Bush did this people re-paid debt or increased savings rather than spend the money, the only way the wider economy would benefit.

The main problem with all this is that it will increase the US debt mountain massively, and is unlikely to have any real positive effect on the economy. Not exactly making America great again! But that was never his real intention, he just craves attention, and being President is a step up from game show host! Won't be long now til he gets told "you're fired"!

I used to be immortal

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Stirlingsays 27 Feb 18 4.45pm
Originally posted by crystal balls Any measures taken by governments have a fairly long lead-in time before they become effective. Therefore Trump claiming that the US economy was doing well as evidenced by the stock market being at an all time high a while back has no resonance. The only legislation he has managed to introduce so far are the tax cuts which are set to take place later this year and next, so when they come into play we shall see what effect they have. Corporation tax is set to reduce from 35% to 21% and companies who bring offshore profits back to the US will pay a "repatriation tax" of only 15.5%. The hope is that these corporations invest the money to revive industries and create jobs. This is not a new measure. Under Bush in 2001 similar tax cuts were introduced, but 80% of the money "repatriated" was used to buy back shares in the said corporations and less than 20% was actually invested, so the effect was minimal. There will also be reductions in individual tax rates for higher earners. When Bush did this people re-paid debt or increased savings rather than spend the money, the only way the wider economy would benefit. The main problem with all this is that it will increase the US debt mountain massively, and is unlikely to have any real positive effect on the economy. Not exactly making America great again! But that was never his real intention, he just craves attention, and being President is a step up from game show host! Won't be long now til he gets told "you're fired"! Sorry, your claims that the upturn in the US economy isn't to do with Trump is pure nonsense. He has been President for more than a year now. As soon as the president elect is known businesses are making decisions on the future. This was clearly seen in the business response to Trump.....just as it would be seen in a business response to Corbyn if he were ever elected. I agree with you that the only significant change (ignoring immigration and the supreme court) has been the tax changes. Again, on this you completely ignore how this change massively changes the economy even before implementation with businesses not waiting.....you aren't in the real world if you think they hang around until the actual day to be left behind by the competition......As soon as that bill passed business reacted. The tax changes have been popular in the US with Trump's approval ratings taking a considerable uptick and it will be hard for the Democrats to campaign on a ticket of major tax rises. But we will see how the tax changes and the infrastructure spending goes and how its increased addition to the debt mountain will change things in reality. Of course share holders will gain from tax cuts but I also find it very selective to blank out the opportunities for reinvestment. We will see what happens....for the moment unemployment is down and most indicators are good. America has the power to restructure debts if and when it feels that need.....all the predictions of doom fail to take account of economies like Japan....a country with a higher standard of living than us yet one that has had doom sayers predicting its downfall for decades......and Japan at the moment is actually buying back debt. This is not an endorsement of some of Trump's other policies but on the economy I've yet to see a balanced overview.....I see a lot of emotional reactions to Trump rather than rational reactions to what is actually happening. Like the thread title says.....bias against Trump. Edited by Stirlingsays (27 Feb 2018 4.52pm) 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

27 Feb 18 4.45pm

Originally posted by crystal balls

Sorry, your claims that the upturn in the US economy isn't to do with Trump is pure nonsense. He has been President for more than a year now.

As soon as the president elect is known businesses are making decisions on the future. This was clearly seen in the business response to Trump.....just as it would be seen in a business response to Corbyn if he were ever elected.

I agree with you that the only significant change (ignoring immigration and the supreme court) has been the tax changes. Again, on this you completely ignore how this change massively changes the economy even before implementation with businesses not waiting.....you aren't in the real world if you think they hang around until the actual day to be left behind by the competition......As soon as that bill passed business reacted.

The tax changes have been popular in the US with Trump's approval ratings taking a considerable uptick and it will be hard for the Democrats to campaign on a ticket of major tax rises.

But we will see how the tax changes and the infrastructure spending goes and how its increased addition to the debt mountain will change things in reality. Of course share holders will gain from tax cuts but I also find it very selective to blank out the opportunities for reinvestment. We will see what happens....for the moment unemployment is down and most indicators are good.

America has the power to restructure debts if and when it feels that need.....all the predictions of doom fail to take account of economies like Japan....a country with a higher standard of living than us yet one that has had doom sayers predicting its downfall for decades......and Japan at the moment is actually buying back debt.

This is not an endorsement of some of Trump's other policies but on the economy I've yet to see a balanced overview.....I see a lot of emotional reactions to Trump rather than rational reactions to what is actually happening.

Like the thread title says.....bias against Trump.

Edited by Stirlingsays (27 Feb 2018 4.52pm)

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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crystal balls The Garden of Earthly Delights 27 Feb 18 6.19pm
Originally posted by Stirlingsays Sorry, your claims that the upturn in the US economy isn't to do with Trump is pure nonsense. He has been President for more than a year now. As soon as the president elect is known businesses are making decisions on the future. This was clearly seen in the business response to Trump.....just as it would be seen in a business response to Corbyn if he were ever elected. I agree with you that the only significant change (ignoring immigration and the supreme court) has been the tax changes. Again, on this you completely ignore how this change massively changes the economy even before implementation with businesses not waiting.....you aren't in the real world if you think they hang around until the actual day to be left behind by the competition......As soon as that bill passed business reacted. The tax changes have been popular in the US with Trump's approval ratings taking a considerable uptick and it will be hard for the Democrats to campaign on a ticket of major tax rises. But we will see how the tax changes and the infrastructure spending goes and how its increased addition to the debt mountain will change things in reality. Of course share holders will gain from tax cuts but I also find it very selective to blank out the opportunities for reinvestment. We will see what happens....for the moment unemployment is down and most indicators are good. America has the power to restructure debts if and when it feels that need.....all the predictions of doom fail to take account of economies like Japan....a country with a higher standard of living than us yet one that has had doom sayers predicting its downfall for decades......and Japan at the moment is actually buying back debt. This is not an endorsement of some of Trump's other policies but on the economy I've yet to see a balanced overview.....I see a lot of emotional reactions to Trump rather than rational reactions to what is actually happening. Like the thread title says.....bias against Trump. Edited by Stirlingsays (27 Feb 2018 4.52pm) I haven't time to debunk the rest of your points, they're so far off as to be funny; but here's a few links [Link] [Link] [Link] [Link] [Link] [Link] I used to be immortal
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crystal balls

The Garden of Earthly Delights 27 Feb 18 6.19pm

Originally posted by Stirlingsays

Sorry, your claims that the upturn in the US economy isn't to do with Trump is pure nonsense. He has been President for more than a year now.

The tax changes have been popular in the US with Trump's approval ratings taking a considerable uptick and it will be hard for the Democrats to campaign on a ticket of major tax rises.

Like the thread title says.....bias against Trump.

Edited by Stirlingsays (27 Feb 2018 4.52pm)

I haven't time to debunk the rest of your points, they're so far off as to be funny; but here's a few links

[Link]

[Link]
[Link]

[Link]

I used to be immortal

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