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"I have the best words" . . .

Started by Rooinek97 REPLIES1,456 VIEWS· 30 Jan 2020, 10:27
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RO
RooinekCaptain18,117 posts
30 Jan 2020, 10:27
#1
30 Jan 2020, 10:27#1

LMAO!


Bozo demonstrating yet again that he has all the best words.

DB
DbDraadCaptain26,388 posts
30 Jan 2020, 11:24
#2
30 Jan 2020, 11:24#2

 Best economy too! Going from strength to strength. I wish our clowns were a fraction as competent at the things that really count...

PL
PlumCaptain21,007 posts
30 Jan 2020, 12:09
#3
30 Jan 2020, 12:09#3

What a legend Trump is!

DB
DbDraadCaptain26,388 posts
30 Jan 2020, 13:03
#4
30 Jan 2020, 13:03#4

Meanwhile...

BE
Beeno1Captain40,032 posts
30 Jan 2020, 14:02
#5
30 Jan 2020, 14:02#5

Trump's approval ratings reach all time highs. 

Rooibozo's credibility reach all time lows. What a nutjob the rooibozo is!


SH
sharkbokCaptain23,198 posts
30 Jan 2020, 14:33
#6
30 Jan 2020, 14:33#6

People are raving about a 1.1% -2% GDP growth rate? This is very average. Obama had years with much higher GDP. 

Unemployment is very low, but somehow this is not reflected in GDP. It might be that Trump's Tradewars have just created more local employment opportunities. 

Also, Trump keeps slashing interests rates to boost economic growth , and part of his election promise was that he clear the US debts. He is increasing debts at a faster rate than Obama. 


A growing number of American economists are bullish about growth in the coming year.

The National Association for Business Economics said in a survey released Monday that 67% of respondents expect America's gross domestic product -- the most complete measure of the nation's economy -- to grow by 1.1% to 2% this year. A growing number of respondents (30%, compared to 20% in October) expect even higher growth of up to 3%.
DB
DbDraadCaptain26,388 posts
30 Jan 2020, 15:25
#7
30 Jan 2020, 15:25#7

"Also, Trump 1keeps slashing interests rates to boost economic growth, and part of his election promise was that he clear the US debts. 2He is increasing debts at a faster rate than Obama. "

"A growing number of respondents (30%, compared to 20% in October) expect even higher growth of up to 3%."

And the source is CNN, so it's probably slanted against Trump too.

  1. BS. he has no control over the Fed.
  2. I call BS, but I'll consider your sources.




SH
sharkbokCaptain23,198 posts
30 Jan 2020, 16:51
#8
30 Jan 2020, 16:51#8
2. I provided a chart recently listed on one of Mozart's thread. The source was the federal bank of America (or something similarly named). It proves that debt is growing faster under Trump than Obama. I will try find the post
RO
RooinekCaptain18,117 posts
30 Jan 2020, 17:10
#9
30 Jan 2020, 17:10#9
It's easy to make the economy look good in the short term when you slap an additional $3 trillion onto the national debt.
Only history will show what a complete mess this bungling fool has made of the US economy in a very short space of time . . . but as long as he can gloat about the stock exchange the brainwashed Trumpanzees will be falling over themselves to kiss his fat bloated arse . . . as we see on this very board every day.
AJ
AJHPro3,183 posts
30 Jan 2020, 17:34
#10
30 Jan 2020, 17:34#10

Rooinek the only know "Arse Kisser" is a Democrat running for President.

You know the guy the ex-mayor of GloryHole and full time "SUCKER" called BOOTY.

For all other snowflakes who require a quick reference on any information with respect to President Trump can be fast checked on the following sites:

Ignorant-max-waters@.homeless.usa or PencilNeck@allwrong.usa. or you can wait until March when Bolton's book is released.


Happy surfing Snowflakes.


MO
MozartCaptain49,914 posts
30 Jan 2020, 17:37
#11
30 Jan 2020, 17:37#11

Barack Obama: Added $8.588 trillion, a 74% increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.

    ...And the facts shall own them....haha haha....and that was while he neutered the military, which the Donald has had to rebuild in the interests of national security
    SH
    sharkbokCaptain23,198 posts
    30 Jan 2020, 18:08
    #12
    30 Jan 2020, 18:08#12
    sharkbok

    Hall Of Fame

    10571 posts

    Jan 11, 2020, 18:52

    These are some alternate sources for deficit under Trump. Obama was also bad, but Trump has made it worse. 


    https://www.ft.com/content/afef409e-f758-11e9-9ef3-eca8fc8f2d65  (This one uses the Federal Reserve as a source)- who are probably the most trustworthy source possible

    It is clear that under Trump the problem is rapidly getting worse, so Trump will eventually push the economy into another recession. 
    https://www.thebalance.com/us-deficit-by-year-3306306


    Trump was meant to be pulling troops out of the middle east to reduce war expenses

      0 0 Likes

    DbDraad

    Hall Of Fame

    11599 posts

    Jan 11, 2020, 19:23

    Trump makes less war, but he did pump massive funds into the military...as a deterrent...and together with behind the scenes diplomacy...working too.


    "This one uses the Federal Reserve as a source)- who are probably the most trustworthy source possible"


    Not necessarily...the FR has their own agenda, but the numbers are probably right ....as long as the deficit is increasing less than the growth in GDP it shouldn't be a problem. 

    SH
    sharkbokCaptain23,198 posts
    30 Jan 2020, 18:09
    #13
    30 Jan 2020, 18:09#13

    This is the thread:

    My posting above:


    Brycy posting below: 

    Brycy

    Rugby Legend

    4537 posts

    Jan 11, 2020, 02:38

    ...So much winning with the federal deficit as well..

    Federal deficit:

    2009: 1.4 Trillion (Obama begins) 2017: $665 Billion (53% reduction)

    2017: $665 Billion (Trump begins) 2019: $984 Billion (48% increase)


    SH
    sharkbokCaptain23,198 posts
    30 Jan 2020, 18:19
    #14
    30 Jan 2020, 18:19#14
    Trump's campaign pledges were to remove more Troops from the middle east and reduce national debt. 
    Instead, he has invested in the army- and is rapidly growing national debt. If he remains in power, he will cause another recession- just like the 2009 credit crunch recession caused by being sensible providing loans (e.g. not using collateral). 
    Obama took over after the credit crunch recession in 2009, and he was able to decrease the national debt while also increase GDP.
    Trump's GDP is very average, and he is putting America back into debt again. 
    MO
    MozartCaptain49,914 posts
    30 Jan 2020, 18:20
    #15
    30 Jan 2020, 18:20#15

    And then there’s the other side of the debt coin, lost in all this......during Trump’s term the household debt to income ratio has dropped from 77.9% to 74.9%. Benefiting from lower taxes consumers are improving their balance sheets.

    Household debt at $14 Trillion approaches national debt at $19 trillion. So that percentage drop in the debt to income ratio is worth $560 billion.

    And the additional $220 billion spent on the military would have been dwarfed by that improvement in consumer debt......were it not for the inevitable march of Democrat entitlements.

    SH
    sharkbokCaptain23,198 posts
    30 Jan 2020, 18:23
    #16
    30 Jan 2020, 18:23#16
    Those are microeconomic factors, the macro total picture is Trump is increasing debt rapidly but the GDP growth is average. If the debt gets too high it will cause another credit crunch recession- and then more people will be jobless than before Trump started.

    His economic wars going from continent to continent is a means for the rest of the world to team up, and put massive taxes on their Tech companies and other US companies. The longer Trump is in power, the less international allies America is going to have.

    SH
    sharkbokCaptain23,198 posts
    30 Jan 2020, 18:52
    #17
    30 Jan 2020, 18:52#17

    These are a few sources for GPD Growth of the US. 

    There is not much significant variation between Obama and Trump in any of them.... They are all slightly different, but the general consensus is the same. 


    https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=US

    Trumps initial period had a higher GDP than now. He cut corporate tax and reduced state service expenses like health. 

    https://www.macrotrends.net/countries/USA/united-states/gdp-growth-rate

    • U.S. gdp growth rate for 2018 was 2.86%, a 0.64% increase from 2017.
    • U.S. gdp growth rate for 2017 was 2.22%, a 0.65% increase from 2016.
    • U.S. gdp growth rate for 2016 was 1.57%, a 1.31% decline from 2015.
    • U.S. gdp growth rate for 2015 was 2.88%, a 0.43% increase from 2014.


    https://www.multpl.com/us-real-gdp-growth-rate/table/by-year

    Obama had a higher GDP in 2014 than in any years of the Trump era. And Obama was reducing national debt as well- and he had to recover from the credit crunch after 2009. 

    And Obama provided more states services like Obama Care. 

    All the data sources I have provided concur that it is a fantasy that Trump is growing GDP.  He is certainly undoing Obama's work of reducing the national debt. 

    Trump is a conman. He goes on live tv and claims he is setting new records this is pretty much BS. 

    Investing in military weapons are deteriorating assets that lose value each year. This is Trumps toy aeroplane collection. What did America get back for this investment, other than a fancy drone that can shoot people in the street? 

    All independent accounts from sources all around the world were that Iran was abiding by the nuclear agreement. The Middle East remains at war with themselves, but this is nothing new. 

    America is the biggest arms manufacturer in the world. More wars, means more guns to sell. The US probably has more nuclear bombs than the rest of the world put together.

    Sep 30, 20192.07%Dec 31, 20182.52%Dec 31, 20172.80%Dec 31, 20162.03%Dec 31, 20151.90%Dec 31, 20142.88%Dec 31, 20132.61%Dec 31, 20121.47%Dec 31, 20111.61%Dec 31, 20102.57%Dec 31, 20090.18%Dec 31, 2008-2.75%
    AJ
    AJHPro3,183 posts
    30 Jan 2020, 19:20
    #18
    30 Jan 2020, 19:20#18

    Obama this, Obama that but in truth Obama actually was the most corrupt, dishonest and disloyal person to ever to hold the office of President of the USA.

    Stay tuned as a lot more info is going to be revealed in the coming months leading up to the November election.

    President "Gitmo" Obama is Finish and Klaar.

    MO
    MozartCaptain49,914 posts
    30 Jan 2020, 20:20
    #19
    30 Jan 2020, 20:20#19

    No....consumer debt at $14 Trillion....is not a microeconomic factor.

    BE
    Beeno1Captain40,032 posts
    30 Jan 2020, 21:36
    #20
    30 Jan 2020, 21:36#20

    Poor old sharktwit quoting CNN!!!!!!!!!!!!!!!! What a FOOL.

    The mong must be wondering why the US stock market vs doing so well. Hahhahahahahahaha

    There are many things to consider but here s something to consider. The USMCA (delayed for 14 months by Piglosi) and the Chinese deal (phase 1) should add 1.2% to GDP. Then the effect of the new Japanese and South Korean trade deals need to be factored in.

    Then there is phase two of the China trade deal that could be completed in 2020.

    Then Trump will get the Europeans to get into line and that deal too will add to GDP.

    Trump has spent a great deal on the Military , some 2.5 trillion dollars to get it right again. He has also had to pay interest on the national debt. Last i saw that was 500 billion dollars Hussein Obummer never had to contend with.

    You have to be a prize ass, as moronic as rooitwit and sharktwit to think Trump's going to lose on the economyas we see vt now. Hahahahahahhahahhahahaha every time these clown sprout their abject drivel they assure one and all as to how deranged and unhinged they are.







    SH
    sharkbokCaptain23,198 posts
    30 Jan 2020, 22:14
    #21
    30 Jan 2020, 22:14#21
    I take anything a politician says with a pinch of salt. I check to see if the figures add up. The bottom line is the GDP of Trump is no better than Obama, but the debt is rapidly increasing. The net effect is that America is poorer...
    The Chinese deal could just mean fewer jobs for US people. So Trump's only saving grace of reducing unemployment could also be toast after this deal goes live. 
    The EU digital tax will reduce American GDP more, and this will be in place until there is an international standard of getting what is owed by these tax evaders.  I want to see Trump try his luck with the EU. 
    Trump wants the fed to reduce interest rates, even more, so he can borrow from the next president that has to pick up the mess. 
    Why does America need so many weapons to protect itself? They could eventually become the next Nazi's that start world war three. They need to stop meddling in other countries politics. Trump's mistake was that he meddled but done this to get dirt on Joe Bidden. Otherwise, it was all routine stuff by the US.
    MO
    MozartCaptain49,914 posts
    31 Jan 2020, 01:27
    #22
    31 Jan 2020, 01:27#22

    A few comments:

    1 America’s net worth is not declining....it’s rising despite the rise in debt. Because total debt is only about 10% of total assets. Read this:


    WASHINGTON (Reuters) - Rising stock and real estate prices helped lift U.S. household wealth to $113.5 trillion in the April through June period, a report by the Federal Reserve showed on Friday. 

    That compares to an upwardly revised $111.6 trillion net worth for households in the first quarter of 2019. 

    The U.S. economy is experiencing its longest expansion on record and households are benefiting from low unemployment and a pickup in wages. The S&P 500 also gained almost 4% during the second quarter. 

    Elsewhere in the central bank’s report, liquid assets held by non-financial firms were $4.5 trillion versus a revised $4.2 trillion in the January-March period.


    2 The Chinese deal will protect US jobs just like USMCA.

    3 The EU exports more to the US than they import.  Almost all European exports are substitutable....the US is in a strong position.

    4 The US interest rates are higher than most of it’s trading partners. Lowering interest rates actually lowers interest payments which reduces debt...it doesn’t increase it. Interest payments are a large part of government spending.

    5 Nobody asked the USA why it was  spending on it’s military when Ukraine needed weapons or when Iraq invaded Kuwait. It’s in the world’s interest that it’s most stable military super power remains in a powerful position.

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 01:39
    #23
    31 Jan 2020, 01:39#23
    If Obama was still in place the GDP would be around the same, but the debt would be less. This is the opposite of what Trump promised.
    Increasing net worth is growing GDP and decreasing debts. This is the countries balance sheet. All the other stuff is fine points of how this all happens and they are not sustainable unless GDP increases more than before. 
    MO
    MozartCaptain49,914 posts
    31 Jan 2020, 17:24
    #24
    31 Jan 2020, 17:24#24

    Disagree. Hell Obama never understood  anything about the economy, he had no business experience.....everything that happened in his tenure was driven by others. He was a spectator in a rather bad production.

    BE
    Beeno1Captain40,032 posts
    31 Jan 2020, 21:21
    #25
    31 Jan 2020, 21:21#25

    Crash goes the boards clown sharktwit once again.

    His problem of course is the globalists MSM says next to nothing about what Trump has done. So the gullible nutjob has no clue whatsoever - a usual state of affairs when i t comes to sharktwvt!

    Apparently the MSM hardly covered the signing of the USMCA deal - the largest deal in the history of the world.

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #26
    31 Jan 2020, 22:37#26

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #27
    31 Jan 2020, 22:37#27

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #28
    31 Jan 2020, 22:37#28

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #29
    31 Jan 2020, 22:37#29

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #30
    31 Jan 2020, 22:37#30

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #31
    31 Jan 2020, 22:37#31

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #32
    31 Jan 2020, 22:37#32

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #33
    31 Jan 2020, 22:37#33

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #34
    31 Jan 2020, 22:37#34

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #35
    31 Jan 2020, 22:37#35

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #36
    31 Jan 2020, 22:37#36

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #37
    31 Jan 2020, 22:37#37

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #38
    31 Jan 2020, 22:37#38

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #39
    31 Jan 2020, 22:37#39

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

    SH
    sharkbokCaptain23,198 posts
    31 Jan 2020, 22:37
    #40
    31 Jan 2020, 22:37#40

    Trump promised GDP over 3% as an election pledge:

    1. In 2019- GDP dropped to 2.3%
    2. In Q4 of 2019 GDP dropped to 1.9% 
    Anytime Trump is in the media he claims he is the best thing America has ever seen. Yet we do not see the results in GDP. 
    Obama someone with limited business experience was doing better than Trump!!!

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