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49
Strategist
2018 Jul 27, 1:02pm
Strategist
2018 Jul 27, 1:02pm
Congratulations to Quigley and Trump supporters for their awesome forecast.
Trump haters, I don't know what we are gonna do with you guys. I really don't.
Trump haters, I don't know what we are gonna do with you guys. I really don't.
50
MrBark
2018 Jul 27, 2:56pm
Boom, ha. More like Ka-boom before the end of Trump's term. I'm glad he's owning this economy, so when it comes crashing down he can take full blame. Can't wait until he tried to blame Hillary or Obama for it. Our economy is fake, 2008 was just a warm up for the real crash.
51
marcus
2018 Jul 27, 3:03pm
marcus
2018 Jul 27, 3:03pm
The question is, is this worth the massive deficits we're running right now ?
Paying for economic growth with massive deficit spending is nothing new.
https://www.nytimes.com/2018/07/25/business/trump-corporate-tax-cut-deficit.html
The deficit this year wil be in the 800 billion to one trillion dollar range. I know that my mentioning that will make you guys change the subject to bring up Obama deficits, that occurred with the worst recession since the depression, and when we were paying for Medicare part D and Iraq war spending that had been put on the credit card by Bush.
That's all irrelevant. IF these are boom times, then it should be one time when deficits are low, or where we even run surpluses as we did toward the end of the Clinton years.
Right wingers: "Yeah, b-b-b-but,.........."
Paying for economic growth with massive deficit spending is nothing new.
https://www.nytimes.com/2018/07/25/business/trump-corporate-tax-cut-deficit.html
The deficit this year wil be in the 800 billion to one trillion dollar range. I know that my mentioning that will make you guys change the subject to bring up Obama deficits, that occurred with the worst recession since the depression, and when we were paying for Medicare part D and Iraq war spending that had been put on the credit card by Bush.
That's all irrelevant. IF these are boom times, then it should be one time when deficits are low, or where we even run surpluses as we did toward the end of the Clinton years.
Right wingers: "Yeah, b-b-b-but,.........."
52
MrMagic
2018 Jul 27, 3:22pm
MrMagic
2018 Jul 27, 3:22pm
MrBark says
Which term, the first one or the second one?
Boom, ha. More like Ka-boom before the end of Trump's term.
Which term, the first one or the second one?
53
MisdemeanorRebel
2018 Jul 27, 6:42pm
MisdemeanorRebel
2018 Jul 27, 6:42pm
marcus says
A question that should have been asked 2009-2016, when we added $10T, doubling the debt, in return for a rather sluggish recovery.
The question is, is this worth the massive deficits we're running right now ?
A question that should have been asked 2009-2016, when we added $10T, doubling the debt, in return for a rather sluggish recovery.
55
marcus
2018 Jul 28, 11:21am
marcus
2018 Jul 28, 11:21am
TwoScoopsOfWompWomp says
That was a bizzarre deep recession, zirp environment. I knew one of you would try to make that lame argument.
Just don't try to claim that the economy is actually in a healthy boom now, if it's financed with tax cuts and massive deficits.
A question that should have been asked 2009-2016, when we added $10T, doubling the debt, in return for a rather sluggish recovery.
That was a bizzarre deep recession, zirp environment. I knew one of you would try to make that lame argument.
Just don't try to claim that the economy is actually in a healthy boom now, if it's financed with tax cuts and massive deficits.
56
MrMagic
2018 Jul 28, 12:28pm
MrMagic
2018 Jul 28, 12:28pm
marcus says
@marcus interesting on how you decided to pass on this point:
MrMagic says
It's almost as you think that never happened.....
TwoScoopsOfWompWomp saysA question that should have been asked 2009-2016, when we added $10T, doubling the debt, in return for a rather sluggish recovery.
That was a bizzarre deep recession, zirp environment. I knew one of you would try to make that lame argument.
@marcus interesting on how you decided to pass on this point:
MrMagic says
Out of 32 quarters.. that means 28 quarters DIDN'T hit that mark, even with an injection of $4 TRILLION of QE, ZIRP, a $787 BILLION stimulus package and adding $10 TRILLION of new debt.
It's almost as you think that never happened.....
57
marcus
2018 Jul 29, 1:24pm
marcus
2018 Jul 29, 1:24pm
TwoScoopsOfWompWomp says
Not altogether unlike where the tax cuts to upper income folks go now ?
Instead the money kinda just went to the banks and overseas.
Not altogether unlike where the tax cuts to upper income folks go now ?
61
FuckTheMainstreamMedia
2019 Nov 19, 9:44pm
FuckTheMainstreamMedia
2019 Nov 19, 9:44pm
Wow some of the early posts in this thread did not age well.
« First « Previous Comments 49 - 61 of 61 Search these comments
With the election of Donald J. Trump, the coming recession has been cancelled! Prepare now for a major economic boom as the nation roars back to economic life. Companies and individuals feel confident in investing in America once again, reassured by the incoming President that he wants to make America a business friendly country. Even before he has taken office he has taken steps to encourage companies to stay in the USA and create jobs. Taken as a total package, Trump's plan for the economy is a royal flush and markets are responding.
I'm calling it now. Boom economy starts next year!
Some reference material: http://www.breitbart.com/big-government/2016/12/14/trump-boom-companies-vow-tens-thousands-us-jobs-trump-win/
#investing