posted by gutTrump is a different animal.....but if the economy remains that strong, it would be unprecedented not to be re-elected.
Unprecedented is the key word here. I wouldn't be surprised if he's voted out despite a good economy. Because he's in an orbit all of his own lol
Enigma
Supply of treasuries reaches $22 Trillion - best economy we have had in years and radio silence from crowd that predicted inevitable economic collapse due to the national debt in 2012. Thank you President Trump!
The greatest lesson of 2016 - you can enact any non-conservative policy you want as a Republican and "conservatives"/anti-Democrats will give it lip service and support you whole heartily to own the libs!
If libs want a Green New Deal we just need to propose building muh wall in the form of Nuke plants, trees and wind turbines along the southern border and every Trump voter will wildly endorse and go on ranting about how "the left" is destroying America because of smashmortion, girls in the boy Scouts, single moms claiming Trump's child tax credits, etc.
posted by BoatShoesSupply of treasuries reaches $22 Trillion - best economy we have had in years and radio silence from crowd that predicted inevitable economic collapse due to the national debt in 2012. Thank you President Trump!
The greatest lesson of 2016 - you can enact any non-conservative policy you want as a Republican and "conservatives"/anti-Democrats will give it lip service and support you whole heartily to own the libs!
If libs want a Green New Deal we just need to propose building muh wall in the form of Nuke plants, trees and wind turbines along the southern border and every Trump voter will wildly endorse and go on ranting about how "the left" is destroying America because of smashmortion, girls in the boy Scouts, single moms claiming Trump's child tax credits, etc.
I know you're not talking about this site, because the posters who have been critical of the debt are still critical of the debt...
Not to mention you take a 2-3 month hiatus form this site all the time after gut breaks your brain, so I am not sure how you would even know if anyone here is silent.
U.S. Steel credits Trump in resuming work at Alabama plant ...
https://www.marketwatch.com › Industries › Metals/Mining › Associated Press
U.S. Steel Corp. will restart construction on an idled manufacturing facility in Alabama
(CNSNews.com) - The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018,
Proving two things (AGAIN):
1 – Cutting rates spurs economic growth resulting in more tax revenue.
2 – We do not have a tax/revenue problem; we only have a SPENDING problem.
posted by QuakerOats(CNSNews.com) - The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018,
Proving two things (AGAIN):
1 – Cutting rates spurs economic growth resulting in more tax revenue.
2 – We do not have a tax/revenue problem; we only have a SPENDING problem.
This
posted by QuakerOats(CNSNews.com) - The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018,
Fantastic news. If only it were an accurate reflection of reality.
You keep ignoring that overall tax revenues DECREASED, because of lower taxes on corporations. Certainly we have a spending problem, but it's also true that taxes are not nearly high enough to support the levels of spending that even the Republicans have chosen.
posted by gutbut it's also true that taxes are not nearly high enough to support the levels of spending that even the Republicans have chosen.
Yep.
posted by gutFantastic news. If only it were an accurate reflection of reality.
You keep ignoring that overall tax revenues DECREASED, because of lower taxes on corporations. Certainly we have a spending problem, but it's also true that taxes are not nearly high enough to support the levels of spending that even the Republicans have chosen.
Drain the swamp; bring in more disrupters.
U.S.-manufactured goods exports rose 5.9 percent through the first 11 months of 2018 relative to the pace at the same timeframe in 2017. That suggests that manufacturing exports have continued to build on the rebound in international demand that started last year.
posted by gutFantastic news. If only it were an accurate reflection of reality.
You keep ignoring that overall tax revenues DECREASED, because of lower taxes on corporations. Certainly we have a spending problem, but it's also true that taxes are not nearly high enough to support the levels of spending that even the Republicans have chosen.
Exactly.
The biggest difference between the two is that the Democrats are at least honest about not trying to be fiscally sane.
posted by QuakerOats
Drain the swamp; bring in more disrupters.
Or just cut spending. Apparently, we can make executive orders and declare emergencies for whatever our little hearts can explain, even allegorically, as necessary. Maybe declare the ridiculous deficit as an emergency.
posted by like_thatI know you're not talking about this site, because the posters who have been critical of the debt are still critical of the debt...
Not to mention you take a 2-3 month hiatus form this site all the time after gut breaks your brain, so I am not sure how you would even know if anyone here is silent.
I still check the site but don't feel inclined to comment much and I have kids, etc. - Trump has completely vindicated my views so not much to say but laugh at the complete lack of hysteria that was prevalent during the Obummer years.
posted by gutFantastic news. If only it were an accurate reflection of reality.
You keep ignoring that overall tax revenues DECREASED, because of lower taxes on corporations. Certainly we have a spending problem, but it's also true that taxes are not nearly high enough to support the levels of spending that even the Republicans have chosen.
You are 100% wrong. Total tax revenue went up. Not by a ton, but they sure didn’t go down.
U.S. Tax Revenue by Year
Here's a record of income for each fiscal year since 1960. There are links to more details about the revenue back to the FY 2006 budget. Tax receipts fell off during the recession but started setting new records by FY 2013.
posted by jmogYou are 100% wrong. Total tax revenue went up. Not by a ton, but they sure didn’t go down.
- FY 2018 - $3.34 trillion, estimated.
LOL, you quoted an estimate as proof I was wrong. I guess the WSJ article I read was using a different estimate, because it said overall revenues decreased about 0.4%.
Not to nitpick or pick sides, but yeah, shouldn't we probably wait until the tax numbers for 2018 are finalized before we announce that revenues went up, particularly with them being as close as they are there?
posted by O-TrapExactly.
The biggest difference between the two is that the Democrats are at least honest about not trying to be fiscally sane.
posted by QuakerOats
Drain the swamp; bring in more disrupters.
Or just cut spending. Apparently, we can make executive orders and declare emergencies for whatever our little hearts can explain, even allegorically, as necessary. Maybe declare the ridiculous deficit as an emergency.
Obviously. Except we always get the same old shit – locked in on entitlements and very little discretionary blah blah blah …….I would love to lead the turnaround team in DC; we could knock out hundreds of billions without batting an eyelash; their heads would be spinning. They have NO CLUE what it takes to be responsible. And they still want your healthcare; your energy; your retirement. Sickening.
posted by QuakerOats
Obviously. Except we always get the same old shit – locked in on entitlements and very little discretionary blah blah blah …….I would love to lead the turnaround team in DC; we could knock out hundreds of billions without batting an eyelash; their heads would be spinning. They have NO CLUE what it takes to be responsible. And they still want your healthcare; your energy; your retirement. Sickening.
Sounds like you are making a case for running for office.
- Record shale output -
Change we can [really] believe in …
posted by QuakerOats
- Record shale output -
Change we can [really] believe in …
Man, good to know Trump had nothing to do with this.
I dug around the data site and going back over 12 years, shale production has increased every year, including every month over time. Shale even went up under the "evil marxist Obama administration" Gasp!
So, it is more an efficiency/ the market figuring out how to be more effective than anything Trump of the Feds are doing.
