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Deficit at Highest Level in 6 Years

Conservative said:
Now the part time for economic reasons
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You're being obtuse. Not everyone who works part time does so for economic reasons.

Here is the chart you've been unable to provide:

fredgraph.png


Suggest you take a civics class as well, when did the GOP Take Congress??
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Now you are deflecting! The electorate gave Obama a second term.
 
Kushinator said:
The graph alone shows you are a liar.



I would call this a lie if not for your complete lack of knowledge on the subject. Now that you've been informed that the full-time employment data isn't segregated to the private sector. In fact, it comes from the CPS survey you love to source in the aggregate.



The data has been presented. You have no excuse for responding with such ignorance.
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No, the chart shows you to be that liar as it recognizes the high number of part time for economic reasons during Obama's first term and how it went down AFTER the GOP Took Congress. The data you presented you don't even know how to read

We're done, I am tired of kicking your ass so going to bed
 
Conservative said:
LOL, so the Reagan stimulus passed in August 1981 is now ignored.
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Your attempt to pigeon hole specific policy into terminology has been exposed. Stimulus is defined by reality, not policy labels. Increasing military expenditures is fiscal stimulus in the form of military Keynesianism.

That was a stimulus that you refuse to accept and apologize for being wrong. typical leftwing arrogance on full display.
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I'm not ignoring anything. Fiscal expenditures increased, tax revenue decreased, and deficits arose. These are the facts.
 
Conservative said:
No, the chart shows you to be that liar as it recognizes the high number of part time for economic reasons during Obama's first term and how it went down AFTER the GOP Took Congress.
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This is referred to as moving the goal posts. Now that you can no longer push your "part-time" false narrative, you've moved on to attributing employment data to Congressional election results. The nation re-elected Barrack Obama to a second term. As stated... you've never had it.

The data you presented you don't even know how to read
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Another lie.

We're done, I am tired of kicking your ass so going to bed
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You are done. If you'd like, i will continue to embarrass you tomorrow.
 
Conservative said:
Keep running from the Return on Investment issue which Obviously you don't understand. You don't understand that 2.6 trillion left by Reagan on a 5.2 trillion debt generated 17 million jobs, doubled GDP and created a peace dividend and was sill 52% of GDP but your partisan bs just shows how poorly informed you are

Bush left us with a 10.6 trillion dollar debt, grew GDP 4.5 trillion dollars leaving us with a 72% debt to GDP ratio, paid for 9/11 and won the Iraq war

Obama left us with a 19.9 trillion debt which is over 105% of GDP grew GDP 3.8 trillion dollars, lost the peace in Iraq and never had GDP over 3% annual

There is the difference radical leftists run from and never address. So yes, debt with an R generated better return than debt from Obama
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Ergo you don't actually care about the debt.

Only who causes it.

If debt is bad, it's bad and if government isn't supposed to create jobs, then the debt should be bad to you, period and it shouldn't matter what your ridiculous estimation of a "Return on investment" was.

But it isn't, it's only bad when one party does it, not when the other party does it.

You have never and will never actually care about the deficit or the debt.
 
Kushinator said:
This is referred to as moving the goal posts. Now that you can no longer push your "part-time" false narrative, you've moved on to attributing employment data to Congressional election results. The nation re-elected Barrack Obama to a second term. As stated... you've never had it.



Another lie.



You are done. If you'd like, i will continue to embarrass you tomorrow.
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Right, Obama's 8-9 million PART TIME FOR ECONOMIC REASONS and average of 13.3% U-6 is a false narrative in that liberal mind of yours. Nothing independent about you. Fact Part time for economic reasons are people who want but cannot find full time jobs and that skews both the employment and unemployment numbers in Obama's favor and liberal robots like you tout those higher employment numbers and lower unemployment numbers just like liberal robots always do

I do see that you are back and I am up well rested and readly to kick ass again. Like so many arrogant leftists you just cannot admit you are wrong.
 
Jetboogieman said:
Ergo you don't actually care about the debt.

Only who causes it.

If debt is bad, it's bad and if government isn't supposed to create jobs, then the debt should be bad to you, period and it shouldn't matter what your ridiculous estimation of a "Return on investment" was.

But it isn't, it's only bad when one party does it, not when the other party does it.

You have never and will never actually care about the deficit or the debt.
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I care about context, debt service and return on investment. You don't understand any of those words. I explained it to you but liberal arrogance will not allow you to admit when wrong. Keep touting liberal performance and keep losing elections and debates
 
Kushinator said:
Your attempt to pigeon hole specific policy into terminology has been exposed. Stimulus is defined by reality, not policy labels. Increasing military expenditures is fiscal stimulus in the form of military Keynesianism.



I'm not ignoring anything. Fiscal expenditures increased, tax revenue decreased, and deficits arose. These are the facts.
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You really ae a piece of work, I gave you the link to the Economic Recovery Act of 1981 and still you argue that wasn't the Reagan stimulus.. What is it about liberalism that creates such loyalty and people like you who cannot admit you are wrong?

Tax revenue decreased? Call Treasury and tell them their data is wrong. let me know the outcome? Treasury disagrees with you but then as usual your arrogance says you are right and they are wrong. Reagan cut FIT taxes three years in a row and still grew FIT revenue over 60% according to Treasury. 17 million new taxpayers generated that revenue and only in the liberal world of yours will people always spend more, create more jobs with less spendable income.
 
Conservative said:
I care about context, debt service and return on investment. You don't understand any of those words. I explained it to you but liberal arrogance will not allow you to admit when wrong. Keep touting liberal performance and keep losing elections and debates
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Translation: I don’t care about the debt.
 
Jetboogieman said:
Translation: I don’t care about the debt.
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Your low expectations and poor understanding of data is noted. You are truly someone the left loves as you promote their ideology making a fool of yourself to their joy

Sent from my SAMSUNG-SM-G930A using Tapatalk
 
Conservative said:
Right, Obama's 8-9 million PART TIME FOR ECONOMIC REASONS and average of 13.3% U-6 is a false narrative in that liberal mind of yours.
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We've been over this. The Great Recession happened.

Fact Part time for economic reasons are people who want but cannot find full time jobs and that skews both the employment and unemployment numbers in Obama's favor and liberal robots like you tout those higher employment numbers and lower unemployment numbers just like liberal robots always do
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Here is a fact:

fredgraph.png


The Obama administration didn't create the financial crisis or economic downturn.

I do see that you are back and I am up well rested and readly to kick ass again. Like so many arrogant leftists you just cannot admit you are wrong.
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You do yourself no favor when you pretend to be an expert or when you run with this crazy idea like you're kicking anyone's ass.
 
Conservative said:
Your low expectations and poor understanding of data is noted. You are truly someone the left loves as you promote their ideology making a fool of yourself to their joy
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You don't care about the debt or deficit. It is just a platform to express your discontent to the opposition for being your opposition. Your behavior on this forum is a testament.
 
Conservative said:
I gave you the link to the Economic Recovery Act of 1981 and still you argue that wasn't the Reagan stimulus..
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No, i argue that it's part of Reagan's economic policy. Stimulus can come in the form of increasing deficits, lowering interest rates, etc....

Tax revenue decreased? Call Treasury and tell them their data is wrong. let me know the outcome? Treasury disagrees with you but then as usual your arrogance says you are right and they are wrong. Reagan cut FIT taxes three years in a row and still grew FIT revenue over 60% according to Treasury. 17 million new taxpayers generated that revenue and only in the liberal world of yours will people always spend more, create more jobs with less spendable income.
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I can even illustrate the level and duration of the decline in federal revenue in both nominal and real terms:

fredgraph.png


Do you remember the inflation rates during this time?
 
Kushinator said:
We've been over this. The Great Recession happened.



Here is a fact:

fredgraph.png


The Obama administration didn't create the financial crisis or economic downturn.



You do yourself no favor when you pretend to be an expert or when you run with this crazy idea like you're kicking anyone's ass.
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Nor did Bush create the financial crisis all by himself and had help from the Democratic Controlled Congress as well as Barney Frank, Chris Dodd, Franklin Raines, and Jaime Gorelick. Reality doesn't truly exist in your world as it is always someone else's fault for even your own personal failures and in this case ignorance of history
 
Kushinator said:
You don't care about the debt or deficit. It is just a platform to express your discontent to the opposition for being your opposition. Your behavior on this forum is a testament.
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So still waiting for an answer, Think those PREDICTIONS consider the actual economic results being generated?

So how about telling us exactly what you expect with regards to the economy and national security IF the Democrats retake Congress? Tell us exactly what it is about the economic results being generated that truly bother you, oh, wait, you can't?

Employment +3 million over Obama's January 2017 numbers

U-6 rate 1.2% less than Obama's January 2017 number

GDP Growth more than double the 1.2% Obama left Trump

with 155 million employed 1 million more are employed full time vs. what Obama left Trump

Red line in sand enforced by Trump

So show me the logic and common sense of what a Democratic Congress is going to bring to this country?? A pretty good historical lesson would be the 2007-2008 Denicratuc Congress and the worst recovery from a recession in history
 
Kushinator said:
No, i argue that it's part of Reagan's economic policy. Stimulus can come in the form of increasing deficits, lowering interest rates, etc....



I can even illustrate the level and duration of the decline in federal revenue in both nominal and real terms:

fredgraph.png


Do you remember the inflation rates during this time?
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Sure do, part of the 20 Misery index Reagan INHERITED and cut more than half before he left office compared to the low misery index Obama inherited. Interesting how you ignore history, promote failure. Obama and Bush are out of office and gone. Trump is President or didn't you get the news? and the Trump results are there for all to see


Employment +3 million over Obama's January 2017 numbers

U-6 rate 1.2% less than Obama's January 2017 number

GDP Growth more than double the 1.2% Obama left Trump

with 155 million employed 1 million more are employed full time vs. what Obama left Trump

Red line in sand enforced by Trump

All in a little over one year, 155 million employed vs. 152 million inherited or 3 million jobs created compared to Obama's 146 million to 152 million or 6 million in 8 years? Yep, another true liberal success story with Obama, the new Jimmy Carter of this century
 
Conservative said:
Nor did Bush create the financial crisis all by himself and had help from the Democratic Controlled Congress as well as Barney Frank, Chris Dodd, Franklin Raines, and Jaime Gorelick. Reality doesn't truly exist in your world as it is always someone else's fault for even your own personal failures and in this case ignorance of history
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Can you focus? We are not discussing who is to blame for the financial crisis... there are many other threads for that. I was explaining to you why the part-time for economic reasons angle is absolutely ridiculous through most simple data analysis.
 
Conservative said:
Sure do, part of the 20 Misery index Reagan INHERITED and cut more than half before he left office compared to the low misery index Obama inherited.
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Arther Okun was able to establish there was an inverse relationship between unemployment and output.

However, research shows people will accept more inflation if it means their wages follow suit.

The rest of your post isn't worth going over again, nor does it address anything i stated in the quote.

If you cannot address my comments, why bother responding? Go create a thread and talk to yourself, because that's all you do in these threads.
 
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The best work I've seen about the Reagan recovery is that it was driven by previously deferred business spending.

Trump inherited a fairly healthy economy, but it doesn't look like it will stay that way.
 
late said:
The best work I've seen about the Reagan recovery is that it was driven by previously deferred business spending.

Trump inherited a fairly healthy economy, but it doesn't look like it will stay that way.
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The Reagan recovery was heavily aided by gains in technological transformation. Meaning, we were able to use spreadsheets and word processors in business while being able to communicate accross the globe on the go. The Obama recovery was heavily driven by social media and instantaneous communication.
 
Kushinator said:
Arther Okun was able to establish there was an inverse relationship between unemployment and output.

However, research shows people will accept more inflation if it means their wages follow suit.

The rest of your post isn't worth going over again, nor does it address anything i stated in the quote.

If you cannot address my comments, why bother responding? Go create a thread and talk to yourself, because that's all you do in these threads.
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Yet Reagan proved that you can put more money in the pockets of the American public and create almost 17 million jobs while cutting the inflation rate. Now of course positive economic results don't fuel the liberal narrative which is nothing more than negative attacks on the opposite party.

What was the inflation rate at the beginning of the Reagan term vs the end AFTER he cut FIT taxes three years in a row, Created almost 17 million jobs and doubled GDP?
 
Kushinator said:
The Reagan recovery was heavily aided by gains in technological transformation. Meaning, we were able to use spreadsheets and word processors in business while being able to communicate accross the globe on the go. The Obama recovery was heavily driven by social media and instantaneous communication.
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Yes, do you have a point? Reagan unleashed the American spirit and individual wealth creation as more people moved out of the lower and middle income levels into the upper levels. Obama had zero recovery or the worst in history. Obama is history but the Obama results are there for all to see, you choose to spin the negative into a positive because of your total lack of understanding of human behavior. Liberalism gets its power by creating and keeping people dependent and dependence continues as throwing money at the problem destroys incentive and never changes human behavior
 
late said:
The best work I've seen about the Reagan recovery is that it was driven by previously deferred business spending.

Trump inherited a fairly healthy economy, but it doesn't look like it will stay that way.
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LOL, doesn't look like it will stay that way? Your crystal Ball is clouding as that healthy economy Trump inherited was 1.8% and 1.2% GDP growth. now that may be healthy to a Progressive but not to the American people who are now seeing more money in their checks and more jobs available. Results seem to be a foreign concept to you as rhetoric always trumps actual data in the liberal mind, what is it about liberalism that creates this kind of loyalty?
 
Conservative said:
Yet Reagan proved that you can put more money in the pockets of the American public and create almost 17 million jobs while cutting the inflation rate. Now of course positive economic results don't fuel the liberal narrative which is nothing more than negative attacks on the opposite party.
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Focus! The thread isn't about your weird tangent into Reagan. When challanged, you rush into your safe place where the Gipper was in charge instead of responding with anything that can resemble substance. You asked where tax cuts coincided with a decline in government revenue, and i showed you in both nominal and real terms. Instead of responding with honesty, you want to take it to Reagan.

#triggered
 
Conservative said:
Yes, do you have a point? Reagan unleashed the American spirit and individual wealth creation as more people moved out of the lower and middle income levels into the upper levels. Obama had zero recovery or the worst in history. Obama is history but the Obama results are there for all to see, you choose to spin the negative into a positive because of your total lack of understanding of human behavior. Liberalism gets its power by creating and keeping people dependent and dependence continues as throwing money at the problem destroys incentive and never changes human behavior
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The topic isn't about comparing Reagan with Obama, or even Trump with Obama. It is the fact that deficits are growing in an economy you continue to praise, and cannot account for it because to do so would require you to admit you were duped. You don't have any idea about what you're talking about.
 
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