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Thread: Nationl Debt Tops $22 Trillion

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Dittohead not! View Post
    The 20th. century is modern history. The issue is, just why was the latest economic downturn a recession, while the one that hit in '29 was a depression?



    There are many reasons why this latest bit of bad financial news was not the worst recovery in history. There actually is history from before you were born, even from before Trump was born, believe it or not.
    Love the word smith that you leftists do

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Conservative View Post
    No, sorry 2 trillion dollars in GDP growth in 2 years is the official data vs. 4.2 trillion in 8 years of Obama
    First and foremost, it's invalid to compare nominal GDP of different time frames on the basis of purchasing power alone. Why? Because $1 trillion in 2019 is worth much less than $1 trillion in 2009.

    Furthermore, Trump inherited the longest economic expansion in the history of the United States.

    Even with his inappropriate stimulus package, rGDP growth couldn't sustain 3% for the calendar year. That's a major blow to his credibility. It has absolutely zero impact on your standing here, because you can't get much lower.

    If you want to start a thread about Obama, nobody is stopping you.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Conservative View Post
    Hope people are paying attention to this supposed book smart liberal who claims that quarterly annualized growth is the same as actual end of year numbers. This should dispel any claim of superior intelligence on the part of any supposed book smart liberal but it does display typical leftwing arrogance as leftwing radicals are used to bullying and getting their way. Just goes to show that supposed book smart people don't have a lot of credibility thus making their opinions worthless
    Why did you reply twice to the same post?

    BTW, nobody gives a **** about your opinion of me, liberalism, the left, etc.... So you can shove it ombres.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Kushinator View Post
    First and foremost, it's invalid to compare nominal GDP of different time frames on the basis of purchasing power alone. Why? Because $1 trillion in 2019 is worth much less than $1 trillion in 2009.

    Furthermore, Trump inherited the longest economic expansion in the history of the United States.

    Even with his inappropriate stimulus package, rGDP growth couldn't sustain 3% for the calendar year. That's a major blow to his credibility. It has absolutely zero impact on your standing here, because you can't get much lower.

    If you want to start a thread about Obama, nobody is stopping you.
    It is however to evaluate economic policies implemented during the Administration and the affect on the American people which I have done over and over again which you ignored. 3% Economic growth on a 20 trillion dollar economy vs 3% growth on the 14.7 trillion inherited are entirely different as it is actual dollars that matter but you are focused solely no on percentages again ignoring that the fiscal year 2018 was over 3% as will the calendar year 2018 when adjusted on March 28

    Let's just admit you have no understanding of human nature or the private sector as you never post charts with context and you continue to try and prop up a failed presidency by continuing to make up what Obama inherited. I do feel sorry for people like you who believe they are much smarter than they are

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Conservative View Post
    What a pretty chart, get someone to help you read it, what are the dates and date associated with those numbers. Looks like a steady decline from 2010 down, wonder if that has anything to do with the part time jobs for economic reasons Obama created?
    2010? Looks like a decline over the entire timespan.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "To exercise pressure upon the indigent and the destitute for the sake of gain, and to gather one's profit out of the need of another, is condemned by all laws, human and divine." - Pope Leo XIII

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by phattonez View Post
    2010? Looks like a decline over the entire timespan.
    Yes I believe Obama was president during that span as well. The chart seems to go a little past 2015

    Sent from my SAMSUNG-SM-G930A using Tapatalk

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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Conservative View Post
    It is however to evaluate economic policies implemented during the Administration and the affect on the American people which I have done over and over again which you ignored.
    No it is not for reasons outlined above, and no you don't do anything but repeat the same tired and refuted garbage. Your posts are terrible and your ability to contruct coherent arguments does not exist.

    3% Economic growth on a 20 trillion dollar economy vs 3% growth on the 14.7 trillion inherited are entirely different as it is actual dollars that matter
    The economy was in a lesser Depression. Your attempt to compare has failed.

    but you are focused solely no on percentages again ignoring that the fiscal year 2018 was over 3% as will the calendar year 2018 when adjusted on March 28
    I am focused on objective economic analysis. That you've been wrong about everything is just a symptom of rabid partisanship.

    Want to wager on the revision?

    Let's just admit you have no understanding of human nature or the private sector as you never post charts with context and you continue to try and prop up a failed presidency by continuing to make up what Obama inherited. I do feel sorry for people like you who believe they are much smarter than they are
    Let's just say you are desperate, and nobody gives a **** about or respects your opinion.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Nationl Debt Tops $22 Trillion

    Kushinator;1069760162]No it is not for reasons outlined above, and no you don't do anything but repeat the same tired and refuted garbage. Your posts are terrible and your ability to contruct coherent arguments does not exist.
    Your problem is you are used to bullying people and that isn't going to happen with me. If my posts are so bad, stop responding and use the ignore function


    The economy was in a lesser Depression. Your attempt to compare has failed.
    That is your opinion, amazingly we came out of recession in June 2009 long before the Obama stimulus was spent according to recovery.org so keep ignoring what Obama did inherit, a Democratic Congress, TARP, No Budget, and had a stimulus passed almost day one for shovel ready jobs



    I am focused on objective economic analysis. That you've been wrong about everything is just a symptom of rabid partisanship.

    Want to wager on the revision?
    You are focused on your interpretation of data through your biased leftwing lens and totally ignoring context. The release stated that it was preliminary but that isn't even the issue, fiscal year 2018 ended Sept 30, 2018 and GDP growth was over 3%. Calendar year 2018 will see the same thing when revised to account for the gov't shutdown



    Let's just say you are desperate, and nobody gives a **** about or respects your opinion.
    You think I give a damn? You obviously do because you keep responding with the same crap

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    Re: Nationl Debt Tops $22 Trillion

    Once again, you failed to properly format your response. Why do you struggle so much with everything?

    Quote Originally Posted by Conservative View Post
    Your problem is you are used to bullying people and that isn't going to happen with me. If my posts are so bad, stop responding and use the ignore function
    I am simply owning you in any discussion pertaining to political economy. It is a pleasure to consistently highlight just how pathetic the rabid right has become. If you don't like it, too ****ing bad Conman.

    That is your opinion
    It is the consensus opinion of the worlds economists.

    amazingly we came out of recession in June 2009 long before the Obama stimulus was spent according to recovery.org so keep ignoring what Obama did inherit, a Democratic Congress, TARP, No Budget, and had a stimulus passed almost day one for shovel ready jobs
    We've been through this before, and you've been refuted ad nauseam. Your attempts to make an apples to apples comparison is an utter failure, for the reasons outlined prior.

    You are focused on your interpretation of data through your biased leftwing lens and totally ignoring context.
    I am trained in data analysis. You are a rabid keyboard warrior.

    The release stated that it was preliminary but that isn't even the issue, fiscal year 2018 ended Sept 30, 2018 and GDP growth was over 3%. Calendar year 2018 will see the same thing when revised to account for the gov't shutdown
    You want to wager? Not that i expect you to have enough courage to honor your bet.

    You think I give a damn? You obviously do because you keep responding with the same crap
    I enjoy pointing out just how ignorant you are. The best part is the endless material for which to both expose and draw upon.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  10. #660
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    Re: Nationl Debt Tops $22 Trillion

    Quote Originally Posted by Kushinator View Post
    Once again, you failed to properly format your response. Why do you struggle so much with everything?



    I am simply owning you in any discussion pertaining to political economy. It is a pleasure to consistently highlight just how pathetic the rabid right has become. If you don't like it, too ****ing bad Conman.



    It is the consensus opinion of the worlds economists.



    We've been through this before, and you've been refuted ad nauseam. Your attempts to make an apples to apples comparison is an utter failure, for the reasons outlined prior.



    I am trained in data analysis. You are a rabid keyboard warrior.



    You want to wager? Not that i expect you to have enough courage to honor your bet.



    I enjoy pointing out just how ignorant you are. The best part is the endless material for which to both expose and draw upon.
    You just keep thinking that and I will keep laughing at you and what poor understanding you have of economics, civics, and the official gov't sites

    World economists don't put food on the table of anyone but their own families, don't put a roof over the heads of anyone but their own families so keep spouting the opinions of economists you want to believe and ignore anything that refutes them including the official data

    You can train a monkey to do just about anything including probably data analysis. Too bad logic, common sense and human nature aren't part of your training

    Glad you feel good about yourself as I am embarrassed for you and the school that gave you whatever educational degree you have. You are a walking advertisement for school vouchers and school choice

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