Trump has been coasting on the Obama recovery, after Obama inherited record deficits, record unemployment in recent decades, an economy in free fall and rapidly increasing monthly job losses (from a president [Dubya Bush] who had inherited a record budget SURPLUS, peace and prosperity from HIS predecessor [Clinton]) and turned them into record capital and investment market highs, a record for consecutive monthly job gains, and low unemployment. And now Trump, after coasting for so long, is finally seeing the results of his economic failures on trade (tariffs), tax policy, etc., as all those indices are beginning to slow down. How long before we see Trump do what so many other RepubliCONs have done? So far Trump is on pace to do it faster than any other RepubliCON collapse of Democratic peace and prosperity.
EXCEPT…The total number of people apprehended for illegally crossing the southern U.S. border has been steadily falling for almost two decades. It’s a long-term trend that sociologists, economists and federal officials have been tracking for years.
Li Yang, the Florida massage parlor entrepreneur who created and operated a business that sold Chinese business executives access to President Donald Trump and his family at Mar-a-Lago, has yet another intriguing line of work. She is an officer of two groups with ties to China’s Communist government. And she founded a Miami-based nonprofit that promotes “economic and cultural exchange” between China and the West in coordination with “senior…Chinese leaders” in the United States, according to a profile of Yang posted on a Chinese social media platform.
There are more people against the resident than for him. Maybe a right-leaning business can set us straight on what is actually happening to the economy?
Just heard Kudlow being interviewed on PBS Newshour. Don’t trust a word that man says. He said that “Trump’s tax cut” has resulted in a 10% increase in federal revenues. If that’s so, how come the deficit more than doubled when Trump took office and stayed up there? And Trump’s “tax cut” is going to be a tax increase for most in at least half the states – but it’s the “little people” who are going to pay it. And he said that last year’s 3% “is on target” for the 4+% growth they’d been promising.
US federal deficit widens 77% in first four months of fiscal 2019
Washington (CNN)The federal budget deficit ballooned in the first four months of the 2019 fiscal year, growing 77% over the same period a year earlier as tax revenue plummeted and government spending went up.
Figures released Tuesday by the Treasury Department showed the deficit hitting $310 billion, up from $176 billion a year ago.
DD Wiz Premium Member about 5 years ago
Budget deficit up.
Trade deficit up.
Unemployment ticked slightly upward.
New jobs report was 1/9 of what was anticipated.
Trump has been coasting on the Obama recovery, after Obama inherited record deficits, record unemployment in recent decades, an economy in free fall and rapidly increasing monthly job losses (from a president [Dubya Bush] who had inherited a record budget SURPLUS, peace and prosperity from HIS predecessor [Clinton]) and turned them into record capital and investment market highs, a record for consecutive monthly job gains, and low unemployment. And now Trump, after coasting for so long, is finally seeing the results of his economic failures on trade (tariffs), tax policy, etc., as all those indices are beginning to slow down. How long before we see Trump do what so many other RepubliCONs have done? So far Trump is on pace to do it faster than any other RepubliCON collapse of Democratic peace and prosperity.
Ontman about 5 years ago
Getting bored with winning?
Radish the wordsmith about 5 years ago
Crooked Trump lies about everything.
Masterskrain Premium Member about 5 years ago
EXCEPT…The total number of people apprehended for illegally crossing the southern U.S. border has been steadily falling for almost two decades. It’s a long-term trend that sociologists, economists and federal officials have been tracking for years.
So, he’s LYING AGAIN…as usual.
Radish the wordsmith about 5 years ago
Li Yang, the Florida massage parlor entrepreneur who created and operated a business that sold Chinese business executives access to President Donald Trump and his family at Mar-a-Lago, has yet another intriguing line of work. She is an officer of two groups with ties to China’s Communist government. And she founded a Miami-based nonprofit that promotes “economic and cultural exchange” between China and the West in coordination with “senior…Chinese leaders” in the United States, according to a profile of Yang posted on a Chinese social media platform.
https://www.motherjones.com/politics/2019/03/the-massage-parlor-owner-peddling-access-to-trump-has-ties-to-chinese-government-linked-groups-cindy-yang/
superposition about 5 years ago
There are more people against the resident than for him. Maybe a right-leaning business can set us straight on what is actually happening to the economy?
https://www.forbes.com/sites/stevedenning/2019/02/13/how-trumps-economic-chickens-are-finally-coming-home-to-roost/#24c118042713
Alberta Oil Premium Member about 5 years ago
Bigly is very important to trump.. and even in these categories he will take credit.. with honor
Kip W about 5 years ago
“Rebrand the swamp!!”
Bookworm about 5 years ago
“Up, up and away / My beautiful, my beautiful balloon” – Jimmy Webb: performed by the Fifth Dimension and others.
mourdac Premium Member about 5 years ago
Should have added in the graph lines showing number of indicted Trump operatives. That one is exploding and shows no signs of abating.
Alexander the Good Enough about 5 years ago
Nah. Easy peezy. Just rotate the graph 90° clockwise and everything will look just fine.
Concretionist about 5 years ago
Or just relabel: “Hamberder”, “Cofeve” etc.
sparky81884 about 5 years ago
Now That’s Traditional American Values!
meetinthemiddle about 5 years ago
Just heard Kudlow being interviewed on PBS Newshour. Don’t trust a word that man says. He said that “Trump’s tax cut” has resulted in a 10% increase in federal revenues. If that’s so, how come the deficit more than doubled when Trump took office and stayed up there? And Trump’s “tax cut” is going to be a tax increase for most in at least half the states – but it’s the “little people” who are going to pay it. And he said that last year’s 3% “is on target” for the 4+% growth they’d been promising.
Radish the wordsmith about 5 years ago
Do to the Trump Tax Cuts
US federal deficit widens 77% in first four months of fiscal 2019
Washington (CNN)The federal budget deficit ballooned in the first four months of the 2019 fiscal year, growing 77% over the same period a year earlier as tax revenue plummeted and government spending went up.
Figures released Tuesday by the Treasury Department showed the deficit hitting $310 billion, up from $176 billion a year ago.
https://www.cnn.com/2019/03/05/politics/us-federal-deficit-balloons/index.html