Crnr2Crnr Posted January 25 Share Posted January 25 where's this horrible economy the Trumpers keep blathering about? https://www.axios.com/2024/01/25/us-gdp-fourth-quarter-economy-growth how inconvenient... Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted January 25 Share Posted January 25 (edited) Ask the middle class how's the robust economy is working out for them. Edited January 25 by J. Jackson 1 Quote Link to comment Share on other sites More sharing options...
Gold Member Stephen Hawking Posted January 25 Gold Member Share Posted January 25 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted January 25 Platinum Contributing Member Share Posted January 25 22 minutes ago, Crnr2Crnr said: where's this horrible economy the Trumpers keep blathering about? https://www.axios.com/2024/01/25/us-gdp-fourth-quarter-economy-growth how inconvenient... Huh.....imagine you cheering a $1.8 trillion budget deficit. So much for you preaching how conservative you are. 1 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted January 25 Share Posted January 25 2 minutes ago, Highmark said: Huh.....imagine you cheering a $1.8 trillion budget deficit. So much for you preaching how conservative you are. yet trump spent just as badly yet somehow it gets forgotten. they are both dems when it comes to spending. 2 Quote Link to comment Share on other sites More sharing options...
snoughnut Posted January 25 Share Posted January 25 30 minutes ago, Crnr2Crnr said: where's this horrible economy the Trumpers keep blathering about? https://www.axios.com/2024/01/25/us-gdp-fourth-quarter-economy-growth how inconvenient... It's a good thing consumers have plastic to keep those fake gdp numbers humming along. US household debt increased by 1.3% to $17.29 trillion in the last quarter. The resilient consumer has kept the US economic engine running, but it's coming at a big cost: Americans are piling up record credit card balances, and more and more are falling behind on those payments.Nov 7, 2023 1 Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted January 25 Share Posted January 25 My years end ROI statements have arrived. I havent seen growth like this since the mid “90’s. Fucking crazy. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted January 25 Platinum Contributing Member Share Posted January 25 (edited) 16 minutes ago, Angry ginger said: yet trump spent just as badly yet somehow it gets forgotten. they are both dems when it comes to spending. Absolutely. Nobody forgot it and often discuss that was an issue he failed on. Trump should have shut the govt down and stood firm on spending reductions. Reducing the growth of spending was not enough. Looking at a Presidents deficit record isn't as simple as most think but then again most can't think beyond what their limited brain function allows. One way to measure how much President Trump borrowed is by estimating the debt accumulated over his presidency. Over the course of President Trump’s four years in office, the gross national debt grew from $19.95 trillion to $27.75 trillion – a $7.8 trillion increase (debt held by the public – the more economically-meaningful measure of debt – grew by $7.2 trillion over this period). However, much of this borrowing was due to policies put in place before President Trump took office or due to unexpected changes in circumstance. Debt was already projected to grow by about $3 trillion for the four years of his term when President Trump took office, and some of the additional debt accrued was also the direct result of the COVID-19 pandemic and recession. It’s also important to note that the government was holding an unusually large $1.6 trillion in cash when President Trump left office, which inflated the growth in debt relative to the deficit run during his time in office. Edited January 25 by Highmark 1 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted January 25 Share Posted January 25 2 minutes ago, Highmark said: Absolutely. Nobody forgot it and often discuss that was an issue he failed on. Trump should have shut the govt down and stood firm on spending reductions. Reducing the growth of spending was not enough. its forgotten every day by Trump culters. 2 old shit presidents who would do the world a favor if they would kick off. 3 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted January 25 Platinum Contributing Member Share Posted January 25 1 minute ago, Angry ginger said: its forgotten every day by Trump culters. 2 old shit presidents who would do the world a favor if they would kick off. See edit. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted January 25 Share Posted January 25 27 minutes ago, Highmark said: Absolutely. Nobody forgot it and often discuss that was an issue he failed on. Trump should have shut the govt down and stood firm on spending reductions. Reducing the growth of spending was not enough. Yeah that’s it. You MAGA morons should just step back and look at who your covering for. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted January 25 Share Posted January 25 1 hour ago, Crnr2Crnr said: where's this horrible economy the Trumpers keep blathering about? https://www.axios.com/2024/01/25/us-gdp-fourth-quarter-economy-growth how inconvenient... Haley said she’s gonna fix the economy. She also said 65 is too young to retire on SS. She’s clueless regarding Social Security….really fuckin dumb. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 25 Share Posted January 25 Bidenomics. 1 Quote Link to comment Share on other sites More sharing options...
Gold Member poopooforme Posted January 25 Gold Member Share Posted January 25 32 billion a day fuckers. $32,000,000,000 A DAY!!!!https://www.usdebtclock.org/ 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted January 25 Share Posted January 25 Yeah, COVID is the only thing that seems to be forgotten. BUT TRUMP WAS A SPENDER. Keep that narrative going. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted January 25 Platinum Contributing Member Share Posted January 25 While we are far, far below the likes of Canada and other "western" industrialized countries, American spending as a % of GDP continues on an upward trend. Much of course has to do with mandatory spending increases as our population ages. 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted January 25 Author Share Posted January 25 Biden is owning you poor fuckers... Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted January 25 Share Posted January 25 Wisconsin retirement system had a return of 11.4% on the core fund and 22.2% on the variable for the year. Fuck yeah!!! I haven’t started drawing on the pension. That needs to change after looking my current annuity payout. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 25 Share Posted January 25 17 minutes ago, ActionfigureJoe said: Wisconsin retirement system had a return of 11.4% on the core fund and 22.2% on the variable for the year. Fuck yeah!!! I haven’t started drawing on the pension. That needs to change after looking my current annuity payout. Is your pension a fixed amount (defined benefit) or defined contribution? I would pick the latter only if I was in control of the investments. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted January 25 Share Posted January 25 4 minutes ago, ArcticCrusher said: Is your pension a fixed amount (defined benefit) or defined contribution? I would pick the latter only if I was in control of the investments. Mixture of both. I can also take a lump sum payout from both. I’ve held off on applying for annuities due to tax considerations. Quote Link to comment Share on other sites More sharing options...
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