The Nation's Financial Condition

[RedFromMI]

A ranking of last 10 presidential economies: Trump gets #6/10

https://www.axios.com/presidents-econom ... stream=top

[Brooklyn]

This used to be a major issue when Obama was in the White House:






Strangely, it longer is considered of any significance to Republicans and conservatives even though the numbers are larger than ever.




For those who rely on the following, the economy ain't so good:

[foreverlax]

Mulvaney calls out GOP for being 'a lot less interested' in deficits under Trump than Obama: report

"The worst thing in the whole world is deficits when Barack Obama was the president,” he said. “Then Donald Trump became president, and we’re a lot less interested as a party.”

The acting chief of staff then added he found the $1 trillion deficit in the Trump era “extraordinarily disturbing.” But he added that neither political party cared about the deficit anymore, and the GOP is “evolving” since the president’s election.

“A life expectancy of a chief of staff is roughly 18 months,” he said. “Generally speaking, this job does not last that long … Who knows how much longer I’m going to last?”

[Typical Lax Dad]

https://www.cnn.com/2020/02/20/economy/ ... index.html

[youthathletics]

Mulvaney calls out GOP for being 'a lot less interested' in deficits under Trump than Obama: report

"The worst thing in the whole world is deficits when Barack Obama was the president,” he said. “Then Donald Trump became president, and we’re a lot less interested as a party.”

The acting chief of staff then added he found the $1 trillion deficit in the Trump era “extraordinarily disturbing.” But he added that neither political party cared about the deficit anymore, and the GOP is “evolving” since the president’s election.

“A life expectancy of a chief of staff is roughly 18 months,” he said. “Generally speaking, this job does not last that long … Who knows how much longer I’m going to last?”

I have been saying....no one really cares about them in DC, it is just a leverage hot button for partisan speak.

[foreverlax]

Mulvaney calls out GOP for being 'a lot less interested' in deficits under Trump than Obama: report

"The worst thing in the whole world is deficits when Barack Obama was the president,” he said. “Then Donald Trump became president, and we’re a lot less interested as a party.”

The acting chief of staff then added he found the $1 trillion deficit in the Trump era “extraordinarily disturbing.” But he added that neither political party cared about the deficit anymore, and the GOP is “evolving” since the president’s election.

“A life expectancy of a chief of staff is roughly 18 months,” he said. “Generally speaking, this job does not last that long … Who knows how much longer I’m going to last?”

I have been saying....no one really cares about them in DC, it is just a leverage hot button for partisan speak.

So what do the Rs actually stand for...away from judges?

[youthathletics]

Mulvaney calls out GOP for being 'a lot less interested' in deficits under Trump than Obama: report

"The worst thing in the whole world is deficits when Barack Obama was the president,” he said. “Then Donald Trump became president, and we’re a lot less interested as a party.”

The acting chief of staff then added he found the $1 trillion deficit in the Trump era “extraordinarily disturbing.” But he added that neither political party cared about the deficit anymore, and the GOP is “evolving” since the president’s election.

“A life expectancy of a chief of staff is roughly 18 months,” he said. “Generally speaking, this job does not last that long … Who knows how much longer I’m going to last?”

I have been saying....no one really cares about them in DC, it is just a leverage hot button for partisan speak.

So what do the Rs actually stand for...away from judges?

Safety for the country via having a strong military...whether we use it or not, which is money well spent. After that, mainly anything against the leftist socialist agenda.

[holmes435]

Mulvaney calls out GOP for being 'a lot less interested' in deficits under Trump than Obama: report

"The worst thing in the whole world is deficits when Barack Obama was the president,” he said. “Then Donald Trump became president, and we’re a lot less interested as a party.”

The acting chief of staff then added he found the $1 trillion deficit in the Trump era “extraordinarily disturbing.” But he added that neither political party cared about the deficit anymore, and the GOP is “evolving” since the president’s election.

“A life expectancy of a chief of staff is roughly 18 months,” he said. “Generally speaking, this job does not last that long … Who knows how much longer I’m going to last?”

I have been saying....no one really cares about them in DC, it is just a leverage hot button for partisan speak.

So what do the Rs actually stand for...away from judges?

Safety for the country via having a strong military...whether we use it or not, which is money well spent. After that, mainly anything against the leftist socialist agenda.

How much do we need to spend on the military to make us safe? 2x more than the next biggest country? 5x? 10x? 20x?

Your average R can't even articulate what the supposed leftist socialist agenda is, other than it's somehow going to turn us into Venezuela.

[Farfromgeneva]

Pretty volatile markets day today. Hard to see the 10yr UST at 1.36% and feel real good about things.

[a fan]

Global debt is at an all time high. Personal debt, too.

The entire economy is based on borrowing----stimulus.

When this borrowing that Republican voters have convinced themselves is incidental to the economy?

Watch out....

[foreverlax]

I am no market expert, but today;'s action I believe is about the China virus...which imo is overblown. The flu alone kills way more.

contra-indicator

[Farfromgeneva]

While I understand your position in general, not on point with increased demand for US debt and longer term. Those things should lead to higher inflation and consequently rates. This is a global flight to quality out of fear of something.

[youthathletics]

Global debt is at an all time high. Personal debt, too.

The entire economy is based on borrowing----stimulus.

When this borrowing that Republican voters have convinced themselves is incidental to the economy?

Watch out....

We'll just raise taxes and take from the wealthy when the time comes.....problem solved. Just follow Bernies Tax Plan: https://www.bernietax.com/?fbclid=IwAR3 ... eCUM#0;0;s

[CU88]

How soon until we see a map of Coronavirus cases altered by a Sharpie?

Dow is down over 1,000 and "Stock Market starting to look very good to me!"

Donald J. Trump
@realDonaldTrump
The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!
4:42 PM · Feb 24, 2020·Twitter for iPhone

[njbill]

Profits over health. The new slogan for 2020.

[Typical Lax Dad]

Profits over health. The new slogan for 2020.

Need to reduce funding for CDC and NIH.

[njbill]

That’s right. Use the money to build the wall since those deadbeat Mexicans have reneged on their promise to pay for it.

[a fan]

We'll just raise taxes and take from the wealthy when the time comes.....problem solved. Just follow Bernies Tax Plan: https://www.bernietax.com/?fbclid=IwAR3 ... eCUM#0;0;s

Bernie's been in Congress.....you know, the guys who write our tax laws.....since 1991.

Shockingly, taxes on the rich went down every year Bernie was in office.

So what would possibly make you think this would change if Bernie managed to get elected President?

[youthathletics]

We'll just raise taxes and take from the wealthy when the time comes.....problem solved. Just follow Bernies Tax Plan: https://www.bernietax.com/?fbclid=IwAR3 ... eCUM#0;0;s

Bernie's been in Congress.....you know, the guys who write our tax laws.....since 1991.

Shockingly, taxes on the rich went down every year Bernie was in office.

So what would possibly make you think this would change if Bernie managed to get elected President?

Go plug in your numbers in his online calculator and get back to us. You know full well Bernie has been a deadbeat in congress. I suppose your argument, is simply that Bernie is playing everyone.

[a fan]

No. My argument is US Civics 101. Who writes our laws surrounding taxes?

How do you think Bernie is going to pass these plans of his? Is he running for Emperor?


Let me put it this way: did Mexico pay for our wall? How'd that repeal and replace work out?