That's chicken feed ..President Obama has “the worst record of any president when it comes to putting America deeper in debt....Barack Obama added $9.3 trillion to the national debt..
When Obama took office on Jan. 20, 2009, the outstanding public debt totaled $10,626,877,048,913.
When Obama left office, outstanding public debt totaled $19,944,429,217,106......that's around 1.13 trillion a year,..where as President Trump has only increased the debt by 1.15 trillion in over a 17 month period..
Republicans were in charge of the House for 6 of those 8 years. The Origination Clause (part of Article 1 of the Constitution) states that all bills for raising revenue shall start in the House of Representatives.
If the Republicans refuse to adequately fund the government, budget problems are inevitable. Since Republicans detest taxes, deficits will prove troublesome.
By the way, the trade deficit with China has been exploding. Trump doesn't know what the hell he is doing, and he is certainly feckless dealing with China.
That's chicken feed ..President Obama has “the worst record of any president when it comes to putting America deeper in debt....Barack Obama added $9.3 trillion to the national debt..
When Obama took office on Jan. 20, 2009, the outstanding public debt totaled $10,626,877,048,913.
When Obama left office, outstanding public debt totaled $19,944,429,217,106......that's around 1.13 trillion a year,..where as President Trump has only increased the debt by 1.15 trillion in over a 17 month period..
Republicans were in charge of the House for 6 of those 8 years. The Origination Clause (part of Article 1 of the Constitution) states that all bills for raising revenue shall start in the House of Representatives.
If the Republicans refuse to adequately fund the government, budget problems are inevitable. Since Republicans detest taxes, deficits will prove troublesome.
By the way, the trade deficit with China has been exploding. Trump doesn't know what the hell he is doing, and he is certainly feckless dealing with China.
National debt exceeds 21 trillion for the first time ever! WINNING ..............................................
That's chicken feed ..President Obama has “the worst record of any president when it comes to putting America deeper in debt....Barack Obama added $9.3 trillion to the national debt..When Obama took office on Jan. 20, 2009, the outstanding public debt totaled $10,626,877,048,913.When Obama left office, outstanding public debt totaled $19,944,429,217,106......that's around 1.13 trillion a year,..where as President Trump has only increased the debt by 1.15 trillion in over a 17 month period..
This is funny, I mean funny in a silly way not an amusing one. How much debt was accumulated due to the circumstances Obama inherited? His first two years in office were in the financial hurricane originating well before he ever started. On the flip side, Trump walked into a relatively stable economic environment with a very high stock market, healthy real estate market and a baseline GDP, there were zero issues he had to face.
The first two to three years of Obama the deficit increased more due to the economic environment, AND GDP was flat to down for those first several years, then as the environment improved the debt growth slowed especially relative to GDP growth.
Trump has zero reason to grow debt at the rate that he has, and with the way the tax cuts freebies have been allocated, the debt is going to grow much faster in the next five years for sure.
Sometimes you have to look at more than the political party and just a single number to make a valid conclusion. Raising debt in a growing economy makes no sense, especially if the use of that debt is for atrocious purposes like growing the military when we dont need to or giving freebies to corps off the back of historic high stock market valuations.
0
Quote Originally Posted by SarasotaSlim:
Quote Originally Posted by darkhorse12:
National debt exceeds 21 trillion for the first time ever! WINNING ..............................................
That's chicken feed ..President Obama has “the worst record of any president when it comes to putting America deeper in debt....Barack Obama added $9.3 trillion to the national debt..When Obama took office on Jan. 20, 2009, the outstanding public debt totaled $10,626,877,048,913.When Obama left office, outstanding public debt totaled $19,944,429,217,106......that's around 1.13 trillion a year,..where as President Trump has only increased the debt by 1.15 trillion in over a 17 month period..
This is funny, I mean funny in a silly way not an amusing one. How much debt was accumulated due to the circumstances Obama inherited? His first two years in office were in the financial hurricane originating well before he ever started. On the flip side, Trump walked into a relatively stable economic environment with a very high stock market, healthy real estate market and a baseline GDP, there were zero issues he had to face.
The first two to three years of Obama the deficit increased more due to the economic environment, AND GDP was flat to down for those first several years, then as the environment improved the debt growth slowed especially relative to GDP growth.
Trump has zero reason to grow debt at the rate that he has, and with the way the tax cuts freebies have been allocated, the debt is going to grow much faster in the next five years for sure.
Sometimes you have to look at more than the political party and just a single number to make a valid conclusion. Raising debt in a growing economy makes no sense, especially if the use of that debt is for atrocious purposes like growing the military when we dont need to or giving freebies to corps off the back of historic high stock market valuations.
Wallstreetcappers is right. Presidents should be judged by performance under circumstances at the time. Good governments are supposed to increase budget deficits during recession and decrease deficits during strong economy.
Obama is successful in doing both to help US economy recover from recession. Clearly, he deserves his high ranking in economic management in Cspan survey of 80 presidential historians. However most economists consider Trump tax cuts unnecessary in increasing deficits and harmful in the long run.
0
Wallstreetcappers is right. Presidents should be judged by performance under circumstances at the time. Good governments are supposed to increase budget deficits during recession and decrease deficits during strong economy.
Obama is successful in doing both to help US economy recover from recession. Clearly, he deserves his high ranking in economic management in Cspan survey of 80 presidential historians. However most economists consider Trump tax cuts unnecessary in increasing deficits and harmful in the long run.
Piggy, the self proclaimed Jobs President, has requested HB1 visas to hire foreigners for his Mara Lago resort. I'm sure there are plenty of piglets out there that would love these jobs.
He's a lying POS.
0
Piggy, the self proclaimed Jobs President, has requested HB1 visas to hire foreigners for his Mara Lago resort. I'm sure there are plenty of piglets out there that would love these jobs.
This guy Midnight's offline life must be near rock bottom ...hes showing classic signs of an epic meltdown before going postal....my prayers are with his future victims with whatever choice of mass carnage he chooses...i hope the local fbi and other authorities have been notified of the few sickos here with their treasonous behaviour and are taking the appropriate steps to avoid another unnecessary mass innocent casualties.
Victory Belongs to the Most Tenacious
0
This guy Midnight's offline life must be near rock bottom ...hes showing classic signs of an epic meltdown before going postal....my prayers are with his future victims with whatever choice of mass carnage he chooses...i hope the local fbi and other authorities have been notified of the few sickos here with their treasonous behaviour and are taking the appropriate steps to avoid another unnecessary mass innocent casualties.
The meeting with Un was a charade to begin with & Trumps totally false characterization of it only served to try to justify him stopping the important military exercises with So. Korea. Another gift to his Russian handler, Putin. Interesting how that possibility/decision was discussed with noone before Trump did it on his own.
Now Trump's meeting with Putin but wants it all in secret...no other aides, transcriptions, nothing. My guess is they'll work out something that will make it look like Trump is being tough & effective, but in reality will only serve as another attempt at manipulation of the American people in the face of the Mueller probe. Sad stuff..
0
The meeting with Un was a charade to begin with & Trumps totally false characterization of it only served to try to justify him stopping the important military exercises with So. Korea. Another gift to his Russian handler, Putin. Interesting how that possibility/decision was discussed with noone before Trump did it on his own.
Now Trump's meeting with Putin but wants it all in secret...no other aides, transcriptions, nothing. My guess is they'll work out something that will make it look like Trump is being tough & effective, but in reality will only serve as another attempt at manipulation of the American people in the face of the Mueller probe. Sad stuff..
President Obama: "This is my last election. After my election I have more flexibility."
President Medvedev: "I understand. I will transmit this information to Vladimir, and I stand with you."
SS, not going to get into false equivalents here but what are you saying, if anything? That because Obama said that, you would be fine with Trump somehow being compromised &/or beholden to Putin if that's shown to be the case? As long as he & the repubs remained in power to pursue their agenda?
0
Quote Originally Posted by SarasotaSlim:
President Obama: "This is my last election. After my election I have more flexibility."
President Medvedev: "I understand. I will transmit this information to Vladimir, and I stand with you."
SS, not going to get into false equivalents here but what are you saying, if anything? That because Obama said that, you would be fine with Trump somehow being compromised &/or beholden to Putin if that's shown to be the case? As long as he & the repubs remained in power to pursue their agenda?
Piggy has the chutzpah to knock Harley for moving some production out of the country while his daughter produces all of her goods overseas.
Slim..as far as Piggy's Montana quote. I did not change the quote I read. Although it sounds like the moron,the quote was incorrect that I read & posted.
0
Piggy has the chutzpah to knock Harley for moving some production out of the country while his daughter produces all of her goods overseas.
Slim..as far as Piggy's Montana quote. I did not change the quote I read. Although it sounds like the moron,the quote was incorrect that I read & posted.
He's longtime Piggy personal driver for over 20 years. He's suing Piggy's company for unpaid overtime wages required by NY state law. Instead he was paid a salary. He received 2 raises since 2003 but one involved him giving up his Piggy health insurance in order to get the raise of 7k. Cintron had to go on his wife's insurance policy & Piggy saved 10k on the arrangement. I've never been asked to make a deal like this to get a raise.
I realize this guy accepted this as a salary job & stayed because he needed it. But it's the little things like this that really paints the picture of this Pig many of you adore. He regularly stiffs the little guys & breaks labor laws. I guess Cintron is lucky. He got to keep his kids.
I hope they do a movie on this called "Driving Mr. Dipsh!t."
He's a petty little little man.
0
Ever hear of Noel Cintron? Me either until today.
He's longtime Piggy personal driver for over 20 years. He's suing Piggy's company for unpaid overtime wages required by NY state law. Instead he was paid a salary. He received 2 raises since 2003 but one involved him giving up his Piggy health insurance in order to get the raise of 7k. Cintron had to go on his wife's insurance policy & Piggy saved 10k on the arrangement. I've never been asked to make a deal like this to get a raise.
I realize this guy accepted this as a salary job & stayed because he needed it. But it's the little things like this that really paints the picture of this Pig many of you adore. He regularly stiffs the little guys & breaks labor laws. I guess Cintron is lucky. He got to keep his kids.
I hope they do a movie on this called "Driving Mr. Dipsh!t."
A Vox analysis of hiring records for seasonal workers at three Piggy properties in New York and Florida revealed that only one out of 144 jobs went to a US worker from 2016 to the end of 2017. Foreign guest workers with H-2B visas got the rest.
Jobs President....what a disgrace!
0
A Vox analysis of hiring records for seasonal workers at three Piggy properties in New York and Florida revealed that only one out of 144 jobs went to a US worker from 2016 to the end of 2017. Foreign guest workers with H-2B visas got the rest.
Last Friday the Labor Department put out a very solid monthly jobs report: Employment increased by 213,000 in June and hourly earnings rose by 2.7% on an annual basis...The GDPNow model estimates for real GDP growth(seasonally adjusted annual rate ) in second quarter of 2018 is 4.1 % on July 2nd ..up from 3.8% on June 29th..
Under the previous administration the annual GDP never exceeded 2.6%.. President Obama is now the only President in history to never have a a year of 3% GDP growth...an avg. GDP growth of 1.48%during both his terms ............................jobs indeed..
0
Last Friday the Labor Department put out a very solid monthly jobs report: Employment increased by 213,000 in June and hourly earnings rose by 2.7% on an annual basis...The GDPNow model estimates for real GDP growth(seasonally adjusted annual rate ) in second quarter of 2018 is 4.1 % on July 2nd ..up from 3.8% on June 29th..
Under the previous administration the annual GDP never exceeded 2.6%.. President Obama is now the only President in history to never have a a year of 3% GDP growth...an avg. GDP growth of 1.48%during both his terms ............................jobs indeed..
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.