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    All Forums | Politics

    trump's economy failing; worse than Obama's last 3

    «First Previous 181920 ... 293031 Next Last»
    fubah2
    Snorkel
    gambleholic63
    KellyM_1964
    Midnight1
    ...
    Participants:
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    Views: 2756
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    «First Previous 181920 ... 293031 Next Last»
     
    fubah2
    fubah2
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    Joined: Aug, 2012
    Posts: 52743
    Posted: Jul. 17, 2020 - 5:48 PM ET #426

    Quote Originally Posted by Midnight1:

    Ignore him Deezy...

     

    Slim will be gone in November.

    Slim and I made a wager that if Trump were to lose he will leave the website.

    If Joe loses, I will leave the website.

    We'll see how much his word is worth in November.

     

    He just has to extinguish the burning crosses before he leaves.

    goodpost   an_popcorn

     

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    Quote Originally Posted by Midnight1:

    Ignore him Deezy...

     

    Slim will be gone in November.

    Slim and I made a wager that if Trump were to lose he will leave the website.

    If Joe loses, I will leave the website.

    We'll see how much his word is worth in November.

     

    He just has to extinguish the burning crosses before he leaves.

    goodpost   an_popcorn

     

     
    Snorkel
    Snorkel
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    Posts: 1177
    Posted: Jul. 17, 2020 - 5:51 PM ET #427

    Quote Originally Posted by fubah2:

    Quote Originally Posted by DeezyAZ81: Quote Originally Posted by Snorkel: Just because I do not like Trump does not make me a "Democrat" In fact, many Republicans and Independents cannot stand him, hence one of the lowest approval ratings in modern history, and Republican groups like the Lincoln Project and more organizing and advertising against him. Get a clue dude, your boy Trump is not popular, regardless of political party affiliation. Snorky wants a DEM to play with him, I guess, because nobody else will.
    Gee - my feelings are hurt . Way to express your

    ignorance.

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    Quote Originally Posted by fubah2:

    Quote Originally Posted by DeezyAZ81: Quote Originally Posted by Snorkel: Just because I do not like Trump does not make me a "Democrat" In fact, many Republicans and Independents cannot stand him, hence one of the lowest approval ratings in modern history, and Republican groups like the Lincoln Project and more organizing and advertising against him. Get a clue dude, your boy Trump is not popular, regardless of political party affiliation. Snorky wants a DEM to play with him, I guess, because nobody else will.
    Gee - my feelings are hurt . Way to express your

    ignorance.

     
    gambleholic63
    gambleholic63
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    Posted: Jul. 18, 2020 - 12:25 AM ET #428

    OK Guys. This will be my final post in this thread. 

    I think everyone on this thread can do better, myself included. The constant insults and such that is going on here towards anyone that disagrees with the DEM/LEFT crowd is pretty exhausting. Go back and read some of the stuff you guys write. I feel sad for everyone that typed a word here, some obviously more than others. 

    Some of you are now thinking....don't let the door hit you in the ass. I know. That's ok.

    For the rest of you guys, if you want to make some money pop over into the investment threads. I don't have to agree with your political views, but I promise you will have a good chance to score some cash. The conversations over there don't tend to be as nasty and mean as you guys are because everyone is in a good mood from making money. 

    Gamble for entertainment, invest for wealth!
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    OK Guys. This will be my final post in this thread. 

    I think everyone on this thread can do better, myself included. The constant insults and such that is going on here towards anyone that disagrees with the DEM/LEFT crowd is pretty exhausting. Go back and read some of the stuff you guys write. I feel sad for everyone that typed a word here, some obviously more than others. 

    Some of you are now thinking....don't let the door hit you in the ass. I know. That's ok.

    For the rest of you guys, if you want to make some money pop over into the investment threads. I don't have to agree with your political views, but I promise you will have a good chance to score some cash. The conversations over there don't tend to be as nasty and mean as you guys are because everyone is in a good mood from making money. 

     
    KellyM_1964
    KellyM_1964
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    Joined: May, 2009
    Posts: 16722
    Posted: Jul. 18, 2020 - 12:34 AM ET #429

    Quote Originally Posted by gambleholic63:

    OK Guys. This will be my final post in this thread.  I think everyone on this thread can do better, myself included. The constant insults and such that is going on here towards anyone that disagrees with the DEM/LEFT crowd is pretty exhausting. Go back and read some of the stuff you guys write. I feel sad for everyone that typed a word here, some obviously more than others.  Some of you are now thinking....don't let the door hit you in the ass.

    don't let the door hit you in the ass, dem hater!

    obama had the toughest presidency .trump was given a gift from obama.

    look what trump did with it

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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    Quote Originally Posted by gambleholic63:

    OK Guys. This will be my final post in this thread.  I think everyone on this thread can do better, myself included. The constant insults and such that is going on here towards anyone that disagrees with the DEM/LEFT crowd is pretty exhausting. Go back and read some of the stuff you guys write. I feel sad for everyone that typed a word here, some obviously more than others.  Some of you are now thinking....don't let the door hit you in the ass.

    don't let the door hit you in the ass, dem hater!

    obama had the toughest presidency .trump was given a gift from obama.

    look what trump did with it

     
    Midnight1
    Midnight1
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    Joined: May, 2007
    Posts: 25449
    Posted: Jul. 18, 2020 - 12:49 PM ET #430

    Quote Originally Posted by gambleholic63:

    OK Guys. This will be my final post in this thread.  I think everyone on this thread can do better, myself included. The constant insults and such that is going on here towards anyone that disagrees with the DEM/LEFT crowd is pretty exhausting. Go back and read some of the stuff you guys write. I feel sad for everyone that typed a word here, some obviously more than others.  Some of you are now thinking....don't let the door hit you in the ass. I know. That's ok. For the rest of you guys, if you want to make some money pop over into the investment threads. I don't have to agree with your political views, but I promise you will have a good chance to score some cash. The conversations over there don't tend to be as nasty and mean as you guys are because everyone is in a good mood from making money.

    gamble...you are relatively new to this forum. The divide in this forum is as stark as the divide in our country. The vitriol flows both ways. From the Democratic point of view, we don't like the corruption and lies coming out of the WH. From the Republican point of view. you are trying to hold on to the power you had.

    We all want the best for the country. We just have different views on how to get there.

    Reply
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    Quote Originally Posted by gambleholic63:

    OK Guys. This will be my final post in this thread.  I think everyone on this thread can do better, myself included. The constant insults and such that is going on here towards anyone that disagrees with the DEM/LEFT crowd is pretty exhausting. Go back and read some of the stuff you guys write. I feel sad for everyone that typed a word here, some obviously more than others.  Some of you are now thinking....don't let the door hit you in the ass. I know. That's ok. For the rest of you guys, if you want to make some money pop over into the investment threads. I don't have to agree with your political views, but I promise you will have a good chance to score some cash. The conversations over there don't tend to be as nasty and mean as you guys are because everyone is in a good mood from making money.

    gamble...you are relatively new to this forum. The divide in this forum is as stark as the divide in our country. The vitriol flows both ways. From the Democratic point of view, we don't like the corruption and lies coming out of the WH. From the Republican point of view. you are trying to hold on to the power you had.

    We all want the best for the country. We just have different views on how to get there.

     
    fubah2
    fubah2
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    Joined: Aug, 2012
    Posts: 52743
    Posted: Jul. 18, 2020 - 10:24 PM ET #431

    National Debt Since Trump Took Office

    " At first, it seemed Trump was lowering the debt. It fell $102 billion in
    the first six months after Trump took office.19 On January 20th, the day
    Trump was inaugurated, the debt was $19.9 trillion. On July 30, it was
    $19.8 trillion. But it was not because of anything he did.
    Instead, it was because of the federal debt ceiling.

    On September 8, 2017, Trump signed a bill increasing the debt ceiling.
    Later that day, the debt exceeded $20 trillion for the first time in U.S.
    history. On February 9, 2018, Trump signed a bill suspending the debt
    ceiling until March 1, 2019.21 It leapt to $22 trillion. In July 2019, Trump
    suspended the debt ceiling until after the 2020 presidential election.
    The debt soon rose to $23 trillion.
    Trump has overseen the fastest increase in the debt of ANY president.

    Trump's Fiscal Year 2021 budget projects the debt would increase
    $4.8 trillion during his first term. (pre-pandemic!!) That's as much as 
    Obama added while fighting a massive recession!
    Trump has not fulfilled his campaign promise to cut the debt.
    Instead, he's done the opposite. "

    Source: https://www.thebalance.com/trump-plans-to-reduce-national-debt-4114401

     

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    National Debt Since Trump Took Office

    " At first, it seemed Trump was lowering the debt. It fell $102 billion in
    the first six months after Trump took office.19 On January 20th, the day
    Trump was inaugurated, the debt was $19.9 trillion. On July 30, it was
    $19.8 trillion. But it was not because of anything he did.
    Instead, it was because of the federal debt ceiling.

    On September 8, 2017, Trump signed a bill increasing the debt ceiling.
    Later that day, the debt exceeded $20 trillion for the first time in U.S.
    history. On February 9, 2018, Trump signed a bill suspending the debt
    ceiling until March 1, 2019.21 It leapt to $22 trillion. In July 2019, Trump
    suspended the debt ceiling until after the 2020 presidential election.
    The debt soon rose to $23 trillion.
    Trump has overseen the fastest increase in the debt of ANY president.

    Trump's Fiscal Year 2021 budget projects the debt would increase
    $4.8 trillion during his first term. (pre-pandemic!!) That's as much as 
    Obama added while fighting a massive recession!
    Trump has not fulfilled his campaign promise to cut the debt.
    Instead, he's done the opposite. "

    Source: https://www.thebalance.com/trump-plans-to-reduce-national-debt-4114401

     

     
    DeezyAZ81
    DeezyAZ81
    Captain
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    Joined: Nov, 2005
    Posts: 8713
    Posted: Jul. 18, 2020 - 10:43 PM ET #432

    I do not think fat Donnie fulfills any campaign promise Fubah.

    The Wall

    Trumpcare

    The Debt

    Releasing His taxes

    The list goes on and onan_cheers

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    I do not think fat Donnie fulfills any campaign promise Fubah.

    The Wall

    Trumpcare

    The Debt

    Releasing His taxes

    The list goes on and onan_cheers

     
    fubah2
    fubah2
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    Joined: Aug, 2012
    Posts: 52743
    Posted: Jul. 18, 2020 - 10:53 PM ET #433

    U.S. National Debt increases by presidency:

    1.86 Trillion - R.Reagan (.232 trillion per year)
    1.55 Trillion - H.W.Bush (.387 trillion per year)
    1.40 Trillion - B.Clinton (.175 trillion per year)  [=  $ 5.8 Trillion]
    5.85 Trillion - G.W.Bush (.731 trillion per year) [= $11.6 Trillion]
    8.59 Trillion - B. Obama (1.07 trillion per year) [= $20.2 Trillion]
    6.30 Trillion - trump (*2.16 trillion per year) [= $26.7 Trillion]

    *estimate for only 3 fiscal yrs

    Source: https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

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    U.S. National Debt increases by presidency:

    1.86 Trillion - R.Reagan (.232 trillion per year)
    1.55 Trillion - H.W.Bush (.387 trillion per year)
    1.40 Trillion - B.Clinton (.175 trillion per year)  [=  $ 5.8 Trillion]
    5.85 Trillion - G.W.Bush (.731 trillion per year) [= $11.6 Trillion]
    8.59 Trillion - B. Obama (1.07 trillion per year) [= $20.2 Trillion]
    6.30 Trillion - trump (*2.16 trillion per year) [= $26.7 Trillion]

    *estimate for only 3 fiscal yrs

    Source: https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

     
    fubah2
    fubah2
    Legend
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    Posts: 52743
    Posted: Jul. 19, 2020 - 6:13 AM ET #434

    After Saturday, JULY 18:

    trump is LARGELY responsible for the  140,000 Americans  killed by covid-19

     

    You boast and take credit for conditions in the country when times are good; then

    you own the responsibility for the conditions in the country when times are bad ON YOUR WATCH.

     

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    After Saturday, JULY 18:

    trump is LARGELY responsible for the  140,000 Americans  killed by covid-19

     

    You boast and take credit for conditions in the country when times are good; then

    you own the responsibility for the conditions in the country when times are bad ON YOUR WATCH.

     

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 52743
    Posted: Jul. 19, 2020 - 8:03 PM ET #435

    Experts estimate tens of millions of Americans contracted coronavirus but
    are not included in official tallies because of testing errors, misdiagnoses,
    a sluggish public health response, and ignorance about the disease during
    its early days in the United States.

    The Centers for Disease Control and Prevention (CDC) reported Thursday
    that there have been about 3.5 million confirmed cases of COVID-19
    nationwide and at least 136,000 deaths. The actual number of infections
    is likely 10 times the number of reported cases,
    CDC Director Robert Redfield said in a news conference.

     

    The nation’s understanding of the pandemic is hampered because
    so many victims remain uncounted. Americans who paid a physical
    and emotional toll for COVID-19 describe how being excluded from
    official statistics exacerbates their isolation, uncertainty, distrust
    and fear. And without an accurate count, researchers might draw
    flawed conclusions about the virus’ behavior, local leaders might
    make poor re-opening decisions, and citizens might underestimate
    their own risks.

    Source: https://tinyurl.com/yyn72rtn

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    Experts estimate tens of millions of Americans contracted coronavirus but
    are not included in official tallies because of testing errors, misdiagnoses,
    a sluggish public health response, and ignorance about the disease during
    its early days in the United States.

    The Centers for Disease Control and Prevention (CDC) reported Thursday
    that there have been about 3.5 million confirmed cases of COVID-19
    nationwide and at least 136,000 deaths. The actual number of infections
    is likely 10 times the number of reported cases,
    CDC Director Robert Redfield said in a news conference.

     

    The nation’s understanding of the pandemic is hampered because
    so many victims remain uncounted. Americans who paid a physical
    and emotional toll for COVID-19 describe how being excluded from
    official statistics exacerbates their isolation, uncertainty, distrust
    and fear. And without an accurate count, researchers might draw
    flawed conclusions about the virus’ behavior, local leaders might
    make poor re-opening decisions, and citizens might underestimate
    their own risks.

    Source: https://tinyurl.com/yyn72rtn

     
    fubah2
    fubah2
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    Joined: Aug, 2012
    Posts: 52743
    Posted: Jul. 20, 2020 - 3:19 AM ET #436

    Quote Originally Posted by Midnight1:

    Quote Originally Posted by gambleholic63: OK Guys. This will be my final post in this thread.  

     

    gamble...you are relatively new to this forum. The divide in this forum
    is as stark as the divide in our country. The vitriol flows both ways.

    From the Democratic point of view, we don't like the corruption and lies
    coming out of the WH.

    Additionally, I can confirm that from the Moderate/Independent point of view,
    - like myself and DeezyAZ81 - we don't like the corruption and lies coming out
    of the WH any more than the Democrats do!

     

    Reply
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    Quote Originally Posted by Midnight1:

    Quote Originally Posted by gambleholic63: OK Guys. This will be my final post in this thread.  

     

    gamble...you are relatively new to this forum. The divide in this forum
    is as stark as the divide in our country. The vitriol flows both ways.

    From the Democratic point of view, we don't like the corruption and lies
    coming out of the WH.

    Additionally, I can confirm that from the Moderate/Independent point of view,
    - like myself and DeezyAZ81 - we don't like the corruption and lies coming out
    of the WH any more than the Democrats do!

     

     
    KellyM_1964
    KellyM_1964
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    Posted: Jul. 20, 2020 - 7:23 PM ET #437

    Quote Originally Posted by fubah2:

    Experts estimate tens of millions of Americans contracted coronavirus but are not included in official tallies because of testing errors, misdiagnoses, a sluggish public health response, and ignorance about the disease during its early days in the United States. The Centers for Disease Control and Prevention (CDC) reported Thursday that there have been about 3.5 million confirmed cases of COVID-19 nationwide and at least 136,000 deaths. The actual number of infections is likely 10 times the number of reported cases, CDC Director Robert Redfield said in a news conference.   The nation’s understanding of the pandemic is hampered because so many victims remain uncounted. Americans who paid a physical and emotional toll for COVID-19 describe how being excluded from official statistics exacerbates their isolation, uncertainty, distrust and fear. And without an accurate count, researchers might draw flawed conclusions about the virus’ behavior, local leaders might make poor re-opening decisions, and citizens might underestimate their own risks.

    Source: https://tinyurl.com/yyn72rtn

    just what i thought too . the cases and deaths r actually undercounted for many resons

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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    Quote Originally Posted by fubah2:

    Experts estimate tens of millions of Americans contracted coronavirus but are not included in official tallies because of testing errors, misdiagnoses, a sluggish public health response, and ignorance about the disease during its early days in the United States. The Centers for Disease Control and Prevention (CDC) reported Thursday that there have been about 3.5 million confirmed cases of COVID-19 nationwide and at least 136,000 deaths. The actual number of infections is likely 10 times the number of reported cases, CDC Director Robert Redfield said in a news conference.   The nation’s understanding of the pandemic is hampered because so many victims remain uncounted. Americans who paid a physical and emotional toll for COVID-19 describe how being excluded from official statistics exacerbates their isolation, uncertainty, distrust and fear. And without an accurate count, researchers might draw flawed conclusions about the virus’ behavior, local leaders might make poor re-opening decisions, and citizens might underestimate their own risks.

    Source: https://tinyurl.com/yyn72rtn

    just what i thought too . the cases and deaths r actually undercounted for many resons

     
    KellyM_1964
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    Posted: Jul. 20, 2020 - 10:33 PM ET #438

    Quote Originally Posted by fubah2:

    U.S. National Debt increases by presidency: 1.86 Trillion - R.Reagan (.232 trillion per year)1.55 Trillion - H.W.Bush (.387 trillion per year)1.40 Trillion - B.Clinton (.175 trillion per year)  [=  $ 5.8 Trillion]5.85 Trillion - G.W.Bush (.731 trillion per year) [= $11.6 Trillion]8.59 Trillion - B. Obama (1.07 trillion per year) [= $20.2 Trillion]6.30 Trillion - trump (*2.16 trillion per year) [= $26.7 Trillion] *estimate for only 3 fiscal yrs Source: https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296
    about twice as much debt as obama . sad

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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    Quote Originally Posted by fubah2:

    U.S. National Debt increases by presidency: 1.86 Trillion - R.Reagan (.232 trillion per year)1.55 Trillion - H.W.Bush (.387 trillion per year)1.40 Trillion - B.Clinton (.175 trillion per year)  [=  $ 5.8 Trillion]5.85 Trillion - G.W.Bush (.731 trillion per year) [= $11.6 Trillion]8.59 Trillion - B. Obama (1.07 trillion per year) [= $20.2 Trillion]6.30 Trillion - trump (*2.16 trillion per year) [= $26.7 Trillion] *estimate for only 3 fiscal yrs Source: https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296
    about twice as much debt as obama . sad

     
    fubah2
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    Posted: Jul. 21, 2020 - 6:23 AM ET #439

     

     

    In a series of tweets published on Monday night,

    the Republican governor of Maryland

    questioned the Trump administration's commitment

    to dealing with the coronavirus pandemic.

    https://www.cnn.com/world/live-news/coronavirus-pandemic-07-21-20-intl/h_d92b1dc05d8324150bd747cb9878f0f1

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    In a series of tweets published on Monday night,

    the Republican governor of Maryland

    questioned the Trump administration's commitment

    to dealing with the coronavirus pandemic.

    https://www.cnn.com/world/live-news/coronavirus-pandemic-07-21-20-intl/h_d92b1dc05d8324150bd747cb9878f0f1

     
    fubah2
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    Posted: Jul. 21, 2020 - 6:56 AM ET #440

     
    Hedge fund billionaire Leon Cooperman said he thinks the market is overvalued, and that it is overlooking "a number of things."
    Chiefly, he said, the market "is not recognizing the risks that we face: the China relationship deteriorating, the tremendous increase in debt in the system, certainly from the election, the virus issues," Cooperman told CNN's Christine Romans in an interview that aired on "Early Start" Monday.
    The nation's rapidly growing national debt is among Cooperman's biggest concerns.
    Instead of whittling down the federal deficit when the economy was strong, Trump directed the federal government pile on even more debt to pay for massive tax cuts and spending surged, which meant the country entered the coronavirus crisis in rough financial shape. Now, the national debt is exploding as Washington scrambles to rescue the US economy from the shock of the pandemic.
    "I am focused on something the market is not focusing on at the present time and that is:
    Who pays for the party when the party is over?" Cooperman said.
     
    The deficit is growing at a rate "well in excess of the growth rate of the economy," he added. "To me, that means more of our nation's income will have to be devoted to debt service, which will retard economic growth in the long term."
    https://www.cnn.com/2020/07/20/investing/leon-cooperman-stock-market-overvalued/index.html
     
     
    Of course the self-proclaimed "King of Debt" is not worried. Afterall, it isn't HIS money...
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    Hedge fund billionaire Leon Cooperman said he thinks the market is overvalued, and that it is overlooking "a number of things."
    Chiefly, he said, the market "is not recognizing the risks that we face: the China relationship deteriorating, the tremendous increase in debt in the system, certainly from the election, the virus issues," Cooperman told CNN's Christine Romans in an interview that aired on "Early Start" Monday.
    The nation's rapidly growing national debt is among Cooperman's biggest concerns.
    Instead of whittling down the federal deficit when the economy was strong, Trump directed the federal government pile on even more debt to pay for massive tax cuts and spending surged, which meant the country entered the coronavirus crisis in rough financial shape. Now, the national debt is exploding as Washington scrambles to rescue the US economy from the shock of the pandemic.
    "I am focused on something the market is not focusing on at the present time and that is:
    Who pays for the party when the party is over?" Cooperman said.
     
    The deficit is growing at a rate "well in excess of the growth rate of the economy," he added. "To me, that means more of our nation's income will have to be devoted to debt service, which will retard economic growth in the long term."
    https://www.cnn.com/2020/07/20/investing/leon-cooperman-stock-market-overvalued/index.html
     
     
    Of course the self-proclaimed "King of Debt" is not worried. Afterall, it isn't HIS money...
     
    fubah2
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    Posted: Jul. 21, 2020 - 8:09 PM ET #441

    141,683 dead Americans on trump's watch, for which he is VERY LARGELY responsible.

    https://www.nytimes.com/2020/05/20/us/coronavirus-distancing-deaths.html?referringSource=articleShare

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    141,683 dead Americans on trump's watch, for which he is VERY LARGELY responsible.

    https://www.nytimes.com/2020/05/20/us/coronavirus-distancing-deaths.html?referringSource=articleShare

     
    KellyM_1964
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    Posted: Jul. 21, 2020 - 8:41 PM ET #442

    Quote Originally Posted by fubah2:

    Hedge fund billionaire Leon Cooperman said he thinks the market is overvalued, and that it is overlooking "a number of things." Chiefly, he said, the market "is not recognizing the risks that we face: the China relationship deteriorating, the tremendous increase in debt in the system, certainly from the election, the virus issues," Cooperman told CNN's Christine Romans in an interview that aired on "Early Start" Monday. The nation's rapidly growing national debt is among Cooperman's biggest concerns. Instead of whittling down the federal deficit when the economy was strong, Trump directed the federal government pile on even more debt to pay for massive tax cuts and spending surged, which meant the country entered the coronavirus crisis in rough financial shape. Now, the national debt is exploding as Washington scrambles to rescue the US economy from the shock of the pandemic. "I am focused on something the market is not focusing on at the present time and that is: Who pays for the party when the party is over?" Cooperman said.   The deficit is growing at a rate "well in excess of the growth rate of the economy," he added. "To me, that means more of our nation's income will have to be devoted to debt service, which will retard economic growth in the long term." https://www.cnn.com/2020/07/20/investing/leon-cooperman-stock-market-overvalued/index.html    

    Of course the self-proclaimed "King of Debt" is not worried. Afterall, it isn't HIS money...

    to trump and supporters that is what winning looks like

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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    Quote Originally Posted by fubah2:

    Hedge fund billionaire Leon Cooperman said he thinks the market is overvalued, and that it is overlooking "a number of things." Chiefly, he said, the market "is not recognizing the risks that we face: the China relationship deteriorating, the tremendous increase in debt in the system, certainly from the election, the virus issues," Cooperman told CNN's Christine Romans in an interview that aired on "Early Start" Monday. The nation's rapidly growing national debt is among Cooperman's biggest concerns. Instead of whittling down the federal deficit when the economy was strong, Trump directed the federal government pile on even more debt to pay for massive tax cuts and spending surged, which meant the country entered the coronavirus crisis in rough financial shape. Now, the national debt is exploding as Washington scrambles to rescue the US economy from the shock of the pandemic. "I am focused on something the market is not focusing on at the present time and that is: Who pays for the party when the party is over?" Cooperman said.   The deficit is growing at a rate "well in excess of the growth rate of the economy," he added. "To me, that means more of our nation's income will have to be devoted to debt service, which will retard economic growth in the long term." https://www.cnn.com/2020/07/20/investing/leon-cooperman-stock-market-overvalued/index.html    

    Of course the self-proclaimed "King of Debt" is not worried. Afterall, it isn't HIS money...

    to trump and supporters that is what winning looks like

     
    fubah2
    fubah2
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    Posts: 52743
    Posted: Jul. 22, 2020 - 2:22 AM ET #443

    Thanks to early denial and very slow reaction by trump...

     Source:https://www.newsmax.com/us/coronavirus-death-toll-columbia-university/2020/05/21/id/968300/

     

    Coronavirus will hit US county budgets
    to the tune of $202 billion, association says

    From CNN Health’s Maggie Fox

    The US’s 3,000 counties expect this year’s coronavirus pandemic to hit their
    budgets to the tune of $202 billion, meaning cuts in services, jobs and
    infrastructure projects,   according to a survey published Tuesday.

    Already, 71% of counties have cut or delayed capital investments such as
    infrastructure and economic development projects, the US' National Association
    of Counties (NACo) said in its report. And 68% reported they have cut services
    such as public safety and health services.

    “Counties anticipate $202 billion impact to budgets through FY2021,
    with widespread economic consequences,” the report reads.

    The group said counties employ 328,000 hospital workers, 374,000 law
    enforcement officers, 93,000 firefighting staff and 200,000 public health
    workers. Jails, airports, 911 call centers, child and domestic protective
    services and services for the elderly could all be impacted

    Source: https://www.cnn.com/world/live-news/coronavirus-pandemic-07-22-20-intl/index.html

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    Thanks to early denial and very slow reaction by trump...

     Source:https://www.newsmax.com/us/coronavirus-death-toll-columbia-university/2020/05/21/id/968300/

     

    Coronavirus will hit US county budgets
    to the tune of $202 billion, association says

    From CNN Health’s Maggie Fox

    The US’s 3,000 counties expect this year’s coronavirus pandemic to hit their
    budgets to the tune of $202 billion, meaning cuts in services, jobs and
    infrastructure projects,   according to a survey published Tuesday.

    Already, 71% of counties have cut or delayed capital investments such as
    infrastructure and economic development projects, the US' National Association
    of Counties (NACo) said in its report. And 68% reported they have cut services
    such as public safety and health services.

    “Counties anticipate $202 billion impact to budgets through FY2021,
    with widespread economic consequences,” the report reads.

    The group said counties employ 328,000 hospital workers, 374,000 law
    enforcement officers, 93,000 firefighting staff and 200,000 public health
    workers. Jails, airports, 911 call centers, child and domestic protective
    services and services for the elderly could all be impacted

    Source: https://www.cnn.com/world/live-news/coronavirus-pandemic-07-22-20-intl/index.html

     
    fubah2
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    Posted: Jul. 22, 2020 - 11:24 PM ET #444

    TRUMP RANKS DEAD LAST
    in survey of Presidential historians & scholars!

    Obama ranked 8th !

    Source: https://tinyurl.com/y8wt7326

     

    "How Does Trump Stack Up Against
    the Best — and Worst — Presidents?"

    We surveyed presidential politics experts to sketch out a first draft of
    Trump’s place in presidential history.

    Since our previous survey in 2014, some presidential legacies have soared.
    Barack Obama’s stock has climbed into the Top 10. (#8)
    Republican-only voters ranked Obama #16 out of 44

    And President Trump?
    Let’s say that, according to the 170 members of the American Political Science
    Association’s Presidents and Executive Politics section who filled out our survey,
    he has at least three years to improve on an ignominious debut. (#44 of 44)

    Trump doesn't get much of a lift from REPUBLICAN-ONLY votes:
    even in their eyes, he’s a BOTTOM-5 president!!


    Republican experts ranked Trump #40 out of 44.

    Source: There are 2 main graphs in this survey. Look at both.
    https://tinyurl.com/y8wt7326

     

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    TRUMP RANKS DEAD LAST
    in survey of Presidential historians & scholars!

    Obama ranked 8th !

    Source: https://tinyurl.com/y8wt7326

     

    "How Does Trump Stack Up Against
    the Best — and Worst — Presidents?"

    We surveyed presidential politics experts to sketch out a first draft of
    Trump’s place in presidential history.

    Since our previous survey in 2014, some presidential legacies have soared.
    Barack Obama’s stock has climbed into the Top 10. (#8)
    Republican-only voters ranked Obama #16 out of 44

    And President Trump?
    Let’s say that, according to the 170 members of the American Political Science
    Association’s Presidents and Executive Politics section who filled out our survey,
    he has at least three years to improve on an ignominious debut. (#44 of 44)

    Trump doesn't get much of a lift from REPUBLICAN-ONLY votes:
    even in their eyes, he’s a BOTTOM-5 president!!


    Republican experts ranked Trump #40 out of 44.

    Source: There are 2 main graphs in this survey. Look at both.
    https://tinyurl.com/y8wt7326

     

     
    DeezyAZ81
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    Posted: Jul. 23, 2020 - 12:25 AM ET #445

    Ouch from the conservative leaning Wall Street Journal today!

     

    https://www.wsj.com/articles/obama-built-most-of-trumps-good-economy-11595440495

     

     

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    Ouch from the conservative leaning Wall Street Journal today!

     

    https://www.wsj.com/articles/obama-built-most-of-trumps-good-economy-11595440495

     

     

     
    SarasotaSlim
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    Posted: Jul. 23, 2020 - 12:56 AM ET #446

     

     

     

     

     

                                                                                                                                                                                                                                                                                                                                                                             .

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                                                                                                                                                                                                                                                                                                                                                                             .

     
    fubah2
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    Posted: Jul. 23, 2020 - 1:17 AM ET #447

    Quote Originally Posted by DeezyAZ81:

    Ouch

    from the conservative leaning Wall Street Journal today!  

    https://www.wsj.com/articles/obama-built-most-of-trumps-good-economy-11595440495

    Headlines from your source:

    Obama Built Most of Trump’s Good Economy
    President Obama gift wrapped a great economy
    and hand delivered it to President Trump.

    July 22, 2020 1:54 pm ET

     

    Of course, those of us WITHOUT right-wing PARTISAN blinders on already knew this...

     

    Perhaps this is a significant reason WHY REPUBLICAN scholars don't give trump much credit, and rank him #40 out of 44 presidents (bottom 4)

    Reply
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    Quote Originally Posted by DeezyAZ81:

    Ouch

    from the conservative leaning Wall Street Journal today!  

    https://www.wsj.com/articles/obama-built-most-of-trumps-good-economy-11595440495

    Headlines from your source:

    Obama Built Most of Trump’s Good Economy
    President Obama gift wrapped a great economy
    and hand delivered it to President Trump.

    July 22, 2020 1:54 pm ET

     

    Of course, those of us WITHOUT right-wing PARTISAN blinders on already knew this...

     

    Perhaps this is a significant reason WHY REPUBLICAN scholars don't give trump much credit, and rank him #40 out of 44 presidents (bottom 4)

     
    fubah2
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    Posted: Jul. 23, 2020 - 3:46 AM ET #448

    Happening right now......on trump's watch:

    US cities stand to lose $1.5 trillion
    in economic activity this year !


    By Tami Luhby, CNN Business
    Updated 5:32 PM ET, Wed July 22, 2020

    Source: https://tinyurl.com/y5rh3bzv

    Cities could lose $1.5 trillion in economic activity in 2020 — and
    that's if the coronavirus pandemic is brought under control later
    this year, according to a new report from the US Conference of Mayors.

    The loss amounts to a drop of 8.8% in economic output!
    The average unemployment rate for 2020 is expected to be above 10%
    in 161 metro areas, or 42% of the total, according to the report.

    "Our budgets have really been hurt, some decimated, by this pandemic,"
    said Louisville, Kentucky, Mayor Greg Fischer, the conference's president.

    Over the second half of this year, metro economies should continue
    to recover some of the losses in jobs and wages from the spring —
    -- if the outbreak doesn't continue to surge.


    But the recovery will be slow, according to the report.
    By the first quarter of next year, metro-level employment will remain
    5.2% below that of a year earlier, a loss of 7 million jobs.

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    Happening right now......on trump's watch:

    US cities stand to lose $1.5 trillion
    in economic activity this year !


    By Tami Luhby, CNN Business
    Updated 5:32 PM ET, Wed July 22, 2020

    Source: https://tinyurl.com/y5rh3bzv

    Cities could lose $1.5 trillion in economic activity in 2020 — and
    that's if the coronavirus pandemic is brought under control later
    this year, according to a new report from the US Conference of Mayors.

    The loss amounts to a drop of 8.8% in economic output!
    The average unemployment rate for 2020 is expected to be above 10%
    in 161 metro areas, or 42% of the total, according to the report.

    "Our budgets have really been hurt, some decimated, by this pandemic,"
    said Louisville, Kentucky, Mayor Greg Fischer, the conference's president.

    Over the second half of this year, metro economies should continue
    to recover some of the losses in jobs and wages from the spring —
    -- if the outbreak doesn't continue to surge.


    But the recovery will be slow, according to the report.
    By the first quarter of next year, metro-level employment will remain
    5.2% below that of a year earlier, a loss of 7 million jobs.

     
    fubah2
    fubah2
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    Posts: 52743
    Posted: Jul. 23, 2020 - 1:52 PM ET #449

    trump-virus economic recovery stalling ?

     

    Jobless claims rise
    for first time in nearly 4 months

    The U.S. jobs market recovery may be stalling.
    After steadily declining, the number of Americans filing for unemployment benefits
    rose last week for the first time in nearly four months.

    The latest tally comes as coronavirus cases explode across the country,
    pushing authorities to shut down businesses again or pause reopenings.

    What's more, some of those workers are being laid off for a second time
    as the economy battles a recession and faces weak demand.

    The U.S. government has been issuing extra unemployment checks of
    $600 a week but that benefit ends next week. If it's not extended by
    Congress, it will leave millions of gig workers and self-employed workers
    without an income since they don't qualify for regular state unemployment insurance.

    Source: https://finance.yahoo.com/video/jobless-claims-rise-first-time-161343805.html

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    trump-virus economic recovery stalling ?

     

    Jobless claims rise
    for first time in nearly 4 months

    The U.S. jobs market recovery may be stalling.
    After steadily declining, the number of Americans filing for unemployment benefits
    rose last week for the first time in nearly four months.

    The latest tally comes as coronavirus cases explode across the country,
    pushing authorities to shut down businesses again or pause reopenings.

    What's more, some of those workers are being laid off for a second time
    as the economy battles a recession and faces weak demand.

    The U.S. government has been issuing extra unemployment checks of
    $600 a week but that benefit ends next week. If it's not extended by
    Congress, it will leave millions of gig workers and self-employed workers
    without an income since they don't qualify for regular state unemployment insurance.

    Source: https://finance.yahoo.com/video/jobless-claims-rise-first-time-161343805.html

     
     
    fubah2
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    Posts: 52743
    Posted: Jul. 23, 2020 - 2:22 PM ET #450


    New York (CNN Business)
    Restaurant reservations are waning.
    The rebound in air travel is leveling off.
    And foot traffic at stores is dwindling once again.
    There is mounting evidence that America's fragile economic recovery is
    already stalling as the number of coronavirus infections and deaths spike.

    "The premature reopening of the U.S. economy has resulted in an
    intensification of the pandemic, which is now causing growth in the
    economy to slow," Joe Brusuelas, chief economist at RSM International,
    wrote in a note to clients Tuesday.

    Economists say there is nothing to debate: The recovery is faltering.


    "Activity is now clearly contracting in COVID hot spots, including the
    Sun Belt and the West," Aneta Markowska, chief economist at Jefferies,
    wrote in a report on Monday.

    That is hardly surprising, given that 22 states have either reversed or
    paused their reopening due to health concerns.
    Recovery hopes overdone?
    This doesn't mean the US economy will keep shrinking in the third quarter.
    Economists are still betting GDP will turn sharply positive after having
    collapsed by an estimated 34% during the second quarter. But now they
    worry that the forecasts for blockbuster growth may be overly optimistic.

    Reply
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    New York (CNN Business)
    Restaurant reservations are waning.
    The rebound in air travel is leveling off.
    And foot traffic at stores is dwindling once again.
    There is mounting evidence that America's fragile economic recovery is
    already stalling as the number of coronavirus infections and deaths spike.

    "The premature reopening of the U.S. economy has resulted in an
    intensification of the pandemic, which is now causing growth in the
    economy to slow," Joe Brusuelas, chief economist at RSM International,
    wrote in a note to clients Tuesday.

    Economists say there is nothing to debate: The recovery is faltering.


    "Activity is now clearly contracting in COVID hot spots, including the
    Sun Belt and the West," Aneta Markowska, chief economist at Jefferies,
    wrote in a report on Monday.

    That is hardly surprising, given that 22 states have either reversed or
    paused their reopening due to health concerns.
    Recovery hopes overdone?
    This doesn't mean the US economy will keep shrinking in the third quarter.
    Economists are still betting GDP will turn sharply positive after having
    collapsed by an estimated 34% during the second quarter. But now they
    worry that the forecasts for blockbuster growth may be overly optimistic.

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