Trumpís budget is how the U.S. hands over leadership of 21st century technology to As


Twila
+2
#1  Top Rated Post
Thoughts? fears? ( try to ignore the emotional pleas in the words they used)
____________________________

It is superpower suicide

Donald Trump’s first budget blueprint is a macro-economic scandal. It does nothing to contain the spiralling costs of middle class entitlements and pensions that threaten the United States with slow atrophy, or to tackle America’s productivity crisis.

The brutal document sent to Congress ring-fences Medicare, social security, and the giant programmes that make up US$2.5 trillion of mandatory spending, and it raises defence outlays by US$54 billion, or 10%. These do not in themselves lift the country’s declining trend growth rate.

The Congressional Budget Office estimates that such a course would drive the budget deficit to $1 trillion in short order, and to 5% of GDP on a structural basis by the mid-2020s even if all goes well.

President Trump has forecast growth of 3% or 4%. From what we have seen so far, his plan would leave the U.S. economy mired in stagnation with a long-term speed limit sliding ineluctably from 1.5% to nearer 1%. There may be an immediate sugar rush from cyclical effects, but it would burn out with no lasting improvement.

the rest:
Who are the wealthy Russians investing in Trump luxury buildings? (external - login to view)
 
White_Unifier
#2
Quote: Originally Posted by TwilaView Post

Thoughts? fears? ( try to ignore the emotional pleas in the words they used)
____________________________

It is superpower suicide

Donald Trumpís first budget blueprint is a macro-economic scandal. It does nothing to contain the spiralling costs of middle class entitlements and pensions that threaten the United States with slow atrophy, or to tackle Americaís productivity crisis.

The brutal document sent to Congress ring-fences Medicare, social security, and the giant programmes that make up US$2.5 trillion of mandatory spending, and it raises defence outlays by US$54 billion, or 10%. These do not in themselves lift the countryís declining trend growth rate.

The Congressional Budget Office estimates that such a course would drive the budget deficit to $1 trillion in short order, and to 5% of GDP on a structural basis by the mid-2020s even if all goes well.

President Trump has forecast growth of 3% or 4%. From what we have seen so far, his plan would leave the U.S. economy mired in stagnation with a long-term speed limit sliding ineluctably from 1.5% to nearer 1%. There may be an immediate sugar rush from cyclical effects, but it would burn out with no lasting improvement.

the rest:
Who are the wealthy Russians investing in Trump luxury buildings? (external - login to view)

Borrow-n-spend could create short-term growth if it's big enough. Never mind the long term: Trump can preside for no more than eight years anyway. Go Trump Go!
 
B00Mer
#3


US raises benchmark interest rate by 0.25% (external - login to view)

Man I miss Glenn Beck
 
Corduroy
#4
Good on Trump restoring the world to it's historical economy balance and helping bring China back to political and economic dominance.
 
petros
#5
China is in worse shape.
 
White_Unifier
+1
#6
Quote: Originally Posted by petrosView Post

China is in worse shape.

You're right. If the US goes bankrupt, there goes Chinese investment.
 
B00Mer
#7
Quote: Originally Posted by White_UnifierView Post

You're right. If the US goes bankrupt, there goes Chinese investment.

LOL that reminds me of::


 
Curious Cdn
#8
Quote: Originally Posted by petrosView Post

China is in worse shape.

The Americans may well end up having to impos e sanctions on the Chinese as they inevitably take on North Korea.





Buy gold.





Now.
 
Danbones
#9
silver and bitcoin should out do gold
just ask the chinese
 
Curious Cdn
#10
Quote: Originally Posted by DanbonesView Post

silver and bitcoin should out do gold
just ask the chinese

Yeah. My fourteen year old Uberhacker's latest hobby is mining bitcoin. There's value, for you.
 
Bar Sinister
+1
#11
Quote: Originally Posted by petrosView Post

China is in worse shape.


And that justifies poor US management of its economy because...?

Quote: Originally Posted by TwilaView Post

Thoughts? fears? ( try to ignore the emotional pleas in the words they used)
____________________________

It is superpower suicide

Donald Trumpís first budget blueprint is a macro-economic scandal. It does nothing to contain the spiralling costs of middle class entitlements and pensions that threaten the United States with slow atrophy, or to tackle Americaís productivity crisis.

The brutal document sent to Congress ring-fences Medicare, social security, and the giant programmes that make up US$2.5 trillion of mandatory spending, and it raises defence outlays by US$54 billion, or 10%. These do not in themselves lift the countryís declining trend growth rate.

The Congressional Budget Office estimates that such a course would drive the budget deficit to $1 trillion in short order, and to 5% of GDP on a structural basis by the mid-2020s even if all goes well.

President Trump has forecast growth of 3% or 4%. From what we have seen so far, his plan would leave the U.S. economy mired in stagnation with a long-term speed limit sliding ineluctably from 1.5% to nearer 1%. There may be an immediate sugar rush from cyclical effects, but it would burn out with no lasting improvement.

the rest:
Who are the wealthy Russians investing in Trump luxury buildings? (external - login to view)


What middle class entitlements? Or did you mean entitlements for the top 10%?

Quote: Originally Posted by White_UnifierView Post

You're right. If the US goes bankrupt, there goes Chinese investment.

What Chinese investment? The largest investor in the US is the UK. Number two is Japan. Number three the Netherlands.

Canada actually has more investment in the US than China.

https://howmuch.net/articles/foreign-investment-usa (external - login to view)
 
Curious Cdn
+1
#12
Quote: Originally Posted by Bar SinisterView Post


Canada actually has more investment in the US than China.


Scary, innit? So many of our eggs in a crazy person's basket ...
 
Angstrom
#13
This thread is like a circle jerk of idiots. Very entertainig to watch.

Keep up the good work retards.

Every economist and stock market person is anticipating higher then usual growth. Because they have no clue about their own jobs
 
Curious Cdn
#14
Quote: Originally Posted by AngstromView Post

This thread is like a circle jerk of idiots. Very entertainig to watch.

Keep up the good work retards.

Every economist and stock market person is anticipating higher then usual growth. Because they have no clue about their own jobs

Scary, innit? So many of our eggs in a crazy person's basket while the Hitler Youth living among us enable the madman on his self-destructive journey ...
 

Similar Threads

6
Joke for the 21st Century
by Tecumsehsbones | Nov 6th, 2016
8
Parenting in the 21st Century
by tay | May 17th, 2014
0
U.S. Navy's testament to 21st century technology
by theconqueror | Apr 1st, 2010
1
ďThe 21st century NazisĒ
by moghrabi | Nov 25th, 2005
no new posts