Trump adds $1 TRILLION in DEBT (with pitifully insignificant economic growth)

[captain morgan]

I asked this Q yesterday relative to the differences between Trump's debt expenditures and that of tater tot's.

Answering that question will go a long way towards shedding light on the above

 

[Cannuck]

I asked this Q yesterday relative to the differences between Trump's debt expenditures and that of tater tot's.

Answering that question will go a long way towards shedding light on the above

Nice Dodge.

 

[mentalfloss]

Trump's 'debt expenditures' are actually revenue gaps from tax cuts.

 

[captain morgan]

Nice Dodge.

No answer huh?

I can't say that I'm surprised

 

[Cannuck]

What benefits are Trump's additional trillion in debt going to give Americans

No answer huh?

 

[DaSleeper]

Especially when Trumptards believe they are on the right.

And calling everyone who disagrees wit you a trumptard or trumpite or Nazi is not trolling?

 

[Cannuck]

And calling everyone who disagrees wit you a trumptard or trumpite or Nazi is not trolling?

Calling everybody that disagrees with you a libtard, leftard or troll is not trolling?

Ooh! Almost forgot..



*hug*

 

[petros]

The tax cut is $185B a year over ten years.

The way it sounds in this thread is that it's $1T in 1 year.

I wish I could see 10 years into the future with such confidence.

Why won't it be $1.85T?

 

[taxslave]

The GOP believe the same thing. They just didn't say it like the shiny pony did.

Unless you can tell me how hoses tax cuts are being paid for.

trudOWE raised all kinds of taxes and still managed to create a massive deficit.
Flossy is so busy pushing his clueless leftard agenda he doesn't even know what country he commenting on.

It's a stupid term with a very stupid guy trying to explain it! Something Putz would come up with!




I think Putz has that one nailed but he's probably second or third in line!

Putz was born that way so he is excluded. Flossy is probably quite smart but has the freeloader mentality and likes to troll.

 

[petros]

In 2 years the US becomes oil independent and a net exporter.

That is a game changer of epic proportions.

 

[Cannuck]

The way it sounds in this thread is that it's $1T in 1 year.

That's only because you're not that bright

In 2 years the US becomes oil independent...

Yes. You've already made that claim. Of course, you've also claimed you have to spend money to get a tax credit so you'll have to forgive people if they don't buy into your nonsense

 

[petros]

I was wrong. 500 Million wrong. The cut is $1.35B not $1.85B.

How many beer cans is that Mr Record Breaking Can Counter?

Did you get an award for that?

 

[avro25]

In 2 years the US becomes oil independent and a net exporter.

That is a game changer of epic proportions.

So what?

The value of oil is stagnant. Maybe even over valued.

Are you, like Harper, depending oil to solve the problems?

 

[captain morgan]

So what?

The value of oil is stagnant. Maybe even over valued.

Are you, like Harper, depending oil to solve the problems?

How you enjoying your Tesla?

 

[avro25]

I don't have one.

 

[captain morgan]

Of course you don't

 

[avro25]

So now what?

 

[petros]

So what?

The value of oil is stagnant. Maybe even over valued.

Are you, like Harper, depending oil to solve the problems?

try Google and use keywords "benefits of oil independence".

You'd find articles that read like this:

The holy grail of American leaders over the past four decades, from Richard Nixon to Barack Obama, has been energy independence, and thanks to shale oil and gas, the dream could soon become reality.

How American energy independence could change the world - BBC News


Why would it be a Holy Grail fagro?

 

[avro25]

Fargo?

You lose.

 

[petros]

Fargo is booming and fagro is fuming.

Last year, the United States spent about $300bn (£180bn) on importing oil. This represented almost two-thirds of the country's entire annual trade deficit. Oil imports are, therefore, sucking hundreds of billions of dollars a year out of the US economy.

As the IEA says, a persistent trade deficit can act as a drag on economic growth, manufacturing and employment.

If the US achieved energy independence, not only would the country spend far less on cheaper, domestically generated power, but the money would be going primarily to US-owned energy producers.

The US's oil import bill also constitutes about 2% of the country's annual economic growth. As the US economy averages about 2% growth a year, the country would, in effect, be getting a year's growth for free.

It's not rocket appliance to see double the growth as a game changer.