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

petros

The Central Scrutinizer
Nov 21, 2008
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Are you skeet surfing?

Record US oil production for 2018.

(Must be because of all those electric cars)

In EIA’s latest Short-Term Energy Outlook (STEO), total U.S. crude oil production is forecast to average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016. In 2018, EIA expects crude oil production to reach an average of 9.9 million b/d, which would surpass the previous record of 9.6 million b/d set in 1970. EIA forecasts that most of the growth in U.S. crude oil production through the end of 2018 will come from tight rock formations within the Permian region in Texas and from the Federal Gulf of Mexico.

Can't make money doing that. Terrible for the economy.

Narrowing the trade gap is bad.
 

petros

The Central Scrutinizer
Nov 21, 2008
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It's all been posted. Read!

5 f-cking days ago you were told to read but didn't.

Why not?

303Re: Trump adds $1 TRILLION in DEBT (with pitifully insignificant economic growth)5 days ago
Quote: Originally Posted by avro25View Post
Dodge.

Poor Dr. Scientist.

Did you not read what the result of 2/3 of trade deficit gone does to growth posted above?

Poor Dr. Remeron can't read?
 

petros

The Central Scrutinizer
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Probably not. It averages 2% but is rising.

Do you want to know how and when it will hit 4%?

Is that what you missed 5 days ago when it was posted?

Why did you miss it Brian? We're you too busy trolling?
 

petros

The Central Scrutinizer
Nov 21, 2008
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Here read:

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.
 

Danbones

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Sep 23, 2015
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They (the washinmachington spin cycle) spent 50 million defeating lil Roy Moore!
:)
that bought things like avro

I guess they haven't got the money to run against trump again
;)
unless another hillary buys the democrats
(but look at the free stooges you will get!!!)
 

Cannuck

Time Out
Feb 2, 2006
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What's a Trumpite?

-ite | Define -ite at Dictionary.com

"..a suffix of nouns denoting especially persons associated with a place, tribe, leader, doctrine, system, etc. (Campbellite; Israelite; laborite);

Much like...

https://en.m.wikipedia.org/wiki/Cooneyites

Why do you think he offers hugs?

So many need them. It's such a salty place.

Because he is a pathetic lunatic? Who else would post a picture of himself in a fag outfit?

*Hug*

Such salt

Read this thread and you'll find your answers ...

Hehehe...says the guy that can't even grasp the firefighter tax credit.