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Old 08-20-2019, 06:00 PM
 
24,662 posts, read 12,886,909 times
Reputation: 7932

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Quote:
Originally Posted by PilgrimsProgress View Post
And just like climate change, no one can predict when it will happen - could be two years, could be six years. Don't get your knickers in a twist. I realize Demwits love misery and drama. They wouldn't know what to do if everything in their lives was great.


People selling gold want a recession.
Name calling -- such a clever argument against concerns about a slowing economy.

The USA has had various financial measures over the years that indicate growing or slowing economies. Somehow today it is the media who created these measures.

It's odd.

The recent release of information about the bonds and the yield curve inversion was just merely reporting the facts...and then the historic context of those facts.

No - -it doesn't mean a recession is guaranteed.

But when you have the President's own administration and the President taking measures to not slow down the economy and to stimulate it (backing down on tariffs, calling for reduced fed rate) at some point Trump's base has to just own that it isn't the media creating the situation...they are reporting on it.
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Old 08-20-2019, 06:51 PM
 
Location: Home, Home on the Front Range
22,939 posts, read 16,561,339 times
Reputation: 12868
Quote:
Originally Posted by Mikala43 View Post
Um.... Trump is calling for a 1% rate drop AND quantitative easing..... that's pretty much saying "recession."
In flashing lights.
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Old 08-21-2019, 04:56 AM
 
11,354 posts, read 11,210,770 times
Reputation: 5648
Quote:
Originally Posted by Goodnight View Post
I don't ever recall taking on this type of debt in a hot economy so yes I blame Trump and the GOP, this is 2019 not 2009.
They didn't. Deficit was going down towards the end of Obama's tenure, until the moron in chief signed in the gop tax cuts which ripped open the deficits to trillion dollars annually
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Old 08-21-2019, 05:52 AM
 
Location: Wouldn't you like to know?
573 posts, read 79,640 times
Reputation: 244
Quote:
Originally Posted by Mikala43 View Post
Um.... Trump is calling for a 1% rate drop AND quantitative easing..... that's pretty much saying "recession."



No, it isnt..YOU are saying that. Its a currency war. Who can devalue faster...the DXY is almost 100 because other countries are devaluing faster than we are.
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Old 08-21-2019, 06:22 AM
 
Location: Texas
35,928 posts, read 19,813,571 times
Reputation: 21507
Talking Desperate Trumplings...

Quote:
Originally Posted by rkcarguy View Post
Media trying to spin a recession for 2020
Spinning up all manner of conspiracies to defend their messiah's "honor."

It's time to apply Occam's Razor, boys.

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Old 08-21-2019, 10:39 AM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,895 posts, read 14,393,935 times
Reputation: 6734
Quote:
Originally Posted by chopchop0 View Post
They didn't. Deficit was going down towards the end of Obama's tenure, until the moron in chief signed in the gop tax cuts which ripped open the deficits to trillion dollars annually
nope they were NOT going down...Obama had trillion dollar deficits for 6 of his 8 years.... including his LAST YEAR

10/01/2009................................ 11,920,519,164,319.42
09/30/2010................................ 13,561,623,030,891.79
difference of 1,641,103,866,572............................1.6 trillion deficit fy10

10/01/2010.................................13,610,847,58 5,810.09
09/30/2011.................................14,790,340,32 8,557.15
1,179,492,742,747...........................1.17tr illion deficit fy11

09/30/2011................................ 14,790,340,328,557.15
09/28/2012................................ 16,066,241,407,385.89
1,275,901,078,828..........................1.27 trillion deficit fy12

10/01/2012.................................16,159,487,01 3,300.35
09/30/2013.................................16,738,183,52 6,697.32
578,696,513,397..............................578 billion deficit fy13......the only one of two full years under one trillion

10/01/2013................................. 16,747,478,675,335.18
09/30/2014................................. 17,824,071,380,733.82
1,076,592,705,398..............................1.0 7 trillion deficit fy14


10/01/2014................................. 17,824,071,380,733.82
09/30/2015................................. 18,150,617,666,484.33
326,546,285,750.51..............................32 6 billion deficit fy15...the second less than trillion



10/01/2015................................. 18,150,617,666,484.33
09/30/2016.................................19,573,444,71 3,936.79
1,422,827,047,452.46.............................. 1.42 trillion deficit fy16
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Old 08-21-2019, 11:52 AM
 
11,354 posts, read 11,210,770 times
Reputation: 5648
Quote:
Originally Posted by workingclasshero View Post
nope they were NOT going down...Obama had trillion dollar deficits for 6 of his 8 years.... including his LAST YEAR

10/01/2009................................ 11,920,519,164,319.42
09/30/2010................................ 13,561,623,030,891.79
difference of 1,641,103,866,572............................1.6 trillion deficit fy10

10/01/2010.................................13,610,847,58 5,810.09
09/30/2011.................................14,790,340,32 8,557.15
1,179,492,742,747...........................1.17tr illion deficit fy11

09/30/2011................................ 14,790,340,328,557.15
09/28/2012................................ 16,066,241,407,385.89
1,275,901,078,828..........................1.27 trillion deficit fy12

10/01/2012.................................16,159,487,01 3,300.35
09/30/2013.................................16,738,183,52 6,697.32
578,696,513,397..............................578 billion deficit fy13......the only one of two full years under one trillion

10/01/2013................................. 16,747,478,675,335.18
09/30/2014................................. 17,824,071,380,733.82
1,076,592,705,398..............................1.0 7 trillion deficit fy14


10/01/2014................................. 17,824,071,380,733.82
09/30/2015................................. 18,150,617,666,484.33
326,546,285,750.51..............................32 6 billion deficit fy15...the second less than trillion



10/01/2015................................. 18,150,617,666,484.33
09/30/2016.................................19,573,444,71 3,936.79
1,422,827,047,452.46.............................. 1.42 trillion deficit fy16
Nope. Btw, trump is hitting trillion dollar deficits this year before we actually enter the recession. I expect you'll give that a free pass though

https://www.factcheck.org/2017/09/obamas-final-numbers/

The deficit hit $1.4 trillion in fiscal year 2009. As weve documented elsewhere, Obama inherited most of that deficit and signed spending measures that contributed as much as $203 billion to FY 2009s red ink.

After that, the yearly deficits declined markedly for several years. In fiscal year 2015, the deficit was $438 billion, a drop of 69 percent from FY 2009.
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Old 08-29-2019, 08:04 AM
 
10,403 posts, read 2,577,677 times
Reputation: 5192
Quote:
Originally Posted by Mikala43 View Post
Um.... Trump is calling for a 1% rate drop AND quantitative easing..... that's pretty much saying "recession."
Be careful, you'll be accused of 'spinning' a recession with that kind of anti-Trump biased reporting of the facts ...
Quote:
Originally Posted by TigerLily24 View Post
In flashing lights.
... you too smarty pants.

~ just sayin' ~
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Old 08-29-2019, 08:59 AM
 
17,533 posts, read 4,635,296 times
Reputation: 12039
It's working! Trump Spread is not 13 points! Highest it's been in any "normal" time.

Winning is fun.
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