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Old 03-08-2019, 04:51 PM
 
Location: Houston, TX
3,909 posts, read 2,122,032 times
Reputation: 1644

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Scary....


https://www.investing.com/news/econo...ercent-1802287
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Old 03-08-2019, 04:53 PM
 
13,900 posts, read 9,771,097 times
Reputation: 6856
You mean the tax cuts for the rich aren’t stimulating growth? That’s a surprise to no one with any sense.
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Old 03-08-2019, 05:02 PM
 
Location: Houston, TX
3,909 posts, read 2,122,032 times
Reputation: 1644
Quote:
Originally Posted by Winter_Sucks View Post
You mean the tax cuts for the rich aren’t stimulating growth? That’s a surprise to no one with any sense.
I feel so BAD for my nieces and nephews. They most likely will be the lost generation and pay for our debt. Obama followed Sunstein's philosophy. This was working, but this called for increased taxes to pay for the national debt. Trump did the opposite. I'm preparing and cutting all non-emergency spending.
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Old 03-08-2019, 05:06 PM
 
34,278 posts, read 19,368,360 times
Reputation: 17261
Hmmm we can cherry pick predictions from the various feds, but its no more valid then cherry picking the highest....which Trump supporters have often done to make claims. I find 0.5 doubtful.
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Old 03-08-2019, 05:11 PM
 
Location: Houston, TX
3,909 posts, read 2,122,032 times
Reputation: 1644
Quote:
Originally Posted by greywar View Post
Hmmm we can cherry pick predictions from the various feds, but its no more valid then cherry picking the highest....which Trump supporters have often done to make claims. I find 0.5 doubtful.
Here we are 3 years later and this keeps on going up. Why? GOP had control of congress and the executive branch for 2 years and still we add debt. A TRUE conservative have let this happen. A SHAME a true libertarian didn't win. Now we add the pain we will saddle our children with.

U.S. National Debt Clock : Real Time
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Old 03-08-2019, 05:12 PM
 
4,582 posts, read 3,408,206 times
Reputation: 2605
So any near term interest rate increases are unjustified?
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Old 03-08-2019, 05:18 PM
 
Location: The Republic of Gilead
12,716 posts, read 7,811,145 times
Reputation: 11338
Quote:
Originally Posted by Mtnluver8956 View Post
I feel so BAD for my nieces and nephews. They most likely will be the lost generation and pay for our debt. Obama followed Sunstein's philosophy. This was working, but this called for increased taxes to pay for the national debt. Trump did the opposite. I'm preparing and cutting all non-emergency spending.
I think its about time to do this. Truly frightening times we are living through.

So far, the economy has been the one thing in our society that hasn't gone completely to hell since 2016. That is looking to change and change very fast.
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Old 03-09-2019, 04:24 PM
 
Location: Houston, TX
3,909 posts, read 2,122,032 times
Reputation: 1644
Quote:
Originally Posted by bawac34618 View Post
I think its about time to do this. Truly frightening times we are living through.

So far, the economy has been the one thing in our society that hasn't gone completely to hell since 2016. That is looking to change and change very fast.
agreed!
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Old 03-09-2019, 04:36 PM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
GDP isn't an accurate view on the economy so I guess it really doesn't matter.
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Old 03-09-2019, 04:42 PM
 
Location: Sonoran Desert
39,078 posts, read 51,231,444 times
Reputation: 28324
.5%????!!! Is that a typo? What happened to 3% Trump promised. The way things are going though, a year from now we might be happy to see even .5%.
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