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Old 03-11-2020, 09:21 PM
 
Location: City Data Land
17,155 posts, read 12,962,522 times
Reputation: 33185

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Guess Trump got tired of winning, since he's had a total of 0 wins in three years. That's what we get for hiring a guy who declared bankruptcy 6 times to run the richest country in the world. We're in a bear market now. Congratulations, Republicans! Enjoy your "winning" Trump economy.
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Old 03-11-2020, 09:26 PM
 
12,772 posts, read 7,977,382 times
Reputation: 4332
Quote:
Originally Posted by Scooby Snacks View Post
Guess Trump got tired of winning, since he's had a total of 0 wins in three years. That's what we get for hiring a guy who declared bankruptcy 6 times to run the richest country in the world. We're in a bear market now. Congratulations, Republicans! Enjoy your "winning" Trump economy.
American ignorance really is our biggest embarrassment, and it doesn't just come from the Oval Office.

https://www.usatoday.com/story/money...orld/39630693/

US is the 12th richest country in the world.
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Old 03-12-2020, 06:46 AM
 
Location: East Lansing, MI
28,353 posts, read 16,381,866 times
Reputation: 10467
Quote:
Originally Posted by t206 View Post
American ignorance really is our biggest embarrassment, and it doesn't just come from the Oval Office.

https://www.usatoday.com/story/money...orld/39630693/

US is the 12th richest country in the world.
Meh, per capita is not the be all, end all metric. Even still, according to that article we're 2nd with a GDP of $17+T, not 1st.
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Old 03-12-2020, 07:02 AM
 
Location: Starting a walkabout
2,691 posts, read 1,667,531 times
Reputation: 3135
Quote:
Originally Posted by hooligan View Post
Meh, per capita is not the be all, end all metric. Even still, according to that article we're 2nd with a GDP of $17+T, not 1st.

That is wrong. Go to a reliable source. US is still 7T more than China in 2018. China was expected to close the gap in 2020 but with the COVID-19 affecting them more than us, it might actually widen.

Some sites use EU as a country but it is not and hence one cannot compare EU to USA. But even if we did EU is still a trillion or two behind US.


https://www.investopedia.com/insight...top-economies/
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Old 03-12-2020, 07:25 AM
 
16,212 posts, read 10,823,172 times
Reputation: 8442
Considering the tax deal last year made my husband's employer take less taxes out of his check, which makes us now responsible for paying the IRS a hefty amount of taxes for 2019, I don't like this move. IMO he needs to do like GW Bush and other countries if he wants to give us some money and issue out "stimulus" checks that won't F up people's withholding making them have to pay a large sum of money next year to the government.
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Old 03-12-2020, 07:27 AM
 
Location: East Lansing, MI
28,353 posts, read 16,381,866 times
Reputation: 10467
Quote:
Originally Posted by kamban View Post
That is wrong. Go to a reliable source. US is still 7T more than China in 2018. China was expected to close the gap in 2020 but with the COVID-19 affecting them more than us, it might actually widen.

Some sites use EU as a country but it is not and hence one cannot compare EU to USA. But even if we did EU is still a trillion or two behind US.


https://www.investopedia.com/insight...top-economies/
I'm not the one you want to argue with - we agree.
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Old 03-12-2020, 07:57 AM
 
5,051 posts, read 3,580,440 times
Reputation: 6512
Quote:
Originally Posted by RowingFiend View Post
He's right to downplay it. The left-wing lunatics in the media and elsewhere are doing everything they can to cause a panic that will result in economic and health damage to the United States.

This is all being done in concert to damage Trump. You're playing right along I see.

Not everything is about Trump. However in this case, as in most others, he is doing the damage to himself with his ill-informed statements.


As for the Virus - I suppose if you think hundreds/maybe thousands of preventable deaths are not an issue then maybe it's not that big a deal, (200 + people died yesterday in Italy). We don't really know because tests are not readily available in many of the most populous areas in the US.
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Old 03-12-2020, 08:09 AM
 
Location: Phoenix, AZ
20,390 posts, read 14,661,936 times
Reputation: 39472
Quote:
Originally Posted by residinghere2007 View Post
Considering the tax deal last year made my husband's employer take less taxes out of his check, which makes us now responsible for paying the IRS a hefty amount of taxes for 2019, I don't like this move. IMO he needs to do like GW Bush and other countries if he wants to give us some money and issue out "stimulus" checks that won't F up people's withholding making them have to pay a large sum of money next year to the government.
I'm pretty sure that what was suggested will not affect INCOME tax. The withholdings that were going to be stopped, were Medicare and Social Security, according to the news I read. You don't pay those on your tax return in the Spring. They have nothing, really, to do with that.

All the same, the "tax cut" that he put out before, was in my opinion, pretty deceptive. Lowered withholdings for most, but did not cut tax liability for most. Increased it for many. Cut it most for the richest people and corporations. Anyways my actual tax liability was not reduced, it went up.
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Old 03-12-2020, 08:10 AM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
Quote:
Massive stock rally as President Trump proposes 0% payroll tax for the rest of the year
How about we don't have these kinds of "rallies" again.....
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Old 03-12-2020, 08:12 AM
 
Location: deafened by howls of 'racism!!!'
52,698 posts, read 34,555,075 times
Reputation: 29287
Quote:
Originally Posted by chopchop0 View Post
maga.... Trump killed the bull market
oh? explain how he did that.
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