dow jones

[Wally]

They have passed the 24-25 fiscal spending budget and it signed into law. They own the government spending through August 2025.

Cannot cut a single penny of spending. To do so would be signing off on starving children, killing grandma, and wanting dirty water.

We are doomed.

 

[Up In Smoke]

In every year of Trump's administration once his tax cuts were enacted families saw their take home rise. And they saved on fuel costs too. And Trump didn't just hand out 9 trillion. That was authorized by your Democratic controlled House. You know, the body that you claimed was responsible for all the spending in the last two cycles.

Trump increased the national debt by $7.8 trillion while he was in office. Most of that was pandemic spending. In his first three years he added half of the debt Biden did in his first three years.

You sign it, you own it. Like I've said time and time again, Trump provided us with hundreds of thousands of free cash with no strings.

 

[Up In Smoke]

Cannot cut a single penny of spending. To do so would be signing off on starving children, killing grandma, and wanting dirty water.

We are doomed.

Right, so why not claim the jobs, economy and market as something that turned on GOP policies??

 

[vantexan]

You sign it, you own it. Like I've said time and time again, Trump provided us with hundreds of thousands of free cash with no strings.

Hmm, usually a Democrat when getting freebies is loyal to the party that gives them.

 

[vantexan]

Right, so why not claim the jobs, economy and market as something that turned on GOP policies??

Right? Democratic lies are right?

 

[Up In Smoke]

Right? Democratic lies are right?

Trump tested the theory that the economy and market is so strong because he's leading the nation poles. The GOP should follow suit and double down that the country is energized and current policies are preparing for Trump's return to economic booming.

 

[PT Car Washer]

In every year of Trump's administration once his tax cuts were enacted families saw their take home rise. And they saved on fuel costs too. And Trump didn't just hand out 9 trillion. That was authorized by your Democratic controlled House. You know, the body that you claimed was responsible for all the spending in the last two cycles.

Trump increased the national debt by $7.8 trillion while he was in office. Most of that was pandemic spending. In his first three years he added half of the debt Biden did in his first three years.

trump added almost $8 Trillion to the National debt. All from the candidate that was going to balance the budget. All I need to know.

 

[vantexan]

trump added almost $8 Trillion to the National debt. All from the candidate that was going to balance the budget. All I need to know.

Pandemic spending. Add to your knowledge.

 

[Up In Smoke]

Pandemic spending. Add to your knowledge.

Unnecessary, unregulated and irresponsible spending. Election year panic from both sides, but Trump wanted his name on the checks. When our PPP1, 2, SBA1 and 2 loans were forgiven, we received the forgiveness letter with Trump's name on it 5 weeks before the general election. Biden pulled the same scam with the student loan forgiveness promise. We need better candidates.

 

[DELACROIX]

Unnecessary, unregulated and irresponsible spending. Election year panic from both sides, but Trump wanted his name on the checks. When our PPP1, 2, SBA1 and 2 loans were forgiven, we received the forgiveness letter with Trump's name on it 5 weeks before the general election. Biden pulled the same scam with the student loan forgiveness promise. We need better candidates.

Now it is about who will do a better job (domestically) and (internationally).

 

[Up In Smoke]

In an effort to save the Chinese stock market the CSRC is limiting short selling. Talk about a rigged system.

 

[Up In Smoke]

If the nearly 7T dollars in money markets begins to flow into the markets, watch out. Dow 40K, S&P 5500 and NASDAQ 18K are all in play.

 

[fishtm2001]

Pandemic spending. Add to your knowledge.

The combination of Tubby’s 2017 tax cut and the lack of any serious spending restraint helped both the deficit and the debt soar. So when COVID slammed our country , there was no longer any margin for error.

 

[vantexan]

The combination of Tubby’s 2017 tax cut and the lack of any serious spending restraint helped both the deficit and the debt soar. So when COVID slammed our country , there was no longer any margin for error.

Trump's tax cuts increased government revenue. And in his first three years he spent half of what Biden has in the same time frame. It was covid in Trump's last years that greatly bumped up his spending.

 

[fishtm2001]

Trump's tax cuts increased government revenue. And in his first three years he spent half of what Biden has in the same time frame. It was covid in Trump's last years that greatly bumped up his spending.

The deficit reached nearly 4% of gross domestic product in 2018 and 4.6% in 2019. This is after the CBO had projected it to be 2 to 3%. His tax cuts worked out about as well as his tariffs.

 

[vantexan]

The deficit reached nearly 4% of gross domestic product in 2018 and 4.6% in 2019. This is after the CBO had projected it to be 2 to 3%.

And yet Trump by this point in his presidency spent half of what Biden has. Government spending is up 40% over 2019.

 

[Up In Smoke]

Trump's tax cuts increased government revenue. And in his first three years he spent half of what Biden has in the same time frame. It was covid in Trump's last years that greatly bumped up his spending.

A $1.20 worth of deficit for $.10 worth of revenue. The increase in federal revenue came from capital gains because $.71 of every corporate dollar went to special dividends or stock buybacks. The giveaways should have had incentives to expand, re-tool, re-train or reinvest in order to qualify for the tax breaks. Trump handed Biden a "dirty depends" on his way out and it's taken the Fed nearly 3 years to regain some sort of fiscal control.

 

[vantexan]

A $1.20 worth of deficit for $.10 worth of revenue. The increase in federal revenue came from capital gains because $.71 of every corporate dollar went to special dividends or stock buybacks. The giveaways should have had incentives to expand, re-tool, re-train or reinvest in order to qualify for the tax breaks. Trump handed Biden a "dirty depends" on his way out and it's taken the Fed nearly 3 years to regain some sort of fiscal control.

You have been saying that the House controls the purse strings so the spending in the last year or so is on the Republicans. Then the 2020 Covid spending would have to be on Nancy Pelosi and the Democrats. You can't have it both ways. Doesn't change the fact that through the first three years of Biden's presidency, with Pelosi leading the House the first two, twice as much has been spent over Trump's first three years.

 

[Up In Smoke]

You have been saying that the House controls the purse strings so the spending in the last year or so is on the Republicans. Then the 2020 Covid spending would have to be on Nancy Pelosi and the Democrats. You can't have it both ways. Doesn't change the fact that through the first three years of Biden's presidency, with Pelosi leading the House the first two, twice as much has been spent over Trump's first three years.

Some could say the tax cuts that expire next year have added to the spending/deficit from 2018 to today. The President, whoever they are, receives too much credit and or blame for what occurs while sitting in the big chair. Perception isn't always based on fact.

 

[vantexan]

Some could say the tax cuts that expire next year have added to the spending/deficit from 2018 to today. The President, whoever they are, receives too much credit and or blame for what occurs while sitting in the big chair. Perception isn't always based on fact.

Some might say it but it was demonstrably true that the cuts increased government revenue under Trump. If the stock market is any indication I'm guessing that revenues are still up. Can't help that spending has continued to increase.