"Bread used to cost me $1.89.  Now it costs $2.54."  

And it's why Diaper Donnie's promise to lower the cost of that bread, and that obviously not being about to happen, will be pretty obvious to the American public

Libtard

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For you review. It seems without  Private education and health (#1) and the Government hiring (#2) the jobs growth the last 12 months would have been in trouble. Note manufacturing was down a bit.

https://www.bls.gov/images/jquerytools/t...und_on.png (oops used wrong link, try the one below)

https://www.bls.gov/charts/employment-si...hanges.htm

Also the actual level of earnings Wage grow the minus CPI appears to be negative. When you combine that with the largest portion of these increases going to the top 10% of wage earners everyone else got hammered.

https://cdn.statcdn.com/Infographic/imag...32428.jpeg

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A new broom always sweeps clean.

I know that more massive Republican tax cuts for the wealthy aren't going to help.

This is a chart that shows who holds public debt, not what caused it. Therefore the title is inappropriate. Can you cite the source of provide a link? It appears to have been altered.  Thanks !

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A new broom always sweeps clean.

I know that more massive Republican tax cuts for the wealthy aren't going to help.

This is a chart that shows who holds public debt, not what caused it. Therefore the title is inappropriate. Can you cite the source of provide a link? It appears to have been altered.  Thanks !

Incorrect. 
Debt is issued by the Treasury department when the budget is out of balance. That debt is sometimes purchased by the Federal reserve or by the social security trust fund. Those are also government actors. The debt held by the public is the excess that the other parts of the government were not able to absorb. 
The parts held by the public could include other countries, large hedge funds, mutual funds, and banks, but that chart does not break it down that way. The gray part is an estimate of how much lower the debt would be if the two tax cuts had not passed. It is an estimate, but it's probably more informed than an estimate that you or I could create.

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My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

This is a chart that shows who holds public debt, not what caused it. Therefore the title is inappropriate. Can you cite the source of provide a link? It appears to have been altered.  Thanks !

Incorrect. 
Debt is issued by the Treasury department when the budget is out of balance. That debt is sometimes purchased by the Federal reserve or by the social security trust fund. Those are also government actors. The debt held by the public is the excess that the other parts of the government were not able to absorb. 
The parts held by the public could include other countries, large hedge funds, mutual funds, and banks, but that chart does not break it down that way. The gray part is an estimate of how much lower the debt would be if the two tax cuts had not passed. It is an estimate, but it's probably more informed than an estimate that you or I could create.

The Fed at last count was carrying about 7 trillion on it's balance sheet. That number is stuck in my head from one of Powel's updates when he said they wanted to start lowering the amount held. I wanted to read and see myself. so no link or source to read this article? Otherwise it is just the old discussion whether we are spending too much or not taxing enough. Not a real indicator of anything.

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A new broom always sweeps clean.

This is a chart that shows who holds public debt, not what caused it. Therefore the title is inappropriate. Can you cite the source of provide a link? It appears to have been altered.  Thanks !

Incorrect. 
Debt is issued by the Treasury department when the budget is out of balance. That debt is sometimes purchased by the Federal reserve or by the social security trust fund. Those are also government actors. The debt held by the public is the excess that the other parts of the government were not able to absorb. 
The parts held by the public could include other countries, large hedge funds, mutual funds, and banks, but that chart does not break it down that way. The gray part is an estimate of how much lower the debt would be if the two tax cuts had not passed. It is an estimate, but it's probably more informed than an estimate that you or I could create.

My memory may be faulty but didn’t revenue go up after the tax cuts?  Or was that a few tax cuts back?  Regardless, our deficit has nothing to do with revenue and everything to do with spending.

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Original Season Ticket Holder - Retired  1995 - 2020


At some point you just have to let go of what you thought should happen and live in what is happening.
 

Incorrect. 
Debt is issued by the Treasury department when the budget is out of balance. That debt is sometimes purchased by the Federal reserve or by the social security trust fund. Those are also government actors. The debt held by the public is the excess that the other parts of the government were not able to absorb. 
The parts held by the public could include other countries, large hedge funds, mutual funds, and banks, but that chart does not break it down that way. The gray part is an estimate of how much lower the debt would be if the two tax cuts had not passed. It is an estimate, but it's probably more informed than an estimate that you or I could create.

My memory may be faulty but didn’t revenue go up after the tax cuts?  Or was that a few tax cuts back?  Regardless, our deficit has nothing to do with revenue and everything to do with spending.

Yes it did. Your memory is fine.  That graph is just a distraction

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A new broom always sweeps clean.

Incorrect. 
Debt is issued by the Treasury department when the budget is out of balance. That debt is sometimes purchased by the Federal reserve or by the social security trust fund. Those are also government actors. The debt held by the public is the excess that the other parts of the government were not able to absorb. 
The parts held by the public could include other countries, large hedge funds, mutual funds, and banks, but that chart does not break it down that way. The gray part is an estimate of how much lower the debt would be if the two tax cuts had not passed. It is an estimate, but it's probably more informed than an estimate that you or I could create.

My memory may be faulty but didn’t revenue go up after the tax cuts?  Or was that a few tax cuts back?  Regardless, our deficit has nothing to do with revenue and everything to do with spending.

It is debt as share of GDP. 
Revenue as share of GDP went down after Trump's tax cuts even though revenue in absolute dollars went up. Spending as share of GDP went up as predicted due to the continuing aging of our population. Therefore debt as share of GDP went up significantly after Trump's tax cuts.

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My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

My memory may be faulty but didn’t revenue go up after the tax cuts?  Or was that a few tax cuts back?  Regardless, our deficit has nothing to do with revenue and everything to do with spending.

Yes it did. Your memory is fine.  That graph is just a distraction

Wrong.

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My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

My memory may be faulty but didn’t revenue go up after the tax cuts?  Or was that a few tax cuts back?  Regardless, our deficit has nothing to do with revenue and everything to do with spending.

It is debt as share of GDP. 
Revenue as share of GDP went down after Trump's tax cuts even though revenue in absolute dollars went up. Spending as share of GDP went up as predicted due to the continuing aging of our population. Therefore debt as share of GDP went up significantly after Trump's tax cuts.

Sounds like voodoo economics.  1.  Did the amount of money stol…err collected from the US taxpayers go up or down?  2. Did the amount of money the government spend go up or down?   Sometimes the answers are quite simple.

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Original Season Ticket Holder - Retired  1995 - 2020


At some point you just have to let go of what you thought should happen and live in what is happening.
 

Yes it did. Your memory is fine.  That graph is just a distraction

Wrong.

LOL. You are mistaken. Yes it did they even referenced it on CNBC a couple weeks ago. At the end of the Obama term we were running  1% GNP,we had a sluggish economy. We had one of the highest corporate tax rate in the world st 35%. Our multinational companies were keeping their capital overseas and expanding where the rates were lower.  He cut rates to 21%, capital flowed into the country our GNP averaged 2.6% Voila !  More GNP more taxes.

Now reducing it further? To have an opinion I would need to do some thinking. Neither Obama of Biden have ever been in the business world.

The results were great for the people as well

Obama
GDP growth: 1.0%
Poverty rate: 14.00%
Real disposable income per capita: $42,914

Trump
GDP growth: 2.6% - increased 1.6%
Poverty rate: 11.90% - reduced 2.1%
Real disposable income per capita: $48,286

Biden
GDP growth: 2.6% - same
Poverty rate: 12.80% - increased
Real disposable income per capita: $46,682 - fell

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A new broom always sweeps clean.

Wrong.

LOL. You are mistaken. Yes it did they even referenced it on CNBC a couple weeks ago. At the end of the Obama term we were running  1% GNP,we had a sluggish economy. We had one of the highest corporate tax rate in the world st 35%. Our multinational companies were keeping their capital overseas and expanding where the rates were lower.  He cut rates to 21%, capital flowed into the country our GNP averaged 2.6% Voila !  More GNP more taxes.

Now reducing it further? To have an opinion I would need to do some thinking. Neither Obama of Biden have ever been in the business world.

The results were great for the people as well

Obama
GDP growth: 1.0%
Poverty rate: 14.00%
Real disposable income per capita: $42,914

Trump
GDP growth: 2.6% - increased 1.6%
Poverty rate: 11.90% - reduced 2.1%
Real disposable income per capita: $48,286

Biden
GDP growth: 2.6% - same
Poverty rate: 12.80% - increased
Real disposable income per capita: $46,682 - fell

Those facts don't contradict the facts on the graph. The top marginal rate and government revenue as a percentage of GDP are both percentages, but they are totally different indicators.

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My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

LOL. You are mistaken. Yes it did they even referenced it on CNBC a couple weeks ago. At the end of the Obama term we were running  1% GNP,we had a sluggish economy. We had one of the highest corporate tax rate in the world st 35%. Our multinational companies were keeping their capital overseas and expanding where the rates were lower.  He cut rates to 21%, capital flowed into the country our GNP averaged 2.6% Voila !  More GNP more taxes.

Now reducing it further? To have an opinion I would need to do some thinking. Neither Obama of Biden have ever been in the business world.

The results were great for the people as well

Obama
GDP growth: 1.0%
Poverty rate: 14.00%
Real disposable income per capita: $42,914

Trump
GDP growth: 2.6% - increased 1.6%
Poverty rate: 11.90% - reduced 2.1%
Real disposable income per capita: $48,286

Biden
GDP growth: 2.6% - same
Poverty rate: 12.80% - increased
Real disposable income per capita: $46,682 - fell

Those facts don't contradict the facts on the graph. The top marginal rate and government revenue as a percentage of GDP are both percentages, but they are totally different indicators.

First.
I replied to copycat that his memory was right revenue did go up. You, replied to my post with one word "wrong" which in this case was what you were. revenue did go up.

Second the graph is a distraction from the initial post of this string. The first words were "Not a thing. Everything is going great. Don't mess with it." That is far from the truth. We do have quite a few problems that needs action. Look back at the stats and data I posted.  We have a spending problem not a revenue problem.

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A new broom always sweeps clean.

It is debt as share of GDP. 
Revenue as share of GDP went down after Trump's tax cuts even though revenue in absolute dollars went up. Spending as share of GDP went up as predicted due to the continuing aging of our population. Therefore debt as share of GDP went up significantly after Trump's tax cuts.

Sounds like voodoo economics.  1.  Did the amount of money stol…err collected from the US taxpayers go up or down?  2. Did the amount of money the government spend go up or down?   Sometimes the answers are quite simple.

Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

---

My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

Sounds like voodoo economics.  1.  Did the amount of money stol…err collected from the US taxpayers go up or down?  2. Did the amount of money the government spend go up or down?   Sometimes the answers are quite simple.

Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

I guess you liberals like it when the poverty rate goes up.

Actually I am a fan of Warren Buffet's suggestion.

"Warren Buffett quipped that he could end the deficit by passing "a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election."

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A new broom always sweeps clean.

Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

I guess you liberals like it when the poverty rate goes up.

Actually I am a fan of Warren Buffet's suggestion.

"Warren Buffett quipped that he could end the deficit by passing "a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election."

Wait until he tells you that he's a Republican lolol

That's the best part lolol

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Sounds like voodoo economics.  1.  Did the amount of money stol…err collected from the US taxpayers go up or down?  2. Did the amount of money the government spend go up or down?   Sometimes the answers are quite simple.

Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

How much new spending has been added?  Often with the stroke of a pen, and I am not just talking about the Biden administration.  I am referring to all of them.  It is ridiculous that the US finances the world with money we don’t have.

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Original Season Ticket Holder - Retired  1995 - 2020


At some point you just have to let go of what you thought should happen and live in what is happening.
 

Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

How much new spending has been added?  Often with the stroke of a pen, and I am not just talking about the Biden administration.  I am referring to all of them.  It is ridiculous that the US finances the world with money we don’t have.

We are confining this conversation to Trump's first year vs Trump's second year.  Trump did not introduce any significant new spending in his first year.  It went up automatically, again, due to the age of the population.

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Lol.
The number of dollars collected went up, but not as much as it would have without the tax cut.
The number of dollars spent went up, exactly as much as it was scheduled to, due to the aging population.
It doesn't make sense to blame the President or the Congress who were in charge at the time for the decades long problem of baby boomers getting older. 
But it does make sense to blame (or credit) them for tax changes they freely chose to make.

I guess you liberals like it when the poverty rate goes up.

Actually I am a fan of Warren Buffet's suggestion.

"Warren Buffett quipped that he could end the deficit by passing "a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election."

You're changing the subject to poverty rate now.  We were talking about a graph, the graph showed cumulative debt over GDP on the y axis and year on the x axis.
Didn't have anything to do with poverty rates.
Obviously it's bad when the poverty rate goes up.  But when you change the subject like that, I take it to mean you're conceding my point.  Thanks!

---

My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

How much new spending has been added?  Often with the stroke of a pen, and I am not just talking about the Biden administration.  I am referring to all of them.  It is ridiculous that the US finances the world with money we don’t have.

We are confining this conversation to Trump's first year vs Trump's second year.  Trump did not introduce any significant new spending in his first year.  It went up automatically, again, due to the age of the population.

---

I guess you liberals like it when the poverty rate goes up.

Actually I am a fan of Warren Buffet's suggestion.

"Warren Buffett quipped that he could end the deficit by passing "a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election."

You're changing the subject to poverty rate now.  We were talking about a graph, the graph showed cumulative debt over GDP on the y axis and year on the x axis.
Didn't have anything to do with poverty rates.
Obviously it's bad when the poverty rate goes up.  But when you change the subject like that, I take it to mean you're conceding my point.  Thanks!

No, my point was the graph was a distraction to the initial post of this string which was mainly unsubstantiated BS. .  Nice try there, but no cigar I assume now you agree the post was a distraction ..Thank you very much (in the accent of Latka Gravas on the sitcom taxi)

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A new broom always sweeps clean.

One would think that if you pay a porn star for sex, have extramarital affairs, lie your [BLEEP] off (to just name a few) then try to claim that you are a christian that assertion that you have some sort of morality would fall on deaf ears and couldn’t be undone either.

Which has nothing to do with what your post is about. People didn’t vote for Trump cuz they want to hang out and go to church with him. 

Clearly those thousands of people who showed up at his rallies loathed him. They wanted to hear about quantitative easing.

You can stomp your feet and pitch a fit about it all you want, but it’s not going to change anything.

I’m stomping my feet? News to me.

Make your peace with it or it’s gonna be four really long years for you.

Yeah, that particular comment was about how easy duped the Trump supporters/voters are. Thanks for the confirmation of my thesis.

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