Results 1 to 12 of 23
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12-04-2019, 08:44 AM #1Regular 1st Stringer
- Join Date
- Jul 2015
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- 160
Trillion-dollar deficits as far as the eye can see
"Obama inherited a massive $1.4 trillion shortfall and in eight years cut it by 60 percent.
The shortfall has doubled under Trump."
https://thehill.com/opinion/campaign...ot-a-voice-of#
So a question for our resident Faux News believers: does Faux still have its daily Deficit Ticker rolling in the background like it did for three successful eight years of the Obama presidency? Or did they take it down when the clown show began?
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12-04-2019, 09:32 AM #2Regular 1st Stringer
- Join Date
- Mar 2018
- Location
- The Netherlands
- Posts
- 536
Re: Trillion-dollar deficits as far as the eye can see
Pretty lame pot shots when both parties are complicit in this.
But that’s always been your way Galen. Still have clients quitting on you?
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Re: Trillion-dollar deficits as far as the eye can see
The Federal Gubberment is a gluttonous pig.
Get rid of like 80% of it and the deficit will fall. We spend so much money on dumb shit every single year. That's not just on the GOP...it's the Dems too and it's damn near every Presidency for the last 50-60 years.Disclaimer: The content posted is of my own opinion.
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12-04-2019, 10:45 AM #5Legendary RSR Poster
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- Mar 2015
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- Pasadena, MD
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- 12,233
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12-04-2019, 12:34 PM #7Regular 1st Stringer
- Join Date
- Jul 2015
- Posts
- 160
Re: Trillion-dollar deficits as far as the eye can see
"Private sector adds just 67,000 jobs in November"
Anytime Obama was below 300,000 jobs added or spent a dollar, conservatives acted like they had been enslaved by the black man.
Of course now it's the "both sides do it"! What a day for t Snowflake Daddy!
Impeachment hearings
Historic deficits
67k new jobs
And European leaders laugh at him and Snowflake Daddy whines about it.
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12-04-2019, 12:49 PM #8On The Practice Squad
- Join Date
- Dec 2007
- Posts
- 53
Re: Trillion-dollar deficits as far as the eye can see
"...official report, which is to be released Friday and is expected to show an increase of 190,000 jobs."
Can always count on G7 to provide half the data...
https://www.usnews.com/news/business...bs-in-november
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12-04-2019, 12:53 PM #9Regular 1st Stringer
- Join Date
- Jul 2015
- Posts
- 160
Re: Trillion-dollar deficits as far as the eye can see
"Private sector adds just 67,000 jobs in November
Private sector job growth slowed last month and added just 67,000 jobs — a big miss from the 150,000 that economists expected, according to the closely-watched report by ADP and Moody’s Analytics.
“The job market is losing its shine ... job openings are declining and if job growth slows any further unemployment will increase,” Mark Zandi, Moody’s chief economist, said in a release.
Why it matters: It stokes fears about the health of the labor that’s shown some signs of slowing, but has mostly held up in the face of recession fears. The ADP report is considered a precursor to the government’s official jobs release, which comes on Friday"
Keep snowflake daddy in your thoughts and prayers! ADP numbers are usually spot on.
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12-04-2019, 01:19 PM #11On The Practice Squad
- Join Date
- Dec 2007
- Posts
- 53
Re: Trillion-dollar deficits as far as the eye can see
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12-04-2019, 01:26 PM #12Veteran Poster
- Join Date
- Aug 2019
- Posts
- 3,074
Re: Trillion-dollar deficits as far as the eye can see
Poor Galen. Still trying to have an adult conversation about finance and economics.
When Obama was in office, the unemployment was close to 10%. He should have been adding 300-400k jobs each month
When unemployment is in the 3-4% range, there aren’t 300-400k looking for a job.
There are more job openings than people looking for jobs.
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