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NDSU Gets Chick-fil-A & McDonalds at the White House

tourist said:
argh! said:
tourist said:
argh! said:
ha, there isn't much 'left wing' about china. trump would be in heaven there.

argh! said:
"...i didn't anticipate uncle xi was going to start marching time backwards towards the politics of mao, albeit with the heavy use of modern technology. i was a little slow on the uptake, first laughing off stuff like the public restroom facial recognition toilet paper dispensers as just a bad idea by some crony bureaucrat. that is morphing into stuff like cameras everywhere, 'social credit', etc... any more i just plan to visit, see my friends, and not talk politics."

Contradicting yourself, argh!

you are confusing a dictatorship with 'left wing'. it is much closer to 'right wing'.
quote"

"...uncle xi was going to start marching time backwards towards the politics of mao…"
YOUR WORDS! You calling Mao a right winger? You leftwing nuts will stop at nothing. No lie is to big or too small. Repeat the lie often enough and the stupid 'masses' will believe it.

mao started as a lefty commie, then became the monster dicatator that he was. and no, i don't think dictators can really be compared to the left or the right, except maybe on the very far fringes of those.
 
PlayerRep said:
Fat Bruno said:
How is it possible to live in this world and not know the figures on the deficit????? All you have to do is look at the charts and read a little econ history. Annual deficits went down steadily under Clinton until, in his last year, he actually RAN A SURPLUS !!!! The first. Then, the annual figure ... which is the only way you can tell what's happening ... began to rise again under Bush until they were astronomical for the time. Obama inherited this mess and, of course, it continued to rise until his policies kicked in, then began to go back down again and continued to do so. Trump gets in and the rise is on again. Of course, for peabrains who don't understand addition, you must point out that the overall national debt is going to go up every year unless we are actually running a surplus. It's what a president inherits and what the trajectory of the debt is that alone tells the story. It is always downward under the Dems after they fix the messes they inherit and always SKYROCKETING upward under GOOPs. And, please, DON"t pretend to interpret Krugman for us.

How is it possible that you don't know that the deficit under Obama was over $1 Trillion for 4 of his 8 years? Trump's first 2 years didn't approach that amount. $621 billion in 2018 according to CNBC. Bush's deficit was under $2 Trillion total in 8 years.

You are a financial and economic idiot. You can't even Google to an answer that is credible.

You are truly one shallow pinhead. O's deficits were high because he inherited the SKYROCKETING deficits from Bush as well as Bush's economic recession. Of course, they were going to keep going up until his own policies kicked in, simpleton, and then they began their downward trend. Then Trump inherited O's solid economy and decreasing deficits and, now, of course, his deficits are slated to hit record nos. in record time. This is what happens EVERY time. Clinton actually ran a surplus in his last year and Bush blew up the debt. Now, we have the same trend all over again. Ray Gun did the same with the deficit... like I said, EVERY time. How did a naif like you ever get through law school? Some kind of favoritism?
 
PlayerRep said:
Fat Bruno said:
Let’s let FOX News economist Lou Dobbs finish the debate for us … you know, FOX’s Dobbs, Trump’s biggest booster … so, when he says it’s this bad, you know it’s :

Fox News’ Lou Dobbs: ‘The White House Has Simply Lost Its Way’

By Kate Riga
March 7, 2019 7:38 am
Fox News host Lou Dobbs, a reliable Trump ally, said Wednesday night that the White House “has simply lost its way.”

“Today, on the same day the Commerce Department reported the United States had the largest trade deficit in our history, the same day the President of the New York fed said straightforwardly that economic growth is slowing, that the certain border is being overrun by record numbers of illegal immigrants, it all means the White House has simply lost its way and that the nation’s heart will be, after all, broken by the very same people who brought 50 years of consecutive trade deficit and the export of millions of middle class jobs and who have fed the swamp for decades,” Dobbs said.

Lost it's way!!! My gooniss, that's very strong.

Again, most trade deficits are not really a big deal. See below. The strong US economy, and strong US dollar, are causing the trade deficit. I'm fine with that. Would you prefer a weak economy and a weak dollar? Again, you are just plain stupid on economics. You can't even Google to a credible answer.

“The fact that the U.S. economy is doing very well is the main reason the trade gap has risen,” said Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund.

“Policies that play around at the margins with tariffs are always going to get swamped by macroeconomic factors,” Mr. Rogoff said.

I am using the standards of your hero, Trump, who made a yuuuge deal of the trade deficits and his entire aim in the marvelous deal making he was doing was that he was going to greatly reduce them. Do you just "forget" anything that is inconvenient for you? A fitting gambit since your weak and failing mind so perfectly lends itself to that strategy. Of course, the blundering idiot did just the opposite and in the bargain made a fool of himself and made the US once again appear to be an unreliable and down right flaky partner in everything it does. If you don't think this will have a profound effect on our economy and general standing in the world, then you are ... well, we've established what that is.
 
PlayerRep said:
Fat Bruno said:
Let’s let FOX News economist Lou Dobbs finish the debate for us … you know, FOX’s Dobbs, Trump’s biggest booster … so, when he says it’s this bad, you know it’s :

Fox News’ Lou Dobbs: ‘The White House Has Simply Lost Its Way’

By Kate Riga
March 7, 2019 7:38 am
Fox News host Lou Dobbs, a reliable Trump ally, said Wednesday night that the White House “has simply lost its way.”

“Today, on the same day the Commerce Department reported the United States had the largest trade deficit in our history, the same day the President of the New York fed said straightforwardly that economic growth is slowing, that the certain border is being overrun by record numbers of illegal immigrants, it all means the White House has simply lost its way and that the nation’s heart will be, after all, broken by the very same people who brought 50 years of consecutive trade deficit and the export of millions of middle class jobs and who have fed the swamp for decades,” Dobbs said.

Lost it's way!!! My gooniss, that's very strong.

Again, most trade deficits are not really a big deal. See below. The strong US economy, and strong US dollar, are causing the trade deficit. I'm fine with that. Would you prefer a weak economy and a weak dollar? Again, you are just plain stupid on economics. You can't even Google to a credible answer.

“The fact that the U.S. economy is doing very well is the main reason the trade gap has risen,” said Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund.

“Policies that play around at the margins with tariffs are always going to get swamped by macroeconomic factors,” Mr. Rogoff said.

Hahaha ... do you have cherries at "the lake place?" You're excellent at picking them. Trump's leading ass kisser in the econ world, Lou Dobbs, says ... well, you saw what he said, above ... reread that.
 
PlayerRep said:
Fats, here's a quote from your hero Krugman's most recent column about budget and trade deficits:

"What’s the significance of this tide of red ink?

Let’s be clear: Neither the budget deficit nor the trade deficit poses a clear and present danger to the U.S. economy. Advanced countries that borrow in their own currencies can and often do run up large debts without drastic consequences"

A much -- and conveniently -- truncated segment of his views on this. Like other significant economists -- like the Georgetown guy, above -- he has pointed out that running deficits during a downturn is ok since they are used to stimulate growth, but that deficits should be greatly reduced during an upturn or steady economy in order to build up reserves and to avoid incurring truly problematic nos. if there is a downturn. Read a little past the phrases you think help your ridiculous, and amazingly narrow and ignorant positions. I've read everything he's written for years along with the other serious economists. Since you seem to spend your life here, perhaps it's because you've been -- understandably -- turned out to pasture down at The Firm and can now find time to catch up on your reading.
 
As long as we're standing here by the old cherry tree, let's take a look at some of its other fruit:

Tariff Man Has Become Deficit Man
Trump really has no idea how international trade works.

Paul Krugman

Republicans hate deficits. Or at least that’s what they claim.

Republicans in Congress spent the entire Obama administration inveighing against budget deficits, warning incessantly that we were going to have a Greek-style fiscal crisis any day now. Donald Trump, on the other hand, focused his ire mainly on trade deficits, insisting that “our jobs and wealth are being given to other countries that have taken advantage of us.”

But over two years of unified G.O.P. control of government, a funny thing happened: Both deficits surged. The budget deficit has hit a level unprecedented except during wars and in the immediate aftermath of major economic crises; the trade deficit in goods has set a record.

Yet Trump’s twin deficits tell us a lot about both the tweeter in chief and his party — namely, that they’re both dishonest and ignorant.

About the dishonesty: Is there anyone left who believes that Republicans ever really cared about debt and deficits? The truth is that the phoniness of their fiscal posturing should have been obvious all along.
Oh, and the tax cut has utterly failed to deliver the promised investment boom. Companies didn’t use their giant windfall to build new plants and raise productivity, they used it to buy back a lot of stock, passing the gains on to wealthy investors.And the supposed cause of the deficit isn’t the only thing Trump gets wrong about trade policy. He also keeps insisting that foreigners are paying his tariffs. In reality, prices received by foreign exporters haven’t gone down. Prices paid by U.S. consumers have gone up, instead.
... the main damage (of Trump’s tariff war) is to U.S. credibility.

But Trump’s twin deficits show that his party has been lying about its policy priorities, and that he is completely clueless about his signature policy issue. Luckily, a great nation like America can survive a lot, including dishonesty and ignorance at the top.

This is the great leader whose brilliant economic leadership you love to tout ... and Krugman's points on the utter hypocrisy and ignorance of you clowns is perfection.
 
US economy creates paltry 20,000 jobs in February

HelU.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.
 
Fat Bruno said:
PlayerRep said:
Fat Bruno said:
How is it possible to live in this world and not know the figures on the deficit????? All you have to do is look at the charts and read a little econ history. Annual deficits went down steadily under Clinton until, in his last year, he actually RAN A SURPLUS !!!! The first. Then, the annual figure ... which is the only way you can tell what's happening ... began to rise again under Bush until they were astronomical for the time. Obama inherited this mess and, of course, it continued to rise until his policies kicked in, then began to go back down again and continued to do so. Trump gets in and the rise is on again. Of course, for peabrains who don't understand addition, you must point out that the overall national debt is going to go up every year unless we are actually running a surplus. It's what a president inherits and what the trajectory of the debt is that alone tells the story. It is always downward under the Dems after they fix the messes they inherit and always SKYROCKETING upward under GOOPs. And, please, DON"t pretend to interpret Krugman for us.

How is it possible that you don't know that the deficit under Obama was over $1 Trillion for 4 of his 8 years? Trump's first 2 years didn't approach that amount. $621 billion in 2018 according to CNBC. Bush's deficit was under $2 Trillion total in 8 years.

You are a financial and economic idiot. You can't even Google to an answer that is credible.

You are truly one shallow pinhead. O's deficits were high because he inherited the SKYROCKETING deficits from Bush as well as Bush's economic recession. Of course, they were going to keep going up until his own policies kicked in, simpleton, and then they began their downward trend. Then Trump inherited O's solid economy and decreasing deficits and, now, of course, his deficits are slated to hit record nos. in record time. This is what happens EVERY time. Clinton actually ran a surplus in his last year and Bush blew up the debt. Now, we have the same trend all over again. Ray Gun did the same with the deficit... like I said, EVERY time. How did a naif like you ever get through law school? Some kind of favoritism?

I didn't blame anyone for deficits; I just said that it's not true that Trump has had record deficits.

Feel free to quote anything on budget deficits that I said that was not correct.

You continue to try to Google for answers, and then post dumb stuff. You are a picture boy for dem-liberals who don't understand economics. You are a huge joke.
 
Fat Bruno said:
PlayerRep said:
Fat Bruno said:
Let’s let FOX News economist Lou Dobbs finish the debate for us … you know, FOX’s Dobbs, Trump’s biggest booster … so, when he says it’s this bad, you know it’s :

Fox News’ Lou Dobbs: ‘The White House Has Simply Lost Its Way’

By Kate Riga
March 7, 2019 7:38 am
Fox News host Lou Dobbs, a reliable Trump ally, said Wednesday night that the White House “has simply lost its way.”

“Today, on the same day the Commerce Department reported the United States had the largest trade deficit in our history, the same day the President of the New York fed said straightforwardly that economic growth is slowing, that the certain border is being overrun by record numbers of illegal immigrants, it all means the White House has simply lost its way and that the nation’s heart will be, after all, broken by the very same people who brought 50 years of consecutive trade deficit and the export of millions of middle class jobs and who have fed the swamp for decades,” Dobbs said.

Lost it's way!!! My gooniss, that's very strong.

Again, most trade deficits are not really a big deal. See below. The strong US economy, and strong US dollar, are causing the trade deficit. I'm fine with that. Would you prefer a weak economy and a weak dollar? Again, you are just plain stupid on economics. You can't even Google to a credible answer.

“The fact that the U.S. economy is doing very well is the main reason the trade gap has risen,” said Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund.

“Policies that play around at the margins with tariffs are always going to get swamped by macroeconomic factors,” Mr. Rogoff said.

I am using the standards of your hero, Trump, who made a yuuuge deal of the trade deficits and his entire aim in the marvelous deal making he was doing was that he was going to greatly reduce them. Do you just "forget" anything that is inconvenient for you? A fitting gambit since your weak and failing mind so perfectly lends itself to that strategy. Of course, the blundering idiot did just the opposite and in the bargain made a fool of himself and made the US once again appear to be an unreliable and down right flaky partner in everything it does. If you don't think this will have a profound effect on our economy and general standing in the world, then you are ... well, we've established what that is.

Again, I hate Trump. Pay attention.
 
Fat Bruno said:
PlayerRep said:
Fat Bruno said:
Let’s let FOX News economist Lou Dobbs finish the debate for us … you know, FOX’s Dobbs, Trump’s biggest booster … so, when he says it’s this bad, you know it’s :

Fox News’ Lou Dobbs: ‘The White House Has Simply Lost Its Way’

By Kate Riga
March 7, 2019 7:38 am
Fox News host Lou Dobbs, a reliable Trump ally, said Wednesday night that the White House “has simply lost its way.”

“Today, on the same day the Commerce Department reported the United States had the largest trade deficit in our history, the same day the President of the New York fed said straightforwardly that economic growth is slowing, that the certain border is being overrun by record numbers of illegal immigrants, it all means the White House has simply lost its way and that the nation’s heart will be, after all, broken by the very same people who brought 50 years of consecutive trade deficit and the export of millions of middle class jobs and who have fed the swamp for decades,” Dobbs said.

Lost it's way!!! My gooniss, that's very strong.

Again, most trade deficits are not really a big deal. See below. The strong US economy, and strong US dollar, are causing the trade deficit. I'm fine with that. Would you prefer a weak economy and a weak dollar? Again, you are just plain stupid on economics. You can't even Google to a credible answer.

“The fact that the U.S. economy is doing very well is the main reason the trade gap has risen,” said Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund.

“Policies that play around at the margins with tariffs are always going to get swamped by macroeconomic factors,” Mr. Rogoff said.

Hahaha ... do you have cherries at "the lake place?" You're excellent at picking them. Trump's leading ass kisser in the econ world, Lou Dobbs, says ... well, you saw what he said, above ... reread that.

I don't follow Dobbs, and didn't understand what you quoted. Can you explain it?
 
Fat Bruno said:
PlayerRep said:
Fats, here's a quote from your hero Krugman's most recent column about budget and trade deficits:

"What’s the significance of this tide of red ink?

Let’s be clear: Neither the budget deficit nor the trade deficit poses a clear and present danger to the U.S. economy. Advanced countries that borrow in their own currencies can and often do run up large debts without drastic consequences"

A much -- and conveniently -- truncated segment of his views on this. Like other significant economists -- like the Georgetown guy, above -- he has pointed out that running deficits during a downturn is ok since they are used to stimulate growth, but that deficits should be greatly reduced during an upturn or steady economy in order to build up reserves and to avoid incurring truly problematic nos. if there is a downturn. Read a little past the phrases you think help your ridiculous, and amazingly narrow and ignorant positions. I've read everything he's written for years along with the other serious economists. Since you seem to spend your life here, perhaps it's because you've been -- understandably -- turned out to pasture down at The Firm and can now find time to catch up on your reading.

Please put your post in understandable English. You continue to show that you are an economic idiot.
 
Fat Bruno said:
As long as we're standing here by the old cherry tree, let's take a look at some of its other fruit:

Tariff Man Has Become Deficit Man
Trump really has no idea how international trade works.

Paul Krugman

Republicans hate deficits. Or at least that’s what they claim.

Republicans in Congress spent the entire Obama administration inveighing against budget deficits, warning incessantly that we were going to have a Greek-style fiscal crisis any day now. Donald Trump, on the other hand, focused his ire mainly on trade deficits, insisting that “our jobs and wealth are being given to other countries that have taken advantage of us.”

But over two years of unified G.O.P. control of government, a funny thing happened: Both deficits surged. The budget deficit has hit a level unprecedented except during wars and in the immediate aftermath of major economic crises; the trade deficit in goods has set a record.

Yet Trump’s twin deficits tell us a lot about both the tweeter in chief and his party — namely, that they’re both dishonest and ignorant.

About the dishonesty: Is there anyone left who believes that Republicans ever really cared about debt and deficits? The truth is that the phoniness of their fiscal posturing should have been obvious all along.
Oh, and the tax cut has utterly failed to deliver the promised investment boom. Companies didn’t use their giant windfall to build new plants and raise productivity, they used it to buy back a lot of stock, passing the gains on to wealthy investors.And the supposed cause of the deficit isn’t the only thing Trump gets wrong about trade policy. He also keeps insisting that foreigners are paying his tariffs. In reality, prices received by foreign exporters haven’t gone down. Prices paid by U.S. consumers have gone up, instead.
... the main damage (of Trump’s tariff war) is to U.S. credibility.

But Trump’s twin deficits show that his party has been lying about its policy priorities, and that he is completely clueless about his signature policy issue. Luckily, a great nation like America can survive a lot, including dishonesty and ignorance at the top.

This is the great leader whose brilliant economic leadership you love to tout ... and Krugman's points on the utter hypocrisy and ignorance of you clowns is perfection.

The tax cut is a large part of what is driving the booming US economy and the strong job growth. Krugman was once an economist, but now is mainly a political hack.
 
Fat Bruno said:
US economy creates paltry 20,000 jobs in February

HelU.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.

Yup, but wage growth continues to climb. 10 year high.

"Hourly pay earned by the typical employee rose sharply in February, pushing the increase in wages over the past year to a 10-year high of 3.4%. The last time wages grew that fast was in early 2009."

https://www.marketwatch.com/story/at-a-10-year-high-wage-growth-for-american-workers-likely-to-keep-accelerating-2019-03-08
 
PlayerRep said:
argh! said:
PlayerRep said:
argh! said:
it was education- related, aimed at getting away from the traditional chinese 'memorize and copy' methods, but not too far away, because parents unfortunately expect some of that for their kids. i think it would be a pretty decent money maker, given a somewhat fair playing field, but that's not how things work there. unfortunately part of my role would have been to be the white monkey with a fancy sounding resume, which was a bit odious. ask your colleagues in beijing what a white monkey job is in china, if you don't know already. also, i didn't anticipate uncle xi was going to start marching time backwards towards the politics of mao, albeit with the heavy use of modern technology. i was a little slow on the uptake, first laughing off stuff like the public restroom facial recognition toilet paper dispensers as just a bad idea by some crony bureaucrat. that is morphing into stuff like cameras everywhere, 'social credit', etc... any more i just plan to visit, see my friends, and not talk politics.

and in a related note, your kraft comment struck me as a defense of him. i've got nothing against consensual adults trading sex for money, but those places are blatantly not that, so i have a hard time believing he didn't figure out those women weren't there voluntarily. so, when there is a defense of him without even an attempt at an asterix, i respond.

Interesting. I will have to check on the white monkey job.

What Kraft did is embarrassing for him, but not a big deal for me. Many of the people who went to the place were just getting a massage. Those people now have tapes of them getting undressed and dressed and getting a massage. Doesn't seem right to me.

The whole surveillance think stinks to me. I can't imagine it is legal, but don't know. Is the US getting more like China in that regard?

One guy identified and named publicly was misidentified. He's already brought a lawsuit. I hope the county and authorities get hammered.

"The prostitution case against Patriots owner Robert Kraft linked to a Florida sex-trafficking ring could be a long shot for prosecutors — partly because the women he was caught on video with are the 45-year-old spa manager and a 58-year-old licensed masseuse, according to legal experts.

But it appears Kraft was caught on camera getting services from two women who are not victims of human trafficking: the 45-year-old manager of the spa, Lei Wang, and 58-year-old spa employee Shen Mingbi, also believed to be an operator of the business — both licensed masseuses and Florida residents." http://www.rightmindsforum.com/cgi-bin/anyboard.cgi/rightminds?cmd=get&cG=330333033313&zu=333033303331&v=2&gV=0&p=

That's not my idea of trafficking. Older Florida residents and licensed in Florida.

I don't blame Kraft or anyone for trafficking. They weren't involved. They didn't know. I can't imagine Kraft spend time figuring out how trafficking works. I sure don't. A Florida county sheriff was quoted as saying the women could have left anytime, by the way.

I don't blame people who smoke marijuana for causing the drug trade and smuggling either.

quote from a trafficking expert on 'licensed massage therapists' and such at that very place:

“Having a school associated with several locations that are engaged in illicit massage business — It’s one more way of appearing legitimate,” Myles said, commenting generally rather than specifically on Tokyo Day Spas. He said the owners of such chains often use schools to recruit and groom women to work in their parlors, even giving them the answers to the licensing exams ahead of time if they are good candidates for sex work.

Interesting. Never knew that. Makes sense, I suppose. Assume Kraft never knew that. Can't imagine that Florida residents are 45 and 58 are being trafficked. Just trying to making a living, I would think.

note that is says the women ranged in age from late 20's to early 60's.

https://www.seattletimes.com/seattle-news/crime/a-crazy-amount-of-money-seattle-police-raid-prostitution-network-in-massage-parlors/?fbclid=IwAR01qlZZyOOSPjszFcV89M80YXNfLF_SfYAp-Lr8KyF8Clu28XkJzusRr58
 
PlayerRep said:
Fat Bruno said:
PlayerRep said:
Fat Bruno said:
Let’s let FOX News economist Lou Dobbs finish the debate for us … you know, FOX’s Dobbs, Trump’s biggest booster … so, when he says it’s this bad, you know it’s :

Fox News’ Lou Dobbs: ‘The White House Has Simply Lost Its Way’

By Kate Riga
March 7, 2019 7:38 am
Fox News host Lou Dobbs, a reliable Trump ally, said Wednesday night that the White House “has simply lost its way.”

“Today, on the same day the Commerce Department reported the United States had the largest trade deficit in our history, the same day the President of the New York fed said straightforwardly that economic growth is slowing, that the certain border is being overrun by record numbers of illegal immigrants, it all means the White House has simply lost its way and that the nation’s heart will be, after all, broken by the very same people who brought 50 years of consecutive trade deficit and the export of millions of middle class jobs and who have fed the swamp for decades,” Dobbs said.

Lost it's way!!! My gooniss, that's very strong.

Again, most trade deficits are not really a big deal. See below. The strong US economy, and strong US dollar, are causing the trade deficit. I'm fine with that. Would you prefer a weak economy and a weak dollar? Again, you are just plain stupid on economics. You can't even Google to a credible answer.

“The fact that the U.S. economy is doing very well is the main reason the trade gap has risen,” said Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund.

“Policies that play around at the margins with tariffs are always going to get swamped by macroeconomic factors,” Mr. Rogoff said.

Hahaha ... do you have cherries at "the lake place?" You're excellent at picking them. Trump's leading ass kisser in the econ world, Lou Dobbs, says ... well, you saw what he said, above ... reread that.

I don't follow Dobbs, and didn't understand what you quoted. Can you explain it?

I can believe you don't understand it ... or anything else. How goddamn hard is it to understand when one of Fox's main econ guys says Trump has lost his way, then states why?
 
PlayerRep said:
Fat Bruno said:
As long as we're standing here by the old cherry tree, let's take a look at some of its other fruit:

Tariff Man Has Become Deficit Man
Trump really has no idea how international trade works.

Paul Krugman

Republicans hate deficits. Or at least that’s what they claim.

Republicans in Congress spent the entire Obama administration inveighing against budget deficits, warning incessantly that we were going to have a Greek-style fiscal crisis any day now. Donald Trump, on the other hand, focused his ire mainly on trade deficits, insisting that “our jobs and wealth are being given to other countries that have taken advantage of us.”

But over two years of unified G.O.P. control of government, a funny thing happened: Both deficits surged. The budget deficit has hit a level unprecedented except during wars and in the immediate aftermath of major economic crises; the trade deficit in goods has set a record.

Yet Trump’s twin deficits tell us a lot about both the tweeter in chief and his party — namely, that they’re both dishonest and ignorant.

About the dishonesty: Is there anyone left who believes that Republicans ever really cared about debt and deficits? The truth is that the phoniness of their fiscal posturing should have been obvious all along.
Oh, and the tax cut has utterly failed to deliver the promised investment boom. Companies didn’t use their giant windfall to build new plants and raise productivity, they used it to buy back a lot of stock, passing the gains on to wealthy investors.And the supposed cause of the deficit isn’t the only thing Trump gets wrong about trade policy. He also keeps insisting that foreigners are paying his tariffs. In reality, prices received by foreign exporters haven’t gone down. Prices paid by U.S. consumers have gone up, instead.
... the main damage (of Trump’s tariff war) is to U.S. credibility.

But Trump’s twin deficits show that his party has been lying about its policy priorities, and that he is completely clueless about his signature policy issue. Luckily, a great nation like America can survive a lot, including dishonesty and ignorance at the top.

This is the great leader whose brilliant economic leadership you love to tout ... and Krugman's points on the utter hypocrisy and ignorance of you clowns is perfection.

The tax cut is a large part of what is driving the booming US economy and the strong job growth. Krugman was once an economist, but now is mainly a political hack.

The tax cuts have been a total bust and have not contributed to shit ... that is now accepted across the board, by conservatives and liberals alike and is why the GOOP decided not to even mention it during their ass kicking in the last election.
 
PlayerRep said:
Fat Bruno said:
US economy creates paltry 20,000 jobs in February

HelU.S. job growth almost stalled in February, with the economy creating only 20,000 jobs amid a contraction in payrolls in construction and several other sectors, which could raise concerns about a sharp slowdown in economic activity.

Yup, but wage growth continues to climb. 10 year high.

"Hourly pay earned by the typical employee rose sharply in February, pushing the increase in wages over the past year to a 10-year high of 3.4%. The last time wages grew that fast was in early 2009."

https://www.marketwatch.com/story/at-a-10-year-high-wage-growth-for-american-workers-likely-to-keep-accelerating-2019-03-08

Gee ... a moment ago weren't we talking about the amazing job growth? Wages could triple and they'd still be scandalously low . The cracks in this crackpot's economy are getting bigger and bigger. Oh, yes, and Krugman is now a hack because he doesn't agree with a fraud like yourself who is so naive and ignorant about economics that you should be embarrassed to expose yourself further.
 
PlayerRep said:
Fat Bruno said:
PlayerRep said:
Fats, here's a quote from your hero Krugman's most recent column about budget and trade deficits:

"What’s the significance of this tide of red ink?

Let’s be clear: Neither the budget deficit nor the trade deficit poses a clear and present danger to the U.S. economy. Advanced countries that borrow in their own currencies can and often do run up large debts without drastic consequences"

A much -- and conveniently -- truncated segment of his views on this. Like other significant economists -- like the Georgetown guy, above -- he has pointed out that running deficits during a downturn is ok since they are used to stimulate growth, but that deficits should be greatly reduced during an upturn or steady economy in order to build up reserves and to avoid incurring truly problematic nos. if there is a downturn. Read a little past the phrases you think help your ridiculous, and amazingly narrow and ignorant positions. I've read everything he's written for years along with the other serious economists. Since you seem to spend your life here, perhaps it's because you've been -- understandably -- turned out to pasture down at The Firm and can now find time to catch up on your reading.

Please put your post in understandable English. You continue to show that you are an economic idiot.

Yeah, and you show you're both an economic and literary moron, and I doubt very much that your idiocy stops at being a mere double hitter. Show me which passages leave your tiny mind in a dither and I'll try to rephrase it in monosyllables and grunts, just for you.
 
PlayerRep said:
Fat Bruno said:
PlayerRep said:
Fat Bruno said:
Let’s let FOX News economist Lou Dobbs finish the debate for us … you know, FOX’s Dobbs, Trump’s biggest booster … so, when he says it’s this bad, you know it’s :

Fox News’ Lou Dobbs: ‘The White House Has Simply Lost Its Way’

By Kate Riga
March 7, 2019 7:38 am
Fox News host Lou Dobbs, a reliable Trump ally, said Wednesday night that the White House “has simply lost its way.”

“Today, on the same day the Commerce Department reported the United States had the largest trade deficit in our history, the same day the President of the New York fed said straightforwardly that economic growth is slowing, that the certain border is being overrun by record numbers of illegal immigrants, it all means the White House has simply lost its way and that the nation’s heart will be, after all, broken by the very same people who brought 50 years of consecutive trade deficit and the export of millions of middle class jobs and who have fed the swamp for decades,” Dobbs said.

Lost it's way!!! My gooniss, that's very strong.

Again, most trade deficits are not really a big deal. See below. The strong US economy, and strong US dollar, are causing the trade deficit. I'm fine with that. Would you prefer a weak economy and a weak dollar? Again, you are just plain stupid on economics. You can't even Google to a credible answer.

“The fact that the U.S. economy is doing very well is the main reason the trade gap has risen,” said Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund.

“Policies that play around at the margins with tariffs are always going to get swamped by macroeconomic factors,” Mr. Rogoff said.

I am using the standards of your hero, Trump, who made a yuuuge deal of the trade deficits and his entire aim in the marvelous deal making he was doing was that he was going to greatly reduce them. Do you just "forget" anything that is inconvenient for you? A fitting gambit since your weak and failing mind so perfectly lends itself to that strategy. Of course, the blundering idiot did just the opposite and in the bargain made a fool of himself and made the US once again appear to be an unreliable and down right flaky partner in everything it does. If you don't think this will have a profound effect on our economy and general standing in the world, then you are ... well, we've established what that is.

Again, I hate Trump. Pay attention.

It's because I do pay attention that I know you to be one of his most ardent ass kissers, wingbat?
 
PlayerRep said:
Fat Bruno said:
PlayerRep said:
Fat Bruno said:
How is it possible to live in this world and not know the figures on the deficit????? All you have to do is look at the charts and read a little econ history. Annual deficits went down steadily under Clinton until, in his last year, he actually RAN A SURPLUS !!!! The first. Then, the annual figure ... which is the only way you can tell what's happening ... began to rise again under Bush until they were astronomical for the time. Obama inherited this mess and, of course, it continued to rise until his policies kicked in, then began to go back down again and continued to do so. Trump gets in and the rise is on again. Of course, for peabrains who don't understand addition, you must point out that the overall national debt is going to go up every year unless we are actually running a surplus. It's what a president inherits and what the trajectory of the debt is that alone tells the story. It is always downward under the Dems after they fix the messes they inherit and always SKYROCKETING upward under GOOPs. And, please, DON"t pretend to interpret Krugman for us.

How is it possible that you don't know that the deficit under Obama was over $1 Trillion for 4 of his 8 years? Trump's first 2 years didn't approach that amount. $621 billion in 2018 according to CNBC. Bush's deficit was under $2 Trillion total in 8 years.

You are a financial and economic idiot. You can't even Google to an answer that is credible.

You are truly one shallow pinhead. O's deficits were high because he inherited the SKYROCKETING deficits from Bush as well as Bush's economic recession. Of course, they were going to keep going up until his own policies kicked in, simpleton, and then they began their downward trend. Then Trump inherited O's solid economy and decreasing deficits and, now, of course, his deficits are slated to hit record nos. in record time. This is what happens EVERY time. Clinton actually ran a surplus in his last year and Bush blew up the debt. Now, we have the same trend all over again. Ray Gun did the same with the deficit... like I said, EVERY time. How did a naif like you ever get through law school? Some kind of favoritism?

I didn't blame anyone for deficits; I just said that it's not true that Trump has had record deficits.

Feel free to quote anything on budget deficits that I said that was not correct.

You continue to try to Google for answers, and then post dumb stuff. You are a picture boy for dem-liberals who don't understand economics. You are a huge joke.

"Has had..." The projections -- see, that means in the future, not the past -- by all major economists and the CBO show record deficits as a result of current economic policy ... and that as his been pointed out here several times is assuming the most favorable circumstances and no recession ... so they'll be even worse ... far worse. It's now clear that anything with the simplest twist or complexity is beyond you ... you're either a simple dipshit in the first place or are suffering from advanced intellectual decline.
 

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