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#20701
Jun 29 2018 07:45pm
Quote (Horford @ Jun 29 2018 09:40pm)
Awesome can't wait til our debt exceeds our GDP in 10 to 20 years.


It already is higher than the GDP.

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#20702
Jun 29 2018 07:56pm
Quote (Ghot @ Jun 29 2018 09:45pm)
It already is higher than the GDP.


Hmm. Is this not accurate?

Quote
Government debt is on track to hit historically high levels and, at its current growth rate, will by 2028 be nearly equal in size to the U.S. economy, the Congressional Budget Office said Tuesday.

The debt is projected to grow to 96 percent of GDP by 2028 before eventually surpassing the historical high of 106 percent it reached in 1946
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#20703
Jun 29 2018 07:58pm
Quote (Horford @ Jun 29 2018 09:56pm)
Hmm. Is this not accurate?



You can look it up. I just did. In 2017 the last full year, it was 106% of the GDP.
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#20704
Jun 29 2018 08:01pm
Quote (Ghot @ Jun 29 2018 09:58pm)
You can look it up. I just did. In 2017 the last full year, it was 106% of the GDP.


What i quoted was from a June 26th WaPo article though. Lol

Anyways. The debt is going up and the tax scam(s) are bad.
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#20705
Jun 29 2018 08:05pm
Quote (Horford @ Jun 29 2018 10:01pm)
What i quoted was from a June 26th WaPo article though. Lol

Anyways. The debt is going up and the tax scam(s) are bad.




Yeah, that only counts the Public Debt, not the National Debt.


/e Keep in mind that leading up to the November 2018 elections, lots of sources of data will be skewed by various parties.

This post was edited by Ghot on Jun 29 2018 08:14pm
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#20706
Jun 29 2018 08:53pm
#fixthebudget #abolishmedicare #abolishsocialsecurity
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#20707
Jun 30 2018 02:59am
Quote (Ghot @ 30 Jun 2018 02:22)
Trump says expects another tax overhaul 'probably in October'

https://www.reuters.com/article/us-usa-tax-trump/trump-says-expects-another-tax-overhaul-probably-in-october-idUSKBN1JP2XN




Here's something more realistic to argue about, than a 7 month old article by some nitwits.


cutting the corporate tax rate from 21% to 20%. daaaayum, this will push GOP turnout to unprecedented levels at the midterms. /s
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#20708
Jun 30 2018 03:57am
Quote (Black XistenZ @ Jun 30 2018 04:59am)
cutting the corporate tax rate from 21% to 20%. daaaayum, this will push GOP turnout to unprecedented levels at the midterms. /s




I think that's why it's a big fat "probably". I also think that's why the news was dropped late Friday as well.
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#20709
Jun 30 2018 08:48am
https://twitter.com/realDonaldTrump/status/1013023608040513537
>Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference...Prices to high! He has agreed!



basically trump's form of "eat shit venezuela"
https://tradingeconomics.com/venezuela/crude-oil-production

the little oil that's sustaining their economy is going to get even further devalued. This man really hates socialism.
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#20710
Jun 30 2018 09:41am
Quote (Goomshill @ Jun 30 2018 10:48am)
https://twitter.com/realDonaldTrump/status/1013023608040513537
>Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference...Prices to high! He has agreed!

https://i.imgur.com/wcEEt4O.jpg

basically trump's form of "eat shit venezuela"
https://tradingeconomics.com/venezuela/crude-oil-production

the little oil that's sustaining their economy is going to get even further devalued. This man really hates socialism.


Make Communists Pariahs Again!
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