Thanks to Team Biden, America could soon be on the verge of economic prosperity.

Walt said:
Democrats keep cutting the deficit, and Republicans keep blowing up the deficit. I predict in 4 years time, you are saying the debt is bigger than when Biden came to office, and I am saying that the deficit has been massively cut.
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Methinks you need to look at the terms deficit and debt. hojo and the dimlibs are MASSIVELY INCREASING THE DEBT and we don't have to wait til hojo is gone ... THAT DEBT IS HERE NOW and just how is hojo gonna pay it off ???


def·i·cit
the amount by which something, especially a sum of money, is too small.

an excess of expenditure or liabilities over income or assets in a given period.
 
Geeko Sportivo said:
Prostitutes? Ass kissers? WTF do you mean under Trump? Never mind! We know!

trumpasskissing1.gif
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That's a great depiction of McCarthy behind trump
 
therer is a nugget of truth in this silly post. Because Biden has fucked so badly, there is a good chance the Congress will flip back red and is already so dysfunctional that he cant pass anything. Gridlock is just what we need till Pedo Joe is gone.
 
Grumpy said:
Methinks you need to look at the terms deficit and debt. hojo and the dimlibs are MASSIVELY INCREASING THE DEBT and we don't have to wait til hojo is gone ... THAT DEBT IS HERE NOW and just how is hojo gonna pay it off ???
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The debt is there, and servicing it is cheap. That means that paying it off is not important, and would probably be destructive to do. The debt has been part of our economy for over a hundred years, so removing it is questionable.

The question is the rate of increase, or even decrease, which is deficit. If we reduce the deficit, then we can keep the servicing of the debt very cheap.
 
PostmodernProphet said:
because I've been self employed for 42 years......
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What do you do?

Edit: I suppose it is going to take a little bit of time for PMS to think of a job he can be self employed at without working for the last 42 years. I have to go to a real job right now. I will check back tomorrow morning.
 
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Walt said:
The question is the rate of increase, or even decrease, which is deficit. If we reduce the deficit, then we can keep the servicing of the debt very cheap.
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HELLO ...

THE RATE OF INCREASE OF THE NATIONAL DEBT UNDER HOJO IS MASSIVE ... and one day it will have to be paid. Kinda like ... you got mortgage on you house ... you die ... the mortgage does not disappear.
 
Joe Capitalist said:
Major economies are roaring back

Effective vaccines, record government support and pent-up demand are fueling a historic turnaround for the global economy. The pace of growth caused the International Monetary Fund to more than double its 2021 U.S. GDP estimate to 6.4%.

American consumers, many sitting on a cash stash, are ready to take that long-delayed vacation or simply go out to dinner. And U.S. companies are using cash on their balance sheets to innovate and adapt their businesses.

Operating earnings for 2021 are expected to come in 14% higher than analysts were forecasting at the start of January, and the S&P is up 16%. Higher 2021 profits seem to explain higher stock prices almost perfectly.

“We think the market still has room to go up this year, and the reason for that is that the factors that have been driving it are still in place.”

God bless President Biden!
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Yet what is important is to further destroy the stench of the GOPer and tRump conspiring in the sewer act of waging further war on Democracy and the common decency of global civilization, to ensure another tyrant doesn't hack its way back in the White House again, as a failed sewer conspiring act that only resulted in a curse on humanity and tRump is a curse and that goes for his kissers and fellow repuke creatures too.
 
gemini104104 said:
Yet what is important is to further destroy the stench of the GOPer and tRump conspiring in the sewer act of waging further war on Democracy and the common decency of global civilization, to ensure another tyrant doesn't hack its way back in the White House again, as a failed sewer conspiring act that only resulted in a curse on humanity and tRump is a curse and that goes for his kissers and fellow repuke creatures too.
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Trump is slowly fading into obscurity. His online blog gets very little traffic. He doesn't get the spotlight like he used to. He's a has-been.
Yesterday's news. He's a loser. And so are the people who still follow him.
 
Grumpy said:
THE RATE OF INCREASE OF THE NATIONAL DEBT UNDER HOJO IS MASSIVE
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Actually, not. The rate of increase is stabilizing and beginning to drop. Democratic Presidents keep doing that after massive increases with republican presidents.


Grumpy said:
and one day it will have to be paid.
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The economy is based on debt, so if it is ever completely paid off, our entire civilization will collapse. Or put another way, Australia paid off their entire debt, and then had to issue debt that they did not need, all to just keep their economy going.

Basically all businesses count on revolving debt, which is never paid off. The government is the largest of these.

We may pay it down, like Clinton did, or may drastically increase it like Reagan, Bush, Bush, and trump did, but it will be with us until the end of time (or our country, whichever comes first).
 
ExpressLane said:
Biden didn't invite Tesla to the White House to show case electric cars. :laugh:
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As was already stated, it was a tailpipe conference to encourage the other manufacturers to go 100 percent electric. Tesla has no tailpipes and is 100 percent electric. giggle giggle
 
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