WINNING!! Third Quarter GDP at 3.5% – President Trump Continues to Reduce US Debt to GDP –

So you support Trump and his directive to cut spending 5% in all departments and urge passage of budget cuts? You ARE voting for Republicans then, right?

 

The questions are open for answering from the left and the right.

Let us see which bent answers.

Which bent mentioned wagon riders?

 

Such bias. The economy was doing badly when he came in from the prior republican administration. His 2nd term was an average growth by quarter of 2.3%. Trump's average his first year was 2.475%, and Obama had better years than that. I mean, I suppose that's better, but it's not this huge thing you guys make it out to be, assuming it has much to do with the president to begin with.

Plus Trump's actions have pretty consistently been a benefit now, pay later kind of thing, so we'll see the costs accrue over time and if you guys are lucky a democrat will be in place to take the blame.

 

You asked a dozen questions and gave no answers. Just pointing out that SOP for liberals.

 

Related not derailed.

 

I do agree with spending cuts but Inwould be Leary of accross the board spending cuts. For example a 5% spending cut for the military may be detrimental but a 10% in another department may be fine.
Again rational targeted budgets cuts are fine.

I will vote for Republicans, one or possibly two Democrats , and an independent for governor who ran as a Republican four years ago losing in the primary. I voted for the Republican gubinatorialmcandidate in the primary but after he one he started talking like a clone of Trump so I am going with the Indie. All of my local votes except for one fiscally responsible Democrat a military veteran will be for Republican. There will be a no vote for Senator since "no one" can even name the poor Republican sacrificial lamb running against the incumbent.

 

You can that that up with the liberals if you want why are you bothering me with that?

 

You forgot to mention one thing. Any budget surplus should go towards paying down the national debt.

 

Yeah reality that's right, the 8 years of Obama increased the deficit 9 trillion dollars. So we got a tax cut and still won't be coming near 9 trillion in Trumps 8 years.

 

Quote: President Trump Continues to Reduce US Debt to GDP

Another ludicrous hype.....

Rephrase; Trump sets goal to reduce the Debt to GDP by LESS THAN 1% prior to the midterm elections

 

Dear Lord, Please Help Trump Reduce the National Debt Soon.

 

If it quacks like a duck..

 

9 trillion the most ever by any president lol. Yeah ole Obama was quite the fiscal hawk jesus.

 

I find those moving graphics to be annoyong

 

How dare you cite numbers! This will be ignored.

 

Well I don't think he told the cabinet heads to make irrational cuts but do their job and find rational cuts and let's get spending under control. I have been in business for over 40 years from department head, to branch manager to owner. That is how we do it. Many times I have received the corporate memo that I was expected to cut my budget by X amount and have my plan of action submitted by the end of the week.

Democrats are not going to do what you want period, end of story. They WILL take us back to the Democrat policies starting in 2007 and through 2015. Democrats will increase regulations raising business cost, employment cost. The will increase taxes choking off business growth and business cost. They will then spend their time tearing the country apart with their impeachment and investigations and attempts to remove Trump and his officials including Kavanaugh and all their other nonsense. And I have been in the position of having to throw my vote away and do a write in with the Roy Moore thing and that was even before the Democrat engaged in their little scheme so I know being in a tough spot. But to turn the House over to the Democrats will bring another setback if not disaster to the country.

 

The economy was doing just fine when he and his fellow Democrats took back the Congress January of 2007 a year before the recession.

Because thankfully the Republicans were taking BACK the Congress.

And we're getting over 3% now as the policies of the last 18 months come into play.

I don't recall anyone saying it would be instantaneous. It takes a while for businesses to put that new investment into place. How long does it take to build a new manufacturing plant?

That's how capital formation and investment works as opposed to government simply taking money away from the people it belong to and handing it out to other people.

 

Halfway.... and he can't make a balance work one bit.
He simply gives tax cuts to companies, and borrows money to compensate.

 

Not true. It took Trump almost an entire year to come up with a new tax plan,... because he had to play golf, watch FOX news and tweet.

 

You were not alone in getting such a directive. I just do not think that the top down cost cutting is as good as bottom up. One of the best most effective cost cutting campaigns I recall was in the insurance industry when we were asked to identify unnessary, redundant / obsolete processes, computer programs, reports, job functions, opportunities to consolidate job functions etc. We did not have a ceiling to hit. Someone suggested that the CEO's job was redundant. No, not accepted.

 

Yup.

The more and faster spending is cut, the sooner there is surplus to apply to the debt and become solvent.

 

Actually GDP growth under Trump in 2017 was 2.3%. Also most of that growth is going to the top and wages for workers are still lackluster and barely keep ahead of cost of living.

 

Record Debt!

 

Republicans bury their heads in the sand....

 

Gee so the debt to GDP ratio increased significantly from last quarter. Bad news for Trump and America.