The Observation Deck

Michael Deneen wrote:

Brian Essi wrote:Trump also appears to have met Mr. Deenen’s expectations (except for the disappointing stock market and economic news).

I may have been a year early on the stock market thing, but I strongly suggest everyone take a look at their portfolios ASAP.
Reality started to set in this week.

Actually, reality has not started yet: the effect of the new tax laws and the roll back of government regulations have not really taken effect yet. On Friday, the Markets gave back 2.5% of the $30 Trillion in “new wealth” created since The presidential election. The Markets could give back 4 times that and it will be a hiccup on the way up. Trump does not deserve credit though.

Brian Essi wrote:

Michael Deneen wrote:

Brian Essi wrote:Trump also appears to have met Mr. Deenen’s expectations (except for the disappointing stock market and economic news).

I may have been a year early on the stock market thing, but I strongly suggest everyone take a look at their portfolios ASAP.
Reality started to set in this week.

Actually, reality has not started yet: the effect of the new tax laws and the roll back of government regulations have not really taken effect yet. On Friday, the Markets gave back 2.5% of the $30 Trillion in “new wealth” created since The presidential election. The Markets could give back 4 times that and it will be a hiccup on the way up. Trump does not deserve credit though.

I am thankful that the Obama economy is performing so well. Trump and Ryan will crash it soon.

I'm not a fan of the Donald, but I think the Democrats are partly responsible for getting him elected. If they had run anybody but Hillary (read Bernie), Trump would not have won.

Michael Deneen wrote:Lord knows that the DNC needs a rational GOP to keep it in check....we've seen here in Lakewood what happens when the GOP disappears.

I agree with this statement. The voters of Lakewood are getting what they deserve when they stopped voting for Republicans. It is very hard to find a city run by all democrats that is a success in NE Ohio.

Ryan Salo wrote:

Michael Deneen wrote:Lord knows that the DNC needs a rational GOP to keep it in check....we've seen here in Lakewood what happens when the GOP disappears.

I agree with this statement. The voters of Lakewood are getting what they deserve when they stopped voting for Republicans. It is very hard to find a city run by all democrats that is a success in NE Ohio.

Ryan

You are killing me, you know most of the people actually ruining errr running Lakewood are Republicans in disguise.

Which brings us back to...

The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year
https://www.washingtonpost.com/news/won ... bcaca712a2

Please dear god just admit it, this ain't your republican party anymore!

.

Jim O'Bryan wrote:

Ryan Salo wrote:

Michael Deneen wrote:Lord knows that the DNC needs a rational GOP to keep it in check....we've seen here in Lakewood what happens when the GOP disappears.

I agree with this statement. The voters of Lakewood are getting what they deserve when they stopped voting for Republicans. It is very hard to find a city run by all democrats that is a success in NE Ohio.

Ryan

You are killing me, you know most of the people actually ruining errr running Lakewood are Republicans in disguise.

Which brings us back to...

The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year
https://www.washingtonpost.com/news/won ... bcaca712a2

Please dear god just admit it, this ain't your republican party anymore!

.

Mr. O'Bryan,

A threat to the "future of the world"?

I think the Lady doth protest too much.

Lies, damned lies, and statistics. Sam Clemens

Per the article you cited, the debt added in 2017 was $519 Billion---45% of 2016---a huge drop.

At $955 Billion for 2018, it will still be a reduction from the average of the previous 9 years--the citation of an "84% increase" adds little to the analysis.

Even if we ignored 2017, the 2018 projected number is a reduction from the Obama era of $989 Billion per year (7.917 divided by 8=989).

Dar I say that atleast in 2018, the US government will be borrowing money to allow some Americans to keep more of what they earn.

Barack Obama: Added $7.917 trillion, a 68 percent increase from the $11.657 trillion debt at the end of George W. Bush’s last budget, FY 2009.

FY 2016 - $1.423 trillion.
FY 2015 - $327 billion.
FY 2014 - $1.086 trillion.
FY 2013 - $672 billion.
FY 2012 - $1.276 trillion.
FY 2011 - $1.229 trillion.
FY 2010 - $1.652 trillion.
FY 2009 - $253 billion. (Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt.)