New Prime Inc. vs Oliveira SCOTUS 17-340

59 Dano

I just want to make friends!
You insist on only looking at what you like. The same home today with a mortgage is going to cost you about 25% more per month than it did just two years ago. No one buying what used to be a $200k home has gotten a 25% raise because of Trump,yet interest rates have gone from below 4% to almost 5% for the same credit situation. That 1% increase is 25%, and means $200 a month more for the same home that now is about 10% higher cost. Then add in inflation on everything else one needs to live, including almost 50% more for gas, and your 2% raise/tax 'cut' is gone based on a $50k income.

The average interest rate 20 years ago, when the economy was roaring right along and everything was unicorns and rainbows, was 2 percentage points higher than it is now.

You're clueless.
 

59 Dano

I just want to make friends!
Wow!!!!!!! You seem completely unaware.

Obama inherited the worst recession since the depression, and reduced the deficit by half in a slow economy. Trump is already at $863 billion in deficit this year, and will be over $1 trillion in what is supposed to be a good economy, according to you. That unemployment is down doesn't mean much when it is solely due to deferring taxes for people like you, who will need to pay those taxes eventually. The deficit is growing even with increased revenue. There has NEVER been such a deficit in a time of growth as we have now. NEVER.

The republicans control both the house and the senate, and Trump knew when he promised cuts what he would face, yet made the promise anyway. Same thing with the wall, and the same with 'biggest, bestest, cheapest' healthcare that you believed. Either you believed him, or you knew he was a liar. You can't have it both ways.

You didn't get a tax cut, you didn't get a wall, you didn't get better, cheaper health care, you instead got higher inflation, higher interest rates, a larger trade deficit, an increasing deficit, trade wars, tariffs, and your dear leader is a joke, openly laughed at for his ignorance by world leaders, both democraticly elected, and by autocrats and dictators.

All you got was more people working, and two far right supreme court justices that will decide with corporate interests and the elite in every case that comes before them.

TRIGGERED, LOL!!!
 

bacha29

Well-Known Member
What happened to the markets today should tell you something's up and it doesn't look good. Sears expected to file for bankruptcy tomorrow. USPS has filed request for the largest rate increase in history in addition to being 58 billion in debt. IMF has reduced US 2019 GDP growth projection down to 2.5%. Government selling Treasuries by the box car load to pay it's bills. No the sky is not falling but the tax cut sugar high is wearing off and some fund managers are saying the next 6 months could get a little on the slow side and are pointing to Friday's earnings reports are a key indicator of an early sign of a slowing economy.
So let's see what projections Dano our in house Oxford educated economist has for us.
 

59 Dano

I just want to make friends!
What happened to the markets today should tell you something's up and it doesn't look good.

It tells us that the market goes up and down, just like it always has.

No the sky is not falling but the tax cut sugar high is wearing off and some fund managers are saying the next 6 months could get a little on the slow side and are pointing to Friday's earnings reports are a key indicator of an early sign of a slowing economy.

How much mileage do you think you can get from that "tax cut sugar high" quote that you're wearing out?

So let's see what projections Dano our in house Oxford educated economist has for us.

Sometimes a cigar is just a cigar.
 

bacha29

Well-Known Member
It tells us that the market goes up and down, just like it always has.



How much mileage do you think you can get from that "tax cut sugar high" quote that you're wearing out?



Sometimes a cigar is just a cigar.
You disappointed us Dano . So tell you what . Why don't you run upstairs and ask your Mom for her insights as to the future direction of the economy? At least we would be getting something in exchange for cheap shots.
 

59 Dano

I just want to make friends!
You disappointed us Dano . So tell you what . Why don't you run upstairs and ask your Mom for her insights as to the future direction of the economy? At least we would be getting something in exchange for cheap shots.

Future direction of the economy? Strong growth. Anything else you need?
 

bacha29

Well-Known Member
Future direction of the economy? Strong growth. Anything else you need?
Tell your Mom "thanks". Now we realize that people have kids for two different reasons. Some people want a family, some people want an event. So tell your Mom that we understand a family was what she had in mind with you but unfortunately it obviously didn't work out despite her best parenting skills.
 

59 Dano

I just want to make friends!
Tell your Mom "thanks". Now we realize that people have kids for two different reasons. Some people want a family, some people want an event. So tell your Mom that we understand a family was what she had in mind with you but unfortunately it obviously didn't work out despite her best parenting skills.

Your mother had you because she lost a bet.
 
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