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Showing posts with label largest national debt. Show all posts
Showing posts with label largest national debt. Show all posts

Saturday, July 25, 2020

A Short List of This President's Accomplishments


Here is but a short list of all Donald Trump's accomplishments, to date, as President.

Image may contain: text that says '"I've done more, by far, than any president, in my first 3 years in office." Trump 7/19/20 143,000 dead. Bounties on US soldiers. Pandemic out of control. Economy in recession. 11.1% Unemployment. Highest trade deficit in history. $5.2 trillion added to the debt. Secret police terrorizing citizens. Americans banned from 30 countries. Yep, in less than 4 years, you've changed America from a global leader to a shithole country.'

Thanks, so much, Mr. Trump. You really are running this job like you did your businesses.

Thanks, Republicans.


Monday, May 25, 2020

Trumpian Firsts


Herewith, just a very brief list of just a few things for which this Republican Party President Donald Trump did first, most and/or best compared to all other Presidents:

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First American President to simultaneously hold the record for
  • Biggest stock market drop
  • Highest national debt
  • Most convicted members of his one administration
  • Most turnovers in his administration, with people coming and going
  • Most pandemic infections
And all in only the first four years of his term.

So much winning.

Link:

Op-Ed: Let’s count the ways Donald Trump has gone where no president has gone before


Tuesday, May 22, 2018

Those Republican Party Tax Cuts?


Check out what none other than Goldman Sachs has to say today about the outlook for the nation given the new, much larger national debt due to the Republicans' tax cuts for the already-wealthy and corporations.

Goldman Sachs: 

The fiscal outlook for the US 'is not good' 


A little from the article:

"The fiscal outlook for the United States 'is not good,' according to Goldman Sachs, and could pose a threat to the country's economic security during the next recession.

According to forecasts from the bank's chief economist, the federal deficit will increase from $825 billion (or 4.1 percent of gross domestic product) to $1.25 trillion (5.5 percent of GDP) by 2021. And by 2028, the bank expects the number to balloon to $2.05 trillion (7 percent of GDP)."


This on top of what was already reported about the effects of these, again, Republican Party tax cuts:

Government set to borrow nearly $1 trillion 

this year, an 84 percent increase over last year


Not done there, there's also this:


All so they could pour more of the nation's wealth on the people who already have a great deal of it all.

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Thanks, Republicans! Y'all are terrific!


Monday, January 19, 2009

W's lost it

Saturday, December 13, 2008

Big recommendations

For the coming new year, I highly recommend getting--or keeping--a Harper's Weekly magazine subscription. I can think of no better way of keeping up with what's going on in the nation and the world.

Harper's Magazine is THE read, I think, to know what governments and societies and individuals worldwide are doing or considering. Granted, I don't get or take enough time to read all of it (or of books, for that matter), as I should (right, Michael?), but you can't get enough Harper's.

The second and last recommendation today, of this entry, is that you (whoever you are) get the latest Harper's (January, 2009) and read the "Harper's Index" at the front of the magazine.

The Index is always a good, rather light and brief but important synopsis of what either is going on or has, and this month no less so.

It is "A retropspective of the Bush era" and a knockout. (In a month or so, when it's online, I'll put it out here. It's that good).

It should be instantly considered a "must read" for all Americans: rich, poor, Black, White, Hispanic, Republican, Democrat, Libertarian, Independent, Conservative, Liberal, Moderate--you name it.

But especially any and all Republicans.

And conservatives.

And anyone who ever voted for George Walker Bush for President.

Once again, we thank you chuckleheads for the travesties of this administration.

And we blame you.

Monday, October 20, 2008

Are we, as a country, never going to allow a downturn in our economy again?

That's the question.

Are we never going to allow a downturn in our American economy again, no matter the cost?

There is word out right now, on the wires, that both President Bush and Federal Reserve Chairman Ben Bernanke are both quoted, saying they'd be for another "stimulus package" for the American people, to push forward the economy.
(Link to story here:
http://news.yahoo.com/s/ap/20081020/ap_on_bi_ge/financial_meltdown)

Holy cow.

You gotta be kidding me.

Let's get this straight.

We already had the largest debt, ever, in the history of the country, going into this year, thanks to this President and his direction (I can't call it leadership).

Then the nation's banks start tanking and we come up with, oh, what was it? 700 billion dollars to bail out the banks (that actually may end up already being a trillion dollars or thereabouts).

That boosted our debt even larger and deeper by a fewfold.

And now, like they're running for office themselves, George and Ben want to spit out more money to us so we can go spending.

They want to make it at least as large as the last boost we gave ourselves so it would be in the range of 168 million dollars.

But wait. There's more.

Some economists are saying it should be twice that size.

Talk about short-term, shortsighted vision.

The one who started this talk was Barack Obama and he's running for office.

Now, I'm an Obama supporter but this part of his platform never got my support. I thought it was just panerding to win votes. It is short-sighted and would only have a very brief benefit to the economy and country.

Then House Speaker Nancy Pelosi chimed in, saying she'd support it. I thought that was purely to help her friend and fellow Democrat Obama. I thought it would go away.

Now this.

So it gets me back to my original question.

Do we not have any patience or allowance any more for a downturn in the economy?

Do we not realize that there are business cycles that have to be gone through?

You know, the old "Chauncey Gardner" statements from the movie "Being There" about there needing to be a dying season, in order to create the space for new growth.

I don't think we get it.

We all know we'll have to borrow--yes, borrow--this money, only to loan it back to ourselves.

And we'll probably have to borrow it from the Chinese, of whom we have no fondness, other than their propping up our economy.


Am I the only one who thinks this is blatantly stupid?

Friday, October 3, 2008

2 kinds of people

There are a new "2 kinds of people in the world" today.

There are the people who realize that the United State's "best days" are behind them.


And there are the people who deny reality.

Tuesday, September 2, 2008

Their duty

To everyone, everywhere in the United States who ever voted for President George W. Bush for that position: make sure you watch and listen this evening, as that chucklehead thanks you for allowing him to do to this country just exactly what all he's done to us for the past 7 years--deceit, war, debt, his administration's unconstitutional reach into our personal lives and more.