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A NEW LOW FOR LIBTARDS
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MalibuGuru



Joined: 11 Nov 1993
Posts: 8688

PostPosted: Tue Aug 13, 2019 7:36 pm    Post subject: Reply with quote

mac wrote:
US military budget trends:

FY Total Spending
2003 $437.4
2004 $467.6
2005 $478.9
2006 $644.3
2007 $721.5
2008 $792.9
2009 $815.7
2010 $851.6
2011 $855.1
2012 $816.3
2013 $746.4
2014 $753.6
2015 $736.4
2016 $767.6
2017 $818.9
2018 Actual $890.8
2019 Estimated $956.5
https://www.thebalance.com/u-s-military-budget-components-challenges-growth-3306320

Needed--for Matty's stocks?

The US military budget is larger than the next 7 countries--combined.

https://www.nationalpriorities.org/campaigns/us-military-spending-vs-world/


Yeah, because your heroes did a deal with the devil (China, Russia, Mexico) Now Trump has to get us out.
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real-human



Joined: 02 Jul 2011
Posts: 11721
Location: on earth

PostPosted: Tue Aug 13, 2019 8:05 pm    Post subject: Reply with quote

MalibuGuru wrote:


Yeah, because your heroes did a deal with the devil (China, Russia, Mexico) Now Trump has to get us out.


Dinking that ultra religious right-wing wacko Jim Jones Koolaide ha... Or is that from your bible from McVeigh?

_________________
when good people stay silent the right wing are the only ones heard.
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boggsman1



Joined: 24 Jun 2002
Posts: 8071
Location: at a computer

PostPosted: Wed Aug 14, 2019 8:50 am    Post subject: Reply with quote

Nice Work Drumpf, nice work..


YIELDS FLASH RECESSION WARNING!
STOCKS DIVE
BANKS HAMMERED

https://www.cnn.com/interactive/2019/business/stock-market-by-president/index.html
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mac



Joined: 07 Mar 1999
Posts: 14778
Location: Berkeley, California

PostPosted: Wed Aug 14, 2019 9:41 am    Post subject: Reply with quote

Worst negotiator ever. Can’t, or won’t, read or study anything.
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techno900



Joined: 28 Mar 2001
Posts: 3741

PostPosted: Wed Aug 14, 2019 10:37 am    Post subject: Reply with quote

From Forbes in 2016:


Quote:
There’s a 60 percent likelihood of a recession in the next four years, according to The Wall Street Journal’s survey of economists. The economists pegged the odds of a recession beginning in the next 12 months at about 20 percent, an estimate with which I concur. Let’s talk about why we’ll likely have a recession, and what businesses can do about it now. (See also the statistical note at the bottom of the article.)

The current expansion is fairly old, as expansions go, over seven years of age compared to an historical average of just over three years. But the length of an expansion does not correlate with the probability of a recession, so age does not tell us anything.

The frequency of recessions averages one about every six years, but with wide variation—as short as 18 months from the beginning of one recession until the beginning of the next, and as long as 140 months. So an estimated probability of recession in the range of 10 to 20 percent puts us in normal territory.

Right now the most likely trigger of a recession seems to be foreign economic difficulties, which could be a European financial crisis, or European recession triggered by Brexit, or a significant downturn in China and the rest of east Asia. The most likely domestic triggers include political change and premature tightening by the Federal Reserve.

No matter what, Trump will be blamed for it when it happens.

https://www.forbes.com/sites/billconerly/2016/10/18/recession-likely-in-the-next-four-years/#b42df3831c61
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boggsman1



Joined: 24 Jun 2002
Posts: 8071
Location: at a computer

PostPosted: Wed Aug 14, 2019 10:53 am    Post subject: Reply with quote

techno900 wrote:
From Forbes in 2016:


Quote:
There’s a 60 percent likelihood of a recession in the next four years, according to The Wall Street Journal’s survey of economists. The economists pegged the odds of a recession beginning in the next 12 months at about 20 percent, an estimate with which I concur. Let’s talk about why we’ll likely have a recession, and what businesses can do about it now. (See also the statistical note at the bottom of the article.)

The current expansion is fairly old, as expansions go, over seven years of age compared to an historical average of just over three years. But the length of an expansion does not correlate with the probability of a recession, so age does not tell us anything.

The frequency of recessions averages one about every six years, but with wide variation—as short as 18 months from the beginning of one recession until the beginning of the next, and as long as 140 months. So an estimated probability of recession in the range of 10 to 20 percent puts us in normal territory.

Right now the most likely trigger of a recession seems to be foreign economic difficulties, which could be a European financial crisis, or European recession triggered by Brexit, or a significant downturn in China and the rest of east Asia. The most likely domestic triggers include political change and premature tightening by the Federal Reserve.

No matter what, Trump will be blamed for it when it happens.

https://www.forbes.com/sites/billconerly/2016/10/18/recession-likely-in-the-next-four-years/#b42df3831c61


That's the nature of politics. Trump's problem(among many) is that he constantly touts/brags/boasts about any success the country has, and always takes credit. So....rightly he will get lambasted when the bad stuff happens. That's why you speak softly and carry a big stick..
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vientomas



Joined: 25 Apr 2000
Posts: 1579

PostPosted: Wed Aug 14, 2019 11:11 am    Post subject: Reply with quote

techno900 wrote:
From Forbes in 2016:


Quote:
There’s a 60 percent likelihood of a recession in the next four years, according to The Wall Street Journal’s survey of economists. The economists pegged the odds of a recession beginning in the next 12 months at about 20 percent, an estimate with which I concur. Let’s talk about why we’ll likely have a recession, and what businesses can do about it now. (See also the statistical note at the bottom of the article.)

The current expansion is fairly old, as expansions go, over seven years of age compared to an historical average of just over three years. But the length of an expansion does not correlate with the probability of a recession, so age does not tell us anything.

The frequency of recessions averages one about every six years, but with wide variation—as short as 18 months from the beginning of one recession until the beginning of the next, and as long as 140 months. So an estimated probability of recession in the range of 10 to 20 percent puts us in normal territory.

Right now the most likely trigger of a recession seems to be foreign economic difficulties, which could be a European financial crisis, or European recession triggered by Brexit, or a significant downturn in China and the rest of east Asia. The most likely domestic triggers include political change and premature tightening by the Federal Reserve.

No matter what, Trump will be blamed for it when it happens.

https://www.forbes.com/sites/billconerly/2016/10/18/recession-likely-in-the-next-four-years/#b42df3831c61


Instead of blaming the Fed, Wall Street economists are citing Trump himself as the biggest anchor on markets and the economy.

“Fears that the trade war will trigger a recession are growing,” Goldman Sachs economists led by Jan Hatzius wrote in a note to clients over the weekend. “We expect tariffs targeting the remaining $300 billion of U.S. imports from China to go into effect and no longer expect a trade deal before the 2020 election.”

Goldman increased its estimate of the potential economic hit from the trade war to 0.6 percent of gross domestic product, both through the direct channel of higher costs due to tariffs and reduced investment by businesses afraid of what might happen next. Goldman now expects the economy to grow at just 1.8 percent in the fourth quarter of the year.

https://www.politico.com/story/2019/08/13/wall-street-recession-1657062
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MalibuGuru



Joined: 11 Nov 1993
Posts: 8688

PostPosted: Wed Aug 14, 2019 11:26 am    Post subject: Reply with quote

Wages rising for all ethnicities
Unemployment all time lows for all ethnicities
Recession is not imminent

Trump is fighting the FED who as usual is messing with a good thing
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vientomas



Joined: 25 Apr 2000
Posts: 1579

PostPosted: Wed Aug 14, 2019 11:33 am    Post subject: Reply with quote

MalibuGuru wrote:
Wages rising for all ethnicities
Unemployment all time lows for all ethnicities
Recession is not imminent

Trump is fighting the FED who as usual is messing with a good thing


FALSE! FAKE "NEWS" FROM BARBIE:

"And I am the least racist person. Black, Hispanic and Asian Unemployment is the lowest (BEST) in the history of the United States!" -- August 6 tweet
Facts First: Trump was accurate about the black and Hispanic unemployment rates, but not the rate for Asians.

We'll ignore Trump's subjective suggestion that low unemployment rates are a valid rebuttal against accusations that he has been racist in words and actions unrelated to the economy.
Black and Hispanic Americans are at roughly their lowest unemployment rates since the government began tracking employment statistics for them using its current methodology (in the early 1970s for black and Hispanic Americans, 2000 for Asians). Both were slightly lower earlier in Trump's term, but he can still accurately say they have not been lower under a previous president.

However, the rate for Asians was 2.8% in July, higher than the 2.6% rate in December 2016, former President Barack Obama's last full month in office.

https://www.cnn.com/2019/08/14/politics/weekly-fact-check-donald-trump-21-false/index.html
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MalibuGuru



Joined: 11 Nov 1993
Posts: 8688

PostPosted: Wed Aug 14, 2019 11:38 am    Post subject: Reply with quote

You are the racist assuming that Trump doesn't represent all races in the protection of our homeland.

He's supporting all races in America

They are raising the American flag in Hong Kong as we speak
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