Essential Economics for Politicians

Bruddah IZ said:
Trump’s Legacy Will Be Economic Decline If He Abandons Free Trade
Trump’s policies could undermine the hard-won global consensus in favor of free trade—and even destroy the global trading system altogether.
Saturday, October 06, 2018
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https://fee.org/articles/trump-s-legacy-will-be-economic-decline-if-he-abandons-free-trade/
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You think Trump is concerned about his legacy? SUCKER!!!
 
Booter said:
Trump wanted to print money to repay the national debt. That’s bananas

Donald Trump has made his ignorance of Economics 101 abundantly clear—from his late-night phone calls to ask how the dollar works to his constant confusion over the cause of the US trade imbalance.

Trump: “Just run the presses—print money.”

Cohn: “You don’t get to do it that way. We have huge deficits and they matter. The government doesn’t keep a balance sheet like that.”

There’s a touch of irony in Trump’s proposed shortcut. Not only has the president failed to balance the budget, his massive tax cut and a huge spending bill threaten to push the budget deficit from $665 billion in 2017 to a whopping $1.3 trillion by 2022, according to the Congressional Budget Office (pdf, p.83). By 2028, the CBO says the deficit could rise to $29 trillion—which, as a share of GDP, would be twice the average over the last 50 years. No wonder the siren song of the printing press beckons.
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Man are you stupid.....
The " Stupidest " would be your forum Booty Buddy ....Rat the " Pussyman " Rodent....
 
Subprime Loans Are Back, Proving We Have Learned Nothing from 2008
Many are claiming that this time will be different than the last. This should concern just about everyone.

Over the last several weekends, the nonprofit, Boston-based brokerage Neighborhood Assistance Corporation of America (NACA) partnered with big banks and hosted events all across the country, attracting tens of thousands of attendees. These events are meant to help people apply for subprime home loans. If the term “subprime” does not immediately jump out at you, it should. “Subprime” mortgages were a primary culprit of the 2008 financial crisis.

https://fee.org/articles/subprime-loans-are-back-proving-we-have-learned-nothing-from-2008/
 
Lion Eyes said:
Of course he's concerned with his legacy, only an idiot would think otherwise.
He just doesn't care what pc left wing ass wipes think....
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You are a bigger sucker than I thought. Trump is concerned with 1 thing and that is how much more money he will have when he leaves the White House. Just how much Fox News are you watching?
 
Booter said:
You are a bigger sucker than I thought. Trump is concerned with 1 thing and that is how much more money he will have when he leaves the White House. Just how much Fox News are you watching?
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Easy there, it has taken you weeks to gather yourself from your emotional breakdown, your eyes are finally no longer red and puffy.
 
Booter said:
You are a bigger sucker than I thought. Trump is concerned with 1 thing and that is how much more money he will have when he leaves the White House. Just how much Fox News are you watching?
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Thought?
You've never had an original thought or opinion in your life, you koolaid drinking dweeb.
When it comes to sucking, you have way more experience than I you gagging piece of fodder.
Run along now...
 
Lion Eyes said:
Thought?
You've never had an original thought or opinion in your life, you koolaid drinking dweeb.
When it comes to sucking, you have way more experience than I you gagging piece of fodder.
Run along now...
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You, like the plumber, have followed lil 'joe and nono into trollsville. You are nothing but an angry troll, enjoy.
 
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