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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
05-09-2018, 10:37 AM
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#1
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,483
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Quote:
Originally Posted by Pete F.
Once again claims are exaggerated and the media is called fake for saying that is not really the truth.
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How about just being able to balance a checkbook? This is like looking at my account on payday and thinking I'm rich when my mortgage is going to be deducted next week. |
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05-09-2018, 02:07 PM
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#2
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
How about just being able to balance a checkbook? This is like looking at my account on payday and thinking I'm rich when my mortgage is going to be deducted next week.
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That timing discrepancy happens every month, unless there was something unique about April 2018. If the timing of debits and credits wasn't unique for April 2018, then it says something that it set a record.
I'm not saying there will be no deficit at the end of the year, of that things are all set. I'm saying that April 2018 set a record for generating surplus. |
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05-09-2018, 02:53 PM
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#3
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,483
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Quote:
Originally Posted by Jim in CT
That timing discrepancy happens every month, unless there was something unique about April 2018. If the timing of debits and credits wasn't unique for April 2018, then it says something that it set a record.
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The timing doesn't happen every month. April is also tax month by the way.
Quote:
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I'm not saying there will be no deficit at the end of the year, of that things are all set. I'm saying that April 2018 set a record for generating surplus.
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The economy is growing and every economist I've read said we would expect a short-term bump with the tax law dumping cash into corporations pockets. That being said, as an actuarial I'd think you would understand a single data point doesn't exactly a trend make. As your own article suggests we're still down for the year. |
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05-09-2018, 06:30 PM
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#4
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by spence
The economy is growing and every economist I've read said ...
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right..the same economists that said Trump would crash the stock market and destroy the planet |
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05-09-2018, 07:05 PM
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#5
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by scottw
right..the same economists that said Trump would crash the stock market and destroy the planet
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Paul krugman said the us economy would never survive a trump presidency. And people still listen to him.
Posted from my iPhone/Mobile device |
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05-09-2018, 07:15 PM
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#6
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,413
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Quote:
Originally Posted by Jim in CT
Paul krugman said the us economy would never survive a trump presidency. And people still listen to him.
Posted from my iPhone/Mobile device
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To be fair, his first term isn’t even halfway over yet....
Posted from my iPhone/Mobile device |
Bryan
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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05-10-2018, 08:24 AM
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#7
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by RIROCKHOUND
To be fair, his first term isn’t even halfway over yet....
Posted from my iPhone/Mobile device
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That's true, and I'm not saying he's going to be a good POTUS. But what evidence is there, that the US economy won't survive hos presidency? |
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05-09-2018, 07:04 PM
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#8
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
The timing doesn't happen every month. April is also tax month by the way.
The economy is growing and every economist I've read said we would expect a short-term bump with the tax law dumping cash into corporations pockets. That being said, as an actuarial I'd think you would understand a single data point doesn't exactly a trend make. As your own article suggests we're still down for the year.
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Yes April is tax month. I believe April was tax month during the 8 obama years too. But this past April generated more surplus. How come?
Posted from my iPhone/Mobile device |
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05-10-2018, 09:18 AM
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#9
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,483
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Quote:
Originally Posted by Jim in CT
Yes April is tax month. I believe April was tax month during the 8 obama years too. But this past April generated more surplus. How come?
Posted from my iPhone/Mobile device
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Because of the reasons stated in the article you linked to.
I'd note that in March we spent twice as much as we took in. The country isn't run on a monthly budget Jim. |
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05-10-2018, 09:25 AM
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#10
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by spence
Because of the reasons stated in the article you linked to.
I'd note that in March we spent twice as much as we took in. The country isn't run on a monthly budget Jim.
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I am aware a month is one point, not likely of much significance. I wonder if you'd say the same thing if Ma Barker was in the White House. |
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