3,806
 

Jan 10 - Fed Chairman Powell says he is ‘very worried’ about growing amount of U.S. debt


 


section   (0 bx goons and 1 bystanders) Share this on Twitter       Share this on Facebook
 

 3 months ago '07        #26
DoctorNBA 55 heat pts55
space
avatar space
space
$7,287 | Props total: 5929 5929
 Skateboard T said
...but that's still decreasing the deficit. You said Obama didn't decrease the deficit...yet you literally post numbers that show him decreasing the deficit.

Now you're trying to argue that the problem is he didn't create a surplus, which is correct, but not what your original post was.
He didnt decrease the debt.

 3 months ago '06        #27
Skateboard T 52 heat pts52
space
avatar space
space
$25,358 | Props total: 39590 39590
 DoctorNBA said
He didnt decrease the debt.
But you were talking about the deficit...

 DoctorNBA said
Its been awhile since we had a president who actually knocked down the deficit. Not George W, Not Obama, Not Trump. There's one thing they all have in common I guess.
+1   

 3 months ago '10        #28
Brezzzy 
space
avatar space
space
$6,053 | Props total: 10395 10395
 Skateboard T said
But you were talking about the deficit...
People still don't know the difference between the debt and the deficit.

Amazin'

 3 months ago '06        #29
philly337 27 heat pts27
space
avatar space
space
$32,957 | Props total: 19898 19898
 DoctorNBA said
R u a moron? ALL of these numbers are increasing the deficit. That shows that he is reducing the amount thats increasing the deficit.

If my business loses $10,000 one year and then loses $8,000 the next that doesnt make it a good year lol. Better than the previous but still losing $8k is TERRIBLE.

U must be the world's greatest Optimist lolololol.
Calls me a moron but doesnt know the difference in deficit and debt. Cant make this sh*t up

 3 months ago '06        #30
Skateboard T 52 heat pts52
space
avatar space
space
$25,358 | Props total: 39590 39590
 Brezzzy said
People still don't know the difference between the debt and the deficit.

Amazin'
I think he knows, he's just constantly moving the goal posts. Because when he made that business loss analogy referring to the deficit it was a proper analogy...it just didn't support his point and he tried to pivot to "well he decreased the deficit but he didn't have a surplus". Now we're back to debt lol.
+2   

 3 months ago '06        #31
philly337 27 heat pts27
space
avatar space
space
$32,957 | Props total: 19898 19898
 DoctorNBA said
He didnt decrease the debt.
Lmaoooo shut up dumb a*s. You dont even know the sh*t ur trying to talk about

Nobodyyyy said he had a surplus (took a 1.4 tril deficit to a positive number). I said he decreasee the deficit and got it down to around $400b which he did. That's almost a trillion dollar difference then 09. Now csptain dipsh*t cut taxes across the board (what pays our debt) and people are scratching their head while the deficit is rising back to 1 tril
+1   

 3 months ago '07        #32
DoctorNBA 55 heat pts55
space
avatar space
space
$7,287 | Props total: 5929 5929
 philly337 said
Lmaoooo shut up dumb a*s. You dont even know the sh*t ur trying to talk about

Nobodyyyy said he had a surplus (took a 1.4 tril deficit to a positive number). I said he decreasee the deficit and got it down to around $400b which he did. That's almost a trillion dollar difference then 09. Now csptain dipsh*t cut taxes across the board (what pays our debt) and people are scratching their head while the deficit is rising back to 1 tril
This obviously wouldn't have results at this time. We'll need to check back in 18 months or so. I guess his last spending bill.

 3 months ago '06        #33
philly337 27 heat pts27
space
avatar space
space
$32,957 | Props total: 19898 19898
 DoctorNBA said
This obviously wouldn't have results at this time. We'll need to check back in 18 months or so. I guess his last spending bill.
Lol what? The cuts went into action in 18. My check as well as your has been having less deducted
+1   

 3 months ago '07        #34
DoctorNBA 55 heat pts55
space
avatar space
space
$7,287 | Props total: 5929 5929
 philly337 said
Lol what? The cuts went into action in 18. My check as well as your has been having less deducted
I'm talking about the "trickle down" part and of course, the tariffs.

 3 months ago '06        #35
philly337 27 heat pts27
space
avatar space
space
$32,957 | Props total: 19898 19898
 DoctorNBA said
I'm talking about the "trickle down" part and of course, the tariffs.
Lol why wouldnt? Corporations were getting a 14% tax cut that they were going to trickle down to the little man. This money would be on hand immediatley and spent. They didnt increase wages like they said they would for 2018 and did stock buyback and pocketed the money instead
+2   

 3 months ago '07        #36
DoctorNBA 55 heat pts55
space
avatar space
space
$7,287 | Props total: 5929 5929
 philly337 said
Lol why wouldnt? Corporations were getting a 14% tax cut that they were going to trickle down to the little man. This money would be on hand immediatley and spent. They didnt increase wages like they said they would for 2018 and did stock buyback and pocketed the money instead
Its takes years for expansion to occur in most businesses. In Oil & Gas, we had major expansions in 2018 which will result in more jobs, which will result in more consumer spending, which will result in higher GDP. Our expansion deals are not complete and may not be until 2020.
-1   

 3 months ago '06        #37
Yung Dilla 1584 heat pts1584
space
avatar space
space
$63,919 | Props total: 69300 69300
He should be Trump's bi*ch a*s only bankruptcy three of his companies

 3 months ago '17        #38
Ymmot 13 heat pts13
space
space
space
$11,114 | Props total: 26366 26366
 DoctorNBA said
Its been awhile since we had a president who actually knocked down the deficit. Not George W, Not Obama, Not Trump. There's one thing they all have in common I guess.
The deficit was shrinking at the end of Obama's presidency.
+1   

 3 months ago '07        #39
DoctorNBA 55 heat pts55
space
avatar space
space
$7,287 | Props total: 5929 5929
 Ymmot said
The deficit was shrinking at the end of Obama's presidency.
So, in other words, the national debt was increasing.

Top 10 most propped recently  3 months ago '18        #40
StillSFamilyRep 6 heat pts
space
avatar space
space
$3,020 | Props total: 15310 15310
 Sin said
Nobody has my vote yet, i need to see what their platform and campaign promises are

Off of past history alone he’s my front runner but that could all change once he starts talking platform
You just aren't smart when It comes to choosing who should run the country.

Top 10 most propped recently  3 months ago '18        #41
StillSFamilyRep 6 heat pts
space
avatar space
space
$3,020 | Props total: 15310 15310
 TaxStoneCooked said
Invest in Gold while you can.

Quit buying iPhones and Jordan's.

And if there is a recession you gonna carry all of your gold in your hands?
+2   

Top 10 most propped recently  3 months ago '18        #42
StillSFamilyRep 6 heat pts
space
avatar space
space
$3,020 | Props total: 15310 15310
 Sin said
I think trump a*sumed he’d have the trade deals completed by now and we’d be reaping the benefits from those by now

Before the economy slow down took affect
Your constant caping for Trump is sickening
-1   

 3 months ago '17        #43
Ymmot 13 heat pts13
space
space
space
$11,114 | Props total: 26366 26366
 DoctorNBA said
So, in other words, the national debt was increasing.
The national debt is always increasing.
+1   

 3 months ago '17        #44
Ymmot 13 heat pts13
space
space
space
$11,114 | Props total: 26366 26366
 StillSFamilyRep said
Your constant caping for Trump is sickening
He's not even caping for trump in that post you quoted.
+2   

Top 10 most propped recently  3 months ago '18        #45
StillSFamilyRep 6 heat pts
space
avatar space
space
$3,020 | Props total: 15310 15310
 Ymmot said
He's not even caping for trump in that post you quoted.
He kinda is, he keeps talking like Trump had a plan when Trump never had a plan to begin with. We all know he wings this sh*t fam. He isn't smart like that.


Last edited by StillSFamilyRep; 01-12-2019 at 07:23 AM..
+2   

 3 months ago '06        #46
Kingme 23 heat pts23
space
avatar space
space
$12,580 | Props total: 12590 12590
 StillSFamilyRep said
And if there is a recession you gonna carry all of your gold in your hands?
No, he's going to keep it in fort Knox and create something called a bank note or demand note that can be exchanged for services and/or goods props lmao
+2   

Top 10 most propped recently  3 months ago '18        #47
StillSFamilyRep 6 heat pts
space
avatar space
space
$3,020 | Props total: 15310 15310
 Kingme said
No, he's going to keep it in fort Knox and create something called a bank note or demand note that can be exchanged for services and/or goods props lmao
fu*king dummy thinks its 1950

Just by that statement, you know he's broke or is gonna be broke fu*king investing in that sh*t. MAGATS believe we're going back to the fossil fuel days & gold saves the day

#Bitcoin
+1   

 3 months ago '19        #48
Gold Face 1 heat pts
space
avatar space
space
$2,943 | Props total: 7027 7027
The dollar is doomed hard times ahead in the next 20 years

Never trust bitcoin

Gold backed bitcoin is a possibility

Gold face baby
+2   

 3 months ago '11        #49
Sin 1983 heat pts1983 OP
space
avatar space
space
$29,604 | Props total: 88075 88075
 StillSFamilyRep said
fu*king dummy thinks its 1950

Just by that statement, you know he's broke or is gonna be broke fu*king investing in that sh*t. MAGATS believe we're going back to the fossil fuel days & gold saves the day

#Bitcoin
Bitcoin continues to drop


[pic - click to view]

+1   

 3 months ago '19        #50
Gold Face 1 heat pts
space
avatar space
space
$2,943 | Props total: 7027 7027
 StillSFamilyRep said
fu*king dummy thinks its 1950

Just by that statement, you know he's broke or is gonna be broke fu*king investing in that sh*t. MAGATS believe we're going back to the fossil fuel days & gold saves the day

#Bitcoin
gold standard has been around longer then any other currency

Throughout the course of history it has always reverted back to gold standard

Bitcoin is a joke. Humans will never put their faith in something the average human can’t understand or explain

Picture people in the uneducated parts of town trying to explain bitcoin or where their 7 dollars is


Last edited by Gold Face; 01-12-2019 at 08:23 AM..
+1   

Home      
  





 


 
 




most viewed right now
+85online now  40
Image(s) inside No Plastic Surgery
42 comments
1 day ago
@thotsdimesetc
most viewed right now
+92online now  32
Image(s) inside Nice hot tea >>> coffee 🍵
41 comments
1 day ago
@thotsdimesetc
most viewed right now
online now  25
Apr 21 - Magic Johnson joins Ice Cube’s bid to buy sports networks from Disney
40 comments
22 hours ago
@news
most viewed right now
+39online now  12
Twista is back....💥💥💥💥💥💥ԁ..
78 comments
1 day ago
@hiphop
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy