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Forum - Wall Street Pit    Stock Due Diligence for All

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From: supadupa (Rep: 70) reply to alectricDate: 03/19/2017 14:21
Forum: Wall Street Pit - Msg #2666472Thread #673914763 (Rec: 0)
Re: David Stockman: Trump Will Create a Debt Crisis Like Never Before...agree...

Yes.....the answer is. THAT IS THE PAST. Yes, they were reckless......THEN.

But when they are RECKLESS NOW.....you should be critical.

The sources (besides MSNBC) are people on YOUR TEAM criticizing the fiscal irresponsibility of Donald Trump. Ronald Regan would be rolling in his grave.

Don't be hypocrites.


We are talking about NOWWW.



Oh, while you're talking PAST. Much of those deficit numbers are numbers left over by the UNPAID (China Credit Card) GW Bush wars.



Yup...



Reply to alectric - Msg #2666468 - 03/19/2017 14:05

Re: David Stockman: Trump Will Create a Debt Crisis Like Never Before...agree with what he says, but what does he mean by "They’ve burned up all the cash that Obama left on the balance sheet for whatever reason.” There was a deficit of $587B for FY 2016. With unemployment at 4.7%, you'd think we'd have a surplus by now, just like under the Clinton administration:

Deficits in billions
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
$161 $458 $1,413 $1,294 $1,295 $1,087 $679 $485 $438 $587
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