Discussion in 'Free Speech Alley' started by Rex, Oct 12, 2017.
So do you invest and get returns from the stock market or the tooth fairy?
West Texas A&M.
No, he wasn't, liar. He was specifically referring to the national debt.
Your reading comprehension is very bad.
Stop embarrassing yourself. You might score points with the Kikicacas and Froglegs of this world, but not with intelligent people.
He said the stock markets gains "So you could say, in one sense, we’re really increasing values. And maybe in a sense, we’re reducing debt. But we’re very honored by it,”
If peoples values increase, most of the time, they pay more taxes...
"Maybe" speaking to tax revenue/GDP.
REFUTE IT PLEASE.
Its called Debt to GDP ratio.
Incase you were wondering.
You can't think of the national debt as a number in isolation, but relative to something, like the GDP. Trump's policies are going to significantly increase your standard of living so How about trying for just one day to be positive and supportive towards your President. It will be healthy for you n you'll feel much better.
And you say it's I with the reading comprehension problem? LMAO
He specifically says that his Administration has possibly reduced ("picked up") the entire national debt in his nine months because $5.2 trillion was already such a big part of the $10 trillion Obama added.
- It's clear from "eight years" that he was talking about Obama, and it's also clear that he was talking about the national debt because under Obama it grew from $10 trillion to $20 trillion.
- Stock market levels are not a part of GDP, which is a measure of goods and services produced. It's true that higher stock values will give a stock seller more with which to purchase, IF HE SELLS HIS STOCK, but then only the profit on the sale adds to the GDP, IF HE SPENDS IT on goods or services instead of reinvesting in some other market exchange stocks.
- In the United States, gains from stock sales are taxed.... typically at 15%. Only the taxes collected on capital gains affects the Federal government's debt, i.e. the national debt.
Do you know what a gain on a stock is?
Well, that's certainly true, but it's certainly not the point Trump was making.