Donald Trump on Economic Recovery (1991)

[9erempiree]

Can we make him President already?

https://www.youtube.com/watch?v=Rksd80-FCAw

It is a 50 minute video on an important issue.

I know most people don't have the mental capacity or patience to watch the video but try.

[DonDadda59]

Funny, in 1991 Reagan's successor Bush I was trying to figure out how to deal with the out of control deficit that had more than doubled under his former boss' tenure. The economy was going through a recession (a Bush family tradition :oldlol: ). He had to infamously go back on his promise of "No new taxes" (https://en.wikipedia.org/wiki/Read_my_lips:_no_new_taxes).

By 1999, we had experienced the longest period of economic growth in the post WWII era and had a nice surplus.

Wonder what changed?

Oh right...

http://i2.cdn.turner.com/cnnnext/dam/assets/141003190655-09-bill-clinton-horizontal-large-gallery.jpg

Pre-Troll Trump Knew the Deal (https://www.youtube.com/watch?v=N211jJL_3Cs)

:applause:

[9erempiree]

Bro...you know she was just a First Lady right?

[DonDadda59]

Bro...you know she was just a First Lady right?

Slick Willy was? :confusedshrug:

[Trollsmasher]

Funny, in 1991 Reagan's successor Bush I was trying to figure out how to deal with the out of control deficit that had more than doubled under his former boss' tenure. The economy was going through a recession (a Bush family tradition :oldlol: ). He had to infamously go back on his promise of "No new taxes" (https://en.wikipedia.org/wiki/Read_my_lips:_no_new_taxes).

By 1999, we had experienced the longest period of economic growth in the post WWII era and had a nice surplus.

Wonder what changed?

Oh right...

http://i2.cdn.turner.com/cnnnext/dam/assets/141003190655-09-bill-clinton-horizontal-large-gallery.jpg

Pre-Troll Trump Knew the Deal (https://www.youtube.com/watch?v=N211jJL_3Cs)

:applause:
dot com boom

[Patrick Chewing]

Look at how sweaty and douchey Al Gore looked in that picture.

[DonDadda59]

Look at how sweaty and douchey Al Gore looked in that picture.

Him getting jobbed by the Supreme Court nearly destroyed this country. Endless, destructive, pointless wars and nearly another Great Depression. Thank the good Lord Based Obama saved us from yet another Republican/Bush recession disaster. :bowdown:

[NumberSix]

By 1999, we had experienced the longest period of economic growth in the post WWII era and had a nice surplus.
To be clear, the debt increased under Bill Clinton. What there was was a budget surplus. Congress (in this case a republican congress) makes the budget, not the president.


Wonder what changed?

Oh right...

THE INTERNET

:applause:

Fixed

[ThePhantomCreep]

To be clear, the debt increased under Bill Clinton. What there was was a budget surplus. Congress (in this case a republican congress) makes the budget, not the president.



FixedSo you're saying President Clinton had nothing to do with the surplus, it was all GOP Congress, correct?

So where did their budget wizardry go when GWFailure took over as President? Oh right, straight into the shitter, along with the country.

[Hawker]

dot com boom

Not to mention the surplus is one of the biggest political scams running. The national debt increased every year Clinton was in office. That is a deficit.

[FillJackson]

To be clear, the debt increased under Bill Clinton. What there was was a budget surplus. Congress (in this case a republican congress) makes the budget, not the president.

Yes, there were multiple years of budget surplus. Not sure why you prescribe that to the internet. Overall Debt increased while Debt owed to the public fell.

The deficit reduction act was signed in 1993 under a Democratic Congress. The Republicans didn't take over until 1995 and most Republicans opposed the deficit reduction act that Cinton pushed for. It was called a job killer and what following was a record economic expansion.

[FillJackson]

Can we make him President already?

https://www.youtube.com/watch?v=Rksd80-FCAw

It is a 50 minute video on an important issue.

I know most people don't have the mental capacity or patience to watch the video but try.

I stopped 30 seconds in after the speaker mentioned Trump's success in several industries he would fail at very soon after that hearing.

[poido123]

Funny, in 1991 Reagan's successor Bush I was trying to figure out how to deal with the out of control deficit that had more than doubled under his former boss' tenure. The economy was going through a recession (a Bush family tradition :oldlol: ). He had to infamously go back on his promise of "No new taxes" (https://en.wikipedia.org/wiki/Read_my_lips:_no_new_taxes).

By 1999, we had experienced the longest period of economic growth in the post WWII era and had a nice surplus.

Wonder what changed?

Oh right...

http://i2.cdn.turner.com/cnnnext/dam/assets/141003190655-09-bill-clinton-horizontal-large-gallery.jpg

Pre-Troll Trump Knew the Deal (https://www.youtube.com/watch?v=N211jJL_3Cs)

:applause:




You are so desperate to pull Trump down :oldlol:


Get use to it, he will be YOUR president :roll:

[FillJackson]

Can we make him President already?

https://www.youtube.com/watch?v=Rksd80-FCAw

It is a 50 minute video on an important issue.

I know most people don't have the mental capacity or patience to watch the video but try.

What impresses you about this video?

[Hawker]

Yes, there were multiple years of budget surplus. Not sure why you prescribe that to the internet. Overall Debt increased while Debt owed to the public fell.

The deficit reduction act was signed in 1993 under a Democratic Congress. The Republicans didn't take over until 1995 and most Republicans opposed the deficit reduction act that Cinton pushed for. It was called a job killer and what following was a record economic expansion.

While intragovernmental debt increased. Public debt fell only because of surpluses in off-budget items (the reason why a budget surplus can even be claimed) such as social security and other trust funds like medicare, unemployment, military etc. All that money has to be paid back to said funds plus interest...and guess what all that money has to go back to the public at some point. It's deceiving as it's claiming borrowed money as income.

[NumberSix]

So you're saying President Clinton had nothing to do with the surplus, it was all GOP Congress, correct?

So where did their budget wizardry go when GWFailure took over as President? Oh right, straight into the shitter, along with the country.
Yeah, W. was a big spender. Not sure what that has to do with anything though. Nobody was in here blowing the George W. Bush trumpet.

[Long Duck Dong]

dot com boom

But Al Gore said he created the internet :confusedshrug:

So isn't it still a W for the Clintons?

[ThePhantomCreep]

Yeah, W. was a big spender. Not sure what that has to do with anything though. Nobody was in here blowing the George W. Bush trumpet.


Congress (in this case a republican congress) makes the budget, not the president.

:confusedshrug:

[NumberSix]

:confusedshrug:
What are you confused about?

[9erempiree]

Watch it people.

[9erempiree]

you have to destroy the FED or make it a real federal agency owned by the government.
The Federal reserve is owned by the richest bankers in the world and print money out of thin air.
then lend it to the US government with interest. so the US has to pay back the money AND the interest. so there is always more debt than there is money in circulation. thats why the debt is going out of controll like that.
thats why they raise taxes. it all goes STRAIGHT to the FED shareholders:coleman:

I already know this buy it needs to be repeated.

[FillJackson]

I already know this buy it needs to be repeated.
How do you "know" something that is utter bullshit.

Fed profits go directly to the US Treasury. A record 98 billion last year (http://www.wsj.com/articles/fed-sent-record-97-7-billion-in-profits-to-u-s-treasury-in-2015-1452531787).

[Dresta]

Cutting welfare spending was the best thing Clinton ever did. Funny though, liberals who favour a large welfare state seem to luurrrve Bill Clinton, while haaating George W. Bush (who spent loads of money on welfare in his phony attempt at "compassionate conservatism").

It's almost as if these people knew nothing about politics...oh wait.