I am stunned by the collapse of bond prices.

[m.knox]

I disagree since it was Trump and the GOP that killed it.

I disagree since democrats value themselves more when they spend other peoples money. Use your eyes Jeff. Look at what Biden administration has spent so far, and then think about what the left really wanted.

Or are you going to blame Biden's spending on Trump??

 

[KnightWhoSaysNit]

I disagree since democrats value themselves more when they spend other peoples money. Use your eyes Jeff. Look at what Biden administration has spent so far, and then think about what the left really wanted.

Or are you going to blame Biden's spending on Trump??

It amazes me that Dems can blame their political opponents for things they do in spades. And yet it passes right over the minds of lefties who post here. Just goes to show how much they have been manipulated by the MSM. This is a cumulative effect over many years.

 

[m.knox]

It amazes me that Dems can blame their political opponents for things they do in spades. And yet it passes right over the minds of lefties who post here. Just goes to show how much they have been manipulated by the MSM. This is a cumulative effect over many years.

They are so used to dem politicians like Pelosi and Schiff saying just such ridiculous things that they do the very same.

It's like Ned2 claiming Trump is an authoritarian when you have the Biden administration "advising" the military to use non binary terms inside of mom or dad......

 

[PSUEngineer89]

It amazes me that Dems can blame their political opponents for things they do in spades. And yet it passes right over the minds of lefties who post here. Just goes to show how much they have been manipulated by the MSM. This is a cumulative effect over many years.

Not one smart liberal on this board.

Bunch of midwits? Sure.

Truly smart? Hahahaha

 

[bdgan]

The yield on the 10-year touched 3.9% earlier today while the Dow fell more than the Nasdaq. Doesn't make sense.

The dollar rose against foreign currencies, but of course is still in the crapper with domestic inflation. It seems all countries wrote death certificates for their economies.

Global Depression coming. Instability. Riots. War. Nukes.

Brilliant leadership.

Thanks Joe

I'm stunned at the collapse of everything since democrats took control.

Crime
The border
Inflation
The economy
Energy
Schools / test scores
The stock market
International affairs
Supply chain
Productivity
Unity

 

[KnightWhoSaysNit]

Stocks were down considerably today without much of a rise in bond yields. Could be a sign that the time for bonds is coming soon.

 

[bdgan]

I’m very intolerant to intolerant folks, like yourself. I have no love and no understanding of you douchebags. I have 100% contempt for you motherfvckers. If you died tomorrow, I would quite literally open a bottle of wine.

Is that clear enough for you?

You're a disgusting person Paoli.

 

[PSUEngineer89]

You're a disgusting person Paoli.

Paola supports pedophile teachers grooming 8 year olds, as he lied about “don’t say pedophile”

 

[JeffClear]

I disagree since democrats value themselves more when they spend other peoples money. Use your eyes Jeff. Look at what Biden administration has spent so far, and then think about what the left really wanted.

Or are you going to blame Biden's spending on Trump??

Well Trump certainly didn't have any issue with removing the sequester and I don't believe he ever admitted that was a mistake.
The best chance for resuming the sequester is divided government where one party has the WH and the other has congress.
The problem is Trump endorsed candidates can't be trusted.
I'm still hoping the GOP abandons Trump and a new, more rational and sane group of republicans step forward and takes over the party.

 

[m.knox]

Well Trump certainly didn't have any issue with removing the sequester and I don't believe he ever admitted that was a mistake.
The best chance for resuming the sequester is divided government where one party has the WH and the other has congress.
The problem is Trump endorsed candidates can't be trusted.
I'm still hoping the GOP abandons Trump and a new, more rational and sane group of republicans step forward and takes over the party.

Well democrats certainly didn't have any issue with removing the sequester as we have witnessed first hand how much democrats LOVE gubmint spending. It's HAPPINESS to them. Didn't you see them celebrate the inflation increase act with James Taylor playing the guitar? They love government spending so much that they threw a f'ing PARTY.

You should be fretting over your own party, not the good guys.

 

[bdgan]

[/QUOTE]

The problem is Trump endorsed candidates can't be trusted.

Trusted to do what?

 

[JeffClear]

Trusted to do what?
[/QUOTE]
Trusted to run the country. Trump's behavior as president was bad enough but his actions after the election is so objectionable that anyone who isn't completely appalled by his behavior cannot be trusted.

 

[bdgan]

Trusted to do what?

Trusted to run the country. Trump's behavior as president was bad enough but his actions after the election is so objectionable that anyone who isn't completely appalled by his behavior cannot be trusted.
[/QUOTE]
You can never talk objectively about policies and results, can you?

 

[JeffClear]

Well democrats certainly didn't have any issue with removing the sequester as we have witnessed first hand how much democrats LOVE gubmint spending. It's HAPPINESS to them. Didn't you see them celebrate the inflation increase act with James Taylor playing the guitar? They love government spending so much that they threw a f'ing PARTY.

You should be fretting over your own party, not the good guys.

I'm a Republican and as much as Biden spent, the debt to gdp ratio is lower now than when Trump left office.

 

[bdgan]

I'm a Republican and as much as Biden spent, the debt to gdp ratio is lower now than when Trump left office.

Very stupid comment

 

[JeffClear]

Trusted to run the country. Trump's behavior as president was bad enough but his actions after the election is so objectionable that anyone who isn't completely appalled by his behavior cannot be trusted.

You can never talk objectively about policies and results, can you?
[/QUOTE]
I speak the truth, Trump's behavior was unprecedented and completely out of line.
And any politician who supports Trump is either so craven in their desire for power that they are willing to hold their nose and genuflect to Trump or they are complete nutcases and actually believe Trump's lies.

 

[KnightWhoSaysNit]

I speak the truth, Trump's behavior was unprecedented and completely out of line.
And any politician who supports Trump is either so craven in their desire for power that they are willing to hold their nose and genuflect to Trump or they are complete nutcases and actually believe Trump's lies.

Wow you just can't get past Trump. That guy truly owns every thought in your head. If I was in your state I might get myself checked in -- electroshock therapy or something.

 

[junior1]

I'm a Republican and as much as Biden spent, the debt to gdp ratio is lower now than when Trump left office.

ok, I'm not going to look at the numbers because obviously you have already. But, if you're comparing gdp numbers and debt in 2020 when we shut down the economy and spent trillions to combat the virus to today when the economy has been opened for more than a year, that's not even close to being a reasonable comparison

 

[KnightWhoSaysNit]

ok, I'm not going to look at the numbers because obviously you have already. But, if you're comparing gdp numbers and debt in 2020 when we shut down the economy and spent trillions to combat the virus to today when the economy has been opened for more than a year, that's not even close to being a reasonable comparison

And what they always omit is that it was the Democrats pushing to shut down the economy, making it necessary to do a massive money-print. Democrats in the CDC deceived Trump, turning "flatten the curve" into prevention of exposure at any cost. It was Democrats running schools trying to keep them shut down, making it difficult for working parents. Democrats were behind all sorts of expensive policies designed to bring down the Trump Administration, not the least of which was rioting in our cities while those "demonstrators" were paid to stay home to prevent exposure.

I get disgusted when democrats link 2020 to the entire Trump legacy. What happened that year was totally inconsistent with Trumps' pro-business, pro-growth policies. Democrats always accuse their political rivals of the harmful things they are actually doing in spades.

 

[bdgan]

ok, I'm not going to look at the numbers because obviously you have already. But, if you're comparing gdp numbers and debt in 2020 when we shut down the economy and spent trillions to combat the virus to today when the economy has been opened for more than a year, that's not even close to being a reasonable comparison

The same debt is there today and more. But yes, democratic cities were still shut down so of course the debt to GDP ratio was artificially high in 2020.

The debt to gdp ratio was 55 when W became president and it was 73 when he left office. A lot of that was the Iraq war. It grew to 104 under Obama partly due to Afghanistan and Obamacare. After 3 1/4 years Trump's number was "only" 107. Then it spiked to 135 when gdp was halted and covid spending hit. It dropped to 126 by the time Trump left office due to reopening the economy. Now it's 122 due to additional reopening during the last year and a half.

Bottom line: Measuring Trump's performance from a period of shutdowns and covid spending is disingenuous.

 

[bdgan]

Wow you just can't get past Trump. That guy truly owns every thought in your head. If I was in your state I might get myself checked in -- electroshock therapy or something.

I accept that Jeff is appalled by what happened on January 6th. Almost all of us are. The only question is the objectivity of hearings.

The problem is Jeff acted the same way about the Russia hoax, the Ukraine call, etc. He despises everything about Trump and won't let it go. He ignores that Russia was a Democrat lie and that Hunter is being ignored.

He refuses to discuss policies and instead focuses on Trump.

 

[PaoliLion]

I disagree since democrats value themselves more when they spend other peoples money. Use your eyes Jeff. Look at what Biden administration has spent so far, and then think about what the left really wanted.

Or are you going to blame Biden's spending on Trump??

“Spend other people’s money”

most of the national debt is from Republicans. That’s well documented.

 

[Online Persona]

I'm a Republican and as much as Biden spent, the debt to gdp ratio is lower now than when Trump left office.

That's because GDP is now negative

 

[Catch50]

I'm stunned at the collapse of everything since democrats took control.

Crime
The border
Inflation
The economy
Energy
Schools / test scores
The stock market
International affairs
Supply chain
Productivity
Unity

Only an idiot thinks the guy who had the office for four years prior didn't have anything to do with these.
Trump spent more time whining.

 

[m.knox]

“Spend other people’s money”

most of the national debt is from Republicans. That’s well documented.

Most of the spending is from democrats. That's well documented.

For democrats, gubmint spending is happiness..... That's how idiotic you phucktards are.

 

[PaoliLion]

Most of the spending is from democrats. That's well documented.

For democrats, gubmint spending is happiness..... That's how idiotic you phucktards are.

That’s what dumb people think. It’s always been the tax cuts. Your poor ass is subsidized big time.

 

[bdgan]

Only an idiot thinks the guy who had the office for four years prior didn't have anything to do with these.

It's coincidence that it all went to shyt in the last 20 months?

 

[Catch50]

It's coincidence that it all went to shyt in the last 20 months?

My post went right over your head!

 

[KnightWhoSaysNit]

So, getting back to bond yields, is 4% the point that something breaks? Seems like the UK went into emergency reverse mode when they hit 4.5% and the pound fell below 1.1 to the dollar.

Fox Business mentioned the Lehman Brothers collapse and that something similar could be about to break. The speed of this QT is unprecedented just as the size of the year over year money expansion was unprecedented. Somebody has to get pinched in this.

 

[rutgersdave]

I vote for democrats if the Republican candidate is a Trumper.
Oz is a good example of this, I am not voting for a Trumper even if it means voting for a guy who lives in his parents' basement.
And the GOP seems more concerned with bathroom usage and library books than the debt.
And Trump's record on the debt is poor.
And I'm not sure what question you are asking?

The Memo: Michigan appears set to deliver a blow to Trump

Former President Trump is headed to Michigan on Saturday for the latest in a series of campaign rallies. But the event, to be held in Warren, will only sharpen questions about whether Trump’s influence is backfiring against the GOP in general election campaigns. The most prominent candidate...

www.yahoo.com

The most prominent candidate Trump has backed in the Wolverine State, conservative commentator and gubernatorial nominee Tudor Dixon, has lagged incumbent Gov. Gretchen Whitmer (D) by double digits in recent polls.

Not so long ago, Whitmer was a top Republican target. Conservatives believed they could capitalize on discontent with her handling of the COVID-19 pandemic, in particular.


Instead, the GOP has a candidate who hews to a hard-line anti-abortion position, meanders on whether the 2020 election was legitimate, and is suffering from a massive fundraising disadvantage.

When Trump endorsed Dixon in the GOP primary in late July, he promised she was a “Conservative Warrior” who was “ready to take on one of the worst Governors in the nation.”

But even some Republicans don’t think a Trump rally is going to turn things around for Dixon, who trailed Whitmer by 16 points in a poll last week from the Detroit Free Press.

“Here is the problem with these events: What does Trump do? He talks about the candidate he is allegedly there to support for about 60 seconds, he may or may not insult the candidate — as he did with J.D. Vance — and then the rest of it is the Trump Grievance Tour,” said Doug Heye, a former communications director for the Republican National Committee.

 

[Sullivan]

I'm a Republican and as much as Biden spent, the debt to gdp ratio is lower now than when Trump left office.

I find it odd when radical D's register as R's.

 

[Obliviax]

That’s what dumb people think. It’s always been the tax cuts. Your poor ass is subsidized big time.

Tax revenues went up after the tax ‘cuts’

 

[PSUEngineer89]

I find it odd when radical D's register as R's.

They think they're fooling people.

It's silly and speaks to some lack of confidence in their worldview.

@fbh1 pretends to be a Republican.

 

[PaoliLion]

Tax revenues went up after the tax ‘cuts’

Slightly

 

[junior1]

Slightly

But, up is up, right.
pre tax cut the dem argument was that tax revenues would decline. Clearly that was wrong

 

[PaoliLion]

But, up is up, right.
pre tax cut the dem argument was that tax revenues would decline. Clearly that was wrong

Tax cuts don’t pay for themselves - that’s a very well researched topic

 

[Obliviax]

Slightly

then it wasn't a cut

 

[JeffClear]

But, up is up, right.
pre tax cut the dem argument was that tax revenues would decline. Clearly that was wrong

Tax revenues declined from what they would have been if taxes had remained the same.
And Trump said his tax cuts/spending plan would decrease the deficit, which clearly didn't happen.
Trump actually increased the deficit every year he was in office both in total dollars and the debt to GDP ratio.
Compare that to Obama who left with a lower debt to GDP ratio than when he took office.

Federal Budget Receipts and Outlays: | The American Presidency Project

www.presidency.ucsb.edu

 

[Obliviax]

Tax revenues declined from what they would have been if taxes had remained the same.
And Trump said his tax cuts/spending plan would decrease the deficit, which clearly didn't happen.
Trump actually increased the deficit every year he was in office both in total dollars and the debt to GDP ratio.
Compare that to Obama who left with a lower debt to GDP ratio than when he took office.

Federal Budget Receipts and Outlays: | The American Presidency Project

www.presidency.ucsb.edu

yeah, once the pandemic hit. Your position isn't tenable. All revenues would have been down when the pandemic hit, it had nothing to do with Trump's policies.

 

[JeffClear]

yeah, once the pandemic hit. Your position isn't tenable. All revenues would have been down when the pandemic hit, it had nothing to do with Trump's policies.

Even before the pandemic, Trump was increasing the deficit. During the pandemic it skyrocketed.

When Obama left office the annual deficit was 3.4 percent of GDP. After Trump's first year it was 3.8 percent, in 2019 it was 4.6 percent. Once the pandemic hit it went to 14.9 percent in 2020 and 16.7 percent in 2021.

Federal Budget Receipts and Outlays: | The American Presidency Project

www.presidency.ucsb.edu

Remember this is just annual debt to gdp, total debt to GDP is higher than 100 percent.