Rethink your job search and find opportunities for experienced workers with AARP’s job board.

Reply
Treasured Social Butterfly
0
Kudos
900
Views

Re: NATIONAL DEBT

900 Views
Message 1 of 9

@afisher wrote:

    The so called fiscal conservatives have become the biggest liars as the debt for which they would shut down the FED in previous adminstrations now ignore the topic entirely.   


Do you all remember the cries of the Republicans when they were appalled by the debt and used to scream what about our children and grandchildren, they will pay for this debt. how terrible? Apparently now, the debt is not a problem any longer for their children and grandchildren, I guess that they will be ok. LOL

Report Inappropriate Content
0
Kudos
900
Views
Valued Social Butterfly
0
Kudos
912
Views

Re: NATIONAL DEBT

912 Views
Message 2 of 9

President Trump will save us , he's doing a great job for the top 1% so far.

Report Inappropriate Content
0
Kudos
912
Views
Valued Social Butterfly
2
Kudos
935
Views

Re: NATIONAL DEBT

935 Views
Message 3 of 9

: NATIONAL DEBT

 

 

Quantitative easing just ended in Europe and will end in the US in 2020, we will run a trillion dollars a year or more in deficits and interest rates are rising, expect 3 1/2 percent in 2020.

 

 

We're in the ninth year of economic expansion and wages still haven't recovered from 2008.

 

 

Expect low or negative economic growth and or recession in the next year or two and inflation as interest rates rise.

 

 

Stagflation.

 

 

Sell during periods of euphoria and buy during periods of panic, but most people should just keep their money somewhere safe.

 

 

The period of quantitative easing that has buoyed Wall Street will soon be over, the flow of cash will slow, money will get tight, and interest rates will go up

 

 

We, the entire world, will enter a period similar to the 1930s, wealth inequality, populism, and war, typical Kondratiev Wave with the impending doom of man made climate change and possibly a mass extinction event on the horizon.

 

 

We won't live to see it?

 

 

Some of us probably will.

Report Inappropriate Content
2
Kudos
935
Views
Treasured Social Butterfly
2
Kudos
946
Views

Re: NATIONAL DEBT

946 Views
Message 4 of 9

"Amazon's total earnings have easily topped its losses — many times over. But some of Amazon's earnings came from sales outside the United States, on which Amazon paid either lower or no US taxes."

 

You don't think it's odd that Mom & Pop operations pay more in taxes than Amazon?

 

The difference - Mom & Pop don't have lobbyists to write new tax laws.

corporate tax break.jpg

 

Report Inappropriate Content
2
Kudos
946
Views
Valued Social Butterfly
0
Kudos
950
Views

Re: NATIONAL DEBT

950 Views
Message 5 of 9

@gordyfl 

 

RE:  Amazon Taxes

 

And here is why -  which part do you have a problems with ?

 

https://www.cnn.com/2019/02/15/tech/amazon-federal-income-tax/index.html

 

What line on a Corporate Tax Form indicates "profit"?

* * * * * * It’s Always Something - Roseanne Rosannadanna
Report Inappropriate Content
0
Kudos
950
Views
Treasured Social Butterfly
2
Kudos
964
Views

Re: NATIONAL DEBT

964 Views
Message 6 of 9

Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits


This tax-free break comes even though Amazon almost doubled its U.S. profits from $5.6 billion to $11.2 billion between 2017 and 2018.


http://fortune.com/2019/02/14/amazon-doesnt-pay-federal-taxes-2019/?xid=gn_editorspicks&fbclid=IwAR1...

amazon no taxes.png

 

Report Inappropriate Content
2
Kudos
964
Views
Valued Social Butterfly
0
Kudos
988
Views

Re: NATIONAL DEBT

988 Views
Message 7 of 9

Great Fiscal Policy - Cut Taxes for the Insanely Wealthy , who enjoy all the luxuries our Nation has to offer , but don't ask them to pay their fair share.

Then the Far Right Plutocrats cry that our Social Security , Medicare and Medicaid is just too costly !

Trump supporter's , who aren't Wealthy , are so bamboozled !!

Report Inappropriate Content
0
Kudos
988
Views
Valued Social Butterfly
2
Kudos
999
Views

Re: NATIONAL DEBT

999 Views
Message 8 of 9

    The so called fiscal conservatives have become the biggest liars as the debt for which they would shut down the FED in previous adminstrations now ignore the topic entirely.   

PRO-LIFE is Affordable Healthcare for ALL .
Report Inappropriate Content
2
Kudos
999
Views
Valued Social Butterfly
1
Kudos
1032
Views
8
Replies

NATIONAL DEBT

1,032 Views
Message 9 of 9

https://www.yahoo.com/finance/news/national-debt-effect-americans-223401667.html 

Remember when President Trump said he will reduce the national debt " Big League " ? How is that gonna work out ?

Report Inappropriate Content
1
Kudos
1032
Views
8
Replies