West Ham Online

One Sunny Day" wrote: ↑05 Jul 2025, 03:38

Nutsin wrote: ↑04 Jul 2025, 17:17

goose wrote: ↑04 Jul 2025, 16:12

yes your're taking on more debt.

the deficit will grow even larger because of this bill. GDP would have to grow something like 50% to get close to break even. lets not pretend that's gonna happen.
outside of the Whitehouse, everybody agrees that the deficit will grown because of this - the consensus is something around $650bn every year.


lets be clear on this, you don't think that businesses have an idea of what goods or raw materials they will be purchasing between now and the end of the year? remember the things you're imported have to be created and then shipped across the world. 

WOW 50% now that’s a big number. You must have a huge arsehole to pull a number that big out of it.

Im done, you’re too stupid to take serious.


Happy 4th!

Were you celebrating 4th of July with your rapist president? 

Nutsin wrote: ↑04 Jul 2025, 17:17

goose wrote: ↑04 Jul 2025, 16:12

Nutsin wrote: ↑04 Jul 2025, 15:45

Because we’re taking on more debt goose.

No, they don’t know how much will be imported or exported yet because trade agreements haven’t been confirmed yet.


Here’s an estimate for you that isn’t used in your numbers. Apparently as of June 25th the US has received 75,000 applications for Trumps Gold Visa card. At $5 mill a piece that brings in $325 Billion.

Who’s to say that number doesn’t double? Then what?

yes your're taking on more debt.

the deficit will grow even larger because of this bill. GDP would have to grow something like 50% to get close to break even. lets not pretend that's gonna happen.
outside of the Whitehouse, everybody agrees that the deficit will grown because of this - the consensus is something around $650bn every year.


lets be clear on this, you don't think that businesses have an idea of what goods or raw materials they will be purchasing between now and the end of the year? remember the things you're imported have to be created and then shipped across the world. 

WOW 50% now that’s a big number. You must have a huge arsehole to pull a number that big out of it.

Im done, you’re too stupid to take serious.


Happy 4th!

Nutsin wrote: ↑04 Jul 2025, 17:17

goose wrote: ↑04 Jul 2025, 16:12

Nutsin wrote: ↑04 Jul 2025, 15:45

Because we’re taking on more debt goose.

No, they don’t know how much will be imported or exported yet because trade agreements haven’t been confirmed yet.


Here’s an estimate for you that isn’t used in your numbers. Apparently as of June 25th the US has received 75,000 applications for Trumps Gold Visa card. At $5 mill a piece that brings in $325 Billion.

Who’s to say that number doesn’t double? Then what?

yes your're taking on more debt.

the deficit will grow even larger because of this bill. GDP would have to grow something like 50% to get close to break even. lets not pretend that's gonna happen.
outside of the Whitehouse, everybody agrees that the deficit will grown because of this - the consensus is something around $650bn every year.


lets be clear on this, you don't think that businesses have an idea of what goods or raw materials they will be purchasing between now and the end of the year? remember the things you're imported have to be created and then shipped across the world. 

WOW 50% now that’s a big number. You must have a huge arsehole to pull a number that big out of it.

Im done, you’re too stupid to take serious.


Happy 4th!

goose wrote: ↑04 Jul 2025, 16:12

Nutsin wrote: ↑04 Jul 2025, 15:45

goose wrote: ↑04 Jul 2025, 15:10

How would they know?
They know what the US imports form each country and the level of tariff by country. That's an easy one to work out. 
They have many many examples of tax cuts throughout the years and the impact - Trumps tax cuts in 2017 is a great benchmark.

simple question for you, if this isn't going to increase the deficit - why do you need to increase the debt ceiling?

Because we’re taking on more debt goose.

No, they don’t know how much will be imported or exported yet because trade agreements haven’t been confirmed yet.


Here’s an estimate for you that isn’t used in your numbers. Apparently as of June 25th the US has received 75,000 applications for Trumps Gold Visa card. At $5 mill a piece that brings in $325 Billion.

Who’s to say that number doesn’t double? Then what?

yes your're taking on more debt.

the deficit will grow even larger because of this bill. GDP would have to grow something like 50% to get close to break even. lets not pretend that's gonna happen.
outside of the Whitehouse, everybody agrees that the deficit will grown because of this - the consensus is something around $650bn every year.


lets be clear on this, you don't think that businesses have an idea of what goods or raw materials they will be purchasing between now and the end of the year? remember the things you're imported have to be created and then shipped across the world. 

Nutsin wrote: ↑04 Jul 2025, 15:45

goose wrote: ↑04 Jul 2025, 15:10

Nutsin wrote: ↑04 Jul 2025, 14:52

I disagree with both, how the fuck do these fearmongerers know either, tax cuts sour growth and we have no idea how much the Tariffs will be yet and how much they will bring in and what the trade agreements are gonna look like.

So tell me how the fuck would they know? 

All they are doing is guessing and using and grossly underestimating any increase in revenue these bring.

But you keep lapping it up like a good little retard why don’t you.

Those of us with half a brain will continue to be long and strong with our investments and cash in while you watch and miss a Golden opportunity to cash in.

Good god what a fuckwit!

How would they know?
They know what the US imports form each country and the level of tariff by country. That's an easy one to work out. 
They have many many examples of tax cuts throughout the years and the impact - Trumps tax cuts in 2017 is a great benchmark.

simple question for you, if this isn't going to increase the deficit - why do you need to increase the debt ceiling?

Because we’re taking on more debt goose.

No, they don’t know how much will be imported or exported yet because trade agreements haven’t been confirmed yet.


Here’s an estimate for you that isn’t used in your numbers. Apparently as of June 25th the US has received 75,000 applications for Trumps Gold Visa card. At $5 mill a piece that brings in $325 Billion.

Who’s to say that number doesn’t double? Then what?

goose wrote: ↑04 Jul 2025, 15:10

Nutsin wrote: ↑04 Jul 2025, 14:52

goose wrote: ↑04 Jul 2025, 09:24

Which bit do you disagree with? The need to raise the debt ceiling or the huge amounts it adds to the deficit?

I would say 'deranged' is looking at the numbers and seeing anything but a deficit increase.
2017 Trump tax cuts increased the deficit by 17% ($114bn) in the first year.

I disagree with both, how the fuck do these fearmongerers know either, tax cuts sour growth and we have no idea how much the Tariffs will be yet and how much they will bring in and what the trade agreements are gonna look like.

So tell me how the fuck would they know? 

All they are doing is guessing and using and grossly underestimating any increase in revenue these bring.

But you keep lapping it up like a good little retard why don’t you.

Those of us with half a brain will continue to be long and strong with our investments and cash in while you watch and miss a Golden opportunity to cash in.

Good god what a fuckwit!

How would they know?
They know what the US imports form each country and the level of tariff by country. That's an easy one to work out. 
They have many many examples of tax cuts throughout the years and the impact - Trumps tax cuts in 2017 is a great benchmark.

simple question for you, if this isn't going to increase the deficit - why do you need to increase the debt ceiling?

Nutsin wrote: ↑04 Jul 2025, 14:52

goose wrote: ↑04 Jul 2025, 09:24

Nutsin wrote: ↑03 Jul 2025, 23:28

More TDS from Reuters I see. Yet you still post their links thinking it’s not propaganda.

Gotta laugh!
Don’t be surprised to learn their gloomy forecast ends up being wrong again.

Poor Goose really is stuck on Stupid.

Which bit do you disagree with? The need to raise the debt ceiling or the huge amounts it adds to the deficit?

I would say 'deranged' is looking at the numbers and seeing anything but a deficit increase.
2017 Trump tax cuts increased the deficit by 17% ($114bn) in the first year.

I disagree with both, how the fuck do these fearmongerers know either, tax cuts sour growth and we have no idea how much the Tariffs will be yet and how much they will bring in and what the trade agreements are gonna look like.

So tell me how the fuck would they know? 

All they are doing is guessing and using and grossly underestimating any increase in revenue these bring.

But you keep lapping it up like a good little retard why don’t you.

Those of us with half a brain will continue to be long and strong with our investments and cash in while you watch and miss a Golden opportunity to cash in.

Good god what a fuckwit!

Nutsin wrote: ↑04 Jul 2025, 14:52

goose wrote: ↑04 Jul 2025, 09:24

Nutsin wrote: ↑03 Jul 2025, 23:28

More TDS from Reuters I see. Yet you still post their links thinking it’s not propaganda.

Gotta laugh!
Don’t be surprised to learn their gloomy forecast ends up being wrong again.

Poor Goose really is stuck on Stupid.

Which bit do you disagree with? The need to raise the debt ceiling or the huge amounts it adds to the deficit?

I would say 'deranged' is looking at the numbers and seeing anything but a deficit increase.
2017 Trump tax cuts increased the deficit by 17% ($114bn) in the first year.

I disagree with both, how the fuck do these fearmongerers know either, tax cuts sour growth and we have no idea how much the Tariffs will be yet and how much they will bring in and what the trade agreements are gonna look like.

So tell me how the fuck would they know? 

All they are doing is guessing and using and grossly underestimating any increase in revenue these bring.

But you keep lapping it up like a good little retard why don’t you.

Those of us with half a brain will continue to be long and strong with our investments and cash in while you watch and miss a Golden opportunity to cash in.

Good god what a fuckwit!

goose wrote: ↑04 Jul 2025, 09:24

Nutsin wrote: ↑03 Jul 2025, 23:28

goose wrote: ↑03 Jul 2025, 21:45 Trump tax bill averts one debt crisis but makes future financial woes worse - https://www.reuters.com/world/us/trump- ... 025-07-03/

More TDS from Reuters I see. Yet you still post their links thinking it’s not propaganda.

Gotta laugh!
Don’t be surprised to learn their gloomy forecast ends up being wrong again.

Poor Goose really is stuck on Stupid.

Which bit do you disagree with? The need to raise the debt ceiling or the huge amounts it adds to the deficit?

I would say 'deranged' is looking at the numbers and seeing anything but a deficit increase.
2017 Trump tax cuts increased the deficit by 17% ($114bn) in the first year.

Nutsin wrote: ↑03 Jul 2025, 23:28

goose wrote: ↑03 Jul 2025, 21:45 Trump tax bill averts one debt crisis but makes future financial woes worse - https://www.reuters.com/world/us/trump- ... 025-07-03/

More TDS from Reuters I see. Yet you still post their links thinking it’s not propaganda.

Gotta laugh!
Don’t be surprised to learn their gloomy forecast ends up being wrong again.

Poor Goose really is stuck on Stupid.

goose wrote: ↑03 Jul 2025, 21:45 Trump tax bill averts one debt crisis but makes future financial woes worse - https://www.reuters.com/world/us/trump- ... 025-07-03/

Nutsin wrote: ↑03 Jul 2025, 18:28

goose wrote: ↑03 Jul 2025, 17:32

Nutsin wrote: ↑03 Jul 2025, 17:23

I prefer to look at these numbers

 

exactly - just getting hung up on a headline.
ignore the estimates and explain the YoY private sector jobs data.

no chance of any July rate cuts by the way so the interest on the debt will keep piling up until september.

President of the Atlanta Fed did a speech as well today:

Key Quotes

• Adjustment of prices to trade and other policies will not be short or simple; it could take a year or more.
• The labour market remains healthy; we do not see signs of serious deterioration.
• The US is likely going to see a period of higher inflation readings.
• Not the right time to shift monetary policy given uncertainty.
• The "wait and see" approach regarding interest rates remains appropriate, particularly given the economy’s resilience.
• There is a risk that high inflation could begin to influence consumer psychology.
• The Fed should consider making a commitment to stable inflation expectations more explicit in its framework.
• Businesses are delaying hiring and investments; expect demand to stagnate or decline if costs continue rising.
• Recent sanguine inflation readings are a result of businesses delaying price increases to get clarity on final tariff levels.

I don’t see anything about the sky falling in.

I don’t see anything about Stagflation

I don’t see any mention of all the Tariff money coming in

I don’t see anything about the Big Beautiful Bill passing into law.

I didn’t see anything about the capital spending boom.


It’s no secret the Fed members dislike Trump. The fact that the FED refuse to lower rates costing the USA more money in servicing the debt is on the Fed not Trump.

Trump is fighting for a fair market place for all countries to compete and trade in if the cost is a temporary rise in the super low inflation numbers Trump has generated with his policies then so be it. The payoff is worth the temporary minimal Uptick.

oil right now is at approx $65 per barrel when Trump was in office in his first term it was in the 30’s so look out that’s a lot of down side risk for the inflationists.


At the end of the day all your fear mongering will be a nothing burger and Trump will continue to stack the wins, the Dems will continue to collapse into desperate chaos and you’ll put a Cap Mong and will disappear from this forum.


Happy Days!

goose wrote: ↑03 Jul 2025, 17:32

Nutsin wrote: ↑03 Jul 2025, 17:23

goose wrote: ↑03 Jul 2025, 16:11

 

Again, do you actually read any of the data that comes out or just jump on the headline?
Jobs growth driven by government employment (state & local) which is largely teaching jobs for next school year. 
Have a look at the private sector employment numbers (weakest since October last year) and average hourly earnings.

Private sector jobs added was 74k vs 136k in June last year.

I prefer to look at these numbers

 

exactly - just getting hung up on a headline.
ignore the estimates and explain the YoY private sector jobs data.

no chance of any July rate cuts by the way so the interest on the debt will keep piling up until september.

President of the Atlanta Fed did a speech as well today:

Key Quotes

• Adjustment of prices to trade and other policies will not be short or simple; it could take a year or more.
• The labour market remains healthy; we do not see signs of serious deterioration.
• The US is likely going to see a period of higher inflation readings.
• Not the right time to shift monetary policy given uncertainty.
• The "wait and see" approach regarding interest rates remains appropriate, particularly given the economy’s resilience.
• There is a risk that high inflation could begin to influence consumer psychology.
• The Fed should consider making a commitment to stable inflation expectations more explicit in its framework.
• Businesses are delaying hiring and investments; expect demand to stagnate or decline if costs continue rising.
• Recent sanguine inflation readings are a result of businesses delaying price increases to get clarity on final tariff levels.

Nutsin wrote: ↑03 Jul 2025, 17:23

goose wrote: ↑03 Jul 2025, 16:11

Nutsin wrote: ↑03 Jul 2025, 15:53 Poor Goose

 

Again, do you actually read any of the data that comes out or just jump on the headline?
Jobs growth driven by government employment (state & local) which is largely teaching jobs for next school year. 
Have a look at the private sector employment numbers (weakest since October last year) and average hourly earnings.

Private sector jobs added was 74k vs 136k in June last year.

I prefer to look at these numbers

goose wrote: ↑03 Jul 2025, 16:11

Nutsin wrote: ↑03 Jul 2025, 15:53 Poor Goose

 

Again, do you actually read any of the data that comes out or just jump on the headline?
Jobs growth driven by government employment (state & local) which is largely teaching jobs for next school year. 
Have a look at the private sector employment numbers (weakest since October last year) and average hourly earnings.

Private sector jobs added was 74k vs 136k in June last year.

Nutsin wrote: ↑03 Jul 2025, 15:53 Poor Goose