American Politics

[QUOTE=Elvis2008;3017412][URL]https://townhall.com/tipsheet/saraharnold/2025/07/11/budget-surplus-n2660257[/URL]

The USA Government surprised observers by posting its first budget surplus in over nine years this June, defying expectations of another monthly deficit. However, when accounting for calendar adjustments, the deficit has actually dipped by about 1%. Year-to-date, federal revenues are up 7 percent, while spending has increased by 6 percent. Tariff revenues grew to a record $27.2 billion in June producing a $27 billion federal budget SURPLUS for the month.

[URL]https://www.zerohedge.com/personal-finance/us-home-prices-plunge-3rd-straight-month[/URL]

Home prices in America's 20 largest cities fell for the 3rd straight month in May (the latest data available from S&P CoreLogic's Case-Shiller data released this morning).

You and your fellow Democrat douche economists said that Trump's tariffs were going to wreck the economy and cause sky high inflation, yet here is the biggest expense in most people's lives and prices are not just not going up, they are going down and down hard.

Now if Fed chairman Powell had read his own studies and cut rates like he should have instead of listening to doom and gloomers like you, the unthinkable could happen. Tariffs are estimated at between $300 and $700 billion in revenues, then you have $200 billion in savings from DOGE, and given the market taking off, there should be a huge surge in capital gains taxes. And if Powell had pulled his head out of his ass and lowered rates, interest payments on our debt could go down by as much as $500 billion. Add it all up and you know what there is to see? Something I never would have dreamed is possible on the horizon, a potentially balanced federal budget.

That would benefit even a parasite like you. So I guess the question now is Tooms, do you hate Trump so much that you are so selfish with your own feelings that you cannot see what he may accomplish that might even benefit you?

So can you give the anti-Trump rhetoric a rest and just give it a few months and see what gives? Nah, that will never happen. You are such an asshole that you would rather the country have a $2 trillion deficit and have the country in recession so you could be "right" about Trump. Do you get that you and the Democratic douche bullshit rhetoric about inflation has actually hurt the country?[/QUOTE]Do you get that you and the Democratic douche bullshit rhetoric about inflation has actually hurt the country?

They do what they do and say what they say because they HATE the USA And they want us to fail they want us to be a 3rd world shithole.

ET Spidy and Goatscrotum all hate us they couldn't cut it here so they took their pennies to some 3rd world shithole with cheap putas that would let them stay indefinitely!!

They are all traitors If I was president I would revoke their passports and SS checks.

Let's add "not binding", "non-binding", "expressed interest in" and "pledge" to "groceries" for words and phrases that confuse and confound Donald J. Trump.

And possibly that overly effusive and slobberingly pro-Trump NYT editorialist, too.

[B]Trumps EU deal is based on big energy purchases that are unlikely, analysts say[/B]

[URL]https://www.cnbc.com/2025/07/29/trump-eu-trade-deal-energy-gas-oil-lng-nuclear.html?__source=androidappshare[/URL]

[QUOTE]The European Union has pledged to buy $750 billion of energy from the U.S. in exchange for a lower tariff rate under its trade deal with President Donald Trump.

But the bloc would have to triple its annual energy imports from the U.S. to meet the purchase target.

Energy analysts say the pledge is unrealistic due to market and political constraints.

But the $600 billion investment in the U.S. is [b]not binding[/b] on EU member states or companies. [B]The European Commission, the blocs executive body, simply said that companies have expressed interest in investing at least that amount in the U.S by 2029.[/b]

The massive energy purchases in the deal are unrealistic due to market and political constraints, analysts said. The EU cannot force member states and companies to buy U.S. energy just as the Trump administration cannot force producers to sell to Europe, said Mathieu Utting, an analyst at Rystad Energy.
............
[B]"This is non-binding. Its a pledge,[/b] said Erik Brattberg, an expert on Europe at the Atlantic Council, a think-tank with a focus on international affairs.[b] The EU itself doesnt buy energy. It would be member states or companies from member states.[/b]

A White House official told CNBC on Tuesday that Trump expects the EU to abide by its commitments under the deal.
[/QUOTE]

[QUOTE=Elvis2008;3017418]God is that stupid. The biggest expense with solar and wind are upfront costs which means the economic viability of solar and wind are interest rate dependent. The higher the interest rates, the less solar and wind make sense. And the prices of natural gas and oil and coal are not static. And wind and solar vary tremendously based on where they are placed. Wind in West Texas makes sense. In places with little wind, it does not. In the desert, solar makes sense. In frequently cloudy Germany, putting in solar panels was one of the dumbest things I had ever heard of.

And given all the variables, saying something is 41 to 53% cheaper is just as dumb. With what interest rate? With what gas or coal price? Where are the plants being built?

But the German solar plants may have been smart in comparison to China building wind mills and solar farms to power the cities no one lives in.

So the UN saying things are cheaper ranks up there with the millions of deaths caused by cutting USAID funding. It is a worthless exercise. It is mental masturbation masquerading as fact.

Given that natural gas plants cost so little up front and wind and solar cost so much up front, the best thing that could happen for an alternate energy humper like you would be for interest rates to come down which ironically you Democratic douches do not want. When we borrow so much as we did under Biden and print money to pay for things, inflation goes up and then rates go higher. If you balance the budget and do not have to print as much money, inflation is tame.

But you would rather have a $2 trillion dollar deficit than have Trump balance the budget. That you Democratic keep shooting yourself in the foot though is no surprise. At this point, it is expected.[/QUOTE]Trump balance the budget? GMAFB. The ultraconservative Cato Think Tank thinks "The Big Beautiful Bill" will add as much as $4 trillion to the national debt. That TRILLION with a T.

[URL]https://www.cato.org/blog/senates-big-beautiful-blunder-could-increase-debt-6-trillion[/URL]

[QUOTE=MiamiSammy;3017496]Trump balance the budget? GMAFB. The ultraconservative Cato Think Tank thinks "The Big Beautiful Bill" will add as much as $4 trillion to the national debt. That TRILLION with a T.

[URL]https://www.cato.org/blog/senates-big-beautiful-blunder-could-increase-debt-6-trillion[/URL][/QUOTE]You would think after Covid you Democratic douches would have learned something about "experts". You must have taken that stupid Covid line about not doing your own research to heart.

Per YOUR article, the latest Congressional Budget Office (CBO) ESTIMATE, the Senate bill adds $3. 4 trillion to the deficit over 10 years on a current law basis, assuming provisions expire as scheduled.

[URL]https://www.sciencedirect.com/science/article/abs/pii/S0362331902002586[/URL]

In 1993 the Congressional Budget Office projected a fiscal 1998 deficit of $357 billion; the actual 1998 fiscal budget had a surplus of $63 billion.

[QUOTE=MiamiSammy;2958052]Anyone using Newsmax or Breitbart as a "source" doesn't understand the meaning of a "credible source".[/QUOTE]If you want to be right about anything, maybe try looking more at objective data and a little less at who is presenting the data.

And maybe just maybe you life will be enhanced knowing the difference between what a fact is and what an estimate is. We are in surplus RIGHT NOW! Anyone from Cato or CBO predict that?

It just amazes me how arrogant you dumb douches are when you are so wrong about so much and you never own anything. You probably still believe Russiagate was real and Fauci is God.

[QUOTE=Elvis2008;3017412][URL]https://townhall.com/tipsheet/saraharnold/2025/07/11/budget-surplus-n2660257[/URL]

The USA Government surprised observers by posting its first budget surplus in over nine years this June, defying expectations of another monthly deficit. However, when accounting for calendar adjustments, the deficit has actually dipped by about 1%. Year-to-date, federal revenues are up 7 percent, while spending has increased by 6 percent. Tariff revenues grew to a record $27.2 billion in June producing a $27 billion federal budget SURPLUS for the month.

[URL]https://www.zerohedge.com/personal-finance/us-home-prices-plunge-3rd-straight-month[/URL]

Home prices in America's 20 largest cities fell for the 3rd straight month in May (the latest data available from S&P CoreLogic's Case-Shiller data released this morning).

You and your fellow Democrat douche economists said that Trump's tariffs were going to wreck the economy and cause sky high inflation, yet here is the biggest expense in most people's lives and prices are not just not going up, they are going down and down hard.

Now if Fed chairman Powell had read his own studies and cut rates like he should have instead of listening to doom and gloomers like you, the unthinkable could happen. Tariffs are estimated at between $300 and $700 billion in revenues, then you have $200 billion in savings from DOGE, and given the market taking off, there should be a huge surge in capital gains taxes. And if Powell had pulled his head out of his ass and lowered rates, interest payments on our debt could go down by as much as $500 billion. Add it all up and you know what there is to see? Something I never would have dreamed is possible on the horizon, a potentially balanced federal budget.

That would benefit even a parasite like you. So I guess the question now is Tooms, do you hate Trump so much that you are so selfish with your own feelings that you cannot see what he may accomplish that might even benefit you?

So can you give the anti-Trump rhetoric a rest and just give it a few months and see what gives? Nah, that will never happen. You are such an asshole that you would rather the country have a $2 trillion deficit and have the country in recession so you could be "right" about Trump. Do you get that you and the Democratic douche bullshit rhetoric about inflation has actually hurt the country?[/QUOTE][URL]https://www.youtube.com/watch?v=z8c9AMuRLzo[/URL]

[QUOTE=MarquisdeSade1;3017449]You post a picture of a white woman missing teeth? Really Sour Grapes much, really? Instead of your 3rd world shithole (I wonder if the admin will allow me to post pics of Asians mocking them?

You are constantly fluffing and rimming Xi here publicly, you vehemently hate America and Americans.

You are a traitor and a disgrace.

Thank you with all my heart for leaving!!

Quite bizarre you left your country of birth 12+ yrs only to spend hours a day "hating on it" via ISG.

You need to take your fucking meds!! You are one sick fucking dude!![/QUOTE]That is a lady whose mental state and sentiment about your lord and savior is identical to yours and what do you do?

You rag on her race and looks!

So cruel. So unappreciative of your and her shared hopes and dreams for the future.

We all know Trump himself would never want to touch her or you since he has always seen his Cult Followers as "disgusting" and recently characterized them as "stupid weaklings".

But try to have a little more respect for yourself and your fellow Trump Cultists than to make fun of them the way your lord and savior does.

But but but the Orange Jesus made those bad ol' importing countries give every American Working Man and Woman Consumer a big chunk of the extra $27 Billion those countries are sending us with every imported item!

This can't really be happening. That extra money those countries are paying us should be making it easier for American Consumers to buy those products. And Child-Care. And gold toilets. And everything we will ever want.

That's what Trump and his Trump Cult Follower Economists told us. So it must be true.

[B]Cramer says earnings misses show Trump tariffs are hitting consumers.[/B]

[URL]https://www.cnbc.com/2025/07/29/jim-cramer-earnings-misses-show-consumers-are-feeling-tariff-impact.html?__source=androidappshare[/URL]

[QUOTE]UPS, Whirlpool, and Stanley Black & Decker reported weak quarterly results, which Jim Cramer attributed to the impact of tariffs and a slowdown in consumer spending.

[B]Long story short: today was a wake-up call, he said. The tariffs, even reduced tariffs, are starting to roil things. The consumers not spending as much as I thought. There is an acknowledged slowdown there.[/b][/QUOTE][B]Adidas slumps 6% as sportswear giant warns tariffs to drive up U.S. prices.[/B]

[URL]https://www.cnbc.com/2025/07/30/adidas-ads-earnings-q2-2025.html?__source=androidappshare[/URL]

[QUOTE]Adidas said Wednesday that it had faced a double-digit million euro hit from U.S. tariffs in the second quarter.

The sports retailer said that [b]added costs associated with tariffs could total 200 million euros ($231 million) in the second half of this year.

The company also flagged potential risks to consumer demand should U.S. tariffs set off a surge in inflation.[/b][/QUOTE]

In 2024, the last year of the Biden administration, the USA Trade deficit stood at $1.2 trillion. $1,200,000. Nobody knows what it be at the end 2025, but the trade deficit is down 11 percent in one month, June, so fucking do the math! Trump is winning!

[QUOTE=Elvis2008;3017505] If you want to be right about anything, maybe try looking more at objective data and a little less at who is presenting the data.

And maybe just maybe you life will be enhanced knowing the difference between what a fact is and what an estimate is. We are in surplus RIGHT NOW! Anyone from Cato or CBO predict that?

It just amazes me how arrogant you dumb douches are when you are so wrong about so much and you never own anything. You probably still believe Russiagate was real and Fauci is God.[/QUOTE]

[QUOTE=AxelHeyst;3017581][B]The US Trade Deficit[/b]
In 2024, the last year of the Biden administration, the USA Trade deficit stood at $1.2 trillion. $1,200,000. Nobody knows what it be at the end 2025, but the trade deficit is down 11 percent in one month, June, so fucking do the math! Trump is winning![/QUOTE]In fact, the math has been done many, many times by the best economists on the planet; Trump is an idiot.

[B]Trade Deficit: Definition, When It Occurs, and Examples.
April 7, 2025[/B]

[URL]https://www.investopedia.com/terms/t/trade_deficit.asp[/URL]

[QUOTE][b]Advantages of Trade Deficits[/b]

The most obvious benefit of a trade deficit is that it allows a country to consume more than it produces. In the short run, trade deficits can help nations to avoid shortages of goods and other economic problems.[/QUOTE][B]No, that's not what a trade deficit means and that's not how you calculate other nations tariffs.
April 4, 2025[/B]

[URL]https://theconversation.com/no-thats-not-what-a-trade-deficit-means-and-thats-not-how-you-calculate-other-nations-tariffs-253830[/URL]

[B]Theres No Such Thing as a Trade Deficit.
July 30, 2018[/B]

[URL]https://www.cato.org/blog/theres-no-such-thing-trade-deficit[/URL]

[QUOTE]To speak of trade surpluses or deficits is utterly nonsensical, or at the very least a corruption of the term trade that incorrectly uses it as a synonym for exports. Trade, however, comprises both selling and buying, both exports and imports. The amount of trade between two countries (or any other group of entities) is the sum of their exports and imports. Given that both sides engage in the same amount of bilateral tradethat is to say, the same total of exporting and importinga trade deficit is a mythical beast and logical impossibility. Perhaps we can speak of net exports or net imports, or export deficits and import surpluses as well as their reverse, but trade deficit should be regarded as a term devoid of real meaning.[/QUOTE][B]"The Trade Deficit Isnt an EmergencyIts a Sign of Americas Strength, Writes BU Economist
Tarek Alexander Hassan says the US trade deficit shows the countrys financial and technological ascendancy and that high tariffs may erode pillars of American economic dominance.
April 8, 2025[/B]

[URL]https://www.bu.edu/articles/2025/trade-deficit-is-a-sign-of-americas-strength/[/URL]

[QUOTE][b]The Trade Deficit Is the Flip Side of an Investment Magnet[/b]

A trade deficit sounds bad, but it is neither good nor bad.

It doesnt mean the US is losing money. It simply means foreigners are sending the US more goods than the US is sending them. America is getting more cheap goods, and in return it is giving foreigners financial assets: dollars issued by the Federal Reserve, bonds from the US government and American corporations, and stocks in newly created firms.

That is, a trade deficit can only arise if foreigners invest more in the US than Americans invest abroad. In other words, a country can only have a trade deficit if it also has an equally sized investment surplus. The US is able to sustain a large trade deficit because so many foreigners are eager to invest here.[/QUOTE]

[QUOTE=MarquisdeSade1;3017521][URL]https://www.youtube.com/watch?v=z8c9AMuRLzo[/URL][/QUOTE]What is wrong with the one Party that has produced and presided over every Great Economic Recovery, Great Economic Expansion and Historic Jobs Creation of the past 100 years, including the most recent one when Biden-Harris recovered America from the Worst President in USA History's Colossal Economic Disaster and Historic Jobs Losses and turned it into The Envy of the World Economy, and none of the Great Depressions, Great Recessions and Historic Jobs Destruction?

What in the world is WRONG with that Party?!

Why can't they be more like the Republican Party, the party that has produced and presided over every Great Depression, Great Recession and Historic Jobs Losses of the past 100 years, including the most recent one by The Worst President in USA History, Donald J. Trump, and none of the Great Recoveries, Great Economic Expansions and Historic Jobs Creation?

Why oh why? The MAGAs want to know?

And what's with the Dems proposing, fighting for and passing all those now beloved and cherished American programs like Social Security, Medicare, Medicaid, Unemployment Insurance, The Affordable Care Act, the Chips and Science Act, the Infrastructure Bill, etc, etc, etc, when they controlled the WH, the House and the Senate while the Repubs proposed, fought for and passed nothing under the same circumstances except, oh, stuff like The Big Beautiful Fuck Everybody But Billionaires Act?

Seriously. What is wrong with the Democratic Party and why can't they be more like the Know Nothing, Do Nothing Repub Party?

[QUOTE=EihTooms;3017527]That is a lady whose mental state and sentiment about your lord and savior is identical to yours and what do you do?

You rag on her race and looks!

So cruel. So unappreciative of your and her shared hopes and dreams for the future.

We all know Trump himself would never want to touch her or you since he has always seen his Cult Followers as "disgusting" and recently characterized them as "stupid weaklings".

But try to have a little more respect for yourself and your fellow Trump Cultists than to make fun of them the way your lord and savior does.[/QUOTE][URL]https://www.nytimes.com/2025/07/30/opinion/christian-influencers-diet-culture-women.html[/URL]

Again, Thank you for leaving, and please never return!!

I'm sure all those that invaded California, so appreciate it as well.

I really pity Thailand!!

And Thank You for destroying the Democratic Party and helping Our Lord and Savior win 3 x, dirtbags like you are the reason people elected him 3 x!!

The future for MAGA looks great, the future for the likes of you, not so much ROTFLMMFAO.

[QUOTE=EihTooms;3017552]But but but the Orange Jesus made those bad ol' importing countries give every American Working Man and Woman Consumer a big chunk of the extra $27 Billion those countries are sending us with every imported item!

This can't really be happening. That extra money those countries are paying us should be making it easier for American Consumers to buy those products. And Child-Care. And gold toilets. And everything we will ever want.

That's what Trump and his Trump Cult Follower Economists told us. So it must be true.

[B]Cramer says earnings misses show Trump tariffs are hitting consumers.[/B]

[URL]https://www.cnbc.com/2025/07/29/jim-cramer-earnings-misses-show-consumers-are-feeling-tariff-impact.html?__source=androidappshare[/URL]

[B]Adidas slumps 6% as sportswear giant warns tariffs to drive up U.S. prices.[/B]

[URL]https://www.cnbc.com/2025/07/30/adidas-ads-earnings-q2-2025.html?__source=androidappshare[/URL][/QUOTE]Adidas is a German company!

[QUOTE=EihTooms;3017552]But but but the Orange Jesus made those bad ol' importing countries give every American Working Man and Woman Consumer a big chunk of the extra $27 Billion those countries are sending us with every imported item![/QUOTE]You are not in the USA Loony Tooms so there is no us.

This can't really be happening. That extra money those countries are paying us should be making it easier for American Consumers to buy those products. And Child-Care. And gold toilets. And everything we will ever want.

[QUOTE=EihTooms;3017552]Adidas slumps 6% as sportswear giant warns tariffs to drive up U.S. prices.[/QUOTE]That you care more about Adidas than American tax revenues makes you a traitor.

[QUOTE=EihTooms;3017552]Let's add "not binding", "non-binding", "expressed interest in" and "pledge" to "groceries" for words and phrases that confuse and confound Donald J. Trump.

And possibly that overly effusive and slobberingly pro-Trump NYT editorialist, too.

Trumps EU deal is based on big energy purchases that are unlikely, analysts say[/QUOTE]The NYT is pro-Trump? OMG.

In the context of ideas, the country benefits from noble opposition. When Clinton and Gingrich went at it, the country benefitted. And now?

[URL]https://legalinsurrection.com/2025/01/speaker-johnson-biden-wasnt-running-the-country/[/URL]

Johnson sought a meeting to address pressing national security concerns and issues related to liquified natural gas (LNG) exports, a significant concern for his constituents in Louisiana. However, he described President Biden as "stunned and surprised" by an executive order the president himself had signed, effectively killing LNG, appearing unaware of its implications.

"Can I ask you a question? I cannot answer this from my constituents in Louisiana," Johnson recalled telling Biden. "Sir, why did you pause LNG exports to Europe? Liquefied natural gas is in great demand by our allies. Why would you do that? Cause you understand we just talked about Ukraine, you understand you are fueling Vladimir Putin's war machine, because they got to get their gas from him. ".

Biden, according to Johnson, was stunned. "I didn't do that," Biden said. Johnson responded, "Mr. President, yes you did. It was an executive order like three weeks ago. " Biden continued to deny that he paused the LNG exports. At that point, Johnson suggested that the president ask the president's secretary to print out the executive order, so the two could read it together.

The conversation seemed to startle both the Speaker and the President, but for different reasons:

In this exchange, Johnson said he realized that Biden was not lying to him. "he genuinely did not know what he had signed," Johnson said. "And I walked out of that meeting with fear and loathing because I thought, "We are in serious trouble—who is running the country?" Like, I don't know who put the paper in front of him, but he didn't know. ".

End of link.

So while you are griping Trump might not sell that much energy to Europe, Democrats, the completely incompetent opposition, banned the sale of US LNG to Europe. You Democratic idiots literally made Russia stronger and the USA and Europe weaker. That was your fucking stupid plan?

And what gets me is what was the reason? Some dumb ass position on climate change? Or was it to make the vermin in Louisiana, a red state you know, poorer?

So Trump is trying to push more LNG on Europe and get Europe off Russian gas and your position is what? Windmills? You have no position on anything outside of griping about Trump.

[QUOTE=MarquisdeSade1;3017521][URL]https://www.youtube.com/watch?v=z8c9AMuRLzo[/URL][/QUOTE]MDS, that is a good video. Halperin is one of the few guys in media who looks at both points of view. He is keeping in touch with Democrats and has the balls to say some of them are smart. The brain drain of former Democrats in media going to Republicans has been astonishing. Halperin does a good job criticizing the Democrats for not acknowledging their mistakes, but I think the bigger issue is by not admitting to any past wrong doings, the Democrats literally have no solutions to anything.

I would ask what are you voting for if you are a Democrat, but if you are voting in a Democratic primary, your vote does not count anyway.

[QUOTE=AxelHeyst;3017581]In 2024, the last year of the Biden administration, the USA Trade deficit stood at $1.2 trillion. $1,200,000. Nobody knows what it be at the end 2025, but the trade deficit is down 11 percent in one month, June, so fucking do the math! Trump is winning![/QUOTE]Trade deficit down. Government revenues up. Federal spending down. Nation is in a temporary surplus. GDP up 3%. Market at all time highs. In the real world, all this is good.

So what do Democratic douches do? They try to move the goalposts. Trade deficits do not matter. The earnings of Adidas are down.

And so the Democratic douches cannot make up their mind what to post so they go to CNBC's Jim Cramer. Yes, the same loud mouth who was skewered by Jon Stewart for missing the Great Recession. In Democratic douche land, he is back to sage status.

[URL]https://www.cnbc.com/2025/07/29/jim-cramer-earnings-misses-show-consumers-are-feeling-tariff-impact.html?__source=androidappshare[/URL]

On one hand, the economy is horrible. It is going down hill. Look at the earnings of these 3 companies.

These Democratic douches seem to forget Cramer got in trouble for saying this literally the day before. "Our biggest problem is we have so much growth that the Fed won't cut. What the f*ck. " Cramer said on live television, before apologizing to viewers.

[URL]https://www.zerohedge.com/markets/what-fck-jim-cramer-snaps-live-television-rate-cut-frustration-boils-over?ref=biztoc.com[/URL]

So the douches cannot even make up their mind if the economy is weak or strong, but the only thing they are sure of is Trump sucks no matter what the numbers are.