Trump Economic Adviser... "Deficit coming down"

[SeattleGriz]

Trump lying to America has now been extended to his Economic Advisers... Who know better
But do it anyway

Here's the quote:
“The deficit, is coming down, and it's coming down rapidly.”



Graded by every metric as false - even by Fox News financial analysts
But here we are with this administrations pervasive systemic lying right out in the open as loudly as possible
Because they know their CORE demographic does zero research

One Economist called the claims "Laughable, were they not almost criminally negligent.."

https://www.nytimes.com/2018/06/29/us/p ... icit-.html

https://www.washingtonpost.com/

This is why we voted for him!

#TrumpTrain

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Exactly. I'd rather have straight up lies than weasle talk from politicians in which they can flop either way in the future.

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[JohnStOnge]

Politifact has 14% of the Obama statements its rated as False or Pants on Fire. It's got 47% of Trump's statements rated as such.

The idea that Obama was even close to the level Trump is at in terms of bold face lying is laughable. Of course I know Trump zombies will attack Politifact because Politifact doesn't align with what Trump supporters want to believe.

But we have NEVER in the modern era (at least) had as dishonest a Presidential administration as this one is.

Do you think about anything else, ever?

Sure. I had to think about previous Presidents of my lifetime, for instance, in order to note that Trump is the most dishonest President of my lifetime since I was old enough to remember and form an opinion about that. I think that probably the first one I was old enough to form an opinion about was Nixon. Before Trump I'd say it was Bill Clinton. But Trump has blown him out of the water.

Also I think about fishing a lot.

[kalm]

This is why we voted for him!

#TrumpTrain

Sent from my SM-G955U using Tapatalk

Exactly. I'd rather have straight up lies than weasle talk from politicians in which they can flop either way in the future.

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So you’d prefer a dumb liar to a more clever liar?

[JohnStOnge]

BTW there's a link to another story in one of those in which it's reported that Kudlow said he was referring to his own projection about what WILL happen rather than what has happened. I think that's plausible.

[JohnStOnge]

Here's an interesting article on notable instances in which Kudlow was spectacularly wrong:

http://time.com/money/5197470/trump-pic ... edictions/

Of course I realize that anybody who makes predictions about the economy is likely to be wrong a lot.

[SeattleGriz]

Exactly. I'd rather have straight up lies than weasle talk from politicians in which they can flop either way in the future.

phpBB [video]

So you’d prefer a dumb liar to a more clever liar?

Ah, the old Republicans are idiots trope. Actually, I prefer the term 'trained liar' when talking about politicians. Trump's still learning the political lie.

[CAA Flagship]

Here's an interesting article on notable instances in which Kudlow was spectacularly wrong:

http://time.com/money/5197470/trump-pic ... edictions/

Of course I realize that anybody who makes predictions about the economy is likely to be wrong a lot.

Three big things happened in the 90's and 00's that had a huge effect on the budgets, markets, and overall economy; the birth of computer/internet industry, 9/11 and the subsequent Iraq/Afghanistan wars, the housing collapse and Great Recession. Not many people got any of those things right, at least not until it was too late.

[ALPHAGRIZ1]

Exactly. I'd rather have straight up lies than weasle talk from politicians in which they can flop either way in the future.

phpBB [video]

So you’d prefer a dumb liar to a more clever liar?

Trump isn't lying....... Thats the point

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[kalm]

So you’d prefer a dumb liar to a more clever liar?

Trump isn't lying....... Thats the point

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Isn’t he.

[Pwns]

Both parties do it and it’s sad.

No they don't. The Democrats do not do things like claim that the deficit is coming down when it's not.

The Obama analogue of this is the entire Obamacare saga.

Everyone with half a brain knew that you weren't going to mandate coverage for people with pre-existing conditions and have premiums magically go down. And remember the constant assurances that "it's not a tax"?

"Oh, but costs would've increased even faster without it!"

P.S. If you like your doctor you can keep it.

[kalm]

So you’d prefer a dumb liar to a more clever liar?

Ah, the old Republicans are idiots trope. Actually, I prefer the term 'trained liar' when talking about politicians. Trump's still learning the political lie.

I just said Trump was an idiot. It’s not as though I said ‘Republicans struggle with reading comprehension.”

I actually have a smart Republican friend.

[JohnStOnge]

No they don't. The Democrats do not do things like claim that the deficit is coming down when it's not.

The Obama analogue of this is the entire Obamacare saga.

Everyone with half a brain knew that you weren't going to mandate coverage for people with pre-existing conditions and have premiums magically go down. And remember the constant assurances that "it's not a tax"?

"Oh, but costs would've increased even faster without it!"

P.S. If you like your doctor you can keep it.

When I wrote that I was talking about what is the case if someone now says that the deficit is coming down when, in fact, it has been going up. It's an after the fact thing.

It would be like if Obama, after the Affordable Care Act had been in effect for the year, said, "I you like your health care plan you can keep it" when, in fact, a bunch of people had already found that they couldn't keep their health care plan.

Since then I've seen that Kudlow claims that he wasn't talking about what has happened to this point but, instead, projecting what's going to happen in the future. If that's the case his statement becomes an opinion rather than a statement of fact.

[Chizzang]

No they don't. The Democrats do not do things like claim that the deficit is coming down when it's not.

The Obama analogue of this is the entire Obamacare saga.

Everyone with half a brain knew that you weren't going to mandate coverage for people with pre-existing conditions and have premiums magically go down. And remember the constant assurances that "it's not a tax"?

"Oh, but costs would've increased even faster without it!"

P.S. If you like your doctor you can keep it.

Hang on to those as long as you can Pwns...
They will comfort you over the next few years of this Administration



It'll be all you have to hang on to

[kalm]

Here's an interesting article on notable instances in which Kudlow was spectacularly wrong:

http://time.com/money/5197470/trump-pic ... edictions/

Of course I realize that anybody who makes predictions about the economy is likely to be wrong a lot.

Three big things happened in the 90's and 00's that had a huge effect on the budgets, markets, and overall economy; the birth of computer/internet industry, 9/11 and the subsequent Iraq/Afghanistan wars, the housing collapse and Great Recession. Not many people got any of those things right, at least not until it was too late.

Also...the repeal of Glass-Steagle and the CFMA.

Kudlow was as almost as spectacularly wrong as Jim Cramer.

[SeattleGriz]

Ah, the old Republicans are idiots trope. Actually, I prefer the term 'trained liar' when talking about politicians. Trump's still learning the political lie.

I just said Trump was an idiot. It’s not as though I said ‘Republicans struggle with reading comprehension.”

I actually have a smart Republican friend.

And you are my friend too!

[ALPHAGRIZ1]

Trump isn't lying....... Thats the point

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Isn’t he.

No

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[Pwns]

The Obama analogue of this is the entire Obamacare saga.

Everyone with half a brain knew that you weren't going to mandate coverage for people with pre-existing conditions and have premiums magically go down. And remember the constant assurances that "it's not a tax"?

"Oh, but costs would've increased even faster without it!"

P.S. If you like your doctor you can keep it.

When I wrote that I was talking about what is the case if someone now says that the deficit is coming down when, in fact, it has been going up. It's an after the fact thing.

It would be like if Obama, after the Affordable Care Act had been in effect for the year, said, "I you like your health care plan you can keep it" when, in fact, a bunch of people had already found that they couldn't keep their health care plan.

Since then I've seen that Kudlow claims that he wasn't talking about what has happened to this point but, instead, projecting what's going to happen in the future. If that's the case his statement becomes an opinion rather than a statement of fact.

Please. I don't believe for a second anyone on Obama's team bought those preposterously pie-in-the-sky predictions about premiums going down, and I don't know how saying a priori that you can keep your doctor isn't the same level of dishonesty. John Gruber's "stupidity of the American people" is pretty much spot on.

BTW, it's also a myth that Bill Clinton had a budget surplus, yet that line was repeated countless times during the Bush II years.

[UNI88]

Trump isn't lying....... Thats the point

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Isn’t he.

I think the question is does Trump know he's lying? Or does he have so much hubris that he thinks that anything he says is the truth?

[JohnStOnge]

[

BTW, it's also a myth that Bill Clinton had a budget surplus, yet that line was repeated countless times during the Bush II years.

I have always said that whether there is a Budget surplus or deficit is ultimately the responsibility of Congress. As a branch of government Congress is responsible for tax law and appropriations. It does help if Congress has a President that will go along with what they want to do but, ultimately, they can override a Presidential veto if they have sufficient consensus.

I haven't said it before but I look at a lot of what is going on right now as more accomplishment by the Republican Congress than by Trump. Like the Supreme Court. Trump's not really picking justices. The reason Gorsich is on is because the Republican Senate kept a spot open for the next President to select. Trump has no idea as to what he's doing. He just committed to pick Justices from a list that was given to him in order to get votes from conservatives in general and White Evangelical Christians in particular.

All that said Trump and those in his administration are claiming credit for everything. If there were to be a balanced budget I guarantee Trump would be claiming credit for it.

The way I look at it is that the Republicans in general made the case that this tax cut would increase revenue over what it would've otherwise been when, as far as I know, every structured and serious analysis said that the opposite would be the case. They criticized entities that did do structured analyses but did not produce one of their own. They just spoke in glittering generalities. THEN they increased spending.

Look, I support tax cuts in general. But I don't support lying about the likely effects on revenues.

[kalm]

[

BTW, it's also a myth that Bill Clinton had a budget surplus, yet that line was repeated countless times during the Bush II years.

I have always said that whether there is a Budget surplus or deficit is ultimately the responsibility of Congress. As a branch of government Congress is responsible for tax law and appropriations. It does help if Congress has a President that will go along with what they want to do but, ultimately, they can override a Presidential veto if they have sufficient consensus.

I haven't said it before but I look at a lot of what is going on right now as more accomplishment by the Republican Congress than by Trump. Like the Supreme Court. Trump's not really picking justices. The reason Gorsich is on is because the Republican Senate kept a spot open for the next President to select. Trump has no idea as to what he's doing. He just committed to pick Justices from a list that was given to him in order to get votes from conservatives in general and White Evangelical Christians in particular.

All that said Trump and those in his administration are claiming credit for everything. If there were to be a balanced budget I guarantee Trump would be claiming credit for it.

The way I look at it is that the Republicans in general made the case that this tax cut would increase revenue over what it would've otherwise been when, as far as I know, every structured and serious analysis said that the opposite would be the case. They criticized entities that did do structured analyses but did not produce one of their own. They just spoke in glittering generalities. THEN they increased spending.

Look, I support tax cuts in general. But I don't support lying about the likely effects on revenues.

If only the Republicans could somehow grab control of the presidency AND congress. We could simultaneously cut taxes AND spending. Then...once the tax revenues increase with increased GDP, we’d be in surplus land!

[SeattleGriz]

Isn’t he.

I think the question is does Trump know he's lying? Or does he have so much hubris that he thinks that anything he says is the truth?

Trump is the new Chuck Norris, with more awesome hair.

[AZGrizFan]

Politifact has 14% of the Obama statements its rated as False or Pants on Fire. It's got 47% of Trump's statements rated as such.

The idea that Obama was even close to the level Trump is at in terms of bold face lying is laughable. Of course I know Trump zombies will attack Politifact because Politifact doesn't align with what Trump supporters want to believe.

But we have NEVER in the modern era (at least) had as dishonest a Presidential administration as this one is.

Well, thank God we don't have Hillary as president then, because she makes Trump look like a rote amateur when it comes to lying.

[AZGrizFan]

The Obama analogue of this is the entire Obamacare saga.

Everyone with half a brain knew that you weren't going to mandate coverage for people with pre-existing conditions and have premiums magically go down. And remember the constant assurances that "it's not a tax"?

"Oh, but costs would've increased even faster without it!"

P.S. If you like your doctor you can keep it.

Since then I've seen that Kudlow claims that he wasn't talking about what has happened to this point but, instead, projecting what's going to happen in the future. If that's the case his statement becomes an opinion rather than a statement of fact.

maybe that's what Trump is doing. He isn't talking about what's happened to this point, he's projecting what's going to happen in the future, so it's an opinion.

[Silenoz]

ButHilaryBillObama

I didn't read the thread. I just assume that's the gist of it. And JSO getting owned.

[css75]

ButHilaryBillObama

I didn't read the thread. I just assume that's the gist of it. And JSO getting owned.

Correct, especially JSO getting owned.


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