Record Stock Market - Record Profits - 1 Trillion Dollar Deficit 2018 - Smell A Rat Anyone?

[SeaDoo77]

After paying for all the "stuff" from this year, the deficit will cross 1 TRILLION DOLLARS next year, without the full effect of tax scam being accounted for.

Anyone smell a rat?

USA Today: "Deficit could hit $1 trillion in 2018, and that's before the full impact of tax cuts"

https://www.usatoday.com/story/news/politics/2017/12/20/deficit-could-hit-1-trillion-2018-and-thats-before-full-impact-tax-cuts/969347001/

[SeaDoo77]

1. I Smell A Whole House Half Full Of Rats

And a Senate half full too.

And man my kids can smell the debt a million miles away.

[Doodley]

2. They are almost doubling the deficit - Deficit was a huge problem when the black guy

was in office. But it doesn't matter when a white guy does it. That is the absolute proof that tens of millions of Americans who hold that view are racist.

[onenote]

3. No. Unrelated measures.

The annual deficit topped 1 trillion in 2009, 2010, 2011 and 2012. The stock market saw growth ranging from 5.1% to 19 percent during those same years. In 2013 the deficit dropped to 680 million and the market grew 26.5 percent, hitting a new record. In the years that have followed, the deficit has fluctuated as has the market, with no discernible link between them.

[SeaDoo77]

4. I Keep Hearing Record Profits Record Profits

How about record taxes to go along with them.

Someone besides our kids should have to pay.

We had a surplus for 4 years under Clinton.

https://www.thebalance.com/deficit-by-president-what-budget-deficits-hide-3306151

I don't trust any numbers but these folks say so.

[onenote]

5. Lots of companies have been making "record profits" in previous years as well

Again, linking corporate profits, the deficit, and the stock market is an attempt to find causal connections that don't necessarily exist.

http://money.cnn.com/2017/03/03/investing/bank-profits-record-high-dodd-frank/index.html
https://www.huffingtonpost.com/2010/11/23/corporate-profits-q3-2010-_n_787573.html

[flamingdem]

6. Pump and dump

Later on when the market tanks the uber rich will be in an excellent position to pick up shares on the cheap, thus allowing them even more ownership of our country