18 Burst results for "Forty Trillion Dollars"
"forty trillion dollars" Discussed on WCBM 680 AM
"Forty trillion dollars over ten years the answer is a non profit public option to debate here into more you'd also want you pine by Iran and North Korea over the question of who's better prepared to keep us safe at absent preconditions I would not meet with the coat supreme leader who said Joe Biden is a rabid dog you should be beaten to death with a stick hi contel other than that you want other than that I like and Joe Biden calling his vote for the Iraq war a mistake and blasted president trump's military action while defending the Obama administration on military action that also lacked congressional approval Willie Ron become a nuclear power all six you're saying no but through negotiations and diplomacy on trade Bernie Sanders saying that he's voting against the trade deal with Mexico and Canada because it lacks environmental protections and follow with a cold hand shake at the start of the debate it took forty five minutes to ask the question I do want to be clear here your saying that you never told senator Warren that a woman could not win the election that is correct senator Warren what did you think when senator Sanders Sanders told you a woman could not win the election I disagreed on impeachment Elizabeth Warren tells CNN she's ready to head back to Washington on climate change people Richards calling it a crisis centers continues to push the green new deal and Tom Starfire also telling CNN I would declare a state of emergency on day one on climate Steiner became a billionaire on coal oil and gas this is a long awaited day at the White House a trade deal with China now two years in the making and ready for signing though it's only phase one we've never done.
Biden versus Sanders: Top 2020 contenders snipe over healthcare policy
"Big moment to talk about this right now. Because Bernie Sanders is really stepping up his defense of his Medicare for all plan now now medicare for all can mean a lot of different things different voters we at the A._p.. Talk to two dozen Democratic voters earlier this spring who said that you know even though they really liked the idea of Bernie style medicare for all that would <hes> let's be clear there have no deductibles that would be all a government provided an insurance plan and eliminate all of these issues. They were also open to <hes> more halfway piecemeal. What have you steps like like those that the former vice president Joe Biden is pushing so you have have Democrats who are still kind of shopping around between these two healthcare vision so to speak again? Sanders wants to effectively eliminate all deductibles effectively eliminate all premiums but you know his his plan he estimates would cost between thirty and forty trillion dollars over ten years. There's so it's it's a real question whether or not he's just shifting. These amounts of these folks are paying deductibles. <hes> you know into different pockets of costs. Maybe tax hikes all their ways to raise this money right. So there's the Bernie approach and the Biden approach coach. He actually outlined earlier this week. An essentially it involves building on obamacare there was a certain feature in Obamacare that essentially <hes> cut off subsidies at what we what we call obamacare's silver plans which tend to have higher deductibles doc tables right so if you wanted a plan that was more quote Unquote Gold I e lower deductibles you would lose out on subsidies so part of Biden's you know pretty complex plan to build on the affordable care act involves bumping those subsidies so so in that sense Biden's vision would actually look directly at some of these deductible problems by offering more government assistance to get a lower deductible plan if you're buying on the exchanges right so that's just a little bit of a taste of the biden versus Bernie
"forty trillion dollars" Discussed on WIBC 93.1FM
"Loudest listening to this were you in the same. Sir. Her. It's the same with her. She was miss negative pants, right? I mean, it's like they are living on a different planet because they want to live on a different planet. That's the they want to be in. I hate Trump land. Gosh, I mean, but it's just sounds so dumb. I mean, like AO see, for example. And I think we have audio of her because of course, that's who Rachel Maddow, chose to immediately. Of course. But she was actually responding to Peggy Noonan who tweeted out that. It was a great speech. It was it was solid. I don't care who you are where you are. If you hate him, you have to at least be able to recognize the fact I mean, take your tedious out of the equation, try for like one second, take your Trump derangement syndrome, and just put it aside. And just recognize the fact that it was a good speed. Right. And that the results that he listened are good results. And that's what's so amazing. Is watching them not Stander applaud for like the economic success. Our countries have been even Nancy had some times where she was clapping. And she was like all right. I have to give it a guy. Yeah. Some of this stuff is I mean, even Nancy. Yeah. So Peggy Noonan points out in her tweet that solid speech get speech, and she also called out Alexandria, causing a Cortez and said something about how she looked bad because she was so scowling she looked like she'd been denied dessert after dinner by your parents, really bratty. And so. So take on it. And we'll hear a little bit of this too. But her tweet in response said why should I be spirited and warm for this embarrassment of a state of the union address tonight was an unsettling night for our country, the president failed to offer any plan any vision at all for our future were flying without a pilot. And I'm not here to comfort anyone about that fact, and I'm just like what what where are. Yeah. It's like exactly where the hell are you? Because the rest of us are over here hearing, the plans and the vision, exactly. And if she's talking about plans vision, the same check you ask her where the forty trillion dollars is gonna come from. And she's like feelings, let's say let's take a listen to what she said to Rachel Maddow experience.
"forty trillion dollars" Discussed on KLIF 570 AM
"Rain. Rebecca traits has written about this women's rage is a very potent political force, and it changes things on the right and the left. Mickey Mouse, laughing gas, that's Minnie mouse. And laugh. So women's rage. That's something new. I think it was called hysteria going back to Greek times. So now, we're going to be run by a group of hysterical women is that what we want a society a society run by hysterical women women's rate, the new word for the same thing hysteria. That's all. So if you want a group of hysterics running America, follow occasional cortex, that's all. So now along comes a sober candidate on Democrats site Howard Schultz. I'm not saying I'd vote for him. But he's a sober candidate. He's a he's a moderate democrat. Let's be clear. He's like a Lieberman. He sees things kind of as they are. He doesn't want to even run with the Democrats because he thinks they're crazy and listen to oh Schultz of in in clip, number two on the Savage Nation. Why he left the democrat party? I believe that. If I ran as a democrat, I would have to say things that I know in my heart. I do not believe and I would have to be disingenuous. For example. What the progressive left leaning Democratic Party is suggesting is government paid health care for everyone. Which is free government job free for everyone and government paid college for everyone. If you tally up those three programs over a ten year period, it's approximately forty trillion dollars, and ladies and gentlemen, we're sitting right now with a national debt of twenty one.
"forty trillion dollars" Discussed on Bloomberg Radio New York
"The forty trillion dollar financial sector in the United States, the government shutdown has entered its thirty fifth day and the Senate has rejected proposals from both President Trump and the Democrats aimed at ending the impasse. The White House has signaled that the president may be open to reopening agencies for three weeks. But only if opponents agree to a down payment on the wall. And if we also turned to the political situation in Venezuela veteran emerging market investors. Mark Mobius has said it could be interesting for investors. Speaking to Bloomberg Mobius said regime change would be key. Now, we're interested. I think there's a change a real change in government. Venezuela would be very very interesting. But you must remember this is all about oil. That was Mark. Mobias co-founder of Moebius capital partners. More details on the Venezuelan situation in world and national news in a moment. First, though, just some corporate headlines and Intel shares tumbled and extended trading after the company's fourth-quarter sales and profit missed estimates. Bloomberg's Emily Chang says forecasts for the current period also disappointed Intel's forecast revenue for twenty nine hundred fell. Well, short of the seventy three billion dollars analysts projected, it's due in part to the tapering off in spending by data center customers who are now working through accumulated inventory, instead of buying new components Intel CFO an interim CEO Bob swan also says the company's more cautious due to the slowing global economic growth amid possible impact of quote, geopolitical dynamics in San Francisco, I'm Emily Chang. Bloomberg daybreak Europe and the strain to decade marriage of Renault and Nissan is about to get a fresh start in an unexpected twist Nissan's CEO Hiroto. Oh, psycho has said that he too intense to step down. This ought to call is gone resigned. As chairman and CEO of rhino on Wednesday evening, more than two months after he was first jailed and Japan on allegations of financial misdeeds Sykora is planning to pass the baton in coming months after reforming the cult poor governance. He says weakened the Japanese comment Cam, let's get some more headlines now.
"forty trillion dollars" Discussed on The Michael Knowles Show
"I would argue that they're missing the forest for the trees, I think that there's a lot of people more concerned about being precisely factually and semantically correct than about being morally right for being factually. Correct. Is important absolutely important. And whenever I make a mistake. I say, okay, this was clumsy. And then I restate what my point was. But it's it's not the same thing as the president lying about immigrants. It's not the same thing at all. Just listen to what she said. She said some people are focused on being factually and semantically correct rather than being morally right now, this is the second trick that socialists, always used that ocasio is using here, which is false dichotomies to create a false couple of choices to be morally. Right requires that, you be correct. She seems not to understand that the words semantics means meaning itself, it means the meaning of words so to be factually rut, correct is to be right. If they're synonymous to be right with regard to the meaning of real things to be morally correct is to be right. It's to be right. With regard to the the meaning of real things that part of what she's doing here. And I think this comes actually out of her and Atta for culture is. She's speaking the truth doesn't matter. I mean there. She is literally saying truth doesn't matter. She says it doesn't. Matter if you are factually, correct as long as you're morally, right? Of course, that sentenced doesn't mean anything that's gobbledygook. It's like saying you don't need to be correct. As long as you're correct rubber. It's all that were Weli and double talk that she has. But I think in her ideology, which is totally relativistic. This is true. You can just say things regardless of what they mean regardless because is as long as it has the intended political affect you've achieved your goal. She doesn't care about saying true things. She doesn't care how she's going to pay for forty trillion dollars. All she cares about is the political affect of her in government taking over health care. She wants to take more power for the government power away from people because she is totally confident. She has the faith in the zeal of a convert for her religion, which is socialism that once the government has all that power. Everything will be fine as long as we don't have all that freedom out there for people to make their own choices as long as we take that back will work out everything in the end that will just be accounting. This is completely morally obtuse this is completely wrong. On. There is right. And there is wrong. There is truth in there is falsehood. Those are real things. They're not relative. They're not subjective construct s-. You know, Ben often has that phrase facts don't care about your feelings. This is the inverse of that this is exactly the opposite. She's saying my feelings don't care about your facts. I don't care if you are factually, correct. And of course, Anderson Cooper was the one who just sort of let her get away with it. And he pushed back very slightly. But he let her get away with it. This is what is so wicked about it. And we'll get to in a minute. How the Vatican was celebrating the sixtieth anniversary of the Cuban communist revolution. How perverse that is many popes have realized how perverse that is socialism is a perversity is it is anti human. And this is what it's all about. It's not just about raising your taxes. It's not just even about taking away your health care choices where your employment choices or your labor choices or whatever. What it's what this is about. Is lies versus reality. It's about that, quote that Democrats always say on the campaign trail, they quote shawl when he says some people see the world as it is and ask why I dream things that never were and ask why not they forget that those words that show a road were in the mouth of the serpent tempting eve in the Gordon from play called back to Methuselah. That's what it boils down to Okaz ios completely right to talk about moral correctness to say, this is not just an issue of physical realities. This is an issue of moral and metaphysical realities. It's true. Socialism is all about morality. It's all about ethics these systems of economies that we're talking about. Ultimately, this is a moral question. This is a religious question. This is an ethical question and socialism is anti-human. It is wrong. It is rotten down to its core..
"forty trillion dollars" Discussed on News-Talk 1400 The Patriot
"Counsel Robert Muller who was put in place to look into this issue of a Russian influence Russian involvement in the twenty sixteen presidential campaign, any potential ties between the Trump campaign and the Russians in two sixteen in now you've got this plea agreement featuring the main was running for a time the Trump campaign is that something the White House should be alarmed about. Right. Well, of course, they should be. There's nothing that he can testify to that would probably lend way to impeachment because he didn't really have close contact with President Trump while he was president. But he did have contact during the campaign tough question. Whether or not. Alleged crimes committed to get somebody elected president is an impeachable offense. And now, we don't know the answer to that. And perhaps he can give them information prior about his business daily. Remember, he's not a credible witness. He's pleaded guilty to obstruction of Justice lying changed the story repeatedly. But what they're looking for is self corroborating information that can be used against Trump. Look this validates were judge Ellis said on day. One jealous said they're not interested so much in Manafort for Mana for obviously he's committed crimes, but they're interested in primarily to see if they can. And this is him talking very jealous if they can make him sing. And then there's also the possibility of him composing. I'm curious now, Andrea Octavio Cossio or Cortes couldn't really tell us how she's gonna pay for her forty trillion dollars.
"forty trillion dollars" Discussed on Talk 650 KSTE
"And as and how we want to act as the wealthiest nation in the history of the world, and we wanna do that by making everybody miserable. That's the one thing that all socialist. Countries share in misery. Day share in absolute misery. They do Venezuela tried this. Right. You had the great influx of of of of this liberalism slash, you know, national we're going to nationalize everything. We're going to do all of these things we're going to be real socialist country all the while sitting on the largest. Oil reserve in the entire globe. And what did they do? Some two million people have fled. People are losing on average about fifteen to twenty pounds a year because they can't afford to eat inflation is rampant. There is not enough. To go around, and what was hoped to be. And this is what happens all the time in socialized countries like this. When you want to talk about where we're going to guarantee this morning to guarantee that is, hey, there's a there's an income inequality, and what ends up happening is that income inequality that you think you have now shrinks it does it used to be. There were plenty of people that had lots of income, and it did trickle down. Maybe not the way that you liked. But now what you've done is. You've chased many of those people away and the power and income is concentrated in a small few people's hands, and that gap gets wider and wider of the haves and have nots. That's what ends up happening, and they never have an answer for that. You wanna disproportionately hurt the people? You say you're going to help. Then try to implement some of these and see what happens you will build not a not a voter base. You're going to build a customer base and dependence like you've never seen. I got that. But the price tag for everything that you've laid out in your campaign is forty trillion dollars over the next ten years. But I'm talking about the overall package you say, it's not buying this guy. But forty trillion dollars is quite a bit of money and the taxes they can talk about raising pay for this to pay for your agenda only count for two and I'm we're going by left leaning analysts. Yeah. Left leaning analysts people who want you to be right. But people know that you can't. Sweden used to be vastly more wealthy country before the seventies came in and they decided to implement a lot of these cradle-to-grave super social programs which chased away so many companies and corporations and entrepreneurs and business owners, and it wasn't until they started to loosen up some of the regulations that you started to see the telecom industry with Ericsson a few others start to take off. But the reality is is all it is is a miniature Ponzi scheme. Of. Consumer tax that goes to just keep people heads above water. It doesn't promote anything else. You're going to guarantee a job you're going to guarantee a house, you're going to guarantee an income, and you're going to guarantee education and healthcare. They never have a way to pay for it. They never do. Once again when asked Cortez's train derails. Right. Well, when you look again at again, how our healthcare work's currently we pay much of these costs go.
"forty trillion dollars" Discussed on Newsradio 1200 WOAI
"Jake tapper spoke to Alexandria, oka- CEO Cortes over the weekend and she wants health care for everybody. She's just like Beethoven just everybody gets health care all the help they want, and it shouldn't cost anything in it should be happy because we're a really rich nation. I want you to listen carefully to her discussion. And I want you to listen to how she does not offer specifics. She does not offer real information. She instead relies on jingoism. She has these lines. Like, we're the richest nation. Earth. So we can do most anything well, but but who's gonna pay for it? Things will be great. And then she offers as her basis for how she's had this piffling. She's had her Eureka moment. And you know, what it was? She was a waiter at a restaurant a year ago. And she went around asked me, what do you have insurance note? Do you have insurance? No, do you have insurance? No. You know, what nobody has insurance? We have to fix this. Because by the restaurant, nobody had it. And so we have to do this just while we're all rich is rich. And if I'm in charge put me in charge, and we're all gonna have stuff well who will pay for it? How we pay for. Well, we're rich. I mean, you know, those rich people were do you see what their Durant around driving? Nice cars. They can pay for it. Forty trillion dollars. And you don't have to tell you. How big forty trillion dollars is listen to this. This woman is a democrat nominee to congress. To be one of.
"forty trillion dollars" Discussed on KTRH
"Jake tapper spoke to Alexandria, Cossio Cortez over the weekend and she wants healthcare for everybody. She's just like beta just everybody gets health care all the healthcare they want, and it shouldn't cost anything in it should be happy because we're a really rich nation. I want you to listen carefully to her discussion. And I want you to listen to how she does not offer specifics. She does not offer real information. She instead relies on jingoism. She has these lines. Like, we're the richest nation. So we can do most anything. Well, but but who's gonna pay for it? Things will be great. And then she offers as her basis for how she's had this. You know, this pepperoni? She's had her Eureka moment. And you know, what it was? She was a waiter at a restaurant a year ago. And she went around asked people. Do you have insurance? Do you have insurance? No, do you have insurance? No. You know, what nobody has insurance? We have to fix this because everybody at the restaurant, nobody had it. And so we have to do this. We're all rich nations rich, and if I'm in charge put me in charge, and we're all going to have stuff well who will pay for it. How we pay for. Well, we're rich. I mean, you know, those rich people were do you see what their Durant around driving? Nice cars. They can pay for it. Forty trillion dollars budget. I don't have to tell you. How big forty trillion dollars is listen to this. This woman is a democrat nominee to congress..
"forty trillion dollars" Discussed on State of the Union with Jake Tapper
"The overall price tag is more than forty trillion dollars in the next decade. You recently said in an interview that increasing taxes on the very wealthy plus an increased corporate tax rate would make two trillion. Over the next ten years. So where's the other thirty? Eight trillion dollars gonna come from. So we need to realize when we look at something like Medicare for all Medicare for all would save the American people a very large amount of money and what we see as well as that these systems are not just a pie in the sky, they are many of them are accomplished by every modern civilized democracy. In the western world, the United the United Kingdom has a form of single payer, healthcare, Canada, France, Germany, what we need to realize that these investments are better and they are good for our future. These are generational investments so that not just they're not short term bandaids, but they are really profound decisions about who we want to be as a nation and as and how we want to act as the wealthiest nation in the history of the world. But the price tag for everything that you've laid out in your campaign is forty trillion dollars over the next ten years. I understand that Medicare for all would cost more to some wealthier people and to the government and taxpayers while also reducing individual healthcare expenditures. But I'm talking about the overall package. You say it's not pie-in-the-sky, but forty trillion dollars is quite a bit of money and the taxes that you talked about raising to pay for this to pay for your agenda only count for two and I, we're going by left leaning analysts. Well, when you look at again how our healthcare work's, currently, we pay much of these costs go into the private sector. So what we see is, for example, you know, a year ago I was working downtown in a restaurant. I, I went around and I asked how many of you folks have health insurance. Not a single person did because these there were paying they would have had to pay two hundred dollars a month. For four payment for insurance that had an eight thousand.
"forty trillion dollars" Discussed on WINT 1330 AM
"She. Says makes. Sense it's just it's silly as chickens does she doesn't any more on healthcare and housing and? Stuff being, free someone has to build that someone asks, you what do you mean so? Wrong because people are going to win a build these things out of the goodness of their. Hearts That's not. How the world works although it'd. Be nice if it did. Three doesn't. Work that way whenever you save free you know how like you can like something on your? Phone and, like hearts will appear or you can say, congratulations on Facebook like all these? Like confetti appears so when you say free that's what happens like hearts pop in appear mix Yeah I get it but, the problem is when, you make a, right that means you now have. A right to someone else's, labor without any. Compensation that's slavery and I'm sorry Goodness But, again this is not adult thinking this, toddler thanking right, toddlers have this view of the world, that, oh, yeah. Right. Sure everything's. Shared everything's great because you don't have that thought of responsibility as an adult. Here we know that's not how the world. Works so somebody needs to tell her, that or we just let her keep talking until, November which I think's a. Good I just love how she's, like you, know unlimited wars to pay for trillion dollar tax cuts and tax cut. Extensions she actually doesn't even talk about how she was going to pay for any of. This And, by the, way when you say tax cut it doesn't it's not a cost by. The way that the cost of her whole agenda is what is it forty trillion dollars Oh my gosh yes yeah it's probably more than that when. You throw, in, all the. Stuff she wants healthcare. And housing and all that goes beyond well beyond the single payer estimates, are near forty trillion and. That's just single payer alone so yeah, no it's, ridiculous it doesn't come by she focuses on morality and. Not math because it's? She has to well it costs. Forty trillion dollars. So you're like tripling basically, income taxes and we're we're having. Record revenues come into the government right now and you know why because we have more, tax payers they have more we now, have more I, this, is what people don't understand and I think what. You said is very good point just then and I. Want to I want to underscore that with us people always say well it costs whenever you have tax cuts? Shut up. It does not cost as if it does not cost it does not cost peop-, for people to keep their money who the hell do you think pays the, government we do and it's, Cain says. When you allow people to keep more of their own money and when you allow businesses to be? Able to freely We spend their money how they need to have a successful business you create? More taxpayers. And guess what you, get more revenue through these means and this was actually this, actually happened under Kennedy by the way a democrat Kennedy You, get more more revenue federal revenue that, way than by confiscating through theft happened with Kennedy happened with Reagan it's, happening now Trump in the people. That saw it. Happened with Reagan in the the opposition now wanna demonize. This quote unquote trickle down stuff. When in, fact the, reality of trickle down even though. It's been. Negatively as, you know had this negative cover on it it works in it's been proven to work even with a democratic administration, like you. Mentioned Kennedy now completely I mean and that's that's just that's how. It goes all right so we we got some more stuff to get through. This really though I, do like it's it's endless wars at olive, garden endless wars Weiner Jim, Bridger jer Look at these customers they've stopped raping and pillaging long enough to get some endless breadsticks in. War at olive, garden when you're here you're family. A. Capacity, salad shooters. Yeah oh really quickly have I ever have, you ever seen Hang on I gotta I'm. Totally totally distracted now have you seen the this comedy writer on? Twitter says I got to watch like a thousand hours of an olive garden commercial and right. And then right, one of their own this is. What. It, wrote have. You have you have you seen that No. No no it's better it's it's it's a they say it's about. That writes a hilarious olive garden commercial and this it is it's, it's it's really it's well worth it it's a comedy writer it's a. Commercial spoofs so let me just it's cheating, Patty is the individual who ended up writing up, this is the person who wrote it may just real quickly red I forced to. Watch over one thousand hours, of olive garden commercials. And then. Ask it to write an olive garden commercial of its..
"forty trillion dollars" Discussed on 710 WOR
"We. Got Al. Go ahead Andrea Oh, hi everybody's talking about the, fed increasing interest rates very, quickly which is is not good but nobody is talking about the fact that the head, is also reducing their. Balance sheet shrinking their. Balance sheet. There Very saying all of that liquidity they, had pumped into the. System From the period right after the financial crisis up until about three, or four years ago when they Had the huge asset purchase program in place And what they're doing now is air reversing all that to the tune of forty trillion dollars or so Forty trillion dollars a month They're pulling all of that liquidity out of the banking system and they've been doing this now and they're actually going to increase the pace of that At the end of the year How all of this money is being pulled out of the banking system. And liquidity that has been feeding the stock market is going away Yeah and that could be a recipe for disaster and I actually think it's necessary but at what, pace right if we didn't have The. Trump bump and the positive effect of the Trump Konami we wouldn't have been able. To do any of. This, so that's a positive but? The, negative is very few have been. Successful. In navigating these conditions as so that's a. Great point Andrea any other comments, on that well these, conditions, never existed before today I. Know that's a good. Point you're right we've never had this amount of juice in the system and then. We have another big. Danger, is the inverted yield curve? I, mean if if you've studied that There's an article by on. CNBC another not politically neutral here. But you. Know they try to be fair July twentieth two thousand, eighteen this was yesterday the biggest risk in the bond market isn't. Rising rates, or the fed verse Trump It's the, inverted yield curve and, that's the difference, between the two year treasury bond. Yield and the ten. Year the last. Seven out of seven times the yield curve went negative since the sixties recession followed So the show. Has nothing to do I find this interesting you know people if if this does. Go bad this economy you know those all Trump will you know things are cycle cyclical too BA, banks can't make the loans that a healthy economy needs. To function when the short, term rates, at which they borrow? Go higher than the long term rates, at which they, are repaid, so this this is the danger folks in this raising of, rates so, I. Would say, maybe I mean who am I right I help you with your. Income plans your retirement plans risk management tax, reduction strategies for those of you want that call eight, nine hundred.
"forty trillion dollars" Discussed on Intercepted with Jeremy Scahill
"And small banks throughout the world so they created from a half a trillion dollars worth of of faulty and when i say faulty just not payments coming in so primorye is two hundred forty trillion dollars worth of stuff throughout the world that's what crash when one tiny thing crashes at the bottom and it's being asked to support payments coming into a hundred and forty trillion at the top any any mortgage will fail to be able to supplement that kind of increase in magnification how a big part of trump's campaign also bernie sanders from very different perspective in many ways was against these trade agreements like nafta or gatt or the transpacific partnership how does the posturing that trump is engaged in on nafta affect mexico if nafta was completely wiped out how would that impact mexico well i mexico would probably negotiate agreements as it's doing with other countries like china we aren't a global economy countries can't trade with the ones that they're used to trading with we're negotiate trade agreements that are actually better i mean one of the things you know you mentioned bernie sanders in through the platform of him in of trump which came out the idea of trade agreements from i think different perspectives but that they basically you know aren't perfect these ideas of free trade agreements do tend to benefit the corporations that are negotiating them and that are in washington and they're in mexico city and are trying to really get their best cut of any trade agreement this this is true but those things can be made better i mean those things in in terms of renegotiation of nafta can be made better workers can get a better deal on both sides of the equation from from any trade agreements and should so it's one thing to say abolish them and it's another thing to say well let's make them better but who are we going to make them better for trump is not articulated who wants to make them better for in a real way you know he's talked about and taking credit for things that have happened in the car industry but he hasn't actually looked at how how any of it would harm or hurt.
"forty trillion dollars" Discussed on Progressive Talk 1350 AM
"Hello max you're on free talk live go hey you're on the air hey all right well my question is a pretty general one at that i was just wondering if you felt that we would have a better chance at this point being people have libertarian ideology advancing the ideals of freedom and libertarianism through the republican party at this point since we've been seeing people like austin peterson and such going that route recently well first of all mark you're saying that as a republican i'm republican yeah nothing can be done on the national level really what has to happen is the united states government has to finally come crashing down the giant weight of debt it'll be forty if the pattern continues it should be forty trillion dollars by the time trump leaves office if he's in free ears i don't i don't see how eighty buddy is going to any one person any five people any fifteen representatives are possibly going to get in there and really change anything are we really going to get a situation where we've got fifty one libertarian senators and two hundred and twenty libertarian representatives and a libertarian president i mean i now i mean it just seems like such a pipe dream th the juicy plum of power seems so you know so attractive that there's no possible way we could ever do anything on a national level.
"forty trillion dollars" Discussed on 1410 WDOV
"Not by the time trump's out of office it should be at forty trillion dollars terms not ask observes yeah don't forget i mean wall street ends up owning most of this dead shirt means they own most of view and this country i mean that's that's the idea the meeting what you're saying there is that your freeze of your labour door children your grandchildren's labor as being claimed gas into the future by the government that's what it's doing absolutely a it says you know first it says it owns a portion of your labour through the income tax and what it has debt it's saying that it will pay that that back in the future by future labour rep that labour is well frankly would i say your grandchildren i'm being hyperbolic you are yeah the the the the united states has had debt at the very released since the jackson administration unlikely there was forty thousand dollars that floated got uh kind of got a fudged at that point so we're absolutely positively still paying off the civil war right right who paying debts on the of interest on credit for civil war and that um you know just goes to show the evil i mean it's evil to say i just let my grandchild pay for this prey how dare you but how dare you tax payer how dare you politician how dare you say that my child has to pay for your social security you're bombers at all this other stuff that is not the way this works ed that's one of the richest people in america there leaving they're giving up their citizenship and you're not going to be able to tax them anymore eight five five four five zero 373 is the single.
"forty trillion dollars" Discussed on Adventures in Finance: A Real Vision Podcast
"Uh and they've had the capital account closed since november 2016 and so um the answer is could extended another couple of years so i i think i would agree that there may be a way for the government to hang on for for a couple of years and that may uh you know proved to be more difficult to invest around and that's something that i concede two the the government of china but when you think about this when you have forty trillion dollars worth of assets you have to grow your m two at ten percent and you have to grow your gdp at six nap seven and a half percent you have a lot of balls in the air issued if you drop if you drop one of those balls the whole thing falls apart was it yeah then that again that bring suspects once again to sizing each it's y you see this coming you can see compulsorily be extended so you have to get the sizing is this this this idea about the impossible trinity which anyone in funds knows you kind of free capital flows fixed exchange rate and sovereign monaco chelsea attracted to but is it more fool us for giving them the the latitude to believe a maybe these ghosts can pull off this i think we know the com or is this just do point wishful thinking on the part investors don't wanna hear the best yeah i mean as we know you you look at you look at liaoning and the problems with the province of liaoning why they were they have admitted china has admitted that that the province of liaoning has has overstated its reported gdp by upwards of twenty percent over the last four years twenty percent in four years and now you also have have by us you of a number of these other uh a of inner mongolia you have all of these other provinces that also are very similar in their construct and very similar electronic 'electricity consumption and yet i don't know if you saw this so you know you have the provincial gdp is that all all of course aggregate into a happy and so they just said the gdp deflator negative 21 percent so that real gdp never changed right.
"forty trillion dollars" Discussed on The World Transformed
"By twenty thirty five what timing liberate that sounds like a lot alike rollitt who you'll to the low as you know asleep the guy the to the held up the bank your locally as liberating simoni was well um it's interesting the example that give here the ah amazon's or robot workforce and warehouses has grown from a thousand to nearly fifty thousand a robots since 2014 serving a three short years the what is that of a fifty fold increase in um and three three in three years and here's and they said and they've never laid off anyone other them for performance reasons and their distribution centres i you know what here's mouth all they may have not not light anybody often their distribution centres they were lying people off in uh in in the local walmart sincere as we our land and they they were the heavens happening there but uh and you know you can't be you can't blame amazon for a for being uh for being efficient and being the next june they're throwing here's they said i remember the legally these robots are going to give us a forty trillion dollar economy where we would have had a twenty eight trillion dollar economy without them okay so now we're really closing in on the technologies that mike you're the national debt and eat but when you add tell twelve trillion to the to the gdp line that significant an e even even with all of the problems and all of the heartache and we've got to figure this stuff out stuff going on around employment.