It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: strongfp
a reply to: Bluntone22
Yes, he's relied on other people and laws to do it for him. Like every aspect of his life. It's easy when you can just throw money at people to fix all your problems.
originally posted by: Southern Guardian
a reply to: UKTruth
That’s a pretty deceptive post UK. The national debt clocked at $6 trillion when bush left and $12.8 trillion when Obama left. It’s a substantial increase but when we look at the numbers it pales in comparison to Trumps forecasted increase of $10+ trillion. Context is key here but I trust you already know that UK. I also trust you’re aware the GOP has held control of Congress 9 out of the last 10 years. You know? Congress? The national purse?
originally posted by: Cassi3l
a reply to: Bluntone22
I do indeed stand corrected, bravo !
Trump has never, ever, personally filed for bankruptcy
nope, not ever..
Only corporately so !
Why Donald Trump's Companies Went Bankrupt
Which should give pause for thought and worry
Given that Trump is, y'know, the CEO of ÜSA corp
How Accurate Have CBO's Six-Year Revenue Projections Been?
The projection errors have tended to be larger for longer horizons than shorter ones. CBO's six-year revenue projections—those that estimate revenues for the fifth fiscal year after the year in which they are released—have, on average, overestimated revenues by 5.3 percent. The mean absolute error of those projections is 10.4 percent, and the RMSE is 12.1 percent. A mean absolute error of that magnitude would correspond to an error of about $420 billion in the revenue estimate for 2020 that CBO released in its January 2015 baseline projections. The preponderance of overestimates over that longer horizon results in part from the fact that many of the six-year periods encompassed a recession that reduced economic activity and tax revenues below projected amounts.
The RMSE is not as helpful for analyzing the distribution of the errors for CBO's six-year projections as it is for the two-year projection errors because the six-year projections have a larger mean error than the two-year projections and have resulted in about as many relatively large errors as small ones. The mean absolute error and the RMSE show some signs of stabilizing at the six-year horizon, measuring not much higher than those calculated for the five-year horizon. However, the general accuracy of CBO's forecasts extending beyond six years may not become clearer until well into the future, when enough such forecasts have been produced to allow for a comprehensive assessment.
CBO's six-year forecasts of revenues as a share of gross domestic product (GDP) have an RMSE of 1.1 percentage points and a mean absolute error of 0.9 percentage points. In CBO's January 2015 baseline projections, revenues for 2020, the sixth year of the projection, total 18.0 percent of GDP. On the basis of the mean absolute error of past forecasts, revenues for that year might be expected to be as low as 17.1 percent of GDP or as high as 18.9 percent if there are no changes to current law. (The actual error for that particular projection might still fall outside that range.)
originally posted by: Cassi3l
a reply to: Bluntone22
I do indeed stand corrected, bravo !
Trump has never, ever, personally filed for bankruptcy
nope, not ever..
Only corporately so !
Why Donald Trump's Companies Went Bankrupt
Which should give pause for thought and worry
Given that Trump is, y'know, the CEO of ÜSA corp
originally posted by: Cassi3l
a reply to: Bluntone22
I do indeed stand corrected, bravo !
Trump has never, ever, personally filed for bankruptcy
nope, not ever..
Only corporately so !
Why Donald Trump's Companies Went Bankrupt
Which should give pause for thought and worry
Given that Trump is, y'know, the CEO of ÜSA corp
originally posted by: strongfp
a reply to: Wardaddy454
Give me a million dollars and a rich dad with hundreds of powerful connections to start off an I get back to you.
originally posted by: Wardaddy454
originally posted by: strongfp
a reply to: Wardaddy454
Give me a million dollars and a rich dad with hundreds of powerful connections to start off an I get back to you.
Many people experience that, even if its to a lesser degree. Many generational businesses exist, with the money, clientele, and contacts that come with it. You just seem upset because it was a million. boo hoo.
originally posted by: okrian
originally posted by: Wardaddy454
originally posted by: strongfp
a reply to: Wardaddy454
Give me a million dollars and a rich dad with hundreds of powerful connections to start off an I get back to you.
Many people experience that, even if its to a lesser degree. Many generational businesses exist, with the money, clientele, and contacts that come with it. You just seem upset because it was a million. boo hoo.
Um. Many people don't experience that. Especially when you realize that the 1 million Trump got then would be equivalent to over 7 million today. And then to also be supplied with a bunch of other dirty tricksters (bankers, mobsters, etc.), an entire business network, a "job", a slew of 1% corporatocracy buddies, and sketchy lawyers to make sure you aren't touched and you always will have money behind you... sorry, "many" people don't go through life that way. Thankfully. As if we need more morally bankrupt masses (i.e. the swamp).