Tag: best economy ever

THEY WANT YOU TO DO AS THEY SAY, NOT AS THEY DO

“Facts are threatening to those invested in fraud.” ― DaShanne Stokes

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Insiders at US companies unloaded $5.7 billion of their company stock this month, the highest in any September over the past decade, according to TrimTabs Investment Research.  Insiders, which include corporate officers and directors, sold over $10 billion of their company stock in August, also at the fastest pace in 10 years. With the stock market at all time highs and valuations, based on all historically accurate measures, off the charts, it makes sense for knowledgeable insiders to sell high. Of course, if they were expecting the profits of their companies to soar because Trump says we have the best economy in history, why would they be selling?

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BEST ECONOMY EVER!!!!!

Hmm. A critical thinking person might wonder why payroll tax revenue would only be .4% higher YTD when Trump has added SO MANY new jobs and the unemployment rate is SO LOW. If millions of new jobs have been added and those with jobs have gotten 2.9% raises, how could payroll taxes be virtually flat 10 months into the fiscal year? I must be missing something. I’m sure the Trump narrative of the best economy ever is true. Budget deficits always soar during economic boom times. Right?  Who needs math and facts. Carry on Trumpeteers.

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Via Marketwatch

U.S. budget deficit widens to fifth-highest ever, CBO reports

The numbers: The U.S. budget deficit in August was $211 billion, nearly double the gap during the year-ago month, the Congressional Budget Office estimated late Monday.

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