Trump: Ending shutdown was ‘in no way a concession’

[Sanguine]

I don't know why y'all keep trying.  Those who can't, don't and those who don't want to, don't. 

[Mod1]

I'm getting pretty bored with it.  TBR is not ECON 101, although I see the need for some explanations because we're sure not getting it from the Press.

Let's stop the circle arguments, or I'll lock the thread.  If there's one thing I dislike, it's being bored. 

 

[Bigun]

I'm getting pretty bored with it.  TBR is not ECON 101, although I see the need for some explanations because we're sure not getting it from the Press.

Let's stop the circle arguments, or I'll lock the thread.  If there's one thing I dislike, it's being bored. 

 

LOL!  But the poster being schooled here isn't even close to ready for Econ. 101!  Maybe 1st-grade arithmetic.

[Polly Ticks]

I'm getting pretty bored with it.  TBR is not ECON 101, although I see the need for some explanations because we're sure not getting it from the Press.

Let's stop the circle arguments, or I'll lock the thread.  If there's one thing I dislike, it's being bored. 

 

[Kidding!!  Don't tase me!!  ]

[bigheadfred]

I'm getting pretty bored with it.  TBR is not ECON 101, although I see the need for some explanations because we're sure not getting it from the Press.

Let's stop the circle arguments, or I'll lock the thread.  If there's one thing I dislike, it's being bored. 

 

Come visit with me for a couple of days.  Bring your own Valium.

[musiclady]

Since the concepts aren't sinking in, let's try a real-world example where only the numbers are changed.

My company pays me a salary.  For the purposes of illustration, let's say they pay me $800K.  I choose to tithe to my church.  For the purposes of illustration, let's say I tithe at 100% and give my church $800K.  Just because I give $800K to my church does not, in fact, mean that my company does not pay my salary of $800K.  My company has had a net savings of $0.

Spoiler alert - in the above example, my company would equate to the American taxpayers, I would play the part of Trump, and my church is the stand-in for the VA/Parks Services/anywhere else that Trump donates his salary.

You are getting confused with real savings versus opportunity costs.  I will agree that the VA, Parks Department, or whoever else that Trump donates his salary to can then use that money to pay for things they might not otherwise have been able to.  Just like my church can use the money I tithe to them to buy additional Christmas baskets and send missionaries to Nepal.  But once more for posterity, the net savings to my company is $0.  They still have an expenditure on their balance sheet for my salary, just like the taxpayers still have an expenditure for Trump's salary.

You also appear to be assuming that if Trump doesn't donate his salary and keeps it for his own personal use instead, then the government would for some reason provide an equal amount of money to those departments.  And that is patently untrue.  In our earlier example, if I choose not to tithe my salary and keep it in my own pocket instead, my company does not provide an amount equal to my salary to my church so we can buy Christmas baskets and send missionaries to Nepal.  That's the opportunity that is lost if I keep my full salary for myself, but my company is not part of that equation.

AND SHOUTING IN ALL-CAPS OR BOLD TYPE WILL STILL NEVER CHANGE THAT FACT.

I  learned a lot from this post @Polly Ticks ! Thanks!   

Seriously, as a semi-math challenged Briefer, who is, at the same time, educable, there have been many good explanations as to why the poster in question is wrong.

The  problem is that not all wrong people are educable.......

[libertybele]

I  learned a lot from this post @Polly Ticks ! Thanks!   

Seriously, as a semi-math challenged Briefer, who is, at the same time, educable, there have been many good explanations as to why the poster in question is wrong.

The  problem is that not all wrong people are educable.......

I thought he was yanking everybody's chain and then I realized he was serious. So .... I left the explanations and logic alone.

[Polly Ticks]

I  learned a lot from this post @Polly Ticks ! Thanks!   

Seriously, as a semi-math challenged Briefer, who is, at the same time, educable, there have been many good explanations as to why the poster in question is wrong.

The  problem is that not all wrong people are educable.......

I thought he was yanking everybody's chain and then I realized he was serious. So .... I left the explanations and logic alone.

Y'all are right, of course.  Definitely time to walk away. As a bonus, I've never had a Mod fuss at me before so there's a milestone!

[Night Hides Not]

LOL!  But the poster being schooled here isn't even close to ready for Econ. 101!  Maybe 1st-grade arithmetic.

My first academic advisor was an economics professor, Dr. Erwin Graue. He was a spry 77 years old when I met him for the first time in 1972. Ask any Gonzaga alum who was there during Dr. Graue's tenure, and I'd be willing to bet my last dollar that at least 95% would recite these famous words, mimicking his pronounced German accent:


There are no free lunches!


I took his Macroeconomics class. Helluva teacher, but he could be brutal when you gave him the wrong answer. With a class size of five students, there was nowhere to hide.

[Sanguine]

My first academic advisor was an economics professor, Dr. Erwin Graue. He was a spry 77 years old when I met him for the first time in 1972. Ask any Gonzaga alum who was there during Dr. Graue's tenure, and I'd be willing to bet my last dollar that at least 95% would recite these famous words, mimicking his pronounced German accent:


There are no free lunches!


I took his Macroeconomics class. Helluva teacher, but he could be brutal when you gave him the wrong answer. With a class size of five students, there was nowhere to hide.

I really appreciate that kind of people. 

[LegalAmerican]

Seriously are you blind and stupid did you not see the "Trump is only doing this so he can get the tax write off /SARC"

Did not know what SARC...was.  Yes, almost blind with cataracts.  Do you have some money for me for the surgery? 
No NOT STUPID....I guess you meant  SARCASM....I don't do texting on cell phone, so I did not 'get' SARC MEANING.

Shame on you. 

[LegalAmerican]

I'm getting pretty bored with it.  TBR is not ECON 101, although I see the need for some explanations because we're sure not getting it from the Press.

Let's stop the circle arguments, or I'll lock the thread.  If there's one thing I dislike, it's being bored. 

 

..................   I worked 8 years in Banks & Savings & Loans. 3 years Realtor. The rest in private business as accountant & worked years at CPA company's, doing book work and preparing taxes. 1040, 1040X, 1040S, 1065, 501's, 990, business forms. Fica, reports , etc.  Balanced to the penny. I am done.

[edpc]

..................   I worked 8 years in Banks & Savings & Loans. 3 years Realtor.

The cause of the S&L crisis, TARP, and housing collapse all make sense to me now.

[Bigun]

The cause of the S&L crisis, TARP, and housing collapse all make sense to me now.

To coin a phrase, Top Notch!  ROLMFAO!!!!

[Wingnut]

The cause of the S&L crisis, TARP, and housing collapse all make sense to me now.

Sometimes you are really good.  And this was that one time. 

[edpc]

Sometimes you are really good.  And this was that one time. 

All credit goes to the real hero of the story....

[Wingnut]

All credit goes to the real hero of the story....

With you and Bigun's Turkey 101... you both have found a friend in Jesus!

[Night Hides Not]

The cause of the S&L crisis, TARP, and housing collapse all make sense to me now.

To coin a phrase, that's what you call leading with your chin.

ETA: Knowing how to do tax returns, and understanding economics do not go hand in hand. Where I stood out with my clients was explaining what their numbers actually meant, as opposed to pencil pushers that merely filled out the forms.

I didn't sit for the CPA until 15 years after graduation, due to military service and other pursuits. Shortly after I hired on to a CPA firm, the partners had me dealing directly with clients. Saved time and clients were happy with the work I did for them.

[Frank Cannon]

I wonder if this thread can last into the upcoming shutdown?

[Night Hides Not]

I wonder if this thread can last into the upcoming shutdown?

You really expect another shutdown?

[Frank Cannon]

You really expect another shutdown?

Sure. Why not? Dreams can come true twice.

[edpc]

Sure. Why not? Dreams can come true twice.

As with the 3 week CR capitulation, prepare for yet another letdown on Trump’s resolve.


“We really have until, basically, Sunday to file the papers. So they’re going to have to in the next 24 to 48 hours agree, if there’s going to be a deal,” said Sen. John Thune (R-S.D.), the party whip. “I hate to raise expectations, but there’s growing optimism that there may be something there.”

That makes it all the more likely that Trump will be forced to choose between two unpalatable options: a bipartisan deal served up by lawmakers, or executive action that falls short of an emergency declaration. A more modest executive order has been under review by the White House counsel’s office for weeks, which Mulvaney has termed “legal executive authority.” Both choices are likely to provide much less money than what the president has been demanding for a border wall.

https://www.politico.com/story/2019/02/07/white-house-trump-shutdown-deal-1157829

[RoosGirl]

[Formerly Once-Ler]

@RoosGirl
I came back to recycle my posts for next week.

[Cyber Liberty]

Is this dumpster fire still burning??