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ScottAdamsSays's profile
Scott Adams
Scott Adams
Scott Adams
Verified account
@ScottAdamsSays

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Scott AdamsVerified account

@ScottAdamsSays

My Micro Lesson (2-4 min. videos) on being more happier and more effective in life are on Locals: http://bit.ly/2Ygv2tf 

Pleasanton CA
youtube.com/c/realCoffeeWi…
Joined October 2014

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    1. Scott Adams‏Verified account @ScottAdamsSays 3 May 2019

      Scott Adams Retweeted Saul of United

      But...but...what about all the times Trump exaggerated or got a trivial fact wrong? Why didn't that cause a depression? And how can the economy be so strong when we haven't even seen Trump's tax returns? None of this makes sense! #SaidDemocratshttps://twitter.com/Viatcheslavsos3/status/1124292914337714176 …

      Scott Adams added,

      Saul of United @Viatcheslavsos3
      @ScottAdamsSays Jobs surge in April, unemployment rate falls to the lowest since 1969 The U.S. added 263,000 new hires in April, easily beating Wall Street expectations of 190,000. The unemployment rate fell to 3.6% vs. 3.8% expected. https://cnb.cx/2H0dg3o 
      80 replies 511 retweets 1,943 likes
    2. A. Michael Altman‏ @artmaltman 3 May 2019
      Replying to @ScottAdamsSays

      Massive tax cut causes staggering increase in deficits this year & for years into the future; long term huge problem (even just the interest payments alone); short term boost to economy. Bill Clinton eliminated deficit during his tenure, Obama drove it down to 400m, now over $1T.

      6 replies 0 retweets 8 likes
      Scott Adams‏Verified account @ScottAdamsSays 3 May 2019
      Replying to @artmaltman

      That's not nothing, but I still don't think anyone in the world understands what debt means in our case. It isn't like credit card debt. No one really knows how much we can handle.

      6:00 AM - 3 May 2019
      • 9 Likes
      • James Slim Goldentine Jimmy DeLea WeeMan Bo Amr Kevin Watson doc’s mom🇺🇸
      8 replies 0 retweets 9 likes
        1. Inspector Mindbender (X)‏ @JackPaceSr 3 May 2019
          Replying to @ScottAdamsSays @artmaltman

          Remember the banks who were to big to fail? Without the bailouts, they purportedly would have. China is now the bank. Debt can and has become leverage for the borrower. "I love debt" ~ Pres. DJT

          0 replies 0 retweets 0 likes
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        2. BigSlothOne‏ @BigSlothOne 3 May 2019
          Replying to @ScottAdamsSays @artmaltman

          Indeed. It is (probably) not USD Debt that’s important. It is the usage (demand) of USD globally Do people want Chinese Yuan? Even Chinese Billionaires want USD

          1 reply 0 retweets 3 likes
        3. Ron Warrick‏ @rononarun 5 May 2019
          Replying to @BigSlothOne @ScottAdamsSays @artmaltman

          A house of cards is better than no house at all?

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. Lafing Sinik‏ @LaughingCynic 3 May 2019
          Replying to @ScottAdamsSays @artmaltman

          Simple, anyone who keeps cash just lost a chunk of it's value.

          0 replies 0 retweets 1 like
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        1. Least in the Kingdom‏ @Exverum 3 May 2019
          Replying to @ScottAdamsSays @artmaltman

          Umm... I don't want to find out. 🤔

          0 replies 0 retweets 1 like
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        1. TC‏ @TristanMColeman 3 May 2019
          Replying to @ScottAdamsSays @artmaltman

          Probably not so much to do with the absolute size of the debt, more to do with the rate at which it accumulates relative to unborn tax payers ability to pay it off..

          0 replies 0 retweets 0 likes
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        2. BillyBot Quarton Thornside is here and now!‏ @BillybotQ 4 May 2019
          Replying to @ScottAdamsSays @artmaltman

          How do we determine the safe limit? Does experience indicate there will be warning signs that allow sufficient time to act accordingly?

          1 reply 0 retweets 0 likes
        3. A. Michael Altman‏ @artmaltman 4 May 2019
          Replying to @BillybotQ @ScottAdamsSays

          One way to assess risk of massive federal debt is to calculate annual interest currently; then project into the future as debt increases & especially if interest rates increase. E.g. consider annual interest on $25T at 5%. Compare to gov't revenue, GDP.

          0 replies 0 retweets 1 like
        4. End of conversation

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