Republican Tax Cuts For The Rich And The Debt Crisis

Discussion in 'Political Opinions & Beliefs' started by Conservative Democrat, May 18, 2023.

  1. Bullseye

    Bullseye Well-Known Member

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    Trump has had the lowest budget deficit since 2001; then the Dems took Congress and crap hit the fan.
     
    Last edited: May 27, 2023
  2. Turtledude

    Turtledude Well-Known Member Donor

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    this fits
    345896947_264857742581784_7205171882292063582_n.png
     
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  3. JonK22

    JonK22 Well-Known Member

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    I assume you meant Dubya, but please highlight ANY bill the Dems passed and Dubya signed that caused the deficit to go up?

    Like Obama, only had the stimulus that increased the debt, therest were policies inherited from Dubya/GOP policies like UNFUNDED TAX CUTS, UNFUNDED WARS, UNFUNDED MEDICARE EXPANSION AND THE LACK OF REGULATORS ON THE BEAT TO STOP THE "FREE MARKETS" HOSING THE WORLDS ECONOMY!!!


    Once more I'll note you didn't present ANYTHING on Barney Frank and his super powers in the GOP controlled House!
     
  4. JonK22

    JonK22 Well-Known Member

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    Governments have cut top tax rates. Tax policy is one of the most important factors in determining inequality levels in advanced economies

    Most of the research below comes from the Peterson Institute 2019 conference on “Combating Inequality,” later work from attending experts, and other PIIE publications. Read also “We Have the Tools to Reverse the Rise in Inequality,” by conference organizers Olivier Blanchard (PIIE) and Dani Rodrik (Harvard University), and their book of essays by conference participants, Combating Inequality: Rethinking Government's Role, published by MIT Press.
    https://www.piie.com/microsites/how-fix-economic-inequality


    NOT EXACTLY A LEFT WING GROUP!!!
     
  5. LangleyMan

    LangleyMan Well-Known Member

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    Barney Frank was in the minority until January 2007, after home prices peaked in 2006.

    upload_2023-5-27_18-22-38.png

    upload_2023-5-27_18-30-8.gif
     
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  6. Turtledude

    Turtledude Well-Known Member Donor

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    talent and effort is the major reason for inequality in advanced economies. and I don't have issues with inequality. winners should win, those who make bad decisions and don't work hard, should not
     
  7. JonK22

    JonK22 Well-Known Member

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    Once more according to right wing Peterson Institute, and most credible economists I've read
    Tax policy is one of the most important factors in determining inequality levels in advanced economies
     
  8. LangleyMan

    LangleyMan Well-Known Member

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    Tell that to Republicans.
     
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  9. Bullseye

    Bullseye Well-Known Member

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    Budgets? Appropriation bills?
    Nonsense

    I probably did that a decade or more ago.
     
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  10. garyd

    garyd Well-Known Member

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    I said senate which the Dems controlled since jumping Jim Jeffords switched sides.
     
  11. Turtledude

    Turtledude Well-Known Member Donor

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    so what?
     
  12. LangleyMan

    LangleyMan Well-Known Member

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    There were a lot of Afghans Trump would have left behind. I guess Trump didn't care.
     
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  13. JonK22

    JonK22 Well-Known Member

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    So NOTHING outside of what Dubya asked for. Got it
     
  14. JonK22

    JonK22 Well-Known Member

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    So what about Gov't policy being one of the largest factors in inequality?
     
  15. JonK22

    JonK22 Well-Known Member

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    Yes what bill, the one Dubya opposed to reform F/F? Of course it didn't matter since Dubya's cheerleading of the Banksters subprime loans was driven by PRIVATE MARKETS NOT GSE's
     
  16. JonK22

    JonK22 Well-Known Member

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    ME:

    "Once more I'll note you didn't present ANYTHING on Barney Frank and his super powers in the GOP controlled House!"

    COOL WANT TO TRY AGAIN? You know since the minority party in the House is so powerful? lol
     
  17. Turtledude

    Turtledude Well-Known Member Donor

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    you seem to think that we should want everyone to be exactly equal

    I don't
     
  18. garyd

    garyd Well-Known Member

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    The Russian weren't doing anything while Trump was in charge they didn't have the money with oil at forty dollars a barrel. Trump sent them weapons Obama sent them socks...
     
  19. JonK22

    JonK22 Well-Known Member

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    Equal? Exactly? LMAOROG
     
  20. LangleyMan

    LangleyMan Well-Known Member

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    Interesting.
     
  21. LangleyMan

    LangleyMan Well-Known Member

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    You made it about me. You need to stop the personal attacks.
     
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  22. JonK22

    JonK22 Well-Known Member

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    John Bolton said Putin put off invading Ukraine while Trump ‘did a lot of his work for him’
    ‘To Putin’s mind...a weaker Nato is a stronger Russia’


    As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum.

    In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.

    The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that led to a landmark global deal to slash oil supply as demand collapsed in the coronavirus pandemic - scoring a diplomatic victory for the White House.

    Trump delivered the message to the crown prince 10 days before the announcement of production cuts. The kingdom’s de facto leader was so taken aback by the threat that he ordered his aides out of the room so he could continue the discussion in private, according to a U.S. source who was briefed on the discussion by senior administration officials.

    The effort illustrated Trump’s strong desire to protect the U.S. oil industry from a historic price meltdown as governments shut down economies worldwide to fight the virus. It also reflected a telling reversal of Trump’s longstanding criticism of the oil cartel, which he has blasted for raising energy costs for Americans with supply cuts that usually lead to higher gasoline prices.

    https://www.reuters.com/article/us-...se-u-s-military-support-sources-idUSKBN22C1V4

     
  23. LangleyMan

    LangleyMan Well-Known Member

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    Most of the subprimes were written during the Bush Presidency.

    IMG_0370.gif
     
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  24. JonK22

    JonK22 Well-Known Member

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    You know big bad Gov't forced those wall streeters to loan to poor people without credit checks, down payments or even jobs, that's why banksters paid fines so large :banana:

    08/10/2017

    Since the outbreak of the financial crisis in 2007, financial institutions have paid more than Qatar's GDP in fines for their wrongdoings. As investigations and lawsuits continue, that number is expected to grow.

    $150 billion (127.6 billion euros) - that's how much US authorities have collected in fines from financial institutions for shady dealings with subprime mortgages since the beginning of the credit crisis in 2007, according to research by the British business daily Financial Times (FT).
    https://www.dw.com/en/financial-cri...ord-10-years-after-market-collapse/a-40044540


    [​IMG]
     
    Last edited: May 27, 2023
  25. AARguy

    AARguy Banned

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    Most of my estate is going to the NRA. My son is a Cornell and Fordham Law grad. He doesn't need my help.
     

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