Trump Economy = Middle Class Boom

Discussion in 'Current Events' started by Paul7, Nov 13, 2019.

  1. Moi621

    Moi621 Well-Known Member Past Donor

    Joined:
    Jul 13, 2013
    Messages:
    19,294
    Likes Received:
    7,606
    Trophy Points:
    113
    Gender:
    Male
    Really.


    Who Has Not "felt it"? Please speak up.
    Consumerism drives the :flagus: economy and people are spending.
    People do not spend if they worry their job will be gone next month.
    Likewise, newly unemployed.


    Deficit spending?
    How much is truly Trump and how much is "programmed"
    before Trump.

    Argue "statistics" and whose they are.
    See first paragraph above!


    Moi :oldman:



    No :flagcanada:
     
  2. Quantum Nerd

    Quantum Nerd Well-Known Member

    Joined:
    Nov 14, 2014
    Messages:
    18,105
    Likes Received:
    23,528
    Trophy Points:
    113
    Consumers are spending by going further into debt. A common side effect of GOP tax-cutting economics.
     
  3. TheGreatSatan

    TheGreatSatan Banned

    Joined:
    Oct 13, 2009
    Messages:
    21,269
    Likes Received:
    21,244
    Trophy Points:
    113
    Democrats are mad that they lost 2016 and can no longer manage America's decline. Democrats invest in foreign companies like in the Ukraine and then use their power in America to crush American companies.
     
  4. Moonglow

    Moonglow Well-Known Member

    Joined:
    Nov 19, 2013
    Messages:
    20,754
    Likes Received:
    8,047
    Trophy Points:
    113
    Gender:
    Male
    I was making twice the median household income during Clinton and Bush aso yous guys are way behind the curve, and dear old Dad was cruising at $200k in the 1990-2006 time frame. Why do yous people earn so little?
     
  5. Paul7

    Paul7 Well-Known Member

    Joined:
    Jun 4, 2012
    Messages:
    15,854
    Likes Received:
    11,608
    Trophy Points:
    113
    The tax cut saved me about $14K last year.
     
    TheGreatSatan likes this.
  6. Moi621

    Moi621 Well-Known Member Past Donor

    Joined:
    Jul 13, 2013
    Messages:
    19,294
    Likes Received:
    7,606
    Trophy Points:
    113
    Gender:
    Male
    Did YOU deserve it?

    :roflol:



    If it were a conversion to the Eisenhower Tax Code
    with numbers converted to 2017 units -
    would you bank $14K
    (converted) or owe more?
     
  7. opion8d

    opion8d Well-Known Member Past Donor

    Joined:
    Jan 6, 2018
    Messages:
    5,864
    Likes Received:
    4,631
    Trophy Points:
    113
    Enjoy. Middle class tax cuts expire in a few months. Rich guys get to keep theirs though.
     
    DaveBN likes this.
  8. Moonglow

    Moonglow Well-Known Member

    Joined:
    Nov 19, 2013
    Messages:
    20,754
    Likes Received:
    8,047
    Trophy Points:
    113
    Gender:
    Male
    Which foreign companies has the Democrats(I am guessing you are inferring to the DNC or is it individuals that are buying these companies you are always so generically generalizing to broadcast your rhetorical propaganda ad hoc? )
    And which US companies have been crushed( I am guessing that you are not being literal.)?
     
  9. TheGreatSatan

    TheGreatSatan Banned

    Joined:
    Oct 13, 2009
    Messages:
    21,269
    Likes Received:
    21,244
    Trophy Points:
    113
    For example, Democrats send their family members to serve on energy companies in the Ukraine while regulating American energy companies out of business to the point it would take a magic wand to bring them back. I'm sure many other family members of Democrats serve on foreign companies all over the world while Democrats destroy their competitors here in America.
     
  10. Moonglow

    Moonglow Well-Known Member

    Joined:
    Nov 19, 2013
    Messages:
    20,754
    Likes Received:
    8,047
    Trophy Points:
    113
    Gender:
    Male
    There are people that come from Republicans backing families doing the same yet you feel it is only wrong if people who support the Democratic Party do it...Hmmm...You get paid well to be a tool and a fool?
     
  11. TheGreatSatan

    TheGreatSatan Banned

    Joined:
    Oct 13, 2009
    Messages:
    21,269
    Likes Received:
    21,244
    Trophy Points:
    113
    Republicans that act like Democrats are called rinos. I think rinos are worse then Democrats because they lie about who they are.
     
  12. hampton86

    hampton86 Well-Known Member

    Joined:
    Jul 6, 2016
    Messages:
    974
    Likes Received:
    328
    Trophy Points:
    63
    Yay Obama recovery!
     
  13. hampton86

    hampton86 Well-Known Member

    Joined:
    Jul 6, 2016
    Messages:
    974
    Likes Received:
    328
    Trophy Points:
    63
    Raised taxes on the wealthy??

    You've got to be kidding. Posters shouldn't be that ignorant of the facts.

    Care to back that up?
     
  14. TheGreatSatan

    TheGreatSatan Banned

    Joined:
    Oct 13, 2009
    Messages:
    21,269
    Likes Received:
    21,244
    Trophy Points:
    113
    I wonder if Democrats will vote to extend the tax cuts like they did the bush tax cuts.

    Remember when Democrats said all the same BS about the Bush tax cuts, then voted to extend them?
     
    BuckyBadger likes this.
  15. One Mind

    One Mind Well-Known Member Past Donor

    Joined:
    Sep 26, 2014
    Messages:
    20,296
    Likes Received:
    7,744
    Trophy Points:
    113
    I see these stats and wonder who are seeing these gains?

    For people who do hard work in construction are making working poor wages...still. Years ago these were middle class jobs.

    Work has been devalued. At least in the south.

    And construction is skilled labor. Lets see anyone who sits on their arse go and build a new home.

    Most of my family are in this field . And this field is full of illegal aliens brought in to depress american wages.
     
    Moonglow likes this.
  16. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    42,144
    Likes Received:
    32,985
    Trophy Points:
    113
    Gender:
    Male
    He’s the King of Debt obviously.
    This is what happens when we put a child in office who has had more major bankruptcies than almost any other American.
     
    hampton86 likes this.
  17. TCassa89

    TCassa89 Well-Known Member

    Joined:
    Oct 27, 2013
    Messages:
    9,087
    Likes Received:
    3,716
    Trophy Points:
    113
    Those are the official numbers from the Census Bureau
    https://www.census.gov/newsroom/press-releases/2019/income-poverty.html

    However, the author of the article cites "former researchers and now statisticians at Sentier Research" as his source.
     
    Last edited: Nov 13, 2019
    Quantum Nerd likes this.
  18. TCassa89

    TCassa89 Well-Known Member

    Joined:
    Oct 27, 2013
    Messages:
    9,087
    Likes Received:
    3,716
    Trophy Points:
    113
    Last edited: Nov 14, 2019
  19. hampton86

    hampton86 Well-Known Member

    Joined:
    Jul 6, 2016
    Messages:
    974
    Likes Received:
    328
    Trophy Points:
    63
    Stop blaming illegals because your family is unemployable
     
  20. Quantum Nerd

    Quantum Nerd Well-Known Member

    Joined:
    Nov 14, 2014
    Messages:
    18,105
    Likes Received:
    23,528
    Trophy Points:
    113
    That;s what I found too. No trace of the actual 2019 numbers on the Census website. That's why the OP is conspicuously silent on backing up the initial claim that they are Census numbers, not numbers massaged by a private firm with an ineology to grind.
     
  21. Quantum Nerd

    Quantum Nerd Well-Known Member

    Joined:
    Nov 14, 2014
    Messages:
    18,105
    Likes Received:
    23,528
    Trophy Points:
    113
    Of course they will. Once the tax cut genie is out of the box, it is extremely difficult to put it back in.

    Of course, the GOP did that on purpose, because then they can blame the Dems on the deficit. Typical cynical shenanigans that are so obvious, but so easily missed by the vast majority of Trump fans.
     
    hampton86 likes this.
  22. TCassa89

    TCassa89 Well-Known Member

    Joined:
    Oct 27, 2013
    Messages:
    9,087
    Likes Received:
    3,716
    Trophy Points:
    113
    There is a cited source, but there is a little bit of a trail to follow. The article in the OP sources another article that the author wrote for Fox, which in that article they cite sentier research as the source behind the numbers. However, upon reading the report from the cited source, the numbers which the author used demonstrating growth between this administration and the previous administration are not consistent with the numbers presented by the source he cited, because the report from sentier research shows median income levels were $55,841 in June of 2011, and $66,214 in September of this year.
    https://www.sentierresearch.com/rep...ome_Trends_Report_September_2019_10_30_19.pdf

    It's unclear how he came up with the two numbers showing $1,200 growth under Obama and $5,000 growth under Trump. I suspect he may be mixing sources, and not citing the second source he used for the numbers he presented for Obama. Also, the author is merely presenting numbers for increases in incomes, but not attempting to make any proper adjustments for increases in the overall cost of living
     
    Quantum Nerd likes this.
  23. Libby

    Libby Well-Known Member

    Joined:
    Mar 23, 2017
    Messages:
    8,000
    Likes Received:
    14,224
    Trophy Points:
    113
    Gender:
    Female
    You'll get no sympathy from me for crying about losing your SALT deductions. Complain to the officials in your own state if your SALT are too high. It was never fair to make the rest of us essentially pay the difference for you folks living in over-taxed predominately blue states in the first place.

    Cry me a river about losing your SALT deductions. I have zero sympathy.


    I agree. Most lefties have destroyed their credibility by reacting to literally everything with "but but but, Trump baaaaad!"


    Exactly. Consumer optimism is booming, hence I'm doing nicely now under Trump. Conversely I struggled under Obama. My business centers around an expensive nonessential luxury item, the kind of thing people buy when they're doing well and feel confident about the economy, but not so much under the gloomy mood of Obama's presidency and stagnant economy.


    So you support Trump's efforts to rein in illegal immigration?
     
    Last edited: Nov 14, 2019
  24. Think for myself

    Think for myself Well-Known Member Past Donor

    Joined:
    Aug 18, 2008
    Messages:
    65,277
    Likes Received:
    4,601
    Trophy Points:
    113
    MAGA!
     
  25. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

    Joined:
    May 12, 2010
    Messages:
    28,072
    Likes Received:
    10,580
    Trophy Points:
    113
    Trump didn't spend anymore than Obama did.

    Government spending was essentially flat.
     
    Libby likes this.

Share This Page