Trump: We have Serious Economic Concerns

Discussion in 'Political Opinions & Beliefs' started by Lesh, Feb 14, 2020.

  1. LangleyMan

    LangleyMan Well-Known Member

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    Thanks to Fatso handing out tax cuts to people making $400,000 per year, we now have a $1t deficit.

    We sill don't know if 2019 revenue will be revised, so Trumper apologists like you could be in for a nasty surprise.
     
  2. kriman

    kriman Well-Known Member Past Donor

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    The budget agreed upon by the house and president for FY2017 was $3.982 Trillion. The total budget agreed upon by the house and president in FY2019 was $4.407 Trillion. That is an increase of $425 Billion dollars. Combine that $425 Billion with our "normal" deficit and that accounts for a major part of the huge deficit in 2019. We do not have a revenue problem. We have a spending problem.
     
  3. MolonLabe2009

    MolonLabe2009 Banned

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    I know more than you on economics.
    LMFAO!

    You don't know a damn thing about me.
    • I paid for my daughter's college education with a college fund that I started when she was born.
    • I bought my house in 1993 for $196K and now its worth $850K and it's now mortgage free.
    • My 401K is earning a boatload of money.
    My retirement is looking damn good.
     
    Last edited: Feb 18, 2020
  4. Kal'Stang

    Kal'Stang Well-Known Member

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    Walls help with living conditions.
     
  5. MolonLabe2009

    MolonLabe2009 Banned

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    Tax cuts don't "hand out" anything to anybody. Tax cuts allow people to KEEP more of their OWN money.

    And everyone who pays taxes got a tax cut.
    • All tax brackets were cut.
    • The standard deduction was doubled.
    • The child tax credit was doubled.
    Educate yourself.
     
  6. LangleyMan

    LangleyMan Well-Known Member

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    I have university training and taught the subject for three decades. You spout Trumper propaganda.
     
  7. Kal'Stang

    Kal'Stang Well-Known Member

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    After reading the first couple of pages where numerous Trump hating individuals complained about the deficit and the decrease in pay to federal workers as Trump has proposed, a thought occured to me.

    Many of these same people advocate for at least one of the current Democratic Presidential hopefully that want to increase spending by literally trillions of dollars. And the only way that they explain about how to pay for it is through more taxation. Bernie even admits that there will have to be a tax increase on EVERYONE, not just the rich, everyone else only talks about increasing taxes on the rich.

    Here's a couple of questions for all of you....just how much do you think you can tax the rich before they get fed up and leave the country? Taking their businesses with them. And what do you think is going to happen with the deficit with all of this?
     
  8. MolonLabe2009

    MolonLabe2009 Banned

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    University training? LMFAO!

    I have real life training.

    Like I said before, you don't know a damn thing about me.
    • I paid for my daughter's college education with a college fund that I started when she was born.
    • I bought my house in 1993 for $196K and now its worth $850K and it's now mortgage free.
    • My 401K is earning a boatload of money.
    My retirement is looking damn good.
     
  9. LangleyMan

    LangleyMan Well-Known Member

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    Another Trumper Republican set to gut social programs. Trump promised he wouldn't, but we know what promises mean to him.
     
  10. LangleyMan

    LangleyMan Well-Known Member

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    Medicare-for-all will likely cost less than paying insurance premiums.
    Sanders is a "no answer" bomb-tosser critic. For instance, Sanders wants to phase out fossil fuels and get rid of nuclear power generated electricity.
    Americans have to pay taxes on their worldwide income.
     
  11. Kal'Stang

    Kal'Stang Well-Known Member

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    I'm on my phone so will number my points. Each relating to the corresponding paragraph.

    1: And pay more in taxes. Sanders is right that everyone will have to pay into it in order to sustain it. Unless you plan on making the Rich paupers... and that will only work once because then you're out of Rich folks.

    In any case we're not just talking about UHC here. They also want to give people "free" higher education. Which of course will be paid for by taxes. Another increase. And then there is what has to be done for their climate change proposals. While that "might" not increase people's taxes it WILL affect thier pocketbook in some way. Probably an increase in utility Bill's by quite a bit.

    Plain fact of the matter is that Dem proposals are going to be extremely costly and WILL affect the deficit and people's income in a huge way.

    2: I agree with your view on Sanders. But he's not wrong about having to raise everyone's taxes.

    3: Did you know we're the only nation in the world that does that? But it is simple to get out of. Fill out a few forms and you can renounce your citizenship. Since the rich are...well...rich, they can live anywhere and there would be lots of countries quite willing to take them in and give them citizenship. Especially if they brought thier businesses with them.

    So....realistically, just how much do you think you can tax the rich before they get fed up and leave?
     
  12. kriman

    kriman Well-Known Member Past Donor

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    Dang. I did not know I could do that.
     
  13. LangleyMan

    LangleyMan Well-Known Member

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    Medicare-for-all will likely hold down health care costs, but it will cut down on choice. Anyone who deals with Medicare understands what that means.
    I live part of the year in Canada and know Americans who have started and/or completed the process of renouncing--it's not a simple process and people with money may not be allowed to renounce.
    I understand the principle you're talking about, but we have low taxes compared to other countries, especially on rich people.
     
  14. LangleyMan

    LangleyMan Well-Known Member

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    You are unlikely to get away with it, but the Orange Oaf will keep trying.
     
  15. LangleyMan

    LangleyMan Well-Known Member

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    Typical Trumper ignorance. Why don't we close our universities and save lots of money?
    Subtract the inflated value of your family home, and what do you have?
     
  16. MolonLabe2009

    MolonLabe2009 Banned

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    False. Just the opposite.
     
  17. MolonLabe2009

    MolonLabe2009 Banned

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    Close? I'm not a tyrant like left-wingers are.
    What do I have? A home that is mortgage free.
     
  18. EyesWideOpen

    EyesWideOpen Well-Known Member Past Donor

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    Last edited: Feb 18, 2020
    Dayton3 and MolonLabe2009 like this.
  19. JakeStarkey

    JakeStarkey Well-Known Member

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    Examples, please, EyesWideOpen. I suspect you are talking about SS, Medicare, Medicaid, etc., and those are non-starters for Trump. Can't, won't happen.
     
  20. LangleyMan

    LangleyMan Well-Known Member

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    The evidence isn't on your side. Our neighbors to the north pay a lot less for health care than we do.
     
  21. LangleyMan

    LangleyMan Well-Known Member

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    You're not a tyrant? We pay taxes to support the best university training in the world. If your "real life training" is all we need, why wouldn't you be advocating ending the waste of public money? Why are you reaching for my wallet?
     
  22. LangleyMan

    LangleyMan Well-Known Member

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    Why are you supporting Fatso reducing federal spending on the backs of average folks?
     
  23. MolonLabe2009

    MolonLabe2009 Banned

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    They get what they pay for...longer wait times:

    Specialist physicians surveyed report a median waiting time of 20.9 weeks between referral from a general practitioner and receipt of treatment—longer than the wait of 19.8 weeks reported in 2018. This year’s wait time is just shy of the longest wait time recorded in this survey’s history (21.2 weeks in 2017) and is 124% longer than in 1993, when it was just 9.3 weeks.

    Waiting Your Turn: Wait Times for Health Care in Canada, 2019 Report
    https://www.fraserinstitute.org/studies/waiting-your-turn-wait-times-for-health-care-in-canada-2019
     
  24. MolonLabe2009

    MolonLabe2009 Banned

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    Reaching for you wallet? Just the opposite.

    Why are you expecting taxpayers to pay for your salary?
     
  25. Dayton3

    Dayton3 Well-Known Member

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    In a modern capitalistic nation, everything is always on the backs of the "average folks".
     

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