It's Official: Trump Tax Cuts Are Boosting Growth And Mostly Paying For Themselves

Discussion in 'Budget & Taxes' started by MolonLabe2009, Apr 11, 2018.

  1. rahl

    rahl Banned

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    You don't believe in basic math?

    Are you serious?
    economies are judged by administration. Bush handed off the administration when the economy was at it's worst since the great depression. Obama turned that around and handed trump a booming economy, with almost full employment and record high stock market.
    Except all he did was slash tax revenues, and increase spending on top of that, hence the deficit. The economy has been on the same upward trajectory for 7 years.
     
  2. rahl

    rahl Banned

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    Nope. And I've already called you on this.

    You know that none of this is true, as it's been refuted about 100 times in dozens of other threads.
     
  3. Bluesguy

    Bluesguy Well-Known Member Donor

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    Which is a mere 3-5% of GDP and by the time the Democrats also got control of the administration the recession had already turned the corner, we were 2/3's through it and the job loss rate bottomed out that month. All they had to do was get us into a full recovery which they never did.
     
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  4. rahl

    rahl Banned

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    The revenues were slowed by slashing revenue. It's basic math. I know how badly you struggle with basic concepts. The high tax revenue is a direct result of the tech boom.
     
  5. Bluesguy

    Bluesguy Well-Known Member Donor

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    I don't believe economic principles or people have changed much and the Reps LOWERED the deficits and produced surpluses and paltry deficits. It was the Democrats who exploded it with their huge increases in spending and anti-investment and economic growth policies going from $161B to $1,400B in just two years and keeping it over $1,000B for the next three.
     
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  6. MolonLabe2009

    MolonLabe2009 Banned

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    We are left with a deficit because of the bloated spending, not because of the tax cuts.
     
  7. Bluesguy

    Bluesguy Well-Known Member Donor

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    No they weren't they hit record increases under Republican control and policy helping produce surpluses and paltry $161B deficits. The Democrats hit the TRILLION dollar marks even though you try to ridiculously assert that Bush could have and should have somehow vetoed their 2009 budget with it's $1,400B deficit and should be blamed for it.
     
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  8. ronv

    ronv Well-Known Member

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    And yours are better. :roflol:
     
  9. Ddyad

    Ddyad Well-Known Member

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    Now you are ready to run for office against any DP/RP politician.
    Run Dairy Run! :)
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    Your graph refutes nothing I said and the Democrats took the Congress two years BEFORE they took the White House and a YEAR before the recession.
     
  11. rahl

    rahl Banned

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    It's basic math. If you reduce the percentage of what you take in, you reduce what you will actually take in.

    yes, democrats had huge deficits, as a direct result of republican incompetence in causing the worst recession in 80 years.
     
  12. rahl

    rahl Banned

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    and every time you make this silly claim, you get cornered by being challenged to name a single piece of legislation they passed that caused the recession. You then run for the hills, and repeat some other refuted bullshit. It's pathetic.
     
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  13. ronv

    ronv Well-Known Member

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    Speaking of inaccurate.
    upload_2018-4-12_10-21-27.png
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    My what? I deal with the historical data which shows how inaccurate are CBO projections.
     
  15. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Yet, you told me before you are non blaming Dems, but now you blame them?

    Plus, you still don't answer what measures could have been taken to avert the great recession and the increase in deficits incurred by it.
     
  16. ronv

    ronv Well-Known Member

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    That's your problem. Whose do you like? Brietbart's?
     
  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    Me>> the Democrats took the Congress two years BEFORE they took the White House and a YEAR before the recession.

    Refute it. And support your claim that Bush could have and should have vetoed their 2009 budget which drove us into huge deficits without getting us into a full recovery.
     
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  18. Bluesguy

    Bluesguy Well-Known Member Donor

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    For the recession no I don't blame either party FOR it. I blame the Democrats for their failed policies to DEAL WITH IT. Learn the difference I'm tired of trying to explain it to you over and over and over. And yes I have answered over and over and over and you ignore it.
     
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  19. Bluesguy

    Bluesguy Well-Known Member Donor

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    OMB, CBO (they do a good job of historical data compilation it's their crystal ball that is so lacking), various other financial and economic sources.
     
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  20. rahl

    rahl Banned

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    I did. every time you make this silly claim, you get cornered by being challenged to name a single piece of legislation they passed that caused the recession. You then run for the hills, and repeat some other refuted bullshit. It's pathetic

    Just like you did above, lol
     
  21. hawgsalot

    hawgsalot Well-Known Member

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    Wow anyone claiming the Obama years were great and not this economy is wacko. I own a manufacturing company and can tell you point blank this economy is leading to the highest growth for this company in 50 years. I'm talking total sales and revenue, it's really amazing. I've hired 15 new middle class jobs this year alone. We're adding on to our building to handle new demand which will create even more jobs. There was nothing but stagnation the past decade period.
     
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  22. rahl

    rahl Banned

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    but your claim is bullshit. They handled it perfectly. They were able to turn it around to UE under 5%, record high stock market and record number of jobs growth of any US president in US history.
     
  23. Bluesguy

    Bluesguy Well-Known Member Donor

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  24. Bluesguy

    Bluesguy Well-Known Member Donor

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    ROFLMAO the worst fiscal policy in modern history, the worst employment record in modern history and that is perfectly!! And things didn't start to turn around until the Republicans started taking back power to stop them beginning in 2012

    Now when are you going to support your claims about fiscal policy and who is to blame?
     
    Last edited: Apr 12, 2018
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  25. hawgsalot

    hawgsalot Well-Known Member

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