Trump's tax cuts: My result

Correct. When drunken sailors run out of money, they stop spending and hit the rack. When Democrats spend money, they just keep gouging you for more.

Thanks for clearing that up.



Thanks to the Republicans, I got A LOT back in taxes this year and my 401K and retirement is assured. Kids and grand-kids too. Thanks Mr. President.

#MAGA

 

The Bush crash started years before he noticed it.

 

Between the two of us, we are at the very bottom of the top 1%. I made $3k more and paid $400 more. No tax cut for me, but no increase either. I have to laugh when a lefty says that because someone cut taxes, that we are saddling future generations with the debt. I've never been successful selling that approach to my wife. "Sorry about all the credit card debt, I must have just not made enough. It's my boss's fault for not paying me more."

 

And it was actually Bush who warned the Democrat Congress that it was coming. Hell, even SNL acknowledged that fact.

 

Yet he didn't fix it. Sorry, He owns it. Just like Iraq.

 

• April 2001: The Administration's FY02 budget declares that the size of Fannie Mae and Freddie Mac is "a potential problem," because "financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity." (2002 Budget Analytic Perspectives, pg. 142)
• September 2003: Then-House Financial Services Committee Ranking Member Barney Frank (D-MA) strongly disagrees with the Administration's assessment, saying "these two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis … The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," The New York Times, 9/11/03)
• February: The President's FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital and calls for creation of a new, world-class regulator: "The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore … should be replaced with a new strengthened regulator." (2005 Budget Analytic Perspectives, pg. 83)
• July 2005: Then-Minority Leader Harry Reid rejects legislation reforming GSEs, "while I favor improving oversight by our federal housing regulators to ensure safety and soundness, we cannot pass legislation that could limit Americans from owning homes and potentially harm our economy in the process." ("Dems Rip New Fannie Mae Regulatory Measure," United Press International, 7/28/05)

There's more if you want to look at it. Oh, the POTUS doesn't have the checkbook.
https://georgewbush-whitehouse.archives.gov/news/releases/2008/10/20081009-10.html

 

It's called leadership. Bush didn't have any. He was a puppy on a leash.

 

I'm sorry that your argument is all opinion and no facts. That's called fail and you have plenty.

 

It started in the 90s under Clinton during a boom phase.
Brookesly Born, chair of the CTFC warned about the vast amount of derivatives that were being created and the systemic risk they posed. She was fired by Clinyon and Rubin in 98. That same year Rubin authored Graham-Leech-Bliley and was signed by Clinton.

 

Of course everything you said is a demonstrable lie. The fiddle wasn't invented until centuries after Nero died, and the USA is thriving under Trump's leadership.

Your ilk is obviously quite susceptible to a simple brainwashing technique called repeated messaging. The press tells you a lie over and over, and you will believe it despite all of the empirical evidence to the contrary.

It must really suck to be like you people.

 

We lost $6B from cash for clunkers. And the “stimulus package” was nothing more than redistribution of wealth which failed miserably.

 

Very few people know about Brooksley Born.

 

$3 billion on cash for clunkers. I think they had a different objective than you had.
How you do stimulus doesn't matter as long as the money gets spent.

 

That's nice, but it happened on Bush's watch.
The good fairy certainly wasn't going to stop it.

 

Yeah, it really sucks. The press keeps LYING to us while trump keeps telling you the TRUTH. You're a very funny guy. BAARFFFFFF

 

No party spends more then the R party.
Just look at history.

Heck, just look at the last 2 yrs.
Look at the bush2 era with R control.
Which led to the greatest recession ever.

Reagan at the prez, debt went up 186%
Bush over 105%
Obama, 76%

 

Everything obama did failed miserably.
But still, we ended the Republican great recession, nearly tripled the stock market, UE went from 10% to 5%, and over 75 months of pvt sector job growth. A record.
We can use that type of failure, can't we.

 

"The investigation did not establish that members of the Trump Campaign conspired or coordinated with the Russian government in its election interference activities."
Who told the truth about that?
Who lied?

 

And what was that? Removing millions of vehicles that the poor could actually afford?

 

Hmm, That's funny. I thought you only got it if you bought a new car with the rebate.
Kind of like if you like your clunker you can keep your clunker.
With 250 million on the road, I bet you could still find one if you tried.

 

So you saved something like $200 dollars?

 

Funny. Real funny. What did they do with all those turned in clunkers that would otherwise have been on the market?

 

Nobody was.
The FED rules the country on behalf of its member banks, and caused the proplem.
Strangely you view the FED, the guilty party, as the magic fairy

 

They made cheap steel out of them.
There was never a car shortage only a buyer shortage.