Trump/Russia Tax Cut a big, stinking failure

Started by The Derp, May 09, 2018, 12:12:19 PM

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AndyJackson

Quote from: The Derp on May 09, 2018, 01:25:13 PM
^^^the only reaction when your fragile worldview is challenged^^^

Someone get that snowflake to a safe space, stat!
Sorry-ass cut & paste response, with no connection to my post.  Par for the course.

Never been to a safe space in my life.  If we happen to get stuck in one together.... you'd best be yelping for antifa !

The Derp

Quote from: Solar on May 09, 2018, 01:14:52 PMI see you have zero grasp of economics.

Vomiting up a chart of debt growth, absent the debt growth prior to Obama (remember, Bush DOUBLED the debt long before Obama was President, and Reagan tripled it) isn't the answer for why your shitty tax policy failed.

BTW - thanks to your tax cut, the deficit will be back to $1T again, after Obama got it down to $500B.

So your tax cut doubled the deficit.  The thing you pretended to care about throughout Obama, after not giving a shit about it during Bush the Dumber.

BTW - I know I said it before, but I'll say it again; BUSH DOUBLED THE DEBT AND REAGAN TRIPLED IT.  And the deficit peacocks like you were silent the entire time.

#winning
I'm the son of rage and love; the Jesus of Suburbia

AndyJackson

Our zoo just got a new monkey !

He sure is cute and entertaining.

Too bad they always get injured and get carried away, after running around crazy for an hour, and falling on their asses.

Cryptic Bert

More money in the paycheck is never a failure.

Cryptic Bert

Quote from: The Derp on May 09, 2018, 01:31:47 PM
Vomiting up a chart of debt growth, absent the debt growth prior to Obama (remember, Bush DOUBLED the debt long before Obama was President, and Reagan tripled it) isn't the answer for why your shitty tax policy failed.

BTW - thanks to your tax cut, the deficit will be back to $1T again, after Obama got it down to $500B.

So your tax cut doubled the deficit.  The thing you pretended to care about throughout Obama, after not giving a shit about it during Bush the Dumber.

BTW - I know I said it before, but I'll say it again; BUSH DOUBLED THE DEBT AND REAGAN TRIPLED IT.  And the deficit peacocks like you were silent the entire time.

#winning

The debt and deficit are not the fault of the taxpayers. It is the fault of the government. The taxpayers should not be punished because congress was irresponsible with their money.

zewazir

Quote from: The Derp on May 09, 2018, 12:12:19 PM
Like we knew it wasn't going to be...LMAO

Economic Growth for Q1 2018 was 0.6% below economic growth for Q4 2017.  So the tax cuts harmed the economy.

U.S. Economy Grew by 2.3% in First Quarter, Easing Slightly
The economy grew at an annual rate of 2.3 percent in the first quarter, the government reported Friday, offering a preliminary glance at how last year's sweeping package of tax cuts is affecting consumers and businesses this year.

...

While the pace is equal to the performance for all of last year, it is below the 2.9 percent annualized rate recorded in the fourth quarter of 2017, and short of Mr. Drumpf's goal of at least 3 percent.
Hmmmm. CNBC, hardly a Trump fan, does not interpret the numbers quite so, shall we say, ignorantly?

https://www.cnbc.com/2018/04/27/first-reading-on-q1-2018-gdp.html

Possum

https://www.wsj.com/articles/treasury-federal-budget-surplus-for-april-largest-on-record-driven-by-tax-deposits-1525976157
A plan that lets workers keep more of THEIR $ that they EARN, a plan that allows cooperation's to invest more of THEIR own $ that they EARN and record tax collected. It isn't really hard to see the economy is moving in the right direction after 8 years of nobama. 

Bronx

#22
Quote from: The Derp on May 09, 2018, 12:12:19 PM
Like we knew it wasn't going to be...LMAO

Economic Growth for Q1 2018 was 0.6% below economic growth for Q4 2017.  So the tax cuts harmed the economy.

U.S. Economy Grew by 2.3% in First Quarter, Easing Slightly
The economy grew at an annual rate of 2.3 percent in the first quarter, the government reported Friday, offering a preliminary glance at how last year's sweeping package of tax cuts is affecting consumers and businesses this year.

...

While the pace is equal to the performance for all of last year, it is below the 2.9 percent annualized rate recorded in the fourth quarter of 2017, and short of Mr. Drumpf's goal of at least 3 percent.

Only a fool would think a growth in the economy is a bad thing. Since you are keeping score and charts here ya go, my friend.

Trump's Economic Scorecard: One Year Since Inauguration

BOOM....!

https://www.forbes.com/sites/chuckjones/2018/01/18/trumps-economic-scorecard-one-year-post-inauguration/#4b6ab3da6b67

Trump economy's sustained growth pace unlike anything seen in 13 years

BOOM.....!

https://www.cnbc.com/2018/01/12/trump-economys-sustained-growth-pace-unlike-anything-seen-in-13-years.html

Oh, and you failed to mention your boy king Obama added a whopping, drum please....10 trillion American Dollars to the national debt. More than all other President combined.... :popcorn:

$10,699,805,000,000 start of Obama's term and the end of Obama's term $19,573,445,000,000.

http://www.businessinsider.com/national-debt-deficit-added-under-president-barack-obama-2017-1

Pick another subject like murdering babies, or men sticking their sex organs in another man's digestive system. Economics isn't your strong suit.
People sleep peacefully at night because there are a few tough men prepared to do violence on their behalf.

A foolish man complains about his torn pockets.

A wise man uses it to scratch his balls.

Solar

Quote from: Bronx on May 11, 2018, 05:46:58 AM
Only a fool would think a growth in the economy is a bad thing. Since you are keeping score and charts here ya go, my friend.

Trump's Economic Scorecard: One Year Since Inauguration

BOOM....!

https://www.forbes.com/sites/chuckjones/2018/01/18/trumps-economic-scorecard-one-year-post-inauguration/#4b6ab3da6b67

Trump economy's sustained growth pace unlike anything seen in 13 years

BOOM.....!

https://www.cnbc.com/2018/01/12/trump-economys-sustained-growth-pace-unlike-anything-seen-in-13-years.html

Pick another subject like murdering babies, or men sticking their sex organs in another man's digestive system. Economics isn't your strong suit.
Yep. or that getting a Grand of your own money back that the govt stole from you is somehow a bad thing.
The logic of libs, only an idiot would think the money belongs to the govt.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

supsalemgr

I think out hit and run Derp has gone back into his hole.
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: supsalemgr on May 11, 2018, 06:05:36 AM
I think out hit and run Derp has gone back into his hole.
I gave him a 24 hr timeout, it expired yesterday.
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

T Hunt

#26
Quote from: The Derp on May 09, 2018, 01:07:58 PM
Ah, so this is a case of "any day now the magic will start working".  Tell you what, why don't you hold your breath until we start seeing this miraculous growth we were promised the tax cuts would create. 

If it didn't magically start before, what makes you think it ever will?  Faith and feelings.  That's ultimately what your argument is going to be, isn't it?  That you have faith that the tax cuts will trickle down because you feel like that is what will happen...even though it never has before, in the many, many times we've tried it.

FYI - Trump didn't even get 3% growth in 2017.  He's already behind growth for Q4 2017.  The market is down 400 points since the tax cuts went into effect.

Is this like a "time-release" thing?  Is the trickle down supposed to be triggered by something?  Y'all were selling it as if the effects would be immediate.  In fact, you all promised that by February, everyone would see it in their checks.  Turns out that was bullshit too.  And not only that, but by repealing the individual mandate, you caused premiums to increase an additional 10% over what they would have already.  That premium increase eats up any nominal benefit a worker might see from this stupid tax cut.



"We swear it'll work, just give it time."

Heard it before from Brownback and Bush the Dumber.  That was after promising immediate positive effects.  Like most of what Conservatives promise, it comes up short.

Wow, way to take one tiny statistic in one brief moment of time and apply it to everything u dont like...

Apparently you have FAITH that the government can handle the economy more than the average individual. Apparently u FEEL butthurt that trump is winning winning winning so u decide to throw a tantrum you cannot back up with facts...

U do know other things were happening then too right? U know unemployment is way down, u know buisnesses are growing and expanding, u know consumer confidence is at an all time high, manufacturing is coming back, and we are getting much better trade deals, and WAY less lazy people are stealing welfare. As for the deficeit are u forgeting the Laffer curve or are u just anti science? The feds will get MORE in taxes by LOWERING taxes. Its very simple, yet hard for ur libtarded brain to grasp. Rememeber this has all worked before, trickle down was a YUGE success.

I guess when the facts come out u conveniently forget to come back to check. Speechless huh?

Please educate yourself before making foolish statments like "tax cuts hurt the economy", which history proves isnt true...
"Let's Go Brandon, I agree!"  -Biden

The Derp

Quote from: The Boo Man... on May 09, 2018, 04:29:03 PMMore money in the paycheck is never a failure.

More money?  A plurality of people haven't seen any increase in their paycheck.  Secondly, any nominal increase in your check is eaten up by the larger increase to health care thanks to you removing the individual mandate.  So brilliant work there, padre...you took three steps back to take one step forward.  How many steps does that leave you behind?
I'm the son of rage and love; the Jesus of Suburbia

zewazir

Quote from: The Derp on May 11, 2018, 07:12:51 AM
More money?  A plurality of people haven't seen any increase in their paycheck.  Secondly, any nominal increase in your check is eaten up by the larger increase to health care thanks to you removing the individual mandate.  So brilliant work there, padre...you took three steps back to take one step forward.  How many steps does that leave you behind?
Well, gee, I hear that 118.38% of paycheck earners have received and average of a 3.8476% increase in pay, as well as 4.392% increase in the percentage of take home pay.

See, I can pull shit out of my ass, too.

walkstall

Quote from: zewazir on May 11, 2018, 07:21:23 AM
Well, gee, I hear that 118.38% of paycheck earners have received and average of a 3.8476% increase in pay, as well as 4.392% increase in the percentage of take home pay.

See, I can pull shit out of my ass, too.


His ass is now out the door.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."