Trump/Russia Tax Cut a big, stinking failure

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

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The Derp

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

AndyJackson

The boys in NC are missing one their best dipshits.

Get on home, there's an amber alert out for ya.

The Derp

Quote from: AndyJackson on May 09, 2018, 12:30:39 PM
The boys in NC are missing one their best dipshits.
Get on home, there's an amber alert out for ya.

So because you cannot adequately defend what is terrible, destructive, awful tax policy, your natural instinct is to try and levy a personal attack.

Like so much of what the right-wing does, it's completely impotent.
I'm the son of rage and love; the Jesus of Suburbia

AndyJackson

Quote from: The Derp on May 09, 2018, 12:44:23 PM
So because you cannot adequately defend what is terrible, destructive, awful tax policy, your natural instinct is to try and levy a personal attack.

Like so much of what the right-wing does, it's completely impotent.
I notice that you can't offer a well constructed argument, so you simply offer your "feelz".

Are you sure that one single statistic is a great basis for your sweeping proclamation ?

The Derp

Quote from: AndyJackson on May 09, 2018, 12:46:59 PMI notice that you can't offer a well constructed argument, so you simply offer your "feelz".

I refer you to the OP of this thread, boy wonder.

Your shitty tax cut harmed economic growth, nor has it delivered on any of the lofty promises made of it.

Why not just admit you got conned? 


Quote from: AndyJackson on May 09, 2018, 12:46:59 PMAre you sure that one single statistic is a great basis for your sweeping proclamation ?

Sure is.  You're the ones who said cutting taxes would unleash all this investment and growth.

Since your tax cut, the economy slowed by 0.6% and the Dow dropped 400 points.
I'm the son of rage and love; the Jesus of Suburbia

AndyJackson

A couple of months' data, and 400 points on the Dow, do not make a historical event.

It would be a real shame if you couldn't understand this.

supsalemgr

Quote from: The Derp on May 09, 2018, 12:56:52 PM
I refer you to the OP of this thread, boy wonder.

Your shitty tax cut harmed economic growth, nor has it delivered on any of the lofty promises made of it.

Why not just admit you got conned? 


Sure is.  You're the ones who said cutting taxes would unleash all this investment and growth.

Since your tax cut, the economy slowed by 0.6% and the Dow dropped 400 points.

"Your shitty tax cut harmed economic growth,"

I would be very interested in knowing some details on how the tax cuts "harmed" the economy. I bet I will never hear from you on that.
"If you can't run with the big dawgs, stay on the porch!"

The Derp

Quote from: AndyJackson on May 09, 2018, 01:01:46 PMA couple of months' data, and 400 points on the Dow, do not make a historical event.

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.



Quote from: AndyJackson on May 09, 2018, 01:01:46 PMIt would be a real shame if you couldn't understand this.

"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.
I'm the son of rage and love; the Jesus of Suburbia

AndyJackson

Give us hell, Harry !

You are a one-man army of aggravating apoplexy, and nattering naybobbery.

You are like the Comet Kunthoutek, we get one that circles us every now and then.  And then flames out like the gnat in the candle.

Solar

Quote from: The Derp on May 09, 2018, 12:56:52 PM
I refer you to the OP of this thread, boy wonder.

Your shitty tax cut harmed economic growth, nor has it delivered on any of the lofty promises made of it.

Why not just admit you got conned? 


Sure is.  You're the ones who said cutting taxes would unleash all this investment and growth.

Since your tax cut, the economy slowed by 0.6% and the Dow dropped 400 points.
I see you have zero grasp of economics.

Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

AndyJackson

Hey man, you stole "We swear it'll work, just give it time" directly from the communism apologists.

Just like a liberal calling somebody else snowflake or triggered.  It just doesn't work when you've been whining (or living) the same phrase yourself incessantly.  And you invented it, lol.

The Derp

Quote from: supsalemgr on May 09, 2018, 01:04:59 PMwould be very interested in knowing some details on how the tax cuts "harmed" the economy.

Simple:

GDP Growth Q4 2017:  2.9%
GDP Growth Q1 2018:  2.3%

Is 2.3% > or < 2.9%?

If GDP growth slowed, that would indicate what?  HARM TO THE ECONOMY.
I'm the son of rage and love; the Jesus of Suburbia

AndyJackson

Quote from: The Derp on May 09, 2018, 01:18:37 PM
Simple:

GDP Growth Q4 2017:  2.9%
GDP Growth Q1 2018:  2.3%

Is 2.3% > or < 2.9%?

If GDP growth slowed, that would indicate what?  HARM TO THE ECONOMY.
So.... guy shows you 8 years' data..... you show him 3 months' data..... you declare victory.

You have got to get off that private planet now and then.

AndyJackson

Quote from: supsalemgr on May 09, 2018, 01:04:59 PM
"Your shitty tax cut harmed economic growth,"

I would be very interested in knowing some details on how the tax cuts "harmed" the economy. I bet I will never hear from you on that.
We should have realized that the terms "shitty" "Drumpf" and "Bush the dumber" would precipitate a very intelligent, informed message to us.

The Derp

Quote from: AndyJackson on May 09, 2018, 01:12:30 PM
Give us hell, Harry !

You are a one-man army of aggravating apoplexy, and nattering naybobbery.

You are like the Comet Kunthoutek, we get one that circles us every now and then.  And then flames out like the gnat in the candle.

^^^the only reaction when your fragile worldview is challenged^^^

Someone get that snowflake to a safe space, stat!
I'm the son of rage and love; the Jesus of Suburbia