Trump’s Stock Market Returns Fall Behind Obama’s As The Dow Enters Bear Territory

Not as high as not as people were working. More over libs were predicting a recession, so it likely curved that.

 

Trumps ending wars, he is ending Obama’s war of necessity in Afghanistan.

no, the Dept of Tres shows revenue, and it increased after the cuts

 

It increased the deficit far beyond revenue. Next?

 

This crisis has destroyed the GOP's position as a fiscally right wing small tax small spend (which was a lie anyway) party.

 

Your post is completely divorced from reality.

 

The tax cuts didn’t...there was a deficit before the cuts. Spending did. Again the largest drivers are Medicare and Medicaid. We need massive reform

 

What’s incorrect about? The dems were predicting a massive recession back in 2016. The tax cuts created jobs and increase revenue. That’s all true and not speculation.

the largest drivers of debt are Medicare and Medicaid, they need reform

 

Thank you for confirming that you have EVERYTHING assbackwards.

 

struth is apparently in surreal territory.

The deficit grew, which means the Treasury did not take in enough revenue.

 

Sorry it doesn't work that way, tax increases lower velocity to the Treasury, lowering tax's increases velocity, Clinton discovered this way back.

The only thing that can make a serious reduction in the deficit is to seriously cut discretionary spending.

 

Well Bonded does not understand that tax revenue failed to match the increase in deficits.

The only way to seriously reduce the deficit is to cut DOD spending.

 

FY2010-2019
Total spending increased 28.6%
Total discretionary spending DECREASED 0.8%
Total defense spending increased 0.8%

Discretionary spending is a small part - about 1/3- of federal outlays - and getting smaller; the only way to seriously reduce the deficit is to cut entitlement spending.

 

Well I am probably just a softie but I know that a lot of people start with no advantages in life. Some overcome and some don’t.

And as I said before the greatest predictor of the class you end up in is the class you were born into.

And no learning fast would have been marrying only one gold digger. My first and only wife thought I was poor when she married me. She was pleasantly surprised and didn’t change her thrifty ways one bit

 

Well you could actually do that and raise taxes at the same time which would get you there much faster.

 

OK, tax the richies.

 

Are kind of sideways attempt at trying to blame Trump for this virus outbreak? If so you are in the minority.

Personally, I am for taxing those who gave it to the world in the first place then decided to keep it quiet for two months before telling the world.
Lots of ways to do that but I suspect the sudden rush of American business out of China will be a good start.

 

Bill Clinton and his former advisor Dick Morris would disagree with your flawed theory, they reluctantly tried the opposite to lower the debt, that was by lowering tax's, and it worked very well, much better that the so called experts claimed method of raising tax's would.

Velocity went through the roof and the National Debt went down considerably faster than predicted by the so called experts.

I recorded a video of Morris explaining how it worked in the archives and will try to find it and post it here.

As such I have a tendency to believe those who have been involved in the process, versus keyboard warriors who know little or nothing about it.

 

Which does nothing but offshore their investments leaving the U.S. Treasury with less income.

That's what is known as a B&B dumb plan.

 

Tax the richies' off shore investments at the same as the American investments.

If the richies don't want to pay their fair share, seize their businesses and sell them to those who will pay their fair share of taxes.

If someone does business in America, some should pay his fair tax.

 

It doesn't work that way.

They already do, what more do you want?

Only some, not all, very strange attitude.

 

The problem with your logic is that the Trump tax cuts for the rich accomplished absolutely nothing except a very short bump in GDP growth and a massive windfall for the rich. Oh, and of course they did blow up the deficit.

And drawing conclusions from one example proves you really are desperate to pretend tax cuts somehow increase revenue over the long term.

 

Totally false, the tax cuts that where passed where for everyone not just the rich, maybe it's time to put down the liberal Kool-Aid and get it correct someday.

Tax cuts can and have lowered the deficit by increasing spending and investing therefore increasing tax's paid without creating additional unemployment and dependency on the government, both of which actually increase the national debt.

 

Really so you think the deficit was reduced by the Trump tax cuts. Will type more when my uncontrollable laughing stops.

 

Velocity is already up so it's working to a degree, now it's time for more tax and spending cuts.

Maybe try learning before typing more so we can all stop laughing at your misunderstanding of how tax's can destroy an economy.

 

Actually it’s Medicare and Medicaid which are the largest drivers of debt.

all other spendin g should be cut as well though.

Tax revenue went up after the cuts that’s a simple fact. Spending did to, spending will always increase until the largest drivers of debt are reformed