Economists Credit Trump

Discussion in 'Current Events' started by Voltamp, Jan 11, 2018.

  1. Quantum Nerd

    Quantum Nerd Well-Known Member

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    1) So, why did you earlier say that the unemployment rate is at 4.1%, when now you claim that is closer to 40%? or did they drop in one year of trump from 40% to 4%? That would be some feat.

    2) I never claimed that the Dems did not use unemployment numbers that are favorable to them, when they are in office.
     
  2. Voltamp

    Voltamp Banned

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    reread my post. i said it is unknown. I also linked an article. read that too.

    lol they don't just do that, they flat out cheat the system, like they did to get obama reelected.
     
  3. Voltamp

    Voltamp Banned

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    boo hoo. work smart, not hard.
     
  4. Durandal

    Durandal Well-Known Member Donor

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    Hm. Very different from the waah-waah I hear from cons when it comes to taxes. Gubmint shouldn't touch people's income, but when it comes to the wealthy enriching themselves at others' expense? Work smart, slave!
     
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  5. Chuck711

    Chuck711 Well-Known Member

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    The economic success we have seen on the Last 6 years and today are President Obama handling of the economy.

    Europe tried austerity and their recession lasted much Longer.
     
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  6. Voltamp

    Voltamp Banned

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    i don't mind wealthy people getting rich off of me, as I am wealthy too.

    if i was unksilled, uneducated, worked in retail or some such crap, I could see myself being bitter about rich people.
     
  7. Voltamp

    Voltamp Banned

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    economists disagree my friend. read the article.
     
  8. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Yeah for sure. I think we should credit Obama with everything positive and only blame Trump for the negative stuff. And I'm talking about for the next 7 years. It's only fair. Obama blamed Bush for all of his failures for 8 years so it only makes sense that Obama gets the credit for all of Trump's success for 8 years. And if a Republican wins in 2024, his success shall also go to Obama as well, but if a democrat wins, his failures shall be pinned directly on Trump.
     
  9. MrTLegal

    MrTLegal Well-Known Member

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    *snooze*
     
  10. VanCleef

    VanCleef Well-Known Member

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    "at least some credit".

    lol
     
  11. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Whoever edited your avatar picture with the Microsoft Paint app needs to be fired.
     
  12. Jiminy

    Jiminy Well-Known Member

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    Obama prevented the Great Republican Recession from becoming the the Second Great Republican Depression if the Republicans had won the
    White House in 2008. Now with Commie Donnie, it is only a matter of time before the Great Republican Recession begins; supply-side socialism
    and economic downturns go hand-in-hand.
     
  13. GoogleMurrayBookchin

    GoogleMurrayBookchin Banned

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    the internet is a cesspit and everyone thinks they're the only diamond in it. you can either joyously hop on the hypocrisy shitfest train or log off
     
  14. VanCleef

    VanCleef Well-Known Member

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    They also credited Obama in 2017. You can't pick and choose what you want to believe from the economists.

    I'm glad both did well, or Bush's recession would have rekt us much worse.
     
  15. Baff

    Baff Well-Known Member

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    It's a nonsensical comment demonstrating an inability to comprehend what tax is.

    No one pays for a tax cut. They pay taxes.


    Tax is paid by the tax payer.
    After a tax cut, less tax is paid by the tax payer.
     
    Last edited: Jan 11, 2018
  16. Yulee

    Yulee Well-Known Member

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    "More broadly, most forecasters surveyed by the Journal suggested Mr. Trump’s election deserves at least some credit for the economy’s recent strength.

    Duh! Let’s pass his budget for 2018
     
  17. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    The better picture of the health of the economy is housing starts and durable goods orders.
     
  18. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    You just admitted that you do not understand economics or the effects of tax policy on deficits. Taxes result in revenue therefore when you reduce taxes you reduce revenues. There is a hope the tax cuts will stimulate economic growth therefore erase the reduction in revenue with hopeful stimulation and growth. If there is no economic growth you have reduced revenues and therefore you will need to replace the loss of revenue and one way is to borrow ( hense increase deficits). So you pay for the tax cuts by increasing deficits.
     
    Last edited: Jan 11, 2018
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  19. Baff

    Baff Well-Known Member

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    Incorrect, you don't have to replace lost revenues. You can do with out them instead.
    Going without is free. It costs nothing.

    You don't have to pay for "nothing", you can get nothing... for nothing!



    Running a deficit by the way, is an example of not paying for something. Of deferring payment.

    If it helps consider this all in terms of Money in vs money out.
    From the exchequers perspective

    What tax is spent on, government spending = money out.
    Less spending = money out.
    More spending = money out.

    Tax, what you pay = money in.
    Less tax = money in.
    More tax = money in.

    When money in < money out, you have a deficit.



    Vested interests,


    Tax cuts grow the economy of tax payers and reduces the economy of tax payee's.
    And vice versa.
    A tax rise reduces the economy of the tax payer and grows the economy of the tax payee.
     
    Last edited: Jan 11, 2018
  20. Jonsa

    Jonsa Well-Known Member Past Donor

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    and he does. The tax gift to corporate america is no doubt stimulative to a degree. Once the PR payments have been made you can bet that there won't be any more generous employee bonuses but you can bet the executive bonuses are gonna be astronomical.
     
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  21. Jonsa

    Jonsa Well-Known Member Past Donor

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    that you had to explain that is sad.
     
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  22. Voltamp

    Voltamp Banned

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    Please log off
     
  23. Voltamp

    Voltamp Banned

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    LoL y'all have been saying for months now that Trump has 0% credit for the economy.

    When the wall street journal has to begrudgingly give him some credit, so you know good and damn well he's the biggest reason the economy is so good right now
     
    Last edited: Jan 11, 2018
  24. Voltamp

    Voltamp Banned

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    I agree, duh, but try explaining the positive economic effects of Trump's election to the leftists here. It's like trying to explain how great sunlight is to a bunch of vampires
     
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  25. GoogleMurrayBookchin

    GoogleMurrayBookchin Banned

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    - T.S. Eliot
     

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