It's Official: Trump Tax Cuts Are Boosting Growth And Mostly Paying For Themselves

As predicted -- LOL. It's Clinton's fault.

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Clinton wasn't even in office while the housing bubble blew up to its absurd levels and started tanking.

George "Mr. Ownership Society" Bush was president, and the "business can regulate itself" Republicans controlled both the House and the Senate and the Administration during the entire time housing prices skyrocketed to their absurd bubble levels and then started tanking.

But of course you blame the Dems. The ideological partisan doesn't need facts or reason to hold his/her beliefs.

 

Once again the Democrats took the Congress a year before the recession began and I note you do not give the same consideration to the Republicans in 2001. They failed to take measures to help mitigate it nor get us through it. The recession was over before Obama signed any stimulus and the job losses had peaked the month he took office. Remember when Democrats cared about deficits and debt? Nope they never did. Only the Republicans who balanced the budget and produced surpluses and then after the 2001 recession where they did mostly take the correct measures helping to mitigate the damage got the deficit back down to their paltry $161B. And yes accruate history is like a broken, it never changes in spite of your attempts to spin and misrepresent it over and over and over.

 

this has all been thoroughly refuted.

 

The causes of Recession were soldily in place by the time the Dems took Congress and Bush would not work with them.

End of story.

 

Yes, and in 2007, when the Democrats controlled congress, the total deficit was a mere $161B.

But by that time the housing bubble had already popped, and it was just a matter of time.

Consideration for what? Squandering the Clinton surplus?

That is just flat out false. The passed the tax cuts Bush wanted, among other things. And the Stimulus, and several other programs.

Oh is that the Bluesguy line now?

Let's remind ourselves how that recession was just about "over" when Obama took office, shall we?


January 2009

Job loss: Worst in 34 years
Employers slashed 598,000 more jobs in January [2009] as unemployment rate climbed to 7.6%.

NEW YORK (CNNMoney.com) -- Employers slashed another 598,000 jobs off of U.S. payrolls in January, taking the unemployment rate up to 7.6%, according to the latest government reading on the nation's battered labor market.

The latest job loss is the worst since December 1974, and brings job losses to 1.8 million in just the last three months, or half of the 3.6 million jobs that have been lost since the beginning of 2008.
http://money.cnn.com/2009/02/06/news/economy/jobs_january/index.htm

Foreclosures up a record 81% in 2008
January 15, 2009: 3:48 AM ET
NEW YORK (CNNMoney.com) -- U.S. foreclosure filings spiked by more than 81% in 2008, a record, according to a report released Thursday, and they're up 225% compared with 2006.
http://money.cnn.com/2009/01/15/real_estate/millions_in_foreclosure/

Market players were also disappointed by reports that U.S. home prices fell 8.7% year-over-year in November, U.S. housing starts fell 15.5% in December, and weekly initial jobless claims rose 62,000 to 589,000.
http://www.businessweek.com/investor/content/jan2009/pi20090122_192905.htm

On Wednesday, the 30-stock Dow Jones industrial average finished with a loss of 248.42 points, or 2.94%, to 8,200[/B].
http://www.businessweek.com/investor/content/jan2009/pi20090114_103250.htm

598,000 Jobs Shed In Brutal January
Unemployment Hits 7.6% as Downturn Picks Up Steam

The need for progress on those fronts seemed more important than ever yesterday, as the Labor Department announced that conditions worsened more than expected last month. The nation's employers shed 598,000 jobs, the most since 1974, driving the unemployment rate to 7.6 percent from 7.2 percent. If the jobless rate keeps rising at the pace it has for the past two months, it will hit double digits in summer and reach its highest rate since the Great Depression by the fall.
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/06/AR2009020601156.html

GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (PRELIMINARY)
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 6.2 [later revised to 9.2] percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to preliminary estimates released by the Bureau of Economic Analysis.
http://www.bea.gov/newsreleases/national/gdp/2009/pdf/gdp408p.pdf

Continued Unemployment Claims at Record High
In the week ending Jan. 24, the advance figure for seasonally adjusted initial claims was 588,000, an increase of 3,000 from the previous week's revised figure of 585,000.
http://www.calculatedriskblog.com/2009/01/continued-unemployment-claims-at-record.html

Housing Market Update - January 2009
The housing statistics for November 2008 were dire and depressing. They were so bad, in fact, that Lawrence Yun, the National Association of Realtors' chief economist, said November’s price drop was the largest the association had ever recorded and probably the worst decline since the Great Depression.
http://www.forest2market.com/blog/housing-outlook-january-2009#sthash.hHUqWRIV.dpuf

Conservatives have to invoke a fantasy world to make their case.

You mean aside from the fact that the deficits fell dramatically during the past two Democratic administrations while skyrocketing during the Republican ones?

Clinton was not a Republican. I keep telling you. Check google if you don't believe me.

 

Um, that’s how you win elections. No one told you?

 

Quit dodging and answer the question.

You've claimed Defendants caused the huge increase in spending in FY2009 and the deficit going from $161 in 07 to $1.4T in 09 because of the Stimulus, and you have no idea how much stimulus spending occurred in FY2009?

Of course not. Because you're just making **** up.

Quit dodging and answer the question.

You've claimed Defendants caused the huge increase in spending in FY2009 and the deficit going from $161 in 07 to $1.4T in 09 because of "huge regulatory increases on industry and business" and you cannot identify a single regulation or a single dollar amount of these supposed regulations?

Of course not. Because you're just making **** up.

Quit dodging and answer the question.

You've claimed Defendants caused the huge increase in spending in FY2009 and the deficit going from $161 in 07 to $1.4T in 09 because of "tax increases on higher earners," and you cannot identify a single tax increase, or a single dollar amount of these supposed tax increases on spending or the budget?

Of course not. Because you're just making **** up.

Quit dodging and answer the question.

You've claimed Defendants caused the huge increase in spending in FY2009 and the deficit going from $161 in 07 to $1.4T in 09 because the Democrats "take over of the health insurance industry" and you cannot identify a single expenditure in FY2009, or a single dollar amount of these supposed health care increases on spending or the budget?

Of course not. Because you're just making **** up.

Quit dodging and answer the question.

You've claimed Defendants caused the huge increase in spending in FY2009 and the deficit going from $161 in 07 to $1.4T in 09 because "the Democrats changed Bush tax rates" and you cannot identify a tax rate change in FY2009, or a single dollar amount of supposed increases on spending or the budget because of supposed tax rate changes?

Of course not. Because you're just making **** up.

You're just making *** up again, because you cannot identify a single dollar or a single program passed by the Dems that you can show caused the spending increase you try to blame on them.

To quote you: "I have responded to your questions to me now be respectable enough to answer mine."

Being a conservative means you don't have to abide by the same rules you demand of others, I guess.

 

nobody disputes the fact trump is president, and was selected by the EC. What is being stated is the American people chose someone OTHER than trump as their president, but because of the outdated EC system, the American people had their will denied.

 

Why are you still asking this same question for the 1000th time that I've answered 1000 times?

Once again: The Democrats had to deal with the Great Recession resulting from the crash of housing bubble that exploded to its absurd levels and then started crashing on the Republicans' watch.

It was the worst recession since the Great Depression, causing revenues to fall and spending to increase, before any stimulus measure that Bush or Obama signed to prevent the Great Recession from being another Great Depression.

So what's donald's and the Republicans excuse for running up the deficit again?

Remember when conservatives pretended they cared about deficits?

So how many times are you going to ask me the same question?

 

Meh, California isn’t the country. I bet you didn’t complain when the EC selected Obama twice.

 

His trade war and massive deficit is damaging the economy and his tax cuts didnt help the middle class nearly as much as they should have.

 

Obama won the actual election, twice. The American people chose him. The EC chose trump. See the difference?

 

Oh, so if the EC selects Obama it is legit. Liberal logic 101. Never had a civics class?

 

it official; tax cut economics increases deficit spending and the national debt.

 

Probably should actually read what is posted. This way you won’t look so silly.

 

I did! You like the EC when it selected Obama but not when it selected Trump. Simple as that.

 

You didn’t, which is why you continue looking silly.

 

Translation, you are not aware of your own illogic.

 

Translation, you refuse to read what you are responding to, and purposefully appear silly.

 

You don’t agree the EC selected Obama. Same EC you know. Same process.

 

you refuse to read what you are responding to, and purposefully appear silly.

 

Can’t answer the question eh. Based on your logic you would have to agree so run away. Guess you are not aware how elections work.

 

What question?

you refuse to read what you are responding to, and purposefully appear silly.

 

Stop misrepresenting what I said, I didn't say it cause ALL the deficit. Are you denying the stimulus was part of the 18% spending increase in 2009?

Are you denying they passed a huge spending increase in FY2009? They bragged about it.

"Unlike last year, when Bush forced Democrats to accept lower spending figures, this year could prove more difficult for the president. The fiscal year begins Oct. 1, less than four months before he leaves office.
"He doesn't have us over a barrel this year, because either a President Clinton or a President Obama will have to deal with us next year," said Senate Majority Leader Harry Reid, D-Nev. "We are not going to be held hostage to the unreasonableness of this president."
Much of the president's plan has little chance of passage, lawmakers and budget experts say. Nearly $200 billion in Medicare and Medicaid savings need congressional approval, which Democrats are unlikely to provide. "Dead on arrival," vowed Sen. Max Baucus, D-Mont., chairman of the Senate Finance Committee.
http://usatoday30.usatoday.com/news/washington/2008-02-03-bush-budget_N.htm

Quote me saying what you are claiming. And are you denying the Democrats came into office promising more regulations especially on coal and energy?

No but feel free to quote me. Are you denying the came into office promising higher taxes on the high earners and corportations and then proceeded to pass such taxes like capital gains and taxes on medical companies?

Quote me saying that. And are you denying they came into office promising Obamacare and a take over of the health insurance industry?

No but quote me saying that.

Nope your not quoting me correctly. I said those things either hurt the economy or hurt the recovery and helped to make the recession deeper and longer and kept us from a full recovery.

Get right next time.

 

Yes the last Republican budget

The recession which you ignore for 2001 but lame blame on everything in 2008, your duplicity showing once again.

Flat out true and we saw how bad it got, the stimulus wasn't passed until AFTER the recession and unemployment blew right by the promise 8% for all the money spend.

Oh is that the Bluesguy line now?

No let's remind ourselves how bad it was two years after the Democrats took the congress back in 2007 when it was just 4.5% unemployment and rising incomes and soaring tax revenues and a deficit heading towards surplus.

Thank you for showing how miserably they failed.
January 2009 two years after the Democrats took control

Job loss: Worst in 34 years
Employers slashed 598,000 more jobs in January [2009] as unemployment rate climbed to 7.6%.

NEW YORK (CNNMoney.com) -- Employers slashed another 598,000 jobs off of U.S. payrolls in January, taking the unemployment rate up to 7.6%, according to the latest government reading on the nation's battered labor market.

The latest job loss is the worst since December 1974, and brings job losses to 1.8 million in just the last three months, or half of the 3.6 million jobs that have been lost since the beginning of 2008.
http://money.cnn.com/2009/02/06/news/economy/jobs_january/index.htm

Foreclosures up a record 81% in 2008
January 15, 2009: 3:48 AM ET
NEW YORK (CNNMoney.com) -- U.S. foreclosure filings spiked by more than 81% in 2008, a record, according to a report released Thursday, and they're up 225% compared with 2006.
http://money.cnn.com/2009/01/15/real_estate/millions_in_foreclosure/

Market players were also disappointed by reports that U.S. home prices fell 8.7% year-over-year in November, U.S. housing starts fell 15.5% in December, and weekly initial jobless claims rose 62,000 to 589,000.
http://www.businessweek.com/investor/content/jan2009/pi20090122_192905.htm

On Wednesday, the 30-stock Dow Jones industrial average finished with a loss of 248.42 points, or 2.94%, to 8,200[/B].
http://www.businessweek.com/investor/content/jan2009/pi20090114_103250.htm

598,000 Jobs Shed In Brutal January
Unemployment Hits 7.6% as Downturn Picks Up Steam

The need for progress on those fronts seemed more important than ever yesterday, as the Labor Department announced that conditions worsened more than expected last month. The nation's employers shed 598,000 jobs, the most since 1974, driving the unemployment rate to 7.6 percent from 7.2 percent. If the jobless rate keeps rising at the pace it has for the past two months, it will hit double digits in summer and reach its highest rate since the Great Depression by the fall.
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/06/AR2009020601156.html

GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2008 (PRELIMINARY)
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 6.2 [later revised to 9.2] percent in the fourth quarter of 2008, (that is, from the third quarter to the fourth quarter), according to preliminary estimates released by the Bureau of Economic Analysis.
http://www.bea.gov/newsreleases/national/gdp/2009/pdf/gdp408p.pdf

Continued Unemployment Claims at Record High
In the week ending Jan. 24, the advance figure for seasonally adjusted initial claims was 588,000, an increase of 3,000 from the previous week's revised figure of 585,000.
http://www.calculatedriskblog.com/2009/01/continued-unemployment-claims-at-record.html

Housing Market Update - January 2009
The housing statistics for November 2008 were dire and depressing. They were so bad, in fact, that Lawrence Yun, the National Association of Realtors' chief economist, said November’s price drop was the largest the association had ever recorded and probably the worst decline since the Great Depression.
http://www.forest2market.com/blog/housing-outlook-january-2009#sthash.hHUqWRIV.dpuf[/QUOTE]

ROFL are you trying to claim the 2008 and 2009 budgets were Republican budgets?

Yes that's why he doesn't get credit for the surpluses, those were Republican budgets. And then again after the 2001 recession when the Republicans brought the deficit back down to $161B. The Democrats couldn't even come close to the WORST Republican deficits.