Just talking about HIS linkage of disasters and taxes.
Read HIS tweets...
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Just talking about HIS linkage of disasters and taxes.
Read HIS tweets...
That's a distraction.
Trump and the repubs are desperate to pass something to show they can govern.
Let's see the details of this tax reform bill.
I suspect it will be 'trickle down' which won't fly very well with the dems.
Another episode of the Washington comedy show......stay tuned.
I lived in the Carter years, worked in those years, and before "trickle down" from Reagan, the country just kept going deeper in a financial hole and interest rates, including mortgage rates just kept going up, and that's not including the Arab Oil Embargo. Thank Reagan for "Trickle Down Economics" saving America.
Now let's wait and see what the new tax plan is.
Not sure how giving people with more money than they can spend more money advances the economy.
$83BILLION PER MONTH that BO was dumping into Wall Street for 8 YEARS (causing the National Debt to keep climbing) to give appearances that everything was going good economically........all while GIVING PEOPLE WITH MORE MONEY THAN THEY CAN SPEND EVEN MORE MONEY because they were the only ones with the money on hand to INVEST in Wall Street while Joe Plumber with a retirement plan portfolio lost their shirts.
BO inherited an economy going down hill fast.
It was decided to go the low interest, easy money route to pump dollars into the economy.
This was great for people who already had money but it killed Joe Saver.
I kind of got a smell of this at the start and dumped short term and bought long term before prices went nut-so.
Now the economy is picking up and the fed is talking about pulling that easy money back.
We will see how this plays out.
What would you have done if you were BO?
began with the housing decisions made by Clinton during HIS terms and continued by the lies coming out of the Housing and Financial heads (all DEMS) during GWB that continued to tell everyone that all was well and solvent.
IF I were BO, I would have listened to the REAL financial experts who were all screaming to let the chips fall where they normally would....allow the banks and auto industry to fail and recover under natural conditions. It would have recovered much faster via breakups instead of government forced mergers (with fines and punishment benefitting said government) and bankruptcies (which happened anyhow AFTER the bailouts).....and I sure as HELL wouldn't have issued massive 'stimulus' payments to shaky green jobs that never succeeded with the taxpayer being on the losing end of that pipeline. And I never would have authorized that $85B per MONTH to be dumped into Wall Street to give a false narrative that the economy was recovering all while drastically increasing the National Debt....after BO repeatedly called GWB un-American for increasing it by $3T when he increased it over double that with his irrational spending. Now that that money is no longer being dumped, a recession is sure to be close behind, and who will the liberals blame for it? Of course..........
a good many times.....not many people put stock in it anymore except liberals to use as a weapon when the Reps are in charge and they literally fudged the numbers given to the CBO when Obamacare was up for a vote so their numbers would come in where the Dems wanted them to be (that was proven, btw). That's another department that can go away and nobody would miss it and billions would be saved just by eliminating it.
But that's what started in the Obama administration and the Federal Reserve's "easy money" policy and all that money flowed to corporation who then used it to do stock buy backs. If the stock market crashes again, all that disappears, but the debt will remain on those corporations, and they'd start by selling back stock at lower prices than they paid for it.
Thank Reagan for "Trickle Down Economics" saving America.
You're being sarcastic, Right?
President Ronald Reagan: Total = $1.412 trillion, a 142 percent increase
INCREASED the deficit by 142%?
"saved" America?
Bill Clinton had 4 surplus years.
the NATIONAL DEBT doesn't....it only keeps getting larger......even Clinton had a large ND number.....and his four surplus years of Deficit numbers was thanks to REPUBLICANS, JP....but do they get credit for it from people like you?
Does that mean the country should continue to spend more than they take in AND increase it yearly?
so there is absolutely NO point in trying to get out of debt?
Resistance is futile?
Who would believe anyone that runs on a "change" platform?
and his four surplus years of Deficit numbers was thanks to REPUBLICANS, JP....but do they get credit for it from people like you?
FINALLY you say something good about Clinton...THEN you spoil it by giving the Reps ALL THE CREDIT.
I don't have to give credit to anyone ...you'll take it whether deserved or not.
....about the national debt when Obama was blowing it up, even doubled it during his administration? Did you see any real economic improvements from it? No. In fact the stock market was getting ready to take a dive, but perked up right after Trump was elected, even before Trump took office. The debt is still there, someday it has to get reduced or paid off. Andrew Jackson paid the debt off during his administration and soon as he had a surplus, all the greedy special interest began deviling him to spend it on them, and some of the nastiest press, not seen till today's politics when those groups failed to get the US money from him.
Oh, know who really owns the Federal Reserve? The Rothschild banking system. Can you say "Weimar Republic"? Our forefathers warned us against national banks and also against using European bankers, like The Rothschilds.