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It appears the tax cuts aren't paying for themselves
TierbsHsotBoobs
Member Posts: 39,680
in Tug Tavern
Comments
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Just wait until Trump gets his reads down.
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"but Obama..." -
I got mine
Cut spending
Tax cuts paying for themselves was never the argument anyway
Tax cuts spurring growth is and its correct
HTH -
It's easy to spur growth if you run up the debt for future generations.RaceBannon said:I got mine
Cut spending
Tax cuts paying for themselves was never the argument anyway
Tax cuts spurring growth is and its correct
HTH
#BoomersToGitmo -
@HoustonHusky true?RaceBannon said:I got mine
Cut spending
Tax cuts paying for themselves was never the argument anyway
Tax cuts spurring growth is and its correct
HTH -
Paying for themselves is a democrat argument. Spurring growth is a GOP argument. Basic stuff that even retards from eDuck know, hondo
Spending runs up the debt. Increased growth increases revenue.
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You're welcomeBennyBeaver said:Just wait until Trump gets his reads down.
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"but Obama added ten trillion to the debt..."
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RaceBannon said:
Paying for themselves is a democrat argument. Spurring growth is a GOP argument. Basic stuff that even retards from eDuck know, hondo
Spending runs up the debt. Increased growth increases revenue.
https://youtu.be/rya-fZuMX3M
https://www.forbes.com/sites/jeffreydorfman/2017/12/10/the-tax-cuts-will-pay-for-themselves-if-we-wait-long-enough/#d06e55e11bc8 -
Who?
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You will never "balance the budget" your way out of national debt, both because it's super hard and because politicians are greedy pos who don't pay for the bills they incur.
We do however, have the ability to grow GDP to the point where the debt is back to "acceptable" levels.
This was, and always has been the argument. Even Clinton knew this. -
Didn't seem to be that easy for Obama. Lots of debt, anemic growth. But I agree with Race, lets cut spending. Tell us where you'd like to start.TierbsHsotBoobs said:
It's easy to spur growth if you run up the debt for future generations.RaceBannon said:I got mine
Cut spending
Tax cuts paying for themselves was never the argument anyway
Tax cuts spurring growth is and its correct
HTH
#BoomersToGitmo
