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Trump’s tax cuts barely boosted growth or wages and is not paying for itself

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Comments

  • CirrhosisDawgCirrhosisDawg Member Posts: 6,390

    https://thehill.com/policy/finance/444286-consumer-sentiment-in-us-hits-15-year-high-report

    Bad news for H. Good news for America

    As I was googling through this subject I noted several articles on how Americans don't care about the economy anymore

    As sure as sign as you will find that the economy is doing very good

    Keep hope alive maybe the trade war will cause a depression like the experts keep telling us. Fingers crossed

    Experts? The “yield curve” is prompting warnings. The yield curve is a function of investor sentiments and outlooks, and where profit (or protection) is best extracted. It’s a creature of a free market economy outside federal government protectionist policy making that you prefer, and that’s the reason you don’t understand.
    Keep hope alive

    Bad trade deals are GOOD for America

    We shouldn't expect anything better

    There is no free market with China

    There might be someday if weak willed spineless idiots like you don't have anything to do with it
    I am not the yield curve. I hope you feel better someday.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,807 Founders Club
    I feel great

    China is our enemy. And they own Biden

    Not a tough call at all
  • SFGbobSFGbob Member Posts: 32,211
    El Monte boy thinks China IP piracy is just part of the "free market."
  • CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    SFGbob said:

    El Monte boy thinks China IP piracy is just part of the "free market."

    I knew you’d reduce yourself to the level of communist China. It’s what hopelessly uncompetitive people do.
  • SFGbobSFGbob Member Posts: 32,211

    SFGbob said:

    El Monte boy thinks China IP piracy is just part of the "free market."

    I knew you’d reduce yourself to the level of communist China. It’s what hopelessly uncompetitive people do.
    I knew you'd post some barely coherent gibberish. It's what El Monte boy the lightweight Kunt does.
  • CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    SFGbob said:

    SFGbob said:

    El Monte boy thinks China IP piracy is just part of the "free market."

    I knew you’d reduce yourself to the level of communist China. It’s what hopelessly uncompetitive people do.
    I knew you'd post some barely coherent gibberish. It's what El Monte boy the lightweight Kunt does.
    Your ignore function still isn’t working GayBob.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,807 Founders Club

    SFGbob said:

    El Monte boy thinks China IP piracy is just part of the "free market."

    I knew you’d reduce yourself to the level of communist China. It’s what hopelessly uncompetitive people do.
    I like AMERICA in this one

    Who are you rooting for? Rhetorical
  • SFGbobSFGbob Member Posts: 32,211

    SFGbob said:

    SFGbob said:

    El Monte boy thinks China IP piracy is just part of the "free market."

    I knew you’d reduce yourself to the level of communist China. It’s what hopelessly uncompetitive people do.
    I knew you'd post some barely coherent gibberish. It's what El Monte boy the lightweight Kunt does.
    Your ignore function still isn’t working GayBob.
    Yeah the ignore function here works about as well as your brain El Monte. So tell me El Monte, how did I reduce myself to the level of Communist China? Cue the Kunt gibberish.
  • KaepskneeKaepsknee Member Posts: 14,885

    So

    Deficits matter now Damone. Please try to keep up.
  • BendintheriverBendintheriver Member Posts: 6,010 Standard Supporter
    HHusky said:

    These numbers paint the picture. Obama was creating government jobs (for math challenged liberals that means higher taxes for everyone). Trump is creating private sector jobs which in comparison to Obama is a total turn around and a net positive which of course the article at top does not bother to discuss. The article is written as if we owe the government money because we get to keep more of our own. This only makes sense to idiotic democrats.

    https://www.forbes.com/sites/chuckdevore/2019/02/01/manufacturers-added-6-times-more-jobs-under-trump-than-under-obamas-last-2-years/#a114fe25635a

    Looking at Trump’s first two years, the revised BLS data shows that more than two manufacturing jobs were added for every one job added in government at the federal, state, and local level. In contrast, under Obama, almost five government jobs were added for every one manufacturing job.

    After revising its data for past periods, the U.S. Bureau of Labor Statistics (BLS) reports that seasonally adjusted nonfarm employment grew by 5.1 million jobs in President Trump’s first full two years in office, a 3.5% increase. Private sector payrolls grew by 4.9 million, a 4.0% increase.

    Federal government employment was flat during the Obama years, but don't the facts fuck you up.
    Another lie by a democrat parrot:

    President Obama will set a record for the size of the basic federal workforce, leaving office with more than 1.4 million people collecting government salaries in the civilian agencies in 2017, according to the budget he delivered to Congress on Tuesday.

    It’s a 10 percent jump from the time he took office in 2009

    https://www.washingtontimes.com/news/2016/feb/9/federal-workers-hit-record-number-but-growth-slows/
  • SFGbobSFGbob Member Posts: 32,211

    HHusky said:

    These numbers paint the picture. Obama was creating government jobs (for math challenged liberals that means higher taxes for everyone). Trump is creating private sector jobs which in comparison to Obama is a total turn around and a net positive which of course the article at top does not bother to discuss. The article is written as if we owe the government money because we get to keep more of our own. This only makes sense to idiotic democrats.

    https://www.forbes.com/sites/chuckdevore/2019/02/01/manufacturers-added-6-times-more-jobs-under-trump-than-under-obamas-last-2-years/#a114fe25635a

    Looking at Trump’s first two years, the revised BLS data shows that more than two manufacturing jobs were added for every one job added in government at the federal, state, and local level. In contrast, under Obama, almost five government jobs were added for every one manufacturing job.

    After revising its data for past periods, the U.S. Bureau of Labor Statistics (BLS) reports that seasonally adjusted nonfarm employment grew by 5.1 million jobs in President Trump’s first full two years in office, a 3.5% increase. Private sector payrolls grew by 4.9 million, a 4.0% increase.

    Federal government employment was flat during the Obama years, but don't the facts fuck you up.
    Another lie by a democrat parrot:

    President Obama will set a record for the size of the basic federal workforce, leaving office with more than 1.4 million people collecting government salaries in the civilian agencies in 2017, according to the budget he delivered to Congress on Tuesday.

    It’s a 10 percent jump from the time he took office in 2009

    https://www.washingtontimes.com/news/2016/feb/9/federal-workers-hit-record-number-but-growth-slows/
    They lie, it's what they do, it's who they are.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 15,781 Swaye's Wigwam
    [“In 2018, gross domestic product grew at 2.9 per cent, about the Congressional Budget Office’s projected rate published in 2017 before the tax cut. On the whole, the growth effects tend to show a relatively small (if any) first-year effect on the economy,” the report reads.

    “Although growth rates cannot indicate the tax cut’s effects on GDP, they tend to rule out very large effects particularly in the short run.”]

    Lol at this shit. "We haven't seen 5% GDP growth in the first quarter so the tax cuts have failed." This analysis is so obviously partisan hack job. Good luck selling it.
  • HHuskyHHusky Member Posts: 20,764
    edited May 2019

    HHusky said:

    These numbers paint the picture. Obama was creating government jobs (for math challenged liberals that means higher taxes for everyone). Trump is creating private sector jobs which in comparison to Obama is a total turn around and a net positive which of course the article at top does not bother to discuss. The article is written as if we owe the government money because we get to keep more of our own. This only makes sense to idiotic democrats.

    https://www.forbes.com/sites/chuckdevore/2019/02/01/manufacturers-added-6-times-more-jobs-under-trump-than-under-obamas-last-2-years/#a114fe25635a

    Looking at Trump’s first two years, the revised BLS data shows that more than two manufacturing jobs were added for every one job added in government at the federal, state, and local level. In contrast, under Obama, almost five government jobs were added for every one manufacturing job.

    After revising its data for past periods, the U.S. Bureau of Labor Statistics (BLS) reports that seasonally adjusted nonfarm employment grew by 5.1 million jobs in President Trump’s first full two years in office, a 3.5% increase. Private sector payrolls grew by 4.9 million, a 4.0% increase.

    Federal government employment was flat during the Obama years, but don't the facts fuck you up.
    Another lie by a democrat parrot:

    President Obama will set a record for the size of the basic federal workforce, leaving office with more than 1.4 million people collecting government salaries in the civilian agencies in 2017, according to the budget he delivered to Congress on Tuesday.

    It’s a 10 percent jump from the time he took office in 2009

    https://www.washingtontimes.com/news/2016/feb/9/federal-workers-hit-record-number-but-growth-slows/
    Yeah, when you convert some jobs from military jobs to civilian jobs, you do change the composition of the workforce, but not the size. Reading is fundamental. That MSM Washington Times can be so misleading.
  • SFGbobSFGbob Member Posts: 32,211
    What the fuck happened to El Monte? I see him running that ignorant mouth of his in other threads why did he run away from this one?


    El Monte, how did I reduce myself to the level of Communist China? Come on Kunt, you made the claim back up that fucking big mouth of yours.
  • CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    SFGbob said:

    What the fuck happened to El Monte? I see him running that ignorant mouth of his in other threads why did he run away from this one?


    El Monte, how did I reduce myself to the level of Communist China? Come on Kunt, you made the claim back up that fucking big mouth of yours.

    It’s simple GayBob. Tariffs (taxes on US consumers) are the natural recourse for trumptards who are beaten like a drum by china. Since you can’t beat them you advocate joining them. You are no better than a chi com GayBob.
  • SFGbobSFGbob Member Posts: 32,211

    SFGbob said:

    What the fuck happened to El Monte? I see him running that ignorant mouth of his in other threads why did he run away from this one?


    El Monte, how did I reduce myself to the level of Communist China? Come on Kunt, you made the claim back up that fucking big mouth of yours.

    It’s simple GayBob. Tariffs (taxes on US consumers) are the natural recourse for trumptards who are beaten like a drum by china. Since you can’t beat them you advocate joining them. You are no better than a chi com GayBob.
    El Monte went with gibberish. So I've reduced myself to the level of Communist China because I don't think Chinese IP theft is part of the "free market" like you do.

    Logic only a Kunt could love. And now you see boys and girls why this Kunt is so hesitant to let go of the side of the kiddie pool.

    Glug, glug El Monte.
  • CirrhosisDawgCirrhosisDawg Member Posts: 6,390
    SFGbob said:

    SFGbob said:

    What the fuck happened to El Monte? I see him running that ignorant mouth of his in other threads why did he run away from this one?


    El Monte, how did I reduce myself to the level of Communist China? Come on Kunt, you made the claim back up that fucking big mouth of yours.

    It’s simple GayBob. Tariffs (taxes on US consumers) are the natural recourse for trumptards who are beaten like a drum by china. Since you can’t beat them you advocate joining them. You are no better than a chi com GayBob.
    El Monte went with gibberish. So I've reduced myself to the level of Communist China because I don't think Chinese IP theft is part of the "free market" like you do.

    Logic only a Kunt could love. And now you see boys and girls why this Kunt is so hesitant to let go of the side of the kiddie pool.

    Glug, glug El Monte.
    Tariffs are the protectionist recourse for hopelessly uncompetitive trumptards like you GayBob. Just own it.
  • UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 15,781 Swaye's Wigwam

    SFGbob said:

    What the fuck happened to El Monte? I see him running that ignorant mouth of his in other threads why did he run away from this one?


    El Monte, how did I reduce myself to the level of Communist China? Come on Kunt, you made the claim back up that fucking big mouth of yours.

    It’s simple GayBob. Tariffs (taxes on US consumers) are the natural recourse for trumptards who are beaten like a drum by china. Since you can’t beat them you advocate joining them. You are no better than a chi com GayBob.
    Sticking your head in the sand and refusing to acknowledge what is happening via state sponsored international corporate sabotage and market manipulation doesn't make it go away. I can't think of a major Economist that denies that it's a problem at this point. CDawg says so though so I guess that makes it all better.
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