The Brits have a new King
- Thread starter Snake006
- Start date
Hmmm. I wonder what occurred in 2020 that demanded an unplanned $4T spending bill that everyone agreed with?? Also, Trump admitted to spending more on defense. He had the largest spending bill in US history.
The tax cuts technically add to the deficit. But they do not take into account the economic growth that comes along with it. This is a farce.
The fact that any black university would have Joe Biden speak is lunacy. But you know, he is a democrat so he good.
Technically? Trump blew up the deficit (like never before) for a short-term economic boost (to help get himself re-elected)! But, that didn't work.
I can tell you're a believer in "Supply-side Economics" which technically is based on the false belief that prosperity will "Trickle Down" to the poor.
It assumes corporations will hire more people and create new jobs to stimulate the economy. What actually happens? Corporations do NOT hire a bunch more people! They end up using the money to BUY BACK THEIR STOCK (which doesn't help ANY people, it just helps their stock's price).
If corporations get a tax break, they usually don't give their own employees a raise, but they may give their already over-paid CEOs another raise!
Yes, "Trickle-down Economics" IS a Farce! And you evidently believe it wholeheartedly? First pushed hard in America by Reagan's economic advisor David Stockman, it didn't work then and it will never work as wasd intended. Many lies were told about it when it was sold to voters and middle-America. A GOP President (Bush 1) even called it "Voo-Doo Economics"!
Trump basically gave himself a fat tax cut to benefit himself and his family. He also gutted the US Inheritance tax. Why? To benefit his own kids!
Methinks a LOT of Republicans need to read the below CBS story:
50 years of tax cuts for the rich failed to trickle down, economics study says
I know Republicans HATE watching MSNBC (which has a much higher viewership than CNN) because they point out all of Trump's many lies. But I guess I forgot Trump's lie that "The press is the enemy of the people". WRONG! The press is our "Watchdog over the government" for the people!
Here's another more impartial assessment:
"Trickle-down economics" and the "trickle-down theory" are terms in United States politics to refer to the idea that tax breaks or other economic benefits provided to businesses and upper-income levels will benefit poorer members of society by improving the economy as a whole. The term has been attributed to humorist Will Rogers, who said of the New Deal that "money was all appropriated for the top in hopes that it would trickle down to the needy."
Today, "trickle-down economics" is most closely identified with the economic policies known as "Reaganomics" (and similar policies). David Stockman, who as Reagan's budget director championed these cuts at first but then became skeptical of them, told journalist William Greider that the "supply-side economics" is the trickle-down idea: "It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."
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That's right, even Reagan's budget director finally admitted it was all BS! There was no need to resurrect such a flawed economic theory ever again, but Trump & the GOP did just that in 2017. In fact, they went WAY overboard! And now (after that unwise tax cut) when they no longer control the White House, the GOP is suddenly concerned about deficits? How come the GOP is NEVER concerned about ANY deficits when THEY are in power?
I don't need mainstream media, or any swamp creatures from DC, to tell me trickle-down/supply side/Reaganomics doesn't work. Why? B/c I've lived it. The majority of employed people in the US are employed by small/medium sized companies...not the evil Corporation. They get more money in their bank account, and they invest it in their business. It may not be in the form of pay raises...it could be equipment, R&D, infrastructure, etc...but it's geared towards improving the business so that the business can grow, employ more people, and pay higher wages. That's the real world. I'm in finance. When Trump cut the corp taxes we met to forecast how much additional cash we would have to re invest in the company. That's real. Not what some bookworm idiot that's never had a real job tells you is going on.
All in all, the real world is a helluva place to go find the truth...you should try it. Or, you can keep believing everything you hear from MSM and read on the internet b/c of the big bad rich man/corporate America.
Hey Trump fans...
Did you hear about this yet?
BREAKING: New lawsuit reveals BOMBSHELL allegation after Rudy Giuliani was sued for $10M over alleged sexual assault. But, buried in the sworn testimony (under penalty of perjury) is revealed that Rudy & Trump came up with an illegal scheme to SELL PRESIDENTIAL PARDONS for $2M! Yes, EXACTLY $2 Million each!
Rudy also explained he gets to SPLIT THE MONEY WITH TRUMP, right down the middle, with each pocketing a cool million for every rich chump they can find who accepts their offer. Yes, it's a new allegation, but it appears to be yet another serious legal problem for both Trump and his top legal advisor (who already had his license to practice law in NY taken away). What IS the penalty for this? Another new Trump court case to worry about?
Rudy Giuliani said he and Trump were selling pardons for $2m apiece, ex-aide claims
The above story is less than 1 hour old right now. Will Fox News cover this?
Did you hear about this yet?
BREAKING: New lawsuit reveals BOMBSHELL allegation after Rudy Giuliani was sued for $10M over alleged sexual assault. But, buried in the sworn testimony (under penalty of perjury) is revealed that Rudy & Trump came up with an illegal scheme to SELL PRESIDENTIAL PARDONS for $2M! Yes, EXACTLY $2 Million each!
Rudy also explained he gets to SPLIT THE MONEY WITH TRUMP, right down the middle, with each pocketing a cool million for every rich chump they can find who accepts their offer. Yes, it's a new allegation, but it appears to be yet another serious legal problem for both Trump and his top legal advisor (who already had his license to practice law in NY taken away). What IS the penalty for this? Another new Trump court case to worry about?
Rudy Giuliani said he and Trump were selling pardons for $2m apiece, ex-aide claims
The above story is less than 1 hour old right now. Will Fox News cover this?
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I’m sue this isn’t BS that’s been “leaked” to take attention away from the Durham findings.
Unless they put some people in jail, my wife and my sister still believe all the lies.
So, treason, perjury, etc. is alive and well! But Durham does not call for prosecution.
FBI says they've already cleaned it up, yeah right!
@DJGamecock
Simple question. What do you think about the FBI/DOJ abusing it’s power to secure a FISA warrant to spy not only on Trump (a private citizen at the time), but also any other private citizen that came into contact with him, and then any private citizen that came into contact with those people that came into contact with Trump? That’s got to be thousands of private US citizens that were surveilled illegally. I’d like to know your thoughts on that.
It appears that everyone is afraid to prosecute these and all the other crimes.
We all know (or should know) that in the end one man will stand up and justice will be done. Until then we live for our Lord and Savior Jesus Christ.
It's not BS! It came out in a 69-page lawsuit filed by Rudy's Gal Friday, who he promised to pay $1 Million per year for (very) "personal services".
Those "Durham findings" you (& Trump) were counting on turned out to be a Complete DUD! TV legal experts said "a total NOTHING Burger". lol
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I've already tried to explain this to you (Twice!) in previous messages. The FBI/DOJ clearly did NOT abuse its power to spy on Trump's campaign!
Trump had set up a "secret" back door direct communications link with Russians, including their Ambassador to the US (Kislyak?). Very BAD idea!
The FBI had NO CHOICE but to investigate what was going on with that UNAUTHORIZED communications channel (finding dirt on Hillary mostly).
It was a potential MAJOR security risk! No other President had ever done anything like that. Getting campaign help from foreign nations is illegal!
The FBI had to check out anybody & everybody involved in this "plan" (plot?). Yes, even Trump's dumbass first Attorney General Jeff Sessions was involved! He denied his involvement at first, but after seeing all the evidence against him, he did admit his involvement and soon recused himself.
Trump never expected that, which led to his plan (plot?) unraveling. Basically, the GOP fed you BS to distract Republicans from the Ugly TRUTH!
Have you heard about Durham?
Edit: nm and he still believes the lie.
@DJGamecock is a lost cause.
Next will be a communist talking point.
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Wow. Ok, let’s assume all of this is true (it’s not), it doesn’t change the fact that the fbi falsified a fisa request…purgery. Is it your opinion that the ends justify the means??
I guess you’re going to tell me Alpha Bank is real next. Lol