How in the everliving ******** does that graph accomplish this? Great. I missed that. It was also the least important criticism.
Worth noting that the White House admitted yesterday that its proposal to cut corporate taxes won't be offset by revenue coming from elsewhere. The WH is "OK" with increasing the deficit. Well of course it is. Blowing up the deficit is what Republican Presidents do.
We never claimed that deficits were evil. But you know this. Hey, how's that Obamacare replacement going?
The dialogue works like this - 1) Dems - "We're in a recession, now might be a time to run a deficit" 2) Republicans - "Evil! Bad! Irresponsible!" 3) The Republicans get the Presidency -- Make massive deficit spending proposal 4) The Republicans in response to criticism - "Deficits aren't always bad, you know."
Adding several trillion to the deficit looks wildly irresponsible right now. What value is generated from this?
1) The Republicans get to reward corporations 2) The Republicans get to reward the highest earners 3) The Republicans get to reward inherited wealth 4) The Republicans don't have to make hard decisions by offsetting any of that Now, there would be a drawback if the everyday Trump/GOP voter realized he got played. But unlike with health care, that won't happen -- voters take health care personally, but this financial stuff is all so intangible. So there you have the value.
I wondered what "global competitiveness" meant, and if the U.S. is doing well at that, who should get the credit. Well, by this study it means a lot of things ... which can be boiled down to "how well can this country do business." Government policies are a large part of the score, although far from the only part. At any rate, it's hard to reconcile that graph with the MAGA notion that the U.S. declined under the Obama administration.
Especially for the job creators. Well actually now that I think of it, only for them. The others don't pay enough in taxes, if truth be told.
It's literally their plan. Although this plan isn't going to go anywhere because it's not even a real plan. The GOP cannot govern.
Et tu, Bruce? I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth. ...wishful thinking. So is most Republican rhetoric around tax cutting. In reality, there’s no evidence that a tax cut now would spur growth. The Reagan tax cut did have a positive effect on the economy, but the prosperity of the ’80s is overrated in the Republican mind. In fact, aggregate real gross domestic product growth was higher in the ’70s — 37.2 percent vs. 35.9 percent. ... The flip-side of tax cut mythology is the notion that tax increases are an economic disaster — the reason, in theory, every Republican in Congress voted against the tax increase proposed by Bill Clinton in 1993. Yet the 1990s was the most prosperous decade in recent memory. At 37.3 percent, aggregate real GDP growth in the 1990s exceeded that in the 1980s.
You know that, I know that, and the others reading this thread pretty much know that. But Americans don't. I mean, it's dead obvious stuff, so clearly they don't know it for any other reason than they don't want to hear it. They want to get tax cuts while also getting their govt. programs, and then they want to believe that they're not being greedy and taking from their children when doing so. Sorry, fellas, but you're robbing those future generations blind. You're selfish gits, you are.
I admire that Reagan saw that things were not working even with his change in policy and chose to change it, even if the modern GOP does not realize/ignores that he did so. Kansas and Wisconsin are test cases and we see the results. To continue to make the same mistakes is ...
Governing is hard enough when you have competent leadership. When your leader is a hyperactive, masturbation-addicted, septuagenarian moron who acts like he's in a constant state of adderall withdrawal, it's impossible.