I never said Biden was awesome. But I will say that he's better than Trump. Even Bush the Dumber was better than Trump, but that's a low bar.
Lowest unemployment since the moon landing.
- Thread starter Jarod
- Start date
I never said Biden was awesome. But I will say that he's better than Trump. Even Bush the Dumber was better than Trump, but that's a low bar.
Trump was terrible for the economy.
He only created 7 million jobs before he lost 30 million: https://fred.stlouisfed.org/series/PAYEMS
His tax cut was promised to produce growth of "at least 3%", but actual growth was 2.85% and that was just for 2018; 2019 GDP growth was lower.
https://www.statista.com/statistics/996758/rea-gdp-growth-united-states-1930-2019/
We were promised that the tax cut would lead to "increased business investment", but the opposite happened:
A Decline in Capital Investment Reveals the False Promise of Trump’s Tax Bill
https://www.newyorker.com/news/our-...-reveals-the-false-promise-of-trumps-tax-bill
And the year after the tax cut, manufacturing plunged into a recession that cost 300,000 jobs.
U.S. manufacturing was in a mild recession during 2019, a sore spot for the economy
https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/
And then the rest of the economy followed the month before any COVID lockdowns:
Recession officially started in February, researchers say
https://www.foxbusiness.com/economy/us-recession-started-in-february-researchers-say
And the tax cut was also promised to "pay for itself", but that didn't happen...instead, $2T was added to the debt and it took 2 years for revenue to reach what it was before the tax cut:
2 Full Years of tax cuts...the result? Two steps back to take one step forward
https://www.justplainpolitics.com/s...take-one-step-forward&highlight=receipts+2018
And on top of all of this, Trump started a trade war with China that we lost, and were forced to bail out farmer trash to the tune of $30B, more than double the auto bailout.
‘Here’s your check’: Trump’s massive payouts to farmers will be hard to pull back
https://www.politico.com/news/2020/07/14/donald-trump-coronavirus-farmer-bailouts-359932
You are a loser, you have always been a loser, and you will always be a loser.
Run along you halfwit mental case. Life's to short for your special brand of mental retardation.
What a fucking pussy.
The biggest loser on all of JPP and probably the internet.
You are such a crybaby and whiner that the only people who listen to you are the dumb fucking Nazi scum I humiliate here every fucking day.
Grow up, little boy.
Run along you halfwit mental case. Life's to short for your special brand of mental retardation.
What a fucking pussy.
The biggest loser on all of JPP and probably the internet.
You are such a crybaby and whiner that the only people who listen to you are the dumb fucking Nazi scum I humiliate here every fucking day.
Grow up, little boy...you're fucking TERRIBLE at posting on the internet.
Because it's a lie.
Trump only created 7 million jobs between Jan 2017 and Feb 2020, then he lost 30 million jobs.
At no point did he ever create 12 million jobs...
Now watch as you screech, oink, and moo your way into an excuse for being a lying sack of shit.
Because that is what you are, and you're never, ever going to get that shit smell off.
Americans feel poorer than at any time since the great depression. We are not making that up, saving are depleted at historic levels. More Americans are living paycheck to paycheck because of inflation, that is not a thing to celebrate.
ignorance is bliss. enjoy!
Last edited:
Gee, so then maybe we shouldn't give tax cuts to the rich since they didn't trickle anything down, and maybe we should be raising the minimum wage to a living wage.
Because of tax cuts.
No, not because of inflation, because of wage suppression.
The true inflation rate is whatever the rate of wage growth was...anything over that is corporate greed because inflation affects every dollar equally. So the actual inflation rate is the lowest rate of growth, which is always wages.
So if wages grew by 2.5%, but inflation was 8%, then 69% of the inflation rate is attributed to corporate greed and nothing else.
when people are feeling the pinch, tax cuts are well received.
Everyone at all income levels looks to stretch their dollar. that is a key component of the invisible hand.
All tax cuts do is increase personal debt.
The reason is because tax cuts are almost always "paid for" through spending cuts on social programs.
You can look at what happened in Kansas during Sam Brownback's term as governor...they passed massive tax cuts for the rich, and as a result the KS State University Board of Regents had to increase their tuition due to a cut in state funding. So the family has to take out a bigger loan to send their kid to a state school because of the tax cut, than if there was no tax cut at all.
After just a couple years, those disastrous tax cuts were repealed.
So that's how tax cuts are terrible policy in every regard, every time, always.
your claims are laughable and idiotic.
Allowing me to keep more of my money does not increase my or anyones personal debt.
But you are the "margin of error guy" - so mathematic idiocy is in your DNA
At the expense of themselves.
So great, you got a $500 tax cut...too bad you now have to pay $1000 more out of pocket for health care because to pay for the tax cut, the state reduces funding in other areas.
Or wonderful, you got a $5,000 tax cut....too bad the state has upped tuition by $10,000 because their funding was cut to pay for this useless tax cut.
Tax cuts are the worst policy decision anyone can make.
You have no fucking clue what you're talking about, and you're too much of a fucking stupid idiot to offer any kind of counterargument.
So instead, I get outbursts like this.
Childish, immature, pointless outbursts.
You are absolutely HORRIBLE at posting on the internet because you run away like a fucking coward all the goddamn time.
You have a bevy of excuses and very few sincere beliefs.
you just lie and lie. we don't cut our spending - we sometimes cut the increase in spending. Rather than give them 10% more, we give them 4% more - and you liars claim that is a cut in spending
What's really sad and pathetic about you is that you deliberately cut out the part of my post that explains how tax cuts increase personal debt, and you did that because you are a fucking loser who operates exclusively in bad faith.
you are the #1 rated clown on this forum. You cut the meat of the post as well - allowing people to keep their earnings helps them save - it does not harm them in savings
that is what you did clown shoes
you claim taking my earnings allows me to save more. it is comically retarded
What is the lie???????
You can't explain it because you're a giant crybaby.
KS passed tax cuts for the rich in 2012, and the result was that the KS State University Board of Regents had to increase their tuition in 2014 due to funding cuts by the state to pay for the tax cut, which reduced revenue and created budget deficits. Because KS has a BBA, they had to cut spending in areas in order to produce a balanced budget because the tax cut created deficits.
Kansas’ experiment with tax cutting failed spectacularly — on its own terms
https://www.businessinsider.com/kansas-experiment-with-tax-cutting-failed-on-its-own-terms-2017-6
Resident Tuition Rates
Academic Year 2009 - Academic Year 2014
https://data.kansasregents.org/publ...4/Section2/2.1a_Resident_Tuition_Rates_UG.pdf
You are the biggest dipshit liar on these forums. The federal government is spending more per person than ever before. Adjusted for inflation, spending per person has grown from $3,782 in 1965 to $19,515 in 2021.
So you sit here and lie out of your teeth that the reason we have so little is we are not spending enough anymore? JACKASS
Well, I guess it's a good thing then that I don't give a shit what a bunch of anonymous pussies like you and your Nazi pals think of me.
What "meat"? It was just you whining.
No it doesn't.
Tax cuts have been dogma since 1980, but household debt has only increased.
