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Thread: Since the start of the Russia Tax Cut, the DJIA has grown by less than 1,000 points

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    Default Since the start of the Russia Tax Cut, the DJIA has grown by less than 1,000 points

    After nearly 20 months of the stupidest domestic policy since the Bush Tax Cuts, the DJIA has grown by less than 1,000 points.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Default The Brownback Experiment

    As We Deal with the Consequences of the Trump/Russia Tax Cuts, Lets Review the Kansas Trickle Down Tax Cuts Disaster.

    Trump's Tax Plan Has Echoes Of The Kansas Tax Cut Experiment

    Kansas Deals With Aftermath Of Experiment


    Kansas Gov. Sam Brownback is notorious for what is known as the Kansas experiment, a bold effort to assert the power of limited government.

    In 2012, the Republican governor pushed reforms through the state Legislature that dramatically cut income taxes across the board. Brownback boasted the plan would deliver a "shot of adrenaline" to the Kansas economy.

    But the opposite happened.

    Revenues shrank, and the economy grew more slowly than in neighboring states and the country as a whole. Kansas' bond rating plummeted, and the state cut funding to education and infrastructure.

    Last year, the Republican-controlled state Legislature voted to roll back the tax cuts, but Kansas is still dealing with the aftermath of this bold experiment. State lawmakers are now seeking to close a $900 million budget gap over the next two years.

    Burdett Loomis, a political scientist at the University of Kansas, says the experiment was as much a political play as it was about governing.

    https://www.npr.org/2017/10/25/56004...-of-experiment

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    LV426 (08-23-2019)

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    Quote Originally Posted by LV426 View Post
    After nearly 20 months of the stupidest domestic policy since the Bush Tax Cuts, the DJIA has grown by less than 1,000 points.
    Since Trumps election the DOW has grown by 7,400 plus points.

    Since Trump's inauguration the DOW has grown by 5,900 plus points.

    Cutting taxes does not affect the DOW. Cutting taxes did not reduce revenue.

    The idea that increasing taxes spurs economic booms is asinine and stupid.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Cypress View Post
    As We Deal with the Consequences of the Trump/Russia Tax Cuts, Lets Review the Kansas Trickle Down Tax Cuts Disaster.
    Since Trumps election the DOW has grown by 7,400 plus points.

    Since Trump's inauguration the DOW has grown by 5,900 plus points.

    Cutting taxes does not affect the DOW. Cutting taxes did not reduce revenue.

    The idea that increasing taxes spurs economic booms is asinine and stupid.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Default

    Lets look at Obama's stellar legacy, why would ANYONE want to return to that malaise?

    Obama’s legacy in graphical form:











    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Default

    Quote Originally Posted by Cypress View Post
    As We Deal with the Consequences of the Trump/Russia Tax Cuts, Lets Review the Kansas Trickle Down Tax Cuts Disaster.
    That's right - Kansas was the disaster we all knew it would be because it followed the disaster of the Bush Administration's tax cuts before it.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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