DJI has gone up nearly 2000 points in the last month

cawacko said:
Agreed, that’s why why he’s dodging the discussion.
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What facts have you presented in this debate? None. You're trying to substitute your slap-dash economic theory as fact, despite the empirical evidence that none of what you promised of your shitty tax cut came to pass.

You all made promises and assurances in bad faith.

Just admit it. That's the only piece left here.
 
Poor Richard Saunders said:
Really? Where did you get that info?

Somebody should tell the Treasury, their numbers are wrong.

https://www.fiscal.treasury.gov/files/reports-statements/mts/mts.pdf
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Somebody needs to teach you how to do some research snowflake. What is 3.34 trillion minus 3.3 trillion? Dunce.

Revenues received by the federal government in 2017 totaled $3.3 trillion
https://www.cbo.gov/publication/53627

The Office of Management and Budget estimates that revenue will be $3.340 trillion.
https://www.thebalance.com/fy-2018-trump-federal-budget-request-4158794
 
LV426 said:
Holy shit.

WE FUCKING TOLD THEM THIS WOULD HAPPEN.

Same thing happened in 2001 when Bush cut taxes and the $256B surplus in 2000 was turned into four record deficits over Bush's two terms.

So tax cuts don't increase revenue, despite what the loonies say.
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Revenues aren't down shit-for-brains. They are higher.
 
Poor Richard Saunders said:
The standard deduction doubled but the personal exemption disappeared.
No one should claim their deduction doubled because it clearly didn't. It was a shell game that the easily conned fell for.
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Are you trying to say Americans will not pay less taxes this year asshat? Because that is a lie.
 
LV426 said:
I went to Syracuse University for undergrad and the University of Chicago for graduate school. I know all about the Chicago School of Economics, because I fucking went there.

Sit. Down.
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You should get your money back; it's clear you didn't learn much of anything; other than being a pompous, low IQ, low information moron. ;)
 
Truth Detector said:
Somebody needs to teach you how to do some research snowflake. What is 3.34 trillion minus 3.3 trillion? Dunce.

Revenues received by the federal government in 2017 totaled $3.3 trillion
https://www.cbo.gov/publication/53627

The Office of Management and Budget estimates that revenue will be $3.340 trillion.
https://www.thebalance.com/fy-2018-trump-federal-budget-request-4158794
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It is you that needs to do some research. The OMB is estimating based on fiscal years. The tax cut is based on calendar years. You don't get to include pre-tax cut months in your calculation of what happened after the tax cut.

I posted a link to the actual Treasury revenues. I didn't use any estimates. Maybe you need to do real math using the actual months involved.
 
Poor Richard Saunders said:
It is you that needs to do some research. The OMB is estimating based on fiscal years. The tax cut is based on calendar years. You don't get to include pre-tax cut months in your calculation of what happened after the tax cut.

I posted a link to the actual Treasury revenues. I didn't use any estimates. Maybe you need to do real math using the actual months involved.
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Hey dumb fuck; we are talking about REVENUES in these fiscal years. One of your fellow DUMB FUCKS claimed that revenues were down. I proved that is a LIE.

You don't have to desperately flail to bring attention to the fact you are a dumb low IQ fuck. We get it.
 
Poor Richard Saunders said:
No, as anyone with an actual brain and a grade school math education can tell you. They are down. Your attempt to use Oct, Nov, December of 2018 as revenue after the tax cut makes you look like an idiot.
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Dear fuck head; I used OMB numbers. They are based on FISCAL years. Grow a brain and stop trying to prove you're an asshole; I get it. You're a dumbass.
 
Truth Detector said:
Hey dumb fuck; we are talking about REVENUES in these fiscal years. One of your fellow DUMB FUCKS claimed that revenues were down. I proved that is a LIE.

You don't have to desperately flail to bring attention to the fact you are a dumb low IQ fuck. We get it.
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Revenues ARE down after the tax cut went into effect. You didn't prove anything was a lie other than your own numbers.

The tax cut went into effect for the calendar year. No one claimed the revenues were down before the tax cut went into effect.
 
Poor Richard Saunders said:
DOW high on December 3rd of 2018 - 25980
DOW low on December 26 - 21712

The simple math 25980 - 21712 = 4268

So clearly the DOW fell over 3000 points in December 2018. It actually dropped over 4000 points in December at one point before it recovered slightly by the end of the month.

https://finance.yahoo.com/quote/^DJI/history/
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DOW high on January 20th, 2017 when Trump was inaugurated = 19,827.25

Current DOW = 25,170; 25,170 > 19,827.25 GAIN = 5,343

DOW on election night = 18,322.74

Current DOW = 25170; 25170 > 18,322.74 GAIN = 6,847

Where's the issue?
 
Truth Detector said:
DOW high on January 20th, 2017 when Trump was inaugurated = 19,827.25

Current DOW = 25,170; 25,170 > 19,827.25 GAIN = 5,343

DOW on election night = 18,322.74

Current DOW = 25170; 25170 > 18,322.74 GAIN = 6,847

Where's the issue?
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The issue my dear is that Trumps Dow has gone absolutely nowhere for well over a year. Most of his gains you can thank Obama for.
 
floridafan said:
The issue my dear is that Trumps Dow has gone absolutely nowhere for well over a year. Most of his gains you can thank Obama for.
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If you're willing to give Obama credit for the gains yet don't fault him for the drops discredits anything you say. All that does is prove where you have your nose stuck and it's up a black boy's asshole.
 
Truth Detector said:
Dear fuck head; I used OMB numbers. They are based on FISCAL years. Grow a brain and stop trying to prove you're an asshole; I get it. You're a dumbass.
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Dearest poopie head,

You used OMB estimates. Of course the OMB bases its fiscal year budget on fiscal years. It also uses REAL numbers from the Treasury when they are available. However the argument is whether the tax cut decreased revenues or not. By including months from prior to the tax cut taking effect you are not discussing whether the tax cut decreased revenues or not. You are simply spouting drivel that has nothing to do with the argument.


Signed,the F-head who is twice as smart as you because I recognize your strawman for what it is.
 
Truth Detector said:
DOW high on January 20th, 2017 when Trump was inaugurated = 19,827.25

Current DOW = 25,170; 25,170 > 19,827.25 GAIN = 5,343

DOW on election night = 18,322.74

Current DOW = 25170; 25170 > 18,322.74 GAIN = 6,847

Where's the issue?
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No issue with your statement. The DOW goes up, the DOW goes down, the DOW goes back up. I have an issue with people that argue that the DOW didn't go down before it went back up.
 
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