How about those Tax-Cuts?
- Thread starter Bourbon
- Start date
Irish Exit
Verified User
Let's see how PayGo Nancy really is now that hers and Maxine's cash cow has been castrated.
evince
Truthmatters
cawacko
Well-known member
So the argument is because of tax cuts there should be no lay offs anywhere?
floridafan
Verified User
How about that Trump promise that all those jobs sent abroad would be returning?
Irish Exit
Verified User
The ReTruds have had a Trifecta for Two Years ...
Need another excuse?
Doesn't change that Nancy alleged she will return to a paygo policy meaning no new debt for her agenda (not that she can push an agenda)
cawacko
Well-known member
How about that isn't what the thread is about. I responded to Bourbon's subject and cartoon. I understand that's a difficult concept for you and Rana to understand.
floridafan
Verified User
She WILL control the nations purse strings.
floridafan
Verified User
Do you really want to discuss any further Trumps failed tax cuts, which are going to add trillions to our deficit?
cawacko
Well-known member
Having trouble understand the OP?
floridafan
Verified User
I didn't think so.
Irish Exit
Verified User
No she won't. Medicaid is controlled by the Senate Finance Committee not House Ways and Means and since Medicaid expansion protection and extension was a huge part of the DNC platform and they still don't control it, boo hoo you
floridafan
Verified User
No she won't. Medicaid is controlled by the Senate Finance Committee not House Ways and Means and since Medicaid expansion protection and extension was a huge part of the DNC platform and they still don't control it, boo hoo you
She will put the outrageous republican spending and deficits to rest. Now the question is how to dig out of the hole republicans have put us in.
Irish Exit
Verified User
No she won't. Senate Finance also has concurrent control with Ways and Means over Medicare. Just because most spending originates in the House, doesn't mean the touchstone programs do or that Senate Finance is in anyway obligated or bound by Ways and Means or any other House committee once it reaches their shores. Besides, Empress Nancy has a history of being a princess and the pea.
floridafan
Verified User
The massive spending and debt from this administration will end.
Adolf_Twitler
Verified User
GM has cited many reasons for their reasons to shutdown certain facilities and car designs, and lay-off thousands of US and Canadian workers.
And you can bet that a lot of the decision making is not coming from just the roundtable in GM's Management Boardrooms, but are coming from the boardrooms from their Stock Management Meetings and the decisions made by their preferred stock holders. This is how Wall Street controls Main Street. Preferred Stock holders make decisions that forces lay-offs and shut-downs to protect their investments. For instance, GM announced the lay-offs and shut-downs, and GM stock rose 4.8% by the end of the day. Investors welcomed the news, sending G.M.’s shares up 4.8 percent to their highest closing price in about three months.
Dynamics change from one president to another. During the Obama administration, GM and other US carmakers re-tooled themselves to produce more economic models of autos as they came out of their Red Ink, and also due to Obama's long-term goals of making autos with higher MPG averages mandated by 2025. Auto-makers were certainly receptive to the MPG mandates when they were getting a bailout by the government from loans to get them out of red ink. But since Donald Trump scrapped Obama's MPG goal strategy, and since Oil prices have been steady, consumers started buying mostly full-size pickups and SUV's again while trading in their economy and alternate fuel models for them.
But here we go again with American consumers and Auto manufacturers getting drunk on gasoline again, and setting themselves up to drown in red ink again by not thinking past Donald Trump. Because Donald Trump may just be a very temporary thing, and end up just being a bump in the road- a flash-in-the-pan! LOL!
In addition, automakers have paid a price for the trade battle that Mr. Trump set in motion. In June G.M. slashed its profit outlook for the year because tariffs were driving up production costs, raising prices even on domestic steel. Rising interest rates are also generating headwinds.
Earlier this year Ford said it would stop making sedans for the North American market and announced cuts in its work force. Fiat Chrysler stopped making small and midsize cars in 2016.
And you can bet that a lot of the decision making is not coming from just the roundtable in GM's Management Boardrooms, but are coming from the boardrooms from their Stock Management Meetings and the decisions made by their preferred stock holders. This is how Wall Street controls Main Street. Preferred Stock holders make decisions that forces lay-offs and shut-downs to protect their investments. For instance, GM announced the lay-offs and shut-downs, and GM stock rose 4.8% by the end of the day. Investors welcomed the news, sending G.M.’s shares up 4.8 percent to their highest closing price in about three months.
Dynamics change from one president to another. During the Obama administration, GM and other US carmakers re-tooled themselves to produce more economic models of autos as they came out of their Red Ink, and also due to Obama's long-term goals of making autos with higher MPG averages mandated by 2025. Auto-makers were certainly receptive to the MPG mandates when they were getting a bailout by the government from loans to get them out of red ink. But since Donald Trump scrapped Obama's MPG goal strategy, and since Oil prices have been steady, consumers started buying mostly full-size pickups and SUV's again while trading in their economy and alternate fuel models for them.
But here we go again with American consumers and Auto manufacturers getting drunk on gasoline again, and setting themselves up to drown in red ink again by not thinking past Donald Trump. Because Donald Trump may just be a very temporary thing, and end up just being a bump in the road- a flash-in-the-pan! LOL!
In addition, automakers have paid a price for the trade battle that Mr. Trump set in motion. In June G.M. slashed its profit outlook for the year because tariffs were driving up production costs, raising prices even on domestic steel. Rising interest rates are also generating headwinds.
Earlier this year Ford said it would stop making sedans for the North American market and announced cuts in its work force. Fiat Chrysler stopped making small and midsize cars in 2016.
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Irish Exit
Verified User
LOL no it will not. The democrats are in no way fiscal prudes when it comes to payola. We will go back to another era of manufactured shutdowns and the government operating on continuing resolutions like it did throughout most of Obama's entire budget-less administration and the DNC will get the blame for it. Most of the massive spending programs have already been budgeted. It is a quirk of government that people do not get. The government does not budget like someone sitting at home paying bills. It is one of the reasons so many programs are near impossible to kill once they are initially approved and funded.
cawacko
Well-known member
Thank you. Look at the deficits during the years she was Speaker.
floridafan
Verified User
It was not a budget less administration, you must stop watching right wing media. No matter what, the new congress cannot and will not screw the American people like this one has.