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Old 08-07-2016, 10:55 PM
 
69,368 posts, read 64,174,590 times
Reputation: 9383

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Quote:
Originally Posted by katzpaw View Post
On Monday, Trump will try to shore up his poll numbers, not with a well thought out economic plan, but with a hasty and random gift bag of economic goodies. Central to his announcement be more trickle-down and reducing the corporate tax rate to 15%, and in this time of energy surplus - more drill baby drill.

Donald Trump Is Proposing The Biggest Tax Cuts Since Ronald Reagan - Fortune

Bartiromo: An early look at Trump's economic plan
Um.. President Clinton spurred economic prosperity by cutting taxes, and cutting welfare, and also cutting the growth in federal government spending..

Capital gains for example fell from 28% to 20%..

But somehow, Democrats think we'll grow, if you tax the **** outta society..

yeah, its as stupid as it sounds...

 
Old 08-07-2016, 11:05 PM
 
13,711 posts, read 9,246,733 times
Reputation: 9845
Quote:
Originally Posted by pghquest View Post
Um.. President Clinton spurred economic prosperity by cutting taxes, and cutting welfare, and also cutting the growth in federal government spending..

Capital gains for example fell from 28% to 20%..

But somehow, Democrats think we'll grow, if you tax the **** outta society..

yeah, its as stupid as it sounds...

You said President Clinton cut taxes.

And then you said the Democrats tax the **** outta society.

Contradiction much??
.
 
Old 08-07-2016, 11:15 PM
 
69,368 posts, read 64,174,590 times
Reputation: 9383
Quote:
Originally Posted by beb0p View Post
You said President Clinton cut taxes.

And then you said the Democrats tax the **** outta society.

Contradiction much??
.
Someone doesnt know their history very well, note who it is.. ^^^^^

Clinton first raised taxes, which slowed an economic recovery.. Then the public voted in a Republican Congress, who wanted to cut taxes, but Clinton objected, claiming the economy would crash, people would starve if we cut welfare, and he strongly believed in growing the federal government to spur economic development.

Government shut down, Clinton gave in while whining of the damages that was going to take place as a result, but everyone knows it caused the exact opposite.

But now, Democrats want to give Clinton credit for growing the economy, and Obama, who took the exact opposite route..

its mind boggling the stupidity of the left... who thinks if only we take money from people, they will spend more..
 
Old 08-07-2016, 11:23 PM
 
1,816 posts, read 1,151,992 times
Reputation: 1862
Quote:
Originally Posted by katzpaw View Post
On Monday, Trump will try to shore up his poll numbers, not with a well thought out economic plan, but with a hasty and random gift bag of economic goodies. Central to his announcement be more trickle-down and reducing the corporate tax rate to 15%, and in this time of energy surplus - more drill baby drill.

Donald Trump Is Proposing The Biggest Tax Cuts Since Ronald Reagan - Fortune

Bartiromo: An early look at Trump's economic plan
A desperate attempt by Donald to regain some semblance of a legitimate candidacy for the WH. I can't wait for the number crunchers on the Dem side to go through this steaming pile of crap to show that just like him the numbers won't add up in terms of paying for this turkey-without exploding the deficit.

Even funnier will be him trying to explain it in a debate with Hillary.
 
Old 08-07-2016, 11:36 PM
 
13,711 posts, read 9,246,733 times
Reputation: 9845
Quote:
Originally Posted by pghquest View Post
Someone doesnt know their history very well, note who it is.. ^^^^^

Clinton first raised taxes, which slowed an economic recovery.. Then the public voted in a Republican Congress, who wanted to cut taxes, but Clinton objected, claiming the economy would crash, people would starve if we cut welfare, and he strongly believed in growing the federal government to spur economic development.

Government shut down, Clinton gave in while whining of the damages that was going to take place as a result, but everyone knows it caused the exact opposite.
LOL. Even if what you said is true, it means.... Clinton cut taxes!!!

And guess what? The man who cut taxes is going to be back in the White House.

Quote:
Originally Posted by pghquest View Post
But now, Democrats want to give Clinton credit for growing the economy, and Obama, who took the exact opposite route..

its mind boggling the stupidity of the left... who thinks if only we take money from people, they will spend more..
If what Obama did was wrong then how do you explain our economic boom under him?
.
 
Old 08-07-2016, 11:46 PM
 
Location: Buckeye, AZ
38,936 posts, read 23,931,188 times
Reputation: 14125
Quote:
Originally Posted by beb0p View Post
LOL. Even if what you said is true, it means.... Clinton cut taxes!!!

And guess what? The man who cut taxes is going to be back in the White House.



If what Obama did was wrong then how do you explain our economic boom under him?
.
Smoke and mirrors, smoke and mirrors. It's propped up by Quantitative Easing...

But seriously, the economy besides an abnormal bobble in May has improved over the last two years. Even my brother who until recently was voting Trump (the last two weeks caused him to give up on that ghost) and didn't vote Obama in 2012, admitted that the economy DID improve from 2013/4 to 16.
 
Old 08-07-2016, 11:56 PM
 
409 posts, read 259,100 times
Reputation: 511
Quote:
Originally Posted by beb0p View Post
If what Obama did was wrong then how do you explain our economic boom under him?
Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

"Economic boom". lol
 
Old 08-07-2016, 11:59 PM
 
13,711 posts, read 9,246,733 times
Reputation: 9845
Quote:
Originally Posted by mkpunk View Post
Smoke and mirrors, smoke and mirrors. It's propped up by Quantitative Easing...

But seriously, the economy besides an abnormal bobble in May has improved over the last two years. Even my brother who until recently was voting Trump (the last two weeks caused him to give up on that ghost) and didn't vote Obama in 2012, admitted that the economy DID improve from 2013/4 to 16.

Fixing the economy is like treating an illness, for the right illness apply the right pills. QE is just a medication for the problems we were facing and it turned out to be exactly the right meds.

Leaders and economists from other countries have been nothing but in awe of how well we fixed our economy. There was no wrong step (except the GOP blocking a bigger stimulus) and everything went according to plan as if we've done this a thousand times before. That's how well Obama and the Feds handled this economy. This is nothing but a masterful piece of work, textbooks will be studying how we handled this crisis.

Now, the last step to completely fix this economy is still to be implemented but it's coming, and when it does it will go down in history as the blue print for what to do in future market doom time.
.
 
Old 08-08-2016, 12:02 AM
 
13,711 posts, read 9,246,733 times
Reputation: 9845

There is no possible way for more growth when the REST of THE WORLD is in dire strait.

The fact that we're growing at all is a miracle due to our masterful handling of the economic fixes.

We (and China) are pretty much the only two countries driving the bus while everyone is deep in a coma.
.
 
Old 08-08-2016, 12:15 AM
 
549 posts, read 292,888 times
Reputation: 360
Quote:
Originally Posted by katzpaw View Post
On Monday, Trump will try to shore up his poll numbers, not with a well thought out economic plan, but with a hasty and random gift bag of economic goodies. Central to his announcement be more trickle-down and reducing the corporate tax rate to 15%, and in this time of energy surplus - more drill baby drill.

Donald Trump Is Proposing The Biggest Tax Cuts Since Ronald Reagan - Fortune

Bartiromo: An early look at Trump's economic plan
Lower taxes? Not for the "elites" and "globalists", right?

'Cause that might upset the trump supporters...
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