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Experts Agree - Trump's Laughably Bad Economic Plan is All Kinds of Crazy
That would be the experts that have ripped us off repeatedly over the last decades. No wonder most people want change from the failure and new people in place of the crooks conspiring with crooked Hillary.
In some respects it sort like the Bill Clinton planed planned by Newt G.
the whole problem is we have the highest taxes on corp. We wonder why companies leave America?
the other half of the equation is to balance or make a attempted to look at what is being spent. I like the Idea that each depart has report surpluses and or identify wasted spending.
Dems have no room to Bragg about GDP wince its at a pathetic level of 1.1% .Not good if you considers China GNP is around 6%. Successful Presidents had GDP better than 4%.
This was all done in making the tax rate attractive to business.
Hillarie's plan is more taxes on everybody and more Gov. Investment , which means wasted money and corruption. Clinton is no stranger to Corruption!
China is still a developing country. Developed countries will always have lower GDP growth than the developing countries. Developing countries have the potential to grow faster because they are able to adopt technologies and processes already in existence that produce relatively high productivity returns. In contrast, developed countries have already adopted the aforementioned technologies, so they are already operating at, or near their maximum. The developed countries can invent new technologies to spur faster growth, but that is a more difficult task to achieve. This is also known as convergence.
If there are economic experts, where have they been during the almost 8 year reign of Obama, why weren't they advising him not to continue to run up the debt, doubling or was it tripling it?
Trump is fine. He has set goals, may not make them all, but anything will better than what we have now or would get with the morally, mentally and physically incompetent Hillary Clinton. I mean, it is more of the same and things have gotten so much worse.
I think it is amusing that some are so ignorant to believe that Trump just sat down by himself and dreamed up an economic plan. He will have talked with the best and trusted experts in the field, so I guess whoever was quoted in the article, even if they even were, weren't much of "experts" in the first place.
Trump steams ahead and with massive support!
So when is Trump going to hire the best consultants, and will he even listen to them? So far he doesn't seem to know what his policies even are, just that whatever they are, they will "make America great again".
In some respects it sort like the Bill Clinton planed planned by Newt G.
the whole problem is we have the highest taxes on corp. We wonder why companies leave America?
the other half of the equation is to balance or make a attempted to look at what is being spent. I like the Idea that each depart has report surpluses and or identify wasted spending.
Dems have no room to Bragg about GDP wince its at a pathetic level of 1.1% .Not good if you considers China GNP is around 6%. Successful Presidents had GDP better than 4%.
This was all done in making the tax rate attractive to business.
Hillarie's plan is more taxes on everybody and more Gov. Investment , which means wasted money and corruption. Clinton is no stranger to Corruption!
On corporate taxes: While you said "the whole problem is we have the highest taxes on corp., " that isn't true. The U.S. may have the highest statutory rate, but it doesn't have the highest effective rate. It also doesn't explain companies leaving America. Apple has most of its production facilities in Asia, even though Apple pays either zero or very little taxes.
There is no evidence that cutting corporate taxes does anything but enrich shareholders. Corporations aren't going to hire people they don't need because they got a tax break.
On your other side of the equation, spending: Think of the federal government, in terms of spending, as an insurance company with an army. The vast amount of spending occurs in the big five: Defense, Social Security, Medicare, Medicaid and interest on the debt is the big picture. Trying to cut some department makes no diff. If you want to cut spending, you are talking about cutting the big five or you have no idea what you are talking about. Trump plans to not cut any spending and increase military spending, by the way.
As for GDP: The only way government effects GDP is through fiscal and monetary policy. Monetary policy is the purview of the Federal Reserve. Fiscal policy relates to spending. If one wants higher GDP, then you want to at least maintain current spending. Cutting government spending decreases GDP.
Mrs. Clinton's tax plan is focused only on upper incomes.
Republicans will not create decent jobs either, mark my words.
And it's because the economics of the past don't work anymore. Not only can you not compete with cheap overseas labor in a global economy, you also have no answer for increased automation that is rendering human workers irrelevant. That is why economic equality is fundamentally growing so much.
You're still reading off of some economic textbook from the 1950s that does not apply.
Agree for the most part. The world has changed and it isn't going back, no matter how much welfare the democrats give their voters, or how many tax cuts Trump give to the 'job creators'. The future does not look good no matter who wins.
Once again, Trump managed to unite people..... to laugh at his "economic plan". That is, before they realize this buffoon actually could be president and then they go, "Oh Frack!"
Like Trump would say, "Do you see my plan? Let me tell ya, it's a beauty! It's so bad that even people who don't know about economy say it's bad. That's how bad it is!!"
LOL! He stole his idea from George W. Bush!!! You can't make this up! In other words, Trump's plan is basically the GREAT RECESSION 2.0.
What a beauty!!
In other words - debt, debt, debt, debt, debt, and take on more debt. Sounds familiar?
To paraphrase, "He is living in another reality if he thinks what he proposes has snowball chance of happening."
Even the normally tame Newsweek is alarmed.
Is there anything about Trump that isn't a disaster waiting to happen?
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Take away the crazy and it's just the same old trickle down BS that Republicans have been peddling since the beginning of time. Less tax on business; drastically less tax on the wealthy ~ cause that's gonna CREATE JOBS!
Take away the crazy and it's just the same old trickle down BS that Republicans have been peddling since the beginning of time. Less tax on business; drastically less tax on the wealthy ~ cause that's gonna CREATE JOBS!
Experts Agree - Trump's Laughably Bad Economic Plan is All Kinds of Crazy
That would be the experts that have ripped us off repeatedly over the last decades. No wonder most people want change from the failure and new people in place of the crooks conspiring with crooked Hillary.
Which economists ripped you off??? How?
You know who DID rip people off? People like Donald Trump. When he refuses to pay small businesses for work that they've done, he is flat out ripping them off. Not only that, those businesses will have to cover their losses by overcharging the average Joe like you and me. It creates a bad cycle in the market where you and I are essentially covering the cost for deadbeats like Trump.
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Democrats drive me crazy gimmick plans like the Stimulus which the money was lost and no today can figure out where the money went! Your unemployment's numbers do not apply to those who has given up. The actual rate is 9% You success has been minimized because of the creditability of the Obama Administration to issue accurate numbers.
Apples to apples. This is the same way we've been calculating the unemployment rate for decades! If you insist on adding all kinds of scenarios to the unemployment rate, fine, but you have to do the same for ALL prior years so that we can have an apple to apple comparison. If you think our current rate is actually 9%, then the unemployment rate during the Great Recession is easily 20%+ and easily 15%+ during the Bush Jr years.
The point is, however you try to distort the number, we are still at historically low unemployment rate compare to the past. That is a fact.
Quote:
Originally Posted by GHOSTRIDER AZ
Trumps plan looks at every asset of the Economy from Trade Reforms, Energy to proper acceptable tax rates for Citizens and Corp. alike.
Clinton endorses more Gov. and les private business. Plus she think our trade agreements are just fine.
You should hope "Looking" is all Trump does to the economy because that man has no freaking idea how the economy works. Every respectable economists aid his plan will lead to disaster. EVERY respectable economist!!
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Your unemployment's numbers do not apply to those who has given up. The actual rate is 9% You success has been minimized because of the creditability of the Obama Administration to issue accurate numbers.
