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Trickle down conservatives never learn they are simply being used, but a tiny tax break will keep them in line. Some People never learn.
U.S. GDP per capita in 1981 when Reagan first took office: $13,993.36
U.S. GDP per capita in 1989 when Reagan left office: $22,922.47
U.S. GDP per capita in 1993 when George H.W. Bush left office: $26,464.78.
Our GDP doubled in 12 years, thanks to "trickle down." Not bad. It gave Clinton a solid economy to work with -- ditto the younger Bush.
But Clinton set the stage for disaster when his HUD Secretary Andrew Cuomo ordered Fannie and Freddy to buy $2.4 trillion in sub-prime loans over a 10 year period starting in 1999.
HUD Press Release, HUD No. 99-131, July 29, 1999
Of course, maybe you'd prefer that we had not done trickle down and stuck with Jimmy Carter's economic policies -- which led to double digit inflation, double digit unemployment, and double digit interest rates.
Or Obama's policy of adding $11 trillion to our national debt -- much of it to pay for the housing crisis that he and Clinton caused when Li'l O was working for ACORN.
Now let's look at how Obama has done when it comes to growing the U.S. GDP:
U.S. GDP per capita in 2009 when Obama took office: $47,001.43
U.S. GDP per capita now when Obama is leaving office: $52,400.00
That's pretty pathetic.
And it's nothing compared to the almost DOUBLING of the nation's wealth that took place thanks to Reagan. GDP increased about 80% during Reagan's eight year presidency, but only about 5% during Obama's eight year presidency.
Last edited by dechatelet; 01-06-2017 at 09:56 AM..
More tax revenues flow into the Treasury even though tax rates are lower.
Those revenues pay for infrastructure, military spending, the wall -- and pay down the debt.
We also cut federal spending. No more welfare for able-bodied layabouts. No more spending on illegals. No more overpaying government employees. No more waste, fraud, abuse, duplication and unneeded programs and agencies. We'll also raise the age at which you can get social security from 62 to 70 starting with people under 50. Medicare and Medicaid will use the power of numbers to lower drug and other health care costs. No more handouts to big pharma and the insurance companies.
We've been limping along at 2% growth at best. We need about 4% to make our nation rich again.
The wall is the least of our problems. $25 billion is less than 1% of the federal budget.
You not touching my SS in 4 yrs... when I retire-. I'll look for ya just kidding--
but if you cut taxes on business they just will pocket it- they might expand but not pay people more . they already trying to see about cutting wages for fed workers- Congress Makes Cutting Feds Easier | The Daily Caller it's unconstitutional - going to spend more on court costs
you are trying to do what they wont do-- they are greedy
Cash by mail, prepaid cards by mail, paypal for the little guys. For the big guys boats, mules, and yes shell corps.
Yeah there are plenty of ways to do remittances nowadays.
One of my employee sent a prepaid debit card to her mom in the Philippines and she deposits money into the card that her mom can withdraw at an atm over there.
Not really a shock to people with common sense, but this is a humiliating defeat after months of chest pounding and heated rhetoric for extremists who worship Trump.
For future reference, we dont have the authority to force a sovereign country to pay for anything. Welcome to the world.
No one except the Trump haters ever thought Trump actually thought he would get the Mexican government to quite literally "pay for the wall." Most rational people understood Trump was speaking euphemistically.
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just kidding-- 
