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The middle class tax increases and the Fed raising rates is going to slow the economy down just in time for Trump to take the blame during his re-election campaign.
As I said in another thread, having it pass is fine with me. After a year or two when it's apparent it has little or no effect on the economy and we continue to get, like, 2% GDP growth, same as the last several years, then it'll be a great lesson that tax cuts do little or nothing to help the economy.
But it would also be a lesson that they do little or nothing to hurt it either.
As a liberal I'm saying go ahead pass that tax bill. In order to cut off the head of the snake, you have to first expose it.
The GOP ineptitude was already being exposed when Trump came around. In fact, he helped, in part, expose it. The GOP has failed at:
1.) Obamacare repeal.
2.) Build the wall.
3.) End Iran "Deal"
4.) Prosecute Hillary and her legion of crooks
5.) Stop H1B visa abuses
6.) Good tax plan
7.) End Common Core
8.) End Paris Climate agreement (I thought Trump wasn't sure on that one, though at first it appeared he actually did it.)
9.) Drain the Swamp
Their failure is their own, and this is coming from someone that left the Republican Party because too many in the GOP were a bunch of sellouts and wimps.
Trump had better get behind Convention of States. If the Dems take back the House (a dangerous possibility), they're going to try and hit him with strong impeachment charges that will clear the House and head into the Senate since the House would be a partisan lynch mob, just like all of these phony investigations (really KGB sham trials) into Russia "collusion".
The GOP ineptitude was already being exposed when Trump came around. In fact, he helped, in part, expose it. The GOP has failed at:
1.) Obamacare repeal.
2.) Build the wall.
3.) End Iran "Deal"
4.) Prosecute Hillary and her legion of crooks
5.) Stop H1B visa abuses
6.) Good tax plan
7.) End Common Core
8.) End Paris Climate agreement (I thought Trump wasn't sure on that one, though at first it appeared he actually did it.)
9.) Drain the Swamp
Their failure is their own, and this is coming from someone that left the Republican Party because too many in the GOP were a bunch of sellouts and wimps.
Trump had better get behind Convention of States. If the Dems take back the House (a dangerous possibility), they're going to try and hit him with strong impeachment charges that will clear the House and head into the Senate since the House would be a partisan lynch mob, just like all of these phony investigations (really KGB sham trials) into Russia "collusion".
There There, There There, we understand...................
because liberals havent been hysterical to everything else to this point
Quote:
Originally Posted by tripleh
because liberals havent been hysterical to everything else to this point
Quote:
Originally Posted by tripleh
because liberals havent been hysterical to everything else to this point
Quote:
Originally Posted by tripleh
because liberals havent been hysterical to everything else to this point
Quote:
Originally Posted by tripleh
because liberals havent been hysterical to everything else to this point
This!
This!
This!
This!
This!
Quote:
Originally Posted by Scotty011
Exactly what I was thinking... they have been bat**** crazy since the election.
... X 5.
This times five!
Quote:
Originally Posted by Reads2MUCH
Current GDP growth under the new administration has been 3.1% in 2017. In comparison, 1.6% in 2016.
We should check back in around this time in 2018. I'm going to predict we'll be up around 4% by then, not floundering around the 2% zone as we were for all of Obama's years as president.
PS. In 2009, Obama's first year, we had a whopping -2.8% growth. No, that's not a typo. It was a negative number. Obama's best year saw 2.6% growth, but if you averaged them all out it hangs around 2%. And that's if you leave out the negative 2009 growth. And I did because I would never try to hold a new president responsible for everything he is inheriting. Everyone needs a little time to get things rolling like they want them too. The problem was, the following years just weren't that much better.
These points give the left heartburn so they run and hide from it. DEFLECT! Deflect!
Quote:
Originally Posted by Tall Traveler
I kind of hope the liberals freak out like it's the end of the world...so I vote no on liberals not freaking out.
They lost their minds and went all Waa! Not My Pwesident! WAA! when Trump won the Election and that turned out to be a really good thing so, Yeah!
Let's hope! =)
Quote:
Originally Posted by Casper in Dallas
I would bet you do not realize how that reaction actually makes you look, trump has the same disconnection, that should make you feel even more special.
Yeah, disconnection works both ways, huh? The difference between us is I'm happy and you're, idk, wailing and gnashing your teeth? Or whatever you do?
For those who aren't aware. Economic growth is tax neutral. Just look at the history of US economic growth. In fact, higher growth periods had higher marginal taxes than lower periods. Since the Bush tax cuts, growth hasn't breached 2%.
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