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Old 08-16-2018, 11:31 AM
 
Location: USA
18,492 posts, read 9,161,666 times
Reputation: 8525

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Trickle down has been working fabulously since the early 80s. The economy has been booming for most of the time since then, wages for average Americans have skyrocketed, and we have record budget surpluses almost every year just as Reagan predicted. The national debt has been zero for a long time.

Trickle down works. Don’t confuse everyone with fake news about massive deficits and stagnant wages.

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Old 08-16-2018, 11:36 AM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by workingclasshero View Post
I agree... even 2T for infrastructure....


its too bad that Obama did NOTHING for infrastructure...
There was some result. Obama tried, Congress didn't move on it enough.
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Old 08-16-2018, 11:40 AM
 
Location: The Republic of Gilead
12,716 posts, read 7,812,515 times
Reputation: 11338
Quote:
Originally Posted by WaldoKitty View Post


This is another case of it. Reality - economy is booming, people are working and support for Trump is surging.
For who? And how long will it last with Trump doing everything he can to cause another recession?

And Trump support is at it's ceiling unless an event happens that radically alters the current political landscape in his favor.
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Old 08-16-2018, 01:55 PM
 
Location: Long Island
57,275 posts, read 26,206,502 times
Reputation: 15641
Quote:
Originally Posted by workingclasshero View Post
I disagree about the defense budget,having spent nearly 30 years in the military and now working for the Department of the Army, I see the undertraining and, pisspoor maintenance due to lack of funding.. yes in raw dollars we outspend..but as a percentage of GDP, we are right in line with everyone else
The number of contractors have exceeded enlisted, the military does have problems but is poorly managed. Robert Gates fired several generals and officers during the Bush and Obama administration, it is the largest company in the world and at its current level it is an impossible task to manage.
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Old 08-16-2018, 01:57 PM
 
Location: Long Island
57,275 posts, read 26,206,502 times
Reputation: 15641
Quote:
Originally Posted by Hoonose View Post
If I were king I would throw in another $T for infrastructure.

How big does the fire need to be? - New Economic PerspectivesNew Economic Perspectives
I agree, strangely this has disappeared from discussion.
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Old 08-16-2018, 02:34 PM
 
20,718 posts, read 19,363,240 times
Reputation: 8288
Quote:
Originally Posted by bawac34618 View Post
For who? And how long will it last with Trump doing everything he can to cause another recession?

And Trump support is at it's ceiling unless an event happens that radically alters the current political landscape in his favor.
How is Trump doing everything he can to cause another recession?
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Old 08-16-2018, 03:19 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by Goodnight View Post
I agree, strangely this has disappeared from discussion.
How many fires have to devastate, how many bridges have to fall?

When we had a flooding disaster in Vermont and a terrible swath of tornado destruction in Joplin, there were some congress people that said we could not support and remedy both disasters at once!

What happens if we have to protect ourselves in a World War that might cost $100T in USD?
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Old 08-16-2018, 03:21 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by gwynedd1 View Post
How is Trump doing everything he can to cause another recession?
Quite the opposite aside from the potential of tariffs. Inflation more likely with lower taxes and continuing deficit spending.
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Old 08-16-2018, 09:35 PM
 
1,676 posts, read 1,534,863 times
Reputation: 2381
I mean...duh? If you cut taxes without offsetting the cuts elsewhere of course you're going to get increased deficits and debt.

If you wanna cut taxes in one sector that's fine, but if you don't raise taxes elsewhere or cut spending it's pretty obvious what's going to happen.
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Old 08-16-2018, 09:41 PM
 
18,802 posts, read 8,471,648 times
Reputation: 4130
Quote:
Originally Posted by DCMann2 View Post
I mean...duh? If you cut taxes without offsetting the cuts elsewhere of course you're going to get increased deficits and debt.

If you wanna cut taxes in one sector that's fine, but if you don't raise taxes elsewhere or cut spending it's pretty obvious what's going to happen.
What, the private sector gets richer?
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