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Well, we figure since Obama added more to the deficit than every President before him combined, what difference, at this point, does it make?
Are you saying Democrat spending good, Republican spending bad? That's what it sounds like to me. I didnt hear you complaining about Obama's reckless spending on things like Solyndra, and the failed Obamacare web site that cost us $200,000,000+.
The Dems spend Trillions to buy votes from everyone, and then expect the Republicans to take it all away and lose votes? Sorry, we figured that one out. Now its our turn to blow Trillions and buy some votes of our own. "Elections have consequences John, it your turn to take a seat in the back of the bus."
I fully support your party first race to the bottom ideology. Given what I've seen from American voters these days, anything more would be unrealistic.
Well, we figure since Obama added more to the deficit than every President before him combined, what difference, at this point, does it make?
Are you saying Democrat spending good, Republican spending bad? That's what it sounds like to me. I didnt hear you complaining about Obama's reckless spending on things like Solyndra, and the failed Obamacare web site that cost us $200,000,000+.
The Dems spend Trillions to buy votes from everyone, and then expect the Republicans to take it all away and lose votes? Sorry, we figured that one out. Now its our turn to blow Trillions and buy some votes of our own. "Elections have consequences John, it your turn to take a seat in the back of the bus."
Millions, billions, trillions, you say.
I kinda suspect all those zeros get mixed up in your post.
Well, we figure since Obama added more to the deficit than every President before him combined, what difference, at this point, does it make?
The Dems spend Trillions to buy votes from everyone, and then expect the Republicans to take it all away and lose votes? Sorry, we figured that one out. Now its our turn to blow Trillions and buy some votes of our own. "Elections have consequences John, it your turn to take a seat in the back of the bus."
The above is why I can 't stand the {R} party and their fake conservative nonsense. Yep, they also say they love the constitution and the forefathers and at the same time proudly proclaim that their pathetic party bribes the people for votes. I wonder if he is aware that the house of reps hold the purse springs and it has to pass the Senate? which party was the majority 6 of Obama's 8 years?
The other $7 trillion dollars added to our debt during Obama's time in office was caused by the Bush administrations Iraq/Afghanistan wars, GW Bush's tax cuts that took place when Obama first entered office, increased spending by GW Bush (Bush increased spending by 48.6%), and federal subsidies started by GW Bush, ex.ex.
Are you saying Democrat spending good, Republican spending bad? That's what it sounds like to me. I didnt hear you complaining about Obama's reckless spending on things like Solyndra, and the failed Obamacare web site that cost us $200,000,000+.
Obama decreased government spending by over 50%. And for this reason it can be argued that Obama is the smallest government spender since Dwight D. Eisenhower.
Actually, it does benefit the middle class but since most people don't have a clue about how your W2 income is taxed and the tax code you can be easily misled to believe that it benefited the rich which is not true.
Of course, if you don't pay federal taxes, to begin with, why would you bother to learn about federal taxation right? You'll just take the easy way and learn from the media who by the way are rich.
Trumps tax cuts do the following,
Raise low income workers after-tax income by 0.8%
Raise middle class Americans after-tax income by 1.5%
Raise the richest 1% of Americans after-tax income by 13.5%
Raise the richest 0.1% of Americans after-tax income by 14.2%
Raise low income workers after-tax income by 0.8%
Raise middle class Americans after-tax income by 1.5%
Raise the richest 1% of Americans after-tax income by 13.5%
Raise the richest 0.1% of Americans after-tax income by 14.2%
Of course the first thing he did was give himself a tax cut, and one for his kids. I don't blame him, but my gripe is framing it as a middle class tax cut to deceive the pubic.
Of course the first thing he did was give himself a tax cut, and one for his kids. I don't blame him, but my gripe is framing it as a middle class tax cut to deceive the pubic.
Trump gave his kids a $2.8 billion dollar tax cut (by abolishing the Estate Tax, a tax that only effects the richest 0.2% of Americans.)
Raise low income workers after-tax income by 0.8%
Raise middle class Americans after-tax income by 1.5%
Raise the richest 1% of Americans after-tax income by 13.5%
Raise the richest 0.1% of Americans after-tax income by 14.2%
And raised the yearly deficit to an amt exceeding a trillion dollars for as long as we can see into the future. Given this market now I wouldn't be surprised if we got to a 1.5 Trillion dollar yearly deficit.
Then, after that is set in stone, maybe a Dem POTUS will be elected and "conservatives" can point the finger and ask why the budget isn't balanced.
Of course the first thing he did was give himself a tax cut, and one for his kids. I don't blame him, but my gripe is framing it as a middle class tax cut to deceive the pubic.
Why wouldn't you blame him?
Is the POTUS job defined as taking what money you can for yourself?
I think you are confusing a regular, albeit selfish, citizen with the POTUS.
You are correct. If Trump would stop appointing people based on looks he would’ve had a fed chair who would’ve kept rates low. But no, Yellen wasn’t attractive enough for him. I’m glad the FED is raising rates because if we hit turbulence there will be tools that can assist. The fed has to stop QE at some time so it was bound to happen.
The Fed stopped with QE over 4 years ago.
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"Elections have consequences John, it your turn to take a seat in the back of the bus."
