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All it did is blow up the deficit. And guess what brilliant Trump has done? He's started multiple trade wars that are likely going to cause a recession in 2020 or 2021. This next recession could be long and protracted. Trump's brilliance was to give a huge tax cut when it wasn't needed, had 0 effect and blew up the deficit. Now that card can't be used when it is is really needed for the looming recession.
It most certainly has had an effect on revenues...a bad one.
I will never understand the obsession with tax cuts in a nation that loves running up huge bills. The military budget alone should give tax cutters some pause.
It most certainly has had an effect on revenues...a bad one.
I will never understand the obsession with tax cuts in a nation that loves running up huge bills. The military budget alone should give tax cutters some pause.
This is what happened. We said lets spend 54 billion more on the military but not pay for it. People demonize individuals who spend but then can not pay but yet they praise politicians for doing the same.
This is what happened. We said lets spend 54 billion more on the military but not pay for it. People demonize individuals who spend but then can not pay but yet they praise politicians for doing the same.
Bingo.
If we talk about heath care, first thing outta Laura Ingraham’s mouth is “how do we pay for it?”
Say we’re going to send 120,000 troops to the Persian Gulf, NO ONE asks “how do we pay for it?”
In fact, they get mad at the mention of paying for it.
If we talk about heath care, first thing outta Laura Ingraham’s mouth is “how do we pay for it?”
Say we’re going to send 120,000 troops to the Persian Gulf, NO ONE asks “how do we pay for it?”
In fact, they get mad at the mention of paying for it.
This is even after someone like Bernie explains how he would pay for the programs he supports. People then yell "Socialism" like it's some evil thing even though it's the Capitalists sowing death and destruction all over the globe and not paying for it, but funding it with the Socialist Federal Reserve system.
It most certainly has had an effect on revenues...a bad one.
I will never understand the obsession with tax cuts in a nation that loves running up huge bills. The military budget alone should give tax cutters some pause.
It's about spending. lol As if you care much about military spending and nation building. You voted for that war monger Obama who escalated over Bush.
This is even after someone like Bernie explains how he would pay for the programs he supports. People then yell "Socialism" like it's some evil thing even though it's the Capitalists sowing death and destruction all over the globe and not paying for it, but funding it with the Socialist Federal Reserve system.
He hasn't explained what to do when he runs out of other peoples money and the FACT that government pretty much stinks at running the economy since it drives it into the ground. I know, I know. We can print up more money.
The whole "tax cuts should pay for themselves" theory is laughable.
That's the ONE area where some are falsely concerned about fiscal balance.
Meanwhile, all of the other government agencies are hemorrhaging money big time. Spending is never addressed as a problem, unless it's the military.
Also - if tax cuts had zero effect, that's a good thing. That means it didn't hurt anything either. Right? So what's the big deal?
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