PsychoBiValve - Qu'est-ce Que C'est?

Started by Blackvegetable

This political chat room is for you to sound off about any political ideology and discuss current political topics. Everyone is welcome, yes, even conservatives, but keep in mind, the nature of the No Holds Barred political chat forum platform can be friendly to trolling. It is your responsibility to address this wisely. Forum Rules

Next
102 replies to this topic Sticky this thread

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 10:37 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

Log in or register to remove this ad..
The US has plenty of experience with irresponsible tax cuts. Yet its leaders seem not to have learned their lesson.


Far from pursuing careful deliberation and smart compromise, US Republicans today are pretending that the cuts for which they are striving will carry no costs. If they get their way, these self-professed fiscal conservatives will blow up the budget deficit, just as they did in 1981 under Reagan, and just as they did again in 2001 and 2003, thanks to the massive tax cuts enacted under President George W. Bush...

Of course, today’s Republicans do not admit that their plan isn’t revenue-neutral. Like their counterparts in 1981, not to mention during the Bush era, they claim that the cuts will stimulate the economy so much that overall tax receipts will stay the same or even rise. Yet such claims have been rejected by virtually all mainstream economists, including the economic advisers of both Reagan and Bush.
Those administrations implemented their cuts anyway – and, as economists had warned, budget deficits increased sharply.

The tax cuts that the Trump Republicans are attempting to pass today would be even more damaging. There is good reason to fear much more serious long-term consequences of the rise in the budget deficit, owing to two key issues of timing – one cyclical and the other demographic.


https://www.project-syndicate.org/commentary/republican-tax-reform-reagan-by-jeffrey-frankel-2017-11

Last edited by Blackvegetable on 12 Jan 2018, 10:44 am, edited 1 time in total.
0
Log in or register to remove this ad..

roadkill's Photo
Posted by roadkill
  11,119 12 Jan 2018, 10:38 am

roadkill       
      

Posts: 27,014
Conservative Conservative political affiliation
Politics: Conservative
Money: 11,119.21

Blackvegetable » 12 Jan 2018 9:37 am wrote:
The US has plenty of experience with irresponsible tax cuts. Yet its leaders seem not to have learned their lesson.


$20 Trillion in debt now because of the dems subprime scam.
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 10:45 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

roadkill » 12 Jan 2018 9:38 am wrote:

$20 Trillion in debt now because of the dems subprime scam.



No it isn't.....unless you've got some math to show me....


(I know, right?)
0

roadkill's Photo
Posted by roadkill
  11,119 12 Jan 2018, 10:48 am

roadkill       
      

Posts: 27,014
Conservative Conservative political affiliation
Politics: Conservative
Money: 11,119.21

Blackvegetable » 12 Jan 2018 9:45 am wrote:

No it isn't.....unless you've got some math to show me....

(I know, right?)


Hey...yer economy is still going strong. :clap:


DJIA
$DJI
25,760.03
+185.30
(0.72%)
NASDAQ
$COMP
7,245.39
+33.62
(0.47%)
S&P 500
$SPX
2,782.02
+14.46
(0.52%)
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 10:49 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20


roadkill » 12 Jan 2018 9:48 am wrote:

Hey...yer economy is still going strong. :clap:

DJIA
$DJI
25,760.03
+185.30
(0.72%)
NASDAQ
$COMP
7,245.39
+33.62
(0.47%)
S&P 500
$SPX
2,782.02
+14.46
(0.52%)


Better part of valor again...

Yes, that Obama Bull Market roars on....
2

roadkill's Photo
Posted by roadkill
  11,119 12 Jan 2018, 10:51 am

roadkill       
      

Posts: 27,014
Conservative Conservative political affiliation
Politics: Conservative
Money: 11,119.21

Blackvegetable » 12 Jan 2018 9:49 am wrote:

Better part of valor again...

Yes, that Obama Bull Market roars on....


Until it doesn't?

Then it will suddenly be defined, by you, as Trump's economy. :rofl:
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 10:56 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

roadkill » 12 Jan 2018 9:51 am wrote:

Until it doesn't?

Then it will suddenly be defined, by you, as Trump's economy. :rofl:


When it is interrupted it will be a Bear Market.......which may, or may not, be named for Trump....

You'll just have to wait and see.....but, in the meantime, thank an Obama voter today....
0

roadkill's Photo
Posted by roadkill
  11,119 12 Jan 2018, 10:57 am

roadkill       
      

Posts: 27,014
Conservative Conservative political affiliation
Politics: Conservative
Money: 11,119.21

Blackvegetable » 12 Jan 2018 9:56 am wrote:

When it is interrupted it will be a Bear Market.......which may, or may not, be named for Trump....

You'll just have to wait and see.....but, in the meantime, thank an Obama voter today....


OK...thank you Obama voters for and addition $10 Trillion in debt.
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 10:58 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

roadkill » 12 Jan 2018 9:57 am wrote:

OK...thank you Obama voters for and addition $10 Trillion in debt.


Show me that math.....
0

Termin8tor's Photo
Posted by Termin8tor
  13,837 12 Jan 2018, 11:01 am

Termin8tor       
      

Posts: 11,833
Conservative Conservative political affiliation
Politics: Conservative
Money: 13,837.44

Blackvegetable » 12 Jan 2018 9:37 am wrote:
Jeffrey Frankel, a professor at Harvard University's Kennedy School of Government


You get all pissy when I cited non-Economists, yet here you are citing bullshit from a Kennedy School of Government liberal moonbat.

Imbecile.

Reagan's tax cuts didn't cause the deficit, liar. Even the NYTimes finally admitted that spending did.


But typically buried the admission deep in the story so almost no one would notice, the liars.
0

roadkill's Photo
Posted by roadkill
  11,119 12 Jan 2018, 11:01 am

roadkill       
      

Posts: 27,014
Conservative Conservative political affiliation
Politics: Conservative
Money: 11,119.21


Blackvegetable » 12 Jan 2018 9:58 am wrote:

Show me that math.....


OK...


Obama = $10 Trillion added to debt.
1

Termin8tor's Photo
Posted by Termin8tor
  13,837 12 Jan 2018, 11:02 am

Termin8tor       
      

Posts: 11,833
Conservative Conservative political affiliation
Politics: Conservative
Money: 13,837.44

Blackvegetable » 12 Jan 2018 9:58 am wrote:
roadkill » 12 Jan 2018 9:57 am wrote:
OK...thank you Obama voters for and addition $10 Trillion in debt.


Show me that math.....


Okay, 1, 2, 3, 4.....$10 trillion.

Imbecile. :\
0

Termin8tor's Photo
Posted by Termin8tor
  13,837 12 Jan 2018, 11:03 am

Termin8tor       
      

Posts: 11,833
Conservative Conservative political affiliation
Politics: Conservative
Money: 13,837.44

Blackvegetable » 12 Jan 2018 9:49 am wrote:
that Obama Bull Market roars on....


Sure, the markets just love 1.6% annual GDP growth, Dim. :rofl: :rofl:

You're dumber than dirt.
0

roadkill's Photo
Posted by roadkill
  11,119 12 Jan 2018, 11:08 am

roadkill       
      

Posts: 27,014
Conservative Conservative political affiliation
Politics: Conservative
Money: 11,119.21

Termin8tor » 12 Jan 2018 10:01 am wrote:

You get all pissy when I cited non-Economists, yet here you are citing bullshit from a Kennedy School of Government liberal moonbat.

Imbecile.

Reagan's tax cuts didn't cause the deficit, liar. Even the NYTimes finally admitted that spending did.

But typically buried the admission deep in the story so almost no one would notice, the liars.


Remember...Bduped is not too bright.
0

Termin8tor's Photo
Posted by Termin8tor
  13,837 12 Jan 2018, 11:08 am

Termin8tor       
      

Posts: 11,833
Conservative Conservative political affiliation
Politics: Conservative
Money: 13,837.44

Blackvegetable » 12 Jan 2018 9:37 am wrote:
The US has plenty of experience with irresponsible tax cuts. Yet its leaders seem not to have learned their lesson.


Well gosh, who would want to have another historic economic boom like the one Reagan began?

Not liberals. :blink:

If they get their way, these self-professed fiscal conservatives will blow up the budget deficit, just as they did in 1981 under Reagan


Where was the Kennedy School of Government when Obama ran up $10 trillion in debt to achieve the 4th worst economic record in US history?

Dead silent.

Even if calculated in defunct Static Analysis, the tax cut is only $150 billion, so your source is simply lying when he claims it will "blow up the budget deficit." $150 billion is pretty small.

Figures a liar would cite another liar. :\
0

Termin8tor's Photo
Posted by Termin8tor
  13,837 12 Jan 2018, 11:10 am

Termin8tor       
      

Posts: 11,833
Conservative Conservative political affiliation
Politics: Conservative
Money: 13,837.44

roadkill » 12 Jan 2018 10:08 am wrote:

Remember...Bduped is not too bright.


I somewhat disagree. It takes a certain animal intelligence to tell endless lies without getting caught in them too often.

His problem isn't stupidity.

It's a complete and utter lack of integrity.

Rule #1; liberals lie.
0

User avatar
Posted by Famagusta
  1,120 12 Jan 2018, 11:17 am

Famagusta User avatar
   
   

Posts: 837
Libertarian Libertarian political affiliation
Politics: Libertarian
Money: 1,119.91

Termin8tor » 12 Jan 2018 10:03 am wrote:

Sure, the markets just love 1.6% annual GDP growth, Dim. :rofl: :rofl:

You're dumber than dirt.


He's trying to speak French too?
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 11:18 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

Termin8tor » 12 Jan 2018 10:03 am wrote:

Sure, the markets just love 1.6% annual GDP growth, Dim. :rofl: :rofl:

You're dumber than dirt.


The markets performance snce 2009 is a matter of record, PsychoBiValve...



1.6% annual GDP growth


Show me the math....
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 11:19 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

roadkill » 12 Jan 2018 10:08 am wrote:

Remember...Bduped is not too bright.



Ask PsychoBiValve for the citation, tool......
0

Blackvegetable's Photo
Posted by Blackvegetable
  11,737 12 Jan 2018, 11:21 am

Blackvegetable       
      

Posts: 9,107
Independent Independent political affiliation
Politics: N/A
Money: 11,737.20

Termin8tor » 12 Jan 2018 10:08 am wrote:

[/size][/i]Well gosh, who would want to have another historic economic boom like the one Reagan began?

Not liberals. :blink:



Where was the Kennedy School of Government when Obama ran up $10 trillion in debt to achieve the 4th worst economic record in US history?

Dead silent.

Even if calculated in defunct Static Analysis, the tax cut is only $150 billion, so your source is simply lying when he claims it will "blow up the budget deficit." $150 billion is pretty small.

Figures a liar would cite another liar. :\



achieve the 4th worst economic record in US history?



According to whom, liar?

Does your source provide his methodology, or does he just assert it, knowing that you aren't numerate?
0


Next

Return to No Holds Barred Political Forum

Who is online

Users viewing this topic: No registered users and 3 guests

Who has visited this topic