The U.S. national debt exceeded $33 trillion for the first time ever
- Thread starter ptif219
- Start date
Ah, but your argument is that tax cuts return more of what a person earned so they can spend the money better, right?
Well, if that's the case, how come household debt has skyrocketed while personal savings have declined since the start of trickle down???
Shouldn't putting more money in the hands of consumers by increasing after tax income result in less household debt????
No it wasn't.
It never was.
Every single promise you assholes made of your policies went unfulfilled.
You never hit growth of 3%
You never increased tax revenue
You lost net jobs
You lost the trade war with China that resulted in a $30B bailout for farmer trash
You never reduced the debt
You never even reduced the deficit
You took Obama's economy, which had grown consistently for 7 years, and threw it in the toilet with a tax cut that had the opposite intended effect on business investment, and resulted in a loss of 300,000 manufacturing jobs in 12 months.
There exists no world in which Trump's economy was better than Obama's. Trump's economy was actually worse than Bush the Dumber's (remember him?).
I see yet another Conservative struggles with the concept of linear time.
The Recession started in February 2020, the first COVID lockdowns weren't until March.
Does February come before or after March in Conservatardia?
Trump sold us out to China, did you forget?
Did you forget that we had to spend $30B to bail out farmer trash who thought waging a trade war with China was a good idea?
In the end, we didn't gain A SINGLE THING from that.
What do you mean? This sentence is not very well written.
The opioid crisis started with Trump.
More fentanyl came into the country during Trump than any other President.
Biden has caught more at the border than Trump ever did.
If I do this, are you going to accept it or are you going to come up with excuses for why you can't?
The simple fact is that the shitty places where people like you live don't have high wages...and because they don't have high wages, they don't pay a whole lot in taxes.
I live in the Atlanta metro area...we pay at least 53% of the taxes in the state, but only get 37% of the spending.
That means people who pay 47% of the taxes get 63% of the spending.
That's why you're a welfare queen.
Propping up the boonies, Atlanta’s thankless burden
https://www.ajc.com/news/local/torp...anta-thankless-burden/r1SZjXxBgQ6Oi4QC5AsOHM/
Back up...because you were wrong before.
You said Trump banned Chinese travelers, but he didn't.
We can't move forward until you acknowledge your huge error.
Into the Night
Verified User
Capitalism ONLY causes debt.
Capitalism does not cause debt.
Into the Night
Verified User
They can certainly spend it better than the government can!
Government debt is not personal debt.
Not necessarily. Non-sequitur fallacy. Government debt is not personal debt.
Into the Night
Verified User
...still chanting your fiction.
Into the Night
Verified User
...Still chanting your fiction.
Into the Night
Verified User
You are quite probably describing yourself again.
I do not know his line of work, but I'm pretty sure he is not on welfare.
Nonsense. The deficit ballooned because of emergency spending during Covid and Biden simply let the emergency spending drift off. He has done nothing at all to lower the deficit spending. The first 9 months of this year, this one 2023, the deficit has been 1.4 Trillion which is 875 Billion more than the same period over last year. (CBO link).
Even CNN says he is lying about who to credit for the deficit lowering in his first two years.. (laughingly it predicted that it would reduce the deficit in 2023 which it certainly is NOT doing considering it is way more than 2022).
https://www.cnn.com/2023/03/16/politics/fact-check-biden-deficit-minimum-tax/index.html
Your gaslighting is stupid. People see the deficit, they know that our debt is 33 Trillion, they know it is breaking records... Your gaslighting may work for yourself, but nobody else is fooled.
Into the Night
Verified User
Dutch Uncle
* Tertia Optio * Defend the Constitution
Mantra 45 Rectal-Cranial Inversion Syndrome (RCIS)
IBDaMann
Well-known member
Would I be correct in presuming that you think fascism is right wing oligarchy rule?
Dutch Uncle
* Tertia Optio * Defend the Constitution
That is Conservatism so yeah.
IBDaMann
Well-known member
So I would be correct in assuming that you are just another undereducated leftist troll who needs other people to do his thinking for him. Great. At least you broadcast this in your signature.
Just so you can never ask "Why didn't anybody ever tell me?" ... fascism is socialism, i.e. Marxism, i.e. far left on the political scale. Fascism was created by Giovanni Gentile who worshiped Marx and socialism, but who felt that the marketing needed to be changed from "the struggle of the proletariat against the bourgeoisie" to "the power of nationalism to garner the buy-in of the people." The Nazis were socialists and their party was the National Socialist Workers' Party. Fascism resonated with the Nazis who figured they had found the optimal way to sell socialism.
Anyway, if you'd like to read up, you can read it here and make yourself an expert.
IBDaMann
Well-known member
Do you live under a rock? The January 31, 2020 Presidential Proclamation on Suspension of Entry as Immigrants and Nonimmigrants of Persons who Pose a Risk of Transmitting 2019 Novel Coronavirus temporarily suspended the entry of foreign nationals who had been physically present in China within the 14 days preceding their entry, or attempted entry, into the United States.
We can't move forward until you acknowledge your huge error.