Bring Back Trumponomics, Trickle-down Economics & Supply Side Economics

[PostmodernProphet]

Demmycrat economics isn't trickle down.....it's take away......

 

[PostmodernProphet]

Never take responsibility for anything. Shift it to others.

get real......you cunts want to shift it to Trump.......every state set its own rules for closures.....Gretch the Wretch, Gruesom Newsom and Cujo Coumo were the worst.......

 

[T. A. Gardner]

We were talking about the Trump tax cut and I was talking about Trump's presidency. The economy was very good until the pandemic and then he left office with fewer jobs than when he started. He also spend far too much on stimulus, PPP, and other spending.

My main point was simply that any government program trying to get money to lower income will be trickle down from those who pay the taxes.

Yea, Trump made the same mistake with those handouts. Did get me a new pool pump and filter, among other non-necessities...

 

[Nordberg]

We were talking about the Trump tax cut and I was talking about Trump's presidency. The economy was very good until the pandemic and then he left office with fewer jobs than when he started. He also spend far too much on stimulus, PPP, and other spending.

My main point was simply that any government program trying to get money to lower income will be trickle down from those who pay the taxes.

And it does not grow the economy. Give the basics to the small people and they will grow the economy. They work, start businesses and pay taxes. They need a lot of things and they buy them. The overall economy grows. It also makes money for the ownership class.

 

[Libhater]

Trump was one of the only presidents who left office with fewer people employed than when he took office.

NEWSFLASH.... COVID 19

 

[Concart]

If not the tax cut something caused a record high number of jobs (160 million), 3.5% unemployment, and an increase in middle-class income. During the pandemic Americans received tax credits and stimulus checks. That money had to come from those who pay more taxes (plus borrowing).

There was no significant change in unemployment due to Trumps tax cuts. As for the stimulus money that was borrowed; there was no revenue stream earmarked for that spending and no new tax imposed.

Trumps tax cuts did nothing but hand rich corporations more profit at the cost of tax revenues.

https://www.brookings.edu/articles/searching-for-supply-side-effects-of-the-tax-cuts-and-jobs-act/

 

[Concart]

We were talking about the Trump tax cut and I was talking about Trump's presidency. The economy was very good until the pandemic and then he left office with fewer jobs than when he started. He also spend far too much on stimulus, PPP, and other spending.

My main point was simply that any government program trying to get money to lower income will be trickle down from those who pay the taxes.

And…. The labor force participation rate is not at an all time low. More bullshit from the JPP nazi. It has risen steadily throughout the Biden administration.

https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm

As for his other bullshit claim of only half a million new jobs, there are actually over two million jobs more than ore pandemic levels. He gets everything wrong. We reached ore pandemic levels in August if 2022.

 

[Concart]

What do you know about economics?

A hundred times more than you do, hot rod.

 

[RB 60]

A hundred times more than you do, hot rod.

He does? Lol! Duh!!

 

[ExpressLane]

These theories have fewer regulations (restraints) on businesses and individuals, accompanied with lower taxes. Right-of-left believe in more freedom, especially energy.

President Trump's lower tax rates yielded low inflation, a record low poverty rate and rapidly rising real wages, especially for those at the bottom. Sadly, most journalists and other democrats reflexively opposed these successful policies and sought to destroy Trump every day no matter how much they had to lie (remember the Russian hoax).

Real medium household increased by $4,400 in 2019, reaching an all-time record high of $68,700. This represents a 6.8 percent one-year increase, which is the largest one-year increase in median income on record. Since 2016, real medium household income has increased by 9.7 percent (after adjusting for a Census Survey redesign in 2017).

Income gains in 2019 were largest for minority groups. Real medium income grew by 7.9 percent for black Americans, 7.1 percent for Hispanic Americans, and 10.6 percent for Asian Americans. These one-year increases were all record highs, and the new income levels reached in 2019 were all record highs, as well.

The rise in income was driven by an increase in the number of workers, especially women. There were 2.2 million more people working at some point in 2019 compared with 2018.

Poverty hits record low after largest decrease in over 50 years.

The official poverty rate fell to an all-time record low of 10.5 percent in 2019. Over 4 million people were lifted out of poverty between 2018 and 2019 for a 1.3 percentage point decrease. This was the largest reduction in poverty in over 50 years.

Socialism and big Democrat run government polices are not the best way to make the economy thrive for all Americans; it didn't work for the Soviet people under Joseph Stalin, or the German people under the Nationalist Socialist German Workers (Nazi) party. Capitalism and a thriving private sector yields the most prosperity for the greatest amount of people.

https://www.americanthinker.com/blo...oreign_corruption_and_government_control.html

But Trump made mean Tweets !!!

 

[ExpressLane]

NEWSFLASH.... COVID 19

Indeed . Democrat governors shut down the economies of their states.

 

[ExpressLane]

There was no significant change in unemployment due to Trumps tax cuts. As for the stimulus money that was borrowed; there was no revenue stream earmarked for that spending and no new tax imposed.

Trumps tax cuts did nothing but hand rich corporations more profit at the cost of tax revenues.

https://www.brookings.edu/articles/searching-for-supply-side-effects-of-the-tax-cuts-and-jobs-act/

The labor participation rate rose under Trump and has gone down under Biden.

 

[Concart]

He does? Lol! Duh!!

Yep, pretty obvious. Actually, you appear not to know anything.

 

[Into the Night]

Trump did nothing economically except inherit a vibrant and growing economy from Obama

Blatant lie. The economic depression caused by Democrats during the Obama years is not a 'vibrant and growing economy'.

who had to fix Bush's economic disaster.

There wasn't one.

Trump's tax cut, which came a year and a half after he was crowned king of America

There is no King of America.

just exacerbated the wealth gap

There is no such thing as a 'wealth gap'.

and added another 8 trillion to the debt.

Trump can't add to the debt. Only the House can. That's DEMOCRATS, dope.

Slashing regulations is just removing the small bit of power that people have against corporate abuse.

What 'corporate abuse'?? Void argument fallacy.

Biden has had to fix another Repub economic mess and he has accomplished a lot.

There was no Republican 'economic mess'. Trump ended the economic depression within a year of taking office.

Putin's war created worldwide inflation.

Blatant lie. Inflation existed worldwide long before Putin started his war.

Biden has managed to drop ours below the levels of other industrialized nations.

Blatant lie.

He has added an enormous number of jobs.

Blatant lie.

He has done a good job on the economy

Blatant lie. An economic depression is NOT a good job on the economy!

and is rebuilding the infrastructure at the same time.

Blatant lie.

DEMOCRATS started the current economic depression. Many businesses were DESTROYED and will not return. Now open looting and violent crime is out of control in cities and MORE businesses are being DESTROYED.

 

[Into the Night]

The architect of supply side economics, David Stockman, considers the policy to be disastrous and a complete failure. But hey, let's do it again!!!

Ending an economic depression is NOT a 'complete failure'.

 

[Into the Night]

Trump was one of the only presidents who left office with fewer people employed than when he took office.

Blatant lie.
Remember, it was DEMOCRATS that created the current economic depression, DESTROYING many businesses as a result.

 

[Into the Night]

All economics is trickle down.

No such thing.

 

[Into the Night]

Depends on how you define 'trickle down'. The common usage is shorthand for supply side tax policy. It does not work. The empirical evidence is overwhelming. I really don't understand why the GOP (and I'm talking about the REAL GOP, not this twisted cult of personality version) still believes in supply side. It has failed every single time it's been tried. Most recently by Trump.

Taxes or the lack of taxes is not the economy, dope.
Ending the economic depression that lasted through all the Obama years is NOT a 'failure'.

 

[Into the Night]

Correct in part. However, the share of taxes paid by various income levels is dictated by tax policy, and supply side tax policy advocates shifting the burden to lower income levels in the belief that higher income individuals are more likely to efficiently use dollars that would have been otherwise taxed. The monstrous flaw in that theory is the belief that spending by upper income individuals will lead to more disposable income for lower incomes. It does not. This has been proven, and continues to be proven every single time a tax cut targets the rich. See: Trump Tax Cuts. Businesses didn't create jobs with those breaks. They bought back their stock. That tax cut was gift wrapped by Trump for the richest corporations.

Taxes or the lack of taxes is not economy, dope.

 

[Into the Night]

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CORRECTION[/COLOR]: BRING BACK THE ECONOMY THAT OBAMA LEFT THE ORANGE GUY,

No, thanks. Indeed, the current economic depression is worse than the one during the Obama years.