Obama didn't cut it, revenue increases cut the deficit as we recovered from the recession. That is not a criticism of Obama, just a fact. His two tax cuts increased the deficit somewhat but were probably needed as a stimulus. I don't think the $900 billion(?) stimulus bill accomplished much.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Trumps tax cuts were a mammoth fraud
- Thread starter floridafan
- Start date
Obama didn't cut it, revenue increases cut the deficit as we recovered from the recession. That is not a criticism of Obama, just a fact. His two tax cuts increased the deficit somewhat but were probably needed as a stimulus. I don't think the $900 billion(?) stimulus bill accomplished much.
PoliTalker
Diversity Makes Greatness
Hello Flash,
That's more reasonable to state it like that. Thanks. I agree with this.
Oh, I remember that. Republicans threw that into the new tax overhaul because it hurt Democrats more than Republicans. Who should be surprised that Democrats want to revert back to previous levels.
That is what I said--Democratic presidential candidates (and JPP posters) support more spending--forgive student debt, free college, Medicare for all, Green New Deal. The reasons they want that spending (general welfare) does not change the fact that they want it (and Republicans are just as bad). Plus, Democrats wanted to triple the maximum EITC in the current spending bill but were unsuccessful.
I did not "blame" Obama for the record debt, just pointed out that Republicans aren't always responsible for increased debt. Presidents get the credit or blame for those things even if they have little to do with them.
https://www.washingtonpost.com/opin...3ad64e-236b-11ea-bed5-880264cc91a9_story.html
That's more reasonable to state it like that. Thanks. I agree with this.
And, I saw a debate in the House on C-SPAN of the Democrats wanting to increase the tax deduction on state and local taxes to $20,000 (from the $10,000 limit in the 2017 tax bill). Republicans argued almost all the benefits would go to the top 1%.
Oh, I remember that. Republicans threw that into the new tax overhaul because it hurt Democrats more than Republicans. Who should be surprised that Democrats want to revert back to previous levels.
Oh, I remember that. Republicans threw that into the new tax overhaul because it hurt Democrats more than Republicans. Who should be surprised that Democrats want to revert back to previous levels.
It mostly hurt upper income. We see such switches in party arguments:
Republicans claiming impeachment does not have to be a criminal act and now the Dems are saying that
Dems used to be more sympathetic to Russia and the Reps said they were the evil empire--now Reps like them and Dems say they are the enemy
Dems wanting tax cuts and Reps arguing they will mostly help the rich
PoliTalker
Diversity Makes Greatness
It mostly hurt upper income. We see such switches in party arguments:
Republicans claiming impeachment does not have to be a criminal act and now the Dems are saying that
Dems used to be more sympathetic to Russia and the Reps said they were the evil empire--now Reps like them and Dems say they are the enemy
Dems wanting tax cuts and Reps arguing they will mostly help the rich
Look no further than San Francisco to see a liberal government with huge problems for the lower classes. It is common for conservatives to use this as an example that 'all liberal policies do not work.'
It is common knowledge that all liberals are not the same. Neither are all Democrats. Bill Clinton was hardly liberal. He and Obama were both very tight with the big money Wall Street big bankers. Obama wasn't really as liberal as most conservatives believe. He was bankrolled by big money, just like Clinton. There are big money progressives who have a very different agenda from the rest of progressives, just as there are big-money conservatives whose priorities are well furthered by blaming Democrats for the problems of their less-moneyed followers.
This whole classic battle between the left and the right is actually cleverly used as a tool by the super-rich of bother persuasions to distract the eyes of the masses away from the Class War. Rather effectively, I might add.
The super-rich to the rest: "Hey. Let's get you all emotionally fired up about left-right issues while we pick your pocket. You don't mind, do you?"
Obama didn't cut it, revenue increases cut the deficit as we recovered from the recession. That is not a criticism of Obama, just a fact. His two tax cuts increased the deficit somewhat but were probably needed as a stimulus. I don't think the $900 billion(?) stimulus bill accomplished much.
It did. That is what jump started the economy.