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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (311941)	11/27/2024 9:11:38 PM
From: koan	1 Recommendation Recommended By riversides Read Replies (1) \| Respond to of 365082

Nonsense, what the fuck are you talking about? Trump did not break even, he ran an 8 trillion deficit and ballooned debt more than ANY president, ever! Trump cut taxes big time, and it caused a huge deficit! He should have increased taxes so he didn't run any deficit. He said he would balance the budget when running for office. He lied. A good president generates enough revenue to meet the costs of society. They don't fucking borrow money from our kids, and grand kids to pay for tax cuts for ourselves and our rich friends. " ‘Oh what a tangled web we weave/When first we practice to deceive’ is a quote from" Walter Scott < Those tax cuts did not increase the deficits under Trump. They roughly broke even, but we did get a LOT of money brought home that otherwise would still be in foreign countries benefitting them, instead of us, nationally. Also, a lot of individual cuts, like the doubling of the standard deduction, were funded while still breaking even.

To: i-node who wrote (311941)	11/28/2024 10:26:18 AM
From: combjelly	2 Recommendations Recommended By koan rdkflorida2 Respond to of 365082

Source of figures? It is known by non-cultists that the economy had been growing at a rapid clip before Trump was elected in 2016. So your figures are lacking an important context, the growth in tax collections in years prior to the tax cut. The reality shows that post-tax cuts the rate of growth of the economy as a whole slowed considerably. Which your cherry-picked numbers were chosen specifically to hide. So your "proof", per usual, is a distortion of reality and a lie. Which is something you do. A lot.

To: i-node who wrote (311941)	11/28/2024 10:40:34 AM
From: koan	2 Recommendations Recommended By rdkflorida2 Trader77 Respond to of 365082

You seem to be having trouble understanding that Trump added 8 trillion to the federal deficit. So let me try again to explain it to you. The US Treasury Department had to borrow 8 trillion dollars to pay our bills. And they needed to do this because Trump cut taxes on the rich by a lot e.g. reducing the capital gains tax from 35% to 21%. Can you see how this would bring in less money-lol?? Are you going to argue with the US treasury Department too?