A Recession Under Trump?

[danielpalos]

I have been reading various reports that we are bound for another Recession. The question isn't why? It's a more of when.

Will it happen under the Trump Administration?

Is The Next Recession On Its Way?

https://seekingalpha.com/article/4209026-another-financial-crisis-coming-investors-need-know

Remember, when Trump won the Marxists such as Paul Krugman DEMANDED that the stock markets would crash and we would go into a deep depression.

This is just more of the same from the hate filled left who cannot stand that America is thriving.

The Nazicrats behave like they hate Donald Trump, but what they really hate is America. When America wins, the democrats lose.

how sustainable are tax cut economics?

Much more stable than your pea-brain chicken little self is thinking.

nobody takes the right wing seriously about economics.

Why is it when John F Kennedy cut taxes and had a economic boom he was hailed as a hero? Yet when Trump does the same it is called stupid and unsustainable?

It had to do with the political situation. The concept was still not widely accepted by the left.

The president finally decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a cut in the corporate tax rate from 52% to 47%. Ironically, economic growth expanded in 1963, and Republicans and conservative Democrats in Congress insisted that reducing taxes without corresponding spending cuts was unacceptable. Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes.==John F. Kennedy on the Economy and Taxes - John F. Kennedy Presidential Library & Museum

Notice the actual tax rates, then. Now, tax cut economics are simply, fiscally irresponsible.

 

[danielpalos]

I have been reading various reports that we are bound for another Recession. The question isn't why? It's a more of when.

Will it happen under the Trump Administration?

Is The Next Recession On Its Way?

https://seekingalpha.com/article/4209026-another-financial-crisis-coming-investors-need-know

Remember, when Trump won the Marxists such as Paul Krugman DEMANDED that the stock markets would crash and we would go into a deep depression.

This is just more of the same from the hate filled left who cannot stand that America is thriving.

The Nazicrats behave like they hate Donald Trump, but what they really hate is America. When America wins, the democrats lose.

how sustainable are tax cut economics?

Much more stable than your pea-brain chicken little self is thinking.

nobody takes the right wing seriously about economics.

Nobody takes you seriously about economics. I'm no financial wizard myself, but you're fucking derp.

lol. You need valid arguments. Even wo-men can gossip.

 

[danielpalos]

nobody takes the right wing seriously about economics.

Nobody takes YOU seriously about economics, Corky.

lol. "wrong way Feldmans", never do.

 

[Oddball]

lol. You need valid arguments. Even wo-men can gossip.

 

[boedicca]

The Fed has a history of tightening too quickly and inducing recessions, intentional or otherwise. The biggest risk for a Recession right now is the Fed's increasing interest rates too quickly. Given years of Obabble ZIRP, the path to normal rates needs to be done at a measured pace that is well anticipated by the markets.

 

[danielpalos]

lol. You need valid arguments. Even wo-men can gossip.

I have arguments, not memes.

 

[Oddball]

I have arguments, not memes.

You have delusions, not arguments.

 

[Maxdeath]

Remember, when Trump won the Marxists such as Paul Krugman DEMANDED that the stock markets would crash and we would go into a deep depression.

This is just more of the same from the hate filled left who cannot stand that America is thriving.

The Nazicrats behave like they hate Donald Trump, but what they really hate is America. When America wins, the democrats lose.

how sustainable are tax cut economics?

Much more stable than your pea-brain chicken little self is thinking.

nobody takes the right wing seriously about economics.

Why is it when John F Kennedy cut taxes and had a economic boom he was hailed as a hero? Yet when Trump does the same it is called stupid and unsustainable?

It had to do with the political situation. The concept was still not widely accepted by the left.

The president finally decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a cut in the corporate tax rate from 52% to 47%. Ironically, economic growth expanded in 1963, and Republicans and conservative Democrats in Congress insisted that reducing taxes without corresponding spending cuts was unacceptable. Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes.==John F. Kennedy on the Economy and Taxes - John F. Kennedy Presidential Library & Museum

Notice the actual tax rates, then. Now, tax cut economics are simply, fiscally irresponsible.

Yet his idea of cutting taxes created an economic boom.

Yes rates were higher. But you still have people complaining that they did not get a large enough tax cut. There are a large number of those complaining about the size of their tax cut that want free healthcare. They want a minimum wage of $15.00. They believe that all of it can be gained without increased taxes.

Some of that "fiscally irresponsible" can be offset by increased GDP. Some by bringing down unemployment. Some by getting rid of the dependance on some of the idea that everyone needs to be paid by and babysat by the government.

We need to get our spending under control. But that has to be by both sides of congress. There are somethings we should not have to spend inordinate amounts of money on.

 

[william the wie]

how sustainable are tax cut economics?

Much more stable than your pea-brain chicken little self is thinking.

nobody takes the right wing seriously about economics.

Why is it when John F Kennedy cut taxes and had a economic boom he was hailed as a hero? Yet when Trump does the same it is called stupid and unsustainable?

It had to do with the political situation. The concept was still not widely accepted by the left.

The president finally decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a cut in the corporate tax rate from 52% to 47%. Ironically, economic growth expanded in 1963, and Republicans and conservative Democrats in Congress insisted that reducing taxes without corresponding spending cuts was unacceptable. Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes.==John F. Kennedy on the Economy and Taxes - John F. Kennedy Presidential Library & Museum

Notice the actual tax rates, then. Now, tax cut economics are simply, fiscally irresponsible.

Yet his idea of cutting taxes created an economic boom.

Yes rates were higher. But you still have people complaining that they did not get a large enough tax cut. There are a large number of those complaining about the size of their tax cut that want free healthcare. They want a minimum wage of $15.00. They believe that all of it can be gained without increased taxes.

Some of that "fiscally irresponsible" can be offset by increased GDP. Some by bringing down unemployment. Some by getting rid of the dependance on some of the idea that everyone needs to be paid by and babysat by the government.

We need to get our spending under control. But that has to be by both sides of congress. There are somethings we should not have to spend inordinate amounts of money on.

Court decisions on voter ID, the constitutionality of sanctuary status and the possibility of claw backs for illegally obtained federal funds could have major economic as well as political effects.

 

[danielpalos]

I have arguments, not memes.

You have delusions, not arguments.

you only have fallacy; talk and gossip all you want. even wo-men are Equal, to You.

 

[Oddball]

you only have fallacy

You already owe me for one irony-o-meter...I'm going to need a retainer if you keep it up.

 

[danielpalos]

how sustainable are tax cut economics?

Much more stable than your pea-brain chicken little self is thinking.

nobody takes the right wing seriously about economics.

Why is it when John F Kennedy cut taxes and had a economic boom he was hailed as a hero? Yet when Trump does the same it is called stupid and unsustainable?

It had to do with the political situation. The concept was still not widely accepted by the left.

The president finally decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a cut in the corporate tax rate from 52% to 47%. Ironically, economic growth expanded in 1963, and Republicans and conservative Democrats in Congress insisted that reducing taxes without corresponding spending cuts was unacceptable. Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes.==John F. Kennedy on the Economy and Taxes - John F. Kennedy Presidential Library & Museum

Notice the actual tax rates, then. Now, tax cut economics are simply, fiscally irresponsible.

Yet his idea of cutting taxes created an economic boom.

Yes rates were higher. But you still have people complaining that they did not get a large enough tax cut. There are a large number of those complaining about the size of their tax cut that want free healthcare. They want a minimum wage of $15.00. They believe that all of it can be gained without increased taxes.

Some of that "fiscally irresponsible" can be offset by increased GDP. Some by bringing down unemployment. Some by getting rid of the dependance on some of the idea that everyone needs to be paid by and babysat by the government.

We need to get our spending under control. But that has to be by both sides of congress. There are somethings we should not have to spend inordinate amounts of money on.

we have a general welfare clause not a general warfare clause. how much money has been wasted in the Middle East, accomplishing nothing but "gunboat diplomacy"?

 

[danielpalos]

you only have fallacy

You already owe me for one irony-o-meter...I'm going to need a retainer if you keep it up.

i may work on memes.

 

[Mr Natural]

No matter how bad it gets, The Trumpets will never admit to a recession.

Or blame Trumpy.

It’ll be either the fault of the Democrats in Congress or Obama.

And their solution will be further tax cuts on the billionaires to “supply side” our way out of it.

 

[Maxdeath]

Much more stable than your pea-brain chicken little self is thinking.

nobody takes the right wing seriously about economics.

Why is it when John F Kennedy cut taxes and had a economic boom he was hailed as a hero? Yet when Trump does the same it is called stupid and unsustainable?

It had to do with the political situation. The concept was still not widely accepted by the left.

The president finally decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a cut in the corporate tax rate from 52% to 47%. Ironically, economic growth expanded in 1963, and Republicans and conservative Democrats in Congress insisted that reducing taxes without corresponding spending cuts was unacceptable. Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes.==John F. Kennedy on the Economy and Taxes - John F. Kennedy Presidential Library & Museum

Notice the actual tax rates, then. Now, tax cut economics are simply, fiscally irresponsible.

Yet his idea of cutting taxes created an economic boom.

Yes rates were higher. But you still have people complaining that they did not get a large enough tax cut. There are a large number of those complaining about the size of their tax cut that want free healthcare. They want a minimum wage of $15.00. They believe that all of it can be gained without increased taxes.

Some of that "fiscally irresponsible" can be offset by increased GDP. Some by bringing down unemployment. Some by getting rid of the dependance on some of the idea that everyone needs to be paid by and babysat by the government.

We need to get our spending under control. But that has to be by both sides of congress. There are somethings we should not have to spend inordinate amounts of money on.

we have a general welfare clause not a general warfare clause. how much money has been wasted in the Middle East, accomplishing nothing but "gunboat diplomacy"?

As soon as you can point to one thing that welfare does to help those on it get off we can talk about what you mean about welfare. Once again you need to understand that there are things we can and can not spend money on . Once again it is both sides of the isle not just one.

 

[danielpalos]

nobody takes the right wing seriously about economics.

Why is it when John F Kennedy cut taxes and had a economic boom he was hailed as a hero? Yet when Trump does the same it is called stupid and unsustainable?

It had to do with the political situation. The concept was still not widely accepted by the left.

The president finally decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a cut in the corporate tax rate from 52% to 47%. Ironically, economic growth expanded in 1963, and Republicans and conservative Democrats in Congress insisted that reducing taxes without corresponding spending cuts was unacceptable. Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes.==John F. Kennedy on the Economy and Taxes - John F. Kennedy Presidential Library & Museum

Notice the actual tax rates, then. Now, tax cut economics are simply, fiscally irresponsible.

Yet his idea of cutting taxes created an economic boom.

Yes rates were higher. But you still have people complaining that they did not get a large enough tax cut. There are a large number of those complaining about the size of their tax cut that want free healthcare. They want a minimum wage of $15.00. They believe that all of it can be gained without increased taxes.

Some of that "fiscally irresponsible" can be offset by increased GDP. Some by bringing down unemployment. Some by getting rid of the dependance on some of the idea that everyone needs to be paid by and babysat by the government.

We need to get our spending under control. But that has to be by both sides of congress. There are somethings we should not have to spend inordinate amounts of money on.

we have a general welfare clause not a general warfare clause. how much money has been wasted in the Middle East, accomplishing nothing but "gunboat diplomacy"?

As soon as you can point to one thing that welfare does to help those on it get off we can talk about what you mean about welfare. Once again you need to understand that there are things we can and can not spend money on . Once again it is both sides of the isle not just one.

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed is a general solution regarding the general welfare.

 

[Maxdeath]

And still you do not point to one thing that welfare does to help get someone off welfare. It does not help with retraining. It does not help with job search. It does not even require job search.

Look at how well $15.00 an hour is working out for those that have it already. Small businesses closing. People being laid off.

But that is for another time. Right now we are talking about welfare.

 

[Toddsterpatriot]

And still you do not point to one thing that welfare does to help get someone off welfare. It does not help with retraining. It does not help with job search. It does not even require job search.

Look at how well $15.00 an hour is working out for those that have it already. Small businesses closing. People being laid off.

But that is for another time. Right now we are talking about welfare.

He wants a government check to pay for his weed.

 

[danielpalos]

And still you do not point to one thing that welfare does to help get someone off welfare. It does not help with retraining. It does not help with job search. It does not even require job search.

Look at how well $15.00 an hour is working out for those that have it already. Small businesses closing. People being laid off.

But that is for another time. Right now we are talking about welfare.

true welfare should be for those for whom merely solving for a poverty of capital under our form of capitalism, may not be enough; for the rest, compensation for Capitalism's natural rate of unemployment should be enough. It is more cost effective and helps the ready reserve labor force, stay ready while in reserve.

 

[danielpalos]

And still you do not point to one thing that welfare does to help get someone off welfare. It does not help with retraining. It does not help with job search. It does not even require job search.

Look at how well $15.00 an hour is working out for those that have it already. Small businesses closing. People being laid off.

But that is for another time. Right now we are talking about welfare.

He wants a government check to pay for his weed.

why use capitalism to punish rather than encourage?

capital merely needs to circulate not superfluous labor.