Say, Looks Like That Supply-Side Stuff Works After All

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Say, Looks Like That Supply-Side Stuff Works After All

6 Jul 2023

Bidenomonics has been, and will continue to be, a disaster. This is what happens when lawmakers manipulate economies. No one should ever expect a different outcome when politicians enact ideas that they believe are so brilliant that they will overcome the laws of economics. The way out of this mess is to make a policy U-turn to both unleash the economy and expand precious liberty.
President Joe Biden last week bragged that his economic policies ā€” straight from the Democrats blueprint that says ā€œborrow, tax, spend, regulate, then do it all againā€ ā€” are working. But as weā€™ve noted, Bidenomics has been a wreck, a flop that is taking us into a recession.
Not only did Biden openly boast as our sclerosis grows worse, he also, as Democrats always do, took a jab at ā€œtrickle-down economics,ā€ claiming it has ā€œfailed the middle class ā€¦ failed America ā€¦ blew up the deficitā€ and ā€œincreased inequity.ā€
He probably would have blamed the Canadian wildfires on ā€œtrickle-down economicsā€ had he thought about it. But thereā€™s not much thinking going on in his head ā€” and in fact there never has been, with his ungovernable mouth leading the way throughout his career as an elected grifter.
~Snip~
We donā€™t see Biden or any other Democrat ever coming around to supply-side economic policies, the correct terminology for what they sneeringly call ā€œtrickle-down economics,ā€ which asserts that lower taxes and less regulatory meddling fuel economic growth. Yet they are exactly what our economy ā€” any economy ā€“ needs, now and forever.
In our post-lockdown world, the states that have the strongest economic recoveries are the red ones on the map. And what do they have in common? Low taxes and light regulation.
We can see this vividly in the rankings of states that have had the greatest increases in hiring over the last year. Of the top 10, only two are blue, or Democratic, states.
~Snip~
Democrats are stubborn animals who will continue to take two-by-fours upside their heads and swear that the blows donā€™t hurt and thereā€™s no damage done. So we canā€™t under any circumstances foresee them ever abandoning their policy preferences, from busted Obamanomics to neo-Marxist Sandynomics to baffled-by-his-own-BS Bidenomics, that cause so much harm. Which is why we need a real red wave in 2024 rather than another ebbing tide like the one we had last year.


Commentary:
Before one declares that Bidenomics is ``Not Working``, one needs to discern the goals of Bidenomics. One might find that Bidenomics is, indeed, Working as designed to destroy te economy and America.
The big takeaway from this article is that lower taxes and light regulation actually increases tax revenues. This is because:
1) productive economic effort is rewarded, and​
2) there is less incentive to avoid taxes (e.g., people fleeing CA, NY, and IL).​
At the Federal level, look what the Reagan Tax Cuts did for the disastrous Carter and Obama economy; one of the longest sustained growth periods of US economic growth ever.
Did the Democrats learn the lesson? No! because to them higher taxes is the means to attaining more power.
While it is a current trend to use the term ā€˜Bidenomicsā€™ when referring to the abject failure of so many infrastructure sub-systems and supply chain shortages including baby formula, we should probably be calling it ā€˜Obamanomicsā€™.
Remember ā€œWe are going to change your world as you know it.ā€ No one thought to ask what his objective actually was..
 

Say, Looks Like That Supply-Side Stuff Works After All

6 Jul 2023

Bidenomonics has been, and will continue to be, a disaster. This is what happens when lawmakers manipulate economies. No one should ever expect a different outcome when politicians enact ideas that they believe are so brilliant that they will overcome the laws of economics. The way out of this mess is to make a policy U-turn to both unleash the economy and expand precious liberty.
President Joe Biden last week bragged that his economic policies ā€” straight from the Democrats blueprint that says ā€œborrow, tax, spend, regulate, then do it all againā€ ā€” are working. But as weā€™ve noted, Bidenomics has been a wreck, a flop that is taking us into a recession.
Not only did Biden openly boast as our sclerosis grows worse, he also, as Democrats always do, took a jab at ā€œtrickle-down economics,ā€ claiming it has ā€œfailed the middle class ā€¦ failed America ā€¦ blew up the deficitā€ and ā€œincreased inequity.ā€
He probably would have blamed the Canadian wildfires on ā€œtrickle-down economicsā€ had he thought about it. But thereā€™s not much thinking going on in his head ā€” and in fact there never has been, with his ungovernable mouth leading the way throughout his career as an elected grifter.
~Snip~
We donā€™t see Biden or any other Democrat ever coming around to supply-side economic policies, the correct terminology for what they sneeringly call ā€œtrickle-down economics,ā€ which asserts that lower taxes and less regulatory meddling fuel economic growth. Yet they are exactly what our economy ā€” any economy ā€“ needs, now and forever.
In our post-lockdown world, the states that have the strongest economic recoveries are the red ones on the map. And what do they have in common? Low taxes and light regulation.
We can see this vividly in the rankings of states that have had the greatest increases in hiring over the last year. Of the top 10, only two are blue, or Democratic, states.
~Snip~
Democrats are stubborn animals who will continue to take two-by-fours upside their heads and swear that the blows donā€™t hurt and thereā€™s no damage done. So we canā€™t under any circumstances foresee them ever abandoning their policy preferences, from busted Obamanomics to neo-Marxist Sandynomics to baffled-by-his-own-BS Bidenomics, that cause so much harm. Which is why we need a real red wave in 2024 rather than another ebbing tide like the one we had last year.


Commentary:
Before one declares that Bidenomics is ``Not Working``, one needs to discern the goals of Bidenomics. One might find that Bidenomics is, indeed, Working as designed to destroy te economy and America.
The big takeaway from this article is that lower taxes and light regulation actually increases tax revenues. This is because:
1) productive economic effort is rewarded, and​
2) there is less incentive to avoid taxes (e.g., people fleeing CA, NY, and IL).​
At the Federal level, look what the Reagan Tax Cuts did for the disastrous Carter and Obama economy; one of the longest sustained growth periods of US economic growth ever.
Did the Democrats learn the lesson? No! because to them higher taxes is the means to attaining more power.
While it is a current trend to use the term ā€˜Bidenomicsā€™ when referring to the abject failure of so many infrastructure sub-systems and supply chain shortages including baby formula, we should probably be calling it ā€˜Obamanomicsā€™.
Remember ā€œWe are going to change your world as you know it.ā€ No one thought to ask what his objective actually was..
But, but.....Racist.......
 

Say, Looks Like That Supply-Side Stuff Works After All

6 Jul 2023

Bidenomonics has been, and will continue to be, a disaster. This is what happens when lawmakers manipulate economies. No one should ever expect a different outcome when politicians enact ideas that they believe are so brilliant that they will overcome the laws of economics. The way out of this mess is to make a policy U-turn to both unleash the economy and expand precious liberty.
President Joe Biden last week bragged that his economic policies ā€” straight from the Democrats blueprint that says ā€œborrow, tax, spend, regulate, then do it all againā€ ā€” are working. But as weā€™ve noted, Bidenomics has been a wreck, a flop that is taking us into a recession.
Not only did Biden openly boast as our sclerosis grows worse, he also, as Democrats always do, took a jab at ā€œtrickle-down economics,ā€ claiming it has ā€œfailed the middle class ā€¦ failed America ā€¦ blew up the deficitā€ and ā€œincreased inequity.ā€
He probably would have blamed the Canadian wildfires on ā€œtrickle-down economicsā€ had he thought about it. But thereā€™s not much thinking going on in his head ā€” and in fact there never has been, with his ungovernable mouth leading the way throughout his career as an elected grifter.
~Snip~
We donā€™t see Biden or any other Democrat ever coming around to supply-side economic policies, the correct terminology for what they sneeringly call ā€œtrickle-down economics,ā€ which asserts that lower taxes and less regulatory meddling fuel economic growth. Yet they are exactly what our economy ā€” any economy ā€“ needs, now and forever.
In our post-lockdown world, the states that have the strongest economic recoveries are the red ones on the map. And what do they have in common? Low taxes and light regulation.
We can see this vividly in the rankings of states that have had the greatest increases in hiring over the last year. Of the top 10, only two are blue, or Democratic, states.
~Snip~
Democrats are stubborn animals who will continue to take two-by-fours upside their heads and swear that the blows donā€™t hurt and thereā€™s no damage done. So we canā€™t under any circumstances foresee them ever abandoning their policy preferences, from busted Obamanomics to neo-Marxist Sandynomics to baffled-by-his-own-BS Bidenomics, that cause so much harm. Which is why we need a real red wave in 2024 rather than another ebbing tide like the one we had last year.


Commentary:
Before one declares that Bidenomics is ``Not Working``, one needs to discern the goals of Bidenomics. One might find that Bidenomics is, indeed, Working as designed to destroy te economy and America.
The big takeaway from this article is that lower taxes and light regulation actually increases tax revenues. This is because:
1) productive economic effort is rewarded, and​
2) there is less incentive to avoid taxes (e.g., people fleeing CA, NY, and IL).​
At the Federal level, look what the Reagan Tax Cuts did for the disastrous Carter and Obama economy; one of the longest sustained growth periods of US economic growth ever.
Did the Democrats learn the lesson? No! because to them higher taxes is the means to attaining more power.
While it is a current trend to use the term ā€˜Bidenomicsā€™ when referring to the abject failure of so many infrastructure sub-systems and supply chain shortages including baby formula, we should probably be calling it ā€˜Obamanomicsā€™.
Remember ā€œWe are going to change your world as you know it.ā€ No one thought to ask what his objective actually was..
Reagan is happy from the grave,Trump took his crown as the worst president in US history.
Tax cuts did nothing but add debt and make rich people richer.

December 24 2017
President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, "You all just got a lot richer," referencing the sweeping tax overhaul he signed into law hours earlier.

The president has spent many weekends of his presidency so far at the "Winter White House," where initiation fees cost $200,000, annual dues cost $14,000, and some of the most affluent members of society have the opportunity to interact with the president in a setting while many Americans cannot.

April 4 2019
U.S. corporations spent a record amount buying back their own shares last year, using 2017ā€™s tax-cut windfall to reward shareholders rather than to invest or expand their businesses.

Companies in the S&P 500 spent $806 billion on stock buybacks in 2018, blowing away the previous record of nearly $590 billion set in 2007.

Who was president in 2007?
Another tax cut republican.
 
U.S. corporations spent a record amount buying back their own shares last year, using 2017ā€™s tax-cut windfall to reward shareholders rather than to invest or expand their businesses.

Companies in the S&P 500 spent $806 billion on stock buybacks in 2018, blowing away the previous record of nearly $590 billion set in 2007.

Oh no! I hate it when my stocks go up in price!!!
 
Is it any wonder real people aren't having it when MSM colludes with the FEDs to gaslight us into believing the economy isn't on a downhill slide & is only getting worse because of "Bidenomics"?

Real wages continue to decline,
inflation is much higher than reported,
savings rates have crashed
consumer debt is increasing while consumer confidence is plummeting
the residential real estate market is in recession & the commercial RE market is on the verge of collapse,
the jobs increases aren't reflected in the Household survey of real people & most small gains in employment are 2nd jobs
GDP is shrinking (growing less than inflation & only from govt spending)
fuel prices are spiking again


Leftist economics is & always will be a major drag on economies.

I say let it all crash. It's probably the only way the idiots that support the left will ever learn a lesson
 
Is it any wonder real people aren't having it when MSM colludes with the FEDs to gaslight us into believing the economy isn't on a downhill slide & is only getting worse because of "Bidenomics"?

Real wages continue to decline,
inflation is much higher than reported,
savings rates have crashed
consumer debt is increasing while consumer confidence is plummeting
the residential real estate market is in recession & the commercial RE market is on the verge of collapse,
the jobs increases aren't reflected in the Household survey of real people & most small gains in employment are 2nd jobs
GDP is shrinking (growing less than inflation & only from govt spending)
fuel prices are spiking again


Leftist economics is & always will be a major drag on economies.

I say let it all crash. It's probably the only way the idiots that support the left will ever learn a lesson
Teabagger hysterics.
 
So here we are caught between the government steering our economy, and the flip side free traders doing so

Each has a history......

~S~
But when the government starts taking US tax dollars to fund "Investments" of the green new deal, that is the biggest scam of the century. Solyndra was a perfect example of Marxism/Cronyism, and soon Solyndra went bankrupt but the CEO made millions. That was the redistribution of wealth to the rich, but the Marxists were okay with it as long as the brown turd Obammy did it.
 
I've personally never whined about my stock prices going up.

Why are you sad when companies buy back stock?
Because every time teabaggers give out corporate tax cuts, they claim it will "trickle down" to the masses.
Hence: The Tax cuts and Jobs Act .
Trump continues the 43 year old teabagger lie.
Is it because you don't own any?
401k.
Doesn't compare to the corporate owners and their families.
 
Because every time teabaggers give out corporate tax cuts, they claim it will "trickle down" to the masses.
Hence: The Tax cuts and Jobs Act .
Trump continues the 43 year old teabagger lie.

401k.
Doesn't compare to the corporate owners and their families.

Because every time teabaggers give out corporate tax cuts,

Every time? When were the last two times corporate rates were cut?

Are you sad when the stock in your 401K goes up?
 
Because every time teabaggers give out corporate tax cuts,
Reagan........twice.
H.W. ............once.
G.W. ...........once.
Trump........once.
Every time? When were the last two times corporate rates were cut?
See above.
Are you sad when the stock in your 401K goes up?
Sure.................
Never, not even once, have teabaggers claimed in press releases this tax cut is for stocks.
They always, in one way or another attributed tax cuts to jobs for the masses.
 
Reagan........twice.
H.W. ............once.
G.W. ...........once.
Trump........once.

See above.

Sure.................
Never, not even once, have teabaggers claimed in press releases this tax cut is for stocks.
They always, in one way or another attributed tax cuts to jobs for the masses.

Reagan........twice.
H.W. ............once.
G.W. ...........once.
Trump........once.


Post the corporate rates before and after their cuts.

Sure.................

Well, you are an idiot.

Never, not even once, have teabaggers claimed in press releases this tax cut is for stocks.

You were whining about buybacks.
 
Reagan........twice.
H.W. ............once.
G.W. ...........once.
Trump........once.


Post the corporate rates before and after their cuts.
Doesn't matter Q-NUT they were for jobs, like ever single one was advertised by teabaggers.
Sure.................

Well, you are an idiot.
You're a lying Q-NUT , moron.
Never, not even once, have teabaggers claimed in press releases this tax cut is for stocks.

You were whining about buybacks.
Same thing, retard.
 
Doesn't matter Q-NUT they were for jobs, like ever single one was advertised by teabaggers.

You're a lying Q-NUT , moron.

Same thing, retard.

You can't show the corporate tax cuts you claimed happened?

That's fucking hilarious!!!

No, moron, stock buybacks aren't the same as tax cuts. DURR
 
Reagan is happy from the grave,Trump took his crown as the worst president in US history.
Tax cuts did nothing but add debt and make rich people richer.

December 24 2017
President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, "You all just got a lot richer," referencing the sweeping tax overhaul he signed into law hours earlier.

The president has spent many weekends of his presidency so far at the "Winter White House," where initiation fees cost $200,000, annual dues cost $14,000, and some of the most affluent members of society have the opportunity to interact with the president in a setting while many Americans cannot.

April 4 2019
U.S. corporations spent a record amount buying back their own shares last year, using 2017ā€™s tax-cut windfall to reward shareholders rather than to invest or expand their businesses.

Companies in the S&P 500 spent $806 billion on stock buybacks in 2018, blowing away the previous record of nearly $590 billion set in 2007.

Who was president in 2007?
Another tax cut republican.
Yep, that is all the tax cuts did, the same can be said about lots of government interference, it all makes the rich, richer because the government works for the rich.
 

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