Forbes: GOP tax Cut Start of Decades-Long Economic Disaster unlike any other Historically

[CrusaderFrank]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

$2 Trillion in a decade? Fuuuuuuuuuuuuuuuuck Obama increased it by $10 Trillion in 8 years

 

[Cellblock2429]

BREAKING: Tax bill will repeal the individual mandate: - 13 million more uninsured - $1,990 premium tax - Insurer exodus from markets ALL TO PAY FOR TAX CUTS FOR CORPORATIONS AND MILLIONAIRES

/——/ Oh boo hoo hoo Next time run a viable candidate. Elections have consequences

 

[Lakhota]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The Trump morons won't realized just how bad it is until it passes and bites them in the wallet. By then - it will be too late. They are blinded by politics and hatred of Democrats. I wish they would take the time to research how Democrats have done so much more for the poor and middle class than Republicans.

 

[SassyIrishLass]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The Trump morons won't realized just how bad it is until it passes and bites them in the wallet. By then - it will be too late. They are blinded by politics and hatred of Democrats. I wish they would take the time to research how Democrats have done so much more for the poor and middle class than Republicans.

Yeah ObunglesCare was a rousing success for the middle class....moron

 

[Lakhota]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

$2 Trillion in a decade? Fuuuuuuuuuuuuuuuuck Obama increased it by $10 Trillion in 8 years

Please give us some "credible" facts to support your claim.

How much new debt did Obama create that wasn't a direct/indirect result of Bush actions/policies?

 

[Eaglewings]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The Trump morons won't realized just how bad it is until it passes and bites them in the wallet. By then - it will be too late. They are blinded by politics and hatred of Democrats. I wish they would take the time to research how Democrats have done so much more for the poor and middle class than Republicans.

Yeah ObunglesCare was a rousing success for the middle class....moron

Wait to see where those people go when they are sick and don't have the insurance ... To the Emergency Rooms ~$500.00 for a bandage because they charge you 75% more for not having insurance.. , and most would have a hard time paying it back..

Sooooo
Sassy will have to foot the bill next time you need a procedure , or visit your doctor..and even your taxes . The money has to come from somewhere.

Annnnd what would your solution be to that? Trumpcare..?


.

 

[SassyIrishLass]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The Trump morons won't realized just how bad it is until it passes and bites them in the wallet. By then - it will be too late. They are blinded by politics and hatred of Democrats. I wish they would take the time to research how Democrats have done so much more for the poor and middle class than Republicans.

Yeah ObunglesCare was a rousing success for the middle class....moron

Wait to see where those people go when they are sick and don't have the insurance ... To the Emergency Rooms ~$500.00 for a bandage because they charge you 75% more for not having insurance.. , and most would have a hard time paying it back..

Sooooo
Sassy will have to foot the bill next time you need a procedure , or visit your doctor..and even your taxes . The money has to come from somewhere.

Annnnd what would your solution be to that? Trumpcare..?


.

Save your usual BS....it hit the middle class hard

All you ever do is spout left loon crap. Annoying

 

[Fort Fun Indiana]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

What a load of crap.

First the CBO will not do dynamic scoring and we all know economic growth will result in higher revenues.

Second we have added 10 Trillion to the debt in the last 8 years and we can't even get the inflation the Federal Reserve has been screaming for so another Trillion will have little or no affect.

Third the forced inflation policies coming from the left is exactly the same thing whether you increase minimum wages or just tax people less. Hell, they don't even pay income taxes at minimum wage level but everywhere you look Democrats are screwing the lower class with higher regressive taxes.

You're getting hood winked by a bunch of Socialists who think the pie will never grow while supporting forced inflation.

Use your brain to think instead of your jerking knee.

"we all know economic growth will result in higher revenues."

Uh, no we don't, professor. For one, the revenue increases have to be normalized against inflation. So, revenue can increase, but normalized revenue can decrease at the same time.

Second, it has been proven repeatedly that tax cuts for the better off and for corporations do not result automatically in a better economy. In fact, we can point to the instances where wages stagnated, decreasing normalized revenue from the tax base, after such cuts.

 

[EvilCat Breath]

Democrats are praying for failure. It's not going to happen.

Trump's plans could double US GDP growth by 2018, Deutsche Bank says

Trump era ushers in new market strategy: Mark Grant 6:59 AM ET Mon, 9 Jan 2017 | 02:46
President-elect Donald Trump's policies have the potential to trigger a new age in U.S. economic growth that could serve as a global template, according to a Deutsche Bank forecast.

Gross domestic product growth would be double its current level under an agenda that cuts regulations across a broad swath of critical sectors, enacts tax reform that slashes personal and corporate taxes, and calls for at least $1 trillion in improvements for bridges, roads and other public projects.

 

[Fort Fun Indiana]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

$2 Trillion in a decade? Fuuuuuuuuuuuuuuuuck Obama increased it by $10 Trillion in 8 years

No he didn't. You can instantly tell someone is a fool when they say this.

 

[Eaglewings]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The Trump morons won't realized just how bad it is until it passes and bites them in the wallet. By then - it will be too late. They are blinded by politics and hatred of Democrats. I wish they would take the time to research how Democrats have done so much more for the poor and middle class than Republicans.

Yeah ObunglesCare was a rousing success for the middle class....moron

Wait to see where those people go when they are sick and don't have the insurance ... To the Emergency Rooms ~$500.00 for a bandage because they charge you 75% more for not having insurance.. , and most would have a hard time paying it back..

Sooooo
Sassy will have to foot the bill next time you need a procedure , or visit your doctor..and even your taxes . The money has to come from somewhere.

Annnnd what would your solution be to that? Trumpcare..?


.

Save your usual BS....it hit the middle class hard

All you ever do is spout left loon crap. Annoying

SEEEEE you do not have a solution so you personally attack..

Why don't you research what you will be paying for Sassy..


ER visits are legally bound to see you , regarding your insurance profile are about four times as expensive and take much longer than care in other outpatient centers.

https://health.usnews.com/health-ne...2-14/why-do-we-continue-using-the-er-for-care

 

[SassyIrishLass]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The Trump morons won't realized just how bad it is until it passes and bites them in the wallet. By then - it will be too late. They are blinded by politics and hatred of Democrats. I wish they would take the time to research how Democrats have done so much more for the poor and middle class than Republicans.

Yeah ObunglesCare was a rousing success for the middle class....moron

Wait to see where those people go when they are sick and don't have the insurance ... To the Emergency Rooms ~$500.00 for a bandage because they charge you 75% more for not having insurance.. , and most would have a hard time paying it back..

Sooooo
Sassy will have to foot the bill next time you need a procedure , or visit your doctor..and even your taxes . The money has to come from somewhere.

Annnnd what would your solution be to that? Trumpcare..?


.

Save your usual BS....it hit the middle class hard

All you ever do is spout left loon crap. Annoying

SEEEEE you do not have a solution so you personally attack..

Why don't you research what you will be paying for Sassy..


ER visits are legally bound to see you , regarding your insurance profile are about four times as expensive and take much longer than care in other outpatient centers.

https://health.usnews.com/health-ne...2-14/why-do-we-continue-using-the-er-for-care

Any fool knows that, fool. Go away, amateur You're a bore

 

[Natural Citizen]

I wouldn't call it the start of an economic meltdown. More liek an extention of it. It's been happening for a long time because they've been able to lie about inflation. And now they're adopting consumer index pricing into it s othey can lie about it more.

In other words, if people can't afford steak, they're still buying hamburger so everything must be okay. lolol.

In the end, the failed monetry policy is the problem. And it's a bipartisan affair.

 

[Eaglewings]

Any fool knows that, fool. Go away, amateur You're a bore

You are in my thread ....

Go ahead and ignore it .. Nothing is being done about the corruption in Big Pharma, the FDA, and the congress that you are listening to who are paid off by these corruptions..


Orrin G Hatch Senator (UT) First Election: 1976 TOP INDUSTRIES 1989 - 2018 Pharmaceuticals/Health Products $2,772,040 Securities & Investment $2,432,469

TOP CONTRIBUTORS 1989 - 2018 Votesane PAC $551,000 Blue Cross/Blue Shield $144,250


.

 

[NYcarbineer]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

The first point made is the best one:

There's no economic justification whatsoever for a tax cut at this time. U.S. GDP is growing, unemployment is close to 4 percent (below what is commonly considered "full employment"), corporate profits are at record levels and stock markets are soaring. It makes no sense to add any federal government-induced stimulus to all this private sector-caused economic activity, let alone a tax cut as big as this one.

 

[theHawk]

So what do the GOP tax supporter have to argue against this Forbes Report ...?

This is actually the ideal time for Washington to be doing the opposite. But by damning the economic torpedoes and moving full-speed ahead, House and Senate Republicans and the Trump White House are setting up the U.S. for the modern-day analog of the inflation-producing guns-and-butter economic policy of the Vietnam era. The GOP tax bill will increase the federal deficit by $2 trillion or more over the next decade (the official estimates of $1.5 trillion hide the real amount with a witches brew of gimmicks and outright lies) that, unless all the rules have changed, is virtually certain to result in inflation and much higher interest rates than would otherwise occur.

GOP Tax Bill Is The End Of All Economic Sanity In Washington

You only object to the Obama tax cuts because you are a racist.

 

[theHawk]

Come on. We heard the same thing about the Bush Tax cuts and look at what happened in 2008.

Huh?

What?

It did?

Oops!

OK,

Never mind.

And look what happened in 2009 and 2010...Obama kept the same exact tax cuts.

Guess Bush was right.

 

[JakeStarkey]

As many as seven and as few as four of the GOP senators will not support the tax bill.

They are Mensa.