Musk "If we don't fix the deficit, America goes bankrupt. It's that simple."

[d0gbreath]

Sounds like preempting an excuse.

 

[22lcidw]

Those fuckers just approved 4 trillion in new debt and kicked the debt ceiling in the balls, and you fuckers are cheering the orange shit along.

Fuck off, you're econ idiots. and too fucking lazy to read.

You guys are going ballistic on the cuts that DOGE is making. And yet are complaining of an increase in debt.

 

[candycorn]

After every major tax cut revenue went up, Moroner. So tell the class how MORE REVENUE would add to a deficit.

Never happened. TRump ran up $8T in new debt. He was on a pace to do $6T before he botched the covid response.

 

[imawhosure]

So that’s a no.

Gotcha.

phony

 

[Mac-7]

Never happened. TRump ran up $8T in new debt. He was on a pace to do $6T before he botched the covid response.

The Treasury takes in more money

But never as much as the government spends

 

[imawhosure]

We already have jobs.

We’ve had more job openings than people looking for jobs for the better part of 10 years.

Number of unemployed persons per job opening, seasonally adjusted

www.bls.gov

Unless you plan on increasing the population dramatically, there won’t be people to fill all the jobs “created”.

Not that tax cuts do all that much to create jobs anyway.

We have to do both. We have to make government more efficient, and we have to raise taxes.

And we sure as hell aren't the only country in this mess.

But NO ONE in politics in ANY country has the political balls to do it.

Do you think Trump will show a deficit after this term or will he have paid down the debt?

How can they? Every dollar reduced Progs sell their voters and the peasants with halt the population will die.

They do. Look up Cloward-Piven strategy.

Do NOT let the Leftists spin you, either they are dumb, lying, or GASLIGHTING as usual! (Isn't that correct FLOOZY!)

QUESTION FOR ANYONE WHO WENT TO HIGHSCHOOL---------->what is more, 20% of 100, or 12% of 300? (All the LEFTISTS including the charming, delightful, and supposed financial planner.....MACAFLOOZY.....furiously are using their calculators on their phones to acquire the answer!)

Point is------->if you GROW the economy, the tax base rises. It is a mathematical fact! At some point, you can cut taxes and get more money! If taxing was the way to grow the economy, then why not tax at 100%? (of course, the same could be said of taxing at 0%. By studies, the sweet spot is in between 15 and 25% Lower, you lose money, higher, the base shrinks) Understand------->these standards are not for the poor, or middle class, they are for EVERYONE. It is human behavior, plain and simple.

Listen to how DUMB the LEFT actually is------------->they want to convince YOU, that a person making 25,000 dollars, should NOt only NOT pay 1 dollar in taxes, but you should allow the government to give some of your tax dollars to them!

And you who make 50,000 to 100,000 and slightly higher, why by goodness, YOU are the largest percentage of the population.......therefore, you get hosed because of the amount of people in this part of the population, they have to hose you. YOU PAY THE FREIGHT!

Now lets talk about wealthy people, and I mean, the people the Left want you to hate------->

1. I think they are mostly arrogant a**holes, so lets get that out of the way, and they are NOT our friends for the most part.

2. If you are NOT employed by the government, and you do NOT work for yourself, who do you work for.........and I do not mean your boss, I mean the owner(s) of the company.

3. If you had a business, and you were worth (liquid assets) 4 million dollars, and you were confident that by investing 3 million of that cash, after inflation, you would get your money back in 5 years, and after that reap 700,000 dollars a year, (adjusted for inflation) going forward, would YOU do it? (if you said no, you are as dumb as a box of rocks, but I digress) Of course, you would have to hire MORE people, maybe 20, but their salary is already figured in.

4. And from the above example, what do we have? We have a new business giving a return on money you had laying around. YOU after you recoup your initial investment, are making an extra 700,000 dollars per year, that the government taxes. You have hired 20 employees for whatever you pay them, and they are paying Federal Tax, State Tax, Medicare Tax, and Social Security tax. You are buying more equipment to do it, regardless of if it is a forklift, or computers, which makes MORE profits for another company.

5. AND, you are selling your expanded product base to other companies. Why? Because they are confident also, so they too are expanding!

CONCLUSION----------->This is exactly how America was built, and grew because of it. When the settlers landed here, how many jobs do you think there were, lol. So then, ask yourself------>how did they get from that number, to the number we have now!

BY EXPANSION!

LISTEN-------->You have the most oil of ANY country in the world. You have the most coal, of any country in the world. You have the most prime farmland, of any country in the world. You have the most natural gas of any country on this planet. So why have we been so screwed when the WHOLE WORLD NEEDS THIS STUFF? Imagine another country looking here, and wondering WTF are we doing! We have EVERYTHING, except we had Leftists running it, and now we rectified it.............thank goodness!

ASK Joe Biden and the Leftists who ran the government for him, and they want to GASLIGHT you into continuing laying prone for other countries to run over you, so they can have their LEFTIST ways invoked! If any other country had what we had, they would be making TRILLIONS! And now you know why you are always told you are EVIL Americans. Because if you do not lay down, most of the world has no chance, and the Leftists of the world, just can NOT have that!

 

[DonGlock26]

Jesus. I bet it took two hay paddocks to construct that straw man.

kudos

Let the working class keep their earnings. The federal government needs to be cut down to size.

 

[ding]

Tariffs can work when a country has no competition that prevents them from working. China has made short work of Trump's tariffs plan in less than a week.

WTF was he thinking?

Victim countries are finding new trading partners and a lot of them aren't going back.

And so once again, there is no substitute for social change!

The Maga failure will be as much a failure as the Biden failure to rescue the working class.

He's thinking we are the 800lb gorilla in the room and it's time to act like it. Your predictions of gloom and doom are an attempt to subvert Trump's negotiation tactics. Unfortunately for you, that won't work. The market supports Trump's negotiation tactics.

 

[ding]

The answer to fixing the deficit is as simple as acknowledging that 3 billionaires hold the equivalent wealth as half the US population.

It hasn't been one being born every minute since the Reagan years, it's more like a thousand new suckers being born every day!

Why all of a sudden the gameplan of the American wealthy ruling class has stopped working. America can't turn to foreign policy of military aggression anymore. Other greater superpowers have declared that America's party is over.

It's too late for America to make tariffs work in place of what can only be fixed by social change. (socialism)

The answer to fixing the deficit is to spend less than what's coming in, dummy.

Tariffs really do scare the shit out of you, don't they? Why do you suppose the market hasn't tanked? Because it's looking really good.

 

[Mac-7]

He's thinking we are the 800lb gorilla in the room and it's time to act like it. Your predictions of gloom and doom are an attempt to subvert Trump's negotiation tactics. Unfortunately for you, that won't work. The market supports Trump's negotiation tactics.

China talks big but has to change its underwear 3 times a day

It wont be easy to replace chinese production

But we have to do it

 

[ding]

It's just the next attempt at the Supply Side economics scheme that was invented by Laffer, Wanniski, Reagan and company, to fk over the working class again!

Reduce taxes on the wealthy to increase tax revenue! Right?

Works every time!

Would you like for the government to regulate wages, profits and prices? Do you think that is a good idea?

 

[ding]

Only if the very wealthy inherits the money that was spent on social programs that are being eliminated.

If the money saved off of the backs of the working class was returned to the country's revenue then the deficit could be reduced.

But of course that just deprives and enrages the working class more and can never work. And of course the economy won't see any of the money saved by the elimination of the social net. The very wealthy will pocket it!

Do you understand that?

No. I don't understand that. Karl Marx was an idiot.

 

[ding]

Yes, of course you're right! And as the Maga scam fails, a new scam will be invented and the working class will anxiously buy into the next goatfk that makes them even poorer.

Social change is not in their heads. They've more likely to go for something even worse than Maga.

Can there be anything worse than full on fascism?

Especially now that America can't have anymore wars that will be profitable.

Government statistics show that some rich people get poorer and some poor people get richer. But for the rich people that get richer and the poor people that get poorer there's a very simple explanation... they keep doing the same things.

Nothing motivates poor people more than poverty. Who are you to remove their motivation?

 

[Mac-7]

Would you like for the government to regulate wages, profits and prices? Do you think that is a good idea?

Donald wont admit that but its pretty obvious thats how he thinks

 

[ding]

Donald wont admit that but its pretty obvious thats how he thinks

He wouldn't dare say it out loud but it gives him wood everytime he thinks about it.

 

[Admiral Rockwell Tory]

An analysis of the tax cuts by Harvard’s Gabriel Chodorow-Reich, Princeton’s Owen Zidar, and Chicago Booth’s Eric Zwick finds that the TCJA has boosted investment, as well as wages and economic activity—but not nearly enough to make up for substantial losses in corporate tax revenues that have increased the deficit.

So it increased the deficit.

You are simply confused. Deficit and debt are too different animals. The faster you learn the difference, the faster you will stop being stupid. Corporations do not pay taxes. That fact escapes you. They pass along taxes to the consumers of their goods and services through increased costs. That is a major contributor to inflation.

 

[Admiral Rockwell Tory]

Trump tax cuts, if made permanent, stand to benefit highest income earners, Treasury analysis shows

At the very top of Republicans’ 100-day agenda with President-elect Donald Trump in the White House is the plan to renew some $4 trillion in expiring tax cuts. The U.S.

apnews.com

Too stupid! They will not be getting any further reduction in taxes if they are not increased, so they gain nothing, dipshit!

 

[Marener]

You are simply confused. Deficit and debt are too different animals. The faster you learn the difference, the faster you will stop being stupid. Corporations do not pay taxes. That fact escapes you. They pass along taxes to the consumers of their goods and services through increased costs. That is a major contributor to inflation.

Oh my. Did you actually get done typing this and think to yourself “that sounds intelligent”?

 

[Zincwarrior]

Let the working class keep their earnings. The federal government needs to be cut down to size.

Cool restore the tax rates on the wealthy we had in 1994.

 

[Admiral Rockwell Tory]

Revenue would have gone up more without the tax cut.

Another gem of stupidity from you! Increase taxes and see what happens.

Many years ago, I lived in Rhode Island. The major industry is small shipyards that built luxury yachts. The Democrats slapped a luxury tax on the sale of boats, increasing the initial cost of the boats. Guess what happened? People just stopped buying boats, shipyards closed, laid off their workers and went belly up. The local economy just shriveled up and died. The tax raised exactly zero dollars in revenue because boats were no longer sold in the US. People just went to foreign sources for their boats. You can learn like the people of Rhode Island did.