On The Economy, Is Trump "Right"?

[sealybobo]

If the Republicans are right, what happened to all the jobs we were promised after the Bush tax cuts? Why hasn't Trump done anything about that during all his years as a "job creator"? Do we really need to sacrifice all we have in the way of clean air, water, food, safety and drugs to the gods of deregulation?

Why are you ignoring these:

Most of those problem are caused by the "job creators" not doing what was promised. What was the point of the tax cuts and why are you ignoring THAT point?

Job creators can't create jobs when the executive branch is strangling them with hundreds upon hundreds of new regulations a month.

Barry is intent on killing the American economy, as George Soros has commanded him to do...

You guys never give up. You deregulated the housing market and banks and look where it got us. Boy are you dumb.

 

[sealybobo]

We need a bigger more successful middle class, so we need a middle class first president. Trumps a trickle down thinker.

We need a capitalist, not a socialist, so that eliminates any democrat.

I've already explained we are all capitalists, some more than others. Was bush a Ron Paul socialist?

You guys use that word too much its lost all its power and meaning

Wrong... your "we need to spread the wealth around" messiah is a socialist, as is one of your president wannabe's, Bernie.

When the rich went from having 75% of the money to 90% and its headed towards 99%, at what point do you admit your way isn't working and indeed we need to spread that money around.

Like a tax on the rich to make college or healthcare affordable.

Who's way?

Who's PRESIDENT RIGHT NOW? Who's BEEN president for almost the LAST SEVEN YEARS?!

You've got to be joking...

And we've had 72 months of job growth under Obama. He got us out of the bush recession.

 

[sealybobo]

We need a bigger more successful middle class, so we need a middle class first president. Trumps a trickle down thinker.

We need a capitalist, not a socialist, so that eliminates any democrat.

I've already explained we are all capitalists, some more than others. Was bush a Ron Paul socialist?

You guys use that word too much its lost all its power and meaning

Wrong... your "we need to spread the wealth around" messiah is a socialist, as is one of your president wannabe's, Bernie.

When the rich went from having 75% of the money to 90% and its headed towards 99%, at what point do you admit your way isn't working and indeed we need to spread that money around.

Like a tax on the rich to make college or healthcare affordable.

Who's way?

Who's PRESIDENT RIGHT NOW? Who's BEEN president for almost the LAST SEVEN YEARS?!

You've got to be joking...

I should do like you did and instead of bash Obama I should blame boehner and McConnell.

 

[PoliticalChic]

So....where does Donald Trump fit in the range between Obama and Reagan?


7." Is Donald Trump a supply-sider? In his still young presidential campaign, he has said several times that he wants to be the “jobs president.” In his announcement speech, he put it this way: “I will be the greatest jobs president that God ever created.”



In a Wall Street Journal op-ed back in May 1999, Mr. Trump praised President Reagan’s tax-rate cuts.

...Trump also attacked [Senator Bill] Bradley for putting a lid on IRA savings accounts, [Tax Reform Act of 1986, Democrats,Richard Gephardtof Missouri in the House of Representatives and Bill Bradley of New Jersey in the Senate] which caused a big drop in personal retirement saving.

...he was strongly in favor of extending the George W. Bush tax cuts. But the Trump tax tale gets a lotmore interesting in 2011, when he came out with “Time to Get Tough.” From what I can piece together, his tax talk in the book is pure supply-side.

For instance, he proposed four income-tax brackets: 1% for incomes up to $30,000, 5% for incomes of $30,000 to $100,000, 10% for incomes of $100,000 to $1 million, and 15% for incomes of $1 million or more. A bit messy, but right direction. He also wanted to kill the death tax, lower the taxes on capital gains and dividends, and eliminate corporate taxes.



In the book he quotes Reagan, who said, “The more government takes in taxes, the less incentives people have to work.”

“As with most things, President Reagan had it right. But Reagan was merely echoing the economic thoughts of President John F. Kennedy, who had already said, in 1962, and I quote, “The paradoxical truth is that the tax rates are too high today and tax revenues are too low, and the soundest way to raise revenues in the long run is to cut rates now.”

Nailed it.

Mr. Trump went on to write;

“Reagan and Kennedy’s views prove that smart tax policy shouldn’t be a partisan issue. It should be common sense. If you tax something you get less of it. It’s as simple as that.”

This is right out of the Art Laffer playbook.

Now, I have no idea, here in 2015, if Donald Trump still believes this. But if he does it is a very good thing. It’s solidly pro-growth...."
Is Trump a Supply-Sider Yes But He s Mixed Up In the Tax Policy Debate - The New York Sun


Let's see if Trump continues to say the right things.

Reagan gave us the triple digit deficit. His tax policy was and is a disaster.

So THAT'S why you're called the NYLiar!

 

[PoliticalChic]

We need a capitalist, not a socialist, so that eliminates any democrat.

I've already explained we are all capitalists, some more than others. Was bush a Ron Paul socialist?

You guys use that word too much its lost all its power and meaning

Wrong... your "we need to spread the wealth around" messiah is a socialist, as is one of your president wannabe's, Bernie.

When the rich went from having 75% of the money to 90% and its headed towards 99%, at what point do you admit your way isn't working and indeed we need to spread that money around.

Like a tax on the rich to make college or healthcare affordable.

Who's way?

Who's PRESIDENT RIGHT NOW? Who's BEEN president for almost the LAST SEVEN YEARS?!

You've got to be joking...

And we've had 72 months of job growth under Obama. He got us out of the bush recession.

The DNC is soooooo lucky to have dunces like you willing to accept the propaganda that you should be getting a solid gold nose ring from 'em.

"...in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery."
Big Business Swings Behind a Mantra of Growth - The New York Sun

 

[PoliticalChic]

Bulletin: Obama most inept president in modern history.
The only folks more inept are his voters.


"Surprise: U.S. Economic Data Have Been the World's Most Disappointing
It's not only the just-released University of Michigan consumer confidence report and February retail sales on Thursday that surprised economists and investors with another dose of underwhelming news. Overall, U.S. economic data have been falling short of prognosticators' expectations by the most in six years." Surprise U.S. Economic Data Have Been the World s Most Disappointing - Bloomberg Business

 

[sealybobo]

I've already explained we are all capitalists, some more than others. Was bush a Ron Paul socialist?

You guys use that word too much its lost all its power and meaning

Wrong... your "we need to spread the wealth around" messiah is a socialist, as is one of your president wannabe's, Bernie.

When the rich went from having 75% of the money to 90% and its headed towards 99%, at what point do you admit your way isn't working and indeed we need to spread that money around.

Like a tax on the rich to make college or healthcare affordable.

Who's way?

Who's PRESIDENT RIGHT NOW? Who's BEEN president for almost the LAST SEVEN YEARS?!

You've got to be joking...

And we've had 72 months of job growth under Obama. He got us out of the bush recession.

The DNC is soooooo lucky to have dunces like you willing to accept the propaganda that you should be getting a solid gold nose ring from 'em.

"...in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery."
Big Business Swings Behind a Mantra of Growth - The New York Sun

Obama's slow steady safe growth compared to a 8 year God damn recession bush had us in losing 700,000 jobs a month.

If bush didn't send everyone $300-$1000 2 times each time we would have been in a recession and finally we hit the great recession of 2007.

But you cry Obama's not fixing a mess you denied was happening for 8 years until Obama got in then you blame him.

You're not smart enough to talk politics

 

[PoliticalChic]

Wrong... your "we need to spread the wealth around" messiah is a socialist, as is one of your president wannabe's, Bernie.

When the rich went from having 75% of the money to 90% and its headed towards 99%, at what point do you admit your way isn't working and indeed we need to spread that money around.

Like a tax on the rich to make college or healthcare affordable.

Who's way?

Who's PRESIDENT RIGHT NOW? Who's BEEN president for almost the LAST SEVEN YEARS?!

You've got to be joking...

And we've had 72 months of job growth under Obama. He got us out of the bush recession.

The DNC is soooooo lucky to have dunces like you willing to accept the propaganda that you should be getting a solid gold nose ring from 'em.

"...in today’s recovery — the slowest in the modern era going back to 1947 — private capital investment has lagged badly. ... so has the jobs situation, with 92 million dropping out of the workforce altogether. A labor-participation rate of 62.8% and an employment-to-population rate of 58% are historic lows indicative of the anemic jobs recovery."
Big Business Swings Behind a Mantra of Growth - The New York Sun

Obama's slow steady safe growth compared to a 8 year God damn recession bush had us in losing 700,000 jobs a month.

If bush didn't send everyone $300-$1000 2 times each time we would have been in a recession and finally we hit the great recession of 2007.

But you cry Obama's not fixing a mess you denied was happening for 8 years until Obama got in then you blame him.

You're not smart enough to talk politics

But I did....and ripped you pretty good, huh?