The idea that Americans think putting republicans in power will improve the economy is just nonsense as always

[Nostra]

Nope wrong. Completely wrong. The tax law passed in 2019 definitely blew up the deficit.

Revenues increased, so the deficit increase is all on the spending side, Simp.

 

[Nostra]

Trump blew up the deficit on account of his tax cuts. LONG before covid.

Revenues increased, so the deficit increase is all on the spending side, Simp.

 

[Billy000]

Oh, bullshit! The economy was booming before Covid and tax revenues hadn't decreased at all because of Trump's tax decreases. Passing TRILLIONS in stimulus is what blew up the deficit!

Lol that is such nonsense. Who tells you this bullshit?

 

[Billy000]

Revenues increased, so the deficit increase is all on the spending side, Simp.

Why in gods name would revenues increase after those massive tax cuts?

 

[Billy000]

Revenues increased, so the deficit increase is all on the spending side, Simp.

The deficit was already on track to be 50% higher in 2019.

https://www.washingtonpost.com/business/2019/03/12/trump-vowed-eliminate-debt-years-hes-track-leave-it-least-percent-higher/

 

[Nostra]

Why in gods name would revenues increase after those massive tax cuts?

They did. Fact.

Deal with it, Simp.

 

[Nostra]

The deficit was already on track to be 50% higher in 2019.

https://www.washingtonpost.com/business/2019/03/12/trump-vowed-eliminate-debt-years-hes-track-leave-it-least-percent-higher/

Not because of lower revenues, Simp.

 

[Billy000]

They did. Fact.

Deal with it, Simp.

Lol your lack of knowledge of basic economics is astounding.

 

[Nostra]

Lol you’re such a moron.

Prove me wrong. Show me the year revenues went down after the Trump tax cuts.

GO!

 

[Billy000]

Not because of lower revenues, Simp.

Uh yeah. Tax cuts do not pay for themselves. Republicans tell you that 5th grade level myth because you’re all dumb enough to believe it.

 

[Billy000]

Prove me wrong. Show me the year revenues went down after the Trump tax cuts.

GO!

I’ve given you multiple sources in this thread. You haven’t provided any. You think my sources are wrong? Be an adult and provide your own.

 

[Nostra]

Lol your lack of knowledge of basic economics is astounding.

Read it and weep, Simp.

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

U.S. Federal Government Tax Revenue

The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.

www.thebalancemoney.com

 

[Nostra]

I’ve given you multiple sources in this thread. You haven’t provided any. You think my sources are wrong? Be an adult and provide your own.

U.S. Federal Government Tax Revenue

The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.

www.thebalancemoney.com

 

[The Duke]

Understandably, inflation is the top concern among voters right now. The problem is that it should not affect their midterm vote. Putting republicans in power is not going to do ANYTHING to curb inflation. Even if there was an economic policy that could drastically reduce current inflation, republicans sure as hell would not pass it. It’s not like they have a nuanced, informed strategy for the economy. All they ever do is cut taxes for corporations or top earners which has no real effect on the middle class or poor. All it really accomplishes is blowing up the deficit.

Do i even need to point out that blowing up the deficit does not help inflation?

We know that they will blow up the deficit because obviously Trump did.

American voters are always deluding themselves. They just seem to forget that republicans do jack shit. What they should be reminded of is that the economy, historically, performs better under democrats. I’m not going to pretend that democrats have done much of anything about the current inflation issue, but since every other economic metric has done well under democrats, we might as well keep them in power.

Democrat or Republican: Which Political Party Has Grown the Economy More?

Democrats and Republicans have different economic views and different ideas about what's best for growth. Which party has boosted the economy more?

www.thebalancemoney.com

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years

Yeah, but it has to be better than Democrats, who are now hostile to anything remotely American.

They probably shriek like banshees if they hear The Daniel Boone theme song.

 

[Billy000]

Read it and weep, Simp.

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

U.S. Federal Government Tax Revenue

The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.

www.thebalancemoney.com

Moron Trump added 7.8 trillion to the deficit. This started with the tax law.

From my source you’re too stupid to read:

“The combination of Trump’s 2017 tax cut and the lack of any serious spending restraint helped both the deficit and the debt soar. So when the once-in-a-lifetime viral disaster slammed our country and we threw more than $3 trillion into COVID-19-related stimulus, there was no longer any margin for error.”

 

[Nostra]

Moron Trump added 7.8 trillion to the deficit. This started with the tax law.

From my source you’re too stupid to read:

“The combination of Trump’s 2017 tax cut and the lack of any serious spending restraint helped both the deficit and the debt soar. So when the once-in-a-lifetime viral disaster slammed our country and we threw more than $3 trillion into COVID-19-related stimulus, there was no longer any margin for error.”

Revenues went up every year after the tax cuts, so any increase in the deficit is on the spending side. Period.

Math and facts prove you are a liar, a moron, or both. I vote both.

 

[Billy000]

All job growth in 2021 was only people going back to work. Veggie Joe still has fewer Americans employed than Trump did before the Fauci Flu, Dumbass.

That definitely doesn’t account for all of it lol. if republicans are so adept at economics and democrats are so incompetent, why wasn’t any of Trump’s years better? Of course either way, historically job growth is better under democrats.

 

[Billy000]

Revenues went up every year after the tax cuts, so any increase in the deficit is on the spending side. Period.

Math and facts prove you are a liar, a moron, or both. I vote both.

Lol dude you do not know what the fuck you’re talking all about. There was a clear cut huge drop in overall revenue from that huge law. Why in the hell would that not reduce revenue? You haven’t explained that.

 

[Nostra]

Lol dude you do not know what the fuck you’re talking all about. There was a clear cut huge drop in overall revenue from that huge law. Why in the hell would that not reduce revenue? You haven’t explained that.

There was a clear cut huge drop in overall revenue from that huge law.

Which year, Fuzzymathguy?

FY 2020	$3.71 trillion (estimated)
FY 2019	$3.46 trillion (actual)
FY 2018	$3.33 trillion
FY 2017	$3.32 trillion
FY 2016	$3.27 trillion

 

[SweetTea]

I had it backwards. I forgot it was the first two years. Of course that really doesn’t change my overall point. Sorry, Nostra, you just can’t win as hard as you want to try. May I suggest a participation trophy off Amazon?

In response to the Democrats in Congress shutting down the economy under Trump, you responded that the Republicans had control from 2018 on. They didn’t, thus you have no point. The Democrats did shut down the economy under Trump. Trump’s economy was rolling along just fine until COVID and the WRONG reaction re. the economy by Congress.