Why Are Republicans So Bad At The Economy?

[John Edgar Slow Horses]

It was and is.

 

[SassyIrishLass]

Why? Republicans push tax cuts—particularly tax cuts that favor wealthy people and large corporations. Reagan, George W. Bush, and Trump all embraced this economic approach. It doesn’t work to stimulate the overall economy.

In fact, the U.S. has been victim to an epidemic of economic downturns under Republican presidents in the last four-plus decades.

The GOP’s approach has been to hand out tax cuts to really rich people in the hopes that their savings will “trickle down” to the rest of the economy. But studies have clearly shown that trickle-down economics does not work.

But if Republicans admit this and concede that the Democratic approach of focusing on middle-class needs has worked (as the data shows), they would have to give up on doling out tax cuts and shrinking the government.

Why are Republicans so bad at the economy?

Two key pieces of economic data released in recent days are clear warning signs for the U.S. economy under President Donald Trump. First, the Bureau of Economic Analysis revealed on Wednesday that ...

www.dailykos.com

It finally looks like Republican voters are starting to get it, and by the looks of the townhall events, the great tax cut scams are in big trouble. Can't fool all of the people, all of the time.

After four years of "Bidenomics"? Are you serious?

 

[jc456]

Democcrats never tax the rich. They tax the middle class to death.

Dude, the fking demofks are so fking stupid they don't know letting the trump 2017 tax cuts go unsigned is a 4 trillion dollar hit. Here's James Carville making the statement to let them lapse. Honestly, they fking hate middle america. Why boast about it if you really hate us? 5:25 of this video. He says it right the fk out loud. so his own answer enriches the rich immediately!!!!

 

[Auld Phart]

Better than Biden raising taxes.

then wanting to use those taxes to pay off student debt for people stupid enough to get degrees in studies they would never make enough money at to pay back themselves.

 

[Conservative from Georgia]

Democcrats never tax the rich. They tax the middle class to death.

False. Democrats have historically supported and implemented policies to increase taxes on high-income earners and wealthier individuals, though the extent and effectiveness vary.


• Evidence:


• Clinton Administration (1993): The Omnibus Budget Reconciliation Act raised the top income tax rate from 31% to 39.6% for individuals earning over $250,000 (about $450,000 in 2025 dollars). It also introduced a 36% bracket for incomes above $140,000.


• Obama Administration (2013): The Affordable Care Act imposed a 3.8% Net Investment Income Tax on high earners (individuals with adjusted gross income over $200,000; couples over $250,000). The American Taxpayer Relief Act of 2012 also raised the top marginal income tax rate to 39.6% for individuals earning over $400,000 ($450,000 for couples).


• Biden Administration (2021–2025): Biden’s American Rescue Plan and Inflation Reduction Act did not directly raise individual income tax rates for the wealthy but introduced measures like a 15% corporate minimum tax and increased IRS enforcement targeting high-income tax evaders. Biden has consistently proposed raising the top income tax rate to 39.6% for incomes over $400,000 and a 25% minimum tax on billionaires, though these proposals have not passed Congress by 2025.


• State-Level Policies: Democratic-led states like California and New York have some of the highest state income tax rates on high earners, with California’s top rate at 13.3% for incomes over $1 million.

 

[jbrownson0831]

False. Democrats have historically supported and implemented policies to increase taxes on high-income earners and wealthier individuals, though the extent and effectiveness vary.


• Evidence:


• Clinton Administration (1993): The Omnibus Budget Reconciliation Act raised the top income tax rate from 31% to 39.6% for individuals earning over $250,000 (about $450,000 in 2025 dollars). It also introduced a 36% bracket for incomes above $140,000.


• Obama Administration (2013): The Affordable Care Act imposed a 3.8% Net Investment Income Tax on high earners (individuals with adjusted gross income over $200,000; couples over $250,000). The American Taxpayer Relief Act of 2012 also raised the top marginal income tax rate to 39.6% for individuals earning over $400,000 ($450,000 for couples).


• Biden Administration (2021–2025): Biden’s American Rescue Plan and Inflation Reduction Act did not directly raise individual income tax rates for the wealthy but introduced measures like a 15% corporate minimum tax and increased IRS enforcement targeting high-income tax evaders. Biden has consistently proposed raising the top income tax rate to 39.6% for incomes over $400,000 and a 25% minimum tax on billionaires, though these proposals have not passed Congress by 2025.


• State-Level Policies: Democratic-led states like California and New York have some of the highest state income tax rates on high earners, with California’s top rate at 13.3% for incomes over $1 million.

And yet, you pay nothing, right Libtard from Lithonia???

 

[SassyIrishLass]

And yet, you pay nothing, right Libtard from Lithonia???

That's the point, they're afraid they'll have to pony up

 

[Marener]

then wanting to use those taxes to pay off student debt for people stupid enough to get degrees in studies they would never make enough money at to pay back themselves.

Teachers. Nurses. Engineers.

 

[justoffal]

Why? Republicans push tax cuts—particularly tax cuts that favor wealthy people and large corporations. Reagan, George W. Bush, and Trump all embraced this economic approach. It doesn’t work to stimulate the overall economy.

In fact, the U.S. has been victim to an epidemic of economic downturns under Republican presidents in the last four-plus decades.

The GOP’s approach has been to hand out tax cuts to really rich people in the hopes that their savings will “trickle down” to the rest of the economy. But studies have clearly shown that trickle-down economics does not work.

But if Republicans admit this and concede that the Democratic approach of focusing on middle-class needs has worked (as the data shows), they would have to give up on doling out tax cuts and shrinking the government.

Why are Republicans so bad at the economy?

Two key pieces of economic data released in recent days are clear warning signs for the U.S. economy under President Donald Trump. First, the Bureau of Economic Analysis revealed on Wednesday that ...

www.dailykos.com

It finally looks like Republican voters are starting to get it, and by the looks of the townhall events, the great tax cut scams are in big trouble. Can't fool all of the people, all of the time.

Wrong question....

The real question is why, when we stop fudging the numbers and stop borrowing money we can't pay back.... does the economy suddenly focus into the horrible reality that it actually is?

Republicans are not bad at the economy they're bad at lying to people about the economy.

Democrats on the other hand have developed that particular skill to an art form.

 

[Toddsterpatriot]

That is an American middle of the road stat.

You are a far right MAGA Nazi who no one gives any cred.

China's GDP numbers are "an American middle of the road stat"?

Tell me more.

 

[Toddsterpatriot]

Name ONE time Q-NUT.

JFK (kind of), Reagan, GWB and Trump you stupid leftard.

 

[Calypso Jones]

False. Democrats have historically supported and implemented policies to increase taxes on high-income earners and wealthier individuals, though the extent and effectiveness vary.


• Evidence:


• Clinton Administration (1993): The Omnibus Budget Reconciliation Act raised the top income tax rate from 31% to 39.6% for individuals earning over $250,000 (about $450,000 in 2025 dollars). It also introduced a 36% bracket for incomes above $140,000.


• Obama Administration (2013): The Affordable Care Act imposed a 3.8% Net Investment Income Tax on high earners (individuals with adjusted gross income over $200,000; couples over $250,000). The American Taxpayer Relief Act of 2012 also raised the top marginal income tax rate to 39.6% for individuals earning over $400,000 ($450,000 for couples).


• Biden Administration (2021–2025): Biden’s American Rescue Plan and Inflation Reduction Act did not directly raise individual income tax rates for the wealthy but introduced measures like a 15% corporate minimum tax and increased IRS enforcement targeting high-income tax evaders. Biden has consistently proposed raising the top income tax rate to 39.6% for incomes over $400,000 and a 25% minimum tax on billionaires, though these proposals have not passed Congress by 2025.


• State-Level Policies: Democratic-led states like California and New York have some of the highest state income tax rates on high earners, with California’s top rate at 13.3% for incomes over $1 million.

and never themselves. or their billionaire donors.

 

[John Edgar Slow Horses]

and never themselves. or their billionaire donors.

So you say, without evidence.

 

[Winco]

Taxcuts are a good thing.

And Tariffs are a tax cut for the American consumer..........LOLLLLOOLLL

 

[Sayaras]

Why? Republicans push tax cuts—particularly tax cuts that favor wealthy people and large corporations. Reagan, George W. Bush, and Trump all embraced this economic approach. It doesn’t work to stimulate the overall economy.

In fact, the U.S. has been victim to an epidemic of economic downturns under Republican presidents in the last four-plus decades.

The GOP’s approach has been to hand out tax cuts to really rich people in the hopes that their savings will “trickle down” to the rest of the economy. But studies have clearly shown that trickle-down economics does not work.

But if Republicans admit this and concede that the Democratic approach of focusing on middle-class needs has worked (as the data shows), they would have to give up on doling out tax cuts and shrinking the government.

Why are Republicans so bad at the economy?

Two key pieces of economic data released in recent days are clear warning signs for the U.S. economy under President Donald Trump. First, the Bureau of Economic Analysis revealed on Wednesday that ...

www.dailykos.com

It finally looks like Republican voters are starting to get it, and by the looks of the townhall events, the great tax cut scams are in big trouble. Can't fool all of the people, all of the time.

The first Reagan term was not booming?

 

[John Edgar Slow Horses]

The first Reagan term was not booming?

Not all the time, no. Check out Houston, for example, for most of that time.

 

[mudwhistle]

And Tariffs are a tax cut for the American consumer..........LOLLLLOOLLL

Not at all.

 

[Missouri_Mike]

Why? Republicans push tax cuts—particularly tax cuts that favor wealthy people and large corporations. Reagan, George W. Bush, and Trump all embraced this economic approach. It doesn’t work to stimulate the overall economy.

In fact, the U.S. has been victim to an epidemic of economic downturns under Republican presidents in the last four-plus decades.

The GOP’s approach has been to hand out tax cuts to really rich people in the hopes that their savings will “trickle down” to the rest of the economy. But studies have clearly shown that trickle-down economics does not work.

But if Republicans admit this and concede that the Democratic approach of focusing on middle-class needs has worked (as the data shows), they would have to give up on doling out tax cuts and shrinking the government.

Why are Republicans so bad at the economy?

Two key pieces of economic data released in recent days are clear warning signs for the U.S. economy under President Donald Trump. First, the Bureau of Economic Analysis revealed on Wednesday that ...

www.dailykos.com

It finally looks like Republican voters are starting to get it, and by the looks of the townhall events, the great tax cut scams are in big trouble. Can't fool all of the people, all of the time.

Why is it after every democrat administration the economy has to be saved?

 

[BluesLegend]

After four years of "Bidenomics"? Are you serious?

Lying hypocrite Democrats have no shame whatsoever. I don't think they are capable of experiencing it. Hence the ridiculous double standards and blatant hypocrisy.

 

[Lesh]

It's plain to see that you don't know what you're talking about.

Taxcuts are a good thing.

You folks think you can get away with talking bad about taxcuts because you always say that only the rich benefit from them.

Total horse manure.

Taxcuts are good because it makes it cheaper to have a business in a country, state, or city were there are lower taxes. That means more jobs and more money in our pockets to spend. Both of which help the economy. But communists and socialists think they know better how to handle OUR money, so they take it from us. All that does is create fat & corrupt government bureaucrats, as well as lots of poverty.

Tax cuts cause higher debt

I thought debt was bad?