Why don’t republicans seem to understand the consequences of tax cuts?

[The5thHorseman]

Wouldn’t an administration spend more if there was more? Wasn’t there more under the Trump admin?

Go Figure: Federal Revenues Hit All-Time Highs Under Trump Tax Cuts

Critics of the Trump tax cuts said they would blow a hole in the deficit. Yet individual income taxes climbed 6% in the just-ended fiscal 2018.

www.investors.com

Do the math, then we can discuss the results.

 

[Dagosa]

Can you list one recession that immediately followed a tax cut.

Wow, you Are naive. The economy doesn’t turn in a dime. But EVERY gop president had at least one recession following during his time in office. Go ask Reagan, Bush one and Trump,

 

[Nostra]

1982, off the top of my head.

That recession began in July 1981 (under Carter’s last budget) and ended in November 1982 when the Reagan tax cuts started to take hold.

Are you ever not an uneducated Dumbass? Ever?

Recession of 1981–82

Explore the Federal Reserve's history

www.federalreservehistory.org

 

[Dagosa]

That recession began in July 1981 (under Carter’s last budget) and ended in November 1982 when the Reagan tax cuts started to take hold.

Are you ever not an uneducated Dumbass? Ever?

Recession of 1981–82

Explore the Federal Reserve's history

www.federalreservehistory.org

Ha ha
Reagan then had one of his own.
The Carter recession was the only one by a Dem in modern times. All the others were alleviated by the two dirtiest words for the gop…GOVERNMENT SPENDING and paying for it by those who could most afford it, mostly Republucan donors.

 

[struth]

Ha ha
Reagan then had one of his own.
The Carter recession was the only one by a Dem in modern times. All the others were alleviated by the two dirtiest words for the gop…GOVERNMENT SPENDING and paying for it by those who could most afford it, mostly Republucan donors.

accept for the recession during clinton admin and the one xiden has caused

 

[Nostra]

Ha ha
Reagan then had one of his own.
The Carter recession was the only one by a Dem in modern times. All the others were alleviated by the two dirtiest words for the gop…GOVERNMENT SPENDING and paying for it by those who could most afford it, mostly Republucan donors.

Slick Willy handed off a recession to W, Simp.

 

[Toddsterpatriot]

Bet your asteroid. Instead of putting a question mark on that, you need to check history. Massive gop congress controlled tax cuts Pre emptEd their recessions. They have a 10-1 advantage in recessions.

Sounds awful!

Now explain how.

 

[Cellblock2429]

I can. I have absolutely no reason to bother.

And I won't labor the irony of paraphrasing, F. "New Deal", D.R. on the limits of presidential fiscal authority.

You're a very special, precious, brand of moron.

/----/ When you lose an argument - start calling others names. It's how you roll.

 

[Toddsterpatriot]

Ha ha
Reagan then had one of his own.
The Carter recession was the only one by a Dem in modern times. All the others were alleviated by the two dirtiest words for the gop…GOVERNMENT SPENDING and paying for it by those who could most afford it, mostly Republucan donors.

Reagan then had one of his own.

Liar.

 

[Pellinore]

Reagan then had one of his own.

Liar.

You're correct; he didn't. The early 80s were the much-studied "double-dip" recession, the first being in 1980 (under Carter) and the second dip being in 1981-82 (under Reagan). There was another in 1990 under HW.

Someone above accused Clinton of handing a recession off to W, which also isn't quite accurate. W took office in January 2001, and the dot-com bubble recession happened later that year. W then had a second when the housing bubble burst in 2008, which he handed off to Obama.

Then there was Covid in 2020, of course.

 

[CrusaderFrank]

I don't think very many of them actually believe that.

It's a lie that they tell to get the support of the middle and lower classes, who they know damn well will end up bearing the brunt of the burdens that are supposedly being imposed only on “The Rich”.

View attachment 749760

They also believe that the government IS the US economy

 

[The5thHorseman]

That recession began in July 1981 (under Carter’s last budget) and ended in November 1982 when the Reagan tax cuts started to take hold.

Are you ever not an uneducated Dumbass? Ever?

Recession of 1981–82

Explore the Federal Reserve's history

www.federalreservehistory.org

Another retelling....

As I live and breathe....

Reagan's Forgotten Tax Record

 

[The5thHorseman]

That recession began in July 1981 (under Carter’s last budget) and ended in November 1982 when the Reagan tax cuts started to take hold.

Are you ever not an uneducated Dumbass? Ever?

Recession of 1981–82

Explore the Federal Reserve's history

www.federalreservehistory.org

Post the gdp growth numbers for q4 1980 and q1 1981.


Just the numbers..

 

[The5thHorseman]

/----/ When you lose an argument - start calling others names. It's how you roll.

No...The point is made.

You predictably refuse to acknowledge it.

 

[The5thHorseman]

accept for the recession during clinton admin and the one xiden has caused

There is no recession at this time.

 

[struth]

There is no recession at this time.

this past year we’ve been in one

 

[The5thHorseman]

this past year we’ve been in one

No, we haven't.

You're lying.

 

[struth]

No, we haven't.

You're lying.

yes we have three straight qtrs of negative gdp in 2022.

 

[Nostra]

Post the gdp growth numbers for q4 1980 and q1 1981.


Just the numbers..

If you want to see them, you go look them up Simp.

I don't take orders from uneducated, single digit IQ Dimtards.

 

[Cellblock2429]

No...The point is made.

You predictably refuse to acknowledge it.

/——/ The point is made, President Trump proposed tax cuts, but it was Congress that actually imposed those that cuts.