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Old December 3rd, 2017, 08:41 PM   #31
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Tax cuts grow the economy, works every time
Tax cuts for the public consumer make sure the economy works, if there is not more demand for a product what use is it giving companies tax breaks...I never hear anyone taking into consideration the low oil prices we have been experiencing over the last couple of years has been buoying consumer spending.
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Old December 3rd, 2017, 08:53 PM   #32
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Tax cuts grow the economy, works every time
Name one time where it didn't cause the deficit and debt to balloon.

It's easy to grow the economy short term and screw your kids.
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Old December 3rd, 2017, 08:55 PM   #33
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Name one time where it didn't cause the deficit and debt to balloon.

It's easy to grow the economy short term and screw your kids.
1990s

1920s
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Old December 3rd, 2017, 09:30 PM   #34
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Of course it sucks. They aren't going to do any favors for the "common man". Remember Bush's 300 dollar "rebate" checks? What a damn joke. We are in trouble, China, Russia and Iran are about to walk away from the petro-dollar system. What happens to the US when all of those dollars come flowing back into the US?
SWIFT is here and both china and russia have been buying up as much gold and land they can get their hands on.

QE did not help at all.

It is a house of cards
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Old December 4th, 2017, 03:28 AM   #35
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1990s

1920s
And in both of those cases it turns out the economic boost was a “bubble” that ended up bursting and causing more damage with the following economic downturn.
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Old December 4th, 2017, 04:36 AM   #36
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"the economic boost was a “bubble” that ended up bursting and causing more damage with the following economic downturn." N3 #35
post hoc ergo propter hoc? [After that, therefore because of that]

Just because a bust follows a boom, doesn't necessarily mean the boom caused the bust.

After the recovery stimulus restores livelihood to the economy, it's then up to congress & the fed to guide the economy between the two perils of economics: recession & inflation.
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Old December 4th, 2017, 08:03 AM   #37
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post hoc ergo propter hoc? [After that, therefore because of that]

Just because a bust follows a boom, doesn't necessarily mean the boom caused the bust.

After the recovery stimulus restores livelihood to the economy, it's then up to congress & the fed to guide the economy between the two perils of economics: recession & inflation.
Just because a bust follows a boom, doesn't necessarily mean the boom didn't cause the bust.

In the two cases given, arguably the boom did cause the bust. And somehow the rightists believe, as webguy posted, that the tax bill's worst case scenario would result in $1 trillion in increased deficits over ten years.

That's laughable. The worst case scenario has no bottom.
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Old December 4th, 2017, 08:51 AM   #38
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Just because a bust follows a boom, doesn't necessarily mean the boom didn't cause the bust.

In the two cases given, arguably the boom did cause the bust. And somehow the rightists believe, as webguy posted, that the tax bill's worst case scenario would result in $1 trillion in increased deficits over ten years.

That's laughable. The worst case scenario has no bottom.
Most reports I've read on this say the $1 T is a best case scenario.
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Old December 4th, 2017, 08:58 AM   #39
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...1.6+0.4=1.6....
Some new math TN?
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Old December 4th, 2017, 09:06 AM   #40
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Most reports I've read on this say the $1 T is a best case scenario.
Damn that Common Core!!! It's a commie plot!!
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