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Old November 3rd, 2017, 07:21 AM   #31
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Originally Posted by BubbaJones View Post
Inherited a worse recession than Obama ???? JEEEEZZUZ I haven't laughed that hard for days !!!!!

And if Keynsian programs are so god awful and such bad ideas ?? WHY is Trumps next move to LAUNCH A MASSIVE NEW INFRASTRUCTURE SPENDING PROGRAM ????




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They must have come out with a new flavor of Kool Aid down there.

He must have missed the part about his Vice President having to raise taxes to prevent a deep recession.

I won't even go into Reagan raising taxes himself, or his own economic advisors today saying the proposed tax plan is a disaster for the economy.
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Old November 3rd, 2017, 07:39 AM   #32
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https://www.dailykos.com/stories/201...atform-of-lies

We know we’re 16 years out from the first round of regressive Bush tax cuts, 14 years out from the second round of regressive Bush tax cuts, and 10 years out from those tax cuts failing to secure substantial near-term or long-term growth.

After that, the entire economy collapsed.

We’re five years out from the 2012 election, which Mitt Romney and Paul Ryan lost on a platform of stigmatizing people who don’t make enough money to pay federal income taxes.

We’re four years out from a substantial tax increase (thanks, Obama) that has accompanied a steady economic recovery.

We’re two years out from Kansas’ experiment with regressive tax cuts that bottomed out the state’s revenue base and left its finances in ruins.

We’re one year out from Trump winning the election despite lying constantly, and one month out from donors threatening to cut Republicans off if they don’t make haste with tax cuts.

There is literally nothing in the recent historical record to undergird the claim that supply-side tax policy is a magical economic elixir. And there’s nothing to suggest Republicans are deluded about this either—after all, even in this golden age of Trumpian deception, Republicans don’t go around gaslighting reporters about the economic miracle in Kansas, or the George W. Bush boom.

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Old November 4th, 2017, 07:12 AM   #33
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Last edited by guy39; November 12th, 2017 at 05:24 PM.
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Old November 4th, 2017, 09:06 AM   #34
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Originally Posted by imaginethat View Post
US oil production is near all-time levels.



It's amazing, not sustainable for long but still amazing.

Safe to say, no scientists maintain oil comes from dinosaurs, but coal definitely comes from plants, huge veins sometimes, all over the world. Oil is harder to pin down. Microscopic life seems most likely.

Driving the cost of oil upwards opened huge tracts to fracking and horizontal drilling. It's such irony. The resulting oil boom has kept prices reasonable.

Like goober said, peak oil hasn't been sidestepped. It's been postponed, and likely for a while.

I'm talking about when we completely went off of gold standard
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Old November 4th, 2017, 09:07 AM   #35
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Keep going Troll Boy, someone almost thought you might know something....you put them straight.
Back at ya,comrade
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