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Old December 29th, 2017, 10:51 AM   #71
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We won't, the increase in the national debt for 2017 was half what it was in the 2016 Obamaconomy.

Odds are it will be even less in the 2018 Trumpconomy.

Just getting rid of Obama and his economically detrimental policies and the promise of corporate tax reform created an inflection point in the Obamaconomy negative slope GDP growth curve.

Good times are coming our way.

Do not forget perception as well. Obama was a negative nellie on America. its future, its economy. The only thing that propped up the awful Obamaconomy was the fracking revolution. Most fracking is on state or private lands, so Obama couldn't stop it, though he did regulate it on public (federal) lands, but Trump is reversing those regulations.
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Old December 29th, 2017, 11:46 AM   #72
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So, Trumps doing such a good job, that we need a trillion or so in stimulus?
From the people who said we couldn't afford stimulus when the economy was growing at -6% , and shedding a half million jobs a month....
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Old December 29th, 2017, 11:46 AM   #73
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So, Trumps doing such a good job, that we need a trillion or so in stimulus?
From the people who said we couldn't afford stimulus when the economy was growing at -6% , and shedding a half million jobs a month....
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Old December 29th, 2017, 11:53 AM   #74
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So, Trumps doing such a good job, that we need a trillion or so in stimulus?
From the people who said we couldn't afford stimulus when the economy was growing at -6% , and shedding a half million jobs a month....
I agree. We should not be spending a trillion dollars on infrastructure. Look you and I agree.
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Old December 29th, 2017, 12:06 PM   #75
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I agree. We should not be spending a trillion dollars on infrastructure. Look you and I agree.
Well, those who want the US to be a solid second place finisher agree with you.
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Old December 29th, 2017, 11:38 PM   #76
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NO. The GOP Tax Bill Isn't for the Middle Class. And It Was Never Meant to Be.

You've been scammed.
Wow it isn't I am Middle class I have gotten a tax cut that is equal to me getting a >1/hour raise ( when was the last time you saw a +1/hour increase in your wages without changing a job or job description). Each Child a person has adds another 0.45/hour raise in income
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Old December 29th, 2017, 11:41 PM   #77
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I agree. We should not be spending a trillion dollars on infrastructure. Look you and I agree.
Had 1.7 trillion dollars allocated for infrastructure,

But he could could only find 0.5 Trillion dollar of infrastructure projects on which to spend that 1.7 Trillion dollars. so he gve the other 1.2 trillion to wall street hedge fund managers
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Old December 29th, 2017, 11:45 PM   #78
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So if things are going so well, why add another 11.5 trillion in debt?
What other 11.5 trillion in debt, if the GDP is growing 2.1% or greater this tax cut is a revenue generator.

The GDP this year thanks to Trump deregulation broke the 3.3% mark vs 1.6% in 2016..

That brought in an additional .33 Trillion dollars in revenue.
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Old December 30th, 2017, 06:25 AM   #79
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Originally Posted by TNVolunteer73 View Post
Wow it isn't I am Middle class I have gotten a tax cut that is equal to me getting a >1/hour raise ( when was the last time you saw a +1/hour increase in your wages without changing a job or job description). Each Child a person has adds another 0.45/hour raise in income


Enjoy it while you can, TN. It's a pretty good bet that there WILL be payback--down the road.
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Old December 30th, 2017, 06:33 AM   #80
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What other 11.5 trillion in debt, if the GDP is growing 2.1% or greater this tax cut is a revenue generator.

The GDP this year thanks to Trump deregulation broke the 3.3% mark vs 1.6% in 2016..

That brought in an additional .33 Trillion dollars in revenue.
All that growth is happening with the old tax rates in place.
There is going to be a drop in revenue next year, and an increase in spending, resulting in a larger deficit. Look for trillion dollar plus deficits for as long as it takes for sanity to return to the federal government.

Trump can fool morons into thinking the "tax cut will pay for itself", but when you spend more and take in less, the deficit goes up, you can't fool the adding machine.
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