Mad about the economy? Blame Donald Trump.

[adrina]

Mad about the economy? Blame Donald Trump.​

A new poll shows Trump leading in all swing states except Wisconsin (where Trump and Biden tie), with 56 percent of voters saying the former president would do a good job on the economy versus just 40 percent for Biden. These voters are sadly mistaken. Trump’s first term and current policy proposals are dire warnings that a second round of Trumponomics would be devastating to everyday Americans.

Trump is promising to give big tax cuts to everybody, and to protect Social Security, Medicare and Medicaid. But the truth is that his proposed tax cuts will benefit the wealthy at the expense of low- and middle-income Americans, and he will cut entitlements to cover any lost tax revenues. By the time they expire next year, Trump’s tax cuts are projected to have boosted after-tax incomes of the top 1 percent of earners by 3 percent, to an average of $2.1 million. But they barely affect the bottom 60 percent of earners, increasing their 2025 incomes just 1 percent, to $41,800. By 2025, average tax savings will amount to just $70 for the bottom 20 percent of earners, $61,090 for the top 1 percent, and $252,300 for the top 0.1 percent. If extended to 2027, the tax cuts would actually make low- and middle-income earners worse off.

Rising entitlement spending isn’t our real fiscal problem. In fact, the bipartisan Congressional Budget Office dramatically lowered its forecast for growth in healthcare costs. Our deficits are due primarily to Trump’s tax cuts. Extending them would add another $4.6 trillion to the federal debt, CBO found. Rather than confront that reality, the Republican Study Committee, which represents a majority of congressional Republicans, keeps proposing big cuts to Social Security. So when Trump vows to “never…hurt” entitlements, or that extending his tax cuts will benefit the majority of Americans and pay for themselves, voters would be ill-advised to believe him.

https://thehill.com/opinion/campaign/4692177-mad-about-the-economy-blame-donald-trump/


Trump trashed the stability Obama left in place. Biden is trying to put that stability back in place. And if elected, Trump will fuck it all up again.

Republicans don't know how to govern and they don't know how to manage fiscal policy unless it benefits just the rich.

 

[Bn2f]

Clinton fixed Bush 1’s economy.
Obama fixed Bush 2’s economy.
Biden fixed trump’s.
Conservatives don’t see a trend.
Another thread asked for party platform policies and one of the few conservatives that answered placed extending the trump tax cuts as #1. Mind numbing but shows that the GOP solution to problems is always tax cuts for the rich.

 

[wizzard426]

I'm doing a fine job of "governing" myself. No use for communists

Perhaps china has the leadership you seek

 

[LLCox]

I'm doing a fine job of "governing" myself. No use for communists

I have always governed myself. I have never needed either the democraps or the rebubicant's to tell me what is right. I do the best I can with the chaos in front of me.

 

[TastySuckToy]

Oldest playbook of the leftist/democrat party:

Economy good + democrat President = credit to the President

Economy good + Republican President = riding coattails of last democrat President

Economy bad + democrat President = trying to fix things from last Republican President

Economy bad + Republican President = the President's fault

 

[LLCox]

America gets what it deserves. Besides the Government The People need to look at themselves, like what the consequences of credit card debt entails. Live small dream big.

 

[Bn2f]

I'm doing a fine job of "governing" myself. No use for communists

Perhaps china has the leadership you seek

When God closes a door he opens the lid on a toilet. If word of snailspace’s possible demise is true, then that leaves a space for another self hating, racist douche to fill. Do you think you could be up to filling his shoes?

 

[wizzard426]

There is no "left"/"right".......only thieves and enemies domestic

 

[Bn2f]

There is no "left"/"right".......only thieves and enemies domestic

Well, you’re gonna have to do better than this. If you’re not up to it just say so.

 

[KeithD]

But don't at all blame the President of the past 4 years? Sure, makes sense.

Math isn't your forte?

The economy for the Biden administration so far has been a miracle of pulling the world's strongest from assumptions we'd go into a recession. Check the actual facts out.

 

[jaF0]

Is it really all Donny?

Orange juice price surge explained and what happens next​

https://external-content.duckduckgo.com/ip3/invezz.com.icoInvezz|13 days ago
Orange juice price has gone parabolic this year as it reached a record high. Data compiled by Barchart shows that it jumped to a high of $438.50 on Thursday, crossing the previous all-time high of $415.

​

U.S. News // 1 week ago
Consumer tomato prices might rise in July as battle with Mexico heats up
Mexico has the market cornered on tomato imports in the United States, and that has the U.S. Department of Commerce considering adding tariffs to protect domestic tomato growers.​

 

[DeluxAuto]

I'm doing a fine job of "governing" myself. No use for communists

Perhaps china has the leadership you seek

Excellent use of quotes.

 

[MajorRewrite]

Oldest playbook of the leftist/democrat party:

Economy good + democrat President = credit to the President

Economy good + Republican President = riding coattails of last democrat President

Economy bad + democrat President = trying to fix things from last Republican President

Economy bad + Republican President = the President's fault

Currently the economy is strong but the anti-American Republican Party is wailing that the economy is a disaster.

Where does that fit in your delusional playbook?

 

[BabyBoomer50s]

The good news is the Trump tax cuts for individuals will be extended next year for at least 99% of us American taxpayers with bipartisan support.

Biden would like to raise the top bracket from 37% to 39.6% which would impact the top one percent of taxpayers but Democrats in high income districts and states might nix that idea.

Corporate tax rates, which only comprise about 6.5% of all federal tax revenues, could increase somewhat, but probably not much. Biden would like to increase it from 21% to 28%. That would be a tough sell in congress because it would significantly disadvantage the US against other major countries (including our neighbors to the north). Here’s how US corporate rates currently stack against some of the large economies.

Australia 30%
France 26%
Netherlands 26%
Korea 25%
Austria 25%
Belgium 25%
Japan 23%
US 21%
Sweden 21%
UK 19%
Germany 16%
Canada 15%
Switzerland 9%

Rather than significantly tinkering with corporate rates, we’re more likely to see other tweaks to the tax code. Carried interest, stock buybacks, less expensing of capital investments, and other things like that.

 

[Cloudyjackie]

Mad about the economy? Blame Donald Trump.​

https://thehill.com/opinion/campaign/4692177-mad-about-the-economy-blame-donald-trump/


Trump trashed the stability Obama left in place. Biden is trying to put that stability back in place. And if elected, Trump will fuck it all up again.

Republicans don't know how to govern and they don't know how to manage fiscal policy unless it benefits just the rich.

Your a idiot.Biden had the best possible set up. Dems and China created the zombie virus that shut down the country.

 

[Fuzzy1975]

Biden would like to increase it from 21% to 28%. That would be a tough sell in congress because it would significantly disadvantage the US against other major countries (including our neighbors to the north).

Actually, your neighbours to the North would then raise their rate too. Being in a race to bottom on Corporate tax rates only benefits the Corporations.

 

[BabyBoomer50s]

Actually, your neighbours to the North would then raise their rate too. Being in a race to bottom on Corporate tax rates only benefits the Corporations.

The US and most of large countries already have rates much higher than Canada’s 15% rate. Canada has good reasons for keeping its rate low.

 

[MajorRewrite]

Your a idiot.Biden had the best possible set up. Dems and China created the zombie virus that shut down the country.

Hi, Snail. Why did you change your account?

 

[adrina]

Your a idiot.Biden had the best possible set up. Dems and China created the zombie virus that shut down the country.

Well thank you for your erudite reply and indepth analysis.

Conservatives don't know jack about economic policy - except for how to enrich themselves with the government's taxpayer dollars.

Step away from the propaganda.

 

[Fuzzy1975]

The US and most of large countries already have rates much higher than Canada’s 15% rate. Canada has good reasons for keeping its rate low.

Actually we don't need to keep it down, with the 25% difference in the Dollar, nope we can be competitive and raise our Corporate tax rate.

 

[BabyBoomer50s]

Actually we don't need to keep it down, with the 25% difference in the Dollar, nope we can be competitive and raise our Corporate tax rate.

Yet your policy makers keep it low anyway. Wise choice.

 

[Lone_Hawk]

Clinton fixed Bush 1’s economy.
Obama fixed Bush 2’s economy.
Biden fixed trump’s.
Conservatives don’t see a trend.
Another thread asked for party platform policies and one of the few conservatives that answered placed extending the trump tax cuts as #1. Mind numbing but shows that the GOP solution to problems is always tax cuts for the rich.

Actually, if all the political fuckers would just go away and leave us alone our economy would be great. The only difference in the politicos is how they want to fuck us.

 

[Bn2f]

Actually, if all the political fuckers would just go away and leave us alone our economy would be great. The only difference in the politicos is how they want to fuck us.

So I have the benefit of seeing your post stating your position. I doubt you know much on mine or many of the members here, but many, including myself, brisk at the false equivalence that you are seemingly advocating. I’m one of the more calm and patient members here so I’ll kindly tell you that I once thoughtlike you did. Not libertarian, per se, but I was ambivalent. Politics comes for you whether you like it or not. It pays to be a little more diligent. Here’s the link that you asked for in another thread.

https://www.desmoinesregister.com/s...-2025-donald-trump-plans-america/73899727007/

 

[Fuzzy1975]

Yet your policy makers keep it low anyway. Wise choice.

Why? The corporations are not expanding. For there are four major and 18 minor celluar companies for the whole of the country. That number has dropped since the tax cut. That means the rest of us pick up the tab. Sorry, we're a bit willing to pay for social programs but not corporate welfare.

But no worries you wouldn't understand, different tax system, different health care, different life expectancy, different society...

 

[Lone_Hawk]

So I have the benefit of seeing your post stating your position. I doubt you know much on mine or many of the members here, but many, including myself, brisk at the false equivalence that you are seemingly advocating. I’m one of the more calm and patient members here so I’ll kindly tell you that I once thoughtlike you did. Not libertarian, per se, but I was ambivalent. Politics comes for you whether you like it or not. It pays to be a little more diligent. Here’s the link that you asked for in another thread.

https://www.desmoinesregister.com/s...-2025-donald-trump-plans-america/73899727007/

From your link:

One issue missing from the NBC News report that has become a focal point of the Biden camp, Make America Great Again Republicans and third-party candidates is democracy vs. authoritarianism. Specifically, on Jan. 20, 2025, will the duly elected and inaugurated president of the United States keep America as a democracy that dates back to the 1630’s in the New England colonies, or will it be the start of changing the country to authoritarian fascism?

The United States is a Republic, not a Democracy.

Project 2025 is a serious endeavor, if Trump returns to the White House, to make America a fascist country. After all, on May 20, Trump posted a video on his Truth Social media account depicting his 2025-29 administration as a “Unified Reich.” (Hitler’s Third Reich occurred from 1933 to 1945.)

Interesting that they just made that statement without providing a link for us to hear it for ourselves.

he 30 chapters of Project 2025 are a daunting read. Project 2025 proposes, among a host of things, eliminating the Department of Education, eliminating the Department of Commerce, deploying the US military whenever protests erupt, dismantling the FBI and Department of Homeland Security, removing sexual and gender protected discrimination and terminating diversity, equity, inclusion and affirmative action.

Additional mandates include: siphoning off billions of dollars of public school funding, funding private school choice vouchers, phasing out public education’s Title I program, gutting the nation’s free school meals program, eliminating the Head Start program, banning books and suppressing any curriculum that discusses the evils of slavery.

Yeah, well, Trump didn't write the Project 2025, that is others saying what he should do. But I will give you a C+ on that one. However, as a Libertarian, I don't think that the Federal Government should be involved in most of that, it is a state's issue, let the state's decide where they want to be on these issues and get the Federal Government out of it.

Project 2025 also calls for banning abortion (which makes women second-class citizens)

That is kinda overcome by events and it is now back to the states to decide as it should be. I don't know dude, those babies, murder them in the womb... really? You want to sign up to do that yourself? Could you sleep at night knowing that you had "aborted" babies in the womb? It is a personal choice, I personally choose life, but if you want to kill your kids, I'm actually kinda ok with that.