Oops! A Loss
"You may remember all the glowing predictions made for the December 2017 tax cuts by congressional Republicans and the Trump administration: Wages would soar for the rank-and-file, corporate investments would surge, and the cuts would pay for themselves.
The nonpartisan Congressional Research Service has just published a deep dive into the economic impact of the cuts in their first year, and emerges from the water with a different picture. The CRS finds that the cuts have had virtually no effect on wages, haven't contributed to a surge in investment, and haven't come close to paying for themselves. Nor have they delivered a cut to the average taxpayer." LA Times

Poor Waco, still desperately hoping the economy is not what it is.

Waco1947 said:

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Oops! A Loss
"You may remember all the glowing predictions made for the December 2017 tax cuts by congressional Republicans and the Trump administration: Wages would soar for the rank-and-file, corporate investments would surge, and the cuts would pay for themselves.
The nonpartisan Congressional Research Service has just published a deep dive into the economic impact of the cuts in their first year, and emerges from the water with a different picture. The CRS finds that the cuts have had virtually no effect on wages, haven't contributed to a surge in investment, and haven't come close to paying for themselves. Nor have they delivered a cut to the average taxpayer." LA Times

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Meanwhile truth. I personally benefit from the tax cuts. The just want the truth about the economy. Lord, it would hurt me and Americans for the economy to tank. Why hurt Americans?

Waco: "Why hurt Americans?"

Good question. Yet many vote for Democrats in the knowledge that is just what they do.

We paid more taxes this year....and not with any more income. Taking away the exemptions hurt us as we had always itemized. Had to take standard this year for the first time in ages. I'm sure others paid less. But for us, it was a loser. And we are on fixed income.

Waco1947 said:

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Waco1947 said:

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Oops! A Loss
"You may remember all the glowing predictions made for the December 2017 tax cuts by congressional Republicans and the Trump administration: Wages would soar for the rank-and-file, corporate investments would surge, and the cuts would pay for themselves.
The nonpartisan Congressional Research Service has just published a deep dive into the economic impact of the cuts in their first year, and emerges from the water with a different picture. The CRS finds that the cuts have had virtually no effect on wages, haven't contributed to a surge in investment, and haven't come close to paying for themselves. Nor have they delivered a cut to the average taxpayer." LA Times

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Meanwhile truth. I personally benefit from the tax cuts. The just want the truth about the economy. Lord, it would hurt me and Americans for the economy to tank. Why hurt Americans?

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Buy backs have helped me but other Americans are hurt.

Waco1947 said:

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Waco1947 said:

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Waco1947 said:

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Oops! A Loss
"You may remember all the glowing predictions made for the December 2017 tax cuts by congressional Republicans and the Trump administration: Wages would soar for the rank-and-file, corporate investments would surge, and the cuts would pay for themselves.
The nonpartisan Congressional Research Service has just published a deep dive into the economic impact of the cuts in their first year, and emerges from the water with a different picture. The CRS finds that the cuts have had virtually no effect on wages, haven't contributed to a surge in investment, and haven't come close to paying for themselves. Nor have they delivered a cut to the average taxpayer." LA Times

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Meanwhile truth. I personally benefit from the tax cuts. The just want the truth about the economy. Lord, it would hurt me and Americans for the economy to tank. Why hurt Americans?

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Buy backs have helped me but other Americans are hurt by Democrats.

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You keep posting before its done, Waco.

Waco1947 said:

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Waco1947 said:

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Waco1947 said:

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Oops! A Loss
"You may remember all the glowing predictions made for the December 2017 tax cuts by congressional Republicans and the Trump administration: Wages would soar for the rank-and-file, corporate investments would surge, and the cuts would pay for themselves.
The nonpartisan Congressional Research Service has just published a deep dive into the economic impact of the cuts in their first year, and emerges from the water with a different picture. The CRS finds that the cuts have had virtually no effect on wages, haven't contributed to a surge in investment, and haven't come close to paying for themselves. Nor have they delivered a cut to the average taxpayer." LA Times

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Meanwhile truth. I personally benefit from the tax cuts. The just want the truth about the economy. Lord, it would hurt me and Americans for the economy to tank. Why hurt Americans?

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Buy backs have helped me but other Americans are hurt.

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Can someone explain to me why Waco replied to himself 3 times???

Does a paid troll get paid for replies to their posts? Do they get paid for replying to their own posts?

Idk how this scam works

But what about the Dow and GDP? Business leaders and investors want to see real changes in productivity and growth. As I write this, Trump has just started his 27th month in office24 of which were with full control of all three branches of government, a "blank check" for Republicanswhich is plenty of time to let his economic policies take effect. The Dow has gained +34.2% in that time. That is great compared to the 22.1% change at Bush's 27th month, but middling compared to Obama's +60.1% growth at this point in his presidency. Trump bragged a great deal about the 81 all-time highs for the Dow during his first two years in office, but since the Dow grows at a fairly steady 6-8% per non-recession year, all-time highs are not unusual. For comparison, after digging the country out of the Great Recession in his first term, Obama saw 91 all-time highs in the first two years of his second term. Trump has touted the 3% GDP growth in 2018 as "unprecedented," but this isn't even close to true, as the graph indicates. It seems almost anemic compared to the eight Clinton years. Even George W. Bush had TWO years of greater than 3% GDP growth, and he had the worst economic performance of any president since Hoover.
Christopher Black

Poor Waco, still in desperate fear that the economy will get Trump re-elected.

The giveaway will be when he references his own posts again in this thread.

Waco1947 said:

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But what about the Dow and GDP? Business leaders and investors want to see real changes in productivity and growth. As I write this, Trump has just started his 27th month in office24 of which were with full control of all three branches of government, a "blank check" for Republicanswhich is plenty of time to let his economic policies take effect. The Dow has gained +34.2% in that time. That is great compared to the 22.1% change at Bush's 27th month, but middling compared to Obama's +60.1% growth at this point in his presidency. Trump bragged a great deal about the 81 all-time highs for the Dow during his first two years in office, but since the Dow grows at a fairly steady 6-8% per non-recession year, all-time highs are not unusual. For comparison, after digging the country out of the Great Recession in his first term, Obama saw 91 all-time highs in the first two years of his second term. Trump has touted the 3% GDP growth in 2018 as "unprecedented," but this isn't even close to true, as the graph indicates. It seems almost anemic compared to the eight Clinton years. Even George W. Bush had TWO years of greater than 3% GDP growth, and he had the worst economic performance of any president since Hoover.
Christopher Black

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Facts apparently disturb people

The truth scares Waco.

Oldbear83 said:

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Poor Waco, still in desperate fear that the economy will get Trump re-elected.

The giveaway will be when he references his own posts again in this thread.

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..... and he did it again in the post that followed this!

Waco1947 said:

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Waco1947 said:

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But what about the Dow and GDP? Business leaders and investors want to see real changes in productivity and growth. As I write this, Trump has just started his 27th month in office24 of which were with full control of all three branches of government, a "blank check" for Republicanswhich is plenty of time to let his economic policies take effect. The Dow has gained +34.2% in that time. That is great compared to the 22.1% change at Bush's 27th month, but middling compared to Obama's +60.1% growth at this point in his presidency. Trump bragged a great deal about the 81 all-time highs for the Dow during his first two years in office, but since the Dow grows at a fairly steady 6-8% per non-recession year, all-time highs are not unusual. For comparison, after digging the country out of the Great Recession in his first term, Obama saw 91 all-time highs in the first two years of his second term. Trump has touted the 3% GDP growth in 2018 as "unprecedented," but this isn't even close to true, as the graph indicates. It seems almost anemic compared to the eight Clinton years. Even George W. Bush had TWO years of greater than 3% GDP growth, and he had the worst economic performance of any president since Hoover.
Christopher Black

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Facts apparently disturb people

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Deficit and Debt keep rising

Waco fears the truth, common sense, and decency in the family.

Waco1947 said:

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Deficit and Debt keep rising

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And, you were concerned about this during the Obama administration too? I don't remember that.

Cinque recently bought a MAGA which he proudly wears

Waco1947 said:

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Deficit and Debt keep rising

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Did u complain about this when Obama took it from 10T to 19T?

Edmond Bear said:

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Waco1947 said:

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Deficit and Debt keep rising

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And, you were concerned about this during the Obama administration too? I don't remember that.

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I was but you didn't notice.

ScottS said:

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Waco1947 said:

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Deficit and Debt keep rising

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Did u complain about this when Obama took it from 10T to 19T?

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Obama did "not take up,".
Read a little how that debt is amassed. Look for military pensions, Medicare and Sci Security.

"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

My god you're an idiot!!!

Waco1947 said:

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Edmond Bear said:

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Waco1947 said:

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Deficit and Debt keep rising

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And, you were concerned about this during the Obama administration too? I don't remember that.

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I was but you didn't notice.

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Haha! That's some serious bullsh.

Edmond Bear said:

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Waco1947 said:

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Edmond Bear said:

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Waco1947 said:

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Deficit and Debt keep rising

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And, you were concerned about this during the Obama administration too? I don't remember that.

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I was but you didn't notice.

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Haha! That's some serious bullsh.

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no, I'm sure Waco was concerned. He was concerned Obama might not be socialist enough.

Oldbear83 said:

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Edmond Bear said:

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Waco1947 said:

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Edmond Bear said:

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Waco1947 said:

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Deficit and Debt keep rising

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And, you were concerned about this during the Obama administration too? I don't remember that.

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I was but you didn't notice.

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Haha! That's some serious bullsh.

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no, I'm sure Waco was concerned. He was concerned Obama might not be socialist enough.

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That's it, as many Socialists on left didn't think Obama went far enough

Waco1947 said:

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"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

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3 ad hominem attacks and no real response.

Waco1947 said:

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ScottS said:

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Waco1947 said:

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Deficit and Debt keep rising

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Did u complain about this when Obama took it from 10T to 19T?

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Obama did "not take up,".
Read a little how that debt is amassed. Look for military pensions, Medicare and Sci Security.

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He absolutely did.

Waco1947 said:

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Waco1947 said:

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"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

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3 ad hominem attacks and no real response.

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Remember that post you thanked me for, Waco? That was a 'real response'.

Oldbear83 said:

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Waco1947 said:

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Waco1947 said:

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"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

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3 ad hominem attacks and no real response.

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Remember that post you thanked me for, Waco? That was a 'real response'.

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Yelling "Socialist " is simply an ad hominem attack.

Waco1947 said:

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Oldbear83 said:

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Waco1947 said:

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Waco1947 said:

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"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

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3 ad hominem attacks and no real response.

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Remember that post you thanked me for, Waco? That was a 'real response'.

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Yelling "Socialist " is simply an ad hominem attack.

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No one is 'yelling' anything, Waco. And when someone promotes socialist propaganda, it is merely factual to observe they are socialist in their political orientation.

Words are painful.

Truthful words are both painful and hateful

Waco1947 said:

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Oldbear83 said:

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Waco1947 said:

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Waco1947 said:

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"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

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3 ad hominem attacks and no real response.

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Remember that post you thanked me for, Waco? That was a 'real response'.

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Yelling "Socialist " is simply an ad hominem attack.

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BS. Socialism is a form of government and legit to mention in a political discussion.

ScottS said:

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Waco1947 said:

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Oldbear83 said:

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Waco1947 said:

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Waco1947 said:

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"The biggest effect of the Trump tax cuts is obvious: People who own businesses and other sources of concentrated wealth will have a lot more money, and the federal budget will have less. But the advocates of the tax cuts insisted it wasn't about letting the makers keep their hard-earned money rather than handing it over to the takers. It was about incentivizing business to repatriate funds and ramp up its investments, thereby increasing growth and wages.

The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of those secondary effects have materialized. Growth has not increased above the pre-tax-cut trend. Neither have wages. After a brief and much smaller than expected bump, repatriated corporate cash from abroad has leveled off."
Jonathan Chatt

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3 ad hominem attacks and no real response.

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Remember that post you thanked me for, Waco? That was a 'real response'.

---

Yelling "Socialist " is simply an ad hominem attack.

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BS. Socialism is a form of government and legit to mention in a political discussion.

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Of course it is. But there are a thousand definitions.
If you must call me a "Socialist" then say "You are a socialist of the Finland variety."
I will be happy to discuss Finland's Socialism.

Great idea...