CBO Report: Economy strong thanks to Trump tax cuts

[jc456]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Please stop relying on fox propaganda to make false statements.

It’s official: Trump’s tax cuts were a bust

It’s official: The Trump tax cuts were a bust

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

 

[danielpalos]

I have to pay $3K less in the filthy income tax this year than last with about the same income. That is $3K that I get to spend in the productive economy for things I want rather than give to some stupid bureaucrat to give away to an asshole Democrat voting welfare queen or Illegal.

No wonder the economy is better. Trump had it right. God bless Trump.

it is being financed. fundamentals matter under Capitalism.

 

[otto105]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Please stop relying on fox propaganda to make false statements.

It’s official: Trump’s tax cuts were a bust

It’s official: The Trump tax cuts were a bust

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

The only link provided was a fox business article referring a CBO report.

And that article states.

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029. Democrats, such as House Budget Committee Chairman John Yarmuth, D-Ky., seized on this estimate as proof that the tax cuts will eventually fail."


1.7% GDP growth from tax cuts while we have ballooning deficits...


Try again.

 

[ThoughtCrimes]

From the same article you cited, you bloody shill;

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029."
~~ Economy strong thanks to Trump tax cuts, CBO report shows ~~

Splash in the pan, short term gimmicks employed for political ends don't do a damn thing for long term economic stability. Trump's profligate spending spree over the last 16 months from the beginning of FY 2018 has added over $1.625 Trillion to the debt. That's over $100 Billion every 30 days. Remember last April when Trumpy touted that the month's tax receipts exceeded the Treasury payments, fooling all you fish?

Reducing taxes while emptying the Public Purse at the same time is the genius Trump economic plan? That's a bullshit in a sock plan for sycophantic fools, Wonder Clown!

 

[easyt65]

From the same article you cited, you bloody shill;

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029."
~~ Economy strong thanks to Trump tax cuts, CBO report shows ~~

WHAT YEAR IS IT NOW?

Get back to me in 2029 and let me know how their prediction turned out.


In the meantime, if ignorant Socialist Democrats like AOC & Kamala Harris get to do what they want to do to our country / economy we will be 'Venezuela' by 2029.

 

[jc456]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Please stop relying on fox propaganda to make false statements.

It’s official: Trump’s tax cuts were a bust

It’s official: The Trump tax cuts were a bust

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

The only link provided was a fox business article referring a CBO report.

And that article states.

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029. Democrats, such as House Budget Committee Chairman John Yarmuth, D-Ky., seized on this estimate as proof that the tax cuts will eventually fail."


1.7% GDP growth from tax cuts while we have ballooning deficits...


Try again.

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

 

[easyt65]

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

Snowflake hatred for (and fear of) Fox News stems from the intolerant refusal to accept the concept of 'agreeing to disagree' and feeling the need to either convert or destroy what is different or what does not conform / adapt to their personal ideology.

 

[danielpalos]

From the same article you cited, you bloody shill;

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029."
~~ Economy strong thanks to Trump tax cuts, CBO report shows ~~

Splash in the pan, short term gimmicks employed for political ends don't do a damn thing for long term economic stability. Trump's profligate spending spree over the last 16 months from the beginning of FY 2018 has added over $1.625 Trillion to the debt. That's over $100 Billion every 30 days. Remember last April when Trumpy touted that the month's tax receipts exceeded the Treasury payments, fooling all you fish?

Reducing taxes while emptying the Public Purse at the same time is the genius Trump economic plan? That's a bullshit in a sock plan for sycophantic fools, Wonder Clown!

the Richest got richer and the People got stuck with the income redistribution and Debt.

 

[deanrd]

Hilarious! When people miss one paycheck and go bankrupt, they aren’t really doing all that well.

 

[deanrd]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Trump Claims the Economy Is the Best Ever—These 11 Facts Tell a Different Story

President Trump has often called the results under his administration unprecedented. His statements are unfounded: while wage growth has been strong, most other measures of economic growth under the current administration are less impressive than they were during the tail end of the previous administration, Barack Obama’s second term.

...........
Weird the way Republicans keep trying to put lipstick on this pig. But we lived through it. Obama was just a little more than two years ago. We know the truth. So Republicans trying to rewrite history so soon after history is just overreaching. But what do you expect from such ignorant people, seriously what do you expect?

 

[otto105]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Please stop relying on fox propaganda to make false statements.

It’s official: Trump’s tax cuts were a bust

It’s official: The Trump tax cuts were a bust

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

The only link provided was a fox business article referring a CBO report.

And that article states.

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029. Democrats, such as House Budget Committee Chairman John Yarmuth, D-Ky., seized on this estimate as proof that the tax cuts will eventually fail."


1.7% GDP growth from tax cuts while we have ballooning deficits...


Try again.

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

Dude, fox is a parrot. That is why the article was drawn from it.

Heres the actual CBO report.

The Budget and Economic Outlook: 2019 to 2029 | Congressional Budget Office

You might want to look at the Real GDP growth numbers before showing your ignorance again. They project just 2.3% GDP growth this year.

 

[easyt65]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Trump Claims the Economy Is the Best Ever—These 11 Facts Tell a Different Story

President Trump has often called the results under his administration unprecedented. His statements are unfounded: while wage growth has been strong, most other measures of economic growth under the current administration are less impressive than they were during the tail end of the previous administration, Barack Obama’s second term.

...........
Weird the way Republicans keep trying to put lipstick on this pig. But we lived through it. Obama was just a little more than two years ago. We know the truth. So Republicans trying to rewrite history so soon after history is just overreaching. But what do you expect from such ignorant people, seriously what do you expect?

I completely agree that our economy is not the best 'ever'....but it IS the best in DECADES.

 

[jc456]

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

Snowflake hatred for (and fear of) Fox News stems from the intolerant refusal to accept the concept of 'agreeing to disagree' and feeling the need to either convert or destroy what is different or what does not conform / adapt to their personal ideology.

yes. another point of view is not allowed in leftists land. they demonstrate that constantly. everyday, every minute of it. they hate someone that doesn't agree with them. It's not allowed in the cult that is leftist land.

Now they're even talking about killing babies after delivery. dude, there is no stop to these evil fks.

 

[jc456]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Please stop relying on fox propaganda to make false statements.

It’s official: Trump’s tax cuts were a bust

It’s official: The Trump tax cuts were a bust

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

The only link provided was a fox business article referring a CBO report.

And that article states.

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029. Democrats, such as House Budget Committee Chairman John Yarmuth, D-Ky., seized on this estimate as proof that the tax cuts will eventually fail."


1.7% GDP growth from tax cuts while we have ballooning deficits...


Try again.

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

Dude, fox is a parrot. That is why the article was drawn from it.

Heres the actual CBO report.

The Budget and Economic Outlook: 2019 to 2029 | Congressional Budget Office

You might want to look at the Real GDP growth numbers before showing your ignorance again. They project just 2.3% GDP growth this year.

so what was incorrect from the OP? post it. why didn't you?

 

[jc456]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Trump Claims the Economy Is the Best Ever—These 11 Facts Tell a Different Story

President Trump has often called the results under his administration unprecedented. His statements are unfounded: while wage growth has been strong, most other measures of economic growth under the current administration are less impressive than they were during the tail end of the previous administration, Barack Obama’s second term.

...........
Weird the way Republicans keep trying to put lipstick on this pig. But we lived through it. Obama was just a little more than two years ago. We know the truth. So Republicans trying to rewrite history so soon after history is just overreaching. But what do you expect from such ignorant people, seriously what do you expect?

did obammy say bringing manufacturing jobs back would require magic and a wand? Did trump do that? are you honest or just a parrot?

 

[danielpalos]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Trump Claims the Economy Is the Best Ever—These 11 Facts Tell a Different Story

President Trump has often called the results under his administration unprecedented. His statements are unfounded: while wage growth has been strong, most other measures of economic growth under the current administration are less impressive than they were during the tail end of the previous administration, Barack Obama’s second term.

...........
Weird the way Republicans keep trying to put lipstick on this pig. But we lived through it. Obama was just a little more than two years ago. We know the truth. So Republicans trying to rewrite history so soon after history is just overreaching. But what do you expect from such ignorant people, seriously what do you expect?

nothing but socialism on a national basis that helps the richest get richer at the expense of the People.

tax cut economics are worthless if they don't cover spending.

 

[danielpalos]

"Earlier this week, the Congressional Budget Office released their Budget and Economic Outlook report for 2019 to 2029.

While media reports focused on the $3 billion that CBO estimates was permanently lost by the partial government shutdown (equal to 0.02 percent of projected annual GDP in 2019), the real story should be that the tax cuts (TCJA) and other economic policies of the Trump administration have been successful. For American families this means more jobs, higher wages and increased take-home pay.

Stronger economic growth will also improve the nation's fiscal health. CBO has found that 0.1 percent in revenue equals 1.4 percent in GDP growth and over $400 billion in revenue over a decade, and in the past they have stated Opens a New Window. that 0.1 percent in GDP equals $300 billion. This means that economic growth of 2.5 percent instead of the 1.7 percent predicted by CBO will net the federal government trillions of dollars in higher revenues over 10 years.

Regardless of what may happen in the future, the CBO report confirms that the economy today is strong.

Real disposable income is expected to grow by 2.9 percent in 2018 while consumer spending is expected to grow by 2.7 percent.

Growth of Real Business Fixed Investment (measured as purchases of equipment, structures and IP) increased by 14.9 percent in 2017 and is projected to increase by 9.6 percent in 2018.

Each of these numbers mark a sharp contrast with the economic policies of the Obama administration, which saw average annual GDP growth of 1.9 percent compared to the 3.1 percent seen in 2018.

This positive economic news should not be a surprise."

Economy strong thanks to Trump tax cuts, CBO report shows

Trump Claims the Economy Is the Best Ever—These 11 Facts Tell a Different Story

President Trump has often called the results under his administration unprecedented. His statements are unfounded: while wage growth has been strong, most other measures of economic growth under the current administration are less impressive than they were during the tail end of the previous administration, Barack Obama’s second term.

...........
Weird the way Republicans keep trying to put lipstick on this pig. But we lived through it. Obama was just a little more than two years ago. We know the truth. So Republicans trying to rewrite history so soon after history is just overreaching. But what do you expect from such ignorant people, seriously what do you expect?

I completely agree that our economy is not the best 'ever'....but it IS the best in DECADES.

it is being financed, not built.

 

[otto105]

Please stop relying on fox propaganda to make false statements.

It’s official: Trump’s tax cuts were a bust

It’s official: The Trump tax cuts were a bust

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

The only link provided was a fox business article referring a CBO report.

And that article states.

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029. Democrats, such as House Budget Committee Chairman John Yarmuth, D-Ky., seized on this estimate as proof that the tax cuts will eventually fail."


1.7% GDP growth from tax cuts while we have ballooning deficits...


Try again.

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

Dude, fox is a parrot. That is why the article was drawn from it.

Heres the actual CBO report.

The Budget and Economic Outlook: 2019 to 2029 | Congressional Budget Office

You might want to look at the Real GDP growth numbers before showing your ignorance again. They project just 2.3% GDP growth this year.

so what was incorrect from the OP? post it. why didn't you?

I did three posts back.

Try to keep up.

 

[jc456]

CBO is an agency and nothing to do with fox news wow, dude, you lost it.

The only link provided was a fox business article referring a CBO report.

And that article states.

"Although the current strength of the economy is clear, the CBO report argues that the benefits of tax cuts will not last and that the economic growth will average just 1.7 percent between 2020 and 2029. Democrats, such as House Budget Committee Chairman John Yarmuth, D-Ky., seized on this estimate as proof that the tax cuts will eventually fail."


1.7% GDP growth from tax cuts while we have ballooning deficits...


Try again.

dude, seriously you are making yourself look very stupid. you should just give it up. your hate for a TV station is amazing, you have no common sense, parrot.

Dude, fox is a parrot. That is why the article was drawn from it.

Heres the actual CBO report.

The Budget and Economic Outlook: 2019 to 2029 | Congressional Budget Office

You might want to look at the Real GDP growth numbers before showing your ignorance again. They project just 2.3% GDP growth this year.

so what was incorrect from the OP? post it. why didn't you?

I did three posts back.

Try to keep up.

quote the piece that is the error in the OP. That's what I asked. and no, you didn't do that three posts back.

 

[Rambunctious]

Tax cuts work every time they are tried...no matter what your government paid economics educator and propaganda administrator says....