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Would you rather have corporations paying the massive bulk f taxation, driving them out of the country, creating millions of people getting tax-payer-funded freebies with fewer tax payers to pay for all of that (higher taxes)....or would you rather have millions of Americans working, not relying n freebies to survive, fewer Americans on tax payer-funded social programs?I'm just interested in knowing if Charle Payne is correct. Are you liberals saying that a great economy is based on fewer regulations, less taxation, and less business burden?
However the GDP growth under Trump has been the same as under Obama.
You are forgetting TRILLIONS OF DOLLARS from the Fed and 0% interest rates that propped up Obama. President Trump has had no such advantage. Trump had to earn his economic boom.
There's a hearsay report out there that 4 million jobs were lost after the obama stimulus.Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.
Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.
Both conveniently forget that Trump reversed all of Obama's economic policies.
How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.
Trump fires back after Obama claims credit for economic boom: 'Con job'
Oh look, a revisionist historian. How cute. First slide please.
Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.
DUH.
There's a hearsay report out there that 4 million jobs were lost after the obama stimulus.Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.
Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.
Both conveniently forget that Trump reversed all of Obama's economic policies.
How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.
Trump fires back after Obama claims credit for economic boom: 'Con job'
Oh look, a revisionist historian. How cute. First slide please.
Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.
DUH.
Maybe you could research that for us.
You are correct. They don't lie.Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.
Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.
Both conveniently forget that Trump reversed all of Obama's economic policies.
How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.
Trump fires back after Obama claims credit for economic boom: 'Con job'
Oh look, a revisionist historian. How cute. First slide please.
Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.
DUH.
Obama managed 8,000 basis points in 8 years. Trump managed 13,000 basis points in 3.
One other thing. Can you define for the rest of us the difference between the stock market and what an economy is?
You are dismissed.
There's a hearsay report out there that 4 million jobs were lost after the obama stimulus.Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.
Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.
Both conveniently forget that Trump reversed all of Obama's economic policies.
How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.
Trump fires back after Obama claims credit for economic boom: 'Con job'
Oh look, a revisionist historian. How cute. First slide please.
Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.
DUH.
Maybe you could research that for us.
What an idiot. So, do you have that explanation of what an economy is vs what a stock market is? If you're stumped, google is your friend.You are correct. They don't lie.Obama is running his mouth claiming credit for the historic Trump economic boom, shocker. Biden is out there on the campaign trail also taking credit.
Both conveniently forget the Obama recovery was below average and most were predicting another recession when president Trump took over.
Both conveniently forget that Trump reversed all of Obama's economic policies.
How pathetic the left have become, 3 years into the Trump economic boom they try to steal the credit.
Trump fires back after Obama claims credit for economic boom: 'Con job'
Oh look, a revisionist historian. How cute. First slide please.
Ain't no way to rewrite the numbers, Jocko. Numbers are, 'ow you say, quantifiable. They're fixed values. Not open to debate. That's uh, kind of why we call them numbers.
DUH.
Obama managed 8,000 basis points in 8 years. Trump managed 13,000 basis points in 3.
One other thing. Can you define for the rest of us the difference between the stock market and what an economy is?
You are dismissed.
One other other thing. Why don't you know the difference between rates and absolutes?
Fuck outta here.
Where is that 4-5% GDP growth we were promised?Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......
Where is that 4-5% GDP growth we were promised?Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......
What part of 'the strongest economy in the last 50 years', the lowest unemployment rate in the last 50 years', 'the lowest black unemployment rate EVER', etc.... do you not understand, lil' snowflake?Where is that 4-5% GDP growth we were promised?Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......
Where is that 4-5% GDP growth we were promised?Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......
Same place his plan for healthcare is. Fantasy land.
The tax cuts resulted in the largest amount of tax revenue in US history.Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.
.
This guy...
I would hide my face after this last post if I were you, too....
"Overall, federal revenues came in slightly higher in FY 2018 — up 0.5%.
Spending, on the other hand, was $127 billion higher in fiscal 2018. As a result, deficits for 2018 climbed $113 billion.
Let's compare these results with Obama's last full fiscal year in office, 2016.
Individual income tax revenues went up by a mere 0.3%, Treasury data show. Fiscal 2016 also saw a 13% drop in corporate income taxes. FICA tax collections climbed by less than 1%. Excise tax collections dropped almost 3%.
Overall revenues increased by 0.5% — about the same as this year. The deficit? It climbed by $148 billion.
So, in other words, the government did better on revenues and deficits in the year after Trump's tax cuts went into effect than it did in Obama's last year in office."
Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
What part of 'the strongest economy in the last 50 years',Where is that 4-5% GDP growth we were promised?Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......
Snowflake, if you for one second try to claim Obama is responsible for repealing his own regulations, for making any effort to bring back factory jobs - which he publicly declared he would not do, and had any clue how to improve this economy - which he said could NOT be done, YOU are the one talking about things you do not understand / refuse to acknowledge.The tax cuts resulted in the largest amount of tax revenue in US history.Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.
.
This guy...
I would hide my face after this last post if I were you, too....
"Overall, federal revenues came in slightly higher in FY 2018 — up 0.5%.
Spending, on the other hand, was $127 billion higher in fiscal 2018. As a result, deficits for 2018 climbed $113 billion.
Let's compare these results with Obama's last full fiscal year in office, 2016.
Individual income tax revenues went up by a mere 0.3%, Treasury data show. Fiscal 2016 also saw a 13% drop in corporate income taxes. FICA tax collections climbed by less than 1%. Excise tax collections dropped almost 3%.
Overall revenues increased by 0.5% — about the same as this year. The deficit? It climbed by $148 billion.
So, in other words, the government did better on revenues and deficits in the year after Trump's tax cuts went into effect than it did in Obama's last year in office."
Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
Hide my face?...time for more schooling:
FY2018 begins in the middle of 2017 calendar year, 8 months before tax-cuts actually hit the paychecks.
From there you have to do a very basic adjustment for inflation and baseline growth.
Nominal revenues increased 0.5% but JUST TO BE EQUAL IN REAL TERMS to FY2017, they should have been up by 4% (~2% inflation + ~2% expected economic growth).
You are completely clueless, talking about shit you fundamentally do not understand.
Snowflake, if you for one second try to claim Obama is responsible for repealing his own regulations, for making any effort to bring back factory jobs - which he publicly declared he would not do, and had any clue how to improve this economy - which he said could NOT be done, YOU are the one talking about things you do not understand / refuse to acknowledge.The tax cuts resulted in the largest amount of tax revenue in US history.Trump's 1.5T tax-cuts and extra spending ALREADY blew a bigger hole in the budget than Obama's policies.
.
This guy...
I would hide my face after this last post if I were you, too....
"Overall, federal revenues came in slightly higher in FY 2018 — up 0.5%.
Spending, on the other hand, was $127 billion higher in fiscal 2018. As a result, deficits for 2018 climbed $113 billion.
Let's compare these results with Obama's last full fiscal year in office, 2016.
Individual income tax revenues went up by a mere 0.3%, Treasury data show. Fiscal 2016 also saw a 13% drop in corporate income taxes. FICA tax collections climbed by less than 1%. Excise tax collections dropped almost 3%.
Overall revenues increased by 0.5% — about the same as this year. The deficit? It climbed by $148 billion.
So, in other words, the government did better on revenues and deficits in the year after Trump's tax cuts went into effect than it did in Obama's last year in office."
Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
Hide my face?...time for more schooling:
FY2018 begins in the middle of 2017 calendar year, 8 months before tax-cuts actually hit the paychecks.
From there you have to do a very basic adjustment for inflation and baseline growth.
Nominal revenues increased 0.5% but JUST TO BE EQUAL IN REAL TERMS to FY2017, they should have been up by 4% (~2% inflation + ~2% expected economic growth).
You are completely clueless, talking about shit you fundamentally do not understand.
again...What part of 'the strongest economy in the last 50 years',Where is that 4-5% GDP growth we were promised?Obama / snowflakes claiming Obama is responsible for economic success is like their claiming Barry being responsible for a reduction in gun violence after giving Mexican Drug Cartels thousands of automatic weapons and grenades......
2.x% growth is the strongest in 50 years?
Really retard?
Snowflake, if you for one second try to claim Obama is responsible for repealing his own regulations, for making any effort to bring back factory jobs - which he publicly declared he would not do, and had any clue how to improve this economy - which he said could NOT be done, YOU are the one talking about things you do not understand / refuse to acknowledge.The tax cuts resulted in the largest amount of tax revenue in US history.
.
This guy...
I would hide my face after this last post if I were you, too....
"Overall, federal revenues came in slightly higher in FY 2018 — up 0.5%.
Spending, on the other hand, was $127 billion higher in fiscal 2018. As a result, deficits for 2018 climbed $113 billion.
Let's compare these results with Obama's last full fiscal year in office, 2016.
Individual income tax revenues went up by a mere 0.3%, Treasury data show. Fiscal 2016 also saw a 13% drop in corporate income taxes. FICA tax collections climbed by less than 1%. Excise tax collections dropped almost 3%.
Overall revenues increased by 0.5% — about the same as this year. The deficit? It climbed by $148 billion.
So, in other words, the government did better on revenues and deficits in the year after Trump's tax cuts went into effect than it did in Obama's last year in office."
Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily
Hide my face?...time for more schooling:
FY2018 begins in the middle of 2017 calendar year, 8 months before tax-cuts actually hit the paychecks.
From there you have to do a very basic adjustment for inflation and baseline growth.
Nominal revenues increased 0.5% but JUST TO BE EQUAL IN REAL TERMS to FY2017, they should have been up by 4% (~2% inflation + ~2% expected economic growth).
You are completely clueless, talking about shit you fundamentally do not understand.
Not a single fucking thing in your post actually addressed the fact that revenues down in real terms, just as all forecasts said they will be due to tax-cuts.
You can't do economic analysis so you deflect to some bs instead.
