Why don’t republicans seem to understand the consequences of tax cuts?

[struth]

Business Cycle Dating

May 2020? that’s almost three years old

 

[struth]

You're an imbecile.

name calling…typical desperate behavior of a dembot trying to defend the indefensible

 

[The5thHorseman]

May 2020? that’s almost three years old

That was the start of the last recession.

They will update after the next.


You don't know anything.

 

[The5thHorseman]

name calling…typical desperate behavior of a dembot trying to defend the indefensible

No.....that's "nailing it".

 

[struth]

That was the start of the last recession.

They will update after the next.


You don't know anything.

so after this one ends?

 

[struth]

No.....that's "nailing it".

what were you trying to nail?

 

[The5thHorseman]

so after this one ends?

No....they would just post the start date...

You should embrace the fact that you are, as demonstrated, an imbecile.

 

[The5thHorseman]

what were you trying to nail?

Taxonomy.

 

[struth]

No....they would just post the start date...

You should embrace the fact that you are, as demonstrated, an imbecile.

when they update it after it ends…gotcha
.
well hopefully the experts are wrong and this recesssion doesn’t continue drag on

 

[The5thHorseman]

when they update it after it ends…gotcha
.
well hopefully the experts are wrong and this recesssion doesn’t continue drag on

So, you're an imbecile.

Gotcha.

 

[struth]

So, you're an imbecile.

Gotcha.

engaging with someone using 3 year old articles to prove their point makes me one

 

[Nostra]

Business Cycle Dating

You're an imbecile.

 

[The5thHorseman]

engaging with someone using 3 year old articles to prove their point makes me one

No...failing to understand that NBER determines recession dating, and announces a start date, REGARDLESS of whether an end date has been determined makes you one.

 

[struth]

No...failing to understand that NBER determines recession dating, and announces a start date, REGARDLESS of whether an end date has been determined makes you one.

yeah we don’t have an end date to the xiden recession yet

 

[The5thHorseman]

yeah we don’t have an end date to the xiden recession yet

We don't have a start date either.

 

[struth]

We don't have a start date either.

sure we do january 2022

 

[The5thHorseman]

sure we do january 2022

Who's "we"?

 

[Leweman]

Don't tax cuts always end up giving the government more money to piss away, starting with their personal wealth and power of course?

 

[struth]

Who's "we"?

those of us in reality

 

[Rust_Cohle]

Nope. Not even close. As of today.

As of today,

California’s Budget “Surplus” Ignores Crushing Debt Burden

California’s new governor, Gavin Newsom, delivered an inaugural address earlier this week that accurately reflected the mentality of his supporters. Triumphalist, defiant, and filled with grand plans. But are these plans grand, or grandiose? Will Governor Newsom try to deliver everything he...

californiapolicycenter.org

"To illustrate just how unusually swollen California’s current state tax revenues have gotten, compare state tax collections in FYE 6/30/2017 (our most recent available data) to seven years earlier, in 2010. Back in 2010, California was in the grip of the great recession. Total state tax revenue was $94 billion, and $44 billion of that was from personal income taxes. Skip to FYE 6/30/2017, and total state tax revenue was $148 billion, and $86 billion was from personal income taxes. This means that 80 percent of the increase in state tax revenue over the seven years through 6/30/2017 was represented by the increase is collections from individual taxpayers, which doubled."

You're looking at debt not budget which has had a surplus due to income and sales tax and we all know democrats don't balance the budget they just make more stupid plans to tax us to death