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That article is doing nothing more and nothing less than quoting what Biden has been saying. possibly damaging GDP report?
You're an idiot.You have no facts. They do not exist. You live in a virtual world of make believe, where you claim you have facts, but never produce any. It's all fantasy.don't need an expert. The facts are sufficient
Where are they? What are they? Exactly, they don't exist. You live in a world of lies and make believe.Not according to government statistics.
I'm going to try this again. There is zero evidence of that. Show us through documentation how Biden was responsible, "EXACTLY" for economic distress?don't need an expert. The facts are sufficient
It proved that the tax cuts generated nothing. Read the gd article you idiot.I doubt that's true, but how is that an example of a recession following a tax cut?
Cutting taxes increaes revenue to the government...
You can’t read either I guess. Carter left office in January. Even after he had 10% plus…. unemployment rates
Reagan’s Recession
In the depths of the 1981-1982 recession, Americans were far more displeased with their president and his policies than were their predecessors during the Great Depression, more so even than in today's high-unemployment economy.www.pewresearch.org
How do you know ? You just Have made up shit.I read your lie.
This is a weird discussion.
GDP is discussed in terms of GROWTH. If GDP increases, so too does the tax base (revenues) so it makes sense to measure revenue relative to GDP.
Claiming that revenue increases following a tax cut is silly since revenue always grows unless GDP declines. How MUCH revenue increases then needs to be measured as a factor of GDP
He also raised taxes after that tax cut...and increased the payroll tax for Social SecurityReagan raised taxes from 70% all the way up to 28%.
Are you stupid?So we can cut rates and revenues still go up? Awesome!
Let's do more of that.
And cut spending. A lot.
The Economic Recovery Act of 1981, also known as the Reagan tax cuts, was the biggest reduction in U.S. taxes of the past 70 years, possibly even the biggest ever. 1 That much is reasonably well-known.
What is less well-known is that these cuts were then followed by a series of tax increases that, if you add them all together, were almost as big as or even bigger than the 1981 cuts, depending on the measure you use.
How do you know ? You just Have made up shit.
He also raised taxes after that tax cut...and increased the payroll tax for Social Security
Unless we are in a recession, revenue ALWAYS increases.
People like you have been calling that theftI know, saved Social Security. Just awful!
Revenue increases...but debt increases moreI know. Cut taxes, revenue increases anyway.
Now cut spending.
A lot.
People like you have been calling that theft
Revenue increases...but debt increases more
Tax cuts never pay for themselves
