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re: What is Trump's plan for inflation and reducing the federal deficit/debt?
Posted on 3/10/24 at 9:27 am to ReauxlTide222
Posted on 3/10/24 at 9:27 am to ReauxlTide222
quote:
Who should we vote for in order to reign in spending on those things?
Neither Trump nor Biden.
1
Posted on 3/10/24 at 9:28 am to RogerTheShrubber
quote:The issue is ...
Unless you continue to grow debt at a higher rate. Like Trump.
R E V E N U E ... not tax rate.
i.e., When does a government taxing at a 15% rate take in more taxes than one charging a 60% rate? When the 15% rate is assessed against a 5-fold larger basis.
A classic example of the importance of revenue rather than rate focus was the Clinton luxury tax. Catchment tax rates were substantially increased. Catchment tax revenue substantially decreased.
Posted on 3/10/24 at 9:28 am to ReauxlTide222
quote:
Who should we vote for in order to reign in spending on those things?
The message I get from the MAGA folks here is the economy is no longer really an issue because Trump cant do anything about it.
Which seems weird when they constantly praise his early years when the trajectory was the same as Obamas.
Posted on 3/10/24 at 9:28 am to Tight 10
quote:
Trump is filthy rich and has been POTUS…..
Yeah I’d say he’s more successful than you clowns.
Well so has Biden.
GUYS WE CAN'T CRITICIZE BIDEN ANYMORE PER TIGHT 10'S DECREE.
Shut down the board.
Posted on 3/10/24 at 9:29 am to NC_Tigah
quote:
Unless you continue to grow debt at a higher rate. Like Trump.
The issue is ...
R E V E N U E
Not if you continue signing spending bills you dont read with bloated budgets.
Posted on 3/10/24 at 9:30 am to SlowFlowPro
Biden made his money off bribes from foreign governments while an employee elected by the American people.
He should be in jail
He should be in jail
Posted on 3/10/24 at 9:31 am to SlowFlowPro
quote:
This amount is so insignificant it has no bearing in this discussion
We were told 4 billion for a border wall was just too much.
Posted on 3/10/24 at 9:31 am to Tight 10
quote:
Yeah I’d say he’s more successful than you clowns.
So is this whore if you are a superficial kind of chap.
I am satisfied with my life over hers.
quote:
Biden made his money off bribes from foreign governments
Hes richer than you, therefore more successful, correct?
This post was edited on 3/10/24 at 9:34 am
Posted on 3/10/24 at 9:32 am to Tight 10
quote:
Biden made his money off bribes from foreign governments while an employee elected by the American people.
He should be in jail
Sir, he has accomplished more in life than you could dream. You're not allowed to criticize him for this reason.
Posted on 3/10/24 at 9:32 am to Colonel Flagg
quote:
We were told 4 billion for a border wall was just too much.
LINK?
Which poster ITT said that?
Posted on 3/10/24 at 9:35 am to SlowFlowPro
Congress wouldn’t pass it
Posted on 3/10/24 at 9:38 am to Colonel Flagg
Trump winning this November Slow and Roger.
Think about that when you lay your head down at night and like it.
Think about that when you lay your head down at night and like it.
Posted on 3/10/24 at 9:39 am to Tight 10
quote:
Trump winning this November Slow and Roger.
Probably.
And nothing will change. Just like his previous 4 years.
quote:
Think about that when you lay your head down at night and like it.
Fantastic. More inflation.
This post was edited on 3/10/24 at 9:42 am
Posted on 3/10/24 at 9:41 am to Colonel Flagg
quote:
Congress wouldn’t pass it
For cost reasons or political reasons?
Posted on 3/10/24 at 9:42 am to RogerTheShrubber
quote:
You accepted Bernie Sanders style economic populism.
How ignorant are you? I'm being serious.
Posted on 3/10/24 at 9:43 am to NC_Tigah
quote:
The issue is ...
R E V E N U E
... not tax rate.
He wasn't referring to tax rates. He was referring to the rate of growth of the debt. You try to hard to sound smart by only sounding stupid.
Posted on 3/10/24 at 9:45 am to Tight 10
quote:
Biden made his money off bribes from foreign governments while an employee elected by the American people.
He should be in jail
Nothing new. We EXPECT the democrat to frick us. We didn’t expect our guy to frick us, after stating clearly that he wouldn’t. But, he did.
Now we’re expected to forget it and get fricked again, just because we all still EXPECT the democrat to frick us. Surely you see the lunacy in this. Screeching “rehire this man who fricked us and will again because immigration! judges! abortion! guns and ammo!” just doesn’t get it done anymore. It’s like the welfare brood mare holding up her toddler and screeching “you gotta pay me cause muh babeeeeee!”
Posted on 3/10/24 at 9:45 am to RogerTheShrubber
quote:
Fantastic. More inflation.
It's amazing how the Trump cultists completely absolve him of any responsibility regarding inflation. He owns his share of responsibility just like Biden.
Posted on 3/10/24 at 9:46 am to OccamsStubble
quote:
We EXPECT the democrat to frick us. We didn’t expect our guy to frick us, after stating clearly that he wouldn’t. But, he did.
Again, why Biden is irrelevant to this thread.
Posted on 3/10/24 at 9:46 am to BCreed1
Conservatives frown on deficit spending, period.
Keynesians (liberal) believe you need to deficit spend in down times to boost the economy.
Modern Monetary Theory (Democratic Socialists) believe deficit spending isnt a problem and it should be practiced even during times of full employment.
MAGA rails against the elites while supporting economic policies that benefit the elites over the working guy.
Keynesians (liberal) believe you need to deficit spend in down times to boost the economy.
Modern Monetary Theory (Democratic Socialists) believe deficit spending isnt a problem and it should be practiced even during times of full employment.
MAGA rails against the elites while supporting economic policies that benefit the elites over the working guy.
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