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re: Sorry guys I am with weirdo Musk on this one. He is right there is too much BS in the BBB

Posted on 6/5/25 at 5:14 am to
Posted by GeauxldenGuy
Frierson
Member since Jan 2016
392 posts
Posted on 6/5/25 at 5:14 am to
Your professor was as conservative as the most extreme socialist?
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
131696 posts
Posted on 6/5/25 at 5:31 am to
quote:

Trickle down economics is bullshite, I studied it in grad school decades ago with a professor that was so conservative he was practically a NAZI and he openly scoffed at it. That’s how you get the 1% owning vast majority of everything.
I have never had a conversation with someone opposing "trickle down economics" who had a clue about what they were actually discussing. I doubt today will be any different.

Unless one is willing to risk starting his/her own business, the economics are going to trickle from somewhere, be that a business or be it the government. Therein you have encapsulation of Capitalism vs Marxism. Both are trickle down. The difference is simply the source of the trickle.
Posted by lsufan112001
sportsmans paradise
Member since Oct 2006
10953 posts
Posted on 6/5/25 at 5:36 am to
I agree. Bill should be 2-3 sentences.
Article 1: stop spending money on shitty “movements”

Article 2: F them Taxes

Article 3: Term Limits for all
——-
This machine won’t be stopped. Rs and Ds are at the pot lapping up taxpayer money with their forked tongues. They could care less about anyone , that’s what got them there.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
131696 posts
Posted on 6/5/25 at 5:57 am to
quote:

Terrible bill, the boomers will love it

Posted by Nosevens
Member since Apr 2019
14775 posts
Posted on 6/5/25 at 6:16 am to
The idea that you or anyone else suggests that the idea of trickle down economics or the mention of a professor scoffed at is a laugh all by itself as there was never any policy of it. It was first mentioned as part of a comedian skit that plan by a 1930’s and then from a rival politician of Reagan. If a professor scoffed at the idea then maybe he wasn’t a conservative after all
Posted by Chief One Word
Eastern Washington State
Member since Mar 2018
4254 posts
Posted on 6/5/25 at 6:19 am to
quote:


Article 2: F them Taxes

Article 3: Term Limits for all


Article 4: Lawyers can't run for public office.
Posted by lepdagod
Baton Rouge
Member since Jan 2015
4476 posts
Posted on 6/5/25 at 6:25 am to
quote:

Trickle down economics is bullshite,


Of course it is… it’s based on a faulty premise to start with… it allows the rich to. hoard wealth and resources.., business owners make more money and find innovative ways to pay less for labor… people make the silly argument “do people flipping burgers deserve 20$ hour”,,, when in reality that company their flipping burgers for worth more than company’s paying employees decent salaries… trickle down economics = profit over everything
Posted by SlidellCajun
Slidell la
Member since May 2019
13704 posts
Posted on 6/5/25 at 6:33 am to
quote:

Term limits is the only thing that can fix this country, but it will never happen.


Term limits has its drawbacks. A termed politician will be an easy mark for lobbyists who need a vote…
Posted by RCDfan1950
United States
Member since Feb 2007
37379 posts
Posted on 6/5/25 at 6:34 am to
‘Government’ has become the source for both societal employment and unemployment (subsidies) which deliver basic life goods and services to all. If Government goes down the BGS Infrastructure goes down with it and those who believe that Gold or Bitcoin can insulate them from calamity are dreaming. Many are essentially unemployable and that will not change as such is a psychological problem. I have no idea how continued spending and ultimate collapse is averted. I hope someone does.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
108489 posts
Posted on 6/5/25 at 6:38 am to
quote:

Trickle down economics is bullshite,


Real income goes up for middle class every time there alare tax cuts, as do revenues into the federal government.

Every
Time

Spending is the issue. It always has been. Always will be.

Does this cut as much as I want? No, it doesnt.

You know why? Because there are constraints to what can be included in a reconciliation.

Once again, grandstanding are forsaking the good because it is not perfect.

Posted by FriendofBaruch
Member since Mar 2025
747 posts
Posted on 6/5/25 at 6:41 am to
quote:

Terrible bill, the boomers will love it because they love trump and they'll be dead.

Their grandkids will live in a fallen state.
so when does YOUR assignment of running the biggest government in human history begin? done any country running yet, moron?

Your asinine ignorance is taught to you by marxist agitators who you have joined.

So when is it your governance - will you ever start responsibility?

Tell your Bolshevik murderer pals of your plan to denigrate other Americans for unadulterated bullshite.

Or better yet take your goddam turn at running things whenever you receive your assignment, jackazz
Posted by TBoy
Kalamazoo
Member since Dec 2007
26268 posts
Posted on 6/5/25 at 6:43 am to
Musk isn’t even addressing the math honestly. There is no way to reduce or eliminate the deficit and do a huge tax cut for wealthy people and large corporations.
Posted by jimmy the leg
Member since Aug 2007
40001 posts
Posted on 6/5/25 at 7:26 am to
Cool beans on your opinion.

The only issue that I have with it is:


quote:

so conservative he was practically a NAZI



doesn’t compute.

No matter what the blue haired professors of today say, Nazis were far left…period.

Neo-Nazis were (and are…if they still exist in any real numbers) far right.
Posted by jimmy the leg
Member since Aug 2007
40001 posts
Posted on 6/5/25 at 7:28 am to
quote:

Therein you have encapsulation of Capitalism vs Marxism. Both are trickle down. The difference is simply the source of the trickle.


This
Posted by Turnblad85
Member since Sep 2022
3284 posts
Posted on 6/5/25 at 7:45 am to
quote:

FriendofBaruch




that is one triggered Boomer
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
131696 posts
Posted on 6/5/25 at 7:58 am to
quote:

large corporations
Pass through earnings translate to taxes captured elsewhere.

quote:

There is no way to reduce or eliminate the deficit and do a huge tax cut for wealthy people
Interesting.
How do you think punishing success works out in terms of economic growth?

Meanwhile, how does it work economically?
e.g., Selectively soaking the rich at Obama levels would generate $150-$250B/yr. Whereas a 5% sales tax would generate up to 6x that.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
131696 posts
Posted on 6/5/25 at 8:00 am to
quote:

that is one triggered Boomer
or maybe Baruch is the boomer and his friend is just taking up for him.
Posted by eddieray
Lafayette
Member since Mar 2006
18694 posts
Posted on 6/5/25 at 8:04 am to
It big but doesn’t sound so beautiful. What the chances of it getting through the senate? I’m asking I have no idea, I know it slipped through the house by 1.
Posted by Flats
Member since Jul 2019
25486 posts
Posted on 6/5/25 at 8:06 am to
quote:

I have never had a conversation with someone opposing "trickle down economics" who had a clue about what they were actually discussing. I doubt today will be any different.


It also has to be considered in the environment in which the term was coined. It's like talking about the Laffer Curve and pretending the predictions are always accurate regardless of current tax burden. There are hypothetical economic conditions where "trickle down" is a good principle and there are economic conditions where it would be a bad idea.
Posted by Taxing Authority
Houston
Member since Feb 2010
61069 posts
Posted on 6/5/25 at 8:17 am to
quote:

There is no way to reduce or eliminate the deficit and do a huge tax cut for wealthy people and large corporations.
As the great American philosopher Col. Sherman Potter would say... Horse cookies!

In 2007 our spending was $2.72T on $2.56T in revenue for a deficit of $160B. For 2024 we spent $6.75T on $4.9T in revenue for a deficit of $1.8T. Our revenues have doubled, but our deficit is 10x bigger. We have a spending problem not a revenue problem.

Second, the "middle class" pays, basically nothing. Nearly 50% pay no taxes. And government transfer payments... Medicare, Medicaid, SNAP, Social Security, make up 19% of all personal income.



Meanwhile... the top 1% pays 45% of the taxes, despite only having 25% of the total income.



"The Rich" aren't the problem here.
This post was edited on 6/5/25 at 8:19 am
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