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GOP tax cut not why economy is booming

Conservative said:
Right and the Democratic Congress had nothing to do with it OR the WORST RECOVERY in history?? how about answering the question what is it about liberalism that creates this kind of loyalty and inability to admit when you are wrong??

Only a leftist believes that the Obama results were acceptable, the electorate didn't agree. Romney isn't President, Romney wasn't elected President, and Obama lost the Congress in 2014, how do you explain it? Again, 4.4% U-3 and 9.4% U-6, what is the difference?? Which one truly matters? Maybe you ought to talk to the 3+ million more Americans working today or the 1 million more full time employees coming from the Part time group making it 4 million full time NEW taxpayers. I suggest you take some courses before spouting any more rhetoric, this is embarrassing
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Correct, the Democratic Congress had nothing to do with it. If you disagree, tell us what bills that they passed that caused the near depression. Of course, you won't because you can't. All you are capable of doing is blaming Democrats for bad news and assigning credit for good news to Republicans. It's really a tired and repetitive tail that you tell.
 
American said:
Why don't you just trot on back to your threads proving Bush caused all our problems. You're good at that, and not much else. BTW Barney Frank was the lying **** that caused the economy to tank.
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And not a shred of intelligence, no rebuttal, just lame deflection. My god, what the hell is wrong with some of you conservatives? Not a shred of honesty, intelligence, integrity.
 
Conservative said:
Right and the Democratic Congress had nothing to do with it OR the WORST RECOVERY in history?? how about answering the question what is it about liberalism that creates this kind of loyalty and inability to admit when you are wrong??

Only a leftist believes that the Obama results were acceptable, the electorate didn't agree. Romney isn't President, Romney wasn't elected President, and Obama lost the Congress in 2014, how do you explain it? Again, 4.4% U-3 and 9.4% U-6, what is the difference?? Which one truly matters? Maybe you ought to talk to the 3+ million more Americans working today or the 1 million more full time employees coming from the Part time group making it 4 million full time NEW taxpayers. I suggest you take some courses before spouting any more rhetoric, this is embarrassing
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Time after time you have told us that there are about 200,000 new job seekers entering the workforce each month. Therefore 3 million more Americans working today isn't really a big deal. We are at best just keeping up with new workers.
 
SmartCat;1068606243]Let's look at the big picture. George W. Bush inherited a growing economy from Bill Clinton. He left Barack Obama with the greatest economic downturn since the Great Depression. Obama inherited that and left Trump with a growing economy that has continued to grow. Will it continue to grow?
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I am not sure where you get your information but we went into recession in March 2001 before Bush had any economic plan in place so how is that a growing economy? You are showing how you buy rhetoric and ignore data, NBER will provide you the recession years, BEA.gov. provides GDP, and BLS labor numbers

S
o far Trump's economic policies have consisted of tax cuts that have gone mainly to corporations and rich people, and reductions in environmental regulations. Corporations have spent the vast majority of their tax cuts in stock buy backs, not raising salaries for employees.
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So tell me how did we get 3 plus million NEW taxpayers and 1 million part time employees going full time AFTER those tax cuts?? Your ignorance of data is staggering

The time to cut taxes is when the per capita gross domestic product is shrinking. The time to raise taxes is when it is growing. Republicans complained about deficit spending under Obama. Nevertheless:
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So 1.8% fourth qtr 2016, 1.2% first qtr 2017 is a growing economy?? looks like math isn't a strong subject for you either. Do you know when the fiscal year of the US is and what budget we operated under in 2017? Apparently not

Want to try and explain the largest MONTLY surplus in US history, APRIL 2018?


Economists are predicting ever greater deficits as a result of Trump's tax cuts. Why is it that Republicans only care about deficit spending when a Democrat is president?
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You are really good at accepting PREDICTIONS and IGNORING actual results. Did the economists predict four straight years of trillion dollar deficits under Obama, 09-12?? Stop buying predictions from leftwing sites and start doing your own research, Treasury.org will provide the data to you


Do you think that is remotely possible? What does that tell you about Trump's understanding of economics? By "better trade deals" Trump means higher tariffs. The immediate effect of higher tariffs will be higher consumer prices. These will be soon be followed by higher tariffs by our trade partners on what Americans are good at producing, like food. Trump did well in agricultural areas. Is that likely to continue when farmers have more difficulty in selling their produce abroad?
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Is that why jobs are being created and the GDP Growth doubled? Stop buying the media spin and think for a change. You ready to apologize for the 8 years of Obama, a community agitator who had zero leadership or management skills? Watch the election results in November to see how the public feels about the Trump results?

Really, you ought to do better research and stop letting the left manipulate you because the data you post is either out of context or wrong, totally meaningless. Learn to apologize when wrong and you will gain credibility
 
MTAtech said:
Correct, the Democratic Congress had nothing to do with it. If you disagree, tell us what bills that they passed that caused the near depression. Of course, you won't because you can't. All you are capable of doing is blaming Democrats for bad news and assigning credit for good news to Republicans. It's really a tired and repetitive tail that you tell.
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So the Democratic Congress had nothing to do with the recovery either? Do you know who controls the legislative process and purse strings? Please take an economics course. What did the Democrats offer to prevent the recession? Look, I grew up a Democrat, was a staunch JFK supporter and he is turning over in his grave seeing what has happened to the Democratic Party. You are a tool for the left, grow out of it
 
Conservative said:
So let's see, Democrats take control of Congress, stock market goes to 14.7, stock market tanks, all Bush's fault, Obama comes into office stock market goes over 17,000 yay Obama, 146 million Employed, employment goes down to 138 million by the end of 2009, all Bush's fault, Employment goes to 152 million when Obama leaves office 8 years later, yay Obama, 6 million jobs created of which 6 million are part time for economic reasons. Now economy is 155 million Working Americans under 5 million part time 7.8% U-6 and Stock market over 24,000. Thank you Obama!! Just think how great the economy would be today had he left earlier?
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As typical of conservatives, make up a narrative nobody made. Economy moves slow. THe economy tanked under Bush, who was presdient for 8 years. Plenty of time to have an impact on the economy. Obama took over a very poor economy bordering on a major depression, and in 8 years the economy rebounded. Trump inherited a strong economy and things have pretty much stayed the same. He has not been the president that long, and is taking credit for things he has nothing to do with.

That's the reality of economics. Play dumb partisan hack all you want and lie about what liberals actually argue. We know most of you cons don't read actual arguments anyway, because they destroy your fantasy view of the world
 
Floridafan said:
Time after time you have told us that there are about 200,000 new job seekers entering the workforce each month. Therefore 3 million more Americans working today isn't really a big deal. We are at best just keeping up with new workers.
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Time and again I have told you that Trump isn't competing against him self but rather Obama, 152 million employed, January 2017 when Obama left office and 155.3 million today. Looks like a pretty good increase to me and a 7.6% U-6 meaning an additional 1 million part time employees are now working part time on top of the 3.3 million new taxpayers. What do you have against new taxpayers and part time employees working full time?
 
Sampson Simpson said:
As typical of conservatives, make up a narrative nobody made. Economy moves slow. THe economy tanked under Bush, who was presdient for 8 years. Plenty of time to have an impact on the economy. Obama took over a very poor economy bordering on a major depression, and in 8 years the economy rebounded. Trump inherited a strong economy and things have pretty much stayed the same. He has not been the president that long, and is taking credit for things he has nothing to do with.

That's the reality of economics. Play dumb partisan hack all you want and lie about what liberals actually argue. We know most of you cons don't read actual arguments anyway, because they destroy your fantasy view of the world
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Yep 8 years is certainly slow movement. Suggest you take your issues up with the electorate who rejected the Obama legacy and record. You radicals certainly are loyal to the failed policies of the past, now wonder you hate the private sector as you cannot compete
 
KLATTU said:
3 pinocchios.

A Morgan Stanley survey found that analysts estimate 43 percent of tax cut savings will go to stock buybacks and dividends. 43 % is hardly a ' vast majority".:roll:


https://www.vox.com/policy-and-politics/2018/3/22/17144870/stock-buybacks-republican-tax-cuts
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Compared to the 13% going to workers, 43% is a vast majority.

Tax cut fuels record $200 billion stock buyback bonanza

Here's How America's Biggest Companies Are Spending Their Trump Tax Cuts (It's Not on New Jobs)

Other companies like AT&T, Walmart and Bank of America announced one-time bonuses of $1,000 for eligible employees as a result of tax cuts. But, a survey by Morgan Stanley predicted that workers would get 13% of the tax windfall – compared to 43% that was expected to go to investors in the form of stock buybacks and dividend increases.
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Conservative said:
Time and again I have told you that Trump isn't competing against him self but rather Obama, 152 million employed, January 2017 when Obama left office and 155.3 million today. Looks like a pretty good increase to me and a 7.6% U-6 meaning an additional 1 million part time employees are now working part time on top of the 3.3 million new taxpayers. What do you have against new taxpayers and part time employees working full time?
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he is just treading water, with all the new employees entering the work force.
 
Floridafan said:
he is just treading water, with all the new employees entering the work force.
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Your opinion and poorly formed one at that, 3.6% official unemployment?? What is full employment to you? What is encouraging are the full time jobs created and rising wages. What is it about liberalism that creates people like you?
 
Conservative said:
Your opinion and poorly formed one at that, 3.6% official unemployment?? What is full employment to you? What is encouraging are the full time jobs created and rising wages. What is it about liberalism that creates people like you?
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My dear, you can't even lie convincingly. There have never, NEVER been 155 million workers employed in the US. I should know by now that all you can do is lie.
 
Floridafan said:
My dear, you can't even lie convincingly. There have never, NEVER been 155 million workers employed in the US. I should know by now that all you can do is lie.
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Is that right?? better call BLS and tell them their data is wrong

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Years: 2008 to 2018

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301
2011 139250 139394 139639 139586 139624 139384 139524 139942 140183 140368 140826 140902
2012 141584 141858 142036 141899 142206 142391 142292 142291 143044 143431 143333 143330
2013 143292 143362 143316 143635 143882 143999 144264 144326 144418 143537 144479 144778
2014 145122 145161 145673 145680 145825 146267 146401 146522 146752 147411 147391 147597
2015 148113 148100 148175 148505 148788 148806 148830 149136 148810 149254 149486 150135
2016 150576 151005 151229 150978 151048 151164 151484 151687 151815 151939 152126 152233
2017 152076 152511 153064 153161 152892 153250 153511 153471 154324 153846 153917 154021
2018 154430 155215 155178 155181 155474
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I can now add you to the list of the most poorly informed radicals in this forum. Can you admit that you are wrong???
 
MTAtech said:
"A lot" do not. The Richest 10% of Americans Now Own 84% of All Stocks. That means that 90% own the other 16%.
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Great, 2016 numbers, look what Obama did for the rich!! How does any rich person prevent you from joining them? You are so jealous about what others have, what others earn. Grew up understanding personal responsibility which apparently alluded you. Never cared about what someone else earned, paid in taxes, or owned. Always strived to join them, where did you miss out?
 
Conservative said:
Great, 2016 numbers, look what Obama did for the rich!! How does any rich person prevent you from joining them? You are so jealous about what others have, what others earn. Grew up understanding personal responsibility which apparently alluded you. Never cared about what someone else earned, paid in taxes, or owned. Always strived to join them, where did you miss out?
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Did you develop all that personal responsibility while spending 7 days a week on message boards?
 
Floridafan said:
Did you develop all that personal responsibility while spending 7 days a week on message boards?
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Retired and had knee surgery, love being here making people like you and MTA look foolish. Retired 14 years ago as well but seem to be better educated and informed than you and the rest of the radical left. You could stop looking foolish by stop posting.

Posted numbers that you said didn't exist. suggest if you are going to spend time here then better learn how to research and stop posing false information or information out of context
 
Conservative said:
Retired and had knee surgery, love being here making people like you and MTA look foolish. Retired 14 years ago as well but seem to be better educated and informed than you and the rest of the radical left. You could stop looking foolish by stop posting.

Posted numbers that you said didn't exist. suggest if you are going to spend time here then better learn how to research and stop posing false information or information out of context
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Almost everything you post is one big fat lie, Habana. You are so FOS!
 
Conservative said:
Great, 2016 numbers, look what Obama did for the rich!! How does any rich person prevent you from joining them? You are so jealous about what others have, what others earn. Grew up understanding personal responsibility which apparently alluded you. Never cared about what someone else earned, paid in taxes, or owned. Always strived to join them, where did you miss out?
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As I said in a previous post, you blame Democrats for everything bad and credit Republicans for everything good. The only trouble is that you talk from both sides of your mouth. In a recent post, you showered praise on Republicans for stock gains that you said helped retirees. When I point out that most 84% of stocks are held by the top 10% -- you don't miss a beat doing a 180 degree spin, saying, 'See, that evil Obama showers the rich!'

It really is comical watching your Kabuki dance. Republicans good; Democrats bad.
 
Conservative said:
Retired and had knee surgery, love being here making people like you and MTA look foolish. Retired 14 years ago as well but seem to be better educated and informed than you and the rest of the radical left.
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You are indeed a legend in your own mind.
 
MTAtech said:
As I said in a previous post, you blame Democrats for everything bad and credit Republicans for everything good. The only trouble is that you talk from both sides of your mouth. In a recent post, you showered praise on Republicans for stock gains that you said helped retirees. When I point out that most 84% of stocks are held by the top 10% -- you don't miss a beat doing a 180 degree spin, saying, 'See, that evil Obama showers the rich!'

It really is comical watching your Kabuki dance. Republicans good; Democrats bad.
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No, I report the data and the facts that you counter with opinions or out of context data. "Your" President was a good person but a terrible leader and certainly no leadership experience. I personally liked Obama but he did a terrible job starting with the stimulus that bailed out PUBLIC sector workers that weren't having an employment problem and then bailed out supporter groups.

Sorry but I confuse you with the actual data and links which you counter with media reports. I was a JFK Democrat, what part of that don't you understand or doesn't register. I don't give a damn what stocks are held by whom nor do I care what those rich people earn, have or pay in taxes, why do you? All I see from you is class envy and promotion of class warfare. You will never see me posting reports of rich, I celebrate their success and hold you responsible for your lack of success
 
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