Who do You Trust with the Economy?

washunut said:

Did not hear him last night. What policies did he lay out that made you feel comfortable as to how he would help the economy?

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The one I remember was a public option for health care.

Oh, he also said he’d be straight with the American people.

2distracted said:

The lamestream media is the cause of the division. They can't give Trump credit for anything..they want a bad economy no matter who it hurts (long as it isn't them, that is) so Trump can't have the economy as a campaign talking point

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They give Trump credit when it is due — but it has to be due.
A couple of weeks ago, Trump said, “nobody could have predicted a pandemic.” This week, he said Obama had a plan for a pandemic but we didn’t like that plan, which contradicts his own words.
During the campaign, he criticized Obama for not having 3% annual gdp growth. Well, neither did he.
Trump was a critic of debt and deficits when campaigning and now has added more debt than any other president.
He said he was going to provide the best health care and is now in court trying to take health care away.
These are facts that can’t be blamed on the media.

RabidAlpaca said:

Not really, it continued the 8 consecutive years of growth at about the same rate as it did under Obama. Sooner or later, Republicans will crash the economy and blame a Democrat. Bush needed 7 years, Trump did it in 3. So much winning!

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Hmm, Obama admits 95% of income gains gone to top 1%

Obama admits 95% of income gains gone to top 1%

rickc said:

Historically the economy always does better with a democrat in the Whitehouse

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that's generally because the actions taken in the GOP administration before them start to kick in.

Trump throws crumbs to working people but big been steaks to the rich. That is where his true economic allegiance lays.

I would no more vote for Trump that I would vote from Vladimir Putin.

On second thought - those who vote for Trump are voting for Putin.

swing_voter said:

Trump can't deal with people taking the spotlight from him, Joe Biden can.

Joe Biden can hire extraordinary people to get the economy back on track, something that Trump can't do.

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Bingo! One will listen to experts, the other thinks he is an expert. Enough said....

PCB66 said:

Given the fact that Biden was part of the disastrous Obama administration that increased poverty, decreased family income, ran up debt, increased taxes and had dismal economic growth (without a pandemic economic shutdown) you would have to be a real idiot to trust him with the economy.

Of course I think we all know that if you would vote for a Democrat then you aren't exactly the brightest bulb in the Chandelier.

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We already know that the 40% of Trump supporters are real idiots. Tell us something we don't know.

mrdeltoid said:

We have this "states rights" thing here in the U.S. It's almost like 50 little countries in one. Trump did exactly what he was supposed to do. Each states governor knows his/her state best, and how to approach it. If you want to do some math that applies directly to the U.S., take a look at how the democrat states are mitigating compared to republican states. Fla and NY have about the same amount of people, with Fla. having a very high elderly population. NY has 345,813 cases and 22,304 deaths. Fla. has 43,210 cases and 1,875 deaths. Kind of speaks for itself. Look at Georgia! It's wide open, they have increased testing, and the cases are going down!
Politics aside, I don't think anybody really knows how the virus is going to react . Some of the strictest lockdown states have the highest counts, and some of the most relaxed states have the lowest counts. I'm not saying it's all cause and effect, I'm saying we need to try a bunch of different approaches, and learn from it. Here on DP? The dems blame the pubbies and vise versa. I'm guilty as well, childish. You would think we would unite against a common enemy, but no. I've never seen our country this polarized.

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And with Trump being a major contributor to polarization, why in the world would anyone want to give him another 4 more years? It's been nothing but pure chaos since day one. There is only one logical choice.

2distracted said:

The lamestream media is the cause of the division. They can't give Trump credit for anything..they want a bad economy no matter who it hurts (long as it isn't them, that is) so Trump can't have the economy as a campaign talking point

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What ever it takes. We need to beat Trump so using the pandemic as a means to expose his lack of leadership is fine with me. It wouldn't have mattered how the MSM covered all this. Trump can't lead. He has no plan.

He did announce today the new "Warp Speed" vaccine plan. Who's going to run it? The "Space Force"? Jesus everyone, we're dealing with a child at heart. Get rid of the MORON.

TurtleDude said:

that's generally because the actions taken in the GOP administration before them start to kick in.

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So your saying that George B left us in a good place waiting for his economic policy to kick in? Keep telling yourself that. I don't believe that George would even agree with you. Two wars, one devastating hurricane and a collapsed economy.

Some policy:lamo:lamo

TurtleDude said:

that's generally because the actions taken in the GOP administration before them start to kick in.

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Guess again.

aociswundumho said:

Neither will benefit the economy, but Trump will do far less damage.

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It's unbelievable how clueless you people choose to be:

Almost every major analysis of the legislation correctly predicted that revenues would fall in 2018 relative to a scenario without the tax cuts, with sources ranging from government entities such as the Congressional Budget Office and the Joint Committee on Taxation, to non-governmental think tanks such as the Tax Policy Center and the Tax Foundation, academic researchers in studies by Robert Barro and Jason Furman, and in analyses using the Penn-Wharton Budget Model.

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The 2018 tax-year revealed almost a trillion dollars gone as 91 companies of the Fortune 500 paid 0% taxes. This, as well as an immediate significant increase in spending in the 2018 Bill, increased debt. An easy graph:



- We can see clearly that Obama reached $4.3 trillion through Nov 1 in his second year (2010). This corresponds to the GOP-led Bush banking bail-outs that he inherited and then expanded on throughout 2009, along with increased spending.

- We can see clearly that Trump reached $3.1 trillion through Nov 1 in his second year (2018). This corresponds to his Tax-Cut and Jobs Act of 2017, along with increased spending.

Obama's total number comes from after eight years, which included his later tinkering with his Universal Health Care Act. Trump hasn't even completed his fourth year yet; and without the Great Recession biting his ass. He inherited a good economy and has embarked on no great program for the country. Under Trump, the debt has grown by roughly 15% in three years so far, and the Congressional Budget Office projected that it could swell by 43% more by the end of fiscal 2024 at current spending levels. Keep in mind that this was before the idiot began writing massive COVID checks to citizens and more bailouts to multi-million and billion dollar corporations. What great expensive program has this debt been a part of? Doesn't matter when he simply "doesn't care about debt," does it?

Trump will do less damage? Good grief, wake the hell up and smell the disaster.

MSgt said:

It's unbelievable how clueless you people choose to be:



The 2018 tax-year revealed almost a trillion dollars gone as 91 companies of the Fortune 500 paid 0% taxes. This, as well as an immediate significant increase in spending in the 2018 Bill, increased debt. An easy graph:

View attachment 67280739

- We can see clearly that Obama reached $4.3 trillion through Nov 1 in his second year (2010). This corresponds to the GOP-led Bush banking bail-outs that he inheriited and then expanded on throughout 2009, along with increased spending.

- We can see clearly that Trump reached $3.1 trillion through Nov 1 in his second year (2018). This corresponds to his Tax-Cut and Jobs Act of 2017, along with increased spending.

Obama's total number comes from after eight years, which included his later tinkering with his Universal Health Care Act. Trump hasn't even completed his fourth year yet; and without the Great Recession biting his ass. He inherited a good economy and has embarked on no great program for the country. The fool who "doesn't care about debt" is on his way to doubling Obama's, if he gets the chance to, and for what? What great expensive program has this debt been a part of? You think he is going to lighten up on his quest to shove ever more money upwards, while bankrupting the country, in his second term?

Trump will do less damage? The man is a disaster and has already created great damage that he will not have to deal with.

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The only good news I can see here is that Trump won't have a second term, God help us all. !!

The AntiDonald said:

The only good news I can see here is that Trump won't have a second term, God help us all. !!

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I'm not so sure. Our country includes a formidable mob of stupid people who sincerely believe that the nation should be brought down to their uneducated and moronic levels, rather than striving to better themselves in a way that would show that they deserve their voting rights.

To sum them up: "I fart, thus I vote."

Greenbeard said:

Guess again.

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its true, much of Clinton's good economy came from business belt tightening under GHWB plus him lucking out due to the dot.com bubble

Checkerboard Strangler said:

Are you better off than you were four years ago?

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Hell yes, acts of virus aside. A lot better.

aociswundumho said:

Neither will benefit the economy, but Trump will do far less damage. The ideal president would be one who would do nothing. As Adam Smith pointed out over 200 years ago:

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A valid approach. That said, Adam Smith was cutting edge for his day but not for ours.

The AntiDonald said:

We already know that the 40% of Trump supporters are real idiots. Tell us something we don't know.

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That's not a picture; it's a mirror.

Greenbeard said:

Guess again.

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He had it right.

The AntiDonald said:

The only good news I can see here is that Trump won't have a second term, God help us all. !!

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It looks very much like he will. The betting odds favor Trump by over 9%.

The country favors aggressively reopening the country. Some upshots are that it is clear schools will be open on schedule for fall term and the NFL will likely play a full season. All that is left are details on the precautions. Over the last two years, healthcare has polled the most important issue. That has not changed, yet. The economy is surging in recent polls and may soon pass healthcare as the issue on most people's minds. The economy has always been the strongest part of Trump's poll numbers. That has not changed. He is still +7.9% in the RCP average.

The AntiDonald said:

We already know that the 40% of Trump supporters are real idiots. Tell us something we don't know.

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We know that the idiots that elected Slick Willy, voted for that nitwit Gore, voted for that asshole traitor Kerry, elected Obama and voted for Crooked Hillary are not exactly chugging on all cylinders, don't we?

The Obama/Biden administration was absolutely a disaster by any measurement available and somebody would have to be a real moron to think that this corrupt dullard clown Biden should be President, wouldn't they?

Of course these Moon Bats are not exactly known for ever getting it right at the polls, are they?

Biden is an embarrassment to the United States so that pretty well makes the sonofabitch a great Presidential nominee for the Party of Moon Bats, wouldn't you agree?

MSgt said:

It's unbelievable how clueless you people choose to be:

The 2018 tax-year revealed almost a trillion dollars gone as 91 companies of the Fortune 500 paid 0% taxes.

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Companies don't pay taxes, only people can pay taxes. If you tax trees, the tree doesn't pay it, the owner of the tree pays it. I support tax cuts for rich or poor, doesn't matter. Any tax cut is good.

This corresponds to his Tax-Cut and Jobs Act of 2017, along with increased spending.

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You're right, spending should be drastically cut. That's Congress' responsibility.

Keep in mind that this was before the idiot began writing massive COVID checks to citizens

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Thus giving them back a tiny bit of what they paid in taxes. That's always a good thing.

aociswundumho said:

Companies don't pay taxes, only people can pay taxes. If you tax trees, the tree doesn't pay it, the owner of the tree pays it. I support tax cuts for rich or poor, doesn't matter.

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First of all, you are very wrong. Earnings are filed for corporations. The fact that this filing process occurs because "people" do the paperwork does not validate your philosophical nonsense. Investors file their own earnings, which has been greatly increased on the simple fact that the corporation itself pays none.

Second, you are very wrong. Corporations are "citizens" by law. Only now, thanks to the 2017 Tax-Cut and Jobs Act, these citizens are special and no longer have to pay taxes. This means much more money for the wealthy elite investors, many of whom knew even in 2017 what their "permanent" tax cuts meant. These were the loop holes that Trump and the GOP provided their political donors, while any half-assed argument Democrats made was disregarded as being merely "partisan."

Funny how the wealthy elite want their cake and rub it in our faces too, while patting some tax-paying citizens on the head for defending them.

aociswundumho said:

Any tax cut is good.

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Were your tax-cuts permanent? No, "any" tax cut is not good. You live in a society and your taxes are a way of earning your place. The wealthy are hardly earning that anymore.

aociswundumho said:

You're right, spending should be drastically cut. That's Congress' responsibility.

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Yet, you posted that Trump is better for the economy. It was his GOP that pumped up Defense spending for the political points for Trump. The fact that Democrats signed along does not change that this involved White House leadership that encouraged the Republicans. And of course, this came directly after his Tax-Cut and Jobs Act, which significantly reduced government revenue. So how exactly do you reconcile that mess with the notion that the economy is better off with Trump? Wasn't it he, the silver-spooned elitist, who declared that he doesn't care about debt? The man has begged you to recognize that he simply does not give a ****, and you simply shrug off and hand him your checkbook.

aociswundumho said:

Thus giving them back a tiny bit of what they paid in taxes. That's always a good thing.

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Especially when a tiny bit helps distract from the fact that the wealthy are throwing themselves economic parades. Do you realize that those who no longer pay taxes are getting bailouts from your tax money? In other words, and like I stated ten sentences ago, you earned your "tiny bit" back by paying your taxes...like a good citizen should.

MSgt said:

First of all, you are very wrong. Earnings are filed for corporations. The fact that this filing process occurs because "people" do the paperwork does not validate your philosophical nonsense. Investors file their own earnings, which has been greatly increased on the simple fact that the corporation itself pays none.

Second, you are very wrong. Corporations are "citizens" by law. Only now, thanks to the 2017 Tax-Cut and Jobs Act, these citizens are special and no longer have to pay taxes. This means much more money for the wealthy elite investors, many of whom knew even in 2017 what their "permanent" tax cuts meant. These were the loop holes that Trump and the GOP provided their political donors, while any half-assed argument Democrats made was disregarded as being merely "partisan."

Funny how the wealthy elite want their cake and rub it in our faces too, while patting some tax-paying citizens on the head for defending them.



Were your tax-cuts permanent? No, "any" tax cut is not good. You live in a society and your taxes are a way of earning your place. The wealthy are hardly earning that anymore.



Yet, you posted that Trump is better for the economy. It was his GOP that pumped up Defense spending for the political points for Trump. The fact that Democrats signed along does not change that this involved White House leadership that encouraged the Republicans. And of course, this came directly after his Tax-Cut and Jobs Act, which significantly reduced government revenue. So how exactly do you reconcile that mess with the notion that the economy is better off with Trump? Wasn't it he, the silver-spooned elitist, who declared that he doesn't care about debt? The man has begged you to recognize that he simply does not give a ****, and you simply shrug off and hand him your checkbook.



Especially when a tiny bit helps distract from the fact that the wealthy are throwing themselves economic parades. Do you realize that those who no longer pay taxes are getting bailouts from your tax money? In other words, and like I stated ten sentences ago, you earned your "tiny bit" back by paying your taxes...like a good citizen should.

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If corporations are "citizens" should they be able to vote since they are taxed?

TurtleDude said:

If corporations are "citizens" should they be able to vote since they are taxed?

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Can the catch STD?

BahamaBob said:

Can the catch STD?

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Maybe Larry Flint enterprises can!

Anyone who thinks any major corporation doesn't pay taxes should lay off the kool-aid. People always cite Amazon so we can look at them. They have about 600,000 employees. That means they are matching the Social Security and Medicare Tax for all those people. They are paying millions every day in sales tax for all the supplies they buy. They are paying utility taxes. They are paying property taxes. Anyone making a profit or getting a dividend from their stock is paying a tax.

Corporations are encouraged to expand, hire more people, pay health insurance and other benefits in lieu of taking a profit. Unlike some on this site the government is smart enough to know that 600,000 well paid employees pay a lot of taxes. They are also smart enough to know that if they allow this company to expand to a million employees they will make even more. Instead of getting a one time tax on a year's profit, they get a steady tax income from thousands of new employees every year.

MTAtech said:

The one I remember was a public option for health care.

Oh, he also said he’d be straight with the American people.

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If by public option means ACA not sure that gets us where we need to be. Would rather see some form of Medicare for all which would include the various add on plans similar to what seniors can by now.

I don't believe in any president being straight with the American people.

TurtleDude said:

that's generally because the actions taken in the GOP administration before them start to kick in.

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What policies passed under George HW Bush kicked in two years after he was out of office that gave Clinton huge economic growth and four years of budget surpluses starting in 1997?
What policies under his son gave use a recovery starting in 2012?