Trump's New Year Message

Joined: 08 May 2013, 01:45

21 Dec 2017, 14:44 #2341

Damon wrote:  There is no way the GNP can expand enough to cover the losses and debt will escalate while social programs are cut back.
You sure about that?  All kinds of "impossible" things are proving possible.  Economists predicted that there was no way Trump's first year would see 3% economic growth.  It's looking like 4th quarter numbers will have it at 3.2 or 3.3% defying most economic/media predictions.  Trump promised he'd get it to 4% or higher and managed to get this far without  even tax reform.  Impossible they all said!  Now with tax reform it sure looks like PDT's prediction of breaking 4% is absolutely possible, if not likely.  

Who can forget the left's iconic oracle Paul Krugman's dire election night prediction of economic doom   "It really does look like 'President Donald Trump' and markets are plunging. If the question is when markets will recover, a first-pass answer is 'never'".   I wonder if Dr. Krugman has looked at the markets lately.....
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t
Joined: 11 Aug 2007, 04:04

22 Dec 2017, 14:53 #2342

15CMask wrote: Oh poor Rosie.  Let's leave her alone- she has larger problems than attempted bribery of public officials.

On a lighter note; this ought to ease the minds of they hysterical- because no doubt they are getting their news from CNN or MSNBC and would not have learned this.   However, I suppose that the truly unhinged haters are not quite ready to let go of their anger.  Maybe they never will.  For the rest of you concerned that Schumer and Pelosi are telling the truth, giggle this may help:

https://www.investors.com/politics/edit ... -it-works/

The Tax Policy Center (TPC), a liberal think tank, noted that more than 80% of Americans will get tax cuts under the plan just passed. And the benefits will go to every income group, not "billionaires." This, by the way, is bolstered by other recent analyses by Congress' Joint Committee on Taxation and by the widely respected nonpartisan Tax Foundation.

TPC estimates an average tax cut of about $2,140 per person. By the way, some 16% of the richest Americans — those in the top 0.1% of incomes — will face an average tax increase of $387,610.

Brian Riedl of the Manhattan Institute, further crunching the TPC numbers, found that while the top 1% of incomes now pay 27% of all federal taxes, they will get just 21% of the tax cuts. The bottom 80%, including the middle class, pays only 33% of all taxes, but will take home 35% of the tax cuts.

Of the 12% who will face tax hikes, they're overwhelmingly among the rich — not the middle class.
So, no, it's not "tax cuts for the rich." That's a totally bogus argument.

For that matter, so are the arguments that tax cuts tank the economy. History is replete with examples of why that isn't true.

The tax cuts on corporations and small, pass-through businesses, along with letting companies immediately expense the cost of new equipment, should lead to more business investment. So should shrinking the death tax, which should encourage more small-business investment.

How much more is an open question, but the Heritage Foundation, which employs a widely used economic model, estimates that the tax cuts will tack on 2.2% to long-term GDP, or roughly $3,000 per household.

That estimate includes a 4.5% jump in capital investment, mainly in equipment, and a hefty 9.4% gain in business structures. Along with expected rises in both the number of jobs and hours worked, after-tax wages for the average worker will be 3.5% higher than they would have been without the tax cuts.

Others see more modest, yet still significant, gains. The Tax Foundation, for instance, forecasts a long-term permanent rise of 1.7% in GDP and 1.5% for wages. It also sees 339,000 new jobs.

These aren't pie-in-the sky guesses. As history clearly shows, growth-oriented tax cuts such as these almost always have major benefits for the economy and for average workers. During the 20th century, big tax cuts in the 1920s (Harding, Coolidge), 1960s (Kennedy) and 1980s (Reagan) all yielded major growth dividends for the U.S. economy.

What's more, those past major tax cuts were to varying degrees bipartisan. Sadly, not this time. Not one Democrat voted for them. Not one.

That's why the Democrats and progressive left have become so utterly unhinged. They've failed to stop the one thing that might deny them a chance to retake both houses of Congress in the 2018 midterm elections: an economic boom.

When the economy really begins cooking, with the economy growing close to 3%, hundreds of thousands of new jobs being created and workers seeing more in their paychecks, how will they explain that to their constituents?
you fool

average tax cut of 2140

here is the math

give 10 people a tax cut, one gets 20000 dollar cut, 9 get 1 dollar, average tax cut is 2000 bucks

average working person might get 12 bucks a week on this plan, the debt balloons, passed on to future generations

just like it did under Reagan
just like it did under Bush jr
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Joined: 25 Jun 2007, 22:00

22 Dec 2017, 15:27 #2343

t wrote:
15CMask wrote: Oh poor Rosie.  Let's leave her alone- she has larger problems than attempted bribery of public officials.

On a lighter note; this ought to ease the minds of they hysterical- because no doubt they are getting their news from CNN or MSNBC and would not have learned this.   However, I suppose that the truly unhinged haters are not quite ready to let go of their anger.  Maybe they never will.  For the rest of you concerned that Schumer and Pelosi are telling the truth, giggle this may help:

https://www.investors.com/politics/edit ... -it-works/

The Tax Policy Center (TPC), a liberal think tank, noted that more than 80% of Americans will get tax cuts under the plan just passed. And the benefits will go to every income group, not "billionaires." This, by the way, is bolstered by other recent analyses by Congress' Joint Committee on Taxation and by the widely respected nonpartisan Tax Foundation.

TPC estimates an average tax cut of about $2,140 per person. By the way, some 16% of the richest Americans — those in the top 0.1% of incomes — will face an average tax increase of $387,610.

Brian Riedl of the Manhattan Institute, further crunching the TPC numbers, found that while the top 1% of incomes now pay 27% of all federal taxes, they will get just 21% of the tax cuts. The bottom 80%, including the middle class, pays only 33% of all taxes, but will take home 35% of the tax cuts.

Of the 12% who will face tax hikes, they're overwhelmingly among the rich — not the middle class.
So, no, it's not "tax cuts for the rich." That's a totally bogus argument.

For that matter, so are the arguments that tax cuts tank the economy. History is replete with examples of why that isn't true.

The tax cuts on corporations and small, pass-through businesses, along with letting companies immediately expense the cost of new equipment, should lead to more business investment. So should shrinking the death tax, which should encourage more small-business investment.

How much more is an open question, but the Heritage Foundation, which employs a widely used economic model, estimates that the tax cuts will tack on 2.2% to long-term GDP, or roughly $3,000 per household.

That estimate includes a 4.5% jump in capital investment, mainly in equipment, and a hefty 9.4% gain in business structures. Along with expected rises in both the number of jobs and hours worked, after-tax wages for the average worker will be 3.5% higher than they would have been without the tax cuts.

Others see more modest, yet still significant, gains. The Tax Foundation, for instance, forecasts a long-term permanent rise of 1.7% in GDP and 1.5% for wages. It also sees 339,000 new jobs.

These aren't pie-in-the sky guesses. As history clearly shows, growth-oriented tax cuts such as these almost always have major benefits for the economy and for average workers. During the 20th century, big tax cuts in the 1920s (Harding, Coolidge), 1960s (Kennedy) and 1980s (Reagan) all yielded major growth dividends for the U.S. economy.

What's more, those past major tax cuts were to varying degrees bipartisan. Sadly, not this time. Not one Democrat voted for them. Not one.

That's why the Democrats and progressive left have become so utterly unhinged. They've failed to stop the one thing that might deny them a chance to retake both houses of Congress in the 2018 midterm elections: an economic boom.

When the economy really begins cooking, with the economy growing close to 3%, hundreds of thousands of new jobs being created and workers seeing more in their paychecks, how will they explain that to their constituents?
you fool

average tax cut of 2140

here is the math

give 10 people a tax cut, one gets 20000 dollar cut, 9 get 1 dollar, average tax cut is 2000 bucks

average working person might get 12 bucks a week on this plan, the debt balloons, passed on to future generations

just like it did under Reagan
just like it did under Bush jr
You forgot Herbert Hoover :)
I should not be complaining. All my retirement plans are through the roof.
Please tell me when to get out a day ahead of time !
Don't you see that the whole aim of Newspeak is to narrow the range of thought?...   ..........
 George Orwell , 1984
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Joined: 01 Sep 2012, 12:06

22 Dec 2017, 15:58 #2344

Yeah - the US a really successful history of supply side economics.

Fool.
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Joined: 08 May 2013, 01:45

22 Dec 2017, 16:14 #2345

t wrote:
15CMask wrote: Oh poor Rosie.  Let's leave her alone- she has larger problems than attempted bribery of public officials.

On a lighter note; this ought to ease the minds of they hysterical- because no doubt they are getting their news from CNN or MSNBC and would not have learned this.   However, I suppose that the truly unhinged haters are not quite ready to let go of their anger.  Maybe they never will.  For the rest of you concerned that Schumer and Pelosi are telling the truth, giggle this may help:

https://www.investors.com/politics/edit ... -it-works/

The Tax Policy Center (TPC), a liberal think tank, noted that more than 80% of Americans will get tax cuts under the plan just passed. And the benefits will go to every income group, not "billionaires." This, by the way, is bolstered by other recent analyses by Congress' Joint Committee on Taxation and by the widely respected nonpartisan Tax Foundation.

TPC estimates an average tax cut of about $2,140 per person. By the way, some 16% of the richest Americans — those in the top 0.1% of incomes — will face an average tax increase of $387,610.

Brian Riedl of the Manhattan Institute, further crunching the TPC numbers, found that while the top 1% of incomes now pay 27% of all federal taxes, they will get just 21% of the tax cuts. The bottom 80%, including the middle class, pays only 33% of all taxes, but will take home 35% of the tax cuts.

Of the 12% who will face tax hikes, they're overwhelmingly among the rich — not the middle class.
So, no, it's not "tax cuts for the rich." That's a totally bogus argument.

For that matter, so are the arguments that tax cuts tank the economy. History is replete with examples of why that isn't true.

The tax cuts on corporations and small, pass-through businesses, along with letting companies immediately expense the cost of new equipment, should lead to more business investment. So should shrinking the death tax, which should encourage more small-business investment.

How much more is an open question, but the Heritage Foundation, which employs a widely used economic model, estimates that the tax cuts will tack on 2.2% to long-term GDP, or roughly $3,000 per household.

That estimate includes a 4.5% jump in capital investment, mainly in equipment, and a hefty 9.4% gain in business structures. Along with expected rises in both the number of jobs and hours worked, after-tax wages for the average worker will be 3.5% higher than they would have been without the tax cuts.

Others see more modest, yet still significant, gains. The Tax Foundation, for instance, forecasts a long-term permanent rise of 1.7% in GDP and 1.5% for wages. It also sees 339,000 new jobs.

These aren't pie-in-the sky guesses. As history clearly shows, growth-oriented tax cuts such as these almost always have major benefits for the economy and for average workers. During the 20th century, big tax cuts in the 1920s (Harding, Coolidge), 1960s (Kennedy) and 1980s (Reagan) all yielded major growth dividends for the U.S. economy.

What's more, those past major tax cuts were to varying degrees bipartisan. Sadly, not this time. Not one Democrat voted for them. Not one.

That's why the Democrats and progressive left have become so utterly unhinged. They've failed to stop the one thing that might deny them a chance to retake both houses of Congress in the 2018 midterm elections: an economic boom.

When the economy really begins cooking, with the economy growing close to 3%, hundreds of thousands of new jobs being created and workers seeing more in their paychecks, how will they explain that to their constituents?
you fool

average tax cut of 2140

here is the math

give 10 people a tax cut, one gets 20000 dollar cut, 9 get 1 dollar, average tax cut is 2000 bucks

average working person might get 12 bucks a week on this plan, the debt balloons, passed on to future generations

just like it did under Reagan
just like it did under Bush jr
Perhaps you should take your little formula over to the Tax Policy Center and share it with your friends....
Meanwhile, Merry, Merry!
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t
Joined: 11 Aug 2007, 04:04

22 Dec 2017, 16:27 #2346

15CMask wrote:
t wrote:
15CMask wrote: Oh poor Rosie.  Let's leave her alone- she has larger problems than attempted bribery of public officials.

On a lighter note; this ought to ease the minds of they hysterical- because no doubt they are getting their news from CNN or MSNBC and would not have learned this.   However, I suppose that the truly unhinged haters are not quite ready to let go of their anger.  Maybe they never will.  For the rest of you concerned that Schumer and Pelosi are telling the truth, giggle this may help:

https://www.investors.com/politics/edit ... -it-works/

The Tax Policy Center (TPC), a liberal think tank, noted that more than 80% of Americans will get tax cuts under the plan just passed. And the benefits will go to every income group, not "billionaires." This, by the way, is bolstered by other recent analyses by Congress' Joint Committee on Taxation and by the widely respected nonpartisan Tax Foundation.

TPC estimates an average tax cut of about $2,140 per person. By the way, some 16% of the richest Americans — those in the top 0.1% of incomes — will face an average tax increase of $387,610.

Brian Riedl of the Manhattan Institute, further crunching the TPC numbers, found that while the top 1% of incomes now pay 27% of all federal taxes, they will get just 21% of the tax cuts. The bottom 80%, including the middle class, pays only 33% of all taxes, but will take home 35% of the tax cuts.

Of the 12% who will face tax hikes, they're overwhelmingly among the rich — not the middle class.
So, no, it's not "tax cuts for the rich." That's a totally bogus argument.

For that matter, so are the arguments that tax cuts tank the economy. History is replete with examples of why that isn't true.

The tax cuts on corporations and small, pass-through businesses, along with letting companies immediately expense the cost of new equipment, should lead to more business investment. So should shrinking the death tax, which should encourage more small-business investment.

How much more is an open question, but the Heritage Foundation, which employs a widely used economic model, estimates that the tax cuts will tack on 2.2% to long-term GDP, or roughly $3,000 per household.

That estimate includes a 4.5% jump in capital investment, mainly in equipment, and a hefty 9.4% gain in business structures. Along with expected rises in both the number of jobs and hours worked, after-tax wages for the average worker will be 3.5% higher than they would have been without the tax cuts.

Others see more modest, yet still significant, gains. The Tax Foundation, for instance, forecasts a long-term permanent rise of 1.7% in GDP and 1.5% for wages. It also sees 339,000 new jobs.

These aren't pie-in-the sky guesses. As history clearly shows, growth-oriented tax cuts such as these almost always have major benefits for the economy and for average workers. During the 20th century, big tax cuts in the 1920s (Harding, Coolidge), 1960s (Kennedy) and 1980s (Reagan) all yielded major growth dividends for the U.S. economy.

What's more, those past major tax cuts were to varying degrees bipartisan. Sadly, not this time. Not one Democrat voted for them. Not one.

That's why the Democrats and progressive left have become so utterly unhinged. They've failed to stop the one thing that might deny them a chance to retake both houses of Congress in the 2018 midterm elections: an economic boom.

When the economy really begins cooking, with the economy growing close to 3%, hundreds of thousands of new jobs being created and workers seeing more in their paychecks, how will they explain that to their constituents?
you fool

average tax cut of 2140

here is the math

give 10 people a tax cut, one gets 20000 dollar cut, 9 get 1 dollar, average tax cut is 2000 bucks

average working person might get 12 bucks a week on this plan, the debt balloons, passed on to future generations

just like it did under Reagan
just like it did under Bush jr
Perhaps you should take your little formula over to the Tax Policy Center and share it with your friends....
Meanwhile, Merry, Merry!
Perhaps you should learn to read, count or think independently
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Joined: 25 Jun 2007, 22:00

22 Dec 2017, 17:35 #2347

The difference between mean and median is crucial to understanding the significance of data.
It is not a "little formula".
You have tweeked me in my math basement.
Don't you see that the whole aim of Newspeak is to narrow the range of thought?...   ..........
 George Orwell , 1984
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Joined: 08 May 2013, 01:45

23 Dec 2017, 00:01 #2348

I guess we'll see.  Merry Christmas to all.  See you in 2018!  The president's State of the Union address will be fun.
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Joined: 01 Sep 2012, 12:06

24 Dec 2017, 10:48 #2349

t wrote:
15CMask wrote:
t wrote:you fool

average tax cut of 2140

here is the math

give 10 people a tax cut, one gets 20000 dollar cut, 9 get 1 dollar, average tax cut is 2000 bucks

average working person might get 12 bucks a week on this plan, the debt balloons, passed on to future generations

just like it did under Reagan
just like it did under Bush jr
Perhaps you should take your little formula over to the Tax Policy Center and share it with your friends....
Meanwhile, Merry, Merry!
Perhaps you should learn to read, count or think independently
Now THAT would be the Christmas Miracle.
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Joined: 02 Apr 2011, 03:07

24 Dec 2017, 16:40 #2350

FYI - FBI investigates Russian-linked Cyprus bank accused of money laundering — the Guardian

https://www.theguardian.com/us-news/201 ... collection
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Joined: 30 Mar 2007, 04:27

26 Dec 2017, 03:05 #2351

There is nothing new under the sun...and it is just question of time until it all becomes apparent.
You make a living by what you get. You make a life by what you give..
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Joined: 02 Jul 2014, 19:56

26 Dec 2017, 13:04 #2352

"There is nothing new under the sun..."



Nothing? There must me some little thing somewhere!
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Joined: 23 Dec 2007, 03:06

04 Jan 2018, 14:12 #2353

  So a book has been published that quotes Bannon saying that Trump is an idiot, so Bannon gets sued for betraying a state secret.  Sounds like something Stalin might do.

-- peregrine

This thread has been dormant for too long.  Happy New Year.
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Joined: 02 Apr 2011, 03:07

04 Jan 2018, 14:28 #2354

[Daytime, President Trump is at his desk inside Oval Office]

STAFF: “Mr. President there is proof of Climate Change”.

POTUS:”wwwwwhat?!”

STAFF: “Look out the window.”

[POTUS still seated wheels his chair over to the window digging his heels into the carpet - he then pressed his nose against the window.]

POTUS [exclaims gutterely]: “NoooooOOOOOOOO!”

#BLUEtsunami
@BLUEtsunami

[POTUS falls out of chair]
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Joined: 04 Jun 2006, 00:10

06 Jan 2018, 15:17 #2355

Thanks to the POTUS for letting us know he is a very stable genius! For a fascinating and revealing look at the guy, check out Donald Trump Didn’t Want to Be President

According to him, he's "like, really smart!"

It is so reassuring to know this!
"What can be asserted without proof can be dismissed without proof." - Christopher Hitchens
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Joined: 02 Jan 2008, 06:30

06 Jan 2018, 19:29 #2356

507DC0E1-7309-4D27-BBB8-82F94617BB7A.jpeg
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Joined: 25 Jun 2007, 22:00

06 Jan 2018, 20:22 #2357

I am glad you all can still laugh. I am finding it very difficult.
Don't you see that the whole aim of Newspeak is to narrow the range of thought?...   ..........
 George Orwell , 1984
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Joined: 05 Jan 2008, 05:22

06 Jan 2018, 21:10 #2358

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Joined: 02 Jan 2008, 06:30

06 Jan 2018, 21:46 #2359

Damon wrote: I am glad you all can still laugh. I am finding it very difficult.
I do plenty of screaming, crying, choking with disgust. But occasionally it is good to find a way to laugh. Life is too damn short my friend to get too worked up on things you can’t control.
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Joined: 02 Apr 2011, 03:07

08 Jan 2018, 21:25 #2360

“Full Frontal” hosted by Samantha Bee clip below.

The show is a half hour and recorded live Wednesday’s on TBS and they send me a free link on Thursday.  The show is back from vacation.

In this FIVE MINUTE segment two Full Frontal reporters are hoping to get some practical approaches to protesting the POTUS - from a crowd in sunny L.A. last summer.

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