Donald Trump's Economic Policy Is Actually Pretty Good

Poitier

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The economy is on a bubble. We never really recovered from the recession in 08. We about to have the Great Depression 2.0 here soon

Not just us, the world is on a giant bubble.

Its hilarious reading the same dumb try hards talk about deficits and debt :dead:
 

TLR Is Mental Poison

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I dont think its a big deal, but it ls definately something to consider

If it was a zero factor, why not just debt finance the entire government and eliminate all revenue? Obviously there is a threshold for the amount of US treasuries the market can sustain, even if it is far and away.
Bruh the conservatives will default on US debt just on "principle"

Then rates will skyrocket.... and then wat.

Naw, we gotta do something about the balance, and spending. The fact that we are even having this conversation is a problem. Americans shouldnt be growing increasingly dependent on the govt
 

Dusty Bake Activate

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"I will sign a universal health care bill into law by the end of my first term as president that will cover every American and cut the cost of a typical family's premium by up to $2,500 a year." - Barack Obama, 6/23/2007
Okay. That's one statement in a speech at the beginning of his declared candidacy though. He backtracked on that real quick because during the whole primary he was pushing for a public option and state exchanges which isn't universal healthcare. That's one of the things Hillary got at him hard about during the debates--the fact that his proposal wasn't universal healthcare.
 

JahFocus CS

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Look, he came up with a tremendous plan that has all the economists, tax specialists, and professors going, "Why didn't anyone come up with this sooner?" And he's gotten a lot of people talking about all kinds of things. OK? People will be saving so much money under his tax plan that they'll be wondering what they will do with all of it. Trust Trump. OK? He's a tremendous guy with an amazing plan that will make America great again.
 

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Bruh the conservatives will default on US debt just on "principle"

Then rates will skyrocket.... and then wat.

Naw, we gotta do something about the balance, and spending. The fact that we are even having this conversation is a problem. Americans shouldnt be growing increasingly dependent on the govt
This comment is a little all over the place... I dont know how debt and tax cuts relates to dependancy on the gov?

@Poitier theres a difference between not believing the deficit hawks and not advocating for total debt financing of the government.
 

Poitier

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@Poitier theres a difference between not believing the deficit hawks and not advocating for total debt financing of the government.

Who said anything about "total?" Thats a misinterpretation of what I was saying. The point in printing money is to get people (not a few ridiculously rich dorks getting QE) spending to create real revenue, real growth, real jobs, infrastructure, etc.

Universal health care definitely won't bankrupt the US economy nor would getting rid of taxes for people making less than 50k. It'd actually free up the middle class to actually be progress the country, instead of stagnation.The fact that you have pompous and smug idiots in here pretending otherwise is quite hilarious, though.

Doesn't matter though because the idiots will win out and the bubble will pop for the US, Europe and China and all the developing economies will go with them.
 

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Who said anything about "total?" Thats a misinterpretation of what I was saying. The point in printing money is to get people (not a few ridiculously rich dorks getting QE) spending to create real revenue, real growth, real jobs, infrastructure, etc.

Universal health care definitely won't bankrupt the US economy nor would getting rid of taxes for people making less than 50k. It'd actually free up the middle class to actually be progress the country, instead of stagnation.The fact that you have pompous and smug idiots in here pretending otherwise is quite hilarious, though.

Doesn't matter though because the idiots will win out and the bubble will pop for the US, Europe and China and all the developing economies will go with them.

The actual tax burden for people making 50k a year at the federal and state level isnt that much. Most of the taxes they pay are sales taxes and other specified taxes like gasoline etc. I think there are more efficient ways of giving back to the middle class than tax cuts, the actual economic output per one dollar of tax cut was like 0.30 cents compared to 3.50 for food stamps
 

Poitier

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The actual tax burden for people making 50k a year at the federal and state level isnt that much. Most of the taxes they pay are sales taxes and other specified taxes like gasoline etc. I think there are more efficient ways of giving back to the middle class than tax cuts, the actual economic output per one dollar of tax cut was like 0.30 cents compared to 3.50 for food stamps

Thats why you print the money and instead of giving QE to the rich, you give it to the people and public goods projects that benefit them...

But can't do that, the deficit will bankrupt the country not like we aren't on a ticking bubble anyways :troll:
 

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Thats why you print the money and instead of giving QE to the rich, you give it to the people and public goods projects that benefit them...

But can't do that, the deficit will bankrupt the country not like we aren't on a ticking bubble anyways :troll:

You heard of Jeremy Corbyn? The New labour party leader in the UK... This is his exact idea. Imo theres better ways of doing this but id roll witvit :manny:
 

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This comment is a little all over the place... I dont know how debt and tax cuts relates to dependancy on the gov?
In the context of @Poitiernomics they are one in the same

He is hoping his six figure NYU student loan balances will work out the same. Just throw caution to the wind and hope it all works out :martin:
 

JahFocus CS

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I lose anywhere between 25% and 35% of the money I bust my ass for to government confiscation (taxes). Either cut taxes drastically or redirect that money from killing people with melanin to some programs that will actually benefit me. Since that latter is highly unlikely under Republicans and Democrats, let's go with the former, cut my motherfukking taxes.
 
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