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| Trump’s budget really could make America great again. Will Congress allow him to do it? | |
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| Tweet Topic Started: May 22 2017, 06:45 PM (401 Views) | |
| Copper | May 22 2017, 06:45 PM Post #1 |
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Shortstop
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If they can reduce the debt then I don't care if someone who worked there for a few weeks talked to some Russians. Full disclosure, I have talked to Russians. http://www.foxnews.com/opinion/2017/05/22/trump-s-budget-really-could-make-america-great-again-will-congress-allow-him-to-do-it.html
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The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy | |
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| Steve Miller | May 22 2017, 06:46 PM Post #2 |
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Bull-Carp
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Not sure how great it will make America, but it will cut your taxes and turbocharge the deficit. Some guys like that. |
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Wag more Bark less | |
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| Copper | May 22 2017, 07:00 PM Post #3 |
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Shortstop
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It says the budget will be balanced in 10 years. That's great. It could be greater, but it is so much better than recent years. |
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The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy | |
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| Steve Miller | May 22 2017, 07:29 PM Post #4 |
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Bull-Carp
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Do you believe it? |
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Wag more Bark less | |
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| Copper | May 22 2017, 07:43 PM Post #5 |
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Shortstop
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It's numbers, you can add them up, it's pretty scientific. Will it really happen as written? No. But it is at least a try. If they never try it will never happen. |
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The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy | |
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| Larry | May 22 2017, 08:01 PM Post #6 |
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Mmmmmmm, pie!
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Steve, what it is that you don't understand about how money works? |
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 08:07 PM Post #7 |
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Bull-Carp
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Fair enough. How do you feel about the "trickle down" component? It's never worked before... |
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| Larry | May 22 2017, 08:07 PM Post #8 |
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Mmmmmmm, pie!
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Says who? |
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 08:08 PM Post #9 |
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Bull-Carp
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Google. "Kansas". |
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| Larry | May 22 2017, 08:11 PM Post #10 |
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Mmmmmmm, pie!
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Kansas is a state. "Trickle down" is a term thought up by brain dead liberals to disparage Reagan, and is not now and never has been an actual economic term. But it gave you leftwing sheep a pavlovian "bell" to ring any time anyone talks about cutting taxes, and not a damned one of you leftwing nutjobs have a f*cking clue how economics work. That term alone is all the proof anyone needs to see that. |
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 08:13 PM Post #11 |
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Bull-Carp
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No, seriously. Google "Kansas". Everything you need to know is right there. |
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| Larry | May 22 2017, 08:15 PM Post #12 |
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Mmmmmmm, pie!
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Here Steve, this will explain economics to you: https://www.youtube.com/watch?v=IYRwpgrUcpw |
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Of the Pokatwat Tribe | |
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| Larry | May 22 2017, 08:21 PM Post #13 |
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Mmmmmmm, pie!
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Oh - and I googled "Kansas".... I think if you actually delve into it, the last thing you will want to do is point to "kansas"... hahahahahahahahahahahahahaaaaaaa |
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 08:35 PM Post #14 |
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Bull-Carp
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Ok, let's work with this. 'Splain me like a 3 year old. Can you point me to a single instance where Mr. Laffer's theory has been proven out in fact? |
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| Larry | May 22 2017, 08:41 PM Post #15 |
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Mmmmmmm, pie!
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Yes. I'll do better than that - I'll give you a video to watch that explains how and why it works. It's on a 3 year old level so that democrats can understand it. https://www.youtube.com/watch?v=FqLjyA0hL1s |
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Of the Pokatwat Tribe | |
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| Larry | May 22 2017, 08:44 PM Post #16 |
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Mmmmmmm, pie!
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Democrats are conditioned to ridicule the Laffer Curve, but they don't understand why, and they don't understand that even leftwing economists admit it's correct. |
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 08:44 PM Post #17 |
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Bull-Carp
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Real world. Not theory. Has it ever worked? |
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| Horace | May 22 2017, 08:49 PM Post #18 |
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HOLY CARP!!!
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Has what ever worked? What does "laffer's theory" prescribe? When was it tried, and by what measure did it fail? |
| As a good person, I implore you to do as I, a good person, do. Be good. Do NOT be bad. If you see bad, end bad. End it in yourself, and end it in others. By any means necessary, the good must conquer the bad. Good people know this. Do you know this? Are you good? | |
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| Larry | May 22 2017, 08:52 PM Post #19 |
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Mmmmmmm, pie!
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Damn Steve, are you that thick? Figure this out for yourself Steve, it's really quite simple: This is the Laffer Curve 1. If you don't tax anyone at all, how much tax revenue is generated: (Answer: None) 2. If you tax everyone at 100%, how much tax revenue is generated: (Answer: none, because if no one has any money, you're taxing 100% of nothing) The Laffer curve is simply a line showing where revenue begins to drop as tax rates rise. Yes Steve, it has "worked". It's working right this very minute. It has worked every second of every day since the very first tax dollar anywhere on the planet was taken from someone. Jesus. |
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Of the Pokatwat Tribe | |
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| Horace | May 22 2017, 08:54 PM Post #20 |
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HOLY CARP!!!
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We're doing some heavy duty economics tonight on TNCR. I remember that hurtful joke about how if you stacked every economist end to end, they still wouldn't reach a conclusion. Well, it's not funny, and now, here tonight on TNCR, we've finally put that bit of "humor" to rest. |
| As a good person, I implore you to do as I, a good person, do. Be good. Do NOT be bad. If you see bad, end bad. End it in yourself, and end it in others. By any means necessary, the good must conquer the bad. Good people know this. Do you know this? Are you good? | |
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| Larry | May 22 2017, 09:01 PM Post #21 |
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Mmmmmmm, pie!
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Steve apparently thinks the laffer curve is an economic theory the way capitalism, socialism, and communism are economic theories. That's because he drinks the democrat koolaid, and doesn't understand what the laffer curve is. You start with two indisputable facts: 1. If you don't tax anyone, you will not have any tax money. That is an obvious fact. 2. If you tax everyone at 100%, take all their money in taxes, once you've cleaned them out, you will not collect another cent in taxes. You cannot take 100% of nothing. That is an obvious fact. All the Laffer Curve is is a mathematical formula for attempting to arrive at the point of diminishing returns, in other words, at what point does increasing the tax rate another percentage point cause revenue to begin dropping - and it WILL drop after a certain point, because item # 2 is an indisputable fact. It is *not* "trickle down economics", there's no such thing as "trickle down economics". There's just democrat bullsh!t swallowed whole by gullible fools. |
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 09:01 PM Post #22 |
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Bull-Carp
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You need to know that to have the conversation. Arthur Laffer says that if you cut taxes at the top the result will be increased economic activity that covers the budget shortfall and more. He's full of **** as far as I can tell - Kansas tried it and now they can't pay their teachers. Larry will be allong shortly however, and he will offer up real world examples where Mr. Laffers theory saved the day. He's resourceful, that Larry. I've yet to find a single Example where it works. |
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| Larry | May 22 2017, 09:03 PM Post #23 |
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Mmmmmmm, pie!
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That's because you don't know what you're looking for. Edited by Larry, May 22 2017, 09:05 PM.
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Of the Pokatwat Tribe | |
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| Steve Miller | May 22 2017, 09:12 PM Post #24 |
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Bull-Carp
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I'm a contractor, Larry. I'm not big on theory. The wall stands, the wall falls. The house is good, the house is ****. The guy shows up and does his work, the guy does not. I have to only one question. Has there ever been a case, anywhere, where cutting taxes resulted in a net tax ncrease in revenue to the government? Anywhere? Any government? Jesus, anything to give credence to what Laffer says? I want see it, seriously. God knows I like lower taxes. Save me Larry. I'm counting on you. |
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| Horace | May 22 2017, 09:16 PM Post #25 |
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HOLY CARP!!!
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http://money.howstuffworks.com/trickle-down-economics4.htm
There ya go. It totally works, QED. |
| As a good person, I implore you to do as I, a good person, do. Be good. Do NOT be bad. If you see bad, end bad. End it in yourself, and end it in others. By any means necessary, the good must conquer the bad. Good people know this. Do you know this? Are you good? | |
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11:15 AM Jul 11