Dow dives nearly 800 points on fears of economic slowdown

Are you operating under the assumption that the tax cuts won't continue to impact government revenues because the Democrats have now taken the House? Translating your flopping around is incredibly difficult.

 

No **** it's a fact, but the issue is that you guys stumbling over yourselves to point out that tax receipts are up is a like an Arctic explorer pointing out that, despite losing layers of warm clothing yesterday, it's now only -35 degrees instead of -40 degrees.

 

The tax cuts likely translate into at least a million new jobs. Jobs that generate tax revenue, provide health insurance, and shrink welfare rolls. MSM & (D)'s aren't going to commission a study on the cost / benefit ratio. They're going to keep insisting corp America is obligated to provide everyone with a middle class standard of living, whether a person holds a job or not.

 

Pelosi wants to repeal those tax cuts, and expand healthcare. A lot of (D)'s promised exactly that during mid-terms. I know (D)'s are pandering liars ... but I'd love for you to confirm that for me. ::

 

"I'm going to complain that the Democrats and MSM aren't *checks notes* commissioning studies to prove points for policy positions of the governing party, while simultaneously claiming that the tax cuts totally have created at least a million new jobs."

Okay.

 

Lol. I shall know call you grasping for metaphor

 

I thought it was a pretty damn great metaphor considering your ludicrously simple and narrow-minded view of the world. I tried to explain already that a nominal view of increasing tax receipts doesn't take into consideration how it compares in relation to GDP or increased spending, and you just seemed to gloss over that. So, I figured that maybe I had to dumb things down for you, but it looks like you can't even understand a simple metaphor either.

 

Try to focus. Tax cuts increased revenue just as advertised. Spending is an entirely separate subject and attempts to merge the two are in reality attempts to obfuscate from the fact that tax cuts really did increase revenue.
Take deep breaths and accept this juxtaposition and you won't feel the need to start flailing around with mindless insults meant to berate your opponent but in reality only serving to make yourself look small and petty.

 

If you need to tell yourself that, you will. From my perspective, I don't see either party expressing concern over the self-proclaimed "King of Debt" bloating the national one.

Your faith in the wall that Trump repeatedly vowed Mexico would pay for is noted. If anything, the likelihood is that it would serve to makes more of the folks now transgressing or seeking asylum at the border opt for the more popular option of entering the country legally and overstaying visas.

 

I did, as you highlighted, say: "likely". I can, and only did "ballpark" ... based on jobs reports figures after the cuts were drafted. Congress commission studies on ridiculous topics routinely. Expecting them to read the data on tax cut cost / benefit analysis BEFORE repealing them is asking too much? I suppose passing tax increases without study, is another of (D)'s ACA-esque fiscal leaps of faith.

 

Again, tax revenue increases almost every year with tax cuts or without tax cuts, so claiming that "tax cuts increased revenue" is a meaningless conveyance without some sort of evidence that this was true. Again, if you weren't operating on such a simplistic worldview, you would understand that correlation does not indicate causation.

 

it is a mathematical impossibility to increase revenues, by slashing revenues. Tax receipts are up, because population has increased, and we are at full employment, and the UE has been steadily dropping for the past 9 years.

 

LOL!

Tax cuts stimulate the economy and the rich people hire more poor people........

POOR PEOPLE WHO PAY TAXES........MORE TAXES.

Thus tax revenues are increased.

Glad to share that with you......I can figure it out because I went to a rocket scientist class.

 

Here's "simplistic" ... Corp tax cuts did NOT reduce IRS revenues. So ... without data on how much additional revenue corps may have provided pre- tax cuts -VS- revenues & savings realized via job creation, the debate is mostly speculative. However ... growth in GDP, and much lower unemployment / greater workforce participation numbers suggest tax cuts for corps were offset to a great extent. If we had NUMBERS ... we could affix a dolar figure to the cost / value of the personal pride and satisfaction of self reliance. Your posts reek of "universal basic income" wealth redistribution schemes.

 

Trump's desperation to drive and change the news cycle, as well as to deflect blame elsewhere, is very harmful to the US and world economies. The man is a weak human being not upholding the oath he took to the constitution.

 

As with any security and or defense measure the enemy will attempt tp negate it by initiating a different strategy. All you can do is keep throwing up new obstacles as they keep trying new methods of intrusion. It's either that or surrender.

 

nope. people are only hired, if there is a demand for an increase in production. taxes have no relevance to that.

no

mathematically impossible to increase revenues, by cutting revenues.

you should have taken Econ 101 instead. And perhaps a basic math course.

 

By "Remove the Tariffs".... you also mean China removing it's tariffs that are as high as 40%?
Or they continue to have their tariffs against us, we just remove ours?

 

There have been numerous studies, including CBO studies, dealing with the tax cuts that have already estimated the loss of revenue from the tax cuts. And the debate is always going to be speculative when we're dealing with speculating about a hypothetical alternative scenario. My concern is that many of the promised benefits from Trump's tax cuts and his economic policies are simply not materializing, while the offered criticisms of the tax cuts (stock buybacks, exploding deficit) are.

 

Earlier you admited tax cuts worked as advertised but suddenly you change your tune. You are still reeling from your failed attempt to link tax revenue increases with a higher national debt and your paucity of facts in this argument being pointed out so now you want a redo. I would argue it's you with the simplistic world view here if you can't tear yourself away from the "Trump be bad" mantra and assess his policies devoid of that limiting mindset. Trump is not god and is not the devil incarnate. He is a fallible human being doing the best he can in an already tough job made much tougher by people such as yourself that reside in media and in the echelons of the ruling elites.

 

I seriously am concerned about your reading comprehension. What did I admit and in what post?

You need to stop living in a world where you can only deal with two nominal variables in a vacuum. It's incredibly sad that you're this limited.

 

The deficit hasn't "exploded". And buy backs are a positve indicator. It shows corp confidence, reduces corp debt, and represents domestic investment -vs- offshoring or inversion. IRS revenue collection tracked the same. Deficit spending tracked the same. GDP and employment rose. It's kinda funny that you want to BLAME Trump for a GOOD economy though. Traders are in a huff over the Fed, but corps haven't started displacing workers or relocating.

 

Yes the Republicans have always been willing and ready to negotiate, they only side that refuses is the Democrats and thus there is a partial shutdown of non-essential government offices. And "us" and "we'll" you are not even a citizen here you can't give me crap your prejudice against your own citizens notwithstanding.

 

The GOP refused to negotiate for 8 years. They were called the party of no

 

False, it was they who finally got budgets passed by negotiating.