Donald J. Trump (For everyone else except Victor)
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at
Sure and that’s my point. The numbers don’t matter you only care about ideology. Same as Trump.
The numbers do matter. It is the fact that you are only factoring economic growth when a president is in office that I am telling you is stupid.
Also, find one economist who isn't paid by the gov't who says cutting taxes reduces economic growth. Taking funds from the most productive members of our society to give to the least productive members of our society can't sound like a good idea to you for economic growth, can it?
This isn't ideology - it is economics 101.
Kinda dumb to just go by raw numbers. USA is more than 4 times the size of the second largest OECD country and it (Germany) has more international migrants per capita.
Looking at migrants per capita is fairly silly when responding to the fact that for decades now migrants have overwhelmingly voted that the US is the best country in the world to move to.
At least whoever comes will be vetted and will be a net contributor to society.
I don't oppose the idea of providing an expedited path to citizenship for people who are skilled in areas of great need (like some STEM areas).
But this Gold Card idea just seems dumb. It seems like the sort of thing that will mostly appeal to weathly retirees in turbulent areas of the world, not entrepreneurs.
I am sure there will be a mix of people who are and aren't retired, but the one thing almost every single one of them will have in common will be that they are net contributors to society.
The numbers do matter. It is the fact that you are only factoring economic growth when a president is in office that I am telling you is stupid.
Also, find one economist who isn't paid by the gov't who says cutting taxes reduces economic growth. Taking funds from the most productive members of our society to give to the least productive members of our society can't sound like a good idea to you for economic growth, can it?
This isn't ideology - it is economics 101.
This can't be a serious post... I mean, you're in the information age... just look up center right economist views on what you said.
You're being brainwashed by people who have the power and means to brainwash you. Look, the people you're defending, just stick that money offshore... it doesn't produce economic growth. If you give it to lower income individuals, the money is spent and goes to the people who run the corporations. You just allowing for more economic freedom for the middle class and working poor.
This has been proven ad nauseum... you just have to WANT to learn the truth, and just some basic reasoning skills.
Just google, has supply side economics ever worked... anywhere... ever... and see what you get.
When Reagan cut income tax rates from ~50% to top rate of 28%, the amount of taxes collected went up significantly, +29% in just 3 fiscal years. It did this while removing 6 million low-income Americans from the tax base due to the increase in std deduction and personal exemption.
When Clinton cut cap gains rates, the amount of those taxes collected ~doubled in 4 years.
Cutting rates does not de facto mean $$$ collected falls. Often it drops. It depends.
Using a static analysis to ignore all consumer and taxpayer change in behavior, to assume a cut in tax rates means a large drop in taxes collected, is beyond foolish.
When Reagan cut income tax rates from ~50% to top rate of 28%, the amount of taxes collected went up significantly, +29% in just 3 fiscal years. It did this while removing 6 million low-income Americans from the tax base due to the increase in std deduction and personal exemption.
When Clinton cut cap gains rates, the amount of those taxes collected ~doubled in 4 years.
Cutting rates does not de facto mean $$$ collected falls. Often it drops. It depends.
Using a static analysis to ignore all consu
You need to consider many factors, of course (hint - like deficits)... but why did Reagan then raise taxes many times after those cuts?
If they raised taxes by 20% across the board the deficit would be eliminated.
It took me about 5 minutes of napkin math to figure that out.
I'm sure experts with all the time in the world to focus on this issue could get that down to 10% and make up the rest in the margins
Its certainly impossible to get there by slashing government programs by 1 trillion and reducing tax revenue by 1 trillion
I think slashing govt spending and reducing tax revenue by 1 trillion is by far the most likely way we can dig out of the debt.
The most effective way to pay off the debt is to grow your way out of the debt. Cutting 1T from spending and revenue may not sound like a formula to pay off debt but it is when you considering the economic growth we are likely to see when we allow the most productive members of our society to keep more of the money they earn.
I think slashing govt spending and reducing tax revenue by 1 trillion is by far the most likely way we can dig out of the debt.
The most effective way to pay off the debt is to grow your way out of the debt. Cutting 1T from spending and revenue may not sound like a formula to pay off debt but it is when you considering the economic growth we are likely to see when we allow the most productive members of our society to keep more of the money they earn.
This is literally brainwashing.
Can you answer one question.... let's assume what you said is true. What exactly do you see right now that is blocking them from earning more money? Let's say we're talking about people who have $500+million in capital. What's their current obstacle to creating more wealth for society or themselves?
This seems about right. I don't expect deportations to go through the roof, in part because deporting people is harder and more expensive than most people realize.
I think Trump's main goal will be to treat the people he does deport in a dehumanizing way. That will delight the worst of his supporters, and the rest will just shrug it off. And Trump probably has some vague hope that dehumanization will deter people from trying to enter.
The USA already "sell" visas to rich people. Those are called EB - 5 visas
tldr is 2M of investment (less if in poor areas) and 10 employees and you get the VISA. Cheaper than Trump proposal.
The correct criticism of Trump proposal so would be that what he is going to propose *already exists* (and isn't used very much by foreigners).
i mentioned this a while back, it was wholly grunched
bros, we've had a green card for sale system for a very long time - no real noticeable impact because there aren't too many who have that kind of liquidity who also want to emigrate
we americans are by and large the descendants of the desperate
Some German celebrities like to live in the US; because noone knows them so they can live like normal people.
i mentioned this a while back, it was wholly grunched
bros, we've had a green card for sale system for a very long time - no real noticeable impact because there aren't too many who have that kind of liquidity who also want to emigrate
we americans are by and large the descendants of the desperate
People might even like to "emigrate" but why among the rich and powerful in the world would want to be subject to the ultra fascist FATCA if he doesn't need to?
The actually wealthy and mobile don't pay taxes, who sane of mind would ever prefer to get a green card in the USA rather than a "non Dom" status in Malta paying 5% on all non -maltese income sources?
Why would people like the Ikea founder or anything like that get an American green card instead of fiscal residence in Switzerland?
The USA is a great place to make money for a very specific talented kind of sub demographic but if you already have the money it's one of the worst countries in the world to get passport/residence in.
Like there are literally at least 40 other places which are better
This seems about right. I don't expect deportations to go through the roof, in part because deporting people is harder and more expensive than most people realize.
I think Trump's main goal will be to treat the people he does deport in a dehumanizing way. That will delight the worst of his supporters, and the rest will just shrug it off. And Trump probably has some vague hope that dehumanization will deter people from trying to enter.
Well for now attempts to enter illegally have dropped to the lowest levels in many decades, and I think everyone should admit that's simply objectively good as a result
When Reagan cut income tax rates from ~50% to top rate of 28%, the amount of taxes collected went up significantly, +29% in just 3 fiscal years. It did this while removing 6 million low-income Americans from the tax base due to the increase in std deduction and personal exemption.
When Clinton cut cap gains rates, the amount of those taxes collected ~doubled in 4 years.
Cutting rates does not de facto mean $$$ collected falls. Often it drops. It depends.
Using a static analysis to ignore all consu
Who’s claiming it de facto? Can’t help but notice you left out W Bush and Trump tax cuts which massively grew the defecit. I don’t think anyone is even arguing extended Trumps tax cuts on the upper brackets wont do the same with no measurable benefit.
The numbers do matter. It is the fact that you are only factoring economic growth when a president is in office that I am telling you is stupid.
Also, find one economist who isn't paid by the gov't who says cutting taxes reduces economic growth. Taking funds from the most productive members of our society to give to the least productive members of our society can't sound like a good idea to you for economic growth, can it?
This isn't ideology - it is economics 101.
It’s 100% ideology. There is never a time when you can ever admit Trumps policies didn’t grow the economy because 30 years from now you’ll still have excuses or immeasurable counterfactuals. Will you say growth was low under Trump because of Reagan or Bush policies? Of course not, it’s ideological not data based. There’s always the jokes and stereotypes about dumb illiterate conservatives but you’re literally making the straw man arguments I would assign to them.
Mods here are part of the deep state bruh. Only a few good men like you, Luciom, mongdig and playbig stand between civilisation and the hordes of rabid leftists inundating this forum with their...far left rabies. They delete stuff to prevent The Truth getting out and not because you're an absolutely terrible poster, even if they lie to you that you are in fact a terrible poster whose content is truly abysmal. I blame the Woke Mind Virus, but thankfully the cure for that is here in the form of President Trump. That man reminds me of Stallone in Cobra, if Stallone had orange hair and was sans toothpick.
So don't let those mods get to you as they delete you because fear you. It's not because reading your posts is like being repeatedly kicked in the groin by an illegal migrant with really muscular legs, only slightly more painful. It's again because of all the other stuff.
Who’s claiming it de facto? Can’t help but notice you left out W Bush and Trump tax cuts which massively grew the defecit. I don’t think anyone is even arguing extended Trumps tax cuts on the upper brackets wiont do the same.
Why you leave out Reagan ?
The deficit went high for him too
This is literally brainwashing.
Can you answer one question.... let's assume what you said is true. What exactly do you see right now that is blocking them from earning more money? Let's say we're talking about people who have $500+million in capital. What's their current obstacle to creating more wealth for society or themselves?
Baham always says nonsense about how great the productivity Increases when rich people have all the money and yet can’t explain to us how buying stocks and send money offshore help increase U.S. productivity….
There is a reason stocks going higher doesn’t affect gdp growth but baham knows things that no other knows on the planet about how productivity works …
Of course you won't find any conservative saying obama had good economic growth. I'm not sure if you will even find an economist who is a dem who would say he did a good job growing the economy. He inherited an economy coming out of a recession and his growth numbers were bad compared to other post recession numbers. All he had to do was change the mark to market accounting rule and stop throwing money into the economy and he failed at both.
I've said this so many times here but it deserves being
Especially when they don’t fit with your ideology but when it does , ho boy it’s the president actions that did it ….
Deregulation is blatantly pro growth and significantly so. Tariffs aren't.
Deporting illegals is pro per capita gdp growth obviously (you are deporting people with under avg income), while being bad for nominal gdp growth.
Doesn't matter though to answeer your fake claim that trump first term was bad for growth. It wasn't, it was indistinguishable from what came before him as per graphs provided
True if you take out how much the debts exploded under trump .
Like you said , it’s idiotic to make big deficit when you have record low unemployment, good enough gdp , low inflation and very low interest rates -> trump first term .
Mods here are part of the deep state bruh. Only a few good men like you, Luciom, mongdig and playbig stand between civilisation and the hordes of rabid leftists inundating this forum with their...far left rabies. They delete stuff to prevent The Truth getting out and not because you're an absolutely terrible poster, even if they lie to you that you are in fact a terrible poster whose content is truly abysmal. I blame the Woke Mind Virus, but thankfully the cure for that is here in the form of Pr
Ok sperg. Just proves what a ****ing circle jerk echo chamber of soy, cuck, incels this thread is. Deleting posts because they hurt your feelings and you can't deal with them is a giant L. It's also unethical and cowardly. I'm positive not one libtard ITT could deadlift 2x's his body weight. The testosterone levels here are dangerously low.