.@realDonaldTrump has built a sugar-high economy ... and sugar-high euphoria ends with a crash.
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Yeah, who would have thought that decreasing the income of the government would cause a huge deficit and a debt increase? Republicans love spending on the national credit card, crashing the economy, and blaming everyone else. Their MO.
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Decreasing spending at this point is silly and fiscally irresponsible. But we always have those that advocate for it, because they don't know any better or they have a social agenda that will hurt Americans. We live in the wealthiest country on earth, we should act like it.
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Having Government fund things like healthcare and schools takes that fiscal issue off the citizens, while we pay more of a % in taxes, we pay less in our actual lives, and will have better quality of life. Take the financial burden of I insurance off employers, they make more.
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It really is just silly at this point that people who claim to want fiscal responsibility and a business environment that challenges countries across the globe don't see this. A well educated, healthy populace, who aren't in debt for medical costs is far better for our economy.
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I guess you don’t understand basic economics. Growth from these cuts will grow government revenue exponentially over time... then you Democrats can find ingenious ways to waste it.
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Sure, those recent big tax cuts in Kansas and Oklahoma sure did wonders, right? Kansas loves them so much that they decided to reverse them, even! Aren’t Republican economics magical?
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Under Obama, we got eight straight years of record deficits, AND big tax hikes as a bonus. Trump: Big deficit, but at least we get a tax cut - with another one likely if GOP holds Congress. I'll take Trump's way, thank you.
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Trump has leftists talking about deficits without coming close to obama first 4 years... That's a win. Now if we can get leftists to demand they cut spending instead of asking for tax increases we'll get somewhere.
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But let's see if they care about deficits the next time there is a dem in Whitehouse, if that ever happens again
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Please. Last balanced budgets were under Clinton. We have $21 Trillion current debt, $210+ Trillion in unfunded liabilities, and budget was due October 1st. It's truly taken a fully bipartisan effort to drive us towards the fiscal cliff of insolvency. Period.
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When population increases, costs increase to fund government, usually, when population increases, more tax money comes in, but if we cut taxes, we lose any revenue that could help. We have been cutting taxes for decades, losing revenue to fund government.
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Tax revenue went up after the tax cut...
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I would suggest you give the numbers, let's see what you understand about taxation in this country. Why did it go up? Did it go up as a percentage of GDP? Did it go up as a % of percapita? Or did it just go up as a dollar amount, with no context given? Come on, let's see.
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Well revenue went up, GDP went up, interest rates went up more times in 2018 than in Obama's 8 years. Now if Trump could get GDP down to 1.4% I think revenue as percentage of GDP would be higher but you would have to be a piss poor potus to hit 1.4% GDP avg
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Well, now you are lying as well as ignorant of the actual numbers you are trying to use. It is funny, isn't it? You can't answer the question posed? Instead you try deflection and misdirection. Sad little red X, you are just a parrot.
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What's wrong with rising interest rates? Has absolutely nothing to do with house sales dropping 51% in the Northeast. Not. A. Thing.pic.twitter.com/37ECdmDAIx
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No. It has everything to do with state property taxes being far too high
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