Originally posted by Robtard
Trumpers derailing this thread cos these facts sting:Donald Trump (as projected in FY 2019 budget): Plans to add $8.282 trillion, a 41 percent increase from the $20.245 trillion debt at the end of Obama's last budget, FY 2017. If he spends as he hopes, Trump will add the second-highest dollar amount in history. More important, he will add almost as much in his first term as Obama did in two terms. -snip
^^He's so angry right now, it's hilarious.
They always have a reason for why when they do things it's okay, but when others do it...it's not.
Like Dems using the nuclear option for voting a few years ago, then whining about Republicans saying they wanna do it. You see it was okay then, because the mean Republicans were being mean. It's not okay now, cuz...reasons.
Just like correcting facts. Trump exaggerates a crowd size? Big news. Numerous outlets lie about school shootings? Meh.
Re: Re: Obama and Trump Myths: Fact Checking National Debt Claims
Originally posted by Robtard
#maga'This tax cut isn't for the rich, I totally swear guys, it's for you plebs, believe me!' -El Trumpie
Oh, Trumpers...
This is important and something I did not point out: Trump will likely not win a second term so Obama will get the trophy for worst national debt numbers.
But Trump will almost hit Obama's numbers in 4 years what Obama took to do in 8 years.
Edit - I apologize for not representing these facts correctly. It is very obvious to anyone with a brain that the numbers are 4 years vs. 8 and that I did not intentionally mislead. However, it still looks like that...and I didn't mean to. 🙁
Re: Re: Re: Obama and Trump Myths: Fact Checking National Debt Claims
Originally posted by dadudemonFair play mate, Trump is twice as bad. Good point.
This is important and something I did not point out: Trump will likely not win a second term so Obama will get the trophy for worst national debt numbers.But Trump will almost hit Obama's numbers in 4 years what Obama took to do in 8 years.
Edit - I apologize for not representing these facts correctly. It is very obvious to anyone with a brain that the numbers are 4 years vs. 8 and that I did not intentionally mislead. However, it still looks like that...and I didn't mean to. 🙁
4. Trump is going to increase the national debt to over $28 trillion by the end of his 4 year term: True.Trump took office with the debt at $20.245 trillion. When he ends his term, it will be $28.527 trillion. Less than Obama's. No need to adjust for inflation. That's still the second largest increase in US History (not by percentage by but raw dollar value).
It will be interesting to see how far the US Debt clock will be in comparison:
What has Trump done exactly that's been so disasterous?
He's stacking up economic and trade wins, got India to lower their VAT to 50%, was 100%
The wall is done being tested and the judge ruled he can forgo the rules to build it
The ISIS caliphate has been destroyed
The tax cuts are working
The military is fully funded for the next 2 years.
Illegal immigration has gone down 60-70%
Manufacturing is on the rise
Companies are brining back their foriegn money and investing in America
Originally posted by Robtard
Trumpers derailing this thread cos these facts sting:Donald Trump (as projected in FY 2019 budget): Plans to add $8.282 trillion, a 41 percent increase from the $20.245 trillion debt at the end of Obama's last budget, FY 2017. If he spends as he hopes, Trump will add the second-highest dollar amount in history. More important, he will add almost as much in his first term as Obama did in two terms. -snip
Originally posted by Blindside12
What has Trump done exactly that's been so disasterous?He's stacking up economic and trade wins, got India to lower their VAT to 50%, was 100%
The wall is done being tested and the judge ruled he can forgo the rules to build it
The ISIS caliphate has been destroyed
The tax cuts are working
The military is fully funded for the next 2 years.
Illegal immigration has gone down 60-70%
Manufacturing is on the rise
Companies are brining back their foriegn money and investing in America
Originally posted by Blindside12
What has Trump done exactly that's been so disasterous?He's stacking up economic and trade wins, got India to lower their VAT to 50%, was 100%
The wall is done being tested and the judge ruled he can forgo the rules to build it
The ISIS caliphate has been destroyed
The tax cuts are working
The military is fully funded for the next 2 years.
Illegal immigration has gone down 60-70%
Manufacturing is on the rise
Companies are brining back their foriegn money and investing in America
Citations, man. We talked about this and we both know how out of hand that convo got.
Normally, I'd just look up each point and cite it for you but it would take me too long and I want to poop and work out.
Originally posted by SquallX
I don’t get why people are bitching so much.It’s true the tax plan includes the rich, but did we forget this is a capitalist country? You need to give the rich incentives to want to built and creates. You can’t just force them to spend their money with no way of making a profit.
The problem there is the assumption that the wealthy will create jobs simply because they have more money, when it's consumer demand that drives businesses to either cut or create jobs.
When the middle and working classes have less to spend, and primarily spend what they do have on necessities, demand for other goods and services goes down. Businesses then tend to cut jobs and downsize to minimize the hit to their bottom line.
When they middle and working classes have more to spend, businesses are forced to hire more help and restock more often to keep up with the demand. Sometimes that increase in demand results in company expansion.
Regardless of how profitable these businesses are, they're going to continue to try and cut costs anywhere they can, even if that means replacing jobs at with technology or foreign cheap labor. So with that in mind, why support tax reform that caters to big business and the wealthy, instead of the middle class and the poor?