Bob Corker

[Unabatable]

Or, not a single Democrat voted to increase our staggering debt.

And not a single Republican voted for our exponentially more staggering Obummercare.

Point, Andre?

 

[Unabatable]

I have no issue whatsoever with every socialist in America being totally denied every single ¢ they criminally profit from by stealing other's property by nothing but outright mob rule.

You want a cut of whatever property I might have, ask...

...but be advised: I've long chosen not to make/accumulate/possess anything so dear that I'd miss it at all when you thieves inevitably - ALWAYS - choose to steal, anyway.

NO PAIN | ALL GAIN

Such is the glorious individual liberty-loving reality of self-induced - LEGAL - political exile from the United Socialist State of America today.

 

[OldJourno]

Or, not a single Democrat voted to increase our staggering debt.

After 8 years of doing the hefty lifting in terms of turning our debt into a staggering debt, I think the Democrats deserve a little rest.

 

[cowslinger64]

After 8 years of doing the hefty lifting in terms of turning our debt into a staggering debt, I think the Democrats deserve a little rest.

Skipping over the fact that the republicans controlled spending for almost the entire 8 years? Or that Bush left the economy on the brink of a depression?

Come on guys..

 

[OldJourno]

Skipping over the fact that the republicans controlled spending for almost the entire 8 years? Or that Bush left the economy on the brink of a depression?

Come on guys..

Is it wise to exponentially grow the size of government and government spending with the economy on the brink of a depression?
The Obama administration blew through $800 million of stimulus (union payoffs) with no impact on the economy, taxed the shit out of everyone and their dog, and jacked up the cost of medical care while making it inferior, and still managed to spend into oblivion.
And the Republicans were willing accomplices. I've heard theories that the Republicans not wanting to look like racists so they went along with Obama. I think it's more likely most Republicans in Congress didn't really oppose the spending.

 

[Hypoxia]

Skipping over the fact that the republicans controlled spending for almost the entire 8 years? Or that Bush left the economy on the brink of a depression?

Come on guys..

Don't confuse them with factual history, or likely futurology. Fantasyland is a fun place to be. Look, trickle-down! Oops, it's brown.

 

[Hypoxia]

$1.4 trillion over the next 10 years...

That assumes Voodoo Economics works, which it doesn't. Look at more like US$4 trillion or thereabouts. To be paid for by your descendants, if you've dared breed. Then you can enjoy that classic film: HONEY, I FUCKED THE KIDS!

 

[cowslinger64]

Is it wise to exponentially grow the size of government and government spending with the economy on the brink of a depression?
The Obama administration blew through $800 million of stimulus (union payoffs) with no impact on the economy, taxed the shit out of everyone and their dog, and jacked up the cost of medical care while making it inferior, and still managed to spend into oblivion.
And the Republicans were willing accomplices. I've heard theories that the Republicans not wanting to look like racists so they went along with Obama. I think it's more likely most Republicans in Congress didn't really oppose the spending.

Union payouts...

Jesus query.. get a union job and make real money for the first time.. so you can quit whining.

 

[OldJourno]

That assumes Voodoo Economics works, which it doesn't. Look at more like US$4 trillion or thereabouts. To be paid for by your descendants, if you've dared breed. Then you can enjoy that classic film: HONEY, I FUCKED THE KIDS!

Better to stick with proven economic facts, such as the reliability of government stimulus spending.

 

[doowdniw]

Any time you pass a tax plan based on what you "hope" will happen, you're pretty much screwed to begin with. I'll probably benefit quite nicely in the short term, but this plan will in no way "jump start" any economy already running at near full employment and with very low interest rates. Anyone who thinks big business is going to use tax savings to increase worker wages has not been paying attention. As a shareholder, I'll benefit. As a wage worker, get out the K-Y, because you are about to take it up the ass.

If the economy goes into inflation mode, be prepared for higher interest rates out of the Fed., higher consumer costs, and the concomitant devaluation of the dollar in your pocket. Higher interest rates will make it more expensive to raise capital. Less capital means less investment and fewer jobs. The $1,000 bonus that Cohen promised or the $4,000 increase in wages that Trump promised will be worth significantly less than what you paid for them. (I don't think they are going to happen, but I'm not a wage earner, so I don't care.)

 

[Luk]

Now that you do what you always do ascribe falsity to what I say, let me explain. It's relief for actual taxpayers not a welfare program for non-productive people like you, Luk.

So a single mother of 3 making $45K a year will get a tax cut worthy of being called a "cut", correct?

 

[trysail]

"...The stock market has been on a tear, interrupted with brief sharp declines each time the tax bills have seemed to stumble. There's nothing terribly complicated about this. A dollar of earnings remaining after a 35% tax bite suddenly becomes $1.23 when the tax bite is reduced to 20%..."

-Francis Menton​

http://manhattancontrarian.com/blog/2017/12/3/the-quality-of-political-debate-reaches-a-new-low-with-the-tax-bill

​

 

[Rightguide]

Well, I'll do no more than completely disagree with you. I think trickle down economics has never worked, and won't this time.

It worked for JFK, it worked Ronald Reagan, it worked for Bill Clinton. Know your economic history.

 

[richard_daily]

It worked for JFK, it worked Ronald Reagan, it worked for Bill Clinton. Know your economic history.

Bullshit. They didn't work for Rogain, and neither of the other two tried trickle down economics.

Know YOUR economic history.

 

[trysail]

"...consider the case of Ireland. Ireland led the way among countries with big reductions in its corporate tax rate in the 1990s, thinking that that could lead to a surge of economic growth. If you are as old as I am, you will remember Ireland as a relatively poor country. In 1970, Ireland's GDP per capita was about half that of the U.S.: $12,000 of Ireland v. about $24,000 for the U.S. Starting about 1995, Ireland began dramatic cuts in its corporate tax rate, which went from 40% in 1995 all the way down to 12.5% in 2002, where it remains today. How did that work out? Today, the GDP of Ireland equals or exceeds that of the U.S., depending on what measure you look to. The St. Louis Fed has a figure for U.S. per capita GDP as of 3Q 2017 as $52,685. At Trading Economics they have a figure for Ireland for 2015 of $65, 249. Whoa! You are hard pressed to find any remaining pockets of poverty in Ireland today.

Is Ireland's current prosperity entirely attributable to its aggressive reductions in its corporate tax rate? Certainly not. There are way too many moving parts in economic policy to ever be able to attribute good or bad results to just one facet of policy. Also, Ireland's economy had begun rapid growth before its big cuts in the corporate tax rate. Perhaps its joining the EU in 1973 made a big contribution to its success, or maybe improvements in its education system. But there is substantial anecdotal evidence that Ireland's low corporate tax rate has induced many corporations to locate there and grow there. The prosperity has lifted the whole country, not just a wealthy few. U.S companies that have chosen Ireland as a main base for their European or international operations include Google, Facebook, and Apple, as well as many large pharmaceutical companies. I don't think this is a coincidence..."​

-Francis Menton
more...
​

​

 

[richard_daily]

"...consider the case of Ireland. Ireland led the way among countries with big reductions in its corporate tax rate in the 1990s, thinking that that could lead to a surge of economic growth. If you are as old as I am, you will remember Ireland as a relatively poor country. In 1970, Ireland's GDP per capita was about half that of the U.S.: $12,000 of Ireland v. about $24,000 for the U.S. Starting about 1995, Ireland began dramatic cuts in its corporate tax rate, which went from 40% in 1995 all the way down to 12.5% in 2002, where it remains today. How did that work out? Today, the GDP of Ireland equals or exceeds that of the U.S., depending on what measure you look to. The St. Louis Fed has a figure for U.S. per capita GDP as of 3Q 2017 as $52,685. At Trading Economics they have a figure for Ireland for 2015 of $65, 249. Whoa! You are hard pressed to find any remaining pockets of poverty in Ireland today.

Is Ireland's current prosperity entirely attributable to its aggressive reductions in its corporate tax rate? Certainly not. There are way too many moving parts in economic policy to ever be able to attribute good or bad results to just one facet of policy. Also, Ireland's economy had begun rapid growth before its big cuts in the corporate tax rate. Perhaps its joining the EU in 1973 made a big contribution to its success, or maybe improvements in its education system. But there is substantial anecdotal evidence that Ireland's low corporate tax rate has induced many corporations to locate there and grow there. The prosperity has lifted the whole country, not just a wealthy few. U.S companies that have chosen Ireland as a main base for their European or international operations include Google, Facebook, and Apple, as well as many large pharmaceutical companies. I don't think this is a coincidence..."​

-Francis Menton
more...
​

​

Yeah.... NO poverty in Ireland anymore...

THE NUMBER OF people living in poverty in Ireland has increased by more than 100,000 since the onset of the recession – meaning that 750,000 people in Ireland currently live in poverty.

http://www.thejournal.ie/poverty-ireland-2-2862501-Jul2016/

 

[about_average]

Yeah, I'm looking forward to the day that foreign companies finally start locating manufacturing plants in the US and start investing in the US economy.

 

[WoundedKnee]

Yeah, I'm looking forward to the day that foreign companies finally start locating manufacturing plants in the US and start investing in the US economy.

No "foreign" companies have plants in the US??? WTF happened to globalism?

 

[Hypoxia]

No "foreign" companies have plants in the US??? WTF happened to globalism?

You've been pwnd.

Maybe a_a should have included an irony emoji.

Or you need more or less coffee.

 

[WoundedKnee]

You've been pwnd.

Maybe a_a should have included an irony emoji.

Or you need more or less coffee.

Again, you talk a big game, but you never provide and any gist. You are a fucking liar.

 

[about_average]

You've been pwnd.

Maybe a_a should have included an irony emoji.

Or you need more or less coffee.

Next I'll post a piece from Andy Borowitz and watch him flip out.

 

[Rightguide]

No "foreign" companies have plants in the US??? WTF happened to globalism?

He's below average and behind the times on foreign companies in the US, here's a four-year-old story on the subject:

https://www.usatoday.com/story/mone...gn-manufacturers-bringing-jobs-to-us/2070327/

 

[BoyNextDoor]

And Bob Corker is still a man of principle.

 

[Hypoxia]

Again, you talk a big game, but you never provide and any gist. You are a fucking liar.

The point is that a_a's post was funny and ironic. The irony was obvious to anyone even half-awake. You didn't catch it. You got pwnd. Sad.

 

[Rightguide]

And Bob Corker is still a man of principle.

Yep, his principled hatred for Trump motivated his lone Republican vote against lowering the taxes of American taxpayers.