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A top economist believes,Trumps tax bill will help the economy

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  • #46
    Originally posted by Dinner View Post

    I have already told you. The one who was for it changed his vote and said he had misread it. No actual economists supported it.
    True ... unfoprtunately I have not found a link for this, therefore I am working with the status that is reflected by the links of the economists forum and the vox article.

    If you have a link it would be very helpful
    (although I doubt Kid would accept it, unless it is from Fox-News or Breitbart or another Alt-Right-propaganda-site )
    Tamsin (Lost Girl): "I am the Harbinger of Death. I arrive on winds of blessed air. Air that you no longer deserve."
    Tamsin (Lost Girl): "He has fallen in battle and I must take him to the Einherjar in Valhalla"

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    • #47
      It was on MSNBC so I am sure Kid wouldn't accept if they said the sky was blue. Boy did they laugh though when the guy switched his vote and said he had misread it.
      Try http://wordforge.net/index.php for discussion and debate.

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      • #48
        Originally posted by Dinner View Post

        You made an unsupported and truly ignorant claim about tax cuts suppisedly always being good for the economy. Naturally, as always, you now pretebd that didn't happen and keep running your mouth like an ignorant fool.

        Also we haven't even gotten to the fact that $2 trillion in new borrowing (Republicans are lying about it being "only" $1.5 trillion) will suck up so much capital interest rates will spike and the real economy will lag. Stagflation is a real fear.

        If they were serious about tax cuts for the rich withput exploding the deficit they would need $2 trillion in spending cuts. Of course, cutting $2 trillion in spending would be so deflationary we would go right back into recession. In short, there is no way the current Republican policies can be good economics. Thus why every actual economist has said it is bad.
        You are insane. Tax cuts have always resulted in lower interest rates and low inflation.
        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
        - Justice Brett Kavanaugh

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        • #49
          Originally posted by Dinner View Post
          It was on MSNBC so I am sure Kid wouldn't accept if they said the sky was blue. Boy did they laugh though when the guy switched his vote and said he had misread it.
          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
          - Justice Brett Kavanaugh

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          • #50
            Economics, the subject that every ****** thinks he's an expert on.

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            • #51
              Originally posted by Kidicious View Post
              You are insane. Tax cuts have always resulted in lower interest rates and low inflation.


              Serious question: How did you become this stupid?

              Tgere is a total amount of capital in the world available to be lent out. When governments borrow more there is less left over for the private sector. As tge private sector competes for that smaller slice interest rates go up. You never took an econ 101 class did you? It would be difficult to find a more economically illiterate person than you.
              Try http://wordforge.net/index.php for discussion and debate.

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              • #52
                Originally posted by Dinner View Post



                Serious question: How did you become this stupid?

                Tgere is a total amount of capital in the world available to be lent out. When governments borrow more there is less left over for the private sector. As tge private sector competes for that smaller slice interest rates go up. You never took an econ 101 class did you? It would be difficult to find a more economically illiterate person than you.
                Perhaps he learned economy at Trump university
                Tamsin (Lost Girl): "I am the Harbinger of Death. I arrive on winds of blessed air. Air that you no longer deserve."
                Tamsin (Lost Girl): "He has fallen in battle and I must take him to the Einherjar in Valhalla"

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                • #53
                  Originally posted by Dinner View Post



                  Serious question: How did you become this stupid?

                  Tgere is a total amount of capital in the world available to be lent out. When governments borrow more there is less left over for the private sector. As tge private sector competes for that smaller slice interest rates go up. You never took an econ 101 class did you? It would be difficult to find a more economically illiterate person than you.
                  That's a drop in the bucket. I never met anyone as stupid as you. Tax cuts lower interest rates EVERY time.
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

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                  • #54
                    This is a good blog post in the Economist about the dumb believe that tax cuts kill jobs.



                    He's saying you can argue against tax cuts in an intelligent way but if you insist that they will kill jobs you should be laughed at and ridiculed.
                    I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                    - Justice Brett Kavanaugh

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                    • #55
                      Originally posted by Kidicious View Post

                      That's a drop in the bucket. I never met anyone as stupid as you. Tax cuts lower interest rates EVERY time.
                      Poor Kidiot. It must be hard being perpetually wrong about everything and to have everyone alwats laughing at how stupid you are.

                      For the reality based community. the US Federal Reserve and just about every factually based economist on planet Earth say Kid is as wrong as everyone here knows he always is.


                      Try http://wordforge.net/index.php for discussion and debate.

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                      • #56
                        You think they said tax cuts cause stagflation? What a moron?!
                        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                        - Justice Brett Kavanaugh

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                        • #57
                          Well, I am sure that your credentials wouldn't be sufficient to get invited to Boston universities IGM panel ... therefore it remains at 41 : 42
                          LOL, just looked at the survey results.

                          The question is a bad question. US Debt to GDP ratio is going to be higher in a decade regardless. This has to do with demographic factors, not policy decisions.

                          As for the survey and its experts ... easy to find, here it is, together with each experts credentials, their vote for the question/s and the comments they left regarding their vote:
                          And I wouldn't be as certain as you would be about that.
                          Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
                          "Remember the night we broke the windows in this old house? This is what I wished for..."
                          2015 APOLYTON FANTASY FOOTBALL CHAMPION!

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                          • #58
                            We just tried this in Kansas and they were a complete dismal failure.
                            I didn't know that Oerdin moved to Kansas? I guess California got too expensive. KA is doing much better than CA but that's not difficult.
                            Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
                            "Remember the night we broke the windows in this old house? This is what I wished for..."
                            2015 APOLYTON FANTASY FOOTBALL CHAMPION!

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                            • #59
                              Considering that the GDP is an indicator for the well-being of a countries economy,
                              There are many things that GDP does not measure that do have a significant effect on economic growth, and many things that GDP does measure but don't really have any effect on the growth of the economy. Ergo, using GDP as a proxy for 'economic growth' misrepresents the actual positions of the economists.
                              Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
                              "Remember the night we broke the windows in this old house? This is what I wished for..."
                              2015 APOLYTON FANTASY FOOTBALL CHAMPION!

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                              • #60
                                For example, if government spending were to jump 25% we'd see a rise in the GDP, but if government spending were cut 25% we'd see a one-year fall in the GDP.
                                Scouse Git (2) La Fayette Adam Smith Solomwi and Loinburger will not be forgotten.
                                "Remember the night we broke the windows in this old house? This is what I wished for..."
                                2015 APOLYTON FANTASY FOOTBALL CHAMPION!

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