Out of 42 top economists, only 1 believes that Trump's tax policy will improve the economy

[Prutfis]

America has no poor people, only rich people and soon-to-be-rich people.

Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires

 

[mrbaapt]

Hey, you made the idiotic comments, don't blame me for your rustled jimmies.

Step up.

This was your comment.

Serious question, how many of those economists predicted the market would crash if Trump won?

The answer to your question is 0.

You then posted an article from a conservative website of an economist who isn't "one of those economists" on the list.

Nobody worth their salt makes predictions before a politician even takes office or proposes a single policy, lol.

 

[bobgeese]

Step up.

This was your comment.



You then posted an article from a conservative website of an economist who isn't "one of those economists" on the list.

Nobody worth their salt makes predictions before a politician even takes office, lol.

Where did I claim he was on the list?


I asked a question relevant to the thread. Your jimmies, being in a state of permanent rustle, had to bitch. SAD!


Politico is a conservative website???

Take your meds...

 

[mrbaapt]

Where did I claim he was on the list?


I asked a question relevant to the thread. Your jimmies, being in a state of permanent rustle, had to bitch. SAD!


Politico is a conservative website???

Take your meds...

You responded to a thread that is centered around 43 economists. You then said "Serious question, how many of those economists predicted the market would crash if Trump won?"

Answer 0.

 

[bobgeese]

You responded to a thread that is centered around 43 economists. You then said "Serious question, how many of those economists predicted the market would crash if Trump won?"

Answer 0.

Yes, that was already answered. Thanks for wasting both our time.

 

[Prefect]

Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.

Joe "The Plumber" is this quote incarnate. A journeyman plumber worried about tax policies for businesses that are several magnitudes larger than his dream two man company he may start in the far future.

 

[Islam Imamate]

Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires

That's the quote I was thinking of.

 

[Rod1]

Has America not been usually well served by the "can do" spirit that let people who were not ruling experts or ruling nobles make their decisions?.

All most founding fathers were wealthy and educated.

If the American revolution had been led by an iliterate rube, it wouldnt had amounted to much.

 

[whougonnacall]

All most founding fathers were wealthy and educated.

If the American revolution had been led by an iliterate rube, it wouldnt had amounted to much.

Flipside they also had a deep rooted desire to do whats best for their country and improve it any way they could...most of todays wealtly not so much

 

[PainIsLIfe]

Out of 42 top economists, only 1 believes the GOP tax bills would help the economy
But all of them think it will increase the debt.

Here is the link to the survey:
http://www.igmchicago.org/surveys/tax-reform-2

Maybe one of the #MAGA brosephs in here can explain how Trump is such a wonderful and caring "man of the people".

It ok because the individual tax cuts are only temporary while the business cuts are permanent. All of which means that eventually our taxes will go up to pay for the bill.

 

[PainIsLIfe]

Time to buy gold and bitcoin.

Nope. The market should do really well in this scenario. I'd stay in it for a few more years - at least 5.

 

[MicroBrew]

Maybe one of the #MAGA brosephs in here can explain how Trump is such a wonderful and caring "man of the people".

Do you even 4D Chess bro?

 

[Oedad]

There isn't and if one of those people were President, the thread title would be the same with a name change. But those people aren't President, Trump is so his name gets attached to it. And since he's openly advocating for it, he gets the credit and the blame.

This is what happens when someone is President. It doesn't matter what someone else would have done because no one else has the job. You critique the person in office against what he's actually doing, not against what someone else might have done.

So the failing falls on Trump, unless he comes out and pushes the GOP to change said plan. The GOP isn't going to push anything that they know Trump will veto so he has some leverage in the final bill.

And you can be conservative and thing this bill is terrible. It doesn't have to be unique to also be terrible. Consistently terrible isn't better than uniquely so. That isn't to say this bill is terrible...unless you care about debt and deficits as we've claimed for the last 12 years. You don't cut taxes when the economy doesn't need the stimulus, when you're not also cutting spending or when there's no discernible benefit to doing so.

Thanks for the reply.

It just seems to me that all this bill is accomplishing is essentially admitting so called "conservative" economic policy is mostly a bunch of smoke and mirrors. Most GOP members of congress have no real interest in controlling spending or addressing the debt, and even if some people do hold some deeply held fiscally conservative beliefs and care about those issues it seems that those things really don't matter in terms of the health of the economy, and actually addressing them would probably hurt the people in this country rather than help them.

You mention "You don't cut taxes when the country doesn't need stimulus." If i recall that's pretty much Keynesian economics 101. Cut taxes and spend liberally during a recession and raise taxes when times are good. Its hard to be fiscally conservative when almost every economist and person who looks critically at economic policy pretty much has to admit that what is generally considered fiscally liberal is the proper solution to the problem and the fiscally conservative measures are not necessary or even harmful. (Not that Keynesian style policy is exclusively fiscally liberal but i would say the ideas are expressed more through the US's liberal policy)

 

[MicroBrew]

Joe "The Plumber" is this quote incarnate. A journeyman plumber worried about tax policies for businesses that are several magnitudes larger than his dream two man company he may start in the far future.

And lets not forget that Joe made use of government welfare, but parroted the anti welfare speil of rightwing pundits like Rush.

 

[HomerThompson]

All most founding fathers were wealthy and educated.

If the American revolution had been led by an iliterate rube, it wouldnt had amounted to much.

Donald Trump BTFO!!!

 

[tramendous]

Who cares what demonstrably smart people who are experts in a field have to say?

smart people are with the free masons!

 

[HIMBOB]

Yeah but they are educated therefore leftist hippies.

 

[Fawlty]

Yeah but they are educated therefore leftist hippies.

No doubt many are antifa as well.

 

[D3thr0n3d K1ng]

Yeah it's weird that people have morals and want to earn what they are worth instead of being handed wealth for nothing.

When your morals consists of hurting yourself and your family so that ridiculously wealthy people can have even more things they dont need those are not morals that I would be proud of.

 

[HIMBOB]

Serious question, how many of those economists predicted the market would crash if Trump won?

Thats unfair. They had to base their case on the idea Trump would do what he said he would.

China currency manipulator was a terrible idea.
Locking up Hilary.
Repeal obamacare care.
Build wall.
Bring back coal

The trillion infrastructure and middle class focused tax cuts were pretty widely loved though.


If trump actually enacted the laughably bad policy he ran on it would have been profoundly negative for the economy.

And btw no idea what they said.