I think I know the difference between a fact an opinion. Here was your post I responded to:
The facts CD are in the actual numbers on the economy prior to the virus. Don't play coy you know I'm correct.
Your post suggest without this covid outbreak we would have had an economy that was "SOARING". The post context was not about the economy prior to the outbreak. What this is on your part is conjecture. It is not fact. This is your opinion. Your opinion is not a fact.
It tells the story that wages rose significantly for blue collar workers and low income African Americans. It is a fact reported by the Bureau of Labor Statistics. I didn't make it up.
It was soaring and the trajectory was up. Don't be a fool because you hate Trump. Numbers don't lie
El oh el. Have you watch anything on the economy lately? His policies have killed the mom & pop small businesses in urban America. Luckily many Gov’s have figured out that they don’t have to listen to his nonsense. They kept economies open against the cdc, Fauci and Biden’s wishes. Amazing that they have better results than the liberal states. Now couple that with his actual economic policies haven’t even been implemented yet and there you have it. This is Trumps economy dwindling away. Give it 12 months and watch the blame shift to its Trumps fault. Lmao
www.pgpf.org
......and republicans have nothing to do with it right? They spend more than dems. Look it up over the last 40 years.@cdwright40 here is an article the FEDERAL RESERVE (that's us) buying our own debt treasury bonds. Their balance sheet is now at 7.1 TRILLION DOLLARS of our own debt. It's VOODOO economics.
The Federal Reserve Holds More Treasury Notes and Bonds than Ever Before
Beginning in mid-March 2020, the Federal Reserve initiated an aggressive policy of quantitative easing — which involves the purchase of government securities, corporate bonds, and other financial instruments — with the aim of keeping interest rates low an
It's NOT a party post it's an economic post. Stick to the issue.
Did you even read the post my post was directed to? I suggest you do cuz you sound like a fool.
These fools don't understand that tax giveaways to the rich and big companies is a form of spending when you don't offset it with expense reductions. Smfh
You don't understand that tax cuts to business always leads to higher revenues to the Treasury just ask JFK.
Nope... but it is willful ignorance though. This tax cut cost our country over 2 Trillion dollars in revenue. Revenue needed to pay down the national debt they spent 8 years complaining about when Obama was in office. We desperately need to update our infrastructure or there will be even more cost. They try to have it both ways whine about our debt when Dems take office and benefit from all the investments in things like the internet. Dems invest. Republicans spend. Give handouts to the people who don't need it ..but pay cucks to get for them.
It's not up to rich people or corporations so I don't even know what you are talking about. They don't decide what is best for this country.
So Gates, Zuckerberg, Dorsey and Bezos are all making minimum wage and have nothing to do with who's voices the country hears?
Crypto incoming@cdwright40 here is an article the FEDERAL RESERVE (that's us) buying our own debt treasury bonds. Their balance sheet is now at 7.1 TRILLION DOLLARS of our own debt. It's VOODOO economics.
The Federal Reserve Holds More Treasury Notes and Bonds than Ever Before
Beginning in mid-March 2020, the Federal Reserve initiated an aggressive policy of quantitative easing — which involves the purchase of government securities, corporate bonds, and other financial instruments — with the aim of keeping interest rates low an
Problem in this country is stupidity. If we are not careful it will spell the end. Our own Fed buying our own debt just like after the 2008-9 Real Estate meltdown is phony, fake, and an illusion.
You had to go back to JFK to make your point? That tells us all we need to know about your theory. With all the GOP tax cuts since JFK we still can't seem to balance a budget. Even Trump never came close to balancing a budget. What happened?
Rich people are a very small percent of our population. Our electorate is comprised of constituents of every background financially. Not just rich people. I know you like to lay at the dong of some rich people but that isn't how American society works. Everyone has a voice in who represents us to craft legislation that is meaningful for everyone. Keep up.
Who has? You gonna say Clinton? Well the Republican Congress had a lot to do with that. Of course that wasn't the point of my post. The point was that even the beloved Democrat JFK knew that lowering taxes brought in more investment and thus more revenue to the Government.
www.npr.org
But my point is, lowering taxes don't do shzt for the average Joe. Pun intended.Who has? You gonna say Clinton? Well the Republican Congress had a lot to do with that. Of course that wasn't the point of my post. The point was that even the beloved Democrat JFK knew that lowering taxes brought in more investment and thus more revenue to the Government.
JFK's Lasting Economic Legacy: Lower Tax Rates
President Kennedy presided over a nearly miraculous economic turnaround. At the time of his death in November 1963, corporate profits were hitting record highs and stock prices were soaring. Kennedy also did something that conservatives have been praising ever since: He pushed for much lower tax...
The United States President submits budget proposals. Clinton submitted this one and the political party in congress is not as important as who is on the budget committee. These budgets are set by the office of management and budget. Referred to as OMB with the president. Your ridiculous attempt to give "a republican congress" credit is asinine. It isn't their budget. It is the responsibility of the Executive Branch. People like you go from blaming Obama for overspending to asking for credit when your party is congress is just stupid. These parties are expected to work for the American people. Both parties.Who has? You gonna say Clinton? Well the Republican Congress had a lot to do with that. Of course that wasn't the point of my post. The point was that even the beloved Democrat JFK knew that lowering taxes brought in more investment and thus more revenue to the Government.
JFK's Lasting Economic Legacy: Lower Tax Rates
President Kennedy presided over a nearly miraculous economic turnaround. At the time of his death in November 1963, corporate profits were hitting record highs and stock prices were soaring. Kennedy also did something that conservatives have been praising ever since: He pushed for much lower tax...
CD I suggest you look up The Contract With America authored by Republican Congress and Speaker of the House Newt Gingrich.
That is a full of shit post.Bureau of Labor Statistics showed wages for Arican Americans and blue-collar workers rose significantly under Trump .Let's see you refute that.
@cems52 read for yourself.
My opinion is based around ACTUAL events occurring prior to the pandemic. The trajectory for our economy was up by all economic matrix.
It is an opinion or a fact. Trump is not president any longer. So, it can not be a fact.
So your point is lowering taxes will raise wages. How? Please explain. It didn't work for W. Why? Here are facts I'm certain you don't know. W lowered taxes which resulted in increased deficits and revenues reduced by $1.8 trillion. These cuts did not improve the economy but instead increased the deficit and debt but also contributed to a rise in income inequality.
Lowering taxes and getting rid of regulations helps small businesses ,. People have more disposable income. They buy more products and services. Businesses expand and raise wages to keep good people. Corporations that had left come .back. Is that so hard to understand? Biden, your idol, is doing the exact opposite, and will get the opposite results- crippling small business.
