So you think it’s a one way street. i.e. Tax increases can reduce revenue, but tax cuts cannot increase revenue. Funny, that’s what the critics said of the 2003 Bush tax cuts … which resulted in a 44% increase in revenue over the next four years.
That’s the liberal way … “tax the rich, feed the poor, until there are no rich no more” - Ten Years After
No. Tax cuts decrease revenue. Tax increases increase revenue. There’s no such thing as a free lunch.
Like all conservative ideas, the idea of raising the eligibility age to save money is a descredited one, which means conservatives keep coming back to it because it’s the only thing they can think of.
This was looked at and scored by the CBO in 2012. It doesn’t save any money.
The average life span from the earlier years is skewed by infant mortality rates, which have decreased dramatically. The life expectancy of one who has reached the age of 65 has increased by about 5 years since SS was first implemented.
Facts and numbers arent the lefts strong suit. We are on path for a quarter of 4.2% GDP and Obamas last quarter was 1.5% GDP. Boy, how things change.
You guys said we were on path for 4% GDP last quarter. And the quarter before that.
Don’t count your chickens.
But that raises another question. If you actually think GDP growth is that strong, how come we are running bigger and bigger deficits?
It’s always just about to happen, for the trumpists. Lol
There are tons of articles on it, just one more month and its 4% GDP for the quarter. There is no getting around it.
Is that why Bill Maher is praying the economy will tank, because “The good Economy is around the corner!”, no its already here.
They’re all estimates. There were tons of articles about the estimates of 4% GDP a last quarter and the one before that. You may be right eventually, but you haven’t so far.
From the Atlanta Fed making that prediction. Check out their track record.
Real GDP for 2018 will come in at 2.7-2.9% or thereabouts.
Atlanta Fed is not the US Fed, you realize this right?
Its not an estimate that Obama gave Trump a 1.5% GDP on his way out the door, that was Obamas last quarter as president. What we are experiencing is a huge improvement.
It’s a darn sight better than the -8% Obama was handed.
Ohh we will never forget will we , Obama blaming bush for everything that ever went wrong for 7 of his 8yrs as president. If Trump dare blames obama the MSM cringes.
Bush did not hand Obama a 1.5% GDP LOL! where do you make this stuff up?
Read carefully. Bush handed Obama NEGATIVE 8.2 percent GDP growth.
LOL No he didnt!
https://economix.blogs.nytimes.com/2011/07/29/ranking-the-presidents-by-g-d-p/
LOL Obama had a worst Cumulative GDP than Bush! He did nothing to improve the GDP.
He was handed a 1.7% GDP and turned it to 1.2%.
