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Heading for the Trump recession.
- Thread starter keegerosu
- Start date
Because of the CHIPS Act, you moron. Trump repeals it, then you can forget about that investment.
Bless your heart. Budget cuts are hard but if your dear party hadn't been wasting so much money maybe there would be no cuts? Ever think about that simpleton?
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Atlanta Fed now projecting -2.8% Q1 GDP. Before tariffs really kick in, which will make things worse by Q2. Off and running in the Trump era. One of the greatest self-owns we’ve ever seen.
But I thought you leftist told us Biden's economy was great. Now you expect us to believe Trump destroyed that great economy in 30 days? It's not like Trump has passed some BS economic legislation that has caused anything to change.
Tax cuts combined with tariffs, a trade war, and massive spending cuts and layoffs are a recipe for economic disaster. Look, I am a millionaire. My taxes will go down. Turns out I care more about the country than my own wellbeing. Most people on this board though? They may get a few hundred more in their pocket while the trade war costs them $2k/year. Unbelievable how dumb people are.
Tariff War Risks Sinking World Into New Great Depression, International Chamber of Commerce Warns
The world economy could face a downturn similar to the Great Depression of the 1930s unless the U.S. rows back on its plans to impose steep tariffs on imports, a senior official at the International Chamber of Commerce warned.
www.wsj.com
Stock market continuing its sell off today. Likely into the foreseeable future. Meanwhile, useful idiots like Marocain Poke think it's all for shits and giggles.
Tax cuts combined with massive spending cuts and layoffs of government workers are just what the doctor ordered. Tariffs and trade wars are a stupid monkey wrench thrown into the gears.Tax cuts combined with tariffs, a trade war, and massive spending cuts and layoffs are a recipe for economic disaster. Look, I am a millionaire. My taxes will go down. Turns out I care more about the country than my own wellbeing. Most people on this board though? They may get a few hundred more in their pocket while the trade war costs them $2k/year. Unbelievable how dumb people are.
Tariff War Risks Sinking World Into New Great Depression, International Chamber of Commerce Warns
The world economy could face a downturn similar to the Great Depression of the 1930s unless the U.S. rows back on its plans to impose steep tariffs on imports, a senior official at the International Chamber of Commerce warned.
Stock market continuing its sell off today. Likely into the foreseeable future. Meanwhile, useful idiots like Marocain Poke think it's all for shits and giggles.
People keeping their own money from tax cuts will not lead to a recession. Spending cuts cannot happen without having a legitimate place to make the cuts; overemployment is a natural starting place. Tariffs and trade wars are an unnecessary intrusion of markets by a government that will lead to chaos and hasten a recession if there is one.
Dan, tax cuts targeted primarily at 1%ers like me along with spending cuts and elimination of the federal work force will absolutely result in a recession alone. Combine that with a trade war, and it doesn't take a PhD in economics to understand that the economy is going to be screwed.
Oh you mean the House vote to continue the same tax rates we've had since 2017? I have to hand it to the Democrats they know their voters will believe anything they tell them. Somehow in the mind of a Democrat voter continue the same tax rates we've been under the last 7 years is a tax cut. LMAO I knew Democrat voters were not very smart but this one is a whole other level of stupidity.
Please explain in detail how tax cuts, spending cuts and elimination of wasteful government workers will cause a recession.
Do you ever question anything Democrats tell you? Or are you one of those that thinks people are stupid enough to believe your lies?
The 2017 tax cuts were not primarily targeting the 1% everyone of all income brackets benefitted from lower taxes.
From one of the leftist preferred sites no less.
Who Benefited Most From Trump’s Tax Cuts? The Answer May Surprise You
The Tax Cuts and Jobs Act reduced taxes for millions of Americans. Who benefited most? We'll look at tax liabilities, before and after TCJA, for various income levels.
www.forbes.com
The tax cuts are great for me. No question. I can assure you that I benefited disproportionately, particularly relative to you.Do you ever question anything Democrats tell you? Or are you one of those that thinks people are stupid enough to believe your lies?
The 2017 tax cuts were not primarily targeting the 1% everyone of all income brackets benefitted from lower taxes.
From one of the leftist preferred sites no less.
Who Benefited Most From Trump’s Tax Cuts? The Answer May Surprise You
The Tax Cuts and Jobs Act reduced taxes for millions of Americans. Who benefited most? We'll look at tax liabilities, before and after TCJA, for various income levels.
What did you do with the money you saved? Hide it in a hole you dug in the back yard?
You didn't benefit any greater or any less than anyone else, everyone benefitted from the 2017 tax plan.
I know you must feel you are letting the country down considering your self professed massive good fortune and wealth. Please feel free to write an additional check in an amount of your own choosing over and above the amount of taxes you owe each year. I'm sure it will make you feel better. I would suggest at least doubling the amount of taxes you pay each year, after all a man of your means wouldn't feel that at all.
It's the Washington Post. Sourced directly from the Atlanta Fed. Geminy, you people...I can't waste my time any more on you.
It’s the Atlanta Fed making the projection. MSN is just reporting it. This does not guarantee a recession is in our future, but it is a heads up that should be paid attention to but Trump’s economic advisors seem to be ignoring.
