Verified by Janet Yellen , all from the lying "no new taxes" brain dead Biden administration - This is what you dumbass DemocRats voted for as they continue destroying America --https://www.facebook.com/reel/607071207985451
Kevin tells us that government spending decreases interest rates, so I'm assuming that he will follow that stupidity by telling us that tax increases stimulate the economy.
Originally posted by: Boilerman
Kevin tells us that government spending decreases interest rates, so I'm assuming that he will follow that stupidity by telling us that tax increases stimulate the economy.
Can't stop that habit of lying about what other people said, can you?
Kevin lying about his lies. He told us that interest rates increase because Trump starved government of spending.
Is this another one of those hilarious threads where deadbeat, welfare loser David Miller is upset about the impact of the Venezeuala check he got from other peoples' money? You know - the ones who dont suck at life like he does? Those are always fun.
Oh - and what universe are Republicans living in where Trump "starved government of spending"? Is that what they are telling themselves now?
PJ, I'm just repeating Kevin's BS.
Originally posted by: Boilerman
PJ, I'm just repeating Kevin's BS.
You're lying. Prove that I said what you claim.
What I actually said was that Trump starved the government of REVENUE. This forced the government to BORROW, which drove up interest rates. Government spending PER SE neither decreases nor increases interest rates---it's whether a deficit is created that matters.
Got it, stupid Boiler?
Originally posted by: Kevin Lewis
You're lying. Prove that I said what you claim.
What I actually said was that Trump starved the government of REVENUE. This forced the government to BORROW, which drove up interest rates. Government spending PER SE neither decreases nor increases interest rates---it's whether a deficit is created that matters.
Got it, stupid Boiler?
Yet until Covid, tax revenues were up nicely.
Originally posted by: Boilerman
Yet until Covid, tax revenues were up nicely.
Not corporate US taxes which saw a record number of fortune 500 companies paying nothing in Federal Income tax. And that was the big con, wasnt it? Republicans told the public they were getting a tax cut...and by "public" they meant "corporations". And that was coupled with a gutting of the IRS so the remaining companies could cheat on their taxes and get away with it.
I still remembering PaulRyan bragging about the woman whose annual tax cut amounted to a membership at Costco. Thats what the middle class schleps got.
Why were revenues up?
