Early 80s?I'm guessing you weren't earning much in the early 80's. The Reagan tax cuts chopped the heck out of the top rates, but not so much the lower and middle ones. Since they also eliminated a lot of deductions, I ended up paying about the same. Meanwhile, tax revenues went way down ("Deficits don't matter") and the debt increased for several years after he left office.
Your chart is a "deficit" chart, correct?I'm guessing you weren't earning much in the early 80's. The Reagan tax cuts chopped the heck out of the top rates, but not so much the lower and middle ones. Since they also eliminated a lot of deductions, I ended up paying about the same. Meanwhile, tax revenues went way down ("Deficits don't matter") and the debt increased for several years after he left office.
I know you’re not too good with this stuff and Trump is your dictator, but the recession started in ‘07. Obama was elected a full year later. Therefore, and I’m sure this connection is difficult for you, Obama did not have the power to spend us into a recession. It started in ‘07 and he didn’t become president until ‘09.
what the hell would you know about entrepreneurs? You sit at a desk and collect checks from the federal government while cutting and paste from wrong economic texts.
The government pays me to to come up with processes that expand the role of applications beyond their original intent to eliminate redundancy without additional cost. Whatʻs a wrong “economic text”? For the second time. I should assume that you have no idea what youʻre talking about. But I am too entertained. Please go on.
Show me that the recession started in 2007. And show me what happened to the economy despite three rounds of QE in the Obama years. Iʻm not good at it.
The Obama momentum. Compliments of taxpayers not even born yet.
How many of his businesses have succeded? How many times has he paid his suppliers and contractors? How many banks have lended to him?
Does your master Donald know that you have a job whose description is gobbledygook bureaucratese?
It's history. You have to read about it. I'm sure you don't.
Those are good. Barney Frank in the role of "I am being handsomely supported by the development lobby, so let's not even think about restricting them." Weird. Then you have the others, which basically have Republicans arguing for more regulation! Of course, these pieces go after the Fed-supported mortgage cos., while the private ones (Washington Mutual ring a bell?) aren't mentioned.
You didn't like the description?
Why would you be sure I don't when you've not provided a single source for your "economic history"?
The one with Bernanke denial timeline is even better. When the chairman of the Fed is blind, you know the rest of the sheep will follow.
Classic cluelessness.
