1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Trump's Final Numbers, lost 2.9 Million Jobs, unemployment rose from 4.7% to 6.3%

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Mar 8, 2024.

Page 2 of 3
  1. Deckard

    Deckard Blade Runner
    Supporting Member

    Joined:
    Mar 28, 2002
    Messages:
    57,774
    Likes Received:
    41,189
    Don’t forget trump’s gigantic tax cut, JV, the $1.9 trillion dollar Tax Cuts and Jobs Act. Passed entirely by Republicans in 2017 by 51-49 in the Senate and 224-201 in the House (12 Republicans voted against it), it played a very large role in adding massively to the deficit, Covid or not. The huge tax cuts for corporations are permanent. The tax cuts for everyone else? Most expire in 2025, something mentioned by the GOP and trump’s administration as little as possible.

    Just thought I’d mention it.

    https://www.investopedia.com/taxes/trumps-tax-reform-plan-explained/#:~:text=Key Takeaways,families will expire in 2025.
     
    #21 Deckard, Mar 9, 2024
    ROCKSS and adoo like this.
  2. JuanValdez

    JuanValdez Member

    Joined:
    Feb 14, 1999
    Messages:
    35,052
    Likes Received:
    15,227
    I'm not dogging Biden. I'm dogging the person who thinks quoting numbers without context is somehow an insight.
     
    #22 JuanValdez, Mar 9, 2024
    Astrodome likes this.
  3. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    an eg would be this parroting w/o context​

     
    #23 adoo, Mar 9, 2024
  4. Invisible Fan

    Invisible Fan Member

    Joined:
    Dec 5, 2001
    Messages:
    45,954
    Likes Received:
    28,046
    Your typical weekend sniveling has become cute like a starved teacup poodle. :D

    You dug this old subject you love to half-aassedly rehash that we could go over several times with context in this thread.

    At best, you're just too lazy or stubborn to address anything in detail in that thread.

    At worst, you've Dunning Kruger'd yourself (like your thoughts on "QE" for China or the Depression (!)) And can only nitpick lines from me to make us both look bad.

    I shouldn't derail this embarrassment and let you cook.
     
    #24 Invisible Fan, Mar 9, 2024
  5. Ottomaton

    Ottomaton Member
    Supporting Member

    Joined:
    Feb 14, 2000
    Messages:
    19,181
    Likes Received:
    15,317
    So it just really hit me that we're going to spend the next 8 months re-hashing The Donald's first term from both sides of the isle over and over, drilling down on meaningless minutiae ad infinitum when we can't even achieve consensus on the basic facts, and I'm already over it.

    If anybody can put me in a medically induced coma until Nov 7th, I'd be willing to pay good money.
     
    #25 Ottomaton, Mar 9, 2024
    ROCKSS and FranchiseBlade like this.
  6. deb4rockets

    deb4rockets Member
    Supporting Member

    Joined:
    Oct 8, 2013
    Messages:
    24,771
    Likes Received:
    31,887
    COVID a Hoax I'll tell 'em. Let 'em die while I lie. I need to golf and hold rallies & fundraisers. We need people there. I have flags & hats to sell, propaganda to push, and lies to spread.
     
    #26 deb4rockets, Mar 11, 2024
    DaDakota, adoo and FranchiseBlade like this.
  7. Dairy Ashford

    Dairy Ashford Member

    Joined:
    May 20, 2002
    Messages:
    14,585
    Likes Received:
    1,888
    COVID affected those numbers
    There was a DNC congress for half his term
    The economy is shaped by more than executive orders or implementation of legislative policy, and grows and contracts more consistently than on a presidential electoral or partisan scorecard (as we should want it to).
     
    #27 Dairy Ashford, Mar 11, 2024
  8. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    COVID did not happen until 2019, his last year in office

    there was a GOP -controlled congress when Trump took office, which helped his admin to pass the tax cut skewing to benefit the top 1% eaners, financed by the middle class.
    • Trump's tax cut was skewed to favor the top 1% earner
      • eliminated the Alternative Minimum Tax, to the delight of the top 1%
      • placed a cap ont SALT deduction, the most popular tax deduction for the middle class.

    ​
    Team Trump was not as serious about the other campaign promises

    in addition to having Mexico to pay for the souther border wall and repeal ObamaCare,
    Trump’s 2016 campaign also pledged on an infrastructure bill, as well as a massive tax cut for the middle class..

    except for the tax cut, which was skewed to favor the top 1%, Putin's useful idiot failed on all the other campaign promises

    ​
     
    #28 adoo, Mar 11, 2024
    FranchiseBlade likes this.
  9. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924

     
    #29 adoo, Mar 15, 2024
    deb4rockets and FranchiseBlade like this.
  10. rocketsjudoka

    rocketsjudoka Member

    Joined:
    Jul 24, 2007
    Messages:
    58,167
    Likes Received:
    48,332
    Sadly many seem to have short term amnesia or selective memory of what things were like during his first term. Heck practically every member of the GOP in Congress seems to have forgotten that many of them were hiding or running for their lives on Jan. 6th.
     
    #30 rocketsjudoka, Mar 15, 2024
    astros123 likes this.
  11. FranchiseBlade

    FranchiseBlade Member
    Supporting Member

    Joined:
    Jan 14, 2002
    Messages:
    51,780
    Likes Received:
    20,438
    4 years ago under Trump, we couldn't find toilet paper on the shelves of grocery stores, there were no paper towels, shelves were empty, people were unable to work and somehow we should long for those days?
     
    #31 FranchiseBlade, Mar 15, 2024
    astros123 likes this.
  12. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    ​
     
    #32 adoo, May 11, 2024
    No Worries likes this.
  13. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    ​
     
    #33 adoo, May 11, 2024
    No Worries, deb4rockets and astros123 like this.
  14. DaDakota

    DaDakota Balance wins
    Supporting Member

    Joined:
    Mar 14, 1999
    Messages:
    128,570
    Likes Received:
    38,801
    Trump is a greedy idiot.

    DD
     
    #34 DaDakota, May 11, 2024
    deb4rockets and astros123 like this.
  15. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    as POTUS, altho he failed to repeal the ACA, even with a GOP-controlled Congress, the convicted felon sabotaged the Affordable Care Act
    1. Cut ACA subsidies to insurance companies offering coverage on the exchanges.
    2. Construct off-ramps to cheaper, lower-quality insurance.
    3. Reduce outreach and opportunities for enrollment in the ACA’s insurance exchanges.
    4. Promote waivers that would decrease ACA enrollments and undermine its regulatory structure.
     
    #35 adoo, Jul 9, 2024
    FranchiseBlade likes this.
  16. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    #36 adoo, Sep 18, 2024
    ROCKSS likes this.
  17. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    justaposition the monthly job creation by the past 7 POTUS

    [​IMG]​
     
    #37 adoo, Sep 18, 2024
    ROCKSS likes this.
  18. DaDakota

    DaDakota Balance wins
    Supporting Member

    Joined:
    Mar 14, 1999
    Messages:
    128,570
    Likes Received:
    38,801
    This is what Harris should be talking about his failure in the last term.

    DD
     
    #38 DaDakota, Sep 18, 2024
    ROCKSS likes this.
  19. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924

    Donald Trump’s great economic promise in the 2016 elections was to stop the offshoring of American jobs. So has it worked?



    Between Trump’s inauguration day and the end of June 2020, the Labor Department certified 1,996 petitions related to companies shifting work overseas. Those petitions covered 184,888 jobs
    in fields ranging from manufacturing to back-office functions for financial services companies.

    For the equivalent period of k Obama’s second term, the Labor Department actually certified fewer petitions covering fewer jobs. (1,811 petitions affecting 172,336 jobs).


    ​
     
    #39 adoo, Sep 28, 2024
  20. adoo

    adoo Member

    Joined:
    Mar 1, 2003
    Messages:
    11,786
    Likes Received:
    7,924
    attributable to The Tax Cuts and Jobs Act (TCJA), a major overhaul of the tax code, signed into law by POTUS Trump on Jan. 1, 2018.

    the TCJA creates clear incentives for American-based corporations to move operations and jobs abroad, including a zero percent tax rate on many profits generated offshore.

    New tax cuts to incentivize bringing jobs back to the United States will fail. https://itep.org/trump-gop-tax-law-...s-offshore-and-new-tax-cuts-wont-change-that/
     
    #40 adoo, Sep 28, 2024
(You must log in or sign up to post here.)
Page 2 of 3

Share This Page