actually not such a far fetched idea, but I think he'll probably just bully China with Russia, India and Japan....then impose sanctions before he breaks it up and divies up the real estate...it's going to be his legacy!!!! Make China a great casino again!
https://www.washingtonpost.com/news...t-for-economic-growth/?utm_term=.b5488cffcdcd Trump eventually had to scale back his tax plan’s hefty price tag: The top individual rate in the plan is now 33 percent, individual deductions are capped, and “pass-through” businesses get a smaller tax cut. Yet the downsized proposal came with similar growth projections. A fact sheet distributed by the campaign estimated that the economy would expand at an annual rate of between 3.5 percent and 4 percent following the overhaul of the tax code, compared with the 3 percent rate Trump originally had cited for the more aggressive package: “The Trump campaign's economist estimates that the plan would conservatively boost growth to 3.5 percent per year on average, well above the 2 percent currently projected by government forecasters, with the potential to reach a 4% growth rate.” In a speech in New York, Trump focused on the higher figure — and again suggested it wasn’t high enough. “That's why I believe it's time to establish a national goal of reaching 4 percent economic growth. And my great economists don't want me tosay this, but I think we can do better than that. Now, they're upset. They'll be very upset. But I think we can do, and maybe substantially better than, that.”
fill in the blanks with natural disasters, the cost of two wars and the process of reconstruction.......making money is all your graphs show....what money is spent on is conveniently absent....you realize how many national and global tragedies we've been slammed with over the last decade have cost? This is skewed Denny and why polls are just specks of dust on the table of reality. Get back to me when Trump miraculously turns all these things around with a twitter account
What the government TAKES is some % of the overall GDP figure. If GDP is $100 and the tax rate is 5%, it TAKES $5. If GDP is $200 and the tax rate is 5%, it TAKES $10. A tax cut to 4% and it takes $8. $8 > $5. The idea is to get GDP to $200. The data are the data. After spending $4.4T any way he saw fit, you got Obama's weak growth.
Wait until his Katrina happens.....or his arms race...if Trump does a fraction of what his bluster proclaims....I'll be shocked. I think we're facing a transition that'll take half a century to sort out..and don't expect a quick fix in my lifetime
If it stops raining for two years, we are attacked on two fronts, have a rebellion, etc....you can flush the wall street projections down the toilet....but hey...you could be right...let's hope there's an answer around the corner...shit happens doesn't really have a poll or graph yet
yeah...those dips to me mean we had to spend a shitload of money on one or the other....proves my point about what the up and down meter really reflects
Obama printed $3T or more in money and borrowed $10T. All that is ADDED to GDP, increases it. Just wow, was he bad.
when a tree falls on your roof....you have no choice...maybe you wanted to keep that money but the roof is all between you and winter.....Will Rogers
Why should Mags speak for Trump? Under certain proposals, 6% was feasible. Scaled those plans back, 4% is more realistic.
If it's my roof he does....Trump might stiff him for shoddy work excuses while groping his daughter....but hey...
