Mnuchin: Democrats, not Trump's tax bill, to blame for deficits

Engineer

Elite Member
Oct 9, 1999
39,230
701
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https://www.cnn.com/2018/10/11/politics/mnuchin-budget-deficit/index.html

"We're on our way on growth, the tax bill will pay for itself and provide additional revenue," Mnuchin said.

Trickle down legend lives on.....and has never worked. The "Laugher" curve in action.

"We'll ultimately collect the revenues," Mnuchin said. "But clearly it will have an impact on short-term revenue."

So an impact on short term revenue doesn't drive the deficit at all?

From the LOLOLOLOLOL department. Not sure what to make of these people anymore. Thinks that the tax cuts will pay for themselves and then some and that the military spending increase had nothing to do with the deficits either....only the portion of spending by the Dems.

Things that make you say WTF......
 

Jaskalas

Lifer
Jun 23, 2004
35,017
9,117
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Mnuchin: Nobody could have predicted 1+1 being so difficult.

The definitive trait of the GOP, is mass delusion. Even last night Hannity was complaining of Obama's deficits.
 
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umbrella39

Lifer
Jun 11, 2004
13,816
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It's the 99-1 & 434-1 rule for the GOP and their fanbois...

As long as there is one liberal in town you can still blame them for all your problems...
 

fleshconsumed

Diamond Member
Feb 21, 2002
6,486
2,363
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It's the 99-1 & 434-1 rule for the GOP and their fanbois...

As long as there is one liberal in town you can still blame them for all your problems...
You're not giving them enough credit. Even if it was 100-0 & 435-0 they'd still blame the liberal deep state.
 
Feb 4, 2009
35,782
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Let’s ask someone if this is correct

@pcgeek11

Is the above correct?
Question isn’t deficits being bad or not it’s also not about the budget being too big or too many on welfare/lazy government workers. Question is did the tax cut add to the deficit?
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,684
136
GOP voters don't care. They're too busy screaming "Fuck You!" & Lock her up!" to notice that people like Mnuchin have been robbing us all blind for nearly 40 years. It's all about gun grabbers, baby killers, welfare moochers, Mexican rapists, Crushing tax burdens & a general sense of losing their Freedumb.
 
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Bitek

Lifer
Aug 2, 2001
10,676
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https://www.cnn.com/2018/10/11/politics/mnuchin-budget-deficit/index.html



Trickle down legend lives on.....and has never worked. The "Laugher" curve in action.



So an impact on short term revenue doesn't drive the deficit at all?

From the LOLOLOLOLOL department. Not sure what to make of these people anymore. Thinks that the tax cuts will pay for themselves and then some and that the military spending increase had nothing to do with the deficits either....only the portion of spending by the Dems.

Things that make you say WTF......

I doubt they actually believe it. They know they are just looting the treasury.

The line is just for the moron voters to believe to not notice they are being ripped off.

In fact, they have them so well trained, that their voters don't even demand a good cut of the loot they give over.
 

Bitek

Lifer
Aug 2, 2001
10,676
5,238
136
Mnuchin to GOP voters:

"Hello, morons, over here. We are going to rob the bank, but we need you to let us in. Only you have key, but we'll deal you in for... how about 10%?

Deal? Yes? Really? You know we mean you get the 10%, we're taking the 90...
It's fine? Man, you are dumb...

ln fact, hold the door too morons, and bring the car around. And tell your wife to wear something nice, we'll be taking her out later to celebrate.
You can keep the car warm."
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
And just think....if we could hurry up and get that 3.2 Trillion tax cut in place that the house just passed, how much more growth and revenue generation we could get. It would be YUGE!!!
 

kage69

Lifer
Jul 17, 2003
30,160
44,272
136
These people are such jokes. Desperate jokes.
 
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Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,684
136
I doubt they actually believe it. They know they are just looting the treasury.

The line is just for the moron voters to believe to not notice they are being ripped off.

In fact, they have them so well trained, that their voters don't even demand a good cut of the loot they give over.

Correct. They know exactly what they're doing. They've known it since Reagan. Of course it doesn't trickle down. It never has. Middle class prosperity is simply unrealized profit.
 
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Vic

Elite Member
Jun 12, 2001
50,422
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Let's stop and think on this a minute. All 3 branches of the federal government are controlled by the Republicans, and yet we are still running soaring deficits.
To paraphrase another poster, I'm starting to think they weren't sincere in their concerns about the national debt.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,337
136
The money will be there once they go after the old folks entitlements.
The endgame is to bring about the flat tax by replacing the income tax with the payroll tax, and we don't get the Social Security benefits we paid for.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,684
136
The endgame is to bring about the flat tax by replacing the income tax with the payroll tax, and we don't get the Social Security benefits we paid for.

The end game is for the govt to be a pass through entity for debt maintenance, funding for the military/security complex, minimal infrastructure & a court system to handle contract disputes. The sacred Free Market! will take care of the rest of it.