Double talk that gives smoke and mirrors a bad name. I opposed it when Clinton and 0bama proposed it. I oppose it now.
He’s spending a trillion on infrastructure over a number of years.
Let’s see how much he slashes the budget before we reach conclusions.
The WASTE alone in medicaid, welfare, IRS, fraud, etc. is in the hundreds of billions.
Their proposals may have sounded a bit like his, but taking CNBC's interpretation as the gold standard is always a mistake - they flail with twisted "logic" and an attempt to skew his actual intentions and ignore other things that he plans to do.. They are trying to say we should stick with what has already been proven as a failure just in case all the failures to date have been flukes....
Cutting tax rates increases Federal tax revenue over time.
I opposed it when Clinton and 0bama proposed it. I oppose it now.
I am inclined to agree although I understand what he is trying to do and feel it will be far more effective than what she would have done.
I don’t believe we need a huge stimulus or more government spending. Business has to believe that we are headed into a good environment with fewer regulation and burdens - it is already happening. The free market will do the rest. I don’t trust congress with spending my kids future on stimulus or any other craptastic idea they come up with. It always goes to their friends with minimal effect for the rest of us.
The relationship between tax rates and revenues is complicated. The latter is far more closely tied to economic activity and if adjusting the former downward enhances economic growth revenue will actually increase. This has been demonstrated many times. But for Democrats how economics work is always a zero sum game. For me to have something I must have taken it from someone else. Projection on their part since thievery is a part of their very nature.
By simultaneously decreasing the country’s revenue and increasing its expenses,
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So they equate “the government” with “the country”?