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Fred J Chamberlain
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Joined: 30 August 2006
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Posted: 30 June 2018 at 5:03pm | IP Logged | 1 post reply

Bitter, no doubt.
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Peter Martin
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Posted: 30 June 2018 at 5:39pm | IP Logged | 2 post reply

Chunkier than even one might suspect. Hard to swallow.

Meanwhile, how is that Nobel peace price looking? LINK
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Conrad Teves
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Posted: 01 July 2018 at 12:42am | IP Logged | 3 post reply

Just a note on these "tax cuts increase revenue" ideas.  The idea being that if you cut taxes, investors have more money to invest, which will grow the economy, right?  So, if we are taxing (hypothetically) 30% of GDP to pay for all necessary government services in (say) an $18 Trillion dollar economy, and cut taxes by half to 15%, the extra 15% freed into the economy will cause that economy to grow 100% to $36 Trillion dollars to make up the shortfall.
I say phooey!
The tax/gdp relationship is not linear.  If you tax zero percent, the economy does not grow to infinity dollars. If you tax 100% (I.e., 100% slave-based economy) the GDP doesn't fall to zero.  What you are looking for is a sweet spot (without slavery), but we keep getting sold these ideas that cutting taxes is unconditionally beneficial.
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Conrad Teves
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Posted: 01 July 2018 at 6:56pm | IP Logged | 4 post reply

The United States "Fair And Reciprocal Tariff" Act.  The FART Act.
(palm of the face).

The Orange One loves the word "reciprocal." He must have named it himself.

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Kevin Brown
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Posted: 01 July 2018 at 8:43pm | IP Logged | 5 post reply

Best not to stand down wind from that act then....
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Brian Miller
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Posted: 02 July 2018 at 6:16am | IP Logged | 6 post reply

Good lord. 
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Mark Rand
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Posted: 02 July 2018 at 1:37pm | IP Logged | 7 post reply

"Just a note on these "tax cuts increase revenue" ideas.  The idea being that if you cut taxes, investors have more money to invest, which will grow the economy, right?

***

The idea is also incentivizing hiring and consumer spending. Increased revenue may not necessarily follow tax cuts, but it undeniably has in the past. What is guaranteed however,(at least in this latest round)is people keeping more of what they’ve earned. Something that supply siders consider significantly more beneficial than maximizing the government share of the pie. The fact that it may not negatively impact revenue at all just makes the tax reduction overdue in my view.  

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Trevor Krysak
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Posted: 06 July 2018 at 9:53am | IP Logged | 8 post reply

Trump wanted to go to war with Venezuela?

Hopefully the people around him can continue to walk him back from ideas like this in the future.


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Charles Valderrama
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Posted: 17 July 2018 at 1:01pm | IP Logged | 9 post reply

To no one's surprise, Trump is insisting his summit with Putin yesterday was a SUCCESS despite almost universal condemnation. (Guess that even Murdoch was caught off guard, because he didn't send out a "Do-NOT-Knock Donald" directive to Fox News!!)

Trump proved that he's Putin's sock puppet before the entire world.

Can't imagine we live in a country that would re-elect him after this..!!!

-C!


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Peter Martin
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Posted: 17 July 2018 at 1:04pm | IP Logged | 10 post reply

But Putin gave him a strong denial of tampering with the election. Surely, Putin's word is good enough to put this issue to rest?
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Eric Ladd
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Posted: 17 July 2018 at 1:15pm | IP Logged | 11 post reply

For me, the best part of the Q&A was when Putin was asked and confirmed that he preferred to have the orange sock puppet as President over Hillary. I can't tell you how many arguments I got into where sock puppet supporters insisted that Russia would have wanted Hillary as President because the Rumpster would be waaaaaaay too tough on Russia. I argued the contrary at the time, but using logic in those discussions was futile. Now I am armed with facts, but I doubt that sways any puppet supporters.
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Rebecca Jansen
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Posted: 17 July 2018 at 4:14pm | IP Logged | 12 post reply

"Strong meeting". The credibility gap has to be at an all time high for any U.S. president; he's definitely now outdone even Nixon never mind Bill Clinton.

I can't imagine actual conservatives supporting such an entitled whining snowflake victim after years of them going on about entitled whining snowflake victims, but they did. Commie stooge is a small step from there perhaps?

They're talking about can they even share their own U.S. intelligence with Trump after this and a past slip of info to a Russian by him. He could mention something and weeks later comrade Vlad has someone poisoned on your block. Private meets, private phone calls... bigger security problem than Hillary two crummy emails about her own phone calls nobody actually got in the hour or so they'd have been sensitive. Other democratic governments now can't share intelligence with the U.S. as in the past, that's a fact. Still not enough people sick of this 'winning'?


Edited by Rebecca Jansen on 17 July 2018 at 4:18pm
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