Author Topic: The Donald Trump Thread  (Read 135262 times)

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Offline kimmy

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Re: The Donald Trump Thread
« Reply #1545 on: February 05, 2018, 09:22:32 am »
Trumpian economics: ignore all those clamoring with annoying questions about lost revenue and spiraling deficits associated with tax cuts for the rich - just borrow mo' money!

"The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year" ---

Yes. The deficit was one of the Republicans favorite complaints, up until they were in position to do something about it. Now they're the 3 monkeys when it comes to the deficit. See no deficit, hear no deficit, and certainly don't say anything about the deficit.   The "Tax Reform" heist will aggravate the deficit to even greater levels.

On the same theme, Republicans used to love to talk about "labor market participate rate".  As in "the unemployment rate only looks good because it doesn't include people who aren't even looking for jobs anymore! The Labor Market Participation Rate is lower than it has been in decades!"   Now Republicans love talking about the unemployment rate, and ignore the Labor Market Participation Rate. Because it has continued to inch downward and is now even lower than it was under Obama.

And when the stock market indexes were going up up up under Obama, Republicans always said "this isn't an indicator of a healthy economy! This is just evidence that Wall Street is getting rich while ordinary Americans struggle!"  Now Republicans have decided that stock market indexes are a great indicator of a healthy economy.

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