Message from @🎃Boo-ton🎃
Discord ID: 413421897427189760
You know what this means?
The Bushite/McCain Republican wing is now officially dead.
They cannot even show their faces anymore, this is now the Trump party.
The only major mormon presidential candidate in history cannot even get backed in fucking Utah.
That speaks volumes about the state of the neocons, there won't be any new ones, only nationalists from here on out.
This is incredible economic news
He cut taxes and then the next month ran a SURPLUS
Holy shit
makes sense
as businesses invest more of the money they save, their profits go up and they end up with more in percentage to give to the fed
It's going to bode very well if it keeps up
Democrats may have shifted the American mindset on healthcare,
The only negative people have on the tax cut is how much it'd drive up the deficit
but Republicans have now forever changed how Americans think about taxes
If the deficit for fiscal year 2018 really will be only $176 B like the treasury report says it is, the we've got some amazing news on our hands
I think the federal shutdown may have had something to do with the surplus
Anyways, if stuff like this keeps up alongside the bonuses and the cuts in taxes, CRUMBS act, then there's absolutely nothing they can do with the stock market to fuck over Trump.
I'm having a good day
@FLanon when was the last time we ran a surplus ?
under Clinton
so, on a month by month basis, it's never been a surplus since then ? I know it was a surplus on a yearly basis under Clinton
@🎃Boo-ton🎃 I'm not sure about that on a month to month basis
Yearly, yeah, it was Clinton. I think between then and now we must have had one month which was a surplus.
Trump's not really fiscally conservative tbh
he thinks the debt can go away by increasing revenue,
but it will never enough for that, he'd have to make significant cuts to the healthcare programs
Unfortunately
Looked it up, Sept. 2017 was a surplus month
We definitely have to be much more efficient on healthcare programs, that's the main issue with the system
Medicare Part D bars the government from negotiating with drug companies to lower prices
I wish Trump would look more at these kind of budget issues more closely, and cut in the military as well, but it's a small issue for me.
Probably going to get shat on for this, but running a federal surplus is going to be very harmful to our economy
Clinton helped set up the stage for the financial crisis by running up huge surpluses, leaving the private sector to run a deficit. Bush brought that back down when his deficit helped us grow like around 5% of the GDP, but the private sector moved back to taking on deficits due to lender fraud.
You have to look at this politically. Even if your theory is correct, the thing is the idea of a tax CUT making the debt lower is optically a victory. I personally don't believe in the idea of having large debt being okay because I don't trust the fed to handle our money and interest benevolently. We can theorize all we want about this, and I'll read more about economics to make myself more educated on this kind of stuff, but as it stands, I'm in this for the social and political issues. My idea of winning the economics battle is making it so where single-income families can be viable again so someone can stay and take care of the kids.
Politically, having large public debt isn't the problem. Having large private debt is. If you want single-income families or double-income families to be viable, then you want them to save and invest more. I agree that tax cuts on the lower and middle income class is great but so is increasing government spending.
@snickers one of the big drawbacks of having the Government spending stimulate the economy is that the government wastes more so it's not as effective.
Waste on what
Stimulating the economy
No like what does the government waste money on