Trump's economy is booming, but so is inequality

LV426 said:
First of all, what fucking jobs?

The ones taxpayers are paying half the living wage for anyway?

Walmart employs 1.2 million people; we can very easily put those 1.2M people to work rebuilding our infrastructure, repaving our roads, implementing green energy standards across public buildings and lands, and construct a smart grid that is not vulnerable to foreign hacks by your Russian friends.
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Taxpayers do not fund Walmart.

Walmart employees do not have the skill set to build bridges, repave roads, construct power plants, or build a computer network. Those that do have those skill sets command a higher price.
 
LV426 said:
What was promised?

Well...

1. Wages would increase by $4,000-$9,000 (THEY DIDN'T)
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It effectively did for many people. Their take home pay did improve that much. You have to be working to get it though.
LV426 said:
2. The Tax Cuts would "pay for themselves" (THEY DIDN'T)
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They did. Because business has improved so much, revenue through the government has already increased.
LV426 said:
3. The market would grow to new heights (IT DIDN'T)
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It already has.
LV426 said:
4. Jobs would be "brought back" (THEY WEREN'T)
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Yes they have. More are coming back even now.
LV426 said:
5. We'd get 3% growth in 2018 (WE DIDN'T)
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No, it's about 3%. Sure beats the contracting economy under Obama!
LV426 said:
So before your stupid defense of the pointless tax cuts even gets started, we must first reconcile that every single promise made of the tax cut was not fulfilled and will never be fulfilled.
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It already has. Get yer head out from under that rock.
 
Into the Night said:
Their take home pay did improve that much.
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No it didn't.

The average amount was just $350.

Not $4,000.

$350.

And "take home pay" isn't what was promised to grow by $4000...wages were.

So now you're moving the bar to cover for the fucked up prediction you made.

Total fucking fraud.
 
Into the Night said:
They did. Because business has improved so much, revenue through the government has already increased.
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WRONG! YOU ARE A LAZY LIAR.

See, this is where your laziness is coming back to bite you in the ass.

Here's Treasury's actual statements.

Receipts
Jan-2017: $344,069
Feb-2017: $171,713
Mar-2017: $216,584
Apr-2017: $455,605
May-2017: $240,418
Jun-2017: $388,660
Jul-2017: $232,040
Aug-2017: $226,311
Sep-2017: $348,722
Oct-2017: $235,341
Nov-2017: $208,374
Dec-2017: $325,797
Total-2017: $3,393,634

Receipts
Jan-2018: $361,038
Feb-2018: $155,623
Mar-2018: $210,832
Apr-2018: $510,447
May-2018: $217,075
Jun-2018: $316,278
Jul-2018: $225,266
Aug-2018: $219,115
Sep-2018: $343,559
Oct-2018: $252,692
Nov-2018: $205,961
Dec-2018: $326,123
Total-2018: $3,344,009

So, in Conservatardia, is $3,393,634 < $3,344,009?

Be honest.
 
Into the Night said:
No, it's about 3%. Sure beats the contracting economy under Obama!
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Look at the bar get moved!

"about 3%"

It was "about 3%" in 2015.

In fact, it was higher in 2015 than 2018.

The economy under Obama stopped contracting in 2010.

You are a liar because you don't know what it means to tell the truth.
 
Into the Night said:
It already has.
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NOPE!

Revenue in 2018 was below 2017
Job growth in 2018 was no better than 2017, which was the worst since 2011
Market growth of less than 3% in 17 months
GDP growth below 3%
Lower refunds
Wage stagnation

But by all means, continue defending that stupid Tax Cut that is even less popular than Obamacare.
 
LV426 said:
"Effectively"?

No they didn't. Not even close.

You all promised wage gains of at least $4000.

No one's wages grew by that much.
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Argument of ignorance fallacy. You have to be working to see the wage increase, dude. I am convinced you are not working.
 
LV426 said:
WRONG! YOU ARE A LAZY LIAR.

See, this is where your laziness is coming back to bite you in the ass.

Here's Treasury's actual statements.

Receipts
Jan-2017: $344,069
Feb-2017: $171,713
Mar-2017: $216,584
Apr-2017: $455,605
May-2017: $240,418
Jun-2017: $388,660
Jul-2017: $232,040
Aug-2017: $226,311
Sep-2017: $348,722
Oct-2017: $235,341
Nov-2017: $208,374
Dec-2017: $325,797
Total-2017: $3,393,634

Receipts
Jan-2018: $361,038
Feb-2018: $155,623
Mar-2018: $210,832
Apr-2018: $510,447
May-2018: $217,075
Jun-2018: $316,278
Jul-2018: $225,266
Aug-2018: $219,115
Sep-2018: $343,559
Oct-2018: $252,692
Nov-2018: $205,961
Dec-2018: $326,123
Total-2018: $3,344,009

So, in Conservatardia, is $3,393,634 < $3,344,009?

Be honest.
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Argument from randU fallacy. Contextomy.

2017 total U.S. federal receipts from all tax sources: $3,760,542.00
2018 total U.S. federal receipts from all tax sources: $3,973,974.00
Source: Tax Foundation, a statistical group monitoring taxes and budgets of governments, including the U.S. federal government.
 
LV426 said:
Has it? We didn't have a tax cut in 2015, and more jobs were created in 2015 than 2018.

GDP growth in 2018 was 2.85%
GDP growth in 2015 was 2.88%

In Conservatardia, is 2.85% > 2.88%?

Be honest.
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GDP is not employment numbers. False equivalence fallacy. Be honest.
 
LV426 said:
Since the start of the Russia Tax Cut, the market has grown less than 3% in 17 months.

That's the worst market growth since the Great Recession. Even worse than 2015.
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Argument from randU fallacy.

Russian tax cuts do not affect the U.S.
Normal GDP in the U.S. tends around 3%. It went as low as 0.4% under Obama.
 
LV426 said:
No they're not.
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Yes they are.
LV426 said:
Instead, jobs are leaving; Harley Davidson, General Motors, BMW, Carrier, etc.
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These four companies are not all the jobs in the United States, nor even a majority of the jobs in the United States. False equivalence fallacy. Compositional error fallacy.
LV426 said:
Job growth in 2018 was no better than 2017, which was the worst since 2011.
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Argument from randU fallacy, and a lie.
 
LV426 said:
Look at the bar get moved!

"about 3%"

It was "about 3%" in 2015.

In fact, it was higher in 2015 than 2018.

The economy under Obama stopped contracting in 2010.

You are a liar because you don't know what it means to tell the truth.
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No, it was contracting all the way to the end of 2015. It was down to as low as 0.4%.
 
LV426 said:
NOPE!

Revenue in 2018 was below 2017
Job growth in 2018 was no better than 2017, which was the worst since 2011
Market growth of less than 3% in 17 months
GDP growth below 3%
Lower refunds
Wage stagnation

But by all means, continue defending that stupid Tax Cut that is even less popular than Obamacare.
Click to expand...

Already have. You just keep making up numbers and taking things out of context. Done here.
 
LV426 said:
NOPE!

Revenue in 2018 was below 2017
Job growth in 2018 was no better than 2017, which was the worst since 2011
Market growth of less than 3% in 17 months
GDP growth below 3%
Lower refunds
Wage stagnation

But by all means, continue defending that stupid Tax Cut that is even less popular than Obamacare.
Click to expand...

Okay. You continue to make up numbers and other false information. Agreed?
 
Into the Night said:
Okay. You continue to make up numbers and other false information. Agreed?
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I haven't made up anything.

You're the ones who "made up" that the tax cut would increase wages by $4K-$9K - NOT after-tax income, WAGES.

You're the ones who "made up" that the tax cut would "pay for itself"

You're the ones who "made up" that the tax cut would produce at least 3% growth.

Nothing you've said about your shitty tax cut has been true, so why would you start telling the truth now?
 
Into the Night said:
Argument of ignorance fallacy. You have to be working to see the wage increase, dude. I am convinced you are not working.
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You all promised back in December 2017, that if we passed your shitty Russia Tax Cut, wages would increase by at least $4,000-$9,000.

They didn't.

So since that prediction was fucking wrong, why would any other prediction of yours be correct?
 
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