Trump/GOP tax cuts for fatcats looting Treasury

[Bugsy McGurk]

Mnuchin says we’re running out of money sooner than expected. Duh.

Sure, the deficits are soaring and the Treasury is running low, but the fatcats sit back in their boardrooms, puffing their stogies and chuckling.

Their “investments” in Trump and the GOP paid off. Cha-ching!

https://www-m.cnn.com/2019/07/12/politics/mnuchin-congress-letter-debt-crisis/index.html?r=https://www.cnn.com/

 

[llovejim]

just like during the great depression, during the bush recession, rich people do even better during depressed economic times. sure, some of their assets go down, but because most are highly diversified, they do not lose enough to have to sell what they have in order to get by, like the medium rich, the middle class, the working poor, and sell it at depressed prices.....they have the huge discretionary income, and the huge amount of wealth safely tucked away in the bank or in muni bonds or foreign tbills or some offshore account, to buy up good deals that pop up due to other people's misfortune. with a gasbag moron like trump as president, these rich guys knew it was just a matter of time till he screwed something up, and they could really use their new tax cuts and their existing wealth, to withstand the shit storm and make plenty of new buys at greatly reduced prices.

 

[Nostra]

Edited who think that all money belongs to the government are cute.

 

[Bugsy McGurk]

Edited who think that all money belongs to the government are cute.

Fascinating. Any comment on the topic?

 

[reason10]

Mnuchin says we’re running out of money sooner than expected. Duh.

Sure, the deficits are soaring and the Treasury is running low, but the fatcats sit back in their boardrooms, puffing their stogies and chuckling.

Their “investments” in Trump and the GOP paid off. Cha-ching!

https://www-m.cnn.com/2019/07/12/politics/mnuchin-congress-letter-debt-crisis/index.html?r=https://www.cnn.com/

First of all, everything you've just said is a edited lie. Secondly, quoting fake news?

And you wonder why everybody says liberals are such morons.

 

[Nostra]

Revenues are up since the Trump across the board tax cuts for everyone.

What other component to this equation could be the problem? Spending.......something Democrats never worry about.

Who has control of the purse strings? Why, Nazi Pelosi does.

 

[Bugsy McGurk]

Revenues are up since the Trump across the board tax cuts for everyone.

What other component to this equation could be the problem? Spending.......something Democrats never worry about.

Who has control of the purse strings? Why, Nazi Pelosi does.

Trump, like most Republican presidents, is less restrained in spending than Dem presidents.

A little known fact among Fox Noise zombies.

Tax cuts + higher spending = increased deficits and other fiscal problems.

Duh.