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Originally Posted by ThePrince
So you seriously think that none of Trump’s policies had any effect until #### hit the fan with the pandemic?
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No, I know those policies had a negative affect the second they were passed. It was only a matter of time before the negative impacts would be felt. It doesn't take an economist to understand that by excessive spending and cutting revenues is certain to have immediate and long-term negative impacts.
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And you’re arguing with me that you’re not shifting things to fit your narrative?
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Please show me any data that supports your position. I’ve shown you data that supports mine, you can either ignore that and move the goalposts to fit your narrative, or actually provide any data and evidence that backs your views.
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Your document/graph supported everything I said, almost down to the month for projection of how policies work. If you want more support, look no further than the increase in debt under Trump versus the administrations before and after.
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For example, when you talk about Trump’s tax cuts doing nothing for poorer people, are you going to completely ignore the doubling of the standard deduction, which is going to basically only affect the lower and middle classes?
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Which is temporary and also just reduced revenues. All he did was provide temporary relief while piling up the debt on the corporate credit card. This is why every company Trump touches ends up in bankruptcy. He admits it himself, his companies live on leverage of debt and that is why they all crash. Without new sources of income the weight of that spending is certain to cause catastrophic failure. If you're not paying attention to both sides of the balance sheet you're missing pretty much everything.