Surprise! (Not): Trump's budget assumptions based on a lie
 

From that bastion of left-wing thinking, the WSJ, lol.

https://www.wsj.com/articles/trump-i...pid=1860604578

Now Mr. Trump is leading the economy down a primrose path that is even more unrealistic. The administration’s budget, released this week, assumes long-run growth of 3%, a full percentage point higher than the Blue Chip consensus of professional forecasters and 1.1 percentage points above the prediction of the nonpartisan Congressional Budget Office.

And don't forget they double the 2 trillion revenue increase that comes out based on that ridiculous assumption.

How can I be broke, I have checks left, aka: Reaganomics.

Somewhere is the front end of a horse not knowing that the other end is in DC, dismantling what's left of what made the Country exceptional.

Trump lying??? Say it ain't so.

Oh yeah. Its a lie to suggest that the US could return to a 3% growth rate, even though 3% was the average GDP growth rate during the 40 years between 1966 and 2006.

1966 - 1901 the top tax rate was almost 70%, then it dropped to 50% for awhile, then it dropped further and growth stalled. What does that say? Well, it says that the claim of cutting tax rates for the top 10% will stimulate the economy is pure bullshit.

http://www.taxpolicycenter.org/sites...historical.pdf

Keep drinking that covfefe, Mike. :rolleyes:

So you trust Trump over the non-partisan CBO, and most every expert. You're truly stupid.

When all you havs, Potts, is Set party talking points, of course it means that.

Coming from you, that's laughable.

Actually, it's true. What's laughable (or sad) is your fealty to your Dear Leader.

Yawn. You can keep saying that, but it doesn't make it more accurate.

Money from tax cuts go into tax loopholes. Remember your illustrious dingbat of a leader has himself admitted that he has avoided paying Federal income taxes for several years.

Trump in a debate: “I have a write-off. A lot of it is depreciation, which is a wonderful charge,” he said. “I love depreciation.”

This is probably where whell is getting his inspiration from. The article is long and scary but worth a read.

How a ‘shadow’ universe of charities joined with political warriors to fuel Trump’s rise

https://www.washingtonpost.com/inves...mepage%2Fstory

I'm still trying to figure how an at least a semi-intelligent person such as you isn't repulsed by Trump.