(Total Views: 79)
Posted On: 06/03/2018 10:25:20 PM
Post# of 128448
Re: wowhappens28 #12261
Long winded attempt to blame the mythical, all powerful, 'deep stat' for the failure, repeated failure. of conservative GOP trickle down economics.
I've repeatedly posted here about the no win strategy of tax cuts during a still recovering, yes strengthening economy, that would both drive up deficits and interest rates while depriving the Fed AND the government of the usual recession fighters, lowering interest rates and, yes, simulative tax cuts.
That's what TARP, The Stimulus and Fed policy did to successfully drag the economy back from the precipice of a Depression and fuel the economy and stock market that GOPERS pretend happened on inauguration day, 01/17
It wasn't the deep state, or Trump, but just practical economic policy begun 8 years prior.
Distasteful to the then deficits hawks, the GOPERS, who would, said I, miraculously morph into cut taxes and spend like drunken sailors, fairy dust economists, as soon as they had a GOP president.
Presto, here it comes. Accelerated by tariffs and trade wars that will lay waste to GOP base farmers and others targeted by China and soon, Europe and Canada.
You see all of that, right?
I've repeatedly posted here about the no win strategy of tax cuts during a still recovering, yes strengthening economy, that would both drive up deficits and interest rates while depriving the Fed AND the government of the usual recession fighters, lowering interest rates and, yes, simulative tax cuts.
That's what TARP, The Stimulus and Fed policy did to successfully drag the economy back from the precipice of a Depression and fuel the economy and stock market that GOPERS pretend happened on inauguration day, 01/17
It wasn't the deep state, or Trump, but just practical economic policy begun 8 years prior.
Distasteful to the then deficits hawks, the GOPERS, who would, said I, miraculously morph into cut taxes and spend like drunken sailors, fairy dust economists, as soon as they had a GOP president.
Presto, here it comes. Accelerated by tariffs and trade wars that will lay waste to GOP base farmers and others targeted by China and soon, Europe and Canada.
You see all of that, right?
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