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Perfect Trump re-election slogan: ‘I Don’t Keep Any Promises But My Voters Are Too Stupid to Notice’
invite response
2019 Mar 23, 2:56pm 1,171 views 8 comments
Comments 1 - 8 of 8 Search these comments
2
anonymous
2019 Mar 23, 4:03pm
@Booger - I would love to respond to each line item however I am not up for an all nighter.
Here's a thought - if Trump tells everyone over and over the wall is finished - the base will believe him I am sure. They believe all the other bullshit from the administration.
Maybe then can he get on to something important - like trying to be a leader instead of grade school brat that just discovered Twitter.
Actually addressing the allegations instead of a new round of name calling. Something resembling an adult - a rational adult.
Here's a thought - if Trump tells everyone over and over the wall is finished - the base will believe him I am sure. They believe all the other bullshit from the administration.
Maybe then can he get on to something important - like trying to be a leader instead of grade school brat that just discovered Twitter.
Actually addressing the allegations instead of a new round of name calling. Something resembling an adult - a rational adult.
3
RC2006
2019 Mar 23, 4:19pm
RC2006
2019 Mar 23, 4:19pm
Kakistocracy says
What no copy paste for that?
@Booger - I would love to respond to each line item however I am not up for an all nighter.
What no copy paste for that?
4
MrMagic
2019 Mar 23, 5:54pm
MrMagic
2019 Mar 23, 5:54pm
Kakistocracy says
Translation: I got no TDS to dispute any of it.
@Booger - I would love to respond to each line item however I am not up for an all nighter.
Translation: I got no TDS to dispute any of it.
5
anonymous
2019 Mar 28, 4:28am
Trump Promised to Bring Back $4 Trillion in Offshore Cash.....He Missed by $3.3 Trillion
Corporate America brought $664.9 billion of offshore profits back to the U.S. last year, falling short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul.
Companies repatriated $85.9 billion in the fourth quarter of 2018, the lowest sum for the year and down from $100.7 billion the previous quarter, Commerce Department data showed Wednesday. Corporations brought back $579 billion in the first three quarters of 2018, upwardly revised from $571.3 billion in the prior report.
Corporations are bringing back more than they did in 2017, before the tax law was enacted, when U.S. firms repatriated $155.1 billion.
Companies kept much of their overseas profit offshore because a 35 percent tax kicked in only if they brought the cash back to the U.S. But the Republican tax law set a one-time 15.5 percent tax rate on cash and 8 percent on non-cash or illiquid assets, regardless of the country where the profits sat.
In touting the tax overhaul, Trump predicted that more than $4 trillion would return to the U.S., which he said would create jobs and spur investment. Investment banks and think tanks have estimated that U.S. corporations actually hold $1.5 trillion to $2.5 trillion in offshore cash.
It’s unlikely that U.S. corporations will bring back all of the offshore profits they have, despite the tax law changes. Only about 54 percent of corporate offshore earnings are held in cash, according to a 2016 paper led by Jennifer Blouin, a researcher at the University of Pennsylvania. The remaining 46 percent are illiquid assets difficult that would be difficult, if not impossible, to repatriate without selling.
Any claims made about how repatriated cash would boost wages and investment in the U.S. are likely overblown, according to researchers at the University of Richmond and Claremont McKenna College.
“Policy changes have a relatively small impact on hiring and investment decisions if firms have relatively easy access to credit markets,” the researchers said in a 2018 paper.
Stock Buybacks
Instead, companies have been plowing the tax cut cash into stock buybacks. Earlier this month, data from Citigroup Inc. showed that companies in the S&P 500 repurchased more than $800 billion of shares last year, surpassing the amount they invested in new or upgraded equipment. That’s the first time that buybacks have been larger than capital expenditures, despite a change in the tax law that give companies immediate write-offs if the buy machinery. Capex was slightly more than $700 billion, according to the Citigroup data.
More: https://www.bloomberg.com/news/articles/2019-03-27/trump-s-offshore-cash-promise-falters-as-665-billion-returns
Corporate America brought $664.9 billion of offshore profits back to the U.S. last year, falling short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul.
Companies repatriated $85.9 billion in the fourth quarter of 2018, the lowest sum for the year and down from $100.7 billion the previous quarter, Commerce Department data showed Wednesday. Corporations brought back $579 billion in the first three quarters of 2018, upwardly revised from $571.3 billion in the prior report.
Corporations are bringing back more than they did in 2017, before the tax law was enacted, when U.S. firms repatriated $155.1 billion.
Companies kept much of their overseas profit offshore because a 35 percent tax kicked in only if they brought the cash back to the U.S. But the Republican tax law set a one-time 15.5 percent tax rate on cash and 8 percent on non-cash or illiquid assets, regardless of the country where the profits sat.
In touting the tax overhaul, Trump predicted that more than $4 trillion would return to the U.S., which he said would create jobs and spur investment. Investment banks and think tanks have estimated that U.S. corporations actually hold $1.5 trillion to $2.5 trillion in offshore cash.
It’s unlikely that U.S. corporations will bring back all of the offshore profits they have, despite the tax law changes. Only about 54 percent of corporate offshore earnings are held in cash, according to a 2016 paper led by Jennifer Blouin, a researcher at the University of Pennsylvania. The remaining 46 percent are illiquid assets difficult that would be difficult, if not impossible, to repatriate without selling.
Any claims made about how repatriated cash would boost wages and investment in the U.S. are likely overblown, according to researchers at the University of Richmond and Claremont McKenna College.
“Policy changes have a relatively small impact on hiring and investment decisions if firms have relatively easy access to credit markets,” the researchers said in a 2018 paper.
Stock Buybacks
Instead, companies have been plowing the tax cut cash into stock buybacks. Earlier this month, data from Citigroup Inc. showed that companies in the S&P 500 repurchased more than $800 billion of shares last year, surpassing the amount they invested in new or upgraded equipment. That’s the first time that buybacks have been larger than capital expenditures, despite a change in the tax law that give companies immediate write-offs if the buy machinery. Capex was slightly more than $700 billion, according to the Citigroup data.
More: https://www.bloomberg.com/news/articles/2019-03-27/trump-s-offshore-cash-promise-falters-as-665-billion-returns
6
anonymous
2019 Mar 30, 3:25am
Kakistocracy says
Dumber then door knobs....
Trump supporters are overjoyed that Republicans are going to try again to eliminate Obamacare.
With no new plan in place and no idea of how to create a plan, Donald Trump wants to take Health Care away from millions of Americans.
The ironic part about this is that the elimination of Obamacare will impact more red state residents than anywhere else, hurting his voters disproportionally.
Well, they are very excited about Trump keeping his promise and hope he succeeds.
Who needs a trip to the doctor when you can scream at Trump rallies…it’s great exercise.
Donald Trump has conned his supporters and they will be the last to figure it out.
Good Luck America !
https://www.whatthortoldme.com/dumber-then-door-knobs/
Trump promised to repeal and replace the Affordable Care Act, claiming he would put in place a new health insurance system that would deliver better results and lower costs. He made the assault on Obamacare the main thrust of his first year in office.
Dumber then door knobs....
Trump supporters are overjoyed that Republicans are going to try again to eliminate Obamacare.
With no new plan in place and no idea of how to create a plan, Donald Trump wants to take Health Care away from millions of Americans.
The ironic part about this is that the elimination of Obamacare will impact more red state residents than anywhere else, hurting his voters disproportionally.
Well, they are very excited about Trump keeping his promise and hope he succeeds.
Who needs a trip to the doctor when you can scream at Trump rallies…it’s great exercise.
Donald Trump has conned his supporters and they will be the last to figure it out.
Good Luck America !
https://www.whatthortoldme.com/dumber-then-door-knobs/
8
komputodo
2019 Mar 30, 7:32am
komputodo
2019 Mar 30, 7:32am
Kakistocracy says
Or does he want to limit the burden on taxpayers who ultimately pay for "healthcare" of society's losers? I haven't read it so i'm waiting for them to implement it to see whats in it.
Donald Trump wants to take Health Care away from millions of Americans.
Or does he want to limit the burden on taxpayers who ultimately pay for "healthcare" of society's losers? I haven't read it so i'm waiting for them to implement it to see whats in it.
Let’s take stock:
Trump promised to build a wall along the 2,000-mile southern border, with the cost of the “big, beautiful” barrier to be borne by Mexico. Trump made this pledge not once but dozens of times, in a call-and-response ritual at his campaign rallies. “Who’s going to pay for the wall?” he would demand, and the cheering crowds would yell the answer: “Mexico!”
Result: Not a single mile of Trump’s wall has been built. When Mexican officials made clear they would never pay a cent toward construction, Trump asked Congress for the money. Even with Republicans in control of both the House and the Senate for two full years, Congress declined to waste taxpayer dollars on the project. When Democrats took the House, Trump declared a “national emergency” in an attempt to steal funds from other projects. Still, despite what he claims, Trump has built no new wall.
Trump promised to reverse trade policies that he said were allowing the rest of the world to play Americans for suckers. He pointed to the U.S. balance-of-trade deficit as a yardstick measuring the “stupidity” of prior administrations that allowed trading partners like China, Mexico, Germany and even Canada to walk all over them. Tariffs were the solution, Trump said, as he launched a series of trade wars. “I love tariffs,” he crowed.
Result: The Commerce Department announced Wednesday that the overall U.S. trade deficit in goods last year soared to an all-time high of $891 billion. The deficit with China, Trump’s principal target — the amount by which the value of imported goods exceeded the value of exported goods — reached a record $419 billion. Many economists believe this is actually a sign of the U.S. economy’s relative good health. But according to Trump’s understanding, or misunderstanding, it is an abject failure.
Trump promised on Twitter that “there is no longer a Nuclear Threat from North Korea.” He made that boast last year following his summit in Singapore with Kim Jong Un, with whom Trump said he had fallen “in love.” Most experts on North Korea warned that Kim’s vague promises to work toward “denuclearization” were worthless, but Trump insisted he had made a breakthrough and mused about possibly winning the Nobel Peace Prize.
Result: Following months of little or no progress, Director of National Intelligence Dan Coats told Congress in January that North Korea is “unlikely to completely give up its nuclear weapons.” A second Trump-Kim summit, held last month in Hanoi, ended abruptly without an agreement. Around the same time, according to news reports, the North Koreans restarted work on a ballistic missile site. While Pyongyang has refrained from further tests of its nukes and missiles, Kim’s stockpile likely continues to grow. The threat remains.
Trump promised to repeal and replace the Affordable Care Act, claiming he would put in place a new health insurance system that would deliver better results and lower costs. He made the assault on Obamacare the main thrust of his first year in office.
Result: Obamacare remains the law of the land. Trump and the Republican-controlled Congress failed in an attempt to repeal the ACA and did not even make a serious attempt to design a potential replacement. Republicans have managed to chip away at the health care law — the individual mandate is gone, for example — and Trump often claims the ACA is “imploding.” But still it stands.
Trump promised to spend up to $1.5 trillion on refurbishing the nation’s infrastructure, building new airports, bridges, tunnels, roads and other gleaming monuments to American greatness. He said he was uniquely able to oversee such a program because of his successful career as a real estate magnate.
Result: “Infrastructure Week” has become a running joke. Every once in a while, the administration announces it is launching the infrastructure campaign — then does nothing meaningful to follow through.
Trump promised to “drain the swamp” of corruption in Washington.
Result: Perhaps the most corrupt administration in U.S. history, riddled with nepotism and teeming with swamp creatures.
I could go on. Trump did fulfill some promises he made to far-right ideologues (appointing archconservative judges) and the ultra-rich friends he sups with at Mar-a-Lago (cutting taxes for the wealthy). Overall, though, his administration has been a great big failure.
He apparently believes his loyal supporters are the dumbest, most gullible people on earth. We shall see if he’s right.
https://www.eastbaytimes.com/2019/03/10/robinson-perfect-trump-re-election-slogan-i-dont-keep-any-promises-but-my-voters-are-too-stupid-to-notice/
#Trump #2020