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Posted on 09/09/2018 9:37:19 AM PDT by jazusamo
Pardon me for the reference to Yeats's poem "The Second Coming," but events this week reminded me of the poem and this line: "the worst are full of passionate intensity."
On the one hand, we have the most effective president in my lifetime, who has, as John Hinderaker details , pulled this country out of the economic doldrums, which were the direct result of the idiotic policies of his predecessor in office:
American wages unexpectedly...
Unexpectedly!
...climbed in August by the most since the recession ended in 2009 and hiring rose by more than forecast, keeping the Federal Reserve on track to lift interest rates this month and making another hike in December more likely.
Average hourly earnings for private workers increased 2.9 percent from a year earlier, a Labor Department report showed Friday, exceeding all estimates in a Bloomberg survey and the median projection for 2.7 percent. Nonfarm payrolls rose 201,000 from the prior month, topping the median forecast for 190,000 jobs.
This is reality. The Democrats' clown show is fantasy. Fortunately, most people care more about reality than fantasy. Still, both confusing the facts and distracting people from them are tactics at which the Left excels.
A Democratic Congress never would have passed the Tax Cuts and Jobs Act. In fact, not a single Democrat voted for it....
(Excerpt) Read more at americanthinker.com ...
Clarice Ping!
Keynesianism Works. Trillion dollar deficits WILL boost growth in the short run! EXCELLENT RESULTS!
And it didn't do squat for the economy either.
Whereas, this year under President Trump, the Congress is set to resume passing actual spending BILLS rather than an omnibus package.
We certainly aren’t slouching toward Gomorrah
YB Yeats prophesy coming true in our lifetimes
The Second Coming
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.
Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spiritus Mundi
Troubles my sight: a waste of desert sand;
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Wind shadows of the indignant desert birds.
The darkness drops again but now I know
That twenty centuries of stony sleep
Were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?
ANSWER: SOCIALISTS
Of course I trashed deficits under Obama. And it’s easy to get Dems to vote for your spending bills when all you do is increase spending. It’s no wonder they’re getting appropriations passed. They’re spending like drunken Democrats. On top of the tax cut that - shocker - did not lead to increased revenues.
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Clarice Feldman ping.
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The stupidity, ignorance, arrogance, and fundamental incompetence of the left brought this nation to the brink of destruction. Donald Trump has pulled us back from the brink. All of the caterwauling about his lack of competence is nothing more than the death throes of our nation’s domestic enemies. Let them screech. Smile in their frightened faces.
Very well stated!
Winning.
Never heard that one before. Thanks.
“On top of the tax cut that - shocker - did not lead to increased revenues.”
That’s OK. Raising revenues is not the purpose of tax cuts. Taxes should be cut whenever the voters decide they are paying too much for government.
Focus on debt and deficits as “the problem”, is a trick of the progressive Left, intended to equivocate between overspending and undertaxing, as if they were interchangeable.
In reality, the two are never interchangeable, they are mutually exclusive; either government spending is excessive, or tax revenues are insufficient, one or the other.
In modern times, if anyone can say with a straight face that the government is not spending too much, but rather that we are undertaxed, then that person is either a pathological liar, or a moron.
No, clearly the size of the government relative to the private sector is multiples of what the founders intended for this supposed self-governing republic.
When the government exceeds its constitutional limits (tenfold?, twentyfold?) it is a tyrant - a monster. There is no obligation to feed that monster by raising taxes.
Focus on deficits is a trick if the Left to create the illusion that raising taxes is a patriotic obligation - the fiscally responsible thing to do.
“Fiscal conservatives”, who will raise taxes to reduce the deficit, are the biggest fools ever born.
I was merely referring to the fact that every key figure in the Trump administration claimed that the tax cuts would in fact lead to higher revenues. But you knew that. What the hell are you talking about, by the way?
I know I was off point - sorry.
It’s a pet peave of mine that gets triggered whenever the subject of tax cuts needing to be “revenue nuetral” comes up.
The only reason Trump people had to promise increased revenues is because the Left dominates the conversation with their twisted logic - saying that tax cuts cause deficits.
I realize that wasn’t your point.
I'm asking for someone to provide actual data and make sure we are all using the same words.
Are gross Federal revenues up, down, or neutral before, and after, the tax cut went into effect?
Is there a huge difference between the results for income tax revenues (individual and corporate) and other kinds of revenues?
Can we properly untangle the cause-and-effect? For example, if the income tax revenues were down, but payroll tax revenues overcame the difference to yield a net revenue growth, can we be sure the tax cuts didn't positively impact payroll tax revenues? In other words, is it all that cut and dried?
I've been poking around here which seems to indicate an overall revenue growth.
There were no Tax Cuts, there were Tax Rate Cuts. Saying Tax Cuts is just a mechanism to make People think that Tax Cuts equals less Taxes being collected.
Unfortunately, Republicans including the POTUS use that Term instead of saying Tax RATE Cuts. Revenues to the Federal Treasury have not fallen, even with the reductions in the Federal Tax Withholding Tables.
The idea behind Tax Rate Cuts is that you stimulate the Economy which creates more Jobs and thus more Taxpayers contributing to the United States Treasury.
You also increase Private Sector Profits, thus increasing Tax Receipts.
The Tax Bill kicked in on January 1, 2018. It took nearly three Years for the Benefits of Reagan’s Tax Policies to become apparent. I am shocked that things are turning around as quickly as they have under the Trump Administration’s Policies.
One other thing to consider. The Media and the DNC does its very best to talk down the Trump Economy 24/7/365. If the Media reported the truth, even the soaring Consumer Confidence we see today would be off the Charts.
Ok, I checked, and yes, you are a complete dingleberry. The February revenues reflect quarterly corporate tax payments due off of Q4 2017 under the OLD tax code, before the cuts went into effect.
This year’s revenues are in the toilet. And no, the “payroll tax” does not offset it. That just reflects additional Social Security payments due in the future.
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