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  • Originally posted by HOUDINI563 View Post
    Since the Great Depression annualized stock market returns with a Democrat President is around 11%. Republican 1.7%.
    Sources please

    Originally posted by HOUDINI563 View Post
    Obama was handed several wars and the Great Recession.
    During war time and massive economic downturns the debt typically increases.
    Try again.

    While that explains the last 2 Bush years, you claimed Obama had a booming economy.

    Yet debt grew during the Obama "booming" years. Again, it almost doubled.

    Address that, please.

    Originally posted by HOUDINI563 View Post
    Feds actions greatly effects economic activity. Massive tightening retracts economic activity. Loosening expands economic activity.
    Again, I admitted that has some effect, but I then pointed out that tax and regulation policy also has a great effect.

    You didn't address that part..

    Originally posted by HOUDINI563 View Post
    During the Carter administration the Fed was tightening. During Reagen loosening. Luck of the draw.
    Lmfao!!!!

    Luck of the draw?!?!

    Get out with that nonsense.

    You dont see me saying "luck of the draw" to counter your claims (which I'm awaiting sourcing on) that the stock market grows bigger under D presidents than R ones.

    Originally posted by HOUDINI563 View Post
    Reagans Economic recovery Act of 1981 did not increase revenue. The deficit soared. He then spent the rest of his term raising taxes to overcome the damage done by these cuts. As follows:
    The tax cuts obviously dropped revenue right off the bat, but the years immediately after revenue almost DOUBLED over the 80s due to the massive economic growth.

    If you're going to call Reagan a tax raiser, you're delusional.

    Even Team D and guys like Paul Krugman dont spew that tripe!!

    But I'll bite...how did Reagan see higher deficits despite the tax increases causing higher revenues?

    I'd also like you to explain how tax increases cause higher GDP growth than tax cuts. This should be good.
    Last edited by 1bad65; 06-26-2018, 07:37 AM.

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    • One more point on the Reagan tax cuts.

      Reagan slashed Income Tax rates, yet Income Tax revenue shot up.

      Explain.

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      • Originally posted by SuperHanz View Post
        Didn't care about the deficit when your boy Obama was in charge eh?
        Yup. Lots of superfan cheerleading and D talking points on his end.

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          • Most immigrants who enter the country do so legally, federal data shows:


            President Trump this weekend lamented what he characterized as an invasion of undocumented immigrants that is “very unfair to all of those people who have gone through the system legally and are waiting on line for years.”

            But illegal border crossings represent a relatively small share of the number of people who enter the country, legally or otherwise, in any given year, according to the Department of Homeland Security's data.

            A September 2017 Office of Immigration Statistics data brief estimated that in fiscal year 2016, the latest year for which complete data is available, there were 170,000 successful illegal border crossings occurring outside of authorized ports of entry. That's down roughly 90 percent since 2000, and it's about one-seventh of the roughly 1.2 million immigrants who obtained lawful permanent resident status via a green card, according to the Department of Homeland Security.



            The number of successful border crossings doesn't include illegal entries that happened via border checkpoints (people smuggled in via vehicles, for instance) or over sea. That number is not available for 2016, but in previous years it added anywhere from 10 to 20 percent to the total number of illegal entries, according to a 2016 Institute for Defense Analyses report commissioned by the Department of Homeland Security.

            It's worth pointing out that at the policy level there's no direct relation between the number of green cards granted and the number of illegal crossings in a given year. Illegal entries don't decrease the number of green cards available, for instance, so while it's undoubtedly frustrating for people waiting on green cards to know that others are simply hopping the border, they're not experiencing any harm as a direct result of it.

            Border crossings don't even account for a majority of the people joining the unauthorized population in a given year. In fiscal 2016, for instance, the Department of Homeland Security estimated 628,799 people who had previously entered the country legally overstayed their visa that year. Other groups, such as the Center for Migration Studies, have similarly estimated that visa overstays account for about two-thirds of the total number of people joining the undocumented population in any given year.

            “The number attempting to get across the Southern border is probably the lowest it's been since at least the 1970s,” said Robert Warren, a demographer with the Center for Migration Studies. “I'm surprised the [Trump] administration hasn't really focused on overstays. That's where the action is.”

            Overall, DHS estimated in the fall that, based on Institute for Defense Analyses numbers, “successful illegal entries fell 91 percent between 2000 and 2016,” although DHS cautions that it's still updating and refining the methodology used to generate that estimate. Those figures largely comport with separate data sets, such as Customs and Border Protection's data on border apprehensions, showing a dramatic decrease in activity at the border over the past decade.

            “We cannot allow all of these people to invade our Country,” Trump said on Twitter this past weekend. But the premise behind these words is false. The latest federal data, compiled by President Trump's own Department of Homeland Security, indicates that most immigrants who enter the country do so legally. The number entering illegally, meanwhile, continues to drop precipitously.


            https://www.washingtonpost.com/news/...=.59e11db1bc4d

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              • Welcome back Bernie, we missed you in this thread

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                • BERNIE’S ******* is still very pink and very sore since November 2016, just like the rest of the Left.

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                  • Originally posted by Vlad_ View Post
                    BERNIE’S ******* is still very pink and very sore since November 2016, just like the rest of the Left.



                    Whatever.......

                    As long as you display that brain of yours like President Numbnuts from time to time Igor it’s all good.

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                    • Obama was fighting several wars and faced the great recession. In this situation deficits soar. Reagen cut taxes, deficits soared then raised taxes ten or more times in a vain attempt to catch up.

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