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Thursday, November 30, 2017

Texas Rep. Joe Barton has announced he will retire, after a nude photo of him circulated online and it was revealed he had exchanged sexually charged messages with a supporter. The announcement Thursday by the veteran Republican came after a Texas newspaper revealed the Facebook conversations Barton had with tea party activist Kelly Canon in which Barton sometimes steered the chats to inappropriate topics, such as asking if she was wearing panties. read more


Monday, November 27, 2017

President Donald Trump revived his derogatory nickname for Sen. Elizabeth Warren, D-Mass., on Monday, referring to her as "Pocahontas" during an event honoring Native American veterans at the White House.

Trump told the veterans: "You were here long before any of us were here. Although we have a representative in Congress who they say was here a long time ago. They call her Pocahontas." read more


Comments

OH, you talking about the 8 YEARS Obama had or the 10 MONTHS Trump has had? Can you give the guy a little time please?

#25 | Posted by boaz

I specifically stated late 2016 in order to give a Obama era value compared to the current.

And it was/is a rhetorical question.

Unemployment is not even 1% less because it was already near/approaching full employment (4.8ish %). Trump has done little to nothing in regards to employment.

Consumer confidence was on an upward trend (with some variability) throughout Obama's eight years and was back to pre-recession levels by 2017.
(according to here
www.advisorperspectives.com)

In other words, Trump and the GOP, despite all their caterwauling during Obama's tenure about how poor the economy actually was and how much Obama was lying to us, inherited highly favorable economic conditions. Now, they suddenly want to take credit for the economy they whined about endlessly despite having done nothing to earn said bragging rights and, I'm speculating here, having just taken a serious step towards scuttling them with their tax "reform".

You forget the Kennedy and Reagan tax cuts

You mean the ones that forced him to raise taxes a few years later to maintain a proper budget?

www.forbes.com

The first part of that path entails raising higher revenues. Everyone remembers Reagan's 1981 tax cuts. His admirers are less likely to tout the tax hikes he accepted as the 1981 recession and his own tax cuts began to unravel his long-term fiscal picture--a large tax increase on business in 1982, higher payroll taxes enacted in 1983 and higher energy taxes in 1984. A decade later, when a serious recession and higher spending began to upend the fiscal outlook again, the first President Bush similarly raised taxes on higher-income people in 1991; Bill Clinton doubled down and raised them again in 1993.

Presidents facing the prospect that unending deficits will undo their economic legacies also cut spending in the only places that make a big difference, starting with defense. Reagan is remembered, again, for his defense buildup--but his big increases in Pentagon spending ended by 1985. Similarly, the first President Bush increased the military to fight the first Gulf War. But before he left office Pentagon spending was slowing sharply with the end of the Cold War, and Clinton followed by cashing in on the peace dividend.

It's funny how the only canonized saint of the right is only half followed, even when the exact same thing happens every time they go back to that doctrine.

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