Play Nice 47th President of the United States: ████████████ - Part 23: Si buscan capitalismo, aquí está!!

[Gethelred]

<-- Part 22: 47th President of the United States: ████████████ - Part 22: Insert Blame Here

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<- 2024 Election Thread	<- Kamala Harris Concedes	<-- See Part 22.

This thread is not about Covid, lockdowns, or vaccines. While Trump was in office during the pandemic and his response to Covid is relevant, there are pertinent threads for you to post your opinions on those topics.

On SRP you are responsible for backing up/verifying your claims to fact. What this means is that you will be asked time to time to support your claims with evidence, to ensure that this forum is as free of misinfomation as we can make it.

Do not post conspiracy theories on this forum. We have an entire other forum for that.

Thanks all.

 

[QuietB]

The USA is leaning massively on the UK and who ever else has money to prop up the US bond market as China and Japan and Canada sell down. Even huge US investment companies are moving money off shore and diversifying against the USD.

Capital is flowing out despite Trumps tariffs.

It is getting close to end of days for the US financial system.

 

[76woodenspooners]

Following through on a shit idea isn't a positive I don't think.

Unlike all the other developed economies, the US doesn’t have a broad based middle class consumption tax (GST/VAT)

Some economists have long argued that it would be good for the US economy to have a GST … the problem is that nobody would vote for it.

What to do?

“We’re going to impose a tariff on China, and China is going to pay for it!!!” is probably as close as the US could get to a GST that people would vote for.

The US tariff on imports from Australia being at the same level as Australian GST isn’t a coincidence.

 

[nut]

Unlike all the other developed economies, the US doesn’t have a broad based middle class consumption tax (GST/VAT)

Some economists have long argued that it would be good for the US economy to have a GST … the problem is that nobody would vote for it.

What to do?

“We’re going to impose a tariff on China, and China is going to pay for it!!!” is probably as close as the US could get to a GST that people would vote for.

The US tariff on imports from Australia being at the same level as Australian GST isn’t a coincidence.

I thought the US already had a GST before Tariffs

 

[Chief]

The US tariff on imports from Australia being at the same level as Australian GST isn’t a coincidence.

I have no doubt at all that it is.

 

[Chief]

a broad based middle class consumption tax (GST/VAT)

Also, how is it a middle class tax? And why does it need to be broad based when many places have state and local income and sales taxes?

 

[nut]

Also, how is it a middle class tax? And why does it need to be broad based when many places have state and local income and sales taxes?

Because millions in the US survive on food stamps which you can’t tax … so Elon can go to Mars.

 

[The Sultan]

I thought the US already had a GST before Tariffs

think they are state taxes not federal

 

[The Sultan]

The USA is leaning massively on the UK and who ever else has money to prop up the US bond market as China and Japan and Canada sell down. Even huge US investment companies are moving money off shore and diversifying against the USD.

Capital is flowing out despite Trumps tariffs.

It is getting close to end of days for the US financial system.

some new names for Donnies enemy list

 

[faible]

some new names for Donnies enemy list

Now they've got Maduro, next Special Military Operation will be to raid the RBA and nab Michelle Bullock?

 

[76woodenspooners]

I thought the US already had a GST before Tariffs

No

 

[nut]

think they are state taxes not federal

Does it matter who collects it?

 

[nut]

No

About 4 states out of 50 dont have a VAT….

 

[The Sultan]

Plenty of Proud Boys and Gravy Seals are in ICE. Photos from events have been matched with photos of ICE agents. It's their wet dream to be able to beat up black and brown people with impunity.

and the after-work community showers are the highlight of the day.. check out other dudes junk, in a non-gay way.

 

[76woodenspooners]

Also, how is it a middle class tax?

I guess it’s the middle class who generally buy Chinese goods. Of course the lower class do too, but they buy less of them. The US do have a large domestic food and energy production, so many of the essentials probably aren’t subject to tariffs as much.

And why does it need to be broad based when many places have state and local income and sales taxes?

Why did Australia replace its 20% sales tax with a 10% GST, and government revenues went up? (By a lot, far more than expected)

Answer - I have no idea, but if I did, and I could sell it, I’d probably be the leader of a nation state.

But whatever the US is currently doing clearly isn’t working given the tax shortfall and government debt.

 

[76woodenspooners]

About 4 states out of 50 dont have a VAT….

Sales tax is not the same as VAT

 

[swingdog]

On what basis would voters have felt that Harris was a better chance of bringing the debt and deficit under control?

They could have looked at Trump’s first administration.

During his first term in the Oval Office, Donald Trump added nearly $8 trillion to the national debt. That was more than 43 presidents had combined to accumulate during the first 216 years of the Republic.

Apparently Americans couldn’t be bothered to look at facts.

David Stockman: Trump’s $30 trillion Debt Disaster | Committee for a Responsible Federal Budget

2025-02-11-David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former US Representative for Michigan.

www.crfb.org

 

[nut]

Sales tax is not the same as VAT

both are indirect consumption taxes and the final economic burden in both cases ultimately falls on the consumer.

 

[76woodenspooners]

They could have looked at Trump’s first administration.

During his first term in the Oval Office, Donald Trump added nearly $8 trillion to the national debt. That was more than 43 presidents had combined to accumulate during the first 216 years of the Republic.

Apparently Americans couldn’t be bothered to look at facts.

David Stockman: Trump’s $30 trillion Debt Disaster | Committee for a Responsible Federal Budget

2025-02-11-David Stockman is a board member of the Committee for a Responsible Federal Budget, former director of the Office of Management and Budget, and former US Representative for Michigan.

www.crfb.org

There’s this thing called inflation, so you need to look at those things as a percentage of GDP.

You don’t need to exaggerate Trump’s failures to argue that he was shit President. All that does is turn people off and make them tune into the comfy world of Fox News.

 

[TheSunGod]

So distressing watching these ICE scum in action.

I'm disabled!' Woman screams as masked ICE agents pull her through car window

 

[Visions]

There is a difference between running an event in a suspect climate because your corrupt but its successful to running an event in a suspect climate because your corrupt and its unsuccessful and tossed into turmoil.

The world FIFA congress would destroy the leadership and throw them out. Not to mention the sponsors from around the world would have a field day suing FIFA. Money rules and supporting the USA into a political nightmare that kills the tournament and affects teams would be utterly stupid and their support for Trump would make them a laughing stock world wide. Especially since Trump cant rescue them and wont. lol

I actually struggle to see how you can come to the conclusion they stand by Trumps side.

Trump doesnt give a shit about the tournament. I genuinely think he views it as an inconvenience to his political endeavors.

Plus FIFA will be very worried about Greenland. The tournament is off the second the first gun is fired.

The FIFA congress and committee is part of the problem.

Look at the last two World Cup hosts that they gave their blessing to, Russia and Qatar. Not your shining pillars of the international community.

And these were voted due to the bribes being handed around to Congress members.

You also have the organisation president giving a dictator a phony award as part of the bootlicking process.

Why would sponsors sue? They would just pull out if they were ethical enough. And then would be sued by FIFA instead for breach of contract.

FIFA as an organisation do not give a shit what is happening in the US and wont change their minds about anything.

 

[faible]

There’s this thing called inflation, so you need to look at those things as a percentage of GDP.

You don’t need to exaggerate Trump’s failures to argue that he was shit President. All that does is turn people off and make them tune into the comfy world of Fox News.

The Trump administration was not good economically, and added a significant amount to the national debt. In a single term he added a touch under 40%.

U.S. Debt by President: Dollar and Percentage

The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S. debt by percentage and dollar amounts.

www.investopedia.com

Then there's also the whole issue of affordability, healthcare and such. Which Trump is also bad on.

 

[UltraEgo]

Spoiler: Warning NSFL

 

[swingdog]

There’s this thing called inflation, so you need to look at those things as a percentage of GDP.

You don’t need to exaggerate Trump’s failures to argue that he was shit President. All that does is turn people off and make them tune into the comfy world of Fox News.

So, you're asking voters to judge between two candidates but ignore that one of them has already been a shit president?

They could have compared Trump and Biden directly:

Trump and Biden: The National Debt | Committee for a Responsible Federal Budget

The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their ti

www.crfb.org

But, let's not kid ourselves. Trump voters weren't supporting him because of his economic record. They wanted to hit back against someone (elites, immigrants etc.) because they weren't winning in the economy. They're not winning now either but that was never going to change.

 

[10571z]

People for or against Trump sending help to Iran to topple their regime?

 

[Sixpence]

People for or against Trump sending help to Iran to topple their regime?

Like Maduro, Gaddafi and Saddam Hussein, their countries are probably better off without them, but it's not the US' place to decide who holds power in other countries. Especially when their own regime is in need of toppling.

There's no shortage of shit campaigner leaders who could do with being knocked off. Trump, Putin, Netanyahu, where are those regime changes?