Maher Desires Crashing Economy To Oust Trump

Just, when one thinks the left has hit rock bottom, they drill down deeper. Bill Maher expressed a desire that the economy crashes so Trump won't be re-elected. 

"HBO host Bill Maher said Friday that he is "hoping for" an economic collapse because that is the only way the president's opponents can "get rid of Trump."

Maher first asked guest Shermichael Singleton to asses the current economy under President Trump.

"It is going well," Singleton answered. "For now."

"Thank you, that’s my question,” Maher added. “I feel like the bottom has to fall out at some point, and by the way, I’m hoping for it."

"I think one way you get rid of Trump is a crashing economy. So please, bring on the recession. Sorry if that hurts people, but it’s either root for a recession or you lose your democracy.' " 

https://www.washingtonexaminer...if-that-hurts-people

Vile, disgusting scum, or am I being too kind. 

 

TRUTH -- THE NEW HATE SPEECH!

Original Post
Vile, disgusting scum, or am I being too kind. 
------------
Way too kind, Dire.
He goes beyond liberal stupid, "be careful what you wish for" is
extremely too complicated the ignorant idiot liberal with a desire
for a dictator.
We just dodged that death nail and they are still clueless as to why..  
 

Maher might get his wish when California implodes. The grapes of wrath were turned into the cheap wine of socialism and the California dream for the middle class became moving to Texas. I suspect the banks are headed for another surprise when the orangees hit the exits. And as always with the stupid folks who believe that a single person is always to blame, it'll be Trumps fault.

Stanky posted:

Extremely high taxes and unfunded liabilities can create temporary "surpluses" and also set the stage for the next economic crash as well. As businesses go to business friendly states or countries, California will double down on punishing the wealthy in the tech sector which will chase them out as well.

https://californiapolicycenter...pension-liabilities/

 

Shouldn't the same be said for the Republican tax cuts? So far they've produced a $2trillion deficit in just one  year, but hey OBAMA! or HIllary's emails!

Br’er Rabbit posted:
Stanky posted:

Extremely high taxes and unfunded liabilities can create temporary "surpluses" and also set the stage for the next economic crash as well. As businesses go to business friendly states or countries, California will double down on punishing the wealthy in the tech sector which will chase them out as well.

https://californiapolicycenter...pension-liabilities/

 

Shouldn't the same be said for the Republican tax cuts? So far they've produced a $2trillion deficit in just one  year, but hey OBAMA! or HIllary's emails!

https://www.cnsnews.com/news/a...ough-march-still-run

Deficits really are a problem of spending, not taxing; tax revenues went up after the tax cuts. The only real way to balance the budget is to grow the economy and cut spending. I might also point out that the biggest part of the budget is the non-discretionary budget. 

If your $2 Trillion dollar figure was even close to correct, that would eat the entire discretionary budget and still leave you almost a trillion in the red. If you tax enough to cover that trillion dollar short fall, people wouldn't have as much money to buy goods and services so businesses and the economy would crash and burn (Assuming that Mexico doesn't conquer us first because there would be no military!) . If that all comes to pass, it would have been because of all the great works of liberals like LBJ and the "Great Society" freebies.

Here are just a few articles that back my statement, from news sources used by Republicans to back their claims, sometimes.... I guess some people just can't see the forest for the trees.

https://www.nasdaq.com/article...ral-deficit-cm903708

https://www.politico.com/story...-gop-analysis-430781

https://www.zerohedge.com/news...-trillion-extra-debt

Br’er Rabbit posted:

Here are just a few articles that back my statement, from news sources used by Republicans to back their claims, sometimes.... I guess some people just can't see the forest for the trees.

https://www.nasdaq.com/article...ral-deficit-cm903708

https://www.politico.com/story...-gop-analysis-430781

https://www.zerohedge.com/news...-trillion-extra-debt

Let's see now, increasing Federal revenues is creating a larger deficit. Don't think so! Those increasing revenues probably don't cover past promises as well as new spending so the deficit is increasing as well. Again, the goobermint spends too much.

https://www.investors.com/poli...ying-for-themselves/

https://www.investors.com/poli...nth-of-gop-tax-cuts/

https://www.marketwatch.com/st...s-pour-in-2018-05-08

Also you posted: "So far they've produced a $2trillion deficit in just one  year". What you posted projects assumptions for future deficits in future years. 

Stanky posted:
Br’er Rabbit posted:

Here are just a few articles that back my statement, from news sources used by Republicans to back their claims, sometimes.... I guess some people just can't see the forest for the trees.

https://www.nasdaq.com/article...ral-deficit-cm903708

https://www.politico.com/story...-gop-analysis-430781

https://www.zerohedge.com/news...-trillion-extra-debt

Let's see now, increasing Federal revenues is creating a larger deficit. Don't think so! Those increasing revenues probably don't cover past promises as well as new spending so the deficit is increasing as well. Again, the goobermint spends too much.

https://www.investors.com/poli...ying-for-themselves/

https://www.investors.com/poli...nth-of-gop-tax-cuts/

https://www.marketwatch.com/st...s-pour-in-2018-05-08

Also you posted: "So far they've produced a $2trillion deficit in just one  year". What you posted projects assumptions for future deficits in future years. 

And what you claim ASSumes the economy will produce the difference and make up the deficit, in future years. I'm sorry you can't see the facts. I wonder what changed, since Obama, that now Republicans don't care about the deficit. Oh yea, the black man/ Democrat is gone.

Br’er Rabbit posted:
Stanky posted:
Br’er Rabbit posted:

Here are just a few articles that back my statement, from news sources used by Republicans to back their claims, sometimes.... I guess some people just can't see the forest for the trees.

https://www.nasdaq.com/article...ral-deficit-cm903708

https://www.politico.com/story...-gop-analysis-430781

https://www.zerohedge.com/news...-trillion-extra-debt

Let's see now, increasing Federal revenues is creating a larger deficit. Don't think so! Those increasing revenues probably don't cover past promises as well as new spending so the deficit is increasing as well. Again, the goobermint spends too much.

https://www.investors.com/poli...ying-for-themselves/

https://www.investors.com/poli...nth-of-gop-tax-cuts/

https://www.marketwatch.com/st...s-pour-in-2018-05-08

Also you posted: "So far they've produced a $2trillion deficit in just one  year". What you posted projects assumptions for future deficits in future years. 

And what you claim ASSumes the economy will produce the difference and make up the deficit, in future years. I'm sorry you can't see the facts. I wonder what changed, since Obama, that now Republicans don't care about the deficit. Oh yea, the black man/ Democrat is gone.

And besides using the past participle of 'produce' for the future tense, you don't know history either. Cutting tax rates in the '60s and '80's created booming economies, but sadly that created more tax revenue that could be "invested" (Substitute the word squandered.) by congress. Taking people off the goobermint dole will both lessen the amount spent on entitlements as well as create tax revenue from new taxpayers. I might also point out the future red ink created by the legacy of that "black man/Socialist" was expected to be $10 Trillion/decade in January 2017.

edit_deficit_012417

https://www.investors.com/poli...-as-the-eye-can-see/

I'm plenty smart enough to know Reagan cut taxes so much, he had to raise them to fund the government. ha! Tell me more of your miracle tax cuts that add to the deficit and are NOT producing the revenue predicted.

“There is still a lot of thinking on the right that if big corporations are happy, they’re going to take the money they’re saving and reinvest it in American workers,” Rubio said in a recent interview with the Economist. “In fact they bought back shares, a few gave out bonuses; there’s no evidence whatsoever that money’s been massively poured back into the American worker.”

https://www.forbes.com/sites/p...growth/#317657f12ce0

 

Br’er Rabbit posted:

I'm plenty smart enough to know Reagan cut taxes so much, he had to raise them to fund the government. ha! Tell me more of your miracle tax cuts that add to the deficit and are NOT producing the revenue predicted.

“There is still a lot of thinking on the right that if big corporations are happy, they’re going to take the money they’re saving and reinvest it in American workers,” Rubio said in a recent interview with the Economist. “In fact they bought back shares, a few gave out bonuses; there’s no evidence whatsoever that money’s been massively poured back into the American worker.”

https://www.forbes.com/sites/p...growth/#317657f12ce0

 

Reagan was offered a deal that if he would raise taxes then Dems would give him 3 times as much in spending cuts later. Believing that spending was too high, Reagan took the deal. But since Dems are champion liars, he got burned. I can understand Reagan, but Bush the elder got burned again by the lying Dems when history shows that Dems are untrustworthy:

History Shows Democrats Aren't Serious in Budget Deals

https://www.atr.org/history-sh...serious-budget-a7361

 
If robbing taxpayers works so well, care to explain why Venezuela is such a garden spot for it's people. Conservative economists believe that there come a point when looting the productive citizens of the country starts producing less tax revenue, that's the Laffer Curve. I suppose that idiot "progressive" economists think that increasing taxes exponentially increases tax revenues, that would be the ROFLMAO curve.
 

You're making asinine statements and backing a theory invented on the back of a cocktail napkin. That's priceless. Why did every recession/depression start after Republican policy was implemented? While you look at that napkin theory and laugh at Democrats, history keeps on repeating. Those who don't learn history are doomed to repeat it.

Br’er Rabbit posted:

You're making asinine statements and backing a theory invented on the back of a cocktail napkin. That's priceless. Why did every recession/depression start after Republican policy was implemented? While you look at that napkin theory and laugh at Democrats, history keeps on repeating. Those who don't learn history are doomed to repeat it.

Those who don't learn history are doomed to repeat it.

That's why California is doomed by the dumb. One of the states with the highest income inequality is California. Housing costs are through the roof, energy costs are outrageous, taxes are outlandish, and the single party ruled legislature wants to double down on idiocy with single payer health care which would require at least double the present tax receipts. But cheer up, if California goes belly up, the rest of the country will follow suit. Then it's Trump's dump.

Again, your prediction.... from your Regressive point of view. The people of California and most economists disagree with your assessment.  Just like most economists think those tax cuts for the big corporations aren't gonna help much, but you just keep on believing whatever you need to, to be you.

My prediction also has some history and reason:

http://geog.berkeley.edu/Peopl...Walker/Walker_93.pdf

It is highly likely that California could be considered the trigger for the "Great Recession". Property values and other factors are again out of whack, the working class can't afford to live there anymore, and the ruling elites are again ignoring reality. If I lived there right now, my house would be up for sale; in a couple of years, mebbe sooner, I suspect that property values will again crash and the rest of us will feel the owners pain as well.

Br’er Rabbit posted:

Again, whatever you need to tell yourself, to be ok,  is perfectly fine with me.

Likewise, if you want to bury your head in the sand and ignore reality, go fer it. California was the epicenter for both the "Great Recession" and the Dot-Com bust and again is getting ready for another surprise. 

I would like to ask Maher a couple of questions.

I see your net worth is about $100 million.  If, you get your wish and millions of Americans are homeless and unemployed, are you willing to donate 90 percent of that to charities to alleviate the misery you so dearly wished for?

If Trump's effort with Kim and the Norks succeeds, Trump would be reelected and go down as a great president.  Maher, do you desire to see Trump fail?  If the results of such failure is at least one US city (probably on the west coast) nuked and millions of South and North Koreans dead, as well as, tens of thousand of US military dead, as well, is that OK with you?

Br’er Rabbit posted:

Again, your prediction.... from your Regressive point of view. The people of California and most economists disagree with your assessment.  Just like most economists think those tax cuts for the big corporations aren't gonna help much, but you just keep on believing whatever you need to, to be you.

You must live in fantasy land.

https://www.sfchronicle.com/po...analysts-6812264.php

https://www.ocregister.com/201...ff-its-massive-debt/

https://www.forbes.com/sites/t...able/2/#b49f3a555cea

I guess you can find whatever you want, depending on the source.

 

If it were a country, California’s $2.6 trillion economy would be the sixth biggest in the world behind the United Kingdom. The state represents 14% of the U.S. economy. Home prices in the state are up 83% from the lows of 2011 and finally surpassed their pre-recession highs in 2017. California’s outlook is bright with economic and job growth both expected to be strong over the next five years. Another plus is the $110 billion in venture capital money invested in California companies over the past three years, an amount which is more than five times the total of any other state.

https://www.forbes.com/places/ca/

California is circling the drain, economy wise.

The entire state and local debt is about $1.3 trillion.

https://californiapolicycenter...totals-1-3-trillion/

The state's credit rating is the third worst.  While it has 12 percent of the total country's population, it has one-third of the nation's homeless and welfare cases. 

With so many of its city and county pension funds severely underfunded, its not going to be pleasant to be old there. 

 

California is the new Confederacy, or, at least South Carolina. Add, Oregon, Washington state and Hawaii to complete the set.

The old confederacy possessed a small extremely wealthy class, a tiny middle class, slaves and large numbers of whites and free blacks in poverty.   The cotton plantation owners and factors such as Lehman Brothers, who traded in cotton, made up the wealthy class.  The small middle class included doctors, lawyers, larger shop owners and few others that catered to the wealthy.  Slave labor depressed the wages of most others. 

California’s wealthy class are mostly those in IT, show business and a few industries.  Lawyers and doctors, who cater to the aforementioned, form the upper middleclass.  The wealthy use imported labor to depress IT wages at one end and unskilled labor to keep their lawn, mansions and such, well manicured and spick and span – mimicking slavery of old at the lower end.  Use of such depresses the wages of a dwindling middle class.  Add, rising taxes and either those in the middle class become poor or leave the state. California has 12 percent of the nation’s population.  But, one-third of the homeless and one-third of those on welfare. Again, a modern version of the old confederacy, complete with rebellious state governments. 

One can only imagine what a great state it could've been if only
it had a continuous conservative government. Socialist/liberals
still have no idea of cause and effect, while all their slaves have
ran our of money, the state is now a trillion dollar indebt
****hole and the money makers are stampeding out as fast as
possible.

 

direstraits posted:

Just, when one thinks the left has hit rock bottom, they drill down deeper. Bill Maher expressed a desire that the economy crashes so Trump won't be re-elected. 

"HBO host Bill Maher said Friday that he is "hoping for" an economic collapse because that is the only way the president's opponents can "get rid of Trump."

Maher first asked guest Shermichael Singleton to asses the current economy under President Trump.

"It is going well," Singleton answered. "For now."

"Thank you, that’s my question,” Maher added. “I feel like the bottom has to fall out at some point, and by the way, I’m hoping for it."

"I think one way you get rid of Trump is a crashing economy. So please, bring on the recession. Sorry if that hurts people, but it’s either root for a recession or you lose your democracy.' " 

https://www.washingtonexaminer...if-that-hurts-people

Vile, disgusting scum, or am I being too kind. 

 

You're too kind.

It's inevitable for anyone, except for the helda, she just doesn't
believe it yet. Maybe in another two or three books.
 
Look, you had two people running for president which neither
one was in the game and the health of America wasn't a  
consideration. The fix was in with no worries.
 
Then slap happy helda shot her stupid mouth off and everyone
heard what she was saying, and that scared enough of them
to turn the other way. Trump eased their minds and gave them
a sensible and logical way to go. Much of it was Perotism but it
was things they understood.         

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