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The Well-Mannered Politics Thread
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The Raven
Veteran
No shit
Trump said: "Small business confidence is at an all-time high. The stock market has smashed one record after another, gaining $8 trillion in value. That is great news for Americans’ 401k, retirement, pension, and college savings accounts."
Political Editor: It’s true that the stock market is booming: the Dow Jones surpassed a record 26,000 points and saw its fastest-ever 1,000-point gain during the last year.
The stock market is not the economy, however, failing as it does to count for other factors such as largely stagnant wages and growinginequality. A Federal Reserve report published last year, for instance, found that the wealthiest 1% of American families controlled 38.6% of the country’s wealth in 2016. It specifically weights the success of larger business over the success of small businesses.
And while a president might encourage investors with business-friendly policies – or alarm them with sudden, apparently new statements from his advisers – they have mostly indirect influence on the stock market.
Political Editor: It’s true that the stock market is booming: the Dow Jones surpassed a record 26,000 points and saw its fastest-ever 1,000-point gain during the last year.
The stock market is not the economy, however, failing as it does to count for other factors such as largely stagnant wages and growinginequality. A Federal Reserve report published last year, for instance, found that the wealthiest 1% of American families controlled 38.6% of the country’s wealth in 2016. It specifically weights the success of larger business over the success of small businesses.
And while a president might encourage investors with business-friendly policies – or alarm them with sudden, apparently new statements from his advisers – they have mostly indirect influence on the stock market.
Rusfan
Hall of Famer
Too bad they need to boo when talking about non-citizen criminals
Rusfan
Hall of Famer
What's this "Political Editor"? I've never heard of that before?
The Raven
Veteran
Ah yes I love it when people refer to childhood arrivals who hold jobs and contribute to society has criminals. I fucking love when we dehumanize good people for political purposes!!!!!! Good job Ludy you're a FUCKING genius.
Trump said: "We enacted the biggest tax cuts and reforms in American history. Our massive tax cuts provide tremendous relief for the middle class and small businesses.
To lower tax rates for hardworking Americans, we nearly doubled the standard deduction for everyone. Now, the first $24,000 earned by a married couple is completely tax-free. We also doubled the child tax credit.
A typical family of four making $75,000 will see their tax bill reduced by $2,000 -- slashing their tax bill in half.
This April will be the last time you ever file under the old broken system -- and millions of Americans will have more take-home pay starting next month … We repealed the core of disastrous Obamacare -- the individual mandate is now gone."
Political Correspondent: The tax cut signed into law last month is not the largest in American history, but the eighth largest, at about 0.9% of the gross domestic product. In 1981, Ronald Reagan signed the largest cut, at 2.89% of GDP.
The $1.1tn tax cut will theoretically mean lower taxes for every income bracket in 2019, but it is misleading to suggest that those cuts will last for everyone.
Over time the cuts disproportionately save money for the wealthiestAmericans. Some of the tax cuts phase out in 2025, meaning that by 2027 Americans earning less than $75,000 will see tax increases, while those earning more than $75,000 will see continued savings. More than 75% of the savings will go to people who earn more than $200,000, according to Moody’s, or about 5% of taxpayers.
Meanwhile Americans in the top 1% of earners will save hundreds of thousands of dollars, if not millions, through the cuts, according to the Tax Policy Center. The president’s family could save as much as $11m, according to an analysis by the New York Times. The tax plan also eliminated the estate tax, which only affected a few thousand extremely families with extraordinary wealth, and it is expected toadd $1tn to the national debt.
Trump is correct that the tax overhaul also repealed the individual mandate of the Affordable Care Act.
Trump said: "We slashed the business tax rate from 35% all the way down to 21%, so American companies can compete and win against anyone in the world. These changes alone are estimated to increase average family income by more than $4,000."
Political Correspondent: Before last December’s tax cuts, the US had one of the highest corporate tax rates, a federal rate of 35% that could reach 39.1% with state taxes; the effective rate was 27.1%. The cuts reduced them to 21%; few corporations actually pay at the rate, instead using loopholes and deductions to pay far less. It is false that the US ranked highest among developed countries for personal income rates or for tax revenue as GDP, according to the OECD. As a percent of GDP, the US ranks in the bottom third of those nations.
To lower tax rates for hardworking Americans, we nearly doubled the standard deduction for everyone. Now, the first $24,000 earned by a married couple is completely tax-free. We also doubled the child tax credit.
A typical family of four making $75,000 will see their tax bill reduced by $2,000 -- slashing their tax bill in half.
This April will be the last time you ever file under the old broken system -- and millions of Americans will have more take-home pay starting next month … We repealed the core of disastrous Obamacare -- the individual mandate is now gone."
Political Correspondent: The tax cut signed into law last month is not the largest in American history, but the eighth largest, at about 0.9% of the gross domestic product. In 1981, Ronald Reagan signed the largest cut, at 2.89% of GDP.
The $1.1tn tax cut will theoretically mean lower taxes for every income bracket in 2019, but it is misleading to suggest that those cuts will last for everyone.
Over time the cuts disproportionately save money for the wealthiestAmericans. Some of the tax cuts phase out in 2025, meaning that by 2027 Americans earning less than $75,000 will see tax increases, while those earning more than $75,000 will see continued savings. More than 75% of the savings will go to people who earn more than $200,000, according to Moody’s, or about 5% of taxpayers.
Meanwhile Americans in the top 1% of earners will save hundreds of thousands of dollars, if not millions, through the cuts, according to the Tax Policy Center. The president’s family could save as much as $11m, according to an analysis by the New York Times. The tax plan also eliminated the estate tax, which only affected a few thousand extremely families with extraordinary wealth, and it is expected toadd $1tn to the national debt.
Trump is correct that the tax overhaul also repealed the individual mandate of the Affordable Care Act.
Trump said: "We slashed the business tax rate from 35% all the way down to 21%, so American companies can compete and win against anyone in the world. These changes alone are estimated to increase average family income by more than $4,000."
Political Correspondent: Before last December’s tax cuts, the US had one of the highest corporate tax rates, a federal rate of 35% that could reach 39.1% with state taxes; the effective rate was 27.1%. The cuts reduced them to 21%; few corporations actually pay at the rate, instead using loopholes and deductions to pay far less. It is false that the US ranked highest among developed countries for personal income rates or for tax revenue as GDP, according to the OECD. As a percent of GDP, the US ranks in the bottom third of those nations.
The political editor of a newspaper or broadcaster is the senior political reporter who covers politics and related matters for the newspaper or station. He or she may have a large team of political correspondents working under him or her.
sorry i didnt realise it wasnt an international thing - we have them at every major outlet in the UK
Rusfan
Hall of Famer
Yeah, because they're the only kind of illegal aliens that can happen
Miguel and Juarez here are only 8 and 10, respectively.
The Raven
Veteran
In the wake of Trump's racist fear mongering, I just want to remind everyone that immigrants, both document and undocumented, commit crimes at lower rates than average citizens.
I'd also like to point out that merit based immigration runs completely counter to the ideals of our founders and that ending chain migration is coded racism and is kinda dumb as an idea.
I'd also like to point out that merit based immigration runs completely counter to the ideals of our founders and that ending chain migration is coded racism and is kinda dumb as an idea.
Rusfan
Hall of Famer
Ah, I thought they were an organization or group. Thanks for the clarification
The Raven
Veteran
Congrats on cherrypicking. Let me find a pic of white trash assholes with truck nuts and a bumper sticker that says "guns are like women. Don't you just wanna shoot both?" (Actually saw that one today). Then we can talk about how white conservatives are morally bankrupt. I mean, isn't it okay to cherry pick the worst examples and accept it as the norm?Yeah, because they're the only kind of illegal aliens that can happen
Miguel and Juarez here are only 8 and 10, respectively.
Trump said: "Since we passed tax cuts, roughly 3 million workers have already gotten tax cut bonuses -- many of them thousands of dollars per worker."
Political Correspondent: It’s true that several large corporations, such as Apple, Bank of America and Walmart, gave thousands of minimum-wage employees bonuses in the range of hundreds to a few thousand dollars, which they said were linked to the new tax plan. Those bonuses respectively cost the companies $300m, $145m, and $400m – pennies compared to the savings bestowed by the new tax plan on large corporations: Apple will likely save a minimum of $40bn from the tax cuts; Bank of America $2.7bn, and Walmart $4bn.
Trump said: "Last year, the Congress passed, and I signed, the landmark VA Accountability Act. Since its passage, my Administration has already removed more than 1,500 VA employees who failed to give our veterans the care they deserve -- and we are hiring talented people who love our vets as much as we do."
Political Correspondent: The Trump administration had fired at least 1,322 people from the department of Veterans Affairs last year, according to the agency and an accounting by Military Times. Given its pace of removals last year, it would be on track to remove around 1,500 employees by the end of January 2018.
Political Correspondent: It’s true that several large corporations, such as Apple, Bank of America and Walmart, gave thousands of minimum-wage employees bonuses in the range of hundreds to a few thousand dollars, which they said were linked to the new tax plan. Those bonuses respectively cost the companies $300m, $145m, and $400m – pennies compared to the savings bestowed by the new tax plan on large corporations: Apple will likely save a minimum of $40bn from the tax cuts; Bank of America $2.7bn, and Walmart $4bn.
Trump said: "Last year, the Congress passed, and I signed, the landmark VA Accountability Act. Since its passage, my Administration has already removed more than 1,500 VA employees who failed to give our veterans the care they deserve -- and we are hiring talented people who love our vets as much as we do."
Political Correspondent: The Trump administration had fired at least 1,322 people from the department of Veterans Affairs last year, according to the agency and an accounting by Military Times. Given its pace of removals last year, it would be on track to remove around 1,500 employees by the end of January 2018.
no worries - im just putting out there a mostly non-partisan source of information from outside the US on the state of the union facts because im tired of people throwing weird facts at each other in this thread without all the context - if it undermines my point of view in some cases then so be it - if it confirms my point of view in some cases then so be it...
i guess we'll see...
Rusfan
Hall of Famer
When I bring up "white trash conservatives" as you lovingly call them, fell free.
Oddly enough I was actually talking about ADULT illegal aliens. YOU were the one who brought up children.
Hah, "White trash conservatives" you use that term while calling Trump the racist? What if someone said the equivalent for another race? Actually don't bother with answering that, we both know you'd yell and scream about how "this is yet another example of how the GOP is the party of racists".
The Raven
Veteran
Good job deflecting the point.
And I'm sorry, how else should I describe someone with truck nuts and that bumper sticker?
Rusfan
Hall of Famer
I'm not the one deflecting here budro.
I say again my original point had nothing to do with that, but I can tell you didn't even bother to read the entire post, so I wouldn't expect you to get down this far
Trump said: "We have ended the war on American energy -- and we have ended the war on clean coal. We are now an exporter of energy to the world."
Political Editor: Thanks to a natural gas boom over the last 15 years, the US has become a global energy power to rival oil states around the world. This success of natural gas – cheaper, more accessible and comparatively cleaner than coal – has marginalized the coal industry, limiting Trump’s efforts to save the industry.
As automation has spread across many US industries, coal jobs and production declined for decades, collapsing 33% from 2011 to 2016, according to studies by Columbia University and the Department of Energy, largely due to competition from natural gas and a shift away from coal in Asia.
Trump has tried, however, to resurrect coal’s fading fortunes. With Republicans in Congress he rescinded a rule that tried to keep coal mining waste out of waterways; he ordered a revocation of Barack Obama’s Clean Power Plan, which put strict new regulations on mining and favored renewable energies; and he lifted a ban on mining leases on federal land. And in 2017, coal exports hugely increased compared to 2016, according to the Energy Information Association. Still, there has only been about 1% growth in coal jobs over the last year, according to the Bureau of Labor Statistics.
The phrase “clean coal,” coined by the coal industry and briefly taken up by Obama, is itself controversial. The term applies not to any coal itself but power plants that remove heavy metal pollutants in the burning process and bury carbon emissions in the earth. Even such “clean” coal-fired plants still emit large levels of pollutants, however.
Trump said: "In Detroit, I halted government mandates that crippled America’s autoworkers -- so we can get the Motor City revving its engines once again."
Political Editor: Detroit filed for bankruptcy in 2013, but the US auto industry was one of the first American sectors to bounce back from the 2008 financial crisis, enough so that Barak Obama was touting its revival in 2010.
Trump said: "Many car companies are now building and expanding plants in the United States -- something we have not seen for decades. Chrysler is moving a major plant from Mexico to Michigan; Toyota and Mazda are opening up a plant in Alabama. Soon, plants will be opening up all over the country. This is all news Americans are unaccustomed to hearing -- for many years, companies and jobs were only leaving us."
Political Editor: Chrysler is not moving any plant from Mexico; it is keeping the Mexican factory and investing in a Michigan one. Toyota-Mazda have planned for a $1.6bn factory in Alabama, to open in several years. Several of the plans Trump is touting have been in development for several years and the US has steadily increased jobs since 2010, according to the same Bureau of Labor Statistics figures the president earlier cited.
Political Editor: Thanks to a natural gas boom over the last 15 years, the US has become a global energy power to rival oil states around the world. This success of natural gas – cheaper, more accessible and comparatively cleaner than coal – has marginalized the coal industry, limiting Trump’s efforts to save the industry.
As automation has spread across many US industries, coal jobs and production declined for decades, collapsing 33% from 2011 to 2016, according to studies by Columbia University and the Department of Energy, largely due to competition from natural gas and a shift away from coal in Asia.
Trump has tried, however, to resurrect coal’s fading fortunes. With Republicans in Congress he rescinded a rule that tried to keep coal mining waste out of waterways; he ordered a revocation of Barack Obama’s Clean Power Plan, which put strict new regulations on mining and favored renewable energies; and he lifted a ban on mining leases on federal land. And in 2017, coal exports hugely increased compared to 2016, according to the Energy Information Association. Still, there has only been about 1% growth in coal jobs over the last year, according to the Bureau of Labor Statistics.
The phrase “clean coal,” coined by the coal industry and briefly taken up by Obama, is itself controversial. The term applies not to any coal itself but power plants that remove heavy metal pollutants in the burning process and bury carbon emissions in the earth. Even such “clean” coal-fired plants still emit large levels of pollutants, however.
Trump said: "In Detroit, I halted government mandates that crippled America’s autoworkers -- so we can get the Motor City revving its engines once again."
Political Editor: Detroit filed for bankruptcy in 2013, but the US auto industry was one of the first American sectors to bounce back from the 2008 financial crisis, enough so that Barak Obama was touting its revival in 2010.
Trump said: "Many car companies are now building and expanding plants in the United States -- something we have not seen for decades. Chrysler is moving a major plant from Mexico to Michigan; Toyota and Mazda are opening up a plant in Alabama. Soon, plants will be opening up all over the country. This is all news Americans are unaccustomed to hearing -- for many years, companies and jobs were only leaving us."
Political Editor: Chrysler is not moving any plant from Mexico; it is keeping the Mexican factory and investing in a Michigan one. Toyota-Mazda have planned for a $1.6bn factory in Alabama, to open in several years. Several of the plans Trump is touting have been in development for several years and the US has steadily increased jobs since 2010, according to the same Bureau of Labor Statistics figures the president earlier cited.
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