Quote:
|
Originally Posted by Guest
The unemployment rate was reduced under Obama. The Trump administration has only maintained the figures. And I guess it depends on what side of the fence you are on. Increasing our oil supply by drilling in the Arctic National Wildlife Refuge is just plain stupid. Spills and chronic oil leaks will ruin a pristine ecosystem. We should be focusing our priorities on alternative energy sources like electric and solar. As far as ISIS, you have been watching too much FOX news. The bulk of ISIS fighters, according to senior US military officials, were killed under the Obama administration, and Trump has only continued the Obama military operations. It is true all the tax breaks he is giving to industry are helping them. Of course these companies have been making enormous profits for years. Now they are making more profits, at the expense of our national debt. Wonderful. Yeah, Trump has really accomplished something. And half of what he brags about, are things that Obama accomplished, and he tries to take credit for. Shame on you if you don't do your homework and see him for the liar he really is.  |
The unemployment rate was 4.8 in January of 2017 and 4.1 in November of 2017. That's the lowest it's been in ten years.
How do companies make huge profits at the expense of our national debt? Do you understand that companies are taxed on their profits? If a company makes more money, the government gets more money.
The problem is not our companies being too successful. If anything the fact that they have been held back by high corporate taxes and excessive regulations have made them less profitable than they might have been. That means that the government received less money from them that they might have if they made more profits.
The problem is Congress always spends more money than it takes in. We have no law that limits the amount that they spend. the budget that is set forth at the beginning of the year is a joke. There is no law that says they must adhere to it. That is why we desperately need a balanced budget amendment to the Constitution.