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Mike W
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Comments by "Mike W" (@MikeW-dz7ij) on "BREAKING: New York Gov. Kathy Hochul Announces Recruitment Effort For Workers Laid Off Due To DOGE" video.
@captainwho1 "2017 tax cut ensured that the U.S. as a whole would continue to spend more than it produced, hence the need for a current account deficit". Peterson Institute for International Economics
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@captainwho1 debt in the farm sector is projected to increase by 4 percent to a record $434 billion in 2019 and farm bankruptcies have continued to rise across the country." NYT
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@captainwho1 Throughout Trump’s time in office, family dairy farms have continued to go out of business. Wisconsin alone losing 500 in 2017, nearly 700 in 2018, and over 800 in 2019
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@captainwho1 Trump bailed out farmers with tens of billions from taxpayers. If a U.S. business found itself suddenly uncompetitive after tariffs raised prices on imported parts or materials, it had to beg a Commerce Department bureaucrat for an exclusion to stay alive
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@captainwho1 During Trump's presidency, the U.S. trade deficit soared to its highest level since 2008. Farm bankruptcies increased 20%, the highest level since 2011.
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@captainwho1 All that data is factual. You're just to biased to accept the truth.
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@captainwho1 the Peterson Institute for International Economics is not a left site 🤣
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@captainwho1 the Commerce Department is not a left site hahaha
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@captainwho1 Art Laffer is a trumper, why would any take anything he said seriously
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@captainwho1 trumps people said "trust us bro" and you just did? 🤣😂
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@captainwho1 The combined U.S. goods and services trade deficit increased to $679 billion in 2019, compared to $481 billion in 2016, the year before Trump took office. The trade deficit in goods alone hit $916 billion, a record high and an increase of about 21 percent from 2016. A Feb 5 2021 Commerce Department report says
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@captainwho1 You just posted that we lost HUGE amounts of revenue. All of those figures should be more than 20% hire than that! Proving my point
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@captainwho1 the CBO is not even the correct source for this. You have to look at the Bureau of Labor Statistics. Thats the group that actually produces the data
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@captainwho1 Federal revenue in 2017 4.24, Then 4.16 in 2018 followed by 4.20 and 4.15 in 2020. See how it went down. And thats before we get into the massive trump spending and money printing. Educate yourself
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@captainwho1 thats why we saw the dip in revenue starting in 2018 as I literally just posted. Try again
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@captainwho1 Federal revenue went DOWN to 4.16 in 2018 from 4.24 in 2017 according to the actual revenue data source, the BLS
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@captainwho1 The CBO is not Nonpartisan. Sorry. You're still wrong lol
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