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bighand69
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Comments by "bighand69" (@bighands69) on "How the GOP tax plan will impact the economy" video.
+wayne johnson Kurgman said America will never hit 3% growth last year and guess what it now has had 3% in two quarters in a row.
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Corporations are groups of people. SO what.
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Krugman said that the US would never see 3% under Trump and guess what there was 3% growth for two quarters in a row. Krugman also says that Reagan was a disaster for tax cuts but lets look at the facts when Reagan came to office unemployment was 13% and when he left it was 5% and peak inflation was 24% at the start and when he left it was 4%. And under Reagan household wealth increased. So at one point do people listen to Krugman. He has a terrible record.
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The only way that a working class man will get a raise that keeps up with inflation is if economic growth keeps above 3.75%. The last president who took over with low growth and then got above inflation was Reagan. When Reagan came to office unemployment was 13% and when he left it was 5%. He also increased household income. Trump and the republicans just went and copied Reagan.
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All of the programs are bankrupted. When Social Security started there was 30 people paying in to every 1 person taking out. Today it is 3 to 1 and that is not sustainable. Medicare and Medicaid are the same. The birth rate is not about 1.84 per child per women. Just to sustain the population it would need to be at 2 children per women and to have growth it would need to be above 2. I bet you are going to blame Trump for this because the media told you so.
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