@optimist_economy: From Episode 12 on the national debt. Not much to show for all those tax cuts...#OptimistEconomy #NationalDebt #Podcast

Kathryn & Robin
Kathryn & Robin
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Wednesday 11 June 2025 17:02:57 GMT
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becauseican04
mim :
“It was pouring down rain and you’re firing a hose from your roof”
2025-06-12 03:21:17
9
ilovetreehouses
ilovetreehouses :
I love this podcast. I’ve really enjoyed listening.
2025-06-16 05:56:04
0
jaredw007
jaredw007 :
Trump campaigned in 2016 trying to convince people the economy was terrible even though it wasn’t. His tax bill was his cover for taking credit for the growing economy.
2025-06-11 17:51:42
70
rodjones99
Rod Jones :
love your podcast. My go to while mowing the lawn.
2025-06-12 02:13:03
0
whylennial
Nicholas Rose :
Because stock buybacks are legal. All cutting taxes do is spike stock buybacks. Just raise taxes, and spend it on the people. Healthcare, education, infrastructure, childcare. Tax cuts create no increases in productivity.
2025-06-11 21:55:51
55
pinkredrozes
redroses :
99% of economists know this bill will hurt Americans.
2025-06-12 15:30:32
6
papakevi_san
Kevin Sato :
I don’t believe the 2017 tax cuts for corporations and the wealthy were absorbed into the full economy. The wealthy and corporations did not put those monies into the economy. Most went for corporate stock buy backs and the wealthy only put their measly to them tax cuts into their general wealth, it did not spur them to spend any more than the already would have.
2025-06-14 14:19:04
0
c1010lyons
C1010Lyons :
How tiring is it to have evidence of the 2017 tax cut’s impotence and yet voters continually believe that tax cuts are the solution to everything? We can’t even open dialogue on real effective policy solutions because it means higher taxes.
2025-06-11 20:47:24
28
sirdrgezzy
SirDrGezzy :
Taxes are passed down to the poor through prices, stagnant wages and lobby nullified votes. The rich don't pay any effective tax!! You cannot tax people that control both prices and wages. IT IS IMPOSSIBLE 🤦🤦🤦🤦
2025-06-12 00:19:09
4
realdarkenergy
Jim 🎭 :
Tax cuts did a lot for the top 1%. Nothing for the middle classes or lower income families
2025-06-12 08:40:26
2
donaldjchicken
Donald J Chicken :
tax cuts to the rich only ends up in savings accounts it never gets spent ever that's why the billionaires can never lose their money they have infinite supply they have hundreds of Banks protocols in the world
2025-06-13 16:18:58
4
jontoor759
LosGatosCA :
What? Sprinkling millions on billionaires does not help the economy to grow?? Who knew?
2025-06-12 02:40:59
7
snoopythebaker
snoopythebaker :
2017: my company spent our tax cuts on more dividends and stock buybacks. Then told me they’d be freezing my pension, couldn’t afford it.
2025-06-11 23:12:36
29
user3222870120047
Solutions 1 :
Now their official line is we will have the largest tax increase in history. Of course… when they gave the largest tax cut in history. What about the debt??? The GOP bill is littered with BS to make Trump look like he lives up to his word. Except every new tax break sunsets at his departure
2025-06-14 22:56:48
0
bwmanley25
BManley! :
Is it possible to calculate the amount lost for tax cuts during record profits? People should know that number ahead of the GOP monster bill.
2025-06-12 15:51:14
0
ionlikealion3
Ionlikealion :
The interesting thing is that economists typically look at averages, so by “absorbed into a full economy”, it means that the rich got richer. +$10T to the top 1% to be exact.
2025-06-14 05:35:29
0
jsmullins
Jeremiah Mullins :
Intuition statement: we used the tax cuts to fuel stock market “growth” via stock buybacks. Companies spent billions of tax free dollars (cause buybacks weren’t taxed until the IRA) to buy their own stock, decreasing supply and thereby increasing the dollar value of the stock. Am I close? Oversimplifying? 🙏
2025-06-12 16:20:35
0
513np
NP513 :
It just raised the stock market and asset prices.
2025-06-12 02:18:26
1
kinganarchy90
King_AnArchy :
If only the last 40 yrs told us trickle down doesn't work
2025-06-12 18:49:59
0
bryanalder07
Bryan Alder :
We have a lot of national debt to show for the tax cuts
2025-06-13 17:55:01
0
docd12
DocD :
So let's do it again?!?!? raise debt ceiling by 4 trillion. Cut off millions healthcare??? please make it stop!!!
2025-06-12 19:09:24
0
shyinthestreets
Ross Andrew Simons :
You’re supposed to cut the deficit when the economy is good to buy you the ability to help the people when times are not. Instead the republicans manage to grow the debt at even higher rates during strong economies.
2025-06-12 13:41:10
1
sun_shine_dan
SunShine :
How much of a buffer does the American economic machine have before these awful decisions break it?
2025-06-11 17:35:47
0
the_v_chip
Chip :
Example after example shows the tax cuts of Bush and Trump (and even Reagan) have done very little for the economy and especially the lower and middle class. Yet Rs still push them every time.
2025-06-11 17:25:40
3
gelide_
Paul :
Don’t have a lot to show except fairness.
2025-07-09 20:44:21
0
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