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Mugwump
Joined: 28 Jul 2007 Location: Between London and Melbourne
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^ if you ask the wrong question, you get the wrong answer. The WSJ article said that “most economists believe the Trump tax cut will benefit growth into the next few years.” This is completely orthodox economics. Fiscal expansions benefit growth, until the government debt mounts to the point where interest rates rise and growth is choked off several years hence. I also note that the Trump tax cut has only just been enacted. It’s like claiming credit for the moon landing shortly after taking off from Cape Canaveral.
Trump is showing the usual economic irresponsibility of modern Republicans, granting tax cuts while expanding groaning government debt. Reagan did it, Bush Junior did it, Trump is doing it. George HW Bush - perhaps the last real conservative to have the job - didn’t do it, and he got punished by his party and the electorate for raising taxes. If only the Republicans would rediscover some actual Conservatism, rather than radical libertarianism...
The Daily Wire report, of course, glosses over the underlying question and reports the PR. Fake news. Right. _________________ Two more flags before I die! |
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Wokko
Come and take it.
Joined: 04 Oct 2005
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Tax cuts need reduction in bureaucracy and spending, Trump has done a lot of red tape cutting but I agree there needs to be spending cuts, deep ones. |
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Mugwump
Joined: 28 Jul 2007 Location: Between London and Melbourne
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Wokko wrote: | Tax cuts need reduction in bureaucracy and spending, Trump has done a lot of red tape cutting but I agree there needs to be spending cuts, deep ones. |
I agree. People right across the Western world need to start paying for the services they consume, rather than shuffling debt onto their children. What a useless generation this is. When the next crisis comes, among massive government debt and near zero interest rates, we have so few tools, it is frightening. I suppose they’ll print unsterilised money, God help us.
Cutting red tape is often worth doing, though it is hard work, and takes years if it is to be done intelligently. A lot of red tape exists for a reason. A lot is waste, or mere arse-covering. Telling the difference, and then getting change can be very hard, but it’s where the real economy and real growth happens.
I have less insight into what Trump is doing in that regard, but I’d wager it’s too early for him (or rather, his administration) to have made much progress in that branch of jungle warfare. _________________ Two more flags before I die! |
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Culprit
Joined: 06 Feb 2003 Location: Port Melbourne
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Cutting Red Tape sounds great in theory but it leads to other problems. No inspectors, cross checking and verifying opens up a can of worms. No one overseeing the basics such as cladding has led to people dying, all in the name of profits. We had open slather and that is why we brought in rules and regulations. |
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Mugwump
Joined: 28 Jul 2007 Location: Between London and Melbourne
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^ it can do. But some red tape is just red tape, and one may be better off bearing the risk. Some red tape even increases risk. The only guide is reason rather than ideology or setimentalism. Unfortunately we usually prefer the latter. _________________ Two more flags before I die! |
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Wokko
Come and take it.
Joined: 04 Oct 2005
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David
I dare you to try
Joined: 27 Jul 2003 Location: Andromeda
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Mugwump
Joined: 28 Jul 2007 Location: Between London and Melbourne
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Having Germaine on side in a debate about economics is a bit like tag-teaming Billy Brownless in a debate about general relativity. _________________ Two more flags before I die! |
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David
I dare you to try
Joined: 27 Jul 2003 Location: Andromeda
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harsh but fair. _________________ All watched over by machines of loving grace |
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Wokko
Come and take it.
Joined: 04 Oct 2005
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Pa Marmo
Side by Side
Joined: 16 Jun 2003 Location: Nicks BB member #617
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Pies4shaw
pies4shaw
Joined: 08 Oct 2007
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Any chance you could précis it so that the rest of us don’t have to get brain cancer from going onto that site? |
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Pa Marmo
Side by Side
Joined: 16 Jun 2003 Location: Nicks BB member #617
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‘Worse Than Watergate’: ‘Shocking’ House Intel Memo Allegedly Reveals FISA Abuse by Senior DOJ and FBI Officials
Members of the House on Thursday said they viewed a “shocking” classified memo allegedly detailing abuse of the Foreign Intelligence Surveillance Act (FISA) by senior Justice Department and Federal Bureau of Investigations officials in relation to the investigation of the Trump campaign and called for it to be declassified and available to the public immediately.
“It’s troubling. It is shocking,” Rep. Mark Meadows (R-NC) told Fox News. “Part of me wishes that I didn’t read it because I don’t want to believe that those kinds of things could be happening in this country that I call home and love so much.”
“The facts contained in this memo are jaw-dropping and demand full transparency. There is no higher priority than the release of this information to preserve our democracy,” said Rep. Matt Gaetz (R-FL), a member of the Judiciary Committee, which oversees the DOJ and the FBI.
Another Judiciary Committee member, Rep. Steve King (R-IA), called what he saw in the memo “sickening” and said it was “worse than Watergate.”
Rep. Ron DeSantis (R-FL), another Judiciary Committee member, called the memo “deeply troubling” and said it raises questions about the “Obama DOJ and Comey FBI.”
“The classified report compiled by House Intelligence is deeply troubling and raises serious questions about the upper echelon of the Obama DOJ and Comey FBI as it relates to the so-called collusion investigation,” he tweeted.
“You think about, ‘is this happening in America or is this the KGB?’ That’s how alarming it is,” Rep. Scott Perry (R-VA) told Fox News.
“It is so alarming the American people have to see this,” Rep. Jim Jordan (R-OH), a senior member of the Judiciary Committee, also said to network.
The viewing of the memo came after all Republican members of the House intelligence committee, whose investigators compiled the classified memo, voted Thursday to make it available to all House members. Every Democrat on the committee voted against it.
According to Gaetz, the memo’s contents could lead to the firing — and perhaps even jailing — of senior DOJ and FBI officials.
“I think that this will not end just with firings. I believe there are people who will go to jail,” he said on Fox News’ Hannity.
He said what he saw in the memo also explains why Senate Judiciary Committee Chairman Chuck Grassley (R-IA) and Judiciary Subcommittee Chairman Lindsey Graham (R-SC) recently referred the Fusion GPS dossier author Christopher Steele for a criminal investigation.
“I think there will be criminal implications here,” Gaetz added.
The memo also reportedly contains information about the dossier put together by Fusion GPS that alleged Trump and members of his team colluded with Russians in the 2016 election, according to a report by investigative journalist Sara Carter.
It was revealed in October that the dossier was funded by the Hillary Clinton campaign and the Democratic National Committee. Despite being a political document, the dossier was reportedly part of the evidence FBI officials used to apply for and obtain a warrant through a secret FISA court to spy on Trump campaign adviser Carter Page.
Page told Breitbart News in a statement: “After over a year of inciting discord and threats of violence across America, it’s encouraging that the individuals in Washington responsible for these efforts to undermine our great democracy may be held accountable soon.”
Breitbart News reported on March 3, 2016, that the Obama administration took steps to undermine Trump’s presidential campaign using “police state” tactics, including spying on the Trump campaign. That report is widely believed to have led to President Trump’s tweet that later accused the Obama administration of wiretapping Trump Tower.
Members of the public and Congress are now calling for the document to be declassified and released to the public.
DeSantis said the House intelligence committee, pursuant to House rules, should vote to make the report publicly available as soon as possible.
“While the report is classified as Top Secret, I believe the select committee should, pursuant to House rules, vote to make the report publicly available as soon as possible. This is a matter of national significance and the American people deserve the truth,” he said.
“Rule X of the House Rules allows the select committee to publicly disclose any information in its possession after a determination by the select committee that the public interest would be served by such disclosure.”
According to House Rules, if the House intelligence committee votes to make the report public, President Trump would have five days to issue an objection. If he objected, it would take a vote on the House floor. _________________ Genesis 1:1 |
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swoop42
Whatcha gonna do when he comes for you?
Joined: 02 Aug 2008 Location: The 18
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http://fortune.com/2018/01/18/president-trump-set-to-sign-fisa-surveillance-law-what-that-means-for-you/
Quote: | The Senate on Thursday voted narrowly to renew a law that permits intelligence agencies like the NSA and the FBI to tap into data from companies like AT&T and Google without a warrant.
President Trump is expected to sign the measure by the end of the week.
The law is controversial because the surveillance program, although aimed at foreigners, has resulted in the U.S. government monitoring the communications of Americans—including email and chat histories—without the sign-off of a judge. Proponents say privacy concerns are overblown and the program is an essential anti-terrorist tool.
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I guess FISA is only a problem when it targets rich white men.
If you're brown on the hand.
If only they were monitoring during his flirtatious period with Putin then it may have saved a whole lot of time investigating his obvious collusion.
Err I mean alleged collusion. _________________ He's mad. He's bad. He's MaynHARD! |
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David
I dare you to try
Joined: 27 Jul 2003 Location: Andromeda
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The FBI is corrupt. Who would have thought!?
(I scratch my head at this opposite-world we’ve entered, in which the right are now going after the deep state and liberal-left types are treating the CIA and other authoritarian spook organisations like their best mates. Freedom fries for everyone!) _________________ All watched over by machines of loving grace |
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