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Uh yeah, that didn’t work for Reagan, Bush, W, or Trump 1.0!

He doesn’t square it. Instead he lies and says the problem doesn't exist. When President Clinton was able to increase taxes on the wealthy, the result was a budget surplus.

So we expect a contraction of 3+% then?

Absolutely no clue. Keep trying to feed us bullshit.

We just open a new tab in excel, the cut paste the debt there. Then we delete that tab and the debt is gone.

Fudge the numbers and lie. It's all they have.

Is he ever asked for evidence of this strategy ever working?

Community note(-ish): Tax cuts have never paid for themselves (despite the Republican narrative that they will).

That would require zero growth in spending which will never happen.

How none of these MAGA liars are never immediately struck down with a bolt of lightning should have everyone questioning the existence of a higher power.

So the 36 trillion dollar public debt just magically disappears with a 3% growth? Lol, that's rich. And a 3% growth is a "pipe dream" under Trump.

Bessent pretty soon

The growth that is -0,4????

.. they need to remove the tourniquet from that guys brain.

I wish CNBC would start asking every CEO they interview how much of their tax savings will go into domestic expansion & hiring more Americans. I want specifics.

No wonder this dude thinks trump is an economic genious.

Yeah..about that growth

Just use a Sharpie to do it.

Oh sure, no problem Would you like fries with that? Pull around to the drive-up window... Why not turn up the projections to 10% as long as you're lying? Fucking clown!

www.instagram.com/reel/C-3TliA...

But all signs point to negative growth asshole.

“If”. Based on what? Just because you like that number better than the real projected number?

If you change reality then everything is perfect.

If that’s true, then why do we have continual debt?

I can turn up my paycheck projections too. It doesn’t mean I get more money each month.

Except that growth is now negative, Mr. Bessent, you dummy.

bsky.app/profile/dizz...

If you sprinkle fairy dust on a dog turd, it becomes a beautiful rainbow unicorn.

And it’s second cousin, RFK jr is practicing at MAHA….house of cards.

He can’t even get his lie straight

Yes, wishing debt away always works for me.

Bessent is a fully paid up adherent to the Trump Maxim, "It's not about if something is true. It's whether it should be". Of course - he doesn't mention the other Trump Maxim, "A sucker must get screwed".

If If If....

Sure, Scottie, how about turning it up to 11%? These people keep betting the US is stupid. And they’ve won every goddam bet to date.

Shouldn’t Bessent be repeatedly kicked in the balls and called a fucking stupid dumbass for saying such utterly stupid shit.

“If you assume everything goes perfectly all the time for the next decade, all the problems disappear!” How are these people ever taken seriously

Still waiting for Reagan’s economy to trickle on down

Sure. And if I turn up my income by 100%, my mortgage disappears. Simple. Why didn’t I think of that before?

Like in the 1990s? After we raised taxes? 😂😂😂

Yes, the debt goes to Happy Valley, a luminous orange place where bunnies nibble the clover and the Good Ship Lollypop sings good night to the tiny mice in their little feetie pajamas.

bsky.app/profile/jess...

Magic.

You know what else was different in Trump 1.0? No threats to remove the Fed Chair. No sweeping firings in the federal government, w/ coinciding layoffs among private contractors. No insane tariffs. No job-stealing AI. No one destroying checks and balances. But sure. Tax cuts will fix all that

Can I do that with my mortgage?

Love how they bank on the debt this bill causes to be erased by unicorns and fairy dust

"Just like magic... COVID-19 will be gone!" - Drumpf 🤡

yeah if you just fake the numbers it's fine what's the problem here

fuckin idiot. we're in a recession as we speak.

Turn it up to 11!

David Stockman lives

“If we take in more that we spend, then the debt disappears.” No fucking shit, Sherlock. So why aren’t we?

Assume a can opener. en.wikipedia.org/wiki/Assume_...

If you turn up the growth projections to 14%, everyone gets a Ferrari. *Disclaimer: no, not you. Just the millionaires

My spreadsheet shows that turning up my annual pay raises from 2.5% to 15% means no more debt in five years. Didn't know it could be this easy.

And how will you actually achieve 3% growth, Mr Bessent? 🤔 Be specific. Show your work.

In other news, some monkeys flew out of my a$$ today, so 3% can happen

“I do the numbers”

He has no clue what he’s talking about. Unqualified and incompetent and corrupt .

So, if I start a business that does nothing but I project growth of any amount I want, I will be debt free? 🤔

This is a financial network and they don’t push back on that magical thinking

We got told that with the 2017 tax bill and the debt still rose.

"Why not turn up the growth projections to 4%? Or 40%? As long as you're just wishcasting, why wish so small?"

How does it make sense that cutting support & health coverage for poor people = higher GDP? Low/Middle income families drive the economy so taking $ out of their pockets literally decreases demand, and growth. It’s such a bullshit mindset not based on logic.

if you find a rainbow there will be a pot of gold there. Total liar. The republican party is unAmerican and unConstitutional.

The best (sarcasm) part about this terrible bill, is all the MAGA who believed Trump that housing, gas & groceries would be affordable with him as President not only didn’t get that but are about to experience unimaginable pain losing benefits they didn’t realize were funded by tax dollars.

Yeah, look it’s simple math man. (The fact that our economy just shrunk is an inconvenient fact.)

"This economy goes to 11" says the Spinal Tap Treasury Secretary Nigel St. Bessent

Or maybe the aliens that just cruised into our solar system have a bundle of cash to give us. Just as likely.

I have dyscalculia and even I know that ain’t gona work

And what happens fuck wit when the economy starts contracting and we have no money to juice the economy back?

We’ll be extremely lucky if the coming Republican recession isn’t worse than the Great Depression.

More money is more than less money. Therefor no debt. I am very smart at money knowing. Thank you for your attention on this matter.

Cooking the books. Creative accounting with a hefty dose of wishful thinking

Trump is a failed businessman. Six bankrupt businesses. When the US banks stopped lending him money, he turned to Russia. Now he owes them and they own him and the destiny of every American.

Hahahaha. Turn up the growth numbers to more like 6%….in other words, impossible.

They really believe after negative growth, we will see 3%? That math does not jive with reality.

You just need to want it enough

Yes, if I assume improbable things happen, I can assume a lot of things work out

If we look at this under the best possible circumstances, with no fluctuations in any market, both domestic and international, and every country swooning to get under our good graces, then it's a real winner

“If we don’t test as much, we’ll have fewer cases.”

Projections, it's all about projections but none it based on facts or reality.

Reminder the economy shrunk in Trump's first quarter in office, and Trump used this same excuse for his first tax cut, which did not pay for itself and didn't see growth

Shoot if we're just picking random numbers why stop at 3?

Jesus Christ. This again? I'm old and have heard this record since 1980. "Tax cuts will pay for themselves!" Show me one time in the last 45 years where that's occurred.

I'm thinking even voodoo bullshit would work better.

So when Bessent can’t get those projections then we all agree that Republicans are on the hook for that debt, not the public.

How will growth increase ?? businesses can’t function with uncertainty which is what this admin is giving us

lol the economy is shrinking.

Why do they want to do these things in the first place and then turn around and lie about it?

Why not just "turn it up" to 11 then?

If you shake the Etch-A-Sketch a little harder, the whole mess disappears. Magic!

Do not participate economically. Starve the beast. Bring it all down. Then we rebuild.

Not if we all stop purchasing until Mr orange is out of office

Bessent: BLAH blah blah, blah BLAH blah, blah blah BLAH. Blah.

Reality check dude. Growth is slowing as we speak. Tariffs. Business uncertainty. Presidential impulsivity. Stagflation. Debt crisis looming. Encroaching police state. Cowards and unapologetic sadists leading the way. It will only continue to get worse. And you Sir shall drown with the rest of us.

BESSENT IS A LYING STOOGE

Voodoo economics is back

This is Trickle-down Economics on ketamine.

Just wait, it’ll… _trickle down_

What if the economy contracts by a half a percentage point? Like what’s happening right now.

"If" doing a lot of heavy lifting in that estimation.

And unicorns!!! Everyone gets a unicorn too!

Omg, he can't even lie well.

Actually, it's just greed... if they can get someone to believe a lie that makes them richer, they'll do it.

If we wish hard enough, we can make the debt go away.

Remind me how that worked in any GOP administration in history. Oh ya, it never has! Only skyrocketing federal debt. Over and over again.

Imagine a CMO telling the CEO “we need to take on massive debt and the growth will follow.” The CFO would be like “get the fuck out of here.”

Our economy is shrinking.

If that was true there wouldn't be any deficit

Bingo. Sorry to use caps preaching to the choir, but... IF GIVING THE RICH MORE TAX CUTS MADE EVERYONE MORE WEALTHY, WE ALL WOULD HAVE BEEN VASTLY WEALTHY YEARS AGO. We really tested that one out just to make sure. Lol

We shall see

Nothing but lies with a straight face

Tax cuts never work.

Like a dream. It’ll be gone in 2 weeks.

People are losing jobs. I will be one of them. Luckily, my employee will find a job for me. My step daughter’s boyfriend just got laid off. It’s happening closer to home now.

Same argument, 4th decade, yet to ever come to fruition. But sure voters, go ahead and believe this bullshit AGAIN.

There is no growth because if it passes many people will now be paying more for healthcare and food and nothing else because they can't afford to.

Since this is just extending existing cuts, shouldn’t the unicorn growth already be occurring?