Trump Timeline ... Trumpocalypse

[Big_paul]

I donr even want to think about when it comes time to pay for all these tax cuts for the rich. We will have to inflate our way out .

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Senorman]

I donr even want to think about when it comes time to pay for all these tax cuts for the rich. We will have to inflate our way out .

.....at the subsequent erosion of our wealth and purchasing power.

 

[Michael Scally MD]

Millions of Americans filling out their 2018 taxes will probably be surprised to learn that their refunds will be less than expected or that they owe money to the Internal Revenue Service after years of receiving refunds.

People have already taken to social media, using the hashtag #GOPTaxScam, to vent their anger. Many blame President Trump and the Republicans for shrinking refunds. Some on Twitter even said they wouldn’t vote for Trump again after seeing their refunds slashed.

The uproar follows the https://www.washingtonpost.com/news/post-politics/wp/2017/12/22/trump-signs-sweeping-tax-bill-into-law/?utm_term=.506bcfa4f715 (passage of a major overhaul to the tax code) in December 2017, which was enacted with only Republican votes and is considered the biggest legislative achievement of Trump’s first year. While the vast majority of Americans received a tax cut in 2018, refunds are a different matter. Some refunds have decreased because of changes in the law, such as a new limit on property and local income tax deductions, and some have decreased because of how the IRS has altered withholding in paychecks.

...

The average tax refund check is down 8 percent ($170) this year compared to last, the IRS reported Friday, and the number of people receiving a refund so far has dropped by almost a quarter.

The GAO pointed to an IRS estimate that about 4.6 million fewer filers would receive refunds this tax filing season. Another 4.6 million filers were likely to owe money who had not had that experience in the past.

There is no estimate for how many people could still receive a refund but a smaller one than before.

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Michael Scally MD]

.. ..

 

[Michael Scally MD]

.. ..

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Michael Scally MD]

President Trump appears to be dimly aware that he isn’t going to get the $5.7 billion he wants for his border wall. Months of rage-tweets and https://www.washingtonpost.com/politics/2019/02/06/fact-checking-president-trumps-state-union-address/?utm_term=.791414a1121a (lies) just didn’t get it done: Most https://www.washingtonpost.com/business/economy/border-talks-at-impasse-as-shutdown-looms-friday-officials-say/2019/02/10/aa8ef08c-2d36-11e9-813a-0ab2f17e305b_story.html?utm_term=.8bd0a13d806f (reports) suggest conference negotiators are converging on an agreement to spend somewhere between $1.3 billion and $2 billion on new barriers in targeted locations.

Yet a https://www.washingtonpost.com/business/economy/border-talks-at-impasse-as-shutdown-looms-friday-officials-say/2019/02/10/aa8ef08c-2d36-11e9-813a-0ab2f17e305b_story.html?utm_term=.8bd0a13d806f (new sticking point) has now arisen: a dispute over detention beds.

But Trump is lying about this issue, too. And his administration appears to be operating in bad faith in a manner that renders a reasonable compromise less likely.

The core dispute is this: Democrats want to cap the number of beds available to detain undocumented immigrants rounded up in the interior at 16,500. Trump and Republicans claim this would result in the failure to detain “violent” offenders. Democrats say it would force Immigration and Customs Enforcement to choose among who is picked up from the interior, meaning they’d focus more on violent offenders, resulting in fewer detentions of nonviolent longtime residents.

To understand this dispute, we need to step back. ...

This gets at the much bigger argument here: Democrats don’t want to deport longtime residents and want to refocus resources away from that. Trump and Republicans do want to deport as many from the interior as possible, with no regard to their status.

The bottom line is that Trump and top adviser Stephen Miller want fewer immigrants in the United States. That’s why they want cuts to legal immigration, restrictions on asylum seeking, slashed refugee flows and (as we’re discussing now) a much broader deportation dragnet.

...

But Trump has lost this bigger argument. Polls show large majoritiesdon’t want mass deportations, and instead want longtime immigrant residents to be provided a path to legalization. In short, most Americans think they should stay. Trump’s https://www.washingtonpost.com/politics/2019/02/06/fact-checking-president-trumps-state-union-address/?utm_term=.791414a1121a (lies) about the wall and about undocumented immigrants have failed him.

 

[Michael Scally MD]

Last May, I wrote a series using the questions (as imagined by Jay Sekulow) Mueller had posed to Trump to lay out what theory of investigation Mueller might be pursuing — and what details we know about it. We’ve learned a lot more about the investigation and confirmed that the investigation focusing on Trump personally includes both a criminal and a counterintelligence component. I wanted to update the series. Because we know so much more about both sides of this quid pro quo, the organization of the series will be somewhat different.

...

By September 25, 2015, Felix Sater and Michael Cohen already had a Moscow design study completed for a Trump Tower in Moscow. Days later, Andrey Rozov was promising to build Donald Trump the tallest tower in Europe. In October, Felix Sater (whose actions in brokering this deal seemed designed to ensure that Trump’s willingness to work with Russian military intelligence and sanctioned banks would leave a digital paper trail) started pitching the centrality of Putin to the deal. On October 28, at a time when his presidential bid was meeting unexpected success, Trump signed a Letter of Intent on a deal that stood to make him a fantastic sum of $300 million.

...

One thing to remember about this Trump Tower deal. The deal was too good to be true (and to some degree that’s the point!). But it fed all of Trump’s character weaknesses. The promise of having the tallest tower in Europe would feed Trump’s narcissism. The fairly ridiculous claim Trump Organization stood to make $300 million off of it would have been irresistible to the highly indebted family.

And in exchange for that, Trump showed repeated and sustained willingness to deal with GRU-tied individuals and sanctioned banks. At the June 9 meeting, his spawn made it clear he’d trade policy considerations to get the deal.

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Michael Scally MD]

 

[Pierced]

The list President Trump's Accomplishments in less than 2 years (Compiled by The Washington Examiner) Economic Growth 4.2 percent growth in the second quarter of 2018.For the first time in more than a decade, growth is projected to exceed 3 percent over the calendar year. Jobs 4 million new jobs have been created since the election, and more than 3.5 million since Trump took office.More Americans are employed now than ever before in our history.Jobless claims at lowest level in nearly five decades.The economy has achieved the longest positive job-growth streak on record.Job openings are at an all-time high and outnumber job seekers for the first time on record.Unemployment claims at 50 year lowAfrican-American, Hispanic, and Asian-American unemployment rates have all recently reached record lows.African-American unemployment hit a record low of 5.9 percent in May 2018.Hispanic unemployment at 4.5 percent.Asian-American unemployment at record low of 2 percent.Women’s unemployment recently at lowest rate in nearly 65 years.Female unemployment dropped to 3.6 percent in May 2018, the lowest since October 1953.Youth unemployment recently reached its lowest level in more than 50 years.July 2018’s youth unemployment rate of 9.2 percent was the lowest since July 1966.Veterans’ unemployment recently hit its lowest level in nearly two decades.July 2018’s veterans’ unemployment rate of 3.0 percent matched the lowest rate since May 2001.Unemployment rate for Americans without a high school diploma recently reached a record low.Rate for disabled Americans recently hit a record low.Blue-collar jobs recently grew at the fastest rate in more than three decades.Poll found that 85 percent of blue-collar workers believe their lives are headed “in the right direction.”68 percent reported receiving a pay increase in the past year.Last year, job satisfaction among American workers hit its highest level since 2005.Nearly two-thirds of Americans rate now as a good time to find a quality job.Optimism about the availability of good jobs has grown by 25 percent.Added more than 400,000 manufacturing jobs since the election.Manufacturing employment is growing at its fastest pace in more than two decades.100,000 new jobs supporting the production & transport of oil & natural gas. American Income Median household income rose to $61,372 in 2017, a post-recession high.Wages up in August by their fastest rate since June 2009.Paychecks rose by 3.3 percent between 2016 and 2017, the most in a decade.Council of Economic Advisers found that real wage compensation has grown by 1.4 percent over the past year.Some 3.9 million Americans off food stamps since the election.Median income for Hispanic-Americans rose by 3.7 percent and surpassed $50,000 for the first time ever in history.Home-ownership among Hispanics is at the highest rate in nearly a decade.Poverty rates for African-Americans and Hispanic-Americans have reached their lowest levels ever recorded. American Optimism Small business optimism has hit historic highs.NFIB’s small business optimism index broke a 35 year-old record in August.SurveyMonkey/CNBC’s small business confidence survey for Q3 of 2018 matched its all-time high.Manufacturers are more confident than ever.95 percent of U.S. manufacturers are optimistic about the future, the highest ever.Consumer confidence is at an 18-year high.12 percent of Americans rate the economy as the most significant problem facing our country, the lowest level on record.Confidence in the economy is near a two-decade high, with 51 percent rating the economy as good or excellent. American Business Investment is flooding back into the United States due to the tax cuts.Over $450 billion dollars has already poured back into the U.S., including more than $300 billion in the first quarter of 2018.Retail sales have surged. Commerce Department figures from August show that retail sales increased 0.5 percent in July 2018, an increase of 6.4 percent from July 2017.ISM’s index of manufacturing scored its highest reading in 14 years.Worker productivity is the highest it has been in more than three years.Steel and aluminum producers are re-opening.Dow Jones Industrial Average, S&P 500, and NASDAQ have all notched record highs.Dow hit record highs 70 times in 2017 alone, the most ever recorded in one year. Deregulation Achieved massive deregulation at a rapid pace, completing 22 deregulatory actions to every one regulatory action during his first year in office.Signed legislation to roll back costly and harmful provisions of Dodd-Frank, providing relief to credit unions, and community and regional banks.Federal agencies achieved more than $8 billion in lifetime net regulatory cost savings.Rolled back Obama’s burdensome Waters of the U.S. rule.Used the Congressional Review Act to repeal regulations more times than in history. Tax Cuts Biggest tax cuts and reforms in American history by signing the Tax Cuts and Jobs act into lawProvided more than $5.5 trillion in gross tax cuts, nearly 60 percent of which will go to families.Increased the exemption for the death tax to help save Family Farms & Small Business.Nearly doubled the standard deduction for individuals and families.Enabled vast majority of American families will be able to file their taxes on a single page by claiming the standard deduction.Doubled the child tax credit to help lessen the financial burden of raising a family.Lowered America’s corporate tax rate from the highest in the developed world to allow American businesses to compete and win.Small businesses can now deduct 20 percent of their business income.Cut dozens of special interest tax breaks and closed loopholes for the wealthy.9 in 10 American workers are expected see an increase in their paychecks thanks to the tax cuts, according to the Treasury Department.More than 6 million of American workers have received wage increases, bonuses, and increased benefits thanks to tax cuts.Over 100 utility companies have lowered electric, gas, or water rates thanks to the Tax Cuts and Jobs Act.Ernst & Young found 89 percent of companies planned to increase worker compensation thanks to the Trump tax cuts.Established opportunity zones to spur investment in left behind communities. Worker Development Established a National Council for the American Worker to develop a national strategy for training and retraining America’s workers for high-demand industries.Employers have signed Trump’s “Pledge to America’s Workers,” committing to train or retrain more than 4.2 million workers and students.Signed the first Perkins CTE reauthorization since 2006, authorizing more than $1 billion for states each year to fund vocational and career education programs.Executive order expanding apprenticeship opportunities for students and workers. Domestic Infrastructure Proposed infrastructure plan would utilize $200 billion in Federal funds to spur at least $1.5 trillion in infrastructure investment across the country.Executive order expediting environmental reviews and approvals for high priority infrastructure projects.Federal agencies have signed the One Federal Decision Memorandum of Understanding (MOU) streamlining the federal permitting process for infrastructure projects.Rural prosperity task force and signed an executive order to help expand broadband access in rural areas. Health Care Signed an executive order to help minimize the financial burden felt by American households Signed legislation to improve the National Suicide Hotline.Signed the most comprehensive childhood cancer legislation ever into law, which will advance childhood cancer research and improve treatments.Signed Right-to-Try legislation, expanding health care options for terminally ill patients.Enacted changes to the Medicare 340B program, saving seniors an estimated $320 million on drugs in 2018 alone.FDA set a new record for generic drug approvals in 2017, saving consumers nearly $9 billion.Released a blueprint to drive down drug prices for American patients, leading multiple major drug companies to announce they will freeze or reverse price increases.Expanded short-term, limited-duration health plans.Let more employers to form Association Health Plans, enabling more small businesses to join together and affordably provide health insurance to their employees.Cut Obamacare’s burdensome individual mandate penalty.Signed legislation repealing Obamacare’s Independent Payment Advisory Board, also known as the “death panels.”USDA invested more than $1 billion in rural health care in 2017, improving access to health care for 2.5 million people in rural communities across 41 statesProposed Title X rule to help ensure taxpayers do not fund the abortion industry in violation of the law.Reinstated and expanded the Mexico City Policy to keep foreign aid from supporting the global abortion industry.HHS formed a new division over protecting the rights of conscience and religious freedom.Overturned Obama administration’s midnight regulation prohibiting states from defunding certain abortion facilities.Signed executive order to help ensure that religious organizations are not forced to choose between violating their religious beliefs by complying with Obamacare’s contraceptive mandate or shutting their doors.