Because the parking isn't reflection most times in terms of the economy. Just like when things were low during covid, businesses were still making money and you could even make more money in the stock market or an investment as well. One does not always correlate to the other Good businesses will make money no matter the economy most often than not
That is always Republican's #1 priority. Tax cuts for the rich without cutting spending. Republicans administrations have actually contubuted slightly more to the national debt than Democrats post WW2, its close but its like 55-45% and Trump added more than Biden by lowering corporate taxes from 35-21% in years of record profits. Tax cuts without spending cuts are just as inflationary as spending increases without tax increases. The only way the government can spend $1 is by taxing its citizens and if not collected directly those taxes are still collected in the form of inflation/weakening of the purchasing power of the USD. There is a direct correlation between the national debt and the weakening purchasing power of our currency.
He was Romney's runningmate, what else would we expect. He didn't even let Trump build the wall and he jumped ship and lead Trump into a rough waters in 2018.
Let's juice the economy with trillions in debt fueled tax cuts when inflation is at 2.9 percent and mortgage rates at 7 percent. Nobody really needs more tax cuts now.
Leave entitlements alone. Every cent of that money goes back into the economy. Start thinking about taxing the billionaires where they hide their money and don’t support this country.
Not exactly, some retirees leave the US, and medicare has to pay into a healthcare system plagued with middle men and prescription benefit "managers"... that money stays in the US, but it gets transferred to the wrong people.
We are trillions in debt because of the entitlement programs which are 2/3 of the budget. They need to be greatly reformed or you can be the one to tell seniors and the disabled and the ultra poor that your short term thinking is responsible for their 30% benefit cut when the respective programs reach insolvency early next decade
@@Grantthecatholic The entitlement programs and their respective funds aren't in debt... THEY OWN THE DEBT. Not all of it, of course, but a good chunk of it. Yes, it's true that their cummulative spending will surpass their cummulative receipts within around a decade. But to say they're in debt is completely false.
Joe is such a loser. This is the problem with politics. Politics is no longer about the country. Its all about the party. And that is why we are so divided as a country. I'm suppose to hate you if ur on the other side...smh
Well, when one side want people to have jobs and safety.. And the other side wants grown men to be able to shower with little girls, you have your ans.
When the immigrants are removed are these guys going to have their grandkids rebuild LA, wait tables, and pick fruit in the Central Valley in 115 degree weather?
They say there are millions of American men 25-55 that have checked out of the workforce one way or another. I can’t wait to see them doing roofs and laying concrete next week.
For Gods sake CNBC needs to retire Joe. We are completely tired of this old man and his push BS. Lose him or lose us. Many,many of us are ready for Joe to go or we stop watching.
Ya, the guy who did everything he could to screw Trump's agenda is the guy Trump we should trust. Joe Kernan hit the nail right on the head with his questions.
The thing I can't square is how the GOP is all in for getting the debt under control, at least in theory, and then having huge tax cutes for the billionaires while letting the debt ceiling go higher and higher (and asking for an end to it) and just not showing any concern about the ballooning government bonds yields.
Republican have always known that Ryan is a RINO, he doesn't like Trump and that's ok because we American First Republicans have been done with Ryan for a while now, We hope he just rides off into the sunset, never to be heard from again
The stock market is at record highs after two back to back years of 20 plus percent gains. We're at full employment with positive job growth every month the last four years. Inflation is 2.9 percent with 3 percent GDP. Why do we need tax cuts? At the very least the tax cuts on higher income need to expire and pay down deficit.
The Ryan tax cuts. The Congressional Budget Office (CBO) estimated in 2018 that the 2017 law would cost $1.9 trillion over ten years. Together with the 2001 and 2003 tax cuts enacted under President Bush (most of which were made permanent in 2012), the law has severely eroded our country’s revenue base. Revenue as a share of GDP has fallen from about 19.5 percent in the years immediately preceding the Bush tax cuts to just 16.3 percent in the years immediately following the Trump tax cuts. Trump administration officials claimed their centerpiece corporate tax rate cut would “very conservatively” lead to a $4,000 boost in household income. Research shows that workers who earned less than $114,000 on average in 2016 saw “no change in earnings” from the corporate tax rate cut, while top executive salaries increased sharply. And we should do this again?
Trump tax cut results. "The corporate tax cuts came nowhere close to paying for themselves, as conservatives insisted they would. Instead, they are adding more than $100 billion a year to America’s $34 trillion-and-growing national debt, according to the quartet of researchers from Princeton University, the University of Chicago, Harvard University and the Treasury Department. The researchers found the cuts delivered wage gains that we..." Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds NY Times
The economy was not bad under Trump. The economy was not bad under Biden either. But, due to COVID, any President would have printed money to save the economy and inflation was inevitable. Just bad timing for both Presidents.
@@steveb796 are you including Covid data during the Trump term then obviously the data will be skewed. Unemployment continued to decrease under Trump that began under Obama. Wages continued to increase under Trump post Obama term. I am by no means a Trump fan and he has lied a lot about his economy being the best. But let’s not mess with facts either that under Trump, economy was not bad just the way it was not bad under Obama nor Biden (minus the inflation).
Crazy that this is all these republicans care about coddling the wealthiest who already have life served on a silver platter. Just unreal how poor people love this. Boggles my mind.
elon created Telsa out of nothing. He created space X out of nothing. Vivek is a first generation immigrant that started with nothing. Tariffs protect the middle class Getting rid of slave labor increases low income wages Tax cuts puts money in peoples pocket...their money you mind is too small to be boggled. Go back to "men need to use little girls bathrooms" party.
Getting the economy back on tract???? What plant does she live on??? The economy is great and the stock market is at all all-time high. Thank you Joe Biden!
Like who indoctrinated people to believe that tax cut benefit th rich and not every American? People should stop being jealous about the success of their neighbors but focus on how economic policies benefits their household Stop whining about th rich getting richer, focus should be on your household finance's.
Kudos Joe for calling this guy out!!! Can tell you without any doubt that there are 5 Republicans & 3 Networks with unwavering support hoping and praying that Trump will succeed. Paul Ryan, Lindsey Graham, Dan Crenshaw, Liz Cheney and Adam Kinzinger 😂🤣🤣🤣 and the networks are CNN, NBC & ABC!!!!
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
No one tried harder to take Trump down than Paul Ryan.
Unify my ass!
I thought that was a good tactic to call him out for it
Paul Ryan a disgrace
GET EM!!!
This guy is a RINO, or maybe even a plain Dem.
And with the market at highs last year, how is the economy hurting? Just a lot of noise for the top 5%.
Because the parking isn't reflection most times in terms of the economy. Just like when things were low during covid, businesses were still making money and you could even make more money in the stock market or an investment as well. One does not always correlate to the other
Good businesses will make money no matter the economy most often than not
How is the economy off track? Tax cuts that dont cover the revenue deficit doesn't make America stronger. It makes the rich richer.
Can you people quit whining for just a little while? The election just happened. Move on.
How about too much taxes all business left to another country? No more people to tax?
How about stop the spending wasteful madness?
That is always Republican's #1 priority. Tax cuts for the rich without cutting spending. Republicans administrations have actually contubuted slightly more to the national debt than Democrats post WW2, its close but its like 55-45% and Trump added more than Biden by lowering corporate taxes from 35-21% in years of record profits. Tax cuts without spending cuts are just as inflationary as spending increases without tax increases. The only way the government can spend $1 is by taxing its citizens and if not collected directly those taxes are still collected in the form of inflation/weakening of the purchasing power of the USD. There is a direct correlation between the national debt and the weakening purchasing power of our currency.
@@humanbeing5300 the top 5% paid 75% taxes already. What else do you want to tax them?
@@x-men69-96 obviously. They make much more. Poor people have no money to pay taxes. They can barely survive with no taxes
Not one word about reducing the deficit. Definitely not fiscal conservatives.
He is just a toady for the rich. He has no respect for Americans.
They never were
Ryan is. But he knows there aren’t votes for it. He literally talked about entitlement reform which would reduce deficits
This guy sold out his party.
He was Romney's runningmate, what else would we expect. He didn't even let Trump build the wall and he jumped ship and lead Trump into a rough waters in 2018.
Paul Ryan telling Republicans to unite that’s rich
Ryan endorsed Trump 8 years ago, Mr. Rich. Where you been?
@@daveyboygeeIn the present,stop living in the past you old fuddy🫵🥴
Paul Rinooooooo
Let's juice the economy with trillions in debt fueled tax cuts when inflation is at 2.9 percent and mortgage rates at 7 percent. Nobody really needs more tax cuts now.
Tax cuts for the rich and tariffs for the poor. Happy New Year.
Leave entitlements alone. Every cent of that money goes back into the economy. Start thinking about taxing the billionaires where they hide their money and don’t support this country.
Not exactly, some retirees leave the US, and medicare has to pay into a healthcare system plagued with middle men and prescription benefit "managers"... that money stays in the US, but it gets transferred to the wrong people.
Tax billionaires with trump and the new congress? No chance!
@@Joe-ij6of Oh whatever... nice deflection with the "some retirees" leave the US....not enough to even make your comment worth while....
We are trillions in debt because of the entitlement programs which are 2/3 of the budget. They need to be greatly reformed or you can be the one to tell seniors and the disabled and the ultra poor that your short term thinking is responsible for their 30% benefit cut when the respective programs reach insolvency early next decade
@@Grantthecatholic The entitlement programs and their respective funds aren't in debt... THEY OWN THE DEBT. Not all of it, of course, but a good chunk of it. Yes, it's true that their cummulative spending will surpass their cummulative receipts within around a decade. But to say they're in debt is completely false.
Joe is such a loser. This is the problem with politics. Politics is no longer about the country. Its all about the party. And that is why we are so divided as a country. I'm suppose to hate you if ur on the other side...smh
Well, when one side want people to have jobs and safety..
And the other side wants grown men to be able to shower with little girls, you have your ans.
Joe is the most logical on this show and the one person who will take down his filter to saw what most people really feel…
😂😂😂😂😂 RINO Ryan got called out.
When the immigrants are removed are these guys going to have their grandkids rebuild LA, wait tables, and pick fruit in the Central Valley in 115 degree weather?
They say there are millions of American men 25-55 that have checked out of the workforce one way or another.
I can’t wait to see them doing roofs and laying concrete next week.
So you see immigrants as slaves to do the petty jobs of your society.... ???
they will be too busy working on the assembly lines in the factories....
Trump won. I want him to succeed. Calling Ryan a Democrat is the most hurtful insult Ryan has heard lol.😂😂
Remember when Paul Ryan proposed privatizing SS/Medicare and handing to Wallstreet/private industry?
Paul Ryan is the definition of a RINO
He's a Republican. Different from MAGA.
For Gods sake CNBC needs to retire Joe. We are completely tired of this old man and his push BS. Lose him or lose us. Many,many of us are ready for Joe to go or we stop watching.
Truth hurts?
MAGA is the majority, and the View needs more vierwers.
Ryan has a new tune!
😂 This guy! Still calling himself a republican?! Let’s call him what he is … RINO!
At best
Ya, the guy who did everything he could to screw Trump's agenda is the guy Trump we should trust. Joe Kernan hit the nail right on the head with his questions.
Nice to see Ryan being called out on his TDS.
Great for rich folks
How we paying for another 8 trillion added to the debt?
Maga is united without you Paul Ryan.
GET EM!!
Go away Ryan backstabbing rino
MAGA Joe at it again!
He should just head on over to Faux news at this point...he is not a journalist in any respect and his anchorman skills are lousy.
Sure boss! Add another 10 trillion to the credit card, no problem.
They are such hypocrites
Joe is the worst anchor on TV
The thing I can't square is how the GOP is all in for getting the debt under control, at least in theory, and then having huge tax cutes for the billionaires while letting the debt ceiling go higher and higher (and asking for an end to it) and just not showing any concern about the ballooning government bonds yields.
They desperately want to cut social security and medicare so we all have to work until we die and die when we get sick
Joe is a big ass
He's the only reason to watch the show.
Why is this Kernan guy on the show? Turns every business discussion into a Trump loyalty argument.
Would you prefer if CNBC had 100% liberal anchors vs. the 99% they have now?
I still think Paul Ryan should go back to politics.
Now Paul has come back to supporting Trump.
Don’t believe him
Paul Ryan & Michael Steele are still larping as right-wing for cash lol.
He’s a millionaire he doesn’t need that but he is a rino/democrat so he would be a good fit.
I'm up 46% with Fidelity in the last two years.
The economy is cooking just fine. Take the baton and don't mess it up
I don’t understand the part about “fixing the economy” it’s running pretty good, don’t screw it up
Republican have always known that Ryan is a RINO, he doesn't like Trump and that's ok because we American First Republicans have been done with Ryan for a while now, We hope he just rides off into the sunset, never to be heard from again
Screw the workers, making the Rich Richer.
Paul Ryan might be a Democrat now, but his wife’s boyfriends all voted for Trump.
Joe is the most petty small man ever.
He’s an old fool. He needs to go.
Imagine a world where republicans are americans too ...
Good for the corporations, screw the middle class
Can’t stand Ryan.
"he's a big boy andrew, he doesnt need any help." hahahahhaha. excellent.
The stock market is at record highs after two back to back years of 20 plus percent gains. We're at full employment with positive job growth every month the last four years. Inflation is 2.9 percent with 3 percent GDP. Why do we need tax cuts? At the very least the tax cuts on higher income need to expire and pay down deficit.
Yes, tax cuts just cause inflation
Joe, good job calling out Mitt Romney... I meant Paul Ryan
"He doesn't need help Andrew" god d*mn bruh😂😂😂😂
Joe is hilarious 😂😂😂😂
Rhino gets called to the carpet LMAO!! Commies & Fabian's & Socialist oh my!! LMAOOO
With my next tax cut Im buying a third yacht a small yacht.Thank you King trump for allowing me to keep my money and not feeding the lazy poor.
Trump is a fascist a vote for Trump is a vote for fascism.
This believe is why your candidate lost
@@b.elijahakinola8819*belief
The Ryan tax cuts. The Congressional Budget Office (CBO) estimated in 2018 that the 2017 law would cost $1.9 trillion over ten years. Together with the 2001 and 2003 tax cuts enacted under President Bush (most of which were made permanent in 2012), the law has severely eroded our country’s revenue base. Revenue as a share of GDP has fallen from about 19.5 percent in the years immediately preceding the Bush tax cuts to just 16.3 percent in the years immediately following the Trump tax cuts. Trump administration officials claimed their centerpiece corporate tax rate cut would “very conservatively” lead to a $4,000 boost in household income. Research shows that workers who earned less than $114,000 on average in 2016 saw “no change in earnings” from the corporate tax rate cut, while top executive salaries increased sharply. And we should do this again?
Trump tax cut results.
"The corporate tax cuts came nowhere close to paying for themselves, as conservatives insisted they would. Instead, they are adding more than $100 billion a year to America’s $34 trillion-and-growing national debt, according to the quartet of researchers from Princeton University, the University of Chicago, Harvard University and the Treasury Department.
The researchers found the cuts delivered wage gains that we..."
Trump’s Tax Cut Fueled Investment but Did Not Pay for Itself, Study Finds
NY Times
This guy got in Trumps way the first time around. Long live Maga!
He wasn't in office, trumpsters never get anything right
Ryan is the reason wall funding failed.
Prepare to be trickled on.
He is supporting all the CEOs and none of the workers…tax cuts will lead to higher interest rates
Biden fixed trumps terrible economy.
The economy was not bad under Trump. The economy was not bad under Biden either. But, due to COVID, any President would have printed money to save the economy and inflation was inevitable. Just bad timing for both Presidents.
@
Real GDP growth
Adjusted for inflation. Cumulative.
Obama 8 years 18.4%
Trump 4 years 7.6%
Biden 3.75 years 12.7%
@ Real GDP growth
Adjusted for inflation. Cumulative.
Obama 8 years 18.4%
Trump 4 years 7.6%
Biden 3.75 years 12.7%
@@steveb796 are you including Covid data during the Trump term then obviously the data will be skewed.
Unemployment continued to decrease under Trump that began under Obama.
Wages continued to increase under Trump post Obama term.
I am by no means a Trump fan and he has lied a lot about his economy being the best. But let’s not mess with facts either that under Trump, economy was not bad just the way it was not bad under Obama nor Biden (minus the inflation).
The growth under Trump was the largest in 15 years prior to Covid.
I don’t think Joe understands who he is talking down to 😳
Tax reform is ok, as long as the corporations have to trickle it down but that is missing here...learn from other countries folks
Bidenomics people are melting in this chat.😂😂😂😂
No, laughing and skewering the awful at economics Trump team. The Trump Recession is coming.
Paul Ryan should run for the office in 2029
Crazy that this is all these republicans care about coddling the wealthiest who already have life served on a silver platter. Just unreal how poor people love this. Boggles my mind.
elon created Telsa out of nothing. He created space X out of nothing.
Vivek is a first generation immigrant that started with nothing.
Tariffs protect the middle class
Getting rid of slave labor increases low income wages
Tax cuts puts money in peoples pocket...their money
you mind is too small to be boggled.
Go back to "men need to use little girls bathrooms" party.
Paul Ryan was The Guy who had serious policy chops and managed to get real things done in a factious House.
like what?
He BLOCKED the trump wall spending and passed Nancy Pelosi's spending bill in 2017
Trump will be handed a strong economy. I hope he doesn't screw it up.
he's being handed a giant BUBBLE
Thanks to massive debt expansion and Trump’s tax cuts.
@@jpartin3471one that he started with $7.9 trillion deficit in his 1st term.
Lol. Yet people voted for him largely because of bad economy. You're living in an utopian island
😂😂😂😂😂
you just finished lying about inflation commodities up 30% so do you believe ryan.
Love Paul Ryan. One of the few [former] politicians with a backbone
He and all his crew, left and right, spent more than they made and let everything go abroad.
🤣
Joe calls Ryan out. Never let the flip floppers just say their politics. Few follow Ryan’s mess.
MAGA
What are the chances congress looks at entitlements?.. lol zero
Ryan has been wrong on everything Trump. Ryan is a joke.
Please never have Mr. Ryan, as a guest again, he completely failed Trump in every way during the last term. He isn't welcome at all
Ryan== 🦏
Trumpsters have a real problem with accountability
Trump was a failure in self.
Real GDP growth
Adjusted for inflation. Cumulative.
Obama 8 years 18.4%
Trump 4 years 7.6%
Biden 3.75 years 12.7%
Source: fred.stlouisfed GDPC1
Getting the economy back on tract???? What plant does she live on??? The economy is great and the stock market is at all all-time high. Thank you Joe Biden!
Y'all are calling him petty, but Joe really does go after some of these guys. He doesn't just agree with everyone. I really appreciate it.
This guy master of bs
Unify behind a tyrant?
Unify around an idea "American First." After Trump is gone, that will be the continuous vision of Post Trump era republican party
Ryan is Eddie Munster
Like who indoctrinated people to believe that tax cut benefit th rich and not every American?
People should stop being jealous about the success of their neighbors but focus on how economic policies benefits their household
Stop whining about th rich getting richer, focus should be on your household finance's.
Blah, blah, blah. I hear 4 years of chaos.
Ryan will run for President eventually he be better than Trump
Paul Ryan is back, baby! Let's GO! 🎉
Said he would note vote for DJT, RINO
Always rely on Joe K for good sense.
Trump swallowers have zero credibility
sure don't have a free market limited govt. so you failed and please leave
Eddie munster, speaks again 😂😅🤡🤡🤡🤡🤡🤡🤡🤡🤡
joe peaked in 10th grade...
XAIR?
do gooder those are the ones you have to watch
Ooooooo cant wait for my boses boses boses bose to get a nice tax cut:) 4 yacht just dosn't seem like enough😊
Este men es malo 😂😂😂
Kudos Joe for calling this guy out!!! Can tell you without any doubt that there are 5 Republicans & 3 Networks with unwavering support hoping and praying that Trump will succeed. Paul Ryan, Lindsey Graham, Dan Crenshaw, Liz Cheney and Adam Kinzinger 😂🤣🤣🤣 and the networks are CNN, NBC & ABC!!!!
Trump is going to crash us into a depression.
doge that will work
Says the biggest RINO in history
Eff Paul Ryan! He is a big part of the huge govt debt.
He is the #1 person to blame for the debt
Tariffs are effective at bringing industry back to America which pays off in the long run
Paul Ryan belongs in prison🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸