Republican Party is for the rich and the racist!
The Republican Party is for the rich but they will glad you rule over you and keep you poor if you let them.
[U]Mississippi[/U] has the highest poverty rate at 18.0%, followed by [U]Louisiana[/U] at 18.9% and [U]New Mexico[/U] at 17.8% based on 2023 Census data.
The correlation between state wealth and political control is distinct:
[B]Republican-Controlled States[/B]: The majority of the poorest states are governed by Republicans. [U]Louisiana, Mississippi, West Virginia, Kentucky, Oklahoma, Arkansas, Alabama, Tennessee, and South Carolina[/U] all have [B]Republican[/B] governors and legislatures (or supermajorities). Kentucky is unique with a Democratic governor but Republican legislative control.
The Democratic Outlier: New Mexico is the only state with complete Democratic control that ranks among the poorest, currently holding the fourth-highest poverty rate.
Wealth Correlation: Conversely, eight of the ten wealthiest states by median household income have Democratic governors.
Critics argue that [BE]Republican[/BE] policies, such as lower taxes and "Right to Work" laws, contribute to lower public investment in education and infrastructure, perpetuating poverty. Conversely, analysts note that historical factors, such as the economic legacy of the post-Civil War South, also play a significant role in the persistent economic disparities in these regions.
People who are too poor to buy shoes cannot vote with their feet and leave the states where Republicans want to keep them poor and working on the corporate government plantations that make them rich.
I was asked who in the Republican Party was racist. I provided a list that was not allowed to be published. So I present the following as all the proof I need to show me that the [B]Republican[/B] party is racist at it's core:
[QUOTE]In the weeks since Callais was decided, the decision has already spurred a flurry of mid-decade partisan gerrymandering in key states such as Louisiana, Alabama, Tennessee, and South Carolina, to advance Republican control of the House of Representatives after the 2026 elections. The Louisiana governor went so far as to cancel an active primary election and discard 45,000 already-cast ballots to redraw congressional maps. 6 We can expect that more congressional gerrymandering will occur in advance of the 2028 elections and that federal, state, and local bodies of government will come into play as post-census redistricting begins after 2030.
[URL]https://www.demos.org/policy-briefs/voting-rights-and-representation-aftermath-louisiana-v-callais[/URL][/QUOTE]Republicans want to count those who look like me as 3/5 of a person again and take away our right to vote!
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Oh, I know what the topic is.
[QUOTE=Tiny12;3072442][b]The topic is the effect of tariffs on GDP growth. It's not how too much stimulus spending during COVID and afterwards juiced GDP, and added to the national debt.[/b]
We both agree that the tariffs affected GDP growth negatively. Tax increases (including new tariffs), like cuts in government spending, should cause GDP to be less than it would be otherwise, all else being equal.
Apparently you disagree that GDP has been"chugging along" despite the tariffs.
Please see.
Real Gross Domestic Product (GDPC1).
FRED.
St. Louis Fed.
Please note that real GDP in 2017 dollars was 24.18 trillion dollars in Q1 2026 and 23.55 trillion dollars in Q1 2025.
Also please note that while a piddly tariff on iron and steel took effect in March, 2025, most of the Trump tariffs kicked in starting in April, in the 2nd quarter of 2025. A reasonable baseline for the pre-tariff economy is Q1 2025. Over the succeeding year, to Q1 2026, the GDP growth rate was 24.18/23.55 1 = [B]2.7%[/B]. You don't need to make seasonal adjustments because you're comparing like quarters. Ask your AI agent, "What was the year-on-year GDP Growth Rate for the United States in Q1 2026" and this is what you'll get unless the ***** is lying to you.[/QUOTE]That is exactly what Trump claimed his Trump Tariffs would do after inheriting a "dead" country from Biden, who so far has shown to have produced much, much better results on all counts in his 4 years than Trump did in his 5 1/2 years.
The A. I. Overview:
[QUOTE][b]Trump promised higher gdp growth due to his tariffs [/b]
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President Donald Trump promised that his broad "reciprocal" tariffs would trigger [b]an economic boom, reshore manufacturing jobs, and lower domestic prices.[/b] However, independent data and economic research show that his trade policies have [b]largely failed to deliver these promised benefits.[/b]
Key impacts of the tariffs include:GDP and Economic Output: Academic research by institutions like the Brookings Institution indicates that the tariffs had a minimal impact on overall U.S. economic output, adding or subtracting merely fractions of a percentage point from the national GDP.
Manufacturing and Jobs: Despite promises that factories would "come roaring back," U.S. manufacturing employment has declined since the tariffs were implemented. The administration has faced pushback from lawmakers over the negative impacts on blue-collar workers.I
nflation and Cost of Living: Rather than lowering consumer prices, the tariffs have functioned essentially as an import tax. Economists, including those from Harvard Business School, note that these costs are primarily passed on to U.S. consumers, driving up inflation by roughly three-quarters of a percentage point.
Revenue: The Congressional Budget Office and financial reports from outlets like the Wall Street Journal confirm that while the tariffs have significantly boosted federal revenue, they have not successfully replaced broader income taxes or sparked widespread, transformative economic growth.
A year on: Four ways Trump's tariffs have changed the global economy - BBCApr 2, 2569 BE 2 April 2026. Natalie ShermanBusiness reporter. EPA-EFE/Rex/Shutterstock. When US President Donald Trump launched his trade war last April, he promised a new er...BBCTrump touts 'high economic growth.' The numbers are mixed. - NBC NewsJan 21, 2569 BE Barring three recession years, 2025 was the slowest 12 months for U.S. job creation since 2003. Trump promised in the spring that his protectionist economic pol...NBC News8:21'Trump's promise that foreign companies would pay. . .turned out to be false'YouTubeCNNPresident Trump promised, again and again, that he would lower ...Jun 30, 2569 BE Starting on Day 1, we'll drive down prices and make America affordable again. - Trump Trump promised to slash healthcare costs Day 1. Instead, premiums are ...FacebookSenator Dick DurbinThe Tariff Effect: Billions in Revenue but No Economic EarthquakeAug 6, 2568 BE Quick Summary * Trump's tariffs, intended to reshape the economy, have so far only caused minor disruptions, with inflation ticking up slightly. * Tariff revenu...WSJSens. Warren, Kelly press Trump administration on effects of tariffs on manufacturingJun 23, 2569 BE Sens. Elizabeth Warren, D-Mass., and Mark Kelly, D-Ariz., sent a letter, shared exclusively with CNBC, to three Trump administration Cabinet officials dinging t...CNBCTrump says tariffs led to economic growth. The facts tell another story - AP NewsFeb 6, 2569 BE Alberto Cavallo, an economist at Harvard and the author of a study on the impact of tariffs cited by Trump in his op-ed, has found that Trump's tariffs have boo...AP NewsTrump's tariffs had little impact on GDP in 2025, but raised revenue ... - ReutersMar 25, 2569 BE Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds. By David Lawder. March 25, 20266:05 PM PDTUpdated March 25, 2026. Sh...ReutersChaos, fear and disappointment: Trumps tariffs turn one year oldApr 2, 2569 BE Although the tariff increase was larger than the Smoot-Hawley Tariffs of 1930, which many economists blame for deepening the Great Depression, the overall impa...EL PAS EnglishAre the tariffs working? - POLITICOMar 30, 2569 BE A Brookings Institution paper on the short-term impacts of tariffs concluded that the tariffs only had a small effect on the overall economy, with authors Pablo...PoliticoEconomic coercion, eroding trust, and the future of multilateral trade | What we are readingJan 27, 2569 BE The Washington Post reports that US ( the United States ) tariffs have failed to deliver the manufacturing boom Trump ( President Donald Trump ) promised. The W...Hinrich FoundationIn his State of the Union address, President Trump said the economy is soaring. But more than half of Americans don't agree, according to a CBS News poll. CBS News business analyst Jill Schlesinger breaks down President Trump's claims from Tuesday night, from the stock market to tariffs. https://cbsn.ws/4ceW8aaFeb 25, 2569 BE I love them. Yes. Look at that and Trump also claimed that tariffs could replace income tax. No. Absolutely not. There there's no way. We're talking about the g...Facebook[/QUOTE]Maybe if you hold Canada's hand while you assure him that A. I. And I "made up this stuff just to make Trump look bad" he'll be able to get over the trauma of it sooner.
Damn it Tooms, you need to get your head out of the sand or we'll lose this argument.
[QUOTE=EihTooms;3072478]That is exactly what Trump claimed his Trump Tariffs would do after inheriting a "dead" country from Biden, who so far has shown to have produced much, much better results on all counts in his 4 years than Trump did in his 5 1/2 years.
The A. I. Overview:
Maybe if you hold Canada's hand while you assure him that A. I. And I "made up this stuff just to make Trump look bad" he'll be able to get over the trauma of it sooner.[/QUOTE]It's like we're playing full court two on two with Elvis and Canada and you're down by their goal scoring points for them.
It looks like the AI and the Brookings Institution, the premier Democratic Party think tank, are on their side. From your post.
"Academic research by institutions like the Brookings Institution indicates that the tariffs had a minimal impact on overall USA economic output, adding or subtracting merely fractions of a percentage point from the national GDP. ".
"Albert Cavallo, an economist at Harvard and the author of a study on the impact of tariffshas found that Trump's tariffs had little impact on GDP in 2025, but raised revenue. ".
Then there's something about the tariff increase being larger than the Smoot-Hawley Tariffs of 1930, but the impact apparently wasn't significant, the quote is cut off.
So the 2025 tariffs were on track to raise $250 to $300 billion a year in federal revenue but according to AI and the Brookings Institution possibly were [B]adding[/B] to GDP? That's like having your cake and eating it too. Taxes are supposed to subtract from GDP, especially tariffs. Consumers should buy less because prices are higher, and that should hurt GDP.
I don't believe the AI and Brookings on this any more than I believe Modern Monetary Theory.
Instead of the short term effect on GDP you need to highlight inflation. Trump's making the same mistake as Biden and the Democrats did in 2021 and 2022. The tariffs and the second Iran War bumped up inflation. And worse yet, there are hints that real wages are stagnating. This is going to hurt Republicans in elections this year, just like it hurt Democrats in 2024.
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Thanks again, Joe, Kamala and the Dems in Congress
Since the typically pro Repub Mainstream Media simply cannot formulate the words, "Kudos to President Biden's CHIPS and Science Act for at least making it look like Trump "economy" isn't a total flop on all fronts again" or anything like it and Trump and his MAGAs damn sure never will, allow me:
[QUOTE][b]Is the CHIPS and Science Act driving the market on chips industry?[/b]
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Yes, the CHIPS and Science Act is a major driving force in the semiconductor market, acting as the premier U.S. industrial policy to revitalize domestic manufacturing and research. It has successfully spurred hundreds of billions of dollars in private investments and reshaping regional industry supply chains.
The market is being driven in three specific ways:
Massive Private Investment: The promise of $39 billion in manufacturing incentives and a 25% tax credit has triggered nearly $400 billion in private industry investments in U.S.-based semiconductor facilities.
Research and Workforce Development: The act allocates $13 billion for advanced research and development (R&D) and workforce training programs, aiming to secure long-term U.S. competitiveness in cutting-edge computing and AI technologies.
Supply Chain Localization: Driven by national security priorities and geopolitical concerns, the act is localizing supply chains, prompting major industry players to build mega-fabs in states like Arizona and New York.
If you'd like, let me know if you want to explore:Specific companies and suppliers receiving CHIPS Act fundingState-by-state economic impacts and new mega-fab locationsHow the act compares to global semiconductor initiativesI can provide more detailed information tailored to those specific areas.The CHIPS Act: How U.S. Microchip Factories Could Reshape the EconomyOct 8, 2567 BE In 2022, President Joe Biden signed into law the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act. The legislation directs hundreds...Council on Foreign RelationsDoes the CHIPS and Science Act Argue for Industrial Policy?Aug 25, 2568 BE Key Points * Industrial policy's costs are knownwaste, corruption, and distorted markets. A new set of potential gains has emerged in the form of reduced vulne...Center for Technology, Science, and EnergyInnovation Lightbulb: Tracking CHIPS Act Incentives - CSISApr 25, 2568 BE In August 2022, Congress passed the bipartisan CHIPS and Science Act (CHIPS Act) to revitalize U.S. semiconductor research and manufacturing and drive innovatio...CSIS | Center for Strategic and International StudiesWhich market will dominate the semiconductor industry in ... - LSE BlogsMay 29, 2569 BE America's share of global chip manufacturing fell from approximately 37 per cent in the early 1990s to around 12 per cent today, even as American firms retain c...The London School of Economics and Political ScienceWhy Micron Is Betting Big on New York Chips - WSJJun 30, 2569 BE Gov. Kathy Hochul and the Legislature reinforced those advantages through the 2022 NY Green Chips Act, which led to up to $5.8 billion in incentives for the Mic...WSJThe Politics of Semiconductors in 2025Jan 24, 2568 BE Driving Localization Through Incentives Governments are focused on initiatives to localize semiconductor production. The US CHIPS Act, European semiconductor fu...PublitekCHIPS and Science Act - WikipediaThe law constitutes an industrial policy initiative which takes place against the background of a perceived AI Cold War between the US and China, as artificial ...Wikipedia[/QUOTE][B]Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in Q2[/B]
[URL]https://www.cnbc.com/2026/06/30/ai-chip-rally-in-q2-adds-2-trillion-in-value-to-micron-intel-amd-.html?__source=androidappshare[/URL]
[B]Dow jumps 100 points to close out best first half in 5 years; Nasdaq posts best quarter since 2020[/B]
[URL]https://www.cnbc.com/2026/06/29/stock-market-today-live-updates.html?__source=androidappshare[/URL]
[QUOTE]The moves higher were supported by a rise in chip stocks. Shares of Nvidia gained 2.6%, while Advanced Micro Devices added 7.7% and Intel advanced 6%. The VanEck Semiconductor ETF (SMH) climbed more than 3%, putting its year-to-date gain at 82%.
Tuesday marked the final day of the first half and the second quarter.
[B]The Dow gained 8.9% in the first six months of the year, posting its best first-half performance since 2021, when it jumped 12.7%. The S&P 500 climbed 9.6% in the first half, while the Nasdaq outperformed with a more than 12% advance. Additionally, the Russell 2000 gained almost 22% for its best first half since the first six months of 1991.[/b][/QUOTE]Since it becomes abundantly clear by the day that this kind of positive result for America never, never would have happened without them, I'm sure the USA Stock Market-watchers and USA GDP Growth-watchers here and elsewhere will happily and gratefully join me in a very heartfelt "Thanks, Joe, Kamala and the Dems in Congress who made this happen"!