Wharton says Trump is lying about tax cuts

[DesertRat]

Lawrence O'Donnell?
@Lawrence

WHARTON SAYS TRUMP IS LYING ABOUT TAX CUTS.
Trump: “I’m a really smart guy. ... I went to the Wharton School of Finance. ... It’s the best business school in the world, as far as I’m concerned.”

The Wharton School
@Wharton

A new dynamic analysis from the @Penn @Wharton Budget Model #PWBM shows Senate tax cuts lose over $1 trillion in revenue over the first decade, and do not pay for themselves in the short- or long-run. Here's the full report: http://budgetmodel.wharton.upenn.edu/issues/2017/12/8/the-senate-tax-cuts-and-jobs-act-as-passed-by-senate-12217-static-and-dynamic-effects-on-the-budget-and-the-economy

Link to tweet

Link to tweet

[Wounded Bear]

1. Full circle...he lied about Wharton...now he lies to Wharton...

[democratisphere]

2. At least he is consistent.

[Wounded Bear]

3. Consistantly an asshole...

[dchill]

4. Easy call, Lawrence. His lips were moving.

[Achilleaze]

5. republican* lies to Americans are dangerous

republicans lie about climate change, about taxes, and about treason. Massively dangerous lies that undermine the security and well being of the USA.

* especially the lies of Comrade Casino, republican Draft-Dodger-in-Chief

[smirkymonkey]

6. I would think Wharton would play down their connection with him, at least the graduate

B-school. He's bad publicity.

[DesertRat]

8. I think they do. They never mention him. nt

[jmowreader]

12. Trump only has a bachelors degree

The big business schools all push the MBA as The Degree To Have. Trump doesn’t have the discipline to get one.

[smirkymonkey]

13. I don't think he has the intelligence either.

I really think he knows very little about business. What he knows is how to con, lie, steal, cheat and bullshit. Those are the reasons he has had any success at all. None of it has to do with business savvy or intelligence.

[malaise]

7. That should leave a mark

or will he attack Wharton

Bwaaaaaaaaaaaaaaaaaaaaaah! This should have 500 recs

[superpatriotman]

9. Third rate b-school

Low energy.

Little Wharton.

[Gothmog]

10. I trust the Wharton School on this

[Wellstone ruled]

11. Here is the real kicker no one

talks about. If,which will not happen,the projected growth does not occur as projected,then the multiplier effect happens,and the will increase at a greater rate. One of Obama's Economic people forecast the real probability of a 8 trillion dollar deficit.

Once the Middle Class and working poor take effect,the loss of disposable income will cause major losses of jobs and we spiral into a depreciation.

In case folks forget,this Tax Bill is the same crap that was passed by the last Government Controlled by the GOP in 1929. Same crap,just a new crappy day.