Troy Ray

Accountant, author of "I Can Rebuild America" book series, motorcycle mechanic

[Troy Ray @RepTroyRay]

It is so sad that some of our elected members of Congress like @SenWarren and @AOC are promoting the idea of a "wealth tax" which is a direct violation of the US Constitution. They should spend less time on social media and more time understanding the Constitution. #DNCMeltdown

[Troy Ray @RepTroyRay]

The 16th Amendment to the U.S. Constitution CLEARLY STATES that Congress can ONLY levy taxes on income. It DOES NOT say that extreme left-wing Democrats can levy a "wealth tax" on the assets of millionaires. A "wealth tax" violates the Constitution and is ILLEGAL. #DNCMeltdown

[Troy Ray @RepTroyRay]

Since 1980, the only Democrats to win both the New Hampshire primary and the White House (in the same year) were the re-elections of Clinton in 1996 and Obama in 2012. Otherwise, the NH primary is a poison pill for Democrat candidates. NEW HAMPSHIRE IS IRRELEVANT! #DNCMeltdown

[Troy Ray @RepTroyRay]

Which Fake News idiot decided that New Hampshire is an important indicator of someone's electability as President of the United States? Are they important just because they are first? They certainly do not account for a large percentage of electoral college votes. #DNCMeltdown

[Troy Ray @RepTroyRay]

It's amusing to watch the Fake News idiots try to blame @HowardSchultz for Trump's re-election, even though we're a year away from the first primary and only a handful of folks have declared as Democrat candidates. They blame anyone but themselves & their policies! #DNCMeltdown

[Troy Ray @RepTroyRay]

With most Democrat candidates endorsing the extreme left (i.e. socialist) agenda for 2020, if a moderate like Joe Biden ends up winning the nomination, Democrats will suffer another loss to Trump because activist voters will stay home rather than support a centrist. #DNCMeltdown

[Troy Ray @RepTroyRay]

I don't know why folks are getting all worked up over Trump's declaration of a national emergency to build a few hundred miles of barrier. Obama declared a national emergency over the so-called swine flu epidemic, and how many citizens ACTUALLY DIED from swine flu? #DNCMeltdown

[Troy Ray @RepTroyRay]

(1/18) Somebody needs to tell @AliVelshi to STOP PROMOTING the false narrative of Modern Monetary Theory just because it sounds good to Democrats who do not support the concept of fiscal responsibility. I will agree that not all budget deficits are bad, especially when we're...

[Troy Ray @RepTroyRay]

(2/18) ...trying to stimulate the economy, or achieve our larger goals such as rebuilding our infrastructure. The Republicans added TRILLIONS to our national debt by passing the 2017 tax cut because their WEALTHY DONORS required some quid-pro-quo for their deep investments in...

[Troy Ray @RepTroyRay]

(3/18) ...Republican candidate's campaigns, not because of a material shift in conservative economic policy. We cannot reasonably justify a policy of massive deficit spending just because both political parties don't have the courage to take responsibility for our national debt.

[Troy Ray @RepTroyRay]

(4/18) Have you forgotten about Greece's problem related to national debt? The only reason Greece's government didn't totally collapse is because they were part of the EU which provided a crutch for their mismanaged government to remain operational. Some nations ignore their...

[Troy Ray @RepTroyRay]

(5/18) ...debt ratio, like Venezuela, and continue to print money haphazardly. The United States dollar is the global standard of currencies because we NEVER disregard the concept of fiscal responsibility. We SHOULD NOT print unlimited amounts of money simply because we want...

[Troy Ray @RepTroyRay]

(6/18) ...to fund every program idea that gets a politician elected to office. We limit our national debt because we're wise enough to know that debt should only be used sparingly, or during a period of need. Additionally, the concept that inflation can be controlled through...

[Troy Ray @RepTroyRay]

(7/18) ...higher taxes is the EXACT OPPOSITE ACTION of stimulating the economy through deficit government spending. If our poor and middle class citizens have LESS money to spend, this triggers a REDUCTION in economic growth. For example, higher prices (i.e. inflation) often...

[Troy Ray @RepTroyRay]

(8/18) ...results from higher tariffs on imported goods, something our current President proudly BRAGS about. Tariffs are a TAX ON CONSUMPTION because tariffs are always passed onto the consumer as HIGHER PRICES. How can you justify that HIGHER TAXES will limit the growth of...

[Troy Ray @RepTroyRay]

(9/18) ...inflation when a "tariff tax" triggers a GROWTH of inflation. We also need to understand that sometimes inflation is a GOOD thing, raising prices allows manufacturers to give their employees pay raises and update their aging equipment. We haven't had much inflation...

[Troy Ray @RepTroyRay]

(10/18) ...because our economy isn't running at max capacity, a result of UNEMPLOYMENT and UNDEREMPLOYMENT. The unemployment statistics reported by the government only indicate the number of people receiving benefits, not the actual number of people who aren't contributing to...

[Troy Ray @RepTroyRay]

(11/18) ...the economy. Unemployment and under-employment are the reason why our near-zero interest rates haven't triggered inflation, thereby PROVING THE FACT THAT MONETARY POLICY IS NEVER THE PRIMARY CONTROL ELEMENT of inflation, or our economic growth. Our near-zero rates...

[Troy Ray @RepTroyRay]

(12/18) ...are the main reason why we've been able to support deficit spending, but global interest rates will not continue this trend forever. Many nations have matched our low rates to fund their own deficit spending, however, as interest rates return to levels that reflect...

[Troy Ray @RepTroyRay]

(13/18) ...the time value of money, the amount our government will spend making interest payments on our CURRENT debt level will skyrocket. It would be DEVASTATING to our economy to accept the false narrative of MMT while interest rates are trending upward, not lower. You've...