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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
03-06-2019, 02:50 PM
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#1
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,453
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Trump’s Big Tax Cuts Did Little to Boost Economic Growth
His revisions to regulations did more, but all at a cost that history will reveal.
https://www.bloomberg.com/news/artic...conomic-growth |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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03-06-2019, 03:26 PM
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#2
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by Pete F.
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Do you subscribe to some sort of irrational, Trump-bashers feed?
Your declined to admit a correlation between corporate tax cuts and corporate investment.
(1) did it mention the investment undertaken by companies whose CEO's said clearly, that additional investment was directly because of the tax cuts? Comcast, which owns NBC and NBC and is therefore no Trump boot licker, announced massive investments and said it was because of the tax cuts. Bloomberg might not like that, that's there problem.
(2) How about increased consumer spending? Some consumer spending was triggered by tax cuts, and some corporate investments were undertaken because of consumer spending.
It's pretty hard to predict what the economy would have done, had things been different. Lots of moving pieces.
Last edited by Jim in CT; 03-06-2019 at 03:34 PM..
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03-06-2019, 03:56 PM
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#3
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,453
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Quote:
Originally Posted by Jim in CT
Do you subscribe to some sort of irrational, Trump-bashers feed?
Just look outside State News
Your declined to admit a correlation between corporate tax cuts and corporate investment.
(1) did it mention the investment undertaken by companies whose CEO's said clearly, that additional investment was directly because of the tax cuts? Comcast, which owns NBC and NBC and is therefore no Trump boot licker, announced massive investments and said it was because of the tax cuts. Bloomberg might not like that, that's there problem.
Anecdotal evidence doesn’t make it true market wide. Farmers and farm equipment and supply dealers did not increase investments.
(2) How about increased consumer spending? Some consumer spending was triggered by tax cuts, and some corporate investments were undertaken because of consumer spending.
Anecdotal evidence doesn’t make it market wide. It’s like saying global warming doesn’t exist because we had a cold snap.
It's pretty hard to predict what the economy would have done, had things been different. Lots of moving pieces.
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You’re right, it might have stopped it’s growth.
Perhaps what he did enabled it to continue the upward movement.
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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03-06-2019, 04:46 PM
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#4
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Registered User
Join Date: Feb 2009
Posts: 7,725
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Quote:
Originally Posted by Pete F.
You’re right, it might have stopped it’s growth.
Perhaps what he did enabled it to continue the upward movement.
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device
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But the current success does not have to be conjectured. Nor is it, at this point, merely an upward trend--it is well beyond that. And it was predicted by the geniuses who crafted the previous economic agenda that what is happening now was not possible. Given all that, why such a strenuous attempt to discredit what is happening and to show how bad, stupid, wrong and potentially destructive it is supposed to be? |
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