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mat-ty
Joined: 07 Jul 2007
Posts: 7850
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 Posted: Wed Nov 16, 2016 8:12 pm Post subject: |
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| mac wrote: | | Not just Trump. Those on the forum who have moaned about the deficit will cheer as Trump and the Republicans lower taxes and cost the Federal balance sheet $3 trillion. Nearly all of the benefits will go to those in the top 0.1%--yes, the richest of the rich. Draining the swamp? Stealing the money. |
You mean the job creators? |
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mac
Joined: 07 Mar 1999
Posts: 17747
Location: Berkeley, California
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| Posted: Wed Nov 16, 2016 11:27 pm Post subject: |
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| It was so stupid you had to say it twice? |
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swchandler
Joined: 08 Nov 1993
Posts: 10588
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| Posted: Thu Nov 17, 2016 1:16 pm Post subject: |
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| Believe me, trickle down economics will work because Donald Trump says it will. He knows that huge tax cuts for millionaires and billionaires will make America great again. This time everything will be different, much different, right? |
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mat-ty
Joined: 07 Jul 2007
Posts: 7850
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| Posted: Thu Nov 17, 2016 2:16 pm Post subject: |
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| swchandler wrote: | | Believe me, trickle down economics will work because Donald Trump says it will. He knows that huge tax cuts for millionaires and billionaires will make America great again. This time everything will be different, much different, right? |
You're right SW we should just stick with the current plan, because it is working so well. Obama all ready broke the record for the lowest growth of any president, so why not keep the streak going. Motivating companies and individuals to grow and invest is stupid.
And I am sure all those rich liberals will refuse the tax break anyways, so there goes half the so called problem ....RIGHT???? |
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boggsman1
Joined: 24 Jun 2002
Posts: 9120
Location: at a computer
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| Posted: Thu Nov 17, 2016 2:42 pm Post subject: |
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| It is working well IF you have an education, and skills. Unemployment -4.9%, U-6 9.6%. Housing starts -highest in 9 years, dollar-14YR high today....Real estate, markets have done very well in past 8 years.... |
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mat-ty
Joined: 07 Jul 2007
Posts: 7850
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| Posted: Thu Nov 17, 2016 2:52 pm Post subject: |
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On a lighter note..
https://youtu.be/dkvmzJkHx6E
My boys are coming to Boston in January.. San Fran in Dec...Santa B also
These guys invented Cow-punk Go and you won't be disappointed , and they do some great dead covers from time to time |
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swchandler
Joined: 08 Nov 1993
Posts: 10588
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| Posted: Thu Nov 17, 2016 2:58 pm Post subject: |
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mat-ty, going back to a foolish idea that has never worked, not once, says what? The last big tax cuts that Bush gave to the rich accomplished what, a financial meltdown along with huge growth of our deficit and debt? One of the biggest mistake that President Obama made was making the Bush tax cuts permanent. As far as the slowest economic growth over the last 8 years, I don't know about you, but my investments have done quite well. I'm not even close to hurting, but maybe you are, and that's why you fell for Donald Trump's BS con game.
It's going to take some time to show that Trump has a losing program, but I'm sure that you will be on baited breath waiting for the riches and economic growth to mushroom out of foolish tax breaks to the wealthy. As our debt skyrockets, you'll have no one to blame but President Trump. |
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mat-ty
Joined: 07 Jul 2007
Posts: 7850
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| Posted: Thu Nov 17, 2016 3:18 pm Post subject: |
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| swchandler wrote: | mat-ty, going back to a foolish idea that has never worked, not once, says what? The last big tax cuts that Bush gave to the rich accomplished what, a financial meltdown along with huge growth of our deficit and debt? One of the biggest mistake that President Obama made was making the Bush tax cuts permanent. As far as the slowest economic growth over the last 8 years, I don't know about you, but my investments have done quite well. I'm not even close to hurting, but maybe you are, and that's why you fell for Donald Trump's BS con game.
It's going to take some time to show that Trump has a losing program, but I'm sure that you will be on baited breath waiting for the riches and economic growth to mushroom out of foolish tax breaks to the wealthy. As our debt skyrockets, you'll have no one to blame but President Trump. |
Do I sound like I'm hurting? just bought 4 new kites, heading to Jackson Hole in March, going to Florida kiting in February, and either buying a boat or dirt bikes this spring so I can have some fun with my boys. And I will be on Chapin beach on the Cape tomorrow morning around 7.30am , should be blowing 25mph solid.
And I have to many friends to count that make crazy money and voted for Trump. But keep thinking its the angry, uneducated white guys that voted for Trump. |
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boggsman1
Joined: 24 Jun 2002
Posts: 9120
Location: at a computer
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| Posted: Thu Nov 17, 2016 3:25 pm Post subject: |
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matty, thanks for proving with your post above that things are quite fine.....
Trump is inheriting an excellent hand. 15% of wealthy Boston suburbs, like Newton voted for Donald....15%... |
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mrgybe
Joined: 01 Jul 2008
Posts: 5180
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| Posted: Thu Nov 17, 2016 3:44 pm Post subject: |
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| boggsman1 wrote: | | matty, thanks for proving with your post above that things are quite fine.....Trump is inheriting an excellent hand. |
You are so out of touch. I'll put it down to shock from HRC's loss, which you probably still can't grasp. Warren Buffet has a more clear headed assessment. This from a couple of days ago.......
"It's softer than I think people think it is," Buffett said about the economy. "I don't mean it's weak, but it's softer than people think. The GDP, you know, comes out of the third quarter 2.9%. I don't think it was a 2.9% quarter," he added with a chuckle. "If I had to bet, if they end up revising the third quarter, you know, it'll get revised downward." Right on both counts.
Trump is not inheriting an excellent hand. I've said it a dozen times. The economy has been flat-lining for 7 years. Two significant reasons for lower employment numbers are a lower participation rate and large numbers settling for low income service jobs. Oh, and then there is that pesky 20 trillion debt. You need to lift your head from the charts occasionally to see what's really happening. |
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