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Thread: I'm disappointed in the way we're winning

  1. #41
    A Young Go-Hard
    myDeaconmyhand's Avatar
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    Quote Originally Posted by WakeandBake View Post
    What progress on the fiscal front?
    ...
    Draxx them sklounst

  2. #42
    Scooter Banks
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    Brad, ladies and gentleman. A man who posts dumb shit and then gets his feelings hurt when people think he is a dumb shit.

    Dude, just call jh and ask him to post for you. Youíll look A LOT smarter.

  3. #43
    Quote Originally Posted by myDeaconmyhand View Post
    ...
    No amount of factual evidence will sway the Laffer trickle-down true believers. Itís a religion

  4. #44
    Oh, stop it people. Obama had very little influence over the growth of the GDP. Neither does Trump. Tax cuts have, perhaps, had some limited short-term impact, but it's likely not long lasting since most of the beneficiaries just bought back their own company stock to inflate their stock price. There has been very little additive fiscal policy in this country in the last decade. Monetary policy has driven the boat. It's the Central Bankers' world and we're just living in it.

  5. #45
    Quote Originally Posted by DeacInVermont View Post
    Oh, stop it people. Obama had very little influence over the growth of the GDP. Neither does Trump. Tax cuts have, perhaps, had some limited short-term impact, but it's likely not long lasting since most of the beneficiaries just bought back their own company stock to inflate their stock price. There has been very little additive fiscal policy in this country in the last decade. Monetary policy has driven the boat. It's the Central Bankers' world and we're just living in it.
    I agree with your overarching point (that politicians, red or blue, don't have nearly as big of an impact on the economy as pundits suggest), but stock buy-backs return money to investors that could then be invested in other companies / projects. I don't think the fact that fortune 500 companies are using tax savings in that way necessarily indicates that the tax cut won't result in incremental investment. Of course, an increase in investment isn't necessarily going to impact "Main Street".

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