After two years, Trump's tax cuts have failed Americans

El OchoCinco said:
No ...I am not a hysterical girl crying the sky is falling and we are going to become communists...

grow up.
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Why? You think Bernie and AOC are reasonable on their way of pushing the country away from capitalism? They don't want you to make a living from trading for sure. Unless of course you don't care for the reason that you don't trade for a living.
 
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Wheezooo said:
Nothing for or against Trump, just hate seeing stats used manipulatively by ignorant people. a.k.a. - Economists

Entirely intellectually dishonest. Needs to be scaled to base. Assume 100,000,000 working population. Two years ago unemployment 4.7% = 4.7 million people. Job creation 213,000 is .0453% of that.

Today unemployment = 3.5%. Assume for convenience, same work population of 100,000,000. Only 3.5 million unemployed. The 2yr ago rate, keeping apples to apples would be 158,617 job creation. So there. Sorry. Just rippin the cover off the fucking ball.

If any economist is reading this, and needs the concept spoon fed. Assume zero unemployment. no jobs can now be created, he would be creating jobs at a rate 213,000 less than 2 yrs ago. How terri
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But hey don't stop there .... thanks to Dump clamping down on ALL immigration (legal or otherwise) stunting population growth he'll need to "create" even less jobs in future years of term #2.

Note: jobs created also are filled by the currently employed. And less is less no matter how you, me or an Economist slices it.
 
gaussian said:
RE: mortgages there has never been a better time to own a house. Lock in 4% and pay it off slowly. As long as the market is making you more than 4% there's no sense in paying it off early until you can justify dumping large cash to own it outright.

RE: middle class getting table scraps I don't think this is the whole truth. The upper crust of the middle class did pretty well with the tax breaks and lord knows the middle class needs all the help it can get...
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Not in states like NY (which Dump wisely is relocating from just in time yuck yuck) that lost state and city tax deductions from their federal return ... he signed into law.

It hit the middle and upper middle the most. Poorest and richest not at all.
 
ph1l said:
Yes, about the only thing Trump and Truth have in common is the letters, "T," "r," and "u.":)

Politicians around the world seem to have that problem too.

To win the 2020 Presidential Election, all the Democrats need to do is put up a not-too-radical candidate. But if the choices are between Trump and Sanders (or Warren), it would be like a deciding between Hitler and Stalin. Then the outcome would be harder to handicap.
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Speaking of spelling: Would the Trumpers still follow their leader, by the nose, if they were Drumpfers instead?

The year long Dem dog and pony show will most likely end with Biden on top, but I'd say Dump mostly beats him because Dumpers are (to quote Michael Moore who is yes bottom of the socialist barrel but right) they are more rabid.

Many Sanders/Warren supporters will sit out the national election sulking - unless Biden pulls a really stupid maneuver and makes either his running mate. Then instead they will lose lots of Swing Voter/Independent types.

Math still seems to work in Dump's favor no matter what, and it won't hurt if GRU does their Facebook magic again.
 
LS1Z28 said:
People tend to see what they want to see based off their political affiliation.

Since the tax bill was passed:
1. Wage growth is the highest in a decade.
2. We matched the highest annual GDP growth in the past 13 years.
3. Unemployment rates have pushed down to a 50 year low.
4. For the first time since we've tracked the statistic, there are more open jobs than workers seeking to fill them.

We saw all of these things happen despite the trade war and a slowing world economy. We even brought in more federal tax revenue in 2018 than in 2017 despite the cuts. The tax bill wasn't perfect, but it's far from a failure.
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Results don't come even close to the promises made, and anyway are in line with what was going on in the economy before the tax cut to the wealthiest took effect.

Poor and middle class spend dollars to live, not highest growth in a decade dollars. And they are employed at: Walmart, Walgreens and Waste Management. The people who really benefited from tax cut are the shareholders of: Walmart, Walgreens and Waste Management.

I'm a Capitalist. Built and sold two businesses before getting into trading years ago. And always like a deal. A fair deal. Those with the capital get the capital gain tax cuts. That is ok. But not with borrowed money. This tax cut stunk right from the beginning. The economy didn't need it as well. Anyone being honest will acknowledge that. Also the results weren't as advertised ... then and now. Notwithstanding politicians/Foxie newsheads putting lipstick on a pig this should be seen for what it really is. A giveback to big donors. And Dump at one time claimed he would self fund his first campaign. They wouldn't take his check.
 
gkishot said:
Why? You think Bernie and AOC are reasonable on their way of pushing the country away from capitalism? They don't want you to make a living from trading for sure. Unless of course you don't care for the reason that you don't trade for a living.
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Of.course they are NOT reasonable Chicken Little..that is why I have repeatedly said Bernie will never win. Bernie is popular with lazy millennials who want free shit but they are a super tiny group which is why Bernie is never leading in the polls.

Are you afraid of Bigfoot too? Maybe focus more on trading rather than FOX news scaring you that Bernie is going to win and turn us into Venezuela.
 
El OchoCinco said:
Of.course they are NOT reasonable Chicken Little..that is why I have repeatedly said Bernie will never win. Bernie is popular with lazy millennials who want free shit but they are a super tiny group which is why Bernie is never leading in the polls.

Are you afraid of Bigfoot too? Maybe focus more on trading rather than FOX news scaring you that Bernie is going to win and turn us into Venezuela.
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To be fair Bernie is right now the 3rd most likely to be president, and if Warren drops his odds are going to rise
 
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