Spoken like a true "progressive"Let's just hope this trend continues
LOL, you do realize this decline closes follows the Dems taking control of the House, right? The public realized the economic strides we've made and the surging job market are in grave danger from the uber-left cackling of Pelosi, Schumer, Sanders, and AOC, among others. Likely much of the same reasoning went into the decline of the stock markets that begun shortly after the elections.https://thehill.com/homenews/news/427451-poll-70-percent-say-us-headed-in-wrong-direction
Seventy percent of respondents to a poll released Tuesday say the country is moving in the "wrong direction," the highest level since September 2017.
The AP-NORC survey, conducted during the record-long 35-day partial government shutdown, found that only 28 percent of respondents said the United States is on the right course.
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Let's just hope this trend continues as The Donald does his best to subvert the country at Putin's direction.
LOL, you do realize this decline closes follows the Dems taking control of the House, right? The public realized the economic strides we've made and the surging job market are in grave danger from the uber-left cackling of Pelosi, Schumer, Sanders, and AOC, among others. Likely much of the same reasoning went into the decline of the stock markets that begun shortly after the elections.
Businesses don't boost hiring and capital investment because of "sugar highs".The strides were a high from the tax cut and now that the buzz is over we're in more trouble.
Thing is the "downer" still has millions more employed, millions more looking for work, strong wage gains and strong gains in the stock market.Exquitor said:These factors may hurt, but inevitably the downer was coming.
LOL, yeah, because they're so fiscally responsible and tight fisted spenders,Exquisitor said:We'd better just take away Congresses' needle and rubber hose by electing Democrat.
https://thehill.com/homenews/news/427451-poll-70-percent-say-us-headed-in-wrong-direction
Seventy percent of respondents to a poll released Tuesday say the country is moving in the "wrong direction," the highest level since September 2017.
The AP-NORC survey, conducted during the record-long 35-day partial government shutdown, found that only 28 percent of respondents said the United States is on the right course.
==================================================
Let's just hope this trend continues as The Donald does his best to subvert the country at Putin's direction.
LOL, you do realize this decline closes follows the Dems taking control of the House, right? The public realized the economic strides we've made and the surging job market are in grave danger from the uber-left cackling of Pelosi, Schumer, Sanders, and AOC, among others. Likely much of the same reasoning went into the decline of the stock markets that begun shortly after the elections.
Which totally explains the SUDDEN DROP. :roll:In your dreams. This poll is a direct result of the past 2 years of Trumpism.
LOL, you do realize this decline closes follows the Dems taking control of the House, right? The public realized the economic strides we've made and the surging job market are in grave danger from the uber-left cackling of Pelosi, Schumer, Sanders, and AOC, among others. Likely much of the same reasoning went into the decline of the stock markets that begun shortly after the elections.
Businesses don't boost hiring and capital investment because of "sugar highs".
LOL, yeah, because they're so fiscally responsible and tight fisted spenders,
:roll:
But the people who had to send that $500 in as taxes WON'T be able to spend it in the market. It's been known for a long time that the government can't tax us into prosperity.Spending tax money on social programs like affordable healthcare can free up spending money in the market. Consumers who don't have to pay $500 every time they see a doctor are going to spend that money elsewhere, not to mention live longer.
https://thehill.com/homenews/news/427451-poll-70-percent-say-us-headed-in-wrong-direction
Seventy percent of respondents to a poll released Tuesday say the country is moving in the "wrong direction," the highest level since September 2017.
The AP-NORC survey, conducted during the record-long 35-day partial government shutdown, found that only 28 percent of respondents said the United States is on the right course.
==================================================
Let's just hope this trend continues as The Donald does his best to subvert the country at Putin's direction.
And which companies do you serve as CEO or on the Board of Directors? Seriously, deregulation and a friendly tax policy are big considerations in business expansion plans. A favorable business environment favors more risk taking than one that is hostile to "millionaires and billionaires", and promises that energy prices will "necessarily skyrocket" under it. For the eight years of Obama's reign we consistently heard complaints of businesses sitting on huge piles of cash. With Trump the opposite proved true, as soon as the election was decided the more aggressive companies charged off, and as time progressed and Trump tax plan came about even the most conservative of businesses got on the bandwagon.Any business that boosts hiring and capital investment based solely on deregulation and lower taxes is making a poor business decision. The time to boost hiring and capital investment is when people actually have the money and the desire to purchase your product or service. The best way to get people to purchase your product or service is to make sure THEY have plenty of spending money. At that point, invest in marketing and you have a healthy business. This is how capitalism is supposed to work. Subsidizing your profits with the tax dollars of your customers and then claiming you need that money to hire more people is doing things backwards.
But the people who had to send that $500 in as taxes WON'T be able to spend it in the market. It's been known for a long time that the government can't tax us into prosperity.
And which companies do you serve as CEO or on the Board of Directors? Seriously, deregulation and a friendly tax policy are big considerations in business expansion plans. A favorable business environment favors more risk taking than one that is hostile to "millionaires and billionaires", and promises that energy prices will "necessarily skyrocket" under it. For the eight years of Obama's reign we consistently heard complaints of businesses sitting on huge piles of cash. With Trump the opposite proved true, as soon as the election was decided the more aggressive companies charged off, and as time progressed and Trump tax plan came about even the most conservative of businesses got on the bandwagon.
Sorry, no. Our federal income tax system already does that as well as could be asked for; somewhere around 45-50% of workers pay no federal income tax, and some even get money back they never paid in because Earned Income Tax Credit. Also I don't know about you but I've never got a job from a company backed by minimum wage workers, but I've got several backed and run by the wealthiest members of our society. Better we work on helping lower wage people increase their value to employers than steal from one American to get to another.All the more reason to collect the bulk of whatever taxes are necessary from the wealthiest members of society and lower the taxes on the poorest members.
Sorry, no. Our federal income tax system already does that as well as could be asked for; somewhere around 45-50% of workers pay no federal income tax, and some even get money back they never paid in because Earned Income Tax Credit. Also I don't know about you but I've never got a job from a company backed by minimum wage workers, but I've got several backed and run by the wealthiest members of our society. Better we work on helping lower wage people increase their value to employers than steal from one American to get to another.
LOL, you do realize this decline closes follows the Dems taking control of the House, right? The public realized the economic strides we've made and the surging job market are in grave danger from the uber-left cackling of Pelosi, Schumer, Sanders, and AOC, among others. Likely much of the same reasoning went into the decline of the stock markets that begun shortly after the elections.
All that can easily be accomplished by not taking the money in the first place.Federal investment in business through tax relief and deregulation is useful for 2 things: Attracting foreign businesses to invest in the US, (a good thing) and providing a brief economic surge as those businesses then spend that money in the market. That second one is a great tool for republicans to give a shot of adrenaline to the economy while they are in power to make it appear that things are on the upswing. However, if the market is not already healthy that surge is temporary and we end up back where we started (if we're lucky) and the government ends up with less money to invest.
And that's what he did, through economic mechanics rather than government fiat. Many companies gave employees bonuses, raise and upgraded benefits. Depending on which study you believe between 80-90% of all tax payers got a cut in taxes and some of those that didn't were high income earners in blue states that had super-favorable tax breaks for state and local taxes. Another benefit is that private companies make decisions based on economic and market logic, not political dogma or to buy votes from the folks back home.lwf said:Expecting tax breaks and deregulation to improve the economy without addressing consumer income and cost of living is like giving a starving man a shot of adrenaline. Yes, he's going to be unusually active for a while, but the problem is only going to get worse. Lowering taxes and deregulation have their uses in a booming economy. They are not the tools to repair a broken economy.
No, if the GOP loses that Senate and/or the White House it will be the GOP's fault just as it has been the Dems fault they lost the House, Senate and White House over the last ten years.Of course every bad thing is the dems fault but thanks for reminding everyone. I presume it will also be the dems fault when the right loses the white house next election and maybe, possibly the senate too. Those daggone libs.
All that can easily be accomplished by not taking the money in the first place.
And that's what he did, through economic mechanics rather than government fiat. Many companies gave employees bonuses, raise and upgraded benefits. Depending on which study you believe between 80-90% of all tax payers got a cut in taxes and some of those that didn't were high income earners in blue states that had super-favorable tax breaks for state and local taxes. Another benefit is that private companies make decisions based on economic and market logic, not political dogma or to buy votes from the folks back home.
Tax breaks and deregulation are not silver bullets, but they help foster enthusiasm and risk taking in the business community while providing addition funds for growth and expanding employee benefits.
Which totally explains the SUDDEN DROP. :roll:
No, if the GOP loses that Senate and/or the White House it will be the GOP's fault just as it has been the Dems fault they lost the House, Senate and White House over the last ten years.
Yeah, let's go back to the creaking economy of the Obama years. Be interesting to see what a Dem can do when he doesn't have a tidal wave of recovery pushing him along.We can only hope. Maybe go to church & light a candle just in case.
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