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Originally Posted by Blind Allegiance
Boy still failed to explain why he Cherry Picked one item and yet fail to address every single other economic indicator
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You mean the economic indicators that have been going nothing but up...since Obama became POTUS?
Those indicators?
1. Only a financial idiot would think that if a company had a demand for their goods or services, that they would wait on some kind of tax break incentive...to hire those additional workers to increase their bottom line.
2. It would take that same level of idiocy to think that a company would automatically give a raise to its workers, if they were currently able to fill their positions adequately... with their current guidelines on remuneration.
Now there may be a
few companies that will give a bonus (most likely NOT a pay raise, which is permanent) to try and obfuscate/avoid the criticism of what they're really going to do with that tax break...which is put it into shareholders and company officials pocket.
They will do this of course, by purchasing back their own stock so as to increase their stock price...of which all upper management's bonus pay is partially based.
Now the irony of this is the fact that I will be one of those that benefits greatly from this...through my numerous 401K's and stock holdings. I figure about next fall it will be time to reassess my portfolio however, because if history is any guide...this boom is ripe for busting within a year or so.
The truth of the matter is however, that since about 70% of our economy is consumer based and a much bigger and more fair/lasting impact could have been derived...by giving it directly to the low & middle class consumers.
Which of course, would have driven additional employment demand for most companies now selling more and would have stimulated the economy...in a much fairer and transparent method.
Instead, in one of the few times that Chump hasn't lied through his teeth...he was overheard telling his rich buddies that he just made them a lot richer.
"You all just got a lot richer," Trump tells friends, referencing tax overhaul - CBS News
Quote:
President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, "You all just got a lot richer," referencing the sweeping tax overhaul he signed into law hours earlier. Mr. Trump directed those comments to friends dining nearby at the exclusive club -- including to two friends at a table near the president's who described the remark to CBS News -- as he began his final days of his first year in office in what has become known as the "Winter White House."
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And you dumfvck Trump cultists actually believed the trash he was spewing originally about the bill...was the truth
You cultists do provide a national benefit however, in showing those that think Trump followers couldn't be any dumber or more naive...are dead wrong.
Heck, you're lowering that bar on almost a daily basis...so good job.
Deepest Sincere Wishes:
