Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Congratulations |
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#32
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Wrong - experts are giving that a huge question mark - Tax cuts in 1981 and the early 2000s widened deficits. With the new cuts the Treasury will be burning through cash reserves faster than usual. A shortfall of $136 billion is expected due to the tax cuts this year alone. Conservative estimates are that the federal deficit will increase by $2 trillion in the first 10 years. Very few economists are saying the revenue loss would be fully offset with revenue growth. The people spouting this magical thinking are politicians.
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#33
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Coming up soon on the block.....cuts to Social Security & Medicare......that should balance the budget.
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The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
#34
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It is better to laugh than to cry. |
#35
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National debt
The National Debt is only an issue in the heat of a National election. Afterwards, it is no longer an issue.
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Most people are as happy as they make up their mind to be. Abraham Lincoln |
#36
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Lol
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#37
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#38
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#39
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So far, only a small percentage have given bonuses or raised wages with the vast majority of companies saying that they are looking at increasing cash reserves and/or stock buy-backs. Which certainly helps those of us who have substantial stock holdings, either individually or through 401K's/Roth's/Etc., but has a fatal flaw...as 50% of Americans do not own any stocks. Simple common sense dictates that the only reason for a company to hire more workers or pay higher wages, is if unfilled demand is present (which if that were the case, they would do it regardless of whether there are additional incentives)...or that they can't hire the quality of workers they need. Neither situation actually exists to justify that the vast majority of the tax cut benefits are going to those people/companies...who need it the least. Only a small slice of corporate America has shared tax savings with workers so far - Jan. 2, 2018 Quote:
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#40
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#41
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Not to worry, the government gives with one hand and take it with the other. They give you a reduction in the taxes you pay and then raise the interest rates so inflation kicks in great move thanks again Washington
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#42
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Yes.....I was surprised yesterday at the speed in which this was reflected in the market.
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#43
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Lubbock, TX Bamberg, Germany Lawton, OK Amarillo, TX The Villages, FL To quote my dad: "I never did see a board that didn't have two sides." |
#44
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Sorta reminds me of gas prices in reverse; leap up overnight, go down pennies at a time.
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Lubbock, TX Bamberg, Germany Lawton, OK Amarillo, TX The Villages, FL To quote my dad: "I never did see a board that didn't have two sides." |
Closed Thread |
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