General Stock Market has biggest Crash since 2008

[Hauler]

Do you realize under Trumps plan the rates spike up in 10 years for the middle class and all the benefits go to the top 1%.

I don't think this is accurate.

The corporate cuts are "permanent".
The individual cuts expire in 2025. New legislation will be enacted based on the economy at that time.

The middle class received cuts of 3% to 4%. The upper class got 1% or nothing at all.
The sky isn't falling.

 

[Pitbull9]

LOL most economists are republicans who love money. Sorry man, you sound delusional, now you are resorting to saying that every economists hates trump, and is just lying.

You sound cray cray

Newsflash, there is a reason you will find 0 economists saying the tax plan is good, because its not , Trump and the Republican party seem to be able to fool half the country very easily, especially the low IQ bible belt people.

Ok so how about this let's wait and see what happens and then we can judge.

 

[SongExotic2]

Awww poor baby, you still mad.

I will probably stay mad for about the next 3 years and then join a new forum and tell everyone how you ignored my pm's and Facebook messages.


@RickStorm #1 fan!

 

[SensoriaUtopia]

I will probably stay mad for about the next 3 years and then join a new forum and tell everyone how you ignored my pm's and Facebook messages.


@RickStorm #1 fan!

 

[SensoriaUtopia]

I don't think this is accurate.

The corporate cuts are "permanent".
The individual cuts expire in 2025. New legislation will be enacted based on the economy at that time.

The middle class received cuts of 3% to 4%. The upper class got 1% or nothing at all.
The sky isn't falling.

If the plan was good, a shit ton of Economists would be saying its good

By the way, if I had to guess I would say about 80% of Economists are staunch Republicans who love money.

They would be exactly the type to vouch for Trump, yet every single one of them say its a horrible plan for the middle class.

 

[SensoriaUtopia]

Ok so how about this let's wait and see what happens and then we can judge.

Of course we will know better in 3 years, but at this rate its not looking good. Economists are stauch republicans for the most parts who love money. If anyone would be backing Trump its them, yet they are loudly saying its horrible for everyone save the top 1%.

That speaks louder than anything CNN or Fox news can say

 

[Pitbull9]

Of course we will know better in 3 years, but at this rate its not looking good. Economists are stauch republicans for the most parts who love money. If anyone would be backing Trump its them, yet they are loudly saying its horrible for everyone save the top 1%.

That speaks louder than anything CNN or Fox news can say

Funny thing Is I listen to no media outlet. I pay attention to other things that show signs of good times or bad and so far it's looking better not worse. I wonder if those approval ratings are done by the same groups who said Trump was on his way to a huge loss against shillary. GDP is way up unemployment Is way down, jobs are increasing by the 1000s, money is being spent like crazy, MasterCard said it was the biggest it's been since like 06. All signs point to good things but I guess if you hate the man it's easy to pick and choose. CNN and others do that very well. Let's not focus on the good only the bad.

 

[SensoriaUtopia]

Funny thing Is I listen to no media outlet. I pay attention to other things that show signs of good times or bad and so far it's looking better not worse. I wonder if those approval ratings are done by the same groups who said Trump was on his way to a huge loss against shillary. GDP is way up unemployment Is way down, jobs are increasing by the 1000s, money is being spent like crazy, MasterCard said it was the biggest it's been since like 06. All signs point to good things but I guess if you hate the man it's easy to pick and choose. CNN and others do that very well. Let's not focus on the good only the bad.

respectuflly you seem to kind of want to pay attention to the things that suits your view. Because you are trying to downplay the fact that every economists is clearly saying it is a horrible plan for the middle class. I already saw on Meet the Press that only 5 of over 150 CEO's are saying they will even reinvnest that extra money into their employees, it's not trickling down, its being passed laterally from one rich person to another.

Also, the polls that had Hillary up pre election where actually not that inaccurate, what happened was a shit ton of people decided not to vote for Hillary after saying they would in literally the 3 or 4 days before the election because of the Comey thing with Hillary so when election day came about they did not have enough time to get new polling out that reflected the reality.

 

[Pitbull9]

respectuflly you seem to kind of want to pay attention to the things that suits your view. Because you are trying to downplay the fact that every economists is clearly saying it is a horrible plan for the middle class. I already saw on Meet the Press that only 5 of over 150 CEO's are saying they will even reinvnest that extra money into their employees, it's not trickling down, its being passed laterally from one rich person to another.

Also, the polls that had Hillary up pre election where actually not that inaccurate, what happened was a shit ton of people decided not to vote for Hillary after saying they would in literally the 3 or 4 days before the election because of the Comey thing with Hillary so when election day came about they did not have enough time to get new polling out that reflected the reality.

Hahaa you love to stay on the tax plan thing ok cool as we already discussed we are going to wait to see what happens and as for the polling yeah ok bro whatever makes you feel better about that. Hillary supporters didn't care about that comey shit, she lost because she sucked and sent no message other than trump bad im a woman vote for me. As I said let's pay attention to the bad and ignore the good. Either way I'm cool with everything that is going down and until I see things get worse for people than I will change my views. I guess the marriage deduction being doubled and child taxes being double is def a bad thing lol.

 

[SensoriaUtopia]

Hahaa you love to stay on the tax plan thing ok cool as we already discussed we are going to wait to see what happens and as for the polling yeah ok bro whatever makes you feel better about that. Hillary supporters didn't care about that comey shit, she lost because she sucked and sent no message other than trump bad im a woman vote for me. As I said let's pay attention to the bad and ignore the good. Either way I'm cool with everything that is going down and until I see things get worse for people than I will change my views. I guess the marriage deduction being doubled and child taxes being double is def a bad thing lol.

Hillary sucks, Trump sucks, just saying that the polls that had Hillary ahead where skewed because of the Comey thing, many people decided to not vote for her after that. Also, if the Tax Plan was good for the regular folks, you would be saying people who have PHD's in that field tell us it is.

Not only are they not saying that, they are loudly saying its a horrible plan. Are you more qualified on this topic that a person who has a PHD in this field?

Where is the healthcare reform?

Where is the Wall?

Why did he not temp ban travel the Suadis? you nkow every 911 attacker was a Saudi national, yet Trump did not temp travel ban them, because he does biznis with him.

Mattis and Mcmaster are the only thing worthy in his cabinet.

Don't even get me started on the evil bastard Jeff Sessions.

 

[Rambo John J]

digital money is a single event from being worthless

Goods in Hand and Skills are the currency of the apocalypse

-RJJ

 

[Truck Party]

buy the dip

 

[Shinkicker]

Hillary sucks, Trump sucks, just saying that the polls that had Hillary ahead where skewed because of the Comey thing, many people decided to not vote for her after that. Also, if the Tax Plan was good for the regular folks, you would be saying people who have PHD's in that field tell us it is.

Not only are they not saying that, they are loudly saying its a horrible plan. Are you more qualified on this topic that a person who has a PHD in this field?

Where is the healthcare reform?

Where is the Wall?

Why did he not temp ban travel the Suadis? you nkow every 911 attacker was a Saudi national, yet Trump did not temp travel ban them, because he does biznis with him.

Mattis and Mcmaster are the only thing worthy in his cabinet.

Don't even get me started on the evil bastard Jeff Sessions.

‘Big positive surprise’ coming from Trump tax plan, CEOs say



‘Big positive surprise’ coming from Trump tax plan, CEOs say

 

[SongExotic2]

"respectuflly you seem to kind of want to pay attention to the things that suits your view"

 

[IschKabibble]

least most

Too early to tell, but so far I like what he's doing. The tax cuts are huge and a much needed change. The ACA was a fucking disaster. Industrial regulation had gone way too far. Our trade deals were a joke. And no matter how uncomfortable the conversation might be, the borders need to be fixed. It's not about discrimination, it's about bringing people in so they can be successful in our country.

I didn't vote for the guy and I don't care for his lack of tact, but so far I have no issue with the actual policies he's put in place. It's only been 1 year. It's going to take longer than that to fix 8 years of ineptitude.

Bingo. Ran payroll for my employees last week and everyone had a net increase in pay from the new rates.

Year one.

 

[RaginCajun]

Is that you?

 

[Shinkicker]

Hauler, the tax plan he passed is no good. Think about something, if it was good you would see many economists say it was good for the middle class. Do you realize under Trumps plan the rates spike up in 10 years for the middle class and all the benefits go to the top 1%.

you know that corp tax that he cut for bizni's that was gonna help us, well I was watching meet the press and they where in a room with over a 150 ceo's and they asked those CEO's how many of them would reinvest back to their employees with the extra saving, literally only 5 out of 150 plus said they would.

So 97% or more are saying even with the tax corp cut for biznies that they wont give anything back to their employees.

Everytime I google "economists and the nex tax reform", all I see is economists shitting all over it. Forget about left or right wing, if it was good econmositsc who have PHD's would say it is. Unless you plan on dying within the decade you will get ripped off if you are normal person.

He has passed no health care, he is building no wall. The only thing I give Trump some credit for is for putting in play Gen Mattis and Mcmaster, those guys are outstanding and are making us safer.

As it stands, Trump seems to be making a case to be the worst and least effective president in our history.

6 things we'll regret about the Trump tax cuts
6 things we'll regret about the Trump tax cuts

A negative article but first paragraphs....


Critics of the tax overhaul President Trump signed at the end of 2017 think it’s a disaster.

It’s not. The Trump tax plan lowers the U.S. corporate tax rate from 35% to 21%, putting it in line with other developed nations that have been cutting their own business rates for years. Many economists have been calling for such a move for a long time.

The Trump plan will also modestly lower taxes on millions of middle-class families, giving them a few more bucks to spend. Even economists who don’t like the plan think it will boost economic growth a bit in 2018 and 2019.

 

[Gay For Longo]

Yo @Enock-O-Lypse Now! you check out the amount it dropped?
Rounded to the nearest whole number is 666 points

 

[SensoriaUtopia]

‘Big positive surprise’ coming from Trump tax plan, CEOs say



‘Big positive surprise’ coming from Trump tax plan, CEOs say

Anything from actual Economists?

And I read that article, look at what it says

“You can’t reduce tax rates if you have huge deficits,” said Frank Appel, chief executive of Deutsche Post DHL, a German shipping company. The tax cut “will be good for the short-term, but it doesn't fix the fundamental problems” in the U.S. economy.

Also
"
The other major concern is that the benefits of the tax cut will go mostly to the wealthy and corporate shareholders.

Trump's “strategy is not really to create more opportunities for everyone, but to pick and choose who's going to be able to get those opportunities,” said Ricardo Hausmann, director of Harvard's Center for International Development, who is also in Davos."


Thats from the link you gave, if anything that is saying the opposite

 

[Shinkicker]

Anything from actual Economists?

And I read that article, look at what it says

“You can’t reduce tax rates if you have huge deficits,” said Frank Appel, chief executive of Deutsche Post DHL, a German shipping company. The tax cut “will be good for the short-term, but it doesn't fix the fundamental problems” in the U.S. economy.

Also
"
The other major concern is that the benefits of the tax cut will go mostly to the wealthy and corporate shareholders.

Trump's “strategy is not really to create more opportunities for everyone, but to pick and choose who's going to be able to get those opportunities,” said Ricardo Hausmann, director of Harvard's Center for International Development, who is also in Davos."


Thats from the link you gave, if anything that is saying the opposite

Did you skip some of that article? Lol

And your guy admits it is good short term.

 

[SensoriaUtopia]

Did you skip some of that article? Lol

And your guy admits it is good short term.

No, what I am saying is within the link you gave, there are multiple quotes saying it is not good for us this tax plan as you see in the quotes.

If it was even a mildly good plan Economists who are the absolute experts on this, they knew more about this shit than me and you and everyuone on this forum put together, litereally 0 support it and every Economists that I read on is saying its not a good plan.

Listen to the experts, not to what Trumps secratary says

 

[Truck Party]

if this thread proves anything, it's that economics & how to avoid logical fallacies should be taught in schools

 

[Shinkicker]

No, what I am saying is within the link you gave, there are multiple quotes saying it is not good for us this tax plan as you see in the quotes.

If it was even a mildly good plan Economists who are the absolute experts on this, they knew more about this shit than me and you and everyuone on this forum put together, litereally 0 support it and every Economists that I read on is saying its not a good plan.

Listen to the experts, not to what Trumps secratary says

I purposely gave you an article with views from both sides from the top business men around the world.


And to be honest, if I have a successful business man and a university economist giving me differing advice, can't say that I wouldn't go with the successful business man (or woman, don't start lol)

 

[SongExotic2]

I purposely gave you an article with views from both sides from the top business men around the world.


And to be honest, if I have a successful business man and a university economist giving me differing advice, can't say that I wouldn't go with the successful business man (or woman, don't start lol)

But economists (at least the ones that are alive after the last few crashes) know everything. More than you and me or anyone else on this forum.

How dare you question them?

 

[SensoriaUtopia]

I purposely gave you an article with views from both sides from the top business men around the world.


And to be honest, if I have a successful business man and a university economist giving me differing advice, can't say that I wouldn't go with the successful business man (or woman, don't start lol)

Solid post, but keep in mind your lync is both for and against it and the sources for it as Trumps secratury of treasury, of course Trumps guy will say it works, but the guy against it is a Harvard Professor, gee I wonder who is more accurate.

Also, an Economist gives a direct disertation on the economy and how its gong a biznis man who is succesful has literally zero to do with the fact that 0 economists support Trumps plan.

At the end of the day it takes 3 seconds to search in google and see that every Economists who speaks on the matter keeps loudly saying its not good for anyone but the top 1%.