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Started By
Message
GOP Strategy: If something doesn't work repackage it and do it again.
Posted on 5/2/18 at 5:38 am
Posted on 5/2/18 at 5:38 am
The great sham about corporate tax cuts and supply side (voodoo) economics.
"The GOP tax law drastically cut taxes on U.S. businesses, slashing the corporate rate to 21 percent from 35 percent, yet expectations that companies would increase their investments in labor or business expansions are not panning out. At least not in contrast to the rewards being heaped upon investors."
"U.S. companies are spending much more on cash mergers and stock buybacks than they are on hiring and pay increasings, benefiting top management and investors far more than the average worker."
"Separately, a survey of business executives recently released by the Atlanta Fed found three-quarters of respondents indicated the tax legislation had not prompted any changes in investment plans for 2018. "
Fools! Scammed again. So odd that Trump's populist pitch to the workers of Michigan, Pennsylvania, Ohio, Wisconsin et al was just a con job. They are angry at the "elite" who they think have ignored them but they elected a man who has just given away more of the farm to the "elite" without helping the average Joe or Jane one fricking bit.
"The GOP tax law drastically cut taxes on U.S. businesses, slashing the corporate rate to 21 percent from 35 percent, yet expectations that companies would increase their investments in labor or business expansions are not panning out. At least not in contrast to the rewards being heaped upon investors."
"U.S. companies are spending much more on cash mergers and stock buybacks than they are on hiring and pay increasings, benefiting top management and investors far more than the average worker."
"Separately, a survey of business executives recently released by the Atlanta Fed found three-quarters of respondents indicated the tax legislation had not prompted any changes in investment plans for 2018. "
Fools! Scammed again. So odd that Trump's populist pitch to the workers of Michigan, Pennsylvania, Ohio, Wisconsin et al was just a con job. They are angry at the "elite" who they think have ignored them but they elected a man who has just given away more of the farm to the "elite" without helping the average Joe or Jane one fricking bit.
52
Posted on 5/2/18 at 5:41 am to JohnnyU
quote:
yet expectations that companies would increase their investments in labor or business expansions are not panning out.
False, we are pretty much at full employment and wages are rising (after being stagnant or regressing under y'alls hero) for years
Posted on 5/2/18 at 5:43 am to JohnnyU
Guess how I know you didn't pay attention at school.
Because stupid post.
MAGA
Because stupid post.
MAGA
This post was edited on 5/2/18 at 5:44 am
Posted on 5/2/18 at 5:45 am to JohnnyU
one would think you would be busy worrying about the death of the party due to Kanye being woke as a MF, nice melt though
Posted on 5/2/18 at 5:45 am to JohnnyU
quote:
they elected a man who has just given away more of the farm to the "elite" without helping the average Joe or Jane one fricking b
You are full of shite
Posted on 5/2/18 at 5:46 am to More&Les
unemployment is down, significantly
job participation is still around obama levels.
job participation is still around obama levels.
Posted on 5/2/18 at 5:47 am to JohnnyU
quote:
without helping the average Joe or Jane one fricking bit.
We aren't looking for help.
We are looking for opportunity.
You socialists will never understand that.
Posted on 5/2/18 at 5:47 am to JohnnyU
Nice link
Posted on 5/2/18 at 5:48 am to Zahrim
quote:
job participation is still around obama levels.
We are having a boomer problem. (they are retiring)
Posted on 5/2/18 at 5:48 am to JohnnyU
quote:
average Joe or Jane
This is the Dem core constituent. A person that doesn’t know if they’re a man or a woman.
Posted on 5/2/18 at 5:50 am to Stingray
quote:
We aren't looking for help.
We are looking for opportunity.
You socialists will never understand that.
Posted on 5/2/18 at 5:50 am to JohnnyU
Wow someone woke up extra melty this morning
Posted on 5/2/18 at 6:00 am to JohnnyU
quote:
The great sham about corporate tax cuts and supply side (voodoo) economics. "The GOP tax law drastically cut taxes on U.S. businesses, slashing the corporate rate to 21 percent from 35 percent, yet expectations that companies would increase their investments in labor or business expansions are not panning out. At least not in contrast to the rewards being heaped upon investors." "U.S. companies are spending much more on cash mergers and stock buybacks than they are on hiring and pay increasings, benefiting top management and investors far more than the average worker." "Separately, a survey of business executives recently released by the Atlanta Fed found three-quarters of respondents indicated the tax legislation had not prompted any changes in investment plans for 2018. " Fools! Scammed again. So odd that Trump's populist pitch to the workers of Michigan, Pennsylvania, Ohio, Wisconsin et al was just a con job. They are angry at the "elite" who they think have ignored them but they elected a man who has just given away more of the farm to the "elite" without helping the average Joe or Jane one fricking bit.
I don't believe you're correct concerning the Tax bill passed by congress being of no benefit to middle class Americans. It's simply too early to tell.
Posted on 5/2/18 at 6:03 am to JohnnyU
I guess you'd say it's a good thing Commies don't do that?...
Posted on 5/2/18 at 6:04 am to TigerBait1971
It's from some CBS opinion piece. Johnny Pocket Rocket doesn't have time to link brah.
Posted on 5/2/18 at 6:08 am to JohnnyU
quote:
they elected a man who has just given away more of the farm to the "elite" without helping the average Joe or Jane one fricking bit.
Trump has not given the DemProgFilth leadership a damned thing. Those are the so-called "elites", the idiot professions of sports, entertainment, social media. They get "elite"status and income simply by being. People who work, actually provide goods are not considered "elite".
So once again, the DemProgFilth whining about the things they themselves do/are.
Posted on 5/2/18 at 6:09 am to JohnnyU
i'm a free market capitalist.
Needless to say I take a particularly dim view of M&A activity. It reduces competition and moves sectors of the economy towards oligopoly (if not outright monopoly). That is bad for consumers and the employees who are laid off as a consequence.
My gut instinct is to ban all M&A activity and tell companies that capitalism is a blood sport and demand they fight it out to the death.
Needless to say I take a particularly dim view of M&A activity. It reduces competition and moves sectors of the economy towards oligopoly (if not outright monopoly). That is bad for consumers and the employees who are laid off as a consequence.
My gut instinct is to ban all M&A activity and tell companies that capitalism is a blood sport and demand they fight it out to the death.
This post was edited on 5/2/18 at 6:10 am
Posted on 5/2/18 at 6:18 am to JohnnyU
quote:
repackage it and do it again
shite those assholes don't even do that; they just keep saying "what do you want" and then not do it
Posted on 5/2/18 at 6:22 am to JohnnyU
I have one simple question.
Do you know what the corporate tax rates are in countries with competing industries?
The world average is 22.5% Companies that were looking elsewhere to set up headquarters are now staying put, and companies like Broadcom are coming back. This day in age with technology where it is, companies can compete on the global market from anywhere. Nothing is stopping companies from packing up and moving out, and having the highest corporate tax rate in the world just encourages it.
Now we are in a better position to keep companies in place, and lure additional companies. Those jobs are what helps Joe and Jane. Pretty sure the last guy told Joe and Jane to go **** themselves. A bit more eloquently of course, "Your jobs aren't coming back" "Does Trump have a magic wand"
These tax cuts went into place 5 months ago. I'm not sure what kind of results you were expecting in that short of a clip. But if you can actually get your eye on the ball, and see the long term game going on here, you can set up realistic expectations.
Do you know what the corporate tax rates are in countries with competing industries?
The world average is 22.5% Companies that were looking elsewhere to set up headquarters are now staying put, and companies like Broadcom are coming back. This day in age with technology where it is, companies can compete on the global market from anywhere. Nothing is stopping companies from packing up and moving out, and having the highest corporate tax rate in the world just encourages it.
Now we are in a better position to keep companies in place, and lure additional companies. Those jobs are what helps Joe and Jane. Pretty sure the last guy told Joe and Jane to go **** themselves. A bit more eloquently of course, "Your jobs aren't coming back" "Does Trump have a magic wand"
These tax cuts went into place 5 months ago. I'm not sure what kind of results you were expecting in that short of a clip. But if you can actually get your eye on the ball, and see the long term game going on here, you can set up realistic expectations.
This post was edited on 5/2/18 at 6:27 am
Posted on 5/2/18 at 6:25 am to JohnnyU
unlinked bullshite
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