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Search: Posts Made By: finnbow
Forum: Economy 02-03-2018, 08:25 PM
Replies: 197
Views: 21,410
Posted By finnbow
Ryan Brags About Tax Cut Resulted in $1.50 Per Week Pay Raise

Speaker Paul Ryan (R-Wis.) deleted a tweet on Saturday, in which he said a woman's paycheck went up by $1.50 due to the Republican tax-reform plan.

Ryan included a link to an Associated Press...
Forum: Economy 02-03-2018, 12:58 PM
Replies: 197
Views: 21,410
Posted By finnbow
The U.S. Treasury expects to borrow $955 billion...

The U.S. Treasury expects to borrow $955 billion this fiscal year, according to a documents released Wednesday. It's the highest amount of borrowing in six years, and a big jump from the $519 billion...
Forum: Economy 02-03-2018, 12:38 PM
Replies: 197
Views: 21,410
Posted By finnbow
Their goal is clear to me - large tax cuts for...

Their goal is clear to me - large tax cuts for the rich and corporations in an effort to stimulate a short term sugar high that they hope will last through November, without regard to inflation or...
Forum: Economy 02-03-2018, 12:10 PM
Replies: 197
Views: 21,410
Posted By finnbow
From the article: At this late stage in the...

From the article:
At this late stage in the economic cycle, it’s difficult to envision a wholesale reacceleration in economic activity. It’s wholly plausible, however, for a spike in inflation to...
Forum: Economy 02-03-2018, 10:22 AM
Replies: 197
Views: 21,410
Posted By finnbow
I'd say it is, if you define full employment as...

I'd say it is, if you define full employment as the level below which inflation starts to rear its ugly head.
Forum: Economy 02-03-2018, 09:41 AM
Replies: 197
Views: 21,410
Posted By finnbow
Bullshit. Every economist worth his weight in...

Bullshit. Every economist worth his weight in shit supports deficit spending to stimulate a recovery and not one advocates increased deficit spending to stimulate an economy already at full...
Forum: Economy 02-02-2018, 07:57 PM
Replies: 197
Views: 21,410
Posted By finnbow
Nailed it. The Dow Jones industrial average...

Nailed it.

The Dow Jones industrial average plunged 2.5 percent Friday — closing down 666 points — and suffered its worst week in two years as concerns over rising interest rates and inflation...
Forum: Economy 02-02-2018, 04:37 PM
Replies: 197
Views: 21,410
Posted By finnbow
Are you disputing the point I made?

Are you disputing the point I made?
Forum: Economy 02-02-2018, 03:38 PM
Replies: 197
Views: 21,410
Posted By finnbow
Because deficit spending is exactly the right...

Because deficit spending is exactly the right thing to do to jump start an economy in a death spiral. It is, however, contraindicated for an economy at full employment due to inflationary concerns.
Forum: Economy 02-02-2018, 09:39 AM
Replies: 197
Views: 21,410
Posted By finnbow
So, three hundred out of 6 million companies gave...

So, three hundred out of 6 million companies gave their employees a raise? What about the other 5,999,700 companies?

And what about this:
President Donald Trump’s administration will increase...
Forum: Economy 01-30-2018, 01:00 PM
Replies: 197
Views: 21,410
Posted By finnbow
You're too stupid to realize that you just made...

You're too stupid to realize that you just made my point. Fifteen companies out of ~6 million American companies giving raises or bonuses hardly represents a strong trend. It's even less than the...
Forum: Economy 01-29-2018, 06:29 AM
Replies: 197
Views: 21,410
Posted By finnbow
WASHINGTON/NEW YORK (Reuters) - Two percent of...

WASHINGTON/NEW YORK (Reuters) - Two percent of U.S. adults said they had gotten a raise, bonus or other additional benefits due to the Republican tax law enacted a month ago by President Donald...
Forum: Economy 01-27-2018, 08:01 PM
Replies: 197
Views: 21,410
Posted By finnbow
WASHINGTON (AP)— Just last month, President...

WASHINGTON (AP)— Just last month, President Donald Trump was crowing about his chances for seeing the U.S. post 3 percent economic growth in 2017 and scoffing at the skeptics who predicted much less....
Forum: Economy 01-24-2018, 02:27 PM
Replies: 197
Views: 21,410
Posted By finnbow
The bottom line is that nobody yet knows the true...

The bottom line is that nobody yet knows the true impact of the tax bill, notwithstanding the recent few announcements from Apple, Walmart, etc. However, I think it's quite clear that it will help...
Forum: Economy 01-23-2018, 04:11 PM
Replies: 197
Views: 21,410
Posted By finnbow
I'm guessing Whell is among the 50% of...

I'm guessing Whell is among the 50% of Republicans who think that Trump is a genius.
...
Forum: Economy 01-23-2018, 03:41 PM
Replies: 197
Views: 21,410
Posted By finnbow
Are you actually challenging the fact that Trump...

Are you actually challenging the fact that Trump responds favorably to people who speak favorably of him and lashes out at those who criticize him? Really?:confused:
Forum: Economy 01-23-2018, 10:53 AM
Replies: 197
Views: 21,410
Posted By finnbow
Yep, it cost nothing to blow smoke up his ass and...

Yep, it cost nothing to blow smoke up his ass and there may be benefits in terms of future regulatory activity or avoidance of shitty tweets from the Dotard.
Forum: Economy 01-23-2018, 10:52 AM
Replies: 197
Views: 21,410
Posted By finnbow
Once again, you don't understand my comment. ...

Once again, you don't understand my comment. Apple did what it did for its own reasons. It also blew smoke up Trump's ass for the same reason that Russia, China, Saudi Arabia, and the Philippines...
Forum: Economy 01-23-2018, 09:38 AM
Replies: 197
Views: 21,410
Posted By finnbow
Of course you're not bright enough to fully...

Of course you're not bright enough to fully understand my comment. Companies are going to do whatever they feel they need to do to maximize shareholder wealth (per their fiduciary responsibility). ...
Forum: Economy 01-19-2018, 12:56 PM
Replies: 197
Views: 21,410
Posted By finnbow
I think this is yet another example of a...

I think this is yet another example of a corporate CEO's blowing smoke up Trump's ass so that he'll have a favorable impression of them as in the Carrier deal.
Forum: Economy 01-19-2018, 12:48 PM
Replies: 197
Views: 21,410
Posted By finnbow
It was reported all over the MSM. This is just...

It was reported all over the MSM. This is just the same old schtick from Limbaugh (and other conservative blowhards), claiming that something that could be perceived as favorable to conservatives...
Forum: Economy 01-18-2018, 01:17 PM
Replies: 197
Views: 21,410
Posted By finnbow
“Despite a handful of high-profile announcements,...

“Despite a handful of high-profile announcements, the recent cuts in corporate taxes haven’t yet had a meaningful impact on American companies’ plans to boost investment or raise workers’ pay, a CNBC...
Forum: Economy 01-15-2018, 08:22 AM
Replies: 197
Views: 21,410
Posted By finnbow
Ryan has long wanted to enact reforms to...

Ryan has long wanted to enact reforms to entitlement programs — which usually takes the form of cuts to Medicaid, Medicare, and Social Security. But at an event in Wisconsin on Friday, he said...
Forum: Economy 01-13-2018, 08:27 AM
Replies: 197
Views: 21,410
Posted By finnbow
So, curtailing the growth of entitlement spending...

So, curtailing the growth of entitlement spending is not messing with entitlement spending? Who knew? I guess that makes perfect sense to the dying sparks of sputtering synapses inside your...
Forum: Economy 01-12-2018, 01:32 PM
Replies: 197
Views: 21,410
Posted By finnbow
Are you saying it is untrue that Trump promised...

Are you saying it is untrue that Trump promised not to touch Social Security, Medicaid and Medicare? Here are some facts, though facts might make your head explode....
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