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  #441  
Old 06-14-2018, 12:40 PM
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finnbow finnbow is offline
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Originally Posted by whell View Post
Uh huh. Where were you on the "if you like your health plan you can keep it", or "if you like your doctor you can keep him/her"? Or maybe "the $400 million in cash to Iran isn't a ransom"? Or Kerry's comments that they'd probably be used to fund terrorism as almost an afterthought? Or Obama saying in 2011 that “We signed into law the biggest middle-class tax cut in history”? Or Obama saying: “The day after Benghazi happened, I acknowledged that it was an act of terrorism”? Or Obama's claim that “The Keystone pipeline is for oil that bypasses the United States”?
I don't see the word promise in there either.
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  #442  
Old 06-14-2018, 12:44 PM
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finnbow finnbow is offline
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An escalating trade war could wipe out the benefits of the Republican tax law passed last fall, President Trump's former top economic adviser said Thursday.

Gary Cohn, who served as Trump's director of the National Economic Council, said that retaliatory tariffs between countries could drive up inflation and prompt American consumers to take on more debt, possibly pushing the country into another economic downturn.

“If you end up with a tariff battle, you will end up with price inflation, and you could end up with consumer debt,” Cohn, a former Goldman Sachs executive, said at a Washington Post Live event. “Those are all historic ingredients for an economic slowdown.”


https://www.washingtonpost.com/news/...conomist-says/
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  #443  
Old 06-14-2018, 01:15 PM
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whell whell is offline
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I'll see your "could happen", "might happen" article with this:

New applications for U.S. unemployment benefits unexpectedly fell last week and the number of Americans on jobless rolls declined to a near 44-1/2-year low, pointing to a rapidly tightening labor market.
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  #444  
Old 06-14-2018, 01:16 PM
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whell whell is offline
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Originally Posted by finnbow View Post
I don't see the word promise in there either.
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  #445  
Old 06-18-2018, 09:44 AM
Chicks Chicks is offline
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New economics research shows why Donald Trump’s corporate tax cut won’t boost paychecks

https://qz.com/1304713/tax-havens-ex...ost-paychecks/

The corporate tax cuts enacted by president Donald Trump and the Republican party are supposed to lure investment back to the US, leading to an increase in wages for working Americans.

But workers’ wages have grown half as slowly in the first five months of 2018, with the tax law in force, compared to the first five months of 2017. And average worker wages were actually higher before the tax law was enacted.

Why haven’t predictions of rising wages come true? An ambitious new paper released by economists Thomas Tørsløv, Ludvig Wier and Gabriel Zucman argues that the tax bill contains a fundamental misunderstanding about global capitalism.
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  #446  
Old 06-20-2018, 07:44 AM
Chicks Chicks is offline
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Why Trump is wrong about the 'greatest economy' in history

Just another in a long list of his lies.

https://finance.yahoo.com/news/trump...140003521.html
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  #447  
Old 06-21-2018, 05:37 PM
Chicks Chicks is offline
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The Dotard hasn’t tweeted about the Dow in a while. I wonder why? Could it be because, almost six months in, it’s negative YTD? Sounds like the Obama tailwinds have tapered off. Who will he blame when it all goes up in smoke?
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  #448  
Old 06-22-2018, 06:15 AM
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OK guys, I concede. You're correct on this one. Supply side isn't the rising tide that is lifting all boats. Especially at Finn's favorite paper. Wonder what's up with that??

http://dearjeffbezos.pagedemo.co/
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  #449  
Old 06-22-2018, 06:17 AM
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whell whell is offline
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Originally Posted by Chicks View Post
The Dotard hasn’t tweeted about the Dow in a while. I wonder why? Could it be because, almost six months in, it’s negative YTD? Sounds like the Obama tailwinds have tapered off. Who will he blame when it all goes up in smoke?
Looks pretty good to me:

http://www.macrotrends.net/1358/dow-...-last-10-years

If you're all about measuring stock market performance in a limited window, you're screwed from the get go.
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  #450  
Old 06-22-2018, 08:07 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by whell View Post
Looks pretty good to me:

http://www.macrotrends.net/1358/dow-...-last-10-years

If you're all about measuring stock market performance in a limited window, you're screwed from the get go.
You're the idjit who screamed to the heavens for every little anecdote that seemed to reflect well on your Lying Dotard (e.g., the Carrier deal) until it didn't.
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