Supply-Side Economics

[Chicks]

Originally Posted by whell

So you like 'em book - smart, even if history shows they're arrogant, argumentative, won't listen to other folks, and mistake - prone. Good for you.

Sounds like your resume, minus the book smart part. I mean, how much learnin' does it take to be an HR flunky, after all.

[Chicks]

Apple just fueled everyone's biggest fear about how companies are going to use their extra tax reform cash

https://finance.yahoo.com/news/apple...134750037.html

When President Donald Trump's massive tax plan was announced, experts immediately feared the worst about how companies would spend the additional cash they'd soon have for deployment.

They figured corporations would choose to enrich shareholders through buybacks and dividends, rather than reinvest in their own businesses or create jobs.

And their fears were valid. Back in 2004, the last time a tax holiday occurred, companies used a whopping 80% of their proceeds on share repurchases. This time around, Bank of America Merrill Lynch expects just 50% of it to be used for buybacks — but the jury is still out.

Apple didn't help matters much on Tuesday, when it said it'll buy back an additional $100 billion in stock — an eye-popping number that marks the biggest increase on record for a company already known for their history of massive repurchases.

[barbara]

I have not been following this thread very closely, but I thought this article might be appropriate.
http://www.businessinsider.com/trump...mistake-2018-5

[Chicks]

Originally Posted by barbara

I have not been following this thread very closely, but I thought this article might be appropriate.
http://www.businessinsider.com/trump...mistake-2018-5

Over 1,100 leading economists sent a letter to President Donald Trump urging the president to reverse course on recent trade tactics — lest the US repeat one of the biggest mistakes of the Great Depression.

The letter, organized by the conservative-leaning National Taxpayers Union, warned that recent tariffs and trade protectionism were harmful to the US economy. The economists cited a 1930 letter that warned Congress against passing the Smoot-Hawley Act, a large package of tariffs that many studies cite as a major reason for the depth of the Great Depression.

Poor Whell must be in panic mode right now, lol.

[whell]

Originally Posted by Chicks

Poor Whell must be in panic mode right now, lol.

Nah. Its always good see some of you realize that Roosevelt's policies lengthened the Great Depression.

[bobabode]

Always a pleasure watching you moan about your glass being half full of bilge, Mike.

[finnbow]

Originally Posted by bobabode

Always a pleasure watching you moan about your glass being half full of bilge, Mike.

At least he's consistent. Consistently wrong ... and he wears it proudly. In Trumpworld, being insistently and consistently wrong is deserving of a Trumpian Iron Cross of Merit.

[nailer]

Originally Posted by whell

Nah. Its always good see some of you realize that Roosevelt's policies lengthened the Great Depression.

If the Republicans had remained in power we'd probably still be in the Great Depression.

[Dondilion]

Originally Posted by nailer

If the Republicans had remained in power we'd probably still be in the Great Depression.

Good one!

[donquixote99]

Tarriffs with Europe on hold, but he apparently still thinks he can win a trade war with China, easily.