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Re: We're so f*cked
Posted:
Tue Dec 19, 2017 3:35 pm
by Spider
To be honest, Hoover did that.
Re: We're so f*cked
Posted:
Wed Dec 20, 2017 11:22 am
by Spider
Re: We're so f*cked
Posted:
Wed Dec 20, 2017 1:18 pm
by Kane
Meh. All the Trumptards can soon enjoy the spoils of their war with...jobs still moving out of country, corporate profits increasing while wages stay relatively flat, and infrastructure investment existing merely as a joke. No wall. Opoid problem still isn't being taken very seriously. No healthcare alternative. Etc.
Re: We're so f*cked
Posted:
Wed Dec 20, 2017 4:57 pm
by Spider
None of that matters. All just lip service. They got their corporate tax cut through. That's what they care about. Everything else is a distraction. They'll be jerking off to that for years.
Will the people benefit? Nope. Will 20th century low skill manufacturing return? Not a chance. But the people, especially the ones who haven't even been born yet, will absolutely will pay those taxes for those corps. Someday. One way or another. Plus billions in interest.
Re: We're so f*cked
Posted:
Wed Dec 20, 2017 5:29 pm
by Kane
Meh, the spending side really doesn't irk me that much. We control our currency, it's in high demand, blah blah blah. The Republicans took that up under Obama and the Dems are taking it up now. Debt to GDP in Japan is twice what it is in the US and it doesn't seem to be affecting them all that much. The US suffering something catastrophic is really the only way the dollar/UST could be affected acutely in a fashion that's largely detrimental to the economy ala Greece.
It's the opportunity cost that has to hurt the most. Just squandered an unnecessary sum on supply side economics when it's more demand side that needs help today. Infrastructure would've given back bigger dividends than this bill and it's an investment that lasts decades as opposed until 2025. Plus you'll soon have the GOP up in arms about the debt/deficit again in an effort to gin up demand for entitlement reform.
It's just plain dumb as a long term strategy towards growth. It has built in gimmicks that businesses will look at and determine there's no real way to plan for the future five or ten years out because of the tentative nature of the bill. It doesn't add stability to anything except for profits. Expensing tax free for five years doesn't do anything if a given business makes the determination that it makes more to sense to plan for expensing into the next decade.
I look at the market today and I wonder if people thought the final bill would be...better?
Re: We're so f*cked
Posted:
Thu Dec 21, 2017 12:06 pm
by spacemonkey
Another good thing is the extortion aka personal mandate of ACA will be ending.
Re: We're so f*cked
Posted:
Thu Dec 21, 2017 2:54 pm
by Kane
Trump and Haley warn against voting for the UN resolution condemning the US' designation of Jerusalem as the Jewish Capital and the world throws down.
http://thehill.com/policy/international ... m-decisionNow what? Gonna punish the world by leaving the UN and removing all US funding?
The world just made our President look like the absolute idiot that he is. Wow.
Re: We're so f*cked
Posted:
Thu Dec 21, 2017 3:00 pm
by John Galt
Re: We're so f*cked
Posted:
Thu Dec 21, 2017 3:14 pm
by Spider
Y'all. Fantasy scenario: The US is an island. You're stuck there. What 10 items in your bag?
Re: We're so f*cked
Posted:
Thu Dec 21, 2017 3:23 pm
by John Galt
FN Scar, 8x adjustable scope, massive box of ammo, and 7 bottles of whiskey