Thread: #SummaCumLiar
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Old 03-06-2019, 03:26 PM   #7
Jim in CT
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Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by Pete F. View Post
Trump’s Big Tax Cuts Did Little to Boost Economic Growth
His revisions to regulations did more, but all at a cost that history will reveal.

https://www.bloomberg.com/news/artic...conomic-growth
Do you subscribe to some sort of irrational, Trump-bashers feed?

Your declined to admit a correlation between corporate tax cuts and corporate investment.

(1) did it mention the investment undertaken by companies whose CEO's said clearly, that additional investment was directly because of the tax cuts? Comcast, which owns NBC and NBC and is therefore no Trump boot licker, announced massive investments and said it was because of the tax cuts. Bloomberg might not like that, that's there problem.

(2) How about increased consumer spending? Some consumer spending was triggered by tax cuts, and some corporate investments were undertaken because of consumer spending.



It's pretty hard to predict what the economy would have done, had things been different. Lots of moving pieces.

Last edited by Jim in CT; 03-06-2019 at 03:34 PM..
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