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[wdmso]

Originally Posted by Jim in CT

First, I asked you what obama did that was better for the working poor than the gop tax overhaul.

Would it kill you to admit that yes, while the gop tax plan will help the wealthy, it’s also helping the average working Joe, too? Are you afraid you’d explode if you admitted that?


Posted from my iPhone/Mobile device

8 years of Obama is why the economic out look is better
Not because of Trumps tax break .. the gop helped the wealthy as soon as it passed .. your trickle down hasn't helped the avg working Joe ... as you suggest let's see in 4 year when there is data aka facts to support your suggestion

[Jim in CT]

Originally Posted by wdmso

8 years of Obama is why the economic out look is better
Not because of Trumps tax break .. the gop helped the wealthy as soon as it passed .. your trickle down hasn't helped the avg working Joe ... as you suggest let's see in 4 year when there is data aka facts to support your suggestion

All. Heard during the obama years was that people at the bottom missed out on the recovery. Specifically what did obama do that helps these people more than tax reform?
Posted from my iPhone/Mobile device

[wdmso]

Originally Posted by Jim in CT

All. Heard during the obama years was that people at the bottom missed out on the recovery. Specifically what did obama do that helps these people more than tax reform?
Posted from my iPhone/Mobile device

Again you assume this Tax cut is going to help those at the bottom overnight where the 8 year recover has clearly helped those at the top disproportionately to those on the bottom ..

and your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom .. the tax cut they changed the rules for so it would pass ..or the only way it would pass with less than 60 votes 51-48 Vote unlike ACA you use alot but which passed with in the rules 60-39
But you seem to avoid this truth with great effort

but will champion the stock market today but before Trump took office it didnt count just like the unemployment numbers or job growth numbers which were labeled as fake .. but Magically under Trump and republicans Now they count and mean something

Only 44 percent of private sector workers participate in a defined contribution plan.

why do you think that Why Americans saving so little for retirement? There are a few reasons:

-They simply are too broke to save

-The stock market has turned into a wild casino

-Many options within 401ks are loaded with wild expenses that eat away at your returns

-Lack of financial literacy

[detbuch]

Originally Posted by wdmso

Again you assume this Tax cut is going to help those at the bottom overnight where the 8 year recover has clearly helped those at the top disproportionately to those on the bottom ..

So what was so good about the 8 year recovery if it helped those at the top disproportionately?

and your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom .. the tax cut they changed the rules for so it would pass ..or the only way it would pass with less than 60 votes 51-48 Vote unlike ACA you use alot but which passed with in the rules 60-39
But you seem to avoid this truth with great effort

Who's avoiding this truth? Senate rules have changed several times so the party in power can do what it wants. There is no constitutional requirement that the Senate must make rules according to an established order. The Dems have changed rules.

but will champion the stock market today but before Trump took office it didnt count just like the unemployment numbers or job growth numbers which were labeled as fake .. but Magically under Trump and republicans Now they count and mean something

According to you, the Trump numbers don't count, they don't mean something, they are fake, they are really Obama numbers not Trump numbers.

Only 44 percent of private sector workers participate in a defined contribution plan.

why do you think that Why Americans saving so little for retirement? There are a few reasons:

-They are simply too broke to save

The Obama "recovery" should have fixed that problem. Actually employed Americans have always been able to save. It has always been a matter of what to spend money on.

-The stock market has turned into a wild casino

But you attribute the rising stock prices all to Obama.

-Many options within 401ks are loaded with wild expenses that eat away at your returns

-Lack of financial literacy

Now those things are clearly attributable to Trump policies.

[Jim in CT]

Originally Posted by wdmso

Again you assume this Tax cut is going to help those at the bottom overnight where the 8 year recover has clearly helped those at the top disproportionately to those on the bottom ..

and your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom .. the tax cut they changed the rules for so it would pass ..or the only way it would pass with less than 60 votes 51-48 Vote unlike ACA you use alot but which passed with in the rules 60-39
But you seem to avoid this truth with great effort

but will champion the stock market today but before Trump took office it didnt count just like the unemployment numbers or job growth numbers which were labeled as fake .. but Magically under Trump and republicans Now they count and mean something

Only 44 percent of private sector workers participate in a defined contribution plan.

why do you think that Why Americans saving so little for retirement? There are a few reasons:

-They simply are too broke to save

-The stock market has turned into a wild casino

-Many options within 401ks are loaded with wild expenses that eat away at your returns

-Lack of financial literacy

"Again you assume this Tax cut is going to help those at the bottom overnight"

No I do not assume that, it's based on empirical evidence of companies announcing raises, bonuses, new jobs. I give Obama credit for helping the economy. But not once did the Democrats do anything that incentivized companies to reward rank-and-file employees in this fashion.

"your Tax cut has done the same over night...clearly helped those at the top disproportionately to those on the bottom"

When the economy grows, those at the top benefit more. You think that didn't happen when the stock market shot up during the Obama years? Or is income inequality only bad when the president is a republican?

"will champion the stock market today but before Trump took office it didnt count"

I always give Obama some credit for the stock market increase. Can you tell me if that helped the rich disproportionately?

"Only 44 percent of private sector workers participate in a defined contribution plan."

Because pensions are not viable or realistic. The reason the exist in the public sector is that you can just take my money with force of law. In the private sector, you have to make me choose to give you my money, and consumers want a low price, they aren't willing to pay exorbitant prices to companies that give pensions. You don't look for low prices?

[scottw]

Originally Posted by wdmso

8 years of Obama is why the economic out look is better

that's pretty funny

[wdmso]

Originally Posted by scottw

that's pretty funny

funny but true .. and in 3 years there will be data to see the True Trump affect good or bad

[detbuch]

Originally Posted by wdmso

funny but true ..

Could you please flesh out that simplistic opinion?

What if Obama and the Dems, in his first year, passed a tax bill similar to the current one? Would a lot of corporations have brought back, to the U.S., tax sheltered money? How many hundreds of billions of dollars would have been added to the U.S. treasury? And how many foreign companies would have decided to move to the U.S.? And how much more disposable income would the aggregate public have to spend into the economy? And how many more people could be employed in the expanded economy?

[scottw]

the left prefers a stick to a carrot

[wdmso]

Originally Posted by detbuch

Could you please flesh out that simplistic opinion?

What if Obama and the Dems, in his first year, passed a tax bill similar to the current one? Would a lot of corporations have brought back, to the U.S., tax sheltered money? How many hundreds of billions of dollars would have been added to the U.S. treasury? And how many foreign companies would have decided to move to the U.S.? And how much more disposable income would the aggregate public have to spend into the economy? And how many more people could be employed in the expanded economy?

its very simple take economic data from election day 2008 to when Trump took office 2016 tada you have hard data

then we do the same with Trump in 4 years and Tada we have hard data could be positive could be negative

your in your time machine again talking what if's

[detbuch]

Originally Posted by wdmso

its very simple take economic data from election day 2008 to when Trump took office 2016 tada you have hard data

then we do the same with Trump in 4 years and Tada we have hard data could be positive could be negative

your in your time machine again talking what if's

You propose a what if. Then you pooh pooh me for proposing a what if. WTF is wrong with you?

[spence]

Originally Posted by detbuch

What if Obama and the Dems, in his first year, passed a tax bill similar to the current one? Would a lot of corporations have brought back, to the U.S., tax sheltered money? How many hundreds of billions of dollars would have been added to the U.S. treasury? And how many foreign companies would have decided to move to the U.S.? And how much more disposable income would the aggregate public have to spend into the economy? And how many more people could be employed in the expanded economy?

I think you're ignoring the impact that flying babies have on the stroller industry. It's basic market forces at work.

[detbuch]

Originally Posted by spence

I think you're ignoring the impact that flying babies have on the stroller industry. It's basic market forces at work.

I did not ignore that very significant factor. It has been empirically demonstrated that flying babies have zero impact on the stroller industry. But lower corporate taxes do have a significant impact.

Flying German Shepherds, on the other hand, do have quite an impact. It requires a sturdy stroller cover to protect the baby from the big load of sh*t those dogs are known to drop. Often, as well, we need a defense against loads dropped from incoming flying Spence posts.

[spence]

Originally Posted by detbuch

I did not ignore that very significant factor. It has been empirically demonstrated that flying babies have zero impact on the stroller industry. But lower corporate taxes do have a significant impact.

Flying German Shepherds, on the other hand, do have quite an impact. It requires a sturdy stroller cover to protect the baby from the big load of sh*t those dogs are known to drop. Often, as well, we need a defense against loads dropped from incoming flying Spence posts.

Is there ANY empirical evidence that supports cutting corporate taxes or is it more like a test of faith?