You don't get to Dunning-Kruger your way through this debate because you're a sophist who deliberately withholds exculpatory information; nothing you ever say here is the full story. You are always lying by omission because that's what you've done your whole life, and you simply don't know how to act any other way.
Daily reminder that the market is below what it was before the Russia Tax Cut
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You don't get to Dunning-Kruger your way through this debate because you're a sophist who deliberately withholds exculpatory information; nothing you ever say here is the full story. You are always lying by omission because that's what you've done your whole life, and you simply don't know how to act any other way.
cawacko
Well-known member
Personal attack’s, can’t talk about the market.
It was pitched back in 2017 as having a positive effect on the market.
But we don't need to see a lower market to judge its failures; we can simply look at the unfulfilled promises made of it to judge it a failure:
You all promised wages would grow $4,000-$9,000
You all promised it would "pay for itself"
You all promised it would spur investment and expansion
You all promised it would repatriate tax revenues
You all promised it would stop outsourcing and offshoring
You were wrong about all of it.
The only metric of success is how much it grew the deficit and debt, which you judge as a success because it gives you the justification you seek to cut the spending to which you are ideologically opposed, but lack the courage, will, and support to repeal through conventional legislation.
Tax cuts are fiscal terrorism, and you are their terrorist apologist.
Getin the ring
Verified User
DAily reminder that the nut-bags are STILL triggered over two years later
She lost, and she is not coming back
She lost, and she is not coming back
So you shut down the government before for nothing.
Go ahead and declare a national emergency over the wall. Then when we have President Warren or President Harris in 2021, they can just declare a national emergency and institute single payer, gun control, higher taxes on the rich, and a green new deal.
DAily reminder that the nut-bags are STILL triggered over two years later
She lost, and she is not coming back
You got so triggered over an election two months ago that you shut down the government for nothing.
NOTHING.
No wall for you.
Getin the ring
Verified User
pardon me if I don't talk to "stupid" today, your triggered state of mind sounds like a broken record
I am 100 percent positive there was no intention for the trickledown tax cut scheme to actually deliver on these promises.
We just have to look at the recent history of trickledown economics during the Bush regime, and during the State of Kansas Brownback disaster to know they are not effective.
The goal was obviously to reward the affluent investor class, and to engineer a manufactured fiscal crisis so Republicans can clutch their pearls and holler that we simply don't have enough money for a social welfare state.
You all promised the market would reach new heights if your Russia Tax Cut was passed.
Fast forward 12 1/2 months and the market is now below what it was before the Russia Tax Cut.
Why are you still defending it? Don't understand your slavish devotion to it.
"CAVE TO A GRANDMA" doesn't have that same ring to it as "BUILD THAT WALL"
Getin the ring
Verified User
and we don't understand your insistence to literally start an entire thread on a subject you are ignorant on.
the stock market is based on a lot of different factors, most of which have nothing to do with anything you want to blame it on.
The stock MArket is a ruse orchestrated by a lot of fat cats using your money to make themselves rich.
So do yourself a favor, put your 9.98 cents
into the market and sit back and watch it oscillate back and forth at someones elses whim, and thank your stars if it happens to be on the upswing when you need it. otherwise your bellyaching as if you understand it's inner workings just makes you look stupid, as use to that as you may becanceled.2021.3
Former Vice President
It isn't a lie that the DOW has dropped
It is a lie that tax cuts had anything to do with it. Anyone who suggest such a nonsensical thing is a complete fucking retard. Are you a complete fucking retard? It is OK if you are
cawacko
Well-known member
Your subject is about the market being down. You can’t discuss the real driver of the market which is the Fed.
Tax reform is a different topic. Tax reform isn’t driving the stock market down.
floridafan
Verified User
Tax cuts were a failure for all but the wealthiest Americans. Read into that anything you want, but the fact is that for almost 14 months the market has been a failure for investors.
You're the ignoramuses who made promises of the Russia Tax Cut that never came to pass.
You got conned.
Again.
There's a reason you keep getting conned over and over, and it has nothing to do with Trump, or the media, or the Democrats, or liberals.
You all said that if we passed your Russia Tax Cut, that the market would grow.
Instead, the market dropped and is now below what it was before the tax cut started.
So your tax cut didn't deliver on the promises you made of it.
You got conned, just like you got conned over the wall.
Back in December 2017 and January 2018, you all said the tax cut would grow the market.
Now you're retconning the whole thing.
The Fed isn't the reason the tax cut failed to deliver on its promises.
The reason is that Conservative economics only "worK" when every variable is controlled in a vacuum.
Reality ...
DOW on January 29th 2018 - 26,439.48
Opening DOW on January 29th 2019 - 24,575.41
Anyone disputing this FACT!
Sure it is.
Q1 & Q2 earnings were much higher than expected because of the boost to corporate after-tax earnings (earnings you promised would lead to expansion and investment).
That created a sugar high and those same earnings expectations were not met for Q3 and Q4 (And neither was the expansion and investment you predicted).
All because of your Russia Tax Cut.
You got conned because you have a weak mind, bad instincts, poor judgment, and rotten character.