Trump's Big Mistake

[machidafan99]

I believe Nassim Taleb is correct that Trump is buying the market "on its highs" though he's inherited a very sick situation whereas Obama benefited from 8 years of the Fed goosing the markets.

Stamped 6:21 in.

 

[EZShrimpn]

The effects of the tax bill are going to cause the markets to be bullish for the near future and likely through 2019. The new withholding rules from the IRS are going to be another shot in the arm. investment from repatriated funds and consumer spending are not going to show decline anytime in the near term.

 

[machidafan99]

The effects of the tax bill are going to cause the markets to be bullish for the near future and likely through 2019. The new withholding rules from the IRS are going to be another shot in the arm.

I hope you are correct. I'm not sure that extra money will stay in or flood the stock markets, I can't predict that. That money could also flow elsewhere.

 

[Rational Poster]

The effects of the tax bill are going to cause the markets to be bullish for the near future and likely through 2019. The new withholding rules from the IRS are going to be another shot in the arm. investment from repatriated funds and consumer spending are not going to show decline anytime in the near term.

So what you're saying is the stocks are going to keep going up but my pay isn't?

 

[EZShrimpn]

So what you're saying is the stocks are going to keep going up but my pay isn't?

Your take home pay is going to be higher because of the new withholding rules.

 

[Rational Poster]

Your take home pay is going to be higher because of the new withholding rules.

But my pay isn't going to actually increase.

 

[EZShrimpn]

But my pay isn't going to actually increase.

No you have to negotiate your own pay. This isn't the Soviet Union.

 

[Rational Poster]

No you have to negotiate your own pay. This isn't the Soviet Union.

But I thought the wealth is supposed to trickle down.

 

[Exception]

No you have to negotiate your own pay. This isn't the Soviet Union.

Lmfao. Got'em

 

[EZShrimpn]

But I thought the wealth is supposed to trickle down.

You sound lazy.

 

[uncommon]

But my pay isn't going to actually increase.

The market has a way of correcting "democratic" distrubution by increasing cost of living (rent food prices ect.)

the problem seems to be if you try to make the cost of living cheaper through tech, the lower rungs of society become increasingly obsolete calling for a feedback loop of increased tech/ increased cost of living.

the root cause of economic problems isnt cost of living but lack of opportunity brought upon through technological innovation.

the more people are needed the easier it will be for them to live

the less people are needed the more they will pay for rent and food.

if you try to subsidize rent, food cost will increase

if you food stamp rent increases

if you do both debt increases ect.

 

[Rational Poster]

You sound lazy.

But they told me they needed more tax cuts and then the wealth would trickle down.

I'm just listening.

My company's revenue increased by 100% last year but my pay only increased by 3%.

And that was before the tax cuts.

 

[EZShrimpn]

But they told me they needed more tax cuts and then the wealth would trickle down.

I'm just listening.

My company's revnue increased by 100% last year but my pay only increased by 3%.

Yeah and you told me if I sit around on my ass and shitpost someone will invent Star Trek replicators that make food and drugs from fusion energy and I won't have to work and then we'll all get free money and fuck aliens with 3 tits on the holodeck all day.

Lots of people have unrealistic expectations and utopian ideals.

 

[Rational Poster]

Yeah and you told me if I sit around on my ass and shitpost someone will invent Star Trek replicators and I won't have to work and then we'll all get free money and fuck aliens with 3 tits on the holodeck all day.

Oh wow you took my joke serious.

You're a special sort of asshole aren't you?

Emphasis on special.

 

[EZShrimpn]

Oh wow you took my joke serious.

Yeah guys that was just a joke, lol.

 

[Rational Poster]

Yeah guys that was just a joke, lol.

Starting to feel bad for you actually..

 

[Rod1]

So the markets are overheated and a tax cut just passed which will lead to a very tight budget to deal with a recession.

Trump just needs to start a war and then he will have cemented his Bush third term legacy.

 

[EZShrimpn]

Starting to feel bad for you actually..

Says the guy who is arguing against people taking their posts seriously?

 

[Rod1]

Also its not a mistake, this is by design, these corrupt people will reap as much as they can and then bail out with their golden parachutes.

 

[Rational Poster]

The market has a way of correcting "democratic" distrubution by increasing cost of living (rent food prices ect.)

the problem seems to be if you try to make the cost of living cheaper through tech, the lower rungs of society become increasingly obsolete calling for a feedback loop of increased tech/ increased cost of living.

the root cause of economic problems isnt cost of living but lack of opportunity brought upon through technological innovation.

the more people are needed the easier it will be for them to live

the less people are needed the more they will pay for rent and food.

if you try to subsidize rent, food cost will increase

if you food stamp rent increases

if you do both debt increases ect.

I'm not asking for democratic redistribution.

I'm asking the employers to start paying their employees a fair share in every industry.

How long do we have to look at record profits before you drones wake up and ask for your share?