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The retarded thread: Fuck, §m£ÂgØL made one first edition
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2017-01-26 at 8:04 AM UTC
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2017-01-26 at 8:10 AM UTCim dying
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2017-01-26 at 1:32 PM UTCAlrighty here I go to work at 8 am for the first time in like 10 years. I'm just glad I woke up. I'm actually feeling pretty good mannnnnnnnnnnnnnn. Gonna eat a banana. Bai
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2017-01-26 at 1:34 PM UTCBecause of demographics, baby boomers leaving the workforce and millenials at low participation 3-4% growth will be IMPOSSIBLE!. At the end of the year as everything is crashing and burning job numbers will go from maybe 80k to 20-30k for a long time.
Enjoy your DOW 20,000 now. Shits gonna get ugly in the next few months and all trump is gonna do is slash taxes and build and the debt will skyrocket. -
2017-01-26 at 1:38 PM UTC
Originally posted by SCronaldo_J_Trump Because of demographics, baby boomers leaving the workforce and millenials at low participation 3-4% growth will be IMPOSSIBLE!. At the end of the year as everything is crashing and burning job numbers will go from maybe 80k to 20-30k for a long time.
Enjoy your DOW 20,000 now. Shits gonna get ugly in the next few months and all trump is gonna do is slash taxes and build and the debt will skyrocket.
Nobody cares lol -
2017-01-26 at 1:51 PM UTCYou will care when crude hits $10 and everything falls after
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2017-01-26 at 5:49 PM UTC
Originally posted by SCronaldo_J_Trump Because of demographics, baby boomers leaving the workforce and millenials at low participation 3-4% growth will be IMPOSSIBLE!. At the end of the year as everything is crashing and burning job numbers will go from maybe 80k to 20-30k for a long time.
Enjoy your DOW 20,000 now. Shits gonna get ugly in the next few months and all trump is gonna do is slash taxes and build and the debt will skyrocket.
Cutting corporate taxes will stimulate growth though. Besides the national debt has been the specter of doom looming over America for a long while now. What needs to happen is that the Fed has to increase rates to more realistic levels. Traditionally the way in which the market judges the economy is by interest rates. By keeping them artificially low, stimulating bubbles, the Fed is doing more harm then good. The interest rates need to go way up, and of course that will mean a crash as all the bubbles pop. But if Trump and the Fed take a hands off approach afterwards the market will correct itself and we will be able to start to see some real growth. -
2017-01-26 at 6:23 PM UTC
Originally posted by Sophie Cutting corporate taxes will stimulate growth though.
It has to be true, look, it says it right here in the Holy Dogma of Laffer Economics! -
2017-01-26 at 7:41 PM UTC
Originally posted by Malice How I feel after getting a day's worth of calories from beef and barbecue sauce:
Not sure if there's anything I crave more than red meat. It's simply the most nutritious and delicious substance to my palate; my nature is practically vampiric! I can't help it, I need it to sustain my life. I've even imagined, umm, well, I forgot.
I'm gone, niggas
Absolutely no stomach discomfort from this much meat, despite my ailment, btw. Nothing better than, oh!, imagining the entire process of life that went up to nurturing you!! SO MUCH LIFE FORCE FLOWING INTO ME~~!!!
Post last edited by Malice at 2017-01-25T09:17:41.340623+00:00
FUCK YES MALICE KNOWS WHATS UP
BEEF BEEF BEEEEEEEEEEEF
B E E F
E
E
F
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
WHERE THE FUCK IS THE BRISKET
CHUCK ROASTS
EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
BEEEEEEEF -
2017-01-26 at 7:56 PM UTCCutting corporate taxes can stimulate growth but there is NO GROWTH TO STIMULATE.
Baby boomers do not "grow" they pay down debt, they don't buy houses, the retire and Die. There are not enough of us to replace the declining participation.
What will happen is slowly more boomers will retire and die and 85% participation will rapidly fall to 50% as millenials crawl to the same number which leaves this huge gap thats supposed to be filled by what? Immigration? From mexico and Syria?. Europe already crashed so did Japan and China and ALL THESE PLACES are sick of immigrants too.
3-4% growth is impossible there is no way it will happen, next 3 years will be crashing and there's nothing anyone can do.
The only thing to do is look for opportunities during/after the crash because there will be lots as things change. -
2017-01-26 at 9:07 PM UTC
Originally posted by Lanny It has to be true, look, it says it right here in the Holy Dogma of Laffer Economics!
Yeah just like having Glorious Communist Autocracy will bring Utopia because a couple of Marxists got together and said so.
It's econ 101 ya goof. What do corporations want to do? They want to make a profit. How do they make a profit? By investing money that will have decent returns. How do corporations get more money to invest? Well, one way is by lowering their taxes.
The notion that corporations or business owners are just going to sit on a pile of money with a monocle in their eye while cackling maniacally, instead of investing their capital to grow their business, is childish. -
2017-01-26 at 9:27 PM UTC
Originally posted by Lanny It has to be true, look, it says it right here in the Holy Dogma of Laffer Economics!
He's absolutely right. He said nothing about it leading to a general increase in tax revenue (as if we'd care about that), which indeed is absolutely false, all you have to do is grasp the basic math to realize this, and of course empirical studies overwhelmingly support this. You're arguing against prole misconceptions of economics. -
2017-01-26 at 10:22 PM UTC
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2017-01-26 at 10:23 PM UTCPOST UR ROACH COLECTION
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2017-01-27 at 12:22 AM UTC
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2017-01-27 at 1:18 AM UTC
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2017-01-27 at 1:28 AM UTCAh shit that reminds me I forgot to go triangel hunting. Tomorrow. Yes, tomorrow.
Bling do you really just happen to own an albino cockroach? LUL -
2017-01-27 at 1:34 AM UTC
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2017-01-27 at 3:05 AM UTC
Originally posted by Sophie It's econ 101 ya goof. What do corporations want to do? They want to make a profit. How do they make a profit? By investing money that will have decent returns. How do corporations get more money to invest? Well, one way is by lowering their taxes.
Another way is to levy a tax on citizens and funnel the revenue directly into the hands of private businesses, which we already do a fair amount of, but somehow this seems like a problematic approach to generating economic growth.
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2017-01-27 at 4:52 AM UTC