The Donald Trump Thread

[sethnintendo]

bigjon said:

sethnintendo said:

GDP was going on same growth at end of Obama's turn.  He didn't inherit a turd and instead got a decent humming along economy to begin with.  Let's not pat ourselves on the back too much now.  Sure wall street is inflated more now because they are banking on the tax cuts but lets not kid ourselves.  There are some very well off companies making bank even without tax cuts.  Hell with all the loopholes there are even some companies that actually have a negative tax rate, but please let as close all deductions from individual tax payer while lower the corporate tax rate and still not closing the deduction and loopholes of business.  It's all for the middle class. 

possible. It is also possible that because of Bush/ Obama that Wall Street was depressed and we are seeing a market correction. 

The tax cuts are big IMO. You can see the effect that corporate tax rates have between the states(for instance South Carolina has laws that make them very enticing to companies and have landed scores corporate developments), the same applies between nations. 

You don't know shit about the stock market do you?  The stock market has been steadily rising for years.

http://money.cnn.com/2016/03/09/investing/stocks-bull-market-turns-seven/index.html

You know since it hit rock bottom after the 08 crash...

Let me just give you a stock for example.  U haul stock (truck and storage rental, aka used for moving).  Look at their stock.  Right about 2009 it went from 37 dollars a share to current 353 dollars a share.

https://finance.yahoo.com/quote/UHAL/

Now there is a company that would have been nice to invest in 2009.

Last edited by sethnintendo - on 18 November 2017