Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Economy grows at .7%. LOL. The Trump effect.....weakest in THREE YEARS!. 

By: clo in FFFT3 | Recommend this post (2)
Fri, 28 Apr 17 11:52 PM | 57 view(s)
Boardmark this board | Food For Further Thought 3 		Msg. 32288 of 65535
(This msg. is a reply to 32284 by oldCADuser)
Jump:
Jump to board:
Jump to msg. #

Unless CONSUMERS have more money to buy goods, corporations have NO NEED to expand, & hire more employees.

Giving money to the top tier will never improve GDP, they already buy whatever they want.

Now, if we had a single payer health plan, companies would not have to worry about sharing those costs. Nor would employees need to worry about who they worked for.
A win-win.




Avatar

DO SOMETHING!

» You can also:
- - - - -
The above is a reply to the following message:
Re: Economy grows at .7%. LOL. The Trump effect.....weakest in THREE YEARS!.
By: oldCADuser in FFFT3
Fri, 28 Apr 17 8:22 PM 		Msg. 32284 of 65535

This is going to take the wind out of Trump's proposed tax cuts. No way in hell is he going to be able to sell the idea that a guaranteed 3+% GDP growth will be all we need to finally create a "trickle-down" effect, which BTW has NEVER materialized in the past when taxes were cut.

In fact that only time in recent history that the GDP grew WITHOUT the deficit going through the roof was when Bill Clinton RAISED taxes. Bush's tax cuts almost bankrupted the country. There is no reason to suspect that Trump's won't either.

« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next