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You are trying to compare oranges to apples.
I am not talking about reinvestment in the public sector. Look at the stock market and the gdp changes since the tax cut. The markets are up dramatically. No one needs a biased government report showing only the stats that favor their position to know that the economy is off the charts after the tax cuts. All you need to do is honestly watch the meaningful indicators. As an example: https://www.marketwatch.com/investing/index/djia/charts The Dow Rocked along at 16 to 18 during th last few years of the Obama administration and began its skyrocket to today’s 27,600 starting the day after Election Day 2016. Folks knew the tax cut was coming and started investing. Get your head out of.... well, just look at the numbers yourself and don’t stop with the markets. Look at things like unemployment numbers in all reported sectors. Drastically decreased unemployment is the result of investment my friend. Lower taxes encourage investment. Wake up and smell the roses. There are none so blind as those who will not see. |
Tax bill signed into law on Dec 22 2017. Dow Jones on Jan 5 2019 was at 25,300. Today it is at 27,800
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And your point is? Do you not like 10% stock market growth? Kind of interesting that you ignored the gains of 2018.
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Didnt over look it. It's been on a fairly steady pace since about 2010 till about 2018 at which it went flat which, conincidenaly was when the tax cuts took effect.
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Does this look “flat” to you? It was at about $17,500 on Election Day 2016 d about $27,500 today. On Election Day, investors knew full well wat was going to happen to tax rates and business choking regulations. Again there are none so blind as those who will not see. Unfortunately, the inevitability is that sooner or later either a socialist or a business choking democrat will bring all this to its knees. Low employment rates are a good thing, it at that time they will go away. |
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On Jan 26, 2018 the DJ was at 26,616. Today the DJ is at 27,711 (as of right now). The low during that time frame was on Dec 21 2018 at 22,445. A 1,000 pt gain over 2 yrs is pretty flat in comparison to the gains made prior to 2018. |
That REALITY Thing Again.....
:D
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Just to help those with poor math skills:
Dow closed at about 18,300 on Election Day 2016 and closed about 27,800 today. That is a 52% gain in almost exactly three years. That’s more than 17% per year. |
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On Jan 5,2018 it was at 25,300. Today it closed at 27,700. A little over 2000 pts in 2 yrs. If you look at the growth from 2017 when he took office (19,800) to Jan of 2018 (25,300) the growth for the last 2 yrs is pretty flat. If the tax cuts were so good, how come the DJ does not reflect it like you say it should? |
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I came over to this part of the forum for some relief from political issues. That didn't work.
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