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Moody’s says tax cut will have limited effect on economy.
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Machiavelli Offline
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Post: #1
Moody’s says tax cut will have limited effect on economy.
Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo
01-28-2018 08:21 PM
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oliveandblue Offline
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Post: #2
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

Moody's put AAA ratings behind utter garbage during the housing crisis. They are not to be completely trusted.
01-28-2018 08:31 PM
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Dasville Offline
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Post: #3
RE: Moody’s says tax cut will have limited effect on economy.
Combine tax cuts (really reform) with infrastructure and watch what happens. Throw in a renegotiated Nafta and TPP and watch what happens.
01-28-2018 08:37 PM
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Crebman Offline
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Post: #4
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

It's possible. I guess we will see...
01-28-2018 08:40 PM
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TechRocks Offline
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Post: #5
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

I imagine it would make you happy, right?
01-28-2018 08:41 PM
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shere khan Offline
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Post: #6
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

[Image: ciaraLinnane_480.png]

I'm sure she has her thumb on the pulse of our economy.

"National Economic Council Director Gary Cohn said there is a 100% correlation between the tax policy and what companies are announcing, now that they feel “more comfortable about the economic position they’re in.”

But his former employer, Goldman SachsGS, -0.33% , seems less impressed.

“In practice, we expect no significant short-term effect of tax reform on average hourly earnings — as it excludes irregular bonuses — and only a marginal boost to the employment cost index — as irregular bonuses are smoothed out,” said a recent note by Goldman Sachs economist Daan Struyven.

The S&P 500 SPX, +1.18% has gained 6% so far in 2018, while the Dow Jones Industrial AverageDJIA, +0.85% has tacked on almost 7%."

This may be your weakest post ever.

Why do democrats hate America?
(This post was last modified: 01-28-2018 08:47 PM by shere khan.)
01-28-2018 08:43 PM
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Kronke Offline
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Post: #7
RE: Moody’s says tax cut will have limited effect on economy.
Isn't that the ratings service that rubber-stamped MBSs that they knew were garbage as AAA?

Why are they even still in existence?
01-28-2018 08:51 PM
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shere khan Offline
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Post: #8
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:51 PM)Kronke Wrote:  Isn't that the ratings service that rubber-stamped MBSs that they knew were garbage as AAA?

Why are they even still in existence?
Apparently they are still around to say stupid shite for miserable democrats
01-28-2018 08:58 PM
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bubbapt Offline
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Post: #9
RE: Moody’s says tax cut will have limited effect on economy.
The stock market just went up 5% this month. Companies are pre-paying $250 billion in taxes for 2017 just so they can be ready to bring back $2.5 trillion back into the country.

Are people posting stories like this really this stupid?
01-28-2018 09:14 PM
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ericsrevenge76 Away
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Post: #10
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:43 PM)shere khan Wrote:  
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

[Image: ciaraLinnane_480.png]

I'm sure she has her thumb on the pulse of our economy.

"National Economic Council Director Gary Cohn said there is a 100% correlation between the tax policy and what companies are announcing, now that they feel “more comfortable about the economic position they’re in.”

But his former employer, Goldman SachsGS, -0.33% , seems less impressed.

“In practice, we expect no significant short-term effect of tax reform on average hourly earnings — as it excludes irregular bonuses — and only a marginal boost to the employment cost index — as irregular bonuses are smoothed out,” said a recent note by Goldman Sachs economist Daan Struyven.

The S&P 500 SPX, +1.18% has gained 6% so far in 2018, while the Dow Jones Industrial AverageDJIA, +0.85% has tacked on almost 7%."

This may be your weakest post ever.

Why do democrats hate America?



My thoughts exactly. They have already been proven wrong in dramatic fashion.
01-28-2018 09:38 PM
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blah Offline
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Post: #11
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

Hey Mach....Why don't you send your increased take home to the government?

You Dems are all the same. Pelosi paid her property taxes well in advance to keep her tax break. Do as I say, not as I do.
01-28-2018 11:16 PM
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Mr_XcentricK Offline
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Post: #12
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 09:14 PM)bubbapt Wrote:  The stock market just went up 5% this month. Companies are pre-paying $250 billion in taxes for 2017 just so they can be ready to bring back $2.5 trillion back into the country.

Are people posting stories like this really this stupid?

Using the stock market as the primary gauge how the exonoy is doing is pretty stupid considering only about half of Americans are in the stock market.
01-28-2018 11:57 PM
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Kronke Offline
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Post: #13
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 11:57 PM)Mr_XcentricK Wrote:  
(01-28-2018 09:14 PM)bubbapt Wrote:  The stock market just went up 5% this month. Companies are pre-paying $250 billion in taxes for 2017 just so they can be ready to bring back $2.5 trillion back into the country.

Are people posting stories like this really this stupid?

Using the stock market as the primary gauge how the exonoy is doing is pretty stupid considering only about half of Americans are in the stock market.

Pick whatever metric you'd like, the Trump economy is kicking ass.
01-29-2018 01:14 AM
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JMUDunk Offline
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Post: #14
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

So?

Will it have meaning, more than "limited impact" on working parents out there? Isn't that what really matters?

Well, Duh, yea, not what some entitled "Think Tank" member or whiny public dime skrool teacher thinks.

Does it help a truck driver, check out clerk or shelf stocker?

Why, yes. Yes, it does. Indeedy. The elitist snobs can go pound sand.

Ya'll still don't get why the socialist left lost... Sorry.
01-29-2018 01:50 AM
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JMUDunk Offline
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Post: #15
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 11:57 PM)Mr_XcentricK Wrote:  
(01-28-2018 09:14 PM)bubbapt Wrote:  The stock market just went up 5% this month. Companies are pre-paying $250 billion in taxes for 2017 just so they can be ready to bring back $2.5 trillion back into the country.

Are people posting stories like this really this stupid?

Using the stock market as the primary gauge how the exonoy is doing is pretty stupid considering only about half of Americans are in the stock market.

Lolololoolol

Yea, and the other half are unemployed. So who do you THINK should be in the stoc market?!?

My goodness.

Bless your heart. 07-coffee3
01-29-2018 01:55 AM
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usmbacker Offline
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Post: #16
RE: Moody’s says tax cut will have limited effect on economy.
Mach scours the web trying to find anything he can post to try and discredit a booming economy. Next his delusional mind will be trying to convince us the real booming economy was under that economic genius Obama. Liberals are so shell shocked with the reality of the Trump economy they have no clue how to respond to the reality of it.
(This post was last modified: 01-29-2018 03:39 AM by usmbacker.)
01-29-2018 02:48 AM
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Machiavelli Offline
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Post: #17
RE: Moody’s says tax cut will have limited effect on economy.
One. Why such a visceral reaction? Nowhere in my op did I take a curt stance with any of you.


Two. I do think the article has merit because the vast majority of the money is going into buy backs of company stock. Companies were already at record profits. The one time bonus checks is window dressing. My bi monthly check went up 28 bucks.


Three. I guess a lot of you aren’t worried about becoming Greece anymore. Your guy adds to the deficit and it’s sunshine and lollipops. OK. You needed a win. Time is going to show It’s going to be a hollow one however.
01-29-2018 06:51 AM
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bubbapt Offline
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Post: #18
RE: Moody’s says tax cut will have limited effect on economy.
(01-29-2018 01:55 AM)JMUDunk Wrote:  
(01-28-2018 11:57 PM)Mr_XcentricK Wrote:  
(01-28-2018 09:14 PM)bubbapt Wrote:  The stock market just went up 5% this month. Companies are pre-paying $250 billion in taxes for 2017 just so they can be ready to bring back $2.5 trillion back into the country.

Are people posting stories like this really this stupid?

Using the stock market as the primary gauge how the exonoy is doing is pretty stupid considering only about half of Americans are in the stock market.

Lolololoolol

Yea, and the other half are unemployed. So who do you THINK should be in the stoc market?!?

My goodness.

Bless your heart. 07-coffee3

It’s like somehow, if everyone wallows in failure and mediocrity, that the country will be better off.

A country awash in EBT cards is not a good thing.
01-29-2018 07:22 AM
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bubbapt Offline
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Post: #19
RE: Moody’s says tax cut will have limited effect on economy.
NEW YORK (AP) — Sales and profits picked up for companies at the end of last year, and more say they’re paying their workers higher wages and salaries in the latest signs that the U.S. economy continues to improve.

https://apnews.com/0c205f8be6394a4993d68684a2ba269e
01-29-2018 07:48 AM
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miko33 Offline
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Post: #20
RE: Moody’s says tax cut will have limited effect on economy.
(01-28-2018 08:43 PM)shere khan Wrote:  
(01-28-2018 08:21 PM)Machiavelli Wrote:  Interesting.

You won’t see this on Fox News so I thought I would post it here to help keep my brothers well informed and rounded.


https://www.marketwatch.com/story/tax-ov...yptr=yahoo

[Image: ciaraLinnane_480.png]

I'm sure she has her thumb on the pulse of our economy.

"National Economic Council Director Gary Cohn said there is a 100% correlation between the tax policy and what companies are announcing, now that they feel “more comfortable about the economic position they’re in.”

But his former employer, Goldman SachsGS, -0.33% , seems less impressed.

In practice, we expect no significant short-term effect of tax reform on average hourly earnings — as it excludes irregular bonuses — and only a marginal boost to the employment cost index — as irregular bonuses are smoothed out,” said a recent note by Goldman Sachs economist Daan Struyven.

The S&P 500 SPX, +1.18% has gained 6% so far in 2018, while the Dow Jones Industrial AverageDJIA, +0.85% has tacked on almost 7%."

This may be your weakest post ever.

Why do democrats hate America?

Part of the reason for depressed wage growth is due to illegal immigration.

https://www.forbes.com/sites/timworstall...26933a3fea
01-29-2018 08:13 AM
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