NASDAQ

>says the economy is fake due to shitty calculations that have changed over the years i.e. part time jobs counting as “one job”
>wins presidency
>fed is crazy dude lmao, but I won’t dismantle it
>LOOK AT THE STOCK NUMBERS LOOK EVERYTHING IS GOOD NOW BECAUSE I WIN
>Starts a trade war with a country that exports more shit to us than we give to them even though tarrifs are the symptom of the problem not THE problem
>still a consumer economy
>more debt, corporate debt is even higher, national debt, household debt, student loan debt etc
>numbers still calculated the same way
>dumbass will now be blamed for the crash and the masses will vote for a socialist faggot promising free gibs
Yep def an NPC move to criticize the president

My god what a perfect get

If you're not day trading, so fucking what. Stop treating the NASDAQ like the minute chart on Bitmex, unless you're day trading. Trends, and months count, not days.

Guys you know interest rates are going up so reduction in liquidity. It’s going to go down. Also the stock market has been artificially been pumped up by central banks around the world.

Also don’t forget Americans have no savings. At least the Chinese have savings.

>dumbass will now be blamed for the crash and the masses will vote for a socialist faggot promising free gibs
If you didn't see the orchestrated left wing backlash the second he backstabbed his base then you're fucking stupid.

Yep. Lots of bad things looming on the horizon its just too time consuming to type it all up. Labor force participation is also low and its heading toward levels we haven’t seen since the early 70s. Rising interest rates of course ontop of all of this. And the fed is going to be dumping all the assets it acquired in 2008

Of course I saw it. Don’t be mad.

MY STOCKS
AAAAAAAAAAAAAAAAAAAAAHHHHH

Checked. And this. Most of the retards who think Trump is (almost) perfect are NPCs that can’t think for themselves. And no, I’m not a liberal.

it really doesnt have much to do with trump. It has to do with the federal reserve. The fed is going to increase interest rates, and the stock market is going to be in big trouble. They been artificially low for too long under obama.
youtube.com/watch?v=Jx1Ys1y2EiE&t=186s

No, I agree with you. Just saying that this has been orchestrated and is becoming increasingly obvious.

also there is huge risk right now because of the emerging markets hyper inflation, and italy is on the verge of bankruptcy. The eu could hardly handle the greece situation. Italy will be a lot more damaging.

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Moral of the story : always invest in cigs

based philip morris

It only went up because of obamas policies, fuck off low iq turd

Well at least shareblue is back to shill against trump on biz and pol

Trump is cutting deficit while Obama had trillions of deficit you mong

trump increased government spending while reducing taxes dumb dumb. The deficit has gone up like another trillion.

how is someone this low iq.. you can literally look up the numbers

Repubs pushed the tax cuts knowing they'd cut at a later point.. the tax cuts were their top goal, not cutting the deficit. Now if they never get the chance to cut spending then guess what happens.

>gives out huge to tax cuts
>thinks the deficit is getting cut

holy shit this is 101 stuff, you dingbat

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people are going to need a cig after all this red, holy fuck.

to be fair tho tax cuts can increase tax revenue. Canada learned the hard way that trickle down economics works.
theglobeandmail.com/politics/article-high-income-earners-paid-46-billion-less-in-taxes-in-2016-despite/

the interest rates are like an insurance policy, being able to lower them means you have a backup plan to revitalize investment in the economy if shit goes south.

obama had them at zero forever, and if there was any hint of raising them the market immediately took a gigantic shit. if there was any real trouble, then the market would have tanked like you haven't fucking seen before and obama would have had no recourse because he was so goddamn busy patting himself on the back, there would be no way to incentivize investment because loans were already as cheap as they could possibly be.

now, the market is still doing well under trump. there will be corrections, as always, but it is still handling the stress well, given trump's aggressive protectionist policies (which are sorely fucking needed) and the raising of the interest rates. there will always be bitching and moaning when free money is taken away, but it will be fine. now fuck off back to r/politics, dickhead.

>tarrifs which are sorely fucking needed
Really?
fortune.com/2018/10/09/ford-stock-today-layoffs-trump-trade-tariffs/

AAAAAAAAAAHHHHHHHHHHHHH

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in any aspect of life, there will always be pain before things are better. you have to exercise to gain the benefits of fitness. you have to study to gain the benefits of education.

globalisation and the rape of the american markets by foreign powers, with no answer, will only lead to the eventual downfall of the united states. we provide global security to the west, we secure international trade routes, our navies patrol the seas and our planes control the skies to protect the shipping vessels of ungrateful allies in the west.

jobs and revenues aren't the only thing at stake here.

youtube.com/watch?v=o--FmUXHPKE

Fuck off Kushnigger.

Steel tariffs have happened before under bush, and it was proven that it causes a net job loss. I can understand in regard to china, but even so.
One thing most Americans cannot grasp is that these protectionary method undermine the dollar. The usa's biggest asset is that the us dollar is the world reserve currency. All these sanctions is encouraging the dedollaring of the world. Even big us allies like germany are thinking of dedollaring. Iran and Venezuela have already rid themselves of the us dollar. If you guys bully china and russia too much they will also follow suit. Also dont forget that china owns most of your debt.

Wanna explain all the other layoffs before the tariffs?

Burgers are too stupid to realize this.

Dollar collapse incoming

>Steel tariffs have happened before under bush, and it was proven that it causes a net job loss.
No, corporations learned a long time ago if they throw a big enough tantrum the government will cuck out and they won't have to pay tariffs or rehire their cut work force.

>The usa's biggest asset is that the us dollar is the world reserve currency.
That's not an asset of individual Americans. Just the government and large corporations who need cheap loans from foreign countries.
>Also dont forget that china owns most of your debt.
Objectively false.

because americans make shitty cars

just like how tariffs dont benefit the average american. Tariffs are a form of tax.
You know more jobs use steel and aluminum to make value added products than the jobs used to make a steel and aluminum right?

Remember February?

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>just like how tariffs dont benefit the average american.
They do. They protect the businesses in our society that won't/can't lower their health and safety standards to third world tier levels.

DELET THIS!

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I don't usually post on Jow Forums but seeing shit like this actually enrages me. Please tell me you don't vote. Being this misinformed makes you basically a plague on society. Imagine if everyone voting had their facts as ass backwards as you. What is the outcome there?

>mfw had sqqq calls

>Finance Minister Bill Morneau’s office told The Globe and Mail that the drop in revenue from high-income earners appears to have been a one-time event. Because the changes were announced in late 2015, before the year was done, taxpayers had the opportunity to shift income into the 2015 tax year, sheltering those funds from the higher 2016 taxes. As a result, the government says tax revenue was higher in 2015 and lower in 2016. A spokesperson for Mr. Morneau said early indications are that 2017 will show “a substantial rebound” in revenue from high-income earners.
Not surprising that someone who was fooled into thinking trickle down works was not able to read an entire article

>What is the outcome there?

Orangeman gets re-elected

kys butthurt faggot

>You know more jobs use steel and aluminum to make value added products than the jobs used to make a steel and aluminum right?
And what will prevent them from being outsourced to the same countries that make the raw goods?

>trickle down
Pick up an economics book.

Trumpniggers piss me off, but what makes me even angrier is leftists using neoliberal and lolberg talking points.
You're ideology is a fucking meme if you can't stick to it for a few minutes.

Increased prices on everything particularity consumer goods is a regressive tax on the poor. Yes, some jobs will be saved.
Also dont forget that these protectionist policy disrupt the global supply chain management. This will greatly reduce productivity and again increase prices. Your computer for example all those components are made in different countries using global supply management for greater efficiency. To just overturn all that at once will be very messy.

please learn economics. Watching thomas sowell and milton Friedman.
youtube.com/watch?v=nZPDpk8NA-g

Good trucks though

Wrong reply

Sure that can happen, but that is more of a problem of the business environment in america. It is very hard for american companies to compete because of government interference and high taxes.
True free trade is whats best for the consumers. With free trade it allows market forces to work their magic and bring prices and better products/services. When competition is throttled it takes away incentives for companies to become more efficient and reduce prices.

also with automation the factories would move back to the usa anyways so they will be closer to the market.

youtube.com/watch?v=rc-bELgAowU
Libs get triggered that trickle economics is real

The fuck are you doing.

>Increased prices on everything particularity consumer goods is a regressive tax on the poor.
At worst it's a tax on everyone. Trying to frame it as a "regressive" tax is rhetoric tier garbage. Where are you mimicking that line from?
Besides, if we lived in a world where we didn't have to compete against countries with terrible treatment of workers, then prices would be higher anyway. Yes the global supply chain blah blah, it'll re-adjust.

...

This perfectly demonstrates how far gone Jow Forums is.

How is it not a tax on the poor more than other classes? The rich aint buying cheap Chinese product, or cheap imported food products.

Trickle down economics is one of the dumbest fucking things I’ve ever heard, even worse than Keynesianism. Mr. Goldberger is not gonna give you any of his money and neither is the CEO of Morgan Stanley, instead they’re going to take out a big fat short on the US dollar and inflate it to the fucking moon while secretly moving their massive stash of gold to Belize.
Income tax is also retarded, not because of muh trickle down bullshit, but because the gov doesn’t have the right to steal 50% of your fucking wage. Taxes nowadays have nothing to do with economics anyways, it’s all politicized so Mr Orangehead gets his re-election.

>How is it not a tax on the poor more than other classes?
Because you're claiming that a price increase on the poor means a higher % of their income goes to just living, while that's true, it's dishonest, because in general poor people will always pay a higher % of their income, because they're fucking poor. Being poor is a regressive tax on yourself.
> The rich aint buying cheap Chinese product
Yes they do, just not the exact same ones that the poor people buy. "Cheap" doesn't mean under $20. It just means cheap relative to others.

Shit dude, do you consider Health and Safety regulations to be a regressive tax on the poor? How about border control? We could open our borders to every third world country and flood the labor supply. We could require no obligations from workplaces to not end up with dead workers after every shift.

>Trickle down economics
Pick up an economics book.

It didn't work in the 80s either.

Call it reaganomics if you want, doesn’t make it any less retarded

What, picking up an economics book or buzzword-that-shows-ignorance-of-basic-economics?

I didn't realize that cutting taxes didn't exist as a concept before Reagan.

Just trickle down economics, tagged the wrong post. Counting on the top to move money down is comically bad design because the rich don't give a shit about the poor

rich people dont shop at wallmart. All prices in wallmart are going up.
You do know that the income tax rate on the top 1 percent used to be like 91 percent?
youtube.com/watch?v=rc-bELgAowU
Please watch this video. There is real metrics you can follow based on the tax cuts that happened by 4 presidents in a row.

>trickle down economics
>the rich don't give a shit about the poor
>economics
Why are you people so allergic to economics textbooks? It's not fucking complex shit dude. If you would just learn the basics you'd see how retarded the shit you keep spewing is. You'd understand why anyone who types "trickle down" doesn't understand what the fuck they're talking about.

>rich people dont shop at wallmart. All prices in wallmart are going up.
You're shutting down your brain and tunnel visioning on me.

Well I'll admit I'm not a mensa candidate. But it seems like cut companies and the rich a break so that they can in turn take care of employees with monetary benefits that ultimately stimulates the economy because people in theory have more money and spend more money.

He doesn't think the Democrats could have moved toward higher taxation on the rich because wealth disparity is getting worse and worse?
Very informative video, I just don't get how Sowell doesn't attribute changing markets and wealth distribution as the cause of the shift in tax policy

>that they can in turn take care of employees with monetary benefits
jej

your post here
was honestly one of the most retarded things i've ever read on this website

Yeah that's my point, once the top has it it isn't going Anywhere.

I am just saying that increasing the price on consumer good effects the poor more than the rich. Also the poor are more likely to buy cheap imported products.

And yet you rebut nothing. I expect nothing less from a "trickle down" poster.

do you know that you literally make no sense?
Please try to find one credible economist who agrees with your stance.

So now you're appealing to authority? Did I overload your brain and now you're running to your experts?

I dont think you have finished high school yet.
Overlord my brain? kek. You might think that your marxist spewing make you seem smart, but it really doesnt.

>Well I'll admit I'm not a mensa candidate.
You think you have to be smart to understand the basics? Is this why so many of you are fearful of the economics textbook?

>your marxist spewing
Haha, so now I'm a marxist.
>make you seem smart
I'm not smart, you all are just dumb, apparently.

study economics and then come back to me because you have not made one educated point.
I have a degree in economics, and have learned more from youtube and other services than I have from school.
What experience do you have in economic theory?

What about the rest of the post? Cherry picking the self dedicating part only isn't helping us dummies kek

dude I have gay dreams about marx, I don't know where the fuck you stand politically but what the other guy was saying about a tax on the poor being a regressive tax is 100% right

Flex your knowledge then. Tell me where I'm wrong.
Tax cuts means more money is kept. More money generally means more spending/investment. More spending/investment means expansion of economy (bigger/more businesses). Expansion of economy means higher demand for workers. Higher demand for workers means workers are paid more (assuming labor pool isn't flooded to match the increase in demand).
The part of "trickle down" that doesn't make sense is not the tax cuts, it's the non-economics part that claims rich people will do things out of good will, rather than because they have to, else lose out. If you give tax cuts to the rich and it does nothing for the little guy, it doesn't mean rich people "broke" their promise or some gay shit. It just means something in the chain didn't turn out right.
>dude I have gay dreams about marx
Thanks I didn't ask, and didn't want to know.
>being a regressive tax is 100% right
No, it's hyperbole. Answer me this, are any government caused increases on the cost of goods for the poor (such as workplace safety requirements, or border control), a regressive tax on the poor?

Kek did they cut your funding again?

Pretty weak showing from you guys despite that big blue wave that's supposed to be on its way

Tariffs are not about trade, but about stopping the made in 2025 plan from being successful. Just fyi not that i expect any of you brainlets to pick up on this.

>Tax cuts means more money is kept. More money generally means more spending/investment. More spending/investment means expansion of economy (bigger/more businesses). Expansion of economy means higher demand for workers. Higher demand for workers means workers are paid more (assuming labor pool isn't flooded to match the increase in demand)
You just explained why trickle economics works. Its not about rich people doing good things out of the goodness of the heart. Its about rich people wanting to make more money by being able to invest more of their money into the economy so they can hire more people.

point was i'm far from a "trickle down poster"
>Answer me this, are any government caused increases on the cost of goods for the poor (such as workplace safety requirements, or border control), a regressive tax on the poor?
not sure how that is a tax. Also, it wouldn't matter, because you can have some forces that disproportionately affect the poor, but the more you add, the worse it gets. There's balance in everything.

I'm not against tax cuts for high earners. I'm against calling it "trickle down economics", because it implies that it's a whole package when in reality it's just tax cuts. It's a meme buzzword. You shouldn't be giving people a label to demonize like they do. There's a reason why "trickle down" mostly posted by people against tax cuts for the rich, not for them.
You're a trickle down poster because you use the term to attack tax cuts.
>not sure how that is a tax.
If tariffs make foreign products too expensive, requiring people to buy American-made stuff, then how are tariffs a tax?
> There's balance in everything.
Copout.