3rdnlng Posted September 11, 2018 Posted September 11, 2018 (edited) 16 minutes ago, Tiberius said: So Democrats are just bad and Republicans are just good, then? So Gleeful Gator, you've got nothing. Edited September 11, 2018 by 3rdnlng
Tiberius Posted September 11, 2018 Posted September 11, 2018 1 minute ago, 3rdnlng said: So Gleeful Gator, you've got nothing. Nothing is still more than you have, because you are a negative. Just admit it, if its a Democrat it is bad, and a Republican is just good. So Clinton was bad, and poor little Bushie was done in by liberals. Bad Liberals!
3rdnlng Posted September 11, 2018 Posted September 11, 2018 12 minutes ago, Tiberius said: Nothing is still more than you have, because you are a negative. Just admit it, if its a Democrat it is bad, and a Republican is just good. So Clinton was bad, and poor little Bushie was done in by liberals. Bad Liberals! You have no way to refute what I say so you spew nonsense instead.
TPS Posted September 11, 2018 Posted September 11, 2018 In case anyone was wondering what corporations are doing with all of those "overseas" profits being "repatriated".... https://itep.org/new-study-confirms-offshore-earnings-are-flowing-into-stock-buybacks-not-jobs-and-investments/
Tiberius Posted September 11, 2018 Posted September 11, 2018 Trump's trillion dollar deficits being used to fund stock buy backs. Lobbyists money well spent. https://www.washingtonpost.com/news/wonk/wp/2018/04/09/why-americas-return-to-1-trillion-deficits-is-a-big-problem-for-you/?utm_term=.25bd3aaba702
Tiberius Posted September 11, 2018 Posted September 11, 2018 4 minutes ago, B-Man said: . He is such a better person than the clown who replaced him.
3rdnlng Posted September 11, 2018 Posted September 11, 2018 15 minutes ago, Tiberius said: He is such a better person than the clown who replaced him. 4.2% 1
Tiberius Posted September 11, 2018 Posted September 11, 2018 18 minutes ago, 3rdnlng said: 4.2% Obama beat that in 2014. And he didn't need to spend $1,000,000,000,000 to do it. https://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/
3rdnlng Posted September 11, 2018 Posted September 11, 2018 1 minute ago, Tiberius said: Obama beat that in 2014. And he didn't need to spend $1,000,000,000,000 to do it. https://www.statista.com/statistics/188185/percent-chance-from-preceding-period-in-real-gdp-in-the-us/ 3.9%
TPS Posted September 11, 2018 Posted September 11, 2018 4 hours ago, Tiberius said: Trump's trillion dollar deficits being used to fund stock buy backs. Lobbyists money well spent. https://www.washingtonpost.com/news/wonk/wp/2018/04/09/why-americas-return-to-1-trillion-deficits-is-a-big-problem-for-you/?utm_term=.25bd3aaba702 Usually it's the guys on the right who declare the deficit sky is falling. Yawwwnnnnnn........Reagan proved deficits don't matter.....
LSHMEAB Posted September 11, 2018 Posted September 11, 2018 5 minutes ago, TPS said: Usually it's the guys on the right who declare the deficit sky is falling. Yawwwnnnnnn........Reagan proved deficits don't matter..... Deficits don't matter? That's good to know. I was a little concerned they'd be slashing entitlements to pay for the trillion dollar corporate welfare program. That would seem to be a bad idea for a country with an expanding wealth gap the likes of which the world has never seen. 1
GG Posted September 11, 2018 Author Posted September 11, 2018 11 minutes ago, TPS said: Usually it's the guys on the right who declare the deficit sky is falling. Yawwwnnnnnn........Reagan proved deficits don't matter..... So you fell for the troll account too? Tell me how corporate profits and spending translate to the Federal deficits?
Koko78 Posted September 11, 2018 Posted September 11, 2018 15 minutes ago, LSHMEAB said: Deficits don't matter? That's good to know. I was a little concerned they'd be slashing entitlements to pay for the trillion dollar corporate welfare program. That would seem to be a bad idea for a country with an expanding wealth gap the likes of which the world has never seen. I love how not taxing a company out of business is somehow considered "welfare" by the dipschiffs on the left.
TPS Posted September 11, 2018 Posted September 11, 2018 14 minutes ago, GG said: So you fell for the troll account too? Tell me how corporate profits and spending translate to the Federal deficits? You remember, it's a pretty simple identity from the national income accounts: S-I = G-T + CAB (current account) Assuming CAB =0, the public sector's deficit (G>T) creates a private sector surplus (S>I). The Household and Corporate sector's savings (yes, profits tend to rise) are increased by the size of the deficit. 26 minutes ago, LSHMEAB said: Deficits don't matter? That's good to know. I was a little concerned they'd be slashing entitlements to pay for the trillion dollar corporate welfare program. That would seem to be a bad idea for a country with an expanding wealth gap the likes of which the world has never seen. You are referring to the use of deficits to scare people into believing "social programs need to be cut because we can't afford them." Deficits can matter, but not in the way most people believe. 1
Foxx Posted September 11, 2018 Posted September 11, 2018 all i know is that it is better to teach a man to fish than it is to just hand him a fish. 1
GG Posted September 11, 2018 Author Posted September 11, 2018 20 minutes ago, TPS said: You remember, it's a pretty simple identity from the national income accounts: S-I = G-T + CAB (current account) Assuming CAB =0, the public sector's deficit (G>T) creates a private sector surplus (S>I). The Household and Corporate sector's savings (yes, profits tend to rise) are increased by the size of the deficit. You are referring to the use of deficits to scare people into believing "social programs need to be cut because we can't afford them." Deficits can matter, but not in the way most people believe. Two separate concepts, especially since I asked about the Federal deficit
KRC Posted September 11, 2018 Posted September 11, 2018 6 hours ago, TPS said: In case anyone was wondering what corporations are doing with all of those "overseas" profits being "repatriated".... https://itep.org/new-study-confirms-offshore-earnings-are-flowing-into-stock-buybacks-not-jobs-and-investments/ If they are missing EPS targets or if they think that their stock price is too low, it is natural to do the stock repurchases. I would want to know why they are doing it. The data does not show that information. Also from the primary source material: "evidence of an increase in investment is less clear at this stage, as it is likely too early to detect given that the effects may take time to materialize." Of the $300 billion repatriated, there was only an increase in $32 billion in stock repurchases. What about the other $268 billion? Also, from the article: "There are several steps lawmakers should take to fix the new incentives that the TCJA creates to shift future profits and even real jobs offshore. Lawmakers should push legislation to equalize the tax rate on foreign and domestic income, crack down on inversions, and create transparency by requiring companies to report financial information on a country-by-country basis. Taken together such legislation could end offshore tax avoidance once and for all." Equalizing Tax Rates: Doesn't create incentive to keep money in the U.S. It also doesn't incentivize companies to keep jobs here. Inversions: It doesn't prevent companies from merging with another company for re-incorporation. Transparency: Most of the 10k's I have seen report money by country. Asking (because I do not know): Are there no regulations that 10k's need to contain financial breakdowns by country/region? To me, their prescription to solve the problem really doesn't solve the problem. What am I missing? 1
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