Trickle Down Economics (Page 2)

They NEVER participate in tax cuts.....so who cares?  You could invite them to every b-day party while you grow up, but they're not coming.  Once you get older you just don't invite them anymore.  I don't see the problem.  Last week Wall Street put $20,500 more into my retirement account.  Why would I give a crap what the Dems want?

I don't think anything short of all out nuclear war can divert the market for the next year or so.  I'm betting '18 is a record year.......no fear bro.

I don't think anything short of all out nuclear war can divert the market for the next year or so.  I'm betting '18 is a record year.......no fear bro.

I definitely agree with you that there are Democrats who support tax cuts

I perused through the wiki and it seems that the overall goal of that plan was to stimulate the economy through government spending rather than trickle down or bubble up.  There were some small individual cuts and a few minor corp ones, but it seemed to be a smaller part of the bill overall.
I did chuckle when reading the paragraph about economists basically having no idea if it helped or not.  hah
Kind of the whole point of my thread here wondering how we truly can tell one way or another if these things work.  I feel that cuts as drastic as the one just passed should be easier to see the effects versus a minor cut here or there.

At this point, a 20% run will be one hell of a lot more than 20 grand.  I could be fishing and smoking weed this time next year.

At this point, a 20% run will be one hell of a lot more than 20 grand.  I could be fishing and smoking weed this time next year.

I'm not sure that minimum wage is really an indicator of anything.  For workers 16 and over in the US under 2% of them earn the actual minimum wage and of that 2% there's a large percentage that's between the ages of 16 to 20. 

We can already see that income is increasing so I'm curious to watch how it continues to go.  Honestly it's kind of economics 101 to recognize that salaries are going to be going up substantially with increased demand from employers and increased scarcity of qualified employees.  In my field we're already starting to see more scarcity of qualified engineers so I'll be paying more and more for new employees as well as to retaining my existing ones.  It's kind of funny to me that so many people look at things on islands.  Whelp, tony gets more money back on taxes so he just buys back shares and all other things remain the same.  It just doesn't happen that way and there's a million moving parts where I have to adjust and adapt to keep up in the market.  I can take all extra money and spend it, but then my competitors will blow my doors off.

BTW, my one new sales guy finally accepted today and hopefully the next one will be wrapped up next week.  lets go, daddy needs a new jet!!!  ;-) #ThanksTrump

Originally posted by Left Brain Looks like about a $12,000 day today thanks to Apple's plans to bring billions back from overseas banks due to have cuts.......I hate President Trump.

Worst President ever!!!

I have a hard time understanding how anybody could have missed the stock market run the past 7-8 years.  The Feds, under Obama, basically TOLD us that they would keep the market moving forward.  Now, under Trump, with the easing of regulations and taxes, it's almost impossible to imagine a scenario where the market doesn't just keep booming.  One thing the market drivers know for sure, there is opportunity under Trump to make A LOT of money.....and it may not come around again for awhile.....they aren't going to miss it.

If you don't have money in the stock market, in some form, I'd like to know why.  If I only have an extra 20.00 in my checking account at the end of the month I throw it in there. 

I have a hard time understanding how anybody could have missed the stock market run the past 7-8 years.  The Feds, under Obama, basically TOLD us that they would keep the market moving forward.  Now, under Trump, with the easing of regulations and taxes, it's almost impossible to imagine a scenario where the market doesn't just keep booming.  One thing the market drivers know for sure, there is opportunity under Trump to make A LOT of money.....and it may not come around again for awhile.....they aren't going to miss it.

If you don't have money in the stock market, in some form, I'd like to know why.  If I only have an extra 20.00 in my checking account at the end of the month I throw it in there. 

I still have zero in the market 

I invest exclusively in my own company at this point and my returns are much better than the market.  If I have $100k to invest I can just hire another sales person and turn that $100k into $500k or more within a couple years.
I figure that within the next year or two I will diversify out from just my business and purchase some real-estate and put some money in the casino (er market)