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Old 11-15-2017, 10:30 AM
 
69,368 posts, read 64,118,301 times
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Quote:
Originally Posted by Metsfan53 View Post
correlation =/= causation. Someone who claims to be as well versed as you in finance should know that one. Buffet would.
Love to watch Democrats back peddle claiming Clinton wasnt successful because he lowered taxes and the economy grew..

So you also would agree that Obama wasnt responsible for the economy also, right?
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Old 11-15-2017, 10:31 AM
 
3,992 posts, read 2,459,347 times
Reputation: 2350
Quote:
Originally Posted by pghquest View Post
Love to watch Democrats back peddle claiming Clinton wasnt successful because he lowered taxes and the economy grew..

So you also would agree that Obama wasnt responsible for the economy also, right?
so you didn't address my point at all huh?
LEt me guess your answer. Buffett...Buffett...Buffett
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Old 11-15-2017, 10:31 AM
 
22,768 posts, read 30,737,789 times
Reputation: 14745
Quote:
Originally Posted by pghquest View Post
So Clinton was a failure.. got it..
So if you're a president, and the economy is growing for some reason that you didn't directly cause, that makes you a loser?

Quote:
Originally Posted by pghquest View Post
Love to watch Democrats back peddle claiming Clinton wasnt successful because he lowered taxes and the economy grew..
Fortunately nobody said that, bc that would be dumb.
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Old 11-15-2017, 10:34 AM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by Metsfan53 View Post
so you didn't address my point at all huh?
LEt me guess your answer. Buffett...Buffett...Buffett
You had no point at all.. just whining like Democrats because the thread was dead before it started...
Quote:
Originally Posted by le roi View Post
So if you're a president, and the economy is growing for some reason that you didn't directly cause, that makes you a loser?
You guys are flip flopping non stop from Clinton being fantastic and responsible for the growth in the economy, balancing the budgets, to now him just being a benefactor of the free market economy that you seem so much to hate...

its weird..
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Old 11-15-2017, 10:34 AM
 
8,090 posts, read 6,966,636 times
Reputation: 9226
Quote:
Originally Posted by pghquest View Post
Love to watch Democrats back peddle claiming Clinton wasnt successful because he lowered taxes and the economy grew..

So you also would agree that Obama wasnt responsible for the economy also, right?
Clinton was in office when the internet, as we know it, took off. That's not really his doing.

Obama took actions that prevented a second Great Depression. While Obama isn't "responsible for" America's Economic growth, he was instrumental in saving our economy.
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Old 11-15-2017, 10:38 AM
 
Location: NE Mississippi
25,575 posts, read 17,293,027 times
Reputation: 37334
Quote:
Originally Posted by treasurefinder View Post
"President Trump's top economic adviser, Gary Cohn, looked out from the stage at a sea of CEOs and top executives in the audience Tuesday for the Wall Street Journal's CEO Council meeting. As Cohn sat comfortably onstage, a Journal editor asked the crowd to raise their hands if their company plans to invest more if the tax reform bill passes.

Very few hands went up.

Cohn looked surprised. “Why aren't the other hands up?†he said."


"A Bank of America-Merrill Lynch survey this summer asked over 300 executives at major U.S. corporations what they would do after a “tax holiday†that would allow them to bring back money held overseas at a low tax rate. The No. 1 response? Pay down debt. The second most popular response was stock buybacks,"

https://www.washingtonpost.com/ampht...at-hed-expect/
Amateurs should not attempt an micro analysis of macro economics.
The above is proof.
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Old 11-15-2017, 10:39 AM
 
22,768 posts, read 30,737,789 times
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Quote:
Originally Posted by pghquest View Post
You guys are flip flopping non stop from Clinton being fantastic
You are literally the only person here who has brought up Bill Clinton. What's happening right now is that CEO's are not going to use this tax cut to invest in jobs.
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Old 11-15-2017, 10:41 AM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by gladhands View Post
Obama took actions that prevented a second Great Depression. While Obama isn't "responsible for" America's Economic growth, he was instrumental in saving our economy.
The economy stopped collapsing and began turning around far before Obama had spent a dime..
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Old 11-15-2017, 10:43 AM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by le roi View Post
You are literally the only person here who has brought up Bill Clinton. What's happening right now is that CEO's are not going to use this tax cut to invest in jobs.
Who cares? Its already overseas, why do you object to them bringing it back?

Even if it doesnt create ONE job.. its brought back and then taxed, vs not being brought back..

how many jobs is it creating now being overseas? How much tax revenues is it generating now? ZERO..
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Old 11-15-2017, 10:43 AM
 
22,768 posts, read 30,737,789 times
Reputation: 14745
Quote:
Originally Posted by pghquest View Post
The economy stopped collapsing and began turning around far before Obama had spent a dime..
LOL you're not even attempting to tell the truth anymore.

when Obama took over in January of 2009 the U.S. economy was in a free-fall

It probably took another year, or two, before the "recovery" took hold at all, and it wasn't until the last few years of his presidency that it really hit its stride.
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