Thread: Market turmoil
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Old 02-10-2018, 11:35 PM   #44
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Quote:
Originally Posted by PeterG View Post
As is often the case with "simple fact", this is misleading at best. Very few if any believe the Bush and Reagan cuts paid for themselves.

But we can all agree on the short term impact (even before this week's spending bill!):

https://www.nytimes.com/2018/01/31/u...ebt-limit.html
There is nothing misleading about my fact at all, it's the truth. While the politicians like to focus on tax rates and collections, the problem is always spending, every time, that's another fact.

It's way to soon to agree on any short term impacts of the Trump's cuts, most of what is being said is noise, that is other than fatter employee paychecks and substantial bonuses for millions of employees, that's the only tangible impact we can see so far. Companies coming back and companies repatriating money is said to be happening, I can't call that a fact.... yet. Let's just stick to the facts.
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