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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas) -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (3398)	6/24/2018 12:56:00 PM
From: zzpat	Read Replies (1) \| Respond to of 4369

It's important to include politics since it's become so destructive to capitalism and our budgets. CEOs begged the government for $1.9 trillion of new debt from tax cuts. Did they even know how much it was going to cost? No, not even the gop knew how much it cost until many months AFTER the vote. CEOs wanted free stuff and the gop gave them free stuff. Shame on them. This is like buying a house and finding out the price six months later. Some senators say they'd have voted against the tax cut if they knew the price. What kind of bullshit is that? It's their job to know the price before they spend. This is the country we live in. Socialist CEOs and socialist republicans spend money we don't have and then blame the poor for the debt they create with tax cuts. It's this lack of intellectual honesty by CEOs and the gop that must be addressed. You're looking at short-term gains in the market and that's all. Great. What's good in the short-term is not what's good in the long-term. The tax cut was supposed to stimulate the economy (short-term growth) in exchange we'd get long-term debt. It's what Reagan and Bush did and the debt soared each time. Are we're supposed to ignore the damage to the economy caused by tax cuts? Nothing I wrote is incorrect and that's the problem. Facts are irrelevant to one party and facts have been irrelevant for decades. It is the world we live in. It's insanity. The same insanity that took us from less than $1 trillion of debt before Reagan to $21 trillion today. It's not sustainable. The US will collapse.