Message from @Sh0t
Discord ID: 660868324124655617
tax cuts, in most countries, stimulate economic activity by increasing private capital investments
Prime example is Fred Smith adn Fedex, who ws the biggest lobbyist for it
it doesn't apply to america in this case for other reasons
What did Fedex do? almost 3b in buy backs
but to say tax cuts don't increase employment is false
Amazon hired a lot
You mean FedX?
Amazon is always hiring a lot, their model is perpetual growth
FedEx, Federal Express
Fred Smith is the ceo
the trump tax cut didn't increase employment not because tax cuts don't increase employment, but because the US market is already flushed with cash
Why the increase in demand from people makes for a larger market
companies that are not hiring are not doing so because of lack of capital
so injecting more capital isn't going to make a difference
Having more despositable income always helps. Or even a bonus
aggregate demand has been steady, velocity down, but credit steadily rising
so clearly tax cut didnt do that
m2v is about to hit new low
So was the outcome of the tax cuts benefiting the poor black communities?
I think that's what it gets at
your general employment is down not because of lack of money to hire, but because of automation
I never had a problem getting a job after 2008
They work as propaganda, because most people don't study economic data
Bush is a fgt
Having more despositable income allows people to either spend, save or both. It's not a difficult concept
i do , so i know it's bullshit
"despositable income"
jesus fuckin christ
that's american education system for you
I believe he means diposable income, but either way, we see household debt , we see m2v dropping
I blame these 20 year old single mothers
"diposable income"
We see retail figures, durables, etc
at least that's closer to "disposable"
I make less than 30k a year and have plenty of disposable income
Idk why people struggle
Retail figures are on a downturn. Since E-commerce is an ever increasing market
you make 30k, and you steal the rest
Steal?
Never been on food stamps or welfare