Message from @TobaccoMike
Discord ID: 660868568891785240
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
My point is, these assertions aren't based on anything
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
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
Ever
32 years old
Personally I know particularly how these tax cuts work because most of my income is from capital gains. When my income changes, I don't change my spending habits much because I'm already way over median income
This fraud has been dumped on America for almost 40 years, maybe longer
Trump just latest to use it
corporate tax cuts, not personal income tax cuts
we're not talking about individual spending habits
There was a capital gains tax change as well, which was great for me