Dow 24000 and the Trump Boom - Page 2 - Horse Racing Forum - PaceAdvantage.Com

porchy44 · 12-17-2017, 03:09 PM

Quote:

Originally Posted by Tom

And the Obama administration stole from future generations too - only to give us higher HC costs.

Your whining would carry some weight if you had complained before.
This time. there is real opportunity for businesses to start pumping out more jobs which means more taxes collected.

With this tax bill. borrowing money for tax breaks is STEALING from future generations. Republicans and Democrats alike are culpable for the inevitable some day (when debt becomes unsustainable.). The Republican party was the last hope. I remember a day when the party was responsible and cared about the deficit. Only a dope or someone disingenuous would think that growth will make up for the deficit.

I would be for some tax breaks for corporations if they would only be in relationship for the number of employees that are employed in the USA. Then cut some unnecessary spending to make up for it.

It has been said by someone on this board that "you cannot trust the government'. I definitely am beginning to believe it.

davew · 12-17-2017, 03:37 PM

How does debt become unsustainable if you pay less than 1% interest, make no principle payments and can roll it over forever?

porchy44 · 12-17-2017, 03:41 PM

Quote:

Originally Posted by davew

How does debt become unsustainable if you pay less than 1% interest, make no principle payments and can roll it over forever?

I think people who get into credit card debt problems probably have that 'line of thought also".

Tom · 12-17-2017, 04:42 PM

The money we are talking about is OUR money.
We can't steal OUR money.

I am 100% sure most of us can ensure the security of our grandchildren much better than the government.

btw, I have no kids, so I will have no grandkids.
So keep your stinking hand of MY money.

porchy44 · 12-17-2017, 05:22 PM

Quote:

Originally Posted by Tom

btw, I have no kids, so I will have no grandkids.

Point taken !

chadk66 · 12-19-2017, 11:39 AM

just spend some tine in Minneapolis, you will hear "well the obama policies are finally taking effect in regards to the economy"

classhandicapper · 12-19-2017, 10:31 PM

I think Trump has done some things that justify higher stock prices (tax cuts for sure), but prices were very high before he got elected, they are even higher now, we are 8-9 years into this economic cycle, and debt levels are very high. I still think this is likely to end badly and he's going to take the blame for something that has little to do with his policy.

FantasticDan · 12-20-2017, 01:36 PM

Tom · 12-20-2017, 03:37 PM

Rattner makes no sense.
Twit is tweeting diversion.

Dan bought it, but we knew he would!

Bought it like the Brooklyn Bridge!

Tom · 12-20-2017, 03:57 PM

It's all in how you look at it

reckless · 12-20-2017, 04:47 PM

We just entered only the 3rd or 4th inning of a generational buying opportunity for stock market investors.

Tie one on because this economic boom just took another giant leap toward the heavens. Stock prices follow business success and this new tax bill just added 15 per cent points to corporate earnings that goes unencumbered and straight to the bottom line!

Add to this the trillions of dollars for dividends and stock buybacks thanks to repatriation and we could easily add another 25-30 per cent to equity prices.

And all this will happen even before and without companies selling a single additional house, I-phone, car, case of soda, airplane, barrel of oil, bale of hay/corn/wheat, engine, widgets, nails, shovels, trucks, trains, or open a new restaurant or buy a single minute of advertising time on TV and radio.

Don't look in the rear view mirror to the prior 40% gain in stock prices since 11-3-16 and don't let your hatred for Trump stop you ... this is only just the beginning. Mark my words.