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The Trump Economy


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54 minutes ago, Magox said:


This, unsurprisingly has been an underreported intended effect of the tax cut law.  This is  trillion dollars of potential stimulus, money that wouldn’t have come back to the US without some incentive to do so.   I’m sure most of it hasn’t been applied in a manner that has been stimulative but certainly some of it has.   Not to mention the revenues that it created at the 15.5% that it generated.

 

This is why I believe that those who believed that the tax law would just be a short-lived sugar high as Krugman and Zandi have claimed have it all wrong.   The tax cut is an ongoing form of stimuli and just because a company in year one or two have decided to not implement xyz measures that promote growth for their company and the economy doesn’t necessarily mean they won’t do so In the future.

 

The economic numbers continue to confound many economists.   Why?  Because they are too dogmatic with their views and cannot wrap their heads around why targeted tax cuts, smart deregulatory measures, policies that promote people to work as opposed to living off of safety net measures in perpetuity and a pro business agenda actually are contributing to a these cascading effects that we are witnessing.

 

EXCELLENT perspective.....not sure if guys like Krugman are confounded or PO'ed........when I took my current CFO position 20 years ago, there was a guy who started as an electrician and eventually became a Maintenance Project Manager.....loud, boisterous, obnoxious and lazy POS who was retiring....EVERY 'effin day he had his "countdown to retirement clock" and would announce how many more days....he had NO qualms about announcing, hoping and praying how the company would go out of business upon his retirement....20 years hence, we have quadrupled revenue and are in 4 states employing 225 Union electricians.....he is the PERFECT Progressive....hoping and wanting the "Big Bully USA" to fail and become an also ran.....Krugman and his ilk are fueled by TDS yet the economy has defied their wishes and odds, stealing what was hoped to be a MAJOR weapon of criticism, a/k/a economic failure.........

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4 minutes ago, row_33 said:


frosh year in residence, watched in the common room with a dozen others, one of those moments of comedic genius I’ve never forgotten 

you should have seen him live, he was simply a genius. i don't know that i would equate him to Carlin level genius but he deserves to be mentioned in the same breath in my opinion.

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9 minutes ago, Foxx said:

you should have seen him live, he was simply a genius. i don't know that i would equate him to Carlin level genius but he deserves to be mentioned in the same breath in my opinion.

Saw Carlin in the 70's at a rather small setting (hundreds not thousands) at a state university. Without a doubt, pure genius. 

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27 minutes ago, Foxx said:

you should have seen him live, he was simply a genius. i don't know that i would equate him to Carlin level genius but he deserves to be mentioned in the same breath in my opinion.

 

15 minutes ago, 3rdnlng said:

Saw Carlin in the 70's at a rather small setting (hundreds not thousands) at a state university. Without a doubt, pure genius. 

I mentioned a while back that I met George Carlin.  A close friend was his nephew, and he and his wife surprised me for a birthday with front row/ meet and greet. We were at a small club in Ct, GC comes out, starts his show and waves to our friends.  After the show, we navigate through a strip club next door to get backstage.  Very nice guy, told me how “backstage via strip  club” was much more the norm of his life than Radio City Musical Hall.  Probably not a surprise, but he was Mensa-level genius.  My wife met him a couple times (I was out of town the first time), spent several hours walking Atlantic City boardwalk. Good guy.

 

The other thing—sent his family Holiday cards.  One year, he sent a photo of his dog humping his cat with the caption “PIECE!”. One of my favorites of all time. 

Edited by leh-nerd skin-erd
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50 minutes ago, Foxx said:

you should have seen him live, he was simply a genius. i don't know that i would equate him to Carlin level genius but he deserves to be mentioned in the same breath in my opinion.


I didn’t care much for Carlin, or I’d say he lived long enough that the same old same old thing for decades wasn’t interesting to me, you have to come up with Act 2 at some point, please?

 

Sam burnt out real fast, his appearances with Howard Stern were enjoyed

 

His next big appearance I think was on SNL where they bleeped him out in the east and sliced away from the west coast rerun

 

 

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1 hour ago, leh-nerd skin-erd said:

 

I mentioned a while back that I met George Carlin.  A close friend was his nephew, and he and his wife surprised me for a birthday with front row/ meet and greet. We were at a small club in Ct, GC comes out, starts his show and waves to our friends.  After the show, we navigate through a strip club next door to get backstage.  Very nice guy, told me how “backstage via strip  club” was much more the norm of his life than Radio City Musical Hall.  Probably not a surprise, but he was Mensa-level genius.  My wife met him a couple times (I was out of town the first time), spent several hours walking Atlantic City boardwalk. Good guy.

 

The other thing—sent his family Holiday cards.  One year, he sent a photo of his dog humping his cat with the caption “PIECE!”. One of my favorites of all time. 

When I saw him, halfway thru the performance he announced he was taking a break, pulled a chair over on to the center of the stage, sat down and lit up a smoke and drank a beer. It was a fifteen minute break in front of everyone and he didn't say a word. 

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2 hours ago, 3rdnlng said:

When I saw him, halfway thru the performance he announced he was taking a break, pulled a chair over on to the center of the stage, sat down and lit up a smoke and drank a beer. It was a fifteen minute break in front of everyone and he didn't say a word. 

One last part. My friend's mom was his sister.  She was awesome--funny, tough, strong Bronx accent.  We used to see her fairly often, couple times a year. She liked me for whatever reason, and usually greeted me the same way each time I saw her.  "Hey...Buffalo!". ?

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33 minutes ago, leh-nerd skin-erd said:

One last part. My friend's mom was his sister.  She was awesome--funny, tough, strong Bronx accent.  We used to see her fairly often, couple times a year. She liked me for whatever reason, and usually greeted me the same way each time I saw her.  "Hey...Buffalo!". ?

 

You probably know that his brother scattered part of his ashes into the Hudson in Saugerties, so they can wind back down to the City.

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UNEXPECTEDLY!  

 

U.S. Goods Trade Deficit Declines to Smallest in Three Years. 

 

“The U.S. merchandise-trade deficit unexpectedly narrowed for a third month in November to the smallest shortfall in three years as exports increased and imports declined, the latest sign that economic growth is holding up at the end of the year.”

 

 

.

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1 hour ago, Buffalo_Gal said:

 

 

Economic cycles don't begin and end with presidential terms.  A better measure would be Trump's 35 months in office vs. any continuous 35 month period of time of any other president.  

 

And the result may very well be the same.

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