- Aug 4, 2018
- 63,456
- 28,054
Amazing. You are hopeless. Roughly is not the same. It was lower. I gave You a ton of evidence. I am roughly correct.Corporate confidence, otherwise known as feelings. I was speaking in the real of facts and data.Nope. Mine cape from actual data that is tracked by IBanks and such. I am talking corporate confidence. That is all. It was higher under Trump and the chart below illustrates as such. You don't know what CAPEX is. You don't know much about anything with corporate finance. But you find obscure articles that are embarrassing. I also never said "tax cuts" I said corporate confidence. But the tax cuts definitely helped in terms of wage growth and lowering unemployment.Your data also came from an opinion piece, not that you admitted it, you just presented it without context and without it an explanation of what you were posting. Not particularly honest. I found your source myself though, and was able to provide a critique, something you haven’t found yourself able to do yet.No. I provided specific data. You provided fuzzy math with an opinion piece.I provided data and a specific rebuttal. You are only appearing to authority. If that MBA was worth anything, you might have a critique of my post.So you take their opinion over mine. Duke undergrad, NU MBA.Don’t be so defensive.Again, I do this for a living. Why would you question me on it? Would you question a brain surgeon on how to do brain surgery? It is honestly insulting. Stop your trolling.
What you’re posting is data from 130 companies and ends in 2018. You don’t mention this because it doesn’t help your case. Much of growth in CAPEX comes from a handful of companies, focused in technology. Not bad, but hardly the investment in the blue collar economy that was often touted.
When you zoom out for a more complete picture, there was extra grow in 2018, which basically ended in 2019. The overall growth contributed a minuscule amount to GDP growth.
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What's Really Happening with the Trump Tax Cuts?
From an economic perspective, the focus on the increase in corporate dividends and buybacks is misplaced. Look instead at business investment.www.aei.org
This is hopeless.
Turns our I’m better at this than you. That’s one of the benefits of not being a Trump devotee. More objectivity and less “cheerleading”.
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Your data focused on a small subset of companies. Not the economy as a whole. I provided a better, wider view.
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Tax cuts and investment were the topic when you replied to me. Seems like you’re switching the subject because you got caught up in an argument you can’t win
AEI is hardly obscure and you’ve yet to critique the article despite calling it embarrassing. Why? We don’t know. You don’t say. I’d wager because you don’t have a critique.
As for helping with wage growth and unemployment, there was little deviation in those trends. Wages were growing about the same rate in 2016 as in 2018 and 2019. Unemployment was falling at roughly the same rate in 2016 as 2018. This is all speculative, and very little evidence to support it other than your feelings.