For Horace - stock market will go up regardless of who wins President
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@Larry said in For Horace - stock market will go up regardless of who wins President:
https://www.ccn.com/biden-would-be-absolute-disaster-stock-market-heres-why/
From the exact same website, 3 months later
https://www.ccn.com/wall-street-trump-turn-biden-victory-gdp-good/
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I'd say pretty much everything is far from certain at the moment.
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I don't participate in the stock market, because I prefer to actually make a profit. But for those who do, if you think raising corporate taxes and putting tons of business strangling regulations back in place, and then spending trillions of dollars chasing leftwing pipe dreams is going to have no effect on the stock market, you're nuts.
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I don't participate in the stock market, because I prefer to actually make a profit. But for those who do, if you think raising corporate taxes and putting tons of business strangling regulations back in place, and then spending trillions of dollars chasing leftwing pipe dreams is going to have no effect on the stock market, you're nuts.
@Larry how do you measure economic success for the nation as total? I would be willing to bet a cup of coffee with you that if you look at at least five measurements
(for example:
GDP increase %
Unemployment
Wage increase vs inflation
Stock market %change
Inflation
Net # of jobs added
Etc)And looked at the four year president cycles, on average, There would not be a clear @winner” between the Republics and Democrats
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I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high. This isn't because a bunch of wall street nerds wrote an article, it's because things were done that created jobs. You don't create jobs by doing things that limit profits by the companies these people have jobs with, or by doing things that will give the company reason to move out of the country. Factories make stuff. People buy the stuff they make. If people can't afford to buy the stuff the factories make, the factories will have to make fewer of the stuff they make.
Then you raise taxes on the people who buy stuff but now can't buy because they lost their job... the company still makes money because they've moved to Ireland where the taxes are lower, and left wing Google searchers will say "See? The stock market is still goid!" While tens of thousands of people who lost their jobs are drawing unemployment checks and sitting around trying to keep from losing their homes. All so some people can virtue signal about how they're saving the environment and increasing unemployment checks....
Take it to its ultimate conclusion - if stifling business and raising taxes has no negative effects, then just go ahead and take 100% of corporate profit. Tax the working folk at 100%, take it all. When you finally figure out just how the economy actually works, it will be too late.
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I measure economic success by using common sense instead of googling for statistics that support my politics. Black employment is at an all time high, Latino employment is at an all time high. This isn't because a bunch of wall street nerds wrote an article, it's because things were done that created jobs. You don't create jobs by doing things that limit profits by the companies these people have jobs with, or by doing things that will give the company reason to move out of the country. Factories make stuff. People buy the stuff they make. If people can't afford to buy the stuff the factories make, the factories will have to make fewer of the stuff they make.
Then you raise taxes on the people who buy stuff but now can't buy because they lost their job... the company still makes money because they've moved to Ireland where the taxes are lower, and left wing Google searchers will say "See? The stock market is still goid!" While tens of thousands of people who lost their jobs are drawing unemployment checks and sitting around trying to keep from losing their homes. All so some people can virtue signal about how they're saving the environment and increasing unemployment checks....
Take it to its ultimate conclusion - if stifling business and raising taxes has no negative effects, then just go ahead and take 100% of corporate profit. Tax the working folk at 100%, take it all. When you finally figure out just how the economy actually works, it will be too late.
@Larry But Larry, A person has to use data to be able to accurately compare things. Maybe for you, economic success is black or hispanic employment. But it is measurable. For Horace, maybe it is the price of Apple stock.
You mention profit. What would be a good translation for the nation as a whole? GDP change? Stock market change?
All I am asking is for at least five measures of what the nation (or you) considers a picture of the economy.
One measure is not enough I don’t think.
Common sense is for sure important for any business, But very difficult to measure in quantity.
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
Education is extremely important.
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
@Horace said in For Horace - stock market will go up regardless of who wins President:
It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
What percentage of scientists are leading and what percentage are non-leading?
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In order to be a leading scientist, a scientist must submit to consensus with other leading scientists. The global warming debate has brought this into sharp focus. Leading science follows from conclusions. There is no leading science which does not lead to good conclusions.
As it turns out, 98% of scientists are leading scientists.
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
@Horace said in For Horace - stock market will go up regardless of who wins President:
It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
I can tell you typed this on a recently bought iPhone.
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It often enhances communication in these exchanges if one posts from an iPhone. Most leading scientists say that arguments are 13% more persuasive when typed on an iPhone. 16% if typed on an iPhone that had been bought within the past year.
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What percentage of leading scientists own stock in AAPL?
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@Larry said in For Horace - stock market will go up regardless of who wins President:
Nice... you ignored everything I said.
Larry, I respectfully disagree. I did not ignore what you said. My interpret is that for you personally, you personally have done much better under Republic presidents than Democrat presidents.
All I am asking you is what would you use to define the economy on a nationwide basis?
And I believe that if you pick 5 things (GDP, etc), and we look at historical data, there will not be a big difference between Republics and Democrats presidents. I am will be happy to buy a cup of coffee if I am incorrect.
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