Discussion: US Gets Best Back-To-Back Quarterly Economic Growth Rates In 3 Years

I thought America was a hellscape of black gang members preying upon christians who only don’t have jobs because of mexicans. how can this report be?

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No, no, Donald fixed that all alone.

The stench emmanating from the White House and Mar A Lago will be suffocating. Donald will be spraying all over the place…

45 has managed to not mess up the Obama recovery. Yet.

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Trump has been riding an Obama budget and Obama economy for a while. The tax cuts, in my view, have the potential to put some brakes on the economy because the big beneficiaries of the rate cuts won’t likely spend, while middle class Americans will get too little and see higher costs for health insurance, interest on loans, and reduced spending on items that they used to be able to deduct. I also wonder about the housing market impact of many changes in this bill which make some abrupt and constraining changes to the deductibility of mortgage interest, home equity loan interest, the ability to clear a capital gain on a sale and exclude that from taxes, and the deductibility of state and local taxes. With housing costing as high as it does today in many markets, there doesn’t seem to be as big an upside in owning a home vs. renting from an economic or asset management beginning in 2018.

When this will hit the economy I do not know. The economists think the cuts will have a short term boost and may spike growth a bit. I remain a bit skeptical of much impact, but I’d look more at areas like consumer spending and real estate to see how those areas perform next year.

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Thanks to all the good things Donald did and the bad things he got rid of? Chappelle tells us who Donald is fighting for.

https://www.huffingtonpost.com/entry/dave-chappelle-netflix-special-donald-trump_us_5a3b7263e4b025f99e148d04?ncid=inblnkushpmg00000009

I think that at least some of this is real. A lot of rightwing assh*les may be spending again now that they think they’re not about to be sent to a FEMA camp.

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Thank you, President Obama!

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It certainly hasn’t been due to a lack of effort on his part. Let’s revisit these numbers in 12 months.

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The borrow-and-spend Republican Party has become the tax-and-spend Republican Party.

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Low interest rates and poor return rates on bonds are part of the bubble. The market is the only game in town to get a return. Everyone is flush with cash after close to 8 years of a bull market and rising real estate values. Three years of low oil prices have had an effect also.

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Well, with the “Tax Reform” signed, they revert to the old style borrow-and-spend values…

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You left off the carnage throughout the land.

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caused by cannibal feminists

" the big beneficiaries of the rate cuts won’t likely spend, while middle class Americans will get too little" - I just used one of the online calculators (admittedly it will take until the first payday to see actual results) and for me it will mean my take-home pay will increase by $38.70 each pay period (2 weeks). In other words, $19.35 each week. Talk about MASSIVE! - It’s as if Donald comes by each week and drops a $20 bill on your desk - “Here’s your MASSIVE tax cut” - Only the Trump tools are buying this scam.

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