Trump's tax cut is a big flop

[winnipegjets]

U.S. business investment remained sluggish late this year. Weak business spending was a drag on U.S. economic growth in the second and third quarters and is likely to offer little support in the fourth, which ends next week. The Federal Reserve Bank of Atlanta is tracking fourth-quarter economic growth at a 2.3% pace, with business investment nearly flat, Eric Morath reports.
https://www.wsj.com/articles/u-s-bu...luggish-but-could-pick-up-in-2020-11577125670

Goes to show that tax cuts is a redistribution of wealth from the masses to the rich and corporations. Business do not invest - regardless of tax rates - if the prospect for profit is dim.

Trickle-down (aka supply-side) economics is crockpot economics. Supply does NOT create demand. Demand creates supply.

 

[syed putra]

I think this is more due to the effect of trump's tarrifs.it has slowed growth globally due to uncertsin trading restrictions.

 

[Leongsam]

Trump should POFMA the WSJ. That's the biggest load of crock fake news I have come across in a long time.

 

[steffychun]

And your lover Barac Hussein Obama wasn't?

 

[Hypocrite-The]

Trump should POFMA the WSJ. That's the biggest load of crock fake news I have come across in a long time.

Trump should Soylent Green the left wing bleeding heart liberal faggot loving fuckwits for bringing the country backwards and who are just traitors to the cuntry

 

[mojito]

I think this is more due to the effect of trump's tarrifs.it has slowed growth globally due to uncertsin trading restrictions.

World is just taking time to readjust. After all, relocating factory training workers takes time. Don't fall prey to uninformed opinions spread by trump haters.

 

[garlic]

Still too early to judge the long-term effects.