Business investment for the third quarter dropped 3%, after falling 1% in the previous quarter.The drop could give some reason to argue that President Trump's tax bill wasn't as good for corporate investment as he originally said it would be.
Business investment for the third quarter dropped 3%, after falling 1% in the previous quarter. Those drops mark a contrast to a jump of 4.4% in the first quarter, and 4.8% in 2018.
Will a small number of rich people spend a lot of money with a tax cut? If they do it isn’t the same as tax cuts for 10m or 100m people which would have a much larger effect. Anyway if you are wealthy you put more in your Panama account not spend it.
Yay!! We can finally once and for all, officially declare: That Trickledown Economics does not work! 🙄. This 40 year experiment has been an epic failure.
Dow hit another 52 week high ! How does trump do it?
“I love tariffs” cmon people, you know this is why investment is declining and not the tax cuts
TDS Democrats could do some work like approving the USMCA . But why help the people they just out for power could care less for any of the people ! 2020 will be their end!
Ya my company didn’t give me shit. Just lined the pockets of the C-suite. Trickle down my ass.
Trump controlling Stock Market, Talks Positive,Stock holder earned Monet,Say something Negative,it's goes down pay attention
It was worth the joke...
Perhaps you the media and all these so called economists and financial expert's could and should stop talking down the economy. Domestic terrorism comes in many forms.
THE CHINESE, THE NORTH KOREAN, THE RUSSIAN ALL HAVE TRUMP'S NUMBER AND THEY KNOW HOW TO PLAY HIM. HE IS, AFTER ALL, A RUSSIAN ASSET
Once Trump wins in 2020 the market will surge again. China will stop delaying trade deals and the new trade deals will get approved by a new Republican controlled house.
Oh, it did except it's the top 1% that it helped and not the rest.
The economy eventually absorbs the benefit losing its impact. The “recession is coming” boogie man of a few months back may be the villain.
A normal GOP president would have had the same tax cuts with Ryan as speaker. The tax cuts would have been sooner and they would not be competing against the tariffs. The economy would be better and pockets hurt by tariffs would be in better shape.
No one thinks that fear of Socialists raining on the parade has anything to do with it?
Well, this assumes the president hoped for a stimulating effect. More like, a massive tax windfall for people who are already well-off (like me). Hey, it’s worked out great. But no credible economist, not even conservative, projected a big business boom from the 2017 bill.
Of course it didn’t. Corporations were too busy handing out large bonuses and buying their own stock back. We have dumber and dumber running our country. It’s it awesome! 🤨
Declare economic war on CCP corporations so everyone is certain. Get these dopes moving.
Pres thinks he can just keep saying, 'We'll be signing a deal soon,' and that will continue to satisfy people who actually have a knowledge of economic policy and market impact. Please...
Longer the trade war, difficult win for the US.
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