Trump's tariffs have hurt the Port of Charleston and the supply lines for South Carolina manufacturing.
Now watch interest rates be raised and prices start to creep up. The Dollar is worth less when there is more of it.
Does this help the economy? It’s a serious question that I don’t think can be answered today. Still there’s no way this is a bad thing.
Nobody believes that globalist care about the American economy or the American worker. Globalist believe Americans need to be shown how the rest of the world lives. Globalist hate Americans and blame them for all the problems in the world. Democrats have become the globalist party. Why would an American care what a Democrat thought?
I thought Obama told us that our best days were behind us and we now had to manage our decline. Guess he's a liar and a globalist selling the American people out.
This only matters to the economy if it's reinvested. If it's simply used for stock buy-backs to raise the price of the share for sales and dividends, then this will have little to no effect on the long term economy.
Option 1: NOT having the $300 billion dollars repatriated to the U.S. definitely doesn't do anything for the U.S. economy. Option 2: Having the $300 billion dollars repatriated to the U.S. most likely will boost the U.S. economy. Which is the better option?
I'm going out on a limb here and say that Obama was smart enough to know that. So, what does that tell us about Obama?
The last tax holiday by bush saw 312 billion returned to the US. Very little went to reinvestment change option 2s "Most likely" to "hopefully" and you are a tad more accurate. Personally I prefer Option 3 - Stop allowing tax deferrals on Foreign Earnings. Then you never have to worry about it. Also, there is this https://www.cnbc.com/2017/04/26/wha...ompanies-got-a-break-on-overseas-profits.html So how is this going to be any different?
Uh, it didn't create more money. They didn't print this money, it was already in circulation. It just wasn't in circulation in this country.
Not exactly what I said either. My point is that we have to be careful what we wish for, or we just might get inflation and interest rates.