One consequence of the new tax law

Apple announced that they would pay a one-time tax of $38 billion on its overseas cash holdings and ramp up spending in the US.

Yeah, that tax bill sure was harmful to the US economy.

 

Yep, and millions of stock traders agree. It's just like Krugman said, "the economy will never recover" from Trumps election.

 

You've forgotten two aspects. Proof on Apple. Proof on the economy. Can we have something other than media announcement info?

 

Every indicator of business confidence and business intentions are very positive. Fourth quarter GDP growth likely over 3%. Quite a few companies announcing bonuses, raises, capital spending.

Sad that this escapes you.

Try to enjoy good news even when it comes when someone you hate is in the White House.

I don't like him, but am pleased with what is going on in the economy.

 

Refer to economic evidence.

He's clearly a disgrace to the US, but the impact of a tax policy deserves proper empirical investigation.

 

I have a BA in economics and an MBA with an emphasis in finance. It has been my job to read these tea leaves for many years.

 

then you know that the tax windall was merely a financing issue. The investment decision was made for many many other factors that had nothing to do with the how it would be financed. This windfall just eliminated then need for any alternatives.

No business simply invests money unless it makes business sense. So they may have added a bell or whistle for PR purposes, but the decision was made LONG before the tax bill passed. Unless its one of those toothless announcements that will be forgotten in a few months. LIke the 400 billion the teleco's got for broadband.

I believe a huge chunk is going to share buybacks and dividends. purely financial transactions that does not create jobs or goods or services. But it does enrich those that participate.

 

Econ 101:If one company in an industry decides to use the tax Windfall money to lower prices or buy new equipment he can bury the competition so ultimately the tax cuts are very very stimulative. Do you understand this simple concept?

 

Obama was the antibusiness, libcommie,you didn’t build that President. Trump is the exact opposite and the world’s investors and economy are obviously showing that to us

 

Business 101 build it and they will come only works in the movies.

A new campus is going to bury the competition? Hardly its more like accomodating growth and refurbishment and modernization of facilities. Gotta have a roof.
If its manufacturing facilities then that in and on itself, isn't going to change the market metrics by having a bigger supply.

And any additiona; jobs will be mitigated by labor costs transferred to, and leveraged by, automation. High skill small numbers. Now if they buy AMERICAN robots and equipment well, then that starts to make an impact, but that becomes another factor in being competitive - the quality, reliability and capacity of the technologies deployed.

MBA you say?

 

Then why have not provided the academic proof that was requested of you?

 

no idea what your subject is let alone your point? Care to share with us?

 

subject and point???? Care to share???

 

obviously I didn't mean buying for the sake of buying. I meant buying improved superior equipment with which to bury competition. Now do you understand?

 

absurd, for 250 years we have had new tech that displaced millions of workers but we still have 96% employment. Do you understand now?

 

what on earth are you trying to say? it seems you cant be direct because in the course of trying you discover how absurd you are being?

 

WEll, what I'm saying is that given the rather simplistic "analysis" and conclusion you demonstrated in your OP it seems that your claim is suspect.

Sorry you have trouble with inference. Must have been a difficult thing to overcome in obtaining your post secondary degrees.

 

Oh? so technological displacement does not effect the nature of the labor force nor wages?

Such a one dimensional argument indicates who understands and who doesn't. Try harder maybe.

 

No I don't understand. Improved superior equipment does not "bury the competition". Its an element that addresses per unit cost and capacity. While higher production and lower prices are two metrics, there are at least half a dozen other critical success factors in "burying the competition". Every MBA grad knows this, and people like me with tons of scars can directly testify to.

Tell me when you start understanding.

 

t
What' apple doing with their investment? I believe your claimed educational attainments are bogus. You have yet to demonstrate anything other than a simplistic and one dimensional argument.

If that's the result of your education, I believe the massive personal investment in your education was wasted.

 

Cultural reference. Field of dreams.

Point? NOBODY SIMPLY INCREASES PRODUCTION CAPACITY OR RETOOLS to "bury the competition". bigger Inventory or a cheaper widget does not automatically translate to increased market penetration or expansion.

MBA's educated about and trained to identify, analyse all critical success factors in building corporate strategic plans. Isolated simplistic capital investment in production capacity does not a plan make.

NOw do you understand?

 

what does movie have to do with subject?? tell us what subject is first

 

wrong of course there are always huge tech increases in automated manufacturing that can make a huge difference in efficiency. Some cars are still mostly made by hand. Got it now?

 

so?? did someone disagree??? Do you know what a strawman is?

 

nobody was talking about a plan. You keep creating strawmen. Do you understand what that means?