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Patrick saysBut trickle up works, because the working class spends the income, then businesses benefit, and profits go up.
Why? Those are normal multipliers for profitable companies. No fluff there. Tsla is fluff.
GDP Growth, population growth, etc. does not automatically translate into improvement of standard of living or quality of living.
mell saysWhy? Those are normal multipliers for profitable companies. No fluff there. Tsla is fluff.
Facebook's PEG is 1.27.
A PEG of 0 to 1 means undervalued, 1 to 1.5 is fairly valued, and above 1.5 is overvalued. That is what Peter Lynch used to pick stocks.
https://www.nasdaq.com/market-activity/stocks/fb/price-earnings-peg-ratios
Kinda shows that for the Left it is really about cheap labor and packing the voter roles.
P/E is different from P/S you must be talking about P / S
Ah PEG is p/E divided by growth rate. That is an entirely different measure. P/E alone is like 50.
Agree, but what did the Republican party of whomTrump has almost total control do to make this happen? Ok the USMCA is a minimal improvement over NAFTA, the Chinese phase one is quite unclear as to its results. And? I suppose if you consider fucking up the enviromental regs. to allow more extraction and pollution helps the working man. Yeah until they die from environmentally caused disease. He gave 28 billion mostly to rich farmers is that trickle up or down or just buying votes?
The signature issue and definitely most important economic program was the tax bill. And it was mostly trickle down, even Trump would say that, though not in those terms.
While the Dems use trickle down too though less, it is the fundamental idea that infoms Republican economic ideology.
GDP Growth, population growth, etc. does not automatically translate into improvement of standard of living or quality of living.
I still say illegal immigration is not encouraged, it's not a conspiracy.
You don't think that, for example, offering free healthcare for illegal immigrants or having sanctuary cities encourage illegal immigration?
Offshoring and illegal-immigrant labor is a form of tragedy of the commons. If only a single company does it, that company gets the benefits but they tiny downside is felt by everyone. If every company does it, then downside becomes enormous and completely outweighs the benefits. A tragedy-of-the-commons situation is something where government might have a useful role in either outlawing the situation or reworking the laws so that the beneficiaries of the bad behavior are the ones that feel the entire effect of the downside.
You don't think that, for example, offering free healthcare for illegal immigrants or having sanctuary cities encourage illegal immigration?
In my opinion it's off the charts retarded propaganda
sanctuary cities and health care for the poorest of the millions of illegal immigrants
Do those people need a path to citizenship or should we somehow send them back (whatever that means?) when they have spent decades building families and a foundation here ?
millions (YES MILLIONS) of illegals already here
I think health care policies and sanctuary cities exist in support of millions (YES MILLIONS) of illegals already here.
wealthy Democrats (and Republicans) enjoy having that cheap labor
But no effort is ever made for a bipartisan solution,
I think health care policies and sanctuary cities exist in support of millions (YES MILLIONS) of illegals already here. Do those people need a path to citizenship or should we somehow send them back (whatever that means?) when they have spent decades building families and a foundation here ?
retarded propaganda to suggest that sanctuary cities and health care for the poorest of the millions of illegal immigrants already here is in fact actually happening for the purpose of attracting more illegal immigrants
Anyone that says democrats of today are not 100% pro illegal are delusional, almost all of the democrats in house and senate have totally flipped on the issue over the last 20yrs.
e rank at the bottom of almost every stat even though we are taxed the most
Some estimate 40 million. It's utterly insane.
That is the goal
So...no amnesty or path to citizenship.
Anyone that says democrats of today are not 100% pro illegal are delusional, almost all of the democrats in house and senate have totally flipped on the issue over the last 20yrs.
But it's a scumbag move on his part. And it's sort of a scumbag move on the part of the Trump supporters that pass on the lie that democrats don't care about border security, or for that matter that health care for the poor among those tens of millions is about attracting new illegal immigrants. Such utter bullshit. Have you know shame ?
So what do you propose ? Is it rounding up however many millions of people it is ? Sending them to Mexico ? Genocide for those inferiors ? What ?
For the left, that is a great plan. Remember, flooding the country with illegals is the goal.
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Businesses thought that lower wages was all they needed to be more profitable.
But they were WRONG.
It turns out that enforcing immigration law and bringing back manufacturing from China are way more profitable than the reverse, for everyone.
When working class Americans get more income because they don't have to compete with illegals and because their manufacturing jobs came back, they spend that increased income in the US. (Mexicans in the US send their income to Mexico, and the Chinese just keep their income in China.)
Trickle down fails, because they rich just throw any more money they get into the basement on the pile of cash they already have. The economy stagnates.
But trickle up works, because the working class spends the income, then businesses benefit, and profits go up.
The whole business strategy of bribing Democrats to fuck over poor citizens was not only immoral, it wasn't even profitable! When the poor get poorer, they spend less, and businesses themselves also suffer.
Trump, bless his bizarre orange soul, has shown us the right way way to Make America Great Again, by looking after our own citizens first. Business profits follow once our working class has jobs again. The economy is on an epic roll due to Trump now. May it continue!