Trump's budget.

dumpdapump · May 27, 2017

Agree with your latter point.

newwurldmn said:
We went down a rabbit hole when you asked about the wealth effect. Trump actually used the words "trickle down" in the second debate. Corporations are no different than rich people. It's shown the gift of low interest rates just led to stock buybacks and dividends and not to significant capex investment.
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newwurldmn · May 27, 2017

dumpdapump said:
Can you name me a well known millionaire or billionaire who spends 30% on properties that he uses to live in (not investment) or on items of pleasure or need that are a significantly higher percentage share of his wealth than the percentage on same items by someone in the middle class? I don't know anyone. I guess empirical evidence is my basis here. I would actually claim the opposite happens for wealthy people: they spend percentage wise way less on discretionary spending than a Joe in the middle class.
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Just for fun:

http://www.cnbc.com/2017/05/24/john-mayer-spent-millions-on-expensive-watches.html

Optionpro007 · May 31, 2017

Guys, if you can, can you please discuss the 'evil' line items proposed in this budget. Thanks.

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Trump's budget.

dumpdapump

newwurldmn

Optionpro007