POSSIBLE RECESSION and starting as and Owner Operator?

LOL, one bowl at a time, I assume?

 

The problem is as soon as the stock market shows some actual steady growth, they start kicking the interest rates up and it stops it dead in it's tracks instead of just slowing it down.

 

How in the world they’re taking in more when tax cuts went into effect? Math simply doesn’t add up. Yeah people are trying to sabotage Trump,SMH

 

Just fine with me if the government gets less money, doesnt matter how much they take in they will always spend it faster than you thought possible. Just with how many different things get automatic budget increases everywhere is ridiculous.

 

I was going off of this respected site: Trump Tax-Cut Results: Federal Revenues Hit All-Time Highs | Investor's Business Daily

And none of the figures in either of our examples take into count the billions we are starting to get from tariffs.

 

Because the economy takes off. Businesses spend more, employees make more, businesses make more. Little bit lower rate but more overall dollars. It’s a pretty simple concept. Why wouldn’t they want to sabotage our President? They despise him, even a lot of the Republicans. Just look up guys like Bill Kristol on Twitter who is cheering the stock market going down. These guys would rather America do bad then Trump succeed.

 

Exactly, couple with fighting a very much needed and long overdue trade war, you gotta keep your foot on the throttle while they are lifting and even braking so to speak.

 

Yes the tariff money goes into the govt's pot for sure but that's just a tax to us. Those companies are paying the US govt a tariff fee then that product price goes up once sold in the US and we pay the inflated price. The company isnt really losing money to The US govt... the US consumer is. We are just getting taxed once that product hits the market, the govt just collects it before we buy..

Meanwhile on the flip side those products are still sold in the US because US consumers have the money to still buy.. Meanwhile those products from the US that got hit with tarriffs in say China.. well China just sourced them else where..

Example December is the 1st month that China bought zero soybean from the US.. The trade war is a no win for anyone and its effects trickle down into our economy pretty biggily..


For the record I'm mixed on the whole trade war.. I can see it going either way but no mater which way it goes its gonna hurt us getting there..

 

But that didn't happen... because the tax cuts went to the richest 1% not to the common man lie you or me. The companies simply did stock buy backs with their extra tax money so they could get more profits to the board of directors.

I will say as truck drivers assuming you are not company guy that we did get a better break than most due to the llc changes.. however the company guy got F@#ked... losing their perdiem...

 

The govt will always get its money.. either it gets it from them or it gets it from you... they simply will not get lesss..