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  1. #253

    Re: Investment/Economy Thread






  2. #254

    Re: Investment/Economy Thread






  3. #255

    Re: Investment/Economy Thread






  4. #256

    Re: Investment/Economy Thread

    https://www.cnbc.com/2018/08/22/targ...ever-seen.html

    Target CEO raves about the state of the economy: This is the best consumer environment 'I've seen in my career'





  5. #257

    Re: Investment/Economy Thread






  6. #258

    Re: Investment/Economy Thread






  7. #259

    Re: Investment/Economy Thread






  8. #260

    Re: Investment/Economy Thread






  9. #261

    Re: Investment/Economy Thread

    CBO news out
    https://www.cbo.gov/system/files?fil...18-Outlook.pdf

    “CBO’s projections, federal revenues rise from 16.5 percent of GDP in 2019 to 17.4 percent in 2025 and then grow more rapidly, reaching 18.3 percent of GDP near the end of the decade. The projected growth in revenues after 2025 is largely attributable to the scheduled expiration of nearly all of the individual income tax provisions of the 2017 tax act “


    “The Economy. Real GDP is projected to grow by 2.3 percent in 2019—down from 3.1 percent in 2018—as the effects of the 2017 tax act on the growth of business investment wane and federal purchases, as projected under current law, decline sharply in the fourth quarter of 2019.”





  10. #262

    Re: Investment/Economy Thread

    Quote Originally Posted by WrongBaldy View Post

    “CBO’s projections, federal revenues rise from 16.5 percent of GDP in 2019 to 17.4 percent in 2025 and then grow more rapidly, reaching 18.3 percent of GDP near the end of the decade. The projected growth in revenues after 2025 is largely attributable to the scheduled expiration of nearly all of the individual income tax provisions of the 2017 tax act “


    “The Economy. Real GDP is projected to grow by 2.3 percent in 2019—down from 3.1 percent in 2018—as the effects of the 2017 tax act on the growth of business investment wane and federal purchases, as projected under current law, decline sharply in the fourth quarter of 2019.”



    So on the one hand revenue is going to grow cuz the tax cuts phase out. On the other hand the economy is not going to grow as much because the tax cuts phase out.





  11. #263
    Join Date
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    Re: Investment/Economy Thread

    Doesn't matter until the piggy gubberment drastically reduces their spending.
    Disclaimer: The content posted is of my own opinion.





  12. #264

    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post

    “CBO’s projections, federal revenues rise from 16.5 percent of GDP in 2019 to 17.4 percent in 2025 and then grow more rapidly, reaching 18.3 percent of GDP near the end of the decade. The projected growth in revenues after 2025 is largely attributable to the scheduled expiration of nearly all of the individual income tax provisions of the 2017 tax act “


    “The Economy. Real GDP is projected to grow by 2.3 percent in 2019—down from 3.1 percent in 2018—as the effects of the 2017 tax act on the growth of business investment wane and federal purchases, as projected under current law, decline sharply in the fourth quarter of 2019.”



    So on the one hand revenue is going to grow cuz the tax cuts phase out. On the other hand the economy is not going to grow as much because the tax cuts phase out.
    hoping rav can reconcile





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