Shoot The Breeze

[32andBelow]

Thank you trump for not firing federal employees during the pandemic. Thank you trump for your continuous support for the market which is hitting all time highs still after leaving office

The markets been going up for 10 fucking years lol

 

[Spaceforce]

The markets been going up for 10 fucking years lol

Hmm… wonder why

 

[32andBelow]

Hmm… wonder why

Obama

 

[Acquired Taste]

Obama

Eh, nice try but wrong. Try again. I'll give you a little hint:

 

[32andBelow]

Eh, nice try but wrong. Try again. I'll give you a little hint:

Obama good Trump bad Biden good. Keep up.

 

[jamisjockey]

Haha fed printer go brrrrr

 

[Spaceforce]

Obama good Trump bad Biden good. Keep up.

Dude you literally don’t see what trump did the first 100 days? He pretty much gave the market PCP. And then Jerome is sitting there saying “oh no we are gonna crash, print more” you can say what you want. But trump helped the markets, and Obama did too.

 

[AB19]

Do you guys think that economic policies just show themselves in the market immediately or what? Shit takes years to see policies come to fruition

 

[Spaceforce]

Do you guys think that economic policies just show themselves in the market immediately or what? Shit takes years to see policies come to fruition

When a president passes a tax cut for businesses forever and individuals for only 6 years, I think it’s immediately. When policies to tax more have negative impact on stocks. But the fed also plays a role as well with interest rates. Trump wanted interest rates held down to continue a bull run. It’s wild.

 

[32andBelow]

But of course y’all don’t want to say anything about trumps covid crash and Biden presiding over 6% growth

 

[Motodog]

Trump cut taxes, and regulations. Which allowed 3 years (before Rona), of huge growth for the airlines. More jet orders, hiring, adding flights. See earlier post quoting CEO’s of Delta, FedEx, and SW, directly crediting these cuts for the jump. More airline traffic translates into more ATC jobs. The growth now under Biden is simply business coming back on the back side of the virus.

 

[Motodog]

yeah yeah yeah, when good shit happened on my guys watch it was him but the other guy has good shit happen and it’s some outside force. Can’t give the other team any credit.

At least 32 can flame himself over how much of a homer he is.

Yeah yeah yeah, you’re right. Tax cuts don’t help. Hell, let’s just raise em to 80, nawwwww, make it 90%.

 

[Motodog]

So your argument that trump is so awesome is that he cut taxes? Any moron with a majority in both houses can ram tax cuts through reconciliation and call it a win. Sure it helped but it’s not some massive accomplishment.

edit: and by help I mean keep the economy juiced and make the rich richer.

No, when the airlines prospered, and they did during that time period, they hired big. They bought jets. They bought fuel. They bought catering, see the point? So it’s not just the evil rich that did well.

 

[32andBelow]

Yeah yeah yeah, you’re right. Tax cuts don’t help. Hell, let’s just raise em to 80, nawwwww, make it 90%.

Do you find the current wristband gap sustainable? And I thought you guys liked balanced budget. Cutting taxes without money to replace it isn’t very responsible.

 

[Motodog]

Yes sure, as a result of corporations paying less taxes they reinvested some of it but it didn’t last and won’t be near enough to “pay for” the tax cuts.

Did the U.S. Tax Overhaul Do What It Promised?

WSJ, a right of center paper has a pretty good analysis of it. Corporations never reinvest money that save on taxes. It goes to profits which doesn’t help normal people.

‘When corporations paying less taxes & make more money, it goes to profits, which doesn‘t help normal people.‘ ?? Any chance they grow the business, hire more people, buy equipment?

 

[Mike Kilo]

Anyone’s facility allowing tours yet? I have some people visiting soon and was hoping to bring them through for a quick one but the facility said no tours still.

 

[Motodog]

Anyone’s facility allowing tours yet? I have some people visiting soon and was hoping to bring them through for a quick one but the facility said no tours still.

That would be a nice change

 

[Motodog]

When a company spends its revenue on equipment and wages it’s not profit.

Seems you missed the point. When a business, big or small makes a profit, they can then hire employees, buy equipment, expand. Alternative is to shrink, lay off, sell equipment, pay less taxes.

 

[Super Salt]

Trump cut taxes, and regulations. Which allowed 3 years (before Rona), of huge growth for the airlines. More jet orders, hiring, adding flights. See earlier post quoting CEO’s of Delta, FedEx, and SW, directly crediting these cuts for the jump. More airline traffic translates into more ATC jobs. The growth now under Biden is simply business coming back on the back side of the virus.

“More airline traffic translates into more ATC jobs.”

How is this true, in any sense? The FAA staffs to meet quotas (essentially); it’s a bean-counting job. “More” or “less” traffic has no bearing on hiring announcements or the amount of potential employees.

 

[Motodog]

“More airline traffic translates into more ATC jobs.”

How is this true, in any sense? The FAA staffs to meet quotas (essentially); it’s a bean-counting job. “More” or “less” traffic has no bearing on hiring announcements or the amount of potential employees.

In a limited time frame, maybe. But given a 10-20 year span, consider traffic doubling, or shrinking by half or less. wouldn’t this affect needed ATC #’s? I might be wrong here