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Fred's turn to be pissed off
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<blockquote data-quote="bacha29" data-source="post: 2609388" data-attributes="member: 58386"><p>2) The market over 20K? When it ended at 19742 the day prior to his inauguration. 258 points is nothing.... its not like the market started at 15k.</p></blockquote><p>The stock market has risen over 1200 pts since he was elected and gained 2.2 trillion in value.[/QUOTE]</p><p>OK but consider this just 10% of the population controls controls 82% of all shares outstanding. So just what will it mean to the average working class grunt? Probably nothing. As for you guys carping about the repatriation of the billions companies have socked away in foreign bank. They have made it quite clear that if they can get it back here under the taxation terms they want which is zero or as close as they can get to it, their plan is not to expand operations and create all these jobs everybody is hopeful of becoming reality but rather they are going to spend it on stock buy backs, dividends and M&A. They have made that fact as clear as it can be made. So VT and others get that idea of an expanding economy and newly created good paying manufacturing jobs and an improved standard of living for the average out of your heads. It's just not going to happen.</p><p>[/QUOTE]</p>
[QUOTE="bacha29, post: 2609388, member: 58386"] 2) The market over 20K? When it ended at 19742 the day prior to his inauguration. 258 points is nothing.... its not like the market started at 15k.[/QUOTE] The stock market has risen over 1200 pts since he was elected and gained 2.2 trillion in value.[/QUOTE] OK but consider this just 10% of the population controls controls 82% of all shares outstanding. So just what will it mean to the average working class grunt? Probably nothing. As for you guys carping about the repatriation of the billions companies have socked away in foreign bank. They have made it quite clear that if they can get it back here under the taxation terms they want which is zero or as close as they can get to it, their plan is not to expand operations and create all these jobs everybody is hopeful of becoming reality but rather they are going to spend it on stock buy backs, dividends and M&A. They have made that fact as clear as it can be made. So VT and others get that idea of an expanding economy and newly created good paying manufacturing jobs and an improved standard of living for the average out of your heads. It's just not going to happen. [/QUOTE]
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