This is simply the "Trickle Down" theory as opposed to the "Trickle Up" theory. However, I agree that the Trickle Down theory is wrong. It's been shown time and time again that when individuals are given a tax refund, they will quickly go out and spend it, which helps to give the economy a boost. But when company are given a tax break, more time than not they'll simply horde the money or executives get large bonuses in the million. It is rarely used to hire more people, or give raises.
Yes when the economy takes a downturn, they are quick to give pay cuts, reduce benefits, cut hours or fire employees all together. This leaves the remaining employees to pick up the slack with no salary increase. Americans are horribly overworked and underpaid.
While that's true Craig, that's when the tariffs are one-sided. In a #tradewar, China reciprocates with tariffs of it's own. Meaning higher prices for Americans who buy Chinese products (which is almost everything) and for Chinese citizens, they'll buy more of their own products (good for them) and fewer of our products (bad for us).
This is very impressive news about $TOMDF. In fact it almost sounds TOO good to be true. A better, cheaper test that save more lives? Are there any downsides? Is it just as accurate as existing tests?
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Ray Dalio Is Kinda, Sorta, Really Wrong
This is simply the "Trickle Down" theory as opposed to the "Trickle Up" theory. However, I agree that the Trickle Down theory is wrong. It's been shown time and time again that when individuals are given a tax refund, they will quickly go out and spend it, which helps to give the economy a boost. But when company are given a tax break, more time than not they'll simply horde the money or executives get large bonuses in the million. It is rarely used to hire more people, or give raises.
Yes when the economy takes a downturn, they are quick to give pay cuts, reduce benefits, cut hours or fire employees all together. This leaves the remaining employees to pick up the slack with no salary increase. Americans are horribly overworked and underpaid.
Nxt-ID Gets A New Lease On Life
Very thorough analysis on $NXTD, a stock that gets little to no coverage. I'm impressed.
Getting Back On Track After A Trading Loss
Yes, don't invest too much and certainly not in a single stock. Diversify, diversify, diversify.
Is The Federal Reserve Laying The Ground Work For A Rate Cut
Well put.
Very Clever, Those Chinese Folks
While that's true Craig, that's when the tariffs are one-sided. In a #tradewar, China reciprocates with tariffs of it's own. Meaning higher prices for Americans who buy Chinese products (which is almost everything) and for Chinese citizens, they'll buy more of their own products (good for them) and fewer of our products (bad for us).
Weighing The Week Ahead: What Determines The Agenda For Investment News?
Always a pleasure to read this every week.
Finally A Real Cancer Diagnosis Breakthrough?
This is very impressive news about $TOMDF. In fact it almost sounds TOO good to be true. A better, cheaper test that save more lives? Are there any downsides? Is it just as accurate as existing tests?
Yeti Could Get Chilled By Lockup Expiration
It will take many days to unload all the shares that they have based on the average daily volume.
Ebay Sues Amazon Claiming Illegal And Unethical Activity
Lawsuits take years to play out. It will probably be a while before we hear anything.
Labor Slowdown Already; Another Account Falls In Line Of May 29
Agreed.