Quote:
Originally Posted by MrBaldBastard
USA GDP is about 1.5 trillion a month, offshore cash was said to bring in nearly 2.5 trillion, and its quietly just been added to the bottom line, this year.. when it was a one off event. Think about that at least.
If unemployment is at 3.9%, how much can businesses expand before there is not enough workers and wages start skyrocketing?
When USA lowered Tax rates, I was screaming here with others.. we must lower ours to compete, but its proved to be a whole misconception because not a single business has left and returned to the USA due to lower rates, and investment funds have continued flowing in. And while that's great for Australia! You've been conned..
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Not all of have been conned. It's pretty common knowledge that Democratic administrations fills the U.S. Treasury, then the next Republican administration rolls back regulations, robs the U.S. Treasury and puts us more in debt.
Just like Obama spent 4 years dragging us out of recession and having the fed lowering interest rates, Trump has raised rates 6 times in a year for the 1% to rake in the cash.