General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDOW DOWN 240! ....9AM Today
Wall street getting nervous?
http://money.cnn.com/data/markets/dow/
Achilleaze
(15,543 posts)We can always count on the economy tanking with republicans in charge.
* republican Draft-Dodger-in-Chief
workinclasszero
(28,270 posts)Bush style depression on the way America...again!
CrispyQ
(36,527 posts)Yavin4
(35,446 posts)winetourdriver01
(1,154 posts)You know Wall Street, they've already banked the promised tax cut. As the White House descends into chaos and business in congress grinds to a halt, the Street is beginning to realize that they may have jumped the gun.
workinclasszero
(28,270 posts)If the wall street hustlers realize Trump wont be able to strip the wealth from average American and put it into their pockets...they will help get rid of him!
Yavin4
(35,446 posts)Bucky
(54,083 posts)frankieallen
(583 posts)lunasun
(21,646 posts)Johnny2X2X
(19,118 posts)This is all about the Corporate Tax rate cuts Trump wants. Slashing the Corporate tax rate from 35% to 15% is worse than it sounds considering the average effective corporate tax rate is already 17% and many pay zero. Remember the talk of closing loopholes in the campaign? That is no longer mentioned, in fact Trump wants more loopholes. Basically, the effective average corporate tax rate could drop to near 0. The deficit will explode and the Reps will cut services and raise taxes on working people to fill it.
workinclasszero
(28,270 posts)Brownbackistan Kansas.
Check the economy there to see how Trump and the koch bros will murder the economy nationwide.
CrispyQ
(36,527 posts)And yet repubs in these decimated states continue to get elected. I blame hate radio. It has infected huge swaths of our country.
workinclasszero
(28,270 posts)INDEXDJX: .DJI - May 17, 12:27 PM EDT
20,718.14 Price decrease 261.61 (1.25%)
dembotoz
(16,844 posts)frankieallen
(583 posts)The Dow closed at 17,888 on election day, and yipee, the economy is now tanking and were finally going to get rid of Trump!!
Currently 20,669.
Hmm, ok.