Was the level of the Dow Jones an important part of the campaign for either candidate? No...because it was already high. The average voter was not motivated by the Dow at all.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Plans $350 Billion Boost to U.S. Economy Over 5 Years, 20,000 New Jobs, and a New Campus [Updated]
- Thread starter MacRumors
- Start date
- Sort by reaction score
Was the level of the Dow Jones an important part of the campaign for either candidate? No...because it was already high. The average voter was not motivated by the Dow at all.
Trump: I will introduce a corporate friendly tax policy to get Apple and other companies to repatriate their money back to the US.
Apple: ok, here it is.
Republicans: Nice. MAGA!!
Liberals: that wasn’t Trump or the republicans. They were going to do that anyways.
Republicans: Wow.
Apple: ok, here it is.
Republicans: Nice. MAGA!!
Liberals: that wasn’t Trump or the republicans. They were going to do that anyways.
Republicans: Wow.
Don't mistake an aging bull market for a surging economy, please. We have been there, done that so many times already. But hey like the Jeremy Irons' character in Margin Call said of Wall Street, "we can't help ourselves..." and so we are doomed to the street's boom and bust markets for as long as the planet can stand it, assuming we never summon and sustain the political will to do something about it.
Look at how Dodd-Frank has already been weakened, with the poor banks still crying about how regulation is killing them. Hard to claim credit for helping create a robust economy and scream bloody murder over getting killed by regulation at the same time but still Wall Street manages to do it.
How soon we forget a decade ago. How soon ready to ride that crest to the crash one more time.
When we do crash of course it will be Obama's fault
and until then I say it's just a matter of time.
350$ billion invested and 20k jobs for USA for a change, on behalf of an American company?
...And some stock of $2500 i think?
I loathe virtue signaling globalist Tim Cook, but this is an EASY thing to rally behind and applaud, with a standing ovation since USA has been in such a drought of love from Apple. Especially with Timmy’s DACA obssession and anti-this president rhetoric. Dude, get back to work already
Refreshing to hear people give POTUS some credit in this thread for making America business friendly again and the successful tax bill, tho i know there are many where even if he cured cancer, they’d find some way to deny or scoff and be outright pissy
Unequivocally, WOULD **NOT** HAVE HAPPENED had we had the alternative dumpster fire option,
Unequivocally as well, because I can read a calendar, not the result of the fruits of labor of our previous president. If it were, this would have happened (don't think Obama wouldn't want his name attached to success? not into it?) throughout his lengthy, and unsuccessful 8 year administration of pathetic economic growth. It didn’t.
Facts hurt. Making More money wont.
MAKE APPLE GREAT AGAIN.
...And some stock of $2500 i think?
I loathe virtue signaling globalist Tim Cook, but this is an EASY thing to rally behind and applaud, with a standing ovation since USA has been in such a drought of love from Apple. Especially with Timmy’s DACA obssession and anti-this president rhetoric. Dude, get back to work already
Refreshing to hear people give POTUS some credit in this thread for making America business friendly again and the successful tax bill, tho i know there are many where even if he cured cancer, they’d find some way to deny or scoff and be outright pissy
Unequivocally, WOULD **NOT** HAVE HAPPENED had we had the alternative dumpster fire option,
Unequivocally as well, because I can read a calendar, not the result of the fruits of labor of our previous president. If it were, this would have happened (don't think Obama wouldn't want his name attached to success? not into it?) throughout his lengthy, and unsuccessful 8 year administration of pathetic economic growth. It didn’t.
Facts hurt. Making More money wont.
MAKE APPLE GREAT AGAIN.
Last edited:
Maybe Antifa can go out and get jobs now and stop being bums?
(a joke, however bad of one it may be)
(a joke, however bad of one it may be)
Media has been unbiased - just didn't know it with a Democratic President. A Republican President exposed this and so much more.
Stable genius at work, with a clean bill of health!
...step aside pant suit dumpster fire
[doublepost=1516232010][/doublepost]
can't even acknowledge the (dominant) liberal news media is liberal biased
oh boy! this is rich
Wage growth requires productivity growth. Too many jobs created during the Obama era were part time. That’s why wages were stagnant even as unemployment returned to normal levels. Corporate tax cuts encourage investment, which leads to innovation and productivity growth.
[doublepost=1516232110][/doublepost]
Probably not. The stock market rally was believed to be on its last legs in November 2016 since the Fed still has to unwind $4 trillion of asset purchases. Still a threat, but deregulation and the corporate tax cut should help offset that.
part time, AND underemployed.
the numbers were padded, and crap at that.
with current admin, we'll have jobs in numbers and more quality/higher paying as the standard
Angry liberals can be angry with their higher pay/mandate repealed to pay a penalty for not having o-care, and a bigger bonus... it sucks, I know.
"Bonuses," i.e. small one-time payouts for a small number of widely publicised companies, not permanent pay raises.
Clearly not the system that this new tax bill supports.
We're straying from the topic but perpetuating this falsehood is incredibly dangerous.
Nobody chooses not to buy health insurance; you either can afford it or you can't.
You guys are something else. Believe what you want.
People are giving way too much credit to both Trump and Obama.
Do you really think that a $350 billion decision wasn't planned years in advance? Apple just spent $5 billion making the Apple Park. (Under Obama mind you). Of course they were planning to reinvest in the country.
Despite the wishful thinking expressed here, who the president is had next to nothing to do with this.
Do you really think that a $350 billion decision wasn't planned years in advance? Apple just spent $5 billion making the Apple Park. (Under Obama mind you). Of course they were planning to reinvest in the country.
Despite the wishful thinking expressed here, who the president is had next to nothing to do with this.
if it were HRC, *MANY* would be saying it has everything to do with it
Selective data analysis depending on who runs the show. This denial of facts will be maintained until the bitter end, exhausting however it may be, bring it on!
--
I guess by that absurd logic, the Obama administration didn't really get Osama, cause it popped up in George's head one day while he was on the can.
Thanks George!
"wishful thinking" not wishful and nothing to think about, its obvious to some at least how this was able to be made possible from a biz standpoint. Reducing corporate taxes wholly plays into that.
GG
Well since Cook flat out said on ABC news about 5 minutes ago that this is due to the new tax policy I will say to give the current admin who passed this policy credit.
No it was not planned years in advance. The decision came from 2 factors. The first factor is of course the EU ruling that Apple must pay $15.4 in back taxes. The 2nd factor is Trump's tax cut. Since Apple is going to have to pay taxes either way (either pay the EU or pay the US), they decided to repatriate some their money and finally put the money to use.
There are plenty of people, a majority actually, that are not going to see benefit from the tax cut. When you factor in the increase in health insurance costs which went up due to Trump and the GOP led congress, the $1000 they touted as a tax savings is washed away by paying more in health insurance. Personally, I'll see more savings in taxes, but I'm already paying about $1100 more each month in health insurance compared to last year. So saving ~$5k in taxes still ends up with my family losing $7k+ each year.
Of course this is done on purpose because congress and Trump know most people don't do the math and will only focus on savings - not realizing they're getting screwed.
Looks like you don't know much about the tax plan. Come back in a few years when the cuts expire.
