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Old 02-03-2018, 05:23 AM   #1
Mason Malmuth
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Is the Trump Economy Good for Poker?

https://www.twoplustwo.com/magazine/issue158/

Quote:
One of the things we do at Two Plus Two is to think about how poker is doing. The better it’s doing, the more books we should print, the more new titles we can take on, the more investment we can put into our website, and so on. Also, from a player’s perspective, the better poker does, the better the games will be, and the better the games are the more money the people we cater to will make. So what’s our current prediction? And why do we feel this way?

Well, our prediction is simple. We think the games over the next two or three years will get better and better, and if you’re a good poker player today, it’ll seem like you’re an even better poker player tomorrow because your expectation should rise. So why is this?

The answer is simple. The economy is great, and I subscribe to the idea that it’s only going to continue improving. Of course, this creates much disposable income which many people will use for entertainment and poker/gambling is certainly one form of entertainment for many people.

This brings us to the heart of the matter. On our website, we have many posters who literally hate President Donald Trump. But from a poker perspective, his economic policies, and this includes the tax cut which most people will benefit from, the elimination of numerous regulations, the effort to attract more investment into the United States, the current increase in many salaries as well as bonuses, and so on will, in my opinion, literally mean that we should see a growth in poker like we haven’t seen since the early days of the poker boom. (Well, that’s probably an exaggeration, but if you’re reading this you should get the point.)

There’s another thing that appears to be happening; this economic boom is spreading all over the world. It won’t be just the United States where the poker games improve dramatically. It will be most everywhere.

So for all you poker playing Trump haters out there, my advice is to think again.

Last edited by Loki; 02-03-2018 at 03:04 PM. Reason: You forgot something
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Old 02-03-2018, 05:54 AM   #2
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Re: Is the Trump Economy Good for Poker?

The trump table talk is so aids that even if my bb/100 goes up a little its not worth it
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Old 02-03-2018, 06:02 AM   #3
GermanGuy
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Re: Is the Trump Economy Good for Poker?

As I seem to be the only person who has read the article Mason linked, let me be the first to react to it:
lol
Seriously, it‘s not even, that you post about the booming Trump economy in the week where the DOW JONES has lost 1000 points, but disposable income hardly seems like an important factor in predicting the future of the Poker economy. How about the legislative environment? That hardly seems poker friendly going forward...
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Old 02-03-2018, 06:20 AM   #4
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Re: Is the Trump Economy Good for Poker?

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Originally Posted by GermanGuy View Post
As I seem to be the only person who has read the article Mason linked, let me be the first to react to it:
lol
Seriously, it‘s not even, that you post about the booming Trump economy in the week where the DOW JONES has lost 1000 points, but disposable income hardly seems like an important factor in predicting the future of the Poker economy. How about the legislative environment? That hardly seems poker friendly going forward...
Agreed on all points. The only real chance for another poker boom of any significance is a drastic change in the legality of poker in the US. Unlike what Mason said in the link, the tax cut does NOT help most people in the long run. Quite the contrary, most poor and middle class folks will see a net increase over the life of the new tax law. Rich folks will see a massive tax cut over the life of the law, and business owners will see a massive, permanent tax cut. People in those positions are already well off enough to play poker if they so choose.

A real poker boom sequel, at least in the US, will only happen if the progressive wing on the left makes it legal. That will sell books for the best forum on the net.
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Old 02-03-2018, 07:18 AM   #5
batair
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Re: Is the Trump Economy Good for Poker?

Why would i care? There are far more important issues going on then poker. Could have a boom bigger then the poker boom and id still want trump in handcuffs.
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Old 02-03-2018, 07:32 AM   #6
stringbettor
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Re: Is the Trump Economy Good for Poker?

As for the original article, lol at a continuation of employment and growth from the Obama years being labeled the "Trump Economy."

The online ban killed poker in the us more than any economic factors. Gambling is usually considered pretty recession proof. It would also help if winnings were not taxable like other countries. Good luck getting your evangelical buddies to agree to that.
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Old 02-03-2018, 07:37 AM   #7
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Re: Is the Trump Economy Good for Poker?

Is Nuclear Winter Good For Polar Bears?
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Old 02-03-2018, 07:37 AM   #8
corvette24
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Re: Is the Trump Economy Good for Poker?

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Originally Posted by stringbettor View Post
As for the original article, lol at a continuation of employment and growth from the Obama years being labeled the "Trump Economy."

The online ban killed poker in the us more than any economic factors. Gambling is usually considered pretty recession proof. It would also help if winnings were not taxable like other countries. Good luck getting your evangelical buddies to agree to that.
Exactly right. The only chance at another poker boom is legalized online poker in the US. No right winger will ever do that. A blue wave in 2018 and 2020 might. That and legalizing marijuana would be enough of a boon to the economy to partially subsidize national health care.
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Old 02-03-2018, 08:52 AM   #9
estefaniocurry
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Re: Is the Trump Economy Good for Poker?

I'm excited to sit at the table with a Trump voter. He's got money, he's a ****ing moron, and he's got a beta mentality. $$$
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Old 02-03-2018, 09:37 AM   #10
SuperUberBob
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Re: Is the Trump Economy Good for Poker?

Pretty embarrassing article by Mason. I was expecting some statistics on how the poker was booming again such as new legislation, softer cash games and tournaments, an increase in popularity and so on.

Instead it was a bunch of deplorable talking points that have continually been debunked on this forum.
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Old 02-03-2018, 10:40 AM   #11
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Re: Is the Trump Economy Good for Poker?

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Originally Posted by SuperUberBob View Post
Pretty embarrassing article by Mason. I was expecting some statistics on how the poker was booming again such as new legislation, softer cash games and tournaments, an increase in popularity and so on.

Instead it was a bunch of deplorable talking points that have continually been debunked on this forum.
As soon as I saw "Trump Economy" I passed on reading what I assume is more of the same old, same old from Mason.

My only question is when does he start deleting posts ITT that he doesn't like?
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Old 02-03-2018, 10:47 AM   #12
FlyWf
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Re: Is the Trump Economy Good for Poker?

It's objectively hilarious that Mason has been SEETHING at just the knowledge people dislike Trump despite his policies improving the worldwide economy(?). He's been holding it in over a year but finally could take no more. The memo being so disappointing is tough, I know, but buddy, it's gonna get a lot worse for all of us before it gets better.

Last edited by FlyWf; 02-03-2018 at 10:52 AM.
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Old 02-03-2018, 10:53 AM   #13
Paul D
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Re: Is the Trump Economy Good for Poker?

Mason, it's time to change your profile picture. Trump is doing everything Friedman was against.

Also, lol Trump economy.
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Old 02-03-2018, 10:58 AM   #14
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Re: Is the Trump Economy Good for Poker?

Mason, still somehow a GOP slappy even after Republicans ruined his business. Perhaps there is more to this than economic self interest!
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Old 02-03-2018, 11:13 AM   #15
Hired Goons2
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Re: Is the Trump Economy Good for Poker?

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Originally Posted by Mason Malmuth View Post
This is called denial. Hopefully, by the time you feel shame, it won't be because something catastrophic has been caused by the Orange Sphincter.
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Old 02-03-2018, 12:01 PM   #16
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Re: Is the Trump Economy Good for Poker?

I would like Mason to list the regulations that Trump has cut and explain how each cut will help the Poker economy.
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Old 02-03-2018, 12:31 PM   #17
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Re: Is the Trump Economy Good for Poker?

It'll probably be good for that super rich hollywood poker game ben aflek runs. not so much for the rest of us though.
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Old 02-03-2018, 01:15 PM   #18
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Re: Is the Trump Economy Good for Poker?

if we're using trump's logic on the stock market, the best president for poker was george w bush. miss that ol cowboy
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Old 02-03-2018, 01:20 PM   #19
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Re: Is the Trump Economy Good for Poker?

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Old 02-03-2018, 01:38 PM   #20
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Re: Is the Trump Economy Good for Poker?

The Future Of Online Gambling Under Attorney General Jeff Sessions
Graham: About the Wire Act, what’s your view of the Obama administration’s interpretation of the Wire Act, to allow online video poker, gambling?

Sessions: Senator, I was shocked at the memorandum, I guess the enforcement memorandum, that the Department of Justice issued, with regard to the Wire Act, and criticized it. Apparently there is some justification or argument that can be made to support the Department of Justice’s position. But I did oppose it when it happened, and it seemed to me to be unusual…

Graham: Would you revisit it?

Sessions: I would revisit it, and I would make a decision about it based on careful study, and I haven’t gone that far, to give you an opinion today.

tax cuts for multimillionaires + promises of ethnic cleansing for uneducated racist white people = the trump economy
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Old 02-03-2018, 01:46 PM   #21
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Re: Is the Trump Economy Good for Poker?

Quote:
Originally Posted by Mason Malmuth View Post
Quote:
On our website, we have many posters who literally hate President Donald Trump. But from a poker perspective, his economic policies, and this includes the tax cut which most people will benefit from, the elimination of numerous regulations, the effort to attract more investment into the United States, the current increase in many salaries as well as bonuses, and so on will, in my opinion, literally mean that we should see a growth in poker like we haven’t seen since the early days of the poker boom. (Well, that’s probably an exaggeration, but if you’re reading this you should get the point.)

There’s another thing that appears to be happening; this economic boom is spreading all over the world. It won’t be just the United States where the poker games improve dramatically. It will be most everywhere.

So for all you poker playing Trump haters out there, my advice is to think again.
Mason,

The Obama economy turned around a disastrous recession and brought unemployment back to low levels and the stock market to record highs.

It also didn't make you hate Obama/Democrats any less. So why should any of us give a **** about your transparent trolling in the above quote?
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Old 02-03-2018, 01:51 PM   #22
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Re: Is the Trump Economy Good for Poker?

Mason makes the mistake of assuming that all we care about is our own financial well-being. Trump supporters seem to be entirely motivated by self-interest, and completely lacking of empathy.

I wouldn't want a 10% raise or 20% raise when the trade off is poor people dying from a lack of healthcare, DREAMers being deported, numerous races being insulted by a racist president, and on and on. There are a lot of things worth more to me than money, and not all of them have to do with me.

Beyond that, the "Trump Economy" is going to be whatever is the result of rampant deregulation and tax cuts for the wealthy. It will very likely lead to a big recession. Hopefully not, but it's likely.
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Old 02-03-2018, 02:04 PM   #23
batair
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Re: Is the Trump Economy Good for Poker?

Ive boycotted all kinds of companies in my life. I still dont watch the NFL because of their role in uigea. Maybe i do need to rethink.
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Old 02-03-2018, 02:16 PM   #24
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Re: Is the Trump Economy Good for Poker?

Quote:
Originally Posted by Mason Malmuth View Post
Quote:
On our website, we have many posters who literally hate President Donald Trump. But from a poker perspective, his economic policies, and this includes the tax cut which most people will benefit from, the elimination of numerous regulations, the effort to attract more investment into the United States, the current increase in many salaries as well as bonuses, and so on will, in my opinion, literally mean that we should see a growth in poker like we haven’t seen since the early days of the poker boom.
My 9yo niece, literally, writes better, makes more coherent points, and uses punctuation more efficiently, than this, literally.
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Old 02-03-2018, 02:21 PM   #25
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Re: Is the Trump Economy Good for Poker?

Just be glad we live in a time of plenty and don't have to ration commas like we did in the dark days of 2016.
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