Is the Trump Economy Good for Poker? - Page 26 - Politics and Economics

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Is the Trump Economy Good for Poker?

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04-02-2018 , 06:59 PM

#626

Jbrochu

banned

Join Date: Jan 2005 Posts: 16,054

Republican's have been abusing the Postal Service and trying to make them fail for twenty years. You would think Amazon would get an award here or something.

04-02-2018 , 10:11 PM

#627

iron81

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 17,729

The fate of the Republic literally depends on Bezos being willing to absorb billions in losses by not reining in WaPo. The rest of the Amazon stockholders certainly aren't.

04-02-2018 , 10:49 PM

#628

Howard Beale

Formerly red

Join Date: Sep 2005 Posts: 22,190

Quote:

Originally Posted by Jbrochu

Republican's have been abusing the Postal Service and trying to make them fail for twenty years. You would think Amazon would get an award here or something.

What's interesting is that the Postal Service has been running adds on Fox touting the fact that they are America's number one parcel delivery service. Maybe Trump doesn't watch the commercials.

04-02-2018 , 11:40 PM

#629

ChrisV

Carpal \'Tunnel

Join Date: Jul 2004 Posts: 40,336

Quote:

Originally Posted by iron81

The fate of the Republic literally depends on Bezos being willing to absorb billions in losses by not reining in WaPo. The rest of the Amazon stockholders certainly aren't.

I'd expect him to be up for a fight. Amazon is a big company, they'll survive this. He personally is the richest person in the world and very secure in his positions as Chairman and CEO. He must ****ing hate Trump at this point.

04-02-2018 , 11:54 PM

#630

zikzak

Carpal \'Tunnel

Join Date: Jul 2009 Posts: 22,199

I lost 6 BI playing poker tonight so NO, the Trump economy is HORRIBLE for poker. Thanks a lot, Mason!

04-02-2018 , 11:58 PM

#631

stinkubus

Pooh-Bah

Join Date: Jan 2012 Posts: 4,422

Quote:

Originally Posted by ChrisV

If the USPS ends up cutting its deal with Amazon I would increase the price of Prime memberships by someone nominal amount, say $5-$10, and then make a VERY public spectacle of blaming it on Trump.

04-06-2018 , 05:13 PM

#632

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,333

Stocks Drop on Growing Trade Concerns

The Dow Jones Industrial Average tumbled more than 550 points as growing tensions between the U.S. and China exacerbated investors’ fears of an all-out trade war between the world’s largest economies.

All 11 major sectors of the S&P 500 declined, as investors broadly sold stocks, with the deepest declines among companies that stand to suffer from an escalation in protectionist trade policies, such as big industrial manufacturers like Boeing and Caterpillar.

04-06-2018 , 05:41 PM

#633

Jbrochu

banned

Join Date: Jan 2005 Posts: 16,054

If everyone stops wasting their hard earned cash in the stock market just think about how the games are going to boom.

04-06-2018 , 05:59 PM

#634

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,333

oh that's interesting. you're saying trump may be purposely tanking the "real" economy, forcing people to sell their investments, thus freeing up cash to play poker with. brilliant!

04-06-2018 , 06:02 PM

#635

dth123451

Carpal \'Tunnel

Join Date: Jul 2012 Posts: 15,502

Maybe poker players will be on life tilt after losing their life savings in the market, therefore making games great again. #MAGA

04-07-2018 , 09:39 AM

#636

patron

Pooh-Bah

Join Date: Oct 2015 Posts: 3,804

Maybe poker players will care less and be looser with their money, the closer we get to nuclear war, therefore making games great again. #MAGA

04-07-2018 , 09:42 AM

#637

patron

Pooh-Bah

Join Date: Oct 2015 Posts: 3,804

Maybe poker players will make more crying calls, as they shed tears for the state of our democracy,therefore making games great again. #MAGA

04-07-2018 , 09:48 AM

#638

tomdemaine

Just tries harder

Join Date: Feb 2005 Posts: 20,065

I was down around £200 at one point last night but fought back to finish the night up £125 so thanks trump! Even the uk poker economy is benefiting from your inspired leadership.

04-08-2018 , 05:41 PM

#639

forum ferret

grinder

Join Date: Mar 2018 Posts: 420

Yeah but what of the bangers and mash?

04-08-2018 , 05:48 PM

#640

ScreaminAsian

For President

Join Date: Oct 2008 Posts: 33,333

my favorite part of the trump economy is trump personally announcing a trade war and then his advisors deny there's a trade war and republican senators publicly announce that they hope he's just throwing yet another childish fit

but how that's supposed to be good for poker is beyond my understanding

04-08-2018 , 05:56 PM

#641

forum ferret

grinder

Join Date: Mar 2018 Posts: 420

lol everybody knows trade wars are good and easy to win!

04-09-2018 , 07:00 PM

#642

goofyballer

Carpal \'Tunnel

Join Date: Jun 2005 Posts: 70,719

Quote:

Originally Posted by Mason Malmuth

However, there are two arguments for this deficit:

1. The military needs the additional spending and to get the Democrats to agree with this other projects were also funded.

2. The tax cut will drive economic growth and the increased growth will reduce the deficit.

While I buy the argument for No. 2, it's a gamble and certainly is not a sure thing.

CBO predicts that Trump's tax bill and increased spending will blow the deficit to over $1 trillion in 2020, as expanded economic growth won't come even close to covering the deficit hole

Quote:

The tax overhaul, which includes permanent tax cuts for corporations and temporary ones for individuals, will increase the size of the economy by an average of 0.7 percent each year from 2018 to 2028, according to the budget office.

But that added economic growth does not come close to paying for the tax overhaul, which the budget office said would add more than $1.8 trillion to deficits over that period, from lost tax revenues and higher interest payments.

Hey, Mason, is this GOOD FOR POKER?

04-09-2018 , 07:19 PM

#643

Noze

Carpal \'Tunnel

Join Date: May 2012 Posts: 25,711

Wowww who could have seen that coming?

04-09-2018 , 07:54 PM

#644

Victor

Carpal \'Tunnel

Join Date: Jul 2003 Posts: 72,261

sounds like we should cut off the moochers. time to get rid of social security and medicaid.

04-09-2018 , 10:44 PM

#645

simplicitus

Carpal \'Tunnel

Join Date: Jun 2007 Posts: 10,840

Quote:

Originally Posted by Victor

sounds like we should cut off the moochers. time to get rid of social security and medicaid.

We'd save enough to order another aircraft carrier.

04-09-2018 , 11:39 PM

#646

leavesofliberty

Carpal \'Tunnel

Join Date: Jul 2010 Posts: 6,296

The stock market (and to a lesser extent crypto's) are definitely correlated with both Trump and poker. (Though I don't support Trump.)

04-10-2018 , 07:24 AM

#647

bigt2k4

Carpal \'Tunnel

Join Date: Jul 2005 Posts: 15,296

cause a bunch of idiots with money like MM actually think Trump is doing good things for the economy

04-10-2018 , 11:11 AM

#648

iron81

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 17,729

Opening up the deficit spending and tax cutting spigot is pretty good for GDP at least, though obviously little will trickle down. To get my Mason dunk in, that is the opposite of Mason's point.