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Is the Trump Economy Good for Poker? Is the Trump Economy Good for Poker?

11-26-2018 , 03:41 PM
Quote:
Originally Posted by Max Cut
Looks like a lot of people gonna have more time for poker. Watch the libs/haters try to twist it.
seriously, and we could even re-train the bulk of them as poker dealers to handle the influx of all this new money into the poker economy from early adopting BTC millionaires as they all sell off
12-08-2018 , 12:12 AM
MASONNNNNNNNN
12-18-2018 , 03:25 PM
Annoys the **** out of me that I can now hear ads for something called my bookie dot com, with sports betting right out in the open no big deal.

But online poker is still illegal - thanks basically to Sheldon Adelson.

The level of cognitive dissonance to think the Republican party is good for poker, when Adelson is their biggest donor and this is his single biggest issue, is just staggering.
12-18-2018 , 04:19 PM
https://twitter.com/thehill/status/1075118753988243456
12-18-2018 , 04:25 PM
What the Republican tax bill did — and didn’t — do, one year later
In October 2017, Treasury Secretary Steven Mnuchin forecast that “the stock market will go up higher” if Republicans passed a tax cut bill.

Both the S&P 500 and Dow Jones Industrial Average are now down from where they were on December 22, 2017, when President Donald Trump signed the Tax Cuts and Jobs Act. The S&P 500 closed the day Monday at its lowest level since October 2017.

In September 2017, Mnuchin said that not only would the GOP’s tax plan “pay for itself, but it will pay for the debt.” He also claimed it would “cut down the deficits by a trillion dollars.”

In October 2018, Treasury said the United States’ federal budget deficit had increased to $779 billion in fiscal 2018, up 17 percent from the year before.
12-20-2018 , 06:35 PM
muh poker economy
12-20-2018 , 06:38 PM
just wait for trickle to kick in. buckle up!
12-20-2018 , 08:45 PM
Dow down 10%, awesome buybacks corporate America!
12-20-2018 , 10:24 PM
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.
12-20-2018 , 10:37 PM
onion
12-20-2018 , 10:39 PM
I'm gonna go out on a limb here and predict Mason does not reconsider / admit he was wrong / do anything other than randomly appear in like 6 months to rant about Obama and Holder, or something.
12-20-2018 , 11:12 PM
Quote:
Originally Posted by dth123451
I'm gonna go out on a limb here and predict Mason does not reconsider / admit he was wrong / do anything other than randomly appear in like 6 months to rant about Obama and Holder, or something.
lol this is pretty obvious, hell mason deleted any posts criticizing him and his support for republicans in the nvg thread about the wpt at the Venetian (including one of yours I believe), so he will never admit that he was wrong about who caused the online poker debacle
12-20-2018 , 11:20 PM
Honestly surprised this entire thread hasn't been deleted.
12-20-2018 , 11:30 PM
Admitting you were wrong is admitting weakness which is a big no no in the right wing.
12-21-2018 , 09:21 AM
I'm just imagining a huge warehouse full of freshly printed copies of ducy? Man I really bet big on the trump economy.
12-21-2018 , 11:14 AM
Quote:
Originally Posted by wheatrich
Admitting you were wrong is admitting weakness which is a big no no in the right wing.
nobody knows how wrong you are if you just delete the posts/threads
12-21-2018 , 02:09 PM
For serious, will you chuckle****s please shut up before he nukes the entire forum.
12-21-2018 , 02:13 PM
traffic too sweet atm, but watch out when trickleboom kicks in it's gg
12-21-2018 , 05:31 PM
The Trump economy makes poker action better because your average fish will play more poker, as they will lose less money at poker per hour than they do in the stock market
12-22-2018 , 12:23 AM
Quote:
Originally Posted by tomdemaine
I'm just imagining a huge warehouse full of freshly printed copies of ducy? Man I really bet big on the trump economy.
ya I was wondering about this too.

like, there is no way after trump got elected he went and did this:

Quote:
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.
I cant imagine mason is that dumb. cognitive dissonance, sure. wanting it to be one way, of course. but when it comes down to actually betting on the "trump economy" for poker no less, there is just no way.
12-22-2018 , 12:29 AM
Here is a question to which I don't think the answer is obvious. Are people who are significantly negatively affected by the recent stock market downturn more likely to be Trump or Clinton voters?
12-22-2018 , 12:50 AM
I'd bet it doesn't really matter because 95%+ of people who are affected by the stock market already vote and maybe at most 5% of them have sworn allegiance to one side or the other a long time ago.

The whole game is getting people with no skin in the stock market to vote.
12-22-2018 , 01:01 AM
The answer is Clinton ainec, firstly because Americans are in general more likely to be Clinton voters, and secondly because those "significantly negatively affected" by an economic downturn are likely to be the poor. Exposure to the stock market isn't as relevant as one would think because a stock selloff frequently goes hand in hand with a general economic downturn. Those with incomes south of 30K went Clinton 53-41, while those earning 250K+ only went Trump 48-46. This is possible because, as mentioned, Clinton got a pile more votes overall.

      
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