China & Europe worried tax cuts will cause a giant sucking sound...

[JGalt]

... as trillions of dollars leave for America.

"Indeed, China is in what could be described as a minor panic over U.S. tax reform. Why? China's high taxes, extreme regulations, high debt and shaky currency make it vulnerable to the $1.5 trillion tax cut that President Trump and congressional Republicans are about to unleash.

Specifically, China fears that hundreds of billions if not trillions of dollars of accumulated trade surpluses will flee the Middle Kingdom's shores to return to the U.S. to be reinvested here as the American economy takes off."

China And Europe See What U.S. Critics Don't: A U.S. Tax-Cut Boom Is Coming | Stock News & Stock Market Analysis - IBD

Why Europe is worried about Donald Trump’s tax bill

US tax reform breaks global rules, EU says | Business | DW | 19.12.2017

 

[william the wie]

Which treaties and were they ratified by congress? No US treaty signed by a president or SOS but not ratified by congress is worth the paper it is printed on.

 

[Missouri_Mike]

Kind of crazy the only people we really have to fight over this are our own citizens who're too fucking stupid to understand what is happening.

 

[shockedcanadian]

Ontario has stolen hundreds of thousands of U.S jobs which allow the security apparatus and undercover police to enter and do as they please. I cannot think of many reasons an American corporation would choose Canada ove the U.S to house their HQ's now. This will impact socialist Canada for two decades

Also, don't forget some of the details, this is extremely important, Trump announced that trade is a National Security threat. These are not idle words, there will be consequences for abusive states.

Canada among others, is in deep trouble. Citizens like myself who could have helped Canada WIN, have been sidelined by the self serving police agencies. What goes around comes around...sob's....

Get 'er done Trump!

 

[JakeStarkey]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

 

[Missouri_Mike]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

What made the labor more expensive? Taxes maybe?

 

[william the wie]

Assuming a multiplier of four, which is insanely conservative, 2.5T in repatriation, 1T of construction in low SALT states due to internal migration and 1T each from China and the EU, also insanely conservative then a doubling of GDP in 12-18 months is what will be seen. that is going where no other economy has ever gone in terms of growth going back to the domestication of wheat.

 

[JGalt]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

 

[Missouri_Mike]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

 

[bripat9643]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

I work for a big software consulting firm, and they are trying to reduce their reliance on offshoring and hire more consultants here in the US. Offshore consultants are cheaper, but the quality is lower, and it's difficult to get things done in a timely fashion.

 

[JGalt]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

That's interesting. Ronald Reagan was credited for bringing down the Soviet Empire, Donald Trump could very well be the cause of the worldwide demise of progressive socialism all together.

20 years from now, they'll be calling him Donaldus Magnus.

 

[bripat9643]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

This is where globalism bites America's competitors in the ass.

 

[TomParks]

The USA has the best workers and infrastructure bar none

 

[Missouri_Mike]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

I work for a big software consulting firm, and they are trying to reduce their reliance on offshoring and hire more consultants here in the US. Offshore consultants are cheaper, but the quality is lower, and it's difficult to get things done in a timely fashion.

I've spent years trying to get through tech issues with a fucking India guy claiming his name is Bob yet speaks so shitty english he may as well be from fucking pluto. The quality of these people is pathetic and most of the time we have to use our own internal guys to find the solution and tell the idiot in India what code to send to solve the problem. Jobs coming back, what a concept.

 

[Missouri_Mike]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

That's interesting. Ronald Reagan was credited for bringing down the Soviet Empire, Donald Trump could very well be the cause of the worldwide demise of progressive socialism all together.

20 years from now, they'll be calling him Donaldus Magnus.

It could happen. The nashing of teeth from the democrat media will be hard to drown out but...

 

[TomParks]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

That's interesting. Ronald Reagan was credited for bringing down the Soviet Empire, Donald Trump could very well be the cause of the worldwide demise of progressive socialism all together.

20 years from now, they'll be calling him Donaldus Magnus.

20 years from now Trump will be on Mount Rushmore

 

[JGalt]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

That's interesting. Ronald Reagan was credited for bringing down the Soviet Empire, Donald Trump could very well be the cause of the worldwide demise of progressive socialism all together.

20 years from now, they'll be calling him Donaldus Magnus.

It could happen. The nashing of teeth from the democrat media will be hard to drown out but...

Let 'em gnash. The results of Trump's greatness will leave the sock-puppet media cold, irrelevant, and without followers.

Will the last person to leave the CNN building please shut off the lights. Thank you.

 

[JGalt]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

That's interesting. Ronald Reagan was credited for bringing down the Soviet Empire, Donald Trump could very well be the cause of the worldwide demise of progressive socialism all together.

20 years from now, they'll be calling him Donaldus Magnus.

20 years from now Trump will be on Mount Rushmore

I would bet that other countries will be erecting statues of him, for leading them out of their globalism and socialism.

Is he a great leader or what?

 

[bripat9643]

The jobs won't come back.

Why in the world would the corporations give up cheaper labor in favor of more expensive American labor?

I work for a big software consulting firm, and they are trying to reduce their reliance on offshoring and hire more consultants here in the US. Offshore consultants are cheaper, but the quality is lower, and it's difficult to get things done in a timely fashion.

I've spent years trying to get through tech issues with a fucking India guy claiming his name is Bob yet speaks so shitty english he may as well be from fucking pluto. The quality of these people is pathetic and most of the time we have to use our own internal guys to find the solution and tell the idiot in India what code to send to solve the problem. Jobs coming back, what a concept.

On my latest project I was assigned the task of fixing all the stuff that the offshore guys couldn't get working.

 

[TomParks]

It might be interesting to watch what happens to a world economy which is trying to base itself on globalism, when loses the support of a country which has been helping to prop it up for the last 8 years. Will we we be seeing economic turmoil abroad? Recessions? Wars?

Maybe. Other countries are going to have to make some serious decisions. Once the US ramps up there are no others that can keep pace. So what will they do now? A lot of the socialist countries are going to get hit which is good. They better get to changing fast or will be left behind.

That's interesting. Ronald Reagan was credited for bringing down the Soviet Empire, Donald Trump could very well be the cause of the worldwide demise of progressive socialism all together.

20 years from now, they'll be calling him Donaldus Magnus.

20 years from now Trump will be on Mount Rushmore

I would bet that other countries will be erecting statues of him, for leading them out of their globalism and socialism.

Is he a great leader or what?

Several small restaurants have already named their business after him: