$Nasdaq Composite Index (.IXIC.US)$ I want to put this out t...
$Nasdaq Composite Index (.IXIC.US)$ I want to put this out there so people have an understanding and I want you to verify what I am saying don't take what I'm saying at face value.
they're saying collectively that Trump will never be able to pay for what he wants to get done it's impossible. so they're spreading lies already as usual.
the reason why energy Independence and oil is so mission critical to the United States is presently under Biden Harris and prior under Obama when you would buy gasoline when you would fill your oil tank up when your goods or services are being shipped to you and that distributor in the 18-wheeler has to fill up that money is getting shipped overseas the bulk of that money leaves the United States.
that means it was taxed one time the money was earned oil was bought and it left the United States.
in economics there is a term it's called velocity of money.
look it up
if we produce oil in the United States and we sell oil in the United States and people consume the oil that was drilled in the United States refined in the United States and sold in the United States number one the price comes down that provides a significant amount of discretionary income which we will touch on in a moment.
by keeping the purchase of that oil in the United States to us companies in the United States they then in turn invest in new refineries in the United States they employ people in the United States they pay them wages in the United States those people generate an income that income is taxed. the balances are salary and now they go out and spend and they're going to buy goods made in the United States and now that dollar for the good that they bought is taxed and that store owner is going to order his bread from a local bakery who employs us people in the United States and that money is taxed once he pays them their wage and then they go out and they buy goods and services so that dollar that was ordinarily getting shipped overseas stays in the United States it goes round and round and round multiple times it doesn't go around forever because at some point it gets invested it gets saved. or buy a good or service that winds up taking that money and shipping it overseas and then it's gone.
the more times that money stays in the United States and goes round and round and round it's taxed every time and that tax dollars adds up significantly more than if you try to rip off and build the biggest corporations and the billionaires for paying their fair share which is what the left want to do. the velocity of money is the approach that Trump uses it's called supply side economics is an overlap it fits inside of that Venn diagram where prices will come down.
people have discretionary money that means extra money in their account which is what they don't have today because of buying harrisonflation.
so when prices come down that extra money they have they can go out take their families to dinner they could go out and buy a car they could go out on a vacation they can do things with that extra money and that in turn gets taxed.
this is the approach that Trump used in the past and this is the approach he will use in the future.
so when you listen to these bobbleheads on TV saying he'll never be able to pay for it they are morons
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MonkeyGee : crazy crazy day.
Justin Teeburd : Economy keeps doing its stuff regardless like you say. Turning off the news helps as both sides give you death or liberty mantra it’s nuts.