Listen: Kudlow, Credit Suisse, Carlo Mnuchin discussed on Phil's Gang
"New office space factories computers. The truck software, research and development. Not at all. The tax cut plan was one point five trillion. That's the plan. That's the one that Kudlow Mnuchin came up with they said, it would do just that gives us these corporations that big tax cut, and you and I'd be making more wages. But here's the big fall with his plan. Dopey Kudlow this plan. These two dolts Carlo Mnuchin gave money to the very people who already had bundles of money so much money. They didn't know what to do with it. They're giving them money to the wrong people. There's two dopes. He has a P five-hundred coverage have blown so cash. They have so much cash. They don't know what to do with it. So they gave them even more money. I laugh at though. The other day. I heard color used the word remarkable use the word remarkable to describe the amount of cash that's going back to capital of that is just remarkable the amount of cash that they're from this tax cut. Now, they're putting back into company wages are going up. Unbelievable. Just remarkable. But in fact, the word that Credit Suisse use their study to describe the amount of capital investment that went back to compromise was unremarkable. Opposite remarkable. Unbelievable for the only six percent of the one hundred fifty billion dollar tax windfall. Ends up in the pockets of employees sixty percent ends up in shareholder dividends. Yeah. See ios. The average Geos picking up thirteen million dollars extra every year in bonuses. Every year. Now, get this. This is. Okay. They understand. This is investment is vital shields. No. Then nobody knows that business investment is vital to grow our economy. Especially want to go to four to five percent. You gotta have business investment. And remember when you have business investment that's vital right to get the GDP growth four or five percent to lift the standard of living in this country. So ten years after the financial collapse in two thousand eight business investment. By the S and P five hundred corporations is still weak, very weak. In fact, Credit Suisse and their study said there is little correlation between the companies that got the largest tax breaks. And the companies that are investing the Marsh. Here's a number of the shock. You. It used to be that the s&p five hundred company here any year out. Before all the stock by that crap. Investors about forty five percent of their cash flow from profits back into their companies. Through this capital investment? Today. It's less than half of the forty five percent less than half about thirty eight percent mean twenty eight percent. This is crazy. This is nuts. Unbelievable. So when Kudlow now the names of several companies, you remember that he came out and announced these companies including apple and Comcast and Exxon who are these these are the companies you're going to step up that a play and spend spend spend poor that prophet right back in the capital investment. But we were duped. We relied you when we get back out. Explain how eight seven seven six hundred gang. Join my gang on the thirty nine ninety five eight seven seven six hundred gay get my stocks. Want more information on."