Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on "How Trump WILL FLIP THE HOUSING MARKET!" video.

  1. "Tax incentives to build more houses could lead to cheaper prices" Yea, I think the key word is "could." But the reality is, the builders will pocket those tax breaks and still charge what the local housing markets allow them to get away with. In other words, the wealthy get wealthier and we still get stuck with the bill. And deficits continue going up. That's what I'd do if I were a homebuilder. I'm too lazy to write the "wealth tax on assets" solution again 🙂
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  2. And my last comment of the day: "Tax cuts will put more disposable income in the pockets of working people" Ah yes, the trickle down economic theory still being perpetuated. Trust me, the amount of disposable money working people will have from those tax cuts won't make up for the huge increase in asset prices wealthier people are causing with their larger portion of tax cuts. But if you really want tax cuts to work, you do it this way. You give the company large tax cuts if they keep the money in the company, but once it is removed for whatever reason including stock buy backs, they get hit with a huge tax penalty higher than the current rates. That's a true working tax cut. You know full well that is not going to happen with the new administration.
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  3. Hmmm.... I thought you recently made a video about home insurance companies being "incentivized" with tax and regulation cuts to come back to Florida. That didn't turn out so well. Yes, they came back but with no intention on ever paying out when something happened. Now you think these same "incentives" are going to work extremely well with homebuilders? And now with nobody being held accountable for anything, it's only going to get worse.
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  4. For a long time, when administrations talked about "higher growth," it rarely translated to higher wages for workers. Instead, it often referred to the rising value of assets due to all the money flowing into the economy. Just wait until he rolls back bank regulations and we get to experience yet again all the instability that comes with it. Sure, the economy might see a temporary boost for a year or two, but an inevitable crash will follow when average people cut back on spending. And there are many reasons people will cut back on spending: student loans are coming back, cuts to social programs are inevitable, and deregulation of financial markets could lead to more scams that hurt people's finances. Those are just a few examples. This post is already to long.
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  5. Even though rates were higher, the houses themselves were cheaper based on wages and inflation.
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  6. ​ @wandameadows5736  There’s more to moving away from fossil fuels than just addressing climate change. True energy independence is impossible when a few companies and countries control the supply. Whether fossil fuels come from Saudi Arabia or American companies, we remain dependent on them. If the new president genuinely cared about making the country energy independent, he would push for a real "moonshot" in renewable energy. But we all know that’s not his priority.
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  7.  @ResisterCIO  You combine them all. And the tech is getting better and better. It's also getting cheaper and cheaper. And let's not forget the cost of using our military to protect oil while it is being shipped around the world.
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  8. ​ @ResisterCIO  The assets themselves do NOT have to be liquid. Those assets are not meant to be sold. When the owner needs money, they go to a "friendly" bank and borrow at 1 to 3% interest rather than sell the asset and pay a higher tax. That's one of many reasons asset prices are so high and our debt as a country and individuals is high. Most of us own nothing and have to go into debt to use those assets. A proper yearly wealth tax on those assets would solve a lot.
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  9. Instead of giving the builders more tax incentives, you give it to the FIRST TIME HOMEBUYERS. That's where the demand comes from, actual home buyers. Let them use that savings to choose whatever home they want rather than the "new ones" built by homebuilders that probably won't pass on whatever tax savings was directly given to them for building homes.
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  10. I'm so going to remember these no war comments when Iran is "brought to justice" with this new administration.
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  11. Deregulation = let big business cheat you out of your money and sometimes your life with no accountability Tax cuts = great time to buy more stock, more million dollar paintings, and a third yacht. Large increase in oil production = yes, we get more oil. Yippee!!!! But that doesn't change the fact we remain 100% dependent on these companies and countries. Only way to truly get energy independence is to do a moonshot for renewables. Good luck getting the new prez to do that. i'm too lazy to respond to the rest of the stuff. And one last comment.... I'm not against deregulation and tax cuts, but throughout our history, the red team takes it to the extreme and it ends up causing negative outcomes that lead to major recessions.
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  12. Deregulation = let companies cheat you out of your money and sometimes your life with no accountability Tax cuts = great time to buy more stock, more million dollar paintings, and a third yacht. Large increase in oil production = yes, we get more oil. Yippee!!!! But that doesn't change the fact we remain 100% dependent on these companies and countries. Only way to truly get energy independence is to do a moonshot for renewables. Good luck getting the new administration to do that. i'm too lazy to respond to the rest of the stuff.
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  13. Deregulation = let companies pillage your bank account and sometimes your life with no accountability Tax cuts = great time to buy more stock, more expensive paintings, and a third yacht. Large increase in oil production = yes, we get more oil. But that doesn't change the fact we remain 100% dependent on these companies and countries. Only way to truly get energy independence is to do a moonshot for renewables. Good luck getting the new administration to do that. I'm too lazy to respond to anything else.
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  14. Nobody wants to live there because it is polluted by coal.
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  15.  MichaeIBodenaro-Chat  Yea, got home from work and I'm laughing while listening to a 2 hour interview on a popular youtube channel telling young people to invest in crypto to secure their future. At least your video is not full of bots agreeing with what I call the crypto clown.
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