But...but...but...the stack market isn't an indicator of a healthy economy! It...it...it's not good that all those Wall Street cats made all that money!
WTF are you smoking? Where did you come up with that stuff? LMAO Go to bed.
EDIt: sorry I didn't push the reply with quote button tea, this means YOU! Maybe I should be the one going to bed.
You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
In reality, supply (investment capital) does matter, but so does demand. Liberals generally favor a more balanced strategy that emphasizes both supply (investment) and demand (consumer spending). That's why the conservatives tend to prefer money going to the rich- because they invest it, where the liberals tend to prefer a more even distribution of money (because middle class people spend more of what they earn). That is the spectrum of American economic policy.
The stock market is, of course, an important economic indicator. It indicates the supply side. Conservative economists would claim that it is by far the most important economic indicator, liberal economists would say that it was only one of the important indicators, on par with consumer spending and median income and whatnot.
You seem to be saying it doesn't matter at all. What that would mean is that you reject both the liberal and conservative positions and have some kind of approach that is solely interested in demand. Something like an economic view you might find in the most extreme OWS person. So, that is a pretty surprising stance for you to take, so I'm asking you if that really is what you think, or if the stuff about the stock market you're saying is just empty talk.
You're doing the same thing some of these other guys are- trying to paint an overly simplistic picture. Of course the stock market isn't the only economic indicator that matters. It is one of several important indicators. It is the one that conservative economists fixate on the most. More than liberals. But that doesn't mean it isn't important. It is. To a conservative, this should seem to be great news that the stock market is way up. To a liberal, it is still very good news, although maybe not as great.
Thanks goodness for the Republican House that has led us to such prosperity!
Tired of elections being between the lesser of two evils.When the debate is lost, slander becomes the tool of the loser. -Socrates