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Thread: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

  1. #31
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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by ReformCollege View Post
    Which is barely higher then they were in September. Perhaps if you actually followed the stock market you would know this.

    The markets would be the exact same right now whether taxes went up, down, or stayed the same. All the markets cared about, is that the fiscal cliff deal didn't get drawn out and that a possible recession was avoided. The taxes however, will effect the markets down the road, although results may vary.
    So all those dark predictions from Romney and the rightwing noise machine about how new taxes on the highest bracket will destroy the economy were self-serving prevarications.

    Yep, thanks for admitting that.

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by Fisher View Post
    You do realize that the S&P has not set a new high since 2007 don't you? I would hardly call that succeeding.
    Yep, the Bush Meltdown was bad mojo. Glad Obama and his economic policy has got the economy back on track, as the market shows.

  3. #33
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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by head of joaquin View Post
    Yep, the Bush Meltdown was bad mojo. Glad Obama and his economic policy has got the economy back on track, as the market shows.
    Well then why do you blame CEO's for the wealth gap widening? It is clearly Obama and his economic policies driving the show?

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by head of joaquin View Post
    So all those dark predictions from Romney and the rightwing noise machine about how new taxes on the highest bracket will destroy the economy were self-serving prevarications.

    Yep, thanks for admitting that.
    Destroy is a pretty strong word. Hurt in the long term is a better choice of words. But right now isn't the long term.

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by Fisher View Post
    Well then why do you blame CEO's for the wealth gap widening? It is clearly Obama and his economic policies driving the show?
    Wow, the nonsequitur of the month.

    Pssst: progressive income taxes versus Bush's tax cuts for the rich. See a contrast?

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by head of joaquin View Post
    Wow, the nonsequitur of the month.

    Pssst: progressive income taxes versus Bush's tax cuts for the rich. See a contrast?
    No. Taxes were still progressive even after the Bush tax cuts. But I do love how the new liberal standard for economic success is centered upon the success of Wall Street. But in case you didnt know (and you apparently dont) the run up on Wall Street that you are trumpeting as a success for Obama is the result of FED policy, not Obama policy--or the lack thereof.

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by ReformCollege View Post
    Destroy is a pretty strong word. Hurt in the long term is a better choice of words. But right now isn't the long term.
    Oh I think destroy is a word that the rightwing noise machine bandied about quite promiscuously. Even on this forum. So we agree that conservatives who made such claims were hyperventillating if not lying, right?

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by Fletch View Post
    No. Taxes were still progressive even after the Bush tax cuts. But I do love how the new liberal standard for economic success is centered upon the success of Wall Street. But in case you didnt know (and you apparently dont) the run up on Wall Street that you are trumpeting as a success for Obama is the result of FED policy, not Obama policy--or the lack thereof.
    Psst: Obama increased the progressivity of taxes with his tax increase on the wealthy. Remember, that's what you conservatives were against. And that's how you reduce the income gap.

    Focus.

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by head of joaquin View Post
    Psst: Obama increased the progressivity of taxes with his tax increase on the wealthy. Remember, that's what you conservatives were against. And that's how you reduce the income gap.

    Focus.
    You dont seem to have the ability to respond intelligently to what other people say do you.

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    Re: S&P 500 Hits New 5-Year High On Housing Boost, Jobless Claims

    Quote Originally Posted by head of joaquin View Post
    Psst: Obama increased the progressivity of taxes with his tax increase on the wealthy. Remember, that's what you conservatives were against. And that's how you reduce the income gap.

    Focus.
    Why don't we just get all the rich to leave the country with their money? That'll decrease the income gap. Just ask France.

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