I think the USDollar dropping 14% is the actual stimulus. Would the market be up 14%? Oil is up from $50 to $57 and that is 14%, coinkydink?Originally Posted by KLATTU
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I think the USDollar dropping 14% is the actual stimulus. Would the market be up 14%? Oil is up from $50 to $57 and that is 14%, coinkydink?
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Of course it is. Who do you think lobbied for the GOP tax bill? Don't forget when it comes to the economy, the higher you rise the harder you fall.
"Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
http://www.wealthandwant.com/
Every bubble sees good earnings and growth of companies. We have done nothing to correct the problems that led to the 2008 'recession.' What makes you think this time is different?
"Men did not make the earth ... it is the value of the improvement only, and not the earth itself, that is individual property... Every proprietor owes to the community a ground rent for the land which he holds." -- Thomas Paine, Agrarian Justice
http://www.wealthandwant.com/
You realize this is fueled entirely on the prospect of massive tax reform that will increase revenues of businesses sharply, right?
And that’s a great thing, but it’s being completely financed by adding to the national debt via increased deficit spending.
So what you’re cheering is a massive amount of deficit spending to raise corporate balance sheets.
‘The New Conservatism’, LOL.
Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.
No bailout next time. Never again.
Here are the numbers: About 52% of Americans own stock. Vast majority of stocks are owned by the top 10%
LAFFRIOT!! -you just gave credit to Obama for something that GOP congress should have gotten credit for.
So I think it's actually "for it is liberal dogma that Thou Shalt NEVER give lconservatives or Republicans credit for anything at all, but give credit for everything to liberals and Democrats"
Boy are you right about that. The GOP needs to get crackin on cutting spending.
Gee, that's strange...because most economists give the credit for our recovery to Obama's stimulus...and that the only real problem with the stimulus was that it wasn't large enough.
“To do evil, a human being must first of all believe that what he’s doing is good" - Solzhenitsyn
"...with the terrorists, you have to take out their families." - Donald Trump
Oh, I think you'll see the GOP in about six months being SHOCKED, SHOCKED, I tell you! about the skyrocketing deficit and debt.
How could this happen? We must cut Medicare and Social Security!
Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.
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