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:lamo Now you guys have switched over to saying it's the Democrats controlling the economy, not you?
The DOW has been stagnant and floating around for a year now, this didn't just start happening. You've dominated all 3 branches of government for nearly 2 years and only managed a measly 1.3% gain for the year. For once in your lives take responsibility for the consequences of your actions. This is Trump's economy? Own it!
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:lamo You guys have been heralding nonstop how super amazing the economy is, and now you want to blame it on the Democrats? You can't have both, so pick one, does the economy suck right now or is it great?
....
The stock market jumped nearly 600 points after the Democrats retook control of the House. Of course, that gain has now been entirely erased, which all in all resembles the same behavior of the market since last January.
These days attempting to tie the behavior of the market to real life events isn't unlike divining the will of the Gods by studying a sacrificed goat's entrails.
Except this year's turbulence is strongly correlated with the phases of Trump's trade wars.
:lamo You guys have been heralding nonstop how super amazing the economy is, and now you want to blame it on the Democrats? You can't have both, so pick one, does the economy suck right now or is it great?
The DOW has been stagnant and floating around for a year now, this didn't just start happening. You've dominated all 3 branches of government for nearly 2 years. For once in your lives take responsibility for the consequences of your actions. This is Trump's economy? Own it!
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As it is now, the markets are reacting to electoral fraud and having gains stolen. It's not good.
From his twitter:
The prospect of Presidential Harassment by the Dems is causing the Stock Market big headaches!
Wow. I originally thought this was a fake tweet. Wow.
The market's been crap all year, and now it's the Dem's fault?
The biggest thing Trump did was get rid of the plethora of ominous regulations anti business democrats saddled private industry with.
The second biggest thing was cut corporate taxes to lower the cross over line with Chinese pricing where America is more competitive with China (when they can't cheat).
The next thing is recognizing that it is an existential necessity that we confront China with unfair and illegal trade practices.
The economy has been getting the dick from China ever since Bill Clinton was Prez. It's going to take a long time to correct. So I suggest you don't hang your hat on short term fluctuations. We've had a strong advance, slowed by interest rates as designed because we need to get interest rates back up. It's gone from 0 to 2.25%, and we need to be at least 3% for reasons worth doing a Google search over.
The markets are wary of legislative chaos if they try a "Lilliputian" tactic, and seek to prevent all progress of everything Trump. But going no where is risk adverse, and the markets like that once they can a read on what the new congress's priorities are.
As it is now, the markets are reacting to electoral fraud and having gains stolen. It's not good.
Hey, that's reasonable. I agree with a lot of that, and what I don't isn't crazy!
That's crazy! LMAO.....:roll:
And it surely wouldn't have hurt to have some of those tax cuts put money in the hands of consumers, i.e. the middle-class. THAT's how you really stimulate the economy.The Corporate Tax Cuts were a good idea taken too far which Trump himself is grudgingly admitting, a staggering admission from the guy who thinks he is Mr Omnipotent.
Deregulation was a great idea. But it did not have to be riddled with corruption and so often an overreach as Trump's deregulation has regularly been.
We are right to take on China...just hard to see where the heck Trump thinks he is going with that. IP theft is the big problem we have with China and Trump has actually gone backwards in dealing with that issue.
The market's been crap all year, and now it's the Dem's fault?
Fake clouds!The clouds can be whichever shapes you see in them.
And it surely wouldn't have hurt to have some of those tax cuts put money in the hands of consumers, i.e. the middle-class. THAT's how you really stimulate the economy.
(though I would argue the economy needed little stimulation, to begin with)
Another witheringly stupid tweet from Bozo the President riles up his base to more absurdities AGAIN.
Got news for the Trumpets. There is a growing intolerance for Bozo the President and his daily dose of nonsense and he appears too oblivious to figure that out. If your silo has no doors and no windows it hardly matters if you are sitting inside at the top of the pile where Donald sits.
Agreed.Well now Trump is saying he would trade off some of the Corp tax rate for more Personal Tax cuts for the middle class. He never ever should have taken the nominal Corp rate to 21%. 26% would have been just fine thank you. That extra 5% on the nominal rate cost the Treasury $600B and we are getting nothing for it.
I'd argue there would be much gained ...If trump’s twitter account shut down for a few days, would anything of value be lost?
The clouds can be whichever shapes you see in them.
I can't tell if Bucky is taking a shot at Trump or Democrats. Sometimes he surprises me.
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