Forum Index
»
Political Discussion
That's all in the feds hands. They keep printing and borrowing and thus devaluing the currency. Take some of that spending power away and we won't have rampant inflation. |
|
So happy that the Republicans have come around to Keynesian stimulus. It is amazing that massive government spending (annual deficit of $1 trillion)and a $2 trillion tax cut can achieve an incredible economic growth rate of.............2%!!!!! Just WOW
https://mobile.twitter.com/paulkrugman/status/1209460256507596801 |
| There's no way the Dems can spin it. The economy is absolutely on fire and it looks like it'll keep going up in 2020. It spells trouble for the Dems |
No kidding! The GOP is like the DNC lite. Why bother hating them? |
It is, and they know it. And there is not much they can do about this, that is why they began impeachment. |
| Well, they. can impeach again and again and again and again and again and again and again. Circus Maximus |
Not true. The Democrats don’t usually run up massive deficits when the economy is not in a recession- that’s the GOP (Reagan, Bush Jr, and now Trump). It is just pathetic that with all the deficit spending they cannot get more than 2% growth. |
Krugman, the dope who confidently said that market would drop by 25% if Trump was elected, is now opining on something else. Does anyone take this jerk seriously? |
Yep, that is the main reason for the impeachment - a sort of Hail Mary pass given that the economy is doing phenomenally. They know that they are on such shaky grounds when it comes to impeachment that they still want to call witnesses during the Senate trial after ranting about how they have an air-tight case to justify impeachment in the House. Pelosi is trying to use leverage that she imagines she has to prevent the articles of impeachment being transferred to the Senate - so much for the airtight case!! The Democrats and their minions in the media keep spinning news on the economy to suggest it is not doing well but with consumer confidence being as high as it is, they know it is falling on deaf ears. |
|
Since 2017, only 7% of auto loans have had income verification.
Wall Street Journal "An $809 Car Payment, a $606 Income: How Dealers Make the Math Work." - Dec 21, 2019 |
|
Nasdaq just hit 9000 for the first time in history ........ how long before we see 10,000?
Of course, if we believe some of Trump's detractors on this forum, it has nothing to do with the economy which according to them is substandard in performance! |
| Are Americans seeing wage growth? |
Is wage growth important? Only if the dollar becomes worth less and less. |
|
Read somewhere that this is the biggest stock market gain since 1928.
Remind me -- what happened in 1929? |
Democratic logic: The rise in the market is because of Obama ........ and if we end up with a repeat of 1929, then it will be Trump's fault. |