Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "Nancy's stimulus package"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] That’s correct, the stock market is not the economy and yes Trump inherited a good economy so yes his arguments were all smoke and mirrors. I’m not denying the economy was good, I just don’t think Trump really did anything to improve it. The main driver under Trump was increased Federal spending, but that’s largely driven by democrats. It would have been great if we spent that money back in 2010/2011 instead so that the economy would have rebound faster. [b]Republicans purposefully slowed recovery because it helps them politically.[/b] Expect them to do the same if Biden wins. [/quote] WAT???[/quote] If you have to ask, look at the hassle Obama got for trying to pass the stimulus that the Tea Party kept reigning in and limited. There is a reason the growth over Obama's term was considered "anemic" - and then compare that to the floodgates opened by the same "fiscal conservatives' for the tax cut and now this stimulus. Fiscal conservatives in name only. Consider this... the Stimulus was 2.3 TRILLION dollars. There are 100 million eligible working adults in the US. so that should come out to $23,000 per adult or $46,000 per couple. Instead, each received $1,200. Corporations and billionaires received the rest. [/quote] You really have to have forgotten about history. Let me remind you about the things we did under the Obama Administration (and the end of the Bush Administration): PDCF TSLF TAFAMLF various swap lines a temporary guarantee for money market funds various supplemental financing programs CPFF MMIFF Maiden Lane Maiden Lane II Maiden Lane III TALF direct purchases of MBS from the GSEs allowing various investment banks to become "bank holding companies" recripocal currency agreements TLGP QE QE Lite QE2 QE3 I don't endorse any of it. I'm just reminding you of ACTUAL history.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics