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member 3289
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Bloomberg just needs enough delegates that no one gets a majority after all primaries/caucuses.
Then Bernie gets fucked on super delegates again.
That is the Democratic Party's strategy imo
Then Bernie gets fucked on super delegates again.
That is the Democratic Party's strategy imo
Dude he is LOADED.
He doesn't need a box. He's gonna pay to have everyone else stand in a hole.
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Lol. Donna Brazile has a lot of nerve
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What a baffoon
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Deleted member 1
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Trump's economy is hot. There's a trump bump.
There's also a terrible financial policy behind it.
Fed should be reeling things in to have tools for when we need them. Deficits, subprime car market, etc. Is all going to hit hard.
There's also a terrible financial policy behind it.
Fed should be reeling things in to have tools for when we need them. Deficits, subprime car market, etc. Is all going to hit hard.
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History shows it always does every few years,..but with that in mind..experts expected the economy to tank a year ago. It didnt. It's funny how ending job killing regulations and giving workers job security and a tax cut can make them spend more and thus have a great economy. It was that simple
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Deleted member 1
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The economy didn't tank because of government spending and a bit of luck related to some of our peers being less competitive for a variety of reasons that aren't really our doing. Those reasons are going to recover. The market anticipated a contraction and did a huge amount of moving and preparation for it which has interestingly become a self-fulfilling prophecy to slow the drop.
There's a trillion dollars worth of boom time government deficit spending that's unusual...
What's the monetary policy plan when things crash? The fundamentals aren't actually very good. It's all on credit even down to the individuals.
So when things go down what will the government do? Historically that's the time to ease up credit and ramp up spending to take up the slack from the private market.
But the government is failing to do that right now. Instead we are running heavy deficits and lots of credit with low interest rates.
What tools will the government have when the economy contracts? European negative interest rates? 2 trillion dollar deficits?
Other than the Bernie's of the world, No one thinks we need to get crazy and taxing to cover this all at once. But as the private market heats up the government intervention should be backing off to put away some seed for the bad times. It isn't and that's a direct failure of government. Not Just some ebb and flow cycle of the market.
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People spend money, businesses make more money...give more jobs..economy booms as does the stock market as a result. Dems taxing everybody does the opposite. The war during George Bush's presidency tanked it then.
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Deleted member 1
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Yeah but what's the plan if we wont fix our government financial house now while we have lots of excess cash?
Doesn't it concern you that we have trillion-dollar deficits and aren't pulling them back despite the longest boom time economy in our lives?
With near zero interest rates, what do you suppose the Fed can do if things contract and we need more liquidity to soften the blow?
These all concern me greatly.
Beyond that I wonder how much tax cuts actually are helping when their total cost 2 trillion-dollar worth of reduced government taxation over 10 years but we are running up to trillion dollars worth of deficit and only 2 years. How much stimulus does that really create if I'm also handing out a net $8 trillion of money from the government over that same 10 years? Does 2 trillion in reduced taxes really boost the economy more than 8 trillion dollars in paid government contracts?
I'm not supporting either policy as always right. Just simply that in the sense of economic stimuli it would make sense to me that 8 trillion in contracts stimulates the economy much higher than 2 trillion in tax cuts And I'm not sure you can really attribute the bump to those tax cuts. The Trump bump started in the market on election night which was before this tax cuts anyways.
I am stocking up on Kibbles and Milk because I think you are correct
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We are always trillions in debt.
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Reaganomics tanked it, it finally went off. The war was a distraction.
But tax cuts makes them look the other way. They're sharing the loot.
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Reagan's policies are the reason families started to need two incomes. No one in my lifetime fucked up the economy like bush jr. That guy is a tard. Obama was a do nothing president that just added to the damage by making job killing policies