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and I can tell you the opposite story: one of our granddaughters who was a national merit candidate got almost all her tuition paid for and her older sister got all her out of state tuition paid for. No, they were not black and they graduated from highschool that is or was very highly rated.
He said public ivies, so I'm guessing it's very competitive even among national merit scholars.
Quantitative easing, which is essentially increasing the money supply, is a standard way to stimulate a weak economy. It keeps rates down, so businesses can purchase plant and equipment cheaply and allows consumers to buy things, such as cars, at low rates. It also holds down mortgage rates. While it did increase equity prices, which the wealthy mostly invest, the good outweighed the bad and to focus on that narrow aspect, and ignore the likelihood that the policy prevented a depression, is blind.
There you go again. A record wealth inequality is a good thing.
It's the cost of saving the economy for all of us.
It was buying the lies.
This one never gets addressed either....I'm betting you bought Geithners lies about how charging bankers with the crimes they committed would harm the economy also?
Previously I said "Can you provide a source to prove your QE statements? Answer: No"
With your above post I stand corrected.
Chad.
Thank you.....so where were the complaints when this was happening? Sanders was complaining and I give him credit for that and its the 2nd reason I have to vote for him.
This outcome was obvious years ago but those who say they are against the wealth discrepancies were no where to be found when it was happening.
The refusal to condemn the program because Obama was.president is why things never change...yes, many in the GOP was all for it, that's not a reason to not condemn it.
The "left" should have had a fit when Obama renominated Bernanke. He had just failed in his job perhaps worse than anyone had ever failed at a job and he gets another chance?
The president picks the person that will run the Fed. Congress (along with the president) instructs the Fed in the path it is supposed to take.
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And Sanders has not said we're going to print money to fund all these freebies.
Right, he said he was going to get some of the money back into the hands that actually could have used the help to start with.
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