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I know what QE is. I also realize that the stock market isn't the best indicator of the economy. However, weren't we supposed to be having mass layoffs and sky rocketing unemployment by now? Weren't companies going to be closing up en masse?
Who knows but we haven't had true growth since QE started. Right now we are basically playing on monopoly money as oppose to house money when we invest in the stock market. Why, because it is inflated. When the tappering starts and we are still relatively high, I will agree but right now it is a flawed statement to say we are doing fine when it is propped up by government intervention.
Quote:
Originally Posted by saxondale351
Like Bush and two unpiad for wars and all his tax cuts for the rich did nothing to bring us down. LMAO Really?
It's obvious because the DOW just closed at a record all time high of 15,680.
The DOW has very little to do with how well the economy is doing.
What do you think will happen to our "consumption based" economy when large numbers of the public, and businesses too, lose considerable amounts of discretionary income due to Obamacare?
The DOW has very little to do with how well the economy is doing.
What do you think will happen to our "consumption based" economy when large numbers of the public, and businesses too, lose considerable amounts of discretionary income due to Obamacare?
Why is the Tea Party so concerned about the ACA?? The majority are on Medicare, Tricare and VA...thats a redistribution of tax dollars much bigger than the ACA. Why aren't you complaining about Medicare which will be 15 times bigger next year?? Get rid of Medicare and then whittle down the VA would seem to make sense or make everyone get on Obamacare which is very similar to Ryancare. That would save taxpayers a bundle.
Why is the Tea Party so concerned about the ACA?? The majority are on Medicare, Tricare and VA...thats a redistribution of tax dollars much bigger than the ACA. Why aren't you complaining about Medicare which will be 15 times bigger next year?? Get rid of Medicare and then whittle down the VA would seem to make sense or make everyone get on Obamacare which is very similar to Ryancare. That would save taxpayers a bundle.
How about you respond to the topic of the post you quoted?
You've been saying the government gives the poor so much money they never need to work. What changed?
What does the government giving money have to do with the stock market???? Stay focused, my post was not in response to government it was in response to OP ... see below.
Quote:
Originally Posted by MaseMan
It's obvious because the DOW just closed at a record all time high of 15,680.
You sure in hell dont continue to increase the number of people on welfare, which perpetuates poverty..
Come on now we all know this is the Democrat way. Welfare queens, foodstamps, which does in turn perpetuate such a high level of poverty, and they like it this way. We all know it, they can twist it anyway they like, we all know the truth. So much welfare under Obama, infact so much more then any other President. Obama has done not a damn thing, to fix what he claimed was broken, infact he broke us more!
It's obvious because the DOW just closed at a record all time high of 15,680.
While the Fed continues to pump it up with many billions of dollars per month. Every time they talk of ending that it drops like a rock. The numbers are artificial, it's not the economy getting them there. Thought you might have been aware of that common knowledge though.
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