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We all know this growth is phony. The question is whether the collusion of businesses and the government has enough accounting tricks up its sleeve to keep this party rolling through the end of next year.
We know the Rs would dearly love to see the economy collapse before 2016 election, but I think the money people won't allow that as they are waaaayyy too much in love with money.
We know the Rs would dearly love to see the economy collapse before 2016 election, but I think the money people won't allow that as they are waaaayyy too much in love with money.
The US rally is primarily due to the Republican success in slowing down the anti-growth, anti-jobs agenda of the Democrats. Therefore, the needless burdens inflicted on the economy by Democrat policies have ended up slowing growth, not ending it, producing a steady economy with sub-par growth but no boom.
There will not be a bust until we have a boom. And Democrats have regulated and legislated booms out of existence for the present.
The stock market bubble is not unique to the U.S., no different than the housing bubble.
The US rally is primarily due to the Republican success in slowing down the anti-growth, anti-jobs agenda of the Democrats. Therefore, the needless burdens inflicted on the economy by Democrat policies have ended up slowing growth, not ending it, producing a steady economy with sub-par growth but no boom.
There will not be a bust until we have a boom. And Democrats have regulated and legislated booms out of existence for the present.
Seems like you're a partisan jockey, its not a partisan issue though as some have stated before me.
The stock market bubble is not unique to the U.S., no different than the housing bubble.
Here's a tip that has already made me rich:
There is no stock market bubble yet.
When all the people who sold out ten thousand Dow points ago, and all those who have been waiting for the "crash" or for the bubble to pop, when all those people with all that money pile in at the top--maybe at Dow 22,000 or 24,000...then we'll have a bubble.
I'll be selling to those pigeons, and buy whatever bargains they are selling this time in order to join the latest bubble.
Translation: the economic success under this administration needs an explanation.
I've lived through booms and busts several times and this is the worst recovery yet.
Quote:
Originally Posted by Opin_Yunated
Of course they do. It's not even a question. It's the government. They regulate the currency, thus the markets. Get over it.
It's called the industrial military complex and the political elite coluding to control the people through debt. Slavery is far from over. Get with it!
Quote:
Originally Posted by florida.bob
We know the Rs would dearly love to see the economy collapse before 2016 election, but I think the money people won't allow that as they are waaaayyy too much in love with money.
Seems like you're a partisan jockey, its not a partisan issue though as some have stated before me.
I understand your point, but it seems indisputable that regulation and taxes and legislation and jawboning and every other tool that could be used to harass employers has been in play. From President Obama's first budget document to his recent push to overpay the unskilled, the agenda has been anti-jobs from the start. I'm more pro-prosperity than partisan, although today that means that I am pretty much totally at odds with the radical bent of mainstream Dem thought.
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