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We'll be left blowing one bubble after the next until a more stable economy can be built with a strong, stable manufacturing sector as a bedrock, or until the system is pushed to the brink of collapse.
We had a good thing going in America in the 1960s and 1970s: trade surplus for most of it, a strong manufacturing economy, strong mining economy, strong agriculture economy with excellent, healthy produce at a fair price.
The finance economy existed then but was a small part of the economy, now the economy is based on the printing press and debt and monetized which is bought by the "federal reserve".
Health care was affordable because Americans had a sense of community and were much healthier.
It is becoming unrecognizable, they aren't even trying to hide their corruption. Much of the fake news out there is trying to play into this hysteria to cause desperation so they can have bigger and bigger corporate bailouts in the name of saving industries that were in trouble before from all the cheap debt they got into.
A stimulus deal? Both parties wanted for the federal government to give money away.
Lol...I’m a liberal. The stimulus would’ve been higher if left to me. It’s HOW it’s gonna be implemented that’s my issue.
Quote:
Originally Posted by t206
Which I'm sure will now mean that in addition to the auto companies circa the 1980s and early 2000s, now the US tax payer is in the hole for the airlines, cruise industry, and hotel industry. Let them fail. Natural boom bust cycles do great for innovation and for making inefficient industries restructure for the best.
That’s why I know you guys will be cranking up the Tea Party to oppose Trump, right?
I know that they feel they must do something. I hope it's not going to be a disaster in disguise. We'll see how it goes I guess.
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