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Old 11-09-2020, 08:18 AM
 
1,253 posts, read 504,218 times
Reputation: 747

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The next 8 years will be interesting. The economy has made a historic epic recovery to this point. No doubt we should quickly get back to the historic pre-Covid economy. Now we have a 90% effective vaccine on top of that. Wow! Just Wow! President Trump's policies and historic efforts to mobilize the private sector, the public sector and the medical community have brought forth an amazingly effective vaccine. This all sets the stage for an amazing 8 years of economic prosperity. Having such a strong economic base prior to Covid allowed the economy to bounce back at record speed. Now the table is set to reach new record economic levels. We should have at least 8 years of record economic prosperity, based on how cycles work. Anything less than 8 consecutive years of amazing economic prosperity will be nothing short of a complete and epic failure on the part of President Harris/Biden and their administration. All the hard work is done and the table set. They just need to not screw it up.
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Old 11-09-2020, 08:22 AM
 
Location: Sector 001
15,948 posts, read 12,313,347 times
Reputation: 16113
Not that the left will do any better because both are addicted to stimulus money, but much of this expansion was from increasing the national debt through flooding the market with liquidity. If that liquidity dries up, the economy will quickly contract. If we add more liquidity that means more national debt. It will be interesting to see what happens. How long can they defy the laws of nature? Will the monetize the debt?
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