All Things Politics Thread
- Thread starter TFloss32
- Start date
Rotty22
Presidential
- Joined
- Jan 22, 2015
- Messages
- 6,039
DMAC
Well-known member
- Joined
- Nov 9, 2014
- Messages
- 5,417
Do you think anyone is changing any mind here? 9000+ posts and we are exactly where it started.
In the end I let Biden speak for me everyday. He is a walking and bumbling embarrassment to the entire world. I dont even have to say I told you so. Biden does that for me everyday.
Oh well each to his own. The Democrats are absolutely screwed this midterm.
Last edited by a moderator:
DMAC
Well-known member
- Joined
- Nov 9, 2014
- Messages
- 5,417
Stocks have been going up since the financial crisis in 2009 in a parabolic pattern. Besides that has zero to do with any President and more to do with the The Fed keeping ZIRP's in place for over a decade. Corporate buybacks are much easier when you can borrow money at zero interest and buy back your stock and instantly make a profit.
Besides I thought the left wing didnt like corporate buybacks? Low interest rates force people into risky assets and floods the economy with an overflow of printed money which causes what? Inflation. This next inflation cycle will be historic and will crush your 401k. Whos fault will it be? The Fed and EU Central bank for a decade of currency manipulation. See below for yourself
Besides I thought the left wing didnt like corporate buybacks? Low interest rates force people into risky assets and floods the economy with an overflow of printed money which causes what? Inflation. This next inflation cycle will be historic and will crush your 401k. Whos fault will it be? The Fed and EU Central bank for a decade of currency manipulation. See below for yourself
Rotty22
Presidential
- Joined
- Jan 22, 2015
- Messages
- 6,039
This was my point https://www.usatoday.com/story/opinion/2020/02/12/trump-stock-market-few-gains-millennials-regular-americans-column/4707868002/
"The stock market is soaring and setting records, a point that President Donald Trump often notes on Twitter and that he highlighted in his State of the Union address. He sees it as evidence of his administration’s economic success."
"The stock market is soaring and setting records, a point that President Donald Trump often notes on Twitter and that he highlighted in his State of the Union address. He sees it as evidence of his administration’s economic success."
Last edited by a moderator:
DMAC
Well-known member
- Joined
- Nov 9, 2014
- Messages
- 5,417
Yea well every President tries to take credit for the stock market. Truth is The Fed is the main reason. The only thing the president can do is cut taxes on corporations through legislation. The US has one of the highest corporate tax rates in the world.
Trumps admin pushed the tax cuts ,which did send the stocks higher. Just like the Fed the goal is to get companies to invest those profits in jobs but that NEVER happens under ANY president. Its all smoke and mirrors. With todays activist investors they push buy backs and eventual stock splits. That helps investors and 401ks but doesnt do much for growth for the economy. This will end badly just like the dot com bubble. You can see the "small drop" in 2009 was the dreaded financial crisis. The next one will make 2009 look like a kiddie park ride.
Last edited by a moderator:
About Us
