1989
Well-Known Member
Lack of communication or lack in confidence/clarity is only but a small part of the problem, but not why people are losing jobs left and right. This has been an on going self destruction of the market and the previous Adm sitting on their hands actually believing their economic idealogy and de-regulation would succeed. And now, in a month's time channeling your ire towards a democratic canidate that clean your parties clock and is now in power. I know it's hard to accept, but face it, the market dropped the ball.
The market does not look back, it moves on a forward outlook. The bad economy has been priced in the market. The market is going lower on less earnings, and people paying a lesser multiple of earnings as it should. Todays unemployment numbers didn't phase the market. But poor policy by punishing capital and sucess will not help create jobs.
I agree with you that Clinton should not have repealed the Glass-Steagall act back in 1999. Why do you play partisan politics? I have no problem with Democrates just some of their policies. I voted for Clinton 2, and Gore....Again poor people don't create jobs.
The market does not look back, it moves on a forward outlook. The bad economy has been priced in the market. The market is going lower on less earnings, and people paying a lesser multiple of earnings as it should. Todays unemployment numbers didn't phase the market. But poor policy by punishing capital and sucess will not help create jobs.
I agree with you that Clinton should not have repealed the Glass-Steagall act back in 1999. Why do you play partisan politics? I have no problem with Democrates just some of their policies. I voted for Clinton 2, and Gore....Again poor people don't create jobs.