DriveInDriveOut
Inordinately Right
Wait wait, liberals have been telling me Trump had nothing to do with the economy.....
DOW 30000
- Thread starter newfie
- Start date
With college knocking on the door I had plenty more to pay after that.
brownmonster
Man of Great Wisdom
That will be his answer when it starts tanking more. Fat Donnie. All credit. No blame.
DriveInDriveOut
Inordinately Right
You liberals want it both ways. Liberal hacks. All blame no credit.
BrownFlush
Woke Racist Reigning Ban King
I'm spending the college money now. Got lucky.
The boys went into the service, VA paid for their degrees.
Only thing the daughter cost me was a little tuition at the local community college and a seaside wedding.
Very nice!
Up In Smoke
Well-Known Member
Apples and oranges. 2009 we had 10% unemployment, losing 700,000 jobs per month. Foreclosure rates were at 40 year highs. The S&P dipped below 700 points. We were involved in three unfunded wars and we had fortune 500 companies on the brink of bankruptcy. Disparate times indeed. Today we are in the greatest economy in the history of the US and are considering some of the same tactics. Sometimes businesses need to lose and people need to suffer. The great depression shaped the country for generations. Good and Bad
DriveInDriveOut
Inordinately Right
Apparently the fed wishes they had acted sooner because that's what they're doing now.
I don't think a rate cut is really going to help.
DriveInDriveOut
Inordinately Right
Perhaps you're right but that is contrary to the explicit purpose of the federal reserve.
DriveInDriveOut
Inordinately Right
It's probably going to zero percent March 18th.
Of both sides could use their brains and work together, now would be an excellent time to issue a 50 year bond and pay off our national debt obligations with cheaper money.
It would help the economy in the long term.
newfie
Well-Known Member
always , the only person that gets rich in a socialistic society is the rich which includes bernie
How many people would jump on a 1.75% interest rate for 50 year's?
Especially when many countries are paying negative interest rates
Up In Smoke
Well-Known Member
Where would we be if the 14% corporate tax cuts were not passed, better or worse? I can't help but think better.
It did bring back a lot of cash from companies that repratrioted money from overseas.
Yes I agree with you that I don't like these big corporate taxes breaks
But... These companies blackmail the government by saying we will take those jobs and move them overseas. Maybe the one good thing about the coronavirus is that some of these companies will get beat up by the overseas supply chain and hopefully bring some of those jobs back here.
One can dream...
DriveInDriveOut
Inordinately Right
Or at least make people think about going elsewhere
Old Man Jingles
Rat out of a cage
Because Trump negotiated a 'Quid Pro Quo'!
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