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re: Goldman Sachs believes the US economy will slow to a crawl next year
Posted on 11/19/18 at 1:08 pm to Northwestern tiger
Posted on 11/19/18 at 1:08 pm to Northwestern tiger
Sounds reasonable. So much of the last few quarters has been tax cuts and stimulus. I've referred to that a "juicing" the economy to create government driven growth, and apparently Goldman agrees. Once the cash infusion works its way through the system, things go back down.
Also, we have (at least from what I've seen) a fundamentally strong economy right now. So that supports the no-recession projection.
Tariffs and restrictions on global trade have and will continue to have a negative effect. I can't imagine that America's present disdain for the rest of the world helps things, but it is difficult for a non-expert to quantify the negative effect. Without a doubt we could be in an even better position absent Trump's anti-trade policies.
Also, we have (at least from what I've seen) a fundamentally strong economy right now. So that supports the no-recession projection.
Tariffs and restrictions on global trade have and will continue to have a negative effect. I can't imagine that America's present disdain for the rest of the world helps things, but it is difficult for a non-expert to quantify the negative effect. Without a doubt we could be in an even better position absent Trump's anti-trade policies.
Posted on 11/19/18 at 1:24 pm to TBoy
quote:
So much of the last few quarters has been tax cuts and stimulus.
So much?
Posted on 11/19/18 at 3:16 pm to TBoy
quote:
tax cuts
quote:
government driven growth
Who knew that giving back the people there own money is government driven....
Posted on 11/19/18 at 11:19 pm to TBoy
quote:
Sounds reasonable. So much of the last few quarters has been tax cuts and stimulus. I've referred to that a "juicing" the economy to create government driven growth, and apparently Goldman agrees. Once the cash infusion works its way through the system, things go back down.
Are you talking about Trumps tax cuts or Obama's "Quantitative Easing"? You know the first put money back into peoples pocket so they could invest into their 401K or other investment tools or the second where the government just bought a bunch of stocks to enrich the fat cats that Dem's supposedly hate. Please give me more info and enlightenment.
Posted on 11/20/18 at 9:08 am to TBoy
You want to talk about juicing after the Osiah had 8 years of almost 0% interest.
Even mentioning juicing, proves you are a 100% total hack.
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