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re: How embarrasing was last night for Democrats as a whole?
Posted on 2/20/20 at 3:06 pm to WildTchoupitoulas
Posted on 2/20/20 at 3:06 pm to WildTchoupitoulas
quote:
We currently don't have the capability to counter a recession. How much can the US borrow to stimulate the economy out of a recession? How low can the Fed drop the rate from where it currently is to stimulate investment?
You are correct here. We can’t borrow any more and with rates already this low, lowering them won’t help.
quote:
There's no one at the wheel of the monetary policy ship. As a matter of fact, there is very little policy at all in this administration.
Now you’re just being insulting. The plans have always been to cut spending while so cutting taxes. The taxes part happened and ironically taxes back into the treasury have never been higher.
Both establishment republicans and democrats fought the spending cuts and that’s why we are in trouble.
You keep saying we won’t recover from a recession, and I agree it will be very hard, but my question is what bubble are you seeing that economists aren’t?
And so far trump has been remarkably restrained in terms of military foreign policy. He’s actually done less than the previous president
This post was edited on 2/20/20 at 3:08 pm
Posted on 2/20/20 at 3:14 pm to Oilfieldbiology
quote:
The plans have always been to cut spending while so cutting taxes. The taxes part happened and ironically taxes back into the treasury have never been higher.
Spending is out of control.
quote:
Both establishment republicans and democrats fought the spending cuts and that’s why we are in trouble.
BIG trouble.
quote:
what bubble are you seeing that economists aren’t?
After having recovered personally from the dot com and housing bubbles, I'd have to say, "the next one".
quote:
And so far trump has been remarkably restrained in terms of military foreign policy.
I agree, I truly believe he doesn't want war. I'm just concerned his actions may precipitate it whether he wants it or not. Playing hardball with the Iranians may be the right play here, but they're unpredictable. They may just haul off and do something stupid the next time he assassinates another one of their higher-ups.
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