Discussion in 'Politics' started by Northern Flash, Dec 31, 2017.
“The night Trump trounced Hillary Clinton, Paul Krugman predicted the stock market, which initially sold off on the unexpected outcome, would “never” recover from the blow. The next day, the Dow soared 257 points, and has barely paused for breath ever since. In the same column, written in the wee hours of Election night, a despondent Krugman said Trump would plunge the country into a terrible recession“.
Guy is a genius to the left.
It was all documented where it went. A lot of money went to the States and county's to help fund the teachers, police and firemen that were due to be laid off. They got to keep their jobs and pay their bills and buy goods which you guys delivered to the market. That helped to keep you working too.
Now you know the rest of the story
It was passed as Infrastructure repair...
Did your State receive any money to make up their shortfall?
The problem is even thought it was a major crash many of you guys were for the most part oblivious to it.
You had jobs and didn't realize how bad it really was. And the Government helped the economy along to save your jobs, kept you working.
I lost my job, had to change. Took a horrible one for 4 months, just to pay the bills, and avoid government assistance. By March of 2009, my now boss needed to make thing more efficient with casket haulers. Closed a warehouse, moved one to Indy, so he hired me. Government has nothing to do people dying. Mortality rate is 100%.
The Bill was sold as repairing roads and bridges...
You missed the big point.
Without government help your employers would have shut down. You would not be able to find a driving job if consumers stopped buying the products.
People do die but they don't need caskets, when faced with a short budget family's can follow other avenues.
You hate to look at the way the economy really was and how Obama helped save our ass's.
I think it's more your stubborn clinging to old ideas that aren't in the best interest of the people.
You fellers like to think just do nothing and it will all come back on it's own accord.
It might but it could be generations before it does.
Obama spends a trillion in one year and saves the free world, President Trump makes a $1.5 trillion tax cut over 10 years and its debt.
You people are so full of .
Nope. Sorry, but youre wrong. My employer has NEVER lost money since 1884. Even in the worst of times, they profit over $100 million. They've also branched out, buying 4 companies in unrelated industries, as fallbacks, since burials are down 50% since 2000. We aren't dependent on Government Handouts....
Obama's budget was over 4.1 Trillion several years, with 2.2 trillion in taxes to the Treasury. He took Bush's 459 billion deficit, ballooned to over 1.5 Trillion per year, then, for his last year, cut it to 450 biillion, and he and Mags claim they cut Bush's deficit to 1/3rd.
Coolidge met a larger, deeper recession in 1920. He and Congress cut spending to 1/3, cut taxes by 50%, and the economy rebounded in record time of about 1 year.
FDR (and Obama) used Keansian Economics of increasing spending, more regulations, and higjer taxes. Both had L O N G Drawn out recoveries and little growth. Got was so bad it caused the Great Depression and it took war spending to grow from. Obama expanded the Money Supply so much, that were lucky we haven't collapsed. When Carter expanded supply 1/6 as much, it caused 22% interest to borrow money. Only times nations have printed as much as barry, those were Zimbabwe and the Weimar Republic.....
So "infrastructure" money was spent on teachers, police, and firemen? What gets built with that "infrastructure" money, their own personal houses?
Either you are full of crap, which is likely, or this is another example of why we can no longer allow Democrats to be in power, because they misuse our tax dollars.
Let's see, we are out in the working world seeing what's going on around us, but are "oblivious" to our surroundings. Yet you, on the other hand, sit on your ass inside the house all day, but you are well informed about what's going on out in the real world?
I'll make a note of that.
If you would quit polishing Obama's "big point", you'd realize that he mismanaged our tax dollars and lied through his teeth throughout his entire presidency.
You are full of crap. And just a side note: If an employer can't survive without Govt. assistance, they have no business being in business to begin with.
Again, you are full of crap. The world doesn't stop turning just because the Govt. stops dumping money into the system. In fact, if Govt. would stay out of the system, every industry would be better off. They screw up everything they touch.
He will never believe that because according to him, all of us and our employers only survive because of our beloved Govt.
Govt. is his GOD.
Barry had to keep printing that money and palletizing it, that way it was easier to ship it over to Iran and their terrorist groups.
Paul Krugman, the economic guru, has nothing to say about what Obama did to stagnate our economy, and has nothing to say about the money that was sent to Iran.
He's a complete Obama boot-licking hack.