How perceptive of you to notice, obviously Trump cannot reverse the trend by using rhetoric, so now he uses stimulus all the time wondering whether his businesses will benefitQuote:
Now, however, things have changed for the worse.
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How perceptive of you to notice, obviously Trump cannot reverse the trend by using rhetoric, so now he uses stimulus all the time wondering whether his businesses will benefitQuote:
Now, however, things have changed for the worse.
From what I can tell, there were tariffs and trade wars even then by our government, because of the German military action, though big biz found ways around them, so a disconnect between the two entities is quite evident, which gives us a more accurate picture of that period in time. Sure it's okay to be proud of ones country and celebrate the good things accomplished, but let's not play dufus and take all the credit since we were but one force, the largest, but certainly not the ONLY force against Hitler. It was a collective sustained effort that brought Hitler down.
I think we have to temper our bragging about WW2 as now, we have hardly been the conquering heroes in other military endeavors. Haven't you noticed the challenges get bigger and more complex? Of course things have gotten worse. Or have we ourselves that have gotten worse?
We have to stop that stupid perception . The man has cost himself a fortune by becoming President . His brand has been destroyed . The buildings that used to feature his name here in NY ;his base of operations ,have all changed their name to disassociate with him .Quote:
How perceptive of you to notice, obviously Trump cannot reverse the trend by using rhetoric, so now he uses stimulus all the time wondering whether his businesses will benefit
I disagree with most of the stimulus being proposed . But in this case there is a difference . Government decree has in large part been responsible for the financial peril many companies and individuals find themselves in today . I don't disagree with the policies of containing the spread of the virus per se because we just don't know how bad it can get . But ,unfortunately ,it is the responsibility of the government to provide some relief and to help getting the economy going again.
The good news is that this is different than 2008 . The financial institutions are in good shape . When this is over ;the pent up demand of the consumer will help the economy quickly rebound .
I'm not sure if a 2 trillion dollar bailout is the way to go right now at this early stage but making sure people can eat and stay warm during a health induced shutdown is a good priority. Not having a paycheck and not knowing when you will see one is a working mans nightmare. For how long is a corporate nightmare.
I don't think concerns over what big biz will do is a stupid perception nor conditional help is out of the question rather than just throwing a bunch of money we ain't got out the window and hoping people do the right thing. Corporations are people too, and have proved to be as flawed as the rest of us. How many times must I quote the great King Reagan "Trust but verify" before conservatives and capitalists listen?
We have Sandinista Bill running around like chicken little saying that martial law should be declared and that Trump should use his Presidential powers to do a fascist taker over of American businesses. So far Trump has resisted such impulses and it appears corporate America is stepping up to the plate and retooling where possible to provide the goods demanded .
Really I am amused listening to the Dems calling for Trump to take extraordinary powers. Just a couple months ago their biggest fear was presidential dictatorial over reach .
And while I am on the subject ;the latest garbage being spewed is that assessments were available in January that this virus would be a problem . Of course now the critique is that Trump did not act fast enough ... a completely bogus charge .
Let's review . What was happening in this country in November ,December ,January, early February ? It was impeach and convict 24-7 . While Trump was placing travel bans from China and creating the task force , Pelosi was handing out impeachment pens . Can you imagine if Trump had proposed in January any of the restrictions we are subject to today ? At a very minimum he would've been accused of wagging the dog during the impeachment hearings . I know that as a fact because the blond hair blue eyed native American ,and the compliant press accused him of wagging the dog when he had General Salami wacked.
Naw you don't get to make excuses for the dufus being more concerned about his job to actually be doing his job. Nothing stopped him from bringing this to the American public from the bully pulpit rather than blasting the dems for coming after him.
Just my 2 cents while recognizing the health crisis is a huge event leaving it to states and their limited resources is an abrogation of responsibility at this point in the process, and waiting for big biz to volunteer is dropping the ball. I know the dufus is damned if he do, and damned if he don't, just like every other president!
btw , this morning the futures fell 5% on the news that the Dems are stalling the bill in the Senate .
Who cares what the markets do? It's been reported that the Repub bill favors big biz 2 to one over the citizen who may well have to face the first of the month with no rent money while corporations are flush, or should be.
Good grief. What a comment.Quote:
Who cares what the markets do?
Who cares what the markets do? Anyone with investments, or who is on a retirement income, or who cares about the economy, or who remembers the Great Depression. You know, people like them who know enough to care about important matters.
The market is falling for the same reason it always falls. Pessimism about the future. Investing is not gambling. It is the only way I know of to see your money grow faster than the rate of inflation. Put your money in the bank...watch it shrink in relative value every day.Quote:
Why is the market even falling do you know? Seems you should.
Markets will rebound when the crisis is over.
"Who cares what the markets do?"
Just saying
Have a great day. Are you guys pretty much staying in the house?
Of course, but keeping supplies stocked is an issue.
I am in an essential business
Being bored is an issue.
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