Recoveries are NEVER as quick as crashes.
Only stupid people believe otherwise, choosing not to learn from history.
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It’ll take a century to recover from 8 years of Trump.
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This crash happened in a month…With the right policies, you could get a recovery in a year. Of course, the chances of Trump coming up with the right policy are…
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Why The Economy Is Unlikely To Recover As Quickly As It Collapsed?
Alex, I’ll take Donnie Trump for 1,000 Mnuchin’s…
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We thought that with W’s crash, too. It took a few years and a steady Democratic hand at the helm.
You could be right if Trump is re-elected, though.
I’m still wondering where the 2.3 trillion dollars came from and what’s going to have to be put in place to pay it back.
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That’s an awful lot of vultures to drive the market up by the thousands.
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Indecision may, or may not, be their underlying problem…
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I could almost believe this is a real post by O’Reilly, not just his thought.
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It’s been created out of thin air and will never be paid back. Nor does it have to be. The US controls its own currency and can create as much as it wishes, as long as there is spare capacity in the economy, which there is in spades right now.
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Social Security, Medicare, primary and secondary education funding, Head Start, Peace Corp, and any other budget items benefitting the poor, disabled, hungry, homeless and sick.
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Monty Python fans might get a kick out of this. @ralph_vonholst
https://twitter.com/mannysands/status/1248094805806272513?s=21
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Actually, if it’s Donnie, he’s a false profit, not prophet.
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Watch how fast the Republicans get on board with “giving things away” to voters to juice the economy… the typical thing they accuse Democrats of doing through their policies. Bet they keep the gov’t checks coming until at least November and then a hard stop.
One of the arguments for a quick recovery came from the Harvard University economist Larry Summers, who served as a top economic adviser to President Barack Obama during the Great Recession, He suggested on Twitter that the U.S. economy would behave much as a beach town on Cape Cod, which closes in the winter and reopens around Memorial Day for a burst of summer activity.
Did he say why, or did he just want to use a silly simile?
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These are good ideas, but I’d like to see Medicare eligibility at 55, if we can’t have a public option for all.
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Bill Barr, of course, is too fuckin’ fat to hide under the bed!
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The Dow isn’t the market. It’s just a group of 30 or so stocks.
The broader S&P 500 is a better barometer.
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Exactly, which is why the USS Nimitz can do a 180 just as quickly as a jetski.
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Are you ready to explain all this to your buddy Kinney?
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Kinney has the IQ of a rotted banana peel, and less personality.
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