Posted on 11/10/2015 5:34:40 AM PST by expat_panama
The grinding aftermath of an historically rare balance-sheet recession. Average monthly job growth trending lower this year than in 2014. Wage growth and homeownership rates back to levels seen in the mid-â90s.
An escalating federal deficit, now at $19 trillion, with even bigger unfunded liabilities for Social Security and Medicare bearing down. Increasing numbers of baby boomers retiring, retirees who historically spend less in their golden years, adding to deflation.
The moral astigmatism of porous borders, financial bubbles, D.C. policies inimical to growth, and persistent threats of a default by the U.S. government.
All big challenges...
*****
While most of the candidates agree to a certain extent on energy policies and the need to repeal Obamacare, they display interesting differences on the policy prescriptions for the pressing economic issues of the day. And most all of them will have to defend their tax-cutting plans against criticism they will blow out the deficit, with evidence their tax cuts will spark economic growth--and bring in a tax revenue bonanza. Here are the GOP candidates in the second debate, in their own words, their comments to various media outlets all in one place:
Jobs, Wage Growth
Donald Trump âChina's ripping us...
Dr. Ben Carson âHow do we fix the economy...
Sen. Marco Rubio âWe are going to responsibly but...
Sen. Ted Cruz Would âcreate a tax and regulatory environment...
Gov. Jeb Bush âWe need to lower rates...
Gov. John Kasich âWhen we took the control in the '90s...
Carly Fiorina âWe have a regulatory environment that is crushing jobs...
Sen. Rand Paul âCompanies, and our jobs are being chased overseas...
Taxes...
Budget, Deficits...
Regulations, Role of Federal Government...
Social Security and Medicare...
(Excerpt) Read more at foxbusiness.com ...
Notice Fox leaves off the number one important fact.
Labor Market participation rates is the lowest since 1978.
If the 0 economy is so grand, why are so many Americans sitting on the sidelines waiting for a job?
Happy "Take the Money and Run" day! Yesterday saw broad market drops, then again though it was in lower volume and just a %. On the other hand futures are tanking for both stocks and metals (gold and silver down to $1,094.23 and $14.56!) but then again futures are not alway right and they don't agree and yet still on the other other hand...
[breathing into a paper bag...] Econ announcements: Export Prices ex-ag., Import Prices ex-oil, Wholesale Inventories.
News:
--and join me sometime at this other thread: The global taxers are after you...
And the political class continues their shakedown
Did ExxonMobil commit securities fraud by denying climate change?
http://www.freerepublic.com/focus/f-chat/3358281/posts
0bama voters: “What’s in it for ME??”
McDonalds stock has been halted. Hmmmm.
I read the article. It sounds to me like what the candidates have said. It would do everyone good to take a look at it.
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