Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Chgogal

And we are well overdue for one. The longer we go without one, the bigger it will be when it does finally arrive.


38 posted on 01/22/2014 12:10:54 PM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
[ Post Reply | Private Reply | To 28 | View Replies ]


To: Red in Blue PA
I dvr’d Varney today (haven't done that in a while). There was this guy on (Dent was his name). He feels strongly about a huge correction to take place about 2016. He's basing his predictions on demographics.

I think there will be a big correction come the later half of 2015 because of ObamaCare. Public companies have a fiduciary responsibility to minimize costs. Dumping people on the ObamaCare Exchange and paying a $2,000 penalty/employee is cheaper than keeping them on the companies’ health care insurance rolls. From what I can tell ObamaCare ain't cheap. Considering that about 70% of the US economy is supported by consumer spending, we are in for a pretty nasty dip. And don't forget ObamaCare's definition of full time! That's going hurt as well.

40 posted on 01/22/2014 12:58:46 PM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson