How about this? Not bad for money I just invested this past January. This will be about the fifth time in 25 years where money I lose in a matter of months takes several years to regain. It's a rigged game.
Posted on 11/26/2018 6:08:45 AM PST by reaganaut1
Now it’s time to tackle the hard part. There is no doubt that the economy is doing better than it has literally in decades yet the deficit will be pushing $1 trillion this year and will break the $1 trillion point next year. If the President and Congress can’t tackle spending on entitlements in this environment then they will never be able to. And when the next downturn comes, and it inevitably will, then $1 trillion deficits will look small.
How about this? Not bad for money I just invested this past January. This will be about the fifth time in 25 years where money I lose in a matter of months takes several years to regain. It's a rigged game.
“...If the President and Congress can’t tackle spending on entitlements in this environment then they will never be able to. ....”
You do know the Rats do have the House?
When has a Rat cared about the deficit?
How is that a good environment to do anything positive on entitlements? Or controlling entitlement growth?
GOP Congressional clowns only claim to care if they’re doing photo ops in front of constituents who can count!
The only chance for the entitlement issue to be addressed at all is with the GOP holding both Houses. With the harder requirement being that most GOP’ers be not enamored with a permanent career in politics.
Whenever a Republican is in the White House. Just like the Republicans only care about the deficit when a Democrat is in the White House. I suppose my post is just wishful thinking.
The only chance for the entitlement issue to be addressed at all is with the GOP holding both Houses. With the harder requirement being that most GOP’ers be not enamored with a permanent career in politics.
LOL! Because they've done such a good job of it lately?
The stock market is forward looking and factors in as a negative the just elected Democratic House.
I didn’t say they did a good job!
We haven’t reached the harder requirement, that a majority of GOPer’s not be political careerists. They’re likely the only ones who would even discuss it seriously let alone do anything about it. (I still didn’t say they would do anything!) You can’t even point out the entitlement problem here on FR without people jumping all over you !
And we never will.
probably so!
The stock market is forward looking and factors in as a negative the just elected Democratic House.
Doing OK today:
DJIA 24,619.71 +333.76 (+1.37%)
NASDAQ 7,057.31 +118.33 (+1.71%)
S&P 500 2,667.65 +35.09 (+1.33%)
Russell 2000 1,508.13 +19.45 (+1.31%)
Time (ET) 11:23:39 AM
Yes, there is a lot of disingenuous BS on the anti tariff side. The globalists act like an import tariff is the end, it is only the beginning.
The markets, the Dow and related s&p, NASDAQ went from a low of 6500(Dow) to 17800 under Obama who presided and was primarily responsible for the worst post recession economy in our history with gdp averaging just 2% annually.
The only trouble with that is that once one discovers the breaking point, a breaking has occurred.
Don't these people know what a "Summer of Recovery" looks like? /s
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