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Icahn: Republicans don’t understand economics and it’s killing the country
cnbc ^ | 4/28/2016 | Everett Rosenfeld

Posted on 04/28/2016 4:09:53 PM PDT by mrsmith

"...Icahn, who Trump had previously suggested could serve as his Treasury secretary, warned that markets will have a "day of reckoning" without fiscal stimulus, and argued that the U.S. government "certainly could do more spending."

"The Republican Party that I used to be more sympathetic with — I'm right in the middle now, although as you know I'm for Trump — but what I would say is Congress is in this massive gridlock," he said, explaining that the Republican-controlled body is "obsessed with this deficit to a point that I think it's almost pathological..." "

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: debt; deficit; icahn
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To: 1rudeboy

About a third.

61 posted on 04/28/2016 7:20:28 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: mrsmith

Yeah, one more case of QE stimulus booze will help the alcoholic.

Right before he cleans up for good, and this time he really means it.


62 posted on 04/28/2016 7:29:38 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: DiogenesLamp

“I think Icahn was talking about infrastructure”

I wonder how many shares of Caterpillar and US Steel he owns ?


63 posted on 04/28/2016 7:42:18 PM PDT by DAC21
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To: DiogenesLamp

The story was thin. Icahn is manifestly far too smart to say something so numb without context. I’d be interested to find out the details of what he meant.


64 posted on 04/28/2016 8:34:38 PM PDT by major-pelham
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To: mrsmith

Lots of different interpretations on this single article. Proper spending under proper supervision, with a proper goal, is much better than Obama’s way of throwing trillions out there to exacerbate the problem. No telling how many billions have enriched him and his minions in the mix.


65 posted on 04/29/2016 3:39:00 AM PDT by trebb (Where in the the hell has my country gone?)
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To: mrsmith
Other than that any budgets have to be aimed at cutting the debt.

How about defunding the left by eliminating whole government departments?

66 posted on 04/29/2016 6:42:43 AM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
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