US Stocks Down 15% in 2 Weeks (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
May 13, 2024, 09:14:53 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  US Stocks Down 15% in 2 Weeks (search mode)
Pages: [1]
Author Topic: US Stocks Down 15% in 2 Weeks  (Read 7243 times)
Lief 🗽
Lief
Atlas Legend
*****
Posts: 44,982
« on: August 08, 2011, 04:05:07 PM »
The reason stocks are down 15% is because the economy is terrible, and the economy is terrible because Republicans have forced the conversation to unnecessary austerity which is just making the economy worse instead of the very necessary trillions in immediate Keynesian deficit spending. Of course Obama is partly responsible for buying into their framing, but the GOP does effectively control the legislative branch.

The GOP will be very, very happy about this news though. Destroying the economy is central to their plan to defeat Obama.
Logged
Lief 🗽
Lief
Atlas Legend
*****
Posts: 44,982
« Reply #1 on: August 09, 2011, 06:30:28 PM »
Er... I seem to remember that the last time we raised taxes and thereafter had a surplus, the Republicans spent it all on wars and pointless tax cuts for the rich that have resulted in our current debt problems.
Logged
Lief 🗽
Lief
Atlas Legend
*****
Posts: 44,982
« Reply #2 on: August 10, 2011, 05:48:38 PM »
Facts? Where we're going, we don't need facts...
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.02 seconds with 12 queries.