Quote:
Originally Posted by feniin
[You must be logged in to view images. Log in or Register.]
3 shutdowns in two years with all branches held by Republicans.
Obama had one shutdown in 8 years.
|
I dont believe the catalyst for the shutdown is a partisan issue. Dubya had his issues to deal with and he kicked the can down the road with patchwork "solutions".
Obama continued that legacy of kicking the can down the road whilst the fed ingratiated him with keeping the federal interest rate tacked at 1% for his entire tenure in office so that the patches that were applied by dubya would continue staving off disaster. You cant honestly believe that ACA was a net positive for all of us, and thats the only unique thing that can be attributed solely to his administration outside of advancing smokescreen social justice issues.
Trump started out a firebrand demagogue, who i honestly believe intended to do well, but hes not very smart. I dont believe he knows why our economy is crashing. I believe those in public office, in the know, intentionally obsfucated issues because they need a patsy to take the fall for the imminent crash. This is why I call Trump King Ecgbert of North Umbria (seriously look up who king ecgbert was)
When he revised the tax plan to reassert reagan economics, i dont think he realized that corporations were just going to use the increased profits to accelerate their buyback, and option redistribution to their executive programs. I think he believed just opening the valve was going to allow the water to trickle down to employees (executives included) via salary bumps, and shareholders via dividends. I believe his decreasin of the upper tax brackets was an attempt to extend americas wealthy an olive branch so that they would be more inclined to increase salaries below them in kind.
Unfortunately, it seems the rich, even with lower income tax brackets, are insatiable in their desire to award themselves with the still cheaper capital gains method.
The core issue with our economic tumult is stock buybacks. We cannot continue allowing the ponzi scheme to go on.
As for foreign relations, thats a different matter, and not one i care to dive into right now. I can tell you this though.....the further we kick the can down the road, the worse the imminent crash is going to be. When it comes time to pay the piper, after all the bandaids are ripped off, and the true equity value of our corporations comes to light, its going to be a very painful time.
Assuming a linear economic growth pattern from the 1980s compared to the exponential growth pattern weve manipulated into existence, because of deregulating buybacks, reveals that approximately 70% of entire economy is imaginary equity.
12-22-2018, 01:38 PM
Linear Mode
