I predict that the S&P 500 will be well under 5,000 by September 30th

Walt said:
Worth reminding everyone that trump is very angry at the Fed for not dropping the prime rate to 1%. Considering the danger of inflation, 1% would be insane.
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What "danger of inflation"?
Walt said:
Inflation would quickly outpace the overheating economy, causing the real economy to collapse into a recession. But it would give trump a claim he has growth.
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You're essentially describing the economic condition under the Autopen Regime, yet you believe that times were "soooooooo greatttttttttt thennnnnnnn".........
 
zymurgy said:
we went from spending $400 per citizen in 1964 to $19,500 today


the service on our debt alone will be one of our biggest expenses moving forward

what danger? talk about whistling past the graveyard!!!
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The hidden danger is what government regulations are doing to the economy. Right now, about 12% of the US GDP is bound up in meeting government regulation. The cost to an employer, on average, per employee is $29,100. That rises to $50,100 for small businesses in the manufacturing sector. Is it any reason manufacturers have fled the US?


Sure, the federal debt is an issue, but paying for it is more of one, and government is strangling the life out of the economy with taxes and regulations.
 
T. A. Gardner said:
The hidden danger is what government regulations are doing to the economy. Right now, about 12% of the US GDP is bound up in meeting government regulation. The cost to an employer, on average, per employee is $29,100. That rises to $50,100 for small businesses in the manufacturing sector. Is it any reason manufacturers have fled the US?


Sure, the federal debt is an issue, but paying for it is more of one, and government is strangling the life out of the economy with taxes and regulations.
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regulations are a laughable concern compared to 30+ trillion in debt we have accumulated during times of prosperity. even with all the regulations, the consumerism and consumption in this nation are astounding. a just business cycle has booms and busts. we need to allow for it
 
zymurgy said:
regulations are a laughable concern compared to 30+ trillion in debt we have accumulated during times of prosperity. even with all the regulations, the consumerism and consumption in this nation are astounding. a just business cycle has booms and busts. we need to allow for it
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You're not getting it. If businesses are taxed and regulated out of business, then there's no one left to pay the debt off.
 
zymurgy said:
we went from spending $400 per citizen in 1964 to $19,500 today


the service on our debt alone will be one of our biggest expenses moving forward

what danger? talk about whistling past the graveyard!!!
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I agree that this is an issue (one that President Trump is working to improve), but this isn't what Walt was talking about.
 
T. A. Gardner said:
The hidden danger is what government regulations are doing to the economy. Right now, about 12% of the US GDP is bound up in meeting government regulation. The cost to an employer, on average, per employee is $29,100. That rises to $50,100 for small businesses in the manufacturing sector. Is it any reason manufacturers have fled the US?


Sure, the federal debt is an issue, but paying for it is more of one, and government is strangling the life out of the economy with taxes and regulations.
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regulation is such a vast area. like dutch's vajayjay.
 
gfm7175 said:
I agree that this is an issue (one that President Trump is working to improve), but this isn't what Walt was talking about.
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Trump is not working to improve this. In fact he has chosen to engage in a war of words with the two gop representatives most aligned with debt reduction - Rand Paul and Thomas Massie
 
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