Thread: Dow at 26031
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Old 02-24-2019, 08:56 AM  
huey
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Quote:
Originally Posted by thommy View Post
BUT - obama did not give the companies a tax cutt to buy their own shares back and create an unnatural demand.

AND
obama got a country in his hand that was in the biggest financial crisis since 100 years - trump got a healthy economy in his hands when he joined office.

so there is a HUGE difference between both and what you see in DOW now is not the reality. already 3 month after the tax cutt the effect was gone. US economy is not healthy anymore - all newer numbers are proving that.
US citizens can not borrow more as they already did to fire up a already healthy economy. now comes the time where they have to pay this loans back and this will hurt a lot because this money will be missed in the consumption.

i donīt really know what is so hard to understand on this logic for the trumpers.
the emperorīs new clothes did never exist.
A smart guy like you never brings up QE 1, 2, 3 during Obamas 8 years. That was worth 3 trillion, and no interest rate hike. This should always be considered.
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