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To: precisionshootist
The market is predicting recession but that will be very shorter because of Trump's tax and regulatory policies. However the interest rate cut was a mistake because it means the market will adjust to short term speculation and less money for long term payback. Low rates were part of the reason for the anemic recovery after 2008.

Trump has to keep the focus on private sector recovery and not allow the statists to try to run the economy. He won by convincing people that America should be first and he lost some support by not shutting down air travel (e.g. with Europe) sooner. He has weather on his side: warmer and more humid weather reduces spread. He is at the mercy of the millennial virus spreaders. So far a lot of them are still socializing and spreading.

17 posted on 03/18/2020 6:39:21 AM PDT by palmer (Democracy Dies Six Ways to Sunday)
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To: palmer
“ The market is predicting recession but that will be very shorter because of Trump's tax and regulatory policies.”.

None of that is going to matter. Government can force businesses to shut down but they can’t force them to open. One more month of this and fully half the businesses that were forced to close will never reopen. Of the ones that do a third of them will go under in a year or less. This closure policy is going to devastate this nation for years to come.

20 posted on 03/18/2020 8:14:33 AM PDT by precisionshootist
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