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Trump Kicked the Sluggish Economy Into High Gear
Wall Street Journal ^ | November 25, 2018 | Andy Puzder

Posted on 11/26/2018 6:08:45 AM PST by reaganaut1

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To: reaganaut1

Now it’s time to tackle the hard part. There is no doubt that the economy is doing better than it has literally in decades yet the deficit will be pushing $1 trillion this year and will break the $1 trillion point next year. If the President and Congress can’t tackle spending on entitlements in this environment then they will never be able to. And when the next downturn comes, and it inevitably will, then $1 trillion deficits will look small.


21 posted on 11/26/2018 7:49:33 AM PST by DoodleDawg
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To: reaganaut1
Someone's making money, but it isn't us little people at the bottom. We're just grease for the machine.

How about this? Not bad for money I just invested this past January. This will be about the fifth time in 25 years where money I lose in a matter of months takes several years to regain. It's a rigged game.


22 posted on 11/26/2018 7:59:40 AM PST by Joe Brower ("Might we not live in a nobler dream than this?" -- John Ruskin)
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To: DoodleDawg

“...If the President and Congress can’t tackle spending on entitlements in this environment then they will never be able to. ....”

You do know the Rats do have the House?
When has a Rat cared about the deficit?
How is that a good environment to do anything positive on entitlements? Or controlling entitlement growth?
GOP Congressional clowns only claim to care if they’re doing photo ops in front of constituents who can count!

The only chance for the entitlement issue to be addressed at all is with the GOP holding both Houses. With the harder requirement being that most GOP’ers be not enamored with a permanent career in politics.


23 posted on 11/26/2018 8:01:29 AM PST by Reily
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To: Reily
You do know the Rats do have the House?
When has a Rat cared about the deficit?

Whenever a Republican is in the White House. Just like the Republicans only care about the deficit when a Democrat is in the White House. I suppose my post is just wishful thinking.

The only chance for the entitlement issue to be addressed at all is with the GOP holding both Houses. With the harder requirement being that most GOP’ers be not enamored with a permanent career in politics.

LOL! Because they've done such a good job of it lately?

24 posted on 11/26/2018 8:04:09 AM PST by DoodleDawg
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To: Sequoyah101

The stock market is forward looking and factors in as a negative the just elected Democratic House.


25 posted on 11/26/2018 8:04:22 AM PST by Rockingham
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To: DoodleDawg

I didn’t say they did a good job!

We haven’t reached the harder requirement, that a majority of GOPer’s not be political careerists. They’re likely the only ones who would even discuss it seriously let alone do anything about it. (I still didn’t say they would do anything!) You can’t even point out the entitlement problem here on FR without people jumping all over you !


26 posted on 11/26/2018 8:08:34 AM PST by Reily
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To: Reily
We haven’t reached the harder requirement, that a majority of GOPer’s not be political careerists.

And we never will.

27 posted on 11/26/2018 8:10:35 AM PST by DoodleDawg
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To: DoodleDawg

probably so!


28 posted on 11/26/2018 8:12:35 AM PST by Reily
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To: Sequoyah101

The stock market is forward looking and factors in as a negative the just elected Democratic House.


29 posted on 11/26/2018 8:13:53 AM PST by Rockingham
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To: Sequoyah101
So why is the stock market in the crapper and can’t even hold the gains made?

Doing OK today:

DJIA 24,619.71 +333.76 (+1.37%)

NASDAQ 7,057.31 +118.33 (+1.71%)

S&P 500 2,667.65 +35.09 (+1.33%)

Russell 2000 1,508.13 +19.45 (+1.31%)

Time (ET) 11:23:39 AM

30 posted on 11/26/2018 8:26:06 AM PST by spokeshave2 (The Paradigm has shifted...the New World Order is Trumpian.)
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To: RainMan

Yes, there is a lot of disingenuous BS on the anti tariff side. The globalists act like an import tariff is the end, it is only the beginning.


31 posted on 11/26/2018 9:19:58 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: Sequoyah101

The markets, the Dow and related s&p, NASDAQ went from a low of 6500(Dow) to 17800 under Obama who presided and was primarily responsible for the worst post recession economy in our history with gdp averaging just 2% annually.


32 posted on 11/26/2018 9:42:44 AM PST by billyboy15 (Es)
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To: reaganaut1
Too bad the Fed is also using the boom as an opportunity to go for broke in the rate raising department....maybe looking for the strength by feeling for the breaking point...

The only trouble with that is that once one discovers the breaking point, a breaking has occurred.

33 posted on 11/26/2018 9:43:57 AM PST by trebb (Those who don't donate anything tend to be empty gasbags...no-value-added types)
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To: reaganaut1
the Obama administration predicted such a surge in its 2010 midsession review. It never came. The “recovery” of those years often felt much like a recession.

Don't these people know what a "Summer of Recovery" looks like? /s

34 posted on 11/26/2018 1:41:35 PM PST by Oatka
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