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| [NEWS] DOW hits +20,000 for the first time EVER, US stocks at all-time highs |
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| JoeysWorldTourLIFE:
--- Quote from: crazies alt on January 25, 2017, 01:56:21 PM ---but why shouldn't the president interfere? like, how is it bad? --- End quote --- It's best to let the economy run on its own. Its complicated to explain but the main idea of it is if the president tries to strengthen one part of the economy the opposite of the thing he tried to strengthen will fail. Foe example, if the president wanted to make NVIDIA higher he would make sure that they did while everyone who invested in AMD or another company would loose money. Eventually it escalates from there. Here is what Bush did https://georgewbush-whitehouse.archives.gov/infocus/bushrecord/factsheets/taxrelief.html |
| Willymcmilly:
--- Quote from: LeisureSuit912 on January 25, 2017, 10:36:12 AM ---A small reminder that stock prices soared in the years before the 2007-08 financial crCIA, and that was largely due to deregulation. Economists say we're due for a recession in 2019 at the latest, and this should only speed that up. --- End quote --- Holy stuff that's interesting. It's literally ten years from the last recession. Is this gonna happen again in 2027 or just coincidence? |
| Lego lad:
i remember learning in Economics that the economy will naturally balance out itself but it can take a while, so the gov't tries to help it then i guess this happens? idk |
| JoeysWorldTourLIFE:
--- Quote from: Willymcmilly on January 25, 2017, 02:05:25 PM ---Holy stuff that's interesting. It's literally ten years from the last recession. Is this gonna happen again in 2027 or just coincidence? --- End quote --- Its part of the trend and there are certain laws put into place for when it happens |
| Tactical Nuke:
--- Quote from: JoeysWorldTourLIFE on January 25, 2017, 12:50:29 PM ---I think FOX news is thinking Annoying Orange caused this. He didn't as a matter of fact, it is bad for a president to interfere directly with the economy. Look at the recession in the early 200s when Bush decided to try to improve the economy. The Great Depression when FDR tried to delay it. --- End quote --- he didn't directly interfere in the economy, these growths are reactions to Annoying Orange's executive orders so far |
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