Forum Thread

Economic News

Reply to ThreadDisplaying 31 - 43 of 43 Prev 1 2 3
  • Are you sure you want to delete this post?
        
    Chet Ruminski Wrote: The DOW should be criminalized immediately. There is absolutely no reason for it to hit 26k other than cause a buying frenzy thAt could precipitate crash. A crash only hurts small investers. If small investors would freeze their holdings they would come out ahead.

    The DOW should be criminalized? What do you even mean by that? How do you criminalize a market index that rates the value of multinational corporations?

  • Are you sure you want to delete this post?
        
    The divisor is not relative to conditions. The climbing of the DOW has been independent to the happenings of the economy. There is no transparency to how they determine the divisor. It is creating a sense of an economy that is expanding faster ghan conditions indicate. It may have a secret meaningful explanation to DOW specialists but the effect it is having is grater than conditions warrant. is being manipulated and not a natural result.
  • Are you sure you want to delete this post?
        

    Earmarks is the subject of this article on NPR. Corruption in motion. It was interesting. Not sure if Economics related but isn't everything.

    npr.org/2018/01/14/577639518/house-gop-...

  • Are you sure you want to delete this post?
        
    TJ Wrote:

    Earmarks is the subject of this article on NPR. Corruption in motion. It was interesting. Not sure if Economics related but isn't everything.

    npr.org/2018/01/14/577639518/house-gop-...

    That brings Senator Byrd to mind. WVA has incredible projects.
  • Are you sure you want to delete this post?
        

    foto van Brenda Yardley.

  • Are you sure you want to delete this post?
        

    Tax cuts historically are followed by a recession. Reason is the tax cut is also less spending, loss of jobs and transfer of high velocity money to low velocity money because a lot of tax cut money goes to savings and non jobs producing investments. Trump should have "earmarked money for a state of the art collector factory training center. A state of the art battery r&d center/factory. Trickle down into jobs producing investments is a gamble instead of a plan. Trump has no jobs producing plan.

  • Are you sure you want to delete this post?
        
    Chet Ruminski Wrote:

    Tax cuts historically are followed by a recession. Reason is the tax cut is also less spending, loss of jobs and transfer of high velocity money to low velocity money because a lot of tax cut money goes to savings and non jobs producing investments. Trump should have "earmarked money for a state of the art collector factory training center. A state of the art battery r&d center/factory. Trickle down into jobs producing investments is a gamble instead of a plan. Trump has no jobs producing plan.

    Chet you are correct. Trump raised the tariffs on solar panels and washing machines. Thus in other words he rather sponsors "coal" instead of an clean environment. I think he washes his "shithole shorts" by hand.
  • Are you sure you want to delete this post?
        
    And he is stealing jobs forcing the costs on the lower classes. The only solution is to create jobs.
  • Are you sure you want to delete this post?
        
    I read that even Wall Mart is cutting lots of jobs.
  • Are you sure you want to delete this post?
        
    Dutch Wrote: I read that even Wall Mart is cutting lots of jobs.

    Wal-Mart lower management according to what I have been reading were super dedicated. I saw a Wal-Mart training film. It stressed the importance of the position of the thumb when marking and cutting fabric for sale. They had a point but it was delivered like showing adoration for the company by saving money. The self checkout area in the store I went to has expanded to 14 terminals. A line formed waiting for terminals. Not to incorrect to think 14 check out jobs have been lost.

  • Are you sure you want to delete this post?
        

    There is no big company in the world that is interest in peace, prosperity and a healthy work force. Unless the DNC gets it together for the lower class there is going to be bad times ahead. What possible forethought could there have been for 30 and 50 % tariffs. Forcing jobs back is a total losing action. It will be met with a like resistance to save the tariffed jobs.

  • Are you sure you want to delete this post?
        

    Washington Post: The economic boom is all well and good. But spreading its benefits to everyone will take serious work.

    The Lewis Powell Memo was also issued about that time (August 1971). Coincidence?

  • Are you sure you want to delete this post?
        
    Schmidt Wrote:

    Washington Post: The economic boom is all well and good. But spreading its benefits to everyone will take serious work.

    The Lewis Powell Memo was also issued about that time (August 1971). Coincidence?

    Coincidentally it occurred when the position of the U.S. economy standing unchallenged astride the world ended. While the so-called golden age of capitalism aka the post-war era was real it was heavily supported by the fact that the U.S. economy and physical infrastructure were untouched by the ravages of war. Rebuilding Western Europe and Japan to stand against the Soviet Union was bound to have competitive impact on the U.S. at some point. What is telling is that the Powell Memo as well as the economic theology of the last 40+ years reinforces Marx’s analysis. It, of course, does not reinforce his solution. What does offer an alternative is the social democracy of Northern Europe. In addition, a mindset shift regarding taxes is required. That is unlikely to happen.