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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST
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To: yard_man who wrote (153093)1/29/2021 12:21:00 PM
From: Jamie1531 Recommendation

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towerdog

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Cutting government is always the solution to those who used government debt to transfer wealth from the treasury to the rich.

Jamie Dimon did an interview on CNBC and was asked about the price tag of the tax cut he and his company just got and he strongly advocated. At the time it was $1.5 trillion, now it's $1.9 trillion and rising.

He said we need to cut programs to pay for it. So he and his company get billions even though they didn't need a penny of it and the rest of are consigned to spending cuts?

This is the world we live in. The rich are so used to getting money from the government they think they're entitled to it.

We had balanced budgets under President Clinton. He gave us the largest tax increase in history and undid a good portion of Reagan's free money. His tax increase worked. Reagan's tax cut didn't. And yet, republicans can't stop cutting taxes.
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