Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 28 4:00 PM EST

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To: Jamie153 who wrote (153139)	1/29/2021 3:00:31 PM
From: yard_man	Read Replies (1) of 219481

>> it wasn't caused by the pandemic << I even agree with this -- the excesses were there already -- however, the timing of the apparent downturn and the severity of its onset -- is in part a function of the pandemic "response" -- the criminally forced shutdowns. No re: fiscal tools. These are what prolong recessions and we read a different history. Did not FDR embark on the largest make work program in history to-date at the time?? Increased taxes back when the economy was expanding -- choose your time period -- would have ONLY been paired with more and bigger government "help" -- i.e. displacement of market decisions by central planners who "know better" than the markets. (but not really)

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