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Politics : Formerly About Advanced Micro Devices

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longz

To: Rarebird who wrote (1503024)	11/19/2024 6:17:43 PM
From: miraje	1 Recommendation Read Replies (2) of 1570890

When Reagan won in 1980, his supporters expected great things in terms of economic growth and the stock market. What happened initially instead was a bear market, recession and lower stock prices before all those great things happened. Ditto for Trump. Two important differences.. 1) Dems had a large majority in the House when Reagan was elected and throughout his Presidency. The GOP has Congress now.. 2) If Trump and Congress succeed with meaningful cuts in regulations, mandates and useless red tape, along with freeing up abundant sources of cheap and reliable energy, economic growth might just accelerator at a surprising rate, along with sending stocks much higher. Taking a meat ax to stifling unelected bureaucracy is the key. Time will tell, but I'm more optimistic about the future of this country than I've been in quite some time..

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