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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (873327)7/23/2015 6:45:28 AM
From: RetiredNow  Read Replies (1) | Respond to of 1577146
 
Yes, it does. I predicted inflation and we have seen it in spades in all the key areas that the 99% spend money: healthcare, food, home prices, rent prices. I predicted slow growth and we've see it, with terrible growth in the first quarter and serious flirts with recession in the last few years, as our economy sputters and fails to achieve real liftoff...so much so that the Fed has kept the extraordinary measures of zero percent interest rates and money printing to keep the Fed balance sheet at these high level, for 6 years since the recession ended, even as Congress has continued to deficit spend, which is also a stimulative measure. None of those things are necessary in a healthy economy. But with all time lows in the labor participation rate and all time highs in welfare spending, our economy is in the shittiest shape. All exactly as a predicted. We're becoming Venezuela. Congrats, Ted, your Socialist agenda is coming true.