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

To: i-node who wrote (1175606)	11/4/2019 2:21:03 PM
From: Jamie153	Respond to of 1572932

We live in odd times. Without the three hurricanes in 2017 which added about half a trillion to GDP we wouldn't have seen any real growth for years. Real growth is growth that doesn't come from government debt. The deficit last year was around $1 trillion. I don't have a problem helping people who are hit with global warming but I also think we need to raise taxes to pay for it. The era of free wars, tax cuts, free disaster aid, and walls has to come to an end at some point. Back to Pepsi and other companies. The # of companies that have pensions is declining and will be zero by the time I'm ready to retire. The sad fact is our corporations need government money to survive. They call this massive new debt pro business but it's only because it's pure insanity. No one thinks bankrupting the country is pro business. No one and yet our business publicans say it all the time. And all this debt isn't creating real growth. GDP grew only 1.9% so the tax cut isn't paying for itself much less creating more growth and balanced budgets. We can prove static GDP projections are a hoax. In fact, it's so bad CBO says growth will be "relatively strong" but less than 2% over the next two years. Less than 2% is now strong? We have to stop lying to ourselves about what's really happening. So now it comes down to which company we work for. Ford Motor stock is at $9. Will the guy who bought stock in his company at 10-30 ever be made whole again? And then we wonder why they strike.