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

To: rxbond who wrote (1193964)	1/18/2020 8:24:50 AM
From: Jamie153	1 Recommendation Recommended By sylvester80 Read Replies (1) \| Respond to of 1573930

History tells us the markets do far better under Democrats. So let's look at the facts. Under Clinton, republicans thought tax increases would cause a recession. They most likely got out of the market. They missed the biggest investment led superboom in history because they were wrong. Look at the Obama years. Again, republicans thought President Obama "destroyed the economy." They most likely left the market and missed another investment led superboom. Look at the Fed today. Its balance sheet is headed towards a record high. If the economy were doing okay, they'd be lowering their balance sheet and increasing interest rates. Since the opposite is true, and the Fed always sees recessions before they happen and they almost always cut rates before a recession and they cut rates twice, the likelihood of a recession is very, very high. Now, look at what CFOs are saying. Over 90% of them think we're in a recession and heading into one. They predicted the Great Recession. Recessions tend to be short but it's also possible the Fed can't do anything to stop a recession because there's not enough money in the world to finance all the debt republicans create with their tax cuts. Put simply, the US will never recover from republican debt. Add trillion dollar deficits during good times to recession deficits of say $2 trillion and it's very hard to see how the US pulls out of another recession. When the US collapses my generation will blame republicans. Besides, they can't defend themselves because they're too dumb.