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

To: Jeff Hayden who wrote (1502978)	11/19/2024 12:47:52 PM
From: golfer72	1 Recommendation Recommended By longz Read Replies (1) \| Respond to of 1570779

You could probably cut govt employment at least 30-40% with no reduction in services. Its gotten way out of control. Private sector is where its at dude. Not gubmint

To: Jeff Hayden who wrote (1502978)	11/19/2024 1:09:44 PM
From: longz	1 Recommendation Recommended By FJB Respond to of 1570779

To: Jeff Hayden who wrote (1502978)	11/19/2024 1:13:04 PM
From: longz	1 Recommendation Recommended By FJB Respond to of 1570779

Jeffery You mean like this===>>Department of Government Efficiency identifies 535 government workers who haven't done any work for years.

To: Jeff Hayden who wrote (1502978)	11/19/2024 1:19:22 PM
From: d[-_-]b	2 Recommendations Recommended By FJB longz Read Replies (2) \| Respond to of 1570779

Well his schtick includes shutting down departments and massive reduction of government employment. Sounds like a great plan and long overdue. I'm not sure you'll like the results of this. I'm pretty sure it'll be fantastic.

To: Jeff Hayden who wrote (1502978)	11/19/2024 2:33:01 PM
From: Rarebird	Read Replies (4) \| Respond to of 1570779

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. Keep in mind that US large cap stocks are the most overvalued that they have ever been in history. Small and mid cap stocks are more reasonably valued, but they depend on the Treasury to finance their debt and in case you haven't noticed, long bond yields have been surging as of late. Plus, the Biden Administration has just escalated the risks in the Ukraine/Russian war. Insiders are selling stock like they never been before while the Public keeps on buying for FOMO. Plus, when the USD surges like it has recently, it is often an omen that the beginning of a Bear Market is around the corner My point is that yes, it would not be all that unusual for the stock market to begin a bear market within the next couple of months. And yes, when you reduce government spending, it does hurt GDP. So, I would expect some initial pain before there is great reward.