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US Unemployment Rate hits 9 Year high: 6.1%
- Thread starter tnitsuj
- Start date
dmcowen674
No Lifer
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
XMan
Lifer
Originally posted by: dmcowen674
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
Hmm, so the economic boom of the 90's was because of Clinton's tax increases?
dmcowen674
No Lifer
Originally posted by: X-Man
Originally posted by: dmcowen674
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
Hmm, so the economic boom of the 90's was because of Clinton's tax increases?
Who said that?
Long before the boom you speak of, people and Leading Economy researchers agreed that Trickle down is pure garbage. Republican, Democrat or any Leaders doesn't matter.
BaliBabyDoc
Lifer
Nothing to see hear . . . look away, look away . . . stock market is on a tear. Our President's exceptional handling of the economy means everyone that invested their unemployment benefits in the stock market has made a tidy sum of money over the past year.
Originally posted by: X-Man
Originally posted by: dmcowen674
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
Hmm, so the economic boom of the 90's was because of Clinton's tax increases?
Silly me I thought congress was responsible for the budget but I guess your copy of the constitution is different than mine. 😉
With the Dow now breaking 9000 for the first time in over a year times could be changing...
Unemployment usually tails the recovery or the fall of the economoy as employers are nervous of what might happen.
Plus, with the second tax cut in progress now we could see a nice boost in the economy...
🙂
Unemployment usually tails the recovery or the fall of the economoy as employers are nervous of what might happen.
Plus, with the second tax cut in progress now we could see a nice boost in the economy...
🙂
BaliBabyDoc
Lifer
Irrational exuberance . . . or in psychiatric parlance . . . there's nothing like an addict chasing that high.
BarneyFife
Diamond Member
It means a lot if you are one of the 6%
CADsortaGUY
Lifer
The sky is falling!!...The sky is falling!!...The sky is falling!!..The sky it falling!!
Mommy, please make the bad man stop
CkG
Mommy, please make the bad man stop
CkG
Some interesting insight Downsizing jobs, outsourcing lives and Downsizing jobs, outsourcing lives: Part 2.
In a nutshell: outsourcing high paying jobs abroad + a hoard of illegal aliens + cheap Indian and Chinese labor + government overregulation of business = a recipe for tough times ahead.
In a nutshell: outsourcing high paying jobs abroad + a hoard of illegal aliens + cheap Indian and Chinese labor + government overregulation of business = a recipe for tough times ahead.
Bowfinger
Lifer
And remember Papa Bush called it Voodoo Economics. I wonder how dad feels about junior's tax cut.Originally posted by: dmcowen674
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
Originally posted by: X-Man
Originally posted by: dmcowen674
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
Hmm, so the economic boom of the 90's was because of Clinton's tax increases?
No, the economic boom of the 90's was because of George HW Bush (senior) tax increases. He was trying th fix the mistake Reagan made.
fluxquantum
Platinum Member
Originally posted by: Dari
Originally posted by: X-Man
Originally posted by: dmcowen674
Different name, same thing. Reagan called it trickle down Economics. Didn't work then, what makes them think it will work now?
Talk about not learning from History repeating itself
Hmm, so the economic boom of the 90's was because of Clinton's tax increases?
No, the economic boom of the 90's was because of George HW Bush (senior) tax increases. He was trying th fix the mistake Reagan made.
i thought that the president has very little influence on the economy as a whole
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