Dow 32000

newfie

Well-Known Member
No. I think they’re going to spend every cent stimulating the economy. If you give money to rich people they hoard it. Poor people spend it. Demand side economics.
Are you arguing that mortgage lenders and landlords are going to do all this spending or that people really did not need this money and will spend it on non essentials.
 

1989

Well-Known Member
So as of now, the market is up due to the glorious leadership of Joe Biden!

Now, if a correction or prolonged downturn should occur, that will fall squarely on the previous administration.
No, the market does not reflect the economy.
 

It will be fine

Well-Known Member
Yah, because there are plenty of well paying jobs to go around. No one has to be poor if they don't want to be, right?
People make choices. This is America, people have options to better themselves. If people choose to work entry level jobs their entire life, they may have to retire in a van in a Walmart parking lot. It’s not the fault of the entry level job for that.
 
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