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Time to bump up that 401k
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<blockquote data-quote="Up In Smoke" data-source="post: 5341824" data-attributes="member: 79702"><p>I think the president, no matter who or what party has very little to do with the stock market or the economy. The US printed money like drunken sailors since 2008 and finally the economy (according to the Fed) is strong enough for them to stop. The US reduced it's deficit by more than 300 billion in 2021 and is on target to reduce by another 1.7 trillion this year. To me, the government getting out of the way of capitalism is a net positive. Every politician will say or do whatever it takes to stay in office and the media will bend and twist the narrative to their audience. China and it's companies have the smallest footprint in our economy since the early 2000's and the dollar is at 25 year highs (good for international trade). We've brokered a global minimum tax rate, which has allowed American companies to move money out of foreign banks and back into the US. Joe Biden has done a job. Not good, not bad just his job.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5341824, member: 79702"] I think the president, no matter who or what party has very little to do with the stock market or the economy. The US printed money like drunken sailors since 2008 and finally the economy (according to the Fed) is strong enough for them to stop. The US reduced it's deficit by more than 300 billion in 2021 and is on target to reduce by another 1.7 trillion this year. To me, the government getting out of the way of capitalism is a net positive. Every politician will say or do whatever it takes to stay in office and the media will bend and twist the narrative to their audience. China and it's companies have the smallest footprint in our economy since the early 2000's and the dollar is at 25 year highs (good for international trade). We've brokered a global minimum tax rate, which has allowed American companies to move money out of foreign banks and back into the US. Joe Biden has done a job. Not good, not bad just his job. [/QUOTE]
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Time to bump up that 401k
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