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Hmmmmm Why is mkt surging?

Hmmmmm Why is mkt surging?

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k
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The wrong side of 60

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@averagejoe1 said
I will put it this way, then. The market knows Trump will be President. So, tell us, why is the market not sinking because of the impending doom promised by a Trump presidency???????????????????????????
Sue?
It’s been explained to you why the market is surging, you just don’t like the answer son
Only a retarded halfwit would bet money on trump winning the White House, he’s too busy throwing a hissy fit at the person who probably could beat Joe Biden.
Face it Joe, Trump is a blustering bully and definite loser. You seem to think that the drooling enthusiasm of his hate filled moronic base is going to be emulated by the other 70% of the country, not a chance in hell Joe

AverageJoe1
Catch the Train 47!

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@wildgrass said
Consumer spending is very high right now. The labor market is strong. GDP is up more than 3%. The market was also bracing for a recession that now seems unlikely to happen.

These things contributed to market activities. The person who is president does not matter much.
Wildgrass says that the person who is president does not matter much! 🤣. So, the changes that Biden has rained down on us all have not contributed much to market activities.
Does Wildgrass realize that exec orders are made without congressional approvals?
Just his draining of $7B from our treasury to pay off tuition loans is a huge effect, as it depletes our cash-on-hand by $7B. Yeah, ….

w

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@averagejoe1 said
Wildgrass says that the person who is president does not matter much! 🤣. So, the changes that Biden has rained down on us all have not contributed much to market activities.
Does Wildgrass realize that exec orders are made without congressional approvals?
Just his draining of $7B from our treasury to pay off tuition loans is a huge effect, as it depletes our cash-on-hand by $7B. Yeah, ….
Umm. Lol. $7 billion. How quaint.

GDP is something like 28 trillion, and went up by $350 billion last year. If you think that student loan relief had that large a return on investment, then I would say it's well worth it.

Or maybe it's just our imperfect capitalist system churning out hair gel and what not with a robust workforce.

AverageJoe1
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@wildgrass said
Umm. Lol. $7 billion. How quaint.

GDP is something like 28 trillion, and went up by $350 billion last year. If you think that student loan relief had that large a return on investment, then I would say it's well worth it.

Or maybe it's just our imperfect capitalist system churning out hair gel and what not with a robust workforce.
I am offfeennnnnnndded that you are so casual about how to spend the money of others, mainly me. A billion here, a billion there, can add up to big bucks.
Hey, on another thread today you or one of your comrades said that a president cannot act without congressional approval, but here you are approving of his decison, his dictate, to pay off the loans.
You, and Mchill on another thread, are hypocrites in the same day!

AThousandYoung
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@averagejoe1 said
I am offfeennnnnnndded that you are so casual about how to spend the money of others, mainly me. A billion here, a billion there, can add up to big bucks.
Hey, on another thread today you or one of your comrades said that a president cannot act without congressional approval, but here you are approving of his decison, his dictate, to pay off the loans.
You, and Mchill on another thread, are hypocrites in the same day!
If a President could unilaterally close the border Trump would have done it already.

AverageJoe1
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@athousandyoung said
If a President could unilaterally close the border Trump would have done it already.
He could. Note all the stuff he does with his exec orders. We not naive, might not be so easy, but he could certainly shake it up. Or, do F’n nothing. Why do y’all enjoy open borders, thousand.? The hell of it.

AThousandYoung
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@averagejoe1 said
He could. Note all the stuff he does with his exec orders. We not naive, might not be so easy, but he could certainly shake it up. Or, do F’n nothing. Why do y’all enjoy open borders, thousand.? The hell of it.
Well, I am Hispanic, and I do enjoy having access to my relatives.

In addition the border has always been "open". The idea of turning our southern border into a Korea style dead man's zone with land mines and machine guns is a new right wing fantasy with no basis in reality in particular since they don't want to pay for the extremely high costs associated with it.

Mexico is also our biggest trading partner and our best source of young healthy workers since citizens of the USA aren't breeding. This is largely because the Right has made the financial situation of most Americans so tenuous that we are not comfortable trying to raise a family.

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