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Why Our Economy May Be Headed for a Decade of Depression

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  • Why Our Economy May Be Headed for a Decade of Depression

    Why Our Economy May Be Headed for a Decade of Depression

    Forget equity markets. They are decoupled from the real economy. We're ****ed for at least a decade.

  • #2
    What if we borrow trillions on the publics credit and gave tax cuts to the already insanely wealthy... would that help?

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    • #3
      Originally posted by B-Large View Post
      What if we borrow trillions on the publics credit and gave tax cuts to the already insanely wealthy... would that help?
      We need to stop all those welfare mommies from buying steak and lobsters first

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      • #4
        Originally posted by B-Large View Post
        What if we borrow trillions on the publics credit and gave tax cuts to the already insanely wealthy... would that help?
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        • #5
          America has been utilizing supply side economics since Reagan. That's forty years. The worst income inequality in world history. The richest 1% in world history. It works just the way it was intended. But they're still not rich enough. The next step is to destroy all government regulation. Trump is on it.

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          • #6
            Originally posted by Rohirrim View Post
            America has been utilizing supply side economics since Reagan. That's forty years. The worst income inequality in world history. The richest 1% in world history. It works just the way it was intended. But they're still not rich enough. The next step is to destroy all government regulation. Trump is on it.
            The real hat trick was convincing the rubes that such policies somehow best served the interests of working and middle class Americans.

            Talk about a propaganda coup.

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            • #7
              Originally posted by L.A. BRONCOS FAN View Post

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              See if we hadn’t borrowed the last 20 years for tax cuts and wars that we lost, we could have borrowed and put every single person who lost their job in the last 60 days to work on exactly this...

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              • #8
                Originally posted by B-Large View Post

                See if we hadn’t borrowed the last 20 years for tax cuts and wars that we lost, we could have borrowed and put every single person who lost their job in the last 60 days to work on exactly this...
                40 years of tax cuts for the wealthy and borrow/spend have gutted America.

                A big part of the problem is that generations of Americans who have no recollection of life in America prior to the Reagan Revolution have no idea how we paid for our infrastructure in the first place. They seem to believe things like interstate highways, roads, bridges, dams, airports, hospitals, etc., simply always existed.

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                • #9
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