At some point a market "correction" has to mean something... no?
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Link: https://www.foxbusiness.com/markets
Replies to: At some point a market "correction" has to mean something... no?
I thought Mondays were for immigration and Thursdays market panic?
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The market algorithms aren't programmed to fluctuate by the day of the week.
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Ha! That’s some funny shit
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Trump attacked Powell again today, driving markets down
Maybe they’ll recover this afternoon.
But everything is going great.
It’s a golden age.
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Dow Jones down 6000 points since Trump inherited a vibrant economy.
But it’s all about what books are allowed in school libraries.
Dipshit voters elected a Dipshit President.
...driven by wartime deficits at 120% Debt/G.D.P.
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Sure. Cept that it was rising under those deficits until bumblefuck took over.
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Uh, no. Cause & effect do not match.
This is all own-goaling.
The debt is a problem. This will not help that in any way - in fact, if the chaos continues and the bond market crashes, we will have a depression.
I'm disputing the false claim that it was a "vibrant economy."
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But it was, compared to any other
The United States had quietly done much better than Europe and Japan in the last 10-15 years. And China has bigger problems than we do.
We could have addressed the debt in a rational way. Instead we got this.
That is a separate argument.
You may not like the actions taken, and that's fine - perfectly valid arguments to make in opposition to them, and I give space for that.
But this was not a "vibrant economy." We've been wasting trillions and propping up inorganic gains.
It was the strongest economy in the world.
Six minutes that might change your view of how healthy the economy was.
Past tense.
The debt could have been managed. Gradually, logically.
Link: https://www.cnn.com/2025/04/06/politics/video/gps0406-tariffs-trump-economy-american-decline
The shift had to be made from public funding to orivate.
We were needlessly floating fake gains for political purposes.
We are $35T in debt. We have ballooned to that via stupidity and made the correction worse.
Nonsense. Markets sinking 100% because of unforced errors by Trump.
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You cannot continue to outspend G.D.P.
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No one disputes that. Cutting taxes is not helpful.
I posted a link last week to Steve Rattner sharing your concerns.
DOGE, tax cuts, and tariffs chaos will only make it worse.
We still need to spend wisely, to include medical and scientific research at universities, and USAID to prevent conflict and pandemics, and on inspectors to make sure our water, food, environment is safe.
Trump is cutting the very things that prevent catastrophic events, and help us compete in the global economy,
Unless you cut Medicaid to fund it. What a despicable act by a despicable person.
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Perhaps if we have another Great Depression our illegals will self-deport???
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