Please we will be lucky if the economy doesn't shrink. Get ready for fake stats on job growth, the economy and on the other bullshit they will peddle on us.
3% is fine. For a century, the US has averaged 3 and 3.5%. We last saw 7% under Reagan.
The problem is the perception that we will be limited to 2% growth from now on. That would be a killer -- it would defund Social Security and allow China to surpass the US within ten years.
The Federal Reserve made comments to this effect four years ago four years ago, and must have received pushback because the comments had to be clarified at least twice. What is more concerning is that the Fed Chair at that time was Janet Yellen.
Why are you fine with constricted growth? We should be booming. We could be booming. Just because there has been artificial restraint in the past doesn't mean you should be fine with it, again, now. You're that little dog in Hell, aren't you?
Didn’t Obama say “3% is the new norm” then Trump said “nah.”
I hate Democrats so fucking much. They literally bank on leeches and dregs of society to vote for them while they rob the middle class blind.
If you don’t have a job or can show you are looking for a job, you shouldn’t be allowed to vote because you’re not paying taxes. Unless you are disabled or retired. Idk I’m sure we could hash out who can vote but leeches and dregs can fuck right off.
I’m about this II close to selling everything, buying an RV and just driving around the country. I can attend all the rallies, annoy my kids and live off the grid. In theory, according to democrats, I could be eligible to vote in every state so I can still contribute. I mean really this is getting ridiculous. I can do a lot of maga from an rv. And not have a lawn to mow.
financial markets are in a massive bubble. The financial system has crushed the US economy; it incentivizes off-shoring, short term thinking, buy-backs and financial games, accumulating debt, etc. It sucks in a lot of really smart people who spend their life trying to grift in the financial system rather than producing something of real value.
The soon it returns to it's real value, zero, the better it will be in the long run.
And thats probably 3% if you're lucky
Geez you guys are quickly becoming Canada. I can't retire either
Please we will be lucky if the economy doesn't shrink. Get ready for fake stats on job growth, the economy and on the other bullshit they will peddle on us.
3% is fine. For a century, the US has averaged 3 and 3.5%. We last saw 7% under Reagan.
The problem is the perception that we will be limited to 2% growth from now on. That would be a killer -- it would defund Social Security and allow China to surpass the US within ten years.
The Federal Reserve made comments to this effect four years ago four years ago, and must have received pushback because the comments had to be clarified at least twice. What is more concerning is that the Fed Chair at that time was Janet Yellen.
It's not fine when they're printing money like gangbusters, though?
Why are you fine with constricted growth? We should be booming. We could be booming. Just because there has been artificial restraint in the past doesn't mean you should be fine with it, again, now. You're that little dog in Hell, aren't you?
They're not talking about GDP, they're talking about ROR on investments.
Uh what? That’s GDP you’re talking about I think. The s&P has a lifetime annual 6% return.
this is from 2017?
Almost like the author knew covid was coming the next year and then the 2020 election would be stolen.
Forbes is a chink company.
Didn’t Obama say “3% is the new norm” then Trump said “nah.”
I hate Democrats so fucking much. They literally bank on leeches and dregs of society to vote for them while they rob the middle class blind.
If you don’t have a job or can show you are looking for a job, you shouldn’t be allowed to vote because you’re not paying taxes. Unless you are disabled or retired. Idk I’m sure we could hash out who can vote but leeches and dregs can fuck right off.
I’m about this II close to selling everything, buying an RV and just driving around the country. I can attend all the rallies, annoy my kids and live off the grid. In theory, according to democrats, I could be eligible to vote in every state so I can still contribute. I mean really this is getting ridiculous. I can do a lot of maga from an rv. And not have a lawn to mow.
Precious metals. Gold, silver, copper, lead.
Dont forget brass
Just wait until they start taxing your retirement funds and your unrealized capital gains.
Obama tried to push this horseshit too. Get the demon cult dictator out of office and we can roar it back up again.
It's just so stupid we keep having to do this after 30 years of mismanagement.
financial markets are in a massive bubble. The financial system has crushed the US economy; it incentivizes off-shoring, short term thinking, buy-backs and financial games, accumulating debt, etc. It sucks in a lot of really smart people who spend their life trying to grift in the financial system rather than producing something of real value.
The soon it returns to it's real value, zero, the better it will be in the long run.
March 11, 2020. Trump meets the Banks in the WH. They push him to print 6 trillions dollars for "covid". That was a bad idea.