Democrats Prepare to ‘Fundamentally Reform’ Capitalism

RedDuke said:
Can this thread go back to economics please, there is political section.
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You've been living under a rock if you think the 2 are even the slightest unrelated. The whole landscape is poltical, the market cares more about who's going to win the election more than any economic data right now.
 
RGLD said:
How did Trump damage it? Market has been up buy volatile as hell in his 4 years. But all the fundamental data like unemployment and manufacturing has been "The best numbers of our lives" says Jim Cramer pre-covid. I think both did bad because Obama put us on a Globalist path and Trump pulled us back thus damaging it. Unlike morons, I don't blame Trump for covid, that came from China and caught the entire world off guard, though Trump coulda done a better job and that includes the democrats.
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US 2020 election: The economy under Trump in six charts

proof that trump inherited and benefited from momentum that he had nothing to do with.

the pandemic is only part of it

_114571470_dow.jones-nc.png

_114571474_us.realwages-nc.png

_114727624_us.unemployment-nc-1.png
 
RGLD said:
How did Trump damage it? Market has been up buy volatile as hell in his 4 years. But all the fundamental data like unemployment and manufacturing has been "The best numbers of our lives" says Jim Cramer pre-covid. I think both did bad because Obama put us on a Globalist path and Trump pulled us back thus damaging it. Unlike morons, I don't blame Trump for covid, that came from China and caught the entire world off guard, though Trump coulda done a better job and that includes the democrats.
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I stopped posting on Political section. My reply was towards damage he caused via Politics, not economics. His tax cuts were awful though for coastal states where I live.
 
RGLD said:
You've been living under a rock if you think the 2 are even the slightest unrelated. The whole landscape is poltical, the market cares more about who's going to win the election more than any economic data right now.
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No I get it very well. This has been the case since down of time. Markets can rally no matter who wins. Trump wins great, we will soon be back in prosperity pre Covid. Biden wins, great more trillions in stimulus. Sell off is just as likely as well.
 
I find it comically hilarious that the MSM and Elizabeth Warren are pushing her for Treasury.

That seat has already been bought and paid for by Wall Street and the seating chart says Jamie Dimon. And Joe knows how to swear fealty to his backers - just ask the credit card companies.
 
RedDuke said:
and so did Trump. Both damaged our country in a huge way, allbeight differently. Though Trump did a little more good than Obama overall. Very sad times
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We have not begun to see the damage trump has done at home and abroad.
 
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