Obama speeches and the market

[TGregg]

Another new day, another new Obama Low. The left must be dizzy with joy and chilling the champagne.

 

[Thunderdog]

Quote from LEAPup:

Courtesy of Wikipedia:

"The general stasis of the federal tax system ended in the 1980s with several important tax changes. President Ronald Reagan was elected in 1980 on a platform of smaller government and lower taxes. The Economic Recovery Tax Act of 1981 (ERTA) enacted the largest tax cut in American history and inspired tax cutting by many other nations in the 1980s. The supply-side rationale behind ERTA’s sharp reduction in tax rates, particularly on high-income households and capital, was that these incentives would motivate increased investment and economic activity." And motivate increased investment and economic activity this did!!!!! You may want to study the 1980's bull market, and wealth creation in the USA.

What kind of action figure do you suggest? Btw, nice "talking" with you.

Supply side nothing. Reagan grew the economy with national debt. The increase in national debt is the part of the Reagan "growth" equation you dogma boys keep ignoring.

 

[Lucrum]

Quote from tradersboredom:

Why does Obama feel he needs to make a speech every week on TV.

Other than working at Baskin Robins, speeches are all he knows how to do.

He is pretty good at, but we need much more than rhetoric.

 

[fhl]

 

[pepper_john]

Obama couldn't have cared less about the stock market, as he has concluded it is racist.

 

[LEAPup]

Quote from fhl:

Good stuff!!!