yellen not with Trump on $1 trillion infrastructure spending

S

S2007S

"Janet Yellen warned lawmakers that as they consider such spending, they should keep an eye on the national debt. Yellen also said that while the economy needed a big boost with fiscal stimulus after the financial crisis, that's not the case now."


Hahahhahah keep a look out on the national debt???? Since when has yellen been so worried about the national debt??? If she even had an inkling of care about the $20 trillion national debt she would immediately take action NOW to start reducing it, but her foolish idiotic ways has just added to the pile of trillions...
One thing I hope trump does in January is replace her immediately... If he is smart enough he would do this come first day in office....no need to have her there another year....she hasn't a clue what she is doing leaving rates at historical lows for as long as she has, and that also goes for bubble ben bernanke.....they both bowed to wallstreet. It's time to have the market justify rates and not some fed chairman make those decisions any longer.


Federal Reserve Chair Throws Cold Water On Trump's Economic Plan

November 17, 20165:25 PM ET




http://www.npr.org/sections/thetwo-...hair-throws-cold-water-on-trump-economic-plan
 
I don't think it matters who was Fed chairman, the general consensus was they wanted lower rates. We decided to go down a certain path as a country and they weren't going to deviate from that, as part of the overall plan required lower rates. I find it hard to believe it's really up to her or that a different Fed chairman would of been able to change that.

Now maybe Trump truly is a wildcard and can shake things up once he's in office, I don't know that, guess well see.
 
LOL, its OK to increase the national debt as long as Wall street is the one profiting from it.
But as soon as PUBLIC money is used for PUBLIC resources then its BAD......

How is the public so dumb....

How on earth did this all get so ass backwards and people don't string up the thieves from light posts but instead give them even MORE power and control to rob the people blind.....

I would be interested to see someone do a proper scientific study of comparing Wall street profits and increases to the national debt/yr aggregated for the last 120yrs to see if there is any clear correlation. The more time passes, the more its seeming that this is the greatest scam in history to pillage public money.
 
BearRunner said:
LOL, its OK to increase the national debt as long as Wall street is the one profiting from it.
But as soon as PUBLIC money is used for PUBLIC resources then its BAD......

How is the public so dumb....

How on earth did this all get so ass backwards and people don't string up the thieves from light posts but instead give them even MORE power and control to rob the people blind.....

I would be interested to see someone do a proper scientific study of comparing Wall street profits and increases to the national debt/yr aggregated for the last 120yrs to see if there is any clear correlation. The more time passes, the more its seeming that this is the greatest scam in history to pillage public money.
More...



And nothing will ever be done....it will go on like this to the end of time.....as long as people can buy shiny new iphones, post to Instagram ..send pics on Snapchat..eat sushi and announce its their birthday week all facebooks feed there isn't a worry in the world....
 
Here you are... Not quite as long as one would want, but it's smth.

debtfinancegdp.jpg


Sources are the BEA and the White House.
 
felixbocharov said:
Trump is a builder, he doesn't know a thing about the economy. And that's what's happening: he's going to build the wall, he's going to build a lot of other stuff. That's cool, but also stupid.
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He knows nothing about the economy? He's a multi billionare entrepreneur. What are your credentials for knowing about the economy?
 
Yellen is not a debtor, the government is. I think you are confusing a few things here.

S2007S said:
"Janet Yellen warned lawmakers that as they consider such spending, they should keep an eye on the national debt. Yellen also said that while the economy needed a big boost with fiscal stimulus after the financial crisis, that's not the case now."


Hahahhahah keep a look out on the national debt???? Since when has yellen been so worried about the national debt??? If she even had an inkling of care about the $20 trillion national debt she would immediately take action NOW to start reducing it, but her foolish idiotic ways has just added to the pile of trillions...
One thing I hope trump does in January is replace her immediately... If he is smart enough he would do this come first day in office....no need to have her there another year....she hasn't a clue what she is doing leaving rates at historical lows for as long as she has, and that also goes for bubble ben bernanke.....they both bowed to wallstreet. It's time to have the market justify rates and not some fed chairman make those decisions any longer.


Federal Reserve Chair Throws Cold Water On Trump's Economic Plan

November 17, 20165:25 PM ET




http://www.npr.org/sections/thetwo-...hair-throws-cold-water-on-trump-economic-plan
More...
 
How do you know? Have you counted his money? He has so far shown nothing. I guess his promise to show his tax records also does not exist anymore. Correct?


recession2016 said:
... He's a multi billionare entrepreneur. What are your credentials for knowing about the economy?
More...
 
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