DesideriScuri
Posts: 12225
Joined: 1/18/2012 Status: offline
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quote:
ORIGINAL: mnottertail Fed does not start to dry up quantitative easing. What does this mean for the economy? The economy will continue to crawl forward, relying on government largesse. Misallocation of resources and investments will continue, and a new bubble will continue to grow. quote:
House republicans are gonna send a spending bill to the Senate (most likely) at the last minute with an amendment that defunds Obamacare. Senate will certainly reject the amendment and send the bill back to the house nearly immediately minus the amendment, passed; putting it on the republicans, which is where it belongs, and what is the fallout for the republicans? Last time they tried to do some stupid shit like that was 96, lost the white house (Dole got hammered), Gingrich lost his power, and they were sidelined. What does this mean for the economy? Blaming Dole's loss on the R's shutdown of government in '96? <Smirk> Dole was even more wooden than Kerry. But, that probably had nothing to do with it, right? What will the government gridlock mean for the economy? The economy will likely take a slight hit as people worry about the fall out (driven in no small part by liberal fear-mongering). It will also put a pause in the business community as they can't forecast future activities without knowing wtf is going to happen, regarding Obamacare, and I'm sure most or all of them are interested in the developments.
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What I support: - A Conservative interpretation of the US Constitution
- Personal Responsibility
- Help for the truly needy
- Limited Government
- Consumption Tax (non-profit charities and food exempt)
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