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Old 09-03-2011, 10:19 PM  
Socks
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Join Date: May 2002
Location: Toronto
Posts: 8,478
Why are they talking stimulus when the DOW is at 11,250 and corporate profits are fine?

It's a headscratcher.. The DOW was in the 6000's briefly in the big crash, now it's almost double that, and the country needs to take some uppers?

I think that corporations are sitting on so much money nowadays that the average person struggles to get much for themselves, and the income gap is easily seen by looking at the markets. Markets seem to be very disconnected from the populace at this point.

They say the #1 most important thing for the economy is "consumer spending" ie: people making $2k a month and paying out $2k-3k a month in living expenses. So what that means is consumer retardation is the #1 most important thing for the economy.
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