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Old 12-25-2018, 05:50 PM  
BaldBastard
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Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 16,373
Quote:
Originally Posted by Sarn View Post
Tax cut - stimulate real sector economy, when peoples get work and start work)
Federal Reserve stimulates financially sector economy, it not a real sector, when rich become richer on computer numbers moni.
Federal reserve movements were as predictable as the moon rising based on the stimulus given to the American economy during a time of growth and winding back of QE. It was a MORON economic move by Trump and his party to simulate in a time of growth, all he had to do was steer the ship.

Trump has proven beyond a doubt that his chaos style management ends in bankruptcy more than success. All it does is manage to keep his name in the headlines so he can move on to his next project and draw more suckers in... and that scenario is fine for property development and flipping over inflated shit apartments, but in no way how you want a country to be run.

The big one to watch now will be trade deals with China, without them both countries are fucked. But if these deals are not exclusive US/China trade Trump has failed and fucked the USA in the ass.
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