There will only be a market crash and new recessio
Post# of 72445
Posted On: 07/07/2016 5:01:32 PM
There will only be a market crash and new recession if more supply side voodoo economics are reinstated into national tax and fiscal policy....the states are the laboratories of democracy and the states that have implemented massive tax cuts for the wealthy and trickle down economics are a disaster....Louisana, Kansas, Wisconsin and Illinois bringing up the rear..trickle down economics creates huge deficits..deficits and income disparity destroy the economy.
as for our current fiscal policy:
Strong growth in individual tax collection drove the U.S. budget deficit to a fresh Obama-era low in fiscal 2015, the Treasury Department reported.
For the fiscal year that ended Sept. 30 the shortfall was $439 billion, a decrease of 9%, or $44 billion, from last year. The deficit is the smallest of Barack Obama’s presidency and the lowest since 2007 in both dollar terms and as a percentage of gross domestic product Keep in mind, in the Obama era, the deficit has shrunk by $1 trillion. That’s “trillion,” with a “t.” As a percentage of the economy, the deficit is now down to just 2.5%, which is below the average of the past half-century, and down from 9.8% when the president took office.
What does this mean for CTIX?...the economy will continue to grow and prosper with progressive tax and fiscal policy....the economy will explode if the GOP gets out of the way of infrastructure spending..millions of new jobs upon the millions of new jobs created over the last 8 years..more insurance coverage with Obamacare leads to:
MILLIONS OF AMERICANS WHO CAN AFFORD AND UTILIZE P,B AND K
GO CTIX
just remember that the same people who predicted a stock market crash in 2012 if Obama won and $6 gas were totally and completely wrong..facts matter...the virtual doubling of the market under Obama gave me the profits to go deep CTIX..thats another fact I intend to ride all the way into a safe and secure retirement
as for our current fiscal policy:
Strong growth in individual tax collection drove the U.S. budget deficit to a fresh Obama-era low in fiscal 2015, the Treasury Department reported.
For the fiscal year that ended Sept. 30 the shortfall was $439 billion, a decrease of 9%, or $44 billion, from last year. The deficit is the smallest of Barack Obama’s presidency and the lowest since 2007 in both dollar terms and as a percentage of gross domestic product Keep in mind, in the Obama era, the deficit has shrunk by $1 trillion. That’s “trillion,” with a “t.” As a percentage of the economy, the deficit is now down to just 2.5%, which is below the average of the past half-century, and down from 9.8% when the president took office.
What does this mean for CTIX?...the economy will continue to grow and prosper with progressive tax and fiscal policy....the economy will explode if the GOP gets out of the way of infrastructure spending..millions of new jobs upon the millions of new jobs created over the last 8 years..more insurance coverage with Obamacare leads to:
MILLIONS OF AMERICANS WHO CAN AFFORD AND UTILIZE P,B AND K
GO CTIX
just remember that the same people who predicted a stock market crash in 2012 if Obama won and $6 gas were totally and completely wrong..facts matter...the virtual doubling of the market under Obama gave me the profits to go deep CTIX..thats another fact I intend to ride all the way into a safe and secure retirement
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