jreeves
Senior Member
- Feb 12, 2008
- 6,588
- 319
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The stock marekt responds to all kinds of input.
While certainly the regime in power might have an effect on it, other factors certainly play their role in what happens, too.
I did not credit Clinton for the markets rise, neither do I blame Bush II for its decline.
I'm with TORO here, trying to make political hay out of the DOW is foolish and misinformed.
I'm with Terral you can't keep spending trillions of dollars with no backing and expect the outcome to be good.
Oh, but I agree that you cannot keep spending trillions of dollars without serious reprecusions.
But that is a far cry from saying there is going to be 79 billion percent inflation. Inflation is coming, maybe 5% or 10%, but not 79,000,000,000%
Context people. Context.
You know what Toro, do I know exactly what the inflation rate will be? No, but this guy was warning about government spending way back.
David Walker on CBS 60 Minutes