The Bust of the Booms

william the wie

Gold Member
Nov 18, 2009
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The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.
 
The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.
 
There needs to be cuts to expenses and an exchange of dependence on government with independence of someone. The welfare state was well intended but it's a massive failure, absolutely massive. Government always expands, is never efficient since it's not someone risking their capital, and it is always welcomed by those who want to find the trough for them and theirs. High taxes make it easier to expand the government and boondoggles, lower taxes make it more difficult.

I read stories of immigrants who came to America in the 20's, 30's and 40's who did anything and everything to succeed. How many of these immigrants either earned or left a fortune for their families? Many. Far more than in any other society on earth. I forget who it was, but one man who became a multi-millonaire was selling apples on the street to pay for his families food until he found work. He said he has no choice, there was no shame and noone looked down on him, he was doing what needed to be done. Not one dime of government help. These people embody the spirit of Americans, which is why they went to America.

Open borders could in theory work, you know why it cannot? Keynesian economics. The welfare state. It's unsustainable for a country. You become a flop house. Those who want to work hard and achieve often overshadowed by those who cannot, or refuse to. Then there are the gangs...

There should be mechanisms to help someone up, I agree with this. There has to be a bigger focus though on independence. There are generations of people on welfare, as there are in England. There needs to be a culture of pride in self sufficiency and minimal intervention in peoples lives. There are many reasons for the failure of so many, it's often state lead agencies who destroy lives and opportunity.

Socialism is my enemy. I will fight it until I am gone. God Bless America!
 
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The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.
The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.
The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.

We seem to be singing from the same page in the same hymnal so I either don't understand your point or you didn't understand mine and of course maybe both. My point is that unscrambling and uncooking eggs is hard. With the Ds facing a do or die situation and the permanent loss of 20 house seats or more cooked in for 2022, no ability to get anyone appointed to anything without approval from the Rs and an economy headed for the dump giving the Ds the blame on a silver platter is a smart move.
 
My only question is are the Ds desperate enough to grab a live grenade and stick it in their pocket? They could be sandbagging as well.
 
The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.
The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.
The Coolidge tax cuts created a memorable crash and so did:

The Kennedy tax cut did as well. 68/69

Reagan's 87

Clinton's which caused the all time biggest crash and is generally ignored because it was a slow motion crash that didn't hit bottom until he had been out of office for two years.

Then the W real estate crash.

Trump seems to be betting on the Dumbers winning in 2020 before reapportionment makes them a permanent also ran party and crushing them in 2024. Tricky strategy but he has pulled off two political impossibles already: winning the presidency as an outsider and repealing an entitlement by abolishing the individual mandate tax that makes Obamacare survival possible.

The tax bill is going to create a huge internal migration incentive similar to that of Deng in China with similar crashes but with more money and less people involved. Because of the smaller number of people involved the migration boost should be shorterlived than in China. Because of the greater amount of money involved the economic results will be far larger.

The coming year's results should be enough to create a Republican lock on the Senate in 2018.that should last through 2024.

The Blue Wall and MSM should be fading fast by this time. A bad time to be president, especially a D president.

I agree with some of what you say but here’s something you need to understand: the economy, like the stock market has highs and lows. It corrects itself always. Reagan’s tax cuts resulted in a boom in the economy before it corrected and it also rebounded again under Clinton. That’s the way it always works, except when we had 0bana who was pretty effective at keeping the economy down. But he couldn’t completely stifle it. It corrected eventually despite his efforts.

We seem to be singing from the same page in the same hymnal so I either don't understand your point or you didn't understand mine and of course maybe both. My point is that unscrambling and uncooking eggs is hard. With the Ds facing a do or die situation and the permanent loss of 20 house seats or more cooked in for 2022, no ability to get anyone appointed to anything without approval from the Rs and an economy headed for the dump giving the Ds the blame on a silver platter is a smart move.

an economy headed for the dump giving the Ds the blame on a silver platter is a smart move.

If the economy is doing well, Trump will get the credit and get re-elected.
If the economy is doing poorly, Trump won't get re-elected and the Republicans will get the blame.
I don't see how your "blame the Ds" situation happens.
 

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