william the wie
Gold Member
- Nov 18, 2009
- 16,667
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The Obama administration has been playing defense its whole time in office, even missing the 2013 downturn that is caused by new people being brought in at the start of even second terms. This has several downsides for the next president:
Interest rates are so low that cutting them even to zero will have little, if any, positive effect.
Labor Force participation rates by those 25-54 have stayed at levels normally associated with recession.
Income and wealth inequality has been deliberately increased.
Therefore a repeat of the end of the second Clinton administration is likely, massive loss of income and wealth. The formula was repeated under Bush with even worse results. This third iteration should cause an even bigger downturn.
So how to play this coming crash is my question. I have a game plan already but I want to check for possible missed tricks..
Interest rates are so low that cutting them even to zero will have little, if any, positive effect.
Labor Force participation rates by those 25-54 have stayed at levels normally associated with recession.
Income and wealth inequality has been deliberately increased.
Therefore a repeat of the end of the second Clinton administration is likely, massive loss of income and wealth. The formula was repeated under Bush with even worse results. This third iteration should cause an even bigger downturn.
So how to play this coming crash is my question. I have a game plan already but I want to check for possible missed tricks..
