Again, Where Are The Checks?

[WTF]

Originally Posted by gnadfly

Most people consider your posts unintended sarcasm.
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I consider your posts the drivel of an old man whom the world has passed by and he hasn't a clue to that fact.



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[rexdutchman]

Do you mean the checks that were the FIRST thing Beijing bob was gonna do after his pudding

[Tiny]

Originally Posted by adav8s28

+1

Excellent post. The USA has been a mixed economy for quite some time. I am ok with not letting 12 year old kids work in the coal mines.

Who had 12 year olds working in the coal mines 60 or 70 years ago? Mao in China, which was mostly socialist, or Patton in Hong Kong, which was mostly capitalist? Mao of course, Hong Kong has no coal mines. Anyway, as you know, child labor laws aren't incompatible with capitalism.

Originally Posted by adav8s28

If the USA were truly socialist, you would not have one percent of the population controlling 90% of the wealth. You would not have guys like Bezos, Buffet, Gates, Ellison, Zuckerberg or the Google boys having more money than they can count.

And you would not have Amazon, Berkshire Hathaway, Microsoft, Oracle, Facebook or Google. It's a good thing we're not truly socialist, and that entrepreneurs are not starved of capital by the government to grow their businesses, as Bernie Sanders and Elizabeth Warren would have it.

Originally Posted by adav8s28

Trump promised 4,5,6 percent GDP growth once his corporate tax cuts were implemented. Trump didn't even hit 3%. His percentages were essentially the same as Obama's.

https://www.thebalance.com/u-s-gdp-growth-3306008

Nobody with half a brain believed we'd have 4 to 6 percent GDP growth anyway. Correlating GDP growth with who's president is a fool's game. There are so many other factors, like Fed policy, what's happening with our trading partners, Congress, demographics, technology, the business cycle, etc.

[reddog1951]

"Nobody with half a brain believed we'd have 4 to 6 percent GDP growth anyway. Correlating GDP growth with who's president is a fool's game. There are so many other factors, like Fed policy, what's happening with our trading partners, Congress, demographics, technology, the business cycle, etc."

A lot of people with less and even more than half a brain believed. Also believed, and still do, the other bullshit spewed. You are correct about other factors, including measures by predecessors that haven't taken full effect. Growth, like the stock market, is a self fulfilling prophecy, if enough want it to go up it will, if not it won't. Fundamentals are of minor importance any more. I'd rather gamble on poker.

[gnadfly]

Originally Posted by rexdutchman

Do you mean the checks that were the FIRST thing Beijing bob was gonna do after his pudding

30 days and still no checks. A LOT of excuses. A lot of residual TDS. A lot of early bed times.

Who's pulling the strings? I doubt Joe read those EOs much less composed them. I know they have various committees but I can't believe Joe is running any much less making policy decisions even at a large scale.

I doubt he even knows many of his cabinet picks. When he give a speech about some of them its apparent he's reading a teleprompter.

[LexusLover]

Originally Posted by gnadfly

I doubt Joe read those EOs much less composed them.

Too many big words, and produced as finals EXTREMELY early.

PissLousy is preparing the foundation for a 25thAmendmentAction.

He has to sign off on the basic agenda plan before he goes.

[WTF]

Originally Posted by Tiny

Nobody with half a brain believed we'd have 4 to 6 percent GDP growth anyway.

I had two half brains that believed it, does that count? They were sure Trump would sustain 3 plus GDP numbers!

bambino and that economic guru lustylad were all in on Trump's projected GDP numbers!

[Tiny]

Originally Posted by reddog1951

Growth, like the stock market, is a self fulfilling prophecy, if enough want it to go up it will, if not it won't. Fundamentals are of minor importance any more. I'd rather gamble on poker.

I don't know. That's very true for some companies like Tesla and SPAC's. Then there are others that actually do go up and down depending on perceptions of future earnings, dividends and cash flows.

As to growth in the economy that's above my pay grade. I bet consumer and business confidence do play a part. If you subscribe to growth being a self fulfilling prophecy, then maybe Trump had a good strategy, raising expectations. Getting a little off the subject, I don't think that philosophy worked so well for Covid though -- painting a more realistic picture than he did would have been better.

[gnadfly]

Still no check yet. My brother believes the "Rescue America" bill or whatever its called will be done by March 15 due to some budget issue. He still hasn't received his $600 check yet.

Market took a hit yesterday. Several tech company and BTC darlings haven't performed well. Perhaps they were hoping for checks?

[gnadfly]

Originally Posted by LexusLover

Too many big words, and produced as finals EXTREMELY early.

PissLousy is preparing the foundation for a 25thAmendmentAction.

He has to sign off on the basic agenda plan before he goes.

My suspicion is the Lawfare guys have everything pre-written. Some WH press staff are asking why Biden won't have an inperson presser.

[rexdutchman]

1.9 Trillion dollars ,,,, and a very small % is for covid 1984 , more going to gov programs and other countries OH and don't forget refunding the WUHUN lab JUST FUCKING BRILLIANT

[LexusLover]

Originally Posted by rexdutchman

1.9 Trillion dollars ,,,, and a very small % is for covid 1984 , more going to gov programs and other countries OH and don't forget refunding the WUHUN lab JUST FUCKING BRILLIANT

How much does Iran get to delay finalizing the "Big Bomb"?

The "TEACHERS" still won't go back until the shelters are completed.

[WTF]

Were any of you bitching about Trumps PPP giveaway?

I sure the fuck can't recall if so.

[LexusLover]

Originally Posted by WTF

Were any of you bitching about Trumps PPP giveaway?

Trump SENT CHECKS TO THE U.S. CITIZENS!

After he pushed through TWO .... that's TWO .... BILLS.

But I'm glad he's still in your brain!!!!

[GastonGlock]

Originally Posted by WTF

Were any of you bitching about Trumps PPP giveaway?

I sure the fuck can't recall if so.

I did. It was as crooked as any gov money giveaway, but I also said that the shutdown was wrong too. Businesses should have stayed open if they wanted. The whole COVID fiasco is an egregious government overrreach.