With as much construction and etc going on in Nashville I can't help but think it's going to crash and burn at some point.
If it does it will be nasty
The stock market is doing well due to a number of factors. The big one is the Fed keeping interest rates low, and purchasing bonds and mortgage backed securities, which has driven bond yields down, which drives a search for more yield. Thus, money is driven to riskier investments like the stock market.Taxing our way to prosperity? How is that happening with tax rates at historic lows? If the Treasury is getting fat it is because there's plenty of money out there not because taxes are high.
Also business overall is not in a period of low growth. The stock marked reflects that. Unfortunately that's not true for small businesses and that's a problem.
True or false: Under each of the Republicans in the last 50 years, the deficit has gone up, which by definition increases the debt.
There's a ton of cash sitting on the sidelines. Corporations aren't afraid to invest because of regulation or taxes -- that is a complete myth. They are not investing because they don't see the level of consistency in the economic recovery they need to see to figure it is worth the risk.
Guess Gov Cuomo bought into the myth with his StartUP NY plan - their entire economic development plan is based on lowering taxes and regulation.
True or false: Under each of the Republicans in the last 50 years, the deficit has gone up, which by definition increases the debt.
I'm not saying you won't have states and localities trying to lure in new businesses with incentives.
That in turn does not mean that every decision, or even most decisions, by a company to keep the cash in its coffers rather than build a new facility is because of tax or regulation concerns.
True or false, the debt has gone up under every Dem president in the last 50 years?
True or false, the deficits under Obama went up considerably before the came down to still high levels?
As evidence - true or false the national debt doubled under Obama? Hard to claim he's making big progress on the deficit when under him we've added as much debt as all other administrations combined.
True or false, the Sequester has had a major impact on lowering the deficit since enacted.
Bottomline it's silly to point to either party as fiscally conservative when it comes to Federal spending and the debt
True or false, the debt has gone up under every Dem president in the last 50 years?
The debt has gone up under all presidents in the last 50 years. It has gone up slower under Obama and Clinton than with their predecessors due to lower deficits.
True or false, the deficits under Obama went up considerably before the came down to still high levels?
Due to the bailouts and spending necessary to prevent economic collapse as the Bush administration wound down.
As evidence - true or false the national debt doubled under Obama? Hard to claim he's making big progress on the deficit when under him we've added as much debt as all other administrations combined.
False. Plus Reagan TRIPLED the debt. Both Bushes added much more to the debt, percentage-wise, than did Obama.
True or false, the Sequester has had a major impact on lowering the deficit since enacted.
Its had some effect, in some places.
Bottomline it's silly to point to either party as fiscally conservative when it comes to Federal spending and the debt
True, but the GOP has been far worse.
I don't what is going on everywhere else, but the economy is fine here. Building is booming. No real estate inventory (Sellers market). It's all looking good.
True or false, the debt has gone up under every Dem president in the last 50 years?
True or false, the deficits under Obama went up considerably before the came down to still high levels?
As evidence - true or false the national debt doubled under Obama? Hard to claim he's making big progress on the deficit when under him we've added as much debt as all other administrations combined.
True or false, the Sequester has had a major impact on lowering the deficit since enacted.
Bottomline it's silly to point to either party as fiscally conservative when it comes to Federal spending and the debt
How on earth can you claim the debt has gone up slower under Obama than all others? It will double under him.
Due to bailouts? How convenient. Bush had to do bailouts from the crash of 2000/2001. Reagan had to do bailouts from the disaster from the Carter era. You can't cherry pick like that.
The Sequester only had some effect? What on earth would you attribute this "reduction" in deficits to? It certainly hasn't been roaring growth so it has to be slowing in spending.
GOP has been worse - laughable. It's a fools game to try to put this on one party or another.
True, the debt has gone up under every president, dems and republicans
True, with the deficit in 2008 due to a budget passed by the previous congress and previous president (this deficit is due mainly to the bailout of the big banks). It stayed about the same the next year (due to the stimulas package) and went down every year after that.
True, the debt has nearly doubled under Obama.
True, the sequester has been the main reason for the falling deficits. Another part is the expiration of Bush's tax cuts on the top marginal rates. What is funny is that Obama has blamed Congress for the sequester, saying the cuts were not his idea. Romney blamed Obama for the cuts. Seems like neither side wants to take credit for the sequester. Barack Obama says Congress owns sequestration cuts | PolitiFact
Neither party is fiscally conservative by any stretch of the imagination when it comes to deficit reduction. Clinton balanced the budget through raising taxes and cutting the millitary budget. Obama lowered deficits through letting the Bush tax cuts expire and sequestration (which he claims was not his idea). Bush 43 was a borrow and spend kind of President, under his watch public debt increased 88% and gross debt increased 70%. Paul Sadler says national debt doubled under George W. Bush | PolitiFact Texas
How on earth can you claim the debt has gone up slower under Obama than all others? It will double under him.
Due to bailouts? How convenient. Bush had to do bailouts from the crash of 2000/2001. Reagan had to do bailouts from the disaster from the Carter era. You can't cherry pick like that.
The Sequester only had some effect? What on earth would you attribute this "reduction" in deficits to? It certainly hasn't been roaring growth so it has to be slowing in spending.
GOP has been worse - laughable. It's a fools game to try to put this on one party or another.
False. Plus Reagan TRIPLED the debt. Both Bushes added much more to the debt, percentage-wise, than did Obama.
Taxing our way to prosperity? How is that happening with tax rates at historic lows? If the Treasury is getting fat it is because there's plenty of money out there not because taxes are high.
Also business overall is not in a period of low growth. The stock marked reflects that. Unfortunately that's not true for small businesses and that's a problem.
Before it's said and done, Obama will increase the debt by roughly the same amount as Bush II. That's not slower.The debt under Reagan went from $934 billion to $2.697 trillion. That's over a 300 % increase.
The debt under Bush I went up over 80 %.
The debt under Bush II went up 110 %.
You were saying?