D
Deutsche Gopher Fan
Guest
Really? Ughh.
Yes, he went off in that tangent
Really? Ughh.
Trump wants to know why Nancy supported a payroll tax cut under Obama but not now. Because as you know, circumstances are never allowed to be different from each other.
KAG!!
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">At the moment, the markets have now wiped out roughly 83 percent of the gains of the entire Trump presidency.</p>— Peter Baker (@peterbakernyt) <a href="https://twitter.com/peterbakernyt/status/1238115060179968000?ref_src=twsrc%5Etfw">March 12, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Something just happened. The markets just shot up
Something just happened. The markets just shot up
And they're down again.
Because the Obama payroll tax cut was legislatively guaranteed to have the shortfall replenished from the general fund, whereas Dump's bankrupts social security. Intentionally.
Because evil never sleeps, and these people are always thinking about their agenda above everything else.
The right is an existential threat.
No it’s way back up. Unless I’m far behind.
Something just happened. The markets just shot up
And they're down again.
No it’s way back up. Unless I’m far behind.
Well and also because the setting is different. Obama's happened during a somewhat-cyclical (along with the other financial stuff yes) downturn where the extra money could boost the economy. This is happening during a completely different type of crisis where people can't buy anything if they're sick and everywhere is closed.
And they're not getting a paycheck, cause they're home sick without paid sick days.
But whatever.
Here is why the markets corrected:
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The New York Federal Reserve vows to pump in over $1 trillion to fight coronavirus-linked "disruptions" in markets. Follow live updates: <a href="https://t.co/RwW4hFI0ez">https://t.co/RwW4hFI0ez</a> <a href="https://t.co/cv8DeQy5AV">pic.twitter.com/cv8DeQy5AV</a></p>— CNN Breaking News (@cnnbrk) <a href="https://twitter.com/cnnbrk/status/1238161984018931712?ref_src=twsrc%5Etfw">March 12, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
It didnt last though...back to almost an 8% drop.