Quote:
Originally Posted by ASAP
I think we both voted for the same person so this isn't a political discussion but rather an economic one... if you put 2 and 2 together, the plan forward is actually quite simple-
1. Extend TCJA w probably some form of corp tax cuts
2. Immediate pressure to lower rates with high chance of a new fed chair
3. Potential tariffs which would bring back inflation in combo w the rate reduction
4. Money printing and MBS purchases right back on the table.
5. Some spending will be cut but not remotely enough to offset the tax credits and the deficit will continue to sky rocket.
All of this will have very positive effects on the stock market / wall street for obvious reasons... I think likely this will have the opposite effect on everyday working folks and main street. If unemployment continues to falter it will only get worse.
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Are you not allowed to say you voted for Trump on here? Is that illegal?