The Soapbox

Los Angeles Hoo

Joined: 03/05/2014 Posts: 19563
Likes: 29836


Cut taxes, spending and regulation -- the same things you'd always do...


...to enhance the power of capitalism, kickstart the economy and boost asset values. That's the only way out longer-term, and it's not complicated. Instead, the Biden admin is pushing for higher taxes, has increased regulation and wants more spending.

You have a valid point that a lot of what we are experiencing today -- particularly inflation and supply chain issues -- was baked in the cake due to the idiocy of the (allegedly) COVID-related policy unleashed in many states and in many countries around the world, but everyone in the Biden admin favored all of that and more, so they don't get to skate. Further, the admin made things worse with the stimulus package passed last year, and tried to double down with BBB, only to (thankfully) fail.

As I've noted before, it's ultimately worked out pretty well for the right to have had Biden installed as president last year to take the fall for what's unfolded. Sweet, sweet karma. The Congress beginning early next year will look much more favorable than had Trump still been in office.

[Post edited by Los Angeles Hoo at 05/19/2022 10:31AM]

(In response to this post by CMUHoo)

Posted: 05/19/2022 at 10:28AM



+5

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Current Thread:
 
  
Dow 1/21/21 - Close 31,188. Dow this AM - 31,129. -- Hoodafan 05/19/2022 09:35AM
  Excuse me, but his name is Brandon. ** -- DownTownHoo 05/19/2022 10:30AM
  What would you like him to do differently? -- CMUHoo 05/19/2022 10:11AM
  Prime example of Maslow's Law of the Instrument" -- The Grand WazHoo 05/19/2022 4:52PM
  Pretty much never unless... -- Los Angeles Hoo 05/19/2022 1:11PM
  Lol! Yep. That's the ticket. ** -- HoosWillWin 05/19/2022 12:00PM
  Your pat answer for every situation -- CMUHoo 05/19/2022 10:35AM
  My “pat answer” to starvation is to eat, just like my… -- Los Angeles Hoo 05/19/2022 12:18PM
  And when you're wrong, you're wrong. -- CMUHoo 05/19/2022 12:42PM
  It is absolutely never the case that any one set of solutions -- hoolstoptheheels 05/19/2022 10:55AM
  You should inflation-adjust those numbers, in which case... -- Los Angeles Hoo 05/19/2022 10:34AM
  My apologies, heels. ** -- Los Angeles Hoo 05/19/2022 1:10PM
  *** -- Los Angeles Hoo 05/19/2022 1:09PM
  31,167. Fake Nooz now! -- Hoodafan 05/19/2022 10:29AM
  Curses! Foiled again! -- hoolstoptheheels 05/19/2022 10:47AM
  TeLL uS wAt WoOD U DuE ** -- ryno hoo 05/19/2022 10:15AM
  Dow 2/14/20 - Close 29,398. Dow this AM - 31,129. -- Hoodeac 05/19/2022 09:54AM
  Not bad considering the circumstances. ** -- SixerHoo 05/19/2022 09:43AM
  Suck on that, Corporate AmeriKKKa!!!** -- ResistHoo 05/19/2022 09:38AM

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