I heard a montage on a local radio news program which was the many times biden bragged about how great the stock market was performing under his term. He did that often, as the montage ran for nearly a minute. I lost count. Looks like he’s only taking credit for when it’s up but not when it’s down. Way to go Mr. The Buck Stops Here. He’s already pointing the finger everywhere but at himself now that the market has given away all of his gains, plus some.
Inflation will go away when the 23,000 dollars Trump borrowed for each and every American finally gets migrated to the richest Americans. Once it is in the hands of the Koch’s or Walton’s or Bezeos it will never be seen or heard from again.
The large majority of trading in the stock market is done by computers using algorithms. Algorithms all have some kind of built-in bias. When all is said and done, the stock market is legalized gambling. You pays your money and you takes your chances.
We had a huge downturn in the market as soon as people acknowledged that there was a virus in our midst. It took a while, but it came roaring back early last year. It will come back again. It always does, but you have to think long-term.
ibFrank about 2 years ago
Inflation will go away when people quit buying stuff.
My First Premium Member about 2 years ago
Thanks Biden. Your reckless spending did this.
winowino Premium Member about 2 years ago
Very clever, Mr. Summers! :-)
guyjen2004 Premium Member about 2 years ago
I heard a montage on a local radio news program which was the many times biden bragged about how great the stock market was performing under his term. He did that often, as the montage ran for nearly a minute. I lost count. Looks like he’s only taking credit for when it’s up but not when it’s down. Way to go Mr. The Buck Stops Here. He’s already pointing the finger everywhere but at himself now that the market has given away all of his gains, plus some.
morningglory73 Premium Member about 2 years ago
Price gouging is also a concern.
Longplay Premium Member about 2 years ago
More like Biden in a china shop.
jhayesd31 about 2 years ago
Inflation will go away when the 23,000 dollars Trump borrowed for each and every American finally gets migrated to the richest Americans. Once it is in the hands of the Koch’s or Walton’s or Bezeos it will never be seen or heard from again.
I Play One On TV about 2 years ago
The large majority of trading in the stock market is done by computers using algorithms. Algorithms all have some kind of built-in bias. When all is said and done, the stock market is legalized gambling. You pays your money and you takes your chances.
We had a huge downturn in the market as soon as people acknowledged that there was a virus in our midst. It took a while, but it came roaring back early last year. It will come back again. It always does, but you have to think long-term.
david_42 about 2 years ago
Bear market!!! Just like the other five or six, I’ve made it through. Idiots panic and sell, I buy low.
Kurtass Premium Member about 2 years ago
Greed is good. Profiteering is more gooder.
rbullfogg about 2 years ago
Great analogy!
DrDon1 about 2 years ago
Summers, the ‘Giuliani of Economics.’