Economics and politics are like oil and water which should never be mixed under any circumstances!
No. The average American hasn't been given the perks that billionaires have received. Those who are most vulnerable, in this nation, have been forgotten!
last go i missed ...and now that's happening with corporate debt?
The 1% and 'leading' politicos are loading their yachts up.
State treasury is empty.
The only looming going on will be done by LauraLoomer
Semantics.
These 'Recessions,' including the crashes of 1907 and Oct. '29, are largely the creations of greedy, risk averse who will try or do almost anything to steal a profit. Ethics never entered the picture. Clinton defanged Glass-Stegal in 99, 10 yrs later we had a recessions.
A continuously growing debt will ruin our ability to aid the economy when it weakens.
:)
Very little. In fact, in recent years, we have made it worse. By passing substantial taxcuts during a period of growth, launching trade wars around the world, and ballooning the national debt, the government will have far less tools to use when a recession inevitably happens.
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