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S&P 500 Futures - Dec 24

CME
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5,706.25
+26.25(+0.46%)
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S&P 500 Futures Discussions

There was a time years back where this Feddy entity had credibility....when gold reached $450 they would raise their rates and when Gold dropped to $250 they would drop their rates....all while keeping the size of their balance sheet nearly constant.....Last 20 years they have gone way off course from that workable construct with constant hokum producing a highly distorted situation.....lol
$30.3 TRILLION in U.S. Debt. We need a balanced budget ! Taxes on U.S corporations.
Here's a solution that worked well in 1921 with Harding and Mellon...just stop spending for Pete's sake....No need to raise taxes...LOL.
Jim, too many libs on here don't understand the simple concept that the Laffer curve really works -- i. e., up to a point, lower taxes stimulate the economy and generate higher revenues for the government, not lower, after a short period of time. It has worked every time it's been tried. But the Pavlov's dog response from the lefties is always higher taxes to correct a deficit. As you said, lower spending (unthinkable! the horror!) and yes, lower marginal tax rates, are the strategies which will actually work. But I am not optimistic that too many NY libs on here wish to be confused with the facts.
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