General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDOW DOWN 6 points right now---ROFLOL!
Either this plan passage is already baked into the DOW over the last few months or even Wall St. knows this is a POS.
scheming daemons
(25,487 posts)Dow will be flat or go down over the next several months.
Bengus81
(6,931 posts)How about that stock market Donnie???
scheming daemons
(25,487 posts)Johonny
(20,849 posts)workinclasszero
(28,270 posts)We must reform (kill) social security/medicare!!!
Starting soon in 2018, you heard it here first!
JimBeard
(293 posts)shanti
(21,675 posts)Last edited Thu Dec 21, 2017, 03:52 AM - Edit history (1)
but do you really think that all of the people who DEPEND upon SS and/or Medicare to survive will really allow this to happen? It's only part of my retirement income, but I damn well will be out in the streets if they try to take away the only thing keeping so many Americans alive. Whatever happened to the social contract, you know, taking care of those who are unable to take care of themselves? Rhetorical question, yes, but I have at least 4 relatives who voted for the piece of shit who occupies the white house. You know why? (I asked them.) The primary reason was because "so many people just have their hand out and take all the time - why should I pay for freeloaders". Only one of them is not doing well (on SSI), the others are doing quite well. They bought into Raygun's philosophy, and Faux tells them they are right. Now they don't want to discuss politics and their bad decision.
delisen
(6,043 posts)krawhitham
(4,644 posts)Wounded Bear
(58,653 posts)Exploding gov't deficits probably won't help.
So, yeah, the next great recession seems in the offing. Real estate in my area has been ballooning for months now, getting really unreasonable for anybody not making multiple six figure incomes. Our state min wage is $4-5 above federal, and people still can't afford to raise a family.
CincyDem
(6,357 posts)L. Coyote
(51,129 posts)When you need lots more dollars to buy thew same thing in a globalized world, the dollar is losing value!
Blue_true
(31,261 posts)Is a perfect illustration of what is wrong with the message that we send as Democrats. I made this point several days ago and got ripped for it by one or two persistent posters. I know what "Sentient" means, but how many everyday people do? We use words that make people not get our message and need to stop that BS. Our language should be down to earth, to the point and fucking plain speak.
L. Coyote
(51,129 posts)We are Democrats, not stupid.
Blue_true
(31,261 posts)I stand by what I wrote.
We are Republicans . Do not trust us with your money, your health or your life.
Blue_true
(31,261 posts)ProfessorGAC
(65,021 posts)I think not. Come on, there are better ways to attack this abomination of fiscal policy.
PoindexterOglethorpe
(25,855 posts)O!M!G!
Are you serious? Six points is about two-tenths of one percent.
LanternWaste
(37,748 posts)Seems again, you're the only own adding any melodrama. I can certainly understand why your focus is trivialization rather than substance... it appears a most consistent tact to better forward a narrative.
OMG (in all caps with exclamatory punctuation as edited by your own bias), indeed.
Tipperary
(6,930 posts)I think you mean tack and not tact which has a different meaning. The repeated use of own I really cannot fathom.
PoindexterOglethorpe
(25,855 posts)intended by the OP.
But I keep on seeing absurd posts here where people are either freaking or gloating over a relatively small drop in the Dow.
Bengus81
(6,931 posts)I'm not saying a 6 point drop signals the next Great Depression but I find it ironic that the DOW has dropped since Mon about 120 points in advance of them knowing full well this SHAM bill would pass. I was guessing we might see some blockbuster 300 point day upward. And...given the fact that all Donnie boy can do is talk up the stock market I find it very ironic.
MineralMan
(146,298 posts)Meaningless.
karynnj
(59,503 posts)In a minute, it is probably almost equally likely to be above or below zero.
Tipperary
(6,930 posts)Never mind the fact that many of us can be adversely affected by the stock market, so I really will not be on board with cheering a major drop (were one to occur).
Bengus81
(6,931 posts)that it would be down even a point after this MONSTER tax cut for Wall St. types. And the fact that this is day three of it going down.
Whatever.................
bearsfootball516
(6,377 posts)Its like the equivalent of cooking a huge pot of spaghetti, then taking one noodle out.
wishstar
(5,269 posts)The market has had a steady rise from 2009 until now, so this rise over past year is not that spectacular if taken in context. Similarly, job growth under Trump has been just a continuation of the trend since 2009 and and in fact not as robust as the Obama years.
flamingdem
(39,313 posts)right?
doc03
(35,332 posts)they got what they paid for. Maybe now is a good time to crash the market and wipe out the small
investors. that's what happens they crash the market and the small investors panic and get out
the 1% picks up stocks at bargain prices.
Achilleaze
(15,543 posts)Investors recognize that Comrade Casino* and his KGOP republican cronies have just screwed the US goose.
The Trump Slump begins...
* republican Draft-dodger-in-Chief
greytdemocrat
(3,299 posts)Nothing I've seen in the markets points
to that.
Persondem
(1,936 posts)will happen.
Some of the details can be found at the link below ...
https://www.cnbc.com/2017/11/27/chance-of-us-stock-market-correction-now-at-70-percent-vanguard.html