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U.S Economy Grows 3.2% in Q1 of 2019

#8

(04-26-2019, 02:11 PM)mikesez Wrote:
(04-26-2019, 01:52 PM)HURRICANE!!! Wrote: The momentum of the Obama era can only last so long.

It's foolish to blame anyone in the government for any of this kind of stuff.
Trump's tax cut made the growth phase we were in a little more intense in the short term, but every business cycle runs out of ideas and enthusiasm eventually.  Hopefully the downturn will be gentle with relatively low unemployment.

The government should be building a safety net such that people don't starve or get forced to live in their cars when the downturn hits.  But it shouldn't get blamed for the downs of the business cycle, nor should it get credit for the ups.

Don't forget massive Obama era deregulation to remove the choke-hold from the throat of businesses, allowing them to thrive again.

So, the government should be using tax dollars to build a safety net for people capable of building their own safety net with the additional income they are receiving from the current economy? What does the government need to do in addition to what is is already doing?
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RE: U.S Economy Grows 3.2% in Q1 of 2019 - by StroudCrowd1 - 04-26-2019, 02:19 PM



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