Financial Markets Down in 2018 – I guess the “economy” is shit now
NOT BREAKING: The shit, house of cards economy is a shit house of cards economy.
Since the financial markets are the only measure of the “economy” that get covered in the news, I guess this all means that the “economy” is now officially shit. Investors are somehow resisting the magical power of tax cuts.
I can’t wait for all the stories about the “debt crisis” the need for “belt-tightening” and how the government needs to “live within its means.”
Fun!
Austerity!
I’m trying to retire before I’m old. This is a big setback. His 38% cult will jump off the cliff with him to validate their bigotry and xenophobia.
Keep dreaming. If you’re under 40, Social Security will just be a think that took a lot of your money, then went away.
https://blog.ssa.gov/social-security-funded-until-2034-and-about-three-quarters-funded-for-the-long-term-many-options-to-address-the-long-term-shortfall/
Social Security Funded Until 2034, and About Three-Quarters Funded for the Long Term; Many Options to Address the Long-Term Shortfall
* as long as Carpercrat austerity doesn’t decide to gut/ sunset it. In the next 10 years, we will see these proposals and it will be sold to over 40 year olds that THEY will be fine, but those “kids” are expecting a hand out.
I know, YOU know SocSec doesnt add to the deficit. but facts no longer matter. what’s important is, it FEELS like lazy people are taking free money and that is the position from which this will be argued.
In 1983, Social Security began to be nibbled away by increasing the full retirement age by two months for every year one’s birth year is past 1954,
58 tomorrow and I want to retire now!
Congress has stolen well over two trillion dollars from Social Security, but they “promise to pay it back” . Endless war and tax cuts for the rich have yet to pay for themselves. Their stealing our money and getting away with it. As for the stock market all the signs are there: Big layoffs, a declining or stagnant housing market and the market sending signals with 500 point loses multiple times, all that’s holding it up is the greed of the traders hoping to hang in there for one more day, terrified that they will miss out. As for “austerity” get ready to march in the streets and call for the heads of assorted politicians, lord let one of them be Carpers. Coons will do as well.
I would love to have transparency
in stock trades and see who is selling to tank the market