General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDOW Dropping Fast Again Today
Down 235 as of 10:35 AM EST
https://www.google.com/search?q=DJIA
angrychair
(8,736 posts)Maybe they can all pray about it...
MFM008
(19,821 posts)As the current Kremlin plant in the White House.
Johnny2X2X
(19,140 posts)Reps are so sure that tax cuts equal great things for the economy that they are left dumb struck every time. It's the pillar of their entire economic philosophy and it cannot fail in their minds, until it does over and over.
The economy is built on the backs of a strong middle class, giving the middle class an extra $30-50 per paycheck doesn't hurt, but it's not enough.
A fair tax code that would grow the economy more than anything would include absolute exemption for the first $70,000 or income for individuals and $140,000 for couples. Set the rate on incomes above that to whatever it has to be to cover the budget.
ffr
(22,672 posts)And falling fast.
This marks the second week of down markets.
ffr
(22,672 posts)spanone
(135,891 posts)malaise
(269,200 posts)Johnny2X2X
(19,140 posts)This stinks, no one is rooting for this to happen. Most of us have retirements tied up in the markets.
But we have a President who's so unpredictable and a Congress who is implementing policies that have a proven track record of hurting the economy. The madness must be stopped.
MichMan
(11,988 posts)I don't understand it either. People are so desperate that Trump gets blamed that many that post here are ecstatic when it drops. I am not
MineralMan
(146,336 posts)I didn't see any such thing in my post - just the information for those who are interested.
MichMan
(11,988 posts)malaise
(269,200 posts)24,183.40 -709.95
MineralMan
(146,336 posts)I'm not seeing any signs of an upturn at the end of trading today.
malaise
(269,200 posts)-742.61
ffr
(22,672 posts)MineralMan
(146,336 posts)Weed Man
(304 posts)Someone needs to turn that damn thing off so Trump can be unceremoniously booted out after CEOs loses their actual value of their companies when the PPR isn't on.
Roland99
(53,342 posts)Not today! -789 and dropping
ffr
(22,672 posts)malaise
(269,200 posts)oasis
(49,426 posts)Roland99
(53,342 posts)-815
-823
Where are the angels/short killers?
Johnny2X2X
(19,140 posts)The bloodbath continues.
RussBLib
(9,043 posts)They did a pretty good job on the election
MineralMan
(146,336 posts)I watch them sometimes, but I don't understand them at all.
Roland99
(53,342 posts)Roland99
(53,342 posts)MineralMan
(146,336 posts)malaise
(269,200 posts)Damn!
Squinch
(51,025 posts)Not going back in until things calm down, even if that means after the republican president is dethroned.
I want to retire soon. Can't afford to lose what I have and all I trust republicans to do is trash the economy.
MineralMan
(146,336 posts)And, if the Fed raises interest rates, watch for a serious correction.
Squinch
(51,025 posts)got out is that my blood pressure doesn't need their shenanigans.
malaise
(269,200 posts)Damn!
Squinch
(51,025 posts)ONE guy said, "Well, deficits going up a trillion MIGHT have something to do with SOME of it!"
MineralMan
(146,336 posts)That does not bode well for tomorrow.
Squinch
(51,025 posts)they can to say, "Nothing to see here."
One of just said, "Well it doesn't feel good... but it's kind of normal!"
ooky
(8,930 posts)Heading for another 1000 pt. drop?
Roland99
(53,342 posts)HipChick
(25,485 posts)Holy Fuck!