General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDJIA at 17,408.36, all time high ?
http://money.cnn.com/data/markets/dow/I'm just wondering when the bear market/crash starts.
elleng
(131,126 posts)steve2470
(37,457 posts)and the commentary from the finance pundits.
elleng
(131,126 posts)would make the connection > Dems GOOD for business, Repugs BAD for business.
steve2470
(37,457 posts)The economy is arguably better than Jan. 20, 2009. No honest Republican can deny that. We also had a prolonged boom under Clinton.
Democrats ARE good for business, that's a fact.
elleng
(131,126 posts)but real problems exist with the way businesses avoid paying taxes and their employees, hence justified grievances among many.
If only really smart businesses recognized the benefits of enhancing economic well-being of the MANY, the economy would be GANGBUSTERS, with no room for repugs.
steve2470
(37,457 posts)Paying employees well and paying your taxes fairly is GOOD for the economy, no question.
you said honest and Republican in a sentence. Hard to do but extra points for you for making me laugh.
steve2470
(37,457 posts)SheilaT
(23,156 posts)and has not had as much as a ten percent correction in over a thousand days, according to my (very Republican) financial guy. But I am not seeing anything about this level being a bubble. Plus, the economy actually is relatively strong, although since wages haven't kept pace it's a bit harder to tell.
A few weeks ago some people (maybe not here but on another board I frequent) were freaking out over a 1% drop in the Dow, mis-characterizing it as a 10% drop.
KamaAina
(78,249 posts)Initech
(100,104 posts)I seriously wish that we'd quit focusing on the billionaires and Wall Street, and start focusing on the real problem that is income inequality.