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Second Quarter GDP growth slows to 2.1%

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posted on Jul, 27 2019 @ 06:09 PM
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a reply to: Duderino

Dragged down by trade tensions!??!?! That's pure BS. Fiat money has too many hidden taxes with inflation. Wages are fixed using data analytics. This economy sucks by design.




posted on Jul, 27 2019 @ 06:17 PM
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The housing crash was Clinton policies that eventually blew up. Lowering the requirements for home buying was a horrible idea long term. Short term great for votes. It was not Obama's fault or Bush.



posted on Jul, 29 2019 @ 10:28 AM
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originally posted by: Stupidsecrets
The housing crash was Clinton policies that eventually blew up. Lowering the requirements for home buying was a horrible idea long term. Short term great for votes. It was not Obama's fault or Bush.


Truth, but Obama was for that policy. I remember numerous speeches of his where he talked about easing the requirements to own a home because of some flowery rhetoric about how the American dream shouldn't just be for the 1%. Maybe not, but the American dream doesn't necessarily include owning a home. For a lot of people, renting is a far more financially stable option. Pushing people to own a home who aren't financially ready for it is setting them up for failure. But hey, whatever gets the votes right? And then when they're going bankrupt you get their vote again next go-round by promising some government assistance.

It's a circle of government dependency. From the party that supposedly is so caring and concerned about the working class.
edit on 29 7 19 by face23785 because: (no reason given)



posted on Jul, 29 2019 @ 10:39 AM
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originally posted by: Stupidsecrets
The housing crash was Clinton policies that eventually blew up.


The act that repealed Glass-Stegall, and can be traced to the beginning of co-mingling of bank funds once kept separate, then helped enable credit default swaps along with other risky investments, was authored by a Republican Congress before it was signed by Clinton.

History is pretty clear that both parties eat at the same trough.






edit on 29-7-2019 by AugustusMasonicus because: network dude has no beer because Heels took it




 
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