My income has nearly tripled, so obviously I'm better off. America, hard to say. Depends on who you ask.Is America?
Care to profile those same numbers v. 4 and 8 years ago?6 consecutive quarters of declining profits in the S&P500.
Care to profile the last 8 years' results vs results of other comparably steep recessions historically? It's dog shit, while doubling the debt.Care to profile those same numbers v. 4 and 8 years ago?
That is a pretty quick back track...Yeah, David --- it's called stock share repurchases.
No, no back track at all. I'm going to do you the service of assuming you know the difference between profits and earnings PER SHARE.That is a pretty quick back track...
There's that white guilt.The former is better than I deserve
What you just described was a Monetarist economic recovery strategy. Friedman not Keynes.We are giving away capital to anyone who wants it via basically 0% fed rates, and have been for the past 8 years, yet we get 1% GDP (which is basically accounted for in population and immigration growth). If this isn't proof that the Keynesian economic recovery strategy failed to work, then I don't know what is.
Justin