Page 18 - Wealth Effect News Today

Sure republicans embrace revenue neutral stuff and we started dissing the idea supply-side economics did not work and what was not a good idea for hard-working -- the hard-working american people of this country to say they dont deserve to get more of what they earned but corporations should? those corporations pay a lot of taxes, i really believe if they dont do anything else president trump made a promise to the people who entrusted him to the white house, get the lower tax rates right out of ...

But i think we have to be careful, because when you have corporations doing very well, why are they doing well? falling energy prices. a lot of pressure on wages. so they havent had to raise wages. and theme done quite a bit of financial engineering with very low interest rates from the fed. >> they havent been firing. >> the effect of that is the wealth effect in the stock market. so you have the stock market -- the corporations doing very well. stock market going up. and therefore lots of peop...

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Latest updates on this topic.

United states could be the prettiest horse in the glue factory but it is still a very sluggish economy and moving at a below par rate. consumers are the key. 70s percent of our economy they are. and if we did not see more savings where they have room to spend or we do not see incomes improving, they are just going to be tapped out that is a real no one. >> what about a catalyst for a shot in the arm for the economy, everyone is talking about the fiscal cliff that the bush tax cuts have to be ext...

$158,000 in the first three months of this year and with lending still high, that big by gangs that americans relied on for everything from cash to college or the quick get away, that has been taken away making this the first election in memory where the value of that piggy bank is less than it was not last presidential election. the political fallout in a moment. the financial fallout right now. and now, this is a bad fallout. what are we looking at buddy? >> well, very simple. i call it the we...

>> because they dont have to. i think everyones overanalyzing why a business is not hiring somebody, but most businesses in america are swimening cash today, compared toors before and have excess capacity. >> brenda: the bigger businesses are. >> bigger businesses, but not small businesses. >> i dont know if the governments going to magically create customers for the people or to make loans any more available than they already have through dozens of programs, incentives. >> and we saw that throu...

Is that theres a little bit slightly less pessimism about the economy, the numbers are still fairly bad, but they moved a little bit in terms of what they think the economy is going to look like in a year or so. and also theres an uptick in voter who is say theyre going to make their decision based on local factors. so another part of the democratic strategy here is to make this more and more about local races, local candidates, local issues and less about the national landscape. and the republi...