Dow tumbles more than 700 points as inflation and tariff fears mount
...
...
Investors grew fearful that weak consumer sentiment could lead to a
pullback in Americans' shopping habits. Consumer spending makes up
more than two-thirds of the US economy.

Although there's no evidence that a recession is anywhere on the
horizon, economic data has weakened in recent months. Job growth has
fallen off over the course of the past year as employers wait to see
what the Trump administration's economic policy will bring -
particularly around tariffs, which could severely dent companies'
bottom lines. Housing continues to slow down: a National Association
of Realtors report Friday shows that sales of existing homes fell 4.9%
in January from the previous month, while prices shot up to a record
high for the month, exacerbating America's home affordability crisis.

https://www.cnn.com/2025/02/21/investing/stock-market-dow-jones/index.html

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On Fri, 21 Feb 2025 16:20:12 -0600, JAB <here@is.invalid> wrote:

Dow tumbles more than 700 points as inflation and tariff fears mount

Dow wipes out its gains since Trump's inauguration as 'stagflation'
fears return

U.S. stocks ended the week on an ugly note Friday, posting their worst
day of 2025 -- and a run of soft economic data was getting much of the
blame.

https://www.marketwatch.com/story/dow-wipes-out-its-gains-since-trumps-inauguration-as-stagflation-fears-return-71069621

"Stagflation is the combination of high inflation, stagnant economic
growth, and elevated unemployment."

Make America Great Again.....

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On Sat, 22 Feb 2025, JAB wrote:

On Fri, 21 Feb 2025 16:20:12 -0600, JAB <here@is.invalid> wrote:

Dow tumbles more than 700 points as inflation and tariff fears mount

Dow wipes out its gains since Trump's inauguration as 'stagflation'
fears return

U.S. stocks ended the week on an ugly note Friday, posting their worst
day of 2025 -- and a run of soft economic data was getting much of the
blame.

https://www.marketwatch.com/story/dow-wipes-out-its-gains-since-trumps-inauguration-as-stagflation-fears-return-71069621

"Stagflation is the combination of high inflation, stagnant economic
growth, and elevated unemployment."

Make America Great Again.....

It is early days yet... wait and see and the golden age will come! You
must have faith! =D

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On Sun, 23 Feb 2025 00:28:46 +0100, D <nospam@example.net> wrote:

"Stagflation is the combination of high inflation, stagnant economic
growth, and elevated unemployment."

Make America Great Again.....

It is early days yet... wait and see and the golden age will come!

Read carefully...WH is increasing unemployment

and elevated unemployment

The Employment Situation for February 2025 is scheduled to be released
on March 7, 2025, at 8:30 a.m. Eastern Time.

Real Earnings for February 2025 is scheduled to be released on March
12, 2025, at 8:30 A.M. Eastern Time.

https://www.bls.gov/ces/

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On Sat, 22 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 00:28:46 +0100, D <nospam@example.net> wrote:

"Stagflation is the combination of high inflation, stagnant economic
growth, and elevated unemployment."

Make America Great Again.....

It is early days yet... wait and see and the golden age will come!

Read carefully...WH is increasing unemployment

and elevated unemployment

The Employment Situation for February 2025 is scheduled to be released
on March 7, 2025, at 8:30 a.m. Eastern Time.

Real Earnings for February 2025 is scheduled to be released on March
12, 2025, at 8:30 A.M. Eastern Time.

https://www.bls.gov/ces/

It is early days yet... wait and see and the golden age will come!

No one ever said the road to freedom is straight as a highway. There will
be some turbulence on the way. People, through the magic of the market,
are being redployed to where they contribute more of value. This is
natural from time to time in a free market, when new innovations come into being.

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On Sun, 23 Feb 2025 11:24:12 +0100, D <nospam@example.net> wrote:

It is early days yet

Unemployment is increasing now due to

1. Firing of Government employees
2. Universities/Businesses freezing hiring
3. Businesses discharging employees

Putting more money (tax cuts) into businesses and high end earners
does not stimulate the economy...it's called Reaganomics (Voodoo
Economics).

https://www.investopedia.com/terms/v/voodooeconomics.asp

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On Sun, 23 Feb 2025 11:24:12 +0100, D <nospam@example.net> wrote:

when new innovations come into being.

Tech bros grab for a new marketplace....where taxpayers get ripped
off, year after year.

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On Sun, 23 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 11:24:12 +0100, D <nospam@example.net> wrote:

It is early days yet

Unemployment is increasing now due to

1. Firing of Government employees
2. Universities/Businesses freezing hiring
3. Businesses discharging employees

Putting more money (tax cuts) into businesses and high end earners
does not stimulate the economy...it's called Reaganomics (Voodoo
Economics).

https://www.investopedia.com/terms/v/voodooeconomics.asp

Of course it does. Trickle down economics will take care of that. It is a scientific fact.

The same goes for companies. They want to do more business and grow their revenue, tax cuts will make sure that happens. Dividends will go up,
making everyone wealthier.

The only thing that is needed is a bit of time, since it does not happen
over night.

Read Johan Norbergs the capitalist manifesto, it will explain the truth
for you!

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On Sun, 23 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 11:24:12 +0100, D <nospam@example.net> wrote:

when new innovations come into being.

Tech bros grab for a new marketplace....where taxpayers get ripped
off, year after year.

Incorrect statement. The one has nothign to do with the other. New markets
are good! Increases wealth, creates jobs, and sadly, increases tax
revenues. Everyone wins!

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On Sun, 23 Feb 2025 22:30:13 +0100, D <nospam@example.net> wrote:

Tech bros grab for a new marketplace....where taxpayers get ripped
off, year after year.

Incorrect statement.

Let's see, we use to buy a program years ago and use it...now many
programs are yearly/monthly "subscription based."

I can understand a yearly charge for a tax based program, which
requires updated information, but not for a word processing program.

--- SoupGate-Win32 v1.05
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On Sun, 23 Feb 2025 22:29:14 +0100, D <nospam@example.net> wrote:

Trickle down economics

London School of Economics and Political Science

Tax cuts for the wealthy only benefit the rich: debunking trickle-down economics

History suggests that policies relying on "trickle-down economics" are
destined to fail, and yet the idea, for some, still persists.

https://www.lse.ac.uk/research/research-for-the-world/economics/tax-cuts-for-the-wealthy-only-benefit-the-rich-debunking-trickle-down-economics

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On Sun, 23 Feb 2025 22:29:14 +0100, D <nospam@example.net> wrote:

tax cuts

The effective federal corporate income tax rate[US]:

1950: 50%
1960: 37%
1970: 32%
1980: 20%
1990: 25%
2000: 20%
2010: 15%
2020: 13%

It's time corporations pay their fair share.

https://x.com/RBReich/status/1431271031650627586

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On Sun, 23 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 22:30:13 +0100, D <nospam@example.net> wrote:

Tech bros grab for a new marketplace....where taxpayers get ripped
off, year after year.

Incorrect statement.

Let's see, we use to buy a program years ago and use it...now many
programs are yearly/monthly "subscription based."

I can understand a yearly charge for a tax based program, which
requires updated information, but not for a word processing program.

It's because you have not educated yourselves about what's out there. 1.
You can use libreoffice.org. I've been running my company on it for years.
2. Microsoft still sells regular office, you just have to ask for it. 3.
Plenty of other free and commercial office suits out there. Only a google
away.

I pay no monthly fee for any software. Thank you capitalism and a well
informed consumer! ;)

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On Sun, 23 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 22:29:14 +0100, D <nospam@example.net> wrote:

Trickle down economics

London School of Economics and Political Science

Tax cuts for the wealthy only benefit the rich: debunking trickle-down economics

History suggests that policies relying on "trickle-down economics" are destined to fail, and yet the idea, for some, still persists.

https://www.lse.ac.uk/research/research-for-the-world/economics/tax-cuts-for-the-wealthy-only-benefit-the-rich-debunking-trickle-down-economics

Incorrect. It has been proven, or else wealth from capitalism would not
have procued the healthiest and most well off civilization on history. If tricke down did not exist, that wealth would now be concentrated in a few trillionaires. I cannot believe people who cannot see that trickle down
works, and has always worked as long as capitalism has existed.

The mistake you all do, is to look at too short time. Zoom out and look at decades or 100s of years, and you'll see the trickle down.

Another proof... do you live at a materially higher standard than your great-granparents at your age?

Why? Trickle down.

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On Sun, 23 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 22:29:14 +0100, D <nospam@example.net> wrote:

tax cuts

The effective federal corporate income tax rate[US]:

1950: 50%
1960: 37%
1970: 32%
1980: 20%
1990: 25%
2000: 20%
2010: 15%
2020: 13%

It's time corporations pay their fair share.

https://x.com/RBReich/status/1431271031650627586

They pay more than their fair share. Also add to that all income taxes
that come from corporate profits. You can add all VAT, fees, and purchases
of services as well. When you do that you'll see that corporations are
milked til they cannot exist, and so is the income tax payer. Trump will rectify, Trump will win! =D

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