re: #264 Targetpractice

It’s the usual economic cycle with our political system: A Democrat got us on a steady if unexciting economic recovery, to which Republicans declared “That’s just not enough! We can do better!” and dumped rocket fuel (tax cuts & deregulation) on it. So the economic recovery was boosted for a shorter period, but the growth that was once sustainable is now overheating the economy. I would not be surprised if we’re in correction territory in the NYSE before New Years.

And by 2020, we’ll be told that Donny deserves a “second chance” to get the economy ticking at 4% annually like he promised, he just didn’t expect Democrats to so badly foul up the economy.

The weird thing is, the rocket fuel didn’t seem to really do anything. I think it’s all the fucked up trade nonsense that has really hurt us. That and the fact that you can only run so long at capacity, at least if you’re not seeing any sort of real wage growth.