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quade

Fiscal Cliff New Years

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>Well, one thing we learned is that the prospect of returning to the Clinton tax rates
>is so terrifying that the entire country (and much of the world) has been gripped in
>fear of impending deep recession . . .
And another thing that we learned is that the stock market rebounds and the fear of recession evaporates when you increase taxes on the very rich . . .



Kinda hard to argue with the numbers; money up, fear down.
quade -
The World's Most Boring Skydiver

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>Well, one thing we learned is that the prospect of returning to the Clinton tax rates
>is so terrifying that the entire country (and much of the world) has been gripped in
>fear of impending deep recession . . .
And another thing that we learned is that the stock market rebounds and the fear of recession evaporates when you increase taxes on the very rich . . .



Kinda hard to argue with the numbers; money up, fear down.



Can't disagree here. I was "for" extending the Bush rates. Only minor differences in this (unsigned) bill. These differences will have their negative effects, but not as bad as going back to the old rates. But you do realize that the stock markets no longer reflect earnings and company health ...only pure speculation and knee-jerk reactions to silly stuff like this.

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And another thing that we learned is that the stock market rebounds and the fear of recession evaporates when you increase taxes on the very rich . . .


When and where did we learn that?



Do you know what VIX is?
quade -
The World's Most Boring Skydiver

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>Maybe....just maybe, the markets are reacting to inflation expectations.

Of course they are; increased consumer confidence, higher earnings expectations by business owners etc. Exuberance (and terror) cause the market to react, driven by people's fears and hopes.

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And another thing that we learned is that the stock market rebounds and the fear of recession evaporates when you increase taxes on the very rich . . .


When and where did we learn that?



Do you know what VIX is?



I do....You think that maybe the VIX is down because there is a deal?

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I fully support a tax to protect children, as I have written previously. Not my fault if you can't read.



Cool

let it be known that kallend supports armed protection of all school children



That is not what I wrote.
...

The only sure way to survive a canopy collision is not to have one.

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