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2019-07-27 Home Front: Politix

Do You Understand that Democrats will Destroy America?

[American Thinker] I earn my living investing other people's money in the stock market. I am terrified contemplating how I am going to save my clients' money, as well as my own, if a Democrat is elected president. The policies that the Democrats are advocating will destroy the American economy, not just the stock market, but the whole US economy. My first instinct will be to raise cash ahead of the stock market crash, but even that is only a temporary safe harbor.

The Green New Deal, renewed regulations, Medicare for All, free college, as well as the 70-90% tax rates proposed by Democrats, will tank the stock market and US economic growth, leading to higher unemployment and reduced wage gains. All these programs require higher taxes and not just the soak the rich fantasy of the 70-90% rates. Most of the Democratic candidates have pledged to roll back the 2017 Republican tax cuts that fueled the renewal of economic growth in the US.

Open borders will flood the US with poverty stricken immigrants and their competition for jobs will depress wages. The social welfare needs of the immigrants will skyrocket government expenditures. So while taxes receipts are falling due to slower economic growth rates, expenditures will be rising, leading to increased government debt and consequently higher interest rates. If the Federal Reserve tries to keep interest rates low to prevent a deepening recession, then the increase in the money supply and the expanding deficit will eventually destroy the value of the dollar. So much for my safe harbor in cash.

Posted by Besoeker 2019-07-27 04:09|| || Front Page|| [8 views ] Top

#1 Do You Understand that ~~Democrats~~ Socialists will Destroy America?

FIFY. Well, yeah. For socialist, there can be only one. The whole 'Let's ignore the Electoral College' movement is about a one party system. They call you Nazis, you should call them at the least Socialist if you can not come to calling them Commies.

Posted by Procopius2k 2019-07-27 06:40|| 2019-07-27 06:40|| Front Page Top

#2 Do You Understand that ~~Democrats~~ Socialists ~~will~~ want to Destroy America?

FIFY P2k

Posted by AlanC 2019-07-27 09:17|| 2019-07-27 09:17|| Front Page Top

#3 Been saying this for years. They are not the loyal opposition. They are not well meaning people with whom we have a good faith disagreement. They are the enemy.

Posted by Iblis 2019-07-27 09:42|| 2019-07-27 09:42|| Front Page Top

#4 Of course. It's easier to rule a police state hell-hole of misery, disease, ignorance, crime and corruption than a republic of enlightened individuals with clearly demarcated rights and directives, meaningful education, skilled work-force and a prosperous economy.

The Democrats have always gone for the easier, more convenient way to do anything. Carpet bomb a desert slum to show someone in a palace in Riyadh who's boss, kill off a president to replace him with a stooge, appease your rabble with representation, power and sops, let vile, heinous criminals have their way as long as they fund you.

Hell, do away with elections because... keeping up the patriotic posturing and 'benevolent leader' act is so goddamn tiresome. The old ones not Yog Sothoth and friends, but close, like Clinton and Biden have completely lost patience and want to go straight to banana republic. While the new ones are the American equivalent of the jihadi also a democrat construct, arming desert sasquatches began under Carter . Weapons of unbridled destruction created to increase one's reach and presence, now shrugging off their blue dog leashes.

Posted by Dron66046 2019-07-27 17:58|| 2019-07-27 17:58|| Front Page Top

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