Funny; the Trump political class thinks government-set interest rates need to be lowered to continue this great economy. They don't realize that the act of lowering interest rates is NOT the sign of a strong economy; its the sign of a WEAK economy!
I’m seeing a two tiered economy here. Out to dinner the other night (and every other time we go out) and the place was packed but it was all mid 70 year olds. I was the youngest in the place at 41. At what point does the strong economy narrative cease, even to the boomers who are the only ones I see out spending money? Surely they can’t paper over the effects of this for long?
Funny; the Trump political class thinks government-set interest rates need to be lowered to continue this great economy. They don't realize that the act of lowering interest rates is NOT the sign of a strong economy; its the sign of a WEAK economy!
What a bunch of dumbassery!
Lau,
I’m seeing a two tiered economy here. Out to dinner the other night (and every other time we go out) and the place was packed but it was all mid 70 year olds. I was the youngest in the place at 41. At what point does the strong economy narrative cease, even to the boomers who are the only ones I see out spending money? Surely they can’t paper over the effects of this for long?