[rkelly110]

Originally posted on 12/12/2017:

So we lower our rate, they will lower their rate. Race to bottom. Is this what you want?

There was no need to move production overseas in the first place. We had the capital, we had the know how & the infrastructure. The greedy corps sold us out & it will bite them in the ass one day. They just gave it all away for China's cheap labor. One day China is going to say. Thanks we don't need you anymore, your country is to poor to buy the goods we make. Get the fuk out.

This does not explain how the stock market is part of the economy. Nor does it make wages go up. Recessions happen because a bubble breaks like the 08 housing market. Now there's a way the stock market affects the economy.

The boy has breathed too much weld smoke.