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mythology

(9,527 posts)
6. And because the stock market is primarily short term
Wed Nov 29, 2017, 08:44 AM
Nov 2017

These stupid tax cuts will boost corporate profits in the short term. Unfortunately they will continue our long slide into a have and have not society which will cause corporate profits to drop long term when people can't afford to buy (or borrow money to buy) more stuff.

It's the same greed that brought us Enron and the banking crisis of the 1980s in addition to those you mentioned.

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