patrick.net

Logan is like the proverbial guy with a hammer.

Strategist says

OK. If you were President, how would you get the economy going?

The best way is shrink government fucking period. Think Calvin Coolidge.

indigenous says

Strategist says

OK. If you were President, how would you get the economy going?

The best way is shrink government fucking period. Think Calvin Coolidge.

You like what's on in Kansas?

Strategist says

OK. If you were President, how would you get the economy going?

1) I would work with the fed to send helicopter money to taxpayers.
No tax rebate or tax cut. No government debt. No private debt. No mortgage. Just the same $300 checks to everyone every month.
If and when this causes inflation, the feds would first raise rates to 5%, only then stop sending checks.

2) I would work to remove local barriers to building (zoning, building code, etc...), and make sure home building is not impeded in anyway. The only limits would be set by centralized development councils responsible for city growth and imposing building where it is needed. This would result in decreased housing prices that would free a colossal amount of spending power.

3) I would work to enforce strictly immigration laws and aggressively enforce trade standards with other nations. No exception no special pass. Lower external competition.

4) I would seek to reinforce competition on a number of areas within the US. At least 3 companies should compete for every market. No merger/buyout would be allowed in an industry outside this situation. Hospitals would be forced to publish prices on all standard procedures, and then forced to respect these prices (including all associated care) for every customers. I would also force them to publish a number of measures on quality of care such as infection rate. Universities would be forced to publish prices for all diplomas (including all associated costs) and forced to provide the same prices to everyone. Again I would force them to publish statistics by diploma such as how many graduate find jobs etc...

5) I would impose that any multinational be taxed in the US for their profits in proportion of their sales in the US. I would arrange with other G8 nations to agree on the same scheme. No exception.

6) I would enforce no attempt is made to "save" money by delaying infrastructure maintenance. I would invest on a long term infrastructure program guarantying roads, bridges, electric grid, gas, water management etc... are top notch in the US.

7) gross incomes above $1,000,000 would be taxed 50% regardless of origin.

Actually it was the loose money policies as an aftermath of WW1

Isn't she pretty

Ignore the line break out though

On another note

Revisions show 2015 was best year for GDP growth since 2006 ( 2.6%) GDP

2015 Prediction:

"In general, I predict the economy will grow at least 2.5 -2.6% in 2015, an improvement over 2014 levels. Look for job creation numbers to be between 210K – 225K with some improvement in the wage growth."

Missed the jobs number by 1K I believe ;-)

If you guys want a red flag, keep an eye out on unit labor cost

Drawdown in CPI / Unit Labor Cost: almost 6%, last seen... 1963.

and if the dollar gets stronger too

Whats next for the 10 year?

That little, sad rally was short lived. Now we're back towards 1.50% and falling.

Will mortgage rates go lower this year?

errc says

Will mortgage rates go lower this year?

Look at that 10 year at 1.60% as being the base

2012-2016

2 times we have broken down to 1.30% level

Both times needed a European event

2012 Spain default fear trade

2016 Breixt ( Over Drama event of the cycle)

3rd lower high now in place ... wedge is getting tighter and tighter

It's going to take another event to break down below 1.31%

It is a National Travesty that we are giving away our debt at such cheap prices when obviously, we could fetch MUCH higher price