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> Juicing an already hot economy with tax cuts and low interest rates is just stupid, The economy isn't "hot" (obvious attempt to negate positive facts), it's
by lazyjones 7y ago
> Juicing an already hot economy with tax cuts and low interest rates is just stupid,
The economy isn't "hot" (obvious attempt to negate positive facts), it's healthy. "Juicing" it is improving it further and making the population wealthier. There's nothing negative about that.
- seanmcdirmid 7y agoIf tax cuts and low interest rates led to more real investment and value creation, you would be right. Unfortunately, they are primarily going into real estate and the stock market ATM either directly or indirectly via speculative investments. There isn’t much real growth out there, and everyone is waiting for the inevitable downturn in the cycle anyways so they are playing to safe.