(10-07-2020 10:31 AM)BobcatEngineer Wrote:  

(10-07-2020 10:15 AM)fsquid Wrote:  markets will be fine with a Biden presidency as long as the Senate stays with the GOP. If it flips and Biden wins, oooo boy.

Maybe.... Maybe not....

Quote:Based on the economic proposals of both President Trump and Biden, “the economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda,” said Moody’s Analytics chief economist Mark Zandi.

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“Even allowing for some variability in the accuracy of the economic modeling and underlying assumptions that drive our analysis, we conclude that Biden’s economic proposals would result in a stronger U.S. economy than Trump’s,” Moody’s concluded.

Forbes

Isn't Biden proposing to eliminate the corp tax cut? If so, that's enough for me to think that Moody's dude is off his rocker. At least when it comes to the market. Not saying what the markets will do. Lots of folks predicted a market collapse if Trump won in 2016 and we all saw how that turned out.

(10-07-2020 10:31 AM)BobcatEngineer Wrote:  

(10-07-2020 10:15 AM)fsquid Wrote:  markets will be fine with a Biden presidency as long as the Senate stays with the GOP. If it flips and Biden wins, oooo boy.

Maybe.... Maybe not....

Quote:Based on the economic proposals of both President Trump and Biden, “the economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda,” said Moody’s Analytics chief economist Mark Zandi.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
“Even allowing for some variability in the accuracy of the economic modeling and underlying assumptions that drive our analysis, we conclude that Biden’s economic proposals would result in a stronger U.S. economy than Trump’s,” Moody’s concluded.

Forbes

https://twitter.com/GlennKesslerWP/statu...9224378368

DOUBLE WHAMMY

(10-07-2020 10:31 AM)BobcatEngineer Wrote:  

(10-07-2020 10:15 AM)fsquid Wrote:  markets will be fine with a Biden presidency as long as the Senate stays with the GOP. If it flips and Biden wins, oooo boy.

Maybe.... Maybe not....

Quote:Based on the economic proposals of both President Trump and Biden, “the economic outlook is strongest under the scenario in which Biden and the Democrats sweep Congress and fully adopt their economic agenda,” said Moody’s Analytics chief economist Mark Zandi.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
“Even allowing for some variability in the accuracy of the economic modeling and underlying assumptions that drive our analysis, we conclude that Biden’s economic proposals would result in a stronger U.S. economy than Trump’s,” Moody’s concluded.

Forbes

I really do not share that view.

Lets remember, the money to the states are mainly to bail out our first responders and the hospitals. The states wound up spending money to get protective gear for the doctors, nurses and employees at the hospitals, and to get ventalators. This pandemics is not cheap trying fight this.

(10-07-2020 11:12 AM)DavidSt Wrote:  Lets remember, the money to the states are mainly to bail out our first responders and the hospitals. The states wound up spending money to get protective gear for the doctors, nurses and employees at the hospitals, and to get ventalators. This pandemics is not cheap trying fight this.

Ummm the money was to go to places riots had destroyed and have refused to let the Feds come in and clean up.

Try again DaVeY.

(10-06-2020 03:02 PM)green Wrote:  

(10-06-2020 02:50 PM)BuffaloTN Wrote:  He's going to blow the election with this move. Stocks tank into November and he's going to get most of, if not all of the blame. Better walk it back.

then sell off ...

INTO THE CLOSE

https://twitter.com/cheddar/status/1313932618992320512

NO TANKS TO YOU

Anyone seen Gray Beard?

Wonder if he made his $$$'s back today?

(10-07-2020 11:12 AM)DavidSt Wrote:  Lets remember, the money to the states are mainly to bail out our first responders and the hospitals. The states wound up spending money to get protective gear for the doctors, nurses and employees at the hospitals, and to get ventalators. This pandemics is not cheap trying fight this.

All of those things have already been funded to a significant degree, either through the first stimulus, one-off actions related to COVID through the release of 'emergency' funds and the like, or through increased DRGs leading to increased reimbursements.....

Now of course there are still some providers, systems or situations where as a result of their specific payer mix or other situations, they are taking significant hits... and there are also situations where like any business, they have prioritized other things and have CHOSEN to buy less PPE than they should (they still have choices)

SO while I agree that these costs add up, I'm simply reminding that this isn't a stand-alone funding request. I'd also note that as we are already approaching the next flu season, some of these costs are already part of any budgeting forecast. Not considering these factors are how $100byn assistance bills become $500byn boondoggles and windfalls.

https://twitter.com/realDonaldTrump/stat...2733847552

BIG MO

https://twitter.com/WSJ/status/1314599617477128194

ON THE TABLE

(10-07-2020 11:12 AM)DavidSt Wrote:  Lets remember, the money to the states are mainly to bail out our first responders and the hospitals. The states wound up spending money to get protective gear for the doctors, nurses and employees at the hospitals, and to get ventalators. This pandemics is not cheap trying fight this.

Do you have some proof to that claim? We have an overabundance of ventilators so really, we need to buy more?

Wasn't the PPE David talking about depleted during Biden's VP term?

(10-09-2020 11:37 AM)gdunn Wrote:  Wasn't the PPE David talking about depleted during Biden's VP term?

yes, and NY's small stockpile of ventilators was auctioned off a few years back.