He got rolled bigly by Ronnie in '84, but Jimmah Carter said he considered Mondale “the best vice president in our country’s history.” He added: “Fritz Mondale provided us all with a model for public service and private behavior.”
In '84, Fritz was adamant about the need to -----> raise taxes.
Softball Bat wrote: ↑Fri Apr 23, 2021 11:16 am
Speaking of tax increases...
The markets took a dive yesterday on news that J. Biden hopes for a significant tax increase.
Question: If the government needs more funds can't they just print the money up?
If not, why not?
Print it up,
Done!
The dive was a knee-jerk reaction by a lot of ignorant investors. Biden's proposed tax increase would affect something like 0.3% of the most wealthy Americans. This has been expected for months and was already priced into the market. That's why you're seeing a rebound today. Intelligent investors with cash on the sideline are buying the dip.
My largest stock holding actually went up 2% by the end of the day yesterday, and is up another 4% this morning.
