Haven't you left for australia yet with Mike?
Why are both of you still in the country and when can we expect the depature. :)
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Haven't you left for australia yet with Mike?
Why are both of you still in the country and when can we expect the depature. :)
Which means higher living standards for the people.
Something everyone should aim for esp. when other countries are.
US data shows that the colour of the government has little effect on the share market but it does tend to perform better under Democrat Presidents (left of centre) with a split congress
https://www.cnbc.com/2020/11/03/are-...ck-market.html
100% is a good track record for further gains though which some suggested we were flatlining which isn't the case.
S&P 500 in '16: 2100
S&P 500 in '20: 4200
Which is also a doubling so we have seen similar gains to the United States.
Achieved without tax cuts or share repurchases. :)
We have a Revenue tax of 15% on most NZ business, excluding exporters, which has more of an impact than another form of income tax.
I welcome an expanded Fed mandate in the US though others have raised concerns.
https://www.cnbc.com/2021/05/27/the-...e-nervous.html
They should spend money directly in my view and stop the political element getting in the way of maintaining their 2% inflation target.
The median voter isn't a great source of wisdom on these issues. Maybe the Federal reserve has better ideas than spending on defence, which makes up half of the discretionary budget.
It's already a digital dollar in a way - just have to remove cash.
The preserve of criminals and tax avoiding tradies ^^