Comment on Fox Business Ecstatic Because Wall Street Loves Government Spending: 'Investors Love It!'

John Amato, Crooks and Liars
Wed, 12/02/2020 - 5:07am

Fox Business Ecstatic Because Wall Street Loves Government Spending: 'Investors Love It!'

Right wing politicians, pundits, and most stock market analysts always attack any form of government spending or stimulus to help Americans because their main focus is always about federal debt reduction. They claim tax cuts are the fountain of youth and are the only elixir to help struggling economies no matter what the circumstances are. Fox Business' Stuart Varney opened up his program today as the stock market jumped over 300 points because of the news that government and pandemic stimulus might be on the way. "The odds of something passing just went up," he said. "Investors love it!," Varney exclaimed. He continued, "Trillions from Washington.

 

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