123Tom's TA study group

[jsc52033]

my reasoning rising interest rates low unemployment so wages go up cost to consumers go up fuel cost up transportation cost up more cost increases on bottom line. here come a time when earnings peak but economy continues to roll as firms operate at marginal revenue at marginal returns.
In the past often major markets drop under republicans as the creat a strong economy but earnings don't always follw as cost go up and they can't pass those on so operate closer to break even. Middle class bennifits as do labor whch should then be voting for republicans.