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Discussion in 'The Mainboard' started by GoodForAnother, Nov 6, 2020.
Dem saying that about GOP....
Why is lent this child trafficking pedophile in jail?
yes. me, a well known dem shill
I’m a stupid fucker for even hoping but I want this bill passed very fucking much.
*Dems in congress, not you
they are also going to vote on BBB in september '21
Has manchin publicly said absolutely not to changing the filibuster for voting rights bills yet? I thought he was actually open to that idea
He’ll cave for this. Sinema continues to be the problem.
Besides being wrong that “this is how we’ve always done it” regarding the filibuster, there is nothing more moronic than an organization clinging to outdated and inefficient methods because “this is how we’ve always done it!”
You're describing/defining conservatism
Read a quote from Tim Kaine or someone who said Sinema was going along with it easier than manchin
the video is even better
Marshall is a physician too. Disgusting.
As soon as tomorrow, as late as never.
i'm sure Ossoff will have lots of votes
frustrating that this should have been on the day 1 agenda
Again, laugh and point at me, The Fool, as I am lead on by these wonderful flowery words that they will pass the FTVA.
But humor me: when is the latest that this bill could pass that would allow state election offices to comply for the midterms?
This will literally never pass. So fucking tired of empty hollow gestures and feckless leadership.
A year of doing nothing on it just so Manchin will keep inviting them to the yacht for mint juleps and singalongs.
But at least President Biden won't be mean to Joe Manchin!
The Fed Is Getting This Economy All Wrong
Policymakers at the Fed and in Congress continue to disregard the elephant in the room: the power of large corporations to raise prices.
January 10, 2022 by RobertReich.org
Friday's jobs report from the Department of Labor was a warning sign about the US economy. It should cause widespread concern about the Fed's plans to raise interest rates to control inflation. And it should cause policymakers to rethink ending government supports such as extended unemployment insurance and the child tax credit. These will soon be needed to keep millions of families afloat.
If corporations faced tough competition, they would not pass those wage increases on to customers in the form of higher prices. They'd absorb them and cut their profits.
Employers added only 199,000 jobs in December. That's the fewest new jobs added in any month last year. In November, employers added 249,000. The average for 2021 was 537,000 jobs per month. Note also that the December survey was done in mid-December, before the latest surge in the Omicron variant of Covid caused millions of people to stay home.
But the Fed is focused on the fact that average hourly wages climbed 4.7% over the year. Central bankers believe those wage increases have been pushing up prices. They also believe the US is nearing "full employment"—the maximum rate of employment possible without igniting even more inflation.
As a result, the Fed is about to prescribe the wrong medicine. It's going to raise interest rates to slow the economy—even though millions of former workers have yet to return to the job market and even though job growth is slowing sharply. Higher interest rates will cause more job losses. Slowing the economy will make it harder for workers to get real wage increases. And it will put millions of Americans at risk.
The Fed has it backwards. Wage increases have not caused prices to rise. Price increases have caused real wages (what wages can actually purchase) to fall. Prices are increasing at the rate of 6.8% annually but wages are growing only between 3-4%.
The most important cause of inflation is corporate power to raise prices.
Yes, supply bottlenecks have caused the costs of some components and materials to rise. But large corporations have been using these rising costs to justify increasing their own prices when there's no reason for them to do so.
Corporate profits are at a record high. If corporations faced tough competition, they would not pass those wage increases on to customers in the form of higher prices. They'd absorb them and cut their profits.
But they don't have to do this because most industries are now oligopolies composed of a handful of major producers that coordinate price increases.
Yes, employers have felt compelled to raise nominal wages to keep and attract workers. But that's only because employers cannot find and keep workers at the lower nominal wages they'd been offering. They would have no problem finding and retaining workers if they raised wages in real terms—that is, over the rate of inflation they themselves are creating.
Astonishingly, some lawmakers and economists continue to worry that the government is contributing to inflation by providing too much help to working people. A few, including some Democrats like Joe Manchin and Kyrsten Sinema, are unwilling to support Biden's Build Back Better package because they fear additional government spending will fuel inflation.
Here again, the reality is exactly the opposite. The economy is in imminent danger of slowing, as the December job numbers (collected before the Omicron surge) reveal.
Many Americans will soon need additional help since they can no longer count on extra unemployment benefits, stimulus payments or additional child tax credits. This is hardly the time to put on the fiscal brakes.
Policymakers at the Fed and in Congress continue to disregard the elephant in the room: the power of large corporations to raise prices. As a result, they're on the way to hurting the people who have been taking it on the chin for decades—average working people.
Was someone passing out stupid bitch juice today and I missed it or something?
Dude it’s Tom Friedman
Been avoiding this thread because Dems are worthless and I don't need that negative energy in my life anymore, so SIAP:
Joe clearly bothered by the activists snub w his speech..try to force a vote where Sinema becomes the villain(again)
Remember everyone business leaders were on board with Hitler taking over in Germany. These people will happily let someone gas you as long as that money keeps coming in
Just Mitt Romney saying he is not a fan of Democracy, because, gasp, things would change with each leadership change if the filibuster is eliminated
"Mitt is one of the good republicans" - Moron Liberals Everywhere.
Could be he is just an idiot
I still remember that time Mitt said he didn't give a shit about over 50% of the country and people still thought he was a good person.
I think most liberals are just cucks and enjoy that shit.
He's a grifter who wanted to keep his taxes low. That's all he's ever been
Wow, rare W for Ohio,
this type of bullshit along with the anti CRT stuff is ripe for protest. Line up a bunch of public officials in Texas willing to put their necks out just a little bit to take turns saying variations of 'vote by mail' in a press conference in front of the state capitol. dare them to arrest you.
not that the national Dems are going to do anything either way on voting rights, but the only sliver of a chance would be a public uproar over Texas(or another R ran state) officials enforcing something like this
any swift and decisive action on voter reform today
At no point was today tomorrow
A great poet once wrote that today is yesterday’s tomorrow.
Mitch said tomorrow. I would like to credit the majority leader for reaching across the aisle on such important legislation. I look forward to this tomorrow.
-Chuck Schumer probably
it literally was yesterday