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Discussion in 'The Mainboard' started by GoodForAnother, Nov 6, 2020.
While pocketing millions and getting massive tax breaks
donde esta la biblioteca
They didn’t like the crt and the scary fists in the air I suppose
And they blame Joe for gas prices and inflation. I’m surrounded by dolts who went Trump 16, Biden 20 and now are saying dumb shit like “I can live with mean tweets at 3.09 a gallon.”
fuck this world
Are these true switches from D to R or are they just “Libertarians” coming out of hiding
“I just wish he didn’t tweet so much”
Pastor Jeffress supports him, and that's good enough for me.
That’s a sprayer. Not a tractor. And it’s a Deere, not an International. Fucking people
Goth farmer gf
don’t think it is smart for her wife/gf to constantly go to media to shit on the Biden admin
Why do you think they’re doing this? Overreaction like everything else?
What am I missing? Why does this belong itt? Originally I thought spliff posted in the wrong thread.
i, as a left wing shit poster luminary, understand this completely, but just a heads up you may want to expound upon it for others who do not posses my economic prowess.
they are trying to raise rates so people stop spending, which lowers demand and thus lowers costs (stops "inflation")
the issue is that spending is not the issue, it's that the costs of things went up regardless (due to product shortages, labor reduction, companies wanting more profits, etc)
so in theory, this *could be* doubly bad
Tl;dr government spending is decreasing while taxes are (effectively) going up which slows the economy down. Fed raising interest rates also slows the economy down. Doing both together can slow it too much while driving inflation higher due to reduced investment. End result? Stagflation.
Demand is just a small part of the current inflation equation. The interest rate does nothing to address supply. In many ways makes it worse. We have a housing crunch, causing rent and mortgage to soar. High interest rates makes it more expensive to build. More expensive for companies to expand capacity and supply.
Biden is bragging about the deficit decreasing, which puts us into austerity measures. We are going to crash hard, and have little options for those who will need it.
We're going to crash hard. And instead of spending like we should (and still should be), we will fear monger about how the stimmy's were 100% responsible for inflation and wont do it.
And then do tax cuts for the rich to create jobs.
I used to think the US was a blend of mostly European cultures with South American elements. We are like 80% South America without the ability to elect socialist leaders at this point.
Unlike the rest of South and Central America, the US government overthrows our socialist leaders before the election.
Basically the gov is slowing down growth by cutting the stimulus payments and stopping tax breaks which will lower GDP. The fed is also aggressively raising rates which will slow GDP. Real reason for inflation is global supply side so neither of things will stop inflation but they will drive us quickly into recession.
I don’t follow closely and even if I did, I doubt I’d understand - but has the Fed ever done a good job during these precarious situations? Seems like they generally do more harm than good
good for whom?
Really doing a good job of trying to motivate people to vote guys.
Thank goodness the filibuster is safe.
Filibuster > women.
Please donate now texts were drafted after Barrett was confirmed.
wall street's investment in the oil&gas industry x the wallstreet covid bailout is the big driver of inflation correct?
On top of overturning the existing 50 year precedent, the anti-science aspect of it is especially scary. Just a bunch of hick state legislators decided that women never need abortions. Simple as that.
Taking away ppls ability to use a civil rights law to sue police who shit on their Miranda right (so to speak), after a buncha cops just let kids die in a classroom. Helluva time to keep insulating law enforcement from accountability.
What if they prayed to Mecca?
Lmao if the scotus doesn't pen an opinion like "ehhh but really the US tradition (which is VERY IMPORTANT) centers on Christian stuff so everyone else can get fucked"
That can't be real. He sounds like an absolute fucking moron. I was assured he was one of the greatest minds of a generation.
He name dropped Jack Bauer from 24 in some ends-justify-the-means rulings too lmao
American institutions are not sending their best and brightest. Mostly their bad guys, their rapers and drug guys.
What's so funny is how hurt they seem when the public collects enough awareness to say "wait these people are hacks/morons"