it never hurts to look at da numbahs
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Republicans represent the smaller, fading segment, with less-educated, more-homogenous work forces reliant on traditional manufacturing, agriculture and resource extraction. Democrats represent the larger, growing one, fueled by finance, professional services and digital innovation in diverse urban areas.
https://images.dailykos.com/images/6...png?1542396465
https://www.dailykos.com/stories/201...-districts-lag
Average outlays 1969-2018 are 20.3%. That's where we came in FY 2018. Right at the average for the past 40 years. In spite of having a significantly higher proportion of the population over 65, which works to increase federal government outlays on medical care and social security.
Meanwhile revenues are below their average of 17.4% for the 1969-2018 period.
Where you pulling numbers? I'm seeing different numbers in many sources (not saying you're wrong just want to get on same page)
http://1.bp.blogspot.com/-cVK2jnDpiL...%25+of+GDP.png
Another graph to consider: the percentage of population 65 and over, which is a big driver of federal spending
https://fred.stlouisfed.org/series/SPPOP65UPTOZSUSA
Won't happen. Why do you hate old people?
https://www.youtube.com/watch?v=OGnE83A1Z4U
Nine out of every 10 Silicon Valley jobs pays less now than when Netflix first launched in 1997, despite one of the nation’s strongest economic booms and a historically low unemployment rate that outpaces the national average.
https://www.mercurynews.com/2018/11/...g-jobs-report/
https://www.readingeagle.com/money/a...7CssL8zVD2KNMc
General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
Not sure what that has to do with economics. That's a business making a decision on their future product line.
Telling you don't understand he economic implications of GM slashing 15% of their workforce
after spending the better part of last December touting the promise of tax cuts and a booming Trump economy.
Funny thing about Rosy Colored Glasses.
Not to mention, this is GM
Trump’s aluminum/steel tariffs cost GM a billion dollars.
I think ultimately a lack of demand is driving the cuts, but a $1B increase in costs is certainly going to accelerate cuts.