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Thread: Economics Thread

  1. #3981
    if my thought dreams could be seen goldfly's Avatar
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    Quote Originally Posted by Garmel View Post
    The clown who thinks this economy is good is accusing me of being a cult member. lol
    I'm not even accusing you of being in a cult

    you're in a cult

    but your reply (that I quoted) doesn't say what you said and it doesn't disagree with what I actually said
    "For there is always light, if only we are brave enough to see it. If only we are brave enough to be it." Amanda Gorman

    "When Fascism comes to America, it will be wrapped in the flag and carrying a cross"

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    Quote Originally Posted by goldfly View Post
    I'm not even accusing you of being in a cult

    you're in a cult

    but your reply (that I quoted) doesn't say what you said and it doesn't disagree with what I actually said
    Yeah, just because i mocked Colbert with his ridiculous TDS statements I'm now in a cult.

    You really do have **** for brains.

  3. #3983
    Waiting for Free Agency acesfull86's Avatar
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    Quote Originally Posted by goldfly View Post
    just a reminder, there's almost nothing happening right now that republicans wouldn't be celebrating as economic victories if they were fully in charge


    the wing of the left that thinks you have to be full blown communism holds back democrats so much on celebrating the same **** "pro business republicans" would be praising 24/7
    Frankly, this isn’t wrong

    See: tariffs

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    It's OVER 5,000! cajunrevenge's Avatar
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    Thats something I would actually give credit to Trump for. He is good at marketing and censoring his own party so they only say good things about him and his results. Any dared to criticize anything and he started a blood feud over it and his supporters treated them like they were a RINO no matter what their voting record was. Say what you will about that strategy but it worked.
    "Donald Trump will serve a second term as president of the United States.

    It’s over."


    Little Thethe Nov 19, 2020.

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    It's OVER 5,000! Tapate50's Avatar
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    I don't agree.

    It blew apart some of the few partnerships he should have created.
    Ivermectin Man

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    Waiting for Free Agency acesfull86's Avatar
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    https://www.wsj.com/articles/credit-...=hp_opin_pos_1

    The CFPB’s rule slashes the cap to $8 and eliminates the annual inflation adjustment. Yet as even the CFPB acknowledges, the lower penalty may cause more borrowers to pay late, and as a result incur higher “interest charges, penalty rates, credit reporting, and the loss of a grace period.” This would make it harder to qualify for an auto loan or mortgage.

    The agency concedes that credit-card issuers may also raise interest rates, reduce rewards, “increase minimum payment amounts or adjust credit limits to reduce credit risk associated with consumers who make late payments.” Because some states cap credit-card interest rates, “some consumers’ access to credit could fall.” Thanks, Mr. President.

    By the way, the rule comes as credit-card delinquencies have risen to the highest level in more than a decade. Issuers are tightening credit to reduce charge-offs. The rule could force more borrowers to turn to higher-cost credit such as payday loans. Businesses that contract with banks to offer credit cards will also take a hit. Late fees account for between 14% and 30% of department store credit-card revenue. They’ll have to offset the rule’s impact somehow, perhaps with higher prices.



    The Biden Administration is playing up its price controls as an election-year gambit, but it never explains the unseen effects down the road. The forgotten man always pays.


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    It's OVER 5,000! Tapate50's Avatar
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    Whatever you gotta do to not hold people accountable
    Ivermectin Man

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    It's OVER 5,000! 57Brave's Avatar
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    Ed Krassenstein

    @EdKrassen
    BREAKING:

    Senator Bernie Sanders calls for a four-day work week.

    His reasoning is that American workers are 400 times more productive than they were in the 1940s, and CEOs are making around 350 times more than their employees.

    Robotics and AI are going to take many jobs, while making the jobs that remain, even more efficient.

    Who reaps the rewards of that progress? Right now it’s the large corporations and CEOs. Sanders argues that some of that benefit should be passed down to the workers in the form of 4-day work weeks.

    What do you think?
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

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    Oh look… Bernie is working on another bill that has zero chance of passing. His streak continues. Very impressive

  11. #3991
    It's OVER 5,000! 57Brave's Avatar
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    this isn't about Bernie but the notion of a 4 day work week.
    It's advantages and disadvantages

    "Average minds discuss events
    Great minds discuss ideas
    Small minds discuss people"
    - E Roosevelt
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

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    Waiting for Free Agency acesfull86's Avatar
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    Easy …let the market figure it out …not a place for Congress to mettle.

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    It's OVER 5,000! 57Brave's Avatar
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    What a ridiculous notion, let the markets figure it out!
    The markets had their way, children would be in coal mines at 12 or younger.

    You couldn't buy a step ladder without wondering whether you'd fall or not
    and the warranty on that $70 PU truck wouldn't be worth the paper it is written on

    Are you so naive to believe the markets are an honest arbiter of public policy ?
    What a sophomoric notion.
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

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    It's OVER 5,000! Tapate50's Avatar
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    The most easily duped poster on this board calling someone sophomoric.

    Amazing lack of self awareness
    Ivermectin Man

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    It's OVER 5,000! 57Brave's Avatar
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    I actually called the notion sophomoric

    twice in fact
    The best way to stop a bad guy with a gun is to make sure he doesn’t get a gun.

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    Waiting for Free Agency acesfull86's Avatar
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    Quote Originally Posted by Tapate50 View Post
    The most easily duped poster on this board calling someone sophomoric.

    Amazing lack of self awareness
    The gentleman who just posted a meme comparing MAGA and the Taliban calling my notions sophomoric is a compliment

  17. The Following 2 Users Say Thank You to acesfull86 For This Useful Post:

    Garmel (03-15-2024), Tapate50 (03-15-2024)

  18. #3997
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    Quote Originally Posted by acesfull86 View Post
    The gentleman who just posted a meme comparing MAGA and the Taliban calling my notions sophomoric is a compliment
    Zero self awareness
    Ivermectin Man

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    It's OVER 5,000! 57Brave's Avatar
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    " Great minds ...
    Average minds ... ""

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    Yeah that’s the quote to hang your hat on.

    He was probably talking about you the whole time.

    Must be tough being so humble
    Last edited by Tapate50; 03-15-2024 at 07:58 AM.
    Ivermectin Man

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    Quote Originally Posted by 57Brave View Post
    What a ridiculous notion, let the markets figure it out!
    The markets had their way, children would be in coal mines at 12 or younger.

    You couldn't buy a step ladder without wondering whether you'd fall or not
    and the warranty on that $70 PU truck wouldn't be worth the paper it is written on

    Are you so naive to believe the markets are an honest arbiter of public policy ?
    What a sophomoric notion.
    False equivalences abound. A 4 day vs 5 day workweek is comparable to children working in coal mines? I don’t think so.

    A more apt comparison might be remote/hybrid/in person work. Today, the breakdown is something like 50% hybrid, 25% remote, 25% fully onsite. 5-10 years ago, those numbers were vastly different. Yes COVID accelerated trends that were slowly evolving, but no act of Congress was/is required to drive change. Companies and employees will continue to figure out the best working arrangements for their individual situations. They can do the same for a 4 day vs 5 day work week.

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