Economics Thread

My least progressive opinion is probably that the government does not owe it to us to age in comfort. Use Medicare funding toward retirement homes to allow for basic needs of seniors to be met and if they want more than that they can save for retirement or work.
 
The sad part is there are plenty of potential ways to land the plane, but to chop’s point, it’s politically expedient for both parties to champion the status quo and pretend the other party isn’t doing the exact same thing.
 
acesfull86 said:
The sad part is there are plenty of potential ways to land the plane, but to chop’s point, it’s politically expedient for both parties to champion the status quo and pretend the other party isn’t doing the exact same thing.
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The crazy thing to me is that the Dems should probably be the ones to put it to bed, but they don’t realize that. Want to get back the young vote? Stop taking from their paychecks to give it to a program that is giving to the people that they perceive as getting them into this mess. Want to win back some fiscally conservative folks that don’t actually care if trans people are around or other social issues? Pull the plug on a massive government program. Want to get rid of the talking points on fraud and waste in Social Security? Kill it all right now and call the bluff.
 
mqt said:
The crazy thing to me is that the Dems should probably be the ones to put it to bed, but they don’t realize that. Want to get back the young vote? Stop taking from their paychecks to give it to a program that is giving to the people that they perceive as getting them into this mess. Want to win back some fiscally conservative folks that don’t actually care if trans people are around or other social issues? Pull the plug on a massive government program. Want to get rid of the talking points on fraud and waste in Social Security? Kill it all right now and call the bluff.
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I don’t disagree. This is a program that takes from the relatively poor and gives to the relatively rich. If you want to win a battle in the class war, this front would be a hell of a lot more impactful than something like cancelling student loans.
 
No one wants to live in a society where grandma and grandpa are destitute and don’t have the capability to provide for themselves.

mqt is probably closest to the pin to what a politically palatable solution might look like.
 
I was on board with tariffs and losing service industry jobs until I saw that boutique Australian quilting patterns were impacted. Won’t someone think of the children? I hope the Erickson family is able to recover from this, and that the Australian business owner (who writes just like the customer service reps from Chinese sellers on Amazon) is okay.
 
Jaw said:
I was on board with tariffs and losing service industry jobs until I saw that boutique Australian quilting patterns were impacted. Won’t someone think of the children? I hope the Erickson family is able to recover from this, and that the Australian business owner (who writes just like the customer service reps from Chinese sellers on Amazon) is okay.
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We shouldn't be happy til everything costs more for everyone
 
sturg33 said:
We shouldn't be happy til everything costs more for everyone
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I freaking love sunflower seeds. I like to take a bag to Rome games and just fill one of their soda cups with the shells. If you told me the sunflower seed supply would be reduced for a while, I would be sad. If you told me it would be reduced because those seeds will be used to increase future crops, I would suck it up for a while for a better, more sunflower-seedy future.
 
Jaw said:
I freaking love sunflower seeds. I like to take a bag to Rome games and just fill one of their soda cups with the shells. If you told me the sunflower seed supply would be reduced for a while, I would be sad. If you told me it would be reduced because those seeds will be used to increase future crops, I would suck it up for a while for a better, more sunflower-seedy future.
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If there were any data or evidence to suggest tarrifs create a better outcome for us, id be receptive.

To date, I've seen none.
 
sturg33 said:
If there were any data or evidence to suggest tarrifs create a better outcome for us, id be receptive.

To date, I've seen none.
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All I’ve see is wishcasting and goalpost moving. And the president and his mouthpieces showing their ignorance each time they talk about this issue.
 
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Tapate50 said:
Kinda early no?
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If this was the first time this was ever tried, then maybe, but this idea has been around as long as there have been nations and markets to trade. Don’t buy into the thethe theory that any data observed before March 2020 is somehow invalidated because he wishes it to be so.
 
mqt said:
https://twitter.com/x/status/1957865145306402913

But we’ve had this added revenue for months and we’ve not decreased the deficit. And if American businesses are absorbing the majority of these tariffs right now at the expense of their profits, are we also potentially going to see less tax revenue than forecasted?
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And bye bye to the tariff revenue when the toaster factories come back to America. Which I thought was the point of this exercise. Maybe it is on Mondays, but on Tuesdays it’s about maximizing tariff revenue. Wednesdays it’s about freeing the slaves in China. Stopping Fentanyl gets a day too.

And btw, LOL at President Trump being “laser focused” on anything.
 
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