Economics Thread

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Wonder how many idiots on this board think we have the greatest economy ever.
 
What's different about it? Has there been much of a difference in the last 4 models?

100%.

iPhone is tired af. The only thing I like about it is that it works without bugs

Smart phones have been a mature product for several years now. I’m not that interested in contrived innovation (foldable phones ewww) Honestly all I use my smartphone is to watch the Braves while babysitting my toddler, I’m looking for quality of life enhancements (dynamic island), battery efficiency (5 -> to now 4nm SoC will do wonders for that), and a kick ass display (2000 hits peak brightness and 120 hz).
 
https://www.aier.org/article/u-s-economic-freedom-index-collapses-to-carter-administration-levels/

The Economic Freedom of the World report comprises measurements across five categories and 165 jurisdictions: size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation. Perhaps the most important facet of the report is that we can look at the data in absolute terms, asking, for example, how well the United States has been doing over time. We can also look at the data in relative terms, asking how well the United States has been doing compared to the other nations of the world.

We have become accustomed to seeing a steady climb to better lives. Indeed, many of us could not comprehend living as our grandparents did. But thanks to the Fraser Institute, we now have detailed data from 1980-2020, detailing two generations. How do we stack up?

...

While the United States has been kicking around in the top ten, even if falling, for decades, it is not doing all that well when compared to itself over time. Indeed, the US’s cumulative rating of 7.97 is considerably lower than its 1980 rating of 8.34. Digging into the recent data, the United States dropped in rank across all five indexed categories from 2019 to 2020. The most significant changes have been in the size of government and regulation categories, where the United States fell 7.32 to 6.79, and 8.68 to 8.11, respectively. Both measures directly reflect the COVID era’s unprecedented expansions of government, as federal spending was unleashed from any semblance of fiscal constraint and draconian regulatory intrusions on daily economic life reached every single American.

In short, the United States finished 2020 less economically free than we were at the tail end of the Carter years.
 
Many markets in this country have become more concentrated and more oligopolistic during the past 30 years. A bipartisan and expensive policy failure.
 
With the big miss on guidance for Fed Ex I wonder if the BL now thinks we are in a recession?

GREATEST ECONOMY EVA!!!
 
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Eventually the conventional wisdom of efficient markets will be usurped by more wholistic intelligent approaches to a countries health and well-being.
 
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Isn’t Atlanta fed usually a bullish print?

What do you call three straight quarters of negative growth?
 
Smart phones have been a mature product for several years now. I’m not that interested in contrived innovation (foldable phones ewww) Honestly all I use my smartphone is to watch the Braves while babysitting my toddler, I’m looking for quality of life enhancements (dynamic island), battery efficiency (5 -> to now 4nm SoC will do wonders for that), and a kick ass display (2000 hits peak brightness and 120 hz).

you babysit your toddler?
 
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