Economics Thread

[57Brave]

https://www.dailykos.com/stories/20...g-economic-story-to-tell-they-d-be-telling-it



"If the Republicans had a compelling economic story to tell, they'd be telling it," Garin told Harwood. "It's not because they haven't thought of it. It's because it doesn't work."

the old saying " it ain't the x's and o's. It is the Jimmy and Joes "

 

[cajunrevenge]

Something stinks with those examples given. Laid off 3 times due to budget cuts? Why are you always the expendable one? Who goes to the doctor for a headache? And I thought teachers got healthcare?

 

[sturg33]

If I didn't know better, I would think that a huge portion of taxpayer dollars are used to feed the bureaucracy and never make it to the school district.

Just need to invest more money. That will solve this

 

[Chipper]

Just need to invest more money. That will solve this

Are you saying that taking money away will solve the problem?

 

[sturg33]

[TW]1041361709024202752[/TW]

 

[sturg33]

Are you saying that taking money away will solve the problem?

Yes, I'm saying things would get better if we didn't try to centralize and subsidize our nation's education

 

[57Brave]

Donald J. Trump
‏Verified account @realDonaldTrump

Consumer Sentiment hit its highest level in 17 years this year.

Sentiment fell 11% in 2015, an Obama year, and rose 16% since the Election,

#TrumpTime!

 

[cajunrevenge]

Something stinks with those examples given. Laid off 3 times due to budget cuts? Why are you always the expendable one? Who goes to the doctor for a headache? And I thought teachers got healthcare?

https://reason.com/blog/2018/09/15/are-teachers-really-not-paid-for-the-wor



Like I thought, this story was BS. One crying poverty is making 55k a year. Maybe lay off the booze and go with a cheaper habit like marijuana.

 

[sturg33]

Stossell is the best. Social Security is the worst

[TW]1043885953864093697[/TW]

 

[nsacpi]

[TW]1041361709024202752[/TW]

She is a crackpot. To coin a phrase.

 

[57Brave]

John Fugelsang
‏Verified account @JohnFugelsang
16h16 hours ago

John Fugelsang Retweeted Donald J. Trump

Donald pretending he built what he inherited from Barack Obama

is the new Donald pretending he built what he inherited from Fred Trump.

 

[nsacpi]

Interview about carbon taxes with Nobel laureate William Nordhaus.

https://www.nytimes.com/2018/10/13/...page&action=click&module=News&pgtype=Homepage

 

[57Brave]

She is a crackpot. To coin a phrase.

yeah, let's talk about crackpots:


John Harwood
‏Verified account @JohnJHarwood
17h17 hours ago

last fall: Treasury Secretary Mnuchin says “Not only will this tax plan pay for itself but it will pay down debt,” boosting revenue/cutting deficits through growth, reduced corporate tax avoidance

this fall: Treasury reports 2018 deficit up 17%, corporate tax payments down 31%

except one difference. The House of Representatives populated with the like of Nunes,Gohmert etc is a designed by constitution institution where "crackpots" have a voice
Treasury Secretary ---- not so much

Yet again RW misses the boat
#MAGA

 

[Jaw]

https://phys.org/news/2018-10-world-day-bank.html

Nearly half the world lives on less than $5.50 a day: World Bank


https://www.marketwatch.com/story/i...-on-animal-costumes-this-halloween-2018-10-16

Instagram-loving pets owners will spend nearly $500M on animal costumes this Halloween


Humans have stupid priorities.

 

[57Brave]

it was once said that was why they flew airplanes into our buildings

 

[57Brave]

Bush Sr. left office w/ $269 billion deficit

Clinton turned tht into $127 billion surplus

Bush Jr. turned tht into $1.4 trillion deficit

Obama brought tht down to a $492 billion deficit

Trump raised it back up to $833 billion

Which is the “fiscally conservative” party again?

 

[cajunrevenge]

https://www.cnbc.com/amp/2018/10/26/stock-market-us-futures-show-drop-for-dow.html

 

[Runnin]

https://www.cnbc.com/amp/2018/10/26/stock-market-us-futures-show-drop-for-dow.html

Should put this on the Good News thread.

 

[nsacpi]

Should put this on the Good News thread.

actually a market correction can be good news

 

[Jaw]

https://www.nationalreview.com/corn...tez-is-right-about-amazons-corporate-welfare/

After a long process, Amazon finally announced that it will locate its new headquarters in New York and Virginia. Following the announcement, Representative-elect Alexandria Ocasio-Cortez tweeted that “Amazon is a billion-dollar company. The idea that it will receive hundreds of millions of dollars in tax breaks at a time when our subway is crumbling and our communities need MORE investment, not less, is extremely concerning to residents here.”

As a result of her tweet, conservative commentators all over twitter and on shows like Fox Business’s Varney & Co. are making fun of her. They argue that her reaction is yet more evidence that she doesn’t get economics and that doesn’t want New Yorkers and Virginians to get the thousands of jobs that will be created there thanks to the new headquarters.

I can’t believe I’m saying this, but Ocasio-Cortez is mostly correct on this matter, and her conservative critics are wrong. Handouts like this to Amazon and other prominent companies are appalling in their cronyism, pure and simple. I agree that she doesn’t understand economics and that her socialist ideal is a recipe for fiscal and economic disaster. But her conservative critics reveal their own economic misunderstanding when they support targeted tax breaks as a means of creating jobs.

I've never been much of a National Review fan. Seeing one of their writers go against most of their party here is a pleasant surprise.