cajunrevenge
Well-known member
You are so far gone I dont even know when your being serious anymore.
Economics Thread
- Thread starter sturg33
- Start date
You are so far gone I dont even know when your being serious anymore.
cajunrevenge
Well-known member
I think your on to something here. What if we just made up a bunch of stupid laws and only enforced them on black people and people we dont like. Then force them to work in prison to make products we can sell for a profit. I wonder if anyone has thought of this genius idea before.
cajunrevenge
Well-known member
" enforced them on black people and people we dont like"
Wanna try again?
Wanna try again?
acesfull86
Well-known member
I agree with the part when he says “a lot of people think I’m crazy for this”
cajunrevenge
Well-known member
https://www.history.com/news/black-codes-reconstruction-slavery
Since you need a history lesson today.
Since you need a history lesson today.
Guy knows a little something about the REAL economy and not some esoteric academic exercise.
But its ok - When Trump completely overhaul are BS economy and more people are able to benefit from it we will revisit. Hope we are all around in 10-15 years because thats how long it will take to see true impacts.
acesfull86
Well-known member
https://reason.com/2024/10/16/did-inflation-save-us-from-new-progressive-economics/
The Biden era's high inflation has been terrible for the economy and the country generally. But did it save us from a more permanent progressive takeover of federal government policy?
That's the tantalizing question hanging over a recent piece published by Vox Senior Politics Correspondent Andrew Prokop that chronicles the rise, and pending fall, of "New Progressive Economics."
President Joe Biden obviously was not the left's preferred candidate in the 2020 Democratic primary.
But, as Prokop tells it, he staffed his administration with lots of ultra-progressive wonks and political operatives who wanted to overthrow the Democratic Party's perceived "neoliberal" consensus on trade and regulation in favor of aggressive anti-trust enforcement, proactive industrial policy, protectionism, and a massive increase in social spending.
They basically got most of what they wanted, starting with the $1.9 trillion American Rescue Plan (ARP)—a law pitched as a pandemic recovery bill that was stuffed full of progressive spending items.
Now, however, depression is setting among the New Progressives. There's a good chance that no matter what happens in November, they'll see their influence and policy legacy crumble.
…
Inflation didn't just happen on Biden's watch. His budget-busting American Rescue Plan—which dumped a bunch of monopoly money on an already recovering post-pandemic economy—predictably sent prices through the roof.
At the time, "neoliberal" economists who'd held prominent positions in previous Democratic administrations, but had been largely replaced by the New Progressive types Prokop profiles, publicly warned that the ARP was too big and would generate lots of inflation.
The New Progressives shrugged off these criticisms as reactionary snipping from careerists steaming over their loss of power and influence.
But neoliberals turned out to be right. Progressive dismissals of their warnings ended up endangering their entire political project.
The silver lining to Biden-era inflation, for all the hurt it caused, is that it might end up discrediting the New Progressive's economic policies within the Democratic Party.
—————
I sure hope so
The Biden era's high inflation has been terrible for the economy and the country generally. But did it save us from a more permanent progressive takeover of federal government policy?
That's the tantalizing question hanging over a recent piece published by Vox Senior Politics Correspondent Andrew Prokop that chronicles the rise, and pending fall, of "New Progressive Economics."
President Joe Biden obviously was not the left's preferred candidate in the 2020 Democratic primary.
But, as Prokop tells it, he staffed his administration with lots of ultra-progressive wonks and political operatives who wanted to overthrow the Democratic Party's perceived "neoliberal" consensus on trade and regulation in favor of aggressive anti-trust enforcement, proactive industrial policy, protectionism, and a massive increase in social spending.
They basically got most of what they wanted, starting with the $1.9 trillion American Rescue Plan (ARP)—a law pitched as a pandemic recovery bill that was stuffed full of progressive spending items.
Now, however, depression is setting among the New Progressives. There's a good chance that no matter what happens in November, they'll see their influence and policy legacy crumble.
…
Inflation didn't just happen on Biden's watch. His budget-busting American Rescue Plan—which dumped a bunch of monopoly money on an already recovering post-pandemic economy—predictably sent prices through the roof.
At the time, "neoliberal" economists who'd held prominent positions in previous Democratic administrations, but had been largely replaced by the New Progressive types Prokop profiles, publicly warned that the ARP was too big and would generate lots of inflation.
The New Progressives shrugged off these criticisms as reactionary snipping from careerists steaming over their loss of power and influence.
But neoliberals turned out to be right. Progressive dismissals of their warnings ended up endangering their entire political project.
The silver lining to Biden-era inflation, for all the hurt it caused, is that it might end up discrediting the New Progressive's economic policies within the Democratic Party.
—————
I sure hope so
A corrolary of this is that in hindsight we might be grateful the left stole 2020 because we are about to enter an era of dynastic Republian/Populist rule that iwll fix this nation.
acesfull86
Well-known member
Welp a business man going around calling himself Mr Wonderful thinks China tariffs are great, guess I’ll change my mind now.
I can go find a “non-academic” business leader who thinks tariffs are harmful. Then you’ll find some sort of problem with that person.
I’ll save us all the time and skip it.
cajunrevenge
Well-known member
I can lead you to water but I cant make you drink.
I'm sure that person you want to bring up doesnt benefit from the totally market driven cheap prices as a result of the fully 'free' trade we have on the global stage.
Just sit back and take notes while Trump/Vance/Vivek/etc.... bring this country to new heights and then you'll know your orthodoxy that you hold so dear was bull**** all along.
I'm sure that person you want to bring up doesnt benefit from the totally market driven cheap prices as a result of the fully 'free' trade we have on the global stage.
Just sit back and take notes while Trump/Vance/Vivek/etc.... bring this country to new heights and then you'll know your orthodoxy that you hold so dear was bull**** all along.
cajunrevenge
Well-known member
Tariffs are good in the sense of making it more expensive to import **** makes it more financially beneficial to companies to not outsource labor to other countries. So more jobs here in the US. The downside is products as a whole are more expensive and retaliatory tariffs make us les competitive exporting to other countries.
What I would do is try to kill two birds with one stone by using Mexico to outsource for cheap labor to build our products instead of China. Thus making Mexico a much healthier state so their citizens would stop trying to come here in mass and immigrants from countries south of Mexico could immigrate to. Thats the only thing thats going to fix the border issue. We need a healthy Mexico. Letting that country rot under the weight of the cartel violence is why we have the immigration problem we do now. We shoved our drug war down their throats and then when it had severe negative consequences that were entirely predictable we say thats their problem. All you people who denigrate immigrants would be the first ones illegally crossing to this country seeking a better life if you were born south of the border.
acesfull86
Well-known member
Like I said
Hey I can’t help it when you ignore things like median income increases and manufacturing job increases that help the non laptop working class. It’s just more of the brainwashing leftovers from your academics.
acesfull86
Well-known member
Enjoy the moral high ground!