Economics Thread

Lee Hatching chick Carter
@carterforva

The stock market is up 11% because Trump started saying he'd

sacrifice 3 million lives in order to send the rest of us back to work

rather than providing for people's basic needs.

Capitalism runs on blood.

This week, the capitalists stopped pretending it doesn't.
 
rich white womanRose
@OneTrueShaun

I love how the stock market has become some indicator of economic

performance and not the estimated 30% of people unemployed right

now or the millions who might miss paying rent on the 1st.

Not to mention the 38 million ppl who were already

living in poverty prior to COVID-19.
 
57Brave said:
rich white womanRose
@OneTrueShaun

I love how the stock market has become some indicator of economic

performance and not the estimated 30% of people unemployed right

now or the millions who might miss paying rent on the 1st.

Not to mention the 38 million ppl who were already

living in poverty prior to COVID-19.
Click to expand...

So why post largest drops in the history of the Dow?
 
why not ?

that was not too long ago the 3rd leg of re-election.
kinda made of sand. Turned out

hadn't heard about MS 13 or Shirai Law for awhile.
How you dealing with that ?

or was that last years boogie man

onto Socialism
 
57Brave said:
Lee Hatching chick Carter
@carterforva

The stock market is up 11% because Trump started saying he'd

sacrifice 3 million lives in order to send the rest of us back to work

rather than providing for people's basic needs.

Capitalism runs on blood.

This week, the capitalists stopped pretending it doesn't.
Click to expand...

Y’all are crazy.
 
There is a solid case for acting to preserve the manufacturing and technological capabilities of Boeing and its suppliers.

Can such assistance be structured in a way that isn't a windfall for Boeing shareholders? I believe so.

What would happen if that was the case? We know the answer because the CEO of Boeing addressed that very question a few days ago. He said that Boeing had plenty of other options and would avail itself of them if government aid had too many strings attached or diluted shareholder value.

Given that Boeing has such options why are we handing out candy to its shareholders. I hope that out of a sense of patriotic duty they will turn down the corporate pork.

The bailout of Boeing is bad policy on economic grounds.

But it is especially bad policy for undermining the social cohesion we need to get through this crisis together.
 
nsacpi said:
abstinence education funding makes it into the stimulus bill...oy vey
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Politics are the worst.
What is wrong with both congressional Republicans and democrats.

1200 may be fine for Mississippi. **** doesnt do a thing for new Yorkers when a one bedroom in a non ghetto is 1600 at best.
 
thethe said:
Politics are the worst.
What is wrong with both congressional Republicans and democrats.

1200 may be fine for Mississippi. **** doesnt do a thing for new Yorkers when a one bedroom in a non ghetto is 1600 at best.
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Yeah. Cuomo not too happy about how New York came out in this bill.
 
nsacpi said:
abstinence education funding makes it into the stimulus bill...oy vey
Click to expand...

unintentional double entendre buried in there

a couple more blatant versions:

abstinence education funding penetrates stimulus bill

stimulus bill more stimulating than expected
 
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I agree with this. Simplicity and transparency over opacity and special interests.
 
nsacpi said:
There is a solid case for acting to preserve the manufacturing and technological capabilities of Boeing and its suppliers.

Can such assistance be structured in a way that isn't a windfall for Boeing shareholders? I believe so.

What would happen if that was the case? We know the answer because the CEO of Boeing addressed that very question a few days ago. He said that Boeing had plenty of other options and would avail itself of them if government aid had too many strings attached or diluted shareholder value.

Given that Boeing has such options why are we handing out candy to its shareholders. I hope that out of a sense of patriotic duty they will turn down the corporate pork.

The bailout of Boeing is bad policy on economic grounds.

But it is especially bad policy for undermining the social cohesion we need to get through this crisis together.
Click to expand...

Before global air travel crashed, Boeing was in a world of **** because they built a plane that crashed, and offered the software that made it less likely to crash as an upsell.

Your point about social cohesion is well taken. They shouldn’t get a dime of federal assistance if there aren’t serious strings attached. We made that mistake with the banks.
 
The Chosen One said:
Hot damn. Sturg would have a stroke reading Amash actually saying something like this.

What a time to be alive.
Click to expand...

I think most libertarians feel that IF you're going to pass a stimulus, the best of the options is to give individuals a check and let them spend the money as they see fit.

nsacpi said:
did you see Ron Paul pushing the theory this is all a hoax?
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While I share his concern that temporary measures won't be temporary and we'll have a legacy of bad policies similar to post-9/11, the idea that this is a hoax is ridiculous and a step too far. At 84 years old, Ron's lost a few MPH off his fastball...
 
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