chop2chip
Well-known member
So your policy is inflation.
And that’s fine! Inflation disproportionately affects the poor and middle class, but as long they are cool to foot the bill, then why not.
Economics Thread
- Thread starter sturg33
- Start date
So your policy is inflation.
And that’s fine! Inflation disproportionately affects the poor and middle class, but as long they are cool to foot the bill, then why not.
You’re ignoring the concept of price elasticity. If demand drops because of price increase then price drops. More of the “work” that doesn’t get included in pieces from the tax foundation. This doesn’t happen overnight either. These things need to play out over years.
sturg33
I
Is demand dropping good or bad for small businesses and manufacturing companies?
chop2chip
Well-known member
Correct - looks like somebody took Econ in undergrad
Higher prices leads to less demand. Consumers buy things because it benefits them. Higher prices mean consumers have less things that benefit them. These women should be commended for not wearing lipstick to punish the CCP.
Correct - looks like somebody took Econ in undergrad
Higher prices leads to less demand. Consumers buy things because it benefits them. Higher prices mean consumers have less things that benefit them. These women should be commended for not wearing lipstick to punish the CCP.
I have almost 200 college credits with a degree in Math and a few credits short of accounting. I got over a 90 on all four parts of the cpa. I know a few things. Moreso than other fake experts on this forum (not you).
As demand decreases retailers will refuse to pay the same prices from suppliers or purchase the product altogether which results in lower costs and then less money in the CCPs pocket. And again, this needs to play out over years.
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Robots are just going to replace all the work illegals do after they’ve deported. Then the rest of us Americans can make more money.
sturg33
I
chop2chip
Well-known member
Gurl - robots are replacing me and you too. Its likely in my lifetime AI will perform a surgery on me.
Now if you want to have an interesting discussion on how we navigate this AI transition, I’m all ears for what the populists have to say because I’m much more concerned about that.
chop2chip
Well-known member
I know this is sarcasm but it’s actually an extremely important question! I have no faith that our government has a single clue how to answer this.
sturg33
I
I believe their answer will be the printing press
sturg33
I
They will replace everything except people who type excel formulas
Robots willl not be able to complete complex thought exercises for decades. Physical tasks are certainly right around the corner.
People think AI that we have now is actually real AI. It’s just nested logic that needs to be continually updated via machine learning. I would wager we aren’t going to get to true AI in our working lifetimes.
acesfull86
Well-known member
While I disagree, I’ll at least give you credit for an answer. Hell of a lot more than we’ll get from Trump.
This is where you guys get absurd. Trump is selling the concept of tariffs to the public and the public in general is not all that bright so he adjusts the message so it doesn’t get lost on people and they turn off. I have a strong feeling that Trump understands a lot more of the ins and outs then you guys give him credit for.
sturg33
I
Lol
acesfull86
Well-known member
https://www.wsj.com/articles/washingtons-welfare-uniparty-child-tax-credit-deal-budget-expansion-603a3833?mod=opinion_lead_pos10
We’re all for “families” now—and that’s the justification for robbing the paychecks of productive childless taxpayers and rerouting their earnings to nonworking parents. This bill would further discourage work, leaving more parents and children dependent on government largess. It’s of a piece with the Republican lurch toward bills that micromanage industrial policy or penalize the free market. Today’s MAGA populism amounts to little more than warmed-over big-government Rockefeller Republicanism.
We’re all for “families” now—and that’s the justification for robbing the paychecks of productive childless taxpayers and rerouting their earnings to nonworking parents. This bill would further discourage work, leaving more parents and children dependent on government largess. It’s of a piece with the Republican lurch toward bills that micromanage industrial policy or penalize the free market. Today’s MAGA populism amounts to little more than warmed-over big-government Rockefeller Republicanism.
Holding a position that we shouldn’t value families is about the dumbest position someone could take. Just more of the same selfishness that permeates through all aspects of modern American life.
Libertarians going to libertarian though.
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