Economics Thread
- Thread starter sturg33
- Start date
Julio3000
<B>A Chip Off the Old Rock</B>
I’m glad that wages are continuing to tick up, though barely at a rate that outpaces inflation. I’m glad that wages for the lower percentiles are relatively stronger—though state minimum wage hikes have a lot to do with that along with the strong job market. I hope it continues and I’m not confident that the volatility from the leadership will promote that.
A large portion of the inflation that you are quoting has to do with home prices and those home prices have overwhelming spiked in coastal areas (such as Long Island where I live). Therefore, the inflation hasn't impacted real wages locally in areas outside of the coasts. The people that voted for this agenda are benefiting greatly currently.
Julio3000
<B>A Chip Off the Old Rock</B>
So you’re saying she’s NOT from the Bronx. I guess the people who elected her don’t have a problem with her authenticity or her policy. Not sure what’s going to satisfy you here.
As for her being an idiot, or, as sturg says, the dumbest member of Congress, I’m just not sure where that’s coming from. She’s gotten a lot of airtime—airtime that most members would kill for. I’m willing to bet that most members who got that much airtime would make a few stumbles and fumbles of their own. So what makes her an idiot? Proposing a higher top marginal rate? You can find more credible support among economists for the upside case here than you can for the idea that further tax cuts will pay for themselves with growth, which is practically an article of faith among Republicans. Or, hell, more than for trickle-down economics in general, which sturg will tell you is very good and totally works, without providing any supporting evidence. I’d argue that those things are more articles of faith than empirically-supported ideas, yet their proponents are the ones throwing accusations of “idiocy” around.
What about her discussions about palestine? I guess she is a fan of Linda Saraour so i undersrand why she had that 'gaf'. How about her inability to articulate how her proposals will be paid? She also had an econ degree and yet worked as a bartender. Indication that she didnt learn a thing? Maybe.
Shes either really dumb or completely unprepared.
Julio3000
<B>A Chip Off the Old Rock</B>
Yeah, I don’t know about that. BLS breaks down CPI by region. Housing costs increased significantly in the Midwest region in the last year, to the degree that non-energy/food prices still rose despite big drops in energy prices late in the year. I just picked the Midwest because I assume it’s what you mean by “people who voted for his agenda.” Story’s about the same in the South region (more “people who voted for his agenda”) where 2018 CPI is identical to the Northeast.
57Brave
Well-known member
As pointed out her hometown, I'd bet if the Bronx was badly damaged by a storm she would vote for aid for those Bronxians.
Why so troubled by and so much oppo research on a first term congressperson ?
Things that make you go ummm
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57Brave
Well-known member
I'll forgive you for not knowing who Ed Rollins is
But for clarity take a minute and look him up
Andrew Lawrence
@ndrew_lawrence
Lou Dobbs guest Ed Rollins refers to sitting congresswoman @AOC
as "the little girl"
remind me of references to Senator Paul as Little Randy Or references to a sitting (male) Senator as Sitting Bull
and I'll buy you an ice cream cone.
Subtlety and the art of innuendo, isn't exactly your forte.
No one else here complains about their supervisor except you - even going so far as to identify her by gender
Not quite sure how stigmatization is quantified
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57Brave
Well-known member
A Freshman Congressperson floats an idea, a long overdue idea, and you are dissmissing it because of details.
The key phrase is -floats an idea-
Even should her idea only grow the rate to 60% she wins.
I personally would shoot for 90%.
What is the purpose of hoarding exorbitant wealth ?
The key phrase is -floats an idea-
Even should her idea only grow the rate to 60% she wins.
I personally would shoot for 90%.
What is the purpose of hoarding exorbitant wealth ?
Might aa well just seize all means of production and dont pay anyone. You could just have armed agents forcefully escort all individuals to mandated labor.
Something like not coming close to paying for your ideas is cinsidered just a detail?
Of course you would shoot for 90. Them watch the total revenue pot dwindle away.
Julio3000
<B>A Chip Off the Old Rock</B>
Just wondering why she’s the one who needs the math checked, suddenly. Or why she’s the dumbest person in Congress.
Go ahead and fan yourself vigorously over legislation that doesn’t exist, though.
Because even dumber people believe her policies are possible without bankrupting the nation.
57Brave
Well-known member
From where I sit governance by " fiscal responsibility " and deregulation has gotten us trillions in debt, trash piled up in national parks , an infrastructure that would make the Soviet bloc proud and Donald Trump.
Perhaps that **** didn't work.
As long ad I am asking my (R) friends for explanations, who does this abstraction / bumper sticker of " fiscal responsibility" benefit ?
Definitely not those in debt for the better part of their 30s. Or families of those bankrupted by catastrophic disease or the parents from Sandy Hook.
I think this new congressional class is onto something.
Lets see
Perhaps that **** didn't work.
As long ad I am asking my (R) friends for explanations, who does this abstraction / bumper sticker of " fiscal responsibility" benefit ?
Definitely not those in debt for the better part of their 30s. Or families of those bankrupted by catastrophic disease or the parents from Sandy Hook.
I think this new congressional class is onto something.
Lets see
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