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Started By
Message
1
Posted on 9/18/24 at 10:18 am to mikeytig
quote:
Whatever you lefties make you feel good about yourselves have at it.
What a weird take.
The left loves debt and deficit spending. Conservatives are supposed to support classical economics.
This post was edited on 9/18/24 at 10:20 am
Posted on 9/18/24 at 10:20 am to mikeytig
quote:
Whatever you lefties make you feel good about yourselves
Wait wtf?
Posted on 9/18/24 at 10:20 am to RogerTheShrubber
Slow strongly implied if not outright said that Biden's policies may have nothing to do with the inflation we've seen the last few years, and you call the response to that claim the weird take?
Posted on 9/18/24 at 10:22 am to GRTiger
quote:
Slow strongly implied if not outright said that Biden's policies may have nothing to do with the inflation we've seen the last few years
Yeah we might be feeling inflation for like a decade due to the printing from both of them.
quote:
and you call the response to that claim the weird take?
Retarded is better than weird
Only the dumbest person imaginable will try to make that argument
Posted on 9/18/24 at 10:23 am to Blutarsky
"Trump's tariffs would be worse than Biden's inflation."
Then why weren't his tariffs in his first term worse than Biden's inflation?
Then why weren't his tariffs in his first term worse than Biden's inflation?
Posted on 9/18/24 at 10:24 am to SlowFlowPro
I'm smart enough to ignore the noise of political shite throwing and focus on the signals. If I thought Biden and Harris haven't significantly contributed to the unprecedented inflation we've experienced, I wouldn't be calling anyone retarded. But that's just me and my humility I guess.
Posted on 9/18/24 at 10:24 am to TDTOM
quote:
Yahoo articles are hilarious. They are so biased to the left it is unreal. Read some of the comments on the articles and you will laugh at the idiots.
Yahoo would make Pravda blush. Their sole purpose is propaganda.
Posted on 9/18/24 at 10:25 am to GRTiger
quote:
If I thought Biden and Harris haven't significantly contributed to the unprecedented inflation we've experienced, I wouldn't be calling anyone retarded
Do you understand what the word "yet" means?
Interpreting what I said as implying Biden's printing would have no inflationary effects is, in fact, retarded. "Yet" means we will feel it at some point.
Posted on 9/18/24 at 10:28 am to SlowFlowPro
Yes, I understand the word yet. Do you? How do I infer anything other than you suggesting Trump is fully responsible for the inflation that has already been? Yet to happen comes after already happened in my parlance. What does it mean in yours?
Posted on 9/18/24 at 10:31 am to SlowFlowPro
quote:
From a technical aspect, what about what I posted was incorrect?
If the Federal Reserve is removed, technically Congress will have no one to purchase their debt without market price movement in the bond market. Market prices in the bond market (without a central bank) will check congressional (and presidential) spending.
You understand this, right?
Posted on 9/18/24 at 10:34 am to GRTiger
quote:
How do I infer anything other than you suggesting Trump is fully responsible for the inflation that has already been?
He's responsible for a share of it, likely the majority (so far). The question is how much of that majority he's responsible for, up to this point.
I said it's possible that his share may be 100% so far, and then we have years and years of feeling the inflation from Biden's policies.
I don't know why you're melting over this. Nothing I said was controversial unless you're dedicated to promoting certain partisan/echo chamber memes and this reflects your current status:
Posted on 9/18/24 at 10:36 am to GumboPot
quote:
If the Federal Reserve is removed, technically Congress will have no one to purchase their debt without market price movement in the bond market.
That's literally irrelevant to what I said.
My point is that reduced spending can be accomplished without removing the Fed. You keep arguing form a position of what we can do once the Fed is removed, ignoring my actual question.
quote:
From a technical aspect, what about what I posted was incorrect?
Posted on 9/18/24 at 10:36 am to SlowFlowPro
I'm not melting, Slow. That's a white flag. You said something dumb and I ignored it until you called someone retarded for laughing at your dumb statement. The guy throwing retarded out for anyone who disagrees with his sentiments is typically the one melting.
Your follow-up is much less dumb than your initial statement. Solid walk-back. Maybe even better than indefatigable saying all tariffs are inflationary followed by "well not those obviously."
Your follow-up is much less dumb than your initial statement. Solid walk-back. Maybe even better than indefatigable saying all tariffs are inflationary followed by "well not those obviously."
Posted on 9/18/24 at 10:40 am to GRTiger
quote:
I'm not melting, Slow. That's a white flag.
No it's not. That came at the end of my post
quote:
You said something dumb a
I did not. See? That's getting close to white flag territory.
quote:
The guy throwing retarded out for anyone who disagrees with his sentiments is typically the one melting.
And you've yet to provide anything in response to show how what I said was retarded, other than confirmatory posts celebrating your premature victory.
I've explained my point in detail. Your responses have had no substance.
quote:
Your follow-up is much less dumb than your initial statement.
Nothing about my initial statement has changed.
quote:
Solid walk-back.
Straw man.
quote:
Maybe even better than indefatigable saying all tariffs are inflationary followed by "well not those obviously."
Another straw man.
Is the goal of tariffs to raise prices of goods upon which the tariffs were placed? Yes or No.
This post was edited on 9/18/24 at 10:42 am
Posted on 9/18/24 at 10:41 am to Indefatigable
quote:
Because they went overseas many decades ago. They are not coming back. We don't have the workforce for unskilled, low wage, low benefit factory jobs making cheap bullshite anymore.
"Made in America" is a feel good line that everyone supports until it's time to get the wallet out. Then we shop on cost.
Idk if it's feasible but I've often thought about this sort of many birds one stone idea. As you say, manufacturing just isn't coming back. It's a matter of cheap labor, cheap products. But is there a scenario in which North American countries, particularly the Central American countries and the US can coalesce around bringing manufacturing to these countries.
Labor may still be cheap, we untether our supply chain from an adversarial China and if we can stabilize economies of these countries, potentially take the pressure off our illegal immigration problem. In an ideal world, manufacturing comes back to our shores but I just don't think it's realistically going to happen.
Posted on 9/18/24 at 10:42 am to Indefatigable
People like you don't understand leverage. Tariffs are leverage, how long they last is up to the individuals having to pay them. Want a better deal? Negotiate one. It's not off the table. Nothing is with Trump, sometimes unfortunately.
Posted on 9/18/24 at 10:42 am to SlowFlowPro
quote:
My point is that reduced spending can be accomplished without removing the Fed.
You are a free market guy. When the free market has a central bank who is the lender of last resort via "printing" (i.e. bond buying) entities within this market will ALWAYS be temped to use the lender of last resort and overspend.
Remove the LoR and remove the temptation and allow federal debt to be purchased at market prices which checks congressional spending based on what the economy can handle. It's a free market concept.
Anyway, on a separate but related subject from yesterday:
SFP, did I sufficiently answer your question?
Posted on 9/18/24 at 10:44 am to Lsuhoohoo
quote:
manufacturing just isn't coming back.
Only a certain type, the lowest most unskilled and unproductive type. We're one of the major and I mean number one or number two, manufacturing countries in the world. We're also one of the top countries and producing manufactured goods with the highest per capita value. There's not really another country who is towards the top in both of those metrics.
quote:
But is there a scenario in which North American countries, particularly the Central American countries and the US can coalesce around bringing manufacturing to these countries.
That is my dream scenario. That would have the dual effect of decoupling us from China, raising the standard of living in Central America, and ultimately decreasing illegal immigration into our country. We would have more allies living a higher standard of living close to us and everyone would benefit, except China.
Posted on 9/18/24 at 10:45 am to GRTiger
quote:
Slow strongly implied if not outright said that Biden's policies may have nothing to do with the inflation we've seen the last few years
That would be incorrect on his part, if true.
We probably havent even felt the brunt of our economic policies over the past 15 years.
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