Post-Corona Economy

For stuff that is general.
GORDON
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Post by GORDON »

I'd argue this is still all happening due to the response to COVID. 7(?) years to normality.

Capital-D still in play.
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Leisher
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Post by Leisher »

Americans are early withdrawing from their 401k in record numbers.

American credit card debit hits $1T.

Oil and food prices continue to rise. Inflation still looming says CNN.

Meanwhile, the people running Biden's X (so fucking stupid) account continue to promote Bidenomics to voters on the platform who are seeing their cost of living NOT drop. I would probably go with a different message, but you'd have to be in touch with normal Americans to know your message isn't correct.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
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Leisher
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Post by Leisher »

Meanwhile, Biden's team keeps dropping tweets praising his job on the economy. So tone deaf...

And don't get me wrong, this isn't a Biden issue. This is ALL government getting paid off to look the other way as corporations squeeze every possible cent out of people to feed the constant demands of Wall St. It's unsustainable.

Something is going to give. The clock is ticking.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
TheCatt
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Post-Corona Economy

Post by TheCatt »

Talk to the Republicans keeping them poor. 40+ years of trickle down economics has just been peeing on the poor/middle class.
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Leisher
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Post by Leisher »

TheCatt wrote: Wed Aug 16, 2023 11:23 am Talk to the Republicans keeping them poor.
Image
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Leisher
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Post by Leisher »

Buffet and Burry and predicting a stock market crash.

If Gordon ends up being right about this, and he's on their side, do you have to publicly proclaim that he knows more about economics than you? :D
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
GORDON
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Post by GORDON »

It's a bummer that in the 16 years of democrat presidencies since Reagan that nothing Reagan did ever got fixed.
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GORDON
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Post by GORDON »

Leisher wrote: Wed Aug 16, 2023 11:30 am Buffet and Burry and predicting a stock market crash.

If Gordon ends up being right about this, and he's on their side, do you have to publicly proclaim that he knows more about economics than you? :D
It's been obvious for a long while, when you ignore the people getting paid to tell you the official story.

:-D
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TheCatt
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Post by TheCatt »

Leisher wrote: Wed Aug 16, 2023 11:30 am Buffet and Burry and predicting a stock market crash.
Burry has predicted 18 of the last 1 stock market crashes.
GORDON wrote: Wed Aug 16, 2023 12:04 pm It's a bummer that in the 16 years of democrat presidencies since Reagan that nothing Reagan did ever got fixed.
They tried. Remember how ObamaCare barely passed? Remember how Republicans stopped minimum wage increases, or anything that would help the middle class?

Pepperidge Farm remembers.
It's a bummer that in the 16 years of democrat presidencies since Reagan that nothing Reagan did ever got fixed.
Literally 4 years that Dems have had the presidency + Congress in that timeframe. And neither of those times did they have supermajorities, and had to cave to R-leaning Ds (ugly dude from WV, and the women from Alaska + Maine(?)) in order to get anything done the last time.
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GORDON
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Post by GORDON »

Yeah thank god obamacare passed, everybody thinks healthcare and insurance got way more affordable since the Affordable Care Act passed, where if they liked their doctor they could keep their doctor, except not always.
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TheCatt
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Post by TheCatt »

GORDON wrote: Wed Aug 16, 2023 1:03 pm Yeah thank god obamacare passed, everybody thinks healthcare and insurance got way more affordable since the Affordable Care Act passed, where if they liked their doctor they could keep their doctor, except not always.
It's so much better than it was. But yeah, remember, it was crippled by Rs, not Ds, for being even better for people.
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GORDON
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Post by GORDON »

Pretty glad I have free VA medical, forever. Y'all have fun with your "insurance" that isn't.

Again, it's a bummer none of the big problems got fixed under democratic presidencies.
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TheCatt
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Post by TheCatt »

GORDON wrote: Wed Aug 16, 2023 1:16 pm Pretty glad I have free VA medical, forever. Y'all have fun with your "insurance" that isn't.

Again, it's a bummer none of the big problems got fixed under democratic presidencies.
Well, be sure to thank the Republicans who blocked it all.
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Post by GORDON »

Why should I? Do you thank the democrats who didn't block reagan? We only care about the presidents. Or are you selective in who you blame, and to whom you give credit, depending on their party?
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Post by TheCatt »

GORDON wrote: Wed Aug 16, 2023 2:02 pm Why should I? Do you thank the democrats who didn't block reagan? We only care about the presidents. Or are you selective in who you blame, and to whom you give credit, depending on their party?
I guess I just understand how legislation works? I blame the party based on what they've done. And for the past 3 decades, Republicans have been the ones (mostly) making middle class lives shit.
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Post by GORDON »

And everyone still curses Reagan, even though he had democrat legislatures enabling him. Has the legislative process changed since then, or are you being very selective with your criticism? As I already asked. Are we criticizing presidents, or criticizing legislatures? Because you're changing who you criticize based on the letter behind their name. Reagan is a son of a bitch, but none of the democrats since fixed any of the things he broke. Reagan has a legislature that didn't stop him and is blameless, but Obama and Clinton had legislatures that did and they suck too.

Choose.

Eh, or who gives a shit. None of this actually matters, today. Just funny, because you have lots of company and that's what'll kill us all. Critical mass of people playing teams. The democrats have no interest in fixing anything beyond the bare minimum to get elected next cycle. Just like the republicans.
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Post by Leisher »

TheCatt wrote: Wed Aug 16, 2023 1:02 pm Remember how Republicans stopped minimum wage increases, or anything that would help the middle class?
Gordon covered the Obamacare stuff, although he forgot to mention that Ds didn't know what was in it so they can't exactly be praised for what it potentially would have done (and the Congressional Budget Office, or whatever they're called, disagree with your assessment). Thus, I'll hit this one. I don't disagree with you about minimum wage needing to increase, but the effect it will have. I believe it will crush small businesses, particularly the restaurant industry, and costs will be passed off to consumers further driving up the COL.

The key to making wage increases work is that the businesses and corporations have to swallow them. They're never going to do that.

By the way, Wall St is why nothing trickles down. Can't give people good pay and benefits because we've got to keep increasing the quarterly numbers. Can't help but overwork skeleton crews because the CEO needs a new yacht!

In other news, California exists as proof that your "This is all the Rs fault" argument is bigoted bullshit. And if you want to claim the federal government interferes there too much, then look at the absolute shitshow that is Canada.

Neither party works for us. Neither party isn't owned by corporations. Neither party's stronghold states are utopias.
GORDON wrote: Wed Aug 16, 2023 2:25 pm Eh, or who gives a shit. None of this actually matters, today. Just funny, because you have lots of company and that's what'll kill us all. Critical mass of people playing teams. The democrats have no interest in fixing anything beyond the bare minimum to get elected next cycle. Just like the republicans.
Exactly.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Leisher
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Post by Leisher »

By the way, the easiest solution to insurance was enroll people without it, let the companies bid on providing them insurance, and don't touch anyone else's.

Done and for far, far, far less money.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
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Post by GORDON »

I hate to say it, but the VA model is working for me. I never pay for anything medical, my pills are $9 per prescription, I can get routine appointments within 2 weeks, scheduled online, I have access to a VA emergency room, and if that's too far away the VA has partnerships with hospitals "get him stabilized, and we'll come pick him up."

Recently, they partnered with local UrgentCare clinics. I get to go to those for free, too.

Is this called single payer? IDK. But that's what we have to go to. Having insurance companies as middlemen is making them rich, and breaking the system.
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TheCatt
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Post by TheCatt »

GORDON wrote: Wed Aug 16, 2023 3:28 pm I hate to say it, but the VA model is working for me. I never pay for anything medical, my pills are $9 per prescription, I can get routine appointments within 2 weeks, scheduled online, I have access to a VA emergency room, and if that's too far away the VA has partnerships with hospitals "get him stabilized, and we'll come pick him up."

Recently, they partnered with local UrgentCare clinics. I get to go to those for free, too.

Is this called single payer? IDK. But that's what we have to go to. Having insurance companies as middlemen is making them rich, and breaking the system.
Yes, it's single payer. It's what Dems have wanted for 20 years, and wanted ObamaCare to be.
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