Announcement

Collapse
No announcement yet.

POTUS 46.10: A New Hope

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Joe deserves credit for helping Maine’s economy https://www.wsj.com/us-news/law/how-...erica-45b7b598
    Originally posted by BobbyBrady
    Crosby probably wouldn't even be on BC's top two lines next year

    Comment


    • I think another issue with our economic situation is that it doesn't feel good to many/most people. Numbers are confusing (and the right wing media is going crazy whining about the economy and the non-right wing media is just pushing drama, real or imagined), but what is not confusing is that food costs more than it did a year or two ago. I have friends who have to budget far more carefully than they did pre-Covid. And who gets the blame and credit for how the economy is and how it feels? The guy on top.

      So things cost more. Salaries haven't risen to match. You have the media telling you either it's TEH WORSTE!1! or some watered down version of that. Yeah, everyone has a job, but that's a low bar...
      I gotta little bit of smoke and a whole lotta wine...

      Comment


      • Originally posted by Swansong View Post
        I think another issue with our economic situation is that it doesn't feel good to many/most people. Numbers are confusing (and the right wing media is going crazy whining about the economy and the non-right wing media is just pushing drama, real or imagined), but what is not confusing is that food costs more than it did a year or two ago. I have friends who have to budget far more carefully than they did pre-Covid. And who gets the blame and credit for how the economy is and how it feels? The guy on top.

        So things cost more. Salaries haven't risen to match. You have the media telling you either it's TEH WORSTE!1! or some watered down version of that. Yeah, everyone has a job, but that's a low bar...
        This is exactly the idea that I've tried bringing up around here several times over the past 6-8 months.

        But I get told that others see more people taking cruises so people clearly have cash to burn. Or that the blame just gets pushed onto "corporate greed" and that I need to be angry at the mega corporations. I get that, but there is also no visible solution or help available on that front. That's the issue. People just deflect the narrative of those that are feeling the pressure because it hurts THEIR narrative.

        Yes, the economy is doing great. But it really is starting to feel like a bunch of people who own homes saying that homelessness isn't a problem since THEY don't see homeless people on their block. People are feeling the crunch and it very well could come back to wreck the D's ticket in 12 months unless things change and change soon.
        It's never too early to start the Pre-game festivities

        Go Cats!!! GO BLACKHAWKS!

        Cuck the Fubs... Let's Go WHITE SOX!!!

        Wildcat Born, Wildcat Bred....

        Comment


        • Originally posted by Handyman View Post
          And I know the usual refrain is "Democrats are bad at messaging" but that isn't it. It is amazing the double speak you will see in any article about the economy. Even ones with honest headlines like say Axios or Vox will talk about the good news then make sure to add a couple paragraphs of how things probably will go bad next quarter (the Biden Recession is the new Trump Infrastructure Week!) with varying levels of doom and gloom basically offsetting the good news and making it seem worse than it is. And it is not just telling both sides, it is a complete repudiation in many cases, the type of spin you are more likely to see from opinion columnists not actual journalists. Then, when questioned about it, they just can't seem to figure out why people don't feel better about the economy than they do.
          The MSM is completely sackless. They all hedge their bets to create the appearance of "fairness", and so that they don't have to backtrack on the small chance that some unforeseen event (like another pandemic, or a major terrorist attack) actually does cause a recession. "See? We told you so!"

          Comment


          • Originally posted by ScoobyDoo View Post
            It appears that all Big Media is in on the grift. Even the ones I like. It's depressing. It's sad. And it's infuriating.
            Would that be the "liberal media"?
            What kind of cheese are you planning to put on top?

            Comment


            • Originally posted by Slap Shot View Post
              What's annoying about the typical discussion about the "economy" is that by all accounts the "economy" is humming along. GDP has been fantastic of late, the IR is 3.2% against an average of 3.3% going back to (I think) 1914 or something like that. It's predicted to go down again into 2025 as well.

              Yes many people are living paycheck to paycheck, but that's always going to happen and it's not going to get better until DC walks back much of the damage done by Reaganomics.

              What the real conversation should be about is not the economy but wages, and why corporations continue to absurdly award their top executives at the expense of 90% of the people on their payroll.
              Saw a headline yesterday about how the "Trump tax cuts are soon to expire, and how much more you're going to pay"

              I'm gonna wager that since the Trump tax cuts were geared toward big business and the wealthy, that it's not gonna be much.
              What kind of cheese are you planning to put on top?

              Comment


              • Originally posted by rufus View Post

                Saw a headline yesterday about how the "Trump tax cuts are soon to expire, and how much more you're going to pay"

                I'm gonna wager that since the Trump tax cuts were geared toward big business and the wealthy, that it's not gonna be much.
                I wish we could have real, logical tax policy in the United States but that will never happen.
                **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                Originally Posted by dropthatpuck-Scooby's a lost cause.
                Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

                Comment


                • Originally posted by ScoobyDoo View Post

                  I wish we could have real, logical tax policy in the United States but that will never happen.
                  Cornell University
                  National Champion 1967, 1970
                  ECAC Champion 1967, 1968, 1969, 1970, 1973, 1980, 1986, 1996, 1997, 2003, 2005, 2010
                  Ivy League Champion 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1977, 1978, 1983, 1984, 1985, 1996, 1997, 2002, 2003, 2004, 2005, 2012, 2014, 2018, 2019, 2020

                  Comment


                  • Originally posted by ScoobyDoo View Post

                    I wish we could have real, logical tax policy in the United States but that will never happen.
                    We are all ears to hear your outline on this "real, logical tax policy". While you are at it, could you also outline "comprehensive immigration reform"?

                    Comment


                    • Originally posted by RaceBoarder View Post
                      But I get told that others see more people taking cruises so people clearly have money to burn.
                      it really is starting to feel like a bunch of people who own homes saying that homelessness isn't a problem since THEY don't see homeless people on their block.
                      Bingo, spot on. Thank you for giving a reality check here, very refreshing.

                      Comment


                      • Originally posted by RaceBoarder View Post

                        This is exactly the idea that I've tried bringing up around here several times over the past 6-8 months.

                        But I get told that others see more people taking cruises so people clearly have cash to burn. Or that the blame just gets pushed onto "corporate greed" and that I need to be angry at the mega corporations. I get that, but there is also no visible solution or help available on that front. That's the issue. People just deflect the narrative of those that are feeling the pressure because it hurts THEIR narrative.

                        Yes, the economy is doing great. But it really is starting to feel like a bunch of people who own homes saying that homelessness isn't a problem since THEY don't see homeless people on their block. People are feeling the crunch and it very well could come back to wreck the D's ticket in 12 months unless things change and change soon.
                        Pretty sure even prices for groceries have been dropping. The MSM was even talking about that the other day. (and how that doesn't help Biden somehow)

                        I do enjoy your idea that all of us have no friends that don't own homes and we are all just sitting on our porches laughing at the whining of the unwashed masses while sipping high end scotch or something. Nevermind that I am a teacher/bartender who currently has 3 jobs just to make ends meet...what would I possibly know about how the Average Joe lives? I mean sure my 76 year old dad can't afford not to work because he lives on Social Security and my mom is unable to work due to disability issues...obviously we are just living high on the hog baby!

                        Or...

                        Maybe things aren't as bad as people think they are. Sorry but again if things are so bad and people can't afford the basic necessities why is spending up? And no I don't mean "why are they spending more dollars" because that could be argued as being due to Inflation...volume of sales is rising too! TSA is warning everyone this could be one of the most heavily travelled holiday seasons in quite some time. Black Friday and Cyber Monday and Small Business Saturday were all huge boons even the Negative Nancies admit it. Sorry but that doesn't square with the "OMG WE ARE ALL BROKE!1!1" mantra I hear from some people. It isn't like the deals were that great so how exactly does that work? And it isn't just me and my rich (hah!) friends buying things either it appears to be across the board.

                        There are disturbing economic factors that are worthy of the gnashing of teeth and the ire of the average voter but the price of gas and groceries is not it I am sorry. You wanna whine it costs too much to own a home or buy one...trust me I got your back! Want to tell me that the Fed is screwing up every quarter with the way they deal with Inflation and interest rates I will carry you on my shoulders so you can shout it to the masses. But if you want to pretend that the price of eggs is some sort of indicator that things are worse than they seem I will kindly point you in the direction of the courts and show you proof that this crap is all because a bunch of rich corporate phucks are squeezing our teets dry. It is happening all over the place...they don't even hide it.

                        Look, I dont mean to sound like a pr!ck (I am quite good at it though ;^) ) but I am just tired of this. Our inflation rate is lower than most if not all of the Western World these days yet they aren't whining nearly as bad as we are. Everyone is blaming the Dems for it but no one can articulate exactly what Biden can do to fix the problem. He can't force the Fed's hand, he can't stop companies from gouging by waving his hands. And I am sorry but anyone who risks putting the GOP back in charge isn't worth the time to talk to. Blaming the Dems for what is happening is so out of touch it is mindboggling. If you have a job but aren't getting paid well enough to live how is that the fault of the Dems and not the company you work for? Some people just dont see the forest from the trees.
                        "It's as if the Drumpf Administration is made up of the worst and unfunny parts of the Cleveland Browns, Washington Generals, and the alien Mon-Stars from Space Jam."
                        -aparch

                        "Scenes in "Empire Strikes Back" that take place on the tundra planet Hoth were shot on the present-day site of Ralph Engelstad Arena."
                        -INCH

                        Of course I'm a fan of the Vikings. A sick and demented Masochist of a fan, but a fan none the less.
                        -ScoobyDoo 12/17/2007

                        Comment


                        • The issue is that almost no one is acknowledging the problem you mentioned: Corporate Greed. And when it comes up, it just gets brushed off.

                          People point to the graphs that show that the economy is doing well and just shrug their shoulders. The Dems have a perfect opportunity to scream from the mountain top that these mega corporations are bending America over the kitchen chair. They have a perfect enemy to blame things on, but choose not to.

                          That is where the frustration comes from, cause I know we WILL lose votes as a result. It feels like I'm just being brushed aside because I make enough to not need public aid, but I also don't make enough to just swipe the charge card at the grocery store without thinking. This is how Rs make gains.
                          It's never too early to start the Pre-game festivities

                          Go Cats!!! GO BLACKHAWKS!

                          Cuck the Fubs... Let's Go WHITE SOX!!!

                          Wildcat Born, Wildcat Bred....

                          Comment


                          • Originally posted by RaceBoarder View Post
                            The issue is that almost no one is acknowledging the problem you mentioned: Corporate Greed. And when it comes up, it just gets brushed off.

                            People point to the graphs that show that the economy is doing well and just shrug their shoulders. The Dems have a perfect opportunity to scream from the mountain top that these mega corporations are bending America over the kitchen chair. They have a perfect enemy to blame things on, but choose not to.

                            That is where the frustration comes from, cause I know we WILL lose votes as a result. It feels like I'm just being brushed aside because I make enough to not need public aid, but I also don't make enough to just swipe the charge card at the grocery store without thinking. This is how Rs make gains.
                            Most Dems won’t talk about it because they know who is buttering their bread. Clinton is partially why we are where we are with those stupid capitol gains tax cuts.

                            But as a team, we all need to get past 2024, and let the Rs rupture and blow up before going full progressive. One more election.

                            We also need to get past whiny Bernie and toward serious AOC.

                            Comment


                            • Originally posted by Swansong View Post
                              I think another issue with our economic situation is that it doesn't feel good to many/most people. Numbers are confusing (and the right wing media is going crazy whining about the economy and the non-right wing media is just pushing drama, real or imagined), but what is not confusing is that food costs more than it did a year or two ago. I have friends who have to budget far more carefully than they did pre-Covid. And who gets the blame and credit for how the economy is and how it feels? The guy on top.

                              So things cost more. Salaries haven't risen to match. You have the media telling you either it's TEH WORSTE!1! or some watered down version of that. Yeah, everyone has a job, but that's a low bar...
                              I've had a theory for while:
                              a moron can understand a zeroth-order function. Position. Something exists.

                              An average person can understand a first-order derivative. Speed. Something is moving. It's still quantifiable.

                              An above average person can probably understand a second-order derivative and quantify it. Acceleration. Its speed is now changing.

                              A well above average person can probably understand a third-order derivative. Jerk. Its acceleration is accelerating. I think most of us get this or at least could figure it out.

                              Beyond that, thar be monsters.

                              Anyways. Most people have at least a half-baked understanding that inflation is the cost of something moving. But it seems that few understand the difference between decelerating inflation and just... inflation.

                              The average dumb**s also wants prices to go back to where they were in 2019 and doesn't understand why that's really bad and the fed will do whatever it takes to prevent that.
                              Code:
                              As of 9/21/10:         As of 9/13/10:
                              College Hockey 6       College Football 0
                              BTHC 4                 WCHA FC:  1
                              Originally posted by SanTropez
                              May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                              Originally posted by bigblue_dl
                              I don't even know how to classify magic vagina smoke babies..
                              Originally posted by Kepler
                              When the giraffes start building radio telescopes they can join too.
                              He's probably going to be a superstar but that man has more baggage than North West

                              Comment


                              • Originally posted by Handyman View Post

                                Pretty sure even prices for groceries have been dropping. The MSM was even talking about that the other day. (and how that doesn't help Biden somehow)

                                I do enjoy your idea that all of us have no friends that don't own homes and we are all just sitting on our porches laughing at the whining of the unwashed masses while sipping high end scotch or something. Nevermind that I am a teacher/bartender who currently has 3 jobs just to make ends meet...what would I possibly know about how the Average Joe lives? I mean sure my 76 year old dad can't afford not to work because he lives on Social Security and my mom is unable to work due to disability issues...obviously we are just living high on the hog baby!

                                Or...

                                Maybe things aren't as bad as people think they are. Sorry but again if things are so bad and people can't afford the basic necessities why is spending up? And no I don't mean "why are they spending more dollars" because that could be argued as being due to Inflation...volume of sales is rising too! TSA is warning everyone this could be one of the most heavily travelled holiday seasons in quite some time. Black Friday and Cyber Monday and Small Business Saturday were all huge boons even the Negative Nancies admit it. Sorry but that doesn't square with the "OMG WE ARE ALL BROKE!1!1" mantra I hear from some people. It isn't like the deals were that great so how exactly does that work? And it isn't just me and my rich (hah!) friends buying things either it appears to be across the board.

                                There are disturbing economic factors that are worthy of the gnashing of teeth and the ire of the average voter but the price of gas and groceries is not it I am sorry. You wanna whine it costs too much to own a home or buy one...trust me I got your back! Want to tell me that the Fed is screwing up every quarter with the way they deal with Inflation and interest rates I will carry you on my shoulders so you can shout it to the masses. But if you want to pretend that the price of eggs is some sort of indicator that things are worse than they seem I will kindly point you in the direction of the courts and show you proof that this crap is all because a bunch of rich corporate phucks are squeezing our teets dry. It is happening all over the place...they don't even hide it.

                                Look, I dont mean to sound like a pr!ck (I am quite good at it though ;^) ) but I am just tired of this. Our inflation rate is lower than most if not all of the Western World these days yet they aren't whining nearly as bad as we are. Everyone is blaming the Dems for it but no one can articulate exactly what Biden can do to fix the problem. He can't force the Fed's hand, he can't stop companies from gouging by waving his hands. And I am sorry but anyone who risks putting the GOP back in charge isn't worth the time to talk to. Blaming the Dems for what is happening is so out of touch it is mindboggling. If you have a job but aren't getting paid well enough to live how is that the fault of the Dems and not the company you work for? Some people just dont see the forest from the trees.
                                It's not just that we have low inflation relative to the average country, but we have incredible real GDP growth to boot. We just saw last quarter revised up to 5.2%. Outside of 2021, we haven't seen 5.2% since 2000 and before that it was around '85. So twice in my lifetime.

                                The problem is the knuckledraggers keep electing lobbyists for the plutes. If margins went back to 2019 levels we'd probably have real wage growth that would be as good as we've seen it since the boom.
                                Code:
                                As of 9/21/10:         As of 9/13/10:
                                College Hockey 6       College Football 0
                                BTHC 4                 WCHA FC:  1
                                Originally posted by SanTropez
                                May your paint thinner run dry and the fleas of a thousand camels infest your dead deer.
                                Originally posted by bigblue_dl
                                I don't even know how to classify magic vagina smoke babies..
                                Originally posted by Kepler
                                When the giraffes start building radio telescopes they can join too.
                                He's probably going to be a superstar but that man has more baggage than North West

                                Comment

                                Working...
                                X