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The GQP Thread: Cause the other one is broken.

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ScoobyDoo said:
I think the grift continues on after Trump. He will be made a martyr by the right and they will continue to vote in lockstep with his ideals. This country is boned if Republicans gain power over two of the three branches of Government again. Right now it's a tie cause the legislature is a tie.
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Unless we strip the fascists of every shred of power, and then the conservatives in American put on their big girl panties and banish them, when Dump dies he will ascend to heaven as the Right's Kim Il Sung. He will always be their One True God, cruelly betrayed by socialists, atheists, and < current outgroup here >.
 
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Kepler said:
I heard this in the voice of Patrice O'Neal.
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[With reverence] Patrice O'Neal. *takes off hat*

oJs_r7.gif
 
FadeToBlack&Gold said:
"The economy added 324,000 jobs in July; So why does it feel like it didn't happen?"
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The other thing people will never quite understand is the difference between net jobs and layoffs. In a normal month there are typically over a million layoffs. So while there are 1-2 million people having a really sh_)tty month, there are 1.3-2.3 million people who had better months. The media focuses in on "Microsoft laid off 10,000 employees this month!" but fails to note that almost all are rehired quickly. Those that aren't are typically going to experience relatively long unemployment.

The graph below is why Larry Summers (and anyone else who refers to the Phillips Curve with anything other than utter contempt) should probably never be allowed to touch anything related to the economy ever again.

fredgraph.png
 
dxmnkd316 said:
The other thing people will never quite understand is the difference between net jobs and layoffs. In a normal month there are typically over a million layoffs. So while there are 1-2 million people having a really sh_)tty month, there are 1.3-2.3 million people who had better months. The media focuses in on "Microsoft laid off 10,000 employees this month!" but fails to note that almost all are rehired quickly. Those that aren't are typically going to experience relatively long unemployment.

The graph below is why Larry Summers (and anyone else who refers to the Phillips Curve with anything other than utter contempt) should probably never be allowed to touch anything related to the economy ever again.

fredgraph.png
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Larry Summers is a f-cking embarrassment. I’m disappointed Biden ever courted him. He was wrong about inflation, and even more wrong about the solution.
 
dxmnkd316 said:
Obama?
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Well, yes, but I meant when Summers was screaming “Inflation inflation inflation” in 2021 because “stimulus stimulus stimulus” (it wasn’t the stimulus). Then, when inflation lasted longer than a couple months, Biden’s economists were viewed as wrong and Summers as right, Biden reached out to Summers for counsel/advice on how to combat the inflation. Now that it’s fairly apparent that inflation was transitory, Summers looks even dumber than he did in 2021.
 
psych said:
Well, yes, but I meant when Summers was screaming “Inflation inflation inflation” in 2021 because “stimulus stimulus stimulus” (it wasn’t the stimulus). Then, when inflation lasted longer than a couple months, Biden’s economists were viewed as wrong and Summers as right, Biden reached out to Summers for counsel/advice on how to combat the inflation. Now that it’s fairly apparent that inflation was transitory, Summers looks even dumber than he did in 2021.
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Ok, gotcha. I was going to say, I don't remember Summers being in the Biden admin. I also didn't hear that Biden gave him a call.

I wouldn't say I'm disappointed in Biden for calling him. I'd rather he have a bunch of different perspectives. Even if some of them are blatantly corporation-centric, like Summers. I'd be disappointed if Biden appointed him to a position within the administration officially or had him leading a team to combat inflation. But I think i'm picking nits here.

I think we both agree that Summers sucks. :-)
 
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