Um...no. There are so many lies on the right and from independents today that that would NEVER fly.
Voters have to take lies and spin into account and decide for themselves what sounds reasonable and then vote accordingly.
Trumpers are out of their minds, so there's that. Qanon believers. They state that Biden is senile yet he was so adept in 2020 that he stole the election without a trace! Fools, but worse than fools as fools can be sweet and entertaining. These Trumpers are afflicted with a cavernous stupidity so boundless it boggles the mind. Dumb and dangerous. If they were just dumb, I wouldn't care so much, but when they show such fealty to an autocrat who doesn't respect the rule of law, that's a big problem. Dumb people can't be in charge, and they won't be. Trump will never win another election in his life.
Well, I don't know anything about all that stuff, Fluffpole. Alls I'm saying is that the Constitution is really broad. Our Found Fathers, who killed for our right to manifest exceptionalism, made it broad specifically for exigencies like this one, where the national media conspired to keep the decent, Christ-fearing public in a state of uncultivated density and ignorance as they roamed in their day to day squalor.
You have a muddled brain with which I am not interested in engaging. You have a nice day.
And the LFPR is still below pre pandemic levels. So jobs going unfilled because people dropped out due to excess stimulus is not a good thing. One reason why we’re in a recession…when people don’t add to economic activity the gdp is lower, tax revenue is lower, etc. You Biden sycophants really need a lesson in simple logic and simple math.
and if those jobs were filled, inflation would be even higher and you would cry even more.
Huh. Inflation is high, in part, because we have excess money and constrained supply. If those people were working supply chains might be in better shape.
You’re conflating the loss of jobs as a likely side effect of fighting inflation with lots of jobs being the cause of inflation.
So Joe is headed to Philadelphia Thursday to give a speech about all the threats out there to our democracy. The guy who doesn’t have the legal authority to waive the repayment of student loans is going to talk about other people being a threat to the system. The guy who deliberately doesn’t enforce the immigration laws is going to point fingers at other people. Divide the country in an attempt to win an election is all. A sad, sorry, career politician with zero leadership skills AND that was before he got dementia.
It is hard to imagine how crazy you’d have to be to vote for the demented Joetato two years from now.
I think what we’re doing now is better than cutting taxes for rich people which is the entirety of the Republicans plan. I would vote for a golden retriever before I vote for cutting taxes for rich people.
And yet before the pandemic there was low unemployment, higher participation rates, low inflation and wages going up faster than inflation. And wages were going up fastest, percentage wise, for the lowest earners…the wage gap actually shrinking!
and if those jobs were filled, inflation would be even higher and you would cry even more.
Huh. Inflation is high, in part, because we have excess money and constrained supply. If those people were working supply chains might be in better shape.
You’re conflating the loss of jobs as a likely side effect of fighting inflation with lots of jobs being the cause of inflation.
yeah nah to reduce inflation we need less demand. In short, with Joe as president Americans are so rich they are buying too much stuff, driving up prices. To have ANOTHER 11 million people working and spending paychecks would push prices even higher.
Supply chains are fixing quickly but still at elevated levels. Would 11 million Americans working solve it? I doubt it give the amount of stuff made elsewhere and imported. More likely the extra demand from more workers would just goose inflation.
Finally, there are more people working now as there were just before COVID. So there are no 'lost jobs.'
Huh. Inflation is high, in part, because we have excess money and constrained supply. If those people were working supply chains might be in better shape.
You’re conflating the loss of jobs as a likely side effect of fighting inflation with lots of jobs being the cause of inflation.
yeah nah to reduce inflation we need less demand. In short, with Joe as president Americans are so rich they are buying too much stuff, driving up prices. To have ANOTHER 11 million people working and spending paychecks would push prices even higher.
Supply chains are fixing quickly but still at elevated levels. Would 11 million Americans working solve it? I doubt it give the amount of stuff made elsewhere and imported. More likely the extra demand from more workers would just goose inflation.
Finally, there are more people working now as there were just before COVID. So there are no 'lost jobs.'
I think what we’re doing now is better than cutting taxes for rich people which is the entirety of the Republicans plan. I would vote for a golden retriever before I vote for cutting taxes for rich people.
And yet before the pandemic there was low unemployment, higher participation rates, low inflation and wages going up faster than inflation. And wages were going up fastest, percentage wise, for the lowest earners…the wage gap actually shrinking!
yeah then we HAD A GLOBAL PANDEMIC like we haven't seen in over 100 years. A million Americans died and the economy was shut down for months.
The world is healing but it takes time. The inflation we are seeing is a result. We're lucky to have the V shaped recovery we've had.
Well, I don't know anything about all that stuff, Fluffpole. Alls I'm saying is that the Constitution is really broad. Our Found Fathers, who killed for our right to manifest exceptionalism, made it broad specifically for exigencies like this one, where the national media conspired to keep the decent, Christ-fearing public in a state of uncultivated density and ignorance as they roamed in their day to day squalor.
You have a muddled brain with which I am not interested in engaging. You have a nice day.
FlagPol cuts and runs. Pulls up the tent poles and beats a path back to the Winnebago. He retreats like a Russian in summer. Flagpol waves a white flag, and dives into his safespace like a gopher. Instinctively, when he feels his emotional security is on jeopardy, Flagpole throws up a skunkscreen and skulks back to the den of neo-woke sloganeering.
yeah nah to reduce inflation we need less demand. In short, with Joe as president Americans are so rich they are buying too much stuff, driving up prices. To have ANOTHER 11 million people working and spending paychecks would push prices even higher.
Supply chains are fixing quickly but still at elevated levels. Would 11 million Americans working solve it? I doubt it give the amount of stuff made elsewhere and imported. More likely the extra demand from more workers would just goose inflation.
Finally, there are more people working now as there were just before COVID. So there are no 'lost jobs.'
So the shrinking GDP of the last 6 months is a sign of people buying too much?
obviously complicated but two easy answers:
1) the economy grew a massive, barely precedented 6% in 2021. Companies bought a lot of extra stuff in 2021 because the economy was ripping and roaring and people were spending like mad. Then we got to 2022 and companies were stuck with excess stuff - they had bought too much. So they bought less in the first half of 2022. The negative GDP is the backwash from 2021's boom. It will resolve as the extra stuff gets sold and new orders are placed.
2) GDP is just one measure. GDI and just about every other measure suggests the economy actually grew in the first half of 2022. The massive effect from the Pandemic has made many econ numbers not make much sense. GDP is one of those.
And yet before the pandemic there was low unemployment, higher participation rates, low inflation and wages going up faster than inflation. And wages were going up fastest, percentage wise, for the lowest earners…the wage gap actually shrinking!
yeah then we HAD A GLOBAL PANDEMIC like we haven't seen in over 100 years. A million Americans died and the economy was shut down for months.
The world is healing but it takes time. The inflation we are seeing is a result. We're lucky to have the V shaped recovery we've had.
We spent trillions with PPP to ensure the economy could resume close to normal when the pandemic ended. That was the whole purpose of that bill which Joe Biden had zero to do with.
So the shrinking GDP of the last 6 months is a sign of people buying too much?
obviously complicated but two easy answers:
1) the economy grew a massive, barely precedented 6% in 2021. Companies bought a lot of extra stuff in 2021 because the economy was ripping and roaring and people were spending like mad. Then we got to 2022 and companies were stuck with excess stuff - they had bought too much. So they bought less in the first half of 2022. The negative GDP is the backwash from 2021's boom. It will resolve as the extra stuff gets sold and new orders are placed.
2) GDP is just one measure. GDI and just about every other measure suggests the economy actually grew in the first half of 2022. The massive effect from the Pandemic has made many econ numbers not make much sense. GDP is one of those.
There are numerous other numbers that suggest we’re in a recession. Housing sales, starts and cancellations. Consumer and small business confidence. First time filings for unemployment. Etc. High inflation almost always precedes a recession.
I will agree that some of the numbers don’t make a lot of sense.
yeah then we HAD A GLOBAL PANDEMIC like we haven't seen in over 100 years. A million Americans died and the economy was shut down for months.
The world is healing but it takes time. The inflation we are seeing is a result. We're lucky to have the V shaped recovery we've had.
We spent trillions with PPP to ensure the economy could resume close to normal when the pandemic ended. That was the whole purpose of that bill which Joe Biden had zero to do with.
no serious person thought PPP would get the economy to resume close to normal at the flip of a switch. that's a silly thing to say.
the idea was to keep food on the table when millions were not working and stimulate the economy so it could build back. Remember that the recovery in 2009 from the Bush2 Great Financial Crisis had a relatively slow pace because the stimulus was, in retrospect, too small. The government didn't want to make that same mistake again. So it made the handouts larger.
Of course they made a DIFFERENT mistake, by not understanding the trillions Americans saved and how Fd up supply chains were.
But in a sense it worked....here we are, with more people working now than before covid and the economy grew an astonishing 6% last year. That's an amazing recovery we shoudl all be glad for.
1) the economy grew a massive, barely precedented 6% in 2021. Companies bought a lot of extra stuff in 2021 because the economy was ripping and roaring and people were spending like mad. Then we got to 2022 and companies were stuck with excess stuff - they had bought too much. So they bought less in the first half of 2022. The negative GDP is the backwash from 2021's boom. It will resolve as the extra stuff gets sold and new orders are placed.
2) GDP is just one measure. GDI and just about every other measure suggests the economy actually grew in the first half of 2022. The massive effect from the Pandemic has made many econ numbers not make much sense. GDP is one of those.
There are numerous other numbers that suggest we’re in a recession. Housing sales, starts and cancellations. Consumer and small business confidence. First time filings for unemployment. Etc. High inflation almost always precedes a recession.
I will agree that some of the numbers don’t make a lot of sense.
agreed housing is in recession or likely will be very soon.
but the other stuff does not enter into the discussion - not relevant or false.
Always remember that our news media is obsessed with being even handed. This is a classic example.
And also, virtually every Republicans falsely calls Democrats "Socialists" or "Communists" and the press doesn't even lift an eyebrow.
(if you didn't see, this week Trump demanded to immediately be installed as president and Biden called some of GOP rhetoric 'semi-fascist.'
Adam Weinstein @AdamWeinstein
Biden: It's semi-fascism Trump: It's late August 2022 and I demand to either be declared president or have an immediate 2020 election do-over before the FBI gangsters charge me Assorted pundits: My goodness, I can't believe Biden went there. A very divisive rhetorical choice
Joe Biden tells Pennsylvanians to elect Josh Shapiro as senator (he’s running for governor) and to elect John Fetterman as governor (he’s running for Senate) pic.twitter.com/zDgpESfEMD
Border Patrol Chief Ortiz says consequences are necessary to stem the flow of illegal migrants across the border, according to a video deposition obtained first by Fox News Digital.
We spent trillions with PPP to ensure the economy could resume close to normal when the pandemic ended. That was the whole purpose of that bill which Joe Biden had zero to do with.
no serious person thought PPP would get the economy to resume close to normal at the flip of a switch. that's a silly thing to say.
the idea was to keep food on the table when millions were not working and stimulate the economy so it could build back. Remember that the recovery in 2009 from the Bush2 Great Financial Crisis had a relatively slow pace because the stimulus was, in retrospect, too small. The government didn't want to make that same mistake again. So it made the handouts larger.
Of course they made a DIFFERENT mistake, by not understanding the trillions Americans saved and how Fd up supply chains were.
But in a sense it worked....here we are, with more people working now than before covid and the economy grew an astonishing 6% last year. That's an amazing recovery we shoudl all be glad for.
The money was funneled through businesses and, in part, went to their employees. The idea was to keep businesses viable for when the economy reopened. If the goal was just to keep food on the table businesses wouldn’t have been the conduit for the money.
We don’t have 6% growth now. It would have been an amazing recovery if it wasn’t for Biden’s anti business policies. An the O recovery suffered from the same malady not from the stimulus being too small.