Search results

Is there some conspiracy theory Im not aware of here? All those gubmint employees and bankers fudging the numbers again?

What's hypocritical about it? The CARES ACT came when everything was in a tailspin and unknowns. Now, Americans are flush with more cash than ever. It'd be stupid to send those not in need additional $1,200 checks. Good on the R party for being responsibke and not caving to Pelosis insanity...

And that's just one vaccine manufacturing company!

Vaccines can prevent disease. Moderna just released results claiming theirs is 94.5% effective. And, they can ramp up production instantly and have the entire nation pricked in short order!

When I said "the nation needs to heal" is baby talk meaning "we are currently passified and will stop our incessant divisiveness", I was being?

It was predicted months ago that a vaccine would be out and the Covid scare would quickly fade away as soon as Trump loses the election. We are there, and the coincidence is happening. Now, No Mask November. Sick of these things ! (j/k)

People keep clinging to far outdated economic thought. This isn't your grandfather's economy, and as we've seen for the last two decades of economic rules being broken, the old addages no longer apply. We have massive disinflationary forces, GDP growth is anemic as is population growth...

Most of this is a given, and beside the point. The economy didnt overheat. It wasnt a rational concern.

Chart needs to be updated to keep up with vfc the times. You need to include George Floyd was killed by police, pressure to the trapezius asphyxiates 38 minutes later, police didn't have a 4 foot thick file on Breonna Taylor's drug activities, global warming will kill us all by 2030, white kid...

Sure. I didn't see where overheating economy had a place in a rant that is essentially the traditional Chicago school critique of Keynesianism.

This is far from accurate. Trump tried to politicize the Fed and failed. They were raising rates for no economic reasons whatsoever, but because of preconceived notion/belief that we must get back to "normal", and because nobody has a ****ing clue what full employment is anymore. They tried...

What?

Why worry about something that's not remotely concerning?

I reluctantly made a bet on Biden. Not reluctant because I think theres a chance I'll lose but because I feel bad that it's like taking candy from a baby. I offered up 2:1 after the fact just to make it slightly more fair.

Eh, I don't see that issue. Anyone can get a roth 401k easy enough. My issue is the regressive nature of it all. Too poor to save? No match. Don't make much and can't contribute maximum? Lower tax break today.

Something that I'm really excited for is the Biden 401k proposal. I've viewed the current 401k treatment as massively inequitable ever since I was I was enough to get one, most specifically how they are by and large an employer match.

I was using wealth effect in the classical sense - the effect on aggregate demand.

Gotcha. I assumed you knew there wasn't much acceleration, at least nothing a. statistically significant relative to the past 10-20 year q.o.q or y.o.y growth, and b. if there was acceleration (over Obama Era), it was nothing more than a brief blip. (There isn't much of a multiplier effect...

You seem to be insinuating that TCJA had zero stimulating effect, and essentially that the economy has very static characteristics. Or, I could take your statement to infer that TCJA likely countered a faultering economy, even if it didn't accellerate it much beyond the prior rate of...

I thought Season 1 was excellent.