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I think what you are really asking is what if a higher portion of production went to the working class instead of the rich. You can do the math to figure that out, but you'll have to do your best gestimation to account for lower production and thus higher prices. Say, take away 1/2 of the 1%...

It would mean less production, a smaller pie to divy up. Also, there is an old idea where retiring is good for the economy because one person steps aside which creates a higher paying job for another. It's an old economic fallacy but I don't remember the term for it. Also, wages have been...

There are six measures, plus we track labor participation rate . U6 includes all those you listed, unless they no longer want work.

Why don't smiley face emojis show up anymore?

I want my free cheese wah. The CARES ACT further divided the haves and have nots in this country. The only people who support a second Trump or Pelosi version are greedy ****bags and clueless rednecks. Mitch McConnell is a liberal hero for stopping that trash, but these partisan hacks are too...

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People keep clinging to far outdated economic thought.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.