The universe heard me. After complaining impotently on the internet about the phenomenon of sanctions and then I turn on the radio and hear a long story about the growth and overuse of sanctions!
You seemed to think too highly of yourself breh. Get off the donkey and touch the ground every now and then.
Sanctions are essentially war by other means. Even though I agree that they are overused and I’m more for free trade I would rather see sanctions than military action.
Okay so we lost 1.3 million native born and only added 635K foreign born. Yet somehow 142K jobs were added according to the jobs report.
I wouldn't be surprised if ZeroHedge is one of those channels paid by Russia. They consistently spread misinformation and Russian propaganda. They've been pushing the 'native-born losing jobs' false narrative for months, if not years. Some posters here are still suckers for it. For those who consume it: garbage in, garbage out. https://mediabiasfactcheck.com/zero-hedge/ Bias Rating: RIGHT CONSPIRACY/PSEUDOSCIENCE Factual Reporting: LOW Country: Bulgaria Analysis / Bias A quote from a New Yorker article summarizes the blog’s political stance, which Lokey told Bloomberg is: “Russia=good. Obama=idiot. Bashar al-Assad=benevolent leader. John Kerry= dunce. Vladimir Putin=greatest leader in the history of statecraft.” ZeroHedge’s content has been classified as “alt-right” and has been criticized for presenting conspiracy theories. In review, ZeroHedge publishes pro-right wing/Trump articles such as Pat Buchanan: “Trump Calls Off Cold War II.” As well as fake news stories regarding liberals: Anti-Trump Protesters Bused Into Austin, Chicago. Editorial content is written under the pseudonym Tyler Durden and usually focuses on conspiracies related to economic collapse. Zero Hedge sources from factually mixed think tanks such as The Mises Institute, which promotes Austrian (Anarcho-Capitalism) economics....
Sanctions are more of a half measures The natives need to get off their entitled asses and compete eh?
it'd take a very ill-informed person to spread the lies concocted by Russian-backed sources, such as ZeroHedge; tallanvor meets that requirement ZeroHedge has financial ties to a Bulgarian-based pro-Russia right-wing conspiracy theory website Strogo Sekretno ("Top Secret"), Right Wing influencer network posted by losers was actually a bunch of Russian Dupes Is Zero Hedge a Russian Trojan Horse? U.S. Accuses Zero Hedge of Spreading Russian Propaganda
The Biden/Harris administration has bet that reviving American manufacturing — through hefty subsidies in the Inflation Reduction Act and CHIPS Act — will help it rebuild the Midwestern Blue Wall that Donald Trump toppled in 2016 with his populist economic rhetoric. In Michigan, the Democratic Senate nominee, Rep. Elissa Slotkin, is making that the center of her pitch to voters, consistently repeating the line that Michigan has 44 new factories under construction today, after decades of industrial decline. That message has gained traction, such that the Trump campign has shifted / back-pedaled its message on the IRA. Has MAGA gone communistic, converging with Bidenomics / Kamalanomics? On Thursday, Trump’s former trade chief Robert Lighthizer gave the latest indication, telling reporters that a second Trump administration would consider keeping “certain parts” of the IRA in place — even if the “general” position of Republicans would be to push for a repeal for most of the law.
Trump has gone full communist, proposing actual, real price controls on credit card rates. Where is EndWokeness, @AroundTheWorld, when you need them?
We all know that Trump's plan is a disaster for the economy. Economists quantify it, and it's worse than we thought. Trump's plans would cause inflation to climb 4.1% to 7.4% higher by 2026, and consumer prices to rise between 20% and 28% by 2028. Trump’s plans for deportations, tariffs and the Fed will jack up inflation, economists say - MarketWatch https://www.piie.com/blogs/realtime...-plans-deportations-tariffs-and-fed-damage-us The US inflation rate climbs to between 4.1 and 7.4 percentage points higher than otherwise by 2026. That means, on top of baseline inflation of 1.9 percent, inflation peaks then at between 6 and 9.3 percent. By 2028, US consumer prices generally are between 20 and 28 percent higher. The inflation rate settles at 2 percentage points above baseline, or almost 4 percent, from 2034 through 2040 (figure 3). US real GDP will be between 2.8 and 9.7 percent lower than baseline by the end of Trump’s four-year term in 2028. GDP recovers a bit thereafter but remains lower through 2040 (figure 1).
Harris Is Making a 'Capitalist' Pitch to Boost the Economy as Trump Pushes Deeper Into Populism https://finance.yahoo.com/news/this-week-in-bidenomics-kamalanomics-looks-better-140003887.html THE 2017 TAX CUTS FOR INDIVIDUALS, WHICH EXPIRE AT THE END OF 2025 Harris Supports the Biden plan to allow all tax cuts to expire except for households earning less than $400K Trump wants Extend or make permanent all the 2017 tax cuts CORPORATE TAXES Harris wants to Raise the corporate tax rate from 21% to 28% Trump wants to Lower the corporate tax rate from 21% to 15% TRADE Harris will Continue to restrict high-technology exports to China and sustain 100% tariffs on Chinese electric vehicles Impose a 10% to 20% tariff on most imports and a 60% tariff on imports from China CHILD CARE Harris wants A new $6,000 tax credit for families with newborns; expand the child tax credit by up to $3,600 per child Other than saying "child care is child care", Trump doesn't even have a concept of a plan HEALTHCARE Harris wants to Extend or make permanent temporary subsidies for higher-income Americans to buy insurance through the Affordable Care Act; forgive some medical debt Trump has a concept of a plan to replace ObamaCare HOUSING harris wants to Enact a $25,000 subsidy for first-time home buyers; establish incentives and reforms to help build 3 million additional homes Trump Pressure the Federal Reserve to keep interest rates low, ease regulations, open federal land to development SMALL BUSINESS harris wants to Expand startup tax credit from $5,000 to $50,000 Trump has a concept of a plan to slash regulations DRUG PRICES harris will continue to Defend a 2022 law requiring Medicare to negotiate the prices of certain drugs with manufacturers Trump is Unclear, not even having a concept of a plan 10-YEAR EFFECT ON THE NATIONAL DEBT* Harris's economic agenda will increase debt by 2 trillion larger tax revenue from entities with income > $400k Trump's will increase debt by $4 Trillion, attributable to smaller tax revenue from entities with income > $400k
To add under Drug prices Trump has falsely claimed that he reduced insulin prices when that happened under Biden.
Harris wants A new $6,000 tax credit for families with newborns; expand the child tax credit by up to $3,600 per child to extend or make permanent temporary subsidies for higher-income Americans to buy insurance through the Affordable Care Act; forgive some medical debt to Enact a $25,000 subsidy for first-time home buyers; establish incentives and reforms to help build 3 million additional homes
Wages: +4% in past year (vs. 2.5% inflation) July & August revised up. ZeroHedge and the Russian propaganda machine are busy tweeting, just as they claim with FEMA money, that the new jobs and wage increases are all going to immigrants. U.S. Hiring Blew Past Expectations, Adding 254,000 Jobs in September The unemployment rate ticked down to 4.1% last month https://www.wsj.com/economy/jobs/jobs-report-september-unemployment-economy-dfa7c99f "With stronger than expected data from this month's jobs report, the GDP rate hovering at 3%, and jobless claims at their lowest in months, we have arrived at the soft landing the American economy has been hoping for," noted Eric Roberts, executive director at financial services firm Fiera Capital.
This is the type of news that will damper Trump's advantage in voters's minds on the economy. Two months ago the rate was revised downward but that is being made up. Edit: revised upward
I guess it depends if the voters believe the upswing. Hopefully independent voters see the truth of it. Trumpers are doing their best to flood the zone with lies, to at least create doubt and make people feel bad about life and the country.
