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Cake day: June 7th, 2024

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  • Im certainly not chicago and view myself as keynesian but I take it a bit further and believe currency has no value except when used in a transaction. One thing that annoys me is repbulicans love to say how tax cuts will stimulate the economy and raising them will slow it down but when we have an overheated economy and inflation they don’t propose raising taxes as a solution or reducing debt and going further and making rainy day funds. Democrats to really they just don’t push the stimulus side os much either.




  • Going forward? Maybe and I fear likely. Im over 50. voting for a republican when I was young was not completely crazy. Especially moderate ones in a liberal areas. Believe it or not there used to be institutional biases. Like senators were sorta snooty about the senate to the level they would be with a senator of the opposing party over a house rep from their own party. And party members in congress would be adversarial to their own parties president. A lot of this was a stay in your lane kind of thing. Like woa mr pres thats a congress thing and woa mr rep thats a senate thing. Also legitimately conern for the good of the country over party. If you have the patients read this wikipedia on ross perot https://en.wikipedia.org/wiki/Ross_Perot# you can see he is a conservative rich bastard but then click on the presidential campaign. Higher taxes, investing in education, direct democracy. Granted he was third party stuff but it was a coming out of the conservative side. Back then drug, prostitution, and other victimless crimes legalization was a major part of the libertarian party. Over time the conservative side got worse and worse and voting for them became more and more unacceptable and also made voting third party a dangerous proposition. I was never really for the conservative party but I miss the days when they could be a legitimate option and individuals in the party could be decent.




  • No its not. Interest rates do effect inflation and they are supposed to be lowered due to economic pressures but trump brought them to zero after obama got them back to 3 or 4 percent and he did this before covid. Thus when covid hit lowering rates was not something else they could do. continuing food stamps would help people but would certainly have increased inflation. Now given that interest rates are not the only reason and price gouging was certainly part of it and possibly the major part. They did take action on that though by going after the gouging which is action that tames inflation rather than exacerbates it. He could not have made better moves in realtion to inflation while trump could not have made worse ones.


  • yeah the disinformation was me trying to be clever in my reply. yes it was clearly and insult but since it was one that was based on the idea that the replier has some knowledge about my level of intelligence or how well informed I am (although the statement made ironically usually implies an and when phrased that way) I decided to call it disinformation. IE its my way of saying I am well educated, score well on tests, and have a much broader knowledge set than at least most people I know and I have worked in academia and live in a major metropolitan area (note if you limit it to academia my knowledge set becomes significantly more average)





  • I mean it was doing well vs what was given to them. Its still flabbergasts me the comments of trump for the economy and that biden caused inflation. Inflation started being unusually high in april 2021 and biden took office in january. He did not cause the inflation from 3 months as president. I mean if our system of government needs to run on narratives and not actual truth then I guess trump is the least of our problems.