Economic News Thread | Fed Quarter Point rate cut

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heelinhell said:
Liberal = someone who promotes progressive ideals but realizes that to actualize those ideals means pursuing incremental change at a pace that the country is able to metabolize

Leftist ( shithead or otherwise) = someone who promotes progressive ideals but is naive and does not realize that our country cannot metabolize change at the speed of light
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This is missing the key differences in economic belief between liberals and leftists. Liberals are capitalists, leftists are critical of capitalism and propose alternate economic systems altogether.

I don’t think you’ll find many liberals, arrogant or otherwise, who advocate for worker control of the means of production (outside of extremely limited contexts).
 
CRHeel94 said:
Ummm no it doesn't.

How much to tax and how much to spend is the vital question for any government (not just the US government). There are many routes to fiscal responsibility.

It's not like I'm taking some extreme position here. Do you really believe that all federal spending is sane?
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No, I believe the amount of federal spending on defense is insane.
 
Paine said:
This is missing the key differences in economic belief between liberals and leftists. Liberals are capitalists, leftists are critical of capitalism and propose alternate economic systems altogether.

I don’t think you’ll find many liberals, arrogant or otherwise, who advocate for worker control of the means of production (outside of extremely limited contexts).
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Well damn, I thought I mike like some of those lefties but now you are saying they are a bunch of socialists when it comes to production. It's like sitting in a 3 stall bathroom. On one side of me is a constipated liberal making ungodly grunts and noises, and on the other side of me is the leftist who has explosive diarrhea.
 
Callatoroy said:
Well damn, I thought I mike like some of those lefties but now you are saying they are a bunch of socialists when it comes to production. It's like sitting in a 3 stall bathroom. On one side of me is a constipated liberal making ungodly grunts and noises, and on the other side of me is the leftist who has explosive diarrhea.
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And you in the middle, taking deep breaths, because you love the smell ;)
 
Callatoroy said:
Well damn, I thought I mike like some of those lefties but now you are saying they are a bunch of socialists when it comes to production. It's like sitting in a 3 stall bathroom. On one side of me is a constipated liberal making ungodly grunts and noises, and on the other side of me is the leftist who has explosive diarrhea.
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I would say at least 50% of the good ole boy conservatives I talk to end up saying socialistic things after talking about politics with me for than 30 mins. Try it out, you might like it. Socialism is as American as apple pie.
 
heelinhell said:
Wow !

I thought the economy would suddenly become the greatest after Trump took office. It never occurred to me that a Trump victory would suddenly make the economy the greatest ever🤣
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Neither patience nor understanding of cause and effect are among their strong points.
 
superrific said:
This is why uncritically accepting what people say at an exit poll is a bad idea.
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Not just exit polling, IMO. I think issue polling in general may be pretty much dead. There's just too much dishonesty. Huge percentages of the Republicans who told pollsters before the election that they thought their economic situation were worse were just lying. They didn't actually think that, as post-election polling has confirmed. They just wanted to tell the pollsters they blame the Democrats for everything, regardless of who's actually responsible for it.
 
How do you campaign from a standpoint of "the economy is actually in a very good place?" While every Joe citizen is saying, "yeah, but eggs are still so expensive." Clearly, people feel/ felt like the economy is not great even as they buy trucks, take vacations and go out to eat regularly.

The Dems needed to hammer at the narrative of the economy being terrible. Although, as I've said in other threads, I'm not sure how that message would've gotten to the people that need to hear it in the current media landscape.
 
Wheels81 said:
A month ago, nearly two-thirds of Republicans said that their economic situation was worse than a year ago. One Trump victory later, fewer than half do.
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No surprise here. Republicans voters saying Republican things. We know where that party is at this point. I’m more interested in what independent voters’ sentiments look like in the coming months.

Economic outlook polling for independents has remained flat since the election. R outlook up a lot, D outlook down a little.
 
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