Economic News

  • Thread starter Thread starter nycfan
  • Start date Start date
  • Replies: 3K
  • Views: 157K
  • Politics 
Paine said:
Just like I remind you of every annoying shithead leftist you've had to deal with, you remind me of every smug, arrogant liberal I've had to deal with. Sometimes of our own actions, sometimes because we're mad at other things related to the subject and take it out on each other. I'd just like to be able to post again without you responding to every post I make trying to bring up this argument again, even on subjects that are ostensibly unrelated. No one is getting anything out of this, least of all you and I. The party is going to go whatever way it goes, and we won't have any say in it.

I'll concede that I do have a tendency to discount the arguments of people who are older than me. Usually because I've heard them before and they've been shown to be false by my experience of life and politics over the last 8 years. That's part of the reason I enjoy this board is because I get to hear y'all's perspective on things, which I rarely get to in my personal life (outside of older family members). I assume y'all also want to know what a young(er) person thinks about what happened in the election based on my own experiences and the experiences of other young people that I'm around and talk to. I'll continue to offer that perspective.
Click to expand...
Honest question. What is the difference between a shithead leftist and an arrogant liberal? I have arrogant liberal pretty well defined but not the shithead leftist.
 
nycfan said:


“…
The S&P 500 has soared 24% this year, buoyed by artificial-intelligence hype and optimism that lower inflation means less-restrictive monetary policy going forward. Lower interest rates typically encourage risk-taking and help boost stocks, and the Federal Reserve has slashed its benchmark rate twice since September.

But Fed officials are publicly questioning whether further cuts are needed right now as more data point to a strong economy. Derivative traders are currently pricing in several more rate cuts in 2025, and stocks could decline if those don’t come.

The prospect of tariffs has some of Wall Street’s biggest players on edge. Republican megadonor Ken Griffin, a hedge-fund titan and founder of Citadel, told students in the U.K. on Monday that he was “very anxious about the president’s willingness to engage in tariffs as a matter of trade policy,” Bloomberg reported.


Goldman Sachs is projecting a 10% gain for the S&P 500 next year, driven primarily by strong earnings growth. But higher-than-anticipated inflation, and in turn higher rates, is one of the biggest risks to that forecast, said David Kostin, chief equity strategist at Goldman.

“Why might we get higher inflation? It could be from immigration policy changes. It could be from tariffs. It could be from fiscal policy shifts. That’s one area we’re focusing a lot of attention on,” Kostin said. …”
Click to expand...


ChileG said:
And how many Trump voters are here saying they voted for Trump to bring down inflation and interest rates?
Click to expand...
I would advise Trump to wait a month after entering office and then brag about bringing the inflation rate down to 2.5% and the unemployment down to 4.1% after just one month in office !

He could also brag about the stock market being at an all time high after just one month in office !

MAGAs will sing the Doxology and demand that Trump be president for life 😏
 
Paine said:
Liberal ≠ leftist. The disdain that a lot of right-wingers feel for the cultural elitism of arrogant liberals is also felt by many leftists.

Say what you want about leftists, though I’m not sure how many you interact with at a personal level, but the most annoying ones tend to be more naive than arrogant in my experience at least.
Click to expand...
Eh I'd have to disagree there. I have found plenty of leftists to be plenty arrogant. Just like I have found plenty of liberals to be arrogant and plenty of conservatives to be arrogant. Arrogance and conviction of belief know no political bounds.
 
Paine said:
Liberal ≠ leftist. The disdain that a lot of right-wingers feel for the cultural elitism of arrogant liberals is also felt by many leftists.

Say what you want about leftists, though I’m not sure how many you interact with at a personal level, but the most annoying ones tend to be more naive than arrogant in my experience at least.
Click to expand...
So a less worldly / educated liberal? Liberal lite? Is the transformation from leftist to liberal organic? I might like some leftists.
 
rodoheel said:
Eh I'd have to disagree there. I have found plenty of leftists to be plenty arrogant. Just like I have found plenty of liberals to be arrogant and plenty of conservatives to be arrogant. Arrogance and conviction of belief know no political bounds.
Click to expand...
Maybe, but the arrogance is born from different mental stimuli and experiences. I would say not all arrogances are equal.
 
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
 
Callatoroy said:
So a less worldly / educated liberal? Liberal lite? Is the transformation from leftist to liberal organic? I might like some leftists.
Click to expand...
Damn, I've been a leftist all this time? I never knew. Just thought I was a pragmatist.
 
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?
Click to expand...
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).
Click to expand...
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.
Click to expand...
And you in the middle, taking deep breaths, because you love the smell ;)
 
You must log in or register to reply here.
Back
Top