American Politics

[EihTooms]

You're a smart guy but you overemphasize trends and just look at one variable in trying to explain GDP growth, employment and the like: the party of the president. Please note I said PART of the reason were the changes in corporate taxation and deregulation. As I've mentioned countless times, external events (for example oil shocks and a pandemic), globalization, changes in technology, demographic changes and Fed policy have more influence on the economy than the president. Still I don't think the unemployment rate would have been as low or middle class wages would have been as high at the start of COVID, or at the end of Trump's presidency, or today if not for the corporate tax changes. And deregulation helped too.

This graph of real median household income is interesting too.

https://fred.stlouisfed.org/series/MEHOINUSA672N

When COVID hit the workingman was finally making gains. He was treading water from 2000 to 2015, but then income popped upwards. COVID though intervened, and then high inflation in goods and services outpaced wage gains, and we gave a lot of it back.

You want to know why wages were increasing and the workingman was finally making gains when Trump's efforts in 2018,2019 and all through 2020 finally produced Trump's Pandemic and all of the worldwide economic fallout from it?

Here is why. And it not only had nothing to do with his and his Party's idiotic TCJA. It had everything to do with something Repubs generally OPPOSE:

Trumps disappearing populism was on full display at Thursdays debate.
From the minimum wage to taxes, hes a boring Republican now.

https://www.vox.com/2020/10/22/21529...um-wage-debate

24 states will raise the minimum wage in 2020

https://www.cnn.com/2019/12/28/us/mi...rnd/index.html

On New Years Day, 20 states and 26 cities and counties, mostly in California, will raise the minimum wages. Four more states and 23 more cities and counties will join later in the year, according to NELP.

These increases will put much-needed money into the hands of the lowest-paid workers, many of whom struggle with high and ever-increasing costs of living, wrote researcher and policy analyst Yannet Lathrop in a blog post announcing the new wages.

[EihTooms]

Nothing "whatsoever done, thought, said, proposed, passed or farted by Donald J. Trump"? Au contraire. See this recent paper from the National Bureau of Economic Research, authored by economists from Harvard, Princeton, the University of Chicago and the Treasury Department.

https://conference.nber.org/conf_papers/f191672.pdf

They estimate "a long-run increase in domestic corporate capital of roughly 7. 4% due to the TCJA's corporate provisions. " I'm not saying that means the changes in corporate taxation will necessarily increase the number of people employed by 7. 4% -- that would imply an unemployment rate of less than 0% if there's no increase in the labor force participation rate. But it darn sure means the corporate tax changes result in a decrease in unemployment and higher wages. They didn't quantify that in the paper, and in fact conclude by saying further research into the effect on income of workers as a result of the TCJA is warranted.

Another interesting conclusion is that by the end of the 10 year budget window (by 2028), the effect of corporate revenue gains and higher labor taxes (as a result of higher employment and wages) offset the drop in the corporate rate. In the long term, everybody wins. The corporations generate higher revenues, there are more jobs and higher pay, and the blood suckers in Washington, D.C., while losing revenue during the early years after the cut, end up even at the end of 10 years.

Democrat economist Jason Furman is convinced:

"The new study has economists buzzing on the platform formerly known as Twitter. "These are the most convincing estimates of the response of investment to corporate tax rates that I've ever seen," says Harvard's Jason Furman, former chairman of the Council of Economic Advisers during the Obama administration. He is not among the study authors but describes the findings in a series of posts on X:

Taxes actually do matter. Companies that saw larger reductions in tax rates from the TCJA also experienced larger increases in investment in the years that followed. ".

https://www.wsj.com/articles/the-tru...orked-7670b723

Of course tax cuts actually do matter. Dem tax cuts and stewardship produce historic recoveries, meaningful economic expansion and historic job gains while Repub tax cuts and stewardship produce massive job losses, Great Depressions, Great Recessions and skyrocketing deficits.

That is one of the main reasons I have voted Dem straight down every ballot, never for a Repub and never for another Party candidate for any office since the middle of Reagan's first so-called presidential term.

Aside from those TCJA Corporate Tax Cuts being turned right around into stock buy-backs and NOT into creating a meaningful number of jobs, Trump's only other "accomplishment" in his 4 years as so-called president was spending 2018,2019 and 2020 making sure America and the rest of the world was left bare-ass naked against the emergence and spread of a deadly airborn virus that so far has killed almost as many Americans as were killed in The Civil War, WWI, WWII, The Korean War and Ike's Vietnam War COMBINED.

If he continues to convince any idiot who believes him that vaccines are not necessary to combat whatever new mutation of Trump's Pandemic virus developes over the next couple of years it is possible the number of Americans he will have Mass Murdered due to his horrific economic and national security policies and stewardship will far surpass all the number of American deaths in every military conflict since the Republican Party was conjured up in the mid 1850's.

Why The Tax Cuts And Jobs Act (TCJA) Led To Buybacks Rather Than Investment

https://www.forbes.com/sites/annemar...h=455e5a2e37fb

Trump slams companies for using U.S. tax credit to buy back stocks

https://www.reuters.com/article/us-h...idUSKBN2173HY/

Did Trumps tax cuts boost hiring? Most companies say no

https://www.pbs.org/newshour/economy...mpanies-say-no

[Tiny 12]

You're a smart guy but you overemphasize trends and just look at one variable in trying to explain GDP growth, employment and the like: the party of the president. Please note I said PART of the reason were the changes in corporate taxation and deregulation.As I've mentioned countless times, external events (for example oil shocks and a pandemic), globalization, changes in technology, demographic changes and Fed policy have more influence on the economy than the president. Still I don't think the unemployment rate would have been as low or middle class wages would have been as high at the start of COVID, or at the end of Trump's presidency, or today if not for the corporate tax changes. And deregulation helped too.

Any intelligent person can look at those links and charts and immediately see that NONE of the Real Wage Growth and NONE of the Unemployment Rate Declnes could possibly have been "caused" by anything whatsoever done, thought, said, proposed, passed or farted by Donald J. Trump. Which is the BS you tried to float, apparently assuming only representatives of Fux, Newsmax, Breitbart, NYT, CNN, MSNBC, ABC News, NBC News, CBS News and Bill Maher himself would read it and happily allow you to get away with it.

Sorry.

Trump's Pandemic, that Recession in the grey area of the chart when, naturally, prices for almost everything no one had access to anyway plunged and that huge spike in the Unemployment Rate, yes, you can give Trump all the credit you want for those. I give him at least 90% credit for them.

But those other beautifully positive trajectories that were already rock solid steamrolling for YEARS prior and into his first couple of years in office, nope.

Nothing "whatsoever done, thought, said, proposed, passed or farted by Donald J. Trump"? Au contraire. See this recent paper from the National Bureau of Economic Research, authored by economists from Harvard, Princeton, the University of Chicago and the Treasury Department.

https://conference.nber.org/conf_papers/f191672.pdf

They estimate "a long-run increase in domestic corporate capital of roughly 7. 4% due to the TCJA's corporate provisions. " I'm not saying that means the changes in corporate taxation will necessarily increase the number of people employed by 7. 4% -- that would imply an unemployment rate of less than 0% if there's no increase in the labor force participation rate. But it darn sure means the corporate tax changes result in a decrease in unemployment and higher wages. They didn't quantify that in the paper, and in fact conclude by saying further research into the effect on income of workers as a result of the TCJA is warranted.

Another interesting conclusion is that by the end of the 10 year budget window (by 2028), the effect of corporate revenue gains and higher labor taxes (as a result of higher employment and wages) offset the drop in the corporate rate. In the long term, everybody wins. The corporations generate higher revenues, there are more jobs and higher pay, and the blood suckers in Washington, D.C., while losing revenue during the early years after the cut, end up even at the end of 10 years.

Democrat economist Jason Furman is convinced:

"The new study has economists buzzing on the platform formerly known as Twitter. "These are the most convincing estimates of the response of investment to corporate tax rates that I've ever seen," says Harvard's Jason Furman, former chairman of the Council of Economic Advisers during the Obama administration. He is not among the study authors but describes the findings in a series of posts on X:

Taxes actually do matter. Companies that saw larger reductions in tax rates from the TCJA also experienced larger increases in investment in the years that followed. ".

https://www.wsj.com/articles/the-tru...orked-7670b723

[EihTooms]

You're a smart guy but you overemphasize trends and just look at one variable in trying to explain GDP growth, employment and the like: the party of the president. Please note I said PART of the reason were the changes in corporate taxation and deregulation. As I've mentioned countless times, external events (for example oil shocks and a pandemic), globalization, changes in technology, demographic changes and Fed policy have more influence on the economy than the president. Still I don't think the unemployment rate would have been as low or middle class wages would have been as high at the start of COVID, or at the end of Trump's presidency, or today if not for the corporate tax changes. And deregulation helped too.

This graph of real median household income is interesting too.

https://fred.stlouisfed.org/series/MEHOINUSA672N

When COVID hit the workingman was finally making gains. He was treading water from 2000 to 2015, but then income popped upwards. COVID though intervened, and then high inflation in goods and services outpaced wage gains, and we gave a lot of it back.

Any intelligent person can look at those links and charts and immediately see that NONE of the Real Wage Growth and NONE of the Unemployment Rate Declnes could possibly have been "caused" by anything whatsoever done, thought, said, proposed, passed or farted by Donald J. Trump. Which is the BS you tried to float, apparently assuming only representatives of Fux, Newsmax, Breitbart, NYT, CNN, MSNBC, ABC News, NBC News, CBS News and Bill Maher himself would read it and happily allow you to get away with it.

Sorry.

Trump's Pandemic, that Recession in the grey area of the chart when, naturally, prices for almost everything no one had access to anyway plunged and that huge spike in the Unemployment Rate, yes, you can give Trump all the credit you want for those. I give him at least 90% credit for them.

But those other beautifully positive trajectories that were already rock solid steamrolling for YEARS prior and into his first couple of years in office, nope.

[Tiny 12]

Uh. Real Weekly Wages. That would be adjusted for inflation, right?

Real Weekly Wages were already climbing in an upward trajectory under Obama-Biden YEARS before Trump's one and only economic "stimulus" legislation went into effect in 2018. And the only reason there was a momentary spike in that "adjusted for inflation" part of it in early 2020 was because prices of everything else were crashing due to Trump's Pandemic. Yeah, anyone who still had a job that paid wages could buy gas really, really cheap and not go anywhere thanks to Trump's necessary closures at the time. See link and screenshot below:

https://fred.stlouisfed.org/series/LES1252881600Q

Uh. The unemployment rate had been declining steadily and dramatically under Obama-Biden YEARS before Trump's one and only economic "stimulus" legislation went into effect in 2018. Oh, and please note the gigantic spike in the unemployment rate right about the same time those "adjusted for inflation" wages some lucky few were still receiving momentarily spiked up after Trump's other decisions in 2018 and 2019 and his lying about it all through 2020 created and exacerbated Trump's Pandemic. See link and screenshot below:

https://www.bls.gov/charts/employmen...yment-rate.htm

You have a truly bizarre concept of "cause and effect" that seems to find a "cause" for things under Trump / Repubs that came into "effect" YEARS earlier after Dems shouldered all the heavy lifting and assumed all the political risk to make it happen.

As is so very common among Repubs anyway. And the saddest part is that you Repubs continually attribute those Dem acheivements you're always taking credit for to the very Repub tax policies, lax enforcement of regulations and horrible economic stewardship that has plunged America into every Great Depression, Great Recession, Massive Jobs Destruction and NONE of the Great Recoveries, Historic Expansions and Historic Job Gains of the past 100 years or so.

It is truly astonishing but understandable why typically pro Repub Mainstream Media let you get away with it.

You're a smart guy but you overemphasize trends and just look at one variable in trying to explain GDP growth, employment and the like: the party of the president. Please note I said PART of the reason were the changes in corporate taxation and deregulation. As I've mentioned countless times, external events (for example oil shocks and a pandemic), globalization, changes in technology, demographic changes and Fed policy have more influence on the economy than the president. Still I don't think the unemployment rate would have been as low or middle class wages would have been as high at the start of COVID, or at the end of Trump's presidency, or today if not for the corporate tax changes. And deregulation helped too.

This graph of real median household income is interesting too.

https://fred.stlouisfed.org/series/MEHOINUSA672N

When COVID hit the workingman was finally making gains. He was treading water from 2000 to 2015, but then income popped upwards. COVID though intervened, and then high inflation in goods and services outpaced wage gains, and we gave a lot of it back.

[EihTooms]

(Skip)
You really don't belong in the MAGA movement by the way. There were three planks to Trumps economic policy. One was a bad idea, the tariffs. The other two, lower corporate taxes and deregulation, where championed by Charles Koch and Nick Gillespie, along with President Trump. They were part of the reason why real weekly wages went up about the same during Trumps four years in office as they did in the prior 30 years. And why unemployment levels were down to levels last seen in the 1960s before COVID hit. As best as I can tell, you want to stick it to the corporations and ramp up the regulation. You're part of the MAMA (Make America Mediocre Again) movement championed by Jimmy Carter. Or maybe the MAP (Make America Poor) movement favored by Communists and our foreign adversaries.

This is hilarious:

"And yes I will repeat "people" that are pathologically selfish are PURE EVIL and will burn in hell."

Who's the quintessential pathologically selfish personality in American politics? Donald Trump. He may have good instincts on the economy, except for his tariff fetish. But he doesn't give a fuck about anyone except himself, and he's shown that time and time again.

Uh. Real Weekly Wages. That would be adjusted for inflation, right?

Real Weekly Wages were already climbing in an upward trajectory under Obama-Biden YEARS before Trump's one and only economic "stimulus" legislation went into effect in 2018. And the only reason there was a momentary spike in that "adjusted for inflation" part of it in early 2020 was because prices of everything else were crashing due to Trump's Pandemic. Yeah, anyone who still had a job that paid wages could buy gas really, really cheap and not go anywhere thanks to Trump's necessary closures at the time. See link and screenshot below:

https://fred.stlouisfed.org/series/LES1252881600Q

Uh. The unemployment rate had been declining steadily and dramatically under Obama-Biden YEARS before Trump's one and only economic "stimulus" legislation went into effect in 2018. Oh, and please note the gigantic spike in the unemployment rate right about the same time those "adjusted for inflation" wages some lucky few were still receiving momentarily spiked up after Trump's other decisions in 2018 and 2019 and his lying about it all through 2020 created and exacerbated Trump's Pandemic. See link and screenshot below:

https://www.bls.gov/charts/employmen...yment-rate.htm

You have a truly bizarre concept of "cause and effect" that seems to find a "cause" for things under Trump / Repubs that came into "effect" YEARS earlier after Dems shouldered all the heavy lifting and assumed all the political risk to make it happen.

As is so very common among Repubs anyway. And the saddest part is that you Repubs continually attribute those Dem acheivements you're always taking credit for to the very Repub tax policies, lax enforcement of regulations and horrible economic stewardship that has plunged America into every Great Depression, Great Recession, Massive Jobs Destruction and NONE of the Great Recoveries, Historic Expansions and Historic Job Gains of the past 100 years or so.

It is truly astonishing but understandable why typically pro Repub Mainstream Media let you get away with it.

[Tiny 12]

"If you say that economic liberalism, including free trade, is a farce and should be quashed, I'm not going to say you are a full blown psychopath or Lucifer. Or that you're evil and will burn in hell for it. Or that you want to bring back slavery. That's even though most Americans and others would be worse off, while the crony capitalists who benefit from trade barriers, tariffs, and corporate subsidies would make out like bandits. I'm not going to say that because I am not a troll. Instead I would say you are misguided.

Word on the street is that a large percentage of people who don't like immigrants and other men of color are homosexual, like this dood.

https://en.wikipedia.org/wiki/Jeffrey_Dahmer

P.S. I've never fucked a dead woman or killed a live one, nor do I know anyone who has. ".

Free trade is a farce and a misnomer no less, free for whom, just call it what it is, unfair trade.

Parasites like this MAGA hating piece of shit.

https://sports.yahoo.com/citadel-bos...150044633.html#text=Citadel%20 CEO%20 Ken%20 Griffin%20 took, Investor's%2022nd%20 annual%20 Rich%20 List.

Guess what, he hates MAGA loves the CCP and open borders, HUNGER GAMES for ALL.

He didn't make that money he stole it, and should be drawn and quartered.

He may as well be printing it in his basement.

"That's even though most Americans and others would be worse off" so tell me who the fuck are these others you're so "worried" about? The slaves of the CCP?

https://en.wikipedia.org/wiki/Foxconn_suicides

Do you know their solution? Install nets to catch the jumpers, and send them right back to their slot on the line!!

You sound as anti American as they get.

And yes I will repeat "people" that are pathologically selfish are PURE EVIL and will burn in hell.

People like Chas Koch (Montgomery Burns on steroids) or Nick Gillespie et al."

You're all over the place aren't you.

Ken Griffin's Citadel Securities is a parasite. It's a market making firm, which wouldn't exist if all shares were transparently traded on stock exchanges, like they are in Tooms' adopted country and many other places. Citadel takes money out of the pockets of pension funds, mutual funds and individuals and puts it into the pockets of Griffin and his associates. They're leaches, sucking up retirees money.

Trump, Biden, other presidents and Congress should have shut down this racket long ago but they haven't. You seem to be a big fan of crony capitalism that goes with tariffs and trade barriers, so its surprising youre complaining about this.

Your link to Foxconn suicides shows one or two occurring in some years since 2012. Foxconn has around 600,000 employees in China and the suicide rate there is about 10 per 100,000. So you'd expect about 60 suicides among Foxconn employees annually. Wikipedia didn't come up with near that many in any year. So what's your point?

Mine would be that the work done, mostly by women, in factories where consumer electronics and garments and the like are manufactured, is mind numbingly dull and repetitive. Americans don't want to do it. Yeah, if you want to create a suicide epidemic in America, you might just be able to do it with 100% made in the USA laws.

A little less than half of what we import are parts and the like that we incorporate into items made here. The value added for many products in the USA is multiples of what we pay for parts and components from other countries. Everyone's better off if we leave the rinky dink, repetitive manufacturing to other countries and do higher value added products and services in the USA.

The effect of tariffs and trade barriers on most Americans is negative. The overall effect is to lower wages, lower employment, and raise prices on consumers. Poorer Americans are hurt worst.

This explains it. Fat chance you'll read it, but I'll post it anyway.

https://www.cato.org/policy-analysis...ase-free-trade

Here's the storybook version.

https://www.cato.org/study/free-trade

You really don't belong in the MAGA movement by the way. There were three planks to Trumps economic policy. One was a bad idea, the tariffs. The other two, lower corporate taxes and deregulation, where championed by Charles Koch and Nick Gillespie, along with President Trump. They were part of the reason why real weekly wages went up about the same during Trumps four years in office as they did in the prior 30 years. And why unemployment levels were down to levels last seen in the 1960s before COVID hit. As best as I can tell, you want to stick it to the corporations and ramp up the regulation. You're part of the MAMA (Make America Mediocre Again) movement championed by Jimmy Carter. Or maybe the MAP (Make America Poor) movement favored by Communists and our foreign adversaries.

This is hilarious:

"And yes I will repeat "people" that are pathologically selfish are PURE EVIL and will burn in hell."

Who's the quintessential pathologically selfish personality in American politics? Donald Trump. He may have good instincts on the economy, except for his tariff fetish. But he doesn't give a fuck about anyone except himself, and he's shown that time and time again.

[MarquisdeSade1]

"If you say that economic liberalism, including free trade, is a farce and should be quashed, I'm not going to say you are a full blown psychopath or Lucifer. Or that you're evil and will burn in hell for it. Or that you want to bring back slavery. That's even though most Americans and others would be worse off, while the crony capitalists who benefit from trade barriers, tariffs, and corporate subsidies would make out like bandits. I'm not going to say that because I am not a troll. Instead I would say you are misguided.

Word on the street is that a large percentage of people who don't like immigrants and other men of color are homosexual, like this dood.

https://en.wikipedia.org/wiki/Jeffrey_Dahmer

P.S. I've never fucked a dead woman or killed a live one, nor do I know anyone who has. ".

Free trade is a farce and a misnomer no less, free for whom, just call it what it is, unfair trade.

Parasites like this MAGA hating piece of shit.

https://sports.yahoo.com/citadel-bos...150044633.html#text=Citadel%20 CEO%20 Ken%20 Griffin%20 took, Investor's%2022nd%20 annual%20 Rich%20 List.

Guess what, he hates MAGA loves the CCP and open borders, HUNGER GAMES for ALL.

He didn't make that money he stole it, and should be drawn and quartered.

He may as well be printing it in his basement.

"That's even though most Americans and others would be worse off" so tell me who the fuck are these others you're so "worried" about? The slaves of the CCP?

https://en.wikipedia.org/wiki/Foxconn_suicides

Do you know their solution? Install nets to catch the jumpers, and send them right back to their slot on the line!!

You sound as anti American as they get.

And yes I will repeat "people" that are pathologically selfish are PURE EVIL and will burn in hell.

People like Chas Koch (Montgomery Burns on steroids) or Nick Gillespie et al.

[Tiny 12]

If you think promoting evil in this country makes a president great, well I believe that qualifies you as a full blown psychopath ala Mitt the Turd.

I'm guessing you would just say fuck "free trade" now that globalism is dying and just bring back good old fashioned slavery its more "cost efficient"

Anyone that promotes "free trade"as a good thing, is pure EVIL and shall burn in HELL for it.

"RIH / rot in hell Heinz / Lucifer.

https://neurosciencenews.com/drk-triad-trolling-18825/

https://www.breitbart.com/politics/2...mat-1923-2023/

https://www.breitbart.com/politics/2...nry-kissinger/

BTW are you a Mormon? Quoting a BYU study?

https://www.jebms.org/full-text/79

Are you implying I'm trolling LOL?

Not quite, but if anyone is, that would be you writing Mitt and Jeff Flake are "great men", or Bubba was a great president because he destroyed so many American families.

By destroying the middle class and middle America.

Do you know how many people like Flake or Romney? Not many.

So that would make you guilty of being a troll.

You trolled I responded and you don't like it, well that's how it works.

So then you imply I'm a troll? WOWWW.

https://www.newsmax.com/newsfront/ch...30/id/1144320/

I really hope you vote with ET Mitt and Flake for Dirtbag Joe, and make sure to let us know how that works out.

Because MAGA doesn't need or want your vote.

If you say that economic liberalism, including free trade, is a farce and should be quashed, I'm not going to say you are a full blown psychopath or Lucifer. Or that you're evil and will burn in hell for it. Or that you want to bring back slavery. That's even though most Americans and others would be worse off, while the crony capitalists who benefit from trade barriers, tariffs, and corporate subsidies would make out like bandits. I'm not going to say that because I am not a troll. Instead I would say you are misguided.

Word on the street is that this dood is a MAGA hating Libertarian.

https://www.aol.com/news/british-inq...165839084.html

Word on the street is that a large percentage of people who don't like immigrants and other men of color are homosexual, like this dood.

https://en.wikipedia.org/wiki/Jeffrey_Dahmer

P.S. I've never fucked a dead woman or killed a live one, nor do I know anyone who has.

[MarquisdeSade1]

"RIH / rot in hell Heinz / Lucifer.

https://neurosciencenews.com/drk-triad-trolling-18825/

https://www.breitbart.com/politics/2...mat-1923-2023/

https://www.breitbart.com/politics/2...nry-kissinger/

BTW are you a Mormon? Quoting a BYU study?

https://www.jebms.org/full-text/79

Are you implying I'm trolling LOL?

Not quite, but if anyone is, that would be you writing Mitt and Jeff Flake are "great men", or Bubba was a great president because he destroyed so many American families.

By destroying the middle class and middle America.

Do you know how many people like Flake or Romney? Not many.

So that would make you guilty of being a troll.

You trolled I responded and you don't like it, well that's how it works.

So then you imply I'm a troll? WOWWW.

https://www.newsmax.com/newsfront/ch...30/id/1144320/

I really hope you vote with ET Mitt and Flake for Dirtbag Joe, and make sure to let us know how that works out.

Because MAGA doesn't need or want your vote.

[Tiny 12]

"RIH / rot in hell Heinze

https://neurosciencenews.com/drk-triad-trolling-18825/".

https://www.breitbart.com/politics/2...mat-1923-2023/

https://www.breitbart.com/politics/2...nry-kissinger/

BTW are you a Mormon? Quoting a BYU study?

https://www.jebms.org/full-text/79

[MarquisdeSade1]

A man that unites all the people.

A true rainbow coalition.

https://nypost.com/2023/11/30/news/w...gn=android_nyp

Allahu Akbar.

[Spidy]

The countdown begins for when Trump calls this guy a liar, traitor, Deep State, RINO, "I don't know him. Never heard of him".

10,9, 8, 7, etc.

Or has he already made that announcement?

That goes double, for our so called ISG Repub economists....kkkk!

Former Trump advisor says the U.S. economy is 'back to normal', but markets may be jumping the gun on rate hikes.
Nov. 29, 2023

https://www.cnbc.com/2023/11/29/form...ndroidappshare

• Cohn who was chief economic advisor to former U.S. President Donald Trump from 2017 to 2018 does not see the Fed cutting interest rates until the second half of 2024.
  
  Cohn who was chief economic advisor to former U.S. President Donald Trump from 2017 to 2018 does not see the Fed cutting interest rates until the second half of 2024.
  Drawing on 100-year average data, Cohn said the U.S. economy is back to a normal, but we all forgot what normal is.
  .....
  "We haven't seen normal for over two decades. We went through a decade plus of zero interest rates, we went through a decade of quantitative easing, zero interest rates and the Fed trying to see if they could create inflation," he said.
  
  "We've gone from the Fed not being able to create inflation we now know the answer, the Fed cant create inflation, but the market can to us trying to unwind a shorter term inflationary shock. Were back into a normal world."
  
  He noted that the 100-year average for 10-year U.S. Treasury yields is around 4.5%, and that the 10-year yield has moderated from the 16-year high of 5% logged in October to around 4.3% as of Wednesday morning. Meanwhile, inflation is running back towards the mean of between 2% and 2.5%.
  
  "So every piece of economic data, if you look, is sort of heading back towards its very long term average. If you look at these over 100-year generational cycles, we seem to be running into that phase right now," Cohn added.

Thanks, Joe, Nancy, Chuck and the Dems for shouldering all the heavy lifting and assuming all the political risk to produce this historic recovery from another historic Great Repub Economic Disaster.

Again. As usual.

Yes, indeed, that quiet right! We salute you...Joe and the Dems, for a job well done!

Now Dems, needs to continue to shut this from the mountain tops and use the strength of the economy and the wave of anti-abortion ban wins, as their "double barrel shot gun", in their 2024 campaigning.

[MarquisdeSade1]

"https://neurosciencenews.com/drk-triad-trolling-18825/".

https://www.breitbart.com/politics/2...mat-1923-2023/

https://www.breitbart.com/politics/2...nry-kissinger/

BTW are you a Mormon? Quoting a BYU study?

[EihTooms]

In his own state, major Repub money donors, the Kock Brothers, are throwing it to Nikki Haley.

I guess they aren't buying those over-sampled Repubs and Repubs Pretending To Be Independents poll numbers for Trump, after all.

Koch network endorses Nikki Haley in GOP primary.

Nov. 28, 2023.

https://www.usatoday.com/story/news/...y/71727372007/

Those Repub Kock Brothers really have their work cut out for them. Yes, Haley trying to pawn herself off as merely a pro Repub "Bothsider" rather than a rabid Repub loon by taking all sides of every issue makes it easy for them to run ads of her taking the Dem side on issues in blue states and the Repub side of the same issues in red states.

However, there is that inconvenient historical fact that every true Repub will never forget or forgive her for; as Governor of South Carolina she removed their most cherished pro slavery racist symbol from her State House. And bragged about it!

They'll need to show ads of her giggling and personally pulling the lever on Old Sparky with a Willie Horton stand-in sitting strapped to it over and over again in red states to even hope to get past that one with the vast majority of Repub voters.

Cue the deflection non sequitur from some Winger rushing in with "Whatabout Newsom"? Or somebody else who isn't even a declared candidate or a Repub. LOL."

There are no more Koch Bros, David died a few yrs back leaving us just with the sooper TURD Chas Kock.

A true shit stain on humanity!!

Oh, that's the memo I didn't get.

But that still leaves one Kock Bro and the whole Kock Nutwork behind to throw billions at Repub campaigns with the scheme being the Kocks will be flush with cash when their "winning" Repub so-called potus inevitably and reliably fulfills his / her Repub Party duty to Crash the USA Economy and Wipe Out Millions of Jobs by any means at hand, bringing the cost of everything down to less than bargain basement levels for them to swoop in for the big buy.