Red Mosquito • View topic

Green Habit · **Joined:** Wed December 12, 2012 10:33 pm **Posts:** 6932

Millennials will have time to make up for that down the road. Xers, as usual, got screwed the most when the recession hit at their peak earning time.

bart · **Joined:** Tue January 08, 2013 10:23 pm **Posts:** 3235

Wonder what that would look like after factoring in parental support

BurtReynolds · **Posted:** Thu November 29, 2018 11:00 pm

Bi_3 wrote:

BurtReynolds wrote:

how are we not at the top of a stock market and housing bubble?

Who, besides people selling house and securities, says we are not at the top? Because algos made the market jump 2% in one day?

I heard some chatter the other day about everything being fine. That's probably a bad sign.

Here's some fancy charts showing stuff. https://www.forbes.com/sites/jessecolom ... ssion=true

Monkey_Driven · **Posted:** Fri November 30, 2018 12:46 am

Green Habit wrote:

Millennials will have time to make up for that down the road. Xers, as usual, got screwed the most when the recession hit at their peak earning time.

At least they had jobs.

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

bune · **Posted:** Fri December 07, 2018 5:46 pm

Quote:

If all the world’s economists, past, present, and future knew, know, and will know as much about the economy as they say they do the fortunes of Bill Gates, the late Steve Jobs and Warren Buffet combined would be paltry in comparison to that of the poorest economist.

Saw this quote hanging out in the comment section - I know, you shouldn't read the comments - but it reminded me of this thread.

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

Yes, yes....but did he confuse transactions and spending in a tweet?

4/5 · **Joined:** Thu December 20, 2012 4:45 pm **Posts:** 6648

McParadigm wrote:

Yes, yes....but did he confuse transactions and spending in a tweet?

Both things can be bad. One is a betrayal of the supposed principles that a powerful man claimed to hold but all of the evidence shows that he clearly didn't. The other betrays the fact that an up and coming elected official appears to have no grasp on public policy whatsoever.

Yes, Paul Ryan's is worse.

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

4/5 wrote:

McParadigm wrote:

Yes, yes....but did he confuse transactions and spending in a tweet?

Both things can be bad. One is a betrayal of the supposed principles that a powerful man claimed to hold but all of the evidence shows that he clearly didn't. The other betrays the fact that an up and coming elected official appears to have no grasp on public policy whatsoever.

Yes, Paul Ryan's is worse.

I’m not so much concerned with whether one is worse as I am bemused by the two subgroups of people who have nothing to say about one of these but constantly clutch pearls about the other.

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

she’s posting in our thread

BurtReynolds · **Posted:** Mon December 10, 2018 10:46 pm

McParadigm wrote:

4/5 wrote:

McParadigm wrote:

Yes, yes....but did he confuse transactions and spending in a tweet?

Both things can be bad. One is a betrayal of the supposed principles that a powerful man claimed to hold but all of the evidence shows that he clearly didn't. The other betrays the fact that an up and coming elected official appears to have no grasp on public policy whatsoever.

Yes, Paul Ryan's is worse.

I’m not so much concerned with whether one is worse as I am bemused by the two subgroups of people who have nothing to say about one of these but constantly clutch pearls about the other.

The only people who hate him more than democrats are republicans. And I can't imagine what value Ezra Klein's opinion of Paul Ryan could possibly be.

Bi_3 · **Joined:** Wed April 20, 2016 7:11 pm **Posts:** 14219

BurtReynolds wrote:

McParadigm wrote:

4/5 wrote:

McParadigm wrote:

Yes, yes....but did he confuse transactions and spending in a tweet?

Both things can be bad. One is a betrayal of the supposed principles that a powerful man claimed to hold but all of the evidence shows that he clearly didn't. The other betrays the fact that an up and coming elected official appears to have no grasp on public policy whatsoever.

Yes, Paul Ryan's is worse.

I’m not so much concerned with whether one is worse as I am bemused by the two subgroups of people who have nothing to say about one of these but constantly clutch pearls about the other.

The only people who hate him more than democrats are republicans. And I can't imagine what value Ezra Klein's opinion of Paul Ryan could possibly be.

Deflect! Deflect! Redirect!

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

BurtReynolds wrote:

The only people who hate him more than democrats are republicans. And I can't imagine what value Ezra Klein's opinion of Paul Ryan could possibly be.

I guess this response works if you only count the last two years. Paul Ryan, for all of his career prior, enjoyed one of the longest and most pronounced periods of extreme popularity with Republican voters of any post-Reagan politician. He averaged better than +40 with registered Republicans, and around +30 with non-Republican conservatives. It didn’t dissolve until literally the moment Trump began campaigning.

For a period of years, in fact, conservatives adored Paul Ryan.

4/5 · **Joined:** Thu December 20, 2012 4:45 pm **Posts:** 6648

McParadigm wrote:

BurtReynolds wrote:

The only people who hate him more than democrats are republicans. And I can't imagine what value Ezra Klein's opinion of Paul Ryan could possibly be.

I guess this response works if you only count the last two years. Paul Ryan, for all of his career prior, enjoyed one of the longest and most pronounced periods of extreme popularity with Republican voters of any post-Reagan politician. He averaged better than +40 with registered Republicans, and around +30 with non-Republican conservatives. It didn’t dissolve until literally the moment Trump began campaigning.

For a period of years, in fact, conservatives adored Paul Ryan.

Yeah, this. I didn't have numbers to back up my feeling, but Ryan was the golden child of the Republican Party for a long time. I think the Speakership probably took a little of the sheen off but it was really the Trump stuff that wore him down, not opposition to his stated policies or anger that he claimed to be a deficit hawk but was in fact 100% full of it and just an Obama obstructionist.

Biff Pocoroba · **Posted:** Mon December 24, 2018 3:03 pm

Um, I am supposed to be reassured and feel better that the Treasury Secretary called to check in on six major banks this weekend, right?

Biff Pocoroba · **Posted:** Mon December 24, 2018 7:48 pm

Biff Pocoroba wrote:

Um, I am supposed to be reassured and feel better that the Treasury Secretary called to check in on six major banks this weekend, right?

With the Dow closing 653 points down in just a half day on what is traditionally among the lightest trading days of the year I guess I am not alone with that thought.

96583UP · **Joined:** Sun September 15, 2013 5:50 am **Posts:** 22294

he was really calling to re-assure them that Trump is not gonna fire Powell

which would break Western society

thing is

Trump always flip flops

BurtReynolds · **Posted:** Tue January 08, 2019 2:09 am

good news everyone. one day your parents will die.

https://www.economist.com/britain/2019/ ... lverlining

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

BurtReynolds wrote:

good news everyone. one day your parents will die.

It’s not as great as it sounds.

4/5 · **Joined:** Thu December 20, 2012 4:45 pm **Posts:** 6648

BurtReynolds wrote:

good news everyone. one day your parents will die.

https://www.economist.com/britain/2019/ ... lverlining

Or we could, you know, ease up on zoning laws that prevent housing from being built.

Does anyone care about the economy?

Who is online