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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 12:33 am 
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The Master
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tragabigzanda wrote:
A significant tax break or other subsidy for producers/distributors to distribute to regional hubs seems like a remarkably easy solution. I’m not saying I have faith in congress to pull it together, only that all the moving parts are readily available


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 12:33 am 
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I'm not saying one of those moving parts works, but it sure is there!

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What the fuck kind of post is that Argo?


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 12:57 am 
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Perhaps I was misreading Reich’s comment in the first place, and he is indicating that Congress won’t act. I simply assumed he made the same mistake as many others before him, which is assuming that hunger is a problem of food supply.


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:43 am 
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Mickey wrote:
Things are going to get very interesting here very soon, says fringe economist *checks hand* Robert Reich


Maybe Reich means "unparalleled hunger" to be people in need of food.
People needing assistance affording enough food.

So not literally starving people, but food pantries and programs will be meeting the greatest need in a long time/ever/etc.

But it doesn't have a common, agreed upon meaning. So who knows and maybe he has elaborated on that point elsewhere.


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:52 am 
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if it turns out he is Robert Reich IV does that mean he is the prophet of die führer?

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:53 am 
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The Town wrote:
Mickey wrote:
Things are going to get very interesting here very soon, says fringe economist *checks hand* Robert Reich


Maybe Reich means "unparalleled hunger" to be people in need of food.
People needing assistance affording enough food.

So not literally starving people, but food pantries and programs will be meeting the greatest need in a long time/ever/etc.

But it doesn't have a common, agreed upon meaning. So who knows and maybe he has elaborated on that point elsewhere.
maybe he means reduce the funding, not abolish.


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:54 am 
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Defund the unemployed


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:55 am 
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is this code for his lebensraum initiative?

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 2:12 am 
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McDonald's vouchers comin'


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 2:22 am 
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verb_to_trust wrote:
McDonald's vouchers comin'

Omg this could totally happen. I bet Trump is already trying to creat a cross-promo opp.


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 3:30 am 
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tragabigzanda wrote:
Perhaps I was misreading Reich’s comment in the first place, and he is indicating that Congress won’t act. I simply assumed he made the same mistake as many others before him, which is assuming that hunger is a problem of food supply.


As he said:

Quote:
And unless Congress extends extra unemployment benefits beyond July 31, we’re also going to have unparalleled hunger.


Pretty important clause. It's not an issue of food supply, it's the buying-it-with-money part.

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What the fuck kind of post is that Argo?


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 3:39 am 
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trag hates hungry people pass it on

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 12:28 pm 
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1/2 Full


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:13 pm 
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The Town wrote:
Mickey wrote:
Things are going to get very interesting here very soon, says fringe economist *checks hand* Robert Reich


Maybe Reich means "unparalleled hunger" to be people in need of food.
People needing assistance affording enough food.

So not literally starving people, but food pantries and programs will be meeting the greatest need in a long time/ever/etc.

But it doesn't have a common, agreed upon meaning. So who knows and maybe he has elaborated on that point elsewhere.


He's probably right. The school system in my county has become a de-facto soup kitchen, providing two meals a day to any child in the county who shows up even now that the traditional school year is over. And we are a top 20 county in the nation in terms of average household income.

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I really hope we get this figured out soon


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Wed July 01, 2020 1:15 pm 
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Mickey wrote:
Pretty important clause. It's not an issue of food supply, it's the buying-it-with-money part.

The buying-it-with money part is a much smaller concern than if it were actually a food supply issue which would be disastrous. I maintain optimism that there will be a variety of programs, federal, state, local, and private that can and will ensure that this doesn't turn into a hunger crisis.

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Tue July 28, 2020 3:19 am 
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If everything is going up but the dollar is going down, is that inflation?

RM needs to recruit a finance expert.

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verily, if life had no sense, and had I to choose nonsense, this would be the most desirable nonsense for me also.


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Fri July 31, 2020 7:36 pm 
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The Senate adjourning as the $600 added unemployment payment expires is a pretty big F-you to those who qualified for the program.


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 Post subject: Re: Does anyone care about the economy?
PostPosted: Fri July 31, 2020 7:41 pm 
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BurtReynolds wrote:
If everything is going up but the dollar is going down, is that inflation?


looks like a setup question for a plug for BTC

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Fri July 31, 2020 7:50 pm 
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Isn't deflation the much bigger immediate concern?

-32.9% real GDP change in Q2.

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 Post subject: Re: Does anyone care about the economy?
PostPosted: Fri July 31, 2020 8:01 pm 
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4/5 wrote:
Isn't deflation the much bigger immediate concern?

-32.9% real GDP change in Q2.


very soon it'll be time to buy land.

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Kaius wrote:
I really hope we get this figured out soon


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