Re: Does anyone care about the economy?
Posted: Thu November 29, 2018 10:48 pm
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.
I heard some chatter the other day about everything being fine. That's probably a bad sign.Bi_3 wrote:Who, besides people selling house and securities, says we are not at the top? Because algos made the market jump 2% in one day?BurtReynolds wrote:how are we not at the top of a stock market and housing bubble?
At least they had jobs.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.
Saw this quote hanging out in the comment section - I know, you shouldn't read the comments - but it reminded me of this thread.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.
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.McParadigm wrote:Yes, yes....but did he confuse transactions and spending in a tweet?
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.4/5 wrote: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.McParadigm wrote:Yes, yes....but did he confuse transactions and spending in a tweet?
Yes, Paul Ryan's is worse.
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.McParadigm wrote: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.4/5 wrote: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.McParadigm wrote:Yes, yes....but did he confuse transactions and spending in a tweet?
Yes, Paul Ryan's is worse.
Deflect! Deflect! Redirect!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.McParadigm wrote: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.4/5 wrote: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.McParadigm wrote:Yes, yes....but did he confuse transactions and spending in a tweet?
Yes, Paul Ryan's is worse.
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.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.
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.McParadigm wrote: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.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.
For a period of years, in fact, conservatives adored Paul Ryan.
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.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?
It’s not as great as it sounds.BurtReynolds wrote:good news everyone. one day your parents will die.
Or we could, you know, ease up on zoning laws that prevent housing from being built.BurtReynolds wrote:good news everyone. one day your parents will die.
https://www.economist.com/britain/2019/ ... lverlining