Re: Does anyone care about the economy?
Posted: Wed July 01, 2020 12:33 am
FUCK ICE
Maybe Reich means "unparalleled hunger" to be people in need of food.Mickey wrote:Things are going to get very interesting here very soon, says fringe economist *checks hand* Robert Reich
maybe he means reduce the funding, not abolish.The Town wrote:Maybe Reich means "unparalleled hunger" to be people in need of food.Mickey wrote:Things are going to get very interesting here very soon, says fringe economist *checks hand* Robert Reich
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.
As he said: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.
Pretty important clause. It's not an issue of food supply, it's the buying-it-with-money part.And unless Congress extends extra unemployment benefits beyond July 31, we’re also going to have unparalleled hunger.
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.The Town wrote:Maybe Reich means "unparalleled hunger" to be people in need of food.Mickey wrote:Things are going to get very interesting here very soon, says fringe economist *checks hand* Robert Reich
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.
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.Mickey wrote: Pretty important clause. It's not an issue of food supply, it's the buying-it-with-money part.
looks like a setup question for a plug for BTCBurtReynolds wrote:If everything is going up but the dollar is going down, is that inflation?
very soon it'll be time to buy land.4/5 wrote:Isn't deflation the much bigger immediate concern?
-32.9% real GDP change in Q2.