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Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 12:33 am
by tragabigzanda
FUCK ICE

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 12:33 am
by Mickey
I'm not saying one of those moving parts works, but it sure is there!

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 12:57 am
by tragabigzanda
FUCK ICE

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:43 am
by The Town
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.

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:52 am
by 96583UP
if it turns out he is Robert Reich IV does that mean he is the prophet of die führer?

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:53 am
by elliseamos
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.

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:54 am
by Rob
Defund the unemployed

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:55 am
by 96583UP
is this code for his lebensraum initiative?

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 2:12 am
by verb_to_trust
McDonald's vouchers comin'

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 2:22 am
by tragabigzanda
FUCK ICE

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 3:30 am
by Mickey
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:
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.

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 3:39 am
by 96583UP
trag hates hungry people pass it on

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 12:28 pm
by elliseamos
1/2 Full

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:13 pm
by Bi_3
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.

Re: Does anyone care about the economy?

Posted: Wed July 01, 2020 1:15 pm
by 4/5
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.

Re: Does anyone care about the economy?

Posted: Tue July 28, 2020 3:19 am
by BurtReynolds
If everything is going up but the dollar is going down, is that inflation?

RM needs to recruit a finance expert.

Re: Does anyone care about the economy?

Posted: Fri July 31, 2020 7:36 pm
by Biff Pocoroba
The Senate adjourning as the $600 added unemployment payment expires is a pretty big F-you to those who qualified for the program.

Re: Does anyone care about the economy?

Posted: Fri July 31, 2020 7:41 pm
by 96583UP
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

Re: Does anyone care about the economy?

Posted: Fri July 31, 2020 7:50 pm
by 4/5
Isn't deflation the much bigger immediate concern?

-32.9% real GDP change in Q2.

Re: Does anyone care about the economy?

Posted: Fri July 31, 2020 8:01 pm
by Bi_3
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.