desecration
Virgin
- Joined
- Sep 14, 2021
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The authorities are frequently lenient toward drivers who kill people with their cars.
Like in Waukesha and Charlottesville?The authorities are frequently lenient toward drivers who kill people with their cars.
But the economy in the US is gangbusters compared to the rest. Which is exactly opposite of what SD tried to imply by starting this thread.Like in Waukesha and Charlottesville?
One of the many reasons the world economy is not doing good in certain sectors:
‘Let’s debunk the myth that mass migration brings an economic benefit,’ says former UK immigration minister
https://www.eptrail.com/2024/04/10/traveling-back-to-the-1970s/Compounding the issue is the federal government’s relentless expenditure. A bid to stimulate economic activity through government expansion creates an opposing force against the Federal Reserve’s attempt to stabilize prices. However, this fiscal largesse, particularly in an election year, is double-edged. Promises of increased social welfare and economic support measures, while politically popular, exacerbate inflationary pressures by injecting more spending.
In the labor market, the inflationary cycle perpetuates as employees demand higher wages to offset the rising cost of living. States like California have responded by mandating wage increases, further contributing to the cost-push inflation dynamic. This wage-price spiral is manifestly evident in sectors such as auto insurance, which has seen premiums surge by 22%, and in housing, where rents and related expenses have climbed by nearly 6%. The most palpable impact for the average citizen, however, is the escalating cost of essentials like food and fuel.
That's akin to saying, he was the last soul on the Titanic to drown...But the economy in the US is gangbusters compared to the rest. Which is exactly opposite of what SD tried to imply by starting this thread.
The argument over speaker of the house is an argument over 3rd officer on the TitanicThat's akin to saying, he was the last soul on the Titanic to drown...
There are "fake" Americans?
Investments (stocks, bonds) are strong; the economy is not."Strong" is a subjective and relative term that is easily debated.
To understand Leftist propaganda, it is important (IMHO) to recognize that it is never wrong; it is only partially true. Your gut instinct is correct: that is still a lie, because telling half the story is a way of manipulating other people into filling in the details in their own heads.The stink of doublespeak is strong
And Right-wing propaganda? It tends to be very primitive: characterization of the Other as a mythology (Satan) or pathology (narcissism).To understand Leftist propaganda, it is important (IMHO) to recognize that it is never wrong; it is only partially true. Your gut instinct is correct: that is still a lie, because telling half the story is a way of manipulating other people into filling in the details in their own heads.
The economy is doing great... if you own stocks, bonds, companies, and so on. This is why the upper middle class and above are doing so well, but the lower half of the middle class are getting fiscally sodomized like the ex in a BTB.
Are you denying the economy is the best in the G-7? Are you denying more Americans are employed? Are you denying wages have been rising?That's akin to saying, he was the last soul on the Titanic to drown...
Investments (stocks, bonds) are strong; the economy is not.
Doing what jobs? Great, more food service.Are you denying more Americans are employed?
Because the currency has lost value.Are you denying wages have been rising?
With rising cost of living, this is normal but not good.Are you denying the latest results show less than 60% of Americans are now living pay cheque to pay cheque?
This is a crucial indicator in my view. When people start foregoing big expenses, it means costs have risen above their salaries.Consumer spending was much weaker than many economists had forecast, with consumers appearing to pull back sharply on spending on goods. Spending on durable goods declined at a 1.2 percent annual pace. Spending on services rose four percent. Overall spending rose at a 2.5 percent rate, below the three percent estimated and the 3.3 percent recorded in the final three months of 2023.
That's how armchair economists read it.This is a crucial indicator in my view. When people start foregoing big expenses, it means costs have risen above their salaries.