Sorry Dora you know I adore ya but I have to post this poll...
Buttigieg?
Pete rising, Gillibrand not going anywhere... I've got money riding on this.
Damn this is a shock poll
2020 Democratic Primary Thread: Focus on House & Senate races
- Thread starter mc_brew
- Start date
Damn this is a shock poll
yseJ
Empire strikes back
does this really work though ?
seems like a basic economics that since 18-year old + population is actually the same population that consumes goods supply and has by far the biggest buying power....buying more/traveling more/eating out more is exactly what @LShedged mentioned as 'velocity of money'. market then adjusts the prices accordingly and once you're in equilibrium you get the same thing, just with inflated prices
AKA inflationit might not be obvious when you deal with small amounts, but once you make the amount big enough to see how it's going to go, I think a picture can be drawn succinctly.
government social programs are distributed to a segment that is tiny in proportion of all population, and that segment always makes very little to no money so there (at least in theory) isnt a rise of buying power. people on government programs need food and shelter basically. they arent consumers of beyond-basic goods.
Smoking With Cigarettes
Superstar
This is true but with exception. In middle school a lot of my classmates family got money from the government for various reasons, the developmentally disabled and those with special needs fams' would get these things called "crazy checks," and they'd go and buy clothes, shoes, electronics, etc. Logically you'd think the move would be save that money uo, maybe spend a little, but thats not the case for a lot of folks. I don't disagree with what you said, I just have been around a lot of poorer folks that spend their money stupidly. My sisters ex had ever game system from this generation, but is still behind on his child support. UBI + economic literacy would lead to people just saving their money, but in our current consumer society I'm just not confident people won't immediately spend that cash.does this really work though ?
seems like a basic economics that since 18-year old + population is actually the same population that consumes goods supply and has by far the biggest buying power....buying more/traveling more/eating out more is exactly what @LShedged mentioned as 'velocity of money'. market then adjusts the prices accordingly and once you're in equilibrium you get the same thing, just with inflated prices
it might not be obvious when you deal with small amounts, but once you make the amount big enough to see how it's going to go, I think a picture can be drawn succinctly.
government social programs are distributed to a segment that is tiny in proportion of all population, and that segment always makes very little to no money so there (at least in theory) isnt a rise of buying power. people on government programs need food and shelter basically. they arent consumers of beyond-basic goods.
I want to believe that since economics is Yangs thing he's figured the impact it'd have on the economy, inflation, etc, but I'm just chilling until these candidates flesh out their policies more
John Reena
Superstar
Get your mans
They really need to take biden out of these polls until he announces hes running officially
Nuke Dukem
Da Bears
Too bad he’s not in the race
Atleast he's Bernie campaign national co-chair.
BTW, checkout the tracking of Trump. This is terrible for incumbent who narrowly won the election by 80,000 votes in 3 states.
Tracking Trump: The President’s Standing Across America
JoogJoint
In my own league.
I agree. I believe the corporate media is doing this so they don't want you to know that Bernie is the leading man to go against Trump. Bernie goes against their narrative and they can't hide it or lie about it anymore.
Ro is a toss up for me. He disappoints me sometimes, but I do like him. I'm surprised an East Indian says this considering how they feel about us. I give him props for that.
Jhoon
Spontaneous Mishaps and Hijinks
I have a saying, “One should not listen to anyone 15 minutes before, during, and 15 minutes after sex.
One shouldn’t listen to people running for election.
does this really work though ?
seems like a basic economics that since 18-year old + population is actually the same population that consumes goods supply and has by far the biggest buying power....buying more/traveling more/eating out more is exactly what @LShedged mentioned as 'velocity of money'. market then adjusts the prices accordingly and once you're in equilibrium you get the same thing, just with inflated prices
it might not be obvious when you deal with small amounts, but once you make the amount big enough to see how it's going to go, I think a picture can be drawn succinctly.
government social programs are distributed to a segment that is tiny in proportion of all population, and that segment always makes very little to no money so there (at least in theory) isnt a rise of buying power. people on government programs need food and shelter basically. they arent consumers of beyond-basic goods.
This is what Yang says:
Wouldn’t that cause rampant inflation? - Andrew Yang for President
The federal government recently printed $4 trillion for the bank bailouts in its quantitative easing program with no inflation. Our plan for a Universal Basic Income uses mostly money already in the economy. In monetary economics, leading theory states that inflation is based on changes in the supply of money. Our UBI plan has minimal changes in the supply of money because it is funded by a Value-added Tax.
It is likely that some companies will increase their prices in response to people having more buying power, and a VAT would also increase prices marginally. However, there will still be competition between firms that will keep prices in check. Over time, technology will continue to decrease the prices of most goods where it is allowed to do so (e.g., clothing, media, consumer electronics, etc.). The main inflation we currently experience is in sectors where automation has not been applied due to government regulation or inapplicability – primarily housing, education, and healthcare. The real issue isn’t Universal Basic Income, it’s whether technology and automation will be allowed to reduce prices in different sectors.
ALSO:
88m3
Fast Money & Foreign Objects
The Hill
March 23 at 7:25 PM ·
“We went to a Giants football game. Did we kiss? No, we did not kiss.”
About this website
THEHILL.COM
Katie Couric reveals she went on a blind date with Cory Booker
Booker's love life has become a point of interest as he campaigns for the Democratic presidential nomination in 2020. He recently confirmed that he is dating Dawson, the star of "Rent" and a Voto Latino activist.
March 23 at 7:25 PM ·
“We went to a Giants football game. Did we kiss? No, we did not kiss.”
About this website
THEHILL.COM
Katie Couric reveals she went on a blind date with Cory Booker
Booker's love life has become a point of interest as he campaigns for the Democratic presidential nomination in 2020. He recently confirmed that he is dating Dawson, the star of "Rent" and a Voto Latino activist.
intra vires
Glory to Michigan
I like how she and her staff posted this from her alt account as well (@KamalaHarris vs @SenKamalaHarris).
We know Harris is AIPAC's lapdog...
In her 2016 speech to AIPAC, she bragged about how her first vote in the Senate was for a resolution she co-sponsored objecting to the UN's resolution on Israeli settlements. That resolution reiterated previous Security Council calls for Israel to stop expanding its illegal settlements in the occupied West Bank, which violate the Fourth Geneva Convention and a landmark ruling by the International Court of Justice.
These aren't "skeletons", they're her views.
...then look at the names missing from the resolution. For me, Senator Markey's absence is notable given his previous stances on Israel and the ICJ.