They do have Project 2025 as a guideline this time though. So we’ll see how that works out, I guess. It’s going to be all the true believers who probably don’t have any actual management skills, but they’ll at least be determined.
They do have Project 2025 as a guideline this time though. So we’ll see how that works out, I guess. It’s going to be all the true believers who probably don’t have any actual management skills, but they’ll at least be determined.
I’d argue that its name was somewhat deceptive (like most congressional acts) but that the money largely went to projects that are beneficial for the country. Also, the next section on Wikipedia talks about how the overall deficit reduction would lower medium-term and long-term inflation. I think in general, when money is allocated to things like this, it takes a long time to payback since the money has to first be disbursed and then the projects completed for the results to actually be felt.
Very interesting. Surely we can trust our current crop of billionaires to do better for society!
I’m not an economist, but your point on slow deflation seems to make sense. I wonder what deflation to prepandemic prices would do to the economy if it occurred over a couple years.
The way I understand it is:
Prices are like position. Inflation is like speed, which is rate of change of position. The rate of change of inflation would be like acceleration, which is the rate of change of speed. I don’t know if there is a term for rate of change of inflation.
Anyway, I think you might be confused about the terminology, but we’re agreeing on other concepts. The inflated prices are here to stay. If prices generally fell (deflation), we would have other economic issues.
Dodged a bullet only to get hit by the Gorsuch missile?
How did it make inflation worse now?
What other problems would you have liked them to solve?
Can you elaborate on what Rockefeller did? Never heard that before
Inflation was like 9% in 2022. It’s like 2.5% now. How is that not bringing down inflation?
Inflation is the rate of change of prices. It’s not the prices themselves. I got skewered in another thread for pointing this out, but I still think it’s an important distinction.
We thought that the insanity would eventually make Trump and MAGA candidates unelectable. That hasn’t happened yet, so I’m not sure if limiting it really matters.
If by small you mean 0.00000000000001%.
Now seems like exactly not the time to pause, but ok, Jack.
Yeah but GeNoCIdE JoE, etc.
Seriously, it’s amazing that more people don’t understand that Trump does only what Trump thinks will benefit Trump, even if it’s just benefiting the ego.
He plans on ending it by ending Ukraine.
Ok whatever you say.
I mean, Merrick Garland is literally working for Democrats. But they tried to give it the appearance that wasn’t working for Democrats. That’s what the other poster is complaining about. Trump cases needed to be expedited, knowing that he would piss and moan and delay as much as possible. Now it’s too late because he’s going to be president in a couple months, and he can just pardon himself.
Hatsturbation?